Diamonds in Brief
U.S. retail sales may be headed much lower over the summer months, but if there is some good news, the Financial Forecast Center is predicting a healthy spike in retail sales this fall. Recent news…
Diamond MarketDiamonds in Brief
At the Tucson gem show in February, I spoke of the sad chapters of bankruptcies that now plague the diamond industry. Back then we knew of filings from the previous year that included Fabrikant, Fortunoff…
Diamond MarketDiamonds in Brief
Soft holiday sales will not influence suppliers and diamond prices are expected to continue to rise. Store closings and bankruptcies are rising. Greater return memo hurting the industry. More sightholders…
Diamond MarketDiamonds in Brief
As the final quarter comes to a close, we find the market in disarray. No one knows what to charge anymore and that makes pricing diamonds that much more challenging. Take for example a recent…
Diamond MarketDiamonds in Brief
The stores are complaining. The business is slow. As I write this, we are crawling into the fourth and final quarter of the year. Lets hope its a good one. In the last issue of…
Diamond MarketDiamonds in Brief
As we crawl into the final quarter preparing for the busy season, a few things are certain. There will be fewer large diamonds available and global demand for these will force prices up. There will…
Diamond MarketDiamonds in Brief
Vegas Diamond Roundup The Las Vegas trade show is behind us now and as a barometer of the industry, it could be a rocky road ahead. The traffic was definitely down, and diamond sales were much…
Diamond MarketDiamonds in Brief
The holidays are behind us. While the industry as a whole did seemingly ok with total jewelry sales increasing by 7%, the trend was definitely toward certain product categories. Finished jewelry did better than loose…
Diamond Market