The Fancy Color Research Foundation (FCRF) has named Roy Safit as its new CEO, to succeed Miri Chen. Safit took up the position on January 1, the foundation said Monday. He will focus on directly ...

Two people have died in an armed heist in which robbers stole diamonds from Namdia Desert Diamonds, a sales and marketing company the Namibian government owns. Intruders broke into the Namdia premises ...

The World Federation of Diamond Bourses (WFDB) has rejected a statement the Philux Global Group made claiming it has a connection with the Asian Diamond Exchange. The federation explained that the ...

The Antwerp World Diamond Centre (AWDC) is asking the Belgian government to help improve the operating environment in the country following a “crisis” year for the industry. Last year saw a 25% ...

The Rapaport Market Comment presents the crux of each week’s trends and news in a succinct format. Internally, we call it the “5-liner” because of the space it takes on the Rapaport Price List.

Vicenzaoro saw high attendance, signaling solid orders by retailers restocking after the festive season. US retailers were out in force at the Italian Exhibition Group (IEG) event staged in the ...

Poor results at the US’s largest diamond retailer reflected a fragmented and changing market rather than a crisis in consumer demand. Signet Jewelers’ disappointing holiday results had a dampening ...

US retail sales hit record growth during the recent holiday season, verging on pre-pandemic levels, thanks to lower inflation and a strong job market. Consumers spent $994.1 billion over the ...

A year ago, we highlighted three issues that would be important for the diamond and jewelry industry during 2024. How did these develop throughout the year, and what’s in store for 2025? Rapaport ...

Sotheby’s will present a selection of luxury jewelry items at its first-ever auction in Saudi Arabia, including a pair of diamond earrings expected to fetch up to $800,000. The Graff-created set ...

Macy’s will shutter 66 locations across the US as part of its new strategy to focus on removing underproductive stores in an effort to increase profitability. The move is part of a wider plan to close ...

There were more carats than celebrities on the red carpet at the 2025 Golden Globes on Sunday, with statement necklaces and intricate brooches capturing the spotlight. From oversize diamond chokers to ...