Archive

  • Members of the British Jewellers’ Association (BJA) and the National Association of Goldsmiths (NAG) have voted in favour of combining the two bodies to form a single National Association of Jewellers (NAJ). The decision was made at Goldsmiths’ Fair this afternoon as part of the NAG’s annual general meeting. “The is an historic day,” pronounced Andrew Hinds, chairman of the National Association of Goldsmiths, at the conclusion of proceedings. The merger was the culmination of years of painstaking negotiation. They hope to finalize it by January next year.

  • Participants of the June Hong Kong Jewellery & Gem Fair can benefit from a high-tech browsing tool that allows seamless connection and product matching between trade show buyers and exhibitors. The Tradeboard, a new product tailor-made for jewellery fairs organised by UBM Asia, allows buyers to post specific product requests before and during the fair and receive replies from exhibitors through SMS. “Many visitors come with a very specific sourcing need such as a certain type of jewellery, or very specific gemstones or materials.

  • US jewelry tradeshow JCK closed its doors on a successful 24th edition with visitor numbers to the show up 4% year-on-year. Over 22,000 retail buyers representing over 9,400 stores attended the four day event which took place from May 29 – June 1 at the Mandalay Bay Resort & Casino in Las Vegas. “The collections featured at this year’s show were some of the best retailers have seen in years,” said Yancy Weinrich, senior vice president of JCK. “I heard over and over how impressed they were with the innovative designs, superior craftsmanship, and saleability of the products shown.”

  • Industry analyst Edahn Golan shares his impressions from last week's JCK trade fair in Las Vegas. Price consciousness throughout the retail chain and bloated inventory were common themes consistent with slower market demand. More notable was his perception of a real need for a consistent and transparent way to measure the enduring value - read, resale value - of diamonds, without too rigidly commodifying them, and the strong movement of high-end items and original, particularly handmade designs.

  • UBM Asia Ltd., Taiwan Branch and the Taiwan Jewelry Industry Association will host the third Taiwan Jewellery & Gem Fair from November 20 to 23 at the Taipei World Trade Center.

  • "There are 1.5 million people mining diamonds artisanally in Africa. If diamonds aren't selling, they don't eat." @dorotheeyumna via @DDI_Intl

    "We have to market to differentiate the diamond product. if we fail to effectively market, synthetics will kill our business." @MartinRapaport

  • Indian Prime Minister Narendra Modi, the government and the people of India are to be honoured at the D.E.F.’s Diamonds in the Sky event on 28 May during the major JCK diamond trade show in Las Vegas. He and his government are being given the Global Empowerment Salute. Nancy Orem Lyman, D.E.F. Executive Director, said: “This is in recognition of the outstanding global leadership and stellar contributions to democracy, sustainable development, and growth and expansion in India of the international diamond industry.”

  • The Diamond Development Initiative will publically receive a certificate at the JCK Las Vegas shows recognizing the grant made by the JCK Industry Fund to support DDI’s work on engaging with and educating the jewelry industry.

  • Members of the trade planning to visit the 60th anniversary edition of the IJL, which will run from September 6-8, can start registering, the organizers have announced.

  • In its first year, VicenzaOro Dubai (VOD)—organized by DV Global Link, a joint venture between Fiera and the Dubai World Trade Centre, which hosted the show—welcomed 500+ brands from more than 25 countries and more han 6,000 visitors from more than 110 countries. Next year's edition is scheduled to take place April 14-17, 2016.

  • The World Jewelry Hub (WJH) in Panama City was officially inaugurated on Monday, with diamantaires and jewelers opening their offices in the Panama Diamond Exchange and members of the trade from across the world visiting to inspect the facilities and the possibility of working with firms based at the WJH.

  • The Israeli Diamond Industry (IDI) will expand its groundbreaking “Find Your Diamond” search system at the JCK Las Vegas show, which takes place from May 29 to June 1, 2015. The Find Your Diamond proprietary system, which enables buyers to search the inventory of all Israeli exhibitors at the show, was developed by IDI software engineers especially for use at trade shows. 

  • Tanzania's minerals commissioner Paul Masanja said the fourth Arusha Gem Fair, being held this week, was a culmination of the 2009 Mineral Policy that seeks to promote the country’s ambitions of becoming the hub for gemstones in Sub-Sahara Africa.
    He also said the Tanzanian government intends to “hasten” the contribution of the gemstone industry to socio-economic development of the country.

  • The diamond industry has a few years to prepare for the next 50 years, said Paul Rowley, De Beers’ Executive Vice President of Global Sightholder Sales, today. Speaking at the Dubai Diamond Conference, he said, "We must all invest now to increase our future returns."

    The full transcript of the speech is available here.

  • Tanzania’s annual Arusha Gem Fair is a three-day event that brings together primary gemstone and mineral producers from Tanzania, Kenya, Democratic Republic of Congo, Zambia, Mozambique, Madagascar and Uganda in one forum, along with renowned industry leaders. Tanzania suspended exports of gemstones from 5 April to 3 May to ensure availability of sufficient goods to 'dedicated' buyers during the fair.

  • The Antwerp World Diamond Centre will be travelling to Chicago from April 17-20 where AWDC partners with the Chicago SMART Jewelry Show, and New York from April 21–23 for the New York Diamond Week. A series of networking events have been organized in both cities, creating the opportunity for Antwerp diamond traders to establish contacts with American jewelers and diamond traders. The New York Diamond Week is one of the most important events in the American jewelry and diamond market.

  • The second Dubai Diamond Conference, taking place April 21 and 22, will highlight the issue of ethical business behavior -- one of the most pressing issues affecting the global diamond trade. The topic will be the focus of a special panel where NGOs and businesses will address increased interest in the issue of "conflict diamonds" and sustainable development.

  • International Rough Diamond Week opened at the Israel Diamond Exchange (IDE) with a slow start April 12, which local diamantaires attributed to the show’s timing at the end of Passover as well as to poor sentiment in the global rough diamond market. However, activity did seem to pick up a little on Monday. “My rooms are filled with buyers, but there is definitely less buzz than last year,” said one representative of a major mining company.

  • Baselworld's Buyer Attendance Declines 3%

  • JCK's Logan Sachon comments on her latest trip to the HKTDC Hong Kong International Jewellery Show earlier this month and gives trade show exhibitors a  piece of advice on how to wow and draw in customers by giving them a unique and personalized experience.

  • The Gems and Jewellery Export Promotion Council (GJEPC) on Thursday slapped a show cause notice on diamond merchant Chandu Sheta, who was caught selling laboratory cultured diamonds as natural ones.

  • The National Jeweler reports that Tag Heuer, in line with what's trending on Baselworld 2015, yesterday announced it was partnering with Intel and Google on a Swiss-made smartwatch, which according to Reuters will be a digital version of their classic 'Black Carrera', that will be out by the end of the year.

  • JCK comments on the first day of Baselworld 2015, which is seemingly starting out with a soft pop instead of a bang, despite an opulent array of new jewels.

  • The Dubai Diamond Exchange (DDE), today announced that leading mining executives from De Beers Group, ALROSA and Endiama will be presenting at the second Dubai Diamond Conference. The conference will host leading executives from De Beers, ALROSA and Endiama to discuss the trading shift from the west to Africa and Asia.

  • JCK's Victoria Gomelsky sums up what people will be talking about at this year's Baselworld: the advent of smartwatches, and the Apple Watch in particular, marks a whole new era in watchmaking, using new technologies that allow you to make the most of your watch. Much discussion has been going on about which materials are used to create the ultimate (gold or other) alloy. Last but not least, pricing will be a topic of much discussion, Gomelsky predicts.

  • "The chase for lower price-point items at the Hong Kong show is actually a trend, and it is echoing the US Christmas holiday sales trend – more diamond jewelry items are sold, but the average price point is lower, sometimes much lower.​"

    Edahn Golan, independent industry analyst calls for heavy investment in generic marketing to spur consumer interest in diamond jewelry.

     

  • Show organizers noted a slight rise in the number of buyers at the Hong Kong International Diamond, Gem & Pearl Show and the Hong Kong International Jewellery Show last week. More than 76,000 buyers from 140 countries and regions attended, but reports indicated that business was slow..​

  • The 40th edition of the four-day Istanbul Jewelry Show (IJS) kicks off today at the Istanbul Exhibition Center. Organised by UBM Rotaforte, the B2B event features more than 1,250 local and international exhibitors from more than 25 countries.

  • From March 2-6, the AWDC hosted 109 leading diamond traders in the Antwerp Diamond Pavilion at the 2015 Hong Kong Diamond, Gem and Pearl Show. Hong Kong remains the # 1 destination in the world for polished diamonds, making this show one of the premier marketplaces for diamantaires.