Luxury > Shopping

Global Diamond Sales Face Recession, According to New Report

9 monthes ago   |   By WWD

The diamond industry appears to be facing signs of a recession, according to a new study issued by Bain & Co. The firm's annual global diamond industry report outlines diamond sales for 2018 and the first half of 2019, and paints a picture of how global instability has rattled consumers.
According to the study, global diamond sales are set to clock a 2 percent decrease in 2019, although “the strength of the holiday shopping season will determine the final outcome.” Rough diamond sales fared even worse - dropping a total of 25 percent.
Bain said the U.S. and China are the biggest...
Read more ...

 


Search by Tags

   Shopping      Luxury      Jewelry      Fine jewelry  


Watch the Moschino Runway Show Live

Watch the Moschino Runway Show Live

Tune in above to watch a live stream of the Moschino Spring runway show in Milan, Saturday at 9:30 a.m. EST. Homepage he latest trends, news and people shaping the fashion... Read more ...

She Said Yes! Actress Lily Collins Is Engaged To Director Charlie McDowell

She Said Yes! Actress Lily Collins Is Engaged To Director Charlie McDowell

Congrats! Lily Collins announced she is engaged to Charlie McDowell on Friday, September 25. “I've been waiting my lifetime for you and I can't wait to spend our lifetime... Read more ...

Must Read: Data Underscores Importance of Latinx Consumers for Beauty...

Must Read: Data Underscores Importance of Latinx Consumers for Beauty Industry, Patagonia Names New CEO

These are the stories making headlines in fashion on Friday. Latinx beauty shoppers significantly outspend peersAccording to Nielsen, those who identify as Hispanic or Latinx... Read more ...

12 Actually Good Beauty Products That Are on Sale Online Right Now

12 Actually Good Beauty Products That Are on Sale Online Right Now

Plenty of retailers are having sales right now - and if you do a little digging, there are some pretty enticing beauty deals to be found. Each week, I'll be rounding up my... Read more ...

Estée Lauder is paying NASA $17,500 an hour to take photos in space

Estée Lauder is paying NASA $17,500 an hour to take photos in space

Estée Lauder is taking the term out of this world beauty to another level, with plans to send its famous night serum into space . Earlier this month, NASA announced that it was... Read more ...

Etro: Ready-to-Wear SS21

Etro: Ready-to-Wear SS21

Although one of only a handful of Italian brands who opted to hold a physical show in Milan this week, Veronica Etro was in the majority by designing and dedicating the... Read more ...

Take an Official Look at the Off-White™ x Nike Air Rubber Dunk "University Gold"

Take an Official Look at the Off-White™ x Nike Air Rubber Dunk "University Gold"

Following full looks at the "Green Strike" and "University Blue" colorways, we now have official imagery of the Off-White™ x Nike Air Rubber Dunk "University Gold." The final... Read more ...

Johan Ku AW20 Collection

Johan Ku AW20 Collection

Johan Ku AW20 Collection Represented by Black PR. Johan Ku is a Taipei born designer who started his career as a graphic designer aged just 17. The designer was later awarded... Read more ...

The 2021 Rolls-Royce Ghost Extended Adds Even More Rear-Cabin Leg Room

The 2021 Rolls-Royce Ghost Extended Adds Even More Rear-Cabin Leg Room

Introducing the new 2021 Rolls-Royce Ghost Extended. The model has long-since been the gold standard of chauffeur-driven luxury and the latest V12-powered edition is no... Read more ...

Influencers are posing in fake private jets, we're questioning reality

Influencers are posing in fake private jets, we're questioning reality

It's no secret that influencers are always on the lookout for a backdrop that will boost their Instagram likes, and that these backdrops - from Chernobyl , to California... Read more ...