Rubel & Ménasché, French diamantaire
News from the Diamond Industry
De Beers has announced the dates of its sights in 2016:Sight 1: Monday January 18 – Friday January 22Sight 2: Monday February 22 – Friday February 26
Diamond market overview The slump in the diamond market continued to weigh on sentiment. Traders reported slow sales in the dealer market due to the Diwali break in India.
New York - Luxury goods conglomerate Richemont now has a “director of entertainment”--an individual whose job it is to advise its brands on how to get their products on TV, in the movies and on the red carpet and to help them sign on celebrities as brand ambassadors.
Vancouver, B.C. - Lucara Diamond Corp. President and CEO William Lamb knew that it was either very good or very bad news when his phone rang at 1:28 a.m. Monday morning Vancouver time.
The Diamond Producers Association (DPA), the organization set up by ALROSA, De Beers, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporation, Petra Diamonds Ltd, and Gem Diamonds Ltd. to support the development of the diamond sector, has appointed creative agency Mother New York as its global strategic marketing partner.
If the cause is declining consumer share of wallet, then the effect is a sharp drop in rough sales. This means that we can expect rough diamond price reductions, fewer goods purchased at the December and January Sights, and bank financing to continue to be difficult.
The civil society coalition that traditionally participates in the Kimberley Process will sit out next year’s meetings in response to United Arab Emirates serving as 2016 chair.
Diamond market overview Traders reported a generally quiet week of trading over the past week. Volumes are expected to remain low during most of the month due to the Diwali holidays in India.
Here are some of this year’s biggest diamond stories:- De Beers is bringing back “A Diamond Is Forever.”- It’s also reviving its “Seize the Day” ads as part of a (quasi-)generic campaign.
Just imagine if she were to have a bat mitzvah. Hong Kong billionaire and fugitive from justice Joseph Lau reportedly purchased the two top record-setting lots at this week’s Geneva auctions.
Rubel & Ménasché's News
Come discover our company and its 60 years of history. Learn more about our one-of-a-kind inventory and the whole team dedicated to bespoke service. Responsiveness, expertise and high-end jewelry know-how are the foundations on which Rubel & Ménasché was built.