RAPAPORT... With Valentine’s Day less than three weeks away, retailers are creating ways to help drive jewelry sales. Retailer Carter’s Diamonds and diamond brand Hearts On Fire launched a promotional “Hearts On Fire In Ice Presented by Carter’s Diamonds,” contest with a grand prize of a “Transcend Dream” diamond engagement ring valued at $20,000. Four runners-up will receive an it...
RAPAPORT... Paragon Diamonds Limited completed a placement of 5,948,275 new ordinary shares at 29-pence each on London's Alternative Investment Market (AIM) and raised gross proceeds of approximately $2.71 million (GBP 1.73 million).
The new shares will rank pari passu with existing ordinary shares, and dealings on AIM are expected to commence in the new ordinary shares next Wed...
RAPAPORT... Charles & Colvard Ltd., the sole manufacturer of created moissanite, partnered with Serenity Technologies Inc. to create moissanite gemstones with optical properties that are whiter and brighter. Charles & Colvard is introducing these enhanced gemstones under the "Forever Brilliant" trademark, a new premier brand for the firm.
In creating the Forever Brilliant gem...
RAPAPORT... Diamond brand Hearts On Fire unveiled the animated film, "Evolution of Perfection," which explains the story of diamonds. This 90-second clip uses mixed media, animation and live action to take the viewer on the diamond journey through the ages of time. Watch it on YouTube.
Animation artists used state-of-the-art motion graphics to create original environm...
RAPAPORT... Diamond Trading Company (DTC) sightholders arrived at the annual De Beers chairman’s cocktail reception on Tuesday with one thing on their minds – rough prices. Not only were they still trying to assess the true value of their January sight boxes but they were looking for some hint of a De Beers forecast for the year, especially from one of the speakers, Anglo American’s chief executiv...
RAPAPORT NEWS SERVICE | January 27, 2012
www.rapaport.com
| news@rapaport.com
...
TRADE ALERT: INDIAN CUSTOMS AUTHORITIES RESTRICTING POLISHED DIAMOND IMPORTS. DO NOT SHIP POLISHED DIAMONDS TO INDIA WITHOUT CLARIFICATION. De Beers reduces prices and changes assortments at estimated $650M sight as 4Q production -24% to 6.5M Cts. and total 2011 production -5% to 31.3M Cts. Indian markets confused and concerned with expectations of lower polished prices. Rough trading weak a...
Rapaport Weekly Diamond Industry Stock Tracker: Jan. 26, 2012
Jan. 26
Jan. 19
Chng.
$1 = Euro
0.760
0.770
-0.010
$1 = Rupee
50.11
50.21
-0.1
$1 = Israel Shekel
3.76
3.79
-0.03
$1 = Rand
7.79
7.92
-0.13
$1 = Canadian Dollar
1.00
1.00
0.00
Precious Metals
&nbs...
Rapaport Weekly Indian Market Report - Jan. 26, 2012
POLISHED:
Local polished activity continues to slow as the market focused on the DTC sight. Some softness is observed for prices of +1 carat goods.
Round
-1 point:
Fair demand: $250-$500 whites.
-2 point:
Good demand: $250-$600 whites and $225-$450 TTLB/ TTLC
Fair demand: $500-$700 OWLB/LC and $1,100-$1,150 whites.
2-7...
Press Release: Royal Asscher is thrilled to announce the debut of jewelry from its Stars of Africa and Shining Stars collections on CoutureLab in benefit of the Seven Bar Foundation. CoutureLab, a luxury gift website that sells fine and rare products from around the globe, focuses on quality, heritage and craftsmanship - a perfect fit for Royal Asscher’s specially crafted and uni...
