RapNet


Rapaport News

 

Search Results

   
Rapaport Broadcast
Rapaport’s ‘State of the Diamond Industry’ Address
June 08 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail
New York 47th Street.
US Import Slump Continues in May
US polished-diamond imports dropped heavily again in May, according to Commerce Department data, with Covid-19 shutting the global market and devastating demand. May is usually the strongest month for shipments as exhibitors send goods to the...
Polished Markets Jul 13, 2020 Rapaport News
Lucapa
Lucapa Revenue Plummets in Second Quarter
Sales of rough from Lucapa Diamond Company’s Lulo mine in Angola plunged in the second quarter, as both the average price and carats sold fell sharply due to the coronavirus pandemic.Revenue slid 80% year on year...
Mining Jul 13, 2020 Rapaport News
Sierra Leone artisanal miners.
GemFair to Launch Training Program in West Africa
GemFair, De Beers’ program for the artisanal sector, has partnered with two organizations on a training project to enhance mining practices in West Africa.It has signed a memorandum of understanding with Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit...
Mining Jul 13, 2020 Rapaport News
Shane Co
Hawaiians Buy the Biggest Diamonds – Shane Co.
Consumers in the state of Hawaii are purchasing engagement rings with an average diamond size of 1.20 carats, the largest in the US, according to Shane Co.The retailer and manufacturer, which claims to be the biggest privately owned...
Retail Jul 13, 2020 Rapaport News
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 Jul 13, 2020 Rapaport News
Birks Group
Birks Sales Rise Pre-Pandemic
Birks Group’s sales increased sharply in the latest fiscal year as three of its major retail stores reopened following renovations.The Canadian jeweler resumed trading at flagship sites in Vancouver, Toronto and Montreal during the 12-month...
Retail Jul 12, 2020 Rapaport News
Polished diamonds.
India Extends Deadline for Duty-Free Reimports
The Indian government has granted diamond companies extra time to ship polished goods back to the country after grading without incurring customs duty.At present, reimports are subject to the 7.5% levy once the...
Polished Markets Jul 12, 2020 Rapaport News
Sotheby's
Pink and Blue Hearts Score Big for Sotheby’s
Two fancy-colored, heart-shaped diamonds led the Magnificent Jewels sale at Sotheby’s in Hong Kong, fetching a combined $18.7 million.The first, a 5.04-carat, fancy-vivid-blue, type IIb diamond, flanked by white diamonds, brought in $10.6 million, or $2.1 million...
Polished Markets Jul 12, 2020 Rapaport News
Christie's
12ct. Blue Diamond Smashes Estimate at Christie’s
A blue diamond ring was the top seller at Christie’s Hong Kong in the first live Magnificent Jewels auction since the Covid-19 pandemic began.The piece, featuring a marquise-cut, 12.11-carat, fancy-intense-blue, internally flawless stone, went...
Polished Markets Jul 12, 2020 Rapaport News
Nyurbinskaya
Alrosa Monthly Sales Plummet Again
Alrosa’s diamond sales fell 86% year on year to $31.3 million in June as contract customers continued to delay buying rough allocations.“For the third time in a row, we offered our long-term customers unprecedentedly flexible sales conditions, including...
Rough Markets Jul 12, 2020 Rapaport News
Rapaport Logo
Rapaport Weekly Market Comment
Diamond trade uncertain amid spike in coronavirus infections and new restrictions in India and Israel. Prices firm for select goods as 1 ct. RAPI +1.9% in June. Investment demand for 0.50 to 1 ct., D, IF and bridal supporting...
Polished Markets Jul 09, 2020 Rapaport News
Pandora
Pandora Benefits from Improved Store Traffic
Sales at Pandora improved towards the end of the second quarter as the majority of its stores reopened and consumer traffic increased following the coronavirus lockdown.“The better-than-expected financial performance is a result of faster reopening of markets, slightly...
Retail Jul 09, 2020 Rapaport News
Rough diamonds Alrosa.
Alrosa Delays July Sale to Later in Month
Alrosa has pushed its July contract sale to the end of the month in response to requests from clients who had expressed interest in making purchases, the Russian miner said Thursday.The trading session, previously scheduled...
Rough Markets Jul 09, 2020 Rapaport News
Israel Diamond Exchange.
Israel Diamond Industry ‘on Verge of Collapse’
Israel’s diamond industry is on the verge of collapse as the coronavirus has wiped out sales and forced business to stop, the president of the Israel Diamond Exchange said Wednesday in a letter to the government.The pandemic will cost...
Polished Markets Jul 09, 2020 Rapaport News
Christie's
Christie’s Garners $5M at Paris Auction
Christie’s brought in $5.2 million from its Fine Jewels sale in Paris, with several pieces smashing their presale estimates.A ring by designer Verdura, featuring a rectangular cut-cornered, 5.57-carat Kashmir sapphire and rectangular cut-cornered, H-color,...
Polished Markets Jul 09, 2020 Rapaport News
A Titan store in Deoghar, Jharkhand.
Titan Sales Slump as Lockdown Hits India
Revenue at Titan Company dropped sharply in the past two months during India’s coronavirus lockdown, but the jewelry retailer noted encouraging signs as restrictions eased.Jewelry sales fell more than 80% year on year in May...
Retail Jul 09, 2020 Rapaport News
Polished diamond
India Trade Calls for Lower Import Tax
India’s diamond sector has asked the government to reduce import duties for polished, arguing that a lower rate would boost the country’s position as a trading hub.The Gem & Jewellery Export Promotion Council (GJEPC)...
Polished Markets Jul 08, 2020 Rapaport News
Diamonds Do Good
Industry Leaders to Offer Insights in Virtual Session
Diamonds Do Good will host a virtual gathering in which key leaders from the diamond and retail sectors will offer insights and perspectives on the future of the natural-diamond industry.“The world has undergone a seismic change...
Polished Markets Jul 08, 2020 Rapaport News
NRF 100
Signet Lands on Top 100 Retailers List
Signet Jewelers was rated as one of the top 100 retailers on the National Retail Federation’s (NRF) 2020 list, which ranks companies based on annual retail sales.The retailer came in at number 98, the only jewelry...
Retail Jul 08, 2020 Rapaport News
HK Show Sept 2019
September Hong Kong Show Now in November
The September Hong Kong show has been postponed to November due to the coronavirus and related travel restrictions, organizer Informa Markets said Wednesday.Jewellery & Gem World (JGW) Hong Kong, formerly the September...
Polished Markets Jul 08, 2020 Rapaport News
Previous 1 Next
Show articles per page




Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us