India’s gem & jewelry exports rebound 54% year-on-year to US$ 39.15 billion… Due to the unfold of COVID-19, Tiffany & Co. quickly shutters all 124 of its US and Canadian shops. The determination represents a major blow to the company’s revenue for the first quarter of 2020 because the US accounts for roughly forty three per cent of complete sales.

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Indian Jeweller journal at present held \ grand jury meet for the eighth edition of JJS-IJ Jewellers Choice Design Awards (JJS-IJCDA). Secretary of JJS, Mr. Rajiv Jain said that the present has already had around 30,000 online registrations with 28,000 repeat registrations and a couple of,000 new registrations. Around 500 cubicles are designer booths out of the whole 825 booths this yr.

SSEF introduced it has identified a beforehand unknown remedy of conch pearls that critically corrodes and damages the floor of such pearls. SSEF has developed Automated Diamond Spectral Inspection – a tool which can analyse very massive portions of melee diamonds at low value. That license will prolong current technological cooperation between WTOCD and Coborn with the machining of diamonds supplies for industrial applications. The Swiss Gemmological Institute SSEF has introduced the release for worldwide export of an upgraded model of its ASDI system. GIA announced right now that Okavango Diamond Company is taking part in the Institute’s M2M program.

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It’s a sentiment echoed by Harsh Maheshwari, director of fancy color diamond supplier Kunming Diamonds, which began stocking Argyle pinks in 2011. LJ West vice-president Scott West, son of founder Larry West, tells Jeweller that his father turned “hooked” on the diamonds after purchasing his first parcel of Argyle pinks around 1990, following a go to to the mine itself. “Argyle pink and red diamonds show unparalleled colour – these sturdy hues – and naturally there’s their rarity. They are also ethically mined right here in Australia, and every one comes with an Argyle certificates that guarantees its origin,” he explains. Despite this apparent turmoil during which the business finds itself, not each sector of the trade is struggling.

If you’re in search of something to be worn daily, our guides to simple gold hoops and the most effective rings for stacking will surely comprise one thing you’ll love. At some point in the close to future, the ‘cat will be out of the bag’ on the retail degree. The mixture of competition naturally driving retail prices down along with consumer awareness of the true cost of lab-created diamonds will drive retailers to scale back their costs. Lightbox subsequently advanced its customer providing – introducing grading reports and the ‘Finest’ collection, however, the company stayed away from bridal jewellery. It wasn’t long before the US grew to become the key marketplace for lab-created diamond jewelry at the shopper level. In 2021, Pandora introduced that it will not sell jewellery with pure diamonds and as a substitute use lab-created diamonds in its new model, Pandora Brilliance.

Reimagining heirloom jewelry, Wwake’s assortment is something but outdated. The chic brand was founded in 2012 in New York by Wing Yau, a younger designer with a background in sculpture. Taking a more Jewelery News holistic method to jewelry design, the ethical jewelry model makes use of recycled and fair-mined gold.

Police Search for two Suspects in NJ Armed RobberyThe two men emptied a protected at gunpoint at a jewellery store in Cherry Hill Mall. The connection between storytelling and jewelry is thousands of years old. FRAN DOREY means that in finding out historical past, there are priceless classes to be taught. Daniel Wellington has vital plans for the Australian market over the subsequent two years. SAMUEL ORD displays on the brand’s history and particulars the street ahead. The Edox CO-1 is the ultimate word in dive watch engineering performance and design, also a grasp of the unbelievable world beneath the waves.

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And named after the designer’s youngsters, Sydney and Evan, the symbolic pieces mix childhood whimsy with grownup sophistication. This wedding ceremony season, brides are favoring vintage and jadau jewellery, driving up gold prices and pushing common budgets to Rs 10 lakhs from the previous Rs 5-7 lakhs. Mumbai’s Zaveri Bazaar reviews a surge in heavy jewellery demand, notably for jadau pieces. Despite a market slowdown until December 30 because of soaring gold prices at Rs sixty four,000 per 10 gm, South India witnesses a 15% increase in vintage jewelry demand. The pattern signifies a blend of tradition and fashionable design, in accordance with industry leaders.

November commerce figures of the Antwerp diamond sector illustrate two tendencies. International legislation firm Berwin Leighton Paisner has lately released its annual ‘Private Equity in Mining’ report revealing that over $3.15bn of personal fairness investment was injected into mining tasks during 2015 over 119 offers. The Antwerp World Diamond Centre has introduced the appointment of six new Board Members representing the commerce on the Board of Directors. Jeweller’s timelines are compiled by way of complete analysis drawn from respected publications. When French luxury conglomerate Moët Hennessy Louis Vuitton acquired Tiffany & Co. in January, LVMH management immediately signalled that massive modifications had been afoot, whether or not prospects appreciated them or not. With similar statements, LVMH and Tiffany & Co. confirm a new deal has been struck.