Kendra Scott Opens New Boutique. Stern Opens Stand-Alone Store. Maharashtra's VAT Rises to 1. Zales Bumps Tiffany on Affluent Survey. Sterling, Zale Pick Mediator. Dominion Closes Ekati Sale. Aikhal Reaches Design Capacity. Zambia Constrains Gemfields. Botswana Diamonds Adds License. Diamond Industry Stock Report.
Polished and Rough Trading Activity. Similar Articles. Arrange Comments Last to First. All rights reserved. While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.
Inhorgenta Munich Trade Show Postponed. Ben Bridge to Return Franchises to Pandora. What to Look Out For in Share Reddit. Rapaport Weekly Market Comment April 12, Polished diamond markets quiet with steady U. Cutters remain cautious and polished supply tight. RapNet Data: Apr. Average Discount. Careers Rapaport. The Rapaport Group is growing rapidly. If you wish to work with the best and brightest, join us. We have great opportunities for trading managers, gemologists, sales assistants , and entry level positions for our offices in New York, Antwerp, Mumbai, Dubai, and Shanghai.
View jobs now. In the first quarter of , prices showed consistent improvement and followed market confidence; however, there is concern that polished prices are being fueled by rough speculation rather than actual demand.
Watch more on the year to date sight total. Ullman, who was tapped over the weekend to take the post he held from to , vowed to relay JCPenney's strong product value message, which he said was lost during Ron Johnson's relatively short tenure.
JCPenney will return to the high-low pricing model, stabilize gross margin and reintroduce couponing and discounting. Ullman expects to emphasize the value of merchandise with competitive offerings by the back-to-school season, which hits in August.
He plans to allow the transformation of JCPenney's home goods department as planned by May, but then hold off on any further incorporation of ''stores within a store,'' which was one of Johnson's expensive initiatives. The group blamed cooler weather across much of the U. Same-store sales rose 2. By region, stores sales rose In the U. The boutique will include the signature Kendra Scott Color Bar, with a inch touch-screen display monitor, iPads and a kaleidoscope of 26 gemstones and 23 jewelry silhouettes to provide an interactive experience to guests.
Stern opened its first stand-alone jewelry boutique in the U. Stern is also located at Harrods in the fine jewelry room. The new H. The space covers square meters and incorporates what the retailer considered to be elegant curves for its furniture and interior design, to reveal a feminine silhouette of the "S" in the H.
Stern logo. The directive continues through March 31, Similar Articles. Rapaport Weekly Market Comment Jan 13, Dealers returning from vacation confident that positive momentum will continue.
Arrange Comments Last to First. All rights reserved. While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service. Inhorgenta Munich Trade Show Postponed. Ben Bridge to Return Franchises to Pandora. What to Look Out For in Share Reddit.
Diamond trading was supported by stable U. Sentiment improved in December due to steady U. Christmas holiday sales and rising expectations for the Chinese New Year. However, liquidity in the cutter and dealer markets remains tight.
Profit margins are low and banks have reduced their credit for rough purchases in the manufacturing sector. For the year , RAPI for certified 1-carat polished diamonds fell 4. RAPI for 0. RAPI for 3-carat diamonds dropped 4 percent in There was good demand for smaller, commercial-quality diamonds as U.
The trend is expected to continue as the diamond market shifts focus to the Far East for the Chinese New Year festival that begins on January
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