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Technology
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Aug 11, 2015
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Rapaport News
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Mining
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Aug 11, 2015
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Ronen Shnidman
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Polished Markets
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Aug 10, 2015
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Ronen Shnidman
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Mining
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Aug 09, 2015
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Ronen Shnidman
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Financial-Legal
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Aug 09, 2015
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Ronen Shnidman
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U.S. Jewelry and Watch Sales in June Fall 1.5% to $5.2B
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U.S. jewelry and watch sales across all channels fell in June, declining 1.5 percent year on year to $5.2 billion as estimated from preliminary government figures. According to Rapaport News calculations, jewelry sales declined 1.3...
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Retail
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Aug 06, 2015
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Ronen Shnidman
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Rio Tinto Diamond Revenue -23% to $331M in 1H
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Rio Tinto reported mixed results for its diamond operations in its first half report released on Thursday, with the effect of softening demand for rough diamonds offset by a strengthening dollar. Diamond operations’ revenue slumped...
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Mining
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Aug 06, 2015
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Ronen Shnidman
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Neiman Marcus Prepares for $100M Share Listing
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Neiman Marcus, a U.S.-based luxury retailer, said its planning an initial public offering to raise $100 million capital in a filing made with the U.S. Securities and Exchange Commission (SEC) on Tuesday. The value of the IPO...
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Financial-Legal
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Aug 06, 2015
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Ronen Shnidman
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Supergems India to Tender 200 Polished Diamonds at IIJS Show
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Supergems India announced on Wednesday that it will offer 200 graded and certified diamonds at a polished tender between August 6 to August 10 at the India International Jewellery Show (IIJS).The diamonds on offer include round and fancy shape...
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Polished Markets
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Aug 05, 2015
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Ronen Shnidman
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U.S. Silver Jewelry Imports Rise in First 5 Months of 2015
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Imports of silver jewelry to the U.S. increased 11 percent from the beginning of 2015 until the end of May, according to the Silver Institute, a non-profit silver industry association.The U.S. is the world's largest importer of silver jewelry...
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Retail
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Aug 05, 2015
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Ronen Shnidman
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Polished Markets
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Aug 04, 2015
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Ronen Shnidman
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Hong Kong Pop-Up Store to Showcase Israeli Designers
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The Israel Export & International Cooperation Institute (IEICI) will open a pop-up store in Hong Kong in late October to showcase the creations of 20 Israeli product designers to East Asian retailers.The store will feature diamonds and...
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Marketing
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Aug 04, 2015
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Ronen Shnidman
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Kao Mine Large Diamond Tender Begins in New York
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Rough diamond brokers Fusion and I. Hennig began special viewings for a tender of large rough diamonds recovered from the Kao mine in Lesotho in New York on Monday.The two highlights of tender are expected to be a 153.66-carat white...
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Rough Markets
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Aug 03, 2015
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Ronen Shnidman
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Financial-Legal
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Aug 03, 2015
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Ronen Shnidman
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Gem Diamonds' 1H Revenue Falls 28%
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Gem Diamonds’ revenue declined 28 percent year on year to $106.3 million in the first half that ended on June 30 2015, hurt by reduced production and lower prices received for commercial-quality rough diamonds. The average price...
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Mining
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Jul 30, 2015
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Ronen Shnidman
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Research
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Jul 29, 2015
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Ronen Shnidman
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Signet Replaces DirectTV in S&P 500 Index
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Signet Jewelers Limited entered the Standard & Poor 500 Index after the close of trading on Tuesday, replacing satellite television company DirectTV. Signet was replaced as a constituent of the S&P MidCap 400 by pharmaceutical company...
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Financial-Legal
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Jul 29, 2015
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Ronen Shnidman
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Kering Group 1H Sales +17%, But Luxury Sales Flat
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Luxury retailer Kering reported that sales increased 17 percent year on year to $6.1 billion (EUR 5.5 billion) during the first six months of 2015. The group said sales were boosted by a weaker euro and...
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Retail
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Jul 28, 2015
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Ronen Shnidman
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Manufacturing
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Jul 28, 2015
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Ronen Shnidman
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IndusInd Bank Acquires Diamond Loan Portfolio Held by RBS
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IndusInd Bank announced Monday that it had completed its acquisition of the diamond and jewelry financing business of Royal Bank of Scotland (RBS) in India. RBS managed a diamond and jewelry business loan portfolio valued at $640...
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Financial-Legal
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Jul 28, 2015
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Ronen Shnidman
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