And the Buying Season Begins
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Friday,July 23 2021 [ Issue 5 July/ 2021 ]
And the Buying Season Begins
Diamond jewellery is on everyone’s mind – from celebrity weddings to high fashion jewellery for virtual work-from-home meetings they are ubiquitous. The pandemic is subsiding and stores are opening up for a while longer, gradually travel curbs too will be lifted and the diamond biz sector will see better days.

Post monsoon wedding season buying has already begun and the masses believe gold prices may rise.

The coming quarters are indeed seeming positive for diamond business owners and rise in demand also means increase in effort for all involved --- manufacturers, exporters, wholesalers and retailers alike. International physical shows are scheduled in the coming few months – they present a real-time window of opportunity for traders of loose diamonds, gemstones, manufacturers, et al. There will be a massive stir in the demand and supply ratio and that foretells remarkable time for diamond industry on the whole.

 
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Highlights
Monday's settlement came after the federal appeals court Manhattan in August threw out a $21 million judgment that Tiffany, acquired in January by French luxury goods company LVMH SE (LVMH.PA), won in 2017 following a jury tr
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The Board of Directors of theIsrael Diamond Institute(IDI) yesterday elected Arnon Juwal as Chairman. Juwal replaces Yoram Dvash, who resigned the position last week. Arnon Juwal, a second generation diamantaire, is a partner
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With over a hundred new recruits at the session, the Retail Technical Training by IGI elevated the art selling to a whole new level with updated product knowledge and technical support. Right from the journey of a diamond fro
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Singer Rahul Vaidya and actress Disha Parmar tied the knot in Mumbai earlier this week adorned in Anmol’s statement jewels. It has been quite a buzz since the #Dishul couple embarked on their journey to happily ever aft
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De Beers Group today announced that Nancy Liu, CEO of De Beers Forevermark, has decided to leave the business and Céline Assimon, currently CEO of De Beers Jewellers, will expand her role to lead both jewellery houses.
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People are buying finer and more important pieces, as opposed whimsical or short-lived trend items.If they are buying a lower price point piece, for example, it will be something they can add to the pieces they already have.
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The Gem & Jewellery Export Promotion Council (GJEPC) India’s apex body for the Gem & Jewellery Trade in India introduced their new identity today. The vision is to position India as a unique destination for gems
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Everledger, the digital transparency company bringing traceability and transparency to high-value goods, andGem Certification and Assurance Lab(GCAL), a leading diamond grading lab in the United States, have joined forces to
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The Gem & Jewellery Export Promotion Council (GJEPC) concluded the 4th edition ofThe Artisan Awards, India’s premier jewellery design competition, onJuly 20 at Hotel Four Seasons in Mumbai.Designers from India and o
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The Gem & Jewellery Export Promotion Council (GJEPC) along with Gem & Jewellery National Relief Foundation (GJNRF) and World Federation of Diamond Bourses (WFDB) organised a free vaccination drive for the artisans of
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Highlights Compared to the first quarter ended 30 June 2020: Strong start to the financial year with Group sales up by 129% at constant exchange rates and 121% at actual exchange rates Outstanding performance of the Jewellery
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Offering clients an elevated experience, the expansive new store-in-store style gallery, situated in the flagship showroom at 72 George Street, will feature world-renowned brands including Rolex, Cartier and OMEGA. The flagsh
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