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Podcast: What’s in Store for the Holidays
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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...
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Retail
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Dec 12, 2019
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Rapaport News
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ABN Amro Tightens Diamond Lending Terms
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ABN Amro will implement changes to its guidelines for lending to the diamond industry in 2020, reasoning that the trade has become more efficient and now requires less credit.The midstream’s reliance on working capital...
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Rough Markets
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Dec 12, 2019
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Avi Krawitz
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Can Nanotechnology Save the Diamond Trade?
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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...
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Technology
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Dec 09, 2019
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Avi Krawitz
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GIA to Shut Down Dubai Branch
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The Gemological Institute of America (GIA) will close its Dubai office by the end of the year, ending a decade-long presence in the city. The organization has offered education programs, including its Graduate Diamonds course...
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Polished Markets
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Dec 04, 2019
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Rapaport News
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Diamond Market More Optimistic
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RAPAPORT PRESS RELEASE, December 3, 2019, Las Vegas … Sentiment in the diamond industry improved amid rising expectations for the holiday season. A rallying stock market fueled optimism as the Dow average climbed 3% in November, and...
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Polished Markets
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Dec 03, 2019
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Rapaport
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Rapaport Sees Opportunity for Dealers Amid Turmoil
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In 2100,the diamond industry will look vastly different from its current makeup, MartinRapaport assured diamantaires at the recent Antwerp Rough Diamond Days event. Mostnotably, it will be less influenced by the mining companies as demand dynamicsincreasingly...
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Polished Markets
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Nov 26, 2019
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Avi Krawitz
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The Curious Case of Fluorescence
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The diamond industry has a complicated relationship with fluorescence.Historically, both the trade and consumers saw value in a diamond that fluoresced under ultraviolet light. The perception was that it added to the color of the diamond...
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Polished Markets
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Nov 26, 2019
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Avi Krawitz
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Synthetics vs. Natural: The Battle over Value
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In a jam-packed program, the Dubai Diamond Conference set the stage well for its main bout: finally, a match-up between the lab-grown and mined diamond producers. At its core, the debate among panelists in the...
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Polished Markets
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Nov 13, 2019
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Avi Krawitz
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Podcast: Why Bridal’s Not Enough
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The Rapaport Diamond Podcast interviewed Stephen Lussier, De Beers’ vice president, consumer and brands, after the company published its annual Diamond Insight Report.Lussier outlines the key takeaways from the report, titled...
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Marketing
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Nov 07, 2019
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Rapaport News
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Diamond Market Improves as Holidays Approach
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RAPAPORT PRESS RELEASE, November5, 2019, Las Vegas … Diamond trading improved in late October after variousJewish, Indian and Chinese holidays. Dealers are focused on filling holidayorders as US jewelers prepare inventory for the season. Shortages...
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Polished Markets
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Nov 05, 2019
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Rapaport
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De Beers Lowers Global Diamond-Jewelry Estimate
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De Beers has restated its estimation of global diamond-jewelry sales following a new study valuing the diamond content in jewelry purchases since the 2008 recession. The group also revised its production data to reflect lower...
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Retail
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Nov 04, 2019
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Avi Krawitz
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Rapaport Webinar to Outline 4Q Prospects
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The diamond industry has much riding on this holiday season, having endured tough market conditions in 2019. While the trade reduced inventory levels in the third quarter, a large quantity of less popular items remain...
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Polished Markets
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Nov 04, 2019
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Rapaport News
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Diamond Manufacturers Must Brace for Automation
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Imagine the following: A diamond-mining company operating with self-driving trucks loads its haul of ore to the processing plant, where rough diamonds are separated from waste and arranged in their rough forms into different...
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Manufacturing
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Oct 31, 2019
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Avi Krawitz
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WFDB Prepares Master Plan to Boost Relevance
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There was a time, though not very recent, when a gathering of the World Federation of Diamond Bourses (WFDB) was graced by royalty and high-ranking politicians, recalled industry consultant Peter Meeus at the organization’s annual Presidents’...
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Polished Markets
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Oct 07, 2019
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Avi Krawitz
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Diamond Trade Cautious Ahead of Holiday Season
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RAPAPORT PRESS RELEASE, October 7, 2019, Las Vegas…Diamond market sentiment was weak in September after the Hong Kong show demonstrated a slowdown in Chinese demand.Buyers from mainland China are cautious. The US-China trade war,...
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Polished Markets
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Oct 07, 2019
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Rapaport
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CAR Announces Diamond-Buying Reforms
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The Central African Republic (CAR) on Thursday unveiled a program to overhaul its diamond sector, with the goal of increasing its export revenue. Diamond buyers operating in the country must pledge to improve transparency and meet...
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Rough Markets
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Oct 03, 2019
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Rapaport News
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WDC Warns Against Smuggled CAR Diamonds
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The World Diamond Council (WDC) has cautioned the trade to be vigilant when buying diamonds from the Central African Republic (CAR) since most of the country’s rough is being smuggled across its borders.The Kimberley...
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Rough Markets
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Oct 02, 2019
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Avi Krawitz
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313ct. Diamond Emerges as World’s Largest D-Color
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Nemesis International on Thursday unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history. The emerald-shape, VVS-clarity diamond, known as Constellation 1, is one of eight stones that make up a collection manufactured from...
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Polished Markets
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Sep 26, 2019
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Avi Krawitz
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Hong Kong Fair Prioritizes Buyer Incentives
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The organizers of the September Hong Kong Jewellery & Gem Fair rejected the trade’s request for a discount, executives confirmed Wednesday.The Hong Kong Jewelry Manufacturers’ Association (HKJMA) had asked Informa Markets for...
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Polished Markets
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Sep 18, 2019
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Joshua Freedman
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Sentiment Cautious as Hong Kong Show Starts
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Expectations were low among diamantaires as the September Hong Kong Jewellery & Gem Fair opened Monday, with local unrest dampening prospects for attendance.Many companies have skipped the show for safety reasons,...
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Mining
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Sep 16, 2019
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Joshua Freedman
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