Rapaport
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5th February 2025
The Way Forward: Why Luxury Diamonds Are the Future
The diamond industry is confronting significant changes and Martin Rapaport laid out a clear path forward in the Rapaport Webinar: 2025 – The Way Forward on January 29, 2025. Addressing the challenges of falling prices, shifting consumer demand, and the rise of synthetic diamonds, Rapaport emphasized the urgent need for the trade to reposition itself.
Claiming that the best way to make money in the diamond business is going to be luxury diamonds, Rapaport argued for selling “fewer, better dia...