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Swiss Watch Exports See Further Growth
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Swiss watch exports grew in September, drivenby stronger demand from Hong Kong and Singapore, the Federation of the SwissWatch Industry reported. Exports rose 3.7% to $1.82 billion (CHF 1.8 billion) for the month,...
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Watches
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Oct 23, 2017
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Rapaport News
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US Jewelry Business Closures Slow in 1H
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The rate at which the US jewelry industry is shrinking slowed in the first half of 2017, as the number of businesses that closed dropped by 34% to 553, according to the Jewelers Board of Trade (JBT).“The decline in the number of companies...
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Retail
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Jul 23, 2017
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Rapaport News
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US Polished Trade Slows in February
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US polished diamond imports slid 15% to $1.49 billion in February, according to government data.By volume, polished imports fell 18% to 635,000 carats, with the average price increasing 3% to $2,345 per carat, figures showed.Polished exports dropped...
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Polished Markets
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Apr 19, 2017
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Rapaport News
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U.S. Polished Diamond Imports +6% in Dec.
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Polished diamond imports to the United States rose 6 percent year on year to $1.54 billion in December. The volume of exports fell 6 percent to 848,866 carats during the month while the average price of the stones increased...
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Polished Markets
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Feb 12, 2012
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Avi Krawitz
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U.S. Polished Diamond Imports -5% in October
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Polished diamond imports fell 5 percent year on year to $1.82 billion for the U.S. in October 2011. By volume, the polished imports declined 9 percent to 1.191 million carats as the average price of the imports rose 4 percent...
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Polished Markets
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Dec 11, 2011
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Avi Krawitz
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Diamonds & the Global Economy
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The global economy has not had a bumper year. The extent to which growth in emerging markets can compensate for weaknesses in mature ones has diminished with each crisis. The Euro-zone catastrophe has spread...
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Research
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Nov 25, 2011
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Avi Krawitz
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U.S. Polished Diamond Imports +23% in August
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Polished imports to the United States rose 23 percent year on year to $1.64 billion in August 2011. Growth was driven by higher prices, rising 46 percent to $1,534.44 per carat, while the volume of imports fell 16 percent to 1.068...
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Polished Markets
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Oct 16, 2011
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Avi Krawitz
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IMF Says the Economy Hit a 'Dangerous New Phase'
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The International Monetary Fund (IMF) lowered its expectations for economic growth due to "multiple shocks" and insufficient rebalancing efforts by the major economies. The global economic recovery is slowing, with world growth now projected at 4 percent in both 2011 and 2012, down from an earlier prediction...
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Research
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Sep 20, 2011
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Jeff Miller
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Zale Corp. Holiday Sales Rise 8%
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Zale Corporation reported that Christmas season sales during the final two months of 2010 rose 8 percent to $533.1 million. The jewelry retailer reported comparable store sales increased 8.5 percent year on year during...
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Retail
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Jan 12, 2011
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Avi Krawitz
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Rapaport Weekly Market Report 12/10/2010
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This article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office. Global MarketsUnited States: Wholesalers report strong activity in the market but are hesitant to pronounce this a strong holiday season, as many goods are going...
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Research
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Dec 10, 2010
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Avi Krawitz
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Rapaport Weekly Market Report 12/03/2010
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This article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office.Global MarketsUnited States: Traders are on the whole positive about the Christmas season so far, but it appears strength reported in jewelry sales occurred in pockets where...
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Polished Markets
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Dec 03, 2010
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Avi Krawitz
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Rapaport Weekly Market Report 11/26/2010
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This article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office. Global MarketsUnited States: The industry remained in relatively positive mood ahead of Thanksgiving weekend and hopeful that Black Friday would stimulate a stronger spending...
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Research
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Nov 26, 2010
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Avi Krawitz
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Rapaport Weekly Market Report 11/12/2010
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This article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office. Global MarketsUnited States: Trading is quieter than hoped for amongst New York wholesalers, some of whom have noted a downtrend in activity since the September...
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Polished Markets
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Nov 12, 2010
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Avi Krawitz
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Rapaport Weekly Market Report 11/05/2010
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This article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office. Global MarketsUnited States: Trading remains cautious ahead of the Christmas season, but there is a steady flow of business being conducted. Buyers are focused on the...
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Research
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Nov 05, 2010
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Avi Krawitz
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Hopeful for the Holidays
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The holiday season is coming up, and retailers are trying their best to maintain a positive outlook after last year’s disappointing end to the year. Store owners who have kept their inventory and their expectations low are feeling more robust nowadays, but everyone acknowledges...
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Retail
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Nov 01, 2010
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Lara Ewen
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Getting Around High Prices
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Locked into high prices on their traditionally strong product categories and facing sluggish demand from a still-recovering economy, U.S. wholesalers are moving into new product areas where there is greater pricing flexibility and more room for growth. “We are doing more business in natural...
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Polished Markets
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Nov 01, 2010
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Karolyn Schuster
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Rapaport Weekly Market Report 10/29/2010
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This article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office. Global Markets United States: Trading is stable in New York, but slower than hoped for and a conservative atmosphere has developed. There is notable resistance...
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Research
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Oct 29, 2010
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Avi Krawitz
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Rapaport Weekly Market Report 10/22/2010
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This article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office. Global MarketsUnited States: There are signs of improvement in U.S. wholesale buying for the Christmas holiday season, with the trading centers reporting growing...
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Polished Markets
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Oct 22, 2010
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Avi Krawitz
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Rapaport Weekly Market Report 10/15/2010
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The following article is an excerpt from a market report that is sent to RapNet members on a weekly basis. To subscribe, go to www.rapnet.com or contact your local Rapaport office. Global MarketsUnited States: Wholesale trading is steady as retailers prepare for the holiday season, but they appear to be avoiding bulk inventory orders. There...
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Research
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Oct 15, 2010
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Avi Krawitz
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Small Business Climate Remains in a Recession
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The National Federation of Independent Business (NFIB) found that the level of optimism for small businesses in the U.S. remains stuck in "recession territory” in their economic trends report which is published monthly. The main reason for this feeling is backed by sales numbers that continue to show shoppers...
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Retail
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Oct 13, 2010
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Denise Romano
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