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Tiffany Profit Soars as China Recovers
Tiffany & Co. reported a sharp jump in profit in the third fiscal quarter as sales in China surged and
Retail Nov 24, 2020 Rapaport News
Gubelin gemstone ratings
Colored Gemstones Get New Ratings System
Switzerland’s Gübelin Gem Lab has launched a scoring system for colored gemstones based on wine ratings, claiming
Gemstones Nov 24, 2020 Rapaport News
NRF Holiday 150
Sales Will Rise This Holiday, Retail Group Predicts
The National Retail Federation (NRF) has forecast strong growth in US holiday sales, as consumers look for something
Retail Nov 24, 2020 Rapaport News
Interior establishing shot of Forevermark Store in
Forevermark to Make Greater Use of De Beers Name
De Beers will associate its corporate identity more closely with Forevermark, enabling the diamond-jewelry brand to benefit
Retail Nov 24, 2020 Rapaport News
Mag cover story Nov 2020
Making the Most of the Holidays
It’s been a tumultuous year, and the upcoming holiday forecast has not eased concerns. Although sales
Retail Nov 23, 2020 Lara Ewen
Synova 150
Fancy Shapes Get Automation Boost
Swiss technology provider Synova has expanded its automated diamond-cutting system to include fancy shapes. The company,
Manufacturing Nov 23, 2020 Leah Meirovich
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,
Polished Markets Nov 23, 2020 Rapaport News
Polished diamond
US Polished Imports Continue to Slide
The US recorded its 18th consecutive monthly drop in polished-diamond imports as the coronavirus pandemic continued to affect trading.
Polished Markets Nov 22, 2020 Rapaport News
Israel Diamond Exchange trade floor shut June 2020
Israel Polished Exports Slump
Israel’s polished-diamond exports fell 37% year on year to $1.9 billion in the first 10 months of 2020, according to figures
Polished Markets Nov 22, 2020 Rapaport News
Macys jewelry 150
Jewelry Gives Shining Performance at Macy’s
Jewelry was one of the top-selling categories at Macy’s during the third fiscal quarter, even as overall sales
Retail Nov 22, 2020 Rapaport News
Luk Fook HK 150
Luk Fook Warns of Profit Drop
Luk Fook has projected a sharp fall in revenue and profit for the first half of the fiscal
Retail Nov 22, 2020 Rapaport News
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Rapaport Weekly Market Comment
Rising expectations for holiday season despite surge in Covid-19. US retail sales +5.7% in Oct. Digital driving growth
Polished Markets Nov 19, 2020 Rapaport News
Shutterstock
Swiss Watch Exports Maintain Gloomy Streak
Swiss watch exports saw their ninth consecutive monthly decline as US orders slipped and a fresh wave of European
Watches Nov 19, 2020 Rapaport News
Bain Luxury credit Shutterstock 150
Luxury Sales Won’t Recover for Two Years – Bain
Sales of personal luxury goods will fall 23% this year and are unlikely to recover for at least
Retail Nov 19, 2020 Rapaport News
TSL Malaysia store
Hong Kong’s Tse Sui Luen Suffers Heavy Losses
Hong Kong-based jeweler Tse Sui Luen (TSL) fell into the red in its first fiscal half
Retail Nov 19, 2020 Rapaport News
Sothebys De Beers 150
Sotheby’s to Auction De Beers Jewels for Charity
Sotheby’s will sell five natural-diamond pendants created for De Beers’ new ReSet Collective project, with the
Polished Markets Nov 18, 2020 Rapaport News
Helzberg Orlando store
Berkshire Hathaway Sales Rise as Stores Reopen
Retail sales at US conglomerate Berkshire Hathaway rose 4% year on year to $4.21 billion in the third quarter as business resumed
Retail Nov 18, 2020 Rapaport News
Frederick Goldberg Lauren Calmas 150
Frederick Goldman Hires Head for Independents
Frederick Goldman has appointed Lauren Calmas as general manager of the independent-jeweler channel of its business. Calmas will
Retail Nov 18, 2020 Rapaport News
NRF October 150
Early Holiday Shopping Boosts US Retail Sales
October marked the sixth straight month of US retail sales increases as consumers did their holiday shopping early,
Retail Nov 18, 2020 Rapaport News
De Beers rough sorting at Debmarine Namibia
De Beers Sees Third Consecutive Sales Increase
De Beers’ November sales cycle garnered $450 million as retail demand in the US and China supported manufacturers’ appetite
Rough Markets Nov 18, 2020 Rapaport News
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