News

Advanced Search

Rapaport TradeWire December 19, 2019

Dec 19, 2019 10:26 AM   By Rapaport
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
26 Nov 19 Igi Tw Banner Jewelry
Rapaport TradeWire
December 19, 2019
RAPAPORT MARKET COMMENT
image

Positive sentiment in final week before Christmas. Retail emphasis on omni-channel and improving in-store shopping experience. Brands using pop-up stores to boost customer interaction, test innovations and showcase new products. Strong online sales. Chinese demand driving polished market ahead of Jan. 25 lunar festival as US and China edge toward trade deal. Alrosa positions itself in China with WeChat blockchain program and unveils plan to integrate Kristall polishing units. Rough market stable following $425M Dec. sight. De Beers issues guidelines for sightholders selling synthetics. Rapaport wishes everyone a successful holiday season.

5 Nov 2019 Gemolithos Tw Banner
RAPNET DIAMOND INDEX (RAPI)
image
Weekly Monthly Y2Y
0.30 ct -0.02% 4.67% -8.98%
0.50 ct 0.35% 1.85% -5.96%
1.00 ct 0.11% -0.40% -5.57%
3.00 ct 0.27% 0.18% -16.86%
RAPI Yearly Graph
Trade Wire 600X160 April 2018
Market Reports
image
United States: Fifth Avenue jewelers pushing branded bridal during peak shopping period...
image
Belgium: Indian dealers looking for goods in Antwerp before bourses close for holiday break...
image
Israel: Momentum slowing for 0.30 to 0.50 ct. sizes though prices remain firm...
image
India: Manufacturers raising production but careful not to build up too much inventory...
image
Hong Kong: Local dealer market improving ahead of Chinese New Year...
image
13 Nov 2019 Gia Id 100 Machine Tw Banner
UPS AND DOWNS
image
Tiffany Expects Double-Digit China Growth
image
India Diamantaires May Get Dollarized Credit Limits
image
Lab-Grown Trade Pushing for Bourse in Surat
image
Burglars Nab $64M in Jewelry from F1 Heiress
image
Tradewire Banner December Single Stone
WEEKLY NEWS
industry
image
News Thumbnail
De Beers Issues Synthetics Guidelines
Miner demands full disclosure and segregation, and bans false marketing claims.
News Thumbnail
Alrosa to Restructure Manufacturing Business
Plan includes integrating Kristall following acquisition.
News Thumbnail
Belgium Export Data Looking More Positive
Rough-diamond orders rise for first time in seven months.
mining
image
News Thumbnail
Profit Margins Improve at $425M De Beers Sale
Sightholders benefit from last month’s price cut.
News Thumbnail
Lucara December Tender Beats Expectations
Sale brings in $53 million as market stabilizes.
News Thumbnail
Alrosa’s Angola Mine to Start Production in 2020
Luaxe will provide 1 million carats in first year, according to report.
News Thumbnail
Petra Names New Chairman
Peter Hill to succeed founder Adonis Pouroulis.
News Thumbnail
De Beers Rough Prices Decline 5% in 2019
Sales have also shifted to lower-value items.
retail
image
News Thumbnail
Alrosa Collaborates on WeChat Blockchain
Miner will supply diamonds for sale via the Chinese messaging app.
News Thumbnail
Signet Expands Lab-Grown Diamond Offering
Jeweler now carrying synthetics at James Allen, Kay, Zales and Jared.
News Thumbnail
Strong November Sales Kick Off Season
Robust consumer sentiment has supported spending, says National Retail Federation.
News Thumbnail
Ex-Bulgari Executive to Join Pandora
Carla Liuni will begin role as chief marketing officer in March.
general
image
News Thumbnail
Gemfields Debuts Traceable-Ruby Program
Partnership with Gübelin Gem Lab covers 12 parcels from miner’s December sale.
News Thumbnail
Hamilton Jewelers Mourns Chairman Martin Siegel
Innovative leader was instrumental in growing the retailer’s brand.
News Thumbnail
Pomellato CEO to Lead Altagamma Jewelry Unit
Italian luxury-industry group brings Sabina Belli on board as vice president for the category.
2019 Nov 28 Rap Net Comp Edge 600X160Px Static Final
FINANCE
Diamond Industry Stock Report
image

Retail shares strengthened as US-China trade talks supported investor confidence. Macy’s (+5%) led the sector in a week that saw record highs for the Dow Jones Industrial Average (+1.2%) and the S&P 500 (+1.6%). The cooling of tensions between Washington and Beijing also boosted Hong Kong equities, with Chow Sang Sang (+4%) and Luk Fook (+3%) gaining. Mining stocks were mixed, with Firestone Diamonds (-7%) heading the declines, while Alrosa (+3.4%) climbed.

Rapnet Trade Wire
Joseph Gad 12 Dec 19 Tw Square
2019 Nov 3 Comp Edge 300X300Px Final
Tradewire Box December Single Stone
Contact Us
image
Facebook  Twitter  LinkedIn  Google+  RSS  Email
© Copyright 2019 Martin Rapaport. All Rights Reserved.
Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are registered trademarks.
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
Similar Articles
Rapaport TradeWire January 30, 2020
Jan 30, 2020
Industry Retail Mining General Finance January 30, 2020 RAPAPORT MARKET COMMENT Chinese coronavirus outbreak
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.