Mountain Province Slips into the Red

Mountain Province Slips into the Red

Rapaport - News     •     November 9, 2022, 9:09 am

RAPAPORT... Mountain Province reported a loss in the third quarter despite record revenue, as the weak Canadian dollar dragged down its bottom line.The company had a net loss of CAD 7.2 million ($5.4…

18ct. Pink Diamond Rakes In $29M at Christie’s

Rapaport - News     •     November 9, 2022, 5:35 am

RAPAPORT... The Fortune Pink diamond was the top seller at Tuesday’s Christie’s jewelry auction in Geneva, bringing in nearly $29 million.The 18.18-carat stone, the largest pear-shaped,…

US Jewelry Industry Closure Rate Increases

Rapaport - News     •     November 8, 2022, 10:00 am

RAPAPORT... The number of active US jewelry businesses continued its downward trend in the third quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 152 businesses shut…

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