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 21, 2019
Appointments: JSA, Jewelers Mutual, Royal Asscher
Three industry members have found homes in executive positions at Jewelers’ Security Alliance (JSA), Jewelers Mutual Insurance Group and Royal Asscher…
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…
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…
January 20, 2019
Ex-Leo Schachter Exec to Head Alrosa US
Alrosa has appointed Rebecca Foerster as president of its US operations, a role in which she will work on developing…
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…
January 19, 2019
Stornoway Prices Drop Amid India Slowdown
Stornoway Diamond Corporation’s sales fell in the final three months of last year as weakness in the Indian market dented…
January 17, 2019
Rapaport TradeWire January 17, 2019
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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…
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…
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%…
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…
