What’s happening to prices?
Dear Readers, We have so much to tell you this week that one editorial will not be enough! First of all, a bit of self-congratulation is in order to celebrate Rubel & Ménasché’s 5th RJC certification, COP 2019.
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.
Diamond-paved jewelry and fine jewelry collections are bringing the magic back into our daily lives
To celebrate the launch of the exuberant fine jewelry collection by Boucheron, Rubel & Ménasché has decided to look back over the latest collections and designs of the jewelry and fine jewelry maisons. Dior, Piaget and Chanel have all enchanted us! A quick tour of the designs and collections which have given pride of place […]
Exit interview with De Beers exec Stephen Lussier
[During the week of January 17], Stephen Lussier, De Beers’ longtime head of marketing, announced he was retiring after 37 years with the company. (He’ll remain a consultant to De Beers and chair of the Natural Diamond Council.)
Interview With Rory Moore, CEO Of Arctic Canadian Diamond Co.
Rory Moore has worked at Ekati, the first diamond mine in Canada’s Northwest Territories, on and off for years. He was part of the original crew that first developed the mine in the 1990s. In 2018, he rejoined what was then called Dominion Diamond. He then became its interim president in January 2020, and in […]
LVMH’s 2021 jewelry, watch sales double
Recently-acquired Tiffany & Co. put on a “record performance” in its first year with the luxury conglomerate.
India’s diamond trading jumps in December
India’s polished-diamond exports rose 3% year on year to $1.77 billion in December as the market continued to strengthen during the climax of the holiday season.
China’s jewelry market sees another year of growth
Sales of luxury items in China jumped in 2021, with purchases of jewelry rising 35% as consumers continued to spend locally amid border closures, according to Bain & Company.
The vicious rough cycle
There were many factors behind the rough-diamond price hikes De Beers reportedly implemented this week. So much so that the move hardly surprised the market, even if it dominated discussions in trading and cutting centers and on online forums.
The pressure is on
The diamond industry has reason to be optimistic for 2022 after the excellent sales it witnessed last year. Fresh from the holiday season, the trade is justifiably upbeat as positive reports roll in about its bumper November and December period. The growth is a sure sign that consumers are connecting with jewelry for its emotional […]
Chow Tai Fook sales get bump from China market
Retail sales at Hong Kong-based jeweler Chow Tai Fook rose 31% year on year in the third fiscal quarter amid strong domestic consumption and the opening of new stores in China.
Longtime De Beers Exec Stephen Lussier Retires
Stephen Lussier, the legendary De Beers executive who currently serves as its executive vice president for brands and consumer markets, is leaving that role after 37 years with the company.
Jewelry sales jump 38% in Q3 for Richemont
Cartier, Van Cleef & Arpels and Buccellati were top performers for the luxury conglomerate over the key holiday season.
