Russian diamond exports increased after Ukraine invasion, stats show
Despite U.S. sanctions, Russian diamond sales rose after the Ukraine war began, according to Kimberley Process (KP) statistics for the first half of 2022.
The R&M “Lettre”
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Diamonds Do Good gives $300K in gants
The money went to individuals in diamond mining and manufacturing communities in Africa, India and Canada.
Watch: What to expect in 2023
From inflation to lab-grown diamonds, jewelry industry experts Paul Zimnisky and Sherry Smith share their predictions for the year ahead.
A few truths about natural and lab grown diamonds…
Dear readers, There is a lot of discussion about responsibility, honesty and the big issues ahead in this first Lettre of March!
De Beers’ price hike exposes profitability concerns
Manufacturers are split on whether small diamonds deserved such a sharp increase.
More couples choosing fancy-shaped diamonds
Step aside, rounds; fancy shapes are making their mark on bridal consumers.
Engagement ring spending slips as more turn to lab-grown
US couples spent 3% less on engagement rings last year, as lab-grown diamond center stones gained popularity.
No, lab-grown diamonds are not “mining-free”
This year, the Federal Trade Commission (FTC) will start revising its “Green Guides,” which lay out rules for environmental marketing claims.
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.
Boucheron, Pomellato post ‘outstanding’ year for Kering
The luxury titan’s revenue was up 15 percent year-over-year, though sales slipped in the fourth quarter.
Podcast: the Importance of tracking your Diamond
Traceability has become a central issue in the diamond and jewelry industry, with the Russia-Ukraine conflict accelerating demand for source-verification programs. Frederik Degryse, CEO of iTraceiT, a new platform that aims to validate a diamond’s origin and journey, discusses these trends with Rapaport Senior Analyst Avi Krawitz on the latest episode of the Rapaport Diamond […]
Tiffany creative director exits Company
Ruba Abu-Nimah has left her position as executive creative director for marketing and communications at Tiffany & Co., according to news sources.