News

Advanced Search

Latest News

Headers Only 		   
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,
Polished Markets Mar 31, 2020 Rapaport News
Gemfields
Gemfields Halts Mining and Sales
Gemfields has closed the majority of its business amid the coronavirus pandemic, and is unsure when it will
Mining Mar 31, 2020 Rapaport News
Diamcor
Diamcor Pauses Operations, Cancels Tenders
Diamcor Mining has shut its South African mine amid the government-imposed 21-day lockdown to stem the
Mining Mar 31, 2020 Rapaport News
Hong Kong retail coronavirus
Hong Kong Retail Sales Plummet 79% in February
Sales of jewelry and other hard-luxury items in Hong Kong slumped to an all-time low in February due to the coronavirus,
Retail Mar 31, 2020 Rapaport News
Signet
Signet Settles Shareholder Suit for $240M
Signet Jewelers has agreed to a $240 million settlement relating to a lawsuit filed by shareholders. The suit claims the
Retail Mar 31, 2020 Rapaport News
De Beers Orapa mine
Market Slump Prompts Botswana Downgrade
S&P Global Ratings has lowered Botswana’s credit rating, citing weaker diamond revenues because of the current
Mining Mar 30, 2020 Rapaport News
Sothebys Online
Sotheby’s Online Sale Exceeds Expectations
Sotheby’s garnered $739,375 from its Jewels Online sale, beating its high estimate of $671,600 for the
Polished Markets Mar 30, 2020 Rapaport News
LVMH Updat
LVMH 1Q Revenue Could Fall up to 20%
LVMH expects its revenue for the first quarter to drop as the coronavirus outbreak has led to the
Retail Mar 30, 2020 Rapaport News
DMCC
Dubai Trading Center Unveils Aid Package
The Dubai Multi Commodities Centre (DMCC) will implement a support package for its trade members amid
Polished Markets Mar 30, 2020 Rapaport News
Namdeb employee sorting through rough diamonds.
De Beers Cancels Upcoming Sight
De Beers has called off this week’s sight in Botswana, citing restrictions resulting from measures to contain the
Rough Markets Mar 30, 2020 Rapaport News
DPA Support Network
Jewelry Industry Groups Create Support Network
A number of trade groups have joined together in an effort to support small jewelry businesses amid the COVID-19 pandemic.The
Retail Mar 30, 2020 Rapaport News
Antwerp port house
Belgian Banks Postpone Loan Repayments
Belgium has introduced emergency financial concessions to help companies survive the current downturn, offering businesses extra
Financial-Legal Mar 30, 2020 Rapaport News
Petra Cullinan mine plant
Rough Prices Slide 24% at Petra Tender
Rough prices slumped at Petra Diamonds’ March tenders in South Africa and Antwerp as the severe slowdown in the
Mining Mar 29, 2020 Rapaport News
GJEPC
GJEPC Donates $6.7M in Coronavirus Aid
The Gem & Jewellery Export Promotion Council (GJEPC) will contribute a sum from its own reserves
Polished Markets Mar 29, 2020 Rapaport News
Venetia mine
De Beers Cuts Venetia Workforce During Lockdown
De Beers will reduce its worker head count at its sole diamond mine in South Africa by around 75%
Mining Mar 29, 2020 Rapaport News
Chow Sang Sang
COVID-19 Has ‘Alarming’ Impact on Chow Sang Sang
COVID-19 heavily affected sales at Hong Kong-based jeweler Chow Sang Sang in the first two months of 2020,
Retail Mar 29, 2020 Rapaport News
Pandora
Pandora Hires Ex-H&M Exec to Help Revamp
Pandora has hired Martino Pessina as chief commercial officer as part of its efforts to restructure the company and
Retail Mar 29, 2020 Rapaport News
Rapaport Logo
Rapaport Weekly Market Comment
Coronavirus brings unprecedented disruption to diamond industry as US retail, India manufacturing and South Africa mining shut down.
Polished Markets Mar 26, 2020 Rapaport News
India Diamond Week Launches 150
India: Trading Collapses Amid Virus Shutdown
Trading collapsed due to coronavirus shutdown in all key retail markets. Rising concerns about spread of COVID-19 within
Research Mar 26, 2020 Rapaport News
Zales store in Wesley Chapel, Florida
Strong Holiday Lifts Signet to 4Q Profit
Signet Jewelers returned to profit in the fourth fiscal quarter and recorded growth in same-store sales, as the company’s
Retail Mar 26, 2020 Rapaport News
Previous 1 Next
Show articles per page
Weekly Market Comment

Coronavirus brings unprecedented disruption to diamond industry as US retail, India manufacturing
Rapaport Reports

No articles found
MOST VIEWED
© 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.