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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
News Nov 23, 2020 Lara Ewen
Synova 150
Synova’s Automated Cutter to Tackle Fancy Shapes
Swiss technology provider Synova has expanded its automated diamond-cutting system to include fancy shapes, it said Monday.
News 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,
News 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.
News 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
News 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
News 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
News 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
News 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
News 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
News 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
News 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
News 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
News 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
News 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,
News 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
News Nov 18, 2020 Rapaport News
Dominion Diavik 150
Court Allows Rio Tinto to Sell Dominion’s Diamonds
A Canadian court has granted Rio Tinto permission to sell diamonds belonging to Dominion Diamond Mines to recoup more
News Nov 17, 2020 Rapaport News
Petra Diamonds Finsch mine conveyor belt
Petra in the Red as Mines Lose Value
Petra Diamonds saw heavy losses in the latest fiscal year as sales slid and weakening rough prices
News Nov 17, 2020 Rapaport News
Christies 43 carat Sapphire
Large Sapphires to Lead Christie’s New York
A collection of large sapphires will take center stage at the Magnificent Jewels auction at Christie’s in New York next
News Nov 17, 2020 Rapaport News
De Beers rough at De Beers Jewellers
De Beers Reshuffles Branding, Corporate Units
De Beers has combined two of its London-based divisions into a new unit focused on consumer brands and social
News Nov 17, 2020 Rapaport News
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