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Rapaport Weekly Market Comment
E-commerce driving sales at start of US holiday season. Black Friday online spending +22% to $9B, Cyber Monday +15%
News Dec 03, 2020 Rapaport News
Israel Bahrain Dec 2020
Israel, Bahrain Bourses Sign Agreement
The Israel Diamond Exchange (IDE) and the Bahrain Bourse have agreed to collaborate on trade following a recent
News Dec 03, 2020 Rapaport News
Signet Kay
Signet Sales Jump as Holidays Start Early
Signet Jewelers saw its first quarterly sales increase in two years as innovations helped the company capitalize
News Dec 03, 2020 Joshua Freedman
Zales 150
Zales Debuts Online Market for Emerging Designers
Zales has launched its first online marketplace, which will feature a rotating line of pieces by up-and-coming fine-jewelry
News Dec 03, 2020 Rapaport News
Stuller JCK 2019 booth
Stuller Close to Normal Operations After Cyberattack
Stuller has made progress recovering from a cyberattack that struck over the weekend, with deliveries resuming
News Dec 03, 2020 Rapaport News
Lucapa pink heart 150
Lucapa Unveils 15ct. Polished Pink Diamond
Lucapa Diamond Company has released the polished results of a 46-carat pink rough it sold into a manufacturing partnership
News Dec 03, 2020 Rapaport News
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 Dec 03, 2020 Rapaport News
Hong Kong smuggling Nov 2020
HK Uncovers Largest Smuggling Case in Years
Hong Kong customs officials seized 162 diamonds at a border crossing with China last week, claiming the
News Dec 02, 2020 Rapaport News
NRF Holiday Shutterstock 150
US Holiday Weekend Spending Falls
The average spend over the five-day Thanksgiving weekend dropped 14% as consumers shied away from in-store
News Dec 02, 2020 Rapaport News
World Diamond Museum book
New Book Charts Story of Diamonds
The World Diamond Museum, a virtual exhibition, has published its first book on the history of the precious
News Dec 02, 2020 Rapaport News
Adobe Cyber Monday 150
Cyber Monday Haul Largest in US History – Adobe
US consumers shelled out a record $10.8 billion on e-commerce purchases on Cyber Monday, which broke last year’s record
News Dec 02, 2020 Rapaport News
Hong Kong retail 150
Hong Kong Retail Decline Narrows in October
Sales of jewelry and other luxury items in Hong Kong slid in October, even as an upturn in the health situation
News Dec 01, 2020 Rapaport News
DMCC Israel launch
Dubai Opens Office in Israel Diamond Exchange
The Dubai Multi Commodities Centre (DMCC) has launched a representative outpost in the Israel Diamond Exchange (IDE),
News Dec 01, 2020 Joshua Freedman, Sonia Esther Soltani
Ethics in Action 150
Gem Auction Aims to Raise Awareness of Ethics
Columbia Gem House will hold an auction of pieces by 25 designers to raise awareness of human exploitation across the gem
News Dec 01, 2020 Rapaport News
Phillips Feng J HK 150
Phillips Garners $9M at Hong Kong Auction
A pink-diamond necklace by designer Feng J was the top seller at Phillips’s Hong Kong sale, leading the $9 million
News Nov 30, 2020 Rapaport News
Black Friday traffic 150
Jewelry Sales Fall on Black Friday
US jewelry sales plunged 54% year on year on Black Friday as consumers stayed away from physical stores, according
News Nov 30, 2020 Rapaport News
Looking at polished diamond through loupe at Almod
De Beers Aims for Full Traceability by 2030
De Beers has pledged to provide the origin and impact of all its diamonds by 2030 as part of a plethora of sustainability
News Nov 30, 2020 Rapaport News
Christies HK 150
Emerald Necklace Goes for $7M at Christie’s
A Colombian emerald and diamond necklace designed by Edmond Chin for Boghossian was the top seller at the
News Nov 30, 2020 Rapaport News
Birks store Toronto Canada
Birks Sales Slide After Store Closures
Canada-based jewelry retailer Birks Group saw sales slump in its first fiscal half as the coronavirus forced
News Nov 29, 2020 Rapaport News
Gem Diamonds 179 carat 150
Gem Diamonds Unearths 179ct. Rough
Gem Diamonds has recovered a 179-carat rough diamond from its Letšeng mine in Lesotho.The miner found the
News Nov 29, 2020 Rapaport News
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