Polished – wholesale and manufacturing
Fiera di Vicenza Launching VICENZAORO The Boutique Show
The new year will see the launch by Fiera di Vicenza of VICENZAORO The Boutique Show, a revolutionary exhibition format developed by the company for the gold and jewelry industries that assembles exhibitors into homogeneous communities, classified by reference values, type of production and purchasing procedures.
EGL South Africa Head Upset With RapNet EGL Decision
EGL South Africa Managing Director Alan Lowe has issued a statement regarding his lab in response to a RapNet press release issued on September 9 regarding its suspension of EGL diamond certificates.
However, the Global Diamond Portal is inviting members of the diamond industry around the world to continue uploading their diamond stocks to the site, regardless of the certificate with which they are provided.
IDE Invites WFDB Exchanges to Participate in Diamond Week
The Israel Diamond Exchange (IDE) wants members of its 29 sister diamond bourses affiliated to the World Federation of Diamond Bourses (WFDB) to participate in the February 8-12, 2015 Winter edition of its International Diamond Week.
GJEPC Submits Plans For Expansion of Diamond Sector
India's Gem & Jewellery Export Promotion Council (GJEPC) has submitted proposals to the Ministry of Commerce & Industry with one-year and three-year action plans for the expansion of the gem and jewelry trade.
India's GJEPC Denies Sector Selling Diamonds At Large Discounts
The Gems and Jewellery Export Promotion Council (GJEPC) says media reports out of India that some diamantaires are selling polished goods at discounts of 5-20 percent due to financing issues as a result of the closure of the Antwerp Diamond Bank (ADB) are incorrect. The GJEPC said the reports were "false and baseless".
Israel Diamond Exchange Sets Date For Summer International Diamond Week
The summer 2015 edition of the biannual International Diamond Week will be held from August 30 to September 3.
Meanwhile, preparations are in full flow ahead of the winter edition of the show to be held from February 8 to 12 on the Trading Hall of the Israel Diamond Exchange, the IDE's website reported.
DDC, GJEPC Pleased With First-Ever Indian Diamond Week
Organizers of the first India Diamond Week held at the Diamond Dealers Club (DDC) in conjunction with the Gems & Jewellery Export Promotion Council (GJEPC) have praised the success of the event.
Significant business transactions and new connections were made on the DDC’s Trading floor by U.S. and overseas participants, including DDC members and exhibitors from abroad, the DDC said in a statement.
Bank Mizrahi-Tefahot Expands Credit To Israeli Diamond Firms
In a meeting held between the management of Bank Mizrahi-Tefahot led by Eldad Fresher, CEO, and CTO, Ophir Morad, and leaders of the Israeli diamond industry headed by Israel Diamond Exchange President, Shmuel Schnitzer, President of the Israel Diamond manufacturers Association, Kobi Korn and IDI Chairman Moti Ganz, Fresher announced that an expansion of credit to the Israeli diamond industry.
Panama Diamond Exchange President Erez Akerman Visiting Israel, India
Panama Diamond Exchange President Erez Akerman is visiting Israel and India over the next two weeks to meet members of the diamond trades to discuss opportunities available in the Panama Gem & Jewelry Center, Latin America's first dedicated diamond, colored gemstone and jewelry trading complex, which currently is under construction in Panama City.
U.S. Jewelry Store Sales Up 3% On Year In June
U.S. jewelry store sales increased 3 percent year on year to $2.391 billion in June, according to government calculations.
U.S. jewelry and watch sales from all retail channels rose 3.4 percent during the month, with jewelry sales up 3.3 percent to $4.886 billion and watch sales increasing 3.6 percent to $666.3 million.