In March 2020, the world faced a sudden and unexpected disruption to everyday life on a global scale. Consumerism was turned on its head, and shopping habits shifted drastically, almost overnight.
Of course, the biggest shift was the move to online shopping and digital experiences. In mid-2020 in the US, between 30% and 50% of[…]
The fashion industry has a problem, and it’s called sustainability.
Fashion is a truly global and complex industry, connecting raw materials suppliers, manufacturers, brands and consumers in every corner of the world. It’s also a massive one, expected to reach a value of $1.7 trillion in 2021.
In the next installment of the Rapaport Diamond Tech Podcast, the discussion moved downstream to cover the latest trends and transformation in jewelry sales and marketing, with episode four, The Reinvention of Retail.
Here we are again with a recap of the third instalment of the Rapaport Diamond Tech Podcast series, proudly sponsored by Sarine, and this time, featuring a guest appearance by our CEO David Block.
For many decades, the diamond pipeline has stretched a long road from the mine to the consumer. From upstream, where the diamond is mined and sourced, to midstream, where is it planned, cut, and polished, all the way downstream, where it is traded among wholesalers and retailers, and finally marketed to the customer. The journey[…]
These are not ordinary times. And in the shadow of a global pandemic and a tumultuous economy, consumer behaviors are not ordinary or predictable either. However, there are clear signs pointing towards healthy recovery for the diamond industry, based on continued consumer appreciation for the emotional symbolism of diamonds, a slow[…]
The road from rough diamond to polished jewel is long and winding.
This year marks a major milestone for women.
Women now make up the majority of the workforce in the US, with 50.4% of jobs being held by women, compared to 49.7% just a year ago.
Women today have more opportunities than their ancestors could ever have dreamed of, and more identities than ever before.
If there was a clear underlying trend in the retail sector of the diamond and jewelry industry in 2019, one that will definitely be a factor again in 2020, it is the personalization of the diamond selling experience. In a nutshell, it involves telling the story behind the stone and telling consumers the romantic tale of its[…]
“A Diamond is Forever”. Arguably one of the most famous and successful advertising campaigns in history set the highest of standards for this valuable gemstone. Scientists now believe there are a quadrillion tons of diamonds buried in the earth, and outer space is swarming with diamonds. Each year, approximately 133 million carats[…]
The diamond industry, reimagined
