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Forevermark diamond ring
Diamonds High on Holiday Gift Lists
Consumers are showing strong interest in buying diamonds for their loved ones this holiday season, seeing a need to give something special following an uncertain year, according to a survey by De Beers.In the US, almost 60% of men...
Retail Aug 11, 2020 Rapaport News
Polished diamonds in hand
DPA to Rebrand, Abandon ‘Real Is Rare’
The Diamond Producers Association (DPA) has revealed plans for a radical overhaul that will see it change its name and drop the “Real Is Rare” tagline.Starting June 1, the marketing group will unveil a fresh...
Marketing May 19, 2020 Joshua Freedman
Jewelry store
Jewelry Buyers Still Desire In-Store Experience
Consumers still prefer speaking with jewelers before makinga purchase, despite the recent rise in online purchases, a survey has found.Some 64% of people who bought jewelry visited a store to consultwith an expert while deciding what...
Retail Dec 18, 2017 Rapaport News
ALROSA to Start Branded Diamond Marketing
ALROSA isplanning to launch marketing programs promoting Russian-mined diamonds, chiefexecutive officer Andrey Zharkov said Monday.Thecompany will run pilot programs in key markets this year, marking the firsttime it is engaging in direct marketing of its own,...
Marketing Feb 14, 2017 Avi Krawitz
rio tinto
Rio Tinto's 'Diamonds With a Story' Portal Opens
Rio Tinto launched an online portal for its "Diamonds with a Story" initiative, featuring information that is meant to help manufacturers, designers and retailers stay on top of marketplace trends. The portal, www.diamondswithastory.com, provides information and...
Marketing Jul 10, 2015 Jeff Miller
U.S. Jewelry, Watch Sales Flat in May
U.S. jewelry and watch sales across all channels were flat in May, up just 0.4 percent year on year, at $7.1 billion as estimated from preliminary government figures. According to Rapaport News calculations, jewelry sales rose...
Research Jun 25, 2015 Jeff Miller
Sales Associates Greatly Influence Wealthy Shoppers' Jewelry Purchases
Sales associates wield great purchasing influence over wealthy shoppers who visit a jeweler, according to proprietary research by the Luxury Institute, which measured buying habits across seven product categories. Furthermore, only a minority of wealthy...
Research Jun 23, 2015 Jeff Miller
cash america
Cash America's 1Q Revenue -5% to $272M
Cash America Inc. reported that its consolidated revenue fell 4.5 percent year on year to $271.8 million, while net revenue dropped 3.4 percent to $147.1 million during the first quarter that ended on March...
Financial-Legal May 01, 2015 Jeff Miller
Press Release: Cummings Manookian Class Action Suit Targets Diamond Overgrading
Press Release: The law firm of Cummings Manookian announced that it will begin filing a number of class action lawsuits centered on the dumping of billions of dollars of intentionally overgraded diamonds on hundreds of thousands of consumers. Diamond overgrading​ is the...
Financial-Legal Apr 17, 2015 Cummings Manookian
mr martin rapaport
Rapaport to Speak About Ethics at American Gem Society Conclave
PRESS RELEASE, April 15, 2015... Martin Rapaport, the chairman of the Rapaport Group, will present a one-hour talk titled “Ethical Challenges and Opportunities in the Diamond and Jewelry Industry” at the annual American Gem...
Retail Apr 15, 2015 Rapaport
alex ani store
U.S. Affluent Shoppers Cut Luxury Good Spending by 27%
Unity Marketing revealed that affluent U.S. consumers spent 26.5 percent less on luxury goods in the first quarter of 2015 compared with the fourth quarter of 2014. However, in the group's recent Luxury Consumption Index,...
Marketing Mar 25, 2015 Jeff Miller
Jewelry Prices
U.S. Jewelry Price Index -4% in January
The U.S. consumer price index (CPI) for jewelry dropped 4.1 percent year on year to 166.07 points in January, which was about 4 points higher than December's reading. Comparatively, the CPI for watches rose...
Research Feb 27, 2015 Jeff Miller
nrf 2
Survey: U.S. Consumers Plan to Save Their Tax Refunds
Nearly 66 percent of U.S. consumers anticipate receiving a tax refund this year and 46.9 percent plan to apply all or some of these funds to their savings, the highest percentage to date, according to the National Retail Federation...
Research Feb 20, 2015 Jeff Miller
India Jewelry Consumer
India's Online Sales to Surge 40% for Valentine's Week
ASSOCHAM forecast that Valentine's week online sales in India will jump 40 percent year on year to $3.53 billion (INR 220 billion) as consumers have increased spending power and they strive to celebrate the festival with...
Research Feb 12, 2015 Jeff Miller
new jersey jewelers
New Jersey Identifies 10,000 Cash-For-Gold Violations
The New Jersey State Office of Weights and Measures identified 10,000 violations at 71 jewelry stores in connection with cash-for-gold schemes. The most recent round of investigations also resulted in the state confiscating 35 unauthorized scales from...
Financial-Legal Dec 19, 2014 Jeff Miller
AGS Provides Consumer Tips for Christmas Diamond Purchases
Press Release: The American Gem Society (AGS), a non-profit dedicated to consumer protection and the ongoing education of jewelers, is providing tips for consumers to keep in mind before hitting the stores to make significant diamond and...
Retail Dec 15, 2014 AGS
D.E.F.'s DiamondsDoGood Shows How Diamonds Drive Positive Change
Press Release: The Diamond Empowerment Fund (D.E.F.) launched its new consumer-facing global website, diamondsdogood.com. Built in partnership with The Condé Nast Media Group, the site showcases the beauty, mystic and emotional...
Marketing Dec 02, 2014 D.E.F.
Jewelers of America
Jewelers of America Presents Christmas Gift Guidance for Shoppers
Press Release: Every year, the Christmas season has us searching high and low for the perfect gifts to give everyone on our list. Jewelry is always a coveted gift and this year is no exception. According to the...
Marketing Dec 01, 2014 Jewelers of America
NRF: 24% of U.S. Gift Shoppers Plan to Buy Jewelry or Precious Metal Item
The National Retail Federation (NRF) determined that 24 percent of U.S. consumers who buy gifts for the Christmas season intend to purchase jewelry or a precious metal accessory this year, according to Prosper Insights & Analytics...
Research Nov 13, 2014 Jeff Miller
Press Release
Rapaport Calls for End to Rampant Over-grading of Diamonds
PRESS RELEASE, November 10, 2014, New York ... Martin Rapaport, the chairman of the Rapaport Group, has released a comprehensive editorial titled “Honest Grading” that discloses the over-grading of over 100,000 diamonds, valued...
Research Nov 10, 2014 Rapaport
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