Via our analysis of data evident on RapNet we will assess the supply, demand and pricing dynamics of the market. The data puts current market trends and the forces driving change in the diamond and jewelry industry into perspective. By doing so, we can better understand the interchange between the challenging wholesale diamond trading environment and the ever-evolving jewelry retail landscape. The data empowers us to ask pertinent questions, such as:
- How is the trade adjusting its inventory to accommodate retailers selling to the millennial consumer?
- How should jewelry retailers approach this dynamic in their inventory management.
These questions will enable us to brainstorm some potential solutions on how businesses can navigate this competitive global market.
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