Alrosa Halts Sales as Diamond Glut Persists
Miner calls for “reciprocal effort” to tackle imbalance of supply and demand.
Spotlight on Sustainability: Where Jewelry and Ethics Interact
Latest Rapaport supplement delves into environmental and sourcing issues facing the trade.
Spotlight on Sustainability
The Dirt on Greenwashing
Hiding unethical practices behind a veneer of sustainability is a serious issue in the luxury sector.
Social Responsibility
May 2, 2023
AGTA Calls for Ban on Term ‘Recycled’
Association submits recommendations to Federal Trade Commission for “Green Guides.”
Social Responsibility
May 7, 2023
Brands Still Have a Long Way to Go in Their Sustainability Quest
Purpose and profit: The costs of not embracing ethical practices are rising.
ESG
April 3, 2023
Sustainability in a Rapidly Changing World: A 2023 Perspective
Responsible sourcing efforts must focus on leaving no one behind.
Social Responsibility
March 6, 2023
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Miner tested out different cost options during trial of Lightbox engagement rings.
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September 18, 2023
Limited-edition collection features mixture of synthetic and natural stones.
Lab-Grown
September 14, 2023
Miner brings back “A Diamond Is Forever” tagline.
Lab-Grown
September 13, 2023
Five defendants used businesses as front to transfer more than $600 million since 2019, says US Department of Justice.
Legal
September 10, 2023
The situation in the diamond markets is serious. The real diamond market is shrinking.
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September 7, 2023
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Market Comment - Sep. 21, 2023
Hong Kong show slow. Chinese buyers cautious in weak economy. Indian attendance low due to festivals and market slump.
G7 mulls ban on Russian diamonds. US sanctions Grib. Indian trade nervous as Ukraine govt. agency names SRK as “war sponsor”; company denies claim.
Alrosa cancels Sep. and Oct. sales to ease oversupply. De Beers keeps rough prices steady at Sep. sight, with secondary-market buyers bidding -20% on some boxes.
Petra FY revenue -42% to $325M, loss of $102M vs. profit of $88M last year.
Mastercard predicts holiday jewelry sales -0.3%.
Rapaport offices will be closed on Monday, Sep. 25, for the Yom Kippur holiday.
Rapaport “Trade Warning” webinar to be released next week.