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US Wholesale: Inflation Threatens the Bottom Line
Increases in raw materials and salaries are an accepted fact of doing business. But as inflation hits the highest
News Aug 14, 2022 Joyce Kauf
Brilliant Earth Reflections collection July 2022
Brilliant Earth Enjoys Sales Bounce
Revenue rose strongly at Brilliant Earth in the second quarter as the US retailer expanded its online-offline model and
News Aug 14, 2022 Joshua Freedman
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Rapaport Weekly Market Comment
News: Diamond market cautious amid China slowdown and US economic uncertainty. Polished prices declining. Inventory remains
News Aug 11, 2022 Rapaport News
Israel diamond exchange district Ramat Gan
Israel Trade Drops as Global Market Slows
Israel’s diamond exports saw a rare decline in July amid a slowdown in the global market.Polished shipments out of the
News Aug 11, 2022 Joshua Freedman
Lucara Karowe processing plant 140
Lucara Profit Surges as Polished Proceeds Pay Off
Lucara Diamond Corp.’s profit more than doubled year on year in the second quarter amid strong demand
News Aug 11, 2022 Leah Meirovich
Gahcho Kue
Mountain Province Gains from Higher Prices
Mountain Province’s net profit rose 1% year on year to CAD 22.6 million ($17.6 million) in the second quarter
News Aug 11, 2022 Joshua Freedman
Lab-grown diamond
India’s Largest Bank Launches Lab-Grown Lending
The State Bank of India (SBI) has begun financing synthetics producers and is thought to be the country’s first
News Aug 11, 2022 Joshua Freedman
Rapaport Diamond Podcast
Podcast: The GIA Goes Digital
Pritesh Patel, chief operating officer at the Gemological Institute of America (GIA), explains the organization’s digital strategy
News Aug 10, 2022 Avi Krawitz
Adobe online shopping credit Shutterstock 140
US Online Revenues Jump in July
US e-commerce spending rose in July as Amazon Prime Day drove record online sales, according to Adobe Analytics.Shoppers shelled
News Aug 10, 2022 Leah Meirovich
Blue Nile Webroom Washington Square Oregon
Signet Buys Blue Nile for $360M
Signet Jewelers has signed a deal to acquire online retailer Blue Nile for $360 million in cash.The purchase
News Aug 09, 2022 Joshua Freedman
Sarine DiaExpert
Sarine Sales Slip in Slower Diamond Market
Sarine Technologies’ revenue and earnings fell in the first half of 2022 as market pressures around the world
News Aug 09, 2022 Joshua Freedman
Plasmability HRA teams
Growth Factor: Interview with Plasmability
Long-term supply deals for lab-grown diamonds are coming in thick and fast. Trade buyers want to lock
News Aug 09, 2022 Joshua Freedman
Bill Heher
Gem Legend Bill Heher Dies
William (Bill) Heher, president of Rare Earth Mining Company and an important figure in the US gem trade, died
News Aug 08, 2022 Joshua Freedman
Titan 140
Festive Season Propels Strong Sales at Titan
Indian jeweler Titan Company’s sales and profit soared in the first fiscal quarter, buoyed by strong holiday
News Aug 08, 2022 Leah Meirovich
GIA advertorial Aug 2022
GIA Advertorial: Unfold the Future
GIA is taking all reports digital by 2025. Retailers throughout the industry have offered positive feedback on this
News Aug 08, 2022 The Gemological Institute of America (GIA)
Mag cover story brands Aug 2022
How to Start, Grow and Maintain a Jewelry Brand
What does it take to launch a label and keep it going strong? Designers and industry business consultants weigh
News Aug 07, 2022 Milena Lazazzera
Berkshire Hathaway Borsheims 140
Retail Sales Slip at Berkshire Hathaway
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway fell 2.3% year on year in the second
News Aug 07, 2022 Leah Meirovich
Mastercard woman buying jewelry credit Shutterstoc
US Jewelry Sales Surge Amid Strong Demand
US jewelry sales rose in July, driven by strong demand and consumers’ desire to spend on products that made them
News Aug 07, 2022 Leah Meirovich
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Rapaport Weekly Market Comment
News: Diamond market quiet. Deep concerns about trading slowdown and prospects for 2H. US retail steady;
News Aug 04, 2022 Rapaport News
RJC Satta Matturi 140
Jeweler Satta Matturi Joins RJC Board
The Responsible Jewellery Council (RJC) has appointed industry veteran Satta Matturi to its board of directors.Matturi, who
News Aug 04, 2022 Leah Meirovich
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