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Diamond Industry Seeking New Path for Growth

Diamond Industry Seeking New Path for Growth

We are less than five months into the year, and 2015 already appears to be a year of fighting for survival and capital preservation. In the past, the trade always looked forward to the next trade fair or holiday for the next big push in sales. Now, just a month before the important JCK Las Vegas trade fair – the largest diamond and jewelry exhibition in the world, taking place in the most important market, and it seems that the industry is only looking forward to 2016.

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Excess fragmentation in the diamond market and lessons from other industries

Excess fragmentation in the diamond market and lessons from other industries

The excess fragmentation we are facing in parts of the diamond sector must be addressed to allow the diamond industry as a whole to operate more effectively and to provide the new generations of professionals with more sustainable opportunities to flourish in our sector. We can draw lessons from more consolidated industries.

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Interview: Diamond Exchange Website

Interview: Diamond Exchange Website

Over the next few days, the second International Rough Diamond Week is taking place in Israel and will feature tenders in which the main international rough diamond suppliers participate. We reached out to Ehud Laniado, one of the leading diamantaires in the rough diamond industry, who is renowned for his know-how and unique experience in the sector, in order to hear his views on the International Rough Diamond Week which is currently taking place in Israel. 

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More of the same

More of the same

"More of the same" continues to be the dominant sentiment of the diamond industry with the “wait and see” and "play it as it goes" emerging as the prevailing attitudes. This is not by choice.

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1st Quarter of 2015 in Review

1st Quarter of 2015 in Review

Dark Clouds Overhead

All large sales periods – the November-December holiday season, Valentine’s Day, Chinese New Year, Hong Kong and Basel trade shows – were disappointing to diamond traders. Worse, looking forward, sales projections by chain stores in the US, Hong Kong and China are poor. Most are reluctant to replenish their inventories and are adopting a “playing it as it goes” policy.

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The diamond industry pipeline starts with mining, then rough trading, manufacturing, jewelry setting and finally retailing. It may look like a short and efficient journey, however it is anything but t...
We have seen how the industry has undergone significant changes over the past 20 years and how smaller companies have emerged to play an increasingly important role in supplying rough diamonds to the ...
It might surprise people to know that there are only around 50 active diamond mines in the world. These mines never seem to be found on the outskirts of major cities. Instead, they are usually located...
When I discussed fancy brown diamonds in last week’s article, I stated that unlike other fancy color shades that are extremely rare in nature, brown diamonds are plentiful and therefore command much l...
In the last two decades, much has been said about an impending demand vs. supply imbalance in the diamond industry. Huge mines discovered over the past 40 years are nearly mined out, some argue, and n...
A major diamond rush, located in Lüderitz (in the former German colony of Deutsch-Südwestafrika - German South West Africa) is among Namibia’s most famous diamond sites. In 1907, the Germen railroad w...
When most people hear about diamond mining, they think of South Africa, where diamonds were discovered in 1866 in the Kimberley region. A 15-year-old boy discovered the now-famous 21.25-carat Eureka D...
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