Net-a-Porter debuts new high-end jewelry site
Today, e-tailer Net-a-Porter is launching EIP Privé, an invitation-only site that will offer high-end jewelry and watch brands.
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Tariffs, taxes top JA Washington agenda
A delegation from Jewelers of America (JA) has met with US lawmakers and congressional staff to discuss trade and tax concerns affecting its members.
Why the market for large diamonds is in free fall ? 4 factors are driving the slowdown
As the who’s who in the glitzy world of high-value diamond auctions gathered in Geneva in May, there was an understated tone to this year’s pilgrimage to the Swiss city.
China will not surpass US in retail sales due to trade conflict
MarketWatch.com reported that “China is unlikely to surpass the U.S. in retail sales this year as previously expected thanks to the damaging effect of the current trade conflict between the two powers, but that milestone is likely to happen in 2021.“
The diamond business starts to embrace traceability
It’s become clear: Consumers want firm guarantees that their diamonds are not associated with bad things. So do governments. And the industry is—perhaps belatedly—stepping up its efforts to offer that. Transparency and tracking have suddenly become “in.”
De Beers cuts prices as rough sales slide
De Beers’ rough-diamond sales slumped to a 20-month low of $390 million in June amid weak sentiment in the manufacturing sector.
Trump’s tariffs taunting to Indian diamond industry
Following the United States’ decision – by means of a decree by President Donald Trump- to withdraw benefits under the Generalised System of Preference (GSP), the price of polished diamonds exported by India to the US will increase with seven to eight percent, according to rating agency CRISIL.
Mughal Magnificence: Christie’s auction nets $109M
Christie’s sale of historic Indian jewelry and art was expected to be big, and it did not disappoint.
Gold price hits highest level in over 5 years
Are we on the verge of the gold rush—the sequel?
Lifting the artisanal stigma
The wider diamond world is engaging with the small-scale mining sector and taking steps to encourage better standards.
Why the diamond midstream is feeling “stuck”
The midstream of the diamond industry is feeling a bit glum right now, Rapaport senior analyst and news editor Avi Krawitz said during a seminar on “Surviving a Turbulent Diamond & Jewelry Market,” held as part of the JCK Las Vegas educational program on May 30.
Lightbox drops some very trendy new lab-grown diamond styles
Lightbox Jewelry, the De Beers–owned lab-grown jewelry brand that’s set the low price bar for lab-created diamonds ($800 per carat), debuted a handful of trendy new jewelry styles at this year’s Luxury show in Las Vegas.