RapNet


Rapaport News

 

Search Results

   

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail
Jim Duffy
Tracr Aiming to Be More Than a Blockchain
As a tech guy, Jim Duffy spends much of his time on the road explaining technical terms in a way laymen can understand. He has his work cut out for him as CEO of Tracr, De Beers’ blockchain project — especially...
Polished Markets Sep 04, 2019 Avi Krawitz
Jewelers of America
Jewelers of America Elects New Chair
Jewelers of America (JA) has elected Holly Wesche, athird-generation jeweler, to head its board of directors. Wesche, who is the owner of Wesche Jewelers in Florida, willsucceed outgoing chair John Henne, the organization said last week....
Polished Markets Aug 04, 2019 Rapaport News
CTF Yoho 150
Chow Tai Fook China Sales Rise
Sales in Chow Tai Fook’s mainland China storesgrew strongly in the first fiscal quarter, while purchases in Hong Kong andMacau slowed. Retail sales jumped 24% in mainland China in the threemonths ending June 30, with...
Retail Jul 18, 2019 Rapaport News
Chow Tai Fook
New Stores Fuel Chow Tai Fook Sales Growth
Chow Tai Fook’s sales and profit rose during the fiscalyear amid increased purchases of gold jewelry and an expansion of the company’sretail network in China, it said Thursday. Group sales grew 13% to HKD 66.66 billion...
Retail Jun 06, 2019 Rapaport News
De Beers Tracr
De Beers Opening Blockchain to Industry
De Beers has launched an online resource for sharing information and tools that will help members of the trade join its blockchain program. The Tracr Community will provide participants with educational materials and...
Technology Jun 02, 2019 Rapaport News
Caryl Capeci Chow Tai Fook
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
Chow Tai Fook Landmark North 150
Chow Tai Fook Sees Strong Growth in China
Chow Tai Fook’s sales increased in the fourth quarter, amida rise in demand for gold products and stronger consumer sentiment on themainland. Retail sales jumped 24% in mainland China in the threemonths ending March 31,...
Retail Apr 22, 2019 Rapaport News
AGS
AGS Names Distinction-Award Honorees
The American Gem Society (AGS) will honor three industryleaders at its Circle of Distinction dinner, it said last week. Alan Zimmer, CEO of Reeds Jewelers, will receive theLifetime Achievement Award. Zimmer’s father opened Reeds...
Polished Markets Mar 25, 2019 Rapaport News
Alrosa Euros
Alrosa Testing Payments in Euros
Alrosa has begun accepting payments in euros, as it continues to test the waters with currenciesother than dollars. The move, which currently extends to only one of its Chinese clients, is an attempt to avoid theconsequences of future US sanctions on the...
Rough Markets Mar 14, 2019 Rapaport News
Chow Tai Fook TST Hong Kong
Chow Tai Fook Sales Dip on Economic Slowdown
Chow Tai Fook followed a string of major retailers that have noted a slowdown in greater China as the jeweler's same-store sales fell in the three months that ended December 31. “A decline in same-store sales was recorded...
Retail Jan 15, 2019 Rapaport News
HK
Hong Kong Luxury Sees Rare Drop
Retail sales of jewelry and other luxury items in Hong Kongdeclined for the first time in 17 months as global economic uncertainties impacted consumer sentiment.Revenues from jewelry, watches, clocks and other valuablegifts dropped 3.9% to HKD...
Retail Jan 06, 2019 Rapaport News
Chow Tai Fook
Chow Tai Fook Joins De Beers Blockchain
De Beers has expanded its blockchain initiative into theAsian retail sector by signing up Chow Tai Fook, the largest diamond jeweler inthe region. Chow Tai Fook’s participation will enable De Beers to extendthe reach of the...
Technology Dec 19, 2018 Rapaport News
Chow Tai Fook MoU Tencent 150
Chow Tai Fook to Accept WeChat Payments
Chow Tai Fook has signed a memorandum of understanding(MoU) with online giant Tencent that will enable its customers to completetransactions using WeChat Pay, the Hong Kong-based jeweler said Monday. Beginning next year, Chow...
Retail Dec 17, 2018 Rapaport News
Atelier Technology
Chow Tai Fook, Swarovski Back Sourcing Program
Chow Tai Fook and Swarovski have led a consortium ofinvestors in a digital jewelry program that claims to reduce sourcing time byup to 80%. Atelier Technology — which launched in January — aimsto connect the supply chain and...
Polished Markets Dec 04, 2018 Rapaport News
Luk Fook Hong Kong store
Hong Kong Jewelers Warn of Slowdown
Hong Kong’s largest jewelry retailers expect sales growth to slow in light of recent US-China trade tensions and the depreciation of the yuan currency.Same-store sales at Luk Fook dropped by a single-digitpercentage in Hong Kong and Macau in October...
Retail Dec 02, 2018 Rapaport News
T Mark
The Diamond Trade’s Provenance Challenge
Several traceability programs have launched in the past two years, marking a shift in the way the diamond and jewelry trade operates. The question of whether a diamond could be traced throughout the distribution chain initially...
Polished Markets Oct 31, 2018 Avi Krawitz
Luk Fook
Hong Kong Jewelers See Revenue Spike
Sales rose sharply at Chow Tai Fook and Luk Fook in the second fiscal quarter, boosted by strong consumer demand,the lower price of gold, and tourism.Retail sales at Chow Tai Fook jumped 25% year on year...
Retail Oct 21, 2018 Rapaport News
MVI
How Retailers Can Entice Chinese Tourists
You don’t have to be in China to sell to Chinese people.That’s the message from luxury marketing experts, who point out that tourists,students and immigrants from the world’s largest fine-jewelry consumer have ahuge impact on the...
Marketing Oct 17, 2018 Joshua Freedman
Chow Tai Foo
Chow Tai Fook Partners with Vera Wang
Chow Tai Fook will debut a new bridal-jewelry collection inpartnership with designer Vera Wang, it said Thursday. The Hong Kong-based retailer will launch the line — calledVera Wang Love — in mainland China on October 19....
Retail Oct 11, 2018 Rapaport News
Hong Kong skyline
China Positive Amid Short-Term Uncertainty
So far, 2018 has been a positive year for the diamond trade, with the US and China, the two largest diamond-jewelry markets, showing steady growth. In fact, in China, the jewelry-retail sector has experienced positive...
Research Oct 09, 2018 Avi Krawitz
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