Signet Folds James Allen and Rocksbox, Saks Cuts 5 Percent, Richemont Reports May 22
Signet announced 100 store closures in fiscal 2027 and consolidated to three core brands, folding James Allen into Blue Nile and Rocksbox in…
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Richard Wrighterson covers gold, diamonds, and precious metals markets for JewelersTrend.
20 published articles · Member since March 2026
Signet announced 100 store closures in fiscal 2027 and consolidated to three core brands, folding James Allen into Blue Nile and Rocksbox in…
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Bain now projects lab-grown diamond price declines at 5 to 8 percent annually after the cumulative 74 percent drop from 2020 to 2025. De Bee…
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Anglo American confirmed it remains committed to divesting De Beers and added a third writedown of 2.3 billion dollars. CEO Duncan Wanblad s…
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Rapaport April 2026 data sent a split signal. The 1-carat RAPI fell 1.4 percent on the month while smaller stones rebounded sharply. The 0.3…
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De Beers has trimmed its sightholder roster from approximately 69 buyers to 45 for the July 1, 2026 contract cycle, imposing a $15 million m…
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De Beers moved 7.7 million carats across two Sights in Q1 2026, up 64% year-over-year, but average realized price fell to $101 per carat fro…
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Anglo American's De Beers sale produced three known bids: Gareth Penny backed by Antwerp sightholders, Diacore's Nir Livnat, and mining inve…
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Rapaport's pivot to support only natural diamonds is the year's first major trade-press positioning shift. Small rounds (0.30 to 0.89ct) sta…
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The diamond business is alive, but it no longer moves as one market. The split between goods that still sell and goods that just sit is gett…
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India's latest export numbers are not just an India story. They are a global trade signal about tariff exposure, concentration risk, and whe…
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Tariffs compressing margins, a vanishing watchmaker pipeline, and Gen Z gravitating to Cartier — three structural forces reshaping the tra…
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Signet shuts 100 stores, De Beers slashes output, natural diamond prices fall 11.5%, and lab-grown captures 52% of center stones. The mid-ma…
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The largest luxury retailer in the world is under court supervision. For jewelry and watch vendors, the restructuring changes the math on ev…
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At $4,675 per ounce, 10K gold is not a compromise. Designers are repositioning it as a durability and accessibility play.
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Edge Retail Academy data reveals independent jewelers grew 4.7% in 2025 revenue — but sold 5.6% fewer units. Average tickets rose 10.9%, a…
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Lab-grown bridal sales were up 23.7% in January while natural diamond units fell 8.5%. De Beers just cut its sightholder list by 30%. And Bl…
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Lab-grown hit 52% of center stones. Signet says both can grow. De Beers took a $2.3B writedown. The trade is splitting into two lanes.
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This week's trade-relevant market movements across luxury watches, jewelry and diamonds, gold and bullion, and industry news.
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The jewelry industry isn't dead. The old sales script is. And the stores that won't adapt are handing their customers to the ones that will.
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AI may change the jewelry and watch industry, but it cannot replace skilled labor. Watchmakers, jewelers, setters, casters, melters, assayer…
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