About Sylvain Goldberg

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So far Sylvain Goldberg has created 208 blog entries.

Diamond market – a global update

What is the current state of the diamond market? Polished market improving, with suppliers selling at lower prices to generate liquidity. Rough trading cautious as high rough prices and weak polished continue to squeeze midstream profits. Shortages of top-make goods due to reduced manufacturing, but large inventory of leftover lower-quality diamonds. Chinese government reports retail sales +9% during 7-day Lunar New Year holiday. High-end luxury robust as Boucheron owner Kering sees strong growth in US and Asia. NRF (National Retail federation) expects jewelry to top list of Valentine’s Day gifts. Alrosa January sales -44% to $282M. Belgium January polished exports -4% to $777M, rough imports -33% to $727M. 

Lightbox Doing Its First Trunk Show, Los Angeles Pop-Up

Lightbox, De Beers’ much-talked-about lab-grown diamond brand, is continuing to make its presence felt in the non-digital world—with a trunk show this week on a cruise ship and a pop-up store next month in Los Angeles.

Omega Diamonds acquitted in lawsuit by Belgian customs (article published in January 2017)

Claims against Omega Diamonds by customs dismissed

LVMH watches and jewelry sales in 2018 up 12%

LVMH, the world’s luxury titan, announced strong results over the full year. The sale of LVMH watches and jewelry grew by a double-digit percentage.

Jewelry to Top Valentine’s Day Purchasing

US consumers plan to spend more than $20 billion on gifts this Valentine’s Day, with jewelry topping the list at nearly $4 billion, according to the National Retail Federation (NRF).

Sylvain Goldberg on the alpha and omega of the diamond industry

The Alpha and Omega of the diamond business history and some savvy expertise

Lucapa Angola Tender Rakes In $17M

image: Lucapa Diamond Company Lucapa Diamond Company sold $16.7 million worth of rough stones from its Lulo mine at the first diamond tender under Angola’s new sales rules.

ABN AMRO Diamond Outlook: Lab-Grown Stones to Enter Growth Phase

The diamond industry has moved from a relatively stable environment to a highly uncertain environment, with 2019 and the years ahead seeing lab-grown diamonds for jewelry entering a growth phase, said ABN AMRO Bank in a report.

6% increase in rough sales for ALROSA in 2018

ALROSA, the world leader in diamond production, announces the results of its rough and polished sales for December and its preliminary results for 2018. ALROSA’s rough and polished sales in December increased by 38% annually, $ 328.7 million. Rough sales reached $ 323.7 million, polished sales $ 5 million.

Miners Seeking Profits Beyond Rough

Some large diamond producers (miners) have been trying to conquer manufacturing and retail, but will independent businesses pay the price?