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: At More Affordable Retailers, Men’s Jewelry Is Booming (Yahoo!)
“I chose this article because it spotlights a change in the industry for an increasingly popular trend: men’s jewelry. For the last few years, men have ventured past the traditional watches, cufflinks and wedding bands to explore more fashion-forward styles. However, the availability of this jewelry has now moved from niche high-end brands to less expensive, larger retailers, highlighting its growth trajectory, and where the trade is moving.”
Gidon Ben-Zvi
Digital Content Manager
“Hong Kong’s polished-diamond trade has remained stable despite the weakness in Chinese demand, Avi Krawitz points out. Some useful context as the important Hong Kong shows begin.”
Joshua Freedman
Senior Analyst
Leah’s Selection: Former CEO of Jewelry Seller Linked to Bank Scandal Sued to Undo Real Estate Deal (The Wall Street Journal)
“More than five years after Nirav Modi’s arrest for defrauding India’s Punjab National Bank of over $2 billion, the repercussions of his crime still resonate. The trustee responsible for liquidating the company’s assets is suing the former CEO of his wholesale jewelry business, Firestar Diamond, who is also accused in the case. According to the suit, Mihir Bhansali transferred property worth more than $7 million to his wife “days” after the company filed for bankruptcy to place the funds outside the reach of his creditors. (This article requires a subscription.)”
Leah Meirovich
News Editor
Vanina’s Selection: Elizabeth Taylor’s Enduring Impact on Natural Diamond Jewelry Style
(Only Natural Diamonds)
“In the week in which Elizabeth Taylor would have turned 91, this piece reflects on her obsession with diamonds and how her legacy lives on in many influencers’ and celebrities’ connection to them. I very much look forward to watching the three-part documentary series Kim Kardashian is producing about her.”
Vanina Pikholc
Podcast and Video Producer
Taly’s Selection: Van Cleef Gala Night (Chloe L.)
“This video shows highlights of the Van Cleef & Arpels high-jewelry gala, from the point of view of a young TikToker who attended the event. The TikTok format makes the video absolutely beautiful, and extremely sophisticated, much like the gala itself, of course!”
Taly Cohn
Social Media Manager
Main image designed by David Polak.
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