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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 Feb 24, 2021 Rapaport News
Longines watch on man's wrist
Swiss Watch Trade Sees 12th Month of Decline
Swiss watch exports fell 11% year on year to CHF 1.59 billion ($1.78 billion) in January, the 12th
News Feb 21, 2021 Rapaport News
Kering Qeelin store 140
China Buoys Kering Jewelry Sales in 2020
Kering reported solid sales in its jewelry and watch divisions in 2020, as resurgent demand in mainland China helped
News Feb 18, 2021 Rapaport News
NRF couple in mall 140
US Stimulus Boosts January Retail Sales
US retail sales surged in January as government stimulus checks boosted consumer confidence, the National Retail Federation (NRF)
News Feb 18, 2021 Rapaport News
Gahcho Kue new 140
Gahcho Kué Stays Shut as Covid-19 Cases Rise
Mining operations at Gahcho Kué remain suspended following the identification of further employees who have tested positive
News Feb 18, 2021 Leah Meirovich
TAGS tender Dubai July 2019
Dubai Virus Surge Creates Snag for Rough Tenders
Dubai has become something of a focal point for the diamond industry during the pandemic. While the
News Feb 17, 2021 Joshua Freedman
Danielle Keller Aviram 140
The Importance of Circular Business Models
Consumers require authenticity and transparency these days, especially when buying something as meaningful and precious as natural
News Feb 17, 2021 Danielle Keller Aviram
Inhorgenta 2020
Are Trade Shows Going to Happen in 2021?
Three weeks in March 2020 underscored how fast the situation could change during Covid-19. On the third
News Feb 11, 2021 Joshua Freedman
Bain diamond jewelry 140
Diamond Market Set for Full Recovery by 2024
The diamond supply chain will return to pre-pandemic levels between 2022 and 2024, led by economic recoveries
News Feb 09, 2021 Leah Meirovich
Pandora store 140
Virus Resurgence Forces Pandora Store Closures
Pandora shuttered approximately 30% of its retail network in January amid a new outbreak of coronavirus cases.Most of the store
News Feb 08, 2021 Leah Meirovich
De Beers Gahcho Kue 140
Gahcho Kué Mine Shuts Amid Covid-19 Outbreak
De Beers has suspended all mining and ore processing at its jointly owned Gahcho Kué mine in Canada
News Feb 08, 2021 Leah Meirovich
Bain credit Michael Hill 140
Lab-Grown Prices Have Slumped, Bain Says
Increased synthetic-diamond production led to a price drop last year, giving lab-grown a greater share of the fashion-jewelry market,
News Feb 08, 2021 Leah Meirovich
Pandora jewelry
Pandora Sales Slip Amid Lockdowns
Pandora’s revenue fell 1% year on year to DKK 7.89 billion ($1.27 billion) in the fourth quarter as lockdowns forced
News Feb 04, 2021 Rapaport News
Jewelry in store
Jewelry Retailers Enjoy Post-Lockdown Growth
Most US jewelers have recorded sales growth since stores reopened, supported by a shift toward e-commerce and strong
News Feb 03, 2021 Rapaport News
De Beers
De Beers Sales Hit Three-Year High
De Beers’ rough-diamond sales soared to $650 million in January, its highest for any month since 2018, as manufacturers
News Feb 03, 2021 Rapaport News
Firestone Liqhobong 140
Firestone Mine Remains Shut Amid Debt Talks
Firestone Diamonds will keep its Liqhobong mine closed as it works with its bondholders to restructure its debt
News Feb 02, 2021 Rapaport News
Gem Diamonds 150
Gem Diamonds Sales Rise as Prices Rebound
Gem Diamonds emerged from 2020 as one of the few miners to record revenue growth, benefiting from a sharp
News Feb 02, 2021 Rapaport News
Gold jewelry
Gold-Jewelry Demand Slumps to Record Low
Gold-jewelry demand plummeted in 2020 due to the pandemic and high prices, according to the World Gold Council
News Jan 31, 2021 Rapaport News
International Diamond Week in Israel 2016
Israel Optimistic After Heavy Trading Slump
Leaders of Israel’s diamond sector expressed confidence in a recovery after strong trading in the final months of last year
News Jan 27, 2021 Joshua Freedman
Diamcor rough 140
Small Mines Restart Amid Rough Recovery
Several small-scale diamond miners have resumed operations after shutting down during the pandemic, offering another
News Jan 26, 2021 Rapaport News
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