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Antwerp 150
Belgium Trade Hits 18-Month High
Belgium’s polished-diamond exports jumped 40% year on year to $716 million in March, reaching the highest level since
News Apr 19, 2021 Rapaport News
Luk Fook China store
Luk Fook Sales Jump as Economy Reopens
Luk Fook’s same-store sales rose 30% in the fourth fiscal quarter amid the recovery of the Chinese
News Apr 19, 2021 Rapaport News
JBT jewelry store 140
US Jewelry Store Closure Rate Slows
The number of jewelry businesses operating in the US slipped slightly in the first quarter of 2021, a much smaller decrease
News Apr 19, 2021 Rapaport News
Chow Tai Fook store 140
China Recovery Boosts Chow Tai Fook
Chow Tai Fook’s sales surged in the fourth fiscal quarter amid the reopening of the greater China
News Apr 19, 2021 Rapaport News
Mountain Province Gahcho Kue 140
Mine Shutdown Impairs Mountain Province Output
Production from Mountain Province’s Gahcho Kué mine fell in the first quarter amid an unplanned shutdown of the
News Apr 19, 2021 Rapaport News
GIA NY 140
GIA Wins Court Battle Against Lab with Similar Name
The Gemological Institute of America (GIA) has prevailed in a trademark infringement suit against a lab that used a look-alike
News Apr 19, 2021 Rapaport News
Botuobinsky mine Alrosa
Alrosa Sales Rise as Market Strengthens
Alrosa’s sales jumped sharply in the first quarter as market activity rebounded across the diamond supply chain,
News Apr 18, 2021 Rapaport News
GIA color grading
GIA Recalls Diamonds over Treatment Query
The Gemological Institute of America (GIA) has asked customers to return a number of colored diamonds for reassessment, suspecting
News Apr 18, 2021 Joshua Freedman
NRF credit Shutterstock 140
Stimulus Spurs March US Retail Sales
US retail sales rebounded strongly in March as consumers went out to spend the stimulus money they had received
News Apr 18, 2021 Rapaport News
Sothebys NY 41.50carat
Sotheby’s New York Sale Fetches $21M
Sotheby’s brought in $21 million from its Magnificent Jewels sale in New York, with a 41.50-carat diamond ring
News Apr 18, 2021 Rapaport News
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Rapaport Weekly Market Comment
Polished market seasonally slow. Uncertainty over impact of Mumbai lockdown as Maharashtra state tightens restrictions. GIA backlog
News Apr 15, 2021 Rapaport News
Dollars & Diamonds
Diamantaires Emerge from Crisis with Credit
In the first issue of the Rapaport Research Report, which came out in January 2018, we highlighted the mistrust
Analysis Apr 15, 2021 Avi Krawitz
Mumbai during lockdown April 2020
Mumbai Diamond Trade Exempt from Lockdown
India’s gem and jewelry industry has obtained an exemption from the strict Covid-19 measures that have
News Apr 14, 2021 Joshua Freedman
LVMH Tiffany credit Shutterstock 140
Tiffany Propels LVMH Jewelry Sales
Jewelry and watch sales at LVMH rose in the first quarter, buoyed by the inclusion of Tiffany & Co.
News Apr 14, 2021 Rapaport News
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 Apr 14, 2021 Rapaport News
Christies Perfect Palette 140
Colored-Diamond Trio Fetches $8M at Christie’s
Three rings featuring diamonds with fancy-vivid color stole the show at the Christie’s Magnificent Jewels auction,
News Apr 14, 2021 Rapaport News
Murowa diamond mine 140
Zimbabwe’s Murowa Mine Sees Output Fall
Production of rough diamonds at the Murowa mine in Zimbabwe declined 15% in 2020 amid a move to lower-grade resources.Output came
News Apr 13, 2021 Rapaport News
Empire State Building with US flags
US Polished Imports Return to Downward Trend
US polished-diamond imports fell again in February after showing signs of stabilizing in the previous month, according to recent data
News Apr 13, 2021 Rapaport News
GSI
Gemological Science International Opens in Jaipur
Gemological Science International (GSI) has launched a laboratory in Jaipur, aiming to tap into the Indian city’s rich
News Apr 13, 2021 Rapaport News
Jared interior
Signet Raises Outlook After Strong Start to 2021
Signet Jewelers has predicted sales growth of up to 88% for the first fiscal quarter amid positive market
News Apr 12, 2021 Rapaport News
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