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JTV's April Programs Promote Diamonds
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30 April, 2012 |
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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
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30 April, 2012 |
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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
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30 April, 2012 |
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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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Consortium Buys Damas Intl., Board Steps Down
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30 April, 2012 |
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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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Police now investigating fired Antwerp graders
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30 April, 2012 |
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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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Bridal jewelry sales continue rising at Costco
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30 April, 2012 |
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New York--The number of consumers purchasing their engagement rings and wedding bands at Costco has increased over the past two years and now exceeds pre-recession levels, the warehouse retailer recen...
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Bridal pops with color, pavé touches
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30 April, 2012 |
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Kate Middleton set off a firestorm in 2010 when she was engaged with a sapphire ring, marking a trend that is becoming increasingly popular in the U.S.--non-traditional and colorful engagement rings.
...
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Targeting consumers online is evolving
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30 April, 2012 |
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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?
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30 April, 2012 |
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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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The Kimberley Process opens up
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16 April, 2012 |
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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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IDEX Online: KKR might combine Rio, BHP assets
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16 April, 2012 |
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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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Artisanal mining group to speak at Conclave
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16 April, 2012 |
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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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DTC Announces 72 Sightholders
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16 April, 2012 |
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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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India's February Polished Exports -54%
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19 March, 2012 |
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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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Gemfields' 1H Revenue +57%, Profit +42%
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19 March, 2012 |
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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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2011 Diamond Review
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19 March, 2012 |
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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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U.S. Chain-Store Sales +4%
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05 March, 2012 |
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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
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05 March, 2012 |
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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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RDMA Looks Forward to Renewed Growth in Russia
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05 March, 2012 |
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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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New laundering regs cover gift cards, credit
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05 March, 2012 |
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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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Our trade is recovering, but shrinking
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22 February, 2012 |
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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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Exclusive Report: A strong year for jewelers
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08 February, 2012 |
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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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Strategic choices in a shaky 2012 recovery
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24 January, 2012 |
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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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