Industry Challenges and Opportunities

Industry Challenges and Opportunities

May 31, 2018, 1:00 PM - 1:45 PM

Tradewinds C/D, Pool Level
Language:
English

We will look at each stage of the pipeline and present the main issues each faces and how they relate to others in the pipeline, starting with retail, wholesale / dealers, diamond manufacturers, and miners.

For example:

Jewelry Retailers

·       Challenge – Millennial demand and changing retail landscape

·       Opportunity – Consumers looking for fun, creative experiences and personalized service which jewelers can provide with enhance brand promise and service.

Wholesale / dealers

·      Challenge – middleman being squeezed out.

·      Opportunity – can facilitate added-value service for retailers to pass on to consumers. 

Manufacturers

·      Challenge – tight profit margins due to high rough, stagnant polished.

·      Opportunity – well positioned to facilitate provenance claims.

Miners

·      Challenge - High investment and costs.

·      Opportunity - Scarce supply should translate to revenue growth.

Presented by: Rapaport

Contributors

  • Avi Krawitz

    Panelist

    Senior Analyst and News Editor

    Rapaport

    Avi Krawitz is a Senior Analyst and News Editor at Rapaport with over 11 years’ experience covering the diamond and jewelry industry. He is...

  • Sonia Esther Soltani

    Panelist

    Editor in Chief

    Rapaport

    Sonia Esther Soltani is the Editor in Chief of Rapaport bringing over 13 years’ experience as a writer and editor on award-winning weekly trade...

  • John Costello

    Panelist

    Publisher/CEO

    Rapaport/Rapaport’s Information Services Division

    John Costello, Publisher of Rapaport and CEO of Rapaport’s Information Services division, is a native of Dublin, Ireland with over 20 years’...

JCK Las Vegas 2018

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