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Rapaport Weekly Market Comment
Diamond market hot as De Beers raises rough prices an estimated 15% for small goods, 5% to 12% for 3-grainer
News Jan 20, 2022 Rapaport News
Jared interior
Signet Enjoys Best Holiday Season Ever
Signet Jewelers’ holiday sales rose to record levels as the diamond retailer capitalized on the buoyant US consumer market.Revenue
News Jan 20, 2022 Rapaport News
Mumbai Jewellery Park Signing
Large Mumbai Jewelry Park on the Horizon
Regional authorities in the Mumbai area have agreed to allocate space for a new jewelry park that will
News Jan 20, 2022 Rapaport News
Stephen Lussier
De Beers Brand Guru Stephen Lussier to Step Down
Stephen Lussier, one of De Beers’ most recognizable and influential figures, will stand down from his role
News Jan 20, 2022 Rapaport News
Bain China luxury 140
China’s Jewelry Market Sees Another Year of Growth
Sales of luxury items in China jumped in 2021, with purchases of jewelry rising 35% as consumers continued to spend locally
News Jan 20, 2022 Rapaport News
Bharat Diamond Bourse
India’s Diamond Trading Jumps in December
India’s polished-diamond exports rose 3% year on year to $1.77 billion in December as the market continued to strengthen during the
News Jan 19, 2022 Rapaport News
Cartier engagement rings
Jewelry Leads Sales Growth at Richemont
Richemont’s jewelry brands saw impressive gains in the third fiscal quarter as the global luxury market continued
News Jan 19, 2022 Rapaport News
BlueRock rough 140
BlueRock Plans to Boost Production, Sales in 2022
BlueRock Diamonds expects a sharp rise in rough output and sales from its Kareevlei mine in South Africa
News Jan 19, 2022 Rapaport News
India tax 140
India Trade Implores Govt. to Lower Import Duty
The Indian diamond industry has repeated its calls for a reduction in import taxes on polished, saying this
News Jan 18, 2022 Rapaport News
Rio Tinto Diavik diamonds 140
Diavik Production Falls in 2021
Production at the Diavik mine in Canada dropped 6% year on year in 2021, owner Rio Tinto said Tuesday.Output at the
News Jan 18, 2022 Rapaport News
Petra Williamson ore 140
Petra Revenue Receives Boost from Special Stones
Petra Diamonds’ revenue jumped in the first fiscal half as rough prices rose and the company sold
News Jan 18, 2022 Rapaport News
Rough diamonds De Beers
De Beers Hikes Rough Prices
De Beers made hefty price increases at its first sight of the year as diamond manufacturers restocked following a strong
News Jan 17, 2022 Joshua Freedman
Sothebys black diamond 140
Sotheby’s to Auction 555.55ct. Black Diamond
A 555.55-carat black diamond believed to have come from outer space will go under the hammer in February at a one-off
News Jan 17, 2022 Rapaport News
Luk Fook 140
Low Gold Prices Buoy Luk Fook
Sales at Luk Fook rose in the third fiscal quarter, reflecting not only a comparison with last year’s
News Jan 17, 2022 Rapaport News
Michael Hill 140
Online Sales Boost Michael Hill in Holiday Quarter
Michael Hill’s sales rose 10% year on year in the second fiscal quarter, even as a large part of its
News Jan 16, 2022 Rapaport News
Gahcho Kué
Mountain Province Rough Output Drops
Production at the Gahcho Kué mine in Canada missed expectations in 2021, falling 4% for the year, according to part
News Jan 16, 2022 Rapaport News
NRF 140
Holiday Sales Crush Expectations in Record High
US retail sales surged 14% during the recent holiday season as consumers eagerly spent their savings, according
News Jan 16, 2022 Rapaport News
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Rapaport Weekly Market Comment
Dealers returning from vacation confident that positive momentum will continue. Some polished suppliers holding back
News Jan 13, 2022 Rapaport News
Alrosa rough 140
Alrosa Diamond Sales Hit Year Low in December
Alrosa’s sales reached their lowest level of the year in December as a depletion of stock led to less available inventory.The
News Jan 13, 2022 Rapaport News
Adobe Holiday 140
Online US Jewelry Sales Surge over Holidays
E-commerce spending in the US topped $200 billion for the first time during the holiday period, with
News Jan 12, 2022 Rapaport News
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