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The 73rd Annual Golden Globe awards held yesterday (Sunday) at the Beverley Hilton Hotel, showed the fashion statement seemed to be for diamond statement pieces in the form of striking earrings and stackable rings.
The Gem and Jewellery Export Promotion Council (GJEPC) has reported that according to a study undertaken by the Associated Chambers of Commerce and Industry of India (Assocham), the Indian luxury goods market is predicted to grow by up to 25 percent in 2016.
The European jewellery industry has been waiting for this winter season with a mixture of expectations and fear. 2015 is, according to consumer forecasts, a key year. The European Union is now out of the crisis, and bound to a low and steady growth in the long term.
New York – It’s going to be an exciting year in jewelry design. Trends have been taking new and innovative turns, and now spread across the country faster than ever
Rapaport’s widely read Rapaport Weekly Market Comment is a carefully considered statement reflecting the Rapaport Group’s view on the market and important trends influencing the diamond trade during the previous week.
Tiffany & Co. topped a ranking of jewelry and watch brands’ digital performance carried out by business intelligence company L2.
Millennials are almost twice as likely as non-millennials to have bought diamond jewelry as a holiday gift, according to a survey carried out by the Diamond Producers Association (DPA).
The world has been watching in anticipation as the newest installment of the Star Wars franchise has hit cinemas around the world. The power of the Star Wars brand has exploded in recent years to the point where the movies themselves have somehow become secondary to the growing maturity of the brand.
What a horrible year it was. Miners, traders and retailers will remember 2015 as the year of lost capital, walking on the cusp of bankruptcies, lost opportunities and diminishing value of diamonds. How did it happen, could it been avoided and what lessons can be drawn from it – short term and long?
Now that 2015 is coming to an end, mining companies are reportedly preparing to reduce rough diamond prices in January. Having held off from doing so in the fourth quarter of this year, the industry may be missing an opportunity to capitalize on an expected seasonal improvement in polished demand at the beginning of 2016.
Rough diamond producers will have to slash prices further as a 28 percent slump from a peak in 2014 may be insufficient to revive demand, according to Moody’s Investors Service.
Ramat Gan, Israel – The Israel Diamond Exchange has elected Yoram Dvash as its new president. He succeeds incumbent President Shmuel Schnitzer, who served one two-year term.