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Rapaport Weekly Market Comment
Positive outlook for 2021 amid steady jewelry sales in US and China. Polished inventory rising. More goods
News Feb 25, 2021 Rapaport News
Michael Hill store
Michael Hill Store Lockdown Leads to Sales Slip
Revenue at Michael Hill fell 2.9% year on year to AUD 319.9 million ($255.7 million) in the first fiscal
News Feb 25, 2021 Rapaport News
Rough diamond De Beers
De Beers Posts First Loss Since 2009
De Beers recorded its first annual loss since the aftermath of the global financial crisis as rough sales
News Feb 25, 2021 Rapaport News
Polished diamond
US Polished Imports Down Almost 40% in 2020
US polished-diamond imports fell 39% to $11.82 billion last year, reflecting heavy declines in the second quarter, according
News Feb 24, 2021 Rapaport News
Alrosa rough
Alrosa Lifts Rough Prices at February Sale
Alrosa raised prices at its contract sale last week as the rough market continued to recover following the
News Feb 24, 2021 Rapaport News
Lucapa 215 new 140
Mothae Yields Its Largest High-Quality Rough
Lucapa Diamond Company recovered a 215-carat rough from its Mothae mine in Lesotho, the largest high-quality stone
News Feb 24, 2021 Rapaport News
Macys store NYC 140
Jewelry Sales Buoy Macy’s in Difficult Quarter
Jewelry was one of the best-performing categories at Macy’s during the fourth fiscal quarter, even as overall sales
News Feb 24, 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 Feb 24, 2021 Rapaport News
GIA counterfeit inscription
Diamonds with Fake Inscriptions Turn Up at GIA
The Gemological Institute of America (GIA) has recently received “a number of” lab-grown or treated stones carrying natural-diamond
News Feb 23, 2021 Rapaport News
Lucara Sethunya 140
Lucara Revenue Slides in Challenging 2020 Market
Lucara Diamond Corp.’s sales fell in 2020 as the miner held back special-sized rough from its Karowe
News Feb 23, 2021 Rapaport News
Argyle Closure
Webinar: The Pandemic in Perspective
The diamond and jewelry trade had a relatively successful holiday season, considering the difficult consumer and
Analysis Feb 23, 2021 Rapaport News
JCK BIJC 140
Black in Jewelry Coalition Receives JCK Grant
JCK’s first diversity grant has gone to the Black in Jewelry Coalition (BIJC), which will use the
News Feb 22, 2021 Rapaport News
Boaz Moldawsky new 140
Israel Bourse Picks Boaz Moldawsky as President
Boaz Moldawsky has been elected president of the Israel Diamond Exchange (IDE) for a three-year term, succeeding
News Feb 22, 2021 Rapaport News
Pearl in shell
CIBJO Launches Pearl Guide Aimed at Consumers
The World Jewellery Confederation (CIBJO) has released a consumer-targeted publication explaining how to describe and categorize pearls.The
News Feb 21, 2021 Rapaport News
Diavik Diamond Mine, Courtesy: Diavik Diamond Mine
Rio Tinto Diamond Revenue Slides
Rio Tinto’s rough-diamond sales fell 26% to $459 million in 2020 as the coronavirus crisis limited global trading,
News Feb 21, 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
Time Century Miami
New Miami Jewelry Mall Receives $24M Boost
The developer of a new jewelry retail complex in Miami has secured a $23.6 million loan, enabling it to move forward
News Feb 21, 2021 Rapaport News
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Rapaport Weekly Market Comment
Polished dealers optimistic. Positive momentum amid busy Valentine’s Day in US and initial reports of robust Chinese New
News Feb 18, 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
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Weekly Market Comment

Positive outlook for 2021 amid steady jewelry sales in US and

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