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GIA dossiers
GIA Calls Off New York Career Fair
The Gemological Institute of America (GIA) has canceled next week’s career event in New York due to the coronavirus.The GIA Jewelry Career Fair was due to take place on March 13. It targets job seekers in the...
Polished Markets Mar 05, 2020 Rapaport News
Store in NY diamond district
US Trade Slowdown Continues
US diamond shipments fell in November, according to government data. Polished imports declined19% as lower volumes outweighed an increase in the average price. US Trade Data for November 2019 Nov 2019 Year-on-year change Polished imports $1,382 -19%...
Polished Markets Jan 13, 2020 Rapaport News
ALROSA Rough2
Alrosa Releases 2020 Supply Schedule
Alrosa has published its schedule of contract sales and auctions for next year.The Russian miner has maintained its format of monthly sales under the Alrosa Alliance, its long-term supply program. It will also...
Mining Dec 31, 2019 Rapaport News
NY
US Polished Imports Decline
The USdiamond trade continued to slow in October. Polished imports fell 38% to $1.45billion for the month, marking the steepest year-on-year drop since 2009 andthe seventh consecutive month of decline, according to Rapaport records. Polished...
Polished Markets Dec 25, 2019 Rapaport News
New York
US Polished Trade Continues to Decline
US polished-diamondimports fell 24% to $1.48 billion in September, according to the latest datafrom the US Commerce Department. The decline reflected lower volumes and a dropin the average price. Polished imports fell 13% to $15.37 billion for...
Polished Markets Dec 01, 2019 Rapaport News
Lightbox
Lightbox to Debut at Bloomingdale’s, Reeds
De Beers will partner with two major retailers topromote Lightbox, its brand of affordable lab-grown diamond jewelry. Lightbox’s $800-per-carat jewelry is set to be soldin select Bloomingdale’s stores, including in New York City and San Francisco,...
Retail Oct 15, 2019 Rapaport News
New York 47th street
US Polished Imports Decline
USpolished-diamond imports dropped 21% to $1.6 billion in July, according to thelatest data from the Commerce Department. This year’s downwardtrend has continued, with polished imports falling 10% for the first seven months.The average...
Polished Markets Sep 24, 2019 Rapaport News
Jewelry store
JSA Warns Jewelers of Power-Cut Break-Ins
The Jewelers’ Security Alliance (JSA)has issued a “code red” warning ahead of Thursday’s July 4celebrations in the US. The New York-based association,which provides crime information andassistance to jewelers across America, has warned that power...
Retail Jul 03, 2019 Rapaport News
NY jewelry store
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
Leo Schachter
Trade Mourns Death of Leo Schachter
Leo Schachter, whose famed international diamond company has borne his name for almost 70 years, died last Thursday at the age of 95.Schachter launched Beck and Schachter Company on New York’s47th Street in 1952, having...
Polished Markets May 12, 2019 Rapaport News
NY diamond district
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
Sothebys Blue Diamond Ring 150
Sotheby’s Garners $21.5M at New York Auctions
Two Sotheby’s New York auctions brought in a combined $21.5million Wednesday, with a blue-diamond ring achieving the top price. The cut-cornered square modified brilliant-cut, 3.24-carat,fancy-intense-blue, VVS1-clarity diamond ring, flanked by two pear-shapeddiamonds, fetched $2.3...
Polished Markets Apr 18, 2019 Rapaport News
Yellow diamond
US Looks to Tighten Jewelry-Origin Rules
The US government wants the jewelry industry to declare the origin of all materials in products, trade organizations learned this week.State Department officials met with industry representatives on Monday to brief them on the plans.The possible rules...
Financial-Legal Apr 18, 2019 Joshua Freedman
Christies NY
Twin-Stone Ring Fetches $7M at Christie’s
Christie’s New York Magnificent Jewels auction garnered $30.3 million on Tuesday, with a twin-stone ring leading the sale. The piece, bearing two pear modified brilliant-cut,fancy-vivid-blue, VS2-clarity diamonds weighing 3.06 and 2.61 carats,...
Polished Markets Apr 17, 2019 Rapaport News
Jewelry store New York diamond district
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
Graff boutique
Graff Buys Flagship New York Store
Graff has bought the New York property that has housed itsflagship boutique for nearly 20 years, the London-based jeweler said Tuesday. The building, at 710 Madison Avenue on the corner of 63rd Street, was...
Retail Mar 06, 2019 Rapaport News
Reuven Kaufman podcast
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
GEM Awards Jan 2019 Stewart Wicht
GEM Awards Honor Ex-Rolex USA Chief
Jewelers of America (JA) honored retailers, designers andjournalists at Friday’s GEM Awards in New York. Stewart Wicht, whoretired as CEO of Rolex Watch USA in December, picked up the LifetimeAchievement accolade in recognition of his contribution to the industry duringhis...
Retail Jan 16, 2019 Rapaport News
Lucapa 46ct pink
Lucapa Predicts Premium from Angola Reforms
Angola is set to host its first diamond sale under newrules designed to improve transparency and prices.Sodiam, a state-owned diamond-marketing company, will this month offerseven large stones from Lucapa Diamond Company’s Lulo mine, including...
Rough Markets Jan 14, 2019 Joshua Freedman
Christies
Bulgari Blue Fetches $18M at Christie’s
A Bulgari diamond ring surpassed its estimate at Christie’s inNew York on Wednesday, bringing in more than $18 million. The cushion-cut, 8.08-carat, fancy-vivid-blue piece was the event’stop seller at $18.3 million, beating its presale estimate...
Polished Markets Dec 06, 2018 Rapaport News
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