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Ellio Krischer
Elliot Krischer to Head NY Diamond Dealers Club
The Diamond Dealers Club of New York has elected Elliot Krischer as its new president, replacing Reuven Kaufman, who served in the position since 2011. Krischer (pictured), who is the CEO of Esskay Gems, was...
Polished Markets Nov 26, 2020 Rapaport News
Jewelry production
Jewelers ‘Failing to Prevent Rights Abuses’
Human Rights Watch (HRW) has called for mandatory sourcing rules for the jewelry industry and urged retailers to name their suppliers, claiming the sector is not doing enough to combat abuses.“Many jewelry companies...
Retail Nov 25, 2020 Rapaport News
Julie Lamb trunk show
How to Hold a Virtual Trunk Show
Two weeks after New York’s Museum of Art and Design (MAD) closed due to the coronavirus pandemic, Franci Sagar hosted the Store at the MAD’s first virtual trunk show. It was far from her...
Retail Nov 10, 2020 Jennifer Heebner
FIT student at bench
Plumb Club Partners with Fashion Institute
The Plumb Club, an alliance of jewelry suppliers, has launched a collaboration with New York’s Fashion Institute of Technology (FIT) to help design students enter the industry.The project connects students in FIT’s jewelry-design program with Plumb...
Polished Markets Oct 20, 2020 Rapaport News
tiffany store
Tiffany Sees Delay in Revamp of Flagship
Tiffany & Co. has postponed the unveiling of its new-look flagship store in New York due to the impact of Covid-19 on activity in the city. “Due to the temporary halt of all non-essential construction activity in New York...
Retail Aug 23, 2020 Rapaport News
Shelby Sterrett Fana
Jewelry Brand Fana Names Sales Specialists
Fana, a New York-based bridal and fine-jewelry brand, has appointed three senior staff members to shore up its sales operations and interactions with retail partners.Shelby Sterrett, who joined the company in February, will lead...
Retail Aug 13, 2020 Rapaport News
News analysis Aug 2020
To Speak Out, or Not to Speak Out?
The killing of George Floyd at the hands of police in May and the subsequent protests split US society in a way that few other events have. While companies in all sectors have increasingly engaged in corporate activism in recent...
Retail Aug 11, 2020 Joshua Freedman
GIA grading report
GIA Embraces Automated Clarity Grading
The Gemological Institute of America (GIA) has teamed up with IBM Research to develop an automated system for grading the clarity of a diamond.The artificial intelligence (AI) technology uses data from tens of millions of diamonds GIA laboratories...
Technology Jul 27, 2020 Rapaport News
Angely Martinez
New Jewelry Group Aims for Greater Inclusion
A New York-based designer plans to establish a trade organization to help jewelers from the black, indigenous and people of color (BIPOC) community progress in the industry.“We will begin with a focus on education through outreach to high-school students,”...
Retail Jul 15, 2020 Rapaport News
GIA Scholarships
GIA to Unlock New York Lab
The Gemological Institute of America (GIA) is reopening its New York grading laboratory Monday following a three-month shutdown due to the coronavirus.“As restrictions are lifted and the global gem and jewelry industry begins to recover,...
Polished Markets Jun 25, 2020 Rapaport News
DDC Names New Leaders 150
New York’s Diamond Dealers Club Reopens
New York’s Diamond Dealers Club (DDC) unlocked its doors on Tuesday, with social distancing in place, after the city entered phase one of its reopening plan.“Based on my conversations with members, I felt it was the highest...
Polished Markets Jun 11, 2020 Joshua Freedman
Tiffany Toronto store
LVMH-Tiffany Deal Faces Uncertainty
The LVMH board met on Tuesday to discuss its takeover of Tiffany & Co., fueling rumors that the $16.2 billion deal was less certain than before Covid-19.The panel of directors “focused its attention on the...
Retail Jun 04, 2020 Rapaport News
Tutti Frutti
Sotheby’s to Sell ‘Tutti Frutti’ Cartier Bracelet
A gem-set, diamond and enamel tutti frutti bracelet by Cartier is to go under the hammer in Sotheby’s latest online sale.The piece, which has a high estimate of $800,000, will be sold as a single lot by Sotheby’s New York in a dedicated remote...
Polished Markets Apr 26, 2020 Rapaport News
Emanuel Gordon
Diamond Dealer Manny Gordon Dies at 79
New York diamond dealer Emanuel “Manny” Gordon died on April 7 aged 79, after contracting COVID-19.The industry veteran, who founded the eponymous Manny Gordon Trading in 1984, trained and subsequently worked with his...
Polished Markets Apr 21, 2020 Rapaport News
Closed sign
How Three Jewelers Are Coping During COVID-19
Can my company survive this crisis? How long will the shutdown last? Should I lay my workers off? Should I apply for government support? The coronavirus outbreak has left US jewelers with a string of questions. There...
Retail Apr 07, 2020 Joshua Freedman
GIA dossiers
GIA Calls Off New York Career Fair
The Gemological Institute of America (GIA) has canceled next week’s career event in New York due to the coronavirus.The GIA Jewelry Career Fair was due to take place on March 13. It targets job seekers in the...
Polished Markets Mar 05, 2020 Rapaport News
Store in NY diamond district
US Trade Slowdown Continues
US diamond shipments fell in November, according to government data. Polished imports declined19% as lower volumes outweighed an increase in the average price. US Trade Data for November 2019 Nov 2019 Year-on-year change Polished imports $1,382 -19%...
Polished Markets Jan 13, 2020 Rapaport News
ALROSA Rough2
Alrosa Releases 2020 Supply Schedule
Alrosa has published its schedule of contract sales and auctions for next year.The Russian miner has maintained its format of monthly sales under the Alrosa Alliance, its long-term supply program. It will also...
Mining Dec 31, 2019 Rapaport News
NY
US Polished Imports Decline
The USdiamond trade continued to slow in October. Polished imports fell 38% to $1.45billion for the month, marking the steepest year-on-year drop since 2009 andthe seventh consecutive month of decline, according to Rapaport records. Polished...
Polished Markets Dec 25, 2019 Rapaport News
New York
US Polished Trade Continues to Decline
US polished-diamondimports fell 24% to $1.48 billion in September, according to the latest datafrom the US Commerce Department. The decline reflected lower volumes and a dropin the average price. Polished imports fell 13% to $15.37 billion for...
Polished Markets Dec 01, 2019 Rapaport News
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