More jewelers and designers are launching unisex collections, expecting gender-neutral styles to be a “massive” trend this holiday season.
In this episode of the Rapaport Diamond Podcast, Rapaport Senior Analyst Avi Krawitz and Acting Editor Rachael Taylor discuss the move by several leading...
RAPAPORT... Petra Diamonds has extended its latest sale after experiencing “unusual market conditions” in certain rough categories, the miner said Tuesday in a trading update.The company noted “some buildup in inventory [in the industry] pre-Diwali.” This prompted it to delay the closing of...
RAPAPORT... India’s polished-diamond exports rose 12% year on year to $2.13 billion in September as a higher average price offset a drop in volume, according to recent data from the country’s Gem & Jewellery Export Promotion Council (GJEPC). Rough imports decreased during the month. This...
RAPAPORT... De Beers’ rough-diamond sales were seasonally lower in September as Indian factories prepared for the Diwali shutdown, the miner reported Wednesday.Proceeds came to $500 million at the company’s eighth sales cycle of the year, which included the sight that ran from September 19...
RAPAPORT... Israel’s diamond shipments jumped sharply in September, reflecting annual variation in the timing of the Jewish holidays as well as the return of the main Far East trade show.Polished exports more than doubled to $420 million from $197.5 million a year earlier, the country’s...
RAPAPORT... The European Union is proposing a fresh package of restrictions on Russian goods but is leaving diamonds untouched, according to the Politico news website.The new sanctions ban imports of several steel products and outlaw the export of certain semiconductors to Russia, the outlet...
Customers left almost half of the diamonds on the table at the latest Trans Atlantic Gem Sales (TAGS) rough tender as the weak market dented demand, the Dubai-based company reported.TAGS presented rough worth $25 million at the smaller-than-usual tender, which took place in Dubai’s Almas Tower...
RAPAPORT... Retail jewelers must give a more honest account of the contribution natural diamonds make to communities and the environment or risk having mistruths embedded in the consumer psyche, industry analyst Kieron Hodgson cautioned on the Rapaport Diamond Podcast.
“Retail outlets...