Program aims to educate young consumers about mined stones’ positive qualities.
Higher average price outweighs slump in volume.
Stone was estimated to fetch up to $15 million in Geneva.
Sales up at Indian manufacturer’s diamond and jewelry divisions.
Kering-owned brand plans to use Costanzo & Rizzetto to improve its manufacturing capabilities.
The second edition of the Swiss show this year enjoyed a jump in traffic, which bodes well for the top-tier gemstone and jewelry market.
Early projections for the US holiday season are upbeat, but that sentiment hasn’t filtered through to the rest of the diamond market, Rapaport’s editorial team observed.
Website now listing synthetic stones larger than 4 carats.
Weakened Canadian dollar weighs on earnings despite boost in revenue.
Sale price hits just above lower end of estimate.
Some 152 businesses shut in third quarter, according to JBT.