De Beers Blue Diamond Fails to Sell at Sotheby’s

De Beers Blue Diamond Fails to Sell at Sotheby’s

Rapaport - News     •     November 10, 2022, 9:32 am

RAPAPORT... A blue diamond weighing more than 5 carats failed to find a buyer at Sotheby’s Geneva on Wednesday despite being billed as the star of the auction. The cushion brilliant-cut, 5.53-carat,…

Asian Star Sees Revenues Increase

Rapaport - News     •     November 10, 2022, 9:30 am

RAPAPORT... Sales and earnings rose at India’s Asian Star in the second fiscal quarter, driven by strong growth in its diamond manufacturing division.Group revenue jumped 15% year on year to INR…

Pomellato Acquires Minority Stake in Italian Goldsmith

Rapaport - News     •     November 10, 2022, 8:35 am

RAPAPORT... Kering-owned jewelry brand Pomellato has established a long-term equity partnership with an Italian goldsmith company that will help improve its manufacturing capabilities.The minority…

Positive Mood at GemGenève Fair

Rapaport - News     •     November 10, 2022, 4:57 am

RAPAPORT... A surge in visits to the GemGenève show signaled strong orders despite global economic uncertainty. More than 5,000 people attended the Swiss gem and jewelry fair’s fifth edition from…

Podcast: Overoptimistic Retail?

Rapaport - News     •     November 9, 2022, 10:33 am

RAPAPORT... Early projections for the US holiday season are upbeat, but that sentiment hasn’t filtered through to the rest of the diamond market, Rapaport’s editorial team observed. “I was a bit…

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