Petra Diamonds has reduced its rough-pricing forecast for the remainder of the fiscal year as it grapples with continued weakness across most of its size categories. The miner now expects prices for ...
The New York Magnificent Jewels sales at Sotheby’s and Christie’s featured some eye-catching diamonds and gemstones that fetched millions of dollars. We look at the top-grossing lots from those ...
The fast-growing estate market is capturing the hearts of eco-conscious shoppers who want to stand out from the masses. As Gen Z and Millennial consumers increasingly eschew machine-made, ...
De Beers has stripped around 10 sightholders of their rough-diamond allocations for 2025 and is planning to offer fewer goods overall, market insiders told Rapaport News on Sunday. Those companies ...
There is a perfect storm brewing around estate jewelry right now, which is why we’ve dedicated the final Rapaport Magazine issue of 2024 to this exciting segment of the industry. As you will read in ...
Alrosa’s output for the full year dropped 4.6% from 2023 as it cut back amid sanctions, waning demand and depressed rough prices. The Russian miner produced 33 million carats for the year, down from ...
Jewelers of America (JA) will present luxury brand Chanel with a GEM Award for High Jewelry Excellence. JA will give the accolade, which it awards to a brand for excellence in high-jewelry design for ...
The European Union has given the green light for a grant of EUR 81 million ($84 million) to support Diamond Foundry’s establishment of a facility in Spain that will produce rough for industrial ...
Signet Jewelers is suffering from weaker bridal demand than it expected. But sales of fashion jewelry rose in the third fiscal quarter. Lab-grown diamonds were central to that performance. How is the ...
Formerly an intern at Louis Vuitton, the now-Natural Diamond Council exec says good mentors and a drive to succeed helped get her where she is today. The pandemic was a derailing moment for many of us ...
Tiffany & Co. has acquired a storied piece of its own history with the purchase of an 18-karat gold pocket watch with ties to the 1912 Titanic voyage. The watch, bought at auction in the UK, went for ...
More than 157 million US consumers plan to shop on the final Saturday before Christmas, a rise of approximately 15 million people from 2023’s forecast, according to a National Retail Federation (NRF) ...