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Due to the COVID-19 pandemic, for the first time since its inception in 2015, the Fancy Color Research Foundation (FCRF) will not publish the Fancy Color Diamond Index (FCDI) for Q1 2020.
The World Federation of Diamond Bourses (WFDB) has named Yoram Dvash as acting president following Ernie Blom’s decision to stand down temporarily.
The Hong Kong Trade Development Council (HKTDC) has rescheduled its trade shows for the second time as coronavirus-related restrictions continue.
Chow Tai Fook’s sales slid in the fourth fiscal quarter amid sluggish consumer demand and store closures brought on by the coronavirus pandemic.
In the coming weeks, MCH Group will decide whether Baselworld—once the annual event for the global watch industry—has a future, or if it is out of time.
At the end of March, when most of the world was going into coronavirus lockdown, China was slowly emerging from it.
We have now been in lockdown in France for more than a month. It is more or less the same for everybody in the diamond industry. Although work and life may have been organized, there are still lots of questions about how to do things on day-to-day basis, how to hold out, and how to […]
After hundreds of dealers pulled their goods from the RapNet platform, the World Federation of Diamond Bourses (WFDB) will debut its first online diamond trading exchange [the week of 13 April].
The recent declines in diamond trading and pricing follow a rise in supply and a severe drop in demand, Rapaport Senior Analyst Avi Krawitz explained in a webinar last week. The presentation, titled “Understanding the Impact of the Coronavirus on the Diamond Market,” highlights some of the ways the pandemic is changing the trade, along […]
Thursdays will never be the same in the diamond industry.
Martin Rapaport, chairman of the Rapaport Group, explained how the Rapaport Price List works during a webinar this week.
Last week, Martin Rapaport lowered prices on the March 20 edition of his widely watched price list by an average of 7%, leading some companies to pull their inventory from RapNet, his online listing service. Afterward, following a vote of RapNet members, he agreed to suspend publication of his price list until May 1.
