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Birks Showcasing a Pink Diamond in Edmonton Store One of our major jewellery retailers in Canada called Birks is showcasing a large pink diamond in it's downtown Edmonton store. Details: Weight: 10.02-carat Clarity: SI1 Color: fancy light-purplish...

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2011 Diamond Review RAPAPORT... Diamond prices rose significantly in 2011. Growth was driven by strong gains in the first half of the year even as political and economic uncertainties continued. However, the high levels reached...

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Rapaport Diamond Industry Stock Tracker RAPAPORT... The following table reflects weekly changes for diamond industry shares for period ending on February 16:   Feb. 16 Feb. 9 Chng.   $1 = Euro 0.760 0.752 0.008   $1 = Rupee 49.23 49.50 -0.3   $1...

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Rockwell Completes Tirisano Acquisition RAPAPORT... Rockwell Diamonds Inc. completed its acquisition of the Tirisano Mine project in South Africa.  Rockwell agreed to purchase  Tirisano, formerly Blue Gum, in September 2010 for...

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Joshi Bandhu Gems & Jewels Celebrates its 'Diamond... Press Release: Joshi Bandhu Gems & Jewels celebrated a ''Diamond Jubilee'' for their firm on October 9. There was a massive gathering of people from all walks of life from various parts of Maharashtra...

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Birks Showcasing a Pink Diamond in Edmonton Store

Posted on : 16-04-2012 | By : davidlee | In : Gemstones, Retail

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Pink Diamond features at Birks

One of our major jewellery retailers in Canada called Birks is showcasing a large pink diamond in it’s downtown Edmonton store.

Details:

  • Weight: 10.02-carat
  • Clarity: SI1
  • Color: fancy light-purplish pink
  • Cut: Radiant

It will be on display from April 13 to 17th.

They’re guessing that it might sell for $2,500,000.

It’s set in a simple platinum setting and is privately owned.

original story

Joyalukkas Centre Opens in Oman

Posted on : 09-04-2012 | By : davidlee | In : Contributed, News, Retail

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RAPAPORT… Joyalukkas opened its Joyalukkas Centre showroom concept in Ruwi, Muscat, Oman. This showroom features a large format store for the brand’s jewelry as well as a fashion section that will cater to both women and men with a wide collection of fashion and textile materials. The showroom is located on the popular Ruwi high street where there is ample parking.“It’s an absolute honor t…

Three Armed Men Steal Diamonds in a Smash ‘n Grab

Posted on : 20-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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(RAPAPORT) News & Observer: Three armed men, their faces covered by ski masks, walked into the Bailey’s Fine Jewelry at Cameron Village in Raleigh, North Carolina, smashed a display case and left in moments with an undisclosed haul of diamonds.
“We were all trying to run for cover because they had guns,” said the woman who called 911 to report what had just happened on February 17.
The store…

Graff Opens in Burj Al Arab Hotel

Posted on : 20-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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RAPAPORT… Graff opened in the Burj Al Arab hotel in Dubai through a partnership with Damas.  The new 121-square-meter Graff boutique is located on the first floor of the luxury hotel and carries the jeweler’s  Butterfly collection, Diamonds on Diamonds collection and Lotus for Jewellery collection, among others. Watches include GraffStar Grand Date, GraffStar Ladies, ChronoGraff and Sc…

CMO Honors Gitanjali Group with the Master Brand Award

Posted on : 16-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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Press Release: Gitanjali Group, the world’s largest integrated branded diamond jewelry manufacturer-retailer, has been honored with the prestigious Master Brand Award from the CMO Council of the USA and CMO Asia in a glittering ceremony recently held in Mumbai.The Master Brand Award was presented to Gitanjali Group on February 14, at the ceremony held at Taj Lands End, Mumbai. This award once agai…

PPR’s Revenue +11%, Profit +2% in 2011

Posted on : 16-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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RAPAPORT… Luxury group PPR reported that revenue in 2011 rose 11 percent year on year to $16 billion (EUR 12.23 billion). Net income rose 2.3 percent to $1.3 billion (EUR 986 million) or EUR 7.82 per share. Gross margin improved to 15.9 percent from 15.4 percent in 2010.
The luxury division, which includes Gucci, Bottega Veneta and Yves Saint Laurent, reported a sales increase of 23 percent yea…

Blue Nile’s 4Q Sales -2%, Profit -32% to $4M

Posted on : 15-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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RAPAPORT… Blue Nile’s fourth-quarter sales slipped 2.1 percent year on year to $112.3 million, while its cost of sales was flat at $89.1 million, for the three months that ended on January 1, 2012.  Gross margin as a percentage of sales fell to 20.7 percent from 22 percent one year ago. Net income dropped 32 percent to $4.2 million. The number of orders that Blue Nile fulfilled in fourth-qu…

Men’s ‘KnucklePUNK’ Line Catches On

Posted on : 14-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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(RAPAPORT) San Fernando Valley Business Journal: Sherman Oaks-based No Roses Gallery is showing-off its rebellious side with a new jewelry line, KnucklePUNK.
The men’s collection features rings, bracelets and pendants made from 18-karat gold, sterling silver and black diamonds. The line offers shoppers a combination of “bling” and beauty with its crosses, Celtic scrolls and shiny skulls set upon …

U.S. Chain-Store Sales +3%

Posted on : 14-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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RAPAPORT… U.S. weekly chain-store sales rose 2.8 percent this past week, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. But the change in sales for this week that ended on February 11, compared with the previous week, registered a sharp decline of 2 percent.
“Sales dipped over the past week on relatively light-volume sales and abnormally mild temperatures a…

Four Couples Receive De Beers Wedding Bands

Posted on : 13-02-2012 | By : Rapaport - News | In : Contributed, News, Rappapport, Retail

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RAPAPORT… De Beers Diamond Jewellers partnered  with Colin Cowie Weddings for an annual Valentine’s Day wedding event at the Empire State Building in Manhattan.   Four lucky couples will exchange De Beers wedding bands and say “I do” at their own private, personalized, lavish wedding ceremonies created by the wedding planner. The four couples were chosen from many video submission…