Indian jewelry manufacturers are experiencing double-digit increases in their diamond jewelry sales, while gold sales remain flat. The ever-increasing price of gold is leading a group of consumers to open their wallets a little more and spring for diamonds, in the way that a family sedan purchaser loading up on options may simply bump up to a luxury model. One sales and marketing executive said that they were going after diamond sales at both ends of the market. “We will be doing a high-value diamond campaign [and] offering designs at lower price points [to] … woo younger people with lower caratage jewellery.” The Times of India Jun. 24, 2010
High Price of Gold Has More Consumers Considering Diamonds…
Gemstones/Gemstone jewelry, Gold, Product Categories
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Jun 242010
Blue Nile (NILE) Outperforming The Retail Sector; Real Time Price Adjustments And Virtual Inventory Listed As Reasons
Distribution Channel, Jewelry (fine), Worldwide Web
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Apr 142010
Blue Nile (NILE) Outperforming The Retail Sector; Real Time Price Adjustments And Virtual Inventory Listed As Reasons
The Wall Street Transcript – 32 minutes ago
April 14, 2010 – The Wall Street Transcript has just published Retail Report offering a timely review of the Retail sector. This Special Report contains expert industry commentary through in-depth …
De Beers’ Biggest Fear — The Enormous Supply of Diamonds in Public Hands
Gemstones/Gemstone jewelry, Suppliers
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Feb 242009
Forget about the predictions of South African industry analysts that the price of rough-cut diamonds could fall another 60%. What keeps De Beers executives up at night are the more than 500 million carats of gem diamonds in public hands (or on them and in safety-deposit and jewelry boses). That’s more than 50 times the number of gem diamonds produced by the diamond cartel in a year. “The moment a significant portion of the public begins selling diamonds from this prodigious inventory, the cartel would be unable to sustain the price of diamonds, or maintain the illusion that they are such a rare stone that their value is, as the ad slogan claims, ‘forever.’” International Herald Tribune Feb. 23, 2009
