Lab also rolling out new comments clarifying impact of fluorescence.
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Respected industry figure contributed to several Rapaport features over the years.
Sales for full year up 7% to $2.26 billion.
The show reflected a split diamond market: Demand for long fancies and large round stones was solid amid slow trading in bread-and-butter goods.
Jewelry, watches, clocks and valuable gifts down 3.2% year on year.
Shops are in a Canadian province where company already operates, it says.
Company reports deficit of $25.2 million for full year.
1-carat RAPI down 0.3% in June.
7.3 million carats of Brazilian gems are going on the block as part of a court-ordered liquidation.
Indian jeweler plans to open more than 15 locations in North America over next 12 to 18 months.
Market Comment: July 3, 2025