ABN Amro tightens diamond lending terms
ABN Amro will implement changes to its guidelines for lending to the diamond industry in 2020, reasoning that the trade has become more efficient and now requires less credit.
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What Tiffany’s acquisition means for the jewelry industry
Life as the resident retail reporter at National Jeweler can be a bit of a bummer.
Thanksgiving deals draw record number of shoppers, says NRF
Washington—A record number of shoppers flocked to sales from Thanksgiving through Cyber Monday this year and spent more than last year, according to a survey by the National Retail Federation and Prosper Insights & Analytics.
Global diamond production value rises
Global rough-diamond output grew 2% to $14.47 billion last year, reflecting higher production in Botswana, according to data the Kimberley Process (KP) released last week.
Inventories up, demand down and lab-grown prices continue to drop
The diamond industry is out of balance. The rough diamonds produced at mines only partially fit current consumer demand. This may explain why price movement is restrained. Meanwhile, among lab-grown goods, matters are a little more lively.
China slowdown hits swiss watch exports
Swiss watch exports fell in December, with a sharp decline in China outweighing growth in other markets.
ABN AMRO diamond outlook: lab-grown stones to enter growth phase
The diamond industry has moved from a relatively stable environment to a highly uncertain environment, with 2019 and the years ahead seeing lab-grown diamonds for jewelry entering a growth phase, said ABN AMRO Bank in a report.
Alrosa to hold back supply in 2019
Alrosa plans to keep its rough-diamond sales in line with production in 2019 to avoid flooding the market with excess supply.
The three global tribes of jewelry
Millennial consumers can be divided up into three main segments, says Tim Schlick, chief strategy officer at Platinum Guild International.
Four trends from a tough year for stocks
Diamond-related shares mainly fell in 2018, in line with a global stock-market downturn. Investors fretted about trade tensions, uncertain consumer demand and the impact of the US Federal Reserve raising interest rates in December.
Graph diamonds: the year in 5 telling charts
Data can be exhilarating. Earlier this week, Avi Krawitz, Rapaport’s News Editor and Senior Analyst, called this reporter over to look at his screen, as there was something exciting on it.
Get ready for the new ride as roller-coaster 2018 comes to an end
As the final days of 2018 pass by, the year has been somewhat of a roller-coaster ride. But then, what’s new about that, some might say.
