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Bain
Luxury Market to Contract Up to 35% in 2020 – Bain
Sales of luxury goods will fall by 20% to 35% this year as the coronavirus-related slowdown is set to continue, Bain & Company predicted.Purchases of luxury items already dropped by approximately 25% in the first quarter, and the slump...
Retail May 12, 2020 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
Rough and polished diamonds
Pressure on Diamond Midstream Likely to Increase
Diamond manufacturers will consolidate in the coming years to avoid being further squeezed by miners and retailers, Bain & Company predicted in its annual report on the industry.The forecast stems from the midstream becoming anincreasingly...
Polished Markets Dec 12, 2019 Joshua Freedman
Jwaneng
De Beers Lowers 2020 Production Forecast
De Beers has reduced its production outlook for next year and beyond amid uncertainty about the health of the diamondmarket.The miner now expects to recover between 32 million and 34million carats in 2020, compared to its...
Mining Dec 11, 2019 Rapaport News
Bain luxury report
Secondhand Could Spur Jewelry Sales – Bain
Sales of secondhand luxury goods increased in 2019, presenting an opportunity for growth in the jewelry market, according to Bain &Company. Purchases of secondhand goods rose to EUR 26 billion ($28.67 billion) for the year, with previously ownedwatches...
Retail Dec 02, 2019 Rapaport News
Bain luxury jewelry report
Jewelry Set for Strong Growth in 2019 – Bain
Jewelry is one of three categories in the luxury sectorexpected to see solid growth in 2019, as domestic consumption in China and theUS increases, according to Bain & Company. Leather goods and handbags will also see sustained growththroughout...
Retail Jun 19, 2019 Rapaport News
Bain lab grown
Lab-Grown Production Rising 15% Per Year
Production of lab-grown polished diamonds could grow to 17 million carats annually, taking a significant chunk of the market for small stones, according to Bain & Company. The synthetics industry currently has the capacity to produce about...
Polished Markets Dec 06, 2018 Rapaport News
Cutting Wheel
Diamond Midstream Improving Efficiency, Says Bain
Tough market conditions are forcing diamond traders andmanufacturers to adjust their business models amid sluggish consumer demand, accordingto a report by management consultancy Bain & Company. While miners’ sales of rough diamonds to the midstreamleapt...
Manufacturing Dec 13, 2017 Rapaport News
Harvey Kanter
Blue Nile to be Sold for $500M
Blue Nile agreed to be acquired by a private-equity investor group as the online diamond retailer’s profit slumped in the third fiscal quarter.Bain Capital PrivateEquity and Bow Street will buy all outstanding shares of BlueNile common stock...
Retail Nov 07, 2016 Rapaport News
Diamond Under Microscrope
Diamond Cutters Approaching Era of Disruption
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. “A manufacturer always operates with a benchmark margin, which is the...
Manufacturing Dec 14, 2014 Ronen Shnidman
AWDC
AWDC and Bain & Co. Release Fourth Annual Diamond Industry Report
Press Release: In its fourth annual report on the global diamond industry, Bain & Company forecasts a solid outlook for diamond demand, but cautions that access to diamond financing, particularly for the middle market,...
Research Dec 09, 2014 AWDC
AWDC
Bain Weighs Future Diamond Demand Through 2020
Press Release: Diamond demand, by carat volume, will grow more than 6 percent per year through 2020, far outpacing the 2.8 percent annual supply growth, according to a report commissioned by the Antwerp World Diamond...
Manufacturing Dec 08, 2011 AWDC
christmas jewelry spending
Click to play
Diamond News Broadcast
Global luxury goods sales have continued 2010’s double-digit growth trajectory and will see an increase of 10 percent, to €191 billion in 2011, according to Bain & Company in the 10th Edition of its industry bellwether “Luxury Goods...
Research Oct 26, 2011 Rapaport News
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