4 predictions for the diamond market in 2023 and beyond
Experts and Editor-in-Chief Michelle Graff share views on natural diamond prices, lab-grown supply, and diamond jewelry sales in 2023.
The R&M “Lettre”
Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
De Beers’ Cleaver: Lightbox was “one of the scariest things I’ve ever done”
In part 2 of our exit interview with De Beers CEO Bruce Cleaver, he reviews the big events of his tenure, from Nirav Modi’s implosion to the COVID-19 pandemic to De Beers’ still-controversial introduction of lab-grown brand Lightbox.
The industry’s Russia crisis: the importance of Alrosa
The diamond market has yet to feel the full effect of the war in Ukraine. Initial predictions pointed to a potential supply shortage that would result from having Alrosa, with its large share of global rough production, off the market. However, those scarcities have not emerged significantly.
Exit interview with De Beers CEO Bruce Cleaver (part 1)
In two weeks [February 20], Bruce Cleaver will step down as De Beers CEO, after six years in the role. His replacement will be energy executive Al Cook.
EU sanctions are back on the table. Will they work?
The bloc is considering a quota or other restrictions on Russian diamonds. Industry members and politicians claim only a global effort will have an impact.
Holiday sales miss target as inflation dents spending
US retail sales saw slower-than-expected growth during the recent holiday season amid inflation and high interest rates, according to the National Retail Federation (NRF).
De Beers slashes prices of larger rough diamonds
De Beers has made sharp price changes at this week’s sight, implementing deep reductions in larger goods and increases for smaller stones.
What’s the forecast for 2023?
Industry insiders share their New Year predictions and plans for the new year.
Luxury more resilient than during 2009 crash – Bain
The luxury market could grow by up to 8% this year as the industry is well positioned to weather difficult economic conditions, Bain & Company said.
The 40 best jewelry-related quotes of 2022
As we have done for the past three years, JCK has collected the thoughts of celebrities, industry pros, and just plain folks on the year’s hot topics—everything from lab-grown diamonds to NFTs to the industry post-COVID—and on jewelry in general.
De Beers to offer more rough to African factories
De Beers plans to allocate more of its rough to manufacturing units in Africa next year, according to sightholders, resulting in less supply for other cutting operations amid a drop in the miner’s overall output.
Why is De Beers giving Sightholders a 1-year reprieve?
De Beers has extended its sightholder contracts by one year, a reflection of what it calls “uncertainty” in the market.
