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BHP Billiton's Diamond Production -28% 16 January, 2013
BHP Billiton reported that its diamond production fell 28 percent year on year to 413,000 ‎carats in the fourth fiscal quarter that ended on June 30, 2012. Production for the fiscal ‎year declined 29 ...
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Retail sales fall for third straight month 16 January, 2013
June marked three consecutive months of retail sales decreases in the United States, implying that unemployment, stagnant job growth and international economic unease have taken a toll on discretionar...
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Blue Nile teaming with Monique Lhuillier 16 January, 2013
Blue Nile is the latest specialty jeweler to partner with a well-known name in the wedding world to create a line of branded engagement rings and bands.
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KP chair: ‘Willingness to engage’ increasing 16 January, 2013
New York--The chairwoman of the Kimberley Process says that she cannot predict if reforms will pass when the KP gathers for its final meeting of the year in November. However, U.S. Ambassador Gilli...
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24 Karat Club banquet caps off busy weekend 16 January, 2013
The industry’s run of post-holiday events held here concluded Saturday night at the Waldorf Astoria with the 111th annual banquet of the 24 Karat Club of the City of New York.
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India Retail Outlook Turns Negative as Consumption Wanes 16 January, 2013
The outlook for the Indian retail sector in 2013 remains negative, driven by continuing weakness in consumer spending due to rising inflation, marginal real wage growth and a weak macroeconomic enviro...
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NY DDC Plans Trade Missions to Dubai, Israel, Shanghai 16 January, 2013
The New York Diamond Dealers Club (DDC) initiated and planned three trade missions to major overseas bourses as part of its ongoing effort to improve business for club members. The DDC's president, Re...
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Rio Tinto launches 2012 Argyle tender 05 September, 2012
Perth, Australia--A total of 56 pink diamonds, including two reds, and a “Once in a Blue Moon” collection of cerulean-hued stones are part of Rio Tinto’s Argyle Pink Diamonds Tender this year.
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The value of independent jewelers 05 September, 2012
The equation for attracting and keeping retail customers has never changed: products + service = loyal customers. In the early days of jewelry retail, independent jewelers offered credit as their defi...
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Atlanta show rolls out classes, workshops 05 September, 2012
The Atlanta Jewelry Show (AJS) will be held from Aug. 11-13 at the Cobb Galleria Centre here, presenting new exhibitors and designs, seminars, classes, workshops, on-site laboratories and more, as thi...
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World Diamond Congress Opens Registration Online 05 September, 2012
Organizers of the 35th World Diamond Congress, to be held in Mumbai in October, launched the event's informational website at www.diamondcongress2012.com. The portal offers registration and backgr...
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DTC July Sight Estimate at $420M‎ 05 September, 2012
The Diamond Trading Company's (DTC) July sight had an estimated value of $420 million before ‎deferments or ex-plan, as De Beers reduced prices slightly. DTC sightholders were expected to ‎reject good...
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Polished prices slide in first half of 2012 05 September, 2012
Prices are down for polished diamonds of all sizes due to sluggish demand in the Far East, issues in India and overall concern about the state of the world economy, the half-year report from Rapaport ...
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JA committee, jewelers meet with lawmakers 05 September, 2012
The Jewelers of America Political Action Committee (JAPAC) and a delegation of jewelers met with lawmakers in Washington, D.C., on June 20 to share their views on legislative issues affecting the jewe...
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National Jeweler's State of the Majors 2012 05 September, 2012
Performance among the nation's largest jewelers in 2011 was somewhat misleading. While overall sales growth was substantial--most notably at the high-end--it came in large part from increased commodit...
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Jewelers report warm summer business 19 July, 2012
Typically, summer brings a slowdown in sales for retailers, with no large jewelry-gifting holidays on the horizon and many consumers retreating to vacation spots for a break.
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IDEX Online: DEF, Botswana co-host event 19 July, 2012
More than 150 diamond and jewelry industry leaders, diplomats, government officials, delegates to the Kimberley Process Intersessional and philanthropists attended last week’s “Gala Salute to Botswana...
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Dhamani, Insley join GIA board of governors 19 July, 2012
The Gemological Institute of America has appointed Amit Dhamani, CEO and managing director of Dhamani Jewels Group, and Thomas Insley, chief financial officer (CFO) of Intrepid Therapeutics, Inc. to i...
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Police now investigating fired Antwerp graders 09 July, 2012
Antwerp--Grading laboratory HRD Antwerp announced Friday that it has passed the results of its internal audit on to judicial authorities there and has terminated its relationship with the three compan...
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Targeting consumers online is evolving 09 July, 2012
It's a common occurrence nowadays. You Google a topic of personal interest on your computer, smartphone or tablet. Let’s say, for example, the name of your favorite band. You want to see when their...
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Diamonds, the new safe haven? 09 July, 2012
Major changes are afoot at the world’s largest diamond miners: De Beers, BHP Billiton and Rio Tinto. After 80 years in the business, the Oppenheimer family likely will be out of the diamond trade by y...
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Express CMO Lisa Gavales shares how to turn “likes” in to sales 09 July, 2012
EXPRESS doesn’t just sell stylish clothes to trend-setting young women and men. The brand invites customers into a world of fashion, music and runway glamour, providing video from photo shoots, interv...
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Strategic choices in a shaky 2012 recovery 09 July, 2012
Because of 2011’s whopping economic headlines--soft economy, unemployment, limited bank credit and a falling sky, or so it seemed--creating a jewelry strategy for 2012 will be more than just an exerci...
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Exclusive Report: A strong year for jewelers 09 July, 2012
For the second year in a row, National Jeweler’s exclusive year-end survey showed that sales continue to rebound for retail jewelers, with 72 percent of respondents reporting gains in same-store sales...
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Our trade is recovering, but shrinking 09 July, 2012
Year-end statistics from the Jewelers Board of Trade (JBT) paint a picture of an industry that is on the mend but contracting slowly in North America as specialty jewelers lose market share to other r...
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Cartier supporting artisanal mining organization 09 July, 2012
French luxury watchmaker and jeweler Cartier International has awarded a grant to the Diamond Development Initiative (DDI), an organization that works to improve the lives of artisanal diamond miners ...
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IDEX Online Research: Market review and forecast 09 July, 2012
Total U.S. jewelry and watch sales were $13.2 billion in December, up a robust 12.5 percent from December 2010.
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Buyer notes ‘bull market’ for colored gemstones 09 July, 2012
Rising prices due to consumer demand in emerging economies and the growing popularity of color-change gemstones were among the trends observed by one longtime buyer after the gem shows held here in ea...
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India's February Polished Exports -54% 09 July, 2012
India's February polished diamond exports declined 54 percent year on year to $1.443 billion, according to provisional data provided by the Gem & Jewellery Export Promotion Council (GJEPC). By volume,...
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CIBJO president proposes partnership to UN 09 July, 2012
CIBJO president proposes partnership to UN
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IDEX Online: KKR might combine Rio, BHP assets 09 July, 2012
Storied leveraged buyout firm Kohlberg Kravis Roberts & Co. (KKR), a leading candidate to purchase BHP Billiton's stake in Canada's Ekati mine, may seek to combine that diamond production asset with t...
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JA sets agenda for Washington lobbying 09 July, 2012
The Jewelers of America Political Action Committee (JAPAC) has set a legislative and fundraising agenda in preparation for the 2012 elections in November.
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The Kimberley Process opens up 09 July, 2012
For about 45 minutes on Tuesday morning, Kimberley Process Chairwoman Gillian Milovanovic did something unprecedented in the history of the 9-year-old process. She hosted a video web chat open to anyb...
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Consortium Buys Damas Intl., Board Steps Down 19 June, 2012
Golden Investments Ltd. (BidCo), a company controlled by Qatar's Mannai Corporation and Egypt's EFG Capital Partners Management, gained control of Damas International Ltd. after 78.37 percent of Damas...
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Artisanal mining group to speak at Conclave 19 June, 2012
The nonprofit Diamond Development Initiative (DDI) is slated to give a talk at American Gem Society Conclave on how the organization is working to improve conditions related to artisanal diamond minin...
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RDMA Looks Forward to Renewed Growth in Russia 19 June, 2012
The Russian Diamond Manufacturers Association (RDMA) submitted a report to the International Diamond Manufacturers Association (IDMA), affirming that not only is diamond production on the rise in Russ...
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CIBJO's Diamond Commission Publishes Special Report 30 April, 2012
CIBJO's diamond commission issued its special report, ahead of the 2012 CIBJO congress that will take place next month in Vicenza, Italy. The diamond commission's president, Udi Sheintal, began his r...
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JTV's April Programs Promote Diamonds 30 April, 2012
Jewelry Television® (JTV) will devote its programming to diamonds in April, which is this month's birthstone. JTV’s ''Diamond Month'' promotion concludes on April 29 and features several new proprie...
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Indo-Russian Diamond Summit Begins April 3 30 April, 2012
India's diamond manufacturers and Russia's buyers will meet on April 3 to 5, in Surat with the aim to boost trade ties. The network meeting, jointly organized by Moscow Diamond Bourse (MDB) and Ind...
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Bidz.com's Loss Grows to $7M in 2011 30 April, 2012
Bidz.com reported merchandise sales fell 19 percent year on year to $79.1 million, while wholesale sales rose almost 9 percent to $6.8 million for the fiscal-year that ended on December 31. The online...
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Sales flat, losses mount for ShopNBC 30 April, 2012
Full-year sales were down slightly while net loss nearly doubled, ValueVision Media Inc., the multi-media retailer that operates as ShopNBC, reported Thursday.
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Merchandising event set for Atlanta, April 1-3 16 April, 2012
The Buyers Intelligence Group (BIG) is holding a “Merchandising Boot Camp” event from April 1-3 that will cover inventory and merchandising topics as they relate to the jewelry industry.
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DTC Announces 72 Sightholders 16 April, 2012
De Beers to Reduce London Sightholder Supply The Diamond Trading Company (DTC), the De Beers rough distribution unit, has chosen 72 sightholders for its next supplier of choice contract. The company...
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Rio Tinto Cuts Number of Select Diamantaire Clients 02 April, 2012
Rio Tinto Cuts Number of Select Diamantaire Clients - Rio Tinto Diamonds has reduced the number of companies participating in its Select Diamantaire program for 2012. The mining group listed on its we...
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Earnings: Macy’s, QVC, Sears, J.C. Penney, Saks 02 April, 2012
Department stores reported varying results for the full year and the holiday quarter, with high-end destination Saks Fifth Avenue turning in the strongest performance. Meanwhile, multi-media retail...
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Gemfields' 1H Revenue +57%, Profit +42% 19 March, 2012
Gemfields reported that revenue from rough and polished emerald sales rose 57 percent year on year to $45.7 million for the six months that ended on December 31, 2011. Net profit rose 42 percent to $...
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Certified Polished Diamond Prices Fall 1% in January Rapaport Issues January Research Report: Treading Carefully 19 March, 2012
Press Release, February 7, 2012, New York: Certified polished diamond prices fell slightly in the first month of 2012. Cautious trading activity is expected to continue as polished buyers are waiting ...
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2011 Diamond Review 19 March, 2012
Diamond prices rose significantly in 2011. Growth was driven by strong gains in the first half of the year even as political and economic uncertainties continued. However, the high levels reached in J...
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Jewelers of America's Matt Runci to retire 05 March, 2012
After 17 years at the helm of the Jewelers of America, Matthew A. Runci will retire at the end of this year, the organization announced Thursday afternoon.
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Exhibitors report an interest in silver at JANY 05 March, 2012
New York--The JA New York show this year welcomed new and seasoned exhibitors, among them a number of companies that exclusively create designs in sterling silver.
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Retailers: Consumers still warming to Forevermark 05 March, 2012
Heading into this just-past holiday season, Forevermark-authorized retailers tell National Jeweler that they held moderate expectations for the De Beers’ new-to-the-U.S. branded diamond.
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U.S. Chain-Store Sales +4% 05 March, 2012
U.S. chain-store sales rose 3.5 percent year on year this past week, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. Overall, for the week that ended February 4, ...
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Valentine’s Day brings jewelers love 05 March, 2012
Many jewelers across the country reported a successful Valentine’s Day, which came as a surprise to some store owners, who don’t usually see so many customers so soon after the Christmas holidays.
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New laundering regs cover gift cards, credit 05 March, 2012
The Jewelers Vigilance Committee (JVC) wants to make retailers aware of new anti-money laundering rules put into place by the federal government that pertain to gift cards and in-store credit issued f...
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Court Affirms De Beers Class Action Certification 08 February, 2012
Settlement Decision Overturns Previous Judge Panel - The Jewelers Vigilance Committee (JVC) has been notified that today, the En Banc Panel of the Court of Appeals of the Third Circuit issued its d...
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Anglo American Shareholders Approve De Beers Acquisition 08 February, 2012
Anglo American shareholders approved the company’s plan to acquire an additional 40 percent stake in De Beers from the Oppenheimer family for $5.1 billion. The plan passed as expected and with an over...
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Events View More
Ashok Sancheti President Pioneer Gems to be felicitated at Tuscon AGTA
16 Jan, 2013( Annual Tucson Gala Event )
IDCA 29 th Annual Tucson Gala Event at the AGTA Gem Show.
Press Release View More
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