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Rapaport Weekly Market Comment
News: Optimism for US market as Las Vegas shows demonstrate robust demand despite inflation concerns. China slowdown
News Jun 23, 2022 Rapaport News
Bonhams Kashmir sapphire June 2022
Kashmir Sapphire Is Top Seller at Bonhams
A Kashmir sapphire led Wednesday’s Bonhams Hong Kong Jewels and Jadeite auction, selling for more than
News Jun 23, 2022 Rapaport News
Patek Philippe Aquanaut 5167A at store in Bangkok
US and Europe Drive Increase in Watch Exports
Swiss watch exports grew strongly in May as demand strengthened in the US and Europe while orders of high-end timepieces
News Jun 22, 2022 Rapaport News
Jewelry store
Luxury Sector Sees First-Quarter Growth
The global luxury industry grew by almost a fifth at the start of the year as European spending recovered at a faster
News Jun 22, 2022 Rapaport News
Jubilee mine Alrosa
Alrosa to Maintain Production Plan: Report
Alrosa plans to stick with its production guidance of 34 million to 35 million carats this year despite Western sanctions
News Jun 22, 2022 Rapaport News
Employee holding three rough diamonds in palm of h
De Beers Sales Accelerate Following Price Rise
De Beers’ sales soared to $650 million in June as demand held up and the lack of Russian supply led to shortages.The
News Jun 22, 2022 Rapaport News
TSL 140
Hong Kong Jeweler TSL’s Profit Back on Track
Profit at Hong Kong jeweler Tse Sui Luen (TSL) moved back into the black during the
News Jun 21, 2022 Rapaport News
Gemfields rubies 140
Ruby Auction Yields Record Results for Gemfields
Gemfields recorded its highest auction revenue for rubies from its Montepuez mine in Mozambique since it started
News Jun 21, 2022 Rapaport News
Pandora Portugal store 140
Pandora to Acquire Franchisee Business in Portugal
Pandora will assume ownership of 34 stores from its distributor in Portugal as part of its plan to expand its network
News Jun 21, 2022 Rapaport News
Steve Coe Lightbox 140
Steve Coe to Exit Role as Lightbox CEO
Steve Coe, CEO of De Beers lab-grown diamond jewelry brand Lightbox, will step down after running the
News Jun 20, 2022 Rapaport News
WDC 140
Asscher to Serve Extra Year as WDC Head
The World Diamond Council (WDC) has extended the term of its current officers for an additional year
News Jun 20, 2022 Rapaport News
India diamond manufacturing
India’s Diamond Trade Bounces Back in May
India’s rough imports rose 14% to $1.43 billion in May as the country sought to offset the decline in Russian
News Jun 20, 2022 Rapaport News
Jewelers for Children Facets of Hope Dinner
Nonprofits Win Big in Las Vegas
Jewelers for Children (JFC) raised $1.1 million at its annual Facets of Hope dinner in Las Vegas last
News Jun 19, 2022 Rapaport News
Phillips NY Jewels yellow diamond ring 140
Phillips Garners $5.2M in New York
Phillips’s New York Jewels auction brought in $5.2 million, with a 43.15-carat, fancy-yellow diamond ring taking the
News Jun 19, 2022 Rapaport News
Swarovski Alexis Nasard 140
Swarovski Names First Non-Family CEO
Swarovski has appointed former McKinsey & Co. executive Alexis Nasard as CEO, the company’s first leader
News Jun 19, 2022 Rapaport News
Sothebys Claire G diamond 140
101ct. Diamond Rakes In $13M at Sotheby’s
A private collector in Asia paid $13 million for a pear-shaped stone at the most recent Sotheby’s New York
News Jun 19, 2022 Rapaport News
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Rapaport Weekly Market Comment
News: Sentiment positive following Las Vegas shows. Fairs had busy visitor traffic; jewelers with good
News Jun 16, 2022 Rapaport News
Doug Hucker 140
Doug Hucker to Lead Intl. Colored Gemstone Association
The International Colored Gemstone Association (ICA) has appointed industry veteran Doug Hucker as CEO, to succeed Gary
News Jun 16, 2022 Rapaport News
NRF 140
Inflation Hinders May Retail Sales
US retail sales slowed slightly in May amid rising inflation and higher prices for essential goods.Revenue slipped
News Jun 16, 2022 Rapaport News
Helzberg Diamonds Beryl Raff 140
Helzberg Diamonds CEO Set to Retire
Beryl Raff will leave her role as chairman and CEO of Helzberg Diamonds after 13 years with the
News Jun 15, 2022 Rapaport News
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News: Optimism for US market as Las Vegas shows demonstrate robust

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