What is the Rapaport team reading? The editors and reporters sat down to pick the content from around the web that’s helped expand their knowledge of the diamond and jewelry industry this week.
Gidon’s Selection: LVMH Takes Aim at $30 Billion Watch Market with High-End, Reinvented Pieces (CNBC)
“With a newly formed watch division, LVMH is doubling down on the global timepiece industry. What’s most interesting about this article is how the luxury giant’s 10 watch brands are innovating with materials and designs to grow its share of the market as global wealth increases.”
Gidon Ben-ZviDigital Content Manager
Leah’s Selection: Millennial ‘Watchfluencer’ On How the ‘Old Boys’ Club’ Got Disrupted by Status-Obsessed Gen Z: ‘A Lot More People Know What Wearing a Patek Philippe Says About You’ (Fortune)
“This was an interesting piece about how Gen Z is becoming more aware of name brands and status. That obsession is leading to the rise of young ‘watchfluencers’ and a surge in the market for luxury timepieces, disrupting what was once considered an ‘old boys’ club.’”
Leah Meirovich News Editor
“I knew diamonds could be useful for industrial purposes, but I had never heard of diamond dentistry as an opportunity for our industry. Dr. Thomas Connelly is the Los Angeles-based dentist who has reconstructed the mouths of celebrities using platinum, diamonds and porcelain veneers. This feature on how he does it and how he created his own job was as hilarious as it was engaging. (The article is behind a paywall.)”
Vanina PikholcPodcast and Video Producer
Joshua’s Selection: Letter to the BBC (National Diamond Council)
“The Natural Diamond Council (NDC), the UK’s National Association of Jewellers (NAJ), and the London Diamond Bourse (LDB) teamed up to pen a letter to the BBC, challenging its coverage of lab-grown diamonds on Dragons’ Den, a reality TV show in which entrepreneurs propose business ideas to potential investors. Kimaï, a London-based jewelry brand that uses lab-grown diamonds, made its pitch by referring to natural diamonds’ ‘unethical mining environment’ and ‘huge negative environmental impacts.’ The groups also called out the BBC’s own language on the show.”
Joshua FreedmanSenior Analyst
Taly’s Selection: Jewelry Trends That Are In and Out This Year, According to Jewelers and Stylists (Business Insider)
“Keeping up with trends, especially at the beginning of a new year, is key to excelling in a competitive market. This article gives very clear pointers on what’s hot, and what’s not.”
Taly CohnSocial Media Manager
Main image designed by David Polak.
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