【Shanghai, Ch】Diamonds Still Unpopular in the First Half of the Year: Why Aren’t People Buying Despite Price Drops?

Editor’s NoteDe Beers’ latest financial report highlights a significant downturn in the natural diamond market, with revenue and sales volume both…

【Switzerland】Richemont: This Luxury Conglomerate Even Challenges LVMH

Editor’s NoteThis article examines the recent surge in Richemont’s stock, which has outperformed its European luxury rivals. The analysis highlights…

【South Korea】Why Diamond Prices Are Falling While Everything Else Rises [Business Focus]

Editor’s NoteThis article highlights a notable divergence in global commodity trends, with diamond prices falling sharply even as other precious…

【China】Diamond Industry in Crisis: Why China is a Key Factor

Editor’s NoteThe iconic “diamond is forever” ideal is facing a modern reckoning. As consumer preferences shift towards gold, lab-grown alternatives,…

Diamond Industry ‘In Trouble’ as Lab-Grown Gemstones Tank Prices Further

Editor’s NoteThis article examines the shifting dynamics in the global diamond market, highlighting a significant decline in demand from China and a…

【South Korea】Luxury Brands Pour Efforts into Influencer Marketing

Editor’s NoteThis analysis, based on data from Luxurynsight and Trackr, examines the strategic pivot of luxury brands toward influencer marketing in…

【China, USA】Natural Diamond Industry Faces Existential Crisis, De Beers to Invest Over 100 Million Yuan in China and US to Promote ‘A Diamond is Forever’

Editor’s NoteThe latest sales figures from De Beers reveal a sharp downturn in the global diamond market, with rough diamond sales plummeting 82%…

【China】Douyin Luxury Gravitational Center – 2023 Douyin Luxury Industry Report

Editor’s NoteThis report examines how Douyin has evolved into a central platform for China’s luxury sector, driving brand engagement and sales…

【China】Young People Use ‘Saving Gold Beans’ as Investment Alternative; Short-Term Resale May Incur Loss of 90 Yuan Per Bean

Editor’s NoteThis article explores the trend of young investors turning to small, playful gold products like “gold beans” as a novel form of…

【Hangzhou, Ch】Global Diamond Prices Plunge Nearly 20%, Why Haven’t Prices Changed Much in Brand Jewelry Stores?

Editor’s NoteThis article examines the recent decline in diamond prices, citing a 6.5% drop this year and an 18% fall from their 2022 peak. It…