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Podcast: Why Bridal’s Not Enough
The Rapaport Diamond Podcast interviewed Stephen Lussier, De Beers’ vice president, consumer and brands, after the company published its annual Diamond Insight Report.Lussier outlines the key takeaways from the report, titled...
Marketing Nov 07, 2019 Rapaport News
Alrosa rough
Diamond Market Improves as Holidays Approach
RAPAPORT PRESS RELEASE, November5, 2019, Las Vegas … Diamond trading improved in late October after variousJewish, Indian and Chinese holidays. Dealers are focused on filling holidayorders as US jewelers prepare inventory for the season. Shortages...
Polished Markets Nov 05, 2019 Rapaport
De Beers bridal collection
De Beers Lowers Global Diamond-Jewelry Estimate
De Beers has restated its estimation of global diamond-jewelry sales following a new study valuing the diamond content in jewelry purchases since the 2008 recession. The group also revised its production data to reflect lower...
Retail Nov 04, 2019 Avi Krawitz
Dubai Conference Tech Panel
Diamond Manufacturers Must Brace for Automation
Imagine the following: A diamond-mining company operating with self-driving trucks loads its haul of ore to the processing plant, where rough diamonds are separated from waste and arranged in their rough forms into different...
Manufacturing Oct 31, 2019 Avi Krawitz
WFDB Presidents' Meeting Opening
WFDB Prepares Master Plan to Boost Relevance
There was a time, though not very recent, when a gathering of the World Federation of Diamond Bourses (WFDB) was graced by royalty and high-ranking politicians, recalled industry consultant Peter Meeus at the organization’s annual Presidents’...
Polished Markets Oct 07, 2019 Avi Krawitz
Diamond Trade with Loupe
Diamond Trade Cautious Ahead of Holiday Season
RAPAPORT PRESS RELEASE, October 7, 2019, Las Vegas…Diamond market sentiment was weak in September after the Hong Kong show demonstrated a slowdown in Chinese demand.Buyers from mainland China are cautious. The US-China trade war,...
Polished Markets Oct 07, 2019 Rapaport
Marketing
Opinion: An Urgent Call to Invest in Marketing
The diamond industry must significantly increase its marketing spend to ensure the trade’s longevity. This need is highlighted by the difficult conditions the sector has endured over the past few years.Recent challenges have...
Marketing Sep 09, 2019 Shashin Choksi & Siddharth Choksi
Shanghai Skyline
China Slowdown Weighing on Diamond Prices
RAPAPORT PRESS RELEASE, September 3, 2019, Las Vegas … Diamond markets were quiet in August, with dealers taking their summer vacations amid uncertainty about the important Hong Kong Jewellery & Gem Fair. Demand...
Polished Markets Sep 03, 2019 Rapaport
Rapaport TradeWire August 22, 2019
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Research Aug 22, 2019 Rapaport
Diamonds at Tenders
Let’s Set Our Sights on the Auctions
De Beers’ first-half earnings highlighted the many challenges facing the diamond trade. But beyond the sharp declines the mining company suffered, CEO Bruce Cleaver and chief financial officer Nimesh Patel were...
Rough Markets Aug 07, 2019 Avi Krawitz
De Beers
Diamond Trading Quiet Amid Tight Profits
RAPAPORT PRESS RELEASE, August 6, 2019, Las Vegas … Diamond-market sentiment was weak in July due to tight profits and liquidity. The pressures facing cutters and dealers resulted from high rough supply at inflated prices...
Polished Markets Aug 06, 2019 Rapaport
Alrosa rough
Stop Buying Rough
The prevailing panic surrounding the rise of lab-grown diamonds is overshadowing the bigger challenge facing the diamond market: There is no profit in the trade. This long-term challenge is reaching crisis levels, as manufacturers lack liquidity and...
Rough Markets Jul 03, 2019 Avi Krawitz
Diamond Cutting
Challenging Diamond Market Sees Further Declines
RAPAPORT PRESS RELEASE, July 2, 2019, Las Vegas … Diamond market sentiment was weak in June due to sluggish demand and tightening manufacturing profits. Suppliers are reducing prices to raise liquidity, as they’re under pressure from...
Polished Markets Jul 02, 2019 Rapaport
helzberg lab-grown diamond necklace 150
RapNet Votes No on Synthetic Diamonds
RAPAPORT PRESS RELEASE, June 5, 2019, Las Vegas … Members of RapNet, the world’s largest diamond tradingnetwork with daily listings valued at $7.5 billion, voted overwhelmingly againstintroducing services for synthetic diamonds. The following are...
Polished Markets Jun 16, 2019 Rapaport
Polished diamonds
Midstream Struggling as Diamond Prices Soften
RAPAPORT PRESS RELEASE, June 5, 2019, LasVegas … Diamond markets are under pressure as profit margins have tightenedand the trade war with China has fueleduncertainty. US jewelry sales arerobust, but the midstream is not profitableenough...
Polished Markets Jun 05, 2019 Rapaport
Rapaport breakfast JCK Las Vegas 2019
Martin Rapaport at JCK: Watch the Full Speech
The diamond industry must invest in new products andethically sourced natural diamonds to boost profitability and counter thegrowth of synthetics, Martin Rapaport, Chairman of the Rapaport Group, stressedat the annual Rapaport Breakfast in Las Vegas....
Polished Markets Jun 05, 2019 Rapaport News
RapNet to Vote On Synthetics
RapNet to Vote on Synthetics
RAPAPORT PRESS RELEASE, May 22, 2019, Las Vegas … RapNet, the world’slargest diamond trading network with daily listings of over $7.4 billion, willbe voting on whether it should provide diamond listing and pricing services...
Polished Markets May 22, 2019 Rapaport
RapNet
RapNet Offers Jewelry Trading to the Industry
RAPNET PRESSRELEASE, May 19, 2019, Las Vegas … RapNet,the world’s largest marketplace for diamonds and jewelry, is releasing its newjewelry trading platform to the industry. Following extremely positivereactions when RapNet introduced its new...
Technology May 19, 2019 Rapaport
Dollars and Jewelryq
Diamond Prices Soften Despite US Stability
RAPAPORT PRESS RELEASE, May 7, 2019, Las Vegas … Polished-diamond prices declined in April due to continued oversupply and selective Far East demand. US jewelry sales remain firm, helping to support the global trade. The RapNet...
Polished Markets May 07, 2019 Rapaport
Sierra Leone
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
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