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Coronavirus
Coronavirus Updates: Impact on the Diamond Trade
The Covid-19 pandemic that has swept the globe has had a notable impact on the diamond industry,
News Dec 03, 2020 Rapaport News
Hong Kong retail 150
Hong Kong Retail Decline Narrows in October
Sales of jewelry and other luxury items in Hong Kong slid in October, even as an upturn in the health situation
News Dec 01, 2020 Rapaport News
Black Friday traffic 150
Jewelry Sales Fall on Black Friday
US jewelry sales plunged 54% year on year on Black Friday as consumers stayed away from physical stores, according
News Nov 30, 2020 Rapaport News
Birks store Toronto Canada
Birks Sales Slide After Store Closures
Canada-based jewelry retailer Birks Group saw sales slump in its first fiscal half as the coronavirus forced
News Nov 29, 2020 Rapaport News
Luk Fook store MixC World in Shenzhen Bay
Luk Fook Eyes China Expansion
Hong Kong-based Luk Fook will accelerate its expansion in mainland China, considering the market a strong source
News Nov 26, 2020 Rapaport News
Chow Tai Fook 150
China Rebound Boosts Chow Tai Fook Profit
Chow Tai Fook saw earnings grow in the first fiscal half amid surging gold prices and
News Nov 25, 2020 Rapaport News
NRF Holiday 150
Sales Will Rise This Holiday, Retail Group Predicts
The National Retail Federation (NRF) has forecast strong growth in US holiday sales, as consumers look for something
News Nov 24, 2020 Rapaport News
Mag cover story Nov 2020
Making the Most of the Holidays
It’s been a tumultuous year, and the upcoming holiday forecast has not eased concerns. Although sales
News Nov 23, 2020 Lara Ewen
TSL Malaysia store
Hong Kong’s Tse Sui Luen Suffers Heavy Losses
Hong Kong-based jeweler Tse Sui Luen (TSL) fell into the red in its first fiscal half
News Nov 19, 2020 Rapaport News
De Beers rough sorting at Debmarine Namibia
De Beers Sees Third Consecutive Sales Increase
De Beers’ November sales cycle garnered $450 million as retail demand in the US and China supported manufacturers’ appetite
News Nov 18, 2020 Rapaport News
FCRF colored diamonds 150
Fancy-Color Index Sees Decline in 2020
Prices of fancy-color diamonds slipped 0.7% in the first nine months of the year, remaining relatively steady despite
News Nov 15, 2020 Rapaport News
Dominion Ekati ice road 150
Dominion Nears Deal to Restart Ekati
Dominion Diamond Mines plans to recall approximately 60 of its furloughed workers in December to prepare for a restart at its Ekati
News Nov 15, 2020 Rapaport News
Alrosa 150
Alrosa Gives Cautious 2021 Production Outlook
Alrosa expects to maintain production at its current low levels next year, aiming to reduce inventories that built
News Nov 12, 2020 Joshua Freedman
Adobe online shopping credit Shutterstock 150
US Online Spending Picks Up Post-Election
E-commerce sales in the US rebounded this week following an initial dip in spending after the presidential election, according
News Nov 12, 2020 Rapaport News
Damtshaa mine De Beers
De Beers to Stop Production at Botswana Mine
Debswana, De Beers’ joint venture with Botswana, will pause mining at the Damtshaa deposit for an indefinite period,
News Nov 11, 2020 Rapaport News
Alrosa
Alrosa Sales Continue Upward Trend
Alrosa’s sales exceeded 2019 levels for the third consecutive month in October as the diamond market improved
News Nov 10, 2020 Rapaport News
Julie Lamb trunk show
How to Hold a Virtual Trunk Show
Two weeks after New York’s Museum of Art and Design (MAD) closed due to the coronavirus pandemic,
News Nov 10, 2020 Jennifer Heebner
De Beers Insight Report Nov 2020
De Beers: Recovery to Extend ‘Well Beyond 2020’
The diamond sector’s rebound from the Covid-19 crisis will feature ups and downs that will
News Nov 10, 2020 Rapaport News
Asian Star jewelry
Sales Slump at Indian Manufacturer Asian Star
Asian Star’s sales fell in the second fiscal quarter as the coronavirus pandemic continued to affect business for
News Nov 09, 2020 Rapaport News
Michael Lerche Plumb Club podcast
Podcast: Plumb Club Moves with the Times
The pandemic and its impact on trade shows have forced the Plumb Club to help its members
News Nov 09, 2020 Joshua Freedman
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