The month of May usually sees a seasonal rise in sales at US jewelry stores. Polished-diamond imports into the country also tend to spike, but perhaps for a different reason. What’s behind the data, and how will Mother’s Day fare in this period of uncertain consumer sentiment? Rapaport Senior Analyst Joshua Freedman reports.
Will the May Sales Bump Be Softer Than Usual?
More Stories
Namibia Authorities Investigate Allegations About Corruption in Diamond Sector
Brilliant Star denies activist’s allegations about it; De Beers terminates company’s sight following separate review.
Shai Schnitzer Becomes Third Generation of Family to Head IDE
His grandfather, Moshe Schnitzer, and father, Shmuel Shnitzer, both served as president.
Romanov Sapphire Sails Past Estimate to Score $5M at Sotheby’s
Auction house originally predicted Cartier bracelet would bring in up to $2 million.
