RAPAPORT... The numberof jewelry pieces being sent to the International Gemological Institute (IGI) forgrading and authentication continues to increase, indicating a faster-than-expectedrevival among jewelers, according to CEO Roland Lorie.
"I think that the problems come more from production andmanufacturing than the consumer side,"Lorie said on episode 31 of the Rapaport Diamond Podcast. "I'm not going to say that everything is right on the consumer side, but orders are coming in. Retailers want to have goods in their shops and on their onlineplatforms."
Lorie alsogave his views on hot-button issues affecting the industry and the gradinglabs, including lab-grown diamonds, traceability and automation in diamondgrading.
Listento the episode here: