News

Advanced Search

Search Results

Headers Only
   
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 Apr 01, 2020 Rapaport News
Gem Diamonds
Gem Diamonds Flexible Tender Fetches $12M
Gem Diamonds garnered $12.1 million from the sale of rough diamonds through its new flexible tender
News Apr 01, 2020 Rapaport News
Couture
More Las Vegas Jewelry Shows Canceled
Emerald Expositions has canceled its Couture and Antique Jewelry & Watch shows amid restrictions due
News Apr 01, 2020 Rapaport News
Diamcor
Diamcor Pauses Operations, Cancels Tenders
Diamcor Mining has shut its South African mine amid the government-imposed 21-day lockdown to stem the
News Mar 31, 2020 Rapaport News
Hong Kong retail coronavirus
Hong Kong Retail Sales Plummet 79% in February
Sales of jewelry and other hard-luxury items in Hong Kong slumped to an all-time low in February due to the coronavirus,
News Mar 31, 2020 Rapaport News
LVMH Updat
LVMH 1Q Revenue Could Fall up to 20%
LVMH expects its revenue for the first quarter to drop as the coronavirus outbreak has led to the
News Mar 30, 2020 Rapaport News
Namdeb employee sorting through rough diamonds.
De Beers Cancels Upcoming Sight
De Beers has called off this week’s sight in Botswana, citing restrictions resulting from measures to contain the
News Mar 30, 2020 Rapaport News
Antwerp port house
Belgian Banks Postpone Loan Repayments
Belgium has introduced emergency financial concessions to help companies survive the current downturn, offering businesses extra
News Mar 30, 2020 Rapaport News
Petra Cullinan mine plant
Rough Prices Slide 24% at Petra Tender
Rough prices slumped at Petra Diamonds’ March tenders in South Africa and Antwerp as the severe slowdown in the
News Mar 29, 2020 Rapaport News
GJEPC
GJEPC Donates $6.7M in Coronavirus Aid
The Gem & Jewellery Export Promotion Council (GJEPC) will contribute a sum from its own reserves
News Mar 29, 2020 Rapaport News
Venetia mine
De Beers Cuts Venetia Workforce During Lockdown
De Beers will reduce its worker head count at its sole diamond mine in South Africa by around 75%
News Mar 29, 2020 Rapaport News
Chow Sang Sang
COVID-19 Has ‘Alarming’ Impact on Chow Sang Sang
COVID-19 heavily affected sales at Hong Kong-based jeweler Chow Sang Sang in the first two months of 2020,
News Mar 29, 2020 Rapaport News
GIA report
GIA Reduces Services Across the World
The Gemological Institute of America (GIA) has closed most of its laboratories and educational centers due to the
News Mar 26, 2020 Rapaport News
Alrosa
Alrosa Launches Digital Tender for Large Rough
Alrosa has introduced a digital auction for its large rough diamonds in an effort to minimize disruption to its sales
News Mar 26, 2020 Rapaport News
Rough diamond
De Beers Enables 100% Deferrals at March Sight
De Beers is allowing sightholders unlimited deferrals at its upcoming rough-diamond sale as manufacturing closures have obliterated demand, market
News Mar 26, 2020 Joshua Freedman
Petra Finsch mine
South Africa, Lesotho Mines Set for Shutdown
Petra Diamonds, Gem Diamonds, Firestone Diamonds and Lucapa Diamond Company are suspending operations at their mines
News Mar 25, 2020 Rapaport News
IIJS Signature 2020
India Eases Trade’s Financial Burden
India’s government has approved concessions to ease the financial situation for diamond and jewelry businesses after
News Mar 25, 2020 Rapaport News
Mountain Province
Mountain Province Loss Widens Amid Weak Pricing
Mountain Province’s losses intensified in 2019 as weaker anticipated diamond prices led to the devaluation of its Gahcho Kué
News Mar 24, 2020 Rapaport News
Stuller
More Jewelers Close Up Shop Due to COVID-19
A number of jewelers and manufacturers are shutting temporarily following government orders amid the coronavirus outbreak.Stuller has
News Mar 24, 2020 Rapaport News
Michael Hill
Michael Hill to Close Remainder of Global Stores
Michael Hill will shut its stores in Australia and New Zealand for an indefinite period in response to the
News Mar 24, 2020 Rapaport News
Previous 1 Next
Show articles per page
Weekly Market Comment

Coronavirus brings unprecedented disruption to diamond industry as US retail, India manufacturing

Rapaport Reports

No articles found
MOST VIEWED
© Copyright 1978-2020 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.