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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
News Mar 30, 2020 Rapaport News
Gucci credit Shutterstock
China Showing Positive Signs, Says Kering
Kering, the owner of Gucci, Saint Laurent and Boucheron, said demand in China was starting to recover, even
News Mar 22, 2020 Rapaport News
India GST
Indian Exporters Get Reprieve from Banks
Indian banks have agreed to offer special concessions to diamond exporters to help them deal with late payments
News Mar 19, 2020 Rapaport News
De Beers Botswana
De Beers Sight Still On Despite Travel Ban
De Beers’ upcoming sight in Botswana will still take place despite the country’s ban on arrivals from the
News Mar 18, 2020 Joshua Freedman
Rough and polished diamonds at International Diamo
Israel Eases Trading Rules After Exports Plummet
Israel’s diamond regulator has granted temporary concessions to promote shipments to and from countries affected by the coronavirus,
News Mar 12, 2020 Rapaport News
Chow Tai Fook Hong Kong store
Coronavirus Pummels Chow Tai Fook’s Sales
Sales at Chow Tai Fook dropped 60% in Hong Kong and Macau and 42% in mainland China in the
News Mar 11, 2020 Rapaport News
Rough diamond in loupe
De Beers Sales Fall as Virus Impacts Sentiment
De Beers’ rough-diamond sales declined 28% year on year to $355 million in February as the coronavirus hit demand.Many sightholders
News Mar 04, 2020 Joshua Freedman
JCK Las Vegas 2019
JCK Las Vegas to Go Ahead
The JCK Las Vegas and Luxury shows will take place as planned, their organizer has confirmed,
News Mar 04, 2020 Rapaport News
Press Release
Polished Prices Slide Amid Coronavirus Fears
RAPAPORT PRESS RELEASE, March 3, 2020, Las Vegas… Diamond trading declined sharply in February due to economic uncertainty
Press Release Mar 03, 2020 Rapaport
De Beers sightholder examining rough
De Beers Lets Sightholders Defer Chinese Goods
De Beers has allowed clients to forgo buying certain rough diamonds at this week’s sight, as the coronavirus outbreak
News Feb 26, 2020 Joshua Freedman
China customs officials
China’s Diamond Trade Weighs Virus Effect
Chinese retail is almost dead, the country’s bourses are quiet, and even importing rough goods has
News Feb 25, 2020 Joshua Freedman
De Beers rough and polished
De Beers Optimistic After 2019 Earnings Slump
De Beers gave a positive outlook for 2020 due to an improvement in the industry’s inventory situation, despite growing concerns
News Feb 20, 2020 Rapaport News
Luk Fook Hong Kong store 2016
Luk Fook to Reduce Hong Kong Presence
Luk Fook plans to scale back its Hong Kong store network and expand in mainland China and
News Jan 20, 2020 Rapaport News
Enzo
Chow Tai Fook Buys Chinese Retailer Enzo
Chow Tai Fook has acquired Enzo Jewelry, a colored-gemstone brand with around 60 retail locations in mainland China.
News Jan 19, 2020 Rapaport News
Antwerp
Belgium Shipments Hit 10-Year Low
Belgium’s diamond trade declined in 2019 as excess supply led to slower demand for rough and polished, the
News Jan 16, 2020 Rapaport News
HK protest
Chow Tai Fook to Shut Stores in Hong Kong
Chow Tai Fook intends to close up to 15 stores in Hong Kong as street protests and a tourism slowdown have hit
News Jan 14, 2020 Rapaport News
Intersection in front of Tiffany Fifth Avenue
Tiffany Holiday Revenue Rises as US Recovers
Tiffany & Co. noted a “momentum shift” in the Americas during the holidays, as growth in the region contributed
News Dec 26, 2019 Rapaport News
TAG Heuer
Hong Kong Slump Disrupts Swiss Watches
Swiss watch exports fell in November as orders from Hong Kong continued to slow. Shipments to all countries declined
News Dec 22, 2019 Rapaport News
Tiffany Hong Kong store
Tiffany Sales Stall as Tourist Spending Dries Up
Sales at Tiffany & Co. were flat at $1.01 billion in the third fiscal quarter as increases in mainland China
News Dec 05, 2019 Rapaport News
Singles Day
Alibaba Sees Record Singles’ Day Sales
Singles’ Day has continued to grow as a major online shopping occasion in China, with Alibaba Group reporting record
News Nov 12, 2019 Rapaport News
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