Rounds doing well, with excellent demand for 0.08 to 0.14 ct. goods. Decent seasonal sales of heart shapes. OFAC determines that 1 ct. and larger Russian-source diamonds even if cut outside of Russia cannot be imported into the US after Mar. 1. Trade urged to support Rapaport US Diamond Protocol at rapaport.com/sanctions. De Beers 4Q production -3% YOY to 7.9M cts., sales -63% to 2.7M cts. India Jan. rough imports +43% YOY to $1.2B following Nov. and Dec. declines; Jan. polished exports -20% to $1.2B. Botswana allocates $65M to buy 24% of HB Antwerp. Kering reports double-digit 4Q sales growth at jewelers Boucheron, Pomellato, DoDo and Qeelin.

Leibish Polnauer discusses his professional journey with Rapaport’s editorial team, from a fluke that helped him launch his business to spending two years sourcing yellow stones for a Jacob & Co. watch.

There’s a wide array of holidays beyond the usual US stalwarts, and store owners should be tapping into that market.

Michael Robinson of David Michael Jewels recounts the artistic career that took him from designing mainstream creations to museum-worthy pieces.