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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
Diamond engagement ring
UBS Predicts Drop in Diamond-Jewelry Sales
Global diamond-jewelry demand will decline 2% this year asstock-market volatility in the US is likely to affect consumer sentiment, UBSpredicted. “Demand in 2019 [to date] has been lackluster, and we expecta modest decline in global diamond-jewelry sales in [the...
Retail Oct 02, 2019 Rapaport News
Time to reengage with bridal
Time for the Trade to Reengage with Bridal
There’s a caveat that Stephen Lussier emphasizes when marketing diamonds to millennials as a symbol of love. The industry needs to recognize that love may not entail the formality of marriage, the De Beers head of marketing stressed in an interview...
Marketing Mar 13, 2019 Avi Krawitz
Charles Stanley
Forevermark Unveils New Omni-Channel Strategy
De Beers is expanding its presence in stores that carry the Forevermark brand and improving its omni-channel offering to capitalize on the recent growth in online diamond-jewelry sales.“We must remain relevant to consumers and embrace the idea...
Retail Jun 01, 2018 Avi Krawitz
Carat+ Show to Return in May
Carat+ Show to Return in May
The second edition of the Carat+ diamond trade show will take place at the Antwerp Expo in Belgium from May 6 to 8, organizers said. The international fair focuses on diamonds, loose stones,diamond jewelry and colored gemstones.Last...
Polished Markets Jan 16, 2018 Rapaport News
Bulgari Serpent
LVMH Sees Strong Jewelry and Watch Growth
LVMH Moët Hennessy Louis Vuitton’s revenue from jewelry and watches increased 8% year on year to $1.12 billion (EUR 951 million) in the third quarter. Overall group revenue jumped 14% to $12.26 billion (EUR 10.38...
Retail Oct 10, 2017 Rapaport News
Moussaieff Jewellers 4.34-carat fancy vivid blue d
Blue-Pink Ring Stands Out at Biennale Paris
One-of-a-kinddiamond jewelry masterpieces, including an extraordinary blue-and-pink diamondring from Moussaieff Jewellers, were on show this week at the Biennale luxuryfair in Paris.The Biennale Paris, taking place at the Grand Palais until September 17, presentsextremely rare...
Retail Sep 13, 2017 David Brough
Neil Lane
Branding Firm Buys Controlling Share in Neil Lane
A New York-based brand-development group has acquired a majority stake in fine jeweler Neil Lane. Authentic Brands Group (ABG) announced the acquisition of the celebrity designer’s namesake brand last week, adding it to a portfolio that already...
Retail Aug 17, 2017 Rapaport News
CKC Forevermark Store
Forevermark-Only Store Debuts in India
The first concept store that exclusively carries Forevermark diamond jewelry has opened in India as the brand continues to make aggressive inroads on the subcontinent. C Krishniah Chetty Jewellers opened the store in Bangalore earlier this...
Retail Aug 01, 2017 Avi Krawitz
Forevermark De Beers diamond choke necklace
De Beers: Women Self-Purchasing More Diamonds
Millennials are increasingly buying diamond jewelry forthemselves, helping drive retail sales in the US to record levels, according toresearch by De Beers.Sales of bridal jewelry have been stable in markets wherethere is a tradition of giving engagement rings, but other...
Retail Jun 04, 2017 Rapaport News
Tiffany Blue Box
Tiffany’s Declining 2Q Sales Miss Estimates
Tiffany & Co.’s revenue fell in the fiscal second quarter amid a challenging global environment that hit consumer spending in the company’s key markets. Comparable store sales dropped 8 percent over the three months...
Retail Aug 25, 2016 Rapaport News
Bruce Cleaver De Beers
De Beers to Launch India Marketing Campaign
De Beers signed an agreement with India’s Gem &Jewellery Export Promotion Council (GJEPC) to run a marketing campaign duringthe nation’s key selling season this year.The memorandum of understanding is in line with the miner’s initiativesin the U.S....
Marketing Aug 08, 2016 Rapaport News
Signet Jewelers
Signet’s 4Q Revenue +5% on Strong Diamond Fashion Jewelry Sales
Signet Jewelers reported revenue rose 5.1 percent to $2.39billion in its fourth fiscal quarter on strong diamond fashion jewelry sales inthe Sterling Jewelers and Zale divisions.In the 13weeks to January 30, the average transaction...
Retail Mar 28, 2016 Rapaport News
Asian Star
Asian Star’s 1Q Revenue Drops Amid Weaker Diamond Market
Asian Star Company Limited reported its revenue dropped 2 percent to $127.8 million (INR 8.3 billion) during the quarter that ended June 30, 2015.All of the India-based manufacturer’s group segments reported a decline in revenues...
Manufacturing Aug 13, 2015 Rapaport News
De Beers U.S. Store
Global Diamond Jewelry Demand +3% in 2014
Global diamond jewelry demand rose 2.9 percent year on year to $81.4 billion in 2014, according to industry insight data published by De Beers on Friday. The research sets a new high for global demand, but also represents...
Retail Mar 20, 2015 Avi Krawitz
Polished Trading
Restoring Confidence
The diamond mining companies need to play their part to ensure profitability throughout the distribution chain. Therefore, the trade should be encouraged that a meeting of the top eight miners took place this month to discuss...
Polished Markets Mar 13, 2015 Avi Krawitz
PC Jeweller
PC Jeweller, Blue Nile Sign Collaboration Agreement
PC Jeweller signed an exclusive collaboration agreement with Blue Nile, PC Jeweller reported. The move indicates that the U.S. based online jeweler is looking to tap into India's large jewelry buying population.PC Jeweller explained that...
Financial-Legal Mar 08, 2015 Deena Taylor
Rio Tinto
Rio Tinto's Partnership Model to Drive Diamond Jewelry Growth in India
Press Release: Rio Tinto has underscored the importance of its strategic partnership in India in driving growth and future opportunities in the global diamond industry. Speaking at the World Diamond Conference in Delhi, Rio Tinto Diamonds'...
Marketing Dec 11, 2014 Rio Tinto
scott kay
Scott Kay Appoints Three New Executives
Scott Kay Inc. appointed Susan Chandler to the role of chief merchandising officer, named Tom Kennedy as the brand's chief commercial officer and selected John Croston as its chief supply chain officer. All three...
Manufacturing Aug 19, 2014 Jeff Miller
Sotheby's Hong Kong Presents 'Ballerina Butterfly' Brooch
Jewelry artist Cindy Chao collaborated with actress Sarah Jessica Parker to create a one-of-a-kind “Ballerina Butterfly” brooch, which Sotheby's will auction in Hong Kong with a presale estimate of $750,000 to $950,000. Proceeds from the sale...
Marketing Aug 13, 2014 Jeff Miller
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