Advanced Search

Rapaport Webinar to Outline 4Q Prospects

Nov 4, 2019 5:31 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... The diamond industry has much riding on this holiday season, having endured tough market conditions in 2019. While the trade reduced inventory levels in the third quarter, a large quantity of less popular items remain available.

Meanwhile, US jewelry retailers are growing more conservative about buying inventory, taking more goods on memo and increasingly using technology to boost sales in store and online — thus reducing their physical stock requirements. Jewelers in China and Hong Kong have seen a sharp decline in their sales, impacting their buying in the wholesale market.

Rapaport will be hosting a webinar on November 6 to assess these trends and their implications for the trade. Senior Analyst Avi Krawitz will examine exclusive supply-and-demand data from RapNet, along with a collation of data from other sources, to assess the state of the market in the final months of 2019, and identify the key factors affecting diamond pricing.

The webinar is open to the public, with pre-registration required here.

Time: Nov 6, 2019, 11 a.m. EST
Tags: Avi Krawitz, diamonds, jewellery, Jewelry, Rapaport News, webinar
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Jan 27, 2022
Positive market mood tempered by geopolitical tensions, stock-market volatility and continued Omicron spread. Dealers cautious
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.