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Rapaport Research Report May 2021 Cover
A Brave New World for the Diamond Trade
Health concerns aside, the diamond trade is in better shape than it was a year ago. In fact, the market
Analysis May 06, 2021 Avi Krawitz
GemGeneve 140
GemGenève Announces 2021 Show Dates
The third installment of Swiss gem and jewelry show GemGenève is set to take place in November after a forced
News May 06, 2021 Rapaport News
pandora store China 140
Pandora Raises 2021 Outlook, Focuses on China
Pandora has increased its forecast for the full year amid strong US and online demand at the
News May 05, 2021 Rapaport News
Hong KOng Retail 140
Hong Kong Retail Sales Continue Resurgence
Hong Kong-based retail sales of jewelry and other hard-luxury items surged in March as Covid-19 restrictions eased and
News May 04, 2021 Rapaport News
Phillips jewelry hires 140
Phillips Expands Global Jewelry Team
Phillips has hired two executives for its international jewelry department in an effort to broaden its expertise in the
News May 04, 2021 Rapaport News
Pandora lab grown 140
Pandora Taps Lab-Grown, Drops Mined Diamonds
Pandora has launched its first lab-grown jewelry line and pledged to cease using mined diamonds in any
News May 04, 2021 Rapaport News
Loose Diamonds
Diamond Prices Firm as India Supply Drops
RAPAPORT PRESS RELEASE, May 4, 2021, Las Vegas… Diamond markets were mixed in April. A robust recovery in the
Press Release May 04, 2021 Rapaport
Jewelry Industry Summit Logo
Jewelry Summit Explores Environmental Claims
The Jewelry Industry Summit (JIS) is turning its attention to environmental issues in its next webinar taking place
News May 03, 2021 Rapaport News
TSL HK 140
Hong Kong Jeweler TSL Warns of Loss
Tse Sui Luen (TSL) expects to report a loss for the full fiscal year amid a drop in consumer
News May 03, 2021 Rapaport News
Helzberg Diamonds store, Millennia Mall, Orlando,
Retail Sales Rebound at Berkshire Hathaway
Berkshire Hathaway, which owns Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, saw retail sales jump
News May 02, 2021 Rapaport News
Titan Company watch
India’s Titan Sees Sales Recover
Titan Company’s sales and profit jumped sharply in the first three months of 2021, benefiting from lower
News May 02, 2021 Rapaport News
Pandora charm bracelet 140
Banks Tie Pandora Loan to Sustainability Targets
Pandora has signed a new EUR 950 million ($1.15 billion) credit facility whose pricing is linked to the
News Apr 29, 2021 Rapaport News
India Ambulance
Diamond Trade Launches India Fundraising Drive
The diamond industry has rallied behind efforts to alleviate the dire Covid-19 situation in India, with various
News Apr 29, 2021 Rapaport News
India Covid testing
Volatility Looms Amid India’s Covid-19 Crisis
The dramatic spike in Covid-19 infections in India has injected uncertainty into the diamond market. As the country
Analysis Apr 29, 2021 Avi Krawitz
Jewelry in box
RJC Launches Task Force to Tackle UN Goals
The Responsible Jewellery Council (RJC) has unveiled a task force to help benchmark the progress of its members
News Apr 26, 2021 Rapaport News
NRF Mothers Day Shutterstock 140
‘Record’ Jewelry Outlay to Drive Mother’s Day Sales
US consumers are expected to spend a record amount on jewelry this Mother’s Day in an effort to treat their loved ones
News Apr 25, 2021 Rapaport News
India flag
Trade Alert: India Covid-19 Crisis
India is undergoing a severe Covid-19 crisis that will impact the global diamond trade. India manufactures about
Trade Alert Apr 22, 2021 Rapaport
Ben Bridge 140
Ben Bridge Sponsors GIA Minority Scholarship
Warren Buffett-owned jeweler Ben Bridge and the Black in Jewelry Coalition (BIJC) are sponsoring a scholarship for
News Apr 22, 2021 Rapaport News
Brett Oconnor Heritage 140
Industry Veteran Joins Heritage Auctions
Heritage Auctions has hired Brett O’Connor as senior director of private sales for jewelry and timepieces.O’Connor, who
News Apr 22, 2021 Rapaport News
Michael Hill store 140
Michael Hill Gets a Boost from Digital Sales
Michael Hill’s sales rose in the third fiscal quarter as robust e-commerce growth compensated for store closures
News Apr 21, 2021 Rapaport News
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Weekly Market Comment

Diamond market activity slower due to spike in Covid-19 cases in India.

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Volatility looms amid India’s Covid-19 crisis

The dramatic spike in Covid-19 infections in India has injected uncertainty

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