Rapaport Magazine Shifts Focus to the Holidays
The September issue looks at the spending trends, gemstones, and styles shaping retail shopping this festive season.
Category: Industry
State trader Okavango says it planned sale in advance and chose to withhold goods for market management purposes.
The September edition analyzes why US-based diamonds are more expensive than those in India and how the tariffs have introduced extra volatility.
Sale aimed to raise revenue for country amid weak demand for diamonds.
One-third of US jewelers say overall revenue at start of season up year on year, according to Rapaport survey.
AGTA in discussions with American government to nix gemstone levies as well.
If deal goes through, it could include full exemption from import and export duties and currency restrictions, as well as from personal taxes.
Overall shipments down 17% year on year in August.
Let us know what consumers want and how sales are looking at your store.
Actress Antonia “Toni” Gentry features in Signet-owned brand’s campaign.
Pieces from De Beers, Tiffany & Co., and Boucheron grace the red carpet.
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