Small Diamonds Lead Price Gains in September
1-carat RAPI rises for second straight month.
Category: Shows
UAE event could replace Hong Kong as top trade fair for fall season, say exhibitors.
Real-estate crisis and import rules, as well as Shanghai typhoon, deterred mainland buyers.
Retailers at the fair were optimistic that consumers would continue to buy, while suppliers reported "very weak" sentiment.
Rapaport chairman emphasizes ethical sourcing and calls for better marketing, while guest speakers discuss industry’s positive impact and social media.
Will the show signal a turnaround in US diamond demand?
Designer pieces featuring colored gems do well at annual trade fair, as do contemporary bridal items.
Signed pieces and items by René Lalique were popular at the 70th annual art and antiques fair.
Statement diamond necklaces and big diamond earrings were the dominant theme, with pieces by Cartier, Bulgari and De Beers standing out.
Surging gold price has impacted sales in recent months.
Ten exhibitors display eye-catching vintage and contemporary pieces at New York fair.
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