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Jewelry Prices
U.S. Jewelry Price Inflation -5%, Watches -1%
The U.S. consumer price index (CPI) for jewelry declined 4.5 percent year on year to 170.83 points in June. However, the reading was a touch higher than the index for both May and April....
Manufacturing Jul 22, 2014 Jeff Miller
De Beers Logo
De Beers Updates Rough Allocation Process for Sightholder Sales
Press Release: The De Beers Group of Companies updated the model for the allocation of rough diamonds by global sightholder sales in respect with the March 2015 to March 2018 contractual period.Around 90 percent of De Beers rough diamond...
Rough Markets Jul 22, 2014 De Beers
Panama Diamond Exchange
Panama Diamond Exchange's President to Visit India & New York
Press Release: With more than 40 of the 59 available offices in the first phase of the Panama Gem & Jewelry Center already accounted for, Erez Akerman, the president of the Panama Diamond Exchange, is visiting the...
Polished Markets Jul 22, 2014 Panama Diamond Exchange
ALROSA's Udachniy mine
Global Diamond Production +11% to $14B in 2013
Global diamond production by value rose 11 percent year on year to $14.09 billion in 2013, due mainly to an increase in the average price of rough diamonds, according to annual data published by the Kimberley Process Certification Scheme. By volume, global...
Mining Jul 22, 2014 Avi Krawitz
Rio Tinto
Bunder Project’s Education Initiatives Deliver Strong Results
Press Release: Rio Tinto’s Bunder project in the central Indian state of Madhya Pradesh is delighted to announce the results of a number of educational initiatives aimed at improving opportunities for families in the 15 communities surrounding the diamond project....
Mining Jul 22, 2014 Rio Tinto Diamonds
design awards
WJA Awards $16K in Scholarships to Eight Students
The Women's Jewelry Association (WJA) awarded $16,000 in scholarships for the 2014 to 2015 school year to eight students in undergraduate and graduate degree programs for jewelry and metalsmithing. Annual scholarship funds are raised...
Marketing Jul 21, 2014 Jeff Miller
ppr gucci
Sofisti to Head Gucci Watches & Jewelry
Luxury retail giant Kering restructured its jewelry and watch division and appointed Sowind Group's CEO, Michele Sofisti, to the role of CEO of Gucci watches and jewelry beginning October 1. Kering will appoint a new...
Retail Jul 21, 2014 Jeff Miller
bovet
Bovet Partners With Asprey in London
Press Release: It was on the first day of May in 1822 that the name of the Bovet House was registered for the very first time in London. Nearly two centuries later, Bovet is pleased to announce the...
Watches Jul 21, 2014 Bovet 1822
ArtCarved engagement ring
ArtCarved Creates 'Live for the Moments' Campaign
Press Release: ArtCarved announced the launch of its fall 2014 “Live for the Moments” multichannel campaign, a new, fresh and upbeat campaign that celebrates authenticity and features real couples, true emotions and...
Manufacturing Jul 21, 2014 ArtCarved
alex ani store
Alex & Ani May Sue BJ's, Others Over Jewelry
(RAPAPORT) Associated Press: Fashion jewelry maker Alex and Ani has been given the go-ahead by a federal judge to sue BJ's Wholesale Club and others over $1 million worth of charm bracelets it says it was tricked...
Financial-Legal Jul 21, 2014 Associated Press
Press Release
First RapNet Symposium to be held in Ft. Lauderdale
PRESS RELEASE: RapNet – The Rapaport Diamond Trading Network -- will be hosting the first RapNet Symposium at the W Hotel in Fort Lauderdale, Florida on September 7 to 8, 2014. The symposium is open to all members of the diamond and jewelry...
Polished Markets Jul 21, 2014 Rapaport
IIJS 2014 Sign
Slow IIJS Show Reflects Cautious Yet Optimistic Indian Market
The India International Jewellery Show (IIJS) ended on Monday with diamond suppliers reporting relatively low volume of trading and some softening of prices for select goods. The show began on Thursday, July 17 with visitors...
Polished Markets Jul 21, 2014 Avi Krawitz
tiffany small
Kowalski to Retire in 1Q, Tiffany Appoints Cumenal as Next CEO
Michael J. Kowalski, the CEO of Tiffany & Co., intends to retire on March 31, 2015. Kowalski, who has been a member of the company's board since 1995, will continue to serve as a non-executive chairman. The board has...
Retail Jul 21, 2014 Jeff Miller
India Jewelry Consumer
Designer Jewelry Popular at IIJS 2014
Exhibitors observed less foot traffic for the first two days of the India International Jewellery Show (IIJS); however, as is often the case, traffic picked up somewhat on the third day. "That has always been...
Manufacturing Jul 21, 2014 Zainab Morbiwala
ALROSA's Udachniy mine
ALROSA's 2Q Production -16%
ALROSA’s diamond production fell 16 percent year on year to 8.043 million carats in the second quarter that ended on June 30. The company noted the decline resulted from planned annual maintenance at processing plants at its...
Mining Jul 21, 2014 Deena Taylor
Alrosa rough
Rio Tinto CEO Says World Looking to India for Diamonds
(RAPAPORT) Times of India: The CEO of mining giant Rio Tinto, Sam Walsh, said the world was looking at India for diamonds, stressing that the country has a lot of potential in the absence of fresh finds...
Mining Jul 20, 2014 Times of India
Shmuel Mordechai
Too Many Dealers, Not Enough Polishers in Israel Diamond Industry
The diamond controller is the public servant in charge of Diamond, Gemstone and Jewelry Administration of Israel’s Economy Ministry. The administration is a special division tasked with supervising the diamond and jewelry industry and enforcing government...
Polished Markets Jul 20, 2014 Rapaport News
ubm media
Japan Jewelry Fair 2014 Opens August 26
The Japan Jewelery Fair 2014, organized by UBM Japan Ltd. and the Japan Jewelery Association will be held August 26 to 28 at the Tokyo Big Sight Exhibition Center, East Halls 2 and 3. Show organizers anticipate more...
Marketing Jul 18, 2014 Jeff Miller
gahcho kue
Gahcho Kué Signs Benefit Agreement With Lutsel K’e Dene First Nation
De Beers Canada Inc., Mountain Province Diamonds and the Lutsel K’e Dene First Nation entered into an impact benefit agreement for the proposed Gahcho Kué diamond mine. De Beers is the operator of the project...
Mining Jul 18, 2014 Jeff Miller
Panama Diamond Exchange
Panama Exchange Hosts Anti-Money Laundering Seminar on July 22
Press Release: The Panama Diamond Exchange will a host a seminar for representatives of the government of Panama, members of the diplomatic corps, the financial and business sectors and the media, focusing on regulatory policies associated...
Financial-Legal Jul 18, 2014 Panama Diamond Exchange
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