The diamond industry appears to be facing signs of a recession, according to a new study issued by Bain & Co. The firm’s annual global diamond industry report outlines diamond sales for 2018 and the first half of 2019, and paints a picture of how global instability has rattled consumers.
According to the study, global diamond sales are set to clock a 2 percent decrease in 2019, although “the strength of the holiday shopping season will determine the final outcome.” Rough diamond sales fared even worse — dropping a total of 25 percent.
@chrissyteigen was one of the best dressed celebrities at the Grammys 🧡
Tap the link in bio to see who else ruled the red carpet.
Grammys host @aliciakeys gave an emotional tribute to @kobebryant.
Keys followed these words with a piano performance singing, “We have to make this a celebration in his honor.. And I’m Alicia Keys to get you through it all... I’m gonna get you used to knowing music is love.”
@lizzobeeating opened the Grammys with a powerhouse performance that received a standing ovation.
Tap the link in bio for a behind-the-scenes look at how her stylist put together her and her dancer’s costumes.