Episode's summary
In this second episode of Diamond Profile, GCAL’s new podcast series, Ronnie Vanderlinden and Jeffrey Fischer shared their views of the current state of the diamond industry, as well as their forecasts for the holiday season ahead. Views included warnings of what the industry could potentially be facing, as well as optimism for a successful holiday season. Both their insights are based on many years of experience as leaders and veterans in our industry. They discussed supply chain disruptions, primarily impacted by conditions in India, as well as the influence of other diamond market centers. Forecasts of size, quality and price shifts were provided. They pointed to positive signs, including India’s purchase of about $700 million in rough; advertising support from the Natural Diamond Council; and diamonds as the one luxury item that is seeing growth. They also reacted to what seems to be a disconnect between diamond suppliers and retailers, in terms of product availability for the holidays; and how…
In this second episode of Diamond Profile, GCAL’s new podcast series, Ronnie Vanderlinden and Jeffrey Fischer shared their views of the current state of the diamond industry, as well as their forecasts for the holiday season ahead. Views included warnings of what the industry could potentially be facing, as well as optimism for a successful holiday season. Both their insights are based on many years of experience as leaders and veterans in our industry. They discussed supply chain disruptions, primarily impacted by conditions in India, as well as the influence of other diamond market centers. Forecasts of size, quality and price shifts were provided. They pointed to positive signs, including India’s purchase of about $700 million in rough; advertising support from the Natural Diamond Council; and diamonds as the one luxury item that is seeing growth. They also reacted to what seems to be a disconnect between diamond suppliers and retailers, in terms of product availability for the holidays; and how…
Episodes
Industry Leaders Discuss State of the Diamond Market
ListenedIn this second episode of Diamond Profile, GCAL’s new podcast series, Ronnie Vanderlinden and Jeffrey Fischer shared their views of the current state of the diamond industry, as well as their forecasts for the holiday season ahead. Views included warnings of what the industry could potentially be facing, as well as optimism for a successful holiday season. Both their insights are based on many years of experience as leaders and veterans in our industry. They discussed supply chain disruptions, primarily impacted by conditions in India, as well as the influence of other diamond market centers. Forecasts of size, quality and price shifts were provided. They pointed to positive signs, including India’s purchase of about $700 million in rough; advertising support from the Natural Diamond Council; and diamonds as the one luxury item that is seeing growth. They also reacted to what seems to be a disconnect between diamond suppliers and retailers, in terms of product availability for the holidays; and how…
Stuller Execs Share Insights
ListenedIn this first episode, Harold Dupuy and Carl Lehnhardt are sharing invaluable insights and experience. They discussed the need to retrofit the Stuller facility to comply with requirements. They focused on Retail Trends (We had no idea it would return in the manner that it did)… Diamonds (Rounds have been king, but Ovals are ready to take the king's head off)… Lab Grown vs Natural (We saw surprising growth in natural, but more and more people are ok with lab grown)… On the DPA’s (Diamond Producers Assn.) name change (It signaled a shift from Hatfields & McCoys trying to denigrate the other product. Let the rising tide lift all boats. It's a consumer choice, that will put some wind in the sails of lab grown) … India (They got hit 6 weeks later, and are far from peaking)… Gemstones (We saw no major shifts, with precious stones still representing one-third of the market)… and Jewelry (Halos are still dominant, solitaires remain strong, and stackables are a staple). Harold Dupuy is Vice President of Strategic…