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Rapaport TradeWire December 26, 2019

Dec 26, 2019 10:38 AM   By Rapaport
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26 Nov 19 Igi Tw Banner Jewelry
Rapaport TradeWire
December 26, 2019

Good momentum as Mastercard reports holiday jewelry sales +1.8%, driven by +8.8% growth in e-commerce. General retail +3.4%. Mall traffic down but more people buying. Stores focused on creating unique customer experience. Tiffany & Co. holiday revenue up 1% to 3%, with strength in China and improvement in Europe and America. Polished trading slow as dealers close for Christmas-New Year. Diamantaires preparing for post-season demand, but manufacturers cautious about raising factory production. Lower rough supply, tech-driven efficiency and ethical sourcing to shape diamond industry in next decade. Rapaport wishes everyone a happy, healthy, ‎prosperous and peaceful New Year.

5 Nov 2019 Gemolithos Tw Banner
Weekly Monthly Y2Y
0.30 ct -0.26% 0.85% -8.74%
0.50 ct -0.32% 0.65% -6.21%
1.00 ct -0.16% -0.44% -5.66%
3.00 ct 0.02% -0.18% -16.56%
RAPI Yearly Graph
Trade Wire 600X160 April 2018
Market Reports
United States: Retail sentiment positive amid steady holiday shopping...
Belgium: Very little trading with bourses closed until Jan. 6...
Israel: Focus now on meeting Far East demand for Jan. 25 Chinese New Year and developing strategy for 2020...
India: Local jewelers focused on gold products during wedding season...
Hong Kong: Some seasonal improvement in retail, but sales still significantly below previous years as protests continue...
13 Nov 2019 Gia Id 100 Machine Tw Banner
The Next Diamond Decade
WITH Avi Krawitz

As the 2010s come to a close, we make some predictions about how the diamond market will evolve in the next 10 years, and challenge the industry to reach $100 billion of annual sales. 

How to Sell to Female Self-Purchasers
WITH Leah Meirovich

Women who buy their own jewelry are a rapidly growing market, but retailers need to retool their approach if they want to attract these customers.

Jewelers Prepare to Close a Strong Holiday Season
Most Extravagant Diamond Sales in Hong Kong in 2019
Is Baselworld Losing Its Luster?
12 Diamonds from Golconda That India Lost Forever
Trade Wire 25 Dec 19 Jewelry Catalog
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Online Spending Buoys Holiday Jewelry Sales
E-commerce purchases for sector up 9% for the season.
News Thumbnail
Tiffany Holiday Sales Rise as US Recovers
CEO notes “momentum shift” in Americas region.
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Pandora Appoints New Chairman
Peter Ruzicka’s nomination is part of jeweler’s brand relaunch.
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HRD Names New CEO Amid Sale Process
Ellen Joncheere to succeed interim chief Michel Janssens.
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Graff Buys 21ct. Polished Yellow from Alrosa
Miner recovered 34.17-carat rough in 2017 at its Ebelyakh deposit.
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JA Campaign Successful with Consumers
Group will expand “Another Piece of Your Story” marketing drive.
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Mountain Province Production to Rise
Miner expects output of 6.75 million to 6.95 million carats at Gahcho Kué next year.
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Australia Sells Ellendale Mining Rights
Gibb River plans to restart production at site famous for its high-value yellow diamonds.
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Firestone Forecasts Weak Rough Pricing
Miner is engaging with lenders to ensure it can sustain operations through the current downturn.
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New Pipe Proves Fruitful for Mountain Province
Company believes Wilson deposit could extend life of its mine.
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India’s Diamond Exports Fall in November
Polished shipments decline by value and volume.
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Hong Kong Slump Disrupts Swiss Watches
Unrest in municipality outweighs improvement in US orders.
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Sotheby’s Reflects on 10 Years of Records
59.60-carat CTF Pink Star was highest-priced jewel sold, garnering $71.2 million in 2017.
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US Polished Imports Decline
October shipments suffer steepest drop since 2009.
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Israel Diamond Week Goes International
Exchange decides to expand entry due to high demand from foreign traders.
Tradewire Banner January 2020 Melee Ss
Diamond Industry Stock Report

Global retail stocks rose as the US and China approached a trade agreement. J.C. Penney (+3.8%), Chow Sang Sang (+6%), Luk Fook (+6%), Pandora (+6%) and LVMH (+3.6%) all increased. The mining sector also had a positive week, with Lucara (+9%) climbing following promising sales, and Lucapa (+10%) also gaining. Firestone (-10%) fell after disappointing annual results.

Rapnet Trade Wire
Joseph Gad 12 Dec 19 Tw Square
2019 Nov 3 Comp Edge 300X300Px Final
Tradewire Square January 2020 Melee Ss
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