NEWS

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    January 21, 2019

    India Trade Slows in December

    India’s polished exports fell in December, according to data from the Gem & Jewellery Export Promotion Council (GJEPC). However, shipments for…

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    January 20, 2019

    Rio Tinto 2018 Production Declines

    Recovery of lower-grade ore at Rio Tinto’s Argyle and Diavik mines led to a 15% drop in the company’s diamond production…

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    January 20, 2019

    China Troubles Dent Luk Fook Sales

     Luk Fook’s same-store sales dropped 10% in the third fiscal quarter amid economic weakness in greater China.The depreciation of the Chinese…

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    January 20, 2019

    Tourist Slump Damages Tiffany’s Holiday

     Sales at Tiffany & Co. fell during the holiday season, amid reduced spending by Chinese tourists, while economic uncertainties affected demand in…

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    January 17, 2019

    Rapaport Weekly Market Comment

    Trading relatively quiet as jewelers begin restocking after holiday season. Top-tier independents and luxury retailers outpacing large jewelry chains: Signet Jewelers Nov./Dec…

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    January 17, 2019

    India: Manufacturers Remain Cautious

    Activity slower than usual for January. Dealers focused on China and Hong Kong for Chinese New Year period. Domestic demand steady as…

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    January 17, 2019

    Signet Holiday Revenues Disappoint

     Signet Jewelers’ sales fell during the holiday season, prompting the retailer to lower its full-year outlook. Total revenue dropped 2.5%…

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    January 17, 2019

    US Jewelry Trade Continues to Shrink

     The US jewelry industry downsized further last year, as bankruptcies and closures outnumbered new arrivals to the sector, the Jewelers Board…