|
|
|
James Avery Picks Non-Family Member as CEO
|
|
James Avery Artisan Jewelry has named John McCullough as CEO— the first non-family member to lead the Texas-based retailer. McCullough, who was previously chief operating officer (COO),succeeds Chris Avery, who has been...
|
|
|
Mining
|
Sep 10, 2019
|
Rapaport News
|
|
|
|
|
|
How Trump’s Tariffs Could Affect the Trade
|
|
Long before the threat of tariffs on Chinese goods loomed large,brick-and-mortar retailers in the US were facing challenges. So far this year,US retailers have announced plans to shut down over 7,000 stores after almost6,000 closed in 2018,...
|
|
|
Financial-Legal
|
Aug 11, 2019
|
Lara Ewen
|
|
|
|
|
|
Signet Revenue Drops in First Quarter
|
|
Signet Jewelers has lowered its sales outlook for the restof the year, after revenue fell in the first fiscal quarter. Total sales declined 3.3% to $1.43 billion in the threemonths ending May 4, the...
|
|
|
Retail
|
Jun 06, 2019
|
Rapaport News
|
|
|
|
|
|
US Polished Imports Rise in 1Q
|
|
Shipments of polished diamonds to the US grew 4% to $5.51billion in the first quarter, as a stronger March canceled out a negative startto the year. Imports rose 13% to $2.23 billion for the month, compared with a1% rise in January...
|
|
|
Polished Markets
|
Jun 06, 2019
|
Rapaport News
|
|
|
|
|
|
Platinum Jewelry Sales Saw Strong 2018
|
|
Platinum-jewelry demand grew in India and the US in 2018, as younger consumers and male buyers responded strongly to marketing campaigns,Platinum Guild International (PGI) reported. US sales at PGI’s retail members grew 11% amid stronggrowth in the bridal...
|
|
|
Retail
|
May 27, 2019
|
Rapaport News
|
|
|
|
|
|
Chow Tai Fook Launches US Hub
|
|
Hong Kong-based jeweler Chow Tai Fook has launched abusiness hub in Boston that will supply products and services to US retailers. Chow Tai Fook North America (CTFNA) will operate as awholesaler, offering customized diamond...
|
|
|
Polished Markets
|
May 08, 2019
|
Rapaport News
|
|
|
|
|
|
US Polished Imports Drop in Early 2019
|
|
The US polished-diamond trade was sluggish in the firsttwo months of the year, with imports declining and exports stable. Bothcategories recorded a weaker February than January. The drops in import valuereflected a lower average price in both...
|
|
|
Polished Markets
|
May 02, 2019
|
Rapaport News
|
|
|
|
|
|
Rapaport Proposes Sierra Leone Diamond Reform
|
|
RAPAPORT PRESSRELEASE, April 17, 2019, New York … The Rapaport Trade Mission to Sierra Leoneattracted a strong group of 29 international diamantaires and jewelers. Participants were from theUS, India, UAE, UK, Switzerland, Turkey, Canada, Spain, and...
|
|
|
Fair Trade
|
Apr 17, 2019
|
Rapaport
|
|
|
|
|
|
US Trade Confident as Polished Imports Surge
|
|
Dealers expressed optimism for the US diamond marketafter polished imports rose last year to their highest level since 2014.Shipments to the country jumped 8% to $23.3 billion in2018, according to the US Census Bureau, despite more modest...
|
|
|
Polished Markets
|
Apr 03, 2019
|
Joshua Freedman
|
|
|
|
|
|
Time for the Trade to Reengage with Bridal
|
|
There’s a caveat that Stephen Lussier emphasizes when marketing diamonds to millennials as a symbol of love. The industry needs to recognize that love may not entail the formality of marriage, the De Beers head of marketing stressed in an interview...
|
|
|
Marketing
|
Mar 13, 2019
|
Avi Krawitz
|
|
|
|
|
|
Podcast: The New York View
|
|
Rapaport News caught up with Reuven Kaufman, president of New York’s Diamond Dealers Club (DDC), to gauge the mood in the US trade at the start of 2019.Retailers had a good holiday season, but have been wary about...
|
|
|
Polished Markets
|
Jan 31, 2019
|
Rapaport News
|
|
|
|
|
|
DPA Appoints North America Chief
|
|
The Diamond Producers Association (DPA) has appointed former VanCleef & Arpels marketing executive Kristina Buckley Kayel as managingdirector for North America. Buckley Kayel will be in charge of developing andimplementing the DPA’s consumer-marketing and...
|
|
|
Marketing
|
Jan 06, 2019
|
Rapaport News
|
|
|
|
|
|
De Beers’ Lightbox Chief Reveals 2019 Plans
|
|
De Beers shocked the industry in May by announcing it would launcha line of fashion jewelry featuring laboratory-grown diamonds. Lightbox Jewelrystarted selling the products online in September, and it’s now looking atexpansion options.The main opportunity to develop...
|
|
|
Retail
|
Dec 27, 2018
|
Joshua Freedman
|
|
|
|
|
|
US Polished Trade Surged in October
|
|
The US saw a sharp increase in imports and exports of polisheddiamonds in October, according to data from the US Census Bureau. Inboundshipments hit a record level for any month other than May,which is boosted by preparations for the annual...
|
|
|
Polished Markets
|
Dec 26, 2018
|
Rapaport News
|
|
|
|
|
|
Rapaport Magazine: US Manufacturing
|
|
The future of US manufacturing is the focus of RapaportMagazine’s November cover feature, with interviewees from across theindustry lending their views on the matter. US companies are increasingly sending work to overseasmanufacturers for cost reasons. Reversing that...
|
|
|
Manufacturing
|
Nov 08, 2018
|
Rapaport News
|
|
|
|
|
|
US Polished Imports Continue to Grow
|
|
US polished-diamond imports rose 16%in August, continuing an upward trend for the year. The August growth reflectedhigher volumes (up 22% to 894,066 carats), with the average price slipping 5%to $2,016 per carat. A higher...
|
|
|
Polished Markets
|
Nov 04, 2018
|
Rapaport News
|
|
|
|
|
|
‘Diamonds Are a Girl’s Best Friend’ Nets $50K
|
|
A brand-management company that owns the Marilyn Monroeestate has bought the trademark rights to “Diamonds Are a Girl’s Best Friend”at an auction of assets belonging to Nirav Modi’s US businesses.ABG Intermediate Holdings, which trades as Authentic BrandsGroup (ABG),...
|
|
|
Marketing
|
Oct 23, 2018
|
Rapaport News
|
|
|
|
|
|
CIBJO Urges Diamond Consultation with FTC
|
|
The World Jewellery Confederation (CIBJO) has proposedit work with other industry groups to consult with the US Federal TradeCommission (FTC) over its fiercely debated diamond terminology.Industry leaders attending the October 15 to 17CIBJO Congress...
|
|
|
Polished Markets
|
Oct 23, 2018
|
David Brough
|
|
|
|
|
|
US Jewelry Trade Shrinks by Nearly 5%
|
|
The US jewelry industry contracted again in the thirdquarter as more businesses left the sector than joined it, according to theJewelers Board of Trade (JBT). The number of recorded jewelry businesses fell 4.7% versusthe same period...
|
|
|
Retail
|
Oct 21, 2018
|
Rapaport News
|
|
|
|
|
|
CIBJO Won’t Bow to FTC Diamond Definition
|
|
The World Jewellery Confederation (CIBJO) is likely tokeep the word “natural” in its definition of diamonds for the time being,according to the organization’s president.The Switzerland-based group will probably not amend theentry in its Blue Book...
|
|
|
Financial-Legal
|
Oct 11, 2018
|
Joshua Freedman
|
|
|
