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RAPAPORT PRESS RELEASE, July 1, 2025, Las Vegas… The diamond market remained cautious in June as the industry awaited decisions on prospective US tariffs. The Las Vegas shows saw resilience in the ...
Hong Kong jeweler Tse Sui Luen (TSL) recorded a loss for the full fiscal year amid waning appetite for diamond jewelry in China and an increase in shoppers from the municipality purchasing goods while ...
The Luxury and JCK Las Vegas shows reflected the varied state of the industry, with higher-end jewelers reporting good sales while loose-diamond dealers saw patchy results. Exhibitors at the more ...
Debswana, the 50-50 joint venture between De Beers and the Botswana government, will temporarily halt output at some sites and has reduced its rough guidance for the full year. The move, which is due ...
Signet Jewelers’ revenue rose in the first fiscal quarter as the new CEO’s strategy changes appeared to pay off. Sales increased 2% year on year to $1.54 billion for the 13 weeks that ended May 3, the ...
The Gemological Institute of America (GIA) has updated the terms it will use to describe lab-grown on reports, to distinguish them further from natural diamonds. The new nomenclature will use ...
President Duma Boko has called for every diamond from Botswana’s mines to remain in the country for manufacturing, signaling a major policy shift, according to a local report. “We are moving to a ...
The main news from the recent Kimberley Process (KP) intersessional meeting related to the organization’s definition of conflict diamonds. The African Diamond Producers Association (ADPA), which ...
The US Court of International Trade blocked most of US President Donald Trump’s reciprocal tariffs, stating that he exceeded his authority by imposing them unilaterally on multiple countries. A panel ...
The US jewelry market is in motion: adapting, evolving, and revealing new patterns of consumer behavior in response to shifting economic and political pressures. In our May-June issue, Rapaport ...
Sweta Jain, Designer and president, Goshwara “I’ve witnessed significant shifts in the market over two decades. When I first started, it was a seller’s market, but today, I strongly believe it has ...
Swiss watch exports climbed 18% year on year in April as the US market brought forward large orders to avoid a potential increase in prices from tariffs. Shipments of luxury timepieces increased to ...