3 predictions for the jewelry business in 2019 and beyond
At the conclusion of last week’s 2018 GIA Symposium, I looked at my laptop and realized I’d taken 23 pages of single-spaced notes starting the moment the three-day event kicked off on Oct. 7.
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China positive amid short-term uncertainty
So far, 2018 has been a positive year for the diamond trade, with the US and China, the two largest diamond-jewelry markets, showing steady growth. In fact, in China, the jewelry-retail sector has experienced positive results after three years of decline.
The Diamond Industry – Is 2018 shaking up the diamond industry?
Will the year 2018 be a watershed movement for the diamond industry? Neither better nor worse than any other, it does however seem to be bringing great changes or renewal. With De Beers leading the way—and that is certainly not revolutionary—the diamond industry is taking its destiny in its hands. Half way through the year, […]
Millennials, Gen Z account for two-thirds of diamond jewelry sales
Diamond jewelry sales last year reached a record $82 billion high in 2017, with much of the purchasing coming from young consumers, according to De Beers Group’s latest Diamond Insight Report.
The US jewelry market is much smaller than you think
Anyone who has ever done a back-of-the-envelope calculation of the US fine jewelry market in the past few years arrived at figures that were far below the official numbers published by the US government.
In the first half of 2018, consumers searched for …
In April, I relayed the results of GemFind’s first annual report aggregating data from the jewelers’ websites that the company manages; the report told us what diamonds consumers were clicking on the most—though not necessarily buying—when browsing jewelry online.
India to surpass US in 2018 jewelry sales
India will overtake the US as the second-largest market for fine jewelry, behind China, by the end of 2018, according to researchers at Euromonitor International.
Upbeat figures across the diamond pipeline gives mid-year cheer
Looking at news reports this week, one standout trend appears to be the strength of the diamond market currently.
Tiffany & Co. tops luxury ranking list among US consumers
Tiffany & Co. is the top luxury brand in the United States, according to a recent study among consumers.
2018, a year for transparency and other perspectives
So? Where are we headed? Will this be a year of renewal, with huge margins and an increasing sense of security?
Did a troubled 2017 promise growth in 2018?
Is the diamond industry moving forward? Is it on a growth track? Is it taking steps that would lead it to capture market share from other luxury goods, greater share of wallet, or at least improve its margins?
2017 global diamond report key takeaways
The Antwerp World Diamond Centre (AWDC) and Bain & Company have released their seventh annual global diamond report, covering 2016 and the first half of 2017.
