Market Pulse Market focused on jewelry retail as Christmas approaches. Brands targeting female self-purchasers and enhancing omni-channel platforms to drive growth. Diamond
In the era of fake news and synthetic diamonds, it was a matter of time before the two would meet. They did so recently in the form of editorials in the South China Morning Post (SCMP) and on the Russia Today (RT) TV channel, which took some cheap shots at the diamond trade.
Claims against Omega Diamonds by customs dismissed
Does the natural diamond suffer from a communication deficit? Jean Marc Lieberherr thinks so. This is why this connoisseur of the mining world, having spent several years as Managing Director at Rio Tinto (Anglo-Australian mining group, leading diamond mining company with De Beers and Alrosa) founded the DPA ( Diamond Producers Association) in 2015.
The holiday season in the United States has had a record debut, according to Black Friday and Cyber Monday sales figures. A record $ 6.22 billion was spent on Black Friday, according to Adobe Analytics, which tracks sales of 80 US retailers among the top 100.
The Alpha and Omega of the diamond business history and some savvy expertise
Belgium’s polished trade grew strongly in October, according to data from the Antwerp World Diamond Centre. Exports rose 17% amid a higher average price and steady volumes, reflecting trading in higher-value diamonds. Export value was up for the first 10 months of the year, also boosted by an increase in the average price.
India’s polished diamond exports climbed 19% by value in October amid a higher volume and average price compared with a year ago, according to data from the Gem & Jewellery Export Promotion Council. Exports are up 9% for the year to date as an 18% jump in the average price has offset lower volume, reflecting a shift toward higher-value goods. India’s net diamond account surged 50% over the 10 months as growth in rough and polished exports outpaced that of imports.
Not surprisingly, recent jewelry auctions and other items from the Bourbon-Parma family collection have been a success.
Image: Lesedi La Rona – Graff After more than a year of detailed analysis, cut and polishing by a team of experts, Graff Diamonds began to unveil the diamonds from the Lesedi La Rona and its 1.109 carats.