I'm a diamond industry analyst and commentator, providing data analytics that help companies lead the industry. My specialty: putting it all in context.
The LGD Wholesale Price List is out. Prices are down on average by 14%, 3 carat rounds had the biggest decline.
Link to a PDF copy of the list in the first comment below 👇🏼
#JCKLasVegas delivered strong results for #diamond traders, #jewelry manufacturers, and service providers.
Demand was concentrated in higher-ticket merchandise, large diamonds, and unique pieces.
The overall outlook points to a strong year and holiday season. The one concern is the continued decline in unit sales
India’s diamond exports show the split in black and white. Lab-grown now averaging well under $100/ct wholesale. Naturals are 8–10x higher with direct impact on gross profit.
Full breakdown → https://t.co/re6OkuqIaw
What’s this doing to your positioning?
INVITATION
I’ll be giving a presentation at JCK on Thursday.
The Jewelry Industry Today: Insights Through Data
Level 1, Room 101
Thursday, May 28
11:00–11:45 AM
The presentation will be followed by a Q&A session. It would be great to see you there. More below⬇️
INVITATION
I’ll be giving a presentation at JCK on Thursday.
The Jewelry Industry Today: Insights Through Data
Level 1, Room 101
Thursday, May 28
11:00–11:45 AM
The presentation will be followed by a Q&A session. It would be great to see you there.
https://t.co/0PEZEATIh2
💎India, a major diamonds hub, is now exporting more lab-grown sparklers than natural ones. A @Bagable_com interview with @ParijaKavilanz, a great resource for US retail insights.
https://t.co/BHlTFTQyoT
India’s LGD exports have surpassed natural diamonds in volume.
But the the value gap is staggering. LGDs account for +50% of the volume but bring in less than 9% of the total value.
That and more, including rough LGD costs, click the link in the first comment 👇🏼
The race to the bottom can only stop if we re-educate our professionals.., many, many consumers seem more educated than the industry these days in a way that they understand "diamonds are forever".., even LGD's!! Rarity factor? Less so for both in general terms.