Swiss Watch exports fell in February as demand declined in all of the key markets, most significantly the US and Japan. Shipments of timepieces slipped 8% to CHF 1.98 billion ($2.25 billion) for the ...
China’s jewelry market is showing signs of improvement, though the US tariffs present fresh uncertainty, Hong Kong industry executive Lawrence Ma tells the Rapaport Diamond Podcast. Government ...
Transaction limits aimed at curbing money laundering are adding to the sector’s challenges amid a slump in demand from mainland China. The halls of the Hong Kong shows used to generate a different ...
The European Union is prepared to impose import tariffs on US goods, including diamonds, gemstones and metals used in jewelry making, in response to “unjustified” taxes President Donald Trump has ...
Jewelers of America (JA) presented accolades to Lux Bond & Green CEO John Green, FoundRae chief Beth Hutchens and Chanel at the 23rd annual Gem Awards last week in New York. Green received the ...
Signet Jewelers will shut stores and centralize its diamond buying amid a strategic overhaul, executives said following the US retailer’s quarterly results. The company is weighing the closure of up ...
Gem Diamonds’ revenue and profit rose for the full year as a higher proportion of large diamonds led to an increase in the average price. Revenue from the company’s Letšeng deposit in Lesotho grew 10% ...
Brilliant Earth’s sales slipped 4% year on year to $119.5 million in the fourth quarter as consumers increasingly opted for engagement rings that cost less than $5,000, driving down the average order ...
Sotheby’s will offer a 17.48-carat diamond ring at its upcoming Paris jewelry auction, where it is set to fetch up to EUR 500,000 ($546,106). The pear-shaped, G-color, VS1-clarity diamond ring is ...
US couples spent 5% less on engagement rings last year as lab-grown diamond center stones gained in popularity. Consumers who took part in a recent survey paid approximately $5,200 on average for ...
The Rapaport Group has scheduled its next trade mission to Sierra Leone for May 4 to 9, 2025, underscoring its commitment to ethical diamond sourcing and sustainable economic development. The ...
An 11.97-carat diamond ring is set to go under the hammer at an upcoming jewelry auction at Freeman’s | Hindman, where it could bring in up to $200,000. The ring, which features a pear brilliant-cut, ...