Profit is the new turnover in the diamond trade. As retail inventory levels continue to shrink due to recession-driven efficiencies, the trade has had to change its mindset. No longer can diamantaires play the high-volume production game: ...
Tags: diamond trade, diamond
The India International Jewellery Show (IIJS), which took place in Mumbai this week, reflected a cautious local diamond and jewelry trade, even if sentiment was better than expected. Suppliers arrived with low expectations as a month-long ...
Tags: IIJS, Mumbai, diamond and jewelry trade, GJEPC, GST
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 ...
Tags: Diamond Supply, diamond mining
Polished diamond prices remained under pressure in February. Sentiment improved ahead of the Hong Kong International Diamond, Gem and Pearl Show taking place from March 2 to 6 but trading volume was low and liquidity tight in the ...
Tags: Polished Diamond, diamond prices
The U.S. consumer price index (CPI) for jewelry dropped 5.1 percent year on year to 161.75 points in December, which was about 4 points lower than November's reading and the lowest since July 2010. The average jewelry CPI for 2014 slipped 4 ...
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 ...
This was supposed to be the diamond decade. Back in 2010, De Beers executives were touting that the coming 10 years would bring unprecedented demand and growth to the industry. Almost halfway through, it feels anything but, especially for ...
Tags: Diamond Decade, diamond dealers
Blue Nile is being challenged by rising diamond prices, forcing the online jeweler to seek out growth in other areas. As diamond prices rise, eroding Blue Nile’s competitive advantage that its lower online prices offer, consumers will ...
Tags: diamond market, Blue Nile
The U.S. consumer price index (CPI) for jewelry declined 4.5 percent year on year to 171.97 points in July. However, the reading has been slowly inching higher since the index reached the lowest point of the year so far at 169.36 points in ...
Tags: Jewelry Price, Watches
Production by the world's largest diamond producer De Beers has been consistently going down past many years and as a result now India's DTC (Diamond Trading Company, rough diamond distribution arm of De Beers) sightholders are facing acute ...
The global diamond industry has been passing through a 'Transformation Stage' since the severe economic recession hit it in 2008. The diamond prices too have become highly volatile since then, and are expected to grow at an accelerated rate ...
With diminishing diamond production in the aging mines globally on one hand and ever-increasing demand world-wide on the other, the industry would struggle to keep pace during 2013 with growing consumption in emerging economies like India ...
Tags: Diamond, Miners, Growing Demand
The big news this week is the sale of famed jewellery and watch brand, Harry Winston, to the Swatch Group for $750 million plus their assumption of up to $250 million of pro forma net debt. Several analysts and industry observers see this ...
Tags: jewellery, watch, Harry Winston, diamond
The world diamond industry has reached to such a stage wherefrom it may see a downward trend in growth as the gap between demand and supply is widening every year. This is one of the major concerns being echoed by every leader everywhere. ...
Tags: diamond, diamond mining, rough diamonds, jewellery