Following the insightful discussion at FACETS 2024, the diamond industry finds itself at a pivotal crossroads. De Beers CEO Al Cook sat down with industry analyst Edahn Golan to outline a vision for natural diamonds, one defined by transparency, rarity, and a renewed focus on consumer desire. This blog post explores the key takeaways from that conversation and what they …
Insights Into the Diamond Industry - Page 3 of 13
Our latest insights, expert analysis and thinking on the topics that matter most in the diamond industry.
Industry Financing, Trade Shows – The July 2024 Market Update
This month, we focus on diamond industry financing. And it’s slimmer than what you might imagine. We share some thoughts on De Beers’ JCK announcement and why President Masisi attended, the surprising turn of the jewelry index, a look at the diamond midstream, a foreboding LGD gross profit forecast, and more.
June 2024 Market Update: De Beers, G7 & Other Changes
What will a De Beers sale look like, G7 sanctions are incomplete and chaotic, and a new jewelry index. A broad market update.
The G7 Russian Diamond Bombshell Holiday Gift
The G7 Russian diamond sanction bombshell includes new regulations, some unimplementable, many unclear. A Russian diamonds sanction primer. While the G7 Russian diamond sanctions are important, the proposed framework unfortunately suffers from a lack of clarity, too many open-ended issues, and concerns over the viability of the implementations.
Everything You Need to Know About Engagement Rings This Holiday Season
One of the most coveted jewelry items are engagement rings, and historically, the holiday season is the most likely time of year to buy and sell these rings. Here are the leading trends for engagement rings for the 2023 holiday season.
Diamond Analytics Forecast: When Will Lab-Grown Diamond Sales Be the Majority?
At some point, more lab-grown diamonds will be sold than naturals. Natural diamonds are a finite resource, and over time, their supply will dwindle. Lab-grown diamonds are factory made, and the raw materials for producing them are nearly infinite. Lab-grown diamonds sales will eventually outpace naturals. The question is not if but when this will happen.
Lockdown-Free Gen Z Spent Nearly 4 Times More on Jewelry in 2021
Post COVID, Gen Zs nearly quadrupled their spend on jewelry in 2021. Those residing outside urban areas and, for the first time, Americans that identify as Asians, were top spenders on jewelry in 2021. These three demographics shaped jewelry demand across the US.
Jewelry Demand Sinks 11% in October, But Do Not Fret!
The annual forecast with the monthly analysis: Most jewelry retail sales figures were in the red in October on a year-over-year basis. However, US jewelry demand is still relatively high, reflecting ongoing elevated consumer interest in the category.
The Lab-Grown Diamond Contradiction
The lab-grown diamond contradiction. Demand is rising, but prices are falling. They are hot in the US, but not sweeping the rest of the world. It’s a technologically-driven product catering to a young crowd and striving to follow in the footsteps of a centuries-old product, while enthusiastically adopting many of its ills.
These are the issues, with figures and findings that support this view.
How Much Jewelry was Sold? A Massive $11.5B Less Then Believed
How much jewelry sold in the US is a crucial question. It impacts planning and financing. Revised US government estimates just shaved off $11.5 billion worth of sales. No small matter. Here are the figures, plus a forecast for 2022.
