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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 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.
Jewelry is one of three categories in the luxury sector expected to see solid growth in 2019, as domestic consumption in China and the US increases, according to Bain & Company.
During last year’s holiday season, sales of smartwatches outpaced those of traditional watches in the United States for the first time ever, according to respected watch industry tracker the NPD Group.
As rain fell for about five minutes on the typically sunbaked Las Vegas strip on the opening day of the JCK show, one couldn’t help but sense things might be a bit different this year.
Tracr, the blockchain platform originally launched by De Beers, aims one day to track almost every natural diamond from the mine to the retail counter, chief executive officer Jim Duffy told at an interview during JCK Las Vegas.
Press release – “Dear friends, In a business where the overwhelming majority of end-consumers are female, women in the diamond sector are remarkably under-represented
Press release – Ahead of the KP Intersessional Meeting in Mumbai: Considering an interdependent value chain, where risk is not equally distributed,
When Signet jewelers’ (NYSE: SIG) e-commerce subsidiary James Allen began offering man-made diamonds in May, the company added an additional search tab to the site: “Earth-created diamonds” or “Lab-created Diamonds.”
When hit, we instinctively flinch. Close our eyes for a moment, crunch, and maybe turn sideways a little. But in a fight, that is the wrong thing to do. You’ll get hit, suffer and lose.
Forevermark will put its marketing dollars behind bridal this year, running an ad campaign designed to reflect “modern” love and supplying jewelers with what they’ve asked for—a line of smaller, lower-priced engagement rings.
The recent moves by the U.S. Federal Trade Commission (FTC), including its letters urging some companies to abide to the revised edition of FTC Jewelry Guides and the explanations from FTC attorney Robert Frisby posted on the FTC website were widely perceived as a game changer in promoting lab-grown and natural diamond goods in the […]