Bain in the news

  • US, with help from Chinese tourists, boosts global luxury spending

    October 14, 2014 | Fortune | Media mention

    Fortune cited a Bain & Company report, which forecasted “global luxury spending [as] still on track to rise 5% in 2014.” The report also stuck to its projections “that global luxury goods sales will rise between 4% and 6% a year between 2014 and 2017.

  • Diamond exploration in Canada: Opportunity knocking or a fool’s errand?

    August 12, 2014 | Mining.com | Media mention

    According to Mining.com, the "quoted size of the global rough diamond market can vary depending on the provided estimates." For example, Bain & Company estimated revenues at US$14.8 bn while Kimberly recorded a market value of US$12.6bn.

  • Diamonds regain their sparkle for miners on rising demand and prices

    July 08, 2014 | The Wall Street Journal | Media mention

    The Wall Street Journal cited findings from Bain & Company's 2013 Diamond Industry Study. According to the report, “In 2012, rough diamond miners achieved average profit margins of between 16% and 20%.

  • De Beers hopes for diamond exploration rights in Angola by year-end

    March 24, 2014 | Metals and Mining | Reuters | Media mention

    De Beers has seen diamond prices rise by 2-3 percent in the last year but have high expectations due to sale increases in India, China, and Japan.

  • With engagement rings, love meets budget

    January 31, 2014 | Metals and Mining | New York Times | Media mention

    At a time when many young adults are facing a weak job market and large student debts, the luxurious diamond engagement ring continues to find its way to ring fingers all over the United States.

  • A rare and beautiful stone fails to shine: Tanzania’s missed opportunity

    December 20, 2013 | Metals and Mining | Knowledge@Wharton | Media mention

    Tanzanite, a rare and undervalued gemstone has great potential for Tanzania. However, the industry is in need of significant changes and reforms in order to capitalize on the opportunity before time runs out.

  • Taking the ice trade back to Africa

    November 11, 2013 | Metals and Mining | The Times | Media mention

    Botswana is estimated to be the worlds largest diamond producer with the industry accounting for a third of their GDP and half of their government revenue.

  • Diamonds according to Bain

    November 01, 2013 | Rapaport Magazine | Media mention

    Bain & Company has prepared its 3rd consecutive annual report on the state of the diamond industry. This year's report focused on the various components of the industry's value chain - from extraction to retail.

  • Commodity Slump Clouds Outlook for African Policy Makers

    May 08, 2013 | Macro Trends, Metals and Mining | Bloomberg | Media mention

    As metal prices decline, Bain & Company's head of the Global Mining practice Alan Bird, explains what this will mean for the mining sector. According to Bird, the African mining industry should survive the slump, so long as a long-term approach is taken.

  • Petra Diamonds Focused on Africa Growth but Keeps Eye on M&A

    February 08, 2013 | Mergers & Acquisitions, Metals and Mining | Dow Jones Business News | Media mention

    A Bain & Company report has found although diamond prices and demand from India and China are set to increase by an annual rate of 2.7% until 2020, which is expected to witness a 5.9% average growth rate, production has been falling steadily since 2005.