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HERE’S HOW 2022 WILL FINISH FOR JEWELERS (AND HOW YOU SHOULD PLAN FOR IT) | June 7, 2022
ANGIE ASH, ELLEN FRUCHTMAN AND SHANE O’NEILL
With all of the turmoil in the news, including rising interest rates, inflation and the state of the market, there are a lot of unknowns as retailers move forward in 2022.
RUSSIA-UKRAINE WAR MAY LEAD TO SHORTAGE OF DIAMONDS IN COMING FESTIVE SEASON | June 7, 2022
MANISHA GUPTA, CNBC
In an interview to CNBC-TV18, Colin Shah, Chairman of GJEPC said there may be shortage of diamonds and job losses if Russia-Ukraine war continues for a prolonged period. He said 30-35 percent of rough diamonds come from Russia and due to sanctions have not come to India
HOW THE WAR HAS SHAKEN UP DIAMOND SUPPLY | May 31, 2022
JOSHUA FREEDMAN, RAPAPORT
The diamond industry finds itself in the middle of many external forces. The Russia-Ukraine war has altered the supply situation and damaged US demand for Alrosa goods. Lockdowns in China have reduced sales in the most important Far East market.
NO RUSSIAN ROCKS! US COMPANIES WANT CAST IN STONE GUARANTEE | May 25, 2022
ECONOMIC TIMES
Jewellery retailers in the US, wary of unwittingly stocking diamonds sourced from Ukraine’s aggressor Russia, have asked the diamond cutting and polishing units in Surat and Mumbai to mention the place of origin of the rough stones in their invoice.
5 PREDICTIONS FOR JEWELRY RETAIL IN THE SECOND HALF OF 2022 | May 19, 2022
LENORE FEDOW, NATIONAL JEWELER
New York—Jewelry retailers have seen spectacular sales growth the past two years, but there’s mounting evidence that a slowdown is on the way.
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