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De Beers Looks to Long-Term Market Recovery Amid Drop in Sales
Fourth cycle total down 21% year on year and 15% from April.
Five Market Trends to Watch Out for at JCK Las Vegas
Will the show signal a turnaround in US diamond demand?
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Fourth cycle total down 21% year on year and 15% from April.
Rough
May 23, 2024
With parent company Anglo American ready to divest from De Beers, observers are raising questions about all that the influential diamond business offers.
Industry
May 21, 2024
Sale also featured 6.21-carat pink that netted $12 million.
Auction
May 15, 2024
Move is part of major changes to simplify parent company's portfolio and deliver growth.
Mining
May 15, 2024
Standard line of I to J stones will retail at $500 per carat.
Lab-Grown
May 12, 2024
Jewelry and Watch Trends: Rapaport Magazine Highlights
Rapaport Magazine Checks Out Trending Fancy Cuts
Consumers are exploring diamond shapes beyond the classic round brilliant, offering designers broader opportunities.
Industry
April 3, 2024
Geoff Hess of Sotheby’s Talks Vintage Timepieces
Face to Face: The auction house’s head of watches for the Americas reflects on the latest trends and connoisseurs’ most coveted models.
Watches
April 2, 2024
Today’s Signet Rings Are Moving Away from Monograms
Seals of approval: Personalized and one-of-a-kind styles are leading the pack, with designs that look to the future rather than connecting to the past.
Jewelry
April 2, 2024
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Market Comment - May. 23, 2024
US suppliers cautiously optimistic for Las Vegas shows, as jewelers have reduced inventories.
Indian market slow as dealers reduce buying.
Prices of round, 1 ct., D-J, IF-VS1 diamonds continue to drop. SI2 improving. Fancy shapes weak.
Reuters reports US govt. “has cooled on enforcing traceability” regarding Russian sanctions, with Signet lobbying against G7 Belgium solution.
Plans for sale of De Beers creating uncertainty.
Okavango May rough sales +84% YOY to $104M amid price drop in 3 gr. and larger sizes.
FY 2024 sales at Richemont jewelry maisons +6% to $15.5B.
De Beers and Signet to collaborate on natural-diamond marketing.
Israel bourse elects Nissim Zuaretz as president.