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Who Makes What in the Industry, and This Week’s Other News

March 7, 2024  |  Rapaport News
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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: Want Insight into Industry Salaries? Check Out This Careers Guide
(National Jeweler)

“If you’re thinking about a career change, this piece is full of interesting insights into professional opportunities the jewelry industry is offering. The handy guide includes detailed salary information for positions like bench jeweler, appraiser, sales professional, and executive-level roles. If you’re talented and ambitious, a career in jewelry could be just the thing for you.”
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Gidon Ben-Zvi

Digital Content Manager

Joshua’s Selection: Target Joins Crowd of Big US Retailers Seeking Store Expansion (Reuters)

“The jewelry industry should watch this trend. Some large US retail chains are opening new stores again, reversing a wave of downsizing that the Covid-19 pandemic exacerbated. Consumers appear to enjoy visiting physical locations to pick up orders or grab a coffee.”
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Joshua Freedman

Senior Analyst

Leah’s Selection: Gen Z and Millennials Aren’t Buying Lab-Grown Diamonds Because They’re ‘Sustainable’ Says Pandora CEO, They Only Care About Price and Design (Yahoo! Finance)

“The battle between the natural and lab-grown diamond industries can be fierce. Quite often, synthetics producers have labeled their goods as the better option because they say they’re more sustainable, which is something they believe younger consumers care deeply about. However, according to Pandora’s CEO, Gen Z-ers and millennials buy lab-grown more out of concern for saving money, and the claims of sustainability, if true, are merely a bonus.”
Leah Meirovich Weekly Gems USED 030524

Leah Meirovich

News Editor

Vanina’s Selection: Diamonds, Design, Direction: Women Leading the Luxury Jewelry Industry (Luxuo)

“Chopard, Graff, Piaget, Fred, Buccellati, Dior, Boucheron, Cartier, Bulgari… the list of jewelry brands with women in key positions goes on. There is no message we should promote more during International Women’s Month (which started this week) than the deep understanding, knowledge, creativity and experience female leaders bring to the companies they work for. This month’s goal is not to sell us more, it is to show we are business leaders and profit-makers as much as the men. And highlighting that is the responsibility of the entire industry.”
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Vanina Pikholc

Podcast and Video Producer

Taly’s Selection: #NitaAmbani Wore a $6.5 MILLION Historical Diamond to Her Son’s Pre Wedding (Jewels With Jules)

“This TikTok is a rundown of billionaire Nita Ambani’s jewelry, focusing on her son’s upcoming wedding. The internet is talking about the Ambani wedding extravaganza for a reason, so be sure to check out these outstanding jewels, and how much they’re worth.”
Taly Weekly Gems USED 030524

Taly Cohn

Social Media Manager

Main image designed by David Polak.

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