De Beers rough diamond sales for Cycle 9, 2019
Press release – US$390 million (provisional).
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 lowers global diamond-jewelry estimate
De Beers has restated its estimation of global diamond-jewelry sales following a new study valuing the diamond content in jewelry purchases since the 2008 recession.
Jewelry sales boost Richemont’s H1 results
Richemont missed the mark in the first-half but its jewelry sales remained strong, with Van Cleef and Cartier leading the charge alongside the luxury titan’s e-commerce sites.
Let’s get intimate
You know about intelligence quotient (IQ), you know about emotional quotient (EQ), but one term we might want to start paying attention to is Brand Intimacy Quotient (BIQ?). And that’s because this is a metric in which the luxury industry – from cars to handbags to jewelry – is scoring badly.
ALROSA’s sales of rough and polished diamonds reach $264.4 million in October 2019
Press release – ALROSA Group announces diamond sales results for October and nine months of 2019.
The average amount spent on an engagement ring is …
Couples are spending about 7 to 9 percent less on their engagement rings than they did two years ago, data collected from multiple sources shows.
Labs identify fingerprint for Argyle pinks
Two gem labs have joined forces to identify a method for determining whether a pink diamond came from the Argyle mine in Australia, and are issuing lab reports confirming their provenance.
Yellow prices fall in third quarter
Prices of yellow diamonds decreased in the third quarter, driving down the overall fancy- color index even while pinks and blues remained steady, the Fancy Color Research Foundation (FCRF) said.
Couples Prefer Customization over Size
Couples are prioritizing personalization and overall cost and quality rather than size when buying engagement rings, according to a survey by wedding-planning resource The Knot.
Diamond manufacturers must brace for automation
Imagine the following: A diamond-mining company operating with self-driving trucks loads its haul of ore to the processing plant, where rough diamonds are separated from waste and arranged in their rough forms into different sizes before being sent for further aggregation.
De Beers outlines vision for new diamond market
At a forum in New York City Monday the 28th of October, De Beers executives spelled out their vision for the diamond industry of the future, one that is more responsive to changing societal mores and consumer desires.
Deloitte predicts uplift in Holiday sales
US retail sales are forecast to increase by up to 5% this holiday season, while e-commerce spending could jump by 18%, Deloitte said Tuesday the 22th of October.
