Why we have not — yet — talked about Pandora?
June 3 Editorial – You will have certainly noticed that we have knowingly failed to communicate the exchanges pitting Pandora against certain stakeholders in the natural diamond industry.
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June 3 Editorial – You will have certainly noticed that we have knowingly failed to communicate the exchanges pitting Pandora against certain stakeholders in the natural diamond industry.
It sold at the low end of its estimated range at Christie’s jewelry auction in Geneva.
As Pandora moves away from mined diamonds, here’s why the conversation needs to shift from personal preference to consumer education.
The diamond market can return to normalcy after its impressive growth at the beginning of the year thanks to strong jewelry sales, rising profit margins for cutters and a shortage of rough diamonds. Midstream margins have decreased as the diamond prices continue to rise suggesting that the market is overheated.
The Gemological Institute of America (GIA) has seen a rise in submissions of lab-grown diamonds with counterfeit inscriptions that make the stones appear natural.
Rio Tinto will unveil a record number of diamonds over one carat at its final pink-diamond tender, including the largest fancy-intense pink it has ever offered for sale.
For a while there, a marquise-cut diamond ring smacked of dated 1980s style. It was basically the gemstone equivalent of a mullet.
Forevermark will change its name to De Beers Forevermark, enabling the retail brand to capitalize on the miner’s reputation and sustainability efforts, a spokesperson confirmed to Rapaport News [the week of Mai 10].
Just about everyone in the jewelry trade—as opposed to just about everyone in the consumer media—agrees that Pandora’s decision to stop carrying natural diamonds and launch a lab-grown line was no big deal.
Press release – ALROSA reports preliminary rough and polished sales results for April 2021.
Press release – De Beers Group announced [Mai 19] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the fourth sales cycle of 2021.
Israeli bank financing of the diamond industry was cut by 33% in 2020, falling below $500 million for the first time in 30 years. The decline reflected shrinking activity in 2020 and a decline in reliance on bank financing. But mostly, it reflects banks’ balking at dealing with the complications of working with diamond firms.