Industry Trends

IA Technology is Reinvigorating Chinese Suppliers
Apr 15, 2021
Since 2020, intelligent automation (IA) technology has been quickly adopted by some Chinese companies as the owners view it as a weapon to recover their business and become more resilient. In the past, IA was considered as a ‘nice to ...

Tags: IA Technology
Diamond Story of The Year: Return of Generic Advertising
Feb 6, 2016
Star Wars was not the only force making a come-back in 2015. The return of generic advertising brought with it a promise of increased profitability for the diamond trade. Even as numerous stories reflecting pain in the industry vied for our ...

Tags: Star Wars, diamond
Synthetic Diamonds: Legitimize, Don’t Ostracize
Oct 27, 2015
Traders of mined diamonds are divided over how to best respond to the growth of their laboratory-grown counterparts. Last week, India’s Bharat Diamond Bourse (BDB) became the second exchange to ban trading of man-made diamonds, ignoring a ...

Tags: man-made diamonds, Bharat Diamond Bourse
A Sustained Diamond Supply Surplus
Sep 15, 2015
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply glut. ...

Tags: Diamond Supply, diamond mining
The Diamond Is Forever Advertising Campaign Will Easily Resonate with Millennials
Jul 6, 2015
For those thinking that the Diamond is Forever advertising campaign will easily resonate with millennials, think again. De Beers has a lot of work to do before it relaunches the iconic slogan in late September, as part of Forevermark U.S. ...

Tags: dimond story telling, dimand industry
U.S. Specialty Jewelry Store Sales Fell 2.4% to $2.221 Billion in April
Jun 17, 2015
U.S. specialty jewelry store sales fell 2.4 percent year on year to $2.221 billion in April, according to government calculations. The decline at specialty stores was more pronounced than the sector as a whole, as jewelry and watch sales ...

Tags: jewelry store, Jewelry
The Diamond Market Is Slowly Becoming More Disciplined
May 12, 2015
The diamond market is slowly becoming more disciplined. It needs to. With high rough prices, declining polished, less available credit and lower retail inventory levels, it has become increasingly difficult for diamantaires to turn a ...

Tags: diamond market, diamond industry
U.S.Jewelry and Watch Sales Across All Channels Fell 1.7 Percent Year on Year
May 12, 2015
U.S. jewelry and watch sales across all channels fell 1.7 percent year on year to $5.386 billion in March, as estimated from preliminary government figures. According to Rapaport News calculations, jewelry sales dropped 1.5 percent to ...

Tags: jewelry, watch sales
U.S. Consumer Price Index for Jewelry Dropped 3.5 Percent
Apr 27, 2015
The U.S. consumer price index (CPI) for jewelry dropped 3.5 percent year on year to 165.6 points in March, which was basically unchanged from February. Comparatively, the CPI for watches was basically flat, or up 0.2 percent year on ...

Tags: U.S CPI, watches
U.S. Online Retail Sales for The Christmas Season Rose 15% Year on Year to $53.3 Billion
Jan 8, 2015
U.S. online retail sales for the Christmas season, from November 1 to December 31, rose 15 percent year on year to $53.3 billion, according to comScore Inc. Cyber Monday, December 1, ranked as the heaviest online spending day of the year ...

Tags: Online Christmas Retail, desktop buying, Arts
Keep an Eye Open for The Stories and Trends That Expected to Shape The Diamond Market
Jan 5, 2015
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011. Therefore, there is understandably some uncertainty about ...

Tags: manufacturers ability, generic marketing, Arts
U.S. Jewelry and Watch Sales Across All Channels Rose a Preliminary 1.4 Percent
Dec 24, 2014
U.S. jewelry and watch sales across all channels rose a preliminary 1.4 percent year on year in November, the month that marks the beginning of the Christmas-shopping season. While the increase was disappointing, compared with the ...

Tags: Jewelry, Watch, Arts
The World Diamond Conference That Took Place Last Week in New Delhi
Dec 22, 2014
The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...

Tags: Diamond Trade, Arts
U.S. Jewelry and Watch Sales Combined Fell 0.6 Percent Year on Year to $5.461 Billion
Dec 1, 2014
U.S. jewelry and watch sales combined fell 0.6 percent year on year to $5.461 billion in October, according to preliminary estimates by Rapaport News. While the data is subject to several revisions, it currently marks the first monthly drop ...

Tags: Jewelry, Watch, Arts
The Fourth Quarter Is Traditionally a Slow Period for The Diamond Trade
Dec 1, 2014
Believe it or not, the fourth quarter is traditionally a slow period for the diamond trade. That may be a stark realization for some, especially on the eve of Thanksgiving weekend that signals the start of the Christmas shopping season. ...

Tags: diamond trade, Arts