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Diamond News Broadcast
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Rapaport News |
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Industry consultant Ben Janowski discusses what the De Beers settlement means to the trade in the United States in terms of DTC business plans and the Forevermark. Platinum Guild International previews new jewelry lines in this first of a two part series. Fine jewelry brand Carrera...
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Consumer Confidence Slides to 28-year Low
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Jeff Miller |
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Treasury Secretary Henry Paulson said today the economy in the second half would rebound quickly in the United States. But someone should share that prediction with consumers. On the same day Paulson spoke about the health of the economy, the monthly Reuters/University of...
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Russia Vows to Assist ALROSA, Others Develop Assets in Africa
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Dialog NewsEdge |
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Itar-Tass, MOSCOW: The Russian Foreign Ministry is going to assist companies operating on the African continent, deputy foreign minister Alexander Saltanov said in his greetings to the international conference "Hydrocarbon and Solid Mineral Resources of Africa: Possibilities...
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Tsutsumi Jewelry FY08 Rev. +4%, Profit -32%
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Jeff Miller |
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Integrated jeweler Tsutsumi Jewelry Co. of Japan reported that fiscal year 2008 revenue rose 4.1 percent to JPY31.71 billion ($305.2 million. ) Net profit fell 32 percent to JPY2.31 billion ($22.2 million) for the fiscal year ending March 31, 2008.Operating profits fell...
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India: Rough Prices Squeeze Surat Trade
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Dialog NewsEdge |
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Business Standard: The glittering gemstone is all set to cost more. With the Diamond Trading Company (DTC) recently hiking prices of rough diamonds, Surat's diamond industry expects a 4 to 5 percent rise in prices of polished diamonds.DTC, the largest supplier of rough...
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'Fine Jewelry News' Website Builds Community for Women
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Jeff Miller |
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The Fine Jewelry News launched a community-based website designed to give women a forum to discuss fine jewelry. "Fine Jewelry News celebrates jewelry as a way for women to honor their accomplishments, to mark a moment in time with their children, or to be a little bit...
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Houston: Two Major Hits Against Dealers in Two Days
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Jeff Miller |
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A recent spree of hits against dealers visiting Houston account for about $3 million in lost goods -- not counting the physical injury and trauma to the salesmen. The fourth hold-up in three weeks occurred yesterday at 1:30 p.m. when police describe three masked men...
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Auction Market Resource Website Offers New Features
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Press Release |
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REGO PARK, NY: After more than a year of thinking, strategizing and testing, Auction Market Resource (AMR) has risen like a sooty Phoenix with a new and (truly) improved website of jewelry at auction. One of the more important changes in this tough economic time is a new...
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Vaaldiam 1Q Production Slows, Diamond Sales Approach $4M
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Jeff Miller |
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Vaaldiam Resources Ltd., which closed its first quarter March 31, 2008, reported selling some 21,000 carats for $3.89 million during the period. The diamond mining company completed integration of Great Western Diamonds Corp., and Elkedra Diamonds NL into the company's...
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Belgium April Polished Exports +53%, Rough Imports +65%
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Jeff Miller |
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April polished exports from Belgium rose 53 percent to $1.104 billion. Polished imports rose 42 percent to $1.165 billion resulting in a net import of $61 million worth of polished diamonds. One year ago, Belgium had a net import of polished goods worth $103.3 million....
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Tanzanite Foundation Commissions Consumer Research to Drive Sales
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Jeff Miller |
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The Tanzanite Foundation commissioned the Jewelry Consumer Opinion Council (JCOC) to conduct consumer research on tanzanite and tanzanite jewelry. This program is meant to help the Tanzanite Foundation's manufacturer members develop additional business opportunities in the...
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India: Gold Jewelry Sales Experience Further Declines
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Dialog NewsEdge |
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The Economic Times: It has not been a glittering time for jewellers. More than 15,000 jewellers have been at the receiving end of the soaring gold prices, which have caused their sales to dip by 75 percent. The end of marriage season have also compounded their woes.This...
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WJA Announces Agenda for 'Women in the Know' West Coast Conference
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Press Release |
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LOS ANGELES: Information and inspiration will be at the top of the agenda of the Women’s Jewelry Association’s 2nd Annual West Coast “Women in the Know” conference, to be held Friday, August 15, 2008, at the Hyatt Regency Century Plaza in Los Angeles. This dynamic full-day...
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No Recession in Tiffany's World
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Dialog NewsEdge |
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MarketWatch, SAN FRANCISCO: Seriously, how bad can things be?Tiffany & Co., who more than any other retailer exudes frivolous luxury, made clear Thursday that if there's a recession out there, it sure isn't having a major affect on its clientele.The company raised...
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Tiffany Shareholders Elect Fish, May to Board of Directors
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Jeff Miller |
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Tiffany & Co. stockholders elected Lawrence K. Fish and Peter W. May to its board of directors. They join seven incumbent directors who were re-elected. Fish, 63, is chairman of Royal Bank of Scotland America and chairman of Citizens Financial Group Inc. May, 65, is...
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RBC: Rough Prices Will Continue to Rise
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Avi Krawitz |
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RBC Capital Markets hosted its annual diamond conference in London on Thursday and cautioned that diamond prices would continue to rise as demand outpaces supply. “While the short-term outlook for consumer demand for diamonds is somewhat depressed, the longer-term outlook for...
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Stelman Diamond Partners Warns of Fraudulent Requests Going to Canada
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Avi Krawitz |
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Antwerp-based Stelman Diamond Partners has filed a complaint with police regarding a fraudulent scheme requesting goods to be sent to an address in Canada in the company’s name. “Stelman IDD NV does not have any office in Canada, nor is it affiliated in any way with any office in...
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