US Polished Imports Grow Slightly in August

US Polished Imports Grow Slightly in August

Rapaport - News     •     November 13, 2022, 11:14 am

RAPAPORT... US polished-diamond imports crept up 1% year on year to $1.81 billion in August, according to recent data from the country’s Department of Commerce. The average price jumped 65%,…

Early Deals Support October Holiday Shopping

Rapaport - News     •     November 13, 2022, 8:50 am

RAPAPORT... US shoppers shelled out cash heartily online for holiday gifts in October as retailers offered deals to get customers spending early.Total e-commerce sales for the month rose 11% over…

Brilliant Earth Warns of Caution Among Consumers

Rapaport - News     •     November 13, 2022, 8:44 am

RAPAPORT... Brilliant Earth lowered its outlook ahead of the crucial fourth quarter, noting that consumers were hesitant about making purchases.The online-focused jeweler expects full-year sales of…

Petra Puts Tanzania Mine on Pause for Three Months

Rapaport - News     •     November 13, 2022, 7:53 am

RAPAPORT... Petra Diamonds has halted production at its Williamson mine in Tanzania for at least three months following a wall breach.The pause will give the company time to build a new tailings…

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