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Rapaport Weekly Market Comment
Polished trading stable with selective demand. Dealers focused on filling US orders as jewelers begin post-holiday inventory replacement.
News Jan 16, 2020 Rapaport News
Taj Mahal India
India: Polished Trading Quiet
Polished trading quiet due to holidays in China and India. Demand from local dealers for dossiers under
Statistics Jan 16, 2020 Rapaport News
Zales
Signet Raises Forecast Following Strong Holiday
Sales at Signet Jewelers increased during the holiday season, prompting the retailer to raise its full-year outlook.Same-store
News Jan 16, 2020 Rapaport News
Michael Hill store 150
Holiday Sales Buoy Michael Hill Revenue
Michael Hill’s sales rose 6% in the first half of its fiscal year amid strong growth in holiday purchasing
News Jan 16, 2020 Rapaport News
Antwerp
Belgium Shipments Hit 10-Year Low
Belgium’s diamond trade declined in 2019 as excess supply led to slower demand for rough and polished, the
News Jan 16, 2020 Rapaport News
Sewelo diamond
Louis Vuitton Buys 1,758ct. Diamond from Lucara
Lucara Diamond Corp. has sold Botswana’s largest diamond to Louis Vuitton in a rare move that will see
News Jan 16, 2020 Rapaport News
GIA Times Square
GIA Advertises Origin Reports in Times Square
The Gemological Institute of America (GIA) has unveiled a video-billboard advertising campaign that encourages consumers to learn about
News Jan 15, 2020 Rapaport News
Alrosa
Alrosa Names New Director of Severalmaz
Alrosa has appointed Ravil Sanatulov to succeed Andrey Pismenny as general director of its Severalmaz mining division.Sanatulov began
News Jan 15, 2020 Rapaport News
Rough diamond
UK Secures Deal to Keep Rough Trade Alive
The UK has secured independent membership of the Kimberley Process (KP), enabling it to continue participating in the international rough-diamond
News Jan 15, 2020 Joshua Freedman
Graff
Graff Hires US Chief to Help Expand Business
Graff has appointed Marc Hruschka CEO of its US operations as part of its efforts to reach new customers and
News Jan 15, 2020 Rapaport News
Polished diamonds
India’s Polished Exports Slump in 2019
India’s polished-diamond exports dropped 16% to $20.62 billion in 2019, recording their steepest annual decline since 2012.
News Jan 15, 2020 Rapaport News
Adobe
US Online Holiday Sales Reach Record $143B
E-commerce spending in the US grew to a record high during the holiday season, driven by a rise in smartphone purchases, according
News Jan 14, 2020 Rapaport News
Tiffany
Tiffany Opens Its ‘Flagship Next Door’
Tiffany & Co. has unveiled the location that will serve as its home during the two-year
News Jan 14, 2020 Rapaport News
HK protest
Chow Tai Fook to Shut Stores in Hong Kong
Chow Tai Fook intends to close up to 15 stores in Hong Kong as street protests and a tourism slowdown have hit
News Jan 14, 2020 Rapaport News
Rapaport Diamond Podcast
Podcast Episode 21: Googling Billy Porter
The Rapaport Diamond Podcast ushers in the new year with a review of the holiday season and some
News Jan 14, 2020 Rapaport News
Alrosa
Alrosa Revenue Rises Amid Market Rebound
Alrosa’s sales increased 11% year on year to $363.8 million in December as demand in the manufacturing sector continued to rebound,
News Jan 13, 2020 Rapaport News
Phillips Paul Redmayne
Fourth Bonhams Jewelry Expert Joins Phillips
Phillips has appointed Paul Redmayne head of private jewelry sales as part of its efforts to expand its jewelry
News Jan 13, 2020 Rapaport News
Chow Tai Fook
Chow Tai Fook China Sales Jump
Sales at Chow Tai Fook’s mainland China stores grew in the third quarter amid a significant expansion of the
News Jan 13, 2020 Rapaport News
Store in NY diamond district
US Trade Slowdown Continues
US diamond shipments fell in November, according to government data. Polished imports declined 19% as lower volumes outweighed an increase
News Jan 13, 2020 Rapaport News
WD Lab Grown Diamonds
WD Sues Diamond Growers over CVD Patents
The companies behind WD Lab Grown Diamonds have filed three lawsuits against competitors, accusing them of infringing
News Jan 12, 2020 Rapaport News
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