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Martin Rapaport Addresses Israel Diamond Week
February 12 2020

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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, with new developments unfolding every day. Here, we present a one-stop, running news feed on industry events impacted...
Polished Markets Mar 26, 2020 Rapaport News
Chow Tai Fook Hong Kong store
Coronavirus Pummels Chow Tai Fook’s Sales
Sales at Chow Tai Fook dropped 60% in Hong Kong and Macau and 42%in mainland China in the first two months of the year as stores shut for muchof the period.“In response to the measures of local...
Retail Mar 11, 2020 Rapaport News
Macys Rancho Cucamonga CA
Macy’s Notes Solid Quarter for Jewelry
Jewelry was among the best-performing categories at Macy’s during the fourth fiscal quarter, even as overall sales declined at the department-store chain.Group revenue dropped 1.4% year on year to $8.34 billion in the three months ending...
Retail Mar 03, 2020 Rapaport News
Michael Hill store
Online Growth Boosts Michael Hill Sales
Revenue at Michael Hill grew 4.4% year on year to AUD 329.5 million ($216.7 million) in the Australian jeweler’s first fiscal half, as investments in digital platforms paid off.Same-store sales — at retail locations open for at least a year...
Retail Feb 27, 2020 Rapaport News
Podcast
Podcast: How Big a Threat Is the Coronavirus?
With the coronavirus dominating headlines since late January, the Rapaport Diamond Podcast looks at its potential impact on the diamond and jewelry market. In addition, Rapaport Senior Analyst Avi Krawitz sums up the mood...
Polished Markets Feb 20, 2020 Rapaport News
Gold Demand
Gold Demand Lifts Mood at India Jewelry Show
Exhibitors at IIJS Signature in Mumbai expressed confidence India’s wedding tradition and enduring love of gold would help the nation’s jewelry industry overcome its current difficulties.Economic uncertainty, high gold prices, tight regulation and...
Polished Markets Feb 17, 2020 Joshua Freedman
Panel
Panel Highlights Traceability Opportunity
The trend of adopting diamond traceability measures is gaining traction, according to participants in a panel discussion at Israel’s International Diamond Week.The panel, moderated by Rapaport Senior Analyst Avi Krawitz, explored how various businesses across the supply...
Polished Markets Feb 13, 2020 Rapaport News
Canadian Rough
Diamond Market Cautious Amid China Concerns
RAPAPORT PRESS RELEASE, February 4, 2020, Las Vegas… Diamond market sentiment was positive for most of January but weakened as the outbreak of the coronavirus in China resulted in a shutdown of retail stores over the important Chinese...
Polished Markets Feb 04, 2020 Rapaport
jewelry tariffs
US Trade Continues to Downsize
The US jewelry industry contracted in 2019 as the number of businesses closing shop continued to exceed new entrants.The sector shrank 3.3% to 24,565 companies active in the fourth quarter, compared with 25,400 a year earlier, according to data...
Retail Jan 20, 2020 Rapaport News
Enzo
Chow Tai Fook Buys Chinese Retailer Enzo
Chow Tai Fook has acquired Enzo Jewelry, a colored-gemstone brand with around 60 retail locations in mainland China.Enzo, founded in 2004, targets “modern, sophisticated and self-confident women who demand fashionable jewelry with a highly distinctive...
Retail Jan 19, 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 sales.Leases on more than 40 of the jeweler’s 91 retail locations in the municipality are due to expire during the fiscal...
Retail 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 bold predictions for 2020. Is this the year of retail refurbishment? Will rough buying become more demand-driven?...
Polished Markets Jan 14, 2020 Rapaport News
Alexander Laut earrings set with untreated aquamar
Jewelry Connoisseur: Your Source for Essential Jewelry Updates
RAPAPORT PRESS RELEASE, January 9, 2020, Las Vegas… Jewelry Connoisseur by Rapaport is launching a weekly newsletter to help you keep up to date with all the latest news and trends in the diamond and jewelry sector. Whether...
Retail Jan 09, 2020 Sonia Esther Soltani
Signet Kay
Signet Takes Hit Following Wells Fargo Report
Signet Jewelers is losing market share to competitors and faces risks from its credit operations, according to an analyst’s report that sent the retailer’s stock tumbling.Ike Boruchow, senior analyst at Wells Fargo, raised concerns that...
Retail Jan 08, 2020 Rapaport News
A diamond ring (Shutterstock)
Diamond Prices Stable After Year of Declines
RAPAPORT PRESS RELEASE (Revised), January 7, 2020, Las Vegas… Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized and improved for sizes under 1 carat, supported...
Polished Markets Jan 07, 2020 Rapaport
Titan
Titan Revenue Grows During Diwali Season
Jewelry sales at Titan Company strengthened during the third fiscal quarter amid solid bridal demand, the Indian retailer said Saturday.Revenue grew 11% year on year for the three months ending December 31,...
Retail Jan 05, 2020 Rapaport News
The Next Diamond Decade
The Next Diamond Decade
It wasn’t that long ago that De Beers declared the 2010s “The Diamond Decade.” Growth in China and India was projected to drive demand, while the US would take small steps out of recession. This is what...
Polished Markets Dec 25, 2019 Avi Krawitz
Martin Siegel
Hamilton Jewelers Mourns Martin Siegel
Martin Siegel, the chairman of Hamilton Jewelers who wasinstrumental in growing the US retailer’s brand, died on December 17, thecompany announced. He was 86. Born in New Jersey, Siegel joined his father’sfine-jewelry business on leaving the army...
Retail Dec 19, 2019 Rapaport News
Podcast
Podcast: What’s in Store for the Holidays
With the holiday season well under way, the Rapaport Diamond Podcast debates different trends taking shape in the retail space. The discussion spans personalization, omnichannel, effective storytelling, being more open-minded, and...
Retail Dec 12, 2019 Rapaport News
Bruno Scarselli
Can Nanotechnology Save the Diamond Trade?
It’s not easy for a diamantaire to compete in the emerging diamond-traceability market, admits Bruno Scarselli, a New York-based supplier of fancy-color diamonds. As the likes of De Beers, the Gemological Institute of America (GIA) and others roll out...
Technology Dec 09, 2019 Avi Krawitz
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