Market Survey

Antwerp--A new report from Bain & Co. predicts that sales of jewelry and watches in the U.S. market will increase about 4 percent a year between now and 2105, reaching $75 to $80 billion as diamond sales recover along with the rest of the industry.The report, however, questions whether today’s younger consumers in the U.S. have the same affinity for diamonds as their older counterparts.Called “The Global Diamond Industry” and prepared in conjunction with the Antwerp World Diamond Centre (A..

Beyonce Knowles' fragrance Heat is the top selling celebrity perfume in the UK.The 29-year-old singer's debut scent - which is described as a mixture of floral, fruity and woody with tones of milkwood and tonka bean - beat Coleen Rooney's Butterflies to be named the best seller at The Fragrance Shop.Homme by soccer star David Beckham was third in the list, while his Intimately Yours fragrance was fifth, sandwiching Mariah Carey's Lollipop Bling which came in fourth.David's wife Victoria Beckha..

More than 450 jewelry pieces, including a rare blue diamond, should draw at least $40 million in a Christie's auction this week from buyers seeking to hedge against financial market risk.Diamonds and colored-stone jewelry prices have shot up 20 percent from a year ago, and record prices likely will be set at this sale, Rahul Kadakia, head of the jewelry department at Christie's in New York, said in an interview."A lot of investors and clients who enjoy jewelry have started purchasing important..

Sales of the glittering rocks have shot up by 20 to 30 percent, Liu Yujie reportsDiamonds are hot this summer and prices have shot up by 20 to 30 percent in recent weeks as more people have decided to invest in stones larger than one carat. And with advertisements for diamonds proclaiming "a diamond lasts forever", the classic styles continue to be the most popular. Zhu Yun, chief product officer of I DO, and Chen Xinyi, chief product officer of M&L, two companies that specialize in the de..

Spending on luxury goods by affluent Americans is forecast to grow by $28 billion in 2010, experts said on Wednesday, and the wealthy are happy despite most believing the United States is still in recession.The "Survey of Affluence and Wealth in America" found luxury spending would rebound for the first time in three years, led by purchases of automobiles, services, travel and children's clothing.But the online poll of 1,900 households with an average annual income of more than $235,000 by Ame..