Annual Rapaport Breakfast focuses on need for transparency and ethical sourcing.
Strong Gold Prices Dent Chow Tai Fook Revenue
Decline in sales narrowed over the second half of the fiscal year.
Speculation has been building over the past month and a half that De Beers had been offering discounts to selected sightholders since early this year. It was unclear how many of them were getting these special prices, what the terms were, and whether this was substantially different from past practices.
Sources that spoke to Rapaport News in recent days believed it started off as a very small number of clients getting reductions of around 10% to 20% for 4- to 6-grainer (1- to 1.5-carat) and 2- to 4-carat rough…
Decline in sales narrowed over the second half of the fiscal year.
Organization is also joining forces with others in the industry to create a marketing fund for natural.
Country signs memorandum of understanding for future business.
Annual Rapaport Breakfast focuses on need for transparency and ethical sourcing.