PodcastsJan 12, 2026
The latest poscasttest
SourcingApr 22, 2016
NPD Group Launches Diamond Tracking Service
The company now is providing the industry with market data regarding diamond sales gathered from both independent retailers and large chains.
Port Washington, N.Y.--The NPD Group now is providing the diamond industry with market data regarding diamond sales at retail to give clients the ability to analyze market trends.
The new Diamond Tracker Service will provide the diamond industry with detailed point-of-sale information and monthly sales and inventory trend information, including information about quantities of diamonds sold, pricing and inventory levels.
The data also separates trends by specific diamond characteristics for all types--natural and lab-grown--and all diamond attributes like the 4Cs, and tracks market characteristics such as wholesale source, form of purchase and more.
The data given to The NPD Group comes directly from the store management software systems of independents as well as chains.
Up until now, the NPD Group said, the diamond industry has had to rely heavily on “trade-level anecdotal information” to gauge consumer preferences and shopping habits, posing challenges related to pricing and product mix decisions at retail and resulting in a disconnect at the manufacturing level between diamond supplies and actual retail demand.
This creates issues inventory imbalances and “volatile” wholesale pricing corrections, NPD Group said.
“We are excited to introduce detailed information and insights into the diamond market, to help NPD’s clients make fact-based decisions when buying and selling diamonds,” said Chris Casey, managing director of diamonds and diamond jewelry at NPD. “Our information gives the level of depth necessary for members of the diamond community--mining companies, manufacturers and dealers, financial analysts and retailers--to understand and leverage trends, and create more focused and effective marketing, pricing, production and purchasing plans.”
Editors' Picks
Sponsored by
More on Sourcing
The Latest
Weekly QuizOct 03, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
PodcastsJan 12, 2026
Introducing My Next Question, the PodcastA monthly podcast series for jewelry professionals
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
PodcastsNov 27, 2025
Test Podcast With VideoTest Podcast With Video. New interview with Ada Lovelace.
PodcastsNov 25, 2025
Test New Podcast PostAbstract for tests. New Podcast interview with John Lennon, Jimi Hendrix and Jim Morison.
ColumnistsOct 09, 2024
Peter Smith: 7 Things to Know When Selling LuxuryAhead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.
AuctionsOct 09, 2024
Rolex Worn on Apollo 14 Mission Up for SaleThe GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.
MajorsOct 09, 2024
New Simon Campaign Invites Gen Z to ‘Meet Me At The Mall’The ads celebrate the mall culture of the ‘80s and ‘90s.
MajorsOct 09, 2024
PGI Launches New Virtual Sales TrainingRetail sales associates can access the video series on mobile to refresh their selling skills.
Policies & IssuesOct 09, 2024
GJNRF: Reaching Out, Rebuilding Futures For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.
AuctionsOct 08, 2024
Sotheby’s Selling Jewelry That Belonged to a Bulgarian TsarThe November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.
SurveysOct 08, 2024
What to Know About Online Shopping This Holiday SeasonDeloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
CollectionsOct 08, 2024
Sylvie Adds New Men’s BandsThe Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.
SourcingOct 07, 2024
Rio Tinto to Offer 76 Diamonds in 2024 Beyond Rare Tender The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.
CollectionsOct 07, 2024
Olympian Kristi Yamaguchi Partners With Heller Jewelers on New CollectionA portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.
SurveysOct 07, 2024
Hill & Co.’s New ‘Business of Jewelry Report’ Is OutThe first in what is slated to be a series of in-depth reports from the consulting company, it focuses on shortening supply chains.
WatchesOct 04, 2024
Watches of Switzerland Clocks Another Acquisition—HodinkeeThe company said Benjamin Clymer will return to his role as head of the watch news website, which will maintain editorial independence.
