Diamond News and Events updated: August 08, 2008
Future Headline: ‘DTC Sightholder Jailed for Attending Sight’
This headline is not imaginary, just premature. No foreign DTC Sightholder has yet been jailed in South Africa for...
The IDEX Online Newsletter, July 17, 2008
7/17/2008
De Beers raises overall rough prices by 5% for SI+ goods, with
rough yielding 1ct+ SI polished increased by 10-15% and 0.20ct+
increased 3-5%. July DTC sight estimated at $720 mil.
Rapaport TradeWire - Friday, July 11, 2008
7/11/2008
The U.S. market is for the most part closed for its annual two-week summer vacation. In Antwerp, trade is mediocre, with a low number of both demands and overseas buyers in the market...
The IDEX Online Newsletter, July 10, 2008
7/10/2008
De Beers is making big moves into the retail market. The diamond company which was once more on the back end of diamond transactions, providing diamonds to jewelers, is now planning to have around 50 stores by the end of the year.
National Jweler Network
7/8/2008
Trading markets slow as summer vacation season begins. U.S.
retail sales weak. Russia’s ALROSA holds ‘closed door’ strategic summit to develop global
diamond marketing initiative.
Rapaport TradeWire - Friday, July 4, 2008
7/4/2008
Activity in the U.S. has slowed further with the arrival of the summer vacation season, although strong demand for high-quality goods remains intact.
The IDEX Online Newsletter, July 3, 2008
7/3/2008
Hearts on Fire sues Blue Nile for trademark infringement. Indian market trading slowing. U.S. retail demand weak except for bridal. Whitehall Jewelers files for Chapter 11 and House of Taylor surrenders assets to lender New Stream Capital to avoid bankruptcy.
Rapaport TradeWire - Friday, June 27, 2008
6/27/2008
As the summer season approaches, traders in the U.S. diamond market are noting slow movement in general, as well as a tight cash flow situation. in Antwerp
The IDEX Online Newsletter, June 26, 2008
6/26/2008
De Beers opens online store
DM News
7/9/2007
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