The Responsible Jewellery Council (RJC) has unveiled its inaugural retail marketing campaign, a pivotal move to spotlight ethical and sustainable practices within the industry. Aimed at empowering certified retailers, the initiative provides free marketing materials featuring evocative imagery paired with slogans such as "Love Responsible Jewellery" and "Love Responsible Watches." Accompanying t
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Angola and Botswana are moving to reshape the ownership of De Beers, as Anglo American advances plans to divest its 85 percent holding by the end of 2025. The rival African producers are taking starkly different tacks: Botswana is seeking control; Angola is championing a diversified, pan‑African partnership. Botswana’s president, Duma Boko, said the government aims to lift its 15 percen
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Swiss watch exports tumbled 16.5 percent year-on-year in August to 1.64 billion Swiss francs, hit by escalating US tariffs and weakening demand in Asia, the Federation of the Swiss Watch Industry (FHS) reported. The decline, labelled "very negative" by the FHS, affected all categories, with wristwatches down 16.6 percent to 1.57 billion Swiss francs. The United States, the top market, saw e
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Rio Tinto has unveiled the final edition of its “Beyond Rare” tender, a 52-lot showcase titled “Into the Light” that closes a seminal chapter in coloured-diamond history. Totalling 45.44 carats, the collection unites the last legacy Argyle pink, red and violet diamonds with exceptional whites and a vivid yellow from Canada’s Diavik mine, which is slated to cease production in 2026.
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Gemfields has realised US$32 million at its latest auction of high‑quality rough emeralds, signalling renewed appetite for Zambian gemstones after a muted performance late last year. The miner, best known for its Kagem emerald deposit in Zambia’s Copperbelt, sold all 38 lots offered between 25 August and 11 September. Prices averaged just over US$160 per carat, buoyed by strong bid
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The World Jewellery Confederation (Cibjo) has signalled a major shift in policy, proposing that non-natural diamonds once again be described exclusively as “synthetic,” rather than “laboratory-grown” or “laboratory-created.” The recommendation, made in a pre-congress report by the organisation’s Diamond Commission, comes ahead of the 2025 Cibjo Congress in Paris, which opens o
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Jewellery sales in Hong Kong posted a notable rebound in July, according to the latest figures released by the Census and Statistics Department. Spending on jewellery, watches, clocks and valuable gifts surged by 9.4 percent year on year, reaching HK$4.09 billion (US$523 million). This marked one of the strongest performers among major retail categories, driven by improving consumer sent
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One of the world’s most remarkable coloured diamonds is set to take centre stage at Christie’s Geneva this autumn. “The Mellon Blue” — a 9.51-carat fancy vivid blue diamond once owned by philanthropist and renowned horticulturalist Rachel Lambert “Bunny” Mellon — will headline the auction house’s magnificent jewels sale on 11 November. The pear-shaped stone, now mounted as
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The Gemological Institute of America (GIA) has examined the world’s second largest diamond, a rough stone weighing 2,488 carats, at its laboratory in Gaborone, Botswana. Named “Motswedi”—meaning “water spring” in Setswana—the diamond was unearthed in August 2024 by Canadian miner Lucara at the Karowe mine, a site renowned for producing some of the world’s largest and rare
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The Gemological Institute of America (GIA) has announced the appointment of Sriram Ram Natarajan as the new senior vice president of laboratory operations. Natarajan, who previously served as managing director of GIA India, officially began his new role in early August, based at the institute's headquarters in Carlsbad, California. In his capacity, Natarajan will oversee the vision and dire
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Gemfields has announced the discovery of “Imboo”, an extraordinary emerald weighing 11,685 carats, at its Kagem mine in Zambia. This remarkable gem, named after the Bemba word for "buffalo," is set to feature in the company's high-quality emerald auction from 25 August to 11 September 2025. Unearthed on 3 August by geologist Dharanidhar Seth and chiseller Justin Banda, “Imboo” is
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Gemfields has announced the sale of its luxury brand, Fabergé, to SMG Capital LLC for a total of US$50 million. This agreement, expected to conclude on 28 August 2025, involves an immediate payment of US$45 million, with an additional US$5 million to be paid as quarterly royalties based on 8 percent of Fabergé's revenue. Founded in 1842, Fabergé is famed for its exquisite jewellery and i
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In a remarkable development for the global diamond industry, De Beers Group, in partnership with Angola’s state-owned diamond company Endiama, has announced the discovery of a new kimberlite field in Angola. This marks the first significant find by De Beers in over 30 years, signalling a potential resurgence in diamond exploration in the region. The breakthrough occurred during recent dri
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The United States is set to impose a staggering 50-percent tariff on Indian goods from 27 August, a move that has sent shockwaves through India's diamond industry. The White House confirmed the new rate, which doubles a 25-percent levy introduced just last week, creating turmoil for a sector that processes over 90 percent of the globe's polished diamonds. President Donald Trump has framed
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San Francisco-based startup Marathon Fusion has developed a method to produce lab-created gold as a byproduct of nuclear fusion, potentially revolutionising both the energy and precious metals industries, the company announced this week. The technology leverages nuclear transmutation, converting mercury-197—an isotope generated during fusion—into stable gold-197 over three days. Wh
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The fancy-coloured diamond market softened by 0.5 percent in Q2 2025, marking a second consecutive quarterly decline but revealing early signs of stabilisation, according to the Fancy Color Research Foundation (FCRF). While the broader index dipped, select high-saturation stones—particularly vivid pinks and blues—posted notable recoveries, suggesting resilience in the luxury segment.
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Chow Tai Fook Jewellery Group Ltd reported a 1.9-percent year-on-year decline in retail sales value for the quarter ended 30 June 2025, according to an unaudited exchange filing. The dip was attributed to a persistent slowdown in mainland China, where sales fell 3.3 percent, offsetting a 7.8-percent rise in Hong Kong, Macau, and other markets. Mainland China, contributing 86.4 percent of
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The International Gemological Institute (IGI) announced on 15 July that it will continue grading lab-grown diamonds using the same universal 4Cs criteria that it applies to natural diamonds. This decision comes as other major laboratories, including HRD Antwerp and the Gemological Institute of America (GIA), move away from such practices. IGI, which pioneered the grading of lab-grown d
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The Victoria and Albert Museum (V&A) is set to unveil a remarkable exhibition, “Marie Antoinette Style”, opening in September. This groundbreaking showcase will be the first of its kind in the UK, dedicated solely to the iconic French queen, renowned not only for her tumultuous life but also for her exquisite taste in jewellery. The exhibition will feature approximately 250 object
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David Kellie, CEO of the Natural Diamond Council (NDC), has announced his decision to resign at the end of 2025. His announcement comes shortly after the signing of the Luanda Accord, a significant agreement that promises enhanced funding for the global promotion of natural diamonds. The Luanda Accord was a pivotal moment, with several African diamond-producing nations committing one perc
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Mikimoto has recently launched its high jewellery collection Les Pétales during a grand event at Hôtel d’Évreux, coinciding with Paris Haute Couture Week. This exquisite collection draws inspiration from the ephemeral beauty of rose petals in motion, capturing the delicate essence of nature’s artistry. The Les Pétales collection features over 40 meticulously crafted pieces that hi
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In a notable shift within the retail landscape, Signet Jewelers, the world’s largest diamond jewellery retailer, has slipped to 69th place in the 2025 National Retail Federation (NRF) ranking of the top 100 retailers, down from 67th last year and a significant drop from its 2023 position of 56th. This ranking, based on annual sales, highlights ongoing challenges faced by the jewellery specia
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The Gemological Institute of America (GIA) has appointed Pritesh Patel as its president and CEO, to succeed Susan Jacques, effective 4 August 2025. Susan Jacques, the current president and CEO since 2014, will continue at GIA as a strategic advisor until her retirement at the end of 2025. Jacques has been governor and board chair for three decades. During her tenure as CEO, Jacques led GI
DetailThe "Hong Kong International Fashion Chuk Kam Jewellery Design Competition" held a press conference at the Hong Kong Trade Development Council on July 3 to introduce the theme and process of the competition. Nearly 100 representatives from the organisers, co-organisers and sponsors of the competition, major jewellery associations in Hong Kong, and designer representatives attended. The conferenc
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De Beers announced on 18 June 2025 the appointment of Emmanuelle Nodale as brand CEO of De Beers London, as the brand enters a new phase of global expansion and strategic evolution as part of the group’s Origins strategy. With over 20 years of expertise in shaping and developing global brands, Nodale is recognised for her strategic leadership and ability to translate insights into meani
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Gemfields has announced on 16 June 2025 the results of its recent auction which was held between 2 and 13 June 2025 in Bangkok. The sale, being the smallest mixed-quality auction to date for Gemfields, garnered $31.7 million total revenue. A total of 99,830 carats of rubies were offered for sale with 68,705 carats sold at average sales price of $461.48 per carat. The auction included ru
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De Beers unveiled new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from the group. The group launched its first ‘beacon’ product – a jewellery concept that enables various industry businesses to participate in a category marketing idea) in over a decade. The Ombré Desert Diamonds initiative dra
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales for April 2025 on 2 June 2025. The value of sales from jewellery, watches and clocks and valuable gifts slightly dropped by 1.7 percent year on year in April 2025 to HK$3.69 billion (around $469.9 million), an improvement from March’s 3.4 percent decline. The value of total retail
DetailBeginning later this year, the Gemological Institute of America (GIA) will start using descriptive terms to characterise the quality of laboratory-grown diamonds and will no longer use the colour and clarity nomenclature that GIA developed for natural diamonds. The institute will continue to accept laboratory-grown diamonds for evaluation and identification. The revised GIA description syst
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New York-based gemmological organisation Gemological Science International (GSI) has announced the opening of its newest laboratory in Bangkok, Thailand on 29 May 2025. As the 14th laboratory in GSI’s global network, the new lab is located in the heart of Bangkok’s vibrant gem and jewellery district. The lab will serve both local and international clients, offering full access to GSI�
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The Gemological Institute of America (GIA) has launched an expanded approach of evaluating nacre on all of its pearl classification reports on 20 May 2025. It believes will provide an important update to the institute’s pearl classification system which is the GIA Seven Pearl Value Factors. Previously, the GIA classified nacre as “acceptable” or “unacceptable.” It used “acce
DetailRichemont has announced financial result for the year ended 31 March 2025 on 16 May. Group sales increased by 4 percent at actual and constant exchange rates to €21.4 billion (around $24.3 billion), led by high single-digit growth at the jewellery maisons over the year. Operating profit came in at €4.5 billion (around $5.1 billion), down by 7 percent at actual rates, or by 4 percent at con
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The World Diamond Council (WDC) announced on 16 May 2025 that “meaningful progress” has been made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after a successful week of open and productive dialogue at the 2025 KP Intercessional in Dubai, the UAE, from 12 to 16 May 2025. The current definition, established over two decades ago, primarily addresses di
DetailAsia’s top mid-year B2B fine jewellery fair returns to HKCEC from 19 – 22 June The latest collections of 1,300+ exhibitors are ready for their close-up at Jewellery & Gem ASIA Hong Kong (JGA) happening in June! Set to unfold from 19 to 22 June at the Hong Kong Convention and Exhibition Centre (HKCEC), JGA will bring together major suppliers from 30+ countries and regions, spread out
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De Beers has announced its intention to close its lab-grown diamond jewellery brand, Lightbox, on 8 May 2025, reinforcing the group’s commitment to natural diamonds in the jewellery sector. As part of the closure process, De Beers is discussing the sale of certain assets, including inventory, with potential buyers. Lightbox, which was established in 2018, has highlighted that lab-grown
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales for March 2025 on 2 May 2025. The value of sales from jewellery, watches and clocks, and valuable gifts declined 3.9 percent year on year to HK$4.06 billion (around $524.2 million) in March 2025. Total value of retail sales from the category decreased 12 percent year on year to HK$12.6
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The Fancy Color Research Foundation (FCRF) has announced the first quarter results of the Fancy Color Diamond Index (FCDI) on 23 April 2025. The overall FCDI recorded a modest decline of 0.3 percent in Q1 2025, compared with the more significant previous quarter's price drop of 1.1 percent. Over the trailing 12 months, the index has declined only by 2.5 percent, reflecting a broader sof
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De Beers has announced trending performance report for the first quarter of 2025 on 25 April 2025. Rough diamond sales from two signs in Q1 2025 totalled 4.7 million carats, generating consolidated rough diamond sales revenue of $520 million. Compared with two sights in Q1 2024 of 4.9 million carats, generating consolidated rough diamond revenue of $925 million, sales in Q1 2025 down 44 percent.
DetailLuxury group Kering has announced its first quarter revenue on 24 April 2025. Revenue from the group’s other houses division, which includes jewellery and watches, totalled €733 million (around $831 million) in the first quarter, down 11 percent both as reported and on a comparable basis. According to the group, its jewellery brands pursued their development. Boucheron achieved a robu
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Jewellery & Gem ASIA Hong Kong brings together 1,300+ exhibitors from 19 – 22 June at HKCEC Jewellery & Gem ASIA Hong Kong (JGA) is gearing up to welcome thousands of trade buyers from around the world this June, offering abundant mid-year opportunities for product discovery, sourcing and partnerships, show organiser Informa Markets Jewellery announced today. JGA is taking place
DetailThe French luxury conglomerate LVMH recorded revenue of €20.3 billion (around $23 billion) in the first quarter (Q1) of 2025. Revenue from the watches and jewellery category rose 1 percent year on year to €2.48 billion (around $2.81 billion) during the period that ended 31 March 2025. LVMH showed good resilience and maintained its powerful innovative momentum despite a disrupted geopolitical
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The Antwerp World Diamond Centre (AWDC) has expressed relief and satisfaction following the European Council (EU)’s decision not to impose import tariffs on polished diamonds originating from the United States, as part of its package of countermeasures in response to the US tariffs imposed by President Trump. With an annual trading value of $3.9 billion in polished diamonds representing
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Gemfields has teamed up with Los Angeles-based jewellery label ĀZLEE to create Origins, an eight-piece capsule collection inspired by the landscape of Zambia and its emeralds. Comprising rings, necklaces, pendant charms and earrings, all featuring responsibly mined gemtones from Gemfields’ Kagem mine, this brand-new collaboration is like a love letter to these iconic green jewels, whic
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The Gemological Institute of America (GIA) has announced on 7 April 2025 that it is expanding services in Dubai and Hong Kong laboratories due to new tariffs and logistical challenges they represent for shipping diamonds and gemstones around the globe. The institute said it accepts submissions of D to Z colour rough and polished diamonds up to 9.99 carats in its Dubai lab. The Hong Kong lab
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales for February 2025 on 31 March 2025. The value of total retail sales in February 2025, provisionally estimated at HK$29.4 billion (around $3.78 billion), decreased by 13 percent compared with the same month in 2024. The revised estimate of the value of total retail sales in January 2025
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The French luxury conglomerate LVMH has announced the appointment of Jean-Christophe Babin as CEO LVMH Watches, effective 1 April 2025. He succeeds Frédéric Arnault, CEO of Loro Piana. Jean-Christophe Babin will report to Stéphane Bianchi, LVMH managing director, and will also maintain his current responsibilities as CEO of Bvlgari. In his new role, Jean-Christophe Babin will continue
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The World Jewellery Confederation (CIBJO) has recommended a new definition of ‘recycled gold’ to be used in the jewellery and watch industry, to provide greater clarity and consistency both within the industry and marketplace. CIBJO will include the definition in the guidance documents it produces. According to CIBJO, the definition, which covers recycled materials recovered during ma
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales for January 2025 on 3 March 2025. Revenue from sales of jewellery, watches and clocks, and valuable gifts dropped by 17.9 percent year on year to HK$4.46 billion (around $573.99 million) in January 2025. The value of total retail sales in January 2025, provisionally estimated at HK$
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The Responsible Jewellery Council (RJC) has launched the RJC Laboratory Grown Material Standard (LGMS) recently. This new standard sets a benchmark for ethical and sustainable practices in the laboratory-grown (lab-grown) diamond and lab-grown coloured gemstone sector, as the watches and jewellery industry embrace changes. According to the RJC, the LGMS provides guidelines RJC members must
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The government of the Republic of Botswana and De Beers announced on 25 February 2025 that, following the conclusion of negotiations announced on 3 February 2025, the two partners have now signed the formal new agreements for a 10-year Sales Agreement (which may be extended by a further 5 years) and a 25-year extension of the Mining Licences (from 2029 through to 2054) for the 50:50 Debswana m
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Sotheby’s has decided to reposition its jewellery division through several key initiatives to attract younger customers and enhance its digital presence. Sotheby’s announced that its flagship jewellery auctions will be rebranded from Magnificent Jewels to High Jewelry. This repositioning will also benefit Sotheby’s online sales. The auction house has significantly expanded the High
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De Beers has announced Letsile Tebogo, Botswana's 200 metres Olympic gold medallist and World Athletics Male Athlete of the Year 2024, as its global ambassador. It marks the start of a unique collaboration that celebrates both his athletic achievements and the transformative power of natural diamonds, said De Beers. The collaboration builds on Botswana’s remarkable journey over more tha
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Coloured gemstone mining veteran Dev Shetty has launched a new auction house Jemora Gemhouse (JGH), dedicated to rare, polished coloured gemstones. JGH, part of UAE-headquartered company Gaston Group, is designed to redefine the gemstone market by bridging the gap between coloured gemstone owners and an exclusive network of buyers. The auction house aims to establish a sanctuary for the
DetailDe Beers and the Botswana government have announced the successful conclusion of negotiations focused on establishing a new sales agreement for Debswana’s rough diamond production and extending Debswana’s mining licences beyond 2029. This development is in alignment with the heads of terms agreed on 30 September 2023. Debswana, a 50:50 joint venture between the Botswana government and D
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales for December 2024 and whole year of 2024 on 3 February 2025. Revenue from jewellery, watches and clocks, and valuable gifts decreased 13.8 percent year on year to HK$4.69 billion (around $601.82 million) for December 2024. The value of total retail sales in December 2024, provisionally e
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The Fancy Color Research Foundation (FCRF) announced the fourth quarter results of the Fancy Color Diamond Index (FCDI) on 28 January 2025. In 2024, the index recorded an annual decline of 2.2 percent, with yellow diamonds decreasing by 5.6 percent, blue diamonds by 1.8 percent, and Pink diamonds by 0.8 percent. The fourth quarter saw a 1.1 percent drop across all colours, driven by declines o
DetailWith a strong message regarding protection for made-in-Italy jewellery and goldsmithing, the January edition of Vicenzaoro, organised by Italian Exhibition Group (IEG), staged at the Berici capital's Expo Centre from 17 to 21 January 2025. According to IEG, the edition not only confirmed last year's exceptional numbers, it also touched the international dimension record: foreign visitati
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The Fancy Color Research Foundation (FCRF) has appointed Roy Safit as its new CEO to succeed Miri Chen, effective 1 January 2025. According to FCRF, Safit will focus on directly engaging with the FCRF’s members and stakeholders across the market. The new executive has more than 25 years of experience in building technology-laden platforms, and in the diamond industry, serving busin
DetailA new statutory instrument in Zambia dated 30 December 2024 and which came into effect on 1 January 2025 has revoked the 2019 suspension of a 15-percent export duty on precious gemstones. Gemfields which owns 75 percent of Zambian emerald mine through Kagem Mining Limited (Kagem) will be directly impacted. The mine is 25-percent owned by the Zambian Government’s Industrial Development Corporat
DetailDe Beers and India’s Gem & Jewellery Export Promotion Council (GJEPC) announced the commencement of a strategic collaboration to strengthen the natural diamond narrative within the Indian gem and jewellery trade on 7 January 2025. The collaboration titled, INDRA - Indian Natural Diamond Retailer Alliance, will focus on supporting independent retailers in India with tools that go b
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The Gemological Institute of America (GIA) has announced the planned retirement of its president and CEO, Susan Jacques, at the end of 2025. The Institute has begun a global search for a successor. Susan Jacques became GIA’s president and CEO on 1 January 2014, after serving as interim CEO for six months. Before that, she was a member of the GIA board of governors since 1996; she was ch
DetailSwiss luxury goods conglomerate Richemont reported sales up by 10 percent for its third quarter (Q3) ended 31 December 2024. This is the highest quarterly sales at EUR 6.2 billion (around $6.33 billion). Sales for its four jewellery brands, namely Cartier, Van Cleef & Arpels, Buccellati, and Vhernier, saw their growth accelerate this quarter to 14 percent at EUR 4.5 billion (around $4
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales for November 2024 on 2 January 2025. The value of sales of jewellery, watches and clocks, and valuable gifts decreased by 5.4 percent to HK$4.43 billion (around $569.3 million) comparing November 2024 with November 2023. The decline in the category softened from the previous month which
DetailGemfields has temporarily suspended its ruby mining operations in Mozambique due to escalating violence in the area. On 24 December 2024, more than 200 persons staged an attempt to invade Montepuez Ruby Mining Limitada (MRM) in Mozambique Village and during their approach set fire to external structures built by MRM and containing, inter alia, a community cash point. Security forces compr
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Chow Tai Fook Jewellery Group (CTF) announced its new sustainability blueprint, ‘Chow Tai Fook Jewellery Sustainability 2049’ (‘Sustainability 2049’) on 19 December 2024. The plan focuses on three core pillars: Environment, People and Industry, integrating sustainability into every aspect of its business operations and production processes. According to the group, the blueprint e
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De Beers has announced the winners of the 2024 Shining Light Awards, a jewellery design competition dedicated to empowering the next generation of designers from the countries where De Beers recovers diamonds, including Botswana, Canada, Namibia and South Africa. Originally launched in 1995, the Shining Light Awards are part of the De Beers Group Designers Initiative, a youth beneficiatio
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Rio Tinto announced recently that its second Beyond Rare™ Tender: The Art Series 02 has delivered a strong result. The sale contained rare and unique collection of fancy-coloured diamonds, reflecting the ongoing appeal for rare natural fancy-coloured diamonds in the market. Titled Colour Awakened, the collection comprises 76 diamonds in 48 lots, including legacy inventory of pink, red
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Gemfields has announced the results of an auction comprised of higher-quality rough emeralds held from 4 to 21 November 2024. A total of $16.1 million revenue was garnered from 30 sold lots, representing only 70 percent of the total 43 lots offered for sale. According to the company, the 30 sold lots comprised 141,084 carats of 200,460 offered. Average price achieved at the sale was $11
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De Beers launched a new marketing campaign, ‘Forever Present’, to reinforce desirability for natural diamonds over the key holiday gifting season in the United States on 22 November 2024. The campaign sees the return of the iconic ‘A Diamond is Forever’ tagline following its reintroduction to De Beers’ category-driving marketing activities for natural diamonds last year. Highlig
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The Gemological Institute of America (GIA) has announced the plan to close its laboratory operations in Ramat Gan, Israel by the end of 2024 recently. GIA said the reason is because of a significant decline in submissions from local clients, reflecting broader changes in the global diamond industry. Although the institute has cut operation costs and reduced staff by attrition at the lab
DetailThe Geneva-based luxury goods conglomerate Richemont has announced its interim report and accounts for the six months ended 30 September 2024. Sales totalled at €10.1 billion (around $10.73 billion), down 1 percent from €10.22 billion (around $10.86 billion) a year ago. Operating profit fell 17 percent year-over-year from €2.66 billion (around $2.83 billion) to €2.21 billion (around $2.3
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The American Gem Trade Association (AGTA) has announced the winners of the 2024 AGTA Spectrum & Cutting Edge Awards. This year marks 40 years of Spectrum Awards entries. This year’s awards took place from 31 October to 1 November 2024. According to AGTA’s CEO John Ford, the association received 375 submissions, the exact same number of entries as last year, with a category distrib
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The Gemological Institute of America (GIA) recently reported in its latest issue of Gems & Gemology that some natural diamonds were observed interesting feather inclusions. A 1.55-carat, G-colour and I-clarity round diamond appeared to contain heavy feather inclusions that resembled a swarm of butterflies. A feather breaking the pavilion surface was observed face-up through the crow
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The World Federation of Diamond Bourses (WFDB) president Yoram Dvash has published a president letter urging the industry to invest in major promotional campaigns that create demand for natural diamonds. There has not been a major generic marketing campaign for natural diamonds for close to 20 years, when De Beers stopped promoting “A Diamond is Forever” campaign. An entire generati
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De Beers has announced on 21 October that it will provide data on country of origin for all De Beers-sourced rough diamonds above 1.25 carats. This is for rough diamonds that are newly registered on the Tracr platform, the group’s digital platform for tracing natural diamonds from source at scale. From the start of 2025, this will be extended to rough diamonds above 1 carat in size (equivalent
DetailThe French luxury conglomerate LVMH has announced its revenue for the first nine months of 2024 on 15 October 2024. Revenue from the group’s watches and jewellery category declined 5 percent year on year to EUR 2.39 billion (around HK$20.16 billion) for the third quarter of 2024 that ended 30 September, compared with EUR 2.52 billion (HK$21.26 billion) last year. Sales of the category for the
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The Fancy Color Research Foundation (FCRF) has announced the third quarter (Q3) 2024 results of Fancy Color Diamond Index (FCDI) on 10 October 2024. In Q3 2024, the overall FCDI across all colours and sizes saw a marginal decline of 0.5 percent, a slight improvement compared to the previous quarter’s decrease of 0.6 percent. The year-over-year trend reflects a cumulative decrease of 1.0 per
DetailGübelin Gem Lab has opened a new laboratory in Bangkok, Thailand, which will offer a full range of gemmological services and will focus on its new AI-powered gem document, the Gem Passport. The lab chose to open the new space in Bangkok is because of the city’s importance as a hub for the coloured-gemstone industry, according to Gübelin. Gübelin said its decision to expand into the c
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De Beers has appointed Sally Morrison to lead its return to large-scale category marketing for natural diamonds for the United States and take charge of category marketing efforts in international regions on an interim basis. According to the group, Morrison has worked with De Beers in different capacities since 2002. She moves to the new role from her post as the company’s director of
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Following the completion of Italian jeweller Vhernier’s acquisition by Swiss luxury conglomerate Richemont in May 2024, the group announced that Gianluca Brozzetti, executive vice president of Buccellati, joins Vhernier’s board of directors as executive vice president in an ad-interim CEO role. According to Richemont, Brozzetti will take on the new position immediately while continuing
DetailGemfields announced the results of the most recent auction comprised of commercial-quality rough emeralds from its Kagem mine in Zambia, held from 27 August to 13 September 2024. A total revenue of $10.8 million was generated from the sale. Forty-six lots were offered for the sale, of which 28 lots were sold representing only 61 percent. Average price per carat was $4.47. The speci
DetailGübelin Gem Lab has opened a new laboratory in Bangkok, Thailand, which will offer a full range of gemmological services and will focus on its new AI-powered gem document, the Gem Passport. The lab chose to open the new space in Bangkok is because of the city’s importance as a hub for the coloured-gemstone industry, according to Gübelin. Gübelin said its decision to expand into the c
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Jewelers of America (JA), the national trade association for businesses serving fine jewellery marketplace, has announced the winners of its 34th annual CASE Awards jewellery design competition on 27 August 2024. The CASE Awards, JA’s national design competition, recognises JA Members who exhibit creativity, artistry, style and excellence in jewellery design. First place winners were se
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Chow Tai Fook Jewellery Group (CTF) announced the appointment of Gabriela Ferreira as general manager, international, to lead the Group’s strategic expansion in Southeast Asia and other international markets. Ferreira will report directly to Kent Wong, managing director. She joins the group from international luxury house LOEWE, where she served as general manager for Southeast Asia and Ocea
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Pandora, the world’s largest jewellery manufacturer, has recorded a revenue increase for the second quarter of 2024 to DKK 6,771 million (around USD1,015 million), up from DKK 5,894 million (around USD884 million) year over year. The growth was driven by network expansion and the broader product range which let to increased store traffic, said the group. For the first half of 2024, Pandor
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The Gemological Institute of America (GIA)’s Tokyo laboratory recently checked a vivid red stone mounted in a ring that was submitted for an identification and origin report. Weighted around 2.14 carat, the stone showed two strong specific absorption lines in the blue area through a handheld spectroscope, and its gemological properties confirmed ruby. According to GIA, the ruby fluoresc
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales on 1 August 2024. Revenue from jewellery, watches and clocks, and valuable gifts in June 2024 decreased by 23.1 percent year on year to HK$4,277 million (around $549 million). For the first six months of 2024 taken together, it was provisionally estimated that the total revenue from je
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De Beers has cancelled its August sight and rescheduled sale dates of the remaining sights for the rest of the year, as the oversupply in the global diamond industry persists. De Beers reported sales for the fifth sales cycle of this year were $315 million and the sales figures of its sixth sales cycle in July have not been announced. The group has ditched sight by sight reports in favour
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London-based Petra Diamonds announced the postponement of its first tender for the 2025 financial year, originally scheduled for August and September in 2024 to limit rough supply in midstream. The company said the rough diamond parcels from its South African operations, initially planned for the tender, would now be offered as part of the second tender, expected to close in mid-October 202
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Bonhams auction house announced Chabi Nouri as its global CEO who will be based in Bonhams’ headquarters in London. Swiss-born Nouri has deep knowledge and experience in international luxury and retail organisations – her previous roles were as CEO of Richemont-owned watch and jewellery company Piaget and where she stayed for seven years before joining the Mirabaud Group in 2022 as Pr
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The Fancy Color Research Foundation (FCRF) announced the Q2 2024 Fancy Color Diamond Index (FCDI) results on 30 July 2024. In the second quarter of 2024, the fancy-coloured diamond market experienced fluctuations with an overall decline in average prices by 0.7 percent – a minor fluctuation when compared to broader market movements, said FCRF. This stability is particularly evident rela
DetailJewellery & Gem WORLD Hong Kong to shine the spotlight on sustainability and timeless allure of pearls this September HONG KONG, 18 July 2024 – Sustainability and the enduring magic of pearls are among the highlights of the biggest B2B fine jewellery event in the world – Jewellery & Gem WORLD Hong Kong (JGW). The “One Fair, Two Venues” jewellery marketplace will be
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De Beers total revenue declined 21 percent to $2.2 billion in the first half of the year, compared with $2.8 billion in the same period last year. Rough diamond sales dropped to $2 billion and total rough diamond sales volumes decreased by 22 percent to 11.9 million carats, said the parent company Anglo American in its interim results recently. De Beers announced to cut its expected annua
DetailLVMH has announced significant executive appointments recently within its watch division, effective as of September 1, 2024. Julien Tornare, currently the CEO of TAG Heuer, has been named CEO of Hublot. He will succeed Ricardo Guadalupe, who has served as CEO of Hublot since 2012, and has decided to step back from operational management. He will transition to the role of honorary pr
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Production has been halted at one of the two main pits at Rio Tinto’s Diavik mine in Canada temporarily due to safety concerns over subsidence. According to Rio Tinto, an area of unstable ground was detected on an access road to the mine's A154 pit in the evening of 4 July 2024 and work was suspended. "All employees are safe, but as a precautionary measure, operations underground
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Richemont announced on 2 July 2024 that Louis Ferla, currently CEO of Vacheron Constantin, will succeed Cyrille Vigneron as CEO of Cartier; Catherine Rénier, currently CEO of Jaeger-LeCoultre, will succeed Nicolas Bos as CEO of Van Cleef & Arpels. Both changes will be effective 1 September 2024. Vigneron, who has decided to retire after eight successful years at the helm of the mai
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Russian diamond miner Alrosa has purchased the Degdekan gold mine in the far east of Russia from Polyus at $276 million. Alrosa's subsidiary, Almazy Anabara company which produces around 3.9 million carats of diamonds a year or 11 percent of Alrosa’s total annual output, has bought 100 percent of the Degdekan gold ore field in the Magadan region from Polyus the country's largest gold pr
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The Gübelin Gem Lab has launched a new service, called the Gem Passport, which is designed to accompany unmounted emeralds, rubies and blue sapphires of up to 3 carats with a genuine Gübelin Gem Lab document. The new service focuses on a few key value drivers, specifically the country of origin and the presence or absence of treatment. According to Gübelin Gem Lab, Gem Passports are is
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Sotheby’s has announced two changes to the executive team of its watch division recently. According to the auction house, watch industry veteran Sam Hines is set to return at the end of June to the company as chairman of watches. Hines started his career at Sotheby’s in 1997, before leaving and rejoining in 2018 as worldwide head of watches. He exited again four years later, taking
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The service will provide a comprehensive description of each submitted piece, including details on metals, gemstones, any existing engravings, and the characteristics such as carat weight, clarity and color for any diamonds that do not have previous GIA reports. Details of jewellery set with diamonds that already have existing GIA report numbers will be included in the report and will be linke
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Gemfields announced it has appointed former De Beers CEO and cochair Bruce Cleaver as chair and independent non-executive director. Cleaver will begin in the new role on 1 July 2024 and will also become chair of the nomination committee, said Gemfields. Cleaver joined De Beers in 2016 and headed the company for more than six years, overseeing the launch of Lightbox and the creation of blo
DetailPandora has launched its lab-grown diamonds collection to its home country Denmark, the first EU market, after successful launches in the Americas, Australia, and UK. Pandora also announced the opening of its first flagship store in Copenhagen. Pandora's diamonds have been grown, cut and polished using 100 percent renewable energy, resulting in a carbon footprint that is approximately five
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UK-based coloured gemstone miner Gemfields reported that its latest high-quality emerald auction, which was held from 13 to 30 May in Thailand, fetched a total of $35 million. The sale included five mini auctions via an online auction platform specifically adapted for the miner that permits customers from multiple jurisdictions to participate in a sealed-bid process. Gemfields offered 240
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De Beers unveiled its new ‘Origins’ strategy to enhance value across its business from mining through to retail on 31 May 2024. The business will be streamlined and investments will be focused on high return projects in core upstream assets, midstream technologies, natural diamond retail and synthetic diamond technology solutions. As the natural diamond market continues to recover, De B
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The World Jewellery Confederation (CIBJO) will hold its 2024 annual congress in Shanghai, China, from November 2 to November 4. Pre-congress meetings will be held on October 31 and November 1. The 2024 Congress will take place at the Shangri-La Qiantan convention centre, in the heart of Shanghai’s New Bund International Business District in Pudong. It is being hosted by the Donghao Lansheng
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The International Gemological Institute (IGI) will partner with Charles & Colvard, the fine jewellery company specialising in moissanite and lab-grown diamonds, to issue grading reports for moissanite loose gemstones and jewellery. According to IGI, the certificates will feature unique identifiers that tie them back to each laser-inscribed stone. The institute will use the same 4Cs us
DetailJewellery & Gem ASIA Hong Kong gains traction with extensive resource offerings and curated collections Jewellery & Gem ASIA Hong Kong (JGA) continues to gain momentum, with major fine jewellery manufacturers and gemstone suppliers confirming their participation in the industry’s biggest mid-year B2B sourcing event in Asia, show organiser Informa Markets Jewellery announced. Exhibi
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Danish jeweller Pandora hosted a ceremony for its new $150 million crafting facility in Binh Duong Province, about 40km north of Ho Chi Minh City, Vietnam on 16 May 2024. The new facility will produce up to 60 million pieces of jewellery per year, when it opens in early 2026. It will support Pandora’s long-term growth and boost the company's crafting capacity by around 50 percent. The new f
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The eighth edition of GemGenève came to a close on 15 May 2024 in Geneva after a four-day exhibition of comprehensive overview of jewellery creation. The show featured 244 exhibitors including dealers, traders, and emerging artists in the gemstone and jewellery industry from 22 countries in total – an all-time record for the event. According to show management, around 3,566 visitors came t
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Swiss luxury conglomerate Richemont announced on 7 May 2024 that it has acquired Italian jeweller Vhernier in a private transaction. Founded in Valenza, Italy in 1984 and headquartered in Milan, Vhernier was acquired by the Traglio family in 2001. Vhernier is renowned for the distinctive modern aesthetic of its design jewellery, inspired by the curves of the human body and the essentia
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De Beers’ lab-grown diamond jewellery brand Lightbox announced a permanent price reduction to as low as $500 per carat, from a previous price of $800 per carat, for the brand’s standard range of lab-grown diamonds. The price reduction follows months of testing lower prices and researching the lab-grown diamond jewellery sector. The brand will now have three linear price points – $500
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Platinum Guild International (PGI) has appointed Tim Schlick as CEO. He succeeds Huw Daniel, who retired on 4 April 2024 after 21 years with the organisation. Schlick has been with PGI for nine years, joining as chief strategy officer in 2015 and serving as its chief operating officer before he began his new appointment. According to PGI, Schlick is a renowned business strategist and mark
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De Beers announced on 25 April 2024 it is relocating the De Beers Group Auctionsbusiness headquarters from Singapore to Botswana. The auctions business sells around 10 percent of the group’s production of rough diamonds. The relocation supports De Beers’ focus on streamlining its operations and enhancing the efficiency of its activities, while also facilitating further development of the dia
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The Antwerp World Diamond Centre (AWDC) has appointed Karen Rentmeesters as interim CEO following the sudden resignation of Ari Epstein. The organisation announced the appointment on 15 April 2024, a few days after Ari Epstein said he was resigning after more than a decade in the position. Karen Rentmeesters joined AWDC’s public relations and communications department in February
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Sotheby’s sold all 24 items in less than an hour at its first live auction of gender-neutral vintage jewellery and watches, held on 11 April 2024. The top item of the sale was a Patek Philippe Ref 3290 bracelet watch, ring and necklace set, called Rough Diamonds, created in 1962 by Gilbert Albert, decorated with enamel and pearls. The set sparked a more than six-minute battle between seve
DetailThe French luxury conglomerate LVMH reported revenue for the first quarter of 2024. Sales of watch and jewellery division dropped by 5 percent year on year to EUR 2.47 billion (around $2.62 billion) during the three months that ended 31 March 2024. According to LVMH, during the period, Tiffany launched its first exhibition, in addition to a new global campaign showcasing its icons that prov
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The Gemological Institute of America (GIA) is now offering printed versions of AGS Ideal grading reports. This report complements a GIA diamond grading report to capture a diamond’s beauty holistically. GIA adopted the product as a digital-only supplement to its own reports when it acquired elements of AGS’s laboratories in 2022. The AGS Ideal Report measures light performance, incl
DetailThe Board of Directors (BOD) for the American Gem Trade Association (AGTA) recently amended its trade show rules for lab-grown, man-made, and/or synthetic gemstones. Starting at the AGTA GemFair Tucson 2025, no exhibitor may display loose gemstones or jewellery comprising non-natural gemstones—ones that are man-made, synthetic, or lab grown—at any AGTA show, said AGTA. To make this d
DetailLondon-based gemstone miner Gemfields reported profit loss for the year of 2023 due partly to the cancellation of a high-quality emerald auction in November, a lower number of carats sold and a write-down in its platinum group metals investments. Gemfields recorded a 23-percent drop in revenue, amounting to $262 million from $341.1 million, and recorded a loss after tax of $2.8 million, a sig
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De Beers’ Forevermark will cease loose diamond business and transform into a jewellery line focused on the Indian market. Forevermark will move away from using the De Beers name and the transition will begin in April 2024 and be complete by January 2026. Until now, the brand has mainly sold loose polished diamonds to the midstream of the diamond industry and then the products would be offer
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Christie’s kicked off Jewels Online, the first jewellery sale of the season with exceptional results from 11 to 21 March 2024. The sale achieved a total of $13,521,438 and was sold 131percent by its low estimate, 100 percent by value, and 97 percent by lot. The sale showcased a diverse array of curated pieces, including signed jewels, diamonds, coloured gemstones, and esteemed designs f
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Sotheby’s will showcase a jewellery collection of over 250 pieces of high quality, assembled by a European collector over fifty years, at its Magnificent Jewels sales in Geneva. Entitled Iconic Jewels: Her Sense of Styles, the sale is one of the most important private collections of designer jewellery ever put up for auction, said the auction house. The entire collection is expected t
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Jewelers of America (JA), the national trade association for businesses serving the fine jewellery marketplace, and the GEM Awards Committee announce the winners of the 22nd annual GEM Awards that took place on 8 March 2024 in New York City. Susan Jacques, president and CEO of Gemological Institute of America (GIA), was the recipient of the GEM Award for Lifetime Achievement. Tiffany was prese
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The Responsible Jewellery Council (RJC) announced recently that Dave Meleski, president and CEO of Richline has been elected as the new chair of RJC. Dave Meleski follows in the footsteps of David Bouffard who has served as chair since 2018. Meleski said: “It is a critical time for the RJC to continue to grow and lead the global supply chain in setting standards for our industry. R
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Firestone Diamonds, diamond producer with production sourced entirely from Liqhobong mine in the highlands of Lesotho, has recovered a 215-carat rough diamond, the largest diamond of its quality found from the mine to date. The diamond is currently on sale through a competitive bidding tender process with viewings in Antwerp and Dubai. Firestone Diamonds owns 75 percent of the Liqh
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Vicenzaoro show organiser Italian Exhibition Group (IEG) has appointed Matteo Farsura as global exhibition manager of its jewellery and fashion division. Matteo Farsura, the former exhibition manager of Vicenzaoro, will manage IEG’s jewellery shows, including VicenzaOro, OroArezzo, T Gold, the Italian Jewelry Summit, Valenza Gem Forum, VO’Clock Privé and VO Vintage, which take place
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The International Gemological Institute (IGI) has established a set of procedures to separate fancy-coloured natural diamonds from lab-grown diamonds. Using advanced techniques such as Fourier transform infrared spectroscopy (FTIR) and photoluminescence spectroscopy along with magnification, IGI can successfully separate fancy-coloured natural diamonds from fancy-colored lab-grown diamond
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The Gemological Institute of America (GIA) has opened its first laboratory in Dubai on 19 February 2024 at the Dubai Multi Commodities Centre (DMCC). According to GIA, the GIA DMCC laboratory will only serve clients operating in Dubai’s free trade zones and cannot accept submissions from other locations in Dubai. However, it does plan to accept intake from other countries in the near future
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De Beers Group Ignite has officially launched its latest diamond verification instrument, AMS Micro, to offer rapid, automated and autonomous screening of high volumes of smallest melee diamonds. The first AMS Micro instrument will be delivered to the Swiss office of diamond manufacturer and De Beers sightholder, KGK, at the end of February. According to De Beers, following more than two
DetailPandora has released its sales report recently. Sales for the fourth quarter of 2023 reached DKK 10.82 billion (around $1.56 billion), up 10 percent year on year with solid trading across the holiday season. Sales remained strong in the US and the UK, two of Pandora’s largest markets, as did those in European countries including Italy, France, and Germany, while China fell short of expect
DetailFrench luxury conglomerate Kering reported strong sales in its jewellery and watch divisions in 2023 amid sales and profits decline in other segments in “a trying year” as described by the group’s chairman and CEO François-Henri Pinault. Kering’s jewellery houses include Boucheron, Pomellato, DoDo, and Qeelin as part of a division called other houses. In 2023, revenue from the divi
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales on 1 February 2024. The value of sales from jewellery, watches and clocks, and valuable gifts in December 2023 surged by 50 percent year on year to HK$5.46 billion (around $698.6 million). The value of total retail sales increased by 7.8 percent to HK$36.33 billion (around $4.65 billion), compa
DetailFrench luxury conglomerate LVMH recorded revenue of €86.2 billion (around $93.3 billion) in 2023, equating to organic growth of 13 percent with respect to 2022. Europe, Japan and the rest of Asia achieved double-digit organic growth. In the fourth quarter of 2023, organic revenue growth came to 10 percent. Robust growth registered in jewellery and powerful creative momentum for all the
DetailRichemont reported sales growth of 8 percent for the third fiscal quarter and 11 percent of its nine months from April to December 2023 at constant exchange rates. Retail sales increased by 11 percent, with growth in all regions – with the exception of Europe - and notable strength in mainland China, Hong Kong and Macau combined as well as in the US. Retail recorded the strongest relati
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The Gemological Institute of America (GIA) launched same-day report verification service this week in response to reports of fraudulent GIA inscriptions on lab-grown diamonds cut to nearly match GIA graded natural diamonds. The service is to verify GIA inscriptions, confirming that a diamond with a GIA inscription matches the inscribed GIA report number. The move comes following several insta
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French luxury conglomerate LVMH announced on 5 January 2024 that Frédéric Arnault has been appointed as CEO of LVMH Watches, a newly created role that oversees Hublot, Tag Heuer, and Zenith. Arnault’s new position will “ensure strong and sustainable growth for the watch maisons and reinforce LVMH’s role within the watchmaking industry”, the group said in a statement. His appoin
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The International Gemological Institute (IGI) recently analysed a 6.01-carat pear-cut gemstone with a grading report number inscribed on the girdle corresponding to a natural diamond but concluded that it was a lab-grown diamond. That lab grown stone’s carat weight, physical spread, and primary qualities were a close match with the natural diamond’s online grading data, said IGI. Whil
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales on 4 January 2024. Revenue from jewellery, watches, clocks and valuable gifts in November 2023 jumped 60.8 percent year on year to HK$4.68 billion (around $599.1 million). The value of total retail sales in November 2023, provisionally estimated at HK$34.2 billion (around $4.38 billion),
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De Beers announced the value of rough diamond sales for the tenth sales cycle of 2023 recently. Total value generated from the sales was $130 million, down 69 percent compared to the equivalent period in 2022 while 51 percent higher than the ninth sales cycle’s $86 million which was recorded in October 2023. The provisional rough diamond sales figure quoted for cycle 10 represents t
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Swiss luxury watchmaker Breitling has recently announced the purchase of Universal Genève, a storied Swiss watch brand, from Hong Kong-based company Stelux Group, in an attempt to revive the brand to its former glory. It marks Breitling’s first major acquisition. The deal marks a turning point for Breitling as the brand has jumped into the top 10 Swiss watch companies by sales in 2022 an
DetailDe Beers announced the appointment of Sandrine Conseiller as CEO of De Beers brands. Conseiller oversees the development of De Beers’ brands and investment in existing and new diamond markets. She joined De Beers and became a member of the group’s executive committee on 1 December 2023. Sandrine Conseiller joins De Beers from Maus Freres Brands Group where she spent eight years, most rec
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Rapaport released its new RapNet Diamond Index (RAPI) on 5 December 2023. The diamond market continued to stabilise in November as holiday shopping began and lower rough supply reduced midstream inventories. Prices of round diamonds increased across all major categories for the first time this year. RAPI for 1-carat stones rose 0.8 percent during the month. The 0.30-carat RAPI increased 0.3 p
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Rio Tinto held its first Beyond Rare Tender, a new sale format for its diamond business recently. The tender featured a collection of 87 rare fancy-coloured diamonds including polished pink and red diamonds from its Argyle diamond mine in Australia, which closed in November 2020, and yellow diamonds from the Diavik diamond mine in Canada. The collection, titled Born of this World, attra
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British coloured-gemstone miner Gemfields achieved a total revenue of $69.5 million at its latest sealed-bid ruby auctions held online from 20 November to 5 December 2023. The auction featured mixed-quality rough rubies from its Montepuez mine in Mozambique, which is operated by Gemfields in partnership with Mwiriti Limitada. According to Gemfields, in a series of seven online auctions af
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70 years of history looking to the future Tradition, identity and evolution: January 19th to 23rd, 2024 Vicenzaoro celebrates 70 years. Europe's leading international event
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The American Gem Trade Association (AGTA) announced the winners of the 2023 AGTA Spectrum & Cutting Edge Awards during 24-25 October 2023. Entries to this year’s competition are 24-percent greater than last year, with a 28-percent increase in the Business/Day Wear category and a 26-percent increase in the Evening Wear category. According to AGTA, many sapphires and sapphire jewels enter
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Senior vice president of institute and industry relations at the Gemological Institute of America (GIA), Anna Martin will leave her post on 31 December 2023, after nine years with the organisation, fourteen years on the GIA board and more than four decades as one of the most influential leaders in the gem and jewellery industry. During her time with the institute, Martin expanded its rela
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De Beers-owned lab-grown diamond jewellery brand Lightbox recently announced that it has entered into new design-driven collaboration partnerships with Roseate, pearl fine jewellery brand and The Future Rocks, Hong Kong-based online marketplace focused on lab-grown jewellery. Aimed at expanding its fashion jewellery offering, Lightbox's partnerships with the two brands will enable it to broaden it
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De Beers announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the ninth sales cycle of 2023 between 4 October and 3 November. The total value was down 82 percent compared with the equivalent period a year ago and was the lowest since the peak of the Covid-19 crisis in 2020. Sales fell 60 percent from September’s $200 million. Al Cook, CEO of De Beers, said:
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales on 1 November 2023. Revenue from jewellery, watches, clocks and valuable gifts jumped 27 percent year on year to HKD 4.31 billion (around $551 million) for September. Retail sales across all product categories rose 13 percent to HKD 31.76 billion (around $4.06 billion). For the first nine
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Chow Tai Fook-owned diamond jewellery brand Hearts On Fire has appointed Dave Zhou as general manager for China. He will report to Rita Maltez, who was named the brand’s global president in May 2023. Dave Zhou most recently served as Asia managing director for bridal group Pronovias. He has also previously held regional leadership roles at Hermès, Bottega Veneta, and Lanvin. At Hearts On F
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Rio Tinto has launched the Beyond Rare Tender as a new exclusive sales event with an inaugural collection of 48 lots of polished fancy-coloured diamonds, including legacy inventory of pink and red diamonds from the Argyle diamond mine and yellow diamonds from the miner’s Diavik diamond mine. The 48 lots will be showcased in Australia, Switzerland and Belgium, with bids closing on 20 Novembe
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De Beers announced the appointment of Sandrine Conseiller as CEO of De Beers brands. Conseiller will oversee the development of De Beers’ brands and investment in existing and new diamond markets. Her appointment follows Marc Jacheet’s decision to leave De Beers. She will join De Beers and become a member of the group’s executive committee on 1 December 2023. Sandrine Conseiller joins D
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Rapaport released its new RapNet Diamond Index (RAPI) on 12 October 2023. Diamond prices fell further in September as retail sales weakened amid competition from lab-grown diamonds. Polished inventories were still high relative to sales expectations, despite lower production, said Rapaport in the press release. RAPI for 1-carat diamonds fell 5.2 percent, making it the worst month for that
DetailDuring the recent capital markets day, Pandora shared updates on its Phoenix turnaround strategy and plans for the future, including sales targets and store expansions. Pandora predicts revenue reaching DKK 34 billion (around $4.83 billion) to DKK 36 billion (around $5.11 billion) by 2026, a 26-percent to 33-percent jump from its estimated 2023 forecast of DKK 27 billion (around $3.83 billi
DetailSarine Technologies released a new completely data-backed verifiable traceability solution for melee diamonds, in collaboration with Rubel &Ménasché, a French maison for high-end jewellery, on 2 October 2023. According to Sarine, the new solution is based on the actual measurement of the diamonds in their rough stage, continuing through the polishing activities, until fully polished. Pa
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Christie’s 10th Shanghai Auction Anniversary: Luxury Evening Sale luxury sale was held on 23 September 2023 on the Bund in Shanghai. The sales featured a selection of jewellery and Hermès handbags. Out of the 31 lots on offer, twenty-seven found buyers, generating a total of CNY 52.8 million (around $7.3 million) and a sell-through rate of 87 percent. The top three most expensive lots went
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The Gemological Institute of America (GIA) is accepting applications for merit-based scholarships available to both US and international students. The deadline for applications is 30 September 2023. GIA will award a total of $2 million in scholarships for courses and programmes starting from 1 January through 30 June of 2024, said the institute. This includes the revamped Graduate Jeweler pro
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Chow Tai Fook-owned diamond jewellery brand Hearts on Fire has appointed Yunjo Lee as its new chief creative officer, effective 19 September 2023, as part of the brand’s strategic transformation programme to elevate its fine jewellery position. In her new role, Yunjo Lee will lead and inspire creative strategy and product development and evolve the brand’s design, said Hearts on Fire. She
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Rapaport released its new RapNet Diamond Index (RAPI) on 5 September 2023. Prices for 1-carat diamonds fell 4.7 percent in August. The 0.30-carat RAPI also dropped 4.7 percent. Both of these were the worst performances since the peak of the Covid-19 crisis in April 2020. The index for 0.50-carat stones slumped 8.6 percent — the sharpest drop for any month since RAPI records began in 200
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De Beers announced on 13 September 2023 that it will reintroduce its ‘A Diamond is Forever’ tagline with an additional $20 million investment to support consumer demand in natural diamonds for the 2023 holiday season in the United States and China. The group said, the category investment will be incremental to De Beers’ current brand activities and will see the return of the company
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De Beers announced its rough diamond sales (Global Sightholder Sales and Auctions) for the seventh sales cycle of 2023 on 30 August which is totalled $370 million, hitting the lowest figure since the Covid pandemic amid a slowdown in the market. The August sales slumped 42 percent compared to the same period in 2022 and 10 percent from July 2023 when sales were $411 million. The sales in Marc
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Pandora revealed the expansion of the brand’s lab-grown diamonds with three new collections in the ‘Diamonds for All’ campaign on 29 August 2023. The campaign rewrites the rules of diamond jewellery, and continues the journey of democratising diamonds, said the brand. The ‘Diamonds for All’ campaign celebrates the breaking of conventions and tells a new diamond story. This inv
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Lucara Diamond has recently found a 692.3-carat rough diamond from its 100-percent owned Karowe diamond mine in Botswana. The diamond measuring 46.5 by 40.7 by 28.4 mm is described as a Type IIa high white gem, recovered from the EM/PK(S) unit in the South Lobe region of the mine, known for its large, high-quality rough, said Lucara Diamond. The diamond represents the fourth diamond over 300
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The Fancy Color Research Foundation (FCRF) announced the results of the Q2 2023 Fancy Color Diamond Index (FCDI) on 2 August 2023. The average price of all colours and sizes of fancy-coloured diamonds continued to climb in Q2 2023 by 0.5 percent. This climb was in contrast to the quarterly trend in white diamonds, which experienced decreases of 3.5 percent and 17.2 percent over the previous 12 mon
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The International Gemological Institute (IGI) has appointed Jeni Campagna as director of operations and business development for North America. Jeni Campagna has 25 years’ experience in the luxury goods and jewellery industry. She was most recently director of operations at Sarine Technologies. Prior to that, she spent over seven years as vice president and global production manager at
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The Gemological Institute of America (GIA) recently has examined a 4.04-carat single-crystal lab-grown diamond ring (image 1). The 3.03 mm thick band had an inner diameter of 16.35–16.40 mm and an outer diameter of 20.32–20.40 mm. The ring was produced by Dutch Diamond Technologies in collaboration with the Belgian jewellery store Heursel, established in 1745. This lab-grown diamo
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Jewelers of America (JA) has announced the winners of its 33rd annual CASE Awards design competition on 2 August 2023. For over 30 years, JA’s design competition has celebrated custom jewellery design, recognising retail and supply members whose pieces exhibit creativity, artistry, style and excellence in jewellery design. Ten pieces were selected by a panel of design experts out of more
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French luxury conglomerate LVMH announced its revenue for the first half of 2023 on 25 July 2023. Revenue from jewellery and watches rise 11 percent in the first half of 2023, driven by the reopening of Tiffany flagship store in New York. Sales for the jewellery and watches category grew to €5.43 billion (around $6 billion) in the six months ending June 30, according to LVMH. Profit for
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De Beers and Botswana have reached a new agreement in principle on a new 10-year Sales Agreement for Debswana’s rough diamond production through to 2033 and a 25-year extension of the Debswana mining licences through to 2054. State-owned trading business Okavango Diamond Company (ODC) will initially receive 30 percent of production from Debswana, a joint venture between De Beers and the
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Phillips announced to introduce its inaugural auctions of jewellery in Geneva beginning in November 2023. The auction house’s jewellery department achieved historic annual sales totals in 2021 and 2022, with an impressive 185 percent increase in value during Fall 2022 compared with Spring 2022. According to Phillips, the decision to hold jewellery auctions in Geneva follows in the wake of t
DetailThe Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales on 3 July 2023. Revenue of sales from jewellery, watches and clocks, and valuable gifts increased by 51.8 percent year on year to HK$5.08 billion ($648.8 million) in May 2023. For the first five months of 2023, proceeds from jewellery, watches and clocks, and valuable gifts surged 77 p
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The World Jewellery Confederation (CIBJO) and the International Grown Diamond Association (IGDA) have agreed to work together in protecting the confidence of consumers in both jewellery products and the jewellery industry, through the transparent development of standards, operating principles, and terminology. The organisations have signed a memorandum of understanding (MoU) on 25 June, 2
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Gemfields achieved $80.4 million total auction revenues from the sale of 91 lots in its ruby auction held in Thailand during 5-20 June 2023. Comprised of mixed-quality rough rubies from the miner’s Montepuez mine in Mozambique, the auction saw revenue rose 20 percent from its last sale in December 2022. Earlier this month, Gemfields saw demand for emeralds from its Kagem mine in Zambia
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De Beers’ lab-grown diamond jewellery brand Lightbox started selling engagement rings with lab-grown diamonds as a test on its website recently. De Beers has not made an announcement or issued a press release in advance of this move, but provided an explanation for this three-month test, with marketing limited to three primary markets, namely New York City, Dallas, and Atlanta in the
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Tiffany released the latest high jewellery collection with the unveiling of its Blue Book 2023: Out of the Blue. It is the first Blue Book collection designed by Nathalie Verdeille, the company’s chief artistic officer for jewellery and high jewellery. Blue Book 2023 is inspired by the marine life creations of 20th-century French designer Jean Schlumberger, one of Tiffany’s most proli
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Sotheby’s Magnificent Jewels auction sold a 55.22-carat Mozambique ruby, titled ‘Estrela de Fura’, for $34.8 million on 8 June in New York. The ruby has fetched a world-record auction price for any coloured gemstone. It is also the largest ruby to be sold at any auction with $630,288 per carat price. Its pre-auction estimate was more than $30 million. The ruby and other precious j
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Gemfields achieved $43.7 million, the highest auction revenue for emeralds from its Kagem mine in Zambia, from the sale of 35 lots between 15 May and 1 June 2023 at the emerald auction held in Thailand. The sales also make another two records: highest average price and highest price per carat paid for a single auction lot, according to the miner. Gemfields sold 264,000 carats of hi
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The International Gemological Institute (IGI) graded a 50.25-carat lab-grown diamond submitted by India-based Ethereal Green Diamond recently. The lab-grown diamond represents a landmark achievement in the lab-grown diamond sector and has been claimed the largest polished lab-grown diamond in history. Named “Shiphra”, the lab-grown diamond is a Type IIa emerald cut with G colour, VS2
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DR. WATSON Holds 6 rings No Rotating Ring Holders Body Dimension: 13.5cm x 8.5cm x 8cm Visible Checking Area: 4.5cm x 5cm (Approx 1.5 in x 2.5 in) Checking Area Height: 40mm (1.5 in) Loose Diamond Weight: 50 carats Portable and Battery Operated Use Your Own Phone THE SHERLOCK HOLMES 4.0 Holds 27 rings Rotating Ring Holders: Up
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Chow Tai Fook Jewellery Group (CTF)’s jewellery brand Hearts on Fire has recently appointed Rita Maltez, former Rio Tinto Diamonds executive, as global president. Rita Maltez has been the brand’s acting global president since 2021, leading commercial and business strategies and growing the company’s market presence. She manages items teams across Hong Kong, Mainland China, Taiwan, and N
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De Beers announced on 1 June 2023 that Tracr is now open to participants from the diamond industry and that US jewellery retailer Brilliant Earth is the latest industry leader to join the diamond traceability platform, following in the footsteps of the Gemological Institute of America (GIA) and Gemological Science International (GSI). De Beers also introduced the Origin suite of services from
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Philips Jewels & Jadeite auction was held on 23 May 2023 in Hong Kong. A sapphire and diamond necklace by Bulgari was the top bid at the auction fetching $3.4 million. Coming from a private collection, this magnificent Bulgari necklace has been cherished by its owner for almost two decades since its debut in 2004. Weighing an impressive 118.35 carats, the sapphire set on the necklace
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De Beers announced the value of rough diamond sales for the fourth sales cycle of 2023 on 17 May. The gross sales value was $480 million, declined by 21 percent compared to the equivalent period in 2022. The sales dropped 11 percent compared with this year’s third cycle, reflecting a seasonal slowdown, De Beers said. Most of the proceeds were from the May sight in Gaborone, Botswana, with a
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The Asia Fancy Color Diamond Association (AFCDIA) led a group of selected members and coloured diamond and watch brands to take part in the 3rd China International Consumer Products Expo in Hainan, China, last month. Amazed the audience with magnificent jewellery and exquisite watches, AFCDIA has also entered into an agreement with a state-owned enterprise to promote the culture of coloured diamon
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Sarine Technologies announced the closing of the acquisition agreement between Sarine and the New York-based Gem Certification & Assurance Lab (GCAL) on 9 May 2023. The merger creates a robust synergy between Sarine’s technologies, and its revolutionary AI-derived cloud-based on-site e-Grading™ system and verifiable data-based Sarine Journey™ traceability paradigm, and GCAL’s stro
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The Gemological Institute of America (GIA) has examined a 34.59-carat CVD (chemical vapor deposition) lab-grown diamond, the largest CVD lab-grown diamond GIA has encountered, recently in its Hong Kong laboratory. The emerald-cut, G-colour, VS2 lab-grown diamond was produced by Ethereal Green Diamond in India. The stone exhibited qualities consistent with a CVD, type IIa diamond. GIA said, sm
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The World Federation of Diamond Bourses (WFDB) partnered with the Natural Diamond Council (NDC) to support the growth of the natural diamond industry recently. WFDB will make an initial financial investment. It will also work together with NDC to tell positive stories about natural diamonds and the people who work in the industry, and identify ways in which the values of natural diamonds can
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Rapaport released its new RapNet Diamond Index (RAPI) on 2 May 2023. RAPI for 1-carat polished diamonds fell 2.4 percent in April. The index declined to 7,159 on 1 May 2023, versus 7,543 at the beginning of the year. Other sizes were also weak. RAPI for 0.30-carat diamonds saw some stability, while prices of smaller goods dropped, reversing their upward trend. Diamond prices slipped due to sl
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Gemfields and The Line fine jewellery label, which is based in India and the UAE, launched a new collaborative collection ‘Songbird’ on 20 April, 2023. The collection features Gemfields’ Mozambican rubies and Zambian emeralds, and pays a tribute to Indian traditions, history and artistry. It is a means of making the high-fashion allure of gemstones accessible and brought into the everyday, s
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Buyer registration in full swing as Jewellery & Gem ASIA Hong Kong gears up for much-awaited comeback this June All eyes will be on Hong Kong this June as the global jewellery community gathers at Jewellery & Gem ASIA Hong Kong (JGA), show organiser Informa Markets Jewellery announced. Exhibitor sign-ups are pacing ahead, with around 1,500 industry-leading finished j
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Storm Mountain Diamonds (SMD) discovered a 108.39-carat pink diamond from its Kao mine in Lesotho recently. The stone is a fancy intense pink, type IIa diamond. It is one of the largest pink diamonds ever unearthed, according to the company which is a joint venture between Namakwa Diamonds and the Lesotho government. The diamond is more than twice the weight of the 47.81-carat Pink Ete
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French luxury conglomerate LVMH has come into an agreement to acquire a majority stake in Platinum Invest Group, a French jewellery manufacturing company, to supplement and enhance Tiffany’s existing manufacturing and production. The agreement was made with investment companies, Andera Partners, Bpifrance, and with other shareholders, according to a joint statement on 10 April 2023. Pla
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The Gemological Institute of America (GIA) announced on 7 April 2023 that it will return to producing printed GIA Diamond Dossier reports beginning 9 April 2023. The decision was made due to concerns expressed by GIA clients, manufacturers, brokers, wholesalers, brands and retailers regarding the challenges of integrating the digital-only report into their processes, potentially disrupting the
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De Beers announced its cooperation with the Gemological Institute of America (GIA) in the group’s Tracr diamond blockchain platform on 5 April 2023. GIA’s participation in Tracr will see the world’s leading diamond grading laboratory include an immutable record of the provenance of polished diamonds in its diamond grading reports for the first time as the industry continues to progress t
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Belgian diamond manufacturer HB Antwerp announced the strategic partnership with the Botswana government on 27 March 2023 whereby the government will invest in HB Antwerp by acquiring a 24-percent equity stake in HB Antwerp. Then key commercial terms of the deal have been agreed and the parties intend to sign definitive contracts in the coming weeks. According to HB Antwerp, the opening o
DetailThe Census and Statistics Department of Hong Kong released its latest figures on the city’s retail sales for February 2023 recently. The total retail sales in February 2023 climbed 31 percent to HK$33.11 billion ($4.22 billion). Revenue from jewellery, watches and clocks, and valuable gifts surged 129 percent year on year to HK$5.01 billion ($637.8 million), the highest total for any month since
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Petra Diamonds announced the results of its fourth tender for the year of 2023 recently, at which 505,398 carats of rough diamonds were sold for a total of $72.1 million from Petra’s South African operations, with like-for-like prices gaining 12.5 percent compared to December. According to Petra Diamonds, rough prices increased as the market benefited from a rebound in China and steady poli
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The state-owned Dubai Multi Commodities Centre (DMCC) will inaugural what it claims to be the world’s first Lab-Grown Diamond Symposium in Dubai on 10 July 2023. DMCC said, the symposium is seen as a timely and world-first opportunity to benchmark this nascent technology-driven industry’s unique challenges and remove barriers to growth. DMCC will convene global leaders in the lab-grow
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JCK Industry Fund Committee has announced grant recipients recently. A total of $340,000 funds will be shared with nine winning industry organisations. Since its inception in 1997, the fund has awarded over $7 million in grants toward programmes that benefit the jewellery industry at large, in its mission to support the jewellery industry’s long-term health, success, and growth. Sa
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The Gemological Institute of America (GIA) announced the 2022 Gianmaria Buccellati Foundation Award winner recently. The Gianmaria Buccellati Award for Excellence in Design was established in partnership with the Gianmaria Buccellati Foundation in 2018 to recognise outstanding talent in design among GIA students globally. In its sixth year, the award went to a student from the GIA London
DetailThe Census and Statistics Department (C&SD) of Hong Kong released the latest figures on retail sales recently. Revenue from jewellery, watches and clocks, and valuable gifts climbed 23.1 percent year on year to HK$4.45 billion ($566.8 million) in January 2023, the highest figure since January 2020. Total retails sales in January 2023 rose 7 percent year on year to HK$36.19 billion ($4
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Chow Tai Fook Jewellery Group (CTF) announced the appointment of Annie Wong as the company’s first chief operating officer, the newly created position which is effective since 1 March 2023. Annie Wong is responsible for enhancing the company’s end-to-end value chain efficiencies, strategic planning as well as product and inventory management. She will also focus on streamlining the pr
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Following Hong Kong’s lifting of the mandatory mask mandate and full resumption of travel, practitioners in the jewellery industry from around the world flocked to the city’s first major trade fair. Organised by the Hong Kong Trade Development Council (HKTDC), the 39th HKTDC Hong Kong International Jewellery Show and the 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show gathe
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De Beers released its preliminary financial results for 2022 on 23 February 2023. The group total revenue rose by 18 percent from $5.6 billion in 2021 to $6.6 billion in 2022, with rough diamond sales jumping 22 percent from $4.9 billion to $6 billion. The remainder came from other businesses including consumer brands and the synthetic diamond unit Element Six. According the group, rough di
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Australian miner Rio Tinto has approved a $40 million investment in the first phase of underground mining below the existing A21 open pit at its Diavik diamond mine in the Northwest Territories of Canada. Based on the updated mine plan and production schedule including the A154N and A154S pipes, and subject to approval of the second phase of the A21 underground project, Diavik deposit i
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Celebrating its 100th anniversary, Gübelin Gem Lab launched Gemtelligence, a new software which ensures consistency in analyses of coloured gemstones and determines the origin of emeralds, rubies and sapphires using artificial intelligence (AI) and deep learning. The new tool was created in cooperation with technology and innovation institute the Swiss Center of Electronics and Microtechnolo
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Italian Exhibition Group (IEG)’s international gold and jewellery show Vicenzaoro January 2023 closed on 24 January at Vicenza Expo Centre. The attendance is an all-time record which is up 11.5 percent, compare to the pre-pandemic edition of January 2020. According to IEG, foreign buyers doubled compared to 2022 winter edition (+105 percent). Foreign attendance was close to 60 percent of
DetailThe Fancy Color Research Foundation (FCRF) announced the results of the Q4 and 2022 full year Fancy Color Diamond Index (FCDI) recently. The average price of all colours and sizes of fancy coloured diamonds rose by 3.9 percent in 2022, let by a 4.6-percent increase in all yellows, followed by a 3.9-percent rise in pinks and 1.8 percent in blues. The annual increment of the yellow category
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The Gem Awards, presented by Jewelers of America (JA) will award Gucci with the Gem Award for High Jewelry Excellence, a new category this year, for the brand’s excellence in high jewellery design. Gucci will receive the honour at the 21st annual Gem Awards scheduled for 17 March 2023 in New York City, the United States. The award will be one of a number given to the industry for the o
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The World Gold Council (WGC) released its latest Gold Demand Trends report saying that annual gold demand in 2022 increased by 18 percent year-on-year at 4,741 tonnes - the highest annual total since 2011. Boosted by a record fourth quarter, demand for gold was propelled by hefty central bank-buying and persistently strong retail investment, said the global experts on gold. Gold jewellery dem
DetailThe Gemological Institute of America (GIA) rolled out the AGS Ideal Report as a digital supplement to the organisation’s diamond grading reports, after the announcement of the partnership between GIA and the American Gem Society (AGS) in October 2022. The two lab’s merge entailed GIA absorbing AGS Laboratories research staff, intellectual property, technology and Las Vegas facility.
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The Responsible Jewellery Council (RJC) appointed writer and curator Melanie Grant as its new executive director on 23 January 2023. Melanie Grant has been a journalist for over 20 years—having worked at The Times, The Financial Times, The Independent, The Guardian, The BBC and—until 2022—The Economist. “In addition to commissioning and editing luxury content, she brings signifi
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Rio Tinto reported a double-digit diamond production growth in 2022 after the Australian miner took full ownership of the Diavik diamond deposit in Canada. According to the company, its total diamond production grew 21 percent from 3.84 million carats in 2021 to 4.65 million carats for the full year of 2022. The output in fourth quarter rose 14 percent from 1.15 million carats in Q4 202
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De Beers announced on 10 January 2023 that Charles Stanley, president of its brands in North America, is to retire from the business following more than 20 years with the group. Charles Stanley will hand over his official duties over the course of January and remain through the end of February to ensure a smooth transition. Céline Assimon, CEO of De Beers Jewellers and De Beers Forevermark, w
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LVMH announced on 11 January 2023 that Tiffany will join the group’s watches and jewellery division following a two-year integration period. LVMH acquired Tiffany for $15.8 billion in January 2021. Since then, Tiffany has operated as a stand-alone business, reporting directly to group chairman and CEO Bernard Arnault. From 1 February, the brand will report to the watches and jewellery div
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Rapaport released its new RapNet Diamond Index (RAPI) on 3 January 2023. Diamond markets were quiet toward the end of December as wholesalers took vacation between Christmas and New Year. Major dealers were satisfied with the holiday season but remained cautious about their short-term prospects. Polished diamond prices continued to decline in most categories. RAPI for 1-carat diamonds fell 1.
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The Gemological Institute of America (GIA) has issued its first fully digital Diamond Dossier, the organisation’s most popular report, starting the two-year process of its pledge to go paperless. GIA’s laboratory in Ramat Gan, Israel issued the report on 2 January 2023. Diamond Dossier is an abbreviated grading report for loose diamonds between 0.15 and 1.99 carats in the D-to-Z colour ra
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With over 1,200 exhibiting brands from 33 different countries, Italian Exhibition Group (IEG)’s international gold and jewellery show Vicenzaoro January (VOJ) will be held at Vicenza Expo Centre from 20 to 24 January 2023, together with T.Gold, the international gold and jewellery technology and machinery show, and VO Vintage, the vintage watch and jewellery marketplace from 20 to 23 January 202
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Seasonal trends appeal to mass-produced accessories that come and go every quarter to six months. Jewellery designed for the mass market has gained a firm foothold in the globe by virtue of affordability and popularity. For savvy Millennial or Gen-Z consumers who have a flair for personality, authenticity and sustainability, however, fashion jewellery from mainstream retail chains may not be their
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De Beers Group announced results of its tenth sales cycle and the final one in 2022 on 21 December. Sales which included the group’s global sightholder sales and auctions reached $410 million as the industry is on the back of pre-holiday stocking and buyers preparing for China’s reopening. Sales of the tenth sales cycle are slightly lower than actual sales of $454 million achieved fro
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Gemfields, the miner of responsibly sourced coloured gemstones and the majority owner of the Kagem mine in Zambia, has joined forces with fine jewellery designer Donna Hourani on a new emerald-focused collaboration: the Donna Hourani x Gemfields ‘The Bridge’ collection. The colourful and upbeat collection contains 11 pieces of jewellery comprising earrings, rings, bracelets and neck
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Sotheby’s Magnificent Jewels auction in New York was held on 7 December 2022. A 303.1-carat Golden Canary fetched $12.4 million, becoming the third most valuable yellow diamond ever sold at auction. According to Sotheby’s, the pear-shaped, fancy-deep-brownish-yellow stone is the world’s largest known internally flawless diamond. It is also the largest flawless or internally flawless
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Christie’s Magnificent Jewels sale at Christie’s New York closed on 6 December 2022 with 93 percent sold by lot and totalled at $58.8 million. The top lot of the auction was a necklace set with a 31.62-carat fancy blue pear modified brilliant-cut diamond which is described as the largest fancy blue diamond to appear at auction. The lot fetched $11.8 million, which is within its pre-sa
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Pantone Color Institute recently announced its Color of the Year 2023: Viva Magenta 18-1750. Brave and fearless, it is a shade rooted in nature, and a pulsating colour whose exuberance promotes a joyous and optimistic celebration, writing a new narrative, said the colour institute. In a video introducing the new colour of the year, Laurie Pressman, vice president of the Pantone Color Instit
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Christie’s Hong Kong Magnificent Jewels auction achieved a total of HK$359,380,860 (US$46,222,488) on 28 November, with solid sell-through rates of 86 percent by lot and 82 percent by value and drew global participation from 21 countries across three continents. A rivière diamond necklace was the top seller at the auction, bringing in $5.9 million. The sale price for the piece, which
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Gemfields sold the 187,775-carat (or 37-kilogram) emerald cluster - Kafubu Cluster at its recent auction, making it the most expensive single emerald item the company has ever sold. The record price comes despite weakened demand and softer pricing for stones from the company’s Kagem mine in Zambia. The sale was part of a series of five mini-auctions that took place between 30 October an
DetailThe Fancy Color Research Foundation (FCRF) announced the results of the Fancy Color Diamond Index (FCDI) for the third quarter of 2022. After an increase of 0.8 percent in Q2 2022, the average price of all colours and sizes of fancy colour diamonds climbed by 1.0 percent in Q3 2022, driven by gains in all hue segments, with yellows seeing the strongest growth. According to FCRF, this clim
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The Gemological Institute of America (GIA) joined the Watch & Jewellery Initiative 2030 (WJI 2030) as part of the Institute’s ongoing commitment to collaborative efforts to advance sustainability in its operations and activities, and throughout the global gemstone, jewellery and watch industry. Susan Jacques, GIA president and CEO said: “GIA is very proud to support the ambitious
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Fine jewellery brand David Yurman unveiled its 2022 holiday ad campaign featuring actors Scarlett Johansson and Henry Golding as the brand’s first celebrity brand ambassadors. The campaign is a continuation of the brand’s ‘Come Closer’ theme for the year. It partnered again with the iconic New York hotel the Carlyle and its famed Bemelmans Bar, which serves as the campaign’s bac
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Gemfields will sell a 187,775-carat colossal cluster of emeralds – the Kafubu Cluster at its upcoming emerald auction, with viewing from 31 October and bidding closing on 17 November. Given its size and quality, “it is likely that the Kafubu Cluster will be the most expensive single emerald piece ever sold by Gemfileds”, said the miner. The Kafubu Cluster was discovered in the Chama pit
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De Beers announced recently that the Academy Award-winning actor Lupita Nyong’o will be its first global ambassador featuring in the new brand campaign, which supports company’s Building Forever commitment for women and girls to advance at where its diamonds are discovered. The campaign, “De Beers: Where It Begins”, tells the story of the only global luxury brand that starts at th
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French luxury conglomerate Kering reported solid results of its jewellery brands in the third quarter of 2022. The group revenue jumped 23 percent year-over-year to €5.14 billion ($5.07 billion). Sales at Kering’s “other houses” segment which include jewellery, watches and other fashion products rose 17 percent year-over-year to €995 million ($984.3 million) for the three months end
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Australian miner Rio Tinto has debuted its first Argyle Pink Diamonds jewellery piece since the closure of the Argyle deposit in Western Australia in November 2020. The AU$6 million ($3.8 million) Argyle Romantica ring that contains 3.42 carats of pink, red and blue diamonds from the mine is the first piece produced under the Argyle Pink Diamond Icon Partner programme. The programme is part o
DetailDe Beers announced on 10 October that Bruce Cleaver will step down from his role of CEO in early 2023 and will be succeeded by Al Cook, who is currently executive vice president of international exploration and production at Norway-based energy company Equinor. Bruce Cleaver will become co-chairman of De Beers alongside Duncan Wanblad, who is also CEO of parent company Anglo American. Du
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Polished diamond trading was slower than usual in September as US economic uncertainty and the slowdown in China affected sentiment. Dealers were cautious as polished prices continued to slide, said Rapaport Group in its newly released RapNet Diamond Index (RAPI) on 6 October. RAPI for 1-carat diamonds fell 3.8 percent in September. Having declined 9.7 percent in the third quarter, it was dow
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The ‘Williamson Pink Star’, an 11.15-carat fancy vivid pink diamond, sold for HK$453.2 million ($57.7 million) at Sotheby’s Hong Kong auction on 7 October 2022, making it the second most valuable diamond ever sold, and the highest price-per-carat for any diamond or gemstone at auction. The final result is nearly three times the lot’s original $21 million pre-sale estimate. Th
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Pandora recently announced a 12-piece jewellery collection inspired by the late artist and activist Keith Haring, who was part of the legendary New York art scene during the 1980s. The collection features Haring’s colourful and symbolic works including the barking dog, angel baby and signature bold lines. “This is our first art collaboration and an ideal match for Pandora. Hari
DetailThe retail sales of jewellery, watches and clocks, and valuable gifts in Hong Kong increased for the fifth consecutive month. According to the government of Hong Kong’s Census and Statistics Department, the value of sales of jewellery, watches and clocks, and valuable gifts increased by 4.3 percent in August 2022 over a year earlier to HKD3.3 billion ($420.1 million). The value of
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Pandora recently announced a 12-piece jewellery collection inspired by the late artist and activist Keith Haring, who was part of the legendary New York art scene during the 1980s. The collection features Haring’s colourful and symbolic works including the barking dog, angel baby and signature bold lines. “This is our first art collaboration and an ideal match for Pandora. Haring
DetailThe retail sales of jewellery, watches and clocks, and valuable gifts in Hong Kong increased for the fifth consecutive month. According to the government of Hong Kong’s Census and Statistics Department, the value of sales of jewellery, watches and clocks, and valuable gifts increased by 4.3 percent in August 2022 over a year earlier to HKD3.3 billion ($420.1 million). The value of
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Platinum Guild International (PGI) reported a continued recovery in platinum jewellery sales in key markets India, Japan and United States in Q2 2022, despite the lingering effects of the pandemic and rising inflation, in the latest Platinum Jewellery Business Review (PJBR). PGI stated that the upswing has been fuelled by a series of marketing programmes underscoring platinum’s lustre a
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The American Gem Trade Association (AGTA) announced the results of its annual AGTA board of directors’ election. There were six directors elected to the board, among which three were newly elected. The directors-elect will serve three-year terms. Bruce Bridges of Bridges Tsavorite, Malinda Daniel of Tim Roark and Ravi Jajoo from United Color Gems will take office in February 2023, toget
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Dubai-based coloured-gemstone miner Fura Gems unearthed a 101-carat rough ruby at its mine in Mozambique. The stone’s fluorescence, clarity and vivid-red hue are extremely rare, according to the miner. Fura Gems named the stone Estrela de Fura, Portuguese for Star of Fura. The miner claims that the stone is the world’s largest gem-quality ruby. It said, while larger rubies exist, they
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Lightbox, De Beers’ lab-grown diamond brand has been selling lower-quality lab-grown diamonds at a reduced price of $600 per carat for many month under its Lightbox Basics line which was originally branded as Lightbox Outlet. Lab-grown diamonds from the line are in SI clarity sold loosely and set in sterling silver. The brand did not publicise the launch of the line but only promoted
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A 160-carat, type IIa high-quality white rough diamond, has recently been unearthed in Angola by Lucapa Diamond Company. This 160-carat new addition is now the sixth-largest stone the deposit has yielded, also marking the 28th diamond over 100 carats from the Lulo diamond mine where Lulo Rose was discovered. The rough is from the same alluvial mining block as Lulo Rose, a 170-carat p
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The Gemological Institute of America (GIA) recently received a group of four ‘natural’ blue gems for identification and origin reports, which was submitted as natural sapphires, and the results came out surprising. Among the four ‘natural’ gems, two were found as synthetic and one as a simulant. GIA reported in its Summer 2022 Gems & Gemology issue that its Carlsbad l
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The ‘De Beers Blue’, originally named the ‘De Beers Cullinan Blue’, might originate in the deepest parts of the earth, according to researchers at the Gemological Institute of America (GIA). This step cut, 15.10-carat, fancy-vivid-blue rare diamond was recently sent to GIA for grading. The rough was unearthed from the Cullinan mine in South Africa, from which Petra Diamonds ext
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The Gem & Jewellery Export Promotion Council (GJEPC), the governmental body that supports the diamond and jewellery trade in India, has elected Vipul Shah as the new chairman. Vipul Shah, GJEPC’s former vice chairman for the 2020-22 term, took charge as the chairman of GJEPC for the tenure of September 2022- September 2024. He was previously the chairman for the 2012-2015 term,
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Tiffany & Co recently launched Tiffany Lock, its first gender-neutral bangle collection, with “No rules. All welcome” as its tagline. The new collection is inspired by the importance of connection and shared experiences and features the brand’s iconic padlock motif which was first introduced in the late 19th century and later developed into key rings, money clips and more. The m
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Pandora announced it is launching lab-grown diamond jewellery in the United States and Canada. The introduction marks a milestone for the world’s largest diamond market, where more consumers will now be able to buy diamond jewellery. Pandora CEO Alexander Lacik said: “The future of luxury is here today. Lab-grown diamonds are just as beautiful as mined diamonds, but available to more peo
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Gemfields reported $181.2 million in total auction revenues for the six months ended 30 June, 2022 with all three auctions held in the period breaking previous records. The company owns and operates 75 percent of both the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique. It also holds controlling interests in various other gemstone mining and prospecting licenses in Zamb
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The flagship show of the Gem & Jewellery Export Promotion Council (GJEPC), India International Jewellery Show Premiere (IIJS Premiere) held during 4-8 August 2022 in Mumbai, India saw a record number 50,000 of visitors which will generate business worth Rs 50,000 Crore ($6.29 billion) to exhibitors in the coming 4-6 months. The show witnessed 1,790 exhibitors showcasing their exquisite gem
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Signet Jewelers will acquire online retailer Blue Nile for $360 million in cash to boost Signet’s bridal, “accessible luxury” and digital businesses, while expanding its consumer base and the US retail chain. Signet expects to complete the transaction in the third fiscal quarter, which runs until late October. “Blue Nile brings an attractive customer demographic that is younger,
DetailJewellery sales in Hong Kong declined in the first half of this year because of the negative impact of macroeconomic and geopolitical challenges on consumer sentiment. The city’s Census and Statistics Department reported on August 2 that in the first six months of the year, sales of jewellery, watches, clocks and valuable gifts slid 6.8 percent to HK$17.45 billion ($2.22 billion).
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The New York-based Fancy Color Research Foundation (FCRF) announced that fancy-coloured diamond prices increased in the second quarter of 2022 as demand strengthened and supply became tight. The Fancy Color Diamond Index gained 0.8 percent compared with the first quarter and was 3.1 percent higher than during the second quarter of 2021, according to the organisation. FCRF board membe
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A pink Type IIa diamond, weighing 170 carats, has recently been found in an Angolan mine, which may just be the largest pink diamond recovered in the last 300 years. Being named as the Lulo Rose, the diamond was discovered at the Lulo alluvial mine, which is owned by the Lucapa Diamond Co. It will be sold by international tender by Sodiam, Angola’s state-owned diamond marketing company.
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Kering reported strong jewellery sales during the first half of 2022, with “very solid performances” from the group’s Boucheron and Pomellato jewellery houses. According to Kering, the solid performance of Boucheron and Pomellato is due to a recovery in North American and European markets, while Qeelin was affected by the health situation in China in the second quarter of this yea
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As one of Europe’s most eagerly awaited international events for the gold and jewellery community, Vicenzaoro September will be back in Vicenza from September 9 to 13, 2022. The B2B event that represents the entire gold and jewellery supply chain is a business showcase, a breeding ground for trends, innovation, information and training, and a place for global networking for companies, trader
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Online marketplace eBay expands its authenticity guarantee service to fine jewellery by partnering with the Gemological Institute of America (GIA) to verify condition, quality, and accuracy of an eBay fine jewellery listing for potential buyers. Fine jewellery authenticated through this multi-point inspection process is marked on eBay’s marketplace with an authenticity-guarantee badge. Veri
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Iris Van der Veken has been appointed executive director and secretary general of the Watch & Jewellery Initiative 2030 (WJI2030) on July 12th, directly reporting to the board of WJI2030. With a background in law and international relations, Iris Van der Veken has more than 20 years of global experience working in fast-paced environments including the technology, jewellery and fashi
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The third edition of VO Vintage will return to Vicenzaoro September (September 9-13) from September 9 to 11 with new features. The fine vintage watchmaking and jewellery lounge will offer the community of collectors, dealers and enthusiasts the opportunity to admire and wear unique items that carry the value of time, increase technical skills and more. In the Vicenza exhibition centre, th
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Sarine Technologies and China’s National Gemstone Testing Center (NGTC) will introduce co-branded grading reports and services for the mainland China market. According to Sarine, the reports will establish a new industry standard for light performance in China market. For the past two-and-half years, NGTC has been carrying out extensive tests on diamonds of various cut qualities using Sar
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Rapaport Group released RapNet Diamond Index (RAPI) for H1 2022 on July 5. Diamond market sentiment received a boost from the Las Vegas shows, which demonstrated robust US demand. However, polished prices declined amid a weak global economic outlook and a rise in inventory levels, according to Rapaport. RAPI for 1-carat diamonds slid 1.8 percent in June but increased 7.4 percent between t
DetailDe Beers and the government of the Republic of Botswana have extended their existing agreement for the sales of Debswana’s rough diamond production by another year till June 2023. In a statement, De Beers said: “Following further positive progress towards a new agreement being made in the first half of 2022, the two parties have agreed to the one-year extension to enable the finalisatio
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The Antwerp World Diamond Centre (AWDC) has appointed David Gotlib as its new president to replace Chaim Pluczenik. The board also elected two new vice presidents, Sahag Arslanina, managing director of Arslanian Group, and Amish Jain, owner of N N Diamonds. David Gotlib is a third-generation diamantaire, leading Antwerp’s midstream diamond company IDRP Group. He is also the creative for
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The International Gemological Institute (IGI) recently launched “IGI eLearning Courses” on diamonds, gemstones and jewellery. “IGI eLearning Courses” is a brand new interactive online educational series, featuring lessons designed to educate people selling jewellery and those that want to learn more about diamonds, gemstones and jewellery. The on-demand courses provide fund
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For the first time in 127 years, Swarovski has appointed a non-family member, Alexis Nasard, as CEO, who will start on July 4. Being a former McKinsey & Co. executive, Nasard has been in the retail industry for more than 30 years, including 17 years as a general manager at consumer goods giant Proctor and Gamble. “With the appointment of [the] first external CEO, we are taking
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A Kashmir sapphire ring sold for HK$3.3 million at Bonhams Hong Kong Jewels and Jadeite auction on June 22. Featuring the unheated cushion-shaped 6.99-carat sapphire, the diamond ring fetched HK$ 3.3 million ($417,752), which is within presale estimates, according to Bonhams. “Traditional coloured gemstones of superb quality, such as the star lot from the esteemed Kashmir mine, continue to
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Women’s Jewelry Association Foundation (WJA Foundation) has just launched a new scholarship – Radiant Minds Technology Scholarship – aiming to provide women of colour with the education for tech-related jobs within the jewellery industry. The scholarship is available to women of colour, inside and outside of the jewellery industry, and supports diversity, equity and inclusion.The se
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Diamond jewellery online retailer Blue Nile Inc recently agreed to go public through a merger with a special purpose acquisition company (SPAC) called Mudrick Capital Acquisition Corp II on NASDAQ in early fourth quarter 2022. The company is at an implied $683 million valuation, and is anticipated to generate some $450 million in capital before expenses, including $50 million in new funds
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The Responsible Jewellery Council (RJC), the world’s standards setting organisation for the global jewellery and watch industry, launched its Gender Equality Toolkit at JCK Las Vegas for small and medium size enterprises (SMEs) on June 9, 2022. During the launch held at the Plumb Club Pavilion, RJC also released its 2022 Annual Progress Report. According to RJC, the launch of the Gender
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The Gemological Institute of America (GIA) announced on June 7 that all its paper reports will be converted into digital by 2025, which will save 20 tons of paper and 18.5 tons of plastic per year. A digital version of GIA Diamond Dossier, GIA’s most popular report, is expected to launch in January 2023, powered by a fully reimagined GIA app. GIA’s digital offering will also feat
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Gemfields set a new record by achieving $43 million at its emerald auction, comprising a series of five sequential mini-auctions held during the period 9 to 26 May 2022. The auction contained a selection of grades that are typically offered at Kagem Mining Ltd’s (Kagem) auctions of higher quality emeralds as well as one special piece. Product and sales managing director Adrian Banks
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With an intention to expand into the luxury and high-end fashion worlds, Dubai-based property development company DAMAC Group acquired de GRISOGONO, a luxury Swiss jewellery brand, for an undisclosed price on 31 May 2022. The brand was identified by Hussain Sajwani, founder and chairman of the DAMAC Group, who was also the top bidder amongst several others bidding to acquire the brand.
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The Gem and Jewellery Export Promotion Council (GJEPC) has proposed the opening of a lab-grown diamond park on May 17, indicating that the lab-grown diamond industry has the potential to process an extra 150 million carats a year. “Lab-grown diamonds have the potential to build and sustain a stronger and more self-reliant domestic cutting and polishing industry,” said Shri Colin Shah,
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Pandora announced last week about its plan to invest $100 million for a new jewellery crafting facility in Vietnam – the company’s third manufacturing site and the first outside Thailand – construction of which is scheduled to begin in early 2023 and production in late 2024. The facility will be located in Vietnam Singapore Industrial Park 3 (VSIP) Binh Duong Province, about 40km no
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Gold jewellery demand in Q1 2022 was relatively soft, particularly when compared with the bumper previous quarter, with much of the weakness came from China which was affected by COVID-related lockdowns, and India, where there was a relative lack of auspicious days, according to World Gold Council (WGC) on the Gold Demand Trends Q1 2022 report. Much of the decline can be accounted for by
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Three major independent jewellery buying groups, the Independent Jewellers Organisation (IJO), the Company of Master Jewellers (CMJ) and Nationwide Jewellers, have recently joined forces and launched a new collaborative project – the Global Jewellers Network. The Independent Jewellers Organisation operates in the U.S. and Canada, while the Company of Master Jewellers covers the U.K. and Ire
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Jewellery & Gem World (JGW), a trade show long identified with the city of Hong Kong, is taking place in Singapore September this year. The global event is scheduled for 27 to 30 September at the Singapore EXPO, and will be complemented by JGW Hong Kong – Special Edition, which will also take place in a physical format at the Hong Kong Convention and Exhibition Centre (HKCEC) from 1
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Tiffany & Co. recently launched its Blue Book high jewellery collection 2022 — named BOTANICA — revisits botanical motifs from Tiffany’s heritage, starring ‘Wonder Woman’ Gal Gadot. The collection takes inspiration from three pillars of nature — with design families influenced by the dandelion, thistle and orchid. Everything from humble to exotic species, Tiffany teamed up w
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Christie’s has just unveiled ‘The Light of Africa’ — a 103.49 carats D-colour, flawless, emerald-cut diamond — estimated to sell for up to $18 million when it leads the New York Magnificent Jewels sale on 8 June. Following 15.10-carat fancy vivid blue diamond ‘De Beers Blue’, ‘The Light of Africa’ has become another big diamond on the auction market, which was also unc
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Burak Yakın and his team were elected the Board Members of Jewellery Exporters’ Association of Turkey on 9 April, 2022. The general elections of Jewellery Exporters’ Association of Turkey held at Foreign Trade Complex of Turkish Exporters Assembly on 9 April 2022. Burak Yakın and his team won the elections and took over the post as the New Board of Directors of Jewellery Exporters�
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Oroarezzo will be back in the halls of Arezzo Fiere e Congressi 7-10 May 2022, hosting over 300 exhibitors from the main jewellery manufacturing districts in Italy including Arezzo, Vicenza, Naples and the Milanese capital. Four exhibition halls will be devoted to jewellery, manufacturing, tech and Cash & Carry, consolidating Oroarezzo's position in Italian Exhibition Group (IEG) and its j
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‘De Beers Blue’ - a 15.10-carat step-cut fancy vivid blue diamond, the largest of its kind ever to appear at auction - sold for HK$451 million (approximately US$57.5 million) at Sotheby’s Hong Kong on 27 April 2022. The stone, also called as ‘De Beers Cullinan Blue’, had been expected to fetch up to US$48 million at pre-sale estimate, while the price achieved at auction is the hig
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Chow Tai Fook Jewellry Group (CTF) launches dazzling array of jewellery to celebrate Mother’s Day 2022. The highlight products include Touch of Love diamond and pearl jewellery in 18-karat white gold, the delicate floral pure gold pieces, the statement-making platinum jewellery, and T MARK Echo of Love Collection diamond pieces. The design concept of the collection is to make a precious and
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ive designer members and five supplier members won the 32nd annual CASE Awards whichrecognize JA members who exhibit creativity, artistry, style, and excellence in jewelry design. The national design competition received 140 entries in eight categories. “The 2022 CASE Award winners had a fresh perspective mixed with artistry and attention to detail that made them stand out in the outsta
DetailDe Beers’ third sales cycle of 2022 (for the period 28 March 28 to 12 April) generated a total of $565 million in revenue, up 26 percent compared to $450 million in the third sales cycle of 2021and down 13 percent from $652 million for the preceding second sale this year. CEO Bruce Cleaver believed “robust demand for rough diamonds in 2021 and jewellery sales in the first quarter of 202
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According to a notice of the International Colored Gemstone Association (ICA), David Patterson, a longtime gemstone expert, passed away on 8 April at the age of 89. Despite receiving his degree in mechanical engineering from Colorado State University, he could not stop his passion for gemstones. He began to build his own faceting machine and learn the knowledge of gemstones. After gaini
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GENEVA – Christie’s is proud to announce THE RED CROSS DIAMOND, a historically important fancy intense yellow, cushion-shaped diamond of 205.07 carat (estimate on request). A symbol of the altruism and heroism of the world’s largest humanitarian network, this famous diamond will live up to its name with part of the sale revenue to be donated to the International Committee of the Red Cross.
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Hearts On Fire, a U.S. diamond brand owned by the Chow Tai Fook Jewellery Group announced the appointment that Rebecca Foerster will take up the position of president of Hearts On Fire NA effective May 1 as Caryl Capeci is stepping down as CEO of Chow Tai Fook North America. Foerster will take charge of Hearts On Fire’s office in Boston and will be responsible for all North American regional
DetailThe U.S. Department of the Treasury’s Office of Foreign Assets Control put Russian diamond miner Alrosa on the Specially Designated Nationals (SDN) list. “Through these designations, Treasury is cutting off additional sources of support and revenue for the Government of the Russian Federation to wage its unprovoked war against Ukraine,” the U.S. Treasury Department explained. According to
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The findings of a Platinum Guild International USA（PGI-USA）study on how Environmental, Social and Governmental (ESG) initiatives affect consumer behaviour suggest that consumers are willing to spend more on jewels if they are sustainably produced despite lack of understanding of what sustainability means. “The research was based on a December 2021 online survey of 500 US consumer
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Pandora has announced the appointment of Irving Holmes Wong as senior vice president and general manager of its Greater China cluster. He reported for duty on 7th April, 2022 to take charge of Pandora’s business in the Greater China cluster which has been considered by the company as “unsatisfactory.” The department has 2,000 employees and covers 250 concept stores across mainland Chin
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At the Watches & Wonders Geneva 2022 held in hybrid mode between 30 March and 5 April, the Swiss brand introduced their latest timepieces in terms of colours, materials and movements. Let’s take a look. Datejust 31 The new Datejust 31 carrying the calibre 2236 movement features 24 flowers centred by a diamond. Three colours are available for purchase: white gold with blue dial an
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Inspired by a sea anemone, the Heteractis ring set with a 7.89-carat Ceylon sapphire surrounded by a corolla of 10 emeralds of 4.83 carats in total features stunning colour combinations of blues and greens, a signature contrast of Cartier. Thanks to the hard work of the designer and the lapidary, the brand-new cut for emeralds has enhanced the ring’s three-dimensionalities and the cu
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According to an online news report by Centurionjewelry, given that the list of US remains long in response to Russia’s invasion of Ukraine, the US president, Joe Biden has warned that the sanction could bring economic impact to Americans, for example rising fuel prices. “According to the US Treasury, Russia contributes to nearly a third of the global diamond supply. Now industry experts
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Los Angeles, 27th March 2022 – De Beers Jewellers natural and responsibly sourced diamonds shined on Oscar winner Ariana DeBose, Euphoria actress Hunter Schafer and actress Zoey Deutch at the Vanity Fair Oscar Party 2022. Oscar winner Ariana DeBose looked radiant in high jewellery from De Beers, including statement Phenomena Sirocco diamond earrings paired with Adonis Rose bracelet an
DetailLos Angeles, 27th March 2022 – De Beers Jewellers natural and responsibly sourced diamonds shined on Oscar winner Ariana DeBose, Euphoria actress Hunter Schafer and actress Zoey Deutch at the Vanity Fair Oscar Party 2022. Oscar winner Ariana DeBose looked radiant in high jewellery from De Beers, including statement Phenomena Sirocco diamond earrings paired with Adonis Rose bracelet and
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A new event JEWELLERY GENEVA, organized by H2 Events, Inc., will be held from 30 March to 3 April 2022 at Hotel President Wilson in Geneva. H2 CEO Howard Hauben said, “our mission is to provide the top retailers coming into Geneva from all over the world with easy access to many of the important jewellery collections they have been accustomed to seeing on their annual Swiss buying trip”.
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The giant 228.31 carat pear-shaped diamond, The Rock, will lead Geneva Magnificent Jewels sale on 11 May 2022 (estimate: US$20,000,000-30,000,000). Mined and polished in South Africa over two decades ago, The Rock is the largest white diamond ever to appear for sale at auction and also the largest existing D-Z colour pear shaped diamond ever graded by the Gemmological Institute of America.
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An international system of gold bar integrity, chain of custody and provenance, namely “Gold Bar Integrity Programme” will be jointly implemented by London Bullion Market Association (LBMA) and the World Gold Council (WGC), aiming to “help consumers, investors, and market participants to trust that their gold is genuine and has been responsibly and sustainably sourced”, according to a pres
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London - Bonhams, the global auction house, has today (22 March 2022) acquired the Danish auctioneers Bruun Rasmussen, the leading auction house in Denmark. Financial terms are not being disclosed. Bruun Rasmussen Auctioneers joins Bukowskis, the Swedish auction house acquired by Bonhams in January 2022, and Bonhams Skinner, acquired by Bonhams on 16 March 2022, as part of the Bonhams netwo
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When you open the wardrobe and jewellery box of fashionistas, it is not difficult to find that natural diamonds have long been not only perfect match of formal suits and dresses, but also must-have items for casual everyday outfits! Natural diamonds, inherently radiant and timeless, have become indispensable accessories easy to match with “windproof jackets, denim, leather jackets” as seen
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Actress Jennifer Garner shined in natural diamonds from De Beers Jewellers at the premiere of The Adam Project in New York City. Jennifer was a classic beauty as she walked the red carpet in her black ensemble sparkling in De Beers diamonds. 17-3-2022
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Since 2006, the "Cartier Women’s Initiative Impact Report” has supported 262 outstanding women entrepreneurs from 62 countries has awarded a total of US$6.44 million in prize money to support their businesses. These outstanding women share a common belief; to solve global problems imminent issues and challenges. Their businesses have made a strong impact in their respective fields. The Im
DetailOn 9th March 2022, The American Gem Trade Association (AGTA) announced that the 2022 AGTA GemFair™ Las Vegas show will, once again, be a part of the JCK Las Vegas Show. The announcement comes on the heels of a highly successful AGTA GemFair Tucson show. GemFair Las Vegas will be held Thursday, June 9th – Monday, June 13th at The Venetian Expo and will be a part of the GEMS Pavilion at JCK. AGT
DetailChow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, “the Group” or “the Company”; SEHK stock code: 1929), a Hong Kong Main Board listed company with over 90 years of heritage, is pleased to announce that it has entered into a one-year, renewable supply agreement with Mountain Province Diamonds Inc. (‘Mountain Province Diamonds”). Under the terms of this agreemen
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To celebrate its 30th anniversary, JCK show has been scheduled to take place in Las Vegas between 10 and 13, June. Registration is now available on the JCK website (https://lasvegas.jckonline.com/en-us/register-to-attend.html) “After a successful reunion in 2021, we look forward to welcoming the industry back in an even bigger way and celebrating together with exciting new and returning events,
DetailIn response to the Russian-Ukraine crisis, U.S. President Joe Biden announced the list of the sanctioned entities early last week. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) extended list of sanctions last Thursday, including the largest diamond miner, Alrosa. Unlike other Russian private enterprises, Alrosa is 33% owned by the Russian government and another 33
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Entrepreneur, industry leader and philanthropist, Jawhara Jewellery® founder and CEO Tawhid Mohammad Taher Abdullah Al Mohtadi has been given the Lifetime Achievement Award in recognition of his remarkable achievements, according to the result revealed by the first edition of Jewellery World Awards (JWA) Dubai last Thursday. The award presentation was held in a gala dinner on 21 February during t
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The upcoming Sotheby’s Hong Kong Luxury Week will show the best of what Sotheby’s has to offer── the De Beers Cullinan Blue. The unrivalled 15.10-carat step-cut fancy vivid blue diamond will appear in a single-lot auction in late April after going on display in New York, London, Dubai, Singapore, Shanghai, Beijing, Shenzhen, and Taipei. The De Beers Cullinan Blue, uncovered at the Cull
DetailAccording to the Fancy Color Diamond Price Index results released by the Fancy Color Research Foundation (FCRF) last week, 89% of all fancy colour categories recorded increase in prices in 2021 full year. The Foundation found that Fancy Color Diamonds Price Index varied from -1.3% to +7.9% among all 128 categories, given the average change of an 1.7% price increase for 2021, that indicated a marke
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Multimedia Artist Dickson Yewn will donate four iconic jewellery pieces for the charity auction of women's Chinese tunic suits from the "A Century of Inheritance · Women's Power" project, as part of the Sotheby's Important Jewels auction to be hosted on February 18 for Hong Kong’s RE(LUX) – A Luxury Series. Among the jewellery donated by Mr. Yewn, two of them are handed down collectibles
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As reported last week, De Beers Group increased its Q4 2021 production by 15 percent, reaching 7.7 million carats, compared with 6.7 million carats in Q4 2020 to satisfy continued consumer demand. Most of the production came from the Jwaneng mine in Botswana and its operations in Namibia. Namibia recorded an increase of 16 percent in production to 392,000 carats, while production in South A
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Watches & Wonders Geneva is set to take place between 30 March and 5 April. Unlike the digital edition last year as a result of the pandemic, the trade show will be held online and face to face this year, according to the press release early this week. There will be 38 renowned watch exhibitors unveiling their new products, including A. Lange & Söhne, Cartier, Chopard, Panerai, Patek
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The Jewellery, Gem & Technology Dubai (JGT Dubai) - the industry’s first in-person B2B event of the year- will finally debut in February. Co-hosted byInforma Markets Jewellery and the Italian Exhibition Group (IEG) and supported by the official partner, DMCC (Dubai Multi Commodities Centre) is scheduled to take place from 22 to 24 February at the Dubai World Trade Centre (DWTC), attended
DetailAccording to a monthly analysis released by the Federation of the Swiss Watch Industry (FH) last December, Switzerland’s watch exports to Hong Kong have dropped to single digit, down 50% compared with the figures 10 years ago. Hong Kong is losing and also unlikely to regain its position as the largest foreign market for Swiss watches. Currently, the first three watch markets in sequence
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Jewellery is one of the most coveted gifts chosen for festivals. Red being the colour of the Chinese New Year symbolises joy and luck. (The symbol of fortune is of crucial importance for businessmen!) Here are some recommendations that highlight the theme of the Year of the Tiger and create a joyous aesthetic perfect for your family and friends. The Chinese New Year is just one week away! L
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Hong Kong, 21 January 2022 Sotheby’s announces new appointmentsto its luxury team in Asia with immediate effect. Reporting to Josh Pullan, Head of Global Luxury Division, Wenhao Yu is appointed as Chairman, Jewellery and Watches, Asia, responsible for growing Sotheby’s Jewellery and Watches businesses in Asia. Wenhao will be supported by Regine Ngan, who recently joined as Head of Departme
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The CEO of the Danish jewellery brand, Mehul Tank, was proud of the achievement, saying that “the certification from the RJC is an awareness that our business practices are respectful towards the environment, our employees and the communities in which we operate. Additionally, it gives us the confidence to set even higher standards in the coming years.” Iris Van der Veken, executiv
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The extremely rare carbonado diamonds are 2.6 to 3.8 billion years old and said to have been created from a meteoric impact or come from outer space. They are found only in Brazil and Central Africa. “The Enigma” is the world’s largest fancy black natural colour diamond and was listed as the largest cut diamond in the Guinness Book of World Records back in 2006. Despite the fact t
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The Gemological Institute of America (GIA) announced the appointment of Anna Martin as the senior vice president of institute, industry relations last week. Martin will work with senior GIA executives to develop relationships with influential magnates, companies, and other gem and jewellery trade members. Martin is well-recognised in the gem and jewellery industry. She served as a governo
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Alrosa Diamond Exclusive program was implemented three years ago, a part of which involves partnership with a number of private banks in Russia to sell their clients polished colour diamonds. Alrosa is planning to increase its direct sales to wealthy clients outside Russia. Alrosa told the Fancy Color Research Foundation (FRCF) that they plan to “extend the program to the international marke
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CIBJO, the World Jewellery Confederation, announced that the General Assembly, originally scheduled for 24 & 25 January has been postponed to 17 & 18 March 2022 in the Vicenza Exposition Centre, Vicenza, Italy. Following the decision of the Italian Exhibition Group (IEG) to postpone the VICENZAORO show in January due to the increasing number of confirmed cases of Covid-19, CIBJO made
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The Israel-based diamond and emerald supplier Eshed-Gemstar won the bidding for a 7,525 carat emerald during Gemfields’ latest Zambian emerald auction. The sum for the emerald is not given. Geologists Manas Banerjee and Richard Kapeta and his team found the 1,505g giant emerald named Chipembele ("rhino" in meaning) at the Kagem mine in Zambia operated by Gemfields London office in July. A
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According to the announcement by the Jewelry Group last month, a licensing agreement has been made by the Group and Karl Lagerfeld brand that two jewellery collections, one branded as Karl Lagerfeld and the other as Karl Lagerfeld Paris, will be rolled out and available for purchase in North America and key Asian markets. CEO of Karl Lagerfeld,Pier Paolo Righi said in a statement that, the col
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“Diamonds in Space” is a stellar diamond promotion launched by an American Gem Society jeweller, Dianna Rae Jewelry in Louisiana, U.S. It is the first time that Dianna Rae High, owner of the jewellery shop, teams up with NASA to send her diamonds on a commercial space mission to the International Space Station. According to the Space Act Agreement between High and NASA, the diamonds will tra
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The Italian Exhibition Group (IEG) announced the Vicenzaoro January scheduled for 21-26 January, has been postponed to 17th – 21st March 2022. According to IEG’s press release, the trade associations involved expect a drop in visitor attendance due to the worsening pandemic situation. IEG has decided to postpone the show to March 2022 after seeking consultation and agreement from different
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Unlike his peers who do daily chores at their parents’ shops, Jason Rogers, a 14-year old jeweller in Chicago, is the owner of a jewellery store, and also the youngest jeweller in Chicago and probably in the United States. His story was covered by Fox 32 in Chicago. Jason Rogers a.k.a. Fatz Tha Jeweler developed his business on Instagram as early as 12 and opened a jewellery store on Chicago’
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Between 170 and 200 people were killed in a massacre in Solhan, northern part of Burkina Faso in June. The region has long been vulnerable to extreme climate issues and violence. What makes it even worse is that a number of jihadist groups frequently appear in the region. More and more gold miners become unemployed in Burkina Faso when jihadists try to take over control of the small-scale gold
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The First International Gemstone and Diamond Trade Summit co-organised by Shanghai Diamond Exchange (SDE) and Macau·China Diamond and Gem Exchange (MDGE) successfully concluded on 10th December 2021 at the Venetian Convention & Expo Center in Macao. With the theme “Gemstone & Diamond Trade Development, Trend of the Regional Industrial Chain in Past Pandemic Era”, the Summit invited
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The Knot, a digital wedding resource offering all-in-one wedding planning services in the U.S., has released its 2021 Jewelry & Engagement Study. Among the respondents, 5,017 couples who age 18-54 and got engaged between January 1 and November 7, 2021, 34% say it is not important if the stone is natural or not, despite the fact that diamonds remain the first choice for an engagement ring. Gen
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The Pantone Color Institute created a new colour for the first time since the Color of the Year program started in 1999. This new color mixing the qualities of the blues and a violet-red undertone showcases confidence and curiosity, to let us embrace the new possibilities ahead. “As we move into a world of unprecedented change, the selection of Pantone 17-3938 Very Peri brings a novel perspect
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In its Jewels and Jadeite auction taking place at the JW Marriott Hotel in Hong Kong on 27 November at 11am HKT, Phillips unveiled 96 vintage and modern pieces of exceptionally curated jewels, including flawless diamond ring, coloured gemstones, signed vintage jewellery and jadeites. Meanwhile, Phillips offered an e-auction of “Treasures from Zambia: An Exceptional Emerald Collection” between
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Valued at around HK$16 million, the pure gold castle was unveiled during an opening ceremony attended Kent Wong, managing director of Chow Tai Fook Jewellery Group and Tim Sypko, Senior Vice President, Operations, Hong Kong Disneyland Resort on 3rd December 2021. To celebrate the 1st anniversary of “Enchanted Treasures” at Hong Kong Disneyland,CHOW TAI FOOK presented the world’s pure
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The latest data released by Mastercard SpendingPulse recorded a 78% increase over the Thanksgiving weekend holiday between 26 November and 28 November, compared with the same period last year, higher than SpendingPulse’s September prediction of a 50% increase in jewellery sales in the Thanksgiving holiday. A survey by the National Retail Federation and Prosper Insights & Analytics indic
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Gem Auctions DMCC sold 120,000 carats for over USD $57 million in its first rough diamond auction held from 17-22 November 2021 at the Dubai Diamond Exchange. It’s considered the largest rough diamond auction debut by a new company in the history of the trade. Founder of Gem Auctions DMCC, Alan Davies was delighted with the results. He attributed the success to favourable market conditions, as
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Cartier kicked off the holiday season with a dazzling 13-metre-high Christmas tree at K11 MUSEA Promenade on 26 November 2021, ringing in the festive spirit of hope, love and sharing. Musical interludes by up-and-coming local singers, a capella groups and bands will be offered to public at 3pm on weekends in December. Also, don’t miss out the photo opportunities with Cartier’s iconic bellboys.
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L’Ecole, the school of jewellery art supported by Van Cleef & Arpels, has organised the fourth exhibition in Hong Kong, reviving the exquisite craftsmanship and trendsetting designs from a forgotten Parisian jeweller Lacloche (1892-1967), as part of the celebration events for the 10th anniversary of L’Ecole in 2022. Held at L’Ecole Hong Kong at K11 Musea, the exhibition curates 40 piece
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19-11-2021 Christie’s Hong Kong will stage its autumn sales from 25 November to 3 December 2021. The jewellery auction, Hong Kong Magnificent Jewels, is scheduled live for 28 November. Leading the sale is a pair of platinum and gold earrings by Davis Morris (photo 1) set with a 3.06-carat and a 2.61-carat fancy vivid blue pear-shaped diamonds with fancy-shaped white diamonds, estimate HK$48 m
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18-11-2021 The 29th JMA Hong Kong International Jewelry Show (JMA Hong Kong 2021) is scheduled for 25-28 November at the Hong Kong Convention and Exhibition Centre in Wanchai. The largest B2C jewellery fair in the city, JMA Hong Kong provides consumers with a one-stop venue to source jewellery and gifts for the upcoming festive seasons. The four-day exhibition will present a wide spectrum of fin
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17-11-2021 Hong Kong-based contemporary jewellery hub Ame Gallery has launched a ‘10x10’ silent auction to celebrate its 10th anniversary this year. The auction comprises 10 pairs of earrings set in 18-karat gold or silver with precious or semi-precious gemstones from different designers at a retail price range of HK$5,500 - $15,800. All the amounts above the starting bids will be donated to
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16-11-2021 The next Baselworld, due to be held 30 March – 4 April 2022, will not take place as scheduled, said a recent statement from organiser MCH Group. This marks the third cancellation of the show in a row. According to the official announcement, show organisers need more time for the launch of the new concept. The decision was made from the experience gained from the pop-up event at the
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15-11-2021 The Hong Kong Design Institute (HKDI) has organised an exhibition tour in town featuring innovative works from its jewellery design graduates. It is coming to the end of the first stop of the show; the next one will be starting in December. Titled ‘Beyond Journeys’, the exhibition is currently held at Loupe of PMQ in Central till today, and then it will transfer to Eslite Spectrum
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12-11-2021 An over 7,500 carats uncut emerald from Zambia (as shown in photos) will be sold at the next Gemfields emerald auction. Part of the proceeds will support a local conservation programme in the African country. Named ‘Chipembele’ (‘rhino’) in the local indigenous dialect of Bemba, the 7,525-carat stone was discovered at Gemfields’ Kagem emerald mine in Zambia on 13 July 2021 b
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11-11-2021 De Beers’ latest research on diamonds says consumers consider sustainability as important as price and design when it comes to diamond purchases. Titled Sustainability: shaping the future of the diamond sector, the eighth annual Diamond Insight Report published by De Beers on Tuesday looks into the sustainability issue in the diamond sector, and how it influences consumer decisions
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10-11-2021 Christie’s November magnificent jewels auction in Geneva fetched a total of CHF53,661,500 (US$59,027,650) yesterday, with 11 lots sold for over a million Swiss Franc. Seen a global participation from 32 countries and regions, the sale was led by the historic diamond bracelet pair ‘The Marie Antoinette Diamonds’ pre-owned by the last queen of France Marie-Antoinette (photo 1). Th
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09-11-2021 The Gemmological Commission under the World Jewellery Confederation (Cibjo) held a session last Wednesday during the virtual ‘2021 Cibjo Congress’. A new working group was established “to create a single, clearly defined and universally accepted set of standards, practices and nomenclature of Fei Cui”. According to Cibjo, fei cui ranks second only to diamonds by value. It rela
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08-11-2021 Only Watch 2021 achieved CHF30 million (US$32.1 million) last Saturday in Geneva, with five timepieces exceeded one million. The sale was conducted by Christie’s. In its 9th edition this year, the charity auction gathered 53 one-off horological creations donated by 54 prestigious watchmakers to benefit research against Duchenne Muscular Dystrophy. A total of 850 people from 25 count
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05-11-2021 The Grand Prix d’Horlogerie de Genève (GPHG) unveiled its 2021 prize list yesterday. Chopard’s Fairmined gold watch has taken the jewellery watch prize. The ‘Flower Power’ wristwatch from the Red Carpet Collection (photo 1) is set in ethical Fairmined-certified 18-karat white gold with pink sapphires, pear-shaped and brilliant-cut diamonds. On the pink mother-of-pearl dial t
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05-11-2021 The World Jewellery Federation (Cibjo) has just launched a new website dedicated to an updated retailer’s reference guide aiming to educate, inform and inspired jewellery consumers. The ‘Cibjo Retailer’s Reference Guide’ (second edition) website provides frontline staff in jewellery stores with a simple but comprehensive understanding of the fundamental elements of jewellery.
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04-11-2021 Australian pearler Paspaley has introduced the Dive collection paying tribute to the pearl divers who have explored the Kimberley coastline in search of the Pinctada maxima oysters and the pearls they create. Dive jewellery features a modern take on ropes, coins, sharks and chains, reminding the wearers of the captivating story on treasure hunting beneath the sea. The collection cons
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04-11-2021 Hong Kong’s total retail sales value in September 2021 registered a 7.3-percent increase year-on-year. The category including jewellery saw a double-digit growth in the same period. The Census and Statistics Department (C&SD) has attributed the boost to the e-voucher scheme. The value of total retail sales in September was provisionally estimated at HK$28 billion, marking a 7.3-
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03-11-2021 The 2021 Argyle Pink DiamondsTM Tender, comprising 70 rare pink and red diamonds in a total of 81.63 carats from Rio Tinto’s Argyle mine in Australia, has achieved a record-breaking result in the company’s 38 years of history. The 2021 collection, titled ‘The Journey BeyondTM’, was mined in 2020 right before the Argle mine ceased operation. A double-digit price growth was reco
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02-11-2021 Christie’s Hong Kong will offer two live auctions of timepieces on 27 November 2021 with a total low estimate of HK$188 million. Coming first in the afternoon is ‘An Exceptional Season of Watches Including The Champion Collection (Part 1)’ which features 201 lots. The complete Champion Collection comprises around 500 modern and contemporary timepieces. Among the 17 lots for the
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02-11-2021 Leading diamond company De Beers has launched a new campaign to celebrate commitments. The purpose-led brand strategy heralds a new chapter in the company’s development. The new campaign extends the commitment of the powerful statement “I do” from love to friendship, family, society, nature and the whole world. It features diamond jewellery from its two jewellery brands, De Beer
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01-11-2021 Rio Tinto has recently sold its final batch of blue diamonds from its Argyle mine to Hong Kong-based Kunming Diamonds in a record-breaking global tender. The ‘Once in a Blue Moon Tender’ collection consisted of 41 lots (24.88 carats in total) of “beyond rare” Argyle blue and violet diamonds. Harsh Maheshwari, executive director of Kunming Diamonds said on a Business Wire news:
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01-11-2021 Gold jewellery demand in Q3 2021 saw strong recovery year-on-year driven by economic upswing, with China, India and the Middle East being the powerhouses. Nevertheless, it remains below average pre-Covid levels, said World Gold Council (WGC) on a recent report. The Q3 global demand for gold jewellery registered a 33-percent growth at 433 tonnes when compared to the same quarter in 202
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29-10-2021 The 11th executive committee of the Diamond Federation of Hong Kong (DFHK), China, has recently been formed. Lawrence Ma was re-elected as chairman. Key officers are the same as the last term. Founding president & chairman: Lawrence Ma of Lee Heng Diamond Co Ltd Vice-chairman (retail): Victor Yiu of Brilliant Trading Company (1974) ltd Vice-chairman (import & wholesaling
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28-10-2021 Organised by Informa Markets Jewellery, the 2021 Jewellery World Awards (JWA) unveiled the list of honourees on Tuesday. Formerly known as JNA Awards, JWA has come to its 10th edition this year, aiming to recognise innovation and the best business practice in the global gem and jewellery trade. Judges include James Courage, former chief executive of Platinum Guild International (PGI)
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27-10-2021 The Tiancheng International jewellery and fei cui autumn sale is scheduled for 26 November 2021 in Hong Kong. As always, top-quality fei cui is believed to steal the limelight, with important gemstones from prestigious origins gracing the auction. Tiancheng International’s managing director and head of jewellery department Connie Huang said: “This season, we are thrilled to offer
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26-10-2021 Hong Kong-based retail giant Chow Tai Fook has launched a lab-grown diamond jewellery brand on a Chinese B2C site, according to a report from a Chinese online media early this month. Bao Chuang Jia, a media platform under local jewellery entrepreneurial community ‘Bao Chuang Hui’ in China, said in a report dated 9 October 2021 on its WeChat official account that a new brand Cama w
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25-10-2021 Luxury shoppers, particular the younger generations, are willing to spend on luxury items, especially precious jewellery, according to a recent survey conducted by the Platinum Guild International (PGI). The survey has interviewed 2,000 consumers aged between 18 and 65 who have bought and expect to buy precious jewellery in PGI’s four major markets namely China, India, Japan and the
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21-10-2021 Alrosa said the diamond market has “fully recovered from the pandemic” as the price of rough and polished diamonds buoyed by the drop in diamond production and expanding end-customer demand. Revenue from jewellery expects to witness a 23% yoy growth, exceeding US$90 billion in 2021. Demand from the largest jewellery markets, the United States and China has soared 50 per
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20-10-2021 De Beers subsidiary Lightbox will begin selling loose lab-grown diamonds with marketing-leading price of US$800 per carat or US$1,500 per carat for bigger and higher quality. All available-for-sale loose diamonds come with size in 1 carat (US$800), 1.5 carat (US$1,200), 1.75 carat (US$1,400), and 2 carats (US$1,600). The range of standard quality is within colour G to J whi
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19-10-2021 The inaugural group of designers of the Emerging Designers Diamond Initiative (EDDI), created under the partnership between the Natural Diamond Council (NDC) and the United States jewellery designer Lorraine Schwartz, debuts their first diamond jewellery collections. The one-year program aspires to remove barriers to entry and provide opportunities to as many Black, Indigenous
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18-10-2021 Researchers at Finland’s Aalto University suggests a gold extraction alternative to avoid toxic chemicals. The new chloride-based method calls electrodeposition-redox replacement (EDRR). Chloride is one of two elements in table salt, separate the gold from the ore into the leachate. Combined with electrolysis, which uses electric currents to reduce gold or other metals prese
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15-10-2021 Market intelligence company Transparency Market Research (TMR) forecast the global synthetic diamond market will expand seven percent to US$34.3 billion by 2027. The research attributes the surging demand for synthetic diamond to having identical properties of natural diamond. Apart from demand for end-use industries such as jewellery. The increasing product use in the compute
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15-10-2021 Sotheby’s Hong Kong 2021 magnificent jewels autumn sales (part I) achieved a total of HK$389,273,200 (US$50,048,855) on Tuesday. Fine coloured diamonds continued to be extremely strong, while rare fei cui jewellery was among the most valuable lots sold. Sold for HK$35 million as the top lot, a platinum and pink gold ring (photo 1) set with an exceptional emerald-cut 3.01-carat VS1 f
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12-10-2021 The Queen of Gems International Jewellery Design Awards hosted by the Queensland Boulder Opal Association and Winton Opal Festival unveils the nine winners across three award categories. The decade-old competition vows to promote modern opal jewellery and opal jewellery designers. This year, the four categories include professional jewellers, emerging jewellers, open category
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12-10-2021 Sebastian Schmidt, Germany, has received the Dr Eduard Gübelin Research Scholarship 2021 for his research on oxygen isotopes in gem corundum. The winning project “New oxygen isotope reference materials for gem corundum with an application to detrital sapphire from the Eifel, Germany” examines the development of reference materials for measuring oxygen isotopes in gem corundum. �
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11-10-2021 The Blue Royale, only known Patek Philippe timepiece set with 11 round sapphire-hour-markers is about to go under the hammer as star lot in the two-day Hong Kong Watch Auction: XIII sale of Phillips late November. The model (reference 3448) was first introduced in 1962 as the world's first self-winding perpetual calendar wristwatch with an estimated 568 pieces were produced. E
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8-10-2021 Audemars Piguet raising the bar for its sought-after Royal Oak Concept Flying Tourbillion watches with diamonds, gemstones, crocodile leather and mosiac strap. Among the series of the six open-view pieces, five of the them crafted in 18 karat white gold and one in 18 karat pink gold. four are hand-set with gemstones range from brilliant to baguette-cut and in an array of colour
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7-10-2021 Mining giant De Beers is examining Greenland’s potential to be a source of marine diamonds. "De Beers Marine (DBM) would like to determine whether the offshore environment is conducive to the formation of secondary diamond deposits," an Environmental Mitigation Assessment prepared by De Beers for Geological Survey of Denmark and Greenland (GEUS) stated. The eight-day surveyof
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6-10-2021 Bonhams Los Angeles will put more than 300 pieces of jewellery from 30 important artists like Picasso under hummer under the category Wearable Art: Jewels from The Crawford Collection on 12 October. The auction gathers pieces by fine artists (Picasso, Max Ernst, Jean Arp), American modernist jewellery designers (Art Smith, Betty Cooke, Sam Kramer), Scandinavian crafters (Georg
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5-10-2021 Gübelin Gem Lab introduces a new rating system for the big three coloured gemstones: Gübelin Gemstone Rating. The newly launched system fills the gap of its traditional gemological report, which only states the examined stone’s identity, authenticity, geographic origin and presence of any treatments. It indicates the quality of the stone with Gübelin Points and labels as
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05-10-2021 Watches and Wonders Geneva, after being solely digital for the last two years, will stage its 2022 edition live-and-online with new participants. Scheduled for 30 March – 5 April 2022, the hybrid show will be held live at Palexpo and online via watchandwonders.com. Besides the regulars including Cartier, Hermès, IWC Schaffhausen, Jaeger LeCoultre, Piaget, Ulysse Nardin and Vacheron
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05-10-2021 Paris-based diamond jewellery house Messika debuted its high jewellery fashion show last Sunday at Ritz Paris, honouring the collaboration between the brand and Kate Moss on the high jewellery line Messika by Kate Moss. Star models including Taylor Hill, Cindy Bruna, Isabeli Fontana, Constance Jablonski and Edita Vilkevičiūtė walked the catwalk with magnificent pieces from the ‘C
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4-10-2021 Jewelers of America (JA) reward Stephen Lussier, De Beers’ chairman, prestigious 2022 GEM Award for Lifetime Achievement for “his dedication to the diamond and jewellery industry over the course of his tenure.” Lussier has been with De Beers since 1985. He is the chairman of De Beers and De Beers Forevermark as well as the EVP of De Beers’ brands & consumer markets.
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30-9-2021 The 9th edition of Delhi Jewellery & Gem Fair (DJGF) is set to hold physically in Pragati Maidan from 2-4 October. The three-day expo will see more than 200 exhibitors from Indian cities such as New Delhi, Jaipur and Mumbai. Yogesh Mudras, managing director of the trade show’s organiser Informa Markets in India “With an array of authentic and unique jewellery and commen
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30-09-2021 The Hong Kong Jewellery Alliance (HKJA) has launched a Covid-19 vaccination lucky draw earlier this year in collaboration with industry fraternities in the city. The prize presentation ceremony was held on Tuesday at the Hong Kong Convention & Exhibition Centre with presence of government officials and trade representatives. At his opening speech, HKJA chairman Banky Lau said that
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29-9-2021 Opsydia, a spin-out company of the University of Oxford, is able to create laser mark on the sub-surface of a melee diamond. A diamond in 0.5mm can now have an alphanumeric sequence, coded shape or logo placed at depths of 0.18mm or more beneath the surface of a diamond to create a physical link to a supply chain record or branded jewellery origin. Opsydia CEO, Andrew R
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28-9-2021 Jewellery designer Simone Faurschou debuts a bracelet-liked gold puzzle detachable into12 individual NFT pieces, bear the witness to the coexistence of digital piece and physical jewellery. The gold puzzle consists of 12 assemble blocks, which could be wear as a necklace. Each is crafted from either 18K white or yellow fair-mined gold and set with man-made diamonds. Two of the
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28-09-2021 To celebrate his 40th year in business and 40th visit to the African continent, Roger Dery of Michigan-based Roger Dery Gem Design has launched a charity raffle to help the coloured gemstone mining communities in East Africa. Jewellery designer and artist Reena Ahluwalia donates her new painting as raffle prizes. All proceeds will be donated to Gem Legacy’s ‘Miner Tool Kits’ ini
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27-9-2021 Platinum Guild International (PGI) USA announced its three recipients of its inaugural “Platinum Business Development Grant” initiative. The business grant receivers: Helzberg Diamonds, Kwiat, and Mémoire. PGI USA president Jenny Luker commented: “Ultimately, funds were allocated to three partners whom we felt would catapult their platinum business to the next level, whether
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24-9-2021 Responsible Jewellery Council (RJC) expects to introduce its first-ever guideline for lab-grown diamonds and gemstones by June 2022. At the moment, the standard lab-grown stones as laboratory-grown material (LGM). According to the council, the standard will include “social, environmental, and business integrity requirements” and require full disclosure of any lab-grown mate
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24-09-2021 The online jewellery sales by Christie’s New York ended yesterday with a total of around US$3.2 million. Ninety-one percent of the lots were sold. The auction has attracted bidders from 32 countries and regions; 20 percent of which were first-time registrants. The top lot, a Harry Winston platinum ring set with an emerald-cut 5.03-carat D VS1 diamond accented with two tapered baguet
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23-9-2021 Antwerp’s independent technology solution provider iTraceiT is about to launch a user-friendly and flexible diamond traceability QR code for end customers. Each client has its own database, and all data linked to a QR code is encrypted. A personal access code protects the back office, allowing only authorized personnel to access. iTraceiT is now working with pioneering partne
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23-09-2021 The 9th Only Watch started its world tour of one-off watches from over 50 participating brands yesterday in Monaco. The tour will end in Geneva where an auction in collaboration with Christie’s is scheduled for 6 November 2021. Themed as “Create Beauty to Do Good”, the charitable initiative aims to support research into Duchenne muscular dystrophy braced by internationally renow
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21-9-2021 Sotheby's Hong Kong will extend the cryptocurrency option to bidders at the upcoming Diamonds: The Dazzling∞sale scheduled for 24 September. The leading lot is a 177.51-carat Harry Winston diamond necklace (photo), with an estimate of US$4.6 to US$5.9 million, or 128 bitcoins. It features a total of 177.51 carats of diamonds, including nine D-colour pear-shaped. The sale also
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16-9-2021 To mark the milestone for the release of Sapphire and the completion of a trilogy of books, Gemfields has collaborated with Jewel of Africa to roll out a pendant. The pendant is crafted in 18-karat yellow gold. Its African continent shaped outline mounted a 0.20-carat Zambian emerald, a 0.12-carat Mozambican ruby and a 0.12-carat sapphire. Limited at 100 pieces, it will be avai
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15-9-2021 Mastercard SpendingPulse estimates in-store and online sales in the United States will climb 7.4 percent and 7.6 percent respectively during the “75 Days of Christmas” from 1 Nov to 24 Dec. Over the last half year, the jewellery category has been experiencing some of the strongest yoy and yo2y growth. The category soared 74 percent yoy in August. It is anticipated to contin
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14-09-2021 The Hong Kong Trade Development Council (HKTDC) brought down the curtain on its 40th Hong Kong Watch & Clock Fair and 9th Salon de TE last Sunday where around 28,500 visitors were attracted to shop for the newest timepieces. Opened to the public for the first time, the five-day physical shows have attracted around 4,900 trade buyers and over 23,600 public visitors, according to th
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13-9-2021 The Pearl Source, one of the fastest-growing private companies in the United States, becomes the first e-tailer to provide the Gemological Institute of America’s (GIA) new Cultured Pearl Classification Report to its online shoppers. The e-commerce platform will offer reports primarily on pearl necklaces and pearl set options throughout the website. The report launched in mid-
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10-9-2021 De Beers sold US$515 million of rough diamonds at its global sightholder sales in August, representing the most revenue since February and a 54 percent yoy growth. Bruce Cleaver, CEO of De Beers Group estimated: “Demand for rough diamonds is a result of robust demand for polished diamonds in our key markets of the US and China. The midstream’s optimism for the remainder of
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9-9-2021 Shortly after Tiffany stole the headline with the selection of Beyoncé and his husband Jay-Z as its new faces, the jeweller launches a collaboration with New York-based artist Daniel Arsham, who made a name with eroded sculptures. The collaborative piece belongs to the Knot collection launches this month. It is a bangle crafted in 18-karat white gold and hand-set with diamonds
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8-9-2021 The 2021 edition of the World Jewellery Confederation (CIBJO) annual congress will take place virtually from 1 to 4 and from 15 to 18 in November. The annual meeting comprises sessions by invitation only and some are open to public participation. CIBJO congress serves as an official gathering for introducing amendments on the Blue Books, directories of international industry sta
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7-9-2021 Pre-owned watch e-commerce platform WatchBox has bought a majority stake in the Swiss independent watch manufacturer De Bethune. WatchBox said in a statement, De Bethune has put their hearts into “classic watchmaking skills and craftsmanship with a contemporary technical process”. As part of the agreement, Denis Flageollet (COO and Master Watchmaker) who founded the brand in
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6-9-2021 Dubai Multi Commodities Centre (DMCC) welcomed 1,230 new members in the first half of this year, the best first-half performance since 2013. Currently, DMCC has over 18,000 businesses registered as its members. Executive chairman and CEO of DMCC Ahmed Bin Sulayem pins his hopes on reaching 20,000 members by the end of 2021. “The record-breaking level of business activity, even
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3-9-2021 Ran alongside the inaugural UK Jewellery Festival, the 2021 edition of the UK Jewellery Awards hosted by the Retail Jeweller honoured its winners at The Brewery in London. Over 600 guests participated in the physical event to witness the announcement of 26 companies and individuals across 21 categories from jewellery design to ethical jewellery business of the year. This year, t
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2-9-2021 De Beers announced the launch of the Code of Origin in India as a pilot programme to trace the origins of diamonds, during the annual forum of De Beers Forevermark held in Mumbai from 24-26 August. In the current stage, the programme certifies diamonds up to 0.08 carat and was discovered by De Beers in Botswana, Canada, Namibia or South Africa. The Code of Origin is a customised
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1-9-2021 More people are buying unbranded jewellery with bracelet and earrings have the best sales performance, according to the annual luxury resale report released by the RealReal, which has 23 million global subscribers. Six million new members have joined RealReal since the end of June in 2020. “Savvy shoppers are latching onto luxury investments, with the most significant growt
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31-8-2021 The winners across 14 categories of the 2021 edition of Couture Design Awards and the fifth Cindy Edelstein Award are announced at Wynn Las Vegas. The Cindy Edelstein Award recipient is Larry Pelzel, Neiman Marcus’s vice president, who was acknowledged for his 40-year career at Neiman Marcus. The award honours an individual who is a true leader in the industry who is dedicate
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30-08-2021 A necklace set with a heart-shaped 24.45-carat diamond was sold for US$2 million at Christie’s online jewellery sale during 4-18 August 2021, claiming the top lot of the sale. Graded by the Gemological Institute of America (GIA), the type IIa diamond is D colour, internally flawless, excellent polish and symmetry. The necklace is also set with a 1.37-carat D IF pear-shaped diamond w
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27-8-2021 Diamond Cutters International unveils The Millennia Collection aka the Argyle Trifecta, made up of a pink, red, and violet diamond from Argyle Diamond Mine, the renowned powerhouse of pink diamond closed last year. According to Fred Cuellar, CEO of Diamond Cutters International and the author of the international bestselling book How to Buy a Diamond, the collection unites the
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26-8-2021 Consumers own, gift and receive pearl and pearl jewellery yet still display interest in cultured pearl, according to the first-ever research on pearl consumers in the United States co-conducted by The Cultured Pearl Association of America (CPAA) and MVI Marketing LLC (MVEye). 1,012 American customers who purchased at least US$200 of fine jewellery in the past three years partic
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26-08-2021 The Hong Kong Trade Develoopment Council (HKTDC) announced yesterday at the press conference that a hybrid Hong Kong Watch & Clock Fair will be held next month. Scheduled for 8-12 September live at the Hong Kong Convention and Exhibition Centre and 8-19 September online, the 40th watch show will feature avant-garde timepieces from over 150 exhibitors mainly from Hong Kong. Salon
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25-8-2021 Luxury and JCK Las Vegas shows welcome the jewellery industry back to the Sands Expo and Venetian Resort from 24-26 and 27-30 August, respectively. According to JCK, about 1,200 exhibitors will participant in JCK Las Vegas. GET-Diamonds, the B2B diamond trading site owned by the World Federation of Diamond Bourses (WFDB) will be one of them. President of the WFDB and of GET-Dia
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24-8-2021 Beyoncé and her husband Jay-Z star as a couple first time ever in a campaign together at Tiffany’s latest "About Love". In the three released photos shared onBeyoncé's Instagram account, Beyoncé can be seen wearing the iconic 128.54-carat fancy yellow Tiffany Diamond, which publicly worn by Mary Whitehouse, Audrey Hepburn and Lady Gaga since its discovery in 1877. Jay-Z in a b
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23-8-2021 De Beers’ Lightbox rolls out jewellery featuring lab-grown diamonds up to 2 carats in size and a collection with better stone colour for a higher price, consistent with its promise to only offer lab-grown diamond jewellery at or below US$2,000. G to J colours, VS clarity stone, will follow the original US$800-a-carat pricing model, what does not stay the same is the offered sizes
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20-8-2021 The Hong Kong Jewelry Manufacturers’ Association (HKJMA) held a grand opening ceremony for its multifunctional jewellery area J-Hub today. Brian Lo, director-general of the Trade and Industry Department (TID) was invited as the officiating guest. Three young local jewellery designers Daisy Chan, Sarita Wong and Joys Man shed light on their brand's building and jewellery design exp
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19-8-2021 Jewellery sales in the United States posted an 82.6 percent yoy growth in July, according to the latest Mastercard SpendingPulse survey. Spending in jewellery rose 54 percent compared to the pre-pandemic period of July 2019. Overall retail sales, excluding auto and gas, climbed 10.9 percent yoy. July marked the 11th consecutive month of retail sales including both brick-and-mor
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19-08-2021 Live-stream selling has been gaining momentum in Hong Kong over the last two years, driven by the booming online sales during lockdowns. People from different sectors and individuals have flocked to the online streaming industry for a slice of the pie. In view of the varied quality of the presenters and the programmes due to the lack of industry regulations, the Greater China Wemedia A
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18-8-2021 The International Gemological Institute (IGI) has certified a 14.60-carat lab-grown diamond as the largest polished lab-grown diamond produced via the chemical vapour deposition (CVD) process. Named 'Freedom of India', the F-colour CVD stone was made by India-based Ethereal Green Diamond. “Ethereal has a state-of-the-art facility where we have mastered the process of giving b
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17-8-2021 London-based jeweller Jenny Sweetnam breathes unconventional design into engagement ring through encasing diamond within the inner shank, visible only to the wearer. Retailing at US$4,600, the unseen diamond ring is made of 18 karat fair trade yellow gold and features a 0.035 carats diamond. The silent diamond ring hides a rectangular 0.16 carats stone inside a small removable
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16-8-2021 The International Gemological Institute (IGI) and the Virtual Diamond Boutique (VDB) will host the first-ever lab-grown diamond charity auction benefiting children. Over US$31,000 worth of loose lab-grown diamonds from one to over three carats and lab-grown diamond jewellery, all come together with IGI grading reports will go under the hammer. Bids can be placed through app from 16-
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13-8-2021 Mercury Free Mining (MFM) and the Alliance for Responsible Mining (ARM) receives a US$50,000 grant from the Gemological Institute of America (GIA) to reduce mercury use in artisanal and small-scale gold mining in Ananea, Peru. The grant offers funding to support the export and testing of gold ore samples for the gold ore concentration methods, which have the potential to signif
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12-8-2021 Russia, the second-largest producing country of alexandrite, plans to quadruple the output of the rare gemstones, RT-Capital, a subsidiary of the state-owned company Rostec and the country’s only emerald miner stated. RT-Capital saw an 80 percent plummet in sales and an exports standstill last year. “In the second half of 2020, we saw a resurgence in demand for stones such
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11-8-2021 Casio’s newly launched digital watch celebrates one of the arcades games which has taken the world by storm since 1980: Bandai Namco’s Pac-Man. The Pac-Man edition is based on the watch maker’s classic F-10 digital watch debuted in 1978. Casio said it was the first quartz model in a resin case offering calendar, stopwatch and digital alarm. The retro-inspired one still ha
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10-8-2021 Ecommerce giant eBay will participate in the physical Antique Jewelry and Watch Show, held alongside Couture in Las Vegas, 24-26 August. The company commented: “As our luxury categories continue driving momentum and growth, eBay is thrilled to join the world’s most premier brands and innovative retailers across luxury accessories to further develop our existing relationship
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9-8-2021 Pandora shows expectations on its full-year sales and profit margin forecasts and sees a 16 to 18 percent yoy organic growth, up from a previous estimate of above 12 percent, buoyed by strong momentum in Q2 of 2021. “The updated guidance is based on the assumption that five percent of the stores will be temporarily closed or severely impacted due to COVID-19 during the second
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6-8-2021 Namibia seeks direct export of diamonds and semi-precious to its top six trading partners India. “Currently, our diamond and semi-precious stones are exported through London to India, and we want to change that so that those commodities can be directly exported to India,” Gabriel P Sinimbo, high commissioner of Republic of Namibia said. Namibia can source agriculture implements a
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5-8-2021 British jewellery designer Annoushka Ducas debuts its first high jewellery suite Radiance Collection comprises a necklace, cocktail ring and two pairs of earrings with Fuli Gemstones. The Radiance suite brings about the bold and opulent Art Deco colour palette with August birthstone peridot, Madagascan pink sapphires and malachite. The grass green peridots featured are from Fuli
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4-8-2021 In a total of 650,000 carats offered, Grib Diamonds sees a competitive bidding and high demand for rough diamonds in Antwerp's sale. A purple diamond achieves a price record. The batch was from AGD Diamonds’ Grib mine in Russia and raised US$65 million for Grib. Its head of sales Antony Dear said: “[There was] some weakness starting to creep into the bigger-sized rough, in t
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20210803 The India International Jewellery Show (IIJS) Premiere 2021, the first physical show since the pandemic in India, will be held 15-19 September 2021 in Bengaluru. This is the first time the show being held outside of Mumbai. According to organiser Gem & Jewellery Export Promotion Council (GJEPC), 1,275 applications were received by 23 July 2021 for nearly 2,450 booths. Over 30,000 vi
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2-8-2021 The miner who is active in three gemstone categories (emeralds, rubies and sapphires) Fura Gems will officially debut the Fura Marketing Council (FMC) at the upcoming JCK Las Vegas and the American Gem Trade Association (AGTA) fairs next month. FMC is managed by MVI Marketing. The council seeks to unify and connect industry players from gemstone jewellery retailers, manufacturer
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30-7-2021 The 37th HKTDC Hong Kong International Jewellery Show and 7th HKTDC Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), has concluded successfully on 29 July. The online show will run until 5 August. Welcomed public visitors for the first time, the five-day physical fairs attracted more than 13,700 industry buyers
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27-07-2021 Today marks the third day of the 37th Hong Kong International Jewellery Show and 7th Hong Kong International Diamond, Gem & Pearl Show held by the Hong Kong Trade Development Council (HKTDC) at the Hong Kong Convention and Exhibition Centre (HKCEC) till Thursday. The HKTDC shows are open to public for the first time with nearly 440 exhibitors. Various product zones including the W
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23-7-2021 Gemmological Association of Hong Kong (GAHK) will host a seminar on Internationalisation of fei cui standard at the HKTDC Hong Kong International Jewellery Show from 13:45 to 15:00 on 27 July at Hall 3E LuxeStage in Hong Kong Convention and Exhibition Centre (HKCEC). The seminar kicks off with keynote presentations by four industry heavyweights: World Jewellery Confederation (C
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23-7-2021 Gübelin and Everledger’s coloured gemstones blockchain tracing system Provenance Proof Blockchain redesigns its interface and reveals its milestone. According to the press release, the platform is now in an “easy-view modular layout” that allows rapid access to a stone’s supply chain history from mine to shop or end-customers. Owners can print the data saved on th
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22-7-2021 The Gemological Institute of America (GIA) reports a 3.53-carat lead glass-filled lab grown ruby in the Spring 2021 edition of Gems and Gemology. The glass-filling technique is often applied to enhance natural ruby for clarity enhancement. This lab grown stone is discovered at its Carlsbad gem lab. “Examination of the stone under magnification showed a network of interconn
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21-7-2021 The Gem & Jewellery Export Promotion Council (GJEPC) introduces the new GJEPC logo and presented awards to the winners of The Artisan Awards at the Hotel Four Seasons in Mumbai on 20 July. The logo’s concentric circle serves as the sparkling table of a polished diamond and the khaki yellow outer circle represents the brilliance. The logo symbolises India’s centrality to
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20-7-2021 Richemont, the world's second-biggest luxury firm, represents a 129 percent soar in jewellery sales in its first quarter ended on 30 June, exceeded its pre-pandemic level. Boosted by its biggest product category, jewellery, generated double-digit growth of 43 percent. Watch is the second-best performer. "Jewellery will be one of the main growth drivers of the luxury goods sector
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19-7-2021 Antwerp-headquartered diamond manufacturer HB Antwerp will offer educational courses via its HB Academy. Starting this September, the academy will host a technical curriculum focus on diamond polishing three times a year. Up to eight candidates who pass through a “rigorous selection process” will go through the 12-week training. Those who completed will land a job at HB Ant
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16-7-2021 The rare purplish-pink diamond Fitzpatrick Pink from the renowned Argyle diamond mine is sold for a record-breaking US$2.2 million. The two-carat Fitzpatrick Pink is one of the 37 pink diamonds offered at the public tender by Yourdiamonds.com was acquired by an anonymous Australian buyer. John Chapman of the DELTA Diamond Laboratory hails it as one of the best round-cut fancy-c
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15-7-2021 De Beers has increased prices for its rough diamond at its July sight, for the fifth time within eight months. Rough weighing around one carat rose five percent and smaller stones have a 3 percent price rise. “The company is now cashing in on resurgent demand from its customers, the mostly family-owned businesses that trade, cut and polish the stones. Buyers have been repleni
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14-7-2021 Polished diamond imports to China reach US$1.576 billion in the first half of 2021, representing a 68.4 percent soar yoy over 2019 and exceeded the annual import of 2020, reported Shanghai Diamond Exchange (SDE). Due to COVID-19 pandemic, China’s diamond imports plummeted around 50 percent in 2019 and 2020. The retail market recovered in the fourth quarter of 2020 and the har
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13-07-2021 Alrosa’s rough and polished diamond sales in June 2021 fetched a total of US$410 million. Deputy CEO Evgeny Agureev says rough demand remains high driven by strong jewellery demand and low rough stocks. According to the Russian miner, proceeds from rough and polished diamond sales in June were US$374 million and US$36 million respectively, making up a total of US$410 million. Over t
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12-7-2021 Richemont’s e-tailers Net-a-Porter and Mr Porter venture into the pre-owned market first time ever in the collaboration with Watchfinder & Co. The partnership offers 108 models and 15 new brands including Bulgari, Christian Dior, Breguet, Omega, Hublot, Patek Philippe, Rolex and Tudor, etc exclusively in the United States. The watches will be authenticated by Watchfinder�
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9-7-2021 Signet Jewelers, the world's largest retailer of diamond jewellery, moved from a ranking of 98 to 78, on the 2021 edition of the National Retail Federation’s (NRF) Top 100 Retailers list. Below are Signet’s previous years’ rankings. 2017: 75th 2018: 85th 2019: N/A 2020: 98th It is the one and only jewellery specialist which ranks one of the largest companies by
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09-07-2021 Organiser of the 37th HKTDC Hong Kong International Jewellery Show and the 7th HKTDC Hong Kong International Diamond, Gem & Pearl Show, the Hong Kong Trade Development Council (HKTDC) held a press conference yesterday to update journalists on the features of the twin shows, and announce the winners of the 22nd Hong Kong Jewellery Design Competition. Themed ‘Light + Shadow’, th
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8-7-2021 The second edition of Jewels of Emirates themed ‘Glamour of Beauty’ ran from 30 June to 3 July saw a rise of 30 percent in visitor volume. Over 100 local companies exhibited in the first Emirati show for diamond, gold and silver jewellery, pearl and gemstones and luxury watches. Saif Mohammed Al Midfa, its host Expo Centre Sharjah CEO said: “Jewels of Emirates Show has eff
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7-7-2021 Alrosa introduces diamond-tracing technology of non-invasive laser mark which replicates the process that occurs in diamonds for millions of years and cannot be demolished or polished off, applicable to rough and polished natural diamonds. The nano mark is stamped inside the crystal lattice and only visible with a special scanner. Connected to Alrosa’s digital database ALROSA
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6-7-2021 The 2021 edition of Jewelry Shanghai was successfully concluded last week rounding off the four-day exhibition which brought together 50,000 visitors and more than 800 exhibitors, including 52 independent jewellery designer brands of the Gems and Jewelry Trade Association of China (GAC), 80 pearl exhibitors, 21 fei cui retailers as well as 10 coloured gemstone companies nested at th
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06-07-2021 The highly-anticipated jewellery twin shows from Hong Kong are scheduled for July 2021, LIVE. The shows are open to the public for the first time. Organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong International Diamond, Gem & Pearl Show and the Hong Kong International Jewellery Show will make a valiant comeback at the Hong Kong Convention & Exhibition
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5-7-2021 Cuban-Spanish actress Ana de Armas will star as the global ambassador of Natural Diamond Council (NDC) for the second year in a row at the “Love Life” campaign set to debut this September. The upcoming campaign will debut its diamond jewellery collection comprises 11 diamond jewellery pieces inspired by NDC’s previously identified Fall 2021 trends including heavy metal cha
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2-7-2021 The 21.86-carat natural pink diamond Pink Palesa will be sold in Antwerp by Bonas Group this month. The diamond is uncovered in mid-May at the Kao mine in Lesotho which owned by Namakwa. The preview will hold in Antwerp from 12-23 July and the sale by the Bonas Group will close the online bidding on 23 July. Namakwa Diamonds operates the mine through its subsidiary Storm Mo
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30-06-2021 Forevermark, De Beers’ diamond jewellery brand, is renamed De Beers Forevermark to build a closer connection with the group, its sustainability commitments and expertise, announced De Beers on Monday. The new name will start rolling out globally from July, “focused on connecting consumers to the significant social, environmental and responsible sourcing benefits the company create
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29-6-2021 Luk Fook and Tse Sui Luen (TSL) profit, Hong Kong-based jewellery chains’ turnover for the year both ended March, are still in red. Luk Fook’s total retail revenue declined 21.1 percent. Retail sales in Hong Kong and Macau noted the worst performance with a 46 percent fall. Wholesale business revenue climbed 14.2 percent. Wong Wai Sheung, chairman and CEO of the group said:
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28-6-2021 Baselworld will rebrand into HourUniverse and take place from 31 March to 4 April next year, after a two-year rest. In a statement, the organiser MCH Group said it would be a B2B platform in the mid-and high-end segment for the global watch, jewellery and gemstone industries. Baselworld managing director Michel Loris-Melikoff said: "We took a lot of time to talk to our partners
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25-6-2021 The Gem & Jewellery Export Promotion Council (GJEPC) will host the India International Gem & Jewellery Show (IGJS) in Dubai from 14-16 August. The physical exhibition will house 150 booths with priority going to GJEPC members. According to GJEPC, it will target buyers from across the Middle East and connect with international clients from key export markets such as the
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24-6-2021 Rolls-Royce reveals a pair of his-and-hers tourbillon watches for the Boat Tail model’s owners to wear or integrated into the automobile’s dashboard. Handcrafted by the nearly 200-year-old Swiss watch firm Bovet, the watch strap can be removed and function as a desk clock or a pocket watch. The duo demanded over 3,000 hours for both development and execution according to Bove
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23-6-2021 Lucara unearths a 1,174.76 carats diamond from its Karowe Diamond Mine in Botswana, the third diamond weighing over 1000 carats since 2015. The exploration also found four other gem-quality roughs weighing 148-carat, 90-carat, 88-carat, 86-carat and 67-carat. Lucara assumed that the 1,174.76-carat was part of a larger diamond with an estimated weight of > 2000 carats. The stone will
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18-6-2021 Co-organised by Gems and Jewelry Trade Association of China (GAC), National Gemstone Testing Centre (NGTC), Shanghai Diamond Exchange (SDE), Shanghai Gold Exchange (SGE), Shanghai Gem and Jade Association (SGJA), Shanghai Gold & Jewelry Trade Association (GJTAS), Shanghai Gem and Jade Trade Association (SGJTA) and Shenzhen Gold & Jewelry Association (SZGJA), Jewelry Shanghai
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21-6-2021 Diacore bought the 204.36-carat fancy intense yellow diamond Dancing Sunat Christie’s New York Magnificent Jewels auction. The diamond was reported to have purchased for US$495million. To date, the yellow stone is the largest polished diamond mined in North America. It was the top lot of the sale. It was mined from the Diavik Diamond Mine in Canada four years ago and cut fro
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18-6-2021 Rapper Post Malone spent US$1.6 million on natural Porcelain Veneer work framed with two diamond teeth fangs totaling 12 carats. His new D colour flawless diamond teeth made from 40 carats diamonds sourced from Belgium and cut in Israel. The procedure was carried out by the Father of Diamond Dentistry Thomas Connelly in collaboration with cosmetic dentist Naoki Hayashi, gem cut
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17-6-2021 Britain's pre-owned watches giant Watchfinder & Co ditches gender classifications from its website and stores and categorises watches as small, medium or large instead. “By removing the men’s and women’s categories from our business we are encouraging customers to explore and discover more watches, helping them find the right watch for them,” said its co-founder Mat
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16-6-2021 Chow Tai Fook (CTF) has joined the World Jewellery Confederation (CIBJO) as a member, the membership is hailed as a ‘giant milestone’ for CIBJO. CIBJO president Gaetano Cavalieri said: “Chow Tai Fook will provide [the] confederation with a considerably broader perspective, not only in what are several of the fastest-growing markets in the global jewellery trade, but also
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15-6-2021 Cambodia announced an official launch of its first commercial gold mining is set to start operations in the Okvau area in southwestern Mondulkiri province's Keo Seima district on 21 June, after 14 years of exploration and research by Australian miner Renaissance Minerals (Cambodia), which will lead the operation. According to the company’s assessment, three tonnes of pure gol
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11-6-2021 The International Gemological Institute (IGI) received the largest lab-grown diamond ever, came with a Gemological Institute of America (GIA) certificate stating it was a natural D colour flawless diamond and a fake GIA laser number. The submission to its Thailand site was a 6.18-carat round brilliant-cut loose stone for verification purposes. The lab-grown diamond had been cut
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11-06-2021 The 66th Bangkok Gems & Jewelry Fair (BGJF) is scheduled for 22-24 June 2021 online. Yesterday show organiser Department of International Trade Promotion (DITP), Ministry of Commerce of Thailand, held a virtual press conference to update international journalists on the preparation of the show. Presided over the conference, DITP deputy director general Nantapong Chiralerspong said
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10-6-2021 Two rings in the hue of red are going up for auction as highlight lots at Bonhams’ coming Hong Kong Jewels and Jadeite sale on 20 June. Lot 601: Spinel and diamond ring by Louis Vuitton The cushion-shaped Tanzanian red spinel weighing 20.03-carat is what makes the ring extraordinary, given that spinel weighing over five carats are considered as rare. It was a header of Louis
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9-6-2021 Chow Tai Fook’s revenue rocketed 24 percent to US$$9.04 billion in fiscal 2020, the highest annual profit since 2014, and out-performed the forecast of HK$5.23 billion profit by Refinitiv StarMine SmartEstimate. The performance was mainly driven by wholesale business, gold jewellery and products, and watches in the retail business. With the borders of Hong Kong and Macau have
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8-6-2021 Hong Kong customs seized 1,302 undeclared diamonds weighing 0.3 carats to two carats that worth US$3.2 million from a truck they stopped for inspection at the Sha Tau Kok control point to Shenzhen last week. The seizure also included 30 grams of melee diamonds, 10 blue sapphires and one fei cui, except for gold bars which worth HK$19 million worth as they had been declared as ca
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7-6-2021 The United States has announced 25 percent tariffs on six countries, later suspended the taxes for up to six months to buy more time for multilateral negotiations on the trade dispute. The proposed import duty rises on Austria, India, Italy, Spain, Turkey and the UK was in response to their digital service taxes on United States e-tailers. 17 out of 40 Indian goods involved were
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4-6-2021 The International Gemological Institute (IGI) New York aims to be the first carbon-neutral gemological laboratory by 2022 and become certified for that. “For six months, IGI New York will be closely engaged with SCS Global Services to learn about our operations and how to effectively become a green location,” IGI North America President Avi Levy said. The cooperation will be
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04-06-2021 Dubbed the only gold-focus trading platform in Southeast Asia, the Penang Signature Gold & Jewellery Fair (PSG) 2021 will be staged at Setia Spice Convention Centre, Penang, Malaysia during 12-14 December 2021. Penang, famed for its exquisite gold jewellery craftsmanship over a century ago, has been evolved as an ideal shopping destination for gold jewellery in the region. That is
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3-6-2021 Taiwanese jeweller Cindy Chao’s Peony Brooch finds itself a tremendous home among the historic jewellery pieces at the William and Judith Bollinger Gallery of the Victoria and Albert Museum in London. The glamour peony has a honeycomb structure made of titanium in purple to keep the weight as light as possible and allows light to shine through the exquisitely embedded 2,458 ru
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2-6-2021 The Craftsmanship and Design Awards hosted by the Goldsmiths’ Craft & Design Council reveals award winners during a live-streamed ceremony, which welcomed over 600 participants. A total of 700 individual entries including 2D design (drawings or renderings) and 3D design (completed piece) were assessed by 117 industry judges. 151 winners were honoured in 32 categories. Awar
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02-06-2021 Tamara Comolli, founder of the namesake jewellery brand, has stepped down from the role as managing director and creative director since 31 May 2021. Retail professionals Tobias Marquardt and Sophia Friedl are now Tamara Comolli Fine Jewellery’s co-CEOs. Comolli had been working with leading private equity firm in Europe Terra Firma since 2018 on the handover. “She prepared everyt
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1-6-2021 Vegan Action has granted the vegan certification logo to Aether Diamonds for their diamonds. Founded in 2018, the environment-driven company claims to use sustainably sourced energy and carbon captured from air pollution to grow diamonds. The growing process takes three to four weeks. Each carat removes the equivalent of 20 tonnes of carbon from the atmosphere, which is estim
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31-5-2021 Jewelers of America (JA) announces John J. Kennedy, Jewelers’ Security Alliance (JSA) president, the receiver of the GEM Award for Lifetime Achievement at its annual GEM Awards taking place virtually on 15 July. Kennedy has been president of the 138-year-old JSA for 29 years. The non-profit trade association works closely with the FBI and police to help its 20,000 members avo
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28-05-2021 The Gemmological Association of Hong Kong (GAHK) has recently launched the ‘Fei Cui Standard Website’ in a bid to make the content of the standard and other information related to fei cui more accessible to industry practitioners and the general public. To mark the significant launching moment, GAHK invited industry leaders worldwide to an online meeting on 20 April 2021. The webs
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28-5-2021 Britain’s foreign secretary Dominic Raab announces sanctions on Myanmar Gems Enterprise (MGE), in a bid to cut the military junta’s key source of funding. MGE is a state-owned company that oversees all gemstone activities, including mining and marketing of fei cui and other gemstones, in the country and is now under the junta’s control following the military coup on 1 Feb
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27-5-2021 Sarine Technologies has signed a strategic collaboration agreement with Constell Group after years of cooperation, to provide technological solutions for the rapidly growing lab-grown diamonds (LGD) market. Sarine is known for its artificial intelligence diamond grading technologies while Constell focuses on sorting and cutting roughs cost-effectively. The two have worked hand
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26-05-2021 Diamond bridal ring retail brand I-Primo, Japan, will be launching the fifth store in Hong Kong on 28 May 2021 at Telford Plaza of Kowloon Bay. Roses and gifts will be given away to mark the loving moment. During 28-30 May, a complimentary pink rose will be given to the ladies who pass by the new boutique. Signing up for free consultations will be entitled to discount vouchers and fre
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26-5-2021 Gembridge is now the exclusive digital sales partner of Bangkok-based gemstone manufacturer Chinastone to boost e-commerce to the global small and medium enterprise (SME) market. Chinastone supplies machine-cut natural gemstones, weighing under 1 carat, in cabochon, square princess, round brilliant and rough single cut, to jewellery and watch manufacturers and brands around the
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25-05-2021 Symbolising a time of renewal, cherry blossoms remind us of the spirited season. Chow Tai Fook Jewellery has recently introduced the Disney Classic collection inspired by sakura, adding a romantic touch to this spring. The new collection comprises pendants, earrings, necklaces, bracelets made of pure gold, 18-karat gold or silver featuring eight Disney characters including ‘Dumbo’
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25-5-2021 Laboratories Liechtenstein (GGTL) receives a necklace with 50 flux-grown synthetic rubies, submitted for treatments and country of origin identification, the largest amounts of synthetics found on a piece. The rubies are in high quality and saturated red and have mainly fingerprints and clouds amongst other small and atypical inclusions visually. Viewed under the microscope, �
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24-5-2021 The first-ever public tender of Argyle pink diamonds will be held by Australian start-up yourdiamonds.com from 21 June to 1 July, the announcement released a few days after Rio Tinto revealed its plans for the final Argyle pink tender. Five pinks from the Argyle Diamond Mine, ranging from 0.40 to 1.01 carats, will be offered. They are expected to etch over US$1million. The
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24-05-2021 Tissot has revisited its 1970s vibe by reissuing the iconic PRX series. To mark the stellar moment, the brand has turned the Harbour City store in Hong Kong into a time machine bringing back customers to the glorious and fun past. Paying tribute to the PRX watches first launched in 1978, the 40 mm PRX 40 205 quartz comes with an integrated bracelet. The barrel-shaped case houses a smo
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21-5-2021 Chow Tai Fook has entered a strategic partnership with Natural Diamond Council (NDC) to promote natural diamond in China, becoming the exclusive strategic retail partner of the council in China. “Chow Tai Fook is a leading enterprise in China’s jewellery industry with massive influence. By joining hands with Chow Tai Fook in the China market, we hope to ignite the ‘Natura
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20-5-2021 Rio Tinto will bring its final collection of rare Argyle pink, red and blue diamonds from its Argyle mine to light at its 2021 Argyle Pink Diamonds Tender dubbed The Journey Beyond and Once in a Blue Moon, the tender selling Argyle blue diamonds. 70 pink diamonds totalling 81.63 carats will be offered at the annual invitation-only event. According to Rio Tinto, this tender has
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18-5-2021 JCK will debut Jewelers Source, a free B2B jewellery e-marketplace powered by BOSS Logics in June, to keep industry players connected all year round. Registered users will be able to browse and shop on Jewelers Source via smartphone, tablet and desktop at any time. Product categories include jewellery, bridal, men’s jewellery, gold, loose stones, equipment, technology and lux
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17-5-2021 Runs until 31 May, 43 unordinary pieces by 15 female designers of the 20th and 21st centuries are up for sale on Phillips’ e-marketplace Flawless, under the theme of Woman to Woman. The three-week event is in collaboration with Vivarium. Vivarium founder Vivienne Becker said the jewellery recalls how women made their way in a traditionally male-dominated industry and showc
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14-5-2021 Alrosa sales of diamonds climbed 12 percent mom to US$401 million in April, including revenue from rough diamond of US$383 million, and proceeds from polished diamond sales of US$18 million. During its digital auction from 1 to 22 of April, 142 lots weighing about 2,040 carats were sold to 27 attendees from around the world, garnered US$8.8 million. In response to client’s re
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13-5-2021 A delegation of 20 Antwerp-based diamond company CEOs visited Angola, under the arrangement by the Antwerp World Diamond Centre (AWDC) and the Angolan Ministry of Minerals and Petroleum (MIREMPET), to encourage close cooperation with Angola’s diamond industry. Over 80 percent of the world's rough diamonds were traded in Antwerp, however, only 10 percent of Angola’s rough ar
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13-05-2021 Incorporating five live and online auctions, Christie’s Geneva Spring Luxury Season has achieved a running total of CHF86,539,955 or US$95,193,950 to date, with the online watch sale ‘Watches: The Geneva Edit’ still open for bidding. One of the three live auctions, the Magnificent Jewels held yesterday achieved a total of CHF 57, 755,750 with a sell-through rate of 91 percent by
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12-5-2021 Italian jewellery brand Roberto Demeglio partners with its eight-year New York-based jewellery business partner Beny Sofer to set up a joint venture for the launch of stretchable tennis bracelet line Ex-tensible in the United States. Made in Italy with a lifelong warranty on the patented technology, the bracelets in rose and white gold stretch-to-fit all sized wrists. Amit So
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11-5-2021 In a joint statement, jewellery industry organisations including the International Diamond Manufacturers Association (IDMA), the Natural Diamond Council (NDC), Responsible Jewellery Council (RJC), the World Diamond Council (WDC) and the World Jewellery Confederation (CIBJO), have responded to Pandora’s recent claim on lab-grown diamonds are environmentally preferable to mined diam
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10-5-2021 The Coloured Gemstones Working Group (CGWG) introduces learning resources platform freely available to gemstone and jewellery industry players who attempt to achieve sustainable development and responsible sourcing and production. Powered by TDI Sustainability, the portal covers over 40 sustainability topics for the coloured gemstone sector such as due diligence, human rights a
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7-5-2021 The Fancy Color Research Foundation (FCRF) reveals the Fancy Color Diamond INDEX results for Q1 2021. Price growth across fancy intense and fancy vivid rose 0.4 percent. FDRF’s overview of the coloured diamond market: “Following a challenging year, the first quarter of 2021 proved that Fancy Color Diamond prices are resilient and on the rise across the board as things in the
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07-05-2021 In a bid to foster sustainable development and the inheritance of exquisite craftsmanship of the local jewellery industry, Loupe has collaborated with the Hong Kong Jade Association (HKJA) to launch a jade exhibition which also serves as part of Loupe’s 3rd anniversary celebration. A live broadcast of the grand opening of the exhibition was held yesterday at PMQ, Central. Titled ‘
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6-5-2021 Japanese digital watch giant Citizen drops six Star Wars-themed watches featuring authentic elements of beloved characters: Rebel Pilot, Trench Run, C-3PO, R2-D2, Darth Vader and Boba Fett. Named “Ana-Digi Star Wars”, the collection reimagines the 80s calculator timepiece vibe with vibrant colour palettes. The launched two are Rebel Pilot and Trench Run watch, retails for US
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5-5-2021 Pandora, the world’s biggest jeweller by volume, debuts its first collection using lab-grown diamond, Pandora Brilliance. Pandora Brilliance contains rings, bangles, necklaces and earrings. All feature a lab-grown diamond ranging from 0.15 to 1 carat. The price will start at US$ 350. They will make their first appearances in the United Kingdom on 6 May, and other 7,000 points
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05-05-2021 Paris-based Marie Mas has just launched a gender-neutral ring collection U & I for wedding and partnership to celebrate love in a more personalised way. “I + U = We” is the concept behind the new collection. For a couple, each partner wears one element, either “I” or “U”, to become “We”. The “I” ring is a simple band with different texture options including po
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4-5-2021 Tiffany taps the market segment: engagement rings for men with its new line Charles Tiffany Setting, named after Charles Lewis Tiffany, the jewellery giant’s founder. The collection carries four platinum and two titanium rings. Each bezel-set a solitaire diamond goes from one to five carats in round brilliant square emerald cut, and emerald cut. They are now t available for p
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04-05-2021 Tiancheng International’s jewellery and jadeite spring auction 2021 is scheduled for 1 June in Hong Kong. A diamond necklace featuring a total of nearly 68 carats of Burmese rubies is set to hog the limelight. The 18-karat white gold necklace (photo 1) set with 58.13-carat diamonds and 67.83 carats of 60 oval, cushion- and pear-shaped natural unheated Burmese rubies among which 38 p
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3-5-2021 Nearly half of the jewellery consumers have either purchased or received lab-grown diamonds (LGDs) jewellery, shared by MVI Marketing LLC’s (The MVEye) at its Western European Lab-Grown Diamond Consumer Market Research Report dubbed New Tech Meets Old World. Among 1530 respondents from five countries, namely France, Italy, Germany, Spain and Britain, 77 percent noted they are
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30-04-2021 Hong Kong’s total export of fine jewellery in the first quarter of 2021 saw a remarkable surge of 37.8 percent to nearly HK$16 billion year-on-year, according to the figures from the Census and Statistics Departments, HKSAR. China and the United States, the most significant single markets for Hong Kong, contributed to over 40 percent of the total export value registered in the quarte
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30-04-2021 The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) held a sharing session for the public on fei cui appreciation at a consumer fair in Hong Kong yesterday. Hosted by Kitty Chan, head of HKJJA’s laboratory and technology committee and sales manager of Sheentiff Jewellery Ltd, the well-attended session titled ‘Essentials of Fei Cui Appreciation’ came as a highlig
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29-04-2021 A brand new consumer fair organised by the Hong Kong Trade Development Council (HKTDC), the Lifestyle ShoppingFest commenced yesterday at the Hong Kong Convention and Exhibition Centre till this Sunday. The show, with a tough preparation schedule started early 2021, has recruited over 400 exhibitors offering a wide array of consumer goods including jewellery, fei cui, pearls, watches,
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28-4-2021 Retail sales of gold, silver and jewellery in China recording a 93.4 percent rise, reached US$12.36 billion from January to March, according to data released by the National Bureau of Statistics of China. Sales began to recover in July. jewellery was among the best-performing consumer goods segment, followed by catering services and automobile sales. China earlier said effectiv
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28-04-2021 Japanese watchmaker Grand Seiko has recently co-launched two timepieces with Oriental Watch Company from Hong Kong to commemorate each other’s 60th anniversary. The new Grand Seiko Heritage features a dual-curved sapphire crystal glass covering a jade-green dial housing the brand’s mechanical calibre 9S85. Colour green is deliberately chosen because “60” reads like “gree
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27-4-2021 The World Jewellery Confederation (CIBJO) launches Responsible Sourcing Toolkit, a framework and guidance for the gemstone and precious metal community to conduct responsible sourcing, at www.cibjo.org/rs-toolkit. 9 modules comprised are as follows: Module 1 Establish and Implement a Responsible Supply Chain Policy Module 2 Supply Chain Due Dil
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27-04-2021 The 93rd Academy Awards went live at the Dolby Theater in Los Angeles, California yesterday. A-listers and celebrities were bound to make a big presence with their blingiest jewellery and finest outfits at Hollywood’s glamourous night of a year. With no surprise, many stars turned to dangling statement earrings for the big moment. Olivia Colman gave her Dior dress an extra sparkle w
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26-4-2021 GemCloud now offers mine-to-market traceable rubies from Greenland Ruby’s mine in Aappaluttoq on its B2B e-marketplace Gemolith. Totalling 154 rubies available, the smallest one weighs 0.11 carat and the largest one is a 3.35-carat brilliant cut ruby. They are all mined in Aappaluttoq and heat-treated. Each has different shades of red from pinkish to crimson. Greenland Ruby s
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23-4-2021 The Italian Exhibition Group (IEG) postpones OROAREZZO from this June to 2022, while Vicenzaoro will take place from 10-14 September this year, alongside IEG’s other shows T.Gold and VOVintage. OROAREZZO was slated for12-15 June at the Expo Centre in Arezzo. IEG explained the rescheduling in a statement: “In view of the current situation, it is impossible to imagine that bi
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22-4-2021 After imposed sanctions on three Burmese state-owned gemstone enterprise, the United States continues to block Burmese military sources of funding by barring Myanmar Pearl Enterprise (MPE), a state-owned pearl producer, from doing business with American companies and froze its assets in the United States. MPE “is responsible for oyster fishing and collecting, artificial br
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22-04-2021 The two exceptionally rare bangles auctioned at Sotheby’s Hong Kong Magnificent Jewels sale on Tuesday achieved a total of HK$77.3 million or US$9.9 million, nearly one fifth of the auction total of HK$419 million. The Cartier 'L’Odyssée de Cartier – Parcours d’un Style' bangle (photo 1) set with a pear-shaped 63.66-carat D colour IF diamond and rock crystal featuring the bra
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21-4-2021 Radius Technologies’ patented ring sizing application PerfectFit is now able to handle international conversion specifications and available on Apple App Clip for customers to measure their finger size directly from an e-tailers mobile site. “The pandemic is rapidly changing the retail environment and we’re continuing to innovate to meet the needs of e-tailers who have su
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20-4-2021 The Swiss Gemmological Institute (SSEF) latest edition of Journal of Gemmology points out that Afghan emeralds have two inclusion features “quite similar to” Colombian emeralds. With GemTOF instrument, the research team analysed and compared over 100 gem-quality emeralds from the Panjshir Valley in Afghanistan from a carat to more than 30 carats, with hundreds of emeralds f
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20-04-2021 Watches and Wonders 2021 came to a conclusion on Sunday after a 12-day run online and live respectively in Geneva and Shanghai. It confirms the effectiveness of the digital power and the readiness of the watchmaking industry to grow again. The shows have also identified trends for the year. Held 7-13 April, the digital Watches and Wonders Geneva has gathered 38 exhibiting brands who c
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20-04-2021 New York-based Gemological Science International (GSI) has expanded its global footprint by opening a new laboratory in Jaipur, India. Located at Rajasthan Chamber Bhawan, the new laboratory will offer GSI’s core services with a dedicated division specialising in coloured gemstone geographical origin and identification. Educational programmes including coloured gemstone identificati
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19-4-2021 China, the world's biggest gold consumer, now allows domestic and international banks to import large amounts of gold into the country, according to Reuters, which cited five sources familiar with the matter. Since the second half 2020, demand for gold jewellery, bars and coins rebounded together with the local economy. Two sources said 150 tonnes of gold would be shipped in Ap
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19-04-2021 Hong Kong-based Tayma Fine Jewellery has introduced the spectacular ‘Aurora Australis’ earrings featuring a pair of enigmatic Australian opals from Lightning Ridge. Each measuring 7 cm long with a total of over 40 carats, the two opals show exceptional green and blue play-of-colour. Paraiba tourmaline, indicolite tourmaline and diamonds were chosen to accent the arresting cold-col
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16-4-2021 The overall gems and jewellery exports declined by 28.46 percent to US$25.31 billion during the fiscal year 2020- 21, according to statistics by the Gem and Jewellery Export Promotion Council (GJEPC). The sector witnessed a decline in the first three quarters, then a 12.73 percent growth in the fourth quarter. “The industry has shown resilience, adapted to the new normal and
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15-4-2021 The talent competition about creating a jewellery piece from scratch, All That Glitters: Britain's Next Jewellery Star, premieres on British free-to-air television network BBC Two this week. The show is hosted by actor Katherine Ryan. Eight British jewellers of varying ages from 23 to 56, backgrounds and experience go head-to-head twice in each episode, with their work appraise
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14-4-2021 Gemfields garnered US$58.9 million at its seven sequential mini-auctions held during the period 15 March to 8 April, its first ruby sale since December 2019. 94 lots on offer attracted 52 companies placing bids, of which 89 (95 percent of the lots and 47 percent of the offered carats) were sold at an average price of USD171.33 per carat. The company said all rubies sold at this
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13-4-2021 US in-store sales rose 26.3 percent and online sales grew 56.8 percent yoy in March, a year since the first COVID-19 lockdown, according to Mastercard SpendingPulse. The jewellery sector in March recorded a 106.1percent yow increase. “In March 2020, discretionary sectors such as apparel and jewelry experienced a dip in spend when people first started social distancing; this h
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12-04-2021 The International Gemological Institute (IGI) has recently been certified with ISO 17025 accreditation for laboratory-grown diamonds, making the laboratory the world’s first to hold ISO accreditation for both natural and LGDs. According to an IGI post last Friday, ISO’s 17025 laboratory certification “is perhaps the single most important standard for calibration and testing labo
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9-4-2021 Signet Jewelers has acquired jewellery rental subscription platform Rocksbox, in an attempt to tap the self-purchasing women market, an underdeveloped revenue stream to the brand. Rocksbox’s revenue is driven by Gen-Z and millennials. Subscribers pay US$21 on a monthly basis to rent a box of three jewellery pieces (necklaces, bracelets, rings and earrings) based on the pref
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09-04-2021 The 15th Jewelry Design Awards organised by The Gem and Jewelry Institute of Thailand (Public Organization), GIT, under the Ministry of Commerce Thailand is calling for entries. Themed as “Integeneration Jewelry – Jewelry for Every Generation” this year, the annual design contest is open for professional designers, entrepreneurs and passionate public from all over the world, aim
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8-4-2021 The Jewelers of America (JA) announced winners of the 31st Case Awards on Tuesday. The national design contest aims to honour the jewellers who create jewellery with the highest levels of creativity, artistry, skills and excellent in quality and style. This year the award received an “all-time high number” of nearly 200 entries across the 14 categories. The spokesperson f
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7-4-2021 Hong Kong retail sales soared 30 percent yoy to US$3.8 billion in February, ending the two-year losing streak, according to the Hong Kong Census and Statistics Department. Revenue from the jewellery, watches, clocks and other valuable gifts, which rely heavily on mainland tourists skyrocketed 114.1 percent, despite tourist arrivals slumped 97.2 percent. The statistics department
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07-04-2021 The Hong Kong Development Council (HKTDC) announced the deferral of its world-renowned twin shows last Thursday. The organiser of the HKTDC Hong Kong International Jewellery Show and the HKTDC Hong Kong International Diamond, Gem & Pearl Show said that both fairs will be held 25-29 July 2021 at the Hong Kong Convention and Exhibition Centre. The decision was made “after consulta
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07-04-2021 Christie’s Hong Kong Luxury Week has fetched a total of HK$66 million, with the handbag and jewellery sessions setting new records. Held 18 March – 1 April 2021, the auction incorporated three online sections dedicated to jewellery, watches and handbags, plus one live sale of spirits and wines. The jewellery and handbag sections have achieved the highest totals of Christie’s onl
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1-4-2021 Gemfields released its annual financial report, reporting 84 percent revenue slump from US$216.2 million in 2019 to US$34.6 million in 2020 due to the absence of regular emerald and ruby auctions. Since February, Gemfields has not held any gemstone auctions in 2020 due to the pandemic. The group carried out various cost reduction measures, including suspending operations at the
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31-3-2021 The Perfect Palette The Perfect Palette is a trio of coloured diamonds in fancy vivid blue, orange and purplish pink weighing 2.13-carat, 2.34-carat and 2.17-carat respectively. The headliners are mounted onto individual rings and will be offered as separate lots of Christie’s New York Magnificent Jewels auction at 13 April. Muzo green Gembridge, the coloured gemstone digit
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30-03-2021 A recent report from the De Beers Group says that US consumers expressed strong demand for diamond jewellery in Q4 2020, outperforming other luxury categories. It also shows that nearly half of consumers do not consider laboratory-grown diamonds (LGDs) “real”. According to the sixth Diamond Insight flash report published by De Beers last Thursday, interviewed retailers in the Stat
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29-3-2021 L’ÉCOLE School of Jewelry Arts in Hong Kong displays historical gold jewellery pieces from the Mengdiexuan Collection at its third exhibition, The Art of Gold, 3000 Years of Chinese Treasures, from 26 March to 29 August 2021. The exhibition will be open to the public with guided tours available in English, Cantonese and Mandarin. Among the 55 pieces each housed inside a gl
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26-03-2016 The Emerging Designers Diamond Initiative co-launched by the Natural Diamond Council (NDC) and jewellery designer Lorraine Schwartz announced the first six designers selected for the programme on Wednesday. The initiative aims to provide black, indigenous, people of colour (BIPOC) jewellery designers with opportunities to access industry education and resources in the diamond industry
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25-3-2021 The Hong Kong Jewellers’ and Goldsmiths’ Association (HKJGA) and the Kowloon Pearls, Precious Stones, Jade, Gold and Silver Ornament Merchants Association co-hosts a promotion seminar for the Reputation Shop Mark today. The mark aims to enhance the jewellery industry standard and market competitiveness. E-commerce sales have seen significant growth in these few years. The a
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24-03-2021 A brand new jewellery exhibition, Jewellery, Gem & Technology Dubai (JGT Dubai), will make its debut 22-24 February 2022 at the Dubai World Trade Centre (DWTC). Co-organised by Informa Markets Jewellery and the Italian Exhibition Group (IEG), the three-day event will feature state-of-the-art jewellery, magnificent gemstones and avant-garde technology from around the globe. Exclusi
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23-03-2021 Elsa Peretti, a celebrated Italian jewellery designer for Tiffany & Co, has died on 18 March 2021. “A woman who was larger-than-life has touched everyone at Tiffany & Co,” said Tiffany on a statement last Friday. “Over the past nearly 50 years Elsa has created some of the most innovative jewelry and object designs in the world. Elsa explored nature with the acumen of a s
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22-3-2021 The Silver Promotion Service (SPS) said 2020 marked the 12th consecutive year of silver jewellery sales growth, mainly driven by consumers aged 20 to 40 years old, despite the ongoing COVID pandemic. Key findings from the survey include: 42 percent of the jewellery retailers surveyed said their silver jewellery sales increased in 2020. 52 percent of those reporting an increas
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19-03-2021 Christie’s New York closed its online sale of jewellery by Michele della Valle with a total of US$ 799,125. All of the 65 lots offered were sold with many exceeding their low estimate. Held 3-17 March 2021, the ‘Colorful Whimsy: Jewels by Michele della Valle’ auction. The leading lot was a pair of lemon earrings set with yellow sapphires, tsavorite garnets and diamonds (photo 1)
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18-3-2021 80-year-old jeweller Steven Stone revealed that Google searches for gemstone, especially emerald have soared this year. Steven Stone claimed that in February, the term ‘emerald rings’ was searched 142,060 times, represented a 42 percent yoy growth while ‘emerald jewellery’ search frequency up from 27,220 to 38,440, a 77 percent rise. The jeweller, who offers diamond, sa
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17-3-2021 The World Diamond Council (WDC) and the Responsible Jewellery Council (RJC) has entered into a cross-membership partnership and signed mutual codes of conduct. RJC will joins the WDC Kimberley Process (KP) Task Force and involve in critical discussions about the Kimberley Process Certification Scheme (KPCS). This includes the expansion of the KP’s definition of conflict diamo
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17-03-2021 The American Gem Trade Association (AGTA) announced yesterday the dates of two shows for 2021. The AGTA GemFair Las Vegas will take place 24-26 August at the Encore Resort of Wynn Las Vegas where the Couture show and the Las Vegas Antique Jewelry and Watch Show (LVAJWS) organised by the Emerald Expositions will also be held, at the adjacent Wynn Resort. AGTA CEO Douglas K Hucker said
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16-3-2021 Diamond Standard offers 5,000 Diamond Standard Coin priced at US$5,000payable in USD or ETH to offer “the first and only regulator-approved fungible diamond commodity”. Each coin contains eight to 10 diamonds with a total carat weight three to four carats and comes with a wireless encryption chip compatible with Android smartphones. All are graded by the Gemological Institu
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16-03-2021 A Patek Philippe Ref 3448, one of the most sought-after references from the brand, is expected to set a new auction record for the reference at Christie’s Hong Kong’s important watches sale scheduled for 22 May 2021. The one-of-a-kind Alan Banbery Patek Philippe Ref 3448J, an 18-karat gold automatic perpetual calendar watch with English calendar and leap-year indication without mo
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16-03-2021 This year, Sotheby’s Hong Kong will stage its jewellery spring sale on 20 April 2021 at Sotheby’s Gallery at Pacific Place. Leading the sale are two exquisite bracelets – a phenomenal diamond and rock crystal bracelet from Cartier and an exceptional fei cui bangle. The art deco bracelet from Cartier (photo 1) from the high jewellery collection L’Odyssée de Cartier – Parcour
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15-3-2021 Pandora works together with technology company Go Instore to launch Remote Shopping Assistant, a live video and personalised digital shopping experiences for customers in the United Kingdom, Europe, Hong Kong and the United States. E-shoppers could have instant live video consultations with a Pandora sales assistant and add items to the basket at any time. Go Instore co-CEO And
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12-03-2021 New York-based Yehuda Diamond Company is hosting a webinar next Wednesday introducing the latest technology of laboratory-grown diamond detection and its newest diamond detector. As part of a MJSA Expo online programmes, the product profile webinar titled ‘Lab-Grown Diamond Detection’ is scheduled for 17 March (Wednesday), 2 PM Eastern time. Apart from discussing the techniques fo
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12-03-2021 Riding on the success of its previous online sales, Christie’s will be staging Luxury Week 2021 for spring in Geneva, London New York and Hong Kong. For Hong Kong, the jewellery and watches online auctions will be held 18 – 25 March and 22 March – 1 April respectively. The jewellery sale features over 120 pieces of magnificent jewellery set with coloured gemstones and diamonds f
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11-3-2021 Tiffany has appointed Ruba Abu-Nimah as its executive creative director, reporting directly to Alexandre Arnault, the brand's executive vice president of product and communications. According to her profile on LinkedIn, Abu-Nimah does not come from a jewellery background. She served as cosmetics and skincare giant Revlon’s global creative director before her new position at T
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10-3-2021 Petra Diamonds sold a 299.3-carat rough diamond from the iconic Cullinan mine in January to Stargems DMCC for US$12.18 million. The Type IIa white gem-quality diamond accomplished a price of US$40,701 per carat, higher than the US$34,386 per carat achieved in May 2019 by the 424.89-carat Legacy of the Cullinan Diamond Mine. Petra chief executive Richard Duffy jogged reader
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10-03-2021 The International Jewellery Confederation (Cibjo) has just launched a new website to inform consumers and industry practitioners about the precise terminology to use to describe natural diamonds and laboratory-grown diamonds. The informational website, named “What is a diamond?”, is built by Cibjo’s Diamond Commission with the support of the SSEF Swiss Gemmological Institute. Us
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9-3-2021 Italian brand Picchiotti applies snakewood on its Xpandable bracelet to mark the fifth anniversary of the patented mechanism. Association between anniversary years with gift materials traces back to the Middle Ages. For the fifth year, anniversary gift by year is on the theme of wood. The memorable bracelet features stripes of natural snakewoods and white diamonds, unlike all of
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09-03-2021 Owned by Istanbul-born architect and designer Ayça Özbank Taşkan, French contemporary jewellery brand Mara Paris has recently launched a pair of earrings for iPod paying tribute to the extraordinary designers of the 20th century. The Pod Cuff ear cuff features a polished 925 Sterling silver chain and a ring with rubber grip inside to hold an iPod firmly in place. Without the earpho
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8-3-2021 Australian precious metal coin manufacturer the Perth Mint adds the Jewelled Horse to its Jewelled Range collection, which contains the Jewelled tiger, dragon and phoenix coin launched in 2020, 2019 and 2018 respectively. The coin is made of 99.99% pure gold coin. On it, there is a pave diamond rearing horse with 2.76 total carat weights of fancy intense to vivid pink or purplis
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08-03-2021 London-based fine pearl jeweller Yoko London has partnered with high-end department store chain Selfridges to introduce some of the bestselling collections to a broader audience. Newly available at Selfriedges.com are Yoko London’s Trend, Sleek, Starlight and Classic collections. “These pieces have been carefully selected to showcase a wide range of Yoko London’s designs, rangin
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5-3-2021 The Gem & Jewellery Export Promotion Council (GJEPC) will hold the India International Jewellery Show (IIJS Signature) from 7- 12 April at the Bombay Exhibition Centre in Mumbai. Product sections included loose gemstones, gold jewellery, studded jewellery, synthetics and simulants, signature club, international company and lab and education. GJEPC expected to attract over 80
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4-3-2021 Ukrainian jewellery influencer Tatyana Pfaifer has debuted Jewellery Masterpiece Awards, an international jewellery contest opens to jewelers, designers and writers in the industry, with a whopping US$100,000 prize pool. Entries are not required to create under any theme. The competition only requires the pieces to be original and one-of-a-kind. There are 7 categories in total,
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3-3-2021 Over 93 percent of jewellery consumers in the United States are fond of all three coloured gemstones – emerald, ruby and sapphire, according to the Fall 2020 Comprehensive Consumer and Trade Colored Gemstone Market Research Study by MVI Marketing LLC (MVEye). The research interviewed over 1,100 Americans who had purchased fine jewellery within the past two years. Sapphire is b
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2-3-2021 The 78th Golden Globes kicked off Hollywood's awards season on its virtual red carpet. Stars dressed up and dazzled from their living rooms for the award ceremony. See below for some of the stunning jewellery pieces. Anya Taylor-Joy, Best Actress in a TV Series, Drama (photo 1) Tiffany & Co 14-carat diamonds pendant, a pair of diamond earrings and a diamond ring Andra
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02-03-2021 The inaugural jewellery design contest organised by the International Gemological Institute (IGI) in 2020, IGI Jewel, has announced winners in mid-February 2021. Seven winning designs were selected from over 700 entries. Themed on “Collision and Fusion”, the competition invited contestants to submit designs for four categories: coloured gemstones, diamonds, gold and creative mater
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1-3-2021 The Gem & Jewellery Export Promotion Council (GJEPC) signs MoU with ES Online Services, an eBay subsidiary in India, to help Indian jewellery businesses expand e-presence. A micro site titled Made in India will be created on eBay for GJEPC Members as an e-marketplace. ES Online will hold workshops, webinars and seminars for them to identify e-commerce opportunities and suppo
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26-02-2021 Chow Tai Fook Jewellery has opened a store in Hong Kong Disneyland’s Castle of Magical Dreams to celebrate the 15th anniversary of the amusement park, making it the world’s first jewellery shop in a Disney castle. A new collection is launched in tribute to Disney princesses and queens who undauntedly purse their dreams. Appointed as the ‘royal jeweller’ to create jewellery for
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25-2-2021Paul Klecka’s Matariki Rising South Sea pearl ring (photo 1) takes the top prize, president's trophy, at the 11th International Pearl Design Competition (IPDC), organised by the Cultured Pearl Association of America (CPAA) earlier this month. There are 11 winners out of 66 submissions across eight categories, including a popularity award, in the United States division, and nine win
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24-2-2021 Chinese Consul General to Pakistan meets with Pakistan Gems Jewellery Development Company (PGJDC)chairman Shahid Iqbal Qureshi to discuss room for collaboration regarding development of gems and jewellery industry. Possible cooperation included: setting up cutting and polishing centers, investment in extraction of gemstones. Primitive extraction methods and tools are believed t
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23-2-2021 The Israel Diamond Exchange (IDE) has elected Boaz Moldawsky as its new president, took over from Yoram Dvash, now the president of the World Federation of Diamond Bourses (WFDB). Moldawsky is the co-CEO of the Moldawsky Group, a diamond manufacturing and trading company. His family helped laid the foundations of Israeli diamond industry. Formerly IDE vice president, he also
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23-02-2021 The AGTA GemFairTM Tucson show scheduled for April 2021 was cancelled, announced organiser American Gem Trade Association (AGTA) yesterday. The AGTA board of directors had made efforts to talk with exhibiting members and past buyers through emails, zoom meetings and calls and planned to reschedule the Tucson show to 13-18 April when over 20 other gem shows in the city were postponed o
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22-2-2021 United States president Joe Biden sanctions three Myanmar gemstone companies, which “wholly-owned subsidiaries of a conglomerate owned or controlled by the Burmese military”, to prohibit these companies to do business with American companies or in the United States. The three Burmese companies are now on the U.S. Treasury Department’s Office of Foreign Assets Control (OFA
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19-02-2021 The International Jewellery Confederation (Cibjo) has just published a new guide for classifying saltwater and freshwater natural and cultured pearls, serving as an educational tool for both consumers and the jewellery trade. Titled CIBJO Guide for Classifying Natural Pearls and Cultured Pearls, the 62-page illustrated document provides an overview of the various natural and cultured
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18-2-2021 Oris has released timepieces to fund ocean conservation projects from reef restoration to plastic garbage screening over the years. Its newly launched model, Aquis Whale Shark Edition, directs attention to whale shark. The shark skin finish on the dial is an icing on a cake. It is encircled by a 24-hour scale blue-to-black ceramic bezel and backed with a wale shark engraved on
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17-2-2021 A Thai truck driver discovers a tangerine pearl weighs 7 grams from a 50 baht per gram apple snailin Chonburi, weeks after a similar pearl was found also in Thailand. The 65.57 carats pearl was certified as a genuine melo pearl by the Gem and Jewelry Institute of Thailand (GIT). According to Sumeth Prasong Phongchai, GIT director, melo pearl can’t be farmed but can be found i
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16-2-2021 Alrosa’s first sales of rough diamonds this year held from 19 January to 9 February rakes in US$10 million. “This year’s first auction was held in Dubai. Demand for our rough began to recover late last year and now remains stable. We sold over 80 percent of auctioned lots and proceeds were good,” commented Evgeny Agureev, the miner’s deputy CEO. 104 rough diamond
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10-2-2021 De Beers made US$650 million from the first rough diamond sales in 2021, driven by expected demand ahead of Chinese New Year and Valentine’s Day. According to Bloomberg’s source, the price is up by about 5 percent at its first sale of the year. The rise mostly applied to stones bigger than 1 carat. The miner CEO Bruce Cleaver analysed the global diamond market: “With
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10-02-2021 The 2020 Platinum Design DNA Awards, co-organised by the Platinum Guild International (PGI) and US-based Pratt Institute, has recently revealed winners. The new contest aims to introduce participating jewellery design students to the precious white metal. Winners First prize: Celine Dussaud, ‘Hexagonal’ ear climbers with pearls (photo 1) Second prize: Aditi Sabavala, ‘Budd
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9-2-2021 United States-based WD Lab Grown Diamonds has become the first-ever company to be certified under the provisional Certification Standard for Sustainable Diamonds. WD is now able to use the claims of 'Certified Sustainable' and 'Certified Climate Neutral' on their lab-grown diamonds. “This accomplishment reflects our wholehearted commitment to safeguarding the environment, prot
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8-2-2021 Multiple American Gem Trade Association (AGTA) Spectrum Award winner Alexia Connellan rolls out a collection for you treat the one you love this Valentine's Day. “Pink is a colour that looks flawless on every woman, and this capsule collection is the perfect gift to spark some joy in shades of pink, fuchsia, and red this Valentine's Day. Make yourself or a special someone blus
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5-2-2021 The 2021 Jewellery World Awards (JWA), formerly known as the JNA Awards, is welcoming entrants of the global jewellery community via www.JWAwards.com until 20 April 2021. The organiser Informa Markets Jewellery adds three brand new categories: Outstanding Enterprise category for EMEA & Americas, Outstanding Small Enterprise of the Year and, Outstanding ESG Performance of the
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4-2-2021 The Swiss luxury watchmaker Patek Philippe discontinues the production of its Nautilus Ref. 5711/1A-010, which GQ describes as “the most coveted watch in the world.” The news was reported by Hodinkee and confirmed by Patek Philippe headquarter. There is a rumour that the wait time for this sought-after watch was up to 10 years, while according to Patek Philippe CEO Thierry S
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3-2-2021 The Gemological Institute of America (GIA) reports three Moissanites with fraudulent inscriptions, which belong to natural diamonds, were submitted to the laboratory in Johannesburg, South Africa, in its fall 2020 issue of Gems & Gemology. The font of the fake inscriptions was distinctly different from the GIA’s one. They were treated with GIA’s standard procedure to mak
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2-2-2021 The 66th Bangkok Gems & Jewelry Fair (BGJF), which slated to take place at Impact Muang Thong Thani in Bangkok from 23-27 February, will switch into avirtual trade show and postpone to May. The fair is dubbed the BGJF Virtual Trade Fair. Its organiser, Thailand’s Department of International Trade Promotion (DITP) said following the May fair, the 67th Bangkok Gems &
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1-2-2021 Fabergé creatively collaborates with The Craft Irish Whiskey Co to launch The Emerald Isle Collection in celebration of the ‘Seven Wonders of Ireland’. A Celtic Egg objet and Altruist timepiece nested inside a walnut box together with two bottles of 30-year-old triple distilled Irish whiskey. Each collection also includes a humidor with two ultra-rare Cohiba Siglo VI Grand
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01-02-2021 Themed ‘Happiness – A New Beginning’, the HRD Design Awards 2020 (17th edition) invited international designers to delve into their thoughts of happiness to produce brilliant diamond and gemstone jewellery HRD Design Awards 2020 was divided into eight category-wise awards plus the Best Designer awards, with each of them having three prizes. The winners were entitled to gain scho
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29-1-2021 Mike Bowers, the owner of the agate geode resembles Sesame Street’s Cookie Monster has received five offers for the rare rock up to US$10,000. The California mineral collector said that it was uncommon to a face shape in agates, rather than a cloud. The feature makes it even more unusual is the face that appears on both sides of the clear-cut stone. He explained the voids usu
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28-1-2021 Lucara kicks off 2021 with the recovery of two white diamonds weighing 341-carat and 378-carat at Karowe mine in Botswana. The 378-carat represents the 55th diamond greater than 200 carats to be recovered from Karowe since its operations in 2012. BMO Capital Markets analyst Ray Raj estimated the diamond could fetch over US$15 million. Lucara's CEO Eira Thomas commented on
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28-01-2021 Internationally renowned Chinese jewellery artist Wallace Chan will amaze the world with his less-known talent in sculpture at his first major sculpture exhibition in Venice of Italy from 14 May to 31 October 2021. Titled ‘Titans: A dialogue between materials, space and time’, the exhibition curated by James Putnam will feature a series of massive titanium and iron sculptures toge
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27-1-2021 Jewellery brands Van Cleef & Arpels and Cartier and watchmaker Rolex and Patek Philippe list the top 10 luxury brands with highest resale value in 2020, according to the first ever luxury consignment report by luxury resale e-platform The RealReal. Ranked as the second highest resale value brand, Van Cleef & Arpels’ iconic four-leaf clover motif Alhambra Collection
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26-01-2021 Chow Tai Fook, Hong Kong, celebrates the Year of the Ox with a number of new jewellery and accessories in 24-karat gold, including the Golden Ox of Fortune, Disney Classics and DrD@CTF collections. Coming in the forms of pure gold ornaments, bracelets, pendants, charms, bars, notes and medallions, the Golden Ox of Fortune collection (photo 1 & 2) is a symbol of happiness, wealth,
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26-1-2021 JCK Las Vegas, Luxury by JCK and Baselworld heir HourUniverse has been postponed due to the ongoing coronavirus pandemic. JCK Las Vegas and Luxury by JCK are scheduled to be held from 27-30 August and 24-30 August respectively. Both remains to take place in The Venetian Resort & Sands Expo in Las Vegas. Baselworld organiser MCH Group axed Baselworld in May after the de
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25-1-2021 Vacations are the only luxury items ahead of diamond jewellery on the bucket list of millennials and gen-Z, says a survey by Natural Diamond Council (NDC). Polled 5,000 respondents between the ages of 18 and 39 during October 2020, 70 percent cited reasons for wanting natural diamonds: one of a kind, followed by symbols of love and connection. They acquire natural diamond jewel
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22-1-2021 The International Gemological Institute (IGI) grading report for lab-grown diamond expands to carry descriptions about post-growth treatments. Prior to the updates, the report only noted: “may include post-growth treatments to alter colour”. Currently, any CVD stones that are not definitively found to be untreated will still carry this description, while those which are fou
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21-1-2021 De Beers and Blue Nile release Ten/Ten, a collection of 100 commitment rings reimagining “the timeless symbol of love and commitment”, designed by ten independent jewellery designers, exclusively available on Blue Nile’s website. Limited to 10 for each of the design and all mounted with responsibly-sourced diamonds from the DeBeers mines in Botswana, the rings are priced
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21-01-2021 The JNA Awards organised by Informa Markets Jewellery has changed name to ‘Jewellery World Awards’ (JWA) started 2021 with a new positioning. An Asia-focused initiative since 2012, JNA Awards will broaden its scope to recognise the best practice in the jewellery industry from around the globe. David Bondi, senior vice president – Asia of Informa Markets, said: “The new JWA, t
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20-1-2021 The Gemological Science International (GSI) expands its screening and detection services to include lab-grown diamond jewellery due to an emerging pattern of "undisclosed" natural diamonds being mixed with lab-grown diamonds in jewellery globally. GSI president Debbie Azar commented some consider the situation as an upgrade. However, consumers who do not want natural diamonds a
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19-01-2021 Gübelin Academy, founded by The House of Gübelin in Hong Kong in 2013, has just launched its new online course ‘Coloured Gem Professional: The Basics’ for the world’s gem aficionados. The online course offers an introduction to the world of coloured gemstones, with the focus on the “Big Three” – ruby, emerald and sapphire. Course materials include videos, experts’ insi
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18-01-2021 Yehuda Diamond’s lab-grown diamond detector with 100-percent detection rate has come with a new version. The Sherlock Holmes 3.0 features a laptop-style folding screen for easy viewing, an improved user interface, multiple sensitivities for accurate analysis, internal long UV test to reduce false positive results, eight times magnification making detection of the smallest diamonds a
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15-1-2021 Alrosa announced robust sales of rough and polished diamonds in December totalled US$521.6 million, a 43% jump in total diamond sales, driven by the continued strong demand from the cutting and polishing sector. Proceeds from rough and polished diamond sales in December were US$470.3 million and US$51.2 million respectively. The whopping revenue from polished diamond was fueled
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14-1-2021 The Gemological Institute of America (GIA) offers new Cultured Pearl Classification Report for loose and mounted Akoya, South Sea, and Tahitian pearls, joining forces with pearl identification report and pearl identification and classification report. The new report includes classification of cultured pearl(s) based on the GIA 7 pearl value factors: size, shape, color, luster,
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13-01-2021 Several jewellery designers and entrepreneurs from Hong Kong have been on Gafencu’s 2020 Power 300 List. The honoured individuals include Michelle Chua (photo 1), chairman of Marvella Group, Jeanine Hsu (photo 2), founder and creative director of Niin, Corina Mihaila Larpin (photo 3), owner and creative director of Stéfère Jewelry, Margaret Lee Yau (photo 4), founder and CEO of Ma
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12-1-2021 Technological solution provider Sarine announces that its digital tender solutions have been adopted by Alrosa, Lucara and Stargems. Utilising Sarine’s service operated by Trigem, Stargems has successfully hosted the largest rough diamond tender ever to take place in the UAE in December 2020. Its CEO Bhavesh Javeri said “C
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11-1-2021 The Dubai Multi Commodities Centre (DMCC) will host six rough diamond tenders in its Dubai Diamond Exchange (DDE)in the first month of 2021, follows a record-breaking tender by Stargems in December 2020, which sold 379,912 carats rough diamonds at US$87.47 million. DMCC CEO Ahmed Bin Sulayem said: “At the start of a new year, we are pleased to be welcoming diamond traders to
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8-1-2021 Alrosa Hong Kong has become a member of the Shanghai Diamond Exchange (SDE) to boost the Russian diamond miner's presence and reach more customers in mainland China. “In 2020, demand for diamond jewellery in China increased. COVID-related travel restrictions changed the consumption model and people were purchasing goods in their own country. Largely due to this fact, jewellery
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07-01-2021 Tiancheng International today announced the appointment of Connie Huang (photo), head of jewellery department, as managing director with immediate effect. Huang joined the auction house in 2011. She has helped established an extensive clientele network over the years during which she travelled worldwide for exquisite gemstones and magnificent jewellery for seasoned connoisseurs. Zhan
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7-1-2021 Tiffany preliminary net sales rose about 2 percent yoy during holiday season, driven by demands from Chinese shoppers and a jump in e-commerce. Alessandro Bogliolo, Tiffany’s Chief Executive Officer commented: “In the midst of a worldwide pandemic and its dynamic impacts, these all-time high preliminary holiday period sales results, which follow a strong third quarter, refle
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6-1-2021 The Responsible Jewellery Council (RJC) recertifies Alrosa’s supply chain is in compliance with RJC Code of Practices (COP) updated in 2019. The audit includes provisions of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals and covered the practices of ensuring working conditions for its employees, their labour rights and freedoms, labor safety and h
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05-01-2021 Under the threat of Covid-19, Hong Kong posted a record fall by 25 percent in total retail sales over the first 11 months of 2020, although the decline narrowed in November, according to government statistics. Data released by the Census and Statistics Department yesterday said the total value of retail sales plunged by 25.3-percent between January and November 2020 compared to the sa
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4-1-2021 While the global luxury market shrank by 23 percent amid COVID-19 pandemic, China was likely to achieve 48 percent yoy growth to US$ 53 billion in 2020, according to Bain & Company’s research this month. China’s brands experienced a range of growth from 10 percent to over 70 percent. Regional performance varied, with the north and northeast regions underperforming. Leath
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30-12-2020 Singapore-based gemstone and jewellery e-marketplace Gembridge, which markets to offer transaction cost reductions of up to 70 percent, will launch in early 2021. “The pandemic has accelerated the digital transformation of the global gemstones and jewellery industry, paving the way for pioneering solutions for trade,” said Gembridge chief experience officer, Mark Taylor.
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29-12-2020 Alrosa and De Beers have released their dates for next year’s diamond sales, holding10 sights and 12 auctions respectively. De Beers also revealed its revenue from rough diamonds at US$2.72 billion in 2020. Despite its sale result is almost half less than 2019, the group’s CEOBruce Cleaver said: “the diamond industry ends the year on a positive note, we must recognise th
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28-12-2020 Mumbai-headquartered Bharat Diamond Bourse (BDB) will decide to allow the trading of lab-grown diamonds or not at its Annual General Meeting. If approved, BDB president Anoop Mehta said strict rules of trading will be implemented, key norms including: · A separate application/registration will have to be made by members desirous of trading in synthetics · Companies dealing
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23-12-2020 Retail sales dipped one percent mom but climbed four percent yoy in November, according to data from the U.S. Department of Commerce. “The month-over-month decline isn’t surprising because some spending was pulled forward into October by campaigns encouraging consumers to shop early and shop safe,” commented National Retail Federation (NRF) chief economist Jack Kleinhenz
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22-12-2020 Five global tender and auction houses express their interests in the development of the soon be launched Angolan Diamond Bourse (ADB) by State-owned Angolan National Diamond Trading Company (Sodiam). The five included Bonas-Couzyn, First Element, I-Hennig & Co, Koin International and Trans Atlantic Gem Sales. Angola Mineral Resources and Petroleum Minister Diamantino Azeve
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18-12-2020 Stargems has organised the largest rough diamond tender ever to take place in the United Arab Emirates (UAE) in Almas Tower in the Dubai Multi Commodities Centre (DMCC) Free Zone, offering rough diamonds from South Africa and Angola. More than 250 companies and 500 individuals from India, Hong Kong, Russia, Israel, Belgium and Lebanon took part in the tender. All rough diamond
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18-12-2020 The 2020 Argyle Pink Diamonds Tender from Rio Tinto closed on 2 December with double-digit price growth and a number of records delivered despite the challenge from the Covid-19 pandemic which delayed the launch and reduced the number of live viewings. The first record went to the number of participants with successful bidders from eight countries and regions, said Rio Tinto y
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17-12-2020 Belgium rough and polished diamond export in November declined 15 percent and nine percent respectively, according to the Antwerp World Diamond Centre (AWDC). Rough exports dropped from US$957million to US$725million in October, noted a nearly 15 percent drop. Polished exports to the United States fell seven percent yoy, however, exports to the United Arab Emirates soared over
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16-12-2020 The Gem & Jewellery Export Promotion Council (GJEPC) will kick off its first ever virtual International Gem & Jewellery Show (e-IGJS) dedicated for international buyers from 18th to 22nd January 2021. GJEPC chairman Colin Shah explained the urge tohost the online fair: “Global markets like the US, Europe, China and other Asian countries are witnessing increasing dema
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16-12-2020 Industry veteran Kent Wong, managing director of Chow Tai Fook Jewellery Group, has just won the executive award of the DHL/SCMP Hong Kong Business Awards 2020. With over four decades of rich experience in the jewellery industry, Wong has transformed one of the world’s largest jewellery groups into an exciting, innovative and trendsetting industry leader, and expanded the brand’s
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15-12-2020 Swiss watchmaker Hublot has recently brought the world a rainbow in the sky after a storm. The Big Bang Unico Full Baguette King Gold Rainbow chronograph is set in 18-karat rose gold with 290 gemstones in total. The 45mm case is accented with 100 gemstones including rubies, coloured sapphires, amethysts, blue topazes and tsavorites. A total of 112 baguette-cut gemstones were set on th
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14-12-2020 Bahrain Bourse CEO Shaikh Khalifa and Israel Diamond Exchange (IDE) president Yoram Dvash signed MoU last week to explore areas of mutual interest and joint cooperation between the two exchanges and to develop channels of communication. Alzayani said: “We are looking forward to capitalise on trade opportunities, especially in Diamonds and we thank the Israel Diamond Exchange
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14-12-2020 Distillery brand Jack Daniel’s has recently partnered with men’s wedding ring online shop Manly Bands to create a barrel wedding ring line made of black zirconium and wood from the white oak barrels used to mature Jack Daniel’s, some accented with gold or black diamonds. Concepts for the rings came from Jack Daniel’s co-CEO Michelle Luchese who wanted to capture the history of
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11-12-2020 Alrosa’s revenue from rough and polished diamonds sales in November reached the highest level since the beginning of 2020 at US$390.5 million. The total rough and polished diamond sales stand US$2,280 million, including US$2,182 million from rough diamond and US$98.4 million of polished for the 11 months of 2020. January and November noted the strongest sale result throughou
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10-12-2020 The American Gem Society (AGS) will move its 2021 Conclave to the fall, after cancelling the 2020 Conclave due to the COVID-19 pandemic. Originally set for 26-28 April in Louisville, the networking and education event is looking for new dates and location. According to its official website, 90 educational sessions and 12 networking events will be featured. However, the lineup
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9-12-2020 CIBJO, the World Jewellery Confederation, was invited to participate the United Nations General Assembly organised in New York as the only jewellery and gemstone industries representative in Economic and Social Council (ECOSOC), presented a written statement to the body. The COVID-19 pandemic was described as the greatest global health crisis since the creation of the United Na
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09-12-2020 Christie’s New York Magnificent Jewels sale held yesterday fetched a total of US$44,583,875, with 95 percent of the lots sold by value, 91 percent sold by lot. Sapphires from Kashmir stole the limelight of the sale which was highlighted by a bracelet set with a 43.10-carat Kashmir sapphire and 67.90 carats of D colour IF diamond (photo 1) sold for US$6,030,000 by Harry Winston. Na
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8-12-2020 The HKTDC Hong Kong International Diamond, Gem & Pearl Show and the HKTDC Hong Kong International Jewellery Show originally scheduled on 1-5 March 2021 and 3-7 March 2021 respectively have postponed running concurrently on 2-6 July 2021 at AsiaWorld-Expo. “With many pandemic-related travel restrictions remaining in place, exhibitors and buyers may have difficulty joining
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7-12-2020 Angola, the third-largest producer of diamonds in Africa has invited Indian companies to invest in diamond mining, as the diamond-rich country has had difficulty in attracting foreign investment, the Gem & Jewellery Export Promotion Council (GJEPC) stated after a virtual meeting with delegates of Angola. GJEPC suggested that Angola could sell its rough in tax-free special n
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4-12-2020 The global luxury market is expected to return to 2019 levels between 2022 and 2023, backed by digital sales growth and purchasing power of Chinese customers, Bain & Co’s latest Worldwide Luxury Goods Monitor reported. 2020 is marking the biggest shrink of global luxury market since 2009. According to Bain, Q2 2020 was the worst quarter the luxury goods sector has ever enc
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04-12-2020 The International Gemological Institute (IGI) Hong Kong recently certified a 12.75-carat laboratory-grown diamond created by Chinese firm Zhengshi Technology Shanghai Co, Ltd which was said to be the world’s largest CVD diamond ever produced. The polished stone, cut from a 46.20-carat CVD-grown rough crystal, “was Type IIa, giving it exceptional chemical purity and transparency, w
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3-12-2020 Hong Kong Customs seized 162 pieces of suspected smuggled diamonds worth an estimated US$840,000 at Heung Yuen Wai Control Point. This is the largest diamond smuggling case detected in the past three years. The diamonds were found inside a pocket of the trousers worn by a 33-year-old cross-border truck driver entering Shenzhen from Hong Kong. Customs officers later arrested a m
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2-12-2020 Hong Kong sales in all retail categories dropped 8.8 percent to US$ $3.53 billion in October yoy, the 21st consecutive month of decline and the first single-digit fall since June last year, narrowing from a revised 12.8 percent fall in the previous month. The city’s jewellery, watches, clocks and valuable gifts was the second worst- performing categories in October, follow
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1-12-2020 De Beers has set 12 goals, vows to be environmental, ethically and socially responsible across its value chain by 2030. David Prager, De Beers’ executive vice president and chief brand officer, commented on the ambitious targets: “what we have found in the past several years is that consumers — particularly in luxury — are far more interested in the role the products pl
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30-11-2020 Christie’s Hong Kong magnificent jewels autumn auction realised HK$397,085,000 (US$51.5 million) last Sunday, with more than a half of lots sold above high estimate. The emerald and diamond double rivière necklace created by renowned Hong Kong designer Edmond Chin and Boghossian (photo 1) fetched HK$54 million, claiming the top lot of the sale. A pair of 3.29-carat each fancy inten
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27-11-2020 Petra’s five blue rough diamond collection, Letlapa Tala is sold to a partnership between De Beers and Diacore for US$40.36million. Uncovered from Petra's iconic Cullinan mine in South Africa, the quintet weighing a total of 85.6 carats, comprises fiveblue diamonds of 25.75, 21.25, 17.57, 11.42 and 9.61 carats. “We believe this to be the first time that five rough blu
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26-11-2020 Despite Human Rights Watch (HRW) finds improvements in human rights and environmental protection in sourcing gold and diamonds since the last survey conducted two years ago, “consumers still don't have adequate assurances that their jewellery comes free of human rights abuses”. 15 companies, which generate more than US$40 billion revenue annually, about 15 percent of globa
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25-11-2020 Gübelin Gem Lab has launched Gübelin Gemstone Rating, a point-based gemstone rating system to fill the absence of common method to describe the quality of a gemstone. The gemmological laboratory delicates to offer “orientation, more transparent information, and comparability for final customers as well as the entire industry.” It examines three factors – quality, rarit
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24-11-2020 United States retail sales in November and December are expected to climb between 3.6 percent and 5.2 percent to a total between US$755.3 billion and US$766.7 billion, the National Retail Federation (NRF) forecasts. “Consumers have shown they are excited about the holidays and are willing to spend on gifts that lift the spirits of family and friends after such a challenging
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23-11-2020 Alrosa held auctions for diamonds larger than 10.8 carats at its offices in Israel and Dubai, and competitive bids for fancy coloured rough diamond in Israel and Belgium this month. In Israel, 112 diamonds weighing 1,850 carats were sold and generated US$ 9.8 million and 135 lots weighing 2,088 carats were realized for US$14.5 million in Dubai. At the fancy coloured rough d
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20-11-2020 Tse Sui Luen (TSL) reported a US$5.37 million loss for the six months ending September. Revenue in Hong Kong, Macau, mainland China and Malaysia declined 28.7 percent. “With the soaring gold prices and the cancellation of wedding receptions under the pandemic, the demand for gold and jewellery products plummeted. During the period, the turnover of our Hong Kong and Macau ret
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20-11-2020 Loupe, a jewellery designer incubation project launched by Chow Tai Fook Jewellery, will be co-hosting a “toothsome” exhibition of jade carving with the Hong Kong Jade Association (HKJA) next week in Hong Kong. The creative jade carving and metalsmith design exhibition called “The Feast of Jade” will commence next Friday at Loupe. Featured exhibits include innovative jade carv
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19-11-2020 Watches and Wonders Geneva slated to take place from 7 to 13 April 2021 at Palexpo will be held digitally at watchesandwonders.com, the second year in a row to be in a virtual format due to the ongoing COVID-19 pandemic. The organiser, Fondation de la Haute Horlogerie (FHH) will introduce updated features to “encourage communication and facilitate networking", this interacti
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19-11-2020 Arguably the only live jewellery exhibition in Hong Kong for 2020, the 28th JMA Hong Kong International Jewelry Show will be held 26-29 November at the Hong Kong Convention and Exhibition Centre. Organised by the Hong Kong Jewelry Manufacturers’ Association (HKJMA), the show targets the general public who can enjoy up to 80 percent discount on the exhibits and a wide array of promot
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18-11-2020 Fabergé adds a polar bear housing enamel locket to its Heritage collection for the festive season around the corner. The series now contain 72 jewellery pieces ranging from bracelet to necklace. The 18k rose gold polar bear surprise pendant has a midnight blue guilloché enamel shell and decorated with 17 brilliant cut white diamonds. The white enamel painted polar bear in wh
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17-11-2020 Dubai Multi Commodities Centre (DMCC) opens a representative office in Shenzhen, China in partnership with Yingtian Global, who has supported over 300 Chinese businesses expand in the Mena region. The office will provide advisory and consulting services in a common language, a convenient time zone and provide a host of services such as witnessing signature and verifying docume
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16-11-2020 Price of fancy-colour diamonds dipped 0.7 percent in Q3, compared with Q4 2019, according to the Fancy Color Research Foundation (FCRF). The FCRF noted that the Fancy Color Diamond Index displayed a general stability in relation to this chaotic period. Price of pink and blue diamonds dropped 0.8 percent and 0.3 percent for yellow. "The vivid category in all color segments pres
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13-11-2020 Debswana, a joint venture between the government of Botswana and De Beers, announced the closure of one of its Botswana mines in 2021 for a period of three years, in light of high operational costs. The mine produces lower quality diamonds which makes it expensive to dig during this period when the market is depressed. “Placing Damtshaa mine into care and maintenance will su
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13-11-2020 Winners of the 20th Grand Prix d’Horlogerie de Genève (GPHG) was unveiled yesterday at the awards ceremony where 19 prizes were presented. The ‘Aiguille d’Or’ Grand Prix was awarded to Piaget for the Altiplano Ultimate Concept watch. Watchmaker, teacher, editor and former director Antoine Simonin received the Special Jury Prize. Here we have the full list of the 19 winner
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12-11-2020 The Spirit of the Rose, the world’s largest vivid purple-pink diamond hammered for US$26.6 million at the Sotheby’s Geneva sale, is now the most expensive purple-pink diamond ever to sell at auction. Mined and cut from a 27.85-carat rough by Alrosa three years ago, the 14.83-carat is named after a Russian ballet premiered in 1911. The stone is classified as internally flaw
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12-11-2020 Held live and online, the jewellery sale by Christie’s Geneva held on Tuesday fetched a total of CHF36.4 million (US$40 million). A new auction record price per carat was made by a 1.05-carat fancy purplish-red diamond. With 89-percent sold by lot and 11 lots realised over US$1 million, the Swiss sale was led by a rectangular-cut fancy vivid yellow diamond weighing 28.88 carats (rig
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11-11-2020 De Beers’ latest 2020 Diamond Insight Report indicates that consumers are adapting to the new normal and demand for rough and polished diamonds is growing. Despite the diamond market is recovering, De Beers expected the growth might not be linear and will extend well beyond 2020 as the impact of COVID-19 on the global economy and the second wave of lockdowns in the fourth qu
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10-11-2020 Goldsmiths’ Company Charity has presented the Goldsmiths’ Company Apprentice of the Year Award to Alexander Wood in its first-ever virtual ceremony. Alexander completed a four-year diamond-mounting apprenticeship with Nathanial Groves after learning basic jewellery making, silversmithing and stone setting skills in the Goldsmiths’ Centre’s foundation programme. �
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9-11-2020 Israel-based diamond technology company Sarine is opening a rough diamond scanning centre, named Galaxy® inclusion scanning centre, in Dubai following the Israel–United Arab Emirates normalization agreement in August. Dubai diamond service provider Trigem will be responsible for the service operation under license from Sarine. The inclusion-mapping equipment charges a per-
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6-11-2020 Lucara Diamond and HB Antwerp (HB) will join forces again with Louis Vuitton to plan the creation of the highest value polished diamonds from its 549-carat white diamond Sethunya recovered in February at the Lucara’s Karowe mine in Botswana. Lucara will be paid a purchase price based on the estimated polished outcome, determined by HB's state of the art scanning and planning
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5-11-2020 Yoram Dvash, president of Israel Diamond Institute (IDI) for the past five years, has elected today for another three-year term, despite Dvash announced he would not run for the position last month. “I have received hundreds of requests from industry members to take on the role of IDI Chairman, and I felt I could not refuse. Although I had decided to take a longer break from a pu
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4-11-2020 Global gold demand dropped 19 percent yoy to 892 tonnes in Q3, according to the World Gold Council (WGC) latest Gold Demand Trends report. Demand for gold jewellery plummeted 29 percent due to a “combination of continued social distancing restrictions in many markets, the economic slowdown, and a record high gold price in many currencies”, commented Louise Street, the co
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3-11-2020 Rio Tinto has celebrated its final day of excavation at its iconic Argyle diamond mine, Western Australia's only operational diamond mine, after 40 years. The mine has produced more than 865 million carats of rough and is one of the well-known sources of pink diamonds worldwide, with over 90 percent of the world’s rare pink and red diamonds originating from there. The last Ar
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03-11-2020 Tiancheng International’s jewellery and fei cui autumn sale is scheduled for 28 November in Hong Kong. Among the exquisite lots are a 6.70-carat fancy deep yellow diamond ring, a 10.18-carat D IF diamond ring and a pair of double-hoop fei cui earrings. The natural fancy deep yellow diamond from the Zimmi mine in Sierra Leone emits an extremely rare tangerine tinge, resembling the br
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2-11-2020 80 percent of jewellery customers have come across lab-grown diamonds 2020, a 58 percent rise from two years ago, according to Lab-Grown Diamond Consumer and Trade Market Research Report conducted by MVI Marketing and co-sponsored by the International Grown Diamond Association (IGDA) and Instore Magazine. Entitled Gaining Critical Mass, the research video-interviews with 1,027
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30-10-2020 A total of 230 lots of exquisite gems will be auctioned during the Magnificent Jewels sale by Christie’s Hong Kong scheduled for 29 November 2020. The Boghossian emerald and diamond double rivière (photo 1) and a pair of fancy intense blue diamond earrings (photo 2) are set to create a stir in the auction parlour. Designed by renowned Hong Kong designer Edmond Chin for the House of
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29-10-2020 Yoram Dvash, who has been president of Israel Diamond Exchange (IDE) for the past five years, announced that he will not run for a third two-year term in the end-of-year election. The 56-year-old will concentrate on his leadership position at the World Federation of Diamond Bourses (WFDB). He was elected the president of WFDB during the digital World Diamond Congress (WDC) in
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29-10-2020 Generally seen as the first prime gold jewellery show in a year, Vicenzaoro January by the Italian Exhibition Group (IEG) is now rescheduled to 12-16 March in 2021, with the machinery show T.Gold running concurrently. IEG said that the new schedule “is more favourable for the industry’s business dynamics and the resumption of international mobility from Europe as well as the Unite
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28-10-2020 The announcement ceremony of 14 JNA Awards 2020’ recipients across seven categories kicks off the first day of the Jewellery & Gem Digital World. There is a swell of entries for Sustainability Initiative of the Year. Industry Innovation of the Year continues to be the most popular category. The award winners were selected out of 32 shortlisted honourees. Hong Kong jewell
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27-10-2020 The American Gem Trade Association (AGTA) has revealed the winners of its 2020 Spectrum Awards. Two new categories: North American Mined Gemstones and Best of Single Entries are debuted. The North American Mined Gemstones category is the battlefield between gemstones from the United States and Canada. Entrants who only submitted one piece were eligible for the Best of Single a
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23-10-2020 Rio Tinto will tender rough diamonds over 10.8 carats weight totalling 28,399 carats in October and November after the showcase in Antwerp and Tel Aviv. In the spotlight is a 74.48-carat fancy yellow diamond, Diavik Helios, uncovered at the miner’ Diavik diamond mine in Canada. According to Rio Tinto general manager of sales Patrick Coppens, fancy yellow diamonds are a rare
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22-10-2020 Petra Diamonds will hold a tender to sell Letlapa Tala blue diamond collection discovered in the Cullinan mine in South Africa from 20- 24 November, following viewings during November. Details as below: Antwerp: 25 October – 1 November 2020 Hong Kong: 5 – 10 November 2020 New York: 16 – 20 November 2020 The five weighs 9.61-carat, 11.42-carat, 17.57-carat, 21.25-c
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21-10-2020 The Antwerp World Diamond Centre (AWDC) has elected Pluczenik Diamond Company owner Chaim Pluczenik as president, takes over from Nishit Parikh. Chaim said he had witnessed some of Antwerp's greatest and most difficult moments. Belgian diamond industry was hit by a coronavirus. He vows to bring back the glory to Antwerp though uniting the Antwerp diamond community closer toget
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21-10-2020 New York-based Gemological Science International (GSI) has launched Laboratory-Grown Diamond Essentials, an industry’s first-ever education course dedicated to laboratory-grown diamonds. In response to the rapid growth and increasing demand of laboratory grown diamonds over the last couple of years, GSI has graded and identified hundreds of thousands of laboratory-grown diamonds. Se
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20-10-2020 Hong Kong jeweller Luk Fook recorded retail sales drop over the second quarter of financial year owing to the continuing impacts of COVID-19. Figures showed buying sentiment was back started September. According to the company announcement last Friday, the overall same-store-sales-growth of the group’s retail business fell 55 percent year-on-year over Q2 2021, while that of gold pro
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19-10-2020 Chow Tai Fook’s revenue rises 2.6 percent in the second fiscal quarter, fueled by retail sales in mainland China soared 21.2 percent despite the sales in Hong Kong, Macau and other markets noted a 51.6 percent dive. The group opened 261 new points of sale during the quarter in China and currently owns 4153 points of sale during the quarter including franchised outlets, China
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16-10-2020 The Gemological Institute of America (GIA) introduces four online exclusive reports for lab-grown diamonds (LGDR), two for colourless or near-colourless and two for coloured diamonds. Lab-grown diamonds would be graded with same scale as GIA grading reports for natural diamonds. Details as below: Laboratory-Grown Diamond Report includes 4Cs colour and clarity specificatio
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15-10-2020 To date, De Beers’ eighth sale of rough diamonds sold US$467 million, a 57 percent growth yoy, thanks to the more flexible approach and an extended sales duration. Usually holds a week, the latest sales held 11 days from 21 September to 9 October. Prices for smaller diamonds has reduced 5-10 percent, which coincided with a demand uptick from buyers to fill up their inventori
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14-10-2020 The World Jewellery Confederation (CIBJO) has introduced lab-grown diamond terminology, Laboratory-Grown Diamond Guidance, available for review by affiliated companies and national associations, in an attempt to create a standard for the sector. This is the final stage in a two-year process to create a harmonised standard for lab-grown diamond. The guideline outlines clear pri
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12-10-2020 Dozens of Israeli company flock to establish business with Dubai in the wake of the strategic agreement between Dubai Diamond Exchange (DDE) and Israel Diamond Exchange (IDE) signed to ‘promote bilateral trade opportunities and drive innovation in the diamond industry’. 38 Israeli companies have requested the Dubai Multi Commodities Centre (DMCC) to set up offices in D
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12-10-2020 The Hong Kong Living Influencer Awards recognise the most influential individuals from the art and design, health and wellness, dining and charity industries in the city. A major theme for the 2020 edition is the ability to adjust and adapt and embrace the power of teamwork amidst an environment with disruptive changes. Among the 50 awardees for this year, two are renowned jewellery de
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12-10-2020 The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) announced new board members last Friday. Cheung King Yau, owner of Edelweiss Jewellery Company Ltd, is elected chairman. Outgoing chairman Ken Lo of Eternity Manufacturing Ltd is now president. Major executives of the 35th term council of management (2020-22) are: Name Position C
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9-10-2020 The Watches of Switzerland’s revenues soared 25.2 percent during the first 10 weeks of the second fiscal quarter driven by robust sales performance in the UK and United States despite unprecedented challenging times. Britain and the United States’ sales have jumped 12.6 percent and 35.2 percent yoy respectively. In the UK, domestic sales are offsetting lower tourist and air
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09-10-2020 Hong Kong’s jewellery industry veterans Lawrence Ma and Kent Wong have both received the Lifetime Achievement Award, JNA Awards 2020. Ma, CEO of Lee Heng Diamond Group, founding president and chairman of the Diamond Federation of Hong Kong, and Wong, managing director of Chow Tai Fook Jewellery Group, and chairman of the Hong Kong Jewellers’ & Goldsmiths’ Association have de
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09-10-2020 British jewellery veteran cum historian Diana Scarisbrick has launched a new book in English and Simplified Chinese narrating the history of fine jewellery in the recent 300 years. Published by Shanghai Century Publishing Group in mainland China, Illuminata: Three Centuries of Fine Jewellery 1720-2020 gives an exhaustive overview of major categories of fine jewellery and their mesmeri
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8-10-2020 Jewellery influencer Katerina Perez releases an Instagram jewellery selling course designed for the industry named “How to Sell Jewellery on Instagram”. The course is designed by Katerina, a select group of marketing professionals and a number of brands. Lessons are designed to be done flexibly, twice a week, over a period of six weeks. Through six weeks and 10 online lesso
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7-10-2020 Sotheby’s sold a 102.39-carat D colour flawless diamond, now named ‘Maiko Star’, for US$15.7 million to a Japanese anonymous telephone bidder through an online auction in Hong Kong. Cut from a 271-carat rough discovered in Ontario, Canada in 2018, the sale achieved the highest price for a diamond sold online to date. Only seven other D colour white diamonds over 100 carat
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6-10-2020 De Beers’ lab-grown diamond jewellery brand Lightbox will be available in 10 independent jewellers in the United States and Canada, encompasses 28 stores. The set-to-retail brands include Riddle’s Jewelers, Diamond Cellar, DeVons Jewelers, Padis Jewelry, etc. The entire list can be found here. Lightbox’s commercial director Nicky Smart said: “These stores have developed
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5-10-2020 National Retail Federation (NRF) encourages consumers to shop safe and shop early this holiday season across digital, social media, radio and connected TV between October and mid-November in key markets of the United States. “In a year that has been full of uncertainty, we encourage consumers to avoid the last-minute stresses of the holiday season like long lines and shipping
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30-9-2020 Watches of Switzerland USA has acquired pre-owned and vintage timepiece Analog Shift, resulting from a two-year partnership with the opening of the watch retailer of SoHo flagship in New York. “As we began our entry into the US market back in 2018, we saw the pre-owned and vintage segment as a significant area of opportunity and Analog Shift as the ideal partner to help us re
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29-9-2020 The Gem & Jewellery Export Promotion Council (GJEPC) will follow the path of many industry shows worldwide and host India International Jewellery Show (IIJS) in a virtual format from 12-16 October. The IIJS Virtual will have five ‘halls’ for gold jewellery, diamond /coloured stone jewellery, couture/bridal jewellery, loose diamonds/coloured stones/pearls and silver/fash
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28-9-2020De Beers works with British fashion trends consultancy Adorn Insight to explores the influence of pandemic on jewellery design trends for the approaching gifting season this fall and winter. “The pandemic has accelerated some trends that were already underway, such as the desire for craftmanship, authenticity and sustainability, while also generating increased consumer interes
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25-9-2020 The International Gemological Institute (IGI) reveals a new design for all its natural diamond, coloured stone and jewellery reports, set to be available in October this year. The refreshing look comes 45 years after the first diamond report issued in Antwerp, Belgium. Instead of portrait orientation, the report will be presented in landscape orientation on a tearless paper for
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25-09-2020 Simone Jewels will be available at Harrods and at harrods.com starting 15 October 2020, making it the first Singaporean fine jewellery brand selected by the London-based prestigious department store. Available at Harrods is a selection of signature designs that tell an authentic story featuring exquisite craftsmanship and magnificent gemstones, including the ‘Georgian’ necklace fr
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24-9-2020 Worldwide federation of national standards bodies International Organization for Standardization (ISO) has published a 55-page diamond grading standard document, ISO 24016, clarifying definition on diamond terminologies, characteristics and treatments. ISO 24016 applies to natural, unmounted, polished diamonds of more than 0.25 carats.It does not apply to fancy coloured diamond
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23-9-2020 Canadian miner Mountain Province Diamonds has held its first diamond sale in Antwerp, Belgium since February in light of the COVID-19 Pandemic. The sale generated US$8.9 million from the 210,661-carat diamonds sold. BMO Capital Markets mining analyst Ed Sterck commented: “Although volumes and revenues are relatively small, the recommencement of regular sales is a positive sig
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22-9-2020 Bonhams has promoted Leslie Roskind to the head of Jewellery in Hong Kong, effective from 12 October 2020. She will lead Bonhams' team of jewellery specialists in the region and work with the global team on all jewellery sales and projects. Leslie, who is a graduate of the Gemological Institute of America (GIA) and a member of the American Society of Jewelry Historians, has ove
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21-9-2020 Italian Exhibition Group (IEG) announced the success of Voice, the co-hosted fair with Vicenzaoro from 12-14 September in Vicenza. 370 companies and 100 speakers including the World Jewellery Confederation (CIBJO) president Gaetano Cavalieri, World Diamond Council (WDC) president Edward Asscher and De Beers consumer and brands EVP Stephen Lussier participated. Over 600 business-mat
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18-9-2020 In the wake of normalisation of relations between Israel and the UAE, Dubai Diamond Exchange (DDE) and Israel Diamond Exchange (IDE) have signed a strategic agreement to promote cooperation and bilateral trade between the two Middle East’s major diamond hubs. Under their agreement signed during a virtual conference (photo), IDE will open a representative office in Dubai and D
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17-9-2020 Sarine co-launches the first-ever light performance report with China’s National Gemstone Testing Center (NGTC) for China-based Yuanyumei (Y&M) Jewelry, after the signing of a strategic agreement in last year. The report will be applied to the jewellery brand’s Rose D’Amour diamond collection. A launching ceremony "Beloved Roses Heading to the Light" was held at the S
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17-09-2020 Australian South Sea pearl and jewellery veteran Autore Pearls has offered a new take on accessible fine jewellery by launching Autore Moda targeting a discerning young audience. The sister brand was created by Ruby Autore, daughter of Rosario Autore, founder of the Autore Group. Featuring a chic design aesthetic, Autore Moda will be launching the first seasonal collection Elements an
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16-9-2020 Yoram Dvash elected the president of World Federation of Diamond Bourses (WFDB) for a three-year term, after being the acting president for six months, during the recent virtual World Diamond Congress. Entitled “Diamonds in the Next Normal”, the meeting was attended by over a hundred WFDB Young Diamantaires (YD) around the world. During the meeting, Dvash said coronavirus p
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15-9-2020 Latest diamond sales of Alrosa and De Beers show an increasing demand for diamond amid the approaching of holiday season. Alrosa sold133 rough diamonds with a total weight of 2,173 carats and 100 rough diamonds totaling 1,860 carats in Belgium and Israel respectively this September. The auctions brought Alrosa US$20.7 million in revenue. The miner deputy CEO Evgeny Agureev said
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15-09-2020 The 20th Grand Prix d’Horlogerie de Genève (GPHG) has unveiled the list of nominated watches today. Organised by the newly created GPHG Academy, GPHG aims to recognise the year’s finest watchmaking creations. The 20th edition has shortlisted 84 watches across 14 categories to compete for 18 prizes. In the ‘jewellery watch’ category, six nominated timepieces are Serpenti Mist
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14-9-2020 Gem Legacy will host an auction from22-26 September as a celebration event of its second anniversary, with all proceeds raised will funds artisanal miners in Africa to purchase new mining tool kits. A rhodolite garnet donated by Parlé Jewelry Designs, a Nigerian pink tourmaline and spessartine garnet from Roger Dery Gem Design, and a Madagascar green sapphire from Michael Couch &am
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11-9-2020 The Israel Diamond Institute (IDI) and the Antwerp World Diamond Center (AWDC)will hold their second online diamond trade show on the Virtual Diamond Boutique trading platform from 14-17 September. Charges a nominal fee from exhibitors, the platform enables natural diamond buyers and traders to have a real-time video chat, group chat and in-app messaging for 24 hours a day. IDI
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10-9-2020 LVMH calls off its acquisition of Tiffany, prompted Tiffany filing a lawsuit against the French luxury conglomerate for avoiding the completion of the US$16 billion takeover deal and in attempt to force the completion. The French foreign ministry wrote to LVMH’s board asking delay the deal until 6 January 2021 after the United States threatened to implement an additional cust
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9-9-2020 Webinar co-hosted by the Hong Kong Jewellers' & Goldsmiths' Association (HKJGA) chairman Kent Wong and the Asian Gemmological Institute and Laboratory Limited (AGIL) principal Dominic Mok, has invited the chairman of the Hong Kong Gemstone Manufacturer's Association chairman (HKGMA) Patrick Wu to share his fruitful experience in the gemstone industry. Wu has devoted more than 50
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8-9-2020 Rio Tinto has showcased its rare pink, red, violet and blue diamonds from its renowned Argyle mine to an exclusive group of collectors and luxury jewellery houses at a virtual preview. The 2020 Argyle Pink Diamonds Tender collection has 62 diamonds totalling 57.23 carats with 12 of them weighing 13.9 carats titled The Petite Suites and six of them are individual ‘hero’ diam
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7-9-2020 Just a year after Hong Kong jewellery designer Nicholas Lieou established his brand Mr Lieou, he is invited to create a ten-piece capsule collection for Sotheby’s. With designs often starring pearls, the rings and earrings he created for the auction house let exceptional diamonds to be the focal point, yet still manage to capture the jeweller's love for linear symmetry and Art
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4-9-2020 Margaux Donckier and Boaz Lev have joined recently founded diamond tech company HB Antwerp as communications and external affairs director and operations director, respectively. Donckier had been the spokeswoman for Antwerp World Diamond Centre (AWDC) for more than six years. “What really convinced me to get on board was the entirely different approach they are taking, one tha
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3-9-2020 Retail sales Hong Kong racks up the 18th consecutive month of declines in July with sales of jewellery and watches slumped 53.7 percent to HK$2.55 billion in July yoy, Hong Kong’s Census and Statistics Department reported. The total value of retail sales declined 23.1 percent yoy to HK$26.5 billion in July. “The year-on-year decline in retail sales remained notable in July d
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2-9-2020 The Natural Diamond Council (NDC) will unveil a global advertising campaign on 14 September, which focus on emotional connections created by diamond jewellery amid the coronavirus crisis. The about-to-release advertisement was filmed in July and will feature a Hollywood celebrity. Broadcasting on national television across United States, India and China as well as selected digit
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02-09-2020 JA New York, scheduled for 25-27 October, has been cancelled in response to the Covid-19 pandemic. Show organiser Emerald Exposition says in a statement: “Ongoing concerns surrounding the pandemic, including, but not limited to travel restrictions imposed by state and local authorities, the continual rise of infection numbers across the country and internationally, and restrictions
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01-09-2020 Jewellery & Gem World Hong Kong, formerly known as the September Hong Kong Jewellery & Gem Fair, will go online for its 2020 edition which is scheduled for 27-29 October. Organised by Informa Markets Jewellery, Jewellery & Gem Digital World comprises a series of virtual events and services including digital product showcases, custom digital catalogues, personalised showroo
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01-09-2020 GemGenève 2020, the international gem and jewellery show scheduled for 1-4 November in Geneva, Switzerland, comes as another victim from the jewellery show sector amidst the coronavirus pandemic. The travel restrictions and strict sanitary precautions made it impossible for people to interact at the fair, said Ronny Totah, co-founder of GemGenève. Exhibitors will be fully reimbursed
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31-8-2020 Everledger, Gemological Institute of America (GIA) and JD.com, China’s largest B2C online retailer with more than 387 million active users joins force to increase transparency in diamond provenance for online diamond purchase in China. The Everledger platform syncs GIA diamond grading information to the JD Blockchain Anti-counterfeiting and Tracing Platform to provides custom
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28-8-2020 LVMH has delayed its US$16.2 billion acquisition deal with Tiffany by three months, until 24 November. A source familiar with the discussion said Tiffany is exercising the option to apply the date as the ultimate deadline. The ongoing COVID-19 pandemic has posed impact on the sales of luxury conglomerate LVMH in the first half of 2020. It experienced a 27 percent decline in revenue
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27-8-2020 Well-known tourmaline jewellery designer Kat Florence introduces jewellery set with titanium bearing tourmaline from Botswana. Brought by gemstone hunter Don Kogen, Florence is amazed by the sparkle and glow of the titanium bearing tourmaline. Don explained metallic bearing tourmalines are unique. Copper is the trace element which makes Paraiba tourmaline shines brightly, the s
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26-8-2020 Applications for the Gemological Institute of America’s (GIA) US$1 million scholarships are opened to applicants worldwide until 15 October, for all programs start between January to December in 2021. Citizens in the United States are eligible to apply for courses offered at Carlsbad, CA or New York campus, distance education and lab classes. Scholarships for international ap
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25-8-2020 Gem Diamonds recovers a 442-carat at the Letšeng mine in Lesotho. The stone has been sent to Antwerp for evaluation and will be on sale next month. Clifford Elphick, CEO of Gem Diamonds said the rough is one of the world’s largest gem quality diamonds to be recovered this year and once again proves Letšeng mine’s ability to produce large and high-quality diamonds. The
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24-8-2020 A 13.15-carat all-diamond ring called the Beaufort has been revealed by Reid Mackie the vice president of Mountain Province marketing for diamonds, as the third ring crafted from a single diamond and the first to use natural diamond. The ring was made of a 19.6-carat bluish-gray rough diamond unearthed in Canada. The crafting process required laser technology and took two years
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21-8-2020 De Beers conducted its third Diamond Insight Flash Report, which looks at the consumer perspective in the U.S. and how it continues to evolve as the country deals with COVID-19. Interviewed 500 Americans aged 18 and above, 44 percent had more cash flow in the light of the cancellation of travel, dining or other experiences during coronavirus lockdown and travel restriction. One
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20-8-2020 The governments of the United Arab Emirates (UAE) and Israel have signed an agreement on the normalization of relations. Israel economy ministry estimates the trade and investment between two countries could worth US$300-$500 million a year. Yoram Dvash, the World Federation of Diamond Bourses (WFDB) acting president praises the agreement: “The UAE is an important member of t
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20-08-2020 New York-based Gemological Science International (GSI) has recently appointed Alethea Inns (photo) as newly added chief learning officer as part of GSI’s commitment to ongoing education programmes for the trade and consumers. Holder of management and geology degrees, Inns is a GIA graduate gemmologist and a Gem-A FGA specialising in the theory and practice of diamond grading, fancy-
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19-8-2020 Tiffany promises to disclose the full background of its newly sourced diamonds weighing 0.18 carats or above. Starting this October, the countries and regions of where the diamonds are mined, cut, polished, graded and set will be shown on a Tiffany diamond certificate. The diamond supply chain is still opaque. Therefore, the 183-year-old jewellery brand takes the lead to bring
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18-8-2020 Gemfields releases a 44-piece collection in support of Space for Giants’ Walk for Giants, a fundraising and awareness-building campaign for African wildlife conservation. The 44 jewellery pieces are all mounted with the brand’s Zambian emeralds and Mozambican rubies. Bringing creations of 12 of its partnering jewellery brands such as AYA and Margery Hirschey together, the c
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17-8-2020 The 39th World Diamond Congress originally scheduled to take place in Hong Kong in November this year, will be taken place in virtual format on 14-15 September. The biennial event includes a meeting between the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). WFDB Acting President Yoram Dvash said, “Although we have al
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14-8-2020 Tiffany lands in the top 100 of National Retail Federation’s (NRF) list of The Hot 100 Retailers, a ranking of United States fastest-growing retailers. The only jewellery retailer ranks no. 95 on the list, sliding down from no. 68 last year. Determined by the increases in domestic sales between 2018 and 2019, its sales in United States climbed one percent to US$1.82 billion i
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13-8-2020 The Hong Kong Trade Development Council (HKTDC) announces the winners of the 21st edition of Hong Kong Jewellery Design Competition with the theme of ‘Relative.Compatible’. Received around 160 entries, the best of show award & craftsmanship and technology award in the open group goes to Lee Wing-yan’s Freedom and Bondage earrings which serves as a metaphor for the
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12-8-2020 Bulgari recreates 16th century Rome with its latest collection ‘Barocko’ that the Bulgari managing director Mauro Di Roberto described the most stunning high jewellery collection been created in many years, which is ‘very rich, very Baroque, very Rome’. The collection is comprised 50 high jewellery ranging from necklace to drop earrings. Took over 1,500 hours to complet
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11-8-2020 Alrosa reveals its sales of rough and polished diamonds in July were US$35.8 million, dropped 79 percent yoy. Sales for the first seven months of 2020 were US$1,027 million, including US$978 million of rough diamond and $49.0 million of polished. The miner hit a rock bottom in April totaled US$15.6 million. Alrosa deputy CEO Evgeny Agureev said the diamond value chain is challe
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10-8-2020 World Federation of Diamond Bourses (WFDB) acting president Yoram Dvash publishes a newsletter encouraging diamond industry players to be optimistic, as WFDB sees ‘some signs that promise a light at the end of the tunnel’. The hopeful signs after diamond imports and exports slumped 70 to 80 percent in the first half of 2020 included: – Diamond prices are for the most pa
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10-8-2020 After the successful webinars on diamonds and gold, the Hong Kong Jewellers' & Goldsmiths' Association (HKJGA) held an informative online seminar on pearls last Friday. The event was co-hosted by HKJGA chairman Kent Wong and Dominic Mok, principal of the Asian Gemmological Institute and Laboratory Limited (AGIL). Yvonne Pong, director of Wing Hang South Sea Pearl Company Limi
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7-8-2020 eBay in India launches Gems and Jewelry Certification program (GJCP) to the country’s jewellery industry and build global presence through offering jewellery certified by the International Gemological Institute (IGI) on the e-platform. Thanks to the reputation of IGI on its grading standards, Indian jewellery sellers can sell products on eBay with three simple steps: place items o
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7-8-2020 A follow-up meeting for the 9thAsean+6 Gems & Jewelry Presidents’ Summit held in mid-July was convened yesterday on strengthening trade ties among Asean and neighbouring countries and regions where are under tremendous pressure amidst the Covid-19 pandemic. Virtual exhibitions, breaking trade barriers and joint marketing efforts were generally agreed by the panelists as the mea
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6-8-2020 The Women's Jewellery Network (WJN) announces its immediate closure. Member networks and official website will be taken down within the next month. WJN voices for women working in the jewellery industry. The platform gathers women who want to find advice and build rapport with their industry peers, and in turn the support, connections and inspiration to further their career ambi
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06-08-2020 An online meeting of jewellery and gemstone industry representatives from Hong Kong and Thailand held last Thursday probed into the future opportunities and challenges brought by the Covid-19 pandemic, and how digital tools can facilitate Hong Kong-Thai trade. Sponsored by Thailand’s Department of International Trade Promotion (DITP), the discussion was attended by Chanunpat Pisanap
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5-8-2020 Informa Markets has entered into strategic cooperation with London-based jewellery supply chain provider Atelier Technology to launch a digital platform for jewellery business growth. The first online event will take place on 27-29 October 2020. The platform contains custom digital catalogues, assortment management solutions and personalised showroom technology. Buyers will rece
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4-8-2020 Platinum Guild International (PGI)’s consumer during and Post the COVID-19 Crisis report reveals that jewellery consumer sentiment and behaviour for the four key platinum jewellery markets: United States, Japan, China and India. Over 1,000 platinum jewellery buyers were interviewed in late April to early May. All four markets share the same phenomenon. Pandemic reminds people
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3-8-2020 Department of International Trade Promotion (DITP) has decided to reschedule the 66th Bangkok Gems and Jewelry Fair (BGJF), themed Thailand’s Magic Hands: The Spirit of Jewelry Making, to 23-27 February 2021. Originally takes place 7-11 September 2020, BGJF has postponed due to the concerns on the well-being and safety of industry players, despite there is no local COVID-19 in
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31-7-2020 The International Gemological Institute (IGI) has announced its 2020 JEWEL Jewelry Design Contest and Gem Jewellery Export Promotion Council (GJEPC) has inaugurated Draw A Design competition. Required no cost to participate, both welcome entries from jewellery professional, designers and students. The theme of 2020 JEWEL Jewelry Design Contest is “Collision and Fusion” and
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30-7-2020 Responsible sourcing jewellery brand Brilliant Earth teams up with Alrosa’s initiative Diamond That Care to introduce limited-edition jewellery collection. 10 percent of proceeds from sales will donate to Feeding America’s COVID-19 Response Fund. Nine designs ranging from drop earrings to strand necklace all handcrafted from recycled gold and featuring natural diamonds of b
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29-7-2020 Nine De Beers sightholders have committed to create a sustainable and environmentally responsible manufacturing practice in a virtual meeting held by De Beers’ Antwerp-based diamond consultancy Gemdax. The nine, which are also clients of Gemdax, are D Navinchandra Gems, Dianco, Diamant Impex, Diarush, HVK International, Hari Darshan, H Dipak and Co, Yaelstar, and StarRays. Cu
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28-7-2020 Gemological Institute of America (GIA) and IBM Research has developed an artificial intelligence (AI) system for automatisation of diamond clarity grading, which GIA’s laboratories in New York City and Carlsbad currently in use. The technology uses data from tens of millions diamonds GIA laboratories have examined with GIA’s grading standards. GIA EVP Tom Moses noted tha
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28-07-2020 After months of listening, identification and creation, Baselworld organiser MCH has launched a new platform to meet the needs of the world’s watch, jewellery and gemstone industries. Named HourUniverse, the B2B2C initiative is digitally active throughout the year with an annual live show. The 2021 edition is scheduled for April in Basel, Switzerland, aligning with the watchmaking e
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28-07-2020 JJA Shop, a brand new e-shop developed by the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), will make its debut launch on 3 August 2020, next Monday. Seeing the authentic needs of members, their families and friends for quality anti-epidemic supplies in Hong Kong amidst the lingering Covid-19 pandemic, HKJJA has aspired to provide them with a one-stop sourcing mark
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27-7-2020 Luk Fook’s total same-store sales in first fiscal quarter ended 30 June slumped 71 percent, crippled by the ongoing coronavirus pandemic, with gold products and fixed price jewellery products plunged 67 percent and 77 percent respectively. Border restrictions brought the same-store sales in Hong Kong and Macau to a 76 percent decline. Consumer sentiment in Mainland and Hong
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24-7-2020 Alrosa auctioned special-size diamonds over 10.8 carats at auctions held in Belgium and Israel produced US$6.8 million in July. The Belgium auction sold 86 gem-quality rough diamonds weighing a total of 1,350 carats to 22 companies from Belgium, Israel, the UAE and India. Auction at Israeli fetched US$2.7 million for the sale of 70 gem-quality rough diamondsweighing 1,066 carat
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23-7-2020 The 2020 edition of JCK Virtual which takes place online from 11 to 14 August, has opened for registration of no-cost attendance to qualified jewellery buyers and professionals. Sarin Bachmann, Reed Jewelry Group vice president said: “JCK Virtual is the unmissable virtual jewellery and watches event of the year to reconnect with peers and accelerate your business and networki
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22-7-2020 Petra Diamonds has entered into an agreement with Botswana Diamonds to sell its holding in Sekaka Diamonds Exploration for a total consideration of US$300,000 and a five percent royalty on future diamond revenues. Richard Duffy, Petra chief executive commented: “This disposal forms part of our strategy to focus on driving efficiencies from our high-quality producing mines, bu
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21-7-2020 In US Dollar terms, gold has surged 19 percent to the highest since 2011 while silver reaches its highest price since 2016 this Monday, as monetary policy loosened and coronavirus impact on global growth. Citibank expects gold price which currently around $1,820, can reach a new record high of almost US$2000 per ounce in the coming six to nine months, Goldman Sachs and some oth
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20-7-2020 De Beers has invested in Gemist, a United States-based digital jewellery brand which gives customers the opportunity to design their own jewellery piece online that provides innovative retail experience for jewellery shoppers around the world. From engagement ring to earrings, customers can choose from a list of metals, gemstones and settings on the direct-to-consumer platform.
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17-7-2020 Lucara Diamond has a definitive supply agreement with Antwerp-headquartered HB Group to sell all diamonds weighing over 10.8 carats unearthed at its Karowe Diamond Mine in Botswana through the end of 2020. The purchase price paid by HB Group shall be based on estimated polished outcome, which will be determined by scanning and planning results. Revenue generated after the sale
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17-07-2020 Initiated by the Thai Gem and Jewelry Traders Association (TGJTA), an online meeting was held yesterday with presidents of major gem and jewellery associations in Asia to update each other on the impact of the novel coronavirus outbreak on the industry, the post-pandemic operation, and future cooperation among the Asean states and supporting regions. Named the 9th Asean+6 Gems & J
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16-7-2020 Hong Kong-based coloured diamond specialist Kunming Diamonds, which Rio Tinto describes the company trustworthy and maintains a high level of transparency, is now one of the 13 Authorised Partners for the miner’s Argyle pink diamonds, joining Chow Tai Fook (CTF). Rio Tinto’s Argyle diamond mine is set to close by 2020. Harsh Maheshwari, Kunming Diamonds director said: “No
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16-07-2020 Three pieces of spectacular jewellery created by celebrated jewellery artist Anna Hu of Anna Hu Haute Joaillerie were sold at Christie’s online auction 3-13 July for HK$2,612,500 or US$338,781. Proceeds will go to support families of healthcare workers who lost their lives to the novel coronavirus. The charitable auction was a collaboration with Anna Hu, Christie’s and Diamonds
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15-7-2020 Thailand’s Department of International Trade Promotion (DITP)hosts a webinar titled ‘Managing the Crisis, Mitigating the Impact with Survival & Revival Strategy for Jewelry Industry Related Post COVID-19’, to explore potential jewellery business opportunity between Thailand and India. Sanjay Kothari, former chairman of the Gem and Jewellery Export Promotion Council of
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15-07-2020 Magnificent fei cui, as always, stole the limelight at Tiancheng International’s jewellery auction held on 7 July 2020. An extraordinary fei cui bangle (photo 1) of luminous emerald green colour with a lustrous sheen fetched HK$3.6 million or US$462,000 after rounds of fierce biddings. Different from traditional rod-shaped bangle, this one features a flattened interior rim offering
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15-07-2020 Phillips Hong Kong jewellery auction held last Wednesday fetched a total of HK$47 million or US$6 million, a 54-percent up over the previous year’s sale. The hero lot went to an 18-karat white gold ring set with an exceptional step-cut 21.52-carat no-oil Colombian emerald flanked by two half-moon diamonds (photo 1) sold for nearly HK$9.2 million. A platinum Harry Winston ring with a
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14-7-2020 Platinum Guild International (PGI) reports that China jewellery industry is in themidst of a V-shaped recovery in the second quarter of 2020, with platinum jewellery manufacturers has seen greater demand volume and steady recovery in platinum business through April and May. Retailers have witnessed sales of platinum jewellery reaching 80 percent yoy since reopening. There has b
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14-07-2020 Christie’s Hong Kong July 2020 auctions finished yesterday with a total of HK$1.8 billion or US$239 million. Thirteen world auction records were set across all categories, including unique two Patek Philippe watches. Eighty-eight percent of all lots offered were sold. Robust Asian participation, high level of digital engagement and the involvement of millennial buyers marked the suc
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13-7-2020 Two fancy vivid coloured heart-shaped diamond rings, the individual lots that Sotheby’s highly promoted as a pair garnered US$18.6 million at Sotheby’s Hong Kong Magnificent Jewels auction held 10 July. The fancy-vivid-blue diamond weighed 5.04-carat and the 4.49-carat fancy-vivid-pink diamond are both flanked by two pear-shaped diamonds, hammered over US$10 million and US$
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10-7-2020 Chow Tai Fook (CTF) offers Sailor Moon, Disney and Pisi's Toy Story collection via smart vending machines in residence at Langham Place until 31 July. Discounts and free gifts would be given to promote this new jewellery purchasing experience. The 18K white and rose gold Cutie Moon Rod and Star Power Sticks of the five heroines in the Sailor Moon animation are created in real
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9-7-2020 Jewellery & Gem WORLD Hong Kong (JGW) has been rescheduled for 9 - 13 November 2020 at AsiaWorld-Expo (AWE) and Jewellery & Gem ASIA Hong Kong (JGA) is set to hold its next edition in June 2021 due to coronavirus and associated travel restrictions. Until at least September 18, all arrivals to Hong Kong by air will be subject to compulsory quarantine for 14 days, causing
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09-07-2020 Malca-Amit has become an authorised shipper for Get Diamonds, offering platform members special benefits. After joining the World Federation of Diamond Bourses (WFDB) as an associate member last month, Malca-Amit has launched a benefit programme for Get Diamonds members including 10-20% discounts on domestic express shipment, storage services, inspection services, etc. Malca-Amit is
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8-7-2020 Dubai has welcomed leading lab-grown diamond company Lumex to set up its base of operations in the Dubai Multi Commodities Centre (DMCC) Free Zone. “Looking ahead, there is cause for optimism. Dubai has always been a destination for pioneers. The city attracts those who are motivated by new discovery and want to push the boundaries of what is possible. Lumex is a case in point
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7-7-2020 Hong Kong Jewellers' & Goldsmiths' Association (HKJGA) vice-chairman Lau Hak Bun hosts a webinar today, with Metals Focus consultant Simon Yau as the guest speaker, to discuss the global gold market, mine status and industry innovations. Yau noted that China and India are key gold consuming countries by demanding approximately around half of the global consumption. Currentl
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6-7-2020 From July to August, Tiffany will donate 100 percent of sales proceeds from its Infinity collection to CARE, an organization that supports women and people of colour affected by COVID-19 with a minimum commitment of US$2 million to the organisation. The collection comprises 37pieces of bracelets, rings, earrings and pendants, ranging from a US$150 sterling silver pendant with an
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3-7-2020 Dubai Multi Commodities Centre (DMCC) signs of a Memorandum of Understanding (MoU) with the Guangzhou Diamond Exchange (GZDE) to strengthen ties and create new diamond trading opportunities between Dubai and China. “This agreement will further advance the strong and longstanding cultural and commercial ties that exist between the UAE and China, and extend our support to both
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2-7-2020 A 28.86-carat D-colour emerald-cut diamond ring is hammered for US$2.1 million at Christie’s online auction ran 16-30 June, setting a record for jewellery sold in a virtual auction. The diamond received 31 bids from four countries.“The sale of this exceptional stone established the record for a jewel sold in an online-only auction, demonstrating greater client confidence in
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30-6-2020 The 2020 edition of JNA Awards revealed its list of honourees across seven categories virtually, followed by an online panel discussion featuring industry thought leaders. Among entries across from 11 countries and regions, 32 nominees are shortlisted by the five-member panel of judges including: Shanghai Gold Exchange international advisor Albert Cheng, Asia Pacific Institute
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29-06-2020 The 66th Bangkok Gems & Jewelry Fair (BGJF) scheduled for 7-11 September at Impact’s Challenger will now be held online amidst the coronavirus pandemic, according to show organiser Department of International Trade Promotion (DITP), Thailand. DITP said the show will take an adaptation strategy to go online for the first time in the 66th edition. “To welcome the New Normal, the
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26-06-2020 Yoram Dvash (photo), acting president of the World Federation of Diamond Bourses (WFDB), delivered his optimistic vision of the diamond industry amidst the novel coronavirus pandemic as well as his concern over transparency in pricing in a letter on Wednesday. He said that the world diamond industry is gradually getting back on its feet after months of lockdown worldwide due to the vi
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24-6-2020 Jewellery designer Christina Malle collaborates with Pure Earth to support their Pure Earth Pure Gold Jewelry Auction for the third year in a row. A south sea pearl necklace set in 18K fairmined gold from her pearl capsule collection is donated to the event. As a member of Ethical Metalsmiths, the materials Malle applied in jewellery pay miners and cutters a fair wage, no ch
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24-06-2020 The Italian Exhibition Group (IEG) and Vicenzaoro will co-launch a new fair, Voice, in September in Vicenza hoping to relaunch business and export activities for the gold and jewellery sector which has been deeply affected by the pandemic since the start of the year. Scheduled for 12-14 September 2020, Voice will be held at Vicenza’s expo centre and other areas in the city. Besides
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23-6-2020 Diamantino Pedro Azevedo, the Minister of Mineral Resources and Petroleum of Angola has announced plans to establish its diamond bourse and hub as it seeks to consolidate its position as a player on the world market. Invested US$77 million and expected to complete by November, the hub will contain a gemmological academy, a technological research centre and a manufacturing plant
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22-6-2020 The Jewelers Vigilance Committee (JVC) has released digital resource to guide the industry players in the United States to market and advertise under the July 2018 revisions of Federal Trade Commission (FTC) jewellery guidelines. “JVC created this book to decipher the complex laws and regulations that govern the manufacture, sale, and advertising of jewellery and help industr
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19-6-2020 Lockdowns made customers want to feel connected and plan to purchase meaningful gifts for love ones, according to research by De Beers. “The COVID-19 crisis and associated lockdowns have caused people all around the world to re-evaluate aspects of what’s important in their lives and have reinforced the value of personal relationships,” De Beers CEO Bruce Cleaver said. 56
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18-6-2020 Dominion Diamond Mines has sued its partner at Diavik mine, Diavik Diamond Mines Inc. (DDMI) in the Supreme Court of British Columbia, where Dominion is incorporated, alleging that DDMI maintained full operations at the mine while knowing that Dominion has no ability to pay for such cash calls and created a liquidity crisis for Dominion that rendered it insolvent. Dominion accu
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17-6-2020 Italian jeweller Valobra Master Jewelers created the Defeating the Coronavirus pin salutes front-line health care workers who have fought with the coronavirus. Franco Valobra, the fourth generation of the Valobra Master Jewelers said: “I had a clear image of the symbol of medicine (the caduceus, a commonly used symbol), stabbing through the coronavirus, but also clearly tower
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16-6-2020 Chow Tai Fook (CTF) joins the World Federation of Diamond Bourses (WFDB) as its first associate members beyond diamond trade. Albert Chan, CTF executive director has been appointed as an observer on the WFDB Executive Committee. The WFDB founded as a bourse for international rough and polished diamond trade since 1947. Yoram Dvash, the acting president elected in mid-April said
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15-6-2020 JCK will hold jewellery show in a virtual format named JCK Virtual 2020 from 10-14 August, featuring e-showrooms from over 1,000 exhibitors, webinars, online networking platform, product recommendations and company matchmaking. Themed reconnecting, an online showroom will be offered to all JCK 2020 exhibitors who have also committed to, and have at least 20 percent paid for, 20
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15-06-2020 Despite the easing threat of the coronavirus pandemic across the world, the long-awaited twin shows organised by the Hong Kong Trade development Council (HKTDC) were officially cancelled due to the extended compulsory quarantine regulation in the city. According to the circular HKTDC sent to exhibitors last Friday, the Hong Kong International Diamond, Gem & Pearl Show and the Hong
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12-6-2020 A group of 50 jewellery industry companies launched the Art Smith Memorial Scholarship Foundation and co-found a US$50,000 funding within two days for black students who would like to attend jewellery design program to apply for scholarships and mentorships at the Fashion Institute of Technology (FIT). The foundation name pays homage to influential mid-century black jewellery d
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11-06-2020 A fancy coloured diamond jewellery parure created by renowned jewellery artist Anna Hu of Anna Hu Haute Joaillerie will be sold at Christie’s charitable online auction, 3-13 July, in collaboration with leading diamond producer Alrosa. The parure comprises a necklace, a ring and a pair of earrings in 18-karat gold with fancy coloured and white diamonds. The rich brown diamonds, inclu
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11-06-2020 The lingering coronavirus pandemic started early this year has brought the jewellery manufacturing industry to a standstill. Some of the most prominent industry players in Hong Kong expressed their very concerns over the lacklustre business environment to member of legislative and executive council Jeffrey Lam at a meeting yesterday, in the hope to find ways to ride out the storm. Org
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10-6-2020 Tiffany wordwide sales sank 45 percent in its Q1 financial results for the three months ended 30 April. Revenue in key markets like the United States and Japan were down significantly during the first quarter. Sales in the United States plunged 45 percent. China was the first market to see a rebound. Retail sales in China up for 30 percent yoy in April and jumped 90 percent in
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10-06-2020 The Hong Kong Jewellers’ and Goldsmiths’ Association (HKJGA) has held an online sharing session on fei cui yesterday afternoon. Hosted by HKJGA’s vice chairman Lau Hak Bun, the event invited chairman of the Hong Kong Jade Association (HKJA) Law Chi Kwong to shed light on fei cui knowledge, tips for buying fei cui and consumer confidence, while expressing his aspirations to nurtur
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9-6-2020 Edward Asscher succeeds Stephane Fischler, whose two-year term of World Diamond Council (WDC) president comes to an end, focusing on promoting natural diamond’s potential to act as a catalyst for social and economic development. He is currently WDC's vice-president and served a term as president from 2014 to 2016. “I am honoured to be able to serve once again as WDC Presiden
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8-6-2020 Pandora has confirmed its commitment to move from using 71 percent of recycled silver and gold to fully recycled by 2025, cutting carbon emissions by two-thirds for silver and approximately 99 percent for gold. Accounts for 75 percent of its total metal use, 340 tonnes of silver and 300kg gold were used each year. Given that these jewellery materials can be recycled forever wit
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05-06-2020 The World Jewelry Design Award 2020 organised by the Gem and Jewelry Institute of Thailand (Public Organization) or GIT is calling for entries till 30 June 2020. Themed ‘Beyond Jewelry: Artistic Elegance of Gems’, the competition encourages international contestants to create “more than ordinary jewellery without limitation of the material used”. Duangkamol Jiambut, director
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5-6-2020 Fabergé will donate 50 percent sales proceed from their Colours of Love Multicolour and Rainbow Fluted Rings as well as the newly-launched Rose Gold Rainbow Surprise Locket to support the Hunger Project’s COVID-19 Appeal’s work on helping people across Africa, South Asia and Latin America until 31st August 2020. “During this challenging time, we must all stand together an
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4-6-2020 Swiss Gemmological Institute (SSEF) has launched origin and provenance service, in collaboration with the Institute of Forensic Medicine at the University of Zurich. The service is an expansion of the organisation’s DNA fingerprinting technology and built on its decades of pearl research. Eight oyster species found in the natural and cultured pearl trade as stated below can be id
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3-6-2020 Over 10,000 people enrolled in more than 25,000 introductory online Gemological Institute of America (GIA) Essentials courses including Jewelry Essentials, Colored Stone Essentials and Diamond Essentials, reaping benefits from the Institute’s free class offers amid virus outbreak. The annual number of enrollments are three times than usual. May and June cost-free offers hav
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2-6-2020 Diamond Producers Association (DPA) has revealed its new name the Natural Diamond Council (NDC) and launched a new campaign Only Natural Diamonds, which contains promotional, editorial, entertainment and information content. Its new digital platforms will speak to the younger audience in a different way. The Only Natural Diamonds website is divided into five categories: Epic Dia
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02-06-2020 The Jewelers of America (JA) announced its Case Awards 2020 winners during a JA virtual national convention last Thursday. The annual jewellery design contest honours JA members who create jewellery pieces with the highest levels of creativity, artistry, skills and excellence in quality and style. Down below is the winners from the eight categories. Retailer: Jewellery up to US$2
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01-06-2020 Christie’s Hong Kong will stage the magnificent jewels live auction in July at its headquarters in Central. Among the highlights are a fancy intense blue diamond ring and a star ruby pendant necklace. The diamond ring is set with a marquise brilliant-cut 12.11-carat fancy intense blue IF diamond (photo 1) with an estimate of HK$65 million – $95 million/ US$8 million – $12 millio
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29-5-2020 The DELGATTO Diamond Finance Fund (DDFF), a non-bank lender for jewellery industry, introduces first ever online finance platform in the industry history. Traders who owns inventory on IDEX Online trading platform will be able to have an instant financing estimate from DDFF by simply a click on an individual stone. The collateral-based finance available online could be from US$
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28-5-2020 Diamond Producers Association (DPA) funded by seven mining companies including De Beers and Alrosa, has revealed plans to relaunch and rebrand. The previous marketing slogan, ‘Real is rare, real is a diamond’ and its website will be replaced. “It’s our objective to be the number-one destination globally for consumers coming into websites looking for information, inspira
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27-5-2020 Swiss watch exports made from precious metal plunged 82 percent to US$310 million in April, the deepest dive in at least two decades, the Federation of the Swiss Watch Industry reported, as production and sales halted due to virus pandemic. Watch orders from China, the best-performing market declined 52 percent in February has shown recovery. Exports dropped 16 percent in April
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26-5-2020 Alrosa has lowered its production guidance for 2020 from 34 million carats to 28 to 31 million carats after the recommendation to review cutting spending and production due to the crisis facing by the rough and polished diamonds market worldwide. “In this context, major diamond producers allowed cutters not to purchase the volumes contracted before in an attempt to pull all p
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25-5-2020 JNA Awards will hold its ninth edition of awards ceremony and gala dinner at Rosewood Hong Kong on 14 September during Jewellery and Gem WORLD Hong Kong as the past editions. “It is often said that ‘out of adversity comes opportunity.’ The same rings true for our industry today, wherein a pandemic has highlighted the need to be resilient, adaptable and flexible. Now more
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22-05-2020 The Jewelers Board of Trade (JBT) has appointed Ann Arnold (photo), chief strategy officer for Buyers International Group, to be chairman of the board. Arnold has volunteered with JBT for nearly 12 years and served on the board as vice chairman. She succeeds Mike Kaplan, president of Rocket Jewelry Box, as chairman. "It is critical to our growth that we continuously execute on the ri
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21-05-2020 The April-May jewellery and watch online sales held by Christie’s Hong Kong have achieved highest-ever sale totals of HK$23.6 million. The jewellery sale, from 28 April to 8 May, achieved a total of HK$10,935,375 with a Cartier 18-karat yellow gold diamond necklace being the top lot sold for HK$350,000 (photo). Eight-nine percent were sold by lot and 138 percent sold by value. Over
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20-5-2020 “DNA fingerprinting: an effective tool for taxonomic identification of precious corals in jewelry”, a study authored by researchers from the Swiss Gemmological Institute (SSEF) and the University of Zurich’s Institute of Forensic Medicine (IRM) helps SSEF to promote transparency, traceability and sustainable use of precious corals in the jewellery industry. The study appl
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19-5-2020 Jewellery from fine jewellery store was the most popular gift among 11 gift options during Mother's Day in the United States, the first gift-giving holiday after the outbreak of coronavirus, according to MVI Marketing’s research report completed by 405 interviewees. 57 percent and 13 percent of husbands bought jewellery and watch respectively for their wives, while 31 percent
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18-5-2020 Israel Diamond Exchange (IDE) president Yoram Dvash said the country’s diamond sector, which accounted for about 9 percent of exported goods in 2019, has lost US$300 million revenue due to the coronavirus. Diamond trade of Israel declined 90 percent yoy. The estimated transactions in March and April worth US$1.5 billion vanished into thin air. Dvash said there is no money com
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15-5-2020 Lucapa Diamond recovers a 171-carat white diamond, the 15th 100 plus carats rough at its Lulo minesince operation began in 2015. Two mining blocks of the mine have already unearthed 13 of the 15 diamonds over 100 carats retrieved at the mine. “The recovery of this 171-carat, gem-quality, white diamond continues to underpin the potential of the kimberlite-exploration program,�
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14-5-2020 Bain & Company predicted global revenue for luxury goods would contract between 20 and 35 percent in the whole 2020 following a 25 percent slump in the first quarter of 2020, which may take two to three years to return to 2019 global sales of around US$303 billion. The Bain & Company Luxury Study 2020 Spring Update's lead author Claudia D’Arpizio commented the coronavirus
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11-5-2020 De Beers has launched an e-commerce platform named Buy platform for its registered buyers to buy rough diamond anytime, anywhere. The platform is one of several initiatives of De Beers Group Auctions, which accounts for roughly 10 percent sale of De Beers' rough diamond supply by value. It offers both high-end and affordable goods with prices visible to customers at the point o
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8-5-2020 Jewellery & Gem ASIA Hong Kong (JGA) slated to run from 25- 28 June at the Hong Kong Convention & Exhibition Centre (HKCEC), has rescheduled to take place from 26- 29 November at AsiaWorld-Expo (AWE), JMA Hong Kong International Jewelry Show will hold concurrently with at Hong Kong Convention and Exhibition Centre. JGA organiser Informa Markets will launch a virtual even
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08-05-2020 The MCH Group, organiser of Baselworld, announced yesterday the cancellation of its coming edition which was once postponed to January 2021. New business platforms will be examined, it says. According to the statement of 7 May, the show management and the exhibitors have reached an agreement on the settlement for the cancelled fair. “I welcome the constructive attitude of the repres
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7-5-2020 Alrosa will suspend mining operations at two assets, Aikhal and Zarya from 15 May to 30 September and to 30 December respectively. The duo account for around seven percent of Alrosa’s diamond output in carat produced a total of 2.6 million carats in 2019. "The decision was taken due to the decrease in demand and sales for diamonds, as the major consuming economies are struggli
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6-5-2020 Sales of jewellery, watches and clocks, and valuable gifts plummeted 75.2 percent yoy in March to US$213.6 million, the second most precipitous monthly shrink following February. Hong Kong’s retail sales slump 42 percent in March to US$2.7 billion, the 14th consecutive month of contraction, amid “COVID-19 pandemic and resulting anti-epidemic measures brought inbound tourism
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5-5-2020 India’s eight diamond production units at Surat’s Special Economic Zone and some units of gemstone cutting in Jaipur have resumed operations, while Antwerp’s four diamond trading halls will reopen next week. Ten shipments of diamonds were exported from the Surat Hira Bourse to Hong Kong last Wednesday, reported by the Gem & Jewellery Export Promotion Council (GJEPC). A
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4-5-2020 An iconic Cartier “Tutti Frutti” art deco bracelet hammered in a single-lot online sale held by Sotheby’s New York at US $1.34 million, the highest price for any jewel sold in an online auction as well as the highest price for any jewel sold at auction in 2020 by any house. The tutti frutti piece stars Moghul-cut emeralds, rubies and sapphires set in platinum with diamonds
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29-4-2020 Dominion Diamond Mines has requested an extension to insolvency protection under the Companies’ Creditors Arrangement Act granted from the Alberta Court of the Queen’s Bench which will expire on 2 May, as the mining company has no ability to generate sufficient revenue to support its ongoing financial obligations currently. The company has US$180 million of diamond inventor
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28-4-2020 De Beers slashes forecast diamond production for 2020 from between 32 million to 34 million carats to between 25 million and 27 million carats as lockdown measures have impacted diamond mining activity and consumer traffic in key markets. “Lockdown measures have significantly impacted diamond production in southern Africa, manufacturing in India and retail operations in the U
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28-04-2020 The Fancy Color Diamond Research Foundation (FCRF) has decided not to publish the Q1 2020 edition of its Fancy Color Diamond Index (FCDI) due to the temporary halt of the fancy coloured diamond trade amidst the novel coronavirus pandemic. According to FCRF, the transaction volume in Q1 was not enough to establish accurate market pricing data for the majority of fancy coloured diamond
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27-04-2020 To celebrate its 70th anniversary, Hong Kong retail chain King Fook Jewellery has recently launched a privilege shopping card for customers to enjoy discounts offered by selected restaurants and outlets. On spending HK$15,000 or more at any King Fook Jewellery or Masterpiece by King Fook boutiques, customers can earn a status of a Premier member of the brand, and receive a limited-edi
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27-4-2020 Gem Diamonds announced the Lesotho government has permitted the re-opening of its Letšeng mine on 27 April, despite general lockdown in the country have been extended until 5 May. To date, there have been positive case of COVID-19 reported in Lesotho. The company has prepared “a phased ramp-up plan which is compliant with health and safety protocols formulated by health expe
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24-4-2020The world's second-biggest gold buyer India's gold consumption in 2020 is estimated to fall as much as 50 percent, according to Indian Chamber of Commerce, as a result of jewellery stores closure during key festivals and wedding season. "We have never seen such kind of demand destruction happening. Sales are zero during the lockdown," he added. N. Anantha Padmanaban, chairman of the
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23-4-2020 The Goldsmiths’ Company and Charity launched its £1 million Covid-19 fund for jewellery and silversmithing industries in the United Kingdom Applicants should be self-employed, sole traders, or running micro-businesses employing four people or fewer (including the applicant), to apply for a grant and/or an interest-free loan, by completing an online eligibility questionnaire.
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22-4-2020 This year editions of JCK Las Vegas, the largest jewellery trade show in the United States and JCK Luxury earlier postponed to June has been cancelled buoyed by the ongoing coronavirus pandemic. JCK & Luxury group vice-president, Sarin Bachmann commented on the cancellation: “We know this decision impacts the entire industry and it was not made lightly.” The shows organ
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21-4-2020 Ernie Blom, who has led the World Federation of Diamond Bourses (WFDB) as the president for eight years has stepped down temporarily. The WFDB’s executive committee elected the Israel Diamond Exchange (IDE) president Yoram Dvash acting president in a Zoom meeting. “Due to medical, family and personal reasons I am unfortunately temporarily unable to continue in office as pre
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20-4-2020 A survey conducted on behalf of the Silver Institute’s Silver Promotion Service (SPS) by Instore Magazine indicated that silver jewellery sales in the United Stateswere robust in 2019 with 59 percent jewellery retailers reporting sales raise. The average store growth last year for silver jewellery sales was 12 percent. It topped the best-maintained margins during the holiday
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17-4-2020 Alrosa starts its first half of Q1 with a 15 percent raise in diamond sales, but ends up declining 10 percent for the whole Q1 due to coronavirus outbreak. In December and January, diamond sales were “quite robust” as consumer sentiment improved across key markets for diamond jewellery, inventories at the midstream normalised, polished diamonds prices began to recover. T
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16-4-2020 British jewellery brand Theo Fennell hosted an auction on its website to hammer five one-of-a-kind pieces from 6-13 April with 15 percent of the highest bid on each piece proceeds go to Kensington and Chelsea Foundation’s Covid-19 Appeal. The lots included an emerald ring, 4.48 carats chrysoberyl and diamond ring, amethyst and peridot cuff bangle, red garnet and freshwater pe
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15-4-2020 Five watch heavyweights, Rolex, Patek Philippe, Tudor, Chanel and Chopard jointly announced they will withdraw from Baselworld following a letter by Baselworld exhibitor’s committee president Hubert du Plessix urging for a full refund of fees for brands set to exhibit in the canceled 2020 edition. In the statement, the brands said they would launch a new trade fair in Geneva
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14-4-2020 Baselworld organiser MCH Group refused to refund 100 percent of exhibitors’ fees for the cancelled 2020 edition has angered the exhibitors. The organiser announced two options for registered participants on 3 April to either carry forward 85 percent of payment on the cancelled fair to Baselworld 2021, with the other 15 percent to be kept by MCH Group to “serve to partially
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9-4-2020 The coronavirus pandemic has caused cancellation and postponement of industry events worldwide, Hong Kong Jewellers' & Goldsmiths' Association (HKJGA) chairman Kent Wong hosted a webinar on Zoom Cloud Meetings platform on 8 April to discuss diamond industry dynamics. The one-hour webinar featured a guest industry speaker –Diamond Federation of Hong Kong (DFHK) founding pre
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09-04-2020 The Hong Kong International Diamond, Gem & Pearl Show 2020 and the Hong Kong International Jewellery Show 2020 organised by the Hong Kong Trade Development Council (HKTDC) will now be held 3-6 August at AsiaWorld-Expo. This is the third schedule of the twin-fairs in response to the development of the global coronavirus pandemic. Originally set for 2-8 March, the two fairs were pos
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8-4-2020 Diamond giants Alrosa and De Beers provide financing to help halt the spread of the coronavirus in their based countries and partner countries. Alrosa CEO Sergey Ivanov sold half of his stake in the company for more than US$200 thousand to fight against the spread of virus in the Mirny district of Yakutia. “All proceeds from the sale will be used to pay for medicines, medical
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7-4-2020 More than 500 international diamond traders from the major diamond trading centres Antwerp, Dubai, Mumbai, New York and Israel removed their products from the leading polished trading diamond platform RapNet are in search of an independent, transparent, third-party operated polished diamond trading and buying platform, for diamond traders and retail jewellers worldwide. The move
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6-4-2020 De Beers offers their US$250 worthy Diamond Foundation Course to the diamond industry during the coronavirus outbreak free of charge. The diamond giant stated on its website: “During this time of social distancing and isolation, businesses must find ways to adapt and remain productive. Staying in contact with clients and engaging them may be more difficult than usual during th
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3-4-2020 The 9th AEC Gems & Jewelry Presidents' Summit, originally scheduled for 3 March and had been postponed to19 May, has been cancelled due to the coronavirus epidemic. The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), the host of this year’s summit said in a statement: “In view of the worsening situation of the coronavirus (COVID-19) and the tightening o
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03-04-2020 Sotheby’s Hong Kong will be holding online auctions for jewellery, watches and art pieces in April and May 2020. The two jewellery sales are scheduled for 7-15 April and 12-21 May. The ‘Watches Weekly Series’ will be held 1-29 April, consisting of four sessions dedicated to different brands including Rolex, Audemars Piguet, Patek Philippe, etc. Another sale for watches is on 18-
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2-4-2020 Gemfields has shut the majority of its businesses and is planning to cancel the coming tenders, the company foresees “the turmoil stemming from COVID-19 [will have] a significant impact on [our] operations, revenues and business during 2020, and possibly beyond”. Last year, 93 percent of its revenue was generated from its six gemstone auctions. The miner has closed all mine,
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1-4-2020 Master Dynamic (MD), a Hong Kong-based engineering laboratory who partnered with Chow Tai Fook (CTF) to develop the nano-marking technology for diamonds claims nano-diamonds could be a coating of surgical masks for virus killing. Researchers believe a coating of salt crystals and nano-diamonds will destroy viruses, rather than filtering them out. According to the company's CEO T
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31-3-2020 Pandora will withdraw its financial guidance announced on 4 February for the year of 2020, stating it is “no longer meaningful” amid the global escalation of coronavirus. The performance in China, Italy were strong in January and February. Same-store sales in China dropped 70- 80 percent since late February after the outbreak. Pandora has been managing its cost levels, in
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30-3-2020 The Gem and Jewellery Export Promotion Council (GJEPC) will donate US$6.7 million to support workers of the industry whose livelihood is directly impacted by coronavirus and initiatives by the Indian government to fight the outbreak. The council has formed a task force to decide the fund distribution. Furthermore, the body advices all its members to demonstrate a united and hum
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27-3-2020 Online jewellery platform gathered jewellery by independent designers worldwide Auverture has set up ‘The Auverture Designer Fund’ with an initial donation of €10,000. All profits from jewellery sales on its website in the coming three months will be donated to designers in need via The Auverture Designer Fund. The website and jewellery designer Bibi Van Der Velden said t
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26-3-2020 Auction houses Christie’s and Sotheby’s has announced auction calendar shifts of their spring sales. Christie’s important watches and magnificent jewels auctions in Hong Kong and magnificent jewels auctions in Paris proceed as scheduled, while jewellery auctions that will take place in New York and Geneva originally planned for May, will move to June and July. Sotheb
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25-3-2020 Jewelers of America (JA) has held webinar series geared to overcoming the business challenges presented by the global coronavirus pandemic, available to JA members and non-members who have registered online. “The new additions to our webinar series will be critical for retail jewellers as they navigate the challenges presented by the Coronavirus and its global impact,” said
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25-03-2020 The Geneva Watch Days originally planned for late April 2020 in response to the cancellation of Baselworld and Watches & Wonders has rescheduled to August due to the fast expansion of the novel coronavirus all over the world, said the organising committee yesterday. To be held 26-29 August, Geneva Watch Days is a designed as decentralised and self-managed multibrand watch event la
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24-3-2020 The Hong Kong International Jewellery Show and the Diamond, Gem & Pearl Show organiser the Hong Kong Trade Development Council (HKTDC) has stopped preparations for the twin shows that originally scheduled for 2–8 March and postponed to run from 18–21 May due to concerns about the coronavirus. According to HKTDC, some 2,000 exhibitors had committed their participation wi
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23-3-2020 Antwerp World Diamond Centre (AWDC) and the Israel Diamond Institute (IDI) join hands to hold an Online Diamond Trade Fair from 30 March to 3 April following the close-down of their major diamond trading halls and widespread cancellation or postponement of industry fairs worldwide, offering diamond trading platform without leaving offices. The show invites buyers to register by
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20-03-2020 A recent Bloomberg report covering 50 listed companies in China says almost half of the firms, including jewellery brands, do not have enough cash to survive another six months if consumers keep staying home amidst the coronavirus crisis. According to the report, restaurants are the most vulnerable business during the virus outbreak, with about 60 percent unable to cover labour and re
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19-03-2020 Under the threat of the novel coronavirus, Rolex and Patek Philippe have temporarily halted production in response to the state of emergency declared by the Swiss authorities, according to a National Jeweler report yesterday. Rolex said it has closed its production facilities in Geneva, Bienne and Crissier until 27 March which may be further pushed back depending on the development of
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18-03-2020 JCK Las Vegas 2020 will be postponed until later in the year due to the growing concerns over public health and safety and the escalation of the novel coronavirus (COVID-19), according to a Reed Exhibitions statement yesterday. Originally scheduled for 2-5 June at the Sands Expo & Convention Center and Venetian Hotel, JCK Las Vegas comes as another jewellery show badly affected by
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18-03-2020 The Gemological Institute of America (GIA) has recently announced the change of leadership in GIA India where managing director Nirupa Bhatt will leave her full-time position starting 15 June. Current vice president of GIA India’s laboratory operations Sriram Natarajan (photo above) is her successor. Bhatt joined GIA India on Jan. 1, 2008, with responsibility for expanding education
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16-3-2020 Diamond trading halls in Belgium and Israel have closed until further notice due to coronavirus restrictions. Both rough and polished halls in Israel Diamond Exchange (IDE) are shut. In case equipment is required, a controlled number of members’ entry is allowed for a short period of time. All four bourses of Antwerp: Antwerp Diamond Bourse, the Antwerpsche Diamantkring, the
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13-2-2020 Alrosa will relax payment terms for let long-term customers for its trading session in March starting this week as diamond sales shrank 14 percent to US$346 million in February. The mandatory amount of rough diamonds required to be bought had been lowered from 55 to 50 percent. The mandatory minimum was at 80 percent back in 2018. Its clients are allowed to pay 40 percent of th
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12-3-2020 In collaboration with Crossworks Manufacturing and Forevermark diamonds, the Royal Canadian Mint releases a diamond-shaped coin, decorated with a 0.20-carat square-cut diamond The coin is made from three ounces of 99.99 percent pure silver. There is a portrait of Her Majesty Queen Elizabeth II on the table and words “Canada,” “2020” and “50 dollars” on the crown sid
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11-3-2020 Sotheby’s Paris will exhibit 17 pieces from the 407-year-old Parisian Jeweler Mellerio’s heritage collection and offer 25 of its pieces at Joaillerie Paris auction on 1 April. The exhibition scheduled to hold from 28 to 31 March showcases some of the most important commissions by the jeweler, including an 18th-century antique cameo and ruby bracelet, having the side-faces o
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10-3-2020 Fears over coronavirus amid 709 cases and 25 deaths have been detected in more than 30 states of the United States as of 9 March, have forced the cancelation of Gemological Institute of America (GIA)'s career fair and the JA New York Spring Show. The GIA Jewelry Career Fair was due to take place on March 13. “We will look for a future date to reschedule the event,’ said GIA
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9-3-2020 Belgium’s polished diamond exports took the hardest hit among categories, declined 55 percent yoy to US$560 million in February and rough exports dropped a relatively modest 16 percent, according to figures by the Antwerp World Diamond Centre (AWDC), reflecting a market slowdown due to the spread of coronavirus. Hong Kong is Antwerp’s second largest market for polished goods
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06-03-2020 Organised by Informa Markets, the 9th JNA Awards now opens for entries till 29 April 2020. This year, the awards has updated its categories to expand its influence and sustain momentum. The eight categories are as follows: - Industry Innovation of the Year - Manufacturer of the Year - Outstanding Enterprise of the Year - APAC - Outstanding Enterprise of the Year – EMEA - Retail
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5-3-2020 Hong Kong’s retail sales plummeted for the 12th consecutive month in January by 21.4 percent yoy. Among all products, the sales of jewellery, watches and clocks noted the biggest slump of 41.6 percent, the only two categories survived the downturn in sales in supermarkets and fuels. Historically, the sales of high-end products such as jewellery and watches in Hong Kong ina cer
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4-3-2020 Fabergé has officially been certified as a member of the Responsible Jewellery Council (RJC) two years after the Gemfields’ jewellery brand joined the council. As an RJC Member, Fabergé is committed to the responsible ethical, human rights, social and environmental practices of the RJC Code of Practices for coloured gemstones, diamonds, gold and platinum group metals. �
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3-3-2020 A newly discovered mineral species of the tourmaline group is named after Gemological Institute of America (GIA) Barbara Dutrow for “her contributions to mineral sciences and crystal chemistry, and particularly for her well-known and comprehensive research into tourmaline and its embedded geologic information,” according to GIA’s statement. Discovered by researchers from A
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2-3-2020 Baselworld has been cancelled by the show organiser MCH Group following Swiss government’s ban on any gathering of more than 1,000 people over coronavirus fears and re-scheduled to 28 January 2021. The show originally takes place from 30 April to 5 May as construction of the show’s infrastructure is due to take place at the beginning of March, MCH had to make the decision as
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28-02-2020 Originally scheduled for 25-29 April, Watches & Wonders 2020 is now cancelled due to the potential risks of travels and gatherings amidst the worldwide outbreak of the novel coronavirus. Show organiser Fondation de la Haute Horlogerie (FHH) says in order to protect the health and wellbeing of the show-goers, they have decided to cancel the upcoming Watches & Wonders Geneva. Th
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28-2-2020 De Beers has posted its worst earnings since 2009 as its profit fell by 50 percent in 2019 to US$558 million. The miner’s total revenue declined 24 percent, with a 26 decrease in rough diamond sales amid ongoing challenges on diamond oversupply, demand for rough diamonds from polishers and cutters was weak due to the impact of US-China trade tension and the closure of US reta
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28-02-2020 Chow Tai Fook (CTF) has recently launched the Frozen II platinum jewellery collection in Chengdu, China, partnering with the Platinum Guild International (PGI) and Disney, marking the debut collaboration of the three renowned brands. The new collection draws inspiration from snowflakes, featuring ear strings, earrings, necklaces and bracelets in platinum with enamel and diamonds. “C
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27-2-2020 The Gemological Science International’s (GSI) Mumbai laboratory found a laser drill channel on a HTHP lab-grown diamond, a treatment generally only found in natural stones to remove black inclusions and enhance clarity. The laser drill channel was found to be a typical HTHP inclusion that was cut open from top and pavilion. After this, the content of the inclusion was acid bl
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26-2-2020 The 13th IIJS Signature Gem & Jewellery Show organised by the Gem & Jewellery Export Promotion Council (GJEPC) attracted more than 15,000 visitors from over 55 countries and over 700 exhibitors to exhibit across 1,300 booths. Held from 13 to 16 February at the Bombay Exhibition Centre, the show introduced first-ever “business knowledge forum” and “the artisan awar
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26-02-2020 The 65th Bangkok Gems & Jewelry Fair (BGJF) commenced yesterday on schedule at Impact, Muang Thong Thani, with preventive measures against the new coronavirus which has already been affecting over 30 countries and regions in the world. In a bid to ensure the safety of the participants at the fair under the threat of the new virus, show organiser Department of International Trade P
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25-2-2020 Ratings agency ICRA has downgraded its outlook on cut and polished diamond (CPD) industry in mainland China and Hong Kong from stable to negative in view of the ongoing lockdown, which can have a serious bearing and potentially impact players' credit profile. The country’s jewellery manufacturing activities has just 20 to 30 percent capacity due to supply chain disruptions an
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24-2-2020 Alrosa has unearthed a 17.44-carat yellow diamond, the first coloured rough at its new Verkhne-Munskoye deposit since commencement. The yellow rough, recovered in mid-February was from the Zapolyarnaya kimberlite pipe at the deposit. There is no estimated value of it at the moment. The miner will assess and evaluate the stone at its United Selling Organization(USO). It will be
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21-2-2020 Platinum Guild International (PGI) pointed out that India has become the world fastest growing platinum market with an annual growth rate of eight percent in the last six years. “Platinum is now firmly established in India, and the jewellery industry can expect strong growth in coming years, as platinum becomes further embedded into the life of India’s young consumers,” said P
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20-2-2020 Alrosa sells its 6.21-carat cushion cut fancy intense pink purple diamond to American collector Larry West in an undisclosed purchase price. The stone was one of the three cut and polished from a 20.18 rough recovered in Yakutia of Siberia in 2017, and the first diamond from Russia that Larry has bought directly from Alrosa. It comes with an electronic place of origin passport
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19-2-2020 A boiling facility co-launched by Trigem and Charlotte Boil has opened in Dubai at the Jewellery and Gemplex building in Jumeirah Lakes Towers, becoming the second boiling facility in the emirate. The new facility has the capacity to boil 1.4 million carats of rough and polished diamonds each month adopting the exclusive Charlotte Boil chemical formula. “By offering one of th
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18-2-2020 Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the current 10-year contract that expires in January 2021. The government wants to raise the volume of diamond cut and polished within the borders to create jobs, especially for young people. An agreement is crucial for both parties. “We now want further to move i
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17-2-2020 Bulgari has confirmed it will not participate the upcoming Baselworld that will be taken place from 30 April to 5 May, a week after Gucci’s withdrawal announcement, becoming the third big brands to put out from this year’s show. Bulgari did not state the reasons behind. The brand CEO Jean-Christophe Babin commented: “It does not mean that Bvlgari is definitely leaving Bas
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14-2-2020 The Bangkok Gems and Jewelry Fair will open its door from 25-29 February as scheduled despite the coronavirus outbreak. The show organizer, the Department of International Trade Promotion (DITP) has announced the preparation of preventive security measures to protect visitors and exhibitors. Those hygiene measures include thermal scanners at entrances and exits with nurses stat
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13-2-2020 Chow Tai Fook (CTF) will close more than 40 points of sale in Hong Kong and Macau amid coronavirus outbreak after announcing about 15 stores in Hong Kong will be shut starting April 1. Its remaining stores in the two cities will shorten operating hours and close by 19:00 local time until further notice. 80 percent of CTF’s mainland stores located in the affected regions have
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12-2-2020 Designed by Chanel director Patrice Leguéreau, Tweed de Chanel stages 45 pieces of high jewellery ranging from necklaces, earrings, rings, broochs, bracelets and watches, capturing the essence of tweed. Thanks to the exquisite craftsmanship of Maison Lesage, the collection achieved sensuality of the Scottish fabric by working layered and intertwined diamonds, black onyx, pearl
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11-02-2020 IIa Technologies, Singapore, was found by the local high court to have infringed an Element Six patent for proprietary laboratory-grown diamond products and their method of manufacture, according to a De Beers statement last Friday. The patent relates to the production of material which is desirable both for use in lab-grown diamond jewellery, and in optical applications such as infra
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10-2-2020 Anglo American CEO Mark Cutifani announced to enhance its sustainability for low carbon emissions and cost-effectiveness to 7,000 delegates at 2020 Investing in African Mining Indaba conference in Cape Town. He said the mining industry as a whole drives 45 percent of the world's economic activity directly and indirectly, it is still seen as one that takes more than it gives, wh
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07-02-2020 Alrosa has decided to move its March auctions of rough and polished diamonds away from Hong Kong to other trading centres. According to the Russian diamond producer, an auction for special size rough diamonds will be held in Moscow 2-18 March, followed by an auction for polished diamonds which will take place in Ramat Gan of Israel. The date is not yet published. Alrosa’s deputy CE
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06-02-2020 Following the postponement of the twin shows organised by the Hong Kong Trade Development Council (HKTDC) announced yesterday due to the potential health treat caused by the new coronavirus outbreak, the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) said earlier today that its 9th AEC Gems & Jewelry Presidents’ Summit 2020 will also be put off for the same reas
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5-2-2020 The Hong Kong Trade Development Council (HKTDC), organisers of the twin Hong Kong jewellery shows, Hong Kong International Diamond, Gem & Pearl Show and Hong Kong International Jewellery Show, scheduled to run from 2 to 6 March and 4 to 8 March respectively, have announced to run the shows from 18 to 21 May concurrently hold at the AsiaWorld-Expo, instead of two separate venues.
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4-2-2020 Pandora announced that its value chain will reduce emissions in its full supply chain within the next five years, working hand in hand with the Science Based Targets initiative, which helps companies setting greenhouse gas emission reduction targets in line with climate science. “Addressing climate change is one of the greatest challenges facing the world today, and as a large
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3-2-2020 Japanese watchmaker Grand Seiko marks its 60th anniversary with four newly launched watches: Heritage Collection Hi-Beat 36000 LE SBGH281, Heritage Collection Quartz Limited Edition SBGP007, Elegance Collection Women's Automatic Limited Edition STGK015 and Sport Collection Quartz Limited Edition SBGP015, all featuring dials in Grand Seiko’s signature blue. The unit for women S
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31-1-2020 World Gold Council (WGC) said gold jewellery demand in India fell nine percent yoy to 544.6 tonnes in 2019, however, demand by value climbed three percent unexpectedly to US$24.4 billion. The decline was greatly influenced by a surge in the gold price to a new six-year high by value during the second half of last year. The domestic economic slowdown and the absence of demand fr
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30-1-2020 Lucapa has signed an agreement with Graff’s subsidiary high-end jewellery brand Safdico. Under the agreement, Safdico can purchase up to 60 percent of rough diamonds recovered in Lucapa's Lulo mine. Safdico has purchased about 4,900 carats rough diamonds from Lucapa under this partnership and the miner is due its first share of the partnership profits from Safdico the first q
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29-1-2020 The World Diamond Council (WDC) has appointed Elodie Daguzan to be its new executive director effective from 1 February. Daguzan is a 19-year French veteran of the diamond industry. For the past eight years, she has taken the leading position of communications and industry relations in homeland-based diamond trading company Rubel & Ménasché. She has represented the compan
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24-1-2020 The Gemological Institute of America (GIA) examines the 0.62-carat green “matryoshka” diamond recovered by Alrosa in Siberia. “This is a truly unusual diamond, not only for the fact that there is a small diamond crystal inside and entirely detached from the host crystal, but also for the mystery of how this diamond-in-a-diamond formed,” said GIA executive vice president
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23-1-2020 Swarovski will introduce lab-grown diamonds in 16 fancy colours during the Haute Couture Fashion Week in Paris this week to marks its 125th anniversary. The diamond collection has four hues. Androgyny Flamingo, Cubist Sky, Heavy Metal Cherry and Gothic Cognac, referencing four creative fields result in man-made wonders and expressions of the beauty of fashion, art, music and ar
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22-1-2020 Chow Tai Fook (CTF) has acquired Enzo, a China gemstone jewellery brand four days after announcing its intention to shutter 15 outlets in Hong Kong. CTF executive director Adrian Cheng said: “Distinguished by exquisite craftsmanship and creativity, Enzo will continue its niche position as a natural coloured gem specialist to complement the Group’s multi-brand strategy, enab
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21-1-2020 The Gemological Institute of America (GIA) has suspended diamond sealing services available across all locations indefinitely after a number of GIA sealing packets had been damaged by third parties. GIA found that "the diamonds originally enclosed in the compromised packets had been replaced with HPHT (high-pressure, high-temperature) treated natural diamonds”. The institute
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20-1-2020 Louis Vuitton (LV) has purchased the world’s second-largest diamond Sewelo for US$ “millions” without disclosing the exact value of the agreement, only revealed that Lucara would retain a 50 percent stake in the diamonds produced from the uncut stone and a further five percent of the sales generated will be invested back into Lucara's community initiatives in Botswana. The 1,7
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17-1-2020 According to the Antwerp World Diamond Centre (AWDC), Belgium’s rough and polished diamonds sale saw US$37 billion in 2019, a 20 percent reduction from the US$46 billion traded last year and fell to its lowest point since the global financial crisis of 2009 to 2010. “Manufacturers and traders are mainly trying to reduce their stocks before they transition to purchasing new
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16-1-2020 Graff has appointed industry veteran Marc Hruschka to head its division in United States, reports directly to the company’s global CEO Francois Graff. Hruschka has more than 25 years of experience in the luxury industry, including president and CEO of Chopard in United States, vice president for watches and jewellery at Chanel and Van Cleef & Arpels. He believes in techno
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15-1-2020 Chow Tai Fook (CTF) is planning to shut about 15 over 40 of its stores in Hong Kong which leases are due to expire in the 2021 financial year, mainly located in tourist districts such as Causeway Bay, Mong Kok and Tsim Sha Tsui. The jeweller’s retail sales fell 38 percent in Hong Kong and Macau in the third fiscal quarter ending 31 December amid ongoing protests since the mid
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14-1-2020 The Perth Mint launches “The Jewelled Tiger” coin crafted from 18-karat rose gold, the three-dimensional tiger on top is pave set with 328 pink diamonds from the Argyle diamond mine weighing almost three carats totally and has a pair of emerald eyes from Muzo Mines in Colombia. The coin symbolises courage, nobility and strength is limited to eight pieces. Each coin is issue
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13-1-2020 De Beers’ Forevermark launches a concept store Next Generation Retail Concept in the Caishikou Department Store in Beijing, China. The 100-square-meter space includes numbers of digital experiences such as a discovery wall featuring the origin of diamonds and how Forevermark diamonds contribute to conserve, protect and restore nature, and two interactive discovery bars. There
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10-01-2020 The 7th edition of the HKTDC Hong Kong International Diamond, Gem & Pearl Show dedicated to raw jewellery materials will be held from 2-6 March 2020 at AsiaWorld-Expo, while the 37th edition of the HKTDC Hong Kong International Jewellery Show featuring finished fine jewellery will run from 4-8 March 2020 at the Hong Kong Convention and Exhibition Centre. The twin shows are set to w
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10-01-2020 Inhorgenta Munich 2020 has recorded strong growth across the watch and jewellery sector, the number of international exhibitors and new brands in all segments also sees an increase, said organiser Messe München yesterday. The International Trade Fair for Jewelry, Watches, Design, Gemstones and Technology scheduled for 14-17 February 2020 at Messe München, Munich, Germany, will be sh
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9-1-2019 Mastercard SpendingPulse indicates online sales in the United States grow almost 19 percent with jewellery revenue goes up for around 8 percent while department stores suffer a 1.8 percent sales decline, compared year-ago from 1 November to 24 December. Overall, the holiday retail sales increased three percent, excluding automotive. E-commerce made up 14.6 percent of the total s
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8-1-2020 Australian mining giant Rio Tinto has donated a further A$750,000 to the Red Cross, bringing the company’s total donation to A$1 million this year. According to Rio Tinto, the step was taken to support people affected by the escalation in the Australian bushfire crisis. Bushfires have burnt more than 7.3 million hectares across Australia’s six states with New South Wales has
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7-1-2019 De Beers and Dominion Diamond Mines (DDM) show their desire to expand their current projects in Canada through submitted applications to the Mackenzie Valley Land and Water Board requesting permission. Dominion has requested a five-year license to explore the area around the east of the Ekati Diamond Mine. The submission included drilling and trenching activities at the area and
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6-1-2020 Gem and Jewellery Export Promotion Council (GJEPC) signed an MOU with global e-commerce company eBay on 3 January. Its Gem Testing Laboratory (GTL) will offer certification services to all gemstones sold through eBay. Certification will be issued at a nominal rate without any compromise on existing standards and protocols of testing. GJEPC said a reduction in certification fees
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3-1-2019 Graff has acquired the Firebird, a 20.7 carats yellow diamond from Alrosa and noted that it is one of the highest prices per carat for such stones in recent years. This is the first direct purchase of Graff made without intermediaries. Graded by Gemological Institute of America (GIA). GIA chief quality officer John King commented on the stone: “This Fancy Vivid Yellow with hig
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2-1-2019 The diamond grading laboratory HRD Antwerp under the umbrella of Antwerp World Diamond Centre (AWDC) appointed Ellen Joncheere as the new CEO effective on 20 January 2020. Joncheere has been the CEO of Fremach, a supplier and service provider for automotive industry for more than half a decade. She said: “After six years I was ready for a new challenge. My experience in variou
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31-12-2019 Tiffany global sales climbed one percent to three percent yoy from November to Christmas Eve, backed by Chinese, European and American markets. Its Sales in Asia-Pacific region including China climbed seven to nine percent. “We continued to see the Chinese Mainland drive our overall sales growth with a strong double-digit increase, offset by the persisting declines in the Ho
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31-12-2019 The third Watches & Wonders Miami will be held 12-14 February 2021, skipping 2020, in a bid to focus all efforts on Watches & Wonder Geneva scheduled for 25-29 April 2020, said organiser the Fondation de la Haute Horlogerie (FHH). Held at the Miami Design District, Watches & Wonders Miami 2021 will coincide with the Presidents Day weekend which enables FHH to deliver the o
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30-12-2019 The Antwerp World Diamond Centre (AWDC) and Bain & Company have released their ninth annual global diamond study. The report pointed out the industry as a whole would still in a recession since the downward trend started in 2015. According to lead author of the report Olya Linde, the industry has to weather some uncertainty in 2019 and 2020, due to continued geopolitical i
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24-12-2019 Alrosa has been ranked the top 10 of annual Environmental Transparency Rating among mining & metals companies of Russia by World Wide Fund for Nature (WWF). The rating evaluates companies’ efforts on environment, impact and level of disclosures. According to WWF, this year received 27 more companies’ applications. Among 41 companies, four gold mining company and four c
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23-12-2019 The Gem and Jewelry Institute of Thailand (GIT) has added a new ruby colour standard named the Rabbit’s Eye and Golden Red Rudy into its Colours Standards Master. During the first-ever International Chanthaburi Gems and Jewelry Festival from 4 to 8 Dec, the institute revealed the Rabbit’s Eye. According to GIT, “Rabbit’s Eye” is a pinkish-red shade of gem-quality nat
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20-12-2019 Alrosa's supervisory board has approved a strategy for the development of its cutting and polishing diamonds for the next three years from 2020 to 2022. Aimed to enhance operational efficiency and create a consolidated sales system for polished diamonds, Alrosa will redistribute rough and polished diamond and cut fancy and large white dimaonds in Moscow. One to 10 carats diamo
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20-12-2019 On wrapping up its global jewellery sales over the last decade, Sotheby’s said it has seen “a complete transformation of the jewellery auction market” powered by the digital revolution and an expanding globalised audience which have contributed to the total sales of US$4.7 billion worldwide and a number of new records. According to David Bennett, chairman of Sotheby’s internat
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19-12-2019 Former Bulgari vice president of global marketing and communications Carla Liuni (pictured) will join Pandora as its chief marketing officer effective from March 2020. She has been worked at Bulgari and Procter & Gamble for four and 20 years respectively. At Pandora, Liuni will report to its chief executive Alexander Lacik and serve on Pandora’s executive leadership team
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18-12-2019 Chow Tai Fook (CTF) collaborates with French jewellery school Haute Ecole de Joaillerie (HEJ) to launch Loupe Jewellery Academy, a part of its 10-year sustainability strategy to “incubate and inspiring forthcoming generations in the jewellery industry”. "Loupe Jewellery Academy's curriculum is divided into three pillars: design, craftsmanship, and sales and marketing. It a
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17-12-2019 Alrosa, Tencent and Everledger launches an e-commerce solution on WeChat named WeChat Mini Program for Chinese customers to track diamond origin, authenticity and complete diamond supply chain from mine to customer. The programme will be offered as a white-label API for jewellery manufacturers and retailers in China who wish to provide consumers with more stories about their p
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17-12-2019 Award-winning Danish brand Lindberg has taken eyewear to a fine-jewellery level by launching the Precious collection. Handcrafted in 18-karat gold and platinum, the Precious frames are set with ‘Top Wesselton’ brilliant-cut VVS diamonds. According to Baunat in Antwerp, Top Wesselton is an old name within the colour grading of colourless diamonds which is equivalent to G in the cur
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17-12-2019 The inaugural International Chanthaburi Gems and Jewelry Festival 2019 has exceeded expectations in terms of the income generated for the local economy, while a number of exhibitors have shown interest in coming back next year, according to The Gem and Jewelry Institute of Thailand (Public Organization) (GIT), show organiser. The first international gem and jewellery trade fair organi
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16-12-2019 The International Gemological Institute (IGI) announced to be the certification institute of The Collector’s Edition: An Exclusive Selection of Argyle Pink Diamonds by John Glajz, a Singapore-based authorized partner of Argyle pink diamonds for almost 25 years. The collection offers rare pink, red and violet diamonds mined from Rio Tinto’s Argyle diamond mine which is slat
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13-12-2019 Alrosa's sales of rough and polished diamonds in November climbed five percent yoy. Total sales reached US$ 287.8 million while rough diamond sales amounted to US$ 282.1 million and polished diamond sales totaled US$ 5.8 million. "Diamond sales in November were 13 percent higher by value and 25 percent higher by volume against October this year. This may be indicative of stren
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12-12-2019 Forevermark will launch five jewellery stores in Belgium in a partnership with Gautam Diamonds, bringing the countries and regions offers Forevermark jewellery to 34. The official launch happens today in Gautam de la Reine store with some of the Forevermark Red Carpet Collection which has been worn celebrities at awards ceremonies. Other locations included historic Grand Place
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12-12-2019 Christie’s New York’s magnificent jewels auction held yesterday fetched a total of US$67.5 million, with 93 percent sold by value and 91 percent sold by lot. ‘The duPont Ruby’ brooch (photo 1) claimed top lot of the sale. From The Virginia Museum of Fine Arts, the brooch features a 11.20-carat cushion-cut Burmese ruby, emeralds, diamonds and natural pearls sold for nearly US$9
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11-12-2019 Sotheby’s has appointed Wenhao Yu as deputy chairman of jewellery division in Asia based in Hong Kong. Kevin Ching, Sotheby’s Asia CEO said: “Our Jewellery team will benefit immensely from his extensive business connections, profound industry experience, as well as his outstanding track record. Wenhao will be a great addition to the team as we continue to strengthen our
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10-12-2019 Pantone has announced the Colour of the Year 2020 - Classic Blue (PANTONE 19-4052). Suggesting calm, timeless and enduring, Classic Blue highlights our desire for a dependable and stable foundation on which to build as we cross the threshold into a new ear, says the colour authority. “Imprinted in our psyches as a restful color, PANTONE 19-4052 Classic Blue brings a sense of peace
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9-12-2019 Gemological Science International (GSI) has warned about synthetic diamonds grown using chemical vapor deposition (CVD) could be undergo extreme colour instability. During testing at its laboratory, a 2-carat CVD diamond was exposed to high powered UV rays and went from near colorless to blue colour. The colour remained after a week and a half. CVD diamond can change colours un
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6-12-2019 Hong Kong Fei Cui Design Biennial Contest organised by the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) announced the winning fei cui jewellery pieces across six categories at DesignInspire 2019 at the Hong Kong Convention and Exhibition Centre yesterday. Themed “Connections”, participants were asked to create jewellery, accessories, ornaments or art install
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4-12-2019 Francesco Tripani, director on Tiffany’s board, who helped nurture the recent acquisition has resigned four days after the company was acquired by LVMH. In 2011, LVMH chairman and chief executive officer Bernard Arnault and Tripani worked at Bulgari together. Tripani leaded Bulgari in the same year, then headed LVMH’s watch and jewellery division until 2014 after LVMH took
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3-12-2019 Gem & Jewellery Export Promotion Council (GJEPC) chairman Pramod Kumar Agrawal has become the first member of the Indian industry to be elected one of the three vice presidents of the World Jewellery Confederation (CIBJO). “As the serving chairman of GJEPC, a national body of international stature, I have been involved in a lot of initiatives for the betterment of world g
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03-12-2019 The fei cui section of Tiancheng International’s jewellery and fei cui autumn auction dated 27 November 20149 “was particularly successful”, according to the auctioneer. The sale achieved HK$108 million in total, with 90 percent of the fei cui lots were sold. Green was the most sought-after colour in the auction, with four fei cui and one emerald jewellery being the top five. Th
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2-12-2019 Lucapa Diamond is in advanced discussions with the Angolan government to secure above 50 percent from its original 39 percent holding in the Project Lulo joint venture. This mine located in Angola generates about US$150 million in revenue every year with an average price per carat of around US$1900. Currently, the Angola’s national diamond company, Endiama owns 51 percent sta
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27-11-2019 The Gem and Jewellery Skill Council of India (GJSCI) will hold its first-ever India Jewellery Excellence Symposium in Mumbai from 8 to 9 January. The event will include 22 seminars and networking sessions. The event also aims to promote the government’s “Make in India” and “Skill India” initiatives. “We believe that knowledge is important, and we aim to up-skill th
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26-11-2019 LVMH and Tiffany reached a consensus on buying Tiffany in a US$16.2 billion deal, the priciest acquisition in LVMH’s history, more than double the US$7 billion it paid for Christian Dior in 2017. "[We] have entered into a definitive agreement whereby LVMH will acquire Tiffany for US$135 per share in cash, in a transaction with an equity value of approximately 14.7 billion eu
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25-11-2019 Bentley Motors reveals a car inspired pendant etched with the Bentley ‘100 extraordinary years’ logo at the Jewellery Arabia Show in Bahrain. Designed by Bentley designer Chris Cooke and manufactured by Heinz Mayer in Germany,106 GIA certified diamond including 20 in the chain, 30 under the 20.08 carats pear-shaped yellow diamond centre stone and 56 in the surrounding sett
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25-11-2019 Holly’s International’s jewellery, watch, urban art and decorative art sales fetched a total of over HK$58 million on 24 November in Hong Kong where magnificent fei cui stole the limelight, including the top lot - a natural fei cui guanyin and diamond pendant (photo 1) sold for over HK$10 million. The ‘Fine Jewels, Jadeite and Urban Art’ and ‘Important Timepieces and Decorat
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22-11-2019 Wilensky in New York city has brought 23-time AGTA Spectrum Award-winning designer Naomi Sarna’s hand-carved coloured gemstones jewellery to its contemporary gallery space until 20 December. "Naomi Sarna is not a stone carver. She is a poet, crafting stories with deep literature through stone. Each piece possesses its own spellbinding personality. I fell in love with a fe
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21-11-2019 Rio Tinto’s Argyle Pink Diamonds Tender offering rare pink and red diamonds from its iconic Argyle mine saw double-digit growth in the number of bids with successful bidders coming from nine countries. Rio Tinto vice president of sales and marketing, Alan Chirgwin said: “The 2019 Argyle Pink Diamonds Tender was highly sought after with a set of results that underscores the
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20-11-2019 American tennis star Serena Williams has created her own diamond jewellery line with K.P. Sanghvi, offering 70 ethically sourced and conflict-free yet pocket-friendly pieces exclusively with Fred Meyer Jewelers online and at selected stores and on Macys.com. “Women see Serena as more than just a tennis player—they see her as a female icon who represents empowerment and bel
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19-11-2019 The Diamond Terminology Guideline is now available in Arabic, the tenth language, thanks to the translation of Dubai Multi Commodities Center (DMCC). The reference document provides a universal standard description of diamonds and lab grown diamonds, ensuring unity in diamond terminology across Arabic-speaking countries. Gold, diamond and jewellery trade show no signs of slowi
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18-11-2019 A 1927 Art Deco bracelet by Cartier (photo 1) contains a 46.07-carat cabochon shaped Burmese sapphire realised more than US$6 million at Sotheby’s Geneva auction, sold at more than double its estimate. The bracelet attracted bids from six potential buyers and was sold to an Asian female collector. “The magic of Art Deco continues to exert its spell on collectors around the wor
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15-11-2019 Gemfields offers saled coloured gemstones that applied Gübelin's Provenance Proof technologies offering an encrypted record of a gemstone’s journey as the stone delivers from mine to consumer. High priced emeralds and rubies on the approaching Gemfields' end-year auctions will provide secured and complete blockchain records. The move is a response to the increasing dem
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14-11-2019 Botswana Diamonds has recovered the first diamonds from the Marsfontein diamond mine in South Africa. In light of the first diamonds are unearthed within two weeks of the mining permit for diamond-bearing gravels and residual unprocessed stockpiles around the operation.granted on 28 October. The company chairman John Teeling described the process is 'rapid'. It has also announced
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13-11-2019 Atelier Swarovski fine jewellery has landed at Harrods, joining Tiffany, Chopard and Cartier in the luxury fine jewellery area. Items will take over one of the department store’s windows during the festive season. The new line uses responsibly sourced materials to showcase the future of Conscious Luxury. Each piece crafted from fairtrade gold and recycled metal and embedded
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13-11-2019 Christie’s November Geneva auctions recorded a total of CHF71,326,249/ US$71,326,249. The jewellery sale achieved CHF55,278,250, with 12 lots selling over one million. Highlighted the Magnificent Jewels auction was a fancy deep blue diamond of 7.03 carats, selling for CHF11,625,000, making it the most expensive piece of Jewellery sold this season. Another focus went to the 1952 diam
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12-11-2019 Luxury bridal retailer Kleinfeld Bridal has partnered with Reeds Jewelers to create Kleinfeld's first bridal jewellery collection. "Both brands are so fortunate to be part of the biggest moments in our customers' lives. With Kleinfeld's outstanding bridal reputation and our commitment to providing our customers with the best shopping experience, combining our two brands is the
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11-11-2019 Lucara Diamond Corp’s feasibility study indicated that an underground expansion of its Karowe mine in Botswana, which is expected to extend the operation’s life for 20 years — until 2040 with estimated production of US$7.8 million carats. Originally, the lifespan of Karowe is until 2025. The doubled lifespan expansion requires an estimated pre-production cost of US$514 m
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8-11-2019 The 4th International Jewelry & Diamond Conference 2019 co-organised by the Guangzhou Diamond Exchange and the Guangdong Gems & Jade Exchange (GDGJE) themed “Diamond and Jewellery, Glitter in the Greater Bay Area” will be held on 21 to 22 November in Panyu parallel to the 2019 Guangzhou Panyu International Jewellery Week from 21 to 25 November. Liang Weizhang, Gener
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7-11-2019 Baselworld has recorded a 50 precent rise in Gems & Pearls sector signing to return for the next edition in 2020, boosting the number of exhibitors from 520 this year to over 600. Baselworld attributes the significant growth to the relocation from Hall 3 to the more central Hall 2, allowing exhibitors to be grouped together in the space on the ground floor. The redeveloped
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07-11-2019 Fabergé, a fine jewellery brand under leading gem producer Gemfields, has recently entered into an artistic collaboration with Gary James McQueen, a 3D graphics expert who was head of menswear textiles of his late uncle’s eponymous brand, Alexander McQueen. The result of the creative exchange is a limited edition of 100-percent silk scarves and pocket squares handmade in England se
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6-11-2019 Alrosa sold 112 rough diamonds (weighing over 10.8 carats each) with a total weight of 1,740 carats at its international auction in Dubai. The overall sales revenue exceeded US$7 million. The miner deputy CEO Evgeny Agureev revealed that 75 percent of auctioned rough diamonds were sold. "This is a good result at the time when tough market is still having an impact on demand and
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06-11-2019 Masterpiece by King Fook of the King Fook Jewellery Group launched a new boutique in Hong Kong yesterday. Besides in-house designs, the shop also carries several international fine jewellery brands. Set on the third floor of Gateway Arcade in Tsimshatsui, the new location features modern, sleek and light-filled décor, with prominent showcases specially allocated for the latest collec
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5-11-2019 Platinum Guild International (PGI) launches an e-commerce platform for holiday shoppers who looking for platinum jewellery. “With so much holiday shopping done online, we felt it made great sense to create a destination which will enable shoppers to purchase platinum jewellery with ease,” said PGI US president Jenny Luker. The initial offerings all by New York jewellery des
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4-11-2019 Diamond technology firm Sarine works with Tiffany to adapt its automated AI-based grading technology to meet Tiffany’s grading guidelines and criteria for colour and clarity. Back when the technology was debuted in early 2018, the machine learnt from Gemological Institute of America (GIA) grading system and grade like the system. Further development and adaptation are require
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04-11-2019 Top-quality rubies, magnificent fei cui and rare coloured diamonds are among the highlights of Tiancheng International’s jewellery autumn sale scheduled for 27 November. “This season, we are thrilled to offer one of the most significant rubies on the auction market over the past decade,” says Connie Huang, head of jewellery department. “Hailing from Burma, this natural unheate
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1-11-2019 The 19th International Coloured Gemstone Association (ICA) Congress took place in Bangkok from 12 to 15 October gathered more than 370 delegates from 26 countries and regions. Congress chairman Prida Tiasuwan said this was the biggest ever participation by industry experts from around the world. The biennial event included panel discussions and presentations on responsible sour
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31-10-2019 De Beers’ The Diamond Insight (DI) Report 2019 has reported attitude and spend on engagement rings of three demographic groups in the United States, namely women, same-sex couples and millennials. The figure of American women self-purchase their own engagement rings doubled from seven percent to 14 percent within five years. They spend averagely 33 percent more than men
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30-10-2019 French billionaire Patrick Drahi who recently bought Sotheby’s at US$2.7billion has appointed Charles F. Stewart the co-president and CFO of its telecommunications company Altice USA since 2016 as the new CEO. The change is effective immediately. Before Stewart leaded Altice USA, he was the CEO of Itau BBA International and spent 19 years at Morgan Stanley as an investment b
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29-10-2019 French luxury giant LVMH has approached Tiffany about an acquisition. According to CMC Markets UK chief market analyst Michael Hewson, LVMH had made a US$14.5 billion offer and Tiffany had yet to respond to it and its board of directors is reviewing the proposal at the moment. Tiffany has a market capitalisation of US$11.9billion. A successful takeover would mark one of LVMH�
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28-10-2019 Alrosa has unearthed a rough diamond weighing over 232 carats, the largest gem-quality diamond found by Alrosa in the past three years, at Udacnhaya kimberlite pipe in the Yakutia region of Siberia. The octahedron rough with yellowish hue dug up on 19 October. “Such large gem-quality crystals are extremely rare. Of course, they are present at ALROSA's deposits, but we have n
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25-10-2019 De Beers Group Institute of Diamonds in partnership with auction house Christie’s to stage an exhibition entitled ‘Rare Treasures of the Earth’ at Christie’s headquarter in London running from 8 to 12 November exhibiting rare coloured diamonds, rocks and minerals. Diamond highlights of the exhibition including: The Cullinan Dream, a 24.18-carat fancy intense blue diamo
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24-10-2019 Tiffany & Co. releases an advent calendar replicating its iconic flagship exterior on Fifth Avenue in New York City. Priced at a whopping US$112,000, the four-foot-tall calendar in Tiffany blue housed 24 items each wrapped in an iconic Tiffany Blue Box to count down to Christmas. The individual items range in price from US$250 to US$15,000. These include pendant, bracelet,
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23-10-2019 The 49th Istanbul Jewelry Show (IJS) organised by Informa Markets at CNR Expo from 10 to 13 October saw a 12 percent yoy growth in the number of international visitors. Accounted for 51 percent of the total visitors, more than 20,000 visitors from 127 countries and regions were welcomed to the show with more than 800 exhibitors. The number of Africans rocketed 164 precent, followe
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22-10-2019 Evgeny Agureev who has been as a director of Alrosa’s United Selling Organization (USO) has been appointed deputy CEO and will continue to develop sales, improve their efficiency and transparency, and strengthen ties with long-term clients. “Given the difficult conditions in the global diamond market today, Evgeny will continue to improve the efficiency of the entire sup
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21-10-2019 The Gemological Institute of America (GIA) will invest US$ 1.3 million to expand its gem guide for artisanal miners to other African communities after a successful pilot in Tanzania, Susan Jacques, GIA president and CEO announced at the International Coloured Gemstone Association (ICA) Congress in Bangkok last week. In collaboration with Pact, the program aims to reach 10,000 miner
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18-10-2019 Jean-Marc Lieberherr will be stepping down from his current position as CEO of the Diamond Producers Association (DPA) on 31 December 2019, according to the association’s official announcement last Friday. Marketing expert David Kellie will be the successor. Lieberherr joined DPA as chairman in December 2015 when the association was formed. “I am proud of what has been achieved si
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17-10-2019 Russian designer Ilgiz Fazulzyanov launches a 20 pieces collection “Mysterious China” to sum up his 10-months study trip of traditional Chinese techniques such as porcelain painting and fei cui carving. He employed his signature enamel technique to interpret oriental temple, peony, lotus, auspicious cloud, koi and so on. Not limited to the motifs, the mix-and-match of gems
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16-10-2019 Omega inaugurates new museum in Cite du Temps, Swatch's new corporate headquarters in Biel of Switzerland housing watches and artifacts all speak the watchmaker brand. Many of the most important timepieces from the antiques to signatures and modern ones throughout Omega's history exhibited. Born in 1894, Omega won the Universal Exposition in Paris with “Le Temple Grec”,
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15-10-2019 'The Art of Jewellery: Traditions and trends' exhibition co-organised by Moscow’s Department of Culture, state-owned Gokhran and Russian Jewellers Guild is running from 8 to 20 October at Moscow State Exhibition Hall "New Manege" to display Russian jewellery. Divided into two rooms, the first room brings visitors back to the past for more than 220 never seen jewellery fro
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14-10-2019 Six lab-grown diamond companies have signed up a pilot program by SCS Global Services (SCS) that will evaluate the sustainability of their environmental, social, and governance performance after Diamond Producers Association (DPA) CEO Jean-Marc Lieberherr claimed: “no lab-grown diamond producer uses renewable energy”. Four diamond growers, Green Rocks, Goldiam USA, Lusix,
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11-10-2019 Moscow-based Alrosa sold US$258.7 million worth of diamonds last month, the group announced yesterday. Rough diamond sales by valued amounted to US$256.5 million, polished diamond sales US$2.2 million. “September sales were higher than sales in the three previous months. It is partly due to the traditional autumn market revival after the holiday period and a slight increase in dema
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11-10-2019 For the first time, De Beers’ laboratory-grown diamond jewellery brand Lightbox will be selling via brick-and-mortar stores in the United States. Starting this month, Lightbox jewellery will be available at Bloomingdale’s department stores in New York City and San Francisco, plus Reeds Jewelers’ 30 shops primarily in the Southeast. The shops will offer k-gold jewellery set with
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10-10-2019 China Guardian Hong Kong autumn auctions 2019 held 7-8 October fetched a total of Hk$617 million (US$79 million), marking a 66-percent increase in sales over the spring auctions with three world auction records broken. A heart-shaped 4.58-carat natural fancy purplish pink diamond and diamond ring (photo 1) fetched HK$ 25.4 million at the important jewels and jadeite session. A rectang
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09-10-2019 The Platinum Guild International (PGI) has recently opened the first showroom in Shenzhen, China, to further enhance the presence of innovative platinum jewellery designs for the younger consumers in the country. In a welcoming décor that caters to the modern aesthetic of younger consumers, the new showroom features an elegant blue colour scheme aligned with the metal’s qualities o
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08-10-2019 The magnificent 10.64-carat fancy vivid purplish pink diamond was sold for nearly HK$156 million (about US$20 million) at Sotheby’s Hong Kong autumn jewellery sale yesterday. Graded by the Gemological Institute of America (GIA), the internally flawless type IIa pink stone was polished as a radiant cut, with the outline of an emerald-cut diamond combined with the scintillation of a b
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4-10-2019 Luxury fashion retailer Elyse Walker has teamed up with Spinelli Kilcollin to launch Spinelli Kilcollin’s iconic linked collection live customisation workshop in celebration of its 20th anniversary. The collection's bands can be linked and form a stacked look available in seven new designs in forms of earrings, necklaces and rings made of white diamonds and 18-karat yellow, w
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3-10-2019 Gemewizard launches online course Gem Color Academy to provide advanced knowledge for gemstone and coloured diamond jewellery industry. Its syllabus covers grading, origin, treatments, evaluation and pricing of common gemstones including ruby, emerald, sapphire, aquamarine, alexandrite, garnet, spinel, tanzanite and tourmaline based on the company’s founders’ more than 40 y
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02-10-2019 Luxury conglomerate Richemont has recently acquired Italian high jewellery house Buccellati in a private transaction with Gangtai Group, China. The transaction was closed last Thursday. Johann Rupert, chairman of Richemont, said: “Distinguished by strong heritage, craftsmanship and family spirit, Buccellati is one of the few Maisons in the dynamic branded jewellery market which is c
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01-10-2019 Hall C2 of Inhorgenta Munich 2020 will feature new design concepts of sustainability and future retail. The hall, home to contemporary design and vision, is redesigned to curate the sophisticated, socially relevant topics of sustainability and future retail with trendsetting special exhibits and lecture series, said Messe München, organiser of Inhorgenta Munich. The central area of
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30-9-2019 The Dubai Diamond Conference (DDC) organised by Dubai Multi Commodities Centre (DMCC) welcomed 400 government officials, financiers, retailers and investors last week. Ahmed Bin Sulayem, Executive Chairman and CEO, DMCC commented on the industry during Inauguration: “Diamond trade is facing pressure from multiple directions, and general sentiment among traders, suppliers, fin
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30-09-2019 Canada-based Lucara Diamond announced the recovery of a 9.74-carat blue diamond and a 4.13-carat pink diamond last Thursday. The two gem-quality stones were found in the miner’s Karowe Diamond Mine in Bostwana. Eira Thomas, Lucara's president and CEO said: “Lucara is extremely pleased with the recovery of these rare, sizeable, fancy coloured diamonds, which have the potential to c
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27-9-2019 The Gemmological Association of Hong Kong (GAHK), The Gemmological Association of Great Britain (Gem-A) and Informa Markets organised a seminar in celebration of GAHK's 40th anniversary during the September Hong Kong Jewellery & Gem Fair. Gemmological experts: GAHK honorary chairlady Mimi Ouyang, Swiss Gemmological Institute (SSEF) director Michael S. Krzemnicki, Gemmologic
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26-9-2019 Petra Diamonds recovers a 20.08-carat blue gem-quality diamond from its Cullinan mine with no forecast on the price given yet. The diamond miner reported a 22 percent fall in profits and a 6 percent decline in total revenue for the 2019 fiscal year. “With Petra’s balance sheet under focus, the recovery and sale of special diamonds incremental to cash flow forecasts represen
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25-09-2019 Themed “From Inspiration to Innovation – The Designer’s Journey of Creativity”, the first JNA Conference held on 19 September 2019 at the Hong Kong Convention & Exhibition Centre received high attendances. Over 150 designers, students and industry practitioners from more than 25 countries and regions attended the conference, according to organiser JNA. Celebrated designers
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24-9-2019 The seven-day September Hong Kong Jewellery & Gem Fair opened its doors on 16-20 September at the AsiaWorld-Expo and 18-22September at the Hong Kong Convention & Exhibition Centre. "What's happening in Hong Kong now and the uncertainties in the global economy are affecting us in a certain way. Visitor turnout was down but traffic quality was up. We did receive positive
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24-09-2019 India announced reduction in the goods and service tax (GST) on semi-precious gemstones and work related to diamonds last Friday. The measures are welcomed by the Indian gem and jewellery industry. India’s finance minister Nirmala Sitharaman said on 20 September that GST rate on cut and polished semi-precious stones has been reduced from three percent to 0.25 percent. Reduction in G
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23-9-2019 Richard J. Whitby, senior vice president of De Beers Global Sightholder Sales has joined ALTR Created Diamonds as the company’s CFO. Whitby worked for De Beers for 11 years and is experienced in marketing, supply chain, and sales-and-distribution operations. Leaving the mined diamond industry, he said in a statement “Lab-grown diamonds are a major innovation that is breathi
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23-09-2019 The 1.16-carat crystal, johnkoivulaite, was found in the Mogok Valley of Myanmar by local gemmologist Nay Myo, said the Gemological Institute of America (GIA) last Tuesday. It was accepted by the International Mineralogical Association as a new mineral species. According to GIA, johnkoivulaite has a hexagonal crystal structure that is very similar to beryl and other members of the ber
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20-9-2019 The 64th Bangkok Gems & Jewelry Fair organised by Department of International Trade Promotion (DITP) under the theme of Thailand’s Magic Hands: The Spirit of Jewelry Making from 10-14 September at IMPACT Muang Thong Thani generated revenue of more than US$78 million. The fair offered a platform for large manufacturers, SMEs and local talented designers to promote their pr
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16-9-2019 Rio Tinto has launched a new collection known as “Argyle Pink Everlastings” offering 64 lots of pink diamonds 0.14 carats or below from its Argyle diamond mine, weighing a total of 211.21carats. “The accumulation of these diamonds from a certifiable source in various shapes, sizes and colours is the result of a painstaking endeavour, unlikely to be ever repeated,” said Rio
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13-09-2019 The Pantone Color Institute has published the latest fashion colour trend report for spring/ summer 2020 which features the top 12 colours and four classic neutrals. According to the colour authority, the chosen palette of colours express our desire for a sense of the familiar and a sense of ease. “Combining our desire for stability, creativity, and more spontaneous design approache
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12-09-2019 The 64th Bangkok Gems & Jewelry Fair (BGJF) opened its doors on Tuesday at Challenger Hall Impact, Bangkok. The Department of International Trade Promotion (DITP), show organiser, hopes to generate 2.4 billion baht in the five-day fair. Themed ‘Thailand’s Magic Hands’, the 64th BGJF was inaugurated by the Thai deputy prime minister and minister of commerce Jurin Laksanawisit
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11-09-2019 The Gemological Institute of America (GIA) updated the software of its GIA iD100 gem tester on 4 September to distinguish natural pink diamonds from laboratory-grown diamonds and diamond simulants. “As the presence of laboratory-grown diamonds increases in the market, it is beneficial to have a robust, research-based, proven gem testing device such as the GIA iD100,” said Anthony
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10-09-2019 The upcoming autumn magnificent jewels and jadeite auction by Sotheby’s Hong Kong will be held on 7 October 2019, with exceptional fancy coloured and big white diamonds being the highlights. Among the remarkable lots up for auction is a superb 10.64-carat fancy vivid purplish-pink diamond (photo 1) of internally flawless clarity, valued at HK$150-200 million (US$20 - 26 million). An
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09-09-2019 The 38th Hong Kong Watch & Clock Fair concluded last Saturday received about 18,000 buyers from 104 countries and regions, with satisfactory growth in the number of buyers from emerging markets. Nearly half of the respondents of an official on-site survey expect a steady growth of sales in 2020. Co-organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong Watch M
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6-9-2019 Lagos has designed the second generation of its Smart Caviar collection for the Apple Watch, offering a collection of unisex jewellery bracelets in two-toned stainless steel and 18 karats yellow gold, and stainless steel with black ceramic. Steven Lagos, the jewellery brand’s founder and creative director said he is a big fan of the Apple Watch amid its functionality. He wante
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5-9-2019 The International Gemological Institute (IGI) has hired Avi Levy president of its North American division, replacing Jerry Ehrenwald. Levy has 30 years of experience in diamond sourcing, manufacturing, product development, brand partnerships and wholesale trade. “I look forward to leading the New York-based team, growing our current relationships as well as forging new strateg
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4-9-2019 Nan Fusco raises awareness of pancreatic cancer by launching koa arrow rings featuring a spinning arrow through a single line of pave set diamonds represents courage as one move forward. 'KOA', the Hawaiian word for 'strong, brave and fearless' reveals when the arrow is turned. Rings are hand made in California. Fusco said the idea is from her daughter, Erin who was diagnosed wi
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3-9-2019 Bonas will hold its fourth coloured gemstone auction at Hong Kong SkyCity Marriott Hotel from 14 to 18 September, parallel to the September Hong Kong Gem and Jewellery Fair. Participation in the tender is registration based. 460 lots of sapphires, rubies, emeralds, aquamarines, spinels, garnets, tourmalines and other gemstones will be displayed. Highlights of the tender includes
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2-9-2019 Informa, organiser of the September Hong Kong Jewellery & Gem Fair has two initiatives to bring more buyers to the hold-as-planned-fair despite concerns over social unrest. The first is a massive telemarketing campaign to reach out to 50,000 buyers around the world. The second one is to offer 10,000 complimentary hotel room nights for trade buyers. Each exhibitor may su
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30-8-2019 Graff has unveiled a diamond ring with a centre stone cut from the 13.33 carats Lesotho Pink diamond from Gem Diamonds. The centre stone, a 5.63 carats fancy vivid purplish pink pear-shaped diamond, is flanked by two fancy intense pink pear-shaped shoulder diamonds from another rough. Laurence Graff, Graff founder and chairman said: “This is the most vivid pink rough diamond I
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30-08-2019 Van Cleef & Arpels (VCA) has launched four new bracelets for its signature Ludo collection. First created in 1934, the collection was named after the nickname of Louis Arpels, a founder of VCA. The new creations are made in 18-karat yellow, pink or white gold with diamonds and coloured gemstones such as sapphires, rubies and turquoises. The light and flexible belt bracelets featu
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29-8-2019 The Gemological Institute of America’s (GIA) senior vice president and chief marketing officer Kathryn Kimmel will retire on 30 August after 29 years of service to the institute. Kimmel is the founder of GIA Jewelry Career Fair. The fair has expanded to Carlsbad, India, Las Vegas, London and New York in the last 28 years and helped GIA graduates to start their careers in the
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29-08-2019 The 36th Hong Kong Watch & Clock Design Competition announced winners yesterday at the press conference held at Harbour City, Tsimshatsui. Co-organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong Watch Manufacturers Association Ltd and the Federation of Hong Kong Watch Trades & Industries Ltd, the competition aims to enhance the design and quality of Hong
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28-8-2019 Gem Diamonds has unearthed its third yellow diamond and the sixth diamond over 100 carats this year in Letšeng mine in Lesotho. The yellow diamond weighed 134 carats. The mine found two diamonds weighing 114.2-carat and 140-carat white diamond last month and two diamonds greater than 100-carat during April to June including a 161-carat diamond in May. Despite the frequent reco
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28-08-2019 The 38th Hong Kong Watch & Clock Fair organised by the Hong Kong Trade Development Council (HKTDC) will be held 3 – 7 September 2019 at the Hong Kong Convention and Exhibition Centre. The last day of the trade fair is open to the public. A total of 832 companies from 22 countries and regions will be exhibited at the show, a 0.2 percent growth over last year. Despite the ongoing
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27-8-2019 Gemfields garnered US$ 18.6 million at Lusaka emerald auction held in Lusaka, Zambia from 19 to 22 August. 34 companies participated and 26 over 35 lots offered were sold, accounting for 37 percent of the offered carats with an overall average value of USD 4.75 per carat. Gemfields’ managing director of Product & Sales Adrian Banks said sales in emerald has seen recovery
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26-8-2019 Singapore has been chosen by Patek Philippe as the venue for its fifth Watch Art Grand Exhibition. Take place at Marina Bay Sands Theater from 28 September to 13 October, the exhibition will be free to the public with tickets reserved in advance on the Patek Philippe website. There will be 10 thematic rooms covering Patek Philippe history, current and antique collections, horologic
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23-8-2019 The latest report by Platinum Guild International (PGI) indicates that Japanese mature women customers in their 40s to 60s which are often overlooked “is leading the consumption of platinum and has also contributed to the sustained growth in the sector”. Japan as the four key markets of platinum with China, the United States and India, has the highest per capita consumption
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22-8-2019 Trade representative of the world’s largest diamond trading hubs, Gem & Jewellery Export Promotion Council (GJEPC), Antwerp World Diamond Centre (AWDC) and Israel Diamond Institute (IDI) have jointly written a letter to the September Hong Kong Jewellery & Gem Fair’s organiser, Informa to postpone the fair scheduled from 16-20 September at the AsiaWorld-Expo and 18-22 Sep
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Taiwanese jewellery designer Anna Hu’s Silk Road Music five-piece-collection inspired by the musical and cultural exchanges that took place on the Silk Road will go under the hammer at Sotheby’s October Magnificent Jewels and Jadeite Autumn Sale in Hong Kong. The highlight is the Dunhuang Pipa Necklace which is transformable into a brooch and an earring and set with a 100.02 carats fancy
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You may know that natural colour diamonds are very rare. But how? Every 10,000 carats of gem-quality diamonds mined, only one natural colour diamond is found. The most common hues are yellow and brown, with the rarest ones being pink, blue and red. Since 2011, there has been a sharp increase in sales of fancy colour diamonds at auctions. The growth in demand is due to the fact that there are almo
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20-8-2019 Tiffany, who has sold traditional accessories for men like money clips, cuff links and rings historically will launch first men jewellery collection, Tiffany Men’s in October to attract millennial shoppers and boost sales. The almost 100 designs all brainstormed by Tiffany’s chief artistic director Reed Krakoff will range in price from about US$200 to US$15,000 for jeweller
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19-8-2019 Baublebar will offer 38 pieces of wallet-friendly fine jewellery on its website. Its co-founder Daniella Yacobovsky Fiala said the driving force of the line is based on customers’ voice from different platforms after the launch of gold vermeil collection in 2017. Featuring 14k and 18k gold and real diamonds and limited to rings and earrings, the collection offers jewellery st
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16-8-2019 Tahitian Pearl Association Hong Kong (TPAHK) held a party named ‘Pearlfection Moment’ at Wheelock Lounge earlier this week. Winning pieces in the Tahitian pearl category of the JNA Jewellery Design Competition were modelled on the catwalk by female stars in the city, namely Chan Sze Yan, Jacqueline Chan and Stephen H and Miss Jewelry Hong Kong Kimmy Low as below:Champion
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15-8-2019 RESOLVE launches the first batch of Salmon Gold, a responsible gold sourcing approach focus on fish habitats restoration in Alaska, the Yukon Territory, and British Columbia in partnership with Tiffany and Apple. “We want to show that responsible placer gold mining and good habitat restoration can be aligned in the Yukon,” said miner and Salmon Gold partner Peter Wright. An
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14-8-2019 The American Gem Trade Association (AGTA) announces winners of its AGTA Spectrum Awards across 16 categories ranging from Best Use of Platinum and Colour to Innovative Faceting. Over 50 pieces were awarded. Highlights as below: Best Use of Pearls South Sea cultured pearl and black diamond cufflinks designed by Chris Faber Best Use of a Platinum Crown Nova ring designed b
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13-8-2019 De Beers’ carbon-capture research at the Gahcho Kué mine in Canada has received a C$675,000 grant from Natural Resources Canada’s Clean Growth Program. De Beers Group CEO Bruce Cleaver said: “This award will help us accelerate this innovative work that could fundamentally change the carbon footprint of not only the diamond industry, but the mining sector more broadly.”
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12-8-2019 De Beers’ lab-grown diamond brand, Lightbox has been limited to the United States’ market will be available in Canada. “Thirteen percent of consumers who signed up for our emails are in Canada. We see it as a significant market,” said the brand’s chief executive officer Steve Coe. He adds Lightbox has no plans to expand into any other international markets until the n
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9-8-2019 Pandora has named Stranger Things star Millie Bobby Brown the brand’s ambassador to promote its first official global campaign for a new Pandora jewellery collection that celebrates self-expression. The Danish brand chief creative and brand officer Stephen Fairchild described Brown: “Millie Bobby Brown is the perfect ambassador for the next generation of Pandora jewellery th
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8-8-2019 Tiffany & Co. plans to open new stores in Delhi and Mumbai in the second half of 2019 and 2020 respectively in partnership with Reliance Brands Limited run by Asia's richest man Mukesh Ambani. Reliance has already brought over 40 international brands such as Hugo Boss, Zegna and Bally to India and operated 661 stores for them in the country. “As a global luxury jeweller wi
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7-8-2019 Danish jewellery brand byBiehl works with Eden Proect to plant a mangrove tree in the jungles of Madagascar and Indonesia for every sold Jungle Ivy collection jewellery and will keep the policy of growing 1,000 more mangroves for every 500 times the hashtag #bybiehlgivesbacktonature has been used. The brand helps to plant mangrove trees as they obtain up to five times more carbo
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6-8-2019 Worldwide research conducted by online market for designer jewellery, JewelStreet, pointed out that 58 percent women prefer to receive jewellery as a gift, way ahead of classic gifts like meal out and flowers. “If you're ever in doubt about what to get the woman in your life, get her jewellery,” said Vivianne Leung, senior marketing executive at JewelStreet. As a jewellery r
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5-8-2019 The Fancy Color Research Foundation (FCRF)’s Fancy Color Diamond Index (FCDI) indicates that overall prices of fancy colour diamonds traded in Hong Kong, New York and Tel Aviv during Q2 dipped 0.1 percent. Pink diamonds continued to outperform blue and yellow diamonds. Pink diamonds went up 0.4 percent yoy, thanks to the demand for two and three carats ‘vivid pink’ categor
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2-8-2019 Pandora will roll out rebranding campaign which marks the company’s largest marketing investment to date on 28 August in Los Angeles, to renew its entire customer experience to drive a “higher brand relevance”. The brand will reveal its autumn collection dubbed “Programme NOW”, new company purpose, brand expression and visual identity in front of over 400 guests around
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1-8-2019 Polish designer Ewa Nowak has developed a piece of face jewellery named Incognito shields wearers from facial recognition technology. The jewellery took her two to three months to make. It consists of two brass circles below the wearer’s eyes and a long piece of brass stretches up to the forehead and can be worn like a pair of glasses. The face jewellery was uploading photos t
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31-7-2019 Sotheby's watch auctions worldwide have garnered US$12 million in July, bringing the revenue in 2019 to US$59 million, rocketed 54 percent yoy from US$38.2 million. Sam Hines, Global Head of Sotheby’s Watches, commented: “We are deeply appreciative of the support and trust of our buyers and sellers which has now made Sotheby's the number one auction house for watches so far this yea
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30-7-2019 Greenland Ruby has become a member of the Responsible Jewellery Council (RJC). The company has to achieve RJC Code of Practice, which promotes responsible ethical, human rights, social and environmental practices throughout the jewellery supply chain, by July in 2021. RJC will send its accredited auditors for independent verification after Greenland Ruby completed its self-asse
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29-7-2019 The world’s largest luxury group by revenues, LVMH’s jewellery and watch sales up 4 percent for the first half of 2019 despite the category is the group’s weakest performer. The United States, Asia and Europe, particularly in France saw good growth. The main growth drivers among the jewellery category are: Bvlgari’s lines Serpenti, B.Zero1, Diva and Fiorever and Cinemagia
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26-7-2019 Alrosa has allocated more than US$15 million for planting of grass, shrub and tree species in the areas which mining and relevant activities previously took place since 2006. Over four million square metres of lands have been restored. “When mining operations are completed, the company must restore and then return the area back to the owner (municipality or forestry enterprise). This
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25-7-2019 India’s Ministry of Finance announces integrated goods and services tax (IGST) will not be levied for exporting jewellery for exhibition or consignment out of the country following meetings with the Gem and Jewellery Export Promotion Council (GJEPC). The statement from the Government of India explained that jewellery for exhibition and consignment purpose does not constitute “s
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24-4-2019 Gemological Institute of America (GIA) has organised a global leadership programme for 50 executives from the jewellery industry, with one participant per company attending around the world at the Harvard Business School (HBS) from 24 to 27 June, which GIA described as “a custom four-day curriculum led by world-class professors and based on the renowned HBS case study method”. A
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23-7-2019 Lucara Diamond announces Botswana’s largest rough diamond and the second-largest diamond ever weighing 1,758 carats diamond recovered from the Karowe mine in April is named “Sewelô”, meaning “rare find” in Setswana. The winning entry was selected from over 22,000 submissions in a contest open to all citizens of Botswana. The announcement was made during a gala event host
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19-7-2019 De Beers announces the second translocation of elephants from its Venetia Limpopo Nature Reserve (VLNR) in South Africa to Zinave National Park in Mozambique has completed. The translocation project titled “Moving Giants” targets to move some 200 elephants over three years. The first herds of elephants were released at Zinave two days after they were assembled at the VLNR in Ju
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18-7-2019 Women’s Jewelry Association (WJA) reveals winners of its 2019 Excellence Awards scholarships and grants. The group has fundraised US$65,500 through its Awards for Excellence Gala, members’ donations and sponsorships for 49 women-winners to pay for their education and advance their professional careers. Six scholarships each carries US$5,000 grants are offered to seven indiv
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17-7-2019 The May edition of Forbes Afrique, the African French version of Forbes has listed Marie-Chantal Kaninda (pictured), the executive director of the World Diamond Council (WDC) as one of Africa’s 100 most influential women. She is ranked number 14 on the list. Forbes Afrique described Kaninda’s work “to further the interests of individuals and communities involved in Africa’s min
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16-7-2019 The first Israel Diamond Week opened its doors in Shanghai starting today until 18 July, jointly organized by the Israel Diamond Exchange (IDE) and the Shanghai Diamond Exchange (SDE). A day-long seminar named “The China-Israel Diamond Forum” will be held focus on the role of technology, e-commerce and branding of natural diamonds in promoting the industry. Israeli and Chin
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15-7-2019 Rio Tinto has unveiled its annual showcase of rare pink and red diamonds in a preview at the Argyle mine site in the East Kimberley region of Western Australia. 64 diamonds weighing 56.28 carats in total make up the 2019 Argyle pink diamonds tender collection, named “The Quest for the Absolute”. Highlights including: Lot 1: Argyle Enigma™, 1.75-carat fancy red diamond Lot 2: Argy
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12-7-2019 Tiffany & Co. will open its first-ever exhibition named Vision & Virtuosity in celebration of the brand’s 180 years of artistry, running from 23 September to 10 November at the Fosun Foundation in Shanghai. The exhibition is made up of six themes: Blue Is the Color of Dreams, The World of Tiffany, The Tiffany Blue Book, Tiffany Love, Breakfast at Tiffany’s and Diamonds:
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11-7-2019 Following the success of the Chaumet exhibitions in Beijing in 2017 and Tokyo in 2018, Chaumet is set to stage an exhibition entitled ‘Chaumet in Majesty: Jewels of Sovereigns Since 1780’ at Grimaldi Forum in Monaco from 12 July to 28 August. The jewellery exhibition will be separated into six distinct themes. 250 jewellery pieces, centres on tiaras, by Chaumet over the pas
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10-7-2019 Baselworld has become a member of The World Jewellery Confederation (CIBJO) in a bid to “be more firmly rooted in the jewellery, gemstone and pearl industry, to be as close as possible to its stakeholders, to better understand their needs and to better support and serve them in their pursuit of the highest professional and ethical standards and technical skills” said in a statement
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9-7-2019 Alrosa auctions 112 rough diamonds weighing 1,910 carats for US$10.3 million in Hong Kong. Out of 63 companies from Hong Kong, India, Israel, Belgium, the United Arab Emirates and Russia, 23 were recognised as winning bidders. “Despite the challenging situation in the diamond market today, the good results of the past auction confirm that the Asian market has a stable inter
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8-7-2019 Gucci opens its door to the high jewellery market, bringing the first line entitled Hortus Deliciarum displaying in its new jewellery-only store in Paris’s Place Vendôm after a growth of 20 percent in sales in Q1 2019. Designed by the brand’s creative director, Alessandro Michele, the debut collection has a trio of themes: Eden, Arcadia and Xanadu. Some classic animals for jewel
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5-7-2019 The Space Traveller I watch created by George Daniels, a legendary horologist, in 1982 was sold tops US$4.6 million at Sotheby’s Masterworks of Time auction in London, breaking the record for a timepiece by an independent watchmaker and the highest price achieved for a watch at auction this year. The watch was a commemoration of the American moon landing in 1969. Described by
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4-7-2019 Net-à-Porter launches EIP Privé, an invitation-only jewellery platform that offers high-end jewellery brands such as Piaget, Boghossian, Nadia Morgenthaler, Bayco and Giampiero Bodino this week. Selected customers will receive an invitation link to EIP Privé to access a pool of items which picked by their personal shoppers based on their previous preferences, as well as all o
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3-7-2019 Chow Tai Fook (CTF) receives four accolades among seven categories of the 9th Asian Excellence Award from Corporate Governance Asia, marking its 90th anniversary of establishment. The company obtained the Best Investor Relations Company in Hong Kong. Its managing director Kent Wong and executive director and finance and operations and joint company secretary Hamilton Cheng were hon
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2-7-2019 The Israel Diamond Exchange (IDE) will launch an international campaign to highlight the uniqueness of natural diamonds which was announced at the World Federation of Diamond Bourses (WFDB) executive committee meeting held in Israel IDE President Yoram Dvash said, “At a time when counterfeit products and fake reproductions flood almost every market, few commodities remain as rare and
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28-6-2019 Italian Exhibition Group organized Vicenzaoro September scheduled to take place in Vicenza from 7- 11 September, will offer T.Evolution area again to offer jewellery technology and innovation as “technologies and digital methodologies are playing an increasingly more central role in jewellery creation processes” said in the statement. There will be four sectors exhibiting instrum
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28-06-2019 Gemfields has sold its stake in a Zambian amethyst mine to focus on the big three, while venturing into gold exploration, said in the statements on Wednesday. The leading gemstone supplier has sold its 50 percent stake in Kariba Minerals Ltd, the Zambian amethyst mine, to ZCCM Investments Holdings for US$2.5 million. “Gemfields’ decision to dispose of its stake in Kariba was drive
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27-6-2019 Zenith launches the El Primero A384 Revival watch to commemorate the 50th anniversary of its famed El Primero chronograph. The homage watch is almost a reproduction of the debuted model back in 1969, except for replacing acrylic glass with sapphire crystal and applying a transparent case back for a view of the movement (photo 2) instead of a solid steel closed version with Zenith’s s
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27-6-2019 Alrosa ranks fourth globally and first nationally in Russia among mining companies by total shareholder return (TSR) in the 2019 Value Creators report, a ranking conducted by The Boston Consulting Group (BCG). According to the BCG analysts, the miner delivered an average TSR of 29.9 percent over the five years from 2014 to 2018, well above the industry’s median of 3.1 precent
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26-06-2019 Swiss watchmaker MB&F has introduced the first platinum timepiece for its HM7 Aquapod series with a vividly crimson bezel, paying tribute to red deep-sea jellyfishes. HM7 Aquapod Platinum Red features free floating numerical appendages and unprecedented transparency surrounding the 60-second flying tourbillon thanks to the clear sapphire balance bridge. All components of the in-h
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26-6-2019 Lab-grown diamond brand ALTR introduces a collection named ALTR X features a patented Hearts and Arrows cut adding the number of hearts and arrows from eight to 10. The company’s president Amish Shah said the light refraction for the diamonds in the collection tops 97 percent. ALTR X diamonds will be grown in ALTR’s diamond reactors, polished at 100X magnification and cut b
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25-06-2019 Kobe-based Tasaki has announced the recent successful registration of a 3D trademark in Japan for its iconic ‘balance signature’ ring (photo 1). Inspired by balancing balls, the ring under the balance series is designed by Thakoon Panichgul, designer of the Tasaki Collection Line. The ring features a row of pearls on a bar as a minimal, modern motif. “The registration is officia
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24-06-2019 The Maharajas & Mughal Magnificence sale held by Christie’s New York on 19 June fetched US$109 million, setting the highest total for any auction of Indian art and Mughal objects and the second highest auction total for a private jewellery collection. Three world auction records were set for Indian works of art and 29 lots achieved over US$1 million. The top lot of the sale was
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24-06-2019 The 8th JNA Awards unveiled the list of honourees across 11 categories on 20 June 2019. According to organiser Informa Markets, there are nearly 100 entries from 15 countries and regions. “Of the 39 Honouree companies that were shortlisted, almost half of them are first-time entrants, indicating a growing interest among quality companies who recognise the importance of this platform
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19-6-2019 HRD Antwerp announces its expansion into the UK market with a new drop-off centre in London’s Hatton Garden for offering services including grading reports for both diamonds and synthetic diamonds. Each unmounted diamond and diamond jewellery piece submitted or shipped to the centre will be sent to HRD’s grading lab for testing and grading before being returned to the Londo
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19-06-2019 The June Hong Kong Jewellery & Gem Fair will commence tomorrow till Sunday at the Hong Kong Convention & Exhibition Centre (HKCEC), providing international buyers a one-off sourcing platform for jewellery, raw materials and production solutions. Organised by Informa Markets, the four-day show will house over 1,900 exhibitors from 40 countries and regions occupying a total area
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18-6-2019 Dior Joaillerie releases a collection of 99 high jewellery pieces named 'Gem Dior' to mark its 20th anniversary. 38 jewellery sets were shown at Venice's Palazzo Labia on 11 June, alongside nineteen exclusive dress designs by Maria Grazia Chiuri (photo 1). The pieces were designed by Victoire de Castellane who has been Dior High Jewellery’s creative director since day one. For th
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18-06-2019 Swiss watchmaker Jaquet Droz opened a new boutique last Friday in Hong Kong. The new store located at Harbour City was inaugurated by the brand’s CEO Christian Lattmann, managing director of the Swatch Group (Hong Kong) Kevin Rollenhagen, vice president of Jaquet Droz Hong Kong & Macao Sylvia Yau and local actor Moses Chan. New creations on display at the event included Magic L
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18-06-2019 In a bid to increase confidence of the trade in natural diamonds, a seminar titled “Decoding diamonds” was held yesterday in Hong Kong by several major industry organisations in the region. The two-hour seminar was co-organised by the National Gemstone Testing Center (NGTC), the Diamond Federation of Hong Kong (DFHK), the Gemstone Examination and Marking Society, Limited (GEMS) a
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17-6-2019 Platinum Guild International’s (PGI’s) Platinum Jewellery Business Review (PJBR) surveys over 1,000 jewellery industry players and more than 1,000 consumers to analyse the platinum jewellery’s performance in 2018 and forecast for 2019 trends in four crucial platinum jewellery markets: Japan, China, the United States and India. India continues to be the fastest growing pla
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17-06-2019 Mikimoto’s store at Elements, Hong Kong, was officially reopened at a new location last Friday. Located on the second floor of the upscale shopping mall, the new venue inspired by a peaceful ocean comes in shinier and wider with a complete new elegant look measuring 1,000 square feet. The carefully designed walls and floor chime with Mikimoto’s sense of subtle luxury. To mark its
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14-6-2019 London-based Taylor & Hart brings the vibrant slice of colour from the LGBT pride flag to its new collection of gemstone bespoke rings in celebration of pride month. Jason D’Heureux, the creative director at Taylor & Hart, said: “I chose to set the gemstones on the inside of the ring as I wanted it to feel extra special and intimate – in an area mostly seen by the
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14-06-2019 The fine jewels auction held by Christie’s Paris yesterday realised a total of 5.9 million euros (US$6.7 million). Eighty-seven percent by lot and 91 percent by value were sold. The auction house said buyers were continuously eager to acquire signed jewels from big brands, including an 8.94-carat, E VVS2 diamond ring (photo 1) and a sapphire and diamond ring from Van Cleef & Arp
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13-6-2019 Mountain Province discovers a new kimberlite pipe at Gahcho Kué mine in Canada during a drill testing of geophysical and geological anomalies in the area. The pipe is the first new kimberlite found at Gahcho Kue in 20 years which combined efforts between Mountain Province and De Beers Canada and named after Alice Evelyn Wilson, first Canadian female geologist, as Wilson kimber
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13-06-2019 The sale of Important Jewels held by Christie’s London yesterday fetched a total of around £5.7 million (US$7.2 million). The top lot was an important ring set with a 10.05-carat, E colour, VVS1, Type IIa circular-cut diamond (photo 1) sold for £347,250. An impressive diamond necklace set with old, circular and baguette-cut diamonds (photo 2) achieved £335,250. A fine late 19th c
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12-06-2019 Singaporean fine jewellery house Simone Jewels has launched a second brand targeting experience-savvy young consumers who can customise their design online. ‘Jouer by Simone’ comes as a playful brand featuring hip, cool and on-the-go jewellery for the new generation. Customers can choose among five collections associated with different personality types namely “Edgy”, “Ocean
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11-6-2019 Swarovski, known for its crystal jewellery will get into natural diamond business within a year. Rough diamonds supplied by the third party will be manufactured into polished items in Austria for its pending collections. “We believe in the natural diamond story and we want to tell the story of a product that makes a positive contribution,” Swarovski said during a GIA panel
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11-06-2019 Jewelmer honours the hero of the family with a selection of fine pearl jewellery that symbolises gratitude for all that dads have done. From the masculine bracelets with lapis lazuli beads or leather, to the 18-karat gold designer brooches and cufflinks, all pieces come with a lustrous round golden South Sea pearl. Established in 1979 by Jacques Branellec and Manuel Cojuangco, Jewe
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10-6-2019 Alrosa sold 101 over 10.8-carat rough diamonds totalling 1,550 carats in New York and yielded US$8.8 million. Some 90 companies from Belgium, Hong Kong, India, Israel, Russia, the UAE and the United States participated in the auction. “Our auctions in the USA keep bringing in new clients, first of all companies from the US market, more than 20 participants were American compa
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6-6-2019 A whopping 86 percent of the jewellers are optimistic about business the year ahead based on the JCK Jewelry Industry Confidence Index (JICI), almost equal to last year’s 88. 67 percent respondents found the online competition is their business challenges, followed by overall economic climate at 56 percent then 50 percent cited a lack of general consumer demand and 40 percent
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5-6-2019 Couture Design Awards announced its winners of 15 categories including two chosen by the public. This year, Couture introduced a new initiative of providing the winner of the Best in Debuting category which is only open to those designers who are exhibiting at Couture for the first time, with a US$10,000 grant towards their Couture expenses the following year. Some of the highlights
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05-06-2019 HRD Antwerp will be launching a professional diamond grading programme in Hong Kong in July 2019. In collaboration with HKU School of Professional and Continuing Education, the five-week ‘Diamond Grading Certification Programme’ enables students to develop diamond grading skills, detect common diamond simulants through 65 hours of theory and practical studies. Qualified HRD Antwer
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4-6-2019 National Museum of China will exhibit 123 pieces of jewellery designed by French artist-jeweler Jean Schlumberger from the Virginia Museum of Fine Arts (VMFA) alongside 11 of its historical relics from 30 May to 1 September titled “Jean Schlumberger: Twentieth Century Treasures from the Virginia Museum of Fine Arts”. Jean Schlumberger is renowned for recreating creatures fro
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3-6-2019 The Gemological Institute of America (GIA) adds natural coloured diamonds to its Diamond Origin Report service. To obtain a Diamond Origin Report, companies have to submit both a rough and polished stone to GIA. Physical measurements and scientific data will be used to compare the two stones. If the data from the polished matches with the rough, GIA will include the information on th
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31-5-2019 Victor mine, De Beers Canada’s first and only diamond mine in Ontario, has ceased production after 10 years and 10 months of operation since the official opening in July 2008. About 8.1 million carats of diamonds were yielded during the decade. Mining activities ended on 5 March. The last economic ore was processed on 25 May and switched focus to low-grade ore and limestone p
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31-05-2019 ‘The Bubble Gum Pink’ ring (photo 1) claimed the top lot of Christie’s Hong Kong’s magnificent jewels auction on Tuesday. The Moussaieff ring set with a 3.43-carat fancy vivid purplish pink cushion modified brilliant-cut diamond, pear-shaped pink diamonds and marquise-cut white diamonds fetched HK$58.8 million (US$7.5 million), with a price per carat of HK$17 million. The ring
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30-05-2019 The 20.09-carat natural unheated Mozambican ‘pigeon blood’ ruby ring (photo 1) was sold for HK$23.04 million (US$2.95 million) at Tiancheng International’s 2019 jewellery spring auction yesterday, claiming the top lot of the sale. Bidding of the ring started from HK$9 million and sold to a phone bidder after nearly 20 bids. According to the auction house, Mozambican rubies of ov
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30-05-2019 Hong Kong jeweller Continental Jewelry has recently announced the acquisition of 85-percent shareholding in New Jersey-based wedding band manufacturer Novell Enterprises. The amount of consideration, including cash and bank guarantee, was US$11.1 million, according to a statement from Continental. Continental Jewelry is a division of Continental Holdings, a listed company in Hong Kong
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29-5-2019 Long-term principal sponsor for the Cannes Film Festival, Chopard created 72 creations, the same number of years the annual film festival has been held, titled Red Carpet collection. Celebrities arrived wearing the jeweller’s magnificent pieces by Caroline Scheufele, its co-president and artistic director and brought glitz and glam on the red carpet at Palais des Festivals. Here
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28-5-2019 Young Americans & Marriage Survey released by online stock trading platform TD Ameritrade showing attitudes of 3,054 American Generation Z and millennial consumers (aged 15-28) towards marriage. Two-thirds of young Americans believe an engagement ring should cost less than US$2,500, almost half of the national average engagement ring cost based on the Real Wedding Study con
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28-05-2019 The 100-percent sold Phillips & Blackbird: Sports watch auction held yesterday by Phillips in Association with Bacs & Russo realised a total of Hk$73 million (US$9.3 million). Partnered with Blackbird Automotive Group and its founder T K Mak, the sale marks the first ever watch auction co-curated with an Asian collector. Particularly strong interest was shown for Rolex sports
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27-5-2019 The Lab Grown Diamond Council (LGDC) will have internationally recognised third-party certifier and standards developer, SCS Global Services (SCS), to create the first sustainability standard in the jewellery industry involving a comprehensive assessment of the lab-grown diamond production process, compliance auditing, diamond testing and traceability and the issuance of SCS Sustain
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24-5-2019 Rio Grande has selected winners for its 19th annual Saul Bell Design Award Competition across nine categories and a Best of Show among hundreds entries around the world. Two different panels of judges judge entries in two rounds this year. Melbournian Debbie Sheezel turned the judgers’ head and took home the Best of Show by her Lineal Alchemy necklace (photo 1). She was inspired b
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23-5-2019 The World Jewellery Confederation (CIBJO) and the Coloured Gemstones Working Group (CGWG) committed to the joint development of tools and resources for responsible sourcing of coloured gemstones, to support a transparent and sustainable coloured gemstone industry through signing MoU. Detailed objectives of the cooperation include: Mutual support in the development and implemen
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22-5-2019 The Gemological Institute of America (GIA) has discovered a layer of 0.10 carats CVD synthetic diamond has grown on a 0.64-carat natural diamond. The greenish-blue CVD layer piled on the dark blue natural diamond and forms a fancy greyish greenish blue hue as a whole. GIA assumed the resulting colour was the main reason behind growing the CVD layer on top of the natural diamond, fol
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22-05-2019 Jewellery designer and artist Reena Ahluwalia continues to donate her paintings to raise funds for the Jewelers for Children (JFC). This year she will donate her recent artwork ‘Hope’ which will be auctioned at JFC’s Facets of Hope event on 2 June in Las Vegas. ‘Hope’ is a 20-inch painting of a realistic round brilliant diamond which took Ahluwalia 200 hours to complete. She
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21-05-2019 Gemfields’ emerald sale in Singapore ended 17 May fetched US$22.4 million, making an accumulated revenue of US$589 million since the first emerald and beryl sale in July 2009. Thirty-five lots of higher quality rough emeralds mined at Kagem were on offer, with 80 percent or 28 lots sold. The top lot has set the record price per carat for Gemfields emerald auctions. In terms of carat
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20-5-2019 De Beers and the Namibian government will build a US$468 million vessel for diamond mining operation off the Namibian coast with US$234 million attributable to its parent company, Anglo American. The vessel is a 50:50 joint venture between De Beers and the government of Namibia. It will be the seventh ship for the miner’s Debmarine Namibia fleet is slated to operate in 2022 w
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17-5-2019 Beverly Hills Jewellery designer Robert Procop and actress-model Brooke Shields team up to launch Legacy Brooke collection. Uncommon gemstones such as rose quartz, grape amethyst and white sapphire and jade were adorned on necklaces, dangle earrings and rings. Their first collaboration traced back to 2015. The collection offered cabochon cut topaz, peridot and emerald in shades
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17-05-2019 Holly’s International (Hong Kong) will be launching its inaugural auction in Hong Kong on 27 May at Grand Hyatt, Wan Chai. CEO Dr Li Yifei and department heads met members of the press yesterday at its art complex in Sheung Wan. Among the jewellery highlights are jewellery artist Wallace Chan’s five earlier creations including a yin-yang ruby and coloured diamond pendant necklace
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16-5-2019 The Lab Grown Diamond Council (LGDC) has launched on 15 May in attempt to develop an international communications programme designed for “focused, research-based messaging on advocacy, communications and education of the unique offering of lab-grown diamonds” in response to the requests from lab-grown diamond market players. “LGDC has been established to create a unified
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16-05-2019 Christie’s spring luxury auctions held 13-15 May in Geneva fetched a total of CHF 77.2 million (US$77.2 million), including CHF 62.1 million from the jewellery sale and CHF 11.5 million from watches. The magnificent jewels sale with over 270 lots was highlighted by a Harry Winston 22.86-carat cushion-shaped Burmese ruby ring (photo 1) which realised nearly CHF7.2 million, tripling i
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15-5-2019 Swiss Gemmological Institute (SSEF) has verified the age of Ana Maria Pearl which will be auctioned at Christie’s on 15 May in Geneva was between the 16th and mid-17th century becoming the first historic natural pearl offered at auction. The pearl verification was done by first-ever radiocarbon age-dating, a technology SSEF in collaboration with the Federal Institute of Techn
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15-05-2019 The birthstone for May, emerald symbolises rebirth and renewal. Fabergé and Gemfields are celebrating this May with responsibly sourced Zambian emeralds, pushing into the limelight the Lady Libertine I wristwatch and the rough Inkalamu, or the Lion Emerald (photo 1). Lady Libertine I (photo 2) features 2.39 carats of hand-carved rough emeralds, 578 snow-set emeralds and 18 brilliant
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14-05-2019 Bangkok-based Asian Institute of Gemological Sciences (AIGS) has newly added a 360-degree video gem view to its reports for stones over five carats. Chairman of the laboratory Kennedy Ho said: “This is a great tool for our clients as the 360-degree view makes it easier for them to sell their gemstones.” AIGS offers a range of gemstone and jewellery analysis reports to enable the
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10-5-2019 Just Perfect MSP received two patents in the United States for its Perfect Fit, a design to prevent top-heavy rings from spinning and slipping by placing weight at two bottoms to make sure the centre stone stays on top. “As today’s rings get heavier on top, women are faced with the dilemma of having their engagement diamond or ring “focal point” fall to the side, or alt
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10-05-2019 Sotheby’s Hong Kong will be launching its debut online jewellery sale on 21 May till 30 May with over 70 lots from HK$6,000 (US$800) onwards. The auction features a wide selection of signed jewellery from legendary brands such as Van Cleef & Arpels, Cartier and Chanel. A selection of whimsical designs and contemporary fei cui pieces will also be on offer. Yvonne Chu, acting hea
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9-5-2019 Pandora will slash 1,200 workers in Thailand, follows 700 layoffs in February in an attempt to save US$1.2 billion by the end of 2020. The company will enhance its marketing investment, particularly in the UK, Italy and China and bring in celebrities and social media influencers to attract young shoppers. The company dropped 6 percent global sales yoy to US$720.5 million in the
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09-05-2019 Forevermark has just launched the latest Trend Report 2019, highlighting two major trends, ‘Enigma’ and ‘On the Wave’, as the influences and inspirations for diamond jewellery design for the season. ‘Enigma’ (photo 1) features symbolic geometries consisting of specific shapes, proportions, complex symmetries and labyrinthine constructions. Diamond jewellery inspired by ‘
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8-5-2019 Chow Tai Fook (CTF) establishes Chow Tai Fook North America (CTFNA) in Boston to celebrate its 90th anniversary. It will house CTF’s existing jewellery brands: Hearts on Fire and Mémoire and positions to be a leading, single-source wholesaler by delivering products, services and know-how especially on technological innovations that help drive profitability and strengthen jewe
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08-05-2019 Picchiotti, Italy, has recently been granted a 20-year US jewellery patent to the technology behind its innovative XpandableTM collection. The Valenza-based brand said according to the United States Patent and Trademark Office, fine jewellery patents are rare, with only 191 patents have been granted for ‘fine jewellery’ since 1976. Launched in early 2016, the XpandableTM collectio
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07-05-2019 A necklace comprising 43 translucent fei cui beads of intense green hue and fine texture is set to lead Tiancheng International’s jewellery and fei cui spring auction dated 29 May. With an estimate of HK$18 million – 28 million (US$2.3 million – 3.6 million), the fine fei cui bead necklace (photo 1) scores very high in colour, texture and translucency. As the auction house puts
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6-5-2019 James Allen, one of the largest online diamond and bridal jewellery retailers in the United States offers synthetic diamonds, following its parent company Signet Jewelers’ entry into the synthetics market and becoming Signet first owned entity subsidiary to do so. “This is a test. If consumers adopt it, then maybe it’s a sign for the rest of Signet to adopt it as well. We�
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03-05-2019 The Fancy Color Research Foundation (FCRF) announced the results of the Q1 2019 fancy coloured diamond index yesterday, with the overall prices dropped by 0.2 percent. Against the backdrop of an overall decline in prices of blue and yellow diamonds, pink stones posed an increase. Led by the three- and five-carat vivid pink categories which increase by an average of 3.1 percent, pink d
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2-5-2019 Jewelers of America (JA) has announced the winners of its 29th CASE Awards among 54 entries received from JA members across the United States. The winners were determined by the following criteria: overall design, marketability, practicality/wearability and quality of manufacture. We have selected some winning designs below: First Place for Jewellery from US$2,001 to $5,000: Bl
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30-4-2019 According to the National Retail Federation (NRF), US customers are expected to spend 13 percent more on jewellery in US$5.2 billion this Mother’s Day, followed by dinners, flowers and gift cards spendings. “Mother’s Day spending has been growing consistently over the past several years, and this year’s spending is expected to be the highest in the 16-year history of ou
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29-4-2019 Louis Vuitton’s Spin Time watch celebrates its 10th anniversary by launching a special collection, Tambour Spin Time Air watch limited to seven designs—three for men and four for women. The watch in 18K white gold with 791 diamonds weighing a total of 6.05 carats has 12 rotating time cubes to display hours and keeps the minute hand just above the big LV monogram. The Calibr
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26-4-2019The Responsible Jewellery Council (RJC) has launched its new Code of Practices defining responsible, social and environmental business practices for companies in the jewellery supply chain.RJC consulted over 300 stakeholders from different continents including its members, civil society organisations and leading global standards and assurance bodies. After 18 months, major changes are mad
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25-4-2019Rio Tinto owned Argyle mine in West Australia dug up a 28.84-carat diamond – the largest in the mine’s 35 years history. Only 20 of plus-20-carat size in the last three decades of operations had discovered, which takes up around 0.00007 percent of Argyle's production.The rough is named Argyle Octavia™ for its unique octahedral shape. “It will go to Antwerp, and through our auctio
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24-4-2019Mumbai based Bharat Diamond Bourse (BDB) will consider lifting the ban in synthetic diamonds trade in the next six months. “We have received representations from a number of our members on (allowing the trade of) synthetic diamonds and we will discuss this at the board level before convening an EGM to allow the same in the next five to six months,” said Anoop Mehta, BDB president.BDB
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23-4-2019 De Beers appoints Nancy Liu to step up from her current role in Forevermark as COO to CEO, takes over from Stephen Lussier, who will serve as Forevermark’s new chairman. “As the brand sees rapid growth in Asia, Nancy’s exceptional expertise and knowledge of the region provide us with excellent continuity as Forevermark goes from strength to strength,” Stephen commented.
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18-4-2019 Okavango Diamond Company (ODC), the Botswana state-owned rough diamond company unveiled a 20.46 carats blue diamond (photo 1), the largest blue diamond ever of the country. It is named after Botswana's Okavango Delta as Okavango Blue by the company in recognition of the land’s precious natural treasure and the World Heritage site, Okavango Delta. The blue stone was cut f
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17-4-2019Swiss watchmaker Breitling will skip the next Baselworld and is on the fence about coming back in 2021. CEO Georges Kern turned up his thumb to the dwindling show’s reform and explained the exit is owing to the 2012 edition which will hold from 30 April- 5 May “cannot be reconciled with our scheduling”. The company will focus on its Breitling Summit. The platform allows Breitli
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16-4-2019 Silver price is expected to jump this year despite a drop of two percent of silver mine production last year as the supply and demand remain stable, according to the World Silver Survey 2019 released by the Silver Institute. The average per-ounce price of silver fell by 7.8 percent mainly driven by the trade dispute between the United States and China, which strengthened the US
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15-4-2019 The Diamond Empowerment Fund (DEF) has introduced its first scholarships exclusively for youngsters in Canada’s Northwest Territories together with the Mine Training Society and the Government of the Northwest Territories (GNWT). Canada’s Northwest Territories hold three diamond mines: Dominion, Diavik which Rio Tinto owns a 60 percent interest and Gahcho Kué, a joint vent
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12-4-2019 London-based diamantaire Graff Diamonds has unveiled its largest emerald-cut diamond in the world weighing 302.37 carats and graded by the Gemological Institute of America (GIA) as highest colour D. It is now named as the Graff Lesedi La Rona. The giant was cut from a 1,109-carat rough unearthed at a Botswana mine in 2015, the second-largest diamond found in more than 100 years whic
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11-4-2019 The Responsible Jewellery Council (RJC) has appointed Iris Van der Veken (photo) as its executive director, effective immediately, replacing Andrew Bone, who headed the group for four years and announced his desire to step down last September. RJC calls her a ‘sustainability pioneer’ who has wide-ranging international experience in the diamond, gold, jewellery and fashion i
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10-4-2019 Sotheby’s will put 75 jewellery pieces in the shapes of flower from the 19th century to the present on for sale at its selling exhibition entitled ‘In Bloom’ in New York. An array of 19th-century jewellery and antique jewellery pieces that trace floral motifs from famed jewellers such as Cartier and Van Cleef & Arpels, as well as contemporary pieces from Sabba and Sha
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9-4-2019 Diamond Producers Association (DPA) sides with the Federal Trade Commission (FTC) of the United States against misleading online advertisement of eight synthetic diamond companies. FTC issued warning letters to eight synthetic diamonds companies that their advertisements violate FTC’s guidance for marketing claims and 10 days were given for revision. “It is now crystal clear
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8-4-2019 De Beers is shutting down its International Institute of Diamond Valuation (IIDV), a diamond recycle unit set up in 2016 due to digital technology advancements. The division aimed to address the diamond resale and valuation problems faced by diamond consumers worldwide. Consumers can take their unwanted diamonds to IIDV. IIDV will make a buyback offer with “more accurate and a
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4-4-2019 The Federal Trade Commission (FTC) of the United States has issued letters to eight synthetic diamonds companies warning their online advertisements of jewellery violate FTC’s Guides for the Jewelry, Precious Metals, and Pewter Industries. The guideline states that any precious stone name, including diamonds, is prohibited to describe a synthetic or lab-grown stone unless the name
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3-4-2019 A 88.22-carat diamond fetched a jaw-dropping HK$108 Million at Sotheby’s Hong Kong Sale of Magnificent Jewels and Jadeite. It is one of the only three oval diamonds that weighs over 50 carats ever at auctions. The spectacular diamond was purchased by a Japanese father and named after his eldest daughter as the ‘Manami Star’. Three bidders from the region competed for the stone.
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2-4-2019 Gemfields posted a loss of more than $60 million for the fiscal year of 2018 due to the new tax regime of Zambian government and a legal case, despite its revenue skyrocketed 252 percent at US$206.1 million, the first time it crossed the US$200-million mark. The Zambian government raised its export tax on gemstones and metals to 15 percent. “Perhaps our biggest challenge over
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1-4-2019 Swiss brand Oris released its Clean Ocean Limited Edition timepiece (photo 1) at Baselworld to stress its standpoint on marine plastic pollution. The token set into the case back (photo 2) is made of used plastic waste which is shredded into small pieces, arranged and pressed into a one-of-a-kind colour mix. The brand made the piece to support the Pacific Garbage Screening (PGS)
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01-04-2019 China Guardian Hong Kong’s spring auctions 2019 concluded on 31 March with a total of HK$372 million (US$48 million). Top lots of the jewellery sale included a Burmese sapphire ring and a yellow diamond ring. The leading lot set with a 49.06-carat natural unheated Burmese cornflower blue sapphire and diamonds (photo 1) achieved HK$16.25 million, while the 27.88-carat fancy intense y
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29-3-2019 De Beer’s Lightbox is putting one-carat lab-grown diamond jewellery, a white diamond pendant (photo 1), a pair of white diamond earrings (photo 2) and pink heart-shaped diamond stud earrings (photo 3) up on its online shelves. All of them have been laser drilled for suspending on a tiny ring to produce a more lively and modern way to present jewellery according to Lightbox. T
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28-3-2019 The first Baselworld with Michel Loris-Melikoff as the new managing director ended up with 520 exhibitors and 81,200 visitors, 22 percent less than the 2018 edition. Despite the decline, Michel has a confident the outlook on next year’s Baselworld. Michel said: “We received an extremely positive response to initial innovations such as the layout of Hall 1.0, the new Press C
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27-03-2019 Hong Kong-based diamond detection technology provider Diamond Services Limited has recently launched a new in-house synthetic diamond screening device for a wider range of merchandise in large quantities with no size limitations. Called Diamond Natural Device (DND), the new device provides solutions for diamonds in the light-brown colour range besides the usual colourless-to-near-colo
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26-3-2019 Alrosa ran a test to examine the quantity, colour features, grade and per-carat price of the Zapolyarnaya pipe of its Verkhne-Munskoye deposit from 11to 15 March. 239 diamonds larger than eight carats each were yielded from 100,000 tons of ore during the five-day-test. They were sent to its sorting centre for assessment afterwards. Two of the largest gem-quality rough recovered
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26-03-2019 Coronet, a jewellery brand of Hong Kong-based Aaron Shum Jewelry Limited, announced its just-added entry on its list of Guinness world records – the most diamonds set on a watch – at a press event on 22 March during the Baselworld 2019. The ninth Guinness record goes to the 18-karat ‘Mudan’ (meaning ‘peony’ in English) watch set with 15,858 diamonds with the dial painted b
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25-3-2019 Diamond Producers Association (DPA) has launched an e-learning programme titled ‘Behind the Brilliance of Diamonds’ for retailers in the United States with history and stories about natural diamonds, providing them educational materials to tell the consumers the story of diamonds. The free course is an hour-long and splits into three informative modules offering straightfor
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22-3-2019 New York-based jewellery designer Maria Canale launches a jewellery campaign ‘Every Drop Counts’ (photo 1) today, the World Water Day, 10 percent of proceeds of sales from her Drop and Wave collections to Water.org, supporting the organisation to empower millions of people with access to safe water and sanitation through affordable financing. Her Drop and Wave collections p
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21-3-2019 Graff unveils the GyroGraff Endangered Species, a five-timepiece-collection the British jeweller describes as one of the most ambitious projects ever by its watchmakers. Each dial depicted a diamond and precious metals marquetrie of endangered and even critically endangered creatures listed by the World Wildlife Fund. Elephant, gorilla, panda, tiger and rhino were put under the
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20-3-2019 Gemological Institute of America (GIA) held its annual jewellery career fair early this month in New York for over 450 students, GIA alumni, job seekers and industry professionals who look to move into the gem and jewellery industry. GIA invited 23 career coaches to offer advices for the job seekers. 56 companies of the industry were at the fair to seek for positions ranging from st
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19-3-2019 Boston-based diamond brand Hearts On Fire partnered with four girls from the Girls Inc. to launch a collection. Jojo, Dakota, Christania, and Emily worked with the brand’s team from concepts, mood boards, CAD to 3-D printing the moulds started in September and have the pieces ready for display after six months. The collection comprises of seven jewellery pieces decorated by dia
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18-03-2019 The World Jewellery Conferderation (CIBJO) has recently published a simplified guide to the do’s and don’ts for sellers of diamonds, gemstones, corals, pearls and/or related artificial products. Titled Ethically Responsible Trading in Diamonds, Coloured gemstones, Pearls & Corals – The Do’s and Don’ts, the guide lists out 13 to-dos and 12 not-to-dos in its English versio
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15-3-2019 Alrosa sold 125 rough diamonds with total weight of 2,090 carats at its Vladivostok auction for an impressive US$9.1 million. There were 24 firms were recognized as bid winners. “The first auction this year in Vladivostok completed with good results. The assortment is still in demand among the market participants from the largest centres of world diamond trade. I believe that inte
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14-3-2019 The Belgian grading laboratory HRD Antwerp aligns the colour and clarity grading scales of synthetic diamonds with the grading system of natural stones after an internal decision to supply customers with the most accurate grading report possible, providing a true description of the diamond. The grading documents for loose synthetics issued in 2013 now expanded synthetics’ col
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14-03-2019 Coronet of Aaron Shum Jewelry Limited will attempt a Guinness world record for the most diamonds set on a watch at Baselworld 2019. The Hong Kong jewellery brand has already achieved eight Guinness world records. The attempt event will be launched on 22 March 2019, Friday at 2:30 PM at Hall 1.1 A31. Set in 18-karat gold with 15,858 diamonds, the ‘Mudan’ watch incorporates a diamon
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13-3-2019 Bulgari adds a sophisticated yet playful piece, Lvcea Tubogas Skeleton to its timepiece collection. The watch is the first and only skeleton watch to take the brand name scattered as the integral part of dial as well as the first which aims to capture women’s heart then wrist, to that end, the brand applied pink gold and 181 diamonds totalling 1.68 carats around the bezel while th
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12-3-2019 The first India Jewellery Park, a project of the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated in Navi Mumbai last week, a year after the signing of MoU with the Maharashtra Government. The park is expected to commence in 2022. The area will occupy 21 acres of land that house manufacturing units, commercial areas, residential area for industrial workers and jewell
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11-3-2019 Gemmological Institute of India (GII), National Gemstone Testing Center (NGTC), Gem & Jewelry Institute of Thailand (GIT) and China Gems & Jade Exchange (CGE) signed a Memorandum of Understanding for a Strategic Cooperation Agreement for Asia-Pacific Gemstone and Technology Standardisation Alliance (AGA) during the Global Jewellery Industry and Standardization Forum at the H
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8-3-2019 Hong Kong jewellery designer Wendy Yue has created two jewellery pieces of the final animal in the Chinese zodiac to mark the Year of the Pig. The snuff bottle has an unsubtle oriental presence, featuring a pig on a side and butterflies on the other smartened up by a string of fei cui beads. The centrepiece applied onyx, coral, pink and blue sapphires, fei cui and diamonds. Another r
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08-03-2019 The first Hong Kong Fei Cui Design Biennial Contest was officially launched on 2 March 2019 at Hong Kong Convention and Exhibition Centre during the Hong Kong International Jewellery Show. Organised by the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), the spectacular event was well-attended by senior government officials, industry leaders, designers, fei cui connois
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7-3-2019 Brazilian jeweller Lily Gabriella Elia unveils her an ode to yellow collection designed for Sotheby’s Diamonds. The jewellery will be showcased alongside artworks during the Hong Kong Spring Sales at the Hong Kong Convention & Exhibition Centre from 29 March until 2 April. These nine pieces feature white and yellow diamonds, yellow and pink sapphires, enamel, rubies and ts
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6-3-2019 United Nations General Assembly (UNGA) has enacted a resolution abide by the appeal of the Kimberley Process (KP) policy changes proposed by the World Diamond Council (WDC) president Stephane Fischler with all 193 UNGA members nodded their heads. The policy expands its definition of conflict diamonds, helps to enhance effectiveness and ensure the contribution to international peace a
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5-3-2019 The Hong Kong International Diamond, Gem & Pearl Show and Hong Kong International Jewellery Fair hosted by the Hong Kong Trade Development Council (HKTDC), brought together over 4,600 exhibitors and more than 90,000 exhibitors from over 141 countries and regions (the former is about 35,000 exhibitors and the latter is about 55,000 exhibitors). The volume increased by 4 percent yo
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4-3-2019 The 20th Hong Kong Jewellery Design Competition jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Jewellers’ & Goldsmiths’ Association (HKJGA), Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), Hong Kong Jewelry Manufacturers' Association (HKJMA) and the Diamond Federation of Hong Kong (DFHK) revealed winning pieces under the ‘Be Co
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01-03-2019 Hong Kong fine jewellery retail chain King Fook Jewellery has announced its new collaboration with Tayma Fine Jewellery, a local brand famed for the owner’s exotic collections of rare gemstones and her trendsetting visions. Among her new designs carried by King Fook are the Dim Sum and Watermelon collections. The bold Dim Sum ring features a captivating Mexican fire opal and diamond
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25-2-2019 De Beers indicates synthetic diamonds wholesale price has slid 60 percent after the launching of its synthetic diamond jewellery brand, Lightbox and yet will continue to drop along with the advancement of technology increase the volume of synthetic diamonds. The diamond giant expects to produce over half a million carats in 2020 after the investment in synthetic diamond factory in O
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22-2-2019 Chanel has long embraced camellia as its jewellery theme to praise for the simplicity and splendour of the bloom. The new ‘One camellia, five allures’ jewellery collection blossomed in Paris comprises Quintessence diamond brooch (photo 1), Rouge Incandescent ruby and diamond bracelet, earrings and ring (photo 2, 3 and 4). The camellia-themed collection consists of 50 pieces
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21-2-2019 The Fancy Color Research Foundation (FCRF) predicts the majority of the 45 most notable diamond mines operating will die within half-century leading most of the diamond supplies will be sourced from the second-hand market. Prehistoric volcanic eruptions brought some of the unearthed diamonds below the earth’s crust at a reachable level, where the vast majority of mines locate. Acc
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20-2-2019 Gübelin Gem Lab has launched the first coloured gemstone blockchain, Provenance Proof blockchain tracks every step along the entire supply chain from mine to end-customer. “The Provenance Proof Blockchain is a truly inclusive solution, applicable to any type of gemstone and open to any stakeholder of the gemstone and jewellery community who is ready to embrace transparency,” G�
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18-2-2019 Gemological Institute of America (GIA) opens Hong Kong laboratory at Goldin Financial Global Centre in Kowloon Bay. Susan Jacques, GIA president, Thomas Moses, GIA EVP, Lawrence Ma, Founding president of Diamond Federation of Hong Kong (DFHK) and John Valley from its board of governors cut the ribbon this morning. The laboratory occupies the entire floor of the centre, i
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15-2-2019 Cartier presented its astronomical jewellery collection, Les Galaxies de Cartier. The limited editions consist of 14 galactic pieces have been inspired by shapes and shades from the Milky Way. ‘The Alignment of the Planets’ cuff cages Tahiti in ever-changing hues within two white gold bracelets representing the planetary line up aligns the Sun, the Moon, Mercury, Venus, Jup
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14-02-2019 The Israel Diamond Institute (IDI) will hold an auction of special diamonds at the Hong Kong International Diamond, Gem & Pearl Show organised by the Hong Kong Trade Development Council (HKTDC) for the second time. The goods will be on display and bids can be placed during 26-28 February at the Israel Diamond Pavilion at the AsiaWorld-Expo. Progress on the bidding will be shown on
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14-2-2019 Alrosa exhibits its polished coloured diamonds, starring by its 14.83 carats oval shape pink (photo 1), the Russian miner’s largest pink diamond. The stone was unearthed from its Ebelyakh mine and cut from a 27.85 carats rough. Its largest pink diamond prior to the 14.83-carat-stone weighed 3.86 carats. “I am sure this diamond will be the most expensive in the history of Russia�
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13-2-2019 Lady Gaga hit the 76th Golden Globes and 61st Grammy Awards with Tiffany’s jewellery. On the red carpet at the 76th Golden Globes, the ‘A Star Is Born’ nominee dazzled in Tiffany’s customised Aurora necklace composed of over 300 diamonds weighing over 100 carats, starring a 20 carats pear shaped diamond as the center piece, a pair of platinum diamond earrings and a trio of p
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13-02-2019 Alrosa, the world’s largest producer of rough diamonds in carats, announced January sales of rough and polished diamonds yesterday. The Russian group sold US$281.5 million worth of rough and polished diamonds over the first month of 2019, a 44-percent drop year-on-year. Deputy CEO Yury Okoemov ascribed the decline to the low season after the active restocking last December. “In J
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12-2-2019 Diamond trading website RapNet will offer jewellery trading. RapNet members can upload product details, images, and a 360-degree view videos of the item for sale, and trade with other members without any transaction fees. “Possibilities are endless with regards to how many new RapNet members we will gain. Adding jewellery allows RapNet to reach a new market in the industry, and th
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11-2-2019 Dutch Diamond Technologies (DD) has created a lab-grown diamond ring ‘Project D’ (photo 1) for its 10th anniversary. “The ring was made from a large piece of a 155-carat rough CVD lab-grown diamond which was polished using laser cutting and traditional techniques into a ring which has 133 facets,” HRD Antwerp, who graded the Project D said. The ring in colour E with no fluor
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11-02-2019 A platform to bring Thai cultural heritage, craftsmanship and SMEs to the global jewellery market, the 63rd Bangkok Gems & Jewelry Fair (BGJF) will be held 20-24 February 2019 at Challenger Hall 1-3, Impact Muang Thong Thani, Bangkok, Thailand. Themed ‘Thailand’s Magic Hands’, the 63rd BGJF will be housing over 800 leading Thai and international exhibitors and over 1,800 boo
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04-02-2019 The Gemological Institute of America (GIA) has added alexandrite to its Colored Stone Identification & Origin Report services which also include ruby, sapphire, emerald, Paraiba tourmaline and red spinel. The Identification & Origin Report describes whether the stone is natural or laboratory-grown, identifies the type of gemstone, includes any detectable treatments and offers
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1-2-2019 India’s Minister of Commerce & Industry has launched the Gem & Jewellery Domestic Council in Mumbai on 28 January to ‘bring together all the different segments of the industry within India under a common banner’. The council will operate in the form of a federation and have trade associations as members and aims to strengthen domestic manufacturing and develop a wider b
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01-02-2019 Driven by a strong market for 20th century and contemporary art as well as the increased sales in Hong Kong, Phillips has recently announced an overall sale in 2018 of US$916.5 million, marking a 29-percent increase over US$708.8 million in 2017, and the highest annual total achieved for the auction house ever. Top lots of the watch and jewellery sales in 2018 include ‘The Unicorn�
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31-1-2019 California-based engagement ring retailer Robbins Brothers is hiring a couple to travel to six selected cities in the United States for six weekends to discover the perfect place to pop the question. "We are always looking to elevate the engagement ring shopping experience we offer at Robbins Brothers, and a big part of that is the assistance we offer in planning the perfect proposa
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30-1-2019 Alrosa discovers a slightly yellowish white diamond rough weighing 191.46 carats at its Udachnaya kimberlite mine, its largest unearthed in about two and a half years. Evgeny Agureev, the company’s director of the United Sales Organisation said the rough will go to the United Selling Organization for the detailed study and evaluation. Udachnaya pipe is Alrosa’s largest open
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29-01-2019 Lucara Diamond Corp, Canada, announced yesterday the recovery of a 240-carat top white gem diamond (photo) from its Karowe Diamond Mine in Botswana. This diamond will be shown at Lucara’s upcoming diamond tender closing on 7 March 2019 together with the 127-carat top diamond reported earlier this year and other exceptional diamonds recently recovered from Karowe. A total of 54 diam
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29-1-2019 The Jewelers Board of Trade (JBT) reported the industry continued to shrink despite the number of newcomers jumped 30 percent, yet outnumbered by the 1,064 quitting market practitioners in North American last year namely 893 retailers, 106 wholesalers and 65 manufacturers due to ceased operations, merged or were acquired, or filed for bankruptcy. JBT president Richard Weisenfel
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28-1-2019 The Vicenzaoro January (VOJ) organised by the Italian Exhibition Group (IEG) garnered over 35,000 visitors with significant growth in overseas buyers, accounting for 60 percent of 96,000 visitors from 130 countries at the show. IEG stated that there was a 46 percent up in visitors from Kazhakastan, over 11 percent increase from United Kingdom and 10.5 percent from France and Norther
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28-01-2019 The controversial yet fascinating stories of French queen Marie Antoinette have inspired Lydia Courteille to launch her latest extravagant and bold jewellery collection, bringing to life the queen’s graceful and lavish lifestyle, her social and political influences, and the dark side of her at time of the French Revolution. (Photo courtesy: Lydia Courteille)
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25-01-2019 The 8th JNA Awards has added two new categories to cope with the changing needs and emerging trends in the jewellery industry while encouraging wider participation from around the globe. Commenting on the newly added ‘New Outstanding Enterprise’ and ‘Manufacturer of the Year’ categories, Letitia Chow, chairperson of the JNA Awards and director of business development – jewel
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24-1-2019 Alrosa has appointed Rebacca Foerster as Alrosa president in USA, responsible for the development of its polished diamond sales and customer service. Rebecca Foerster had worked at Leo Schachter Diamonds, Rio Tinto and Frederick Goldman prior to the appointment. Ms. Foerster has a wealth of experience in companies that represent almost all parts of the diamond pipeline, from di
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23-1-2019 Mothae mine in Lesotho which Lucapa holds a 70 percent stake with the Kingdom of Lesotho holds the rest has produced 3089 carats of diamonds from 78,426 tonnes of ore in its first commercial recovery. Six roughs weighing more than 10.8 carats (named specials) including two D-color white diamonds weighing 78 and 38 carats were unearthed. The result of 3.94 carats per 100 tonnes is mo
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22-1-2019 Hong Kong International Diamond, Gem and Pearl Show and Hong Kong International Jewellery Show organised by the Hong Kong Trade Development Council (HKTDC) will take place from 26 February- 2 March at AsiaWorld-Expo and from 28 February- 4 March at the Hong Kong Convention and Exhibition Centre (HKCEC) respectively. The twin shows will gather welcome more than 4,600 exhibitors from
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21-1-2019 Swiss brand Parmigiani Fleurier unveils its Toric Capitole (photo 1) at Salon International de la Haute Horlogerie Genève (SIHH), which is a nod to a 19th century mechanical pocket watch (photo 2) first created by Perrin Frères of Neuchâtel. The hand engraved spirals (photo 3) on the dial are the floor tiles pattern of Piazza del Campidoglio in Rome (photo 4). The wrist piec
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18-1-2019 The Mediterranean gem and jewellery conference will hold its 5th edition in Limassol, Cyprus from 17-19 May. “It is a ‘trade-technical’ conference that exposes current trade problems,”the organizers CGL-GRS Canada Gemlab and Independent Gemological Laboratory (IGL) said. The conference has its special format such as holding lectures, practical workshops and round table
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17-1-2019 Alrosa is returning to Zimbabwe for new mining operations after almost two years break. The miner will develop exploration and extraction projects with the support of the government under President Emmerson Mnangagwa, who sees diamonds as a major way to revive Zimbabwe’s mining industry, which has suffered years of decline. Alrosa aims to establish joint diamond and other ore mini
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16-01-2019 Swiss watchmaker Longines has launched the 50,000,000th wristwatch from the Longines Master collection in celebration of the historical moment. The new piece with the serial number 50,000,000 for the special occasion is intended to be iconic of the brand's rich heritage. Combining classic elegance and excellence, this model houses the new and exclusive L897 automatic calibre within a
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12-01-2019 First important show for the global jewellery sector, Vicenzaoro January 2019 is scheduled for 18-23 January in Vicenza, Italy. Organised by Italian Exhibition Group (IEG), the jewellery boutique show is Europe’s reference point and is considered as an exclusive showcase for launching latest creations from leading jewellery brands around the globe. In a bid to facilitate visitors c
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11-1-2019 The California-based jewellery designer who has accessorised over 500 celebrities for the red carpet, Martin Katz debuts collection features a bright splash of colour on leading online retail platform Net-a-Porters’ British and American sites starts at US$30,000 and top off at a US$76,000. He said the items are vivid and artistic. You can tell they are by Martin Katz. His bra
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09-10-2019 London-based Bonas will hold a polished coloured gemstone tender in Bangkok during 18-22 February 2019, coinciding with the Bangkok Gems & Jewelry Fair (BGJF). Supported by the Asia Gem Center (AGC) and the Jewelry Trade Center (JTC), the tender will feature about 400 lots of yellow sapphire, star sapphire, pink sapphire, ruby, emerald, aquamarine, alexandrite, cat’s eye, etc. V
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8-1-2019 The Israel Diamond Exchange (IDE) will hold its first ever tender of Israeli polished offered by its members at its International Diamond Week in Israel (IDWI) from 27-31 January to open up new markets for Israeli diamond companies. IDWI Chairman Ezra Boaron said the IDWI 2018 was a huge success. The trade show attracts the participation of several hundred buyers from over 20 co
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7-1-2019 The Diamond Producers Association (DPA) has appointed Kristina Buckley Kayel as managing director of its North American division effective from 4 February. She will be responsible for the development and implement of the consumer marketing and communications strategy with a focus on the group’s ‘Real is rare. Real is a diamond’ platform, as well as trade and organisation manage
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4-1-2019 The Original Miami Beach Antique Show will auction jewellery and timepieces from the Victorian era and WWII on 26-29 January at the Miami Beach Convention Center. Katrina Canady, the show manager said their vendors are among the most knowledgeable in the world. They are always thrilled to satisfy the curiosity of those who are interested. Visitors always leave with a wealth of a
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3-1-2019 French independent watchmaker, F.P.Journe introduces the 2019 edition of the Chronomètre à Résonance for its 20th anniversary in a 40mm platinum case and a white gold dial or a 40 mm rose gold case and a rose gold dial. The special ‘farewell dial’ will be produced for only one year. The hour dial at 3 o’clock maintains an analogue 12-hour indication while the dial at 9
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2-1-2019 ICRA, an Indian investment information agency estimates gold jewellery demand in India will rise six to seven percent over the medium to long-term, buoyed by cultural underpinnings, evolving lifestyle and growing disposable income. Favourable agricultural yields in the past two years have triggered the gold jewellery demand as 65 percent of the Indian population lives in rural areas.
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21-12-2018 De Beers announces works with the National Gemstone Testing Center (NGTC) to extend the accessibility of De Beers’ diamond education courses to students in China at the Beijing Jewellery Show. Sun Feng Min, Vice Director of NGTC said: “The NGTC and De Beers Group will cooperate to run a series of courses on diamond identification, grading, the diamond value chain, synthetic dia
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20-12-2018 Chow Tai Fook (CTF) has joined Tracr’s pilot program, De Beers’ diamond blockchain traceability platform aims to provide confidence to consumers that the diamonds are natural and conflict-free, improve visibility and trust within the industry and enhance efficiencies across the diamond value chain. The participation of CTF allows the platform to set foot in the Asian diamo
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20-12-2018 Famed for its signature twisted-cable design, Geneva-based Charriol has introduced new entries to St-Tropez watches and Le Fil D’or jewellery. Inspired by the renowned Cannes Film Festival, the two new ‘St-Tropez Festival’ watches feature a purple palm leave on the dial made of white or black MOP (photo 1) with a steel or black steel cable strap. Also new to the collection are f
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19-12-2018 Cartier has jazzed up its 'Tank Chinoise' under the Libre collection debuted in 1921 with red, a symbolism for passion and vitality in China. The square facet of 'Tank Chinoise Red' is lengthened to a rectangle by adorning horizontal bands of rubies between black enamels and bordered by lines of diamonds. The waist piece is limited to 100 pieces. The 'Diagonale' watch, which is li
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19-12-2018 In a bid to stay competitive amidst challenging times for the watch and jewellery industry, Baselworld and Salon Internationals de la Haute Horlogerie (SIHH) have agreed to synchronise the show dates starting 2020 till 2024. Under the new schedule, SIHH will be held from 26 April to 29 April in Geneva, and Baselworld from 30 April to 5 May in Basel in 2020. Fabienne Lupo, president a
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18-12-2018 Chow Tai Fook (CTF) signed a memorandum of cooperation with Tencent. CTF will commence WeChat Pay HK in designated stores in Mainland China next year. Hong Kongers can pay HKD through the program while the payment will be in RMB. The Group will then promote WeChat Pay HK to other outlets in the Greater Bay Area and other cities across mainland China, and further expand the payment
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17-12-2018 Dominion Diamond Mines unearths the largest yellow diamond ever in North America at the Diavik Diamond Mine in Canada, weighs in 522 carats, beats the previous record of 187.7 carats that was dug up at the same mine in 2015. The rough is about the size of a chicken’s egg. The miner plans to pick a cutting and polishing partner for the stone, instead of selling it as a rough,
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14-12-2018 ‘Rose of Mozambique’, a ruby sold at Gemfields’ Singapore auction to Thai gem specialist Sant, is cut and polished from 12.24 carats to 7.67 carats. The work is executed with steel saw and fine spinning wheel to enhance the ruby final bright facets. “Rubies, unlike diamonds, are not about the carat – they’re valued on the intensity of the colour and how the stone w
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13-12-2018 Term harmonisation of laboratory reports is reached during the Laboratory Manual Harmonisation Committee (LMHC) meeting hosted by the Gübelin Gem Lab in Switzerland. The committee comprises representatives from Japan’s Central Gem Laboratory, the Swiss-based Gübelin Gem Lab, the Gemological Institute of America (GIA), the Gem and Jewelry Institute of Thailand, and the Swiss Gem
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12-12-2018 Diamond Federation of Hong Kong (DFHK) celebrates their grand opening and ribbon cutting today at their new office located in Hunghom. Their previous office set in Central. Laboratory of National Gemstone Testing Centre (NGTC) adjacent to DFHK office also holds its grand opening today. Chow Kit Shing, DFHK chairman thanked for the support of DFHK’s members and said cooperati
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11-12-2018 Independent watchmaker MB&F adds purple to its horological machines, Legacy Machine No. 1 named Legacy Machine No. 2 which limited to just 12 pieces in 18 karat white gold. The movement with Geneva waves, polished bevels and bridges is all executed by Voutilainen and 2010 Grand Prix d'Horlogerie de Genève best watchmaker Mojon. Both of their names appear on the calibre. L
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10-12-2018 Dolce & Gabbana (D&G) releases Italy made Rainbow collection inspired by the Bourbon period, emphasises the delicacy of colours composition. The necklace (photo 1) comprises over 30 gemstones, namely amethyst, topaz, tourmaline, peridot, beryl and quartz etc with varied cuts and settings. A baroque South Sea pearl is inserted as end-piece on the chain adjustment. The collec
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7-12-2018 The 2018 Global Diamond Report, which is published by Bain & Company in collaboration with Antwerp World Diamond Centre (AWDC), foresees the market expansion of lab-grown diamonds. The company indicates that about two million carats of gem-quality and lab-grown polished can be produced each year with a majority of them are under 0.18 carat. In short to medium term, the grow
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6-12-2018 London-based Atelier Technology has secured investment from a consortium of five companies led by Chow Tai Fook (CTF) and Swarovski. Five jewellers have made an undisclosed investment with three of them remain anonymous. Atelier Technology is a cloud-based interactive trading software to provide a solution platform for diverse jewellery stakeholders including retailers, brands,
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06-12-2018 Christmas is forever; so is a diamond. De Beers’ jewellery brand Forevermark welcomes the approaching festive season by hosting a ‘Light up the Holiday’ event yesterday in Hong Kong, with highlights of new additions to the Endlea diamond jewellery collection. Consisting of necklaces, bracelets, earrings and rings, the Endlea collection features a ribbon motif meaning eternity fo
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5-12-2018 Hong Kong jewellery giant Chow Tai Fook (CTF) reported a 20 percent yoy surge to HK$29,703 million in its interim results for the six months ended 30 September buoyed by a tourist traffic recovery from Mainland China. The retailer’s same-store sales growth in Hong Kong and Macau went up for 24.4 percent and same-store sales in Mainland China rose by 4.9 percent in the period.
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4-12-2018 JMA International Jewelry Design Competition organized by the Hong Kong Jewelry Manufacturers’ Association (HKJMA) and HKJE magazine revealed winning pieces under the theme of ‘Blossom’ during the Hong Kong International Jewelry Manufacturers’ Show. A total of over 320 entries competed to get the nod from the judges. See winner pieces presented by Kimmy Low, the Champio
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28-11-2018 British designer Stephen Webster collaborates with Atelier Swarovski, Swarovski’s high-end design-led label on a line featuring lab-grown diamonds and recycled gold. The firm’s executive board member Nadja Swarovski commented a diamond is a diamond. Working with lab-grown diamond puts sustainability at the forefront that does not compromise beauty. Stephen, who used to
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28-11-2018 Emperor Jewellery, Hong Kong, has just opened the first flagship store in Malaysia. The company’s top executives, government officials and celebrities attended the grand opening yesterday. The ribbon-cutting ceremony was officiated by Dr Albert Yeung, chairman of Emperor Group, Cindy Yeung, chairperson and CEO of Emperor Watch and Jewellery, Tan Kok Wai, Malaysian prime minister’s
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27-11-2018 Tse Sui Luen (TSL)’s sales moved upward by 10.2 percent to HK$1.91 billion in the last financial year, sales in Hong Kong and Macau climbed 13 percent to HK$712.2 million and grew 9 percent to HK$1.17 billion in mainland China. Despite the sales uptick, the unknown impact of the US-China trade war still rings the jewellery retailer’s alarm bell as there was a loss of HK$103.1 m
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26-11-2018 De Beers’ Forevermark celebrates festive spirit by introducing the Rac&Stac stackable cocktail rings collection. The brand said stackable ring is a jewellery trend that has never gone out of fashion as well as a must-have in every woman’s wardrobe. Each stack of a Rac&Stac ring is a combination of enamel, motifs of elephants, hearts, stars or floral patterns and a Forev
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23-11-2018 Jonathan Ive, Apple’s chief design officer recently works with renowned industrial designer Marc Newson on a ring made entirely of diamond exclusively for (RED) by Diamond Foundry and go under hammer at Sotheby’s (RED) Auction, an auction raising funds for the fight against AIDS in eight African countries that exhibits and auctions during Art Basel Miami Beach on 5 December. Th
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23-11-2018 Christie’s Hong Kong will be having an exciting line-up of some of the rarest works of art from all over the world at its autumn auction. For the magnificent jewels sale, ‘The Peacock Necklace’ and ‘The Ultimate Mogok Blue Treasure’ necklace are set to attract intense bidding. ‘The Peacock Necklace’ (photo 1), leading lot of the jewellery sale, is set in platinum with 21
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22-11-2018 Jewelers International Showcase (JIS) January show originally scheduled on 12-14 January will now be held from 19-21 January. Reed Exhibitions, the organiser explained the show was forced to move to 12-14 January due to the renovations of the venue, the Miami Beach Convention Center. As the renovation is no longer an issue, the organiser switched back to the original dates and venu
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21-11-2018 VOD Dubai International Jewellery Show (VOD DIJS) organized by DV Global Link, a joint venture between Dubai World Trade Centre (DWTC) and the Italian Exhibition Group (IEG) took place at the Dubai World Trade Centre from 14-17 November gathered exhibitors from 21 countries and visitors from over 80 countries. Show Director Luca Veronesi commented the B2B and B2C platform boosted D
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20-11-2018 Denmark- based Hartmann’s Jewellery debuts a collection centered on Greenland’s rubies and pink sapphires. The collection features more than 50 pieces of Greenlandic ruby and pink sapphire necklaces (photo 1), earrings (photo 2) and rings (photo 3) using approximately 300 carats of rubies and pink sapphires. They cost from US$1,500- 45,000 at retail and will be launched in Scan
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20-11-2018 London-based Gemfields has just announced the results of an auction of higher quality rough emeralds held 14 – 17 November 2018 in Singapore. The emeralds were extracted by Kagem Mining Ltd in Zambia. The proceeds of this auction will be fully repatriated to Kagem, with all royalties due to the Government of the Republic of Zambia being paid on the full sales prices achieved at the a
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19-11-2018 All 100 jewellery once owned by the Bourbon Parma family garnered Sotheby’s US$53.1 million, over seven times higher than its original estimation at its Magnificent Jewels and Noble Jewels auction in Geneva. A natural pearl pendant (photo 1) once belonged to the French queen Marie Antoinette was under the spotlight, sold for US$36.2 million, more than 15 times its original estima
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16-11-2018 The World Diamond Council (WDC) voiced for an expended definition of conflict diamonds, a proposal put forward by the Canadian government, at the Plenary Session of the Kimberley Process (KP) in Belgium. The suggested definition includes “rough diamonds used by public security forces or private (including criminal or mercenary) armed groups to acquire wealth through the illegal c
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16-11-2018 Glittering in the candlelight, Christmas trees and wreaths thick with the scent of pine load up the joyful season with peacefulness and happiness. Mikimoto has launched two new brooches inspired by the Christmas motifs. Both the Christmas tree brooch and the wreath brooch are set in 18-karat yellow gold with Japanese akoya pearls sizing from 3.25mm to 5.50 mm with diamonds. In celebra
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15-11-2018 Harry Winston acquired a18.96 carats pink diamond, Pink Legacy, for more than $50 million at Christie’s Magnificent Jewels sale in Geneva on 13 November, achieved a world record for a pink diamond sold at auction. “This exceptional diamond captured the imagination of international collectors across the globe, with over 30,000 people visiting Christie’s sale previews to see th
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15-11-2018 A 29.53-carat D colour IF Type IIa diamond will be going up for auction in Hong Kong on 2 December at the jewellery and jadeite autumn sale by Tiancheng International. Set in a platinum ring flanked by two heart-shaped diamonds and several others on the basket and shank totaling 4.45 carats, the pear-shaped centre stone (photo 1) possesses an astonishing weight, top-grade colour and c
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14-11-2018 Graff Diamonds has revealed the first 60 D-colour polished diamonds that cut from the 1,109 carats Lesedi La Rona rough (photo 1), the second largest rough in history after the 3,106 carats Cullinan diamond, which was acquired for US$53 million last September from Lucara Diamond. Each is verified by the Gemological Institute of America (GIA) and laser-inscribed with both Graff and
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14-11-2018 Hong Kong-based eco-chic jewellery brand niin introduced its AW 2018 collection Ha tha in early November, reminding us of the importance of balance. ‘Ha’, representing the sun and masculinity, is hot and active; ‘tha’, representing the moon and femininity, is cool and gentle. Each is shown in the materials used in the 21-piece collection- stainless steel, rose gold, silver and
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14-11-2018 Swiss watchmaker Doxa has recently co-launched a romantic watch collection in collaboration with Hong Kong’s celebrated fashion designer Dorian Ho. DOXA x Dorian Ho Love Quartet Collection comprises of four lines, ‘The Pulse’ (photo 1), ‘Tie the Knot’ (photo 2), ‘Earlymoon’ (photo 3) and ‘Tux and Gown’ (photo 4), each representing a stage of love story from the first
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13-11-2018 Oroarezzo show organised by the Italian Exhibition Group (IEG) focus on gold and jewellery made in Italy has been brought forward to 6-9 April from 4-7 May. The decision was made to avoid overlapping with religious festivals, namely Easter, Passover and Ramadan. The show attracted 650 exhibitors and 25,000 traders from 82 countries in 2017.
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12-11-2018 Seiko executes its world’s first diver timepiece in a sport-ready style with a lightweight titanium case, featuring a two-layer case and silicon accordion strap for ample protection against shock, corrosion as well as the expansion and contraction due to the changing divers' depth. Its water-resistance is up to 200m. The ‘Prospex Street Series’ is powered by its ten-month pow
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8-11-2018 The Cultured Pearl Association of America (CPAA) has revealed seven winners of its 9th Annual International Pearl Design Competition (IPDC) among 33 American finalist pieces across seven categories, plus one popularity award chosen by Instagram likes on the CPAA account. See all winner pieces below: President’s Trophy (the most beautiful and original design concept) Rivoli (
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7-11-2018 Chinese e-commerce giant Alibaba will collaborate with Antwerp World Diamond Centre (AWDC) to offer Antwerp diamonds to Chinese e-shoppers via Alibaba’s Tmall platform, Shape of Antwerp Online Flagship Store. The store is created as a form of partnership by HRD Antwerp and Alibaba, a diamond certification company with laboratories of AWDC. Each diamond is lasered a QR code on its
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6-11-2018 The Q3 prices for fancy pink and blue diamonds climbed 0.4 and 0.7 percent respectively while price of yellow diamonds dipped 0.1 percent, according to the Fancy Colour Diamond Index published by the Fancy Colour Research Foundation (FCRF). A distinctive difference in prices can be spotted in the one carat category, blue diamonds rose 4.7 percent, yellow diamonds dropped 2.2 percent
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5-11-2018 The PREMIER show debuted by the Emerald Expositions launches www.premiershow.com, a website for designers and brands to register for exhibiting at the show as well as a strategic social media campaign. The website will provide exhibitor list, online registration for the show and special hotel rates offer in Las Vegas. The PREMIER show collocates with AGTA Gem Fair Las Vegas and the
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2-11-2018 Fair Congo, a NGO’s company of the Democratic Republic of Congo (DRC) has exported conflict-free and responsible sourced artisanal gold for the first time to jewellers in the United States, according to a statement from Responsible Artisanal Gold Solutions Forum (RAGSF). The organization cooperates with the US Agency for International Development (USAID) and American companies to
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1-11-2018 Bonhams will auction a Chameleon diamonds necklace at its Rare Jewels and Jadeite sale in Hong Kong on 25 November. Graeme Thompson, Bonhams Asia Director of Jewellery said Chameleon diamonds are mysterious, the diamond’s colour transform from olive green to brownish yellow or yellow depends on temperature and light conditions. The exquisite diamond necklace features nine Chameleo
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31-10-2018 Gemfields recovers a 5,655 carats emerald with ‘remarkable clarity and a perfectly balanced golden green hue’ named Inkalamu (lion in Zambian language) from its Kagem mine in Zambia earlier this month. International Gem Society said Inkalamu qualifies as the third largest green gemstone ever found. The giant gemstone will go under hammer at auction in Singapore in November. 10
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30-10-2018 Dior unveils a new ‘Tête de Mort’ jewellery collection as a new interpretation of the traditional memento mori jewellery dates back to the 15th century for reminding wearers their existence. The jewellery is designed by Dior’s creative director, Victoire de Castellane, comprises three rings and matching pendants. Each colour stands for a state of mind: blue chalcedony for st
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29-10-2018 The British luxury automobile maker Rolls-Royce partners with Fabergé debuts a Fabergé Egg, ‘Spirit of Ecstasy’. The egg which is conceived by Rolls-Royce Designers Strfan Monro and Alex Innes, rendered by Fabergé Lead Designer Liisa Talgren and has been brought to life by Paul Jones ornaments with a nearly 10 carats round white diamonds and natural amethyst weighing over 39
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26-10-2018 Omega’s newly Constellation models, ‘Manhattan’ (photo 1) designed exclusively for women, launched in Shanghai with model ambassadors Nicole Kidman, Cindy Crawford, Alessandra Ambrosio (photo 2), and Chinese actress Liu Shi Shi (photo 3) as friends of honor. The original Constellation was introduced in 1952, redesigned in 1982 and refurbished again in 1995. The collection ava
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24-10-2018 The CARAT+, an annual Antwerp diamond show was due to be held from 10-12 February 2019 has been postponed due to ‘declining commitment of buyers and sellers as exhibitor or visitor’, the organiser Filip Van Laere and Dirk Blommaert said and added that they would focus on cracking the code of how to attract more exhibitor and visitor. The show garnered 130 exhibitors and over 30
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23-10-2018 The Gem and Jewelry Institute of Thailand (GIT) expects Thailand’s export of jewellery and gemstones will grow in Q4 amid a global economy bounce back and the approaching festivals. Duangkamol Jiambutr, director of GIT indicated that buyers are stocking up for the huge luxury good demands in Christmas and New Year. Duangkamol added Thai jewelers should focus more on the trending
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22-10-2018 Nancy Chui, owner of amber jewellery enterprise Amberozia in Hong Kong, has recently launched a new venture named Kocham Polske.HK or ‘Love Poland’ in Hong Kong, dedicating to sharing Polish heritage, art and culture with people in the city. Located in Wanchai district, the open plan studio is made up of different sections for jewellery showcase, library, studying and administrati
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22-10-2018 The recorded United States jewellery businesses dropped 4.7 percent from 27,492 to 25,268 in Q3, compared to last year, as stated by Jewelers Board of Trade (JBT). The number of closed wholesalers reduced 35 percent and 51 newcomers entered the industry while 12 manufacturers off the market and the exited retailers climbed 10 percent. Most of the quitted companies were not involved
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19-10-2018 Chaumet’s new brightly coloured collection, Joséphine Aigrette comes with pear-shaped citrine, rhodolite garnet, peridot, aquamarine, amethyst and pearl mourned on tiara silhouette shaped rings, earrings and necklaces. The Parisian jeweller offers a ‘Make It Yours’ virtual ring builder for customers to design a desirable stacking rings.
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19-10-2018 The Singapore Jewellery & Gem Fair (SJGF) will open next Friday, 26 October, at Marina Bay Sands. In addition to jewellery showcases from around the world, the artistic event will present informative seminars, creative workshops, art showcase and more. More than 150,000 timeless pieces, jewellery collections and bespoke pieces such as fine jewellery, gemstones and pearls will be f
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18-10-2018 Girard Perregaux will partner with China Watch to organise ‘Century Heritage - Advanced Complex Watch Exhibition’ at China Watch hall in Tainan city from 21- 27 October. The watchmaker will exhibit its Antique watches, including its two-sided full-calendar hunter watch introduced in 1900, which owned by the last Egyptian King, Farouk. Its modern and innovative watches will also
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16-10-2018 Alrosa sold 90 percent lots of rough diamonds over 1,300 carats at US$7.9 million to clients from US, India, Israel, Belgium, the United Arab Emirates in New York. Lots included a white diamond with yellow shade weighing almost 98 carats and a white diamond weighing 108 carats (photo). “The auction was held during some major holidays, therefore some of our customers couldn’t at
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16-10-2018 Swiss Gübelin Gem Lab will launch industry’s first gemstone blockchain, Provenance Proof Blockchain, in February 2019 partnering with London-based technology enterprise Everledger. The Provenance Proof Blockchain was initiated by Gübelin Gem Lab in January this year in a bid to record and track all steps of individual gemstones along the value chain from mine to end-consumers. Cur
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15-10-2018 Gemfields, the world’s leading supplier of responsibly-sourced coloured gemstone, has launched a global advertising campaign called ‘Every Piece Unique’ in order to raise awareness of responsible sourcing in the coloured gemstone industry and promote Zambian emeralds and Mozambican rubies. Gemfields believes that coloured gemstones should be mined and marketed by championing thr
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12-10-2018 The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) has formed the new management board at the annual general meeting held today. Top executives of HKJJA’s 34th term (2018-20) council of management include: President & director - Billy Lau of East Arts Jewelry Honorary chairman & director – Benedict Sin of Myer Jewelry Chairman – Ken Lo of Eternity Ma
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12-10-2018 Chow Tai Fook will debut a bridal jewellery collection ‘Vera Wang Love’ with wedding dress designer, Vera Wang on 19 October in Chow Tai Fook Shanghai stores. The collection is designed by Vera Wang for “the modern Chinese bride, who has begun to incorporate diamond jewellery into traditional engagements’, comprises 18 karat gold and platinum engagement ring, wedding bands
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11-10-2018 Gemological Institute of America (GIA) discovers crowningsheildite, a newly discovered mineral named in honour of G Robert Crowningshield, a 50-year GIA gemological researcher on lab-grown diamonds. Crowningshieldite was first discovered as an inclusion in two CLIPPIR diamonds from the Letseng mine in Lesotho. It was accepted as a mineral in September by the International Mineralog
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10-10-2018 Alrosa subsidiary JSC Almazy Anabara recovered a 28.59 carats deep greenish-yellow rough at its Ebelyakh alluvial deposit, the biggest yellow rough found this year. The company is studying the stone in detail, Evgeny Agureev, director of the United Selling Organization (USO) of Alrosa said “in advance that it is fancy vivid yellow” with a “small inclusion in the intermediate
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10-10-2018 Swiss luxury brand Charriol has launched the Slim collection modern-chic watches for younger audience. Made of yellow gold or steel, the 34mm wristwatches feature a dainty bezel, a dial made of black MOP, white MOP or a vibrant purple lacquer finish, an open bangle of the brand’s signature twisted cable. The deluxe option comes with a bezel set with 88 white diamonds or rubies and
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9-10-2018 Pandora launches its new charm bracelet line, Pandora Reflexions after 5 years as consumers nowadays prefer a clean and timeless design. The new line is an example to bring innovative products to customers, stated Pandora’s CCO Stephen Fairchild. In contrast to the company’s iconic charm design, Reflexions clip on charms are flat and minimalistic. It will offer in rose-gold and
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8-10-2018 Sotheby’s sold a 5 carats fancy vivid blue diamond and diamond ring named the ‘Ai’ diamond after the Chinese word for love for US$13.8 million at its magnificent jewels and jadeite autumn sale at the Hong Kong Convention and Exhibition Centre. Yvonne Chu, head of Sotheby’s jewellery department commented that there is a continued and strong demand for high-quality blue diamon
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05-10-2018 Swiss watchmaker Corum has just announced its decision to quit 2019 Baselworld, after 62 years of attendance to concentrate more on its clients and organise more intimate and well-targeted events across three continents. Jérôme Biard, CEO of Corum, said: “We are working hard, with positive results, to get Corum back on the path of its golden age, when Corum took the first position
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5-10-2018 Jewelers of America (JA) and the GEM Awards committee have announced Tiffany & Co will receive the 17th GEM Awards for Marketing & Communications. “Tiffany &Co has been a leader in the marketing field for decades,” said JA president and CEO David J. Bonaparte. Tiffany released a “Believe in Dreams” campaign this year, painting objects associated with New York Cit
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05-10-2018 Swiss watchmaker Longines has unveiled its Conquest VHP GMT Flash Setting, the latest design made for frequent travelers, at the Lanterna di Fuksas in Rome, Italy. Besides the user-friendly functions including ultraprecision of +/- 5 seconds a year, ‘Gear Position Detection’ system that resets the hands after an impact or magnetic field exposure, smart crown, long battery life, an
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4-10-2018 Rio Tinto has revealed Argyle Muse, weighing 2.28 carats, the largest purplish red diamond ever the miner offered at its 34th Argyle Pink Diamonds Tender in New York named ‘Magnificent Argyle’. 63 diamonds with a total weight of 51.48 carats including five fancy red diamonds, two purplish red diamonds and three violet diamonds will go under hammer. Below are the fancy colour dia
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3-10-2018 136 diamonds weighing 2,334 carats fetched Alrosa US$10.7 million at its coloured-diamond auction in Hong Kong, 25 yellow diamonds with a total weight of 440 carats were sold. 54 companies from Hong Kong, mainland China, Belgium, Israel and India took part in the auction. The company held three auctions in 2018 and has sold over 5,500 carats diamonds for US$35 million.
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2-10-2018 British jewellery designer Charlotte Lowe launches her bridal collection at International Jewellery London. She specialises in the creation of etched ring depicts memories shared together with significant other, family and friends. Iconic images include ‘Footprints in the Sand’ poem, and romantic themes such as ‘Sunset Chasers’, ‘Countryside Couple’ and ‘Dancing in the
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28-9-2018 The Vicenzaoro September show organised by Italian Exhibition Group (IEG) at the Vicenza Exhibition Centre from 22 to 26 September recorded 1500 buyers and over 40 percent foreign visitors from 117 countries. Number of visitors from China soared 73 percent buoyed by the decreased import duties and visitors from the United States rose 23 percent, while those from the United Arab Emir
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28-09-2018 In celebration of Mikimoto’s 125th anniversary, the pearl giant is collaborating with InterContinental Hong Kong to present the ‘Ocean Treasure’ afternoon tea set. A special-edition akoya pearl and diamond jewellery is also introduced to mark the anniversary. Executive chef Maxime Luvara and executive pastry chef Christian Gonthier from the hotel have selected premium ingredient
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28-09-2018 Contemporary jewellery from Thailand showed at recently-concluded jewellery fairs in Bangkok and Hong Kong in September has received “overwhelming attention” from visitors, said The Gem and Jewelry Institute of Thailand (Public Organization) (GIT). The showcase, named ‘Gems Treasure’, consisted of jewellery from the ‘Contemporary Design Project’ initiated by GIT since Augu
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28-09-2018 After launching the flagship store in Shanghai last year, London-based Garrard will open a boutique in Beijing, China, tomorrow. The new shop is located on the ground floor of Emperor Group Centre on Chang’An Street, spreading across 100 square metres including three VIP rooms. “It’s been a pleasure creating jewels for customers in China since we opened our Shanghai flagship l
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27-9-2018 French luxury goods conglomerate company Cartier has more than tripled the size of its flagship boutique in No 1 Peking Road, Tsim Sha Tsui of Hong Kong, unveiling a dazzling new design concept that is a synthesis between Chinese arts and Cartier savoir faire, between modernity and tradition. Conceived by internationally-renowned interior designer Bruno Moinard, the refined store des
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26-9-2018 Christie’s spotlights the largest fancy vivid pink diamond ever auctioned by the auction house, The Pink Legacy, in its magnificent jewellery sale in Geneva on 13 November 2018. The 18.96-carat rectangular-cut stone is expected to fetch a record price of US$30 million - $50 million, has a prominent pedigree, descended from the Oppenheimer family, a South African family owned 40 p
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25-09-2018 The 2019 Gem Awards has announced nominees in the three categories including jewellery design, media excellence and retail excellence. Winners will be announced on 11 January 2019, according to organiser Jewelers of America (JA). ‘Jewelry Design’ nominees: - Silvia Furmanovich of Silvia Furmanovich, Brazil - Fernando Jorge of Fernando Jorge, Brazil - Valérie Messika of Mes
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24-9-2018 Tiffany & Co has unveiled its first engagement ring collection ‘Tiffany True’. The new line comprises white diamond platinum ring and yellow diamond 18 karat yellow gold rings (photo 1) with a ‘T’ engraving on the side (photo 2). The diamond ring maximises brilliance by exposing more surface area on the stone’s main facet. Reed Krakoff, chief artistic officer of Tiffan
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21-9-2018 Sotheby’s displays items which will go under the hammer at its Hong Kong autumn sale of Important Watches and Magnificent Jewels and Jadeite at the Hong Kong Convention and Exhibition Center on 2 October and 3 October respectively. Over 400 contemporary and vintage timepieces from renowned brands including Patek Philippe, Rolex and Audemars Piguet and over 200 jewellery pieces fro
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21-9-2018 Jewellery industry’s organisation for silver – the Silver Promotion Service (SPS) calls for participants of its multi-tiered programme Savor Silver, with the focus on Chinese silver designers and brands. SPS was first introduced by Washington DC-based Silver Institute in 2008 at the aim of enhancing the image of and stimulating the demand for silver jewellery in major international
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20-9-2018 Ye Zhibin, director of the National Gemstone Testing Center (NGTC) and Wolfram Diener, senior vice president of UBM, signed a Memorandum of Understanding at the September Hong Kong Jewellery & Gem Fair media gathering: “NGTC will provide UBM technical and cultural assistance in the mainland jewellery exhibition market. We hope to become a strategic partner with NGTC and make g
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19-9-2018 The world’s largest diamond miner Alrosa presented its first collection of large fancy-coloured diamonds on 14 September 2018 at the Hong Kong Jewellery & Gem Fair. This is a stepping stone of a new strategy, executed by Alrosa to become the world leader in the production of fancy-coloured polished diamonds, said the company. The collection showcased in Hong Kong comprises of 250
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17-09-2018 Themed ‘Heritage & Craftsmanship’, the 62nd Bangkok Gems & Jewelry Fair (BGJF) brought down its curtain on 11 September 2018 with an “overwhelming success”, said Department of International Trade Promotion (DITP), fair organiser. The five-day show recorded total sales of nearly THB 2,390 million, exceeding the target. Products generated the highest value of trade was g
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13-09-2018 The world’s largest jewellery show September Hong Kong Jewellery & Gem Fair opened yesterday at Asia World-Expo (AWE) with a record number of more than 3,700 exhibitors spreading over the two venues including the Hong Kong Convention & Exhibition Centre (HKCEC), according to organiser UBM Asia. The AWE venue houses precious materials for jewellery making including diamonds,
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12-09-2018 Swiss watchmaker Corum has recently opened a new shop in Hong Kong. The new boutique is located at Elements in Kowloon with an area of around 500 square feet. The interior is primarily in white and champagne gold with the elegant furniture in oak colour. “We are proud to open two Corum ‘embassies’ in two key cities that will be able to elevate the Brand to yet another level. Th
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11-9-2018 Russian jewellery designer, Liza Borzaya fuses incompatibilities, street tattoo and high jewellery in her ‘Get inked!’ collection. “The main recurring motifs of the collection are diamonds, ribbon, skulls, dice and quatrefoil. I combine the incongruous,” she conveyed. Liza dropped the idea of getting herself the first tattoo at the age of 18, which was barred by his father w
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10-09-2018 Hong Kong-based Asia Fancy Color Diamond Association (AFCDIA) will hold a networking conference on 16 September at Grand Hyatt during the upcoming HK Jewellery & Gem Fair in Hong Kong, backed by its well-received networking breakfast in June. Hong Kong Jewellery is the exclusive media partner of the event. John King, chief quality officer, Laboratory of Gemological of Institute of
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7-9-2018 Bell & Ross has released the second generation of its Experimental collection, BR-X2. Bruno Belamich, the brand’s Creative Director explained “Fusing the case and movement into a single component to make the case disappear, leaving just the movement visible.” The timepiece unites the case and calibre into an 8.9 mm single element, set between two crystal clear sapphire plat
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6-9-2018 According to the trade association Diamond Federation of Hong Kong, China Ltd (DFHK), polished-diamond imports to Hong Kong increased in the first half of 2018, despite a slight drop in the average price of the inbound shipments. Polished imports by value grew four percent from January to June, while exports from the city remained stable compared to the same period last year, DFHK sai
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5-9-2018 Tiffany & Co. reported a 12 percent rose in its worldwide net sales to US$1.1 billion in the second quarter, the net earnings ascended 26 percent to $145 million. The growth was reported in most areas across the globe, with 28 percent of the growth occurred in the Asia-Pacific region. Sales of jewellery collections and engagement jewellery were up for a two-digit growth. Bac
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4-9-2018 A fancy pink diamond weighing 5.03 carats (photo 1) will go under the Bonhams’ hammer at its London fine jewellery sale at 26 September. The square cut diamond is estimated to sell for US$780,000 to US$1,000,000. Bonhams UK Director of Jewellery Emily Barber said, “This pink diamond, offered at auction for the first time, possesses an exceptional combination of characteristics. I
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01-09-2018 The biannual Bangkok Gems & Jewelry Fair (BGJF) will be staging its 62nd edition during 7-11 September 2018 at Challenger Hall 1-3, Impact, Muang Thong Thani, Bangkok. A wide spectrum of products and services from over 900 exhibitors from 30 countries and regions will be on display for more than 20,000 visitors from 130 countries and regions, according to show organiser Department
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31-8-2018 The 37th Hong Kong Watch and Clock Fair, jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association (HKWMA) and The Federation of Hong Kong Watch Trades & Industries, will be held at the Hong Kong Convention and Exhibition Centre from 4 to 8 September. The fair will gather 830 exhibitors from 25 countries and regions, featurin
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31-08-2018 Scandinavian luxury brand Georg Jensen has launched a co-branded fine jewellery collection Halo with Danish contemporary jewellery designer Sophie Bille Brahe. Prior to the global launch scheduled for 3 September, the Halo collection was on a press preview in Hong Kong yesterday with a total of 19 pieces of earrings, rings, necklaces bracelets set in 18-karat yellow gold with diamonds
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30-8-2018 Pandora, Copenhagen-based jewellery company with more than 7,700 points of sale in the world, has hired new managing director of China Geena Tok this week. She will replace Anthony Asinas, who will become the managing director of the company for Hong Kong and Macau markets. Tok will be responsible for Pandora’s China business and organisation, which comprises more than 200 stores and
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Mikimoto, Japan, has just announced the opening of the eighth shop in Hong Kong. Located at Harbour City Ocean Terminal, the new location is designed under the same theme as the Ginza main store in Japan and 1881 Heritage shop in Hong Kong – the ocean. The ocean-wave partition wall and the Nishijin-ori fabric finishing are part of the elegant and subtly luxurious style the shop creates. In
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30-08-2018 Geneva-based MB&F has just presented its latest robot timepiece Grant in collaboration with L’Epée 1839. Made to transform frantic chaos into relaxing time, Grant does not have incessantly flashing digital numerals nor does it have constantly spinning second hand on its time shield which can be viewed from three angles: horizontal, 45 degrees and 90 degrees. Grant, available i
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29-8-2018 The Los Angeles Jewelry Industry Summit is slated for 28 September in Pasadena California this year. The half-day event sponsored by Gemological Institute of America (GIA) and David Yurman aims to create awareness of current and future sustainability challenges, review progress on the developments related to sustainable business practices and responsible sourcing. According to the orga
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29-08-2018 Universal Jewellery, Hong Kong, has recently opened a boutique at Prince's Building in Central. The grand opening of the new store was officiated by the company’s top executives and local actress Nancy Wu who a high jewellery parure worth HK$5 million. Company director Lydia Kwan said at the occasion that she would succeed to her father’s passion for jewellery with a dedicated eff
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29-08-2018 The Ellendale diamond mine in Western Australia is seeking experienced miners to restore mining of fancy yellow diamonds at the site. The Department of Mines, Industry Regulation and Safety (DMIRS) has been managing the site since it was closed in 2015 after Kimberley Diamond Company had gone on administration. The department is calling for expressions of interest (EOI) from experienc
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28-8-2018 The Gem and Jewelry Institute of Thailand (GIT) and China’s National Gemstone Testing Center (NGTC) have signed the Letter of Intent (LOI) to set coloured gemstones examination and certification standards and other research projects jointly on gems and jewellery industry between the two countries. “These include the standards for ruby, sapphire, emerald and jade and guideline fo
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28-8-2018 Swiss watch brand Rado, which is known for its design-led collections, announced the Rado Star Prize Hong Kong 2018 yesterday. The prize will collaborate with DesignInspire, the international exhibition about creativity, and aims to promote up-and-coming young designers in the city, offering them a platform to show their work. Themed ‘Design Inspired by Nature’, the prize this ye
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27-08-2018 Sotheby’s Diamonds will launch an exhibition of The Tree Brooch, one of its most iconic designs, at Sotheby’s Hong Kong from 12 to 19 September 2018. The Tree Brooch collection was inspired by the tree of life, an ancient symbol for creation, knowledge and immortality across cultures and civilisations, according to the retail boutique. The branches are made of fei cui, amber and m
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24-8-2018 Mikimoto is holding an exhibition named ‘Feel the Pearl’ at its main store in Ginza shopping district of Tokyo, showcasing its one-of-a-kind pieces and μ Collection in a modish mirror room(photo 1) until 5 September. The μ Collection packs diamonds, gemstones and pearls strictly selected from around the world. One of the pearl necklaces gathers 635 Akoya white and golden South
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24-08-2018 On the occasion of the 160th anniversary, Paris-based Boucheron has recently launched two boutiques in Hong Kong, as part of its expansion plan for the China market. The new boutiques at the Pacific Place in Admiralty and the IFC in Central were opened in July and August respectively this year. Elegant and contemporary, the design of the shops was inspired by the unique décor of the
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24-08-2018 In celebration of the 90th anniversary of Mickey Mouse, one of the most popular cartoon characters since 1928, Hong Kong jeweller Chow Tai Fook has launched the “90 Years of Mickey” jewellery collection featuring the evolution of the darling character over the years. The new collection comprises of jewellery, coins and notes in gold or silver, together with a special Chow Tai Fook
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23-8-2018 The former president of Alrosa from 2015 to 2017, Andrey Zharkov(photo 1) plans to start a lab-grown diamond jewellery brand. He stated that lab-grown diamonds are ‘new age diamonds’ for people who are open-minded, ready for change and care about responsible consumption. He foresees lab-grown diamonds will irrevocably change the landscape of the industry in the next five to ten
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23-8-2018 Federation of the Swiss Watch Industry FH reported that the country’s watch exports in July 2018 continued to grow significantly, after a satisfactory first half. With a gain of 6.6 percent against July 2017, they were worth 1.8 billion francs. Cumulative results since the beginning of the year are therefore still substantially higher with a 10-percent increase. Hong Kong alone gener
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22-8-2018 British jewellery designer Will Odell has launched a new collection, ‘Cambré’, which inspire from the elegant movement of one of his favourite art forms, ballet. ‘Cambré’ is a classical ballet term refers to a dancer’s body is bent from the waist and stretching backward with the head following the movement of the upper body and arms, forming an arch shape. The collection
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21-8-2018 Rio Tinto celebrated the opening of its fourth diamond pipe, known as A21, at the remote subarctic Diavik in the Northwest Territories of Canada on 20 August 2018. The new open-pit pipe will provide an important source of incremental supply over the next four years to sustain production levels at the Rio Tinto operated mine, said the miner. A21 pipe is located adjacent to Diavik’s e
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21-8-2018 The World Federation of Diamond Bourses (WFDB) announces its Executive Committee meeting and Asian Summit will be hosted by the Moscow Diamond Bourse (MDB) in Vladivostok, Russia. The latter one will be on 26 and 27 August, the former one will be held a day prior to the latter one. Both of them are sponsored by Alrosa. WFDB president Ernie Blom said “We are delighted to be hos
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21-08-2018 The third Hong Kong Jewelry Industry Outstanding Achievement Award is open for nomination till 24 August 2018. Organiser Hong Kong Jewelry Manufacturers’ Association (HKJMA) gave a briefing on the award at a press conference held in Hong Kong yesterday. Members of the judging panel were invited to share their thoughts on the quality of being outstanding. The decennial award aims to
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20-8-2018 Jaeger-LeCoultre celebrates its 185th anniversary with a new version of Reverso, a two-in-one timepiece which was first introduced in 1931. The flying tourbillon of the Reverso Tribute Tourbillon can be seen on either dial side of the case. A flying tourbillon embedded in a satin navy dial on the front with the reversed side features a tourbillon skeleton. Each of the two separate d
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17-8-2018 Tracr, the blockchain platform developed by De Beer has appointed Jim Duffy, who was numerous tech-start-ups’ leader and took leadership roles in technology companies, as general manager to lead the next phase of the platform’s development. “Jim brings extensive corporate and technology start-up experience that will be crucial to the continued development of Tracr,” Neil Ven
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17-08-2018 In a parcel of over 1,000 melees submitted to the Gemological Institute of America (GIA) contained only one natural diamond, with the remaining samples being undisclosed HPHT synthetics, said GIA in its periodical Gems & Gemology, summer 2018 edition. This has been the largest percentage of undisclosed synthetic melee that GIA has seen, according to the laboratory. The parcel of
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16-8-2018 Tiffany & Co. announced a three-year renovation and expansion plan at its Manhattan flagship to attract millennials. Construction is slated to start in the coming spring and conclude by the fourth quarter of 2021. Its retail space will temporarily move to the former location of Niketown that closed earlier this year during the transition. The flagship accounts for about 10
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15-8-2018 The India International Jewellery Show organised by the Gem and Jewellery Export Promotion Council (GJEPC), held at the Bombay Exhibition Centre in Mumbai from 9 to 13 August. The 35th edition has provided an extra 800 booths. GJEPC said most of the exhibitors saw a significantly higher business transaction, compared to the last few editions. According to a survey by Diamond World m
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14-8-2018 The Gem & Jewellery Export Promotion Council (GJEPC) has signed a memorandum of understanding (MoU) with the Shenzhen Rough Diamond Exchange (SRDE) and announced plans to set up an office in China at the India International Jewellery Show 2018 in Mumbai to tap the fast-growing Chinese diamond market. In 2017, the bilateral trade in the gems and jewellery sector had reached
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13-8-2018 2019 Saul Bell Awards organised by Rio Grande calls for entries. The competition consists of two rounds. Five judges will select finalists in the first round based on the design, use of materials and aesthetics and another five judges will examine the incorporation of materials, wearability and craftsmanship. The 2019 edition will have nine categories: Gold/Platinum, Silver/Arg
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10-8-2018 Alrosa has yielded US$1.5 million at a tender for the sale of polished diamonds in the USA. It was the first tender for polished diamonds after Alrosa’s office in New York reopened. 111 white diamonds, weighing 308.97 carats were sold at US$1.5 million. Companies from Belgium, India, Israel and the US, participated in the tender. ‘We brought to New York polished diamonds of
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9-8-2018 Pandora’s shares have slipped by 20 percent, the lowest level since 2014. Followed by the profit warning, the CEO will step down on 31 August and 397 jobs will be axed worldwide. The sales in about one over 4 of the stores have dipped in the last quarter. Pandora plans to shift resources to digital and e-commerce. Cooperation between sales, marketing, and merchandising will be
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8-8-2018 The American Gem Trade Association (AGTA) announces the winners of the AGTA Spectrum Awards, which was held on 4-5 August in New York. Over 400 entries for 18 categories were received. Douglas K. Hucker, AGTA CEO commented: “We had a wave of new designers and first-time entrants - young people with fresh perspectives that were willing to embrace creative risk in their work.”
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8-8-2018 The Second World Emerald Symposium (2WES) follows after the overwhelming success of the world’s first World Emerald Symposium held in 2015 will be back on stage during 12-14 October 2018 at the new Grand Hyatt Hotel in Bogotá, Colombia. The event is organised by Fedesmeraldas – the Colombian Emerald Federation – with the support of the Emerald Producers Association (APRECOL), the
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7-8-2018 Mouawad Group has purchased a 51.38 carats diamond, the largest cut of the five stones Alrosa cut from a 179 carats rough named the Dynasty collection. The company plans to add the Dynasty to its collection of historic diamonds, which is described on the Mouawad website as “museum quality.” The Dynasty collection was unearthed at the Nyurbinskaya kimberlite pipe in the Re
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07-08-2018 Birmingham-based Fei Liu Fine Jewellery has transformed the designer’s love for oriental flowers into his latest silver jewellery collection Magnolia. Set with cat’s eye in silver, the Magnolia collection debuts with rings, earrings and pendants inspired by van Gogh’s painting ‘Almond Blossom’ on which the understated colours and the magnolias caught award-winning designer F
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6-8-2018 The Fancy Color Research Foundation (FCRF) has recorded a 0.1 percent increase in Q2 2018 for yellow, pink and blue diamonds. Yellow diamonds climbed 0.2 percent in Q2 this year after four years of consistent drop whilst the price of blue and pink diamonds rose 1.5 percent and 0.5 percent respectively. The prices of all colours in 1 to 3 carats increased, however, prices of 3 carats
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03-08-2018 Hermès has just launched a square wristwatch featuring the unity of the dial and the strap. Named Carré Cuir, the new quartz watch is made in steel, polished or diamond-set, at the Hermès Maison with a navy blue lizard leather strap. “The strap becomes a dial and the dial morphs into a strap,” the brand describes. The hands look floating creating a blurred perception. The squa
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2-8-2018 De Beers Consolidated Mines Proprietary Limited (DBCM) has decided to shut down Voorspoed Mine, follows an unsuccessful attempt to find a suitable buyer for the mine. "Not one of the four final companies (among 42expressions of interest) we were speaking to managed to meet all the criteria we set, so we’ve taken the decision to close Voorspoed," said Philip Barton, CEO of DBCM.
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1-8-2018 The International Grown Diamond Association (IGDA) welcomes the jewellery guides revisions introduced by the Federal Trade Commission (FTC). IGDA’s Secretary General, Richard Garard said, “The revisions to the FTC guides endorses the fact that a diamond is a diamond, whether from above or below the ground.” He is glad to see FTC gives mined and grown diamonds equal grounds to
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31-7-2018 Beyoncé rocks French Messika’s latest high jewellery collection, Persian Drops set at the music video of ‘Apes**t’, shot with Jay-Z at the Louvre Museum. The set features a 213 pear-shaped white diamonds necklace (photo 1), weighing over 71 carats with a pair of matching 15.6 carats diamond earrings (photo 2).
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30-7-2018 The United States Federal Trade Commission (FTC) has renewed its jewellery guides for the Jewelry Industry last week. To avoid possible confusion, the Diamond Dealers Club(DDC) reminds its members and the industry that the guide maintains an important requirement: all lab-grown diamonds and coloured stones must be clearly disclosed as such. If a product is sold as a ‘diamond’,
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27-7-2018 Lucapa Diamond Company Ltd garnered US$2 million at its July diamonds sale. 2,527 carats rough mined at Lulo mine in Angola were sold, fetching an average piece of US$800 per carat. The sales excluded four white diamonds weighing 43 carats, 70 carats, 75 carats and 114 carats and a 46 carats pink diamond, which Lucapa has held back for sale within this year. According to L
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26-7-2018 The Federal Trade Commission (FTC) has renewed its jewellery guides, which loosens the existing standards on man-made stones, from ‘a diamond is a natural mineral consisting essentially of pure carbon crystallised in the isometric system’ in 1956 to ‘a diamond is a mineral consisting essentially of pure carbon crystallized in the isometric system’. FTC justified the change:
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25-7-2018 Platinum Guild International (PGI) announced its first insight report. Platinum jewellery accounts for about 70 percent of China’s platinum demand. Over 12 million pieces sold each year. However, 80 percent of platinum jewellery in China are unbranded products, differs from mature markets like Japan, the United States and Europe. With potential customers look for distinctive desig
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24-7-2018 Chaumet presents its ‘Trésors d’Afrique’ high jewellery collection, the third chapter of a jewellery saga titled ‘Les Mondes de Chaumet’. The collection explores the artistic riches stored in ornamental traditions of sub-Saharan Africa. The Kenyan artist behind the collection, Evans Mbugua said, “I apply oil painting using a technique that I invented, to place dots
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23-7-2018 De Beers has bought a Canadian company, Peregrine Diamonds Ltd. with US$81 million, gaining its control of the Chidliak diamond resource in northern Canada. The deal is waiting for the approval of the Supreme Court of British Columbia. The miner described Chidliak as ‘one of the most attractive undeveloped diamond resources in Canada’. Discovered in 2008, 74 kimberlite pipe
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20-7-2018 De Beers’ rough diamond production climbed three percent to 9.4 million carats in Q2, increased 4 million carats yoy. Production in Namibia increased 32 percent to 515,000 carats. There is a 17 percent and six percent increase in Canada and Botswana respectively. However, South Africa’s production took a 28 percent dive owing to a suspended production period. De Beers expl
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19-7-2018 The Asian Institute of Gemological Sciences (AIGS) has discovered fake gemstone reports with the AIGS logo (photo 1) in the gemstone market on 18 July 2018. "We have found out that some people made fake reports with a working QR code,” said AIGS Chairman Kennedy Ho. Report owner will be directed to www.aigsthailand.co (photo 2) if scanned the QR code on the fake report. He added that
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18-7-2018 Rio Tinto announced its diamond production jumped 7 percent yoy to 4.6 million carats in the second quarter. The production of Argyle mine rose 13 percent in the first half of 2018 to 7 million carats while Diavik mine, which Rio Tinto owns 60 percent stake, dipped 2 percent to 2.2 million carats. However, the total yield increased 9 percent to 9.2 million carats. The Canadian
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17-7-2018 The Women’s Jewelry Association (WJA) has announced the honorees of its 2018 Excellence Awards scholarships. 45 women, including 12 students in the industry were awarded a total of US$65,500 on 16 July at the Chelsea Piers in New York City. “It is important WJA encourages and continues to support the professional growth and educational endeavours of women in the jewellery and wa
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16-7-2018 Chanel showcased its new high jewellery collection titled Coromandel at an exhibition space at Grand Palais in Paris. The latest collection comprises 59 creations in three themes: floral, evoking Chanel’s signature flower, the Camellia, animal and mineral, of which 29 pieces are one-of-a-kind. Coromandel refers to a technique used to create the panels by applying lacquer in even l
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13-07-2018 Swiss watchmaker Rado has collaborated with Prince’s Jewellery & Watch to launch ‘The Elements of Time’ new product exhibition at a shop of the Hong Kong jewellery retail chain (photo 1). Made in high-tech ceramic with MOP, the True Thinline Nature collection (photo 2) blends elements of nature into design, walking the audience through an enchanting garden in rich taupe brow
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12-7-2018 Rio Tinto has revealed the largest vivid pink diamond ever of its tender history during a preview in Sydney. The 3.14 carats polished diamond, ‘The Argyle Alpha’ (photo 1) will be showcased in Sydney, Hong Kong and New York after the bids closing on 10 October along with 63 pink, red and violet diamonds with a total weight of 51.48 carats. The second largest diamond among the lo
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11-7-2018 A new Asia jewellery and gem leadership group, JTC-AIGS Leaders Council (JALC) has been established by Bangkok-based Jewelry Trade Center (JTC) and the Asian Institute of Gemological Sciences (AIGS). “JALC is an initiative to enhance knowledge, improve skills and align the global and local gems and jewellery industries and to bring about positive change,” said Barbara Wheat, AIG
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10-7-2018 Kimberley Process Certification Scheme (KPCS) released the annual global summary report of the trade in rough diamonds in 2017. The figures show Russia was the largest producer of rough diamonds in volume and value, produced 42.6 million carats of rough which valued at US$ 4.1 billion. However, its share dipped 1.85 percent. India remained the largest importer of rough diamonds in v
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9-7-2018 The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress has been rescheduled to late October and moved to Mumbai. The congress was originally scheduled to take place in Tel Aviv from 19-21 June was cancelled by WFDB due to low registration and geopolitical tension in the region. Ernie Blom, WFCB president said they would like to thank th
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9-7-2018 International Jewellery London (IJL) trend editor and jewellery expert Paola De Luca outlined six key jewellery trend themes for Spring/Summer 2019 recently for IJL, the UK’s leading trade event for the international jewellery industry. De Luca’s vision includes designs rooted in urban lifestyles, the renaissance of pearls, dark romantic influences, and a blending Art Deco and 1960s
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6-7-2018 The Gemological Institute of America (GIA) has graded a 5.01 carats lab-grown diamond (photo 1) grown by Unique Lab Grown Diamond, which the New York-based producer claims it is the largest pink synthetic diamond in the world. The radiant shaped synthetic stone was created by chemical vapour deposition (CVD). “Color was distributed evenly throughout and diamond is creating sim
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05-07-2018 Geneva-based Charriol accentuates the elegance and vitality of summer by launching a series of jewellery and watches with superb finishing and a youthful flair. Creative director of the brand Coralie Charriol injects a fashionable new “love affair” element in the bestselling Forever jewellery line (photo 1). The word “LOVED” is spelt out over Charriol’s signature twisted ste
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5-7-2018 Two jewellers, Vishal Agarwal and Khushbu Agarwal from Surat in India have broken the Guinness World Record for most diamonds set in one ring. The lotus flower shaped ring contains 6,690 diamonds mounted on an 18 karat rose gold structure with 48 diamond encrusted petals, weighs over 58 grams and costs US$4,116,787. It took the jewellers six months to design and craft. Accordi
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4-7-2018 “Portuguese Jewellery – A La Carte” held by the Portuguese Jewellery and Watchmaking Association (AORP) garnered seven Portuguese brands: Dos Santos, Liliana Guerreiro, Inês Barbosa, J. Soares, ARPA, J. Monteiro Sousa and Topázio from 28-29 June at the Consular Residence of Portugal (former Hotel da Bela Vista) first time ever. A live demonstration booth of Portugues
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4-7-2018 Alrosa has summed up the auction sales result of rough diamonds weighing over 10.8 carats each. 100 diamonds weighed 1,550 carats were sold at US$10.4 million. Bidders from Hong Kong, Belgium, Israel, India, the UAE and Russia attended the auction and 28 firms were the winners of the lots. “We successfully held this year’s second auction in Hong Kong, which is one of the key
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03-07-2018 Australian-listed miner Lucapa Diamond Company reported the recovery of an 89-carat yellow diamond in Lesotho, southern Africa, last Friday. The yellow rough was recovered from a bulk sampling programme at Mothae. Lucapa managing director Stephen Wetherall said the recovery of such a large diamond so early in the bulk sampling programme provides further proof that Mothae is a source o
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29-06-2018 Gucci welcomes the summer by launching an extension to Le Marché des Merveilles wristwatches and jewellery. Featuring a kingsnake slithering its way up from the leather strap to the dial, the three new steel watches come in light blue, green and pink with the Gucci bee at 12 o’clock and the signature ‘interlocking G’ second. They are available at HK$7,900 each at retail. The l
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28-6-2018 Gemfields fetched record revenue of US$ 71.8 million at its June auction in Singapore from 5-9 June. 629,893 carats rubies were offered and 93 percent were sold at US$122 per carat amid a strong demand for Gemfields’ Mozambican ruby. The rough rubies of high, medium and commercial grades were mined by Montepuez Ruby Mining Limitada (MRM), where Gemfields has a 75 percent stak
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28-06-2018 Hong Kong-based jewellery brand Qeelin has recently opened a new store in Macau, marking its second point-of-sale in the city. Situated at the Venetian®Macao-Resort-Hotel, the new boutique offers a wide selection of jewellery ranging from the brand’s signature Wulu collection to the Bobo panda pieces. Qeelin was established in 2004 by Dennis Chan who takes design inspiration from
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27-06-2018 TTF Haute Joaillerie, China, has recently launched its flagship boutique in Paris, making it the first high jewellery brand from mainland China located in the Place Vendôme district since the 18th century. Officiating the grand opening were renowned French actress Sophie Marceau, director of the Cernuschi Museum Eric Lefebvre, vice-president of the French Fine Art Academy Pierre Carr
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26-6-2018 The four-day June Hong Kong Jewellery & Gem Fair organised by UBM Asia with 17 theme pavilions featured around 2,000 exhibitors from 41 countries and regions ended on 24 June. 96 loose pearls companies exhibited at the Japan Pearl pavilion. “The June Fair is one of the most prestigious B2B platforms for pearls,” said Celine Lau, Director of Jewellery Fairs at UBM Asia.
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25-6-2018 JNA Awards revealed the honourees at a news conference during the June Hong Kong Jewellery & Gem Fair. The seventh edition received a record-breaking 127 submissions from 16 countries and regions, including Australia, China, Hong Kong and India etc. The categories of Industry Innovation of Year were the most competitive; nine companies were nominated, followed by Brand of the Ye
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22-06-2018 The Asia Fancy Color Diamond Association (AFCDIA), Hong Kong-based trade promotion organization for the fancy-coloured diamond industry in Asia organised a networking breakfast meeting with its members and practitioners this morning during the June Hong Kong Jewellery & Gem Fair. Lily Leung, founding chairman of AFCDIA shared some key 2018 updates of the association at the event. A
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20-6-2018 The Scientific and Technical Research Center for Diamond (WTOCD) of Antwerp World Diamond Centre (AWDC) has developed a technology that fully automates the diamond polishing process. Researchers claim that the new machine, FENIX will greatly shorten the production process from an entire day to one and a half hours, which is 10 to 20 times faster than by hand. The developers bel
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19-6-2018 Chopard introduces Mille Miglia GTS Power Control Grigio Speciale to celebrate its 30 years partnership with the Mille Miglia race, only 1,000 pieces are issued. The charcoal grey is inspired by the classic racing cars that had galloped in the Italian rally between 1940 and 1957. It comes with a 43 mm-diametermatte titanium case and a textured Cordura fabric strap, contrasted b
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The Italian Exhibition Group (IEG), organiser of Vicenzaoro, will cooperate with Emerald Expositions LLC (EEX) to strengthen the presentation of Italian jewellery at the Couture and Premier shows in Las Vegas operated by EEX. The new collaboration is part of IEG’s long-term strategy to broaden its foothold in the United States. “For the Italian Exhibition Group, this new partnership with a fa
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19-6-2018 Founded in March 2016, Hong Kong-based Asia Fancy Color Diamond Association (AFCDIA) will hold a networking breakfast meeting with members and traders on 22 June 2018 at Grand Hyatt during the June Hong Kong Jewellery & Gem Fair in the city. As the first official event organised by AFCDIA, the meeting will include an introduction of the association’s upcoming activities, and pres
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19-6-2018 The Diamond Producers Association (DPA) announces the appointment of Mabel Wong McCormick as its managing director of China with immediate effect recently. From her previous position as COO of Asia Beverages Company Ltd, Mabel Wong McCormick will oversee all activities of DPA in China, an emerging diamond market of great importance to the organisation. Mabel Wong McCormick comes to
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15-6-2018 De Beers opened the fourth store at the Harbour City shopping mall in Kowloon and the 34 retail chains of the brand globally. François Delage, CEO of De Beers’ retail operation said the store develops brand presence in the region and penetrate the mainland China market. The brand was very powerful in China. The 1,000 square feet store offers an array of bridal diamond jewel
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15-06-2018 Peter Stas, CEO of Frederique Constant, has won the ‘Industry 4.0’ prize of the first The Shapers awards. The awards recognised 10 companies out of 60 candidates for their innovation made in the technological industries. The winners received an iron ingot as a symbol of their achievements in the 4.0 industry. Peter Stas said: “We were the first Swiss watch manufacturer to intro
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14-6-2018 Sotheby’s announced an auction entitled ‘Royal Jewels from the Bourbon-Parma Family’ will be in Geneva on 12 November. Over 100 lots all owned by the Bourbon-Parma family with more than 200 years of history will come under the hammer. ‘Descended from Louis XIV of France, the Holy Roman Emperors and from Pope Paul III,’ Daniela Mascetti, Deputy Chairman, Sotheby’s Je
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14-06-2018 The next Salon International de la Haute Horlogerie (SIHH) will cut down the duration to four days from the usual five with longer opening hours. SIHH 2019 will be held 14-17 January from 8:30 AM to 8 PM daily at Palexpo, Geneva. According to organiser Fondation de la Haute Horlogerie (FHH), on Sunday, the day before the show opens, exhibiting brands can invite selected customers to
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14-6-2018 Sales of London-based jeweller Graff Diamonds rose 22 percent to US$692.8 million in 2017, and profits more than tripled to US$52.1 million during the same period, thanks to its global store openings, according to their latest financials. Graff saw UK sales slide nine percent to US$31.3 million, while revenue from the rest of its global network climbed 24 percent to US$661.5 million. T
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13-6-2018 Phillips will auction a Rolex Submariner reference 5513(photo1) owned and worn by Hollywood star Steve McQueen in New York on 25 October which the wristwatch was once presumed dead. McQueen gave the Submariner to his stunt double, Loren Janes who had worked with him from the production of TV Series Wanted: Dead or Alive in 1958 to 19 movies including Bullitt, The Getaway and Th
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13-06-2018 Gem supplier Gemfields has announced record results of its Mozambican ruby auction in Singapore ended on 9 June. The ruby auction fetched a total of US$71.8 million, an all-time auction record for the miner. Eighty-two lots or 95 percent of the 86 lots were sold, with an average price of US$122 per carat, a record for Gemfield’s mixed-quality ruby auction. Proceeds of the auction wi
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13-06-2018 Organised by the Federal Association of the Precious Stones and Diamond Industry, the 49th German Award for Jewellery and Precious Stones Idar-Oberstein 2018 and the 30th German Young Talent Competition for Gemstone and Jewellery Design Idar-Oberstein 2018 are calling for entries. Themed “Different faces” and “Changing colors” respectively, the 49th German award and the 30th G
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12-06-2018 Jaquet Droz (JD) has launched two variations of its Grande Seconde Off-Centered watches featuring meteorite and stromatolite dials, carrying the secret from the space and the moments on Earth. The gem materials are handled with extra care and patient in order to fit the dial. The meteorite collection (photo 1) is available in three models: 39 mm, 39 mm with diamonds and 43 mm; each in
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12-6-2018 The Customs Tariff Commission of the State Council in China issued the "Notice on Reducing the Import Tariffs of Daily Consumer Goods" last week announced the import taxes reduction on an array of consumer goods involving jewellery with an average drop of 68 percent starting at 1 July. The tariff cuts on gold and silver jewellery will be 20 percent to 8 percent, tariffs on plat
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The Gem and Jewelry Institute of Thailand (GIT) with honourary judges in the gems and jewellery design industry have chosen five jewellery designs to enter the final round of the 12th GIT’s World Jewelry Design Awards 2018 on 4 June in Bangkok. The designs will be made into jewellery pieces before entering the final round of the competition which will be held on 7 September 2018 at the 62nd Ban
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11-6-2018 Alrosa announced its next auction for rough diamonds from its subsidiaries Alrosa-Nyurba and Severalmaz weighing over 10.8 carats will be held in Hong Kong and Vladivostok in June. 105 rough diamonds with total weight of 1620 carats will be offered for auction in Hong Kong on 13-27 June and sum up on 28 June. The auction in Vladivostok will be held on 18-29 June and conclude on
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8-6-2018 Chow Tai Fook (CTF) reported a 15 percent revenue growth to HK$59,156 million in 2018, buoyed by improving consumer sentiment and an uptick in mainland tourists. Chairman Henry Cheng indicated the company had enjoyed a year of sales recovery in mainland China, Hong Kong and Macau. Despite store closing in touristic areas, revenue from Hong Kong and Macau jumped 7 percent to H
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08-06-2018 Christie’s Geneva is celebrating its 50th anniversary this year. Founded in London in 1766, the auction house chose Geneva as an ideal location in 1968 to serve the clients in the European Continent. A second office in Switzerland was opened in Zurich after 10 years. The Geneva office held the first auction in June 1968 offering porcelains; and the first jewellery auction was held i
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7-6-2018 The Manufacturing Jewelers & Suppliers of America (MJSA) Vision Awards announced winners recently, celebrating outstanding talent in the field of jewellery design. “The winning designers represent the future of the jewellery manufacturing industry, and the Vision Awards competition showcases their creativity and boosts their careers,” said MJSA. According to the association, pri
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7-6-2018 Cartier creates a high jewellery replica (photo 1) for the character Daphne Kluger acted by actress Anna Hathaway (photo 2) in the movie Ocean’s 8. The original necklace ‘Jeanne Toussaint’ was designed by Jacques Cartier in 1931 for maharaja of Nawanagar, king of the Nawanagar state is described as ‘the finest cascade of coloured diamonds in the world’ embed with Qu
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07-06-2018 AGTA GemFair™ Las Vegas organised by the American Gem Trade Association (AGTA) announced new venue for its 2019 edition yesterday. Under the new partnership with Emerald Expositions, the 2019 show will be held at Las Vegas Convention Center co-exhibiting with the Las Vegas Antique Jewelry and Watch Show and the Premier Show. “It’s time for the next step for the AGTA GemFair™ L
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6-6-2018 Diamond Producers Association (DPA) has garnered 1.5 billion media impressions from its target consumer, namely American adults between 21- 34 years old during the first year of advertising which cost US$40 million. Television and video (43 percent) and digital and social media (42 percent) were the major focus, reaching 98 percent of its target audience averaged 20 times within
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6-6-2018 Mountain Province Diamonds recover a 95-carat diamond from the Gahcho Kué mine located in Canada, the fourth largest stone from the mine since the two years commencement. Mountain Province Diamonds owns 49 percent of Gahcho Kué mine with De Beers Canada owns the rest. Reid Mackie, Vice President Diamond Marketing, said: “The recovery of this diamond firmly establishes Mounta
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6-6-2018 Barbara Wheat, president of the Asian Institute of Gemological Science (AIGS), part of the Ho Group of Companies, will relocate to the United States in June to take on a new role as vice president of International Relations & Business Development for the Ho Group. Wheat, who has a long association with the Ho family, said: “As much as I have enjoyed my role with AIGS, I am looking
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5-6-2018 JCK Las Vegas 2018 which was held on 1-4 June at Mandalay Bay Resort & Casino in Las Vegas concluded with over 2,300 exhibitors and 20,000 registered visitors. According to the survey with more than 500 respondents, 88 percent of them, said they were optimistic about the next 12 months. Good traffic was reported by 34 exhibitors from Israeli pavilion. The Israel diamond pa
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5-6-2018 The Couture Design Awards held during the Couture show period at the Wynn Las Vegas has revealed the winners of 15 categories, including two chosen by the public. Some of the category highlights are as below: Best in Bridal White diamonds ring (photo 1), designed by Eva Fehren Best in Silver Sliver bracelet with a herd of elephants with gold tusks (photo 2), designed by H
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05-06-2018 The seventh JNA Awards has just added the Bahrain Institute for Pearls and Gemstones (DANAT) to the list of headline partners of the event, joining Chow Tai Fook (CTF) and Shanghai Diamond Exchange (SDE). Letitia Chow, chairperson of the JNA Awards, said: “We are excited to welcome DANAT as our latest headline partner. DANAT’s values and commitment to upholding excellence within t
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4-6-2018 De Beers’ diamond jewellery brand, Forevermark announced its new omnichannel update will be launched in the fourth quarter to provide seamless shopping experiences and capitalise the rapid growth in online diamond jewellery sales at the annual Las Vegas breakfast at the Four Seasons hotel. The omnichannel is also a marketing strategy to capitalise the female self-purchasers ma
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04-06-2018 After the Phillips auction last week, fei cui jewellery continued to lead Tiancheng International’s sale yesterday. An important fei cui bangle of fine texture, magnificent luminescence and even emerald green hue (photo) was sold for HK$56 million or US$7.2 million. Harry Winston's diamond necklaces featuring Burmese rubies and Colombian emeralds fetched HK$28 million and HK$13 mil
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1-6-2018 Phillips’ Important Jewels and Jadeite auction fetched US$10,486,078 total sales in Hong Kong. A necklace-and-earring set adorned with fei cui and diamonds (photo 1) sold at US$2.5 million. The lots included a 33.02 carats Burmese sapphire and diamond necklace (photo 2) by Van Cleef & Arpels hammered at US$548,082, a3.50 and 3.24 carats pair of Pigeon’s Blood Burmese rub
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1-6-2018 The 11th JCK Jewelers’ Choice Award covers 21 categories. We have highlighted 5 winning pieces as below: Best bridal design over US$10,000 Bold & Beautiful ring (photo 1), by Neon Gems Inc. Best necklace design over US$10,000 Two-tone rose and white gold necklace (photo 2), by Neon Gems Inc. Pearl Jewellery over US$2,500 Tahitian pearl drop pendant with citrin
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1-6-2018 The 2018 edition of Couture and the timepiece pavilion Couturetime kicked off on 31 May to robust crowds, a high-level of excitement and awe-inspiring presentation of exquisite jewellery and timepiece collections. A strong sense of community permeated the show floor as retailers and exhibitors united again at the Wynn and Encore Las Vegas, said the organiser Emerald Expositions. “We
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31-5-2018 Phillips fetched US$15,890,803 at the Hong Kong Watch Auction: SIX, concluded the spring season with an over US$61 million sales, outperforming the same sale in May last year by 17 percent. 216 timepieces gathered bidders from 47 countries, over 460 of them bid through an online system. Both vintage and modern timepieces of Rolex and Patek Philippe were under the hammer. The br
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30-5-2018 De Beers announced the launch of Lightbox Jewelry selling jewellery set with diamonds grown by its subsidiary with lab-grown diamond technology for more than half century, Element Six. The lab-grown diamond jewellery (photo 1) will feature pink, white and blue diamonds which all cost US$800 per carat, weighing from 0.25 carat to 1 carat. The diamonds will not be graded and any
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30-05-2018 The magnificent jewels auction held by Christie’s Hong Kong yesterday fetched a total of HK$563 million (US$72 million), setting new records for a coloured diamond bracelet and the price for Paraiba tourmaline. The top lot went to the Moussaieff necklace set with an 8.01-carat pear-shaped fancy vivid blue IF diamond and a fancy intense pink diamond (photo 1) which was sold for nearl
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29-05-2018 JNA Awards 2018 has achieved a record number of entries since inception in 2012, according to organiser UBM Asia. A total of 127 entries from 16 countries and regions for 12 categories were received, including 56 first-time participants. The two categories with the most entries are The Industry Innovation of the Year (34 entries) and Brand of the Year – Retail (16 entries). Wolfra
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29-5-2018 The world’s largest retailer of diamond jewellery, Signet Jewelers will become the first retailer to join De Beers' diamond blockchain pilot program, Tracr™ for tracking a diamond’s journey digitally from mine to retail. De Beers announced that it has successfully tracked 100 diamonds from mine to retail digitally in early May. “Responsible sourcing of diamonds has al
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29-5-2018 Sylvie Ritter has resigned after 15 years as the managing director of Baselworld. “She has shaped and directed Baselworld with great passion and professionalism,” said MCH Group CEO René Kamm. Michel Loris-Melikoff (photo), who has been the director of MCH Beaulieu Lausanne, an MCH-owned exhibition centre in Lausanne, Switzerland, will take over from Ritter on 1 July. He h
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28-5-2018 Alrosa will auction 115 over 10.8 carats rough diamonds weighing 1,725 carats altogether in Dubai from 27th May to 14th June. 66 companies from India, Belgium, Russia, UAE and the United States were invited. Bidding results will be announced on 18 June. “At the present time, Dubai is one of world's leading centres for the diamond trade and attracts market participants fr
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25-05-2018 Mikimoto celebrates June, the pearl month, with new Lucky Motif Collection pendants and bracelets featuring lucky signs and symbols such as clovers, horseshoes and butterflies made in 18-karat white, yellow, pink or green gold with Japanese akoya pearls and diamonds, ranging from HK$6,290 to HK$11,400 at retail. (Photo courtesy: Mikimoto)
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25-5-2018Jewellery designer, Reena Ahluwalia donates her diamond oil paintings to Jewelers For Children (JFC) for a fundraising auction at the upcoming Facets of Hope Event at JCK Las Vegas on 3 June. The funds will be donated to children suffering from illness, abuse or neglect. “JFC benefits children in need in a variety of ways, such as by offering foster care support, and in some cases prov
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25-05-2018 Tiffany & Co recorded strong and better-than-expected growth over the three months ended 30 April (first quarter) 2018; and has updated the full-year outlook. The US jeweller reported on 23 May that worldwide sales rose 15 percent to US$1 billion, while net earnings increased 53 percent to US$142 million from US$93 million last year. Company CEO Alessandro Bogliolo said: “We ar
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24-5-2018 Diamond brand of Chow Tai Fook (CTF), T MARK, will launch a blockchain technology to deliver a digital diamond grading reports from Gemological Institute of America (GIA) to consumers for the first time in selected CTF stores in Hong Kong before expanding to other stores at the end of this year. The system is delivered by highly secure blockchain platform, IBM Cloud and develop
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23-5-2018 Chow Tai Fook Group (CTF) has won two invention prizes under the category of jewellery machinery at the 46th International Exhibition of Invention Geneva in Switzerland. A gold medal is awarded to the T MARK nano-inscription. With the technology, each CTF T MARK diamond is inscribed with a “T MARK” marking by a nano-inscription technology with no chemical residue, which ena
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Platinum Guild International (PGI) published its 2017 Platinum Jewellery Business Review on 16 May revealing the emerging of three essential trends, namely young consumers, bridal and self-purchasing which contribute to platinum demand growth this year. The report pointed out the robust consumer retail sales growth in the United States, Japan and India. “We saw above-market growth for plati
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23-05-2018 The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) has recently announced Billy Lau (photo), managing director of East Arts Jewelry Manufactory Limited, as the president of the 33rd Council of Management (2016-18) replacing King Li of Kings Mark Designer & Manufactory Ltd. “Mr Lau has served HKJJA for 25 years and made tremendous contributions. We sincerely con
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21-05-2018 Forevermark from De Beers has recently published the Forevermark Trend Report 2018 identifying four trends that are considered to shape the desire for diamonds this year. Federica Imperiali, head of new product development at Forevermark says: “With the Forevermark Trend Report 2018 we have identified four key trends which will inspire jewellery collections combining timeless allure
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21-05-2018 A total of 38 Israeli diamond companies will be exhibited at the national pavilion organised by the Israel Diamond Institute (IDI) during the June Hong Kong Jewellery & Gem Fair held 21-24 June 2018. Three new exhibitors are recruited, says IDI. Located in the diamond area in Hall 3B and C, the Israeli pavilion includes a lounge with refreshments and ‘Get Diamonds Show’ termin
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21-05-2018 Gucci has just launched a new advertising campaign starring Tippi Hedren for its latest jewellery and watch collections. In the campaign the American actress plays a fortune teller in in Los Angeles who performs palmistry and crystal ball reading for young visitors featuring Gucci Ouroboros, GG Running and Le Marché des Merveilles fine jewellery and new timepieces from the G-Frame an
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18-05-2018 Mikimoto, Japan, has announced equestrian champion Karen Polle as brand ambassador, sponsoring the Tokyo-born lady one-of-a-kind riding gear and jewellery. The initiative is part of the pearl brand’s “Explore the Original: Pearls of Wisdom” campaign which aims to examine and explore trailblazing women to empower and motivate other women to find strength and beauty in their own o
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18-5-2018 Diamond Jewellery demand from worldwide climbed 2 percent to US$82 million in 2017 amid robust consumer confidence, De Beers reported. The United States demand rose four percent to US$43 billion, continues to be the major driver of growth for the fourth consecutive year, represents more than half of the total global demand. “People around the world are spending more on d
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17-5-2018 Christie’s Geneva auctions in May gathered over 2,500 guests and generated US$98 million sales. The three sales attracted registered bidders from 57 countries and regions, while 20 percent of them were new to Christie’s. Highlights of the auctions as below: - Harry Winston’s 50.47-carat diamond ring, US$6.5 million (photo 1) - Fancy vivid yellow diamond ring of 20.49 carats, US
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17-5-2018 The Italian Exhibition Group (IEG) presented comprehensive details on 16 May 2018 in Vicenza about its project to upgrade and expand the city’s exhibition centre, Fiera di Vicenza. The Hall 2 project which was originally outlined in the industrial plan and approved last December by the IEG board of directors will involve an investment of 35 million euro. The reconstructed Hall 2 whic
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17-05-2018 Two of the largest and purest diamonds fetched a combined total of CHF17.4 million (US$17.4 million) at Sotheby’s Geneva on 15 May 2018. The Farnese Blue blue diamond with historic importance soared to CHF6.7 million. All three diamonds were brought to auction for the first time. The two white diamonds, 51.71-carat round (photo 1) and 50.39-carat oval (photo 2), were both discovered
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17-05-2018 A rare unheated Kashmir sapphire and diamond necklace (photo 1) having an estimate of HK$17-23 million is set to lead Phillips Hong Kong’s jewellery and fei cui spring sale on 28 May 2018. A total of 156 lots will be on offer. The necklace, set with 21 pieces of Kashmir sapphires totaling 52.20 carats with each stone cradled by diamond petals, is the first to be offered at auction i
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16-5-2018 The United Nations Economic and Social Council (ECOSOC) has confirmed the World Jewellery Confederation, CIBJO’s special consultative status for the coming four years. ECOSOC is one of the six main organs of the United Nations (UN) and works as the principal body for coordination, policy review, policy dialogue and recommendations on economic, social and environmental issues
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16-05-2018 The retail sales of gold, silver and jewellery commodities in China in April 2018 reached 20.3 billion yuan, a 5.9 percent increase year-on-year, according to the National Bureau of Statistics of China. For the January-April period it marked an increase of 7.5 percent yoy to 93.9 billion yuan. The total retail sales of consumer goods in April 2018 in China reached 2,854.2 billion yuan
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16-5-2018 A 1960 Omega watch gifted to Elvis Presley by RCA Records as a commemoration for selling 75 million records fetched US$1.8 million at Phillip’s auction. It was estimated to sell for between US$ 54,000 to US$108,000 and hammered for US$ 1, 812, 500, the highest ever paid for the Swiss watch brand. The watch is 18-carat white gold with a case back engraved: “To Elvis, 75
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15-5-2018 Fancy Color Research Foundation (FCRF) reported that the fancy colour diamond prices across all sizes and saturations rose 0.1 percent in Q1 of this year. Continuing the trend from 2017, prices of blue fancy colour diamonds climbed 5 percent, while both yellow and pink fancy colour diamond prices dipped 0.1 percent, after the decline of 1.7 percent and 0.6 percent respectively
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An extraordinarily rare Rolex Daytona ‘Paul Newman’ wristwatch (ref 6239) made in 1969 with highly-coveted ‘tropical’ subsidiary dials was the star of Sotheby’s spring sale of important watches in Geneva on 13 May 2018. The iconic top lot eclipsed the pre-sale estimate to sell for CHF951,000 or US$947,776 (estimate CHF200,000-400,000 or US$208,000-416,000). The more than 1,000 registr
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14-05-2018 Phillips in Association with Bacs & Russo will present the Hong Kong Watch Auction: Six on 29 May 2018 featuring modern and vintage watches besides pocket watches and enamel clocks. An important Patek Philippe Ref 2438/1 18-karat pink gold perpetual calendar watch with moon phases and screw back (photo 1) estimate HK$3.5-7 million (US$450,000-900,000). A rare and early Rolex Sea-
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14-5-2018 Alrosa’s sales jumped 28 percent to US$405 million in April. Diamond trading slowed in the month in line with seasonality, however, the demand and sales were robust amid an optimistic market. The miner sold 101 rough diamonds over 10.8 carats with a total weight of 1751.1 carats for $14.8 million at an auction in Vladivostok last month. The total sales jumped 28 percent to US
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11-5-2018 De Beers Group announced that it has successfully tracked 100 high-value diamonds’ journey digitally from mine to retail using its new blockchain platform, Tracr™. The platform is expected to launch later this year and will be open to the industry, provides confidence to consumers that the diamonds are natural and conflict-free, improve visibility and trust within the indus
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11-05-2018 Toronto-based Fura Gems Inc has recently discovered a 25.97-carat rough emerald (photo) at its emerald mine in Boyacá, Colombia. The emerald is said to be rare and exceptional in terms of size, colour saturation and clarity, according to the Canada-listed mining company. The new discovery was part of an ongoing bulk sampling programme commenced in late March 2018. The newly-discovere
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10-5-2018 The 28th Premiere organised by the Italian Exhibition Group (IEG) has announced 12 award winners designed under two categories: ‘Iron or Gold’ and ‘Love’. Winning pieces displayed at the OROAREZZO International Jewelry Exhibition from 5 to 8 May. Details of the winning pieces as below: Iron or Gold category: - Bieffe 2000 - Alunno & Co - Coar - Falcinelli Italy -
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10-5-2018 Cartier celebrates its new jewellery collection, Résonances de Cartier, with an exhibition in The Ritz-Carlton Hong Kong from 8 to 13 May. The collection has over 500 high jewellery creations valued over 2.8 million altogether. Local celebrity guests included Gigi Leung, Niki Chow, Kathy Chow and Jennifer Tse visited the exhibition. The exhibition displays the necklace and ear
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10-05-2018 The Israel Diamond Institute (IDI) has recently appointed Aviel Elia as the new managing director, replacing Eli Avidar who joined IDI in 2007. An attorney, Elia has served as legal advisor and company secretary of IDI since 2013 involving in development of company strategies and transaction negotiations. He also has rich experience in corporate and operational management. IDI chairm
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10-05-2018 Hong Kong’s polished diamond imports increased 10 percent to US$5.17 billion in the first quarter of 2018, said a Rough & Polished report. Total imports of polished by volume surged six percent to 5.3 million carats; the average per carat price increased three percent to US$982. In value terms, polished imports from Hong Kong’s biggest source India increased four percent to US
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9-5-2018 CIBJO, the World Jewellery Confederation, has announced the establishment of a working committee to formulate the ‘Responsible Sourcing Guidelines’ for the jewellery, gem and precious metals sectors. The guidelines aim to provide a general framework for responsible sourcing practices. It will not constitute a standard or mechanism for formal recognition. Members who would
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09-05-2018 Tiancheng International, Hong Kong, will launch the jewellery and jadeite spring sale on 3 June 2018 at its headquarters in Central. The leading lot among the nearly 250 items is a fei cui bangle (photo 1) with rich emerald green colour, fine texture and excellent translucency. The estimate is not given. Another sought-after fei cui jewellery is a ring (photo 2) set with a piece of im
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08-05-2018 The World Jewelry Design Awards 2018 organised by the Gem and Jewelry Institute of Thailand (Public Organization), GIT, is inviting entries till 28 May. In its 12th edition, the annual international jewellery design competition is held under the theme of ‘The Pearl of Wisdom – Illumination from under the Surface’. Contestants should use pearls or mother-of-pearls as the centerpi
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7-5-2018 The sales of jewellery, watches and clocks, and valuable gifts in Hong Kong up 23 percent yoy to HK$ 6.84 million, according to data from the Census and Statistics Department. “Hong Kong’s retail sales sustained a double-digit year-on-year increase in March, [driven] by upbeat local consumer sentiment under generally favourable economic conditions, and the continued apprecia
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04-05-2018 Mikimoto’s 125th anniversary exhibition is being held at the IFC mall in Hong Kong till 6 May. The centerpiece of the exhibition, the famous sash clip ‘Yaguruma’ is set with akoya pearls, diamonds and sapphires. The masterpiece can be detached and used in 12 configurations including brooches, rings and hairpins. The original sash clip was exhibited in 1937 at the World Expositio
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03-05-2018 Portuguese filigree jewellery brand Eleuterio will be making its US debut at Couture this year as part of its global footprint expansion. Established in 1925 in Travassos by Eleuterio Antunes, Eleuterio has preserved, promoted and perpetuated the traditional art of handmade filigree jewellery making which has endured in Portugal for over 5,000 years. Now led by the third generation Ro
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2-5-2018 Bulgari unveiled its latest high jewellery collection, ‘Festa’ at the Four Seasons Hotel on 27 April 2018 in Hong Kong to celebrate the joy of Italian art de vivre. The collection includes over 100 jewels and high-end watches explore three different inspirations: Festa dell’Infanzia, Festa della Principessa or Festa della Tradizione. (Photo courtesy: Bulgari)
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30-04-2018 Led by a necklace from Moussaieff featuring a striking 8.01-carat fancy vivid blue IF diamond (estimate HK$145 million – $195 million, US$18.5 million – $25 million) (photo 1), Christie’s Hong Kong spring magnificent jewels auction will be held on 29 May 2018. Other leading lots include two magnificent fei cui bead necklaces, one with 69 beads of 8.2-10.8mm and the other with 63
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27-04-2018 The Italian Exhibition Group (IEG) will organise the Vicenzaoro pavilion at JCK Las Vegas, 1-4 June 2018. Held under the format of ‘Vicenzaoro Italian Passion. Made with Love’, the Vicenzaoro hall houses over 100 famed Italian jewellery brand promoting Italian jewellery and gold art in one of made-in-Italy jewellery’s main markets. Participating brands include Alessi Domenico S
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24-04-2018 Chow Tai Fook Jewellery (CTF) and Chow Tai Fook Art Foundation co-launched a multi-purpose design incubation initiative called Loupe in April 2018, Hong Kong. It serves as a community for jewellery designers fostering a creative and collaborative culture between designers, artisans and the public through engagement and education. Loupe is made up of five elements, namely residency, e
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23-4-2018 Corum has introduced five limited AC-One 45 Chronographs to show reverence for the epitome of nautical spirit, the cornerstone and essence of Corum. The five latest made-in-Switzerland watches have bright red, yellow, blue, green and orange for the dials and straps and limited to under 40 pieces. All are imposed with a 45mm diameters case and a twelve-point bezel design, a case
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20-4-2018 Diamond Producers Association (DPA), a world leading diamond mining companies has appointed Grant Mobley as the U.S. trade director. Mobley graduated from the Gemological Institute of America (GIA) and has over 13 years of experience in the jewellery industry, encompassing a vast range of sectors including retail, manufacturing, and sourcing. As the U.S. trade director, Mobley
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19-04-2018 Longines celebrated the closing of the Gold Coast 2018 Commonwealth Games (GC 2018) with its ‘Ambassador of Elegance’ Simon Baker on 15 April. The Swiss brand was the official timekeeper of the 11-day GC2018. All through the game period Longines hosted a number of events at Longines Records Club on Broadbeach including the Longines Records Ceremonies which witnessed many world-rec
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17-4-2018 Vancouver-based Lucara Diamond dug up a 472 carat ‘top light brown’ diamond, the third largest diamond discovered from its Karowe Diamond Mine in Botswana. “The 472 carat is the third largest diamond ever recovered from the mine and will be sold alongside other exceptional stones recovered since the beginning of the year as part of the first exceptional stone tender (EST)
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13-4-2018 Alrosa announced to hold an auction in Vladivostok from 16 to 27 April putting 110 rough diamonds totally 1,946 carats, with the largest diamond weighing 46.64 carats. All are mined from Alrosa’s deposits and its subsidiaries. “Vladivostok is one of the most important trading sites for ALROSA, which focuses on cooperation with Asia Pacific region. We have invited about
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12-4-2018 Auctioneer Sotheby’s Diamonds said two flawless white diamonds weighing over 50 carats each open up for auction at Sotheby’s Magnificent Jewels and Noble Jewels auction in Geneva on 15 May, estimated a combined price of over US$ 15 million. The 51.71-carat-round-brilliant-cut diamond and the 50.39-carat-oval-diamond are both the second largest colour D flawless diamond of t
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9-4-2018 The Perth Mint has paired up 0.08 carat Argyle pink diamond and the Pink Panther in the latest creation- Pink Panther 2018 1oz Pink diamond ingots. Both sides of the ingot were handset with two totally weighed 0.08 carat pink diamonds in colour grades between fancy intense to vivid purplish pink. 35 ingots crafted with 1oz of 99.95 percent pure platinum are available now while 3
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4-4-2018 Chopard, the brand was ranked as one of the companies that have taken few steps towards responsible sourcing policies and practices in February by the Human Rights Watch has pledged to use 100 percent ethical gold in all of its jewellery and watch collections by July during Baselworld 2018, being the first luxury jeweller to make such commitment. Chopard president Caroline Scheu
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04-04-2018 Sotheby’s Hong Kong spring 2018 important watches sale fetched a total of HK$139 million (US$17.7 million) on 2 April, marking the highest total for the company’s sales in Asia since spring 2015. The top lot, one of only seven known in the world, an important and extremely rare Patek Philippe stainless steel chronograph watch ref 1579 (photo 1) was sold for about HK$8.8 millio
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3-4-2018 Ministry of Commerce and Ministry of Tourism and Sports launch “Buy With Confidence” (BWC) program to spur jewellers on quality certification of Thai jewellery and gemstones. Jewellery and gemstones as the third industry in Thailand exports, generated 435 billion baht in exports and made up 6.3 percent of the country’s GDP in 2017. The Gem and Jewelry Institute of Thailand (GI
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29-3-2018 Hong Kong jewellery bigname Chow Sang Sang reported a three-percent sales increase in 2017 on Tuesday, accomplished by an improved consumer sentiment. Jewellery revenue grew three percent to HK$14.5 billion while two over three of the revenue (HK$8 billion) is from mainland China, grew nine percent year-on-year (yoy). Online commerce accounted for 14 percent of the sales. Hong Kon
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27-3-2018 The Gem & Jewellery Export Promotion Council (GJEPC) has signed a cooperation agreement with UBM Asia to organise an India pavilion by the GJEPC at Hong Kong jewellery and gem fairs in June and September organised by UBM Asia. GJEPC chairman Pramod Agarwal said: “Hong Kong is the second largest export market for the Indian gem and jewellery industry. The two UBM shows of June
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23-3-2018 De Beers Group has announced its diamond brand Forevermark will enter the German market. Its German partner, Heinz Mayer will launch the collection of Forevermark to the German jewellery retail pavilion at the Baselworld. The flow of international travellers through Europe from key consumer markets such as the USA, China, India and Japan is an important influence on brand selec
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22-3-2018 The Jewelers Board of Trade (JBT) has appointed Michael L. Kaplan as the new chairperson, takes over from Todd Wolleman. “We are very excited to have Mike as our chairman and look forward to his oversight and guidance,” said JBT president Richard Weisenfeld, who took over last month. Kaplan has devoted himself to the jewellery industry for over half century. He is the presi
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20-3-2018 ALROSA's United Selling Organization (USO) released results of the rough and polished diamond auctions organized during the Hong Kong International Diamond, Gem & Pearl Show from February 27 to March 3. USO yielded US$13.5 million by selling 112 special size rough diamonds (over 10.8 carats) weighing a total of 1,787 carats while the cutting division sold 67 polished diamon
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15-03-2018 The Jewelers of America (JA) has announced the winners of its 28th Case Awards. Winning designs of the national jewellery design contest were exhibited at the just-concluded JA New York Show. Winners of the five categories are: Retail value up to US$2,000 Sterling silver and 14-karat gold pendant with raw Selenite crystal, designed by Chris Jensen of C3 Designs (photo 1) Retail
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14-3-2018 Stellar Diamonds has agreed with the all-share takeover of US$10.8 million offered by its Australian rival Newfield Resources. Under the acquisition, Newfield will loan Stellar US$3 million to ease its short-term cash needs while undertaking a rights issue to raise US$30 million to re-finance the enlarged group. Stellar shareholders will receive 0.76 Newfield shares for each S
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12-3-2018 L2, a New York-based business intelligence and research firm has released its 9th annual report benchmarks the digital performance of Watches & Jewelry brands. Tiffany & Co and Cartier are the leaders among 70 assessed brands. The “Digital IQ Index Watches & Jewelry 2018” grades companies based on their digital presence and engagement, namely website and e-comme
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09-03-2018 The fifth Artistar Jewels contest has recently announced winners. They are Stanislav Drokin from Ukraine, Tiziano Andorno and Rosamaria Venetucci from Italy. Special mention was given to young English designer Katy Tromans. Founded in 2013, Artistar Jewels is an annual project for the promotion of contemporary jewellery in the globe. (Photo courtesy: Artistar Jewels)
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Organised by the Diamond Producers Association (DPA), the launch preview of the ‘Real is Rare. Real is a Diamond’ marketing campaign in China was held on 1 March 2018 in Hong Kong. DPA presented its plans to introduce this global consumer marketing platform targeted at the Chinese market in 2018. According to DPA, as the industry’s first category marketing initiative in a decade, ‘Real
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08-03-2018 Since the latter half of 2017, Chow Tai Fook Jewellery Group Limited (CTF) has launched five experience shops at popular spots for young people in Hong Kong. The boutiques feature unique décor, services, merchandise assortment and even staff uniforms, providing young consumers with a relaxing and casual shopping experience. Yesterday CTF managing director Kent Wong invited local media
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7-3-2018 The twin shows, Hong Kong International Diamond, Gem & Pearl Show (27 Feb- 3 March) and Hong Kong International Jewellery Show (1- 5 March), organised by the Hong Kong Trade Development Council (HKTDC) featuring more than 4,550 exhibitors from 50 countries and regions concluded with participation from about 87, 000 buyers from 145 countries and regions, recorded a two percent inc
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6-3-2018 The Responsible Jewellery Council (RJC) hosted a discussion regarding responsible business practices in the jewellery industry at the 35th Hong Kong International Jewellery Show in Hong Kong on 1 March 2018. RJC’s new director of business development, Edward Johnson started off with a speech. Jewellery industry experts, Ken Lo, chairman of the Hong Kong Jewellery & Jade Manufa
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5-3-2018 JNA Awards 2018, seventh edition of the "Oscars" of the Jewellery industry, organized by UBM Asia is accepting entries. The award champions best business practices in the jewellery and gemstone community by recognising and promoting companies and individuals that demonstrate outstanding leadership, innovative thinking, and sustainable and socially responsible strategies, with a focus
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26-02-2018 Organised by the Hong Kong Trade Development Council (HKTDC), the 5th Hong Kong International Diamond, Gem and Pearl Show (HKIDGPS) and the 35th Hong Kong International Jewellery Show (HKIJS) will be opening the doors to global traders tomorrow at AsiaWorld-Expo and 1 March 2018 at the Hong Kong Convention and Exhibition Centre (HKCEC) respectively. The two fairs will gather a record
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26-2-2018 Nishit (Bali) Parikh, the CEO of Diarough will take over from Stéphane Fischler as the new president of Antwerp World Diamond Centre (AWDC), an organisation representing the interests of 1,600 diamond companies in Antwerp. “Continuity, stability and a formidable personality are all essential elements in the diamond trade, and Bali (Parikh) embodies all these qualities. We ar
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Jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Jewellers’ & Goldsmiths’ Association, Hong Kong Jewellery & Jade Manufacturers Association, Hong Kong Jewelry Manufacturers' Association and Diamond Federation of Hong Kong, China, the 19th Hong Kong Jewellery Design Competition themed “The Vibrant Hong Kong” had unveiled its results on 22 February duri
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22-2-2018 Ministry of Commerce’s Department of International Trade Promotion (DITP) opened the 61st edition Bangkok Gems & Jewelry Fair (BGJF) themed “Heritage & Craftsmanship” highlighting cultural heritage and exquisite craftsmanship of Thai artisans and offering a trade negotiation platform for local and international companies. Around 900 local companies take part in the fair
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20-02-2018 Inhorgenta Munich 2018 held 16-19 February has attracted 27,000 visitors from over 70 countries and regions for the new trends in jewellery and watches. The annual show in Germany records an increase in the number of exhibitors and substantial business transactions, according to organiser Messe München GmbH. A total of 1,026 exhibitors from 42 countries and regions participated in th
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13-2-2018 UBM has accepted a £3.90 billion takeover offer from its multinational event organiser rival Informa, who aims to create the largest business-to-business events group in the world. “Our recommended offer for UBM promises to create a leading B2B information services group with the international reach and market capabilities to take full advantage of these trends,” chief executive o
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13-02-2018 The 61st Bangkok Gems & Jewelry Fair (BGJF), 21-25 February, is expected to welcome over 20,000 buyers from more than 130 countries and regions, according to organser Department of International Trade Promotion (DITP), Ministry of Commerce, Thailand. In 2017, the Thai gems and jewellery industry ranked third exporting industry in the country, with exports of gems and jewellery exc
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12-2-2018 In the Gold Demand Trends report for 2017, World Gold Council (WGC) reported the demand for gold jewellery in United States “continues to creep up, building on the base established in 2012”. The gold jewellery demand was up 3 percent to 122 tons in 2017. An “encouraging economic environment stirred up a consumer sentiment improvement. Demand in the fourth quarter reached an e
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9-2-2018 The Israel Diamond Exchange (IDE) launched a partnership with Chinese e-commerce giant Alibaba Group, providing a platform for the diamond bourse to offer polished diamonds and diamond jewellery on directly from the source. “You don’t need expansion or offices, or to fly over. You have hundreds of millions of potential customers,” said Yoram Dvash the president of the pioneer.
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8-2-2018 Jensen Jewelers, which owns 14fine jewellery stores in the United States has filed a lawsuit against Zales, one of the largest fine jewellers on rerouting Google searched to Zales’ website. Before the Black Friday season in 2016, Jensen discovered that typing in ‘Jensen Jewelers’ on Google brought up an online advertisement for Zales, a jeweller which owns over 700 stores. Th
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7-2-2018 Nine of the leading diamond industry organisations have released a jointly developed Diamond Terminology Guideline recently to encourage full, fair and effective use of a clear and accessible terminology for diamonds and their counterparts by all sector bodies, organisations, traders and retailers. According to a joint statement, the guideline serves as a reference document for the diam
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7-2-2018 Gem Diamonds, which owns 70 percent stake in Letšeng mine, had unearthed eight diamonds over 100 carats and sold 38 diamonds for more than US$1 million each in 2017, generating a revenue of US$ 94.8 million. “This is an improvement on 2016 where 34 diamonds sold for more than US$ 1 million each, generating revenue of US$ 73.7 million,” the Company added. The company reported the a
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6-2-2018 Jewellery consumption climbed 4 percent to 2,135 tons, according to World Gold Council, released today, which is a huge turnaround from a 6.7 percent slump in demand in 2016 and the first growth after five years. China’s year-on-year (yoy) demand for jewellery increased 3 percent to a two year high of 649 tons and its first increase since 2013. Chow Tai Seng which partners wit
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5-2-2018 Finance Minister of India announced the increase of customs related duty on both cut and polished diamonds, coloured gemstones and lab-grown diamonds from 2.5 percent to 5 percent aimed at protecting local industry. The industry had never expected such a decision. They have been demanding for a reduction in duty on gold imports. The decision has caused consternation among local
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3-2-2018 The Federation of the Swiss Watch Industry (FH) reported a strong growth in the second half of 2017, credits to Asian buyers especially from Hong Kong and mainland China. After almost two years of dropping exports for Swiss watches, a year-on-year (yoy) improvement of 2.7 percent recorded. Total exports reached US$21.2 billion in 2017. Luxury watch shipments increased by 0.7 per
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2-2-2018 Rio Tinto and The Perth Mint unveil the first pavé set Argyle pink diamond gold coin. The coin is adorned with 18-carat pink gold Chinese phoenix, set with a total of 1.22 carats of pink diamonds dug up from Rio Tinto’s Argyle diamond mine. “Inspired by (an) ancient Chinese legend, the fine detail and artistry of The Jewelled Phoenix have taken our craftsmanship to the next
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01-02-2018 Russian mining giant Alrosa recovered two rough diamonds last month from the Yubileynaya pipe at Aikhal Mining and Processing Division. Both stones, 97.92 carats (photo 1) and 85.62 (photo 2) carats, are transparent yellow-hue crystals respectively measuring 26 x 17 x 21mm and 27.89 x 27.20 x 27.14mm. Evgeny Agureev, Director of the USO Alrosa, said: "We are happy to announce the new
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30-01-2018 De Beers Group announced today the rough diamond sales, including global sightholder sales and auction sales, for the first sales cycle of 2018 was valued at US$665 million (provisional). The sale value of the last sales cycle in 2017 was US$455 million. Bruce Cleaver, group CEO, said: “Following positive early signs for diamond jewellery sales over the holiday season in the US, th
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30-01-2018 Vicenzaoro January Jewellery Show organized by the Italian Exhibition Group (IEG) ran from 19 to 24 January notched up a remarkable success with a 10 percent increase in buyers and an estimated more than 96,000 visitors which came from 130 countries and regions, confirming its role as the most important jewellery show in the European continent. The show hosted over 1,500 brand
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29-01-2018 Chow Tai Fook Jewellery (CTF) has recently opened an upscale jewellery boutique in a busy tourist district in Hong Kong with lavish interior design and exquisite new collections. Situated in Causeway Bay, the classy store is decorated in champagne colour for a soft and elegant ambience. Besides carefully-selected high jewellery, the shop is where new collections debut. A ribbon-cu
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26-1-2018 Diamond giant De Beers’ production of rough diamonds jumped 5 percent to 8.1 million carats in the fourth quarter and rocketed 22 percent to 33.5 million carats in 2017, thanks to the increased output of its Gahcho Kué and Orapa mines. Under the leadership of Mark Cutifani, De Beers has focused on boosting productivity. "Increase for the full year reflects our ongoing focus on produ
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26-01-2018 Christie’s announced the appointment of Vickie Sek (photo) to be chairman of Jewellery Asia today. Former deputy chairman of the division, Sek is an experienced auction specialist responsible for the successful jewellery sales in Asia over the past 23 years. The gemstones and jewellery she selected have been sought after for collectors around the globe. Her expertise, understanding
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24-1-2018 Hilde Hardemanwill takes charge of the Kimberley Process (KP) on behalf of the European Union (EU) in 2018, the European Commission (EC) has confirmed. The new chairperson is the head of the EC’s Service for Foreign Policy Instruments (FPI), which manages aspects of the European Union’s diplomacy. Earlier this month, the EU said it had commenced its role as KP chair under t
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22-01-2018 The sixth Andrea Palladio International Jewellery Awards ceremony was held at the Palladio Theatre during Vicenzaoro January 2018. Dedicated to the excellence of contemporary jewellery in design, production, retail, communication, CSR and career, the Oscars of jewellery presented awards to winners of nine categories. They are: Best Italian jewellery designer – Massimiliano Bonoli
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19-01-2018 Tiffany & Co.’s worldwide net sales jumped 8% to US$1.05 billionduring November and December. Strongest performance stemmed from the Asia-Pacific region and Europe, which sales grew by a double digits percent. According to Tiffany & Co., sales were particularly strong in the high, fine and solitaire, and fashion jewelry categories, while sales of engagement jewelry s
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17-01-2018 The Women’s Jewellery Network (WJN) has released the #NoGlassCeiling social media campaign. Bold image stating #NoGlassCeiling in black and white the WJN shared over Instagram, Facebook and Twitter, then those who work in the UK jewellery industry. The campaign aims to break the glass ceiling on UK women in the jewellery industry. The #NoGlassCeiling campaign is WJN’s firs
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17-01-2018 The world’s leading gold and jewellery show Vicenzaoro January will soon commence on Friday till next Wednesday. The ‘Hong Kong & Thailand Pavilion’ brought by the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) is among the highlights of the fair. Strategically located at Hall 3.1, the international hall at the Essence Elements zone, the Pavilion houses 60
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15-01-2018 According to preliminary figures, Alrosa’s rough diamonds and polished diamonds were sold for US$4.17 billion and US$96.9 million respectively. Combined rough and polished sales were US$4.27 billion altogether in 2017. The sales dipped 5 percent compared to 2016. “The average price of rough diamonds sold by Alrosa was a little lower than a year ago, which is due to the cha
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12-01-2018 Scheduled for next Friday, Vicenzaoro January 2018 is one of the largest international gold and jewellery shows in Europe. The Design Room will be highlighting unique concepts and designs from 12 designers from around the globe. The fair is held under the format of The Boutique ShowTM which categorises exhibits and market positioning into six districts namely Icon, Look, Creation, Exp
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10-01-2018 Gem Diamonds Ltd. (LSE:GEMD) announced the recovery of two large diamonds which weighed over 100 carats. The 110 carats and 117 carats are both D colour and type IIa stones dug up from Letšeng, the company’s Lesotho mine in southern Africa. 70 percent of Letšeng is owned by Gem Diamonds. The mine is known for the recovery of huge and high-quality white diamonds. It has pro
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09-01-2018 Australia’s Lucapa Diamond Ltd. (Lucapa) unearthed two massive diamonds at its Lulo mine in Angola. The recoveries include two diamonds weighing 103 carats and 83 carats which are a light brown diamond and a type IIa diamond respectively. The 103 carats diamond is the ninth diamond recovered, which weighed over 100 carats since Lulo commencing mining operations in 2015. “T
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08-01-2018 Scintillating bijou was perhaps the best medium to express individuality for the iconic women who wore black in solidarity with the #MeToo movement at the just-concluded 75th Golden Globe Awards. Here we highlight some of the glamorous looks. Kate Hudson (photo 1) chose to wear a Harry Winston Secret Wonder platinum pendant set with diamonds, sapphires and aquamarines and the brand’
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4-1-2018 Italian politician Federica Mogherini, who is also the high representative for foreign affairs and security policy of European Union (EU), will take over Kimberley Process (KP)’s chairmanship this year. Back when the role announcement was made, Mogherini said: “It (KP) is part of our work for human rights, to make sure that diamonds produce wealth, not modern slavery. It has spread
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4-1-2018 Auction houses Christie’s and Sotheby’s put some of the fancy vivid pink diamonds under the hammer in Hong Kong in 2017 and sold for an eye-watering price. We highlighted their headline stones that shaped the year. Christie’s: An oval-shaped fancy vivid pink VVS1 diamond named “ The Pink Promise” sold for an incredible hammer price of US$32 million (HK$250 million)in
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02-01-2018 Nilesh Sheth of Nice Diamonds has recently been elected the new president of the Indian Diamond and Colorstone Association (IDCA). Other new appointments include vice president Shailesh Jhalani of Prompt Gem Importers, secretary Shrenil Bhansali of Fairway Diamonds, treasurer Rajeev Pandya of Ashi Diamonds and joint secretary Shekhar Shah of Real Gems. Board members including Roopam
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29-12-2017 Mastercard SpendingPulse survey reported on 26 December 2017 that jewellery sales in the United States increased six percent this holiday season, largely driven by last-minute sales. During the holiday shopping period from 1 November to 24 December 2017, total retail sales grew 4.9 percent, the largest year-over-year increase since 2011. “Online shopping also saw large gains of 18.1
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27-12-2017 Formerly known as the Antwerp Diamond Trade Fair, the ninth edition of the BrilliAnt diamond show, which was scheduled from 28 to 30 January 2018, is being postponed. The organisers, the Antwerp Diamond Bourse, the Diamond Club of Antwerp and the Antwerp Diamond Kring, announced on 22 December 2017 that a new project for a bigger event in Antwerp is being planned and the new dates wil
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22-12-017 The Geneva International Gem & Jewellery Show (GemGenève), a new jewellery trade fair in Geneva, Switzerland, will debut during 10-13 May 2018at the city’s exhibition and convention centre Palexpo. Coinciding with major jewellery auctions that draw high-end buyers to the city each year, the show will be open and accessible to a targeted audience of buyers and collectors capitali
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20-12-2017 Starting today, the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) will hold a Christmas sale of fine jewellery from members at Harbour City Bazaar, Hong Kong. Selected items are up to 80% off. Date: 20-26 December 2017 Time: 11 AM – 9 PM Venue: Harbour City Bazaar (5/F, Wharf T&T Centre, 7 Canton Road, Tsimshatsui, Hong Kong) The sale offers a wide
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Christie’s has made nine world jewellery auction records in 2017 achieving a total of US$556.7 million worldwide, said the auction house on 15 December 2017, including: - World auction record for any D-colour flawless diamond: The Art of de Grisogono, Creation 1 necklace, US$33,705,900 (photo 1) - World auction record price per carat for a pink diamond: The Pink Promise diamond ring, US$32,163
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Japanese pearl jeweller Mikimoto has recently unveiled Les Pétales de Ginza Collection which is inspired by a beautiful and delicate petal dancing in a spring breeze in Ginza, Tokyo. Set in 18-karat pink gold with Japanese akoya pearls, South Sea pearls and diamonds, the collection represents the brand’s more than 110-year presence in Ginza, one of the world’s leading luxurious districts.
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13-12-2017 Bell & Ross takes transparent timepieces to the next level by launching the BR-X1 Skeleton Tourbillon Sapphire, after the success of last year’s BR-X1 Chronograph Tourbillon Sapphire. With a limited edition of eight pieces, the new watch is made from five sapphire blocks assembled with screws. The off-centred hour counter is positioned above the barrel for releasing the tourbill
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11-12-2017 The 25th JMA Hong Kong recorded a 15-percent growth in the number of buyers with a 20-percent increase in booth number. Held 30 November – 3 December 2017, the expanded jewellery show added Hall 3FG to its fairground while introducing a brand new Bridal Jewelry Gallery. Workshops on ring box and corsage making were held to draw visitors. The JMA International Jewelry Design Competi
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08-12-2017 Pantone® named ‘Ultra Violet’ (Pantone 18-3838) as the Color of the Year for 2018. “A dramatically provocative and thoughtful purple shade, ‘Ultra Violet’ communicates originality, ingenuity, and visionary thinking that points us toward the future,” the colour trendsetting authority said on their website. Leatrice Eiseman, executive director of the Pantone Color Institu
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06-12-2017 The 709-carat ‘Peace Diamond’ was sold at auction for US$6.5 million to the House of Graff on 4 December 2017. The price was lower than the bid of US$7.08 million that the Sierra Leone government rejected in May in Freetown due to the unsatisfactory price. The rough was discovered by a group of artisans in Koryardu, Sierra Leone in March this year. The village has no water, electr
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5-12-2017 The 12th China Gold & Precious Metals Summit 2017, an annual precious metals gathering officially endorsed by China Gold Association and Shanghai Gold Exchange, organised by Shanghai Gold & Jewelry Trade Association and co-organised by IGVision International Corporation, will be held during 6-7 December 2017 in Shanghai. As China’s largest precious metals conference for
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Tiancheng International’s jewellery and fei cui autumn auction dated 3 December 2017 fetched a total of HK$221.5 million (US$28.4 million) and set a world auction record for Mozambican ruby jewellery. The world record was made by a pair of earrings featuring a 14.54- and a 13.12-carat Mozambican ‘pigeon’s blood’ rubies, pink diamonds and diamonds which was sold for HK$48 million. The top
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29-11-2017 ‘The Pink Promise’ ring set with a 14.93-carat fancy vivid pink VVS1 type IIA diamond fetched HK$250 million (US$32 million) at the magnificent jewels autumn sale held by Christie’s Hong Kong yesterday, making it the most expensive jewellery sold by Christie’s in Asia. Vickie Sek, deputy chairman and director of Jewellery Asia, said: “At US$2.15m, The Pink Promise matched th
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27-11-2017 Started 24 November 2017, the 4th Jewelry Cultural Festival is drawing to a close today at the Panyu Museum, China. Themed “global jewellery made in Panyu”, the festival incorporates a wide array of events including jewellery sales, seminars, cultural performances and free jewellery testing services. According to organiser Guangzhou Panyu Jewelry Manufacturers Association, the fes
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24-11-2017 3DG Jewellery, Hong Kong, has launched Love Pulse diamond necklace collection featuring a mechanism which allows the diamond center-stone to dance along with body movement. The faceted metal around the diamond is designed to exemplify the look of the stone. 3DG Jewellery is active in the design, development and sale of diamond jewellery, gold ornaments and corporate gifts. It has esta
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22-11-2017 Dubbed the world’s most expensive rough diamond, the 813-carat ‘Constellation’ (photo) is now in Israel undergoing the first stage of processing. The diamond was found in the Karowe mine in Botswana by Canadian-based Lucara Diamond in 2015. The big stone was brought to Israel for processing at the Synova laser cutting room in the Israel Diamond Exchange (IDE). The Synova Laser M
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21-11-2017 Co-organised by De Beers Group and Forevermark, the Shining Light Awards 2016-17 announced the finalists on 20 November 2017. The Shining Light Awards aim to recognise emerging jewellery designers in Botswana, Namibia and South Africa, providing them with a platform to build their careers in the jewellery design industry. Participants of the 2016-17 edition were required to create a
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20-11-2017 The Gemmological Association of Hong Kong Limited (GAHK) held its 38th anniversary dinner cum professional certificate presentations on 17 November 2017 in Central, Hong Kong. The Myanmese consul general in Hong Kong Wunna Han was the guest of honour. Heavily-attended by industry veterans, the annual event was inaugurated by the speeches of Wunna Han, Gem-A CEO Alan Hart (photo 1) and
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17-11-2017 Tiancheng International’s jewellery and jadeite autumn sale will be held on 3 December 2017 in Hong Kong. Among the over 250 lots totaling over HK$280 million (US$37 million), leading pieces include a Burmese ruby and diamond necklace and a natural fei cui bead necklace. The Red Romance necklace (photo 1) set with diamonds and nearly 140 carats of 84 natural unheated Burmese rubies
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15-11-2017 De Grisogono’s emerald and diamond necklace featuring a 163.41-carat emerald-cut diamond (photo 1) set a new world auction record of a D-colour flawless diamond at Christie’s Geneva on 14 November 2017. The Art de Grisogono Creation 1, set with the world’s largest flawless D-colour diamond ever auctioned, achieved CHF33,500,000 (US$33,705,994) at the ‘Magnificent Jewels’ auc
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13-11-2017 Richemont recorded a double-digit growth in jewellery and watches over the first fiscal quarter of 2017 thanks to the strong performance in Asia, announced the Geneva-based luxury retail giant on 10 November. During the period Richemont’s ‘jewellery maisons’ segment including Cartier and Van Cleef & Arpels (VCA) achieved a 15-percent year-on-year growth from 2.76 billion eur
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9-11-2017 Published by Fancy Color Research Foundation (FCRF), the Fancy Color Diamond Index (FCDI) for the third quarter (Q3) of 2017 indicated a slight rise overall of 0.2 percent over last quarter, for yellow, pink and blue fancy-coloured diamonds in all sizes and saturations. The prices of fancy blue and pink diamonds grew 0.4 percent and 0.3 percent respectively. Similar to Q1 2017 trends
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08-11-2017 The ICA 2017 International Poster Competition organised by the International Colored Gemstone Association (ICA) announced winners on 8 November. A total of 80 entries were received. Winners: First prize (US$2,000): Shanna Senior, the United States (photo 1) Second prize (US$1,500): Zoran Regan Veira, Australia (photo 2) Third prize (US$1,000): Icaro Carlos, Brazil (photo 3) Specia
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06-11-2017 Sears Holdings will be shutting down over 60 unprofitable stores early next year, the American retail heavyweight said on 2 November 2017. Under the new plan, 45 Kmart and 18 Sears stores will close in January 2018. The stores will stay open through the holiday season, and liquidation sales will begin 9 November 2017. “Sears Holdings continues its strategic assessment of the produc
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03-11-2017 Israel Diamond Exchange (IDE) president Yoram Dvash was re-elected earlier this week for a second term of three years at a general assembly of bourse members, the bourse said on Thursday. IDE also held elections on Wednesday for its board of directors and members of the control committee. Sixteen new board members were elected to the directorate. According to the bourse, during the
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02-11-2017 The magnificent jewels autumn sale 2017 held by Christie’s Hong Kong is scheduled for 28 November. The leading lot goes to a pink diamond ring which is considered the most expensive jewellery ever offered at the auction house. A collection of 30 pieces of jewellery from the world-famous jewellery artist Wallace Chan serves as another big highlight. A media preview of the sale was hel
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01-11-2017 The final of the ‘2017 International Design Competition on Trendy Fei Cui Jewellery’ and the ‘Hong Kong Students Design Competition on Fei Cui Jewellery in Celebration of the 20th Anniversary of the Reunification of Hong Kong with China’ was held at the Hong Kong Convention and Exhibition Centre on 30 October. Winners are as follows: 2017 International Design Competition on T
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31-10-2017 Legendary Japanese pearl giant Mikimoto has recently launched a new collection set in 18-karat white gold with South Sea pearls, Japanese akoya pearls and diamonds capturing the beautiful blossoming scene while praising the nature through the art of pearl jewellery. The colour and lustre of the pearls in the Bloom Collection, according to Mikimoto, are cautiously selected to match eac
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27-10-2017 HRD Antwerp released ID Card, an affordable, new type of grading report for diamonds that weigh 0.08-0.998 carat on 26 October 2017. With the new product, the lab aims to bring a comprehensive solution to one of the diamond market’s main current challenges – ensuring customer confidence in small-sized diamonds. The credit card-sized grading report is available in two versions, dep
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25-10-2017 Lukfook Jewellery recorded a 17-percent increase of same-store sales in the second fiscal quarter of 2017 (2QFY2017) ended 30 September 2017, powered by its strong performance in mainland China and Hong Kong and Macau where same-store sales were up 11 percent and 18 percent respectively, said the company. Gold jewellery same-store sales in mainland China jumped 19 percent, while gem-s
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23-10-2017 Alrosa has extracted a large 34.17-carat yellow diamond, the largest fancy-coloured rough diamond uncovered by the miner this year. The rough diamond, found by Alrosa affiliate Almazy Anabara at its Ebelyakh alluvial mining deposit in the remote region of Yakutia, is a transparent intense yellow crystal with a small inclusion, according to the company. The yellow diamond will be
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20-10-2017 Chow Tai Fook Jewellery Group Limited (CTF) reported a 15-percent rise in the value of its mainland sales in the second fiscal quarter of 2017(2QFY2017) ended 30 September 2017, while the value growth for Hong Kong and Macau was 12 percent at the same period. Same-store sales increased nine percent in the Mainland and 13 percent in Hong Kong and Macau, surpassing the mainland figure f
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18-10-2017 Cibjo has just released a special report on pearls highlighting the concern over a worry trend that marketers in social media “are implying and sometimes stating directly that cultured pearls are natural”. Drafted by Kenneth Scarratt (photo), president of Cibjo’s pearl commission, the report said “the deceptive practice is being carried out by those who choose to omit the word
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16-10-2017 Linneys, Australia, has launched a jewellery collection featuring coloured diamonds from Rio Tinto’s Argyle mine. The new collection is claimed to be the largest collection of fancy coloured diamond jewellery ever publicly exhibited in the southern hemisphere. Among the 75 fine jewellery pieces and important fancy-coloured diamonds in the collection is the 2.83-carat fancy deep grey
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13-10-2017 Sotheby’s will auction ‘The Raj Pink’, the world’s largest known fancy intense pink diamond for an estimated US$20-30 million, the auction house announced on 11 October 2017. The rare diamond weighing 37.3 carats will take centre stage during Sotheby’s sale of Magnificent Jewels and Nobel Jewels in Geneva on 15 November 2017. Sotheby’s set the current record price for a f
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12-10-2017 Hong Kong-based Chow Tai Fook Jewellery Group Limited (CTF) has just launched a new jewellery boutique in the New Territories, Hong Kong, providing customers with an interactive shopping experience. Inspired by cololourful gift boxes, the Yoho Experience Store located in Yuen Long's Yoho Mall features furniture and fixtures with wrapping paper patterns and textures. Jewellery is show
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11-10-2017 The Revere Academy of Jewelry Arts, San Francisco, has recently announced the winners of the 2017 Tahitian Pearl Contest. Jenny Reeves won the grand prize in the instructor category for her Sun and Sea pendant (photo 1) made in Argentium sterling silver and gold with Tahitian pearl, watermelon tourmaline and diamond. In the student category, William Roberston was the grand prize winn
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09-10-2017 The eight-day ‘Double Golden Week’ holiday, combing the National Day holiday and the Mid-Autumn Festival holiday, ended yesterday. The number of Mainland tourists visiting Hong Kong recorded a surge of 5.9 percent compared with the same period last year. Some local retailers said sales were particularly robust over the first couple of days of the holiday; after the Mid-Autumn Festi
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06-10-2017 De Beers released its latest Diamond Insight Report in September 2017 revealing that shifting relationship dynamics, women’s expanding roles in society and changing perceptions of femininity are creating new motivations for diamond jewellery acquisitions. Social and economic changes are leading to expanded symbolism for diamond jewellery, record levels of self-purchase and the estab
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04-10-2017 The jewellery sale held by Sotheby’s Hong Kong on 3 October 2017 fetched a total of HK$504,057,500. A rare Bhagat platinum ring (photo 1) featuring a 13.26-carat oval Burmese ‘pigeon blood’ ruby was sold for HK$81,662,500, making it the top lot. The special setting arrangement of the stones add a wow factor to the ruby ring. Besides the two rose-cut diamonds which embellish both
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03-10-2017 Sotheby’s Hong Kong autumn 2017 important watches sales held on 2 October 2017 fetched a total of HK$83 million (US$11 million). A rare and limited edition sapphire tonneau-shaped skeletonized tourbillon watch RM56-02 by Richard Mille (photo 1) was sold for HK$14.5 million. Another top lot was a pink gold double dial Sky Moon Tourbillon watch with 12 complications ref 5002R by Patek
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29-09-2017 Christie’s Geneva is going to sell a de Grisogono diamond and emerald necklace featuring a 163.41-carat diamond centerpiece, the largest D-colour flawless type IIA diamond ever at auction. The emerald-cut diamond was cut from a 404.20-carat rough recovered from the Lulo mine in Angola. Named ‘4 de Fevereiro’, the rough was bought by Fawaz Gruosi, founder of de Grisogono, and the
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27-09-2017 Lucara Diamond Corp has sold the 1,109-carat Lesedi La Rona diamond to Graff Diamonds for US$53 million, or US$47,777 per carat. The rough diamond is the second-largest in the history of the trade and the biggest that any company has unearthed in Botswana, Lucara said on 25 September 2017. Lucara recovered the rough from its Karowe mine in Botswana in November 2015, and then failed to
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Alrosa, Russia, announced the recovery of a gigantic pink diamond on 21 September 2017 which, according to the company, could be the most expensive polished diamond in its history. The 27.85-carat rough measuring 22.47 mm x 15.69 mm x 10.9 mm was unearthed by Almazy Anabara, an Alrosa subsidiary, at its alluvial mines in Russia’s Far East. The previous largest pink rough from Alrosa was 3.86 ca
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Alrosa, the world’s largest producer of rough diamonds in carats, started a global roadshow for The Dynasty collection of polished diamonds in Hong Kong on 19 September 2017. The collection consists of five diamonds produced from one 179-carat rough diamond,The Romanovs which was recovered from the Nyurbinskaya kimberlite pipe in the Republic of Sakha (Yakutia) in 2015. The centerpiece of the c
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Hong Kong-based Aaron Shum Jewelry and award-winning designer Reena Ahluwalia have recently co-launched a new jewellery brand ‘Coronet by Reena Ahluwalia’, with the Soul Carousel spinning collection being the highlight. On display at the just-concluded jewellery fair in Hong Kong, the new collection is set with natural diamonds and Swarvoski’s stones. “The collection is an explosion of co
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In response to the growing demand from Asian jewellers for diamond grading reports, the International Institute of Diamond Grading & Research (IIDGR) of De Beers Group has recently established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and mainland China. The partners are Aurora Diamond in Thailand, DOJI Group in Vietnam and Chow Tai Se
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The Asian Institute of Gemological Sciences (AIGS) announced last Friday, 15 September, a cooperation with the Natural Color Diamond Association (NCDIA) in launching NCDIA Asia which will be located at the Jewelry Trade Center in Bangkok, Thailand. The new organisation, headed by AIGS president Barbara Wheat, aspires to be the natural coloured diamond hub in Asia serving as a base for expanding a
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JNA Awards 2017 revealed the names of award recipients across 10 categories on 14 September 2017. The 18 Award Recipients across 10 categories are: Brand of the Year – Retail Goldendew Co Ltd, South Korea Tanaka Kikinzoku Jewelry K K, Japan Retailer of the Year (450 outlets and below) SK Jewellery Pte Ltd, Singapore eSupplier of the Year Kela, China Shree Ramkrishna Exports
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The International Institute of Diamond Grading & Research (IIDGR) has announced that SYNTHdetect, the industry’s first synthetic screening device for set jewellery, is now available for delivery. According to the De Beers Group company, SYNTHdetect is the only synthetic screening device specifically for jewellery retailers to quickly and easily ensure the authenticity of the diamonds they p
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The 36th Hong Kong Watch & Clock Fair ended on 9 September 2017 has attracted nearly 21,000 buyers from 92 countries and regions, a four-percent increase over the previous edition. Number of buyers from mainland China, Indonesia, Korea, Singapore, Vietnam, Canada, France, Iran, Russia and UK saw satisfactory growth, according to the Hong Kong Trade Development Council (HKTDC), co-organiser of
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The mid-season jewellery auction held by Tiancheng International will be held on 2 October 2017 featuring designer jewellery from celebrated names including Nisan, de Grisogono, Wallace Chan and Jason Koo. Blue titanium Butterfly brooch from Thai designer Nisan is set with approximately 27.35 carats of coloured sapphires and approximately 2.55 carats of diamonds. According to the auction house, N
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In celebration of the 35th anniversary of Vocational Training Council (VTC), Hong Kong Design Institute (HKDI) and Hong Kong Institute of Vocational Education (IVE) (Lee Wai Lee) will present two exciting exhibitions: “Swiss Accessory and Watch Design by HEAD – Genève” and “In Praise of Silk: Fashion from China National Silk Museum Across Time”, which will run from 9 September, 2017 t
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JNA Awards 2017 honours pearl gurus Robert Wan and Jacques Branellec with ‘Lifetime Achievement Award’, the highest recognition of the annual award. This is the first time that the award goes to two individuals. Robert Wan, founder of the Robert Wan Group is widely credited for bringing the Tahitian pearl into the forefront of the fine jewellery industry. Jacques Branellec, co-founder of Jewe
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Iconic masterpieces from legendary jewellery houses including rare pieces from Cartier and Van Cleef & Arpels (VCA) are highlights of Sotheby’s Hong Kong autumn jewellery sale to be held on 3 October 2017. The Tutti Frutti Cartier bracelet (photo 1) is an important Art Deco design set with diamonds and carved sapphires, rubies and emeralds estimated HK$10.5 – $14 million (US$1.3 – $1.8
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The Gem and Jewelry Institute of Thailand (GIT) will organise the award announcement ceremony of the World’s Most Beautiful Ruby Contest 2017 on 6 September during the 60th Bangkok Gems and Jewelry Fair (BGJF)at the Impact Exhibition Centre, Bangkok. As one of the warm-up events for World Ruby Forum which will be held concurrently with CIBJO Congress on 4 November 2017 in Bangkok, the contest i
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The Hong Kong Trade Development Council (HKTDC) announced the winners of the 34th Hong Kong Watch & Clock Design Competition on 29 August 2017. A total of over 200 entries competed to get the nod from a panel of nine judges. Themed ‘Luxury Automobile’, the open group was crowned by Tam Kwok Tung whose Roadster (photo 1) features a crown on the face and streamline design. The special rotat
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The 36th Hong Kong Watch & Clock Fair co-organised by the Hong Kong Trade Development Council (TDC), the Hong Kong Watch Manufacturers Association Ltd and the Federation of Hong Kong Watch Trades and Industries Ltd will be held during 5-9 September 2017 at the Hong Kong Convention & Exhibition Centre. A press conference was held on 29 August highlighting the features of the world’s large
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De Beers Group announced on 29 August 2017 that it will invest over US$140 million in marketing this year, making it the group’s biggest spend since 2008. According to De Beers, the increased investment will be focused on pushing consumer demand in global leading markets with the greatest spend targeted in the US, China and India. The majority of the investment will support the group’s propr
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Israel-based Sarine Technologies announced on 28 August 2017 that its digital Sarine Profile report will include 4Cs grading and diamond identification. Apart from light performance, the hearts-and-arrows pattern and 3D imaging, the enhanced Sarine Profile report will also include 4Cs grading and information on whether the diamond is synthetic or treated (optional). To obtain the above data, the
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Brazil’s government has abolished a large national reserve in the Amazon to open up the area to mining and mineral exploration, according to a presidential decree published on 23 August 2017 in the official government gazette. The area extending across Amapa and Para covering 4.6 million hectares is thought to contain gold, iron ore, copper and other minerals. The decree from president Michel
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Tiffany & Co reported an increase in revenue and profit in the second quarter (Q2) ended 31 July 2017, driven by increased wholesale sales of diamonds, wholesale sales in the Asia-Pacific region and strong e-commerce sales growth. Worldwide Q2 net sales increased three percent to US$960 million, while comparable-store sales declined two percent, said the jeweller on 24 August 2017. Net earn
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According to the Federation of the Swiss Watch Industry, the Swiss watch industry exports reported growth for the third month in a row in July 2017 at SFr1.7 billion, representing a 3.6-percent growth compared to the same period last year. Watches in precious metals and steel made a strong contribution to the overall growth in value while other materials, such as bimetal products, declined. Volum
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India’s exports of cut and polished diamonds valued US$1.645 billion in July 2017, a marginal drop over the same month in 2016 at US$1.651 billion, according to the provisional data from The Gem & Jewellery Export Promotion Council of India. In the same period rough imports was at US$1.33 billion, marking a decrease by 6.1 percent compared to US$1.41 billion in July 2016. In volume terms, 1
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Nine in 10 millennial women are looking for “authenticity” when buying luxury items such as diamonds, according to a recent study by the Diamond Producers Association (DPA). The survey, commissioned to KRC Research from 10 to 14 July among 995 millennial women between the ages of 18 and 34 in the United States, discovers that while millennials are expressing a preference for authenticity in l
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Kering has recently announced the appointment of Patrick Pruniaux (photo) as the new CEO of Ulysse Nardin, effective 28 August 2017. His mission is to accelerate the international expansion of the Swiss watchmaking brand. Pruniaux is experienced in the watchmaking industry. Besides holding various positions at TAG Heuer for nine years, he was involved in the launch of the Apple Watch. He is repl
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On 14 August 2017 it was ruled that American retailer Costco infringed on the trademark of Tiffany & Co by selling engagement rings labelled as ‘Tiffany’ rings on store signs. It was reported that the company made US$37million selling roughly 2,500 diamond rings. Costco was been ordered to pay US$19million in damages and has to now refer to the rings as ‘Tiffany-style’. The legal bat
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The 60th Bangkok Gems and Jewelry Fair (BGJF) will be held 6-10 September 2017 at Impact Exhibition Centre. The Department of International Trade Promotion (DITP), show organiser, encourages buyers to look for the Thailand Trust Mark (T Mark) which guarantees the quality and craftsmanship of the jewellery from Thai brands. Initiated by DITP in 2012, the T Mark is granted to local manufacturers or
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Held from 2 to 11 August 2017, the 54th Myanmar Gem Emporium raked in €518 million through an open tender system. 5,092 out of 6,561 jade lots offered were sold for €515 million, while 105 out of 326 gem lots were sold for €3.07 million, according to The Myanmar Times. Last year, the emporium raked in a total of €533 million versus the Ministry of Natural Resources and Environmental Conse
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Hong Kong based Chow Tai Fook Jewellery Group Limited launched its new diamond brand CHOW TAI FOOK T MARK. According to the group, this initiative revolutionises the century-old diamond authentication with the pioneering 4Ts concept. Each CHOW TAI FOOK T MARK diamond is inscribed with a “T MARK” making by patented technology. The marking, essentially a set of unique serial numbers, traces the
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London-based Garrard has recently launched the first boutique in Shanghai, China. Situated in the Bund district, the new shop marks the brand’s 29th point of sale around the globe. To celebrate the new opening, a number of one-of-a-kind high jewellery pieces will be exclusive to Shanghai. The Emerald Ivy suite, for instance, consists of earrings, a bracelet and a necklace set with emeralds and
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The American Gem Trade Association (AGTA) announced the winners of 2017 AGTA Spectrum Awards™ on 5 and 6 August in New York. A pair of 53.56-carat blue tourmalines by Mikola Kukharuk of Nomad’s won the Best of Show top honour. The judges for this year’s competition include Arun Bohra of Arunashi, Cathy Calhoun of Calhoun Jewelers, Sherris Cottier Shank of Gemscapes, Alishan Halebian of Ali
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At the invitation of Shi Kong Place Chongqing, ‘Bejewelled Treasures : Exhibition by Lin Shiao Tung’ will be held from 9 August 2017 to 31 December 2017 to showcases works of the Taiwanese jewellery designer. The exhibition is designed as an installation of micro sculptures in the space. With the aid of groundbreaking techniques, the artist’s ideas transform spatial forms and lines into jew
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As an extension of the ‘Hong Kong Students Design Competition on Fei Cui Jewellery in Celebration of the 20th Anniversary of the Reunification of Hong Kong with China’, a seminar-and-workshop programme ‘An Enlightening Journey of Creativity’ was organised by the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) on 5 August 2017 at the Hong Kong Polytechnic University. In th
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Global gold demand in Q2 2017 fell by 10 percent to 953 tonnes when compared with the same period in 2016, according to the World Gold Council’s (WGC’s) latest Gold Demand Trends report. Jewellery demand, however, recorded a modest gain in H1 2017 compared to 2016. “After record levels of inflows into Exchange Traded Funds (ETFs) in H1 2016, a significant slowdown in the sector was the pred
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London-based award-winning designer brand Sarah Ho London unveiled the second chapter of its Hidden Garden high jewellery collection recently with Wisteria Suite. The suite takes inspiration from the wisteria that graces London townhouses in the summer, transforming the brickwork into rich spectacles with their cascades of vivid blooms. The flowers represent longevity and grace and are used in Fe
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Alrosa will be holding a special online auction in November 2017 to sell The Dynasty, a unique collection of diamonds manufactured at its cutting and polishing facilities. The Dynasty consists of five diamonds and was created from a 179-carat rough diamond. The Romanovs, a unique rough diamond, was recovered from Nyurbinskaya kimberlite pipe in the Republic of Sakha (Yakutia) in 2015. The centr
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Two major Hong Kong jewellery associations, the Hong Kong Jewelers’ & Goldsmiths’ Association and the Kowloon Pearls, Precious Stone, Jade, Gold and Silver Ornament Merchants Association launched the Code of Practice of the Jewellery Retail Industry (the Code) together with the Consumer Council on 31 July 2017. In July 2015, the Consumer Council signed a collaborative agreement with the t
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The world’s leading luxury products group LVMH Moët Hennessy Louis Vuitton recorded revenue of 19.7 billion euros in the first half of 2017, a year-on-year increase of 15 percent. A revenue growth of 14 percent was achieved by the watches and jewellery division. According to an LVMH report released on 26 July, Bvlgari enjoyed an excellent first half and continued to gain market share. “This
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Rio Tinto unveiled the largest fancy red diamond in the history of its Argyle Pink Diamonds Tender, during a world exclusive preview in New York. The 2.11-carat polished radiant-cut diamond, named Argyle Everglow™, is the dazzling centrepiece of the 2017 Argyle Pink Diamond Tender – an annual showcase of the rarest diamonds discovered from Rio Tinto’s Argyle mine, according to the company.�
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Gem Diamonds Limited reported on 25 July 2017 that the average price per carat achieved at its Letšeng project in Lesotho rose to US$1,779 during the first six months of 2017, a 20-percemt rise as compared to the US$1,480 achieved during the preceding six month period (H2 2016) on account of an improvement in the number of over-100-carat stones recovered. According to its trading update, during
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De Beers announced its production report for the second quarter of 2017 on 20 July 2017. Rough production increased 36 percent to 8.7 million carats in line with higher production forecast for 2017, reflecting stable trading conditions and the contribution from its recently launchedGahcho Kué mine in Canada, according to the miner. In Botswana, production rose 14 percent to 5.9 million carats.
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Partnering with local columnist Chip Tsao, renowned Hong Kong fei cui jewellery brand Edward Chiu Jewellery Art launched a collection of fountain pens made with black jade, white jade and black diamonds on 17 July 2017. A series of 10 fountain pen sketches by Tsao were on exhibition in the jewellery brand’s retail shop at IFC Mall, Central. Regarding the crossover, Tsao said: “My goal is to e
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World-renowned jewellery artist Wallace Chan will be giving a seminar on jewellery, design and culture on 5 August 2017, Saturday, at the Hong Kong Polytechnic University. As part of the ‘Hong Kong Students Design Competition on Fei Cui Jewellery in Celebration of the 20th Anniversary of the Reunification of Hong Kong with China’ organised by the Hong Kong Jewellery & Jade Manufacturers A
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HRD Antwerp’s research department has recently identified two rough stones, which were believed to be diamonds, as topaz. According to their report dated 12 July 2017, the two near-colourless rough stones weighed 50.08 and 38.18 carats. Though topaz shares a similar density to diamond, their crystals display very different growth lines and growth structures due to their particular crystallisati
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14 July 2017 Skolorr, the first online marketplace for independent watchmakersin the world was launched in July 2017, with the aim to connect a new generation of watch buyers directly with the makers, presenting the opportunity to discover and acquire cutting-edge haute horology on a highly exclusive scale of production. Acting as a matchmaker between the brands and end-customers, Skolorr has 20
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The Responsible Jewellery Council (RJC) invites industry input for its Code of Practices review. The Code of Practices is the standard which defines responsible ethical, human rights, social, and environmental practices for companies in the diamond, gold and/or platinum metals jewellery supply chain. Certification against the Code of Practices is a mandatory part of RJC membership. The Public Sum
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London-based Gem Diamonds announced on 6 July 2017 that it has recovered a 126-carat, D colour, type IIa rough at the Letšeng mine in which the miner has a 70-percent stake. The mining company found a 104.73-carat, D colour, type IIa diamond and a 151.52-carat type I yellow diamond in June. In May the company discovered a 98.42-carat, D colour, type IIa diamond and an 80.58-carat, D colour, type
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8 July 2017 The Xifu International Gold Wedding Jewellery Design Competition 2017 announced on 7 July 2017 that it has shortlisted 30 finalists who will vie for the Grand Prize that includes a one-kilogram pure gold bar. Jointly organised by JNA and CJNA of UBM Asia, the World Gold Council (WGC) and the People's Government of Yantian District, Shenzhen, the biennial competition aims to usher in
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Organised by Italian Exhibition Group (IEG), Vicenzaoro announced that the new September 2017 editionwill start on 23 September 2017 with a rich calendar of novelties and appointments. The organiser said the theme for Vicenzaoro September 2017 will be “Green Jewellery”, representing the corporate responsibility and the sourcing policies of all the materials employed in the sector. The upcomin
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4 July 2017 Co-presented by the Master Studio of Chow Tai Fook and Art Museum of the Chinese University of Hong Kong (CUHK), ‘Golden Techniques: Art of the Chinese Goldsmiths’, the exhibition of periodical achievements of ancient Chinese gold working techniques research project, starts from today (4 July) to 27 September 2017 at Art Museum, CUHK. The opening ceremony of the exhibition was
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New York-based Tiffany & Co will be launching the Tiffany Diamond Academy in Hong Kong starting 10 July 2017 for a month, sharing with guests the brand’s diamond heritage and tradition of craftsmanship. It marks the first time the traveling academy comes to Asia. Guests will be exposed to the journey that each diamond goes through, from rough to a Tiffany jewellery. To enhance the knowledge
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The Federated International GemLab SA (FIG) has recently launched in association with the International Colored Gemstone Association (ICA) offering gemstone identification reports to the world. Located in Bangkok, private-owned FIG provides four gemstone testing reports namely identification report, origin report, special report, and monograph report. For colour grading, FIG uses the trade terms
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30 June 2017 JCK Las Vegas and LUXURY shows which ended on 8 June 2017 at the Mandalay Bay Convention Center, welcomed a combined 21,800 retailer attendees who visited 2,426 jewellery, gemstones, equipment and tools vendors at both shows, according to the organiser Reed Exhibitions. Although attendance was slightly down over the previous year, initial research shows transactions were well ahead
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Dutch bank ABN AMRO released its Diamond Market Outlook report on 26 June 2017, stressing that recovery in the diamond trade has grinded to a halt at the start of 2017. While at the end of last year there was a clear improvement in the diamond trade, this improvement has petered out since the start of 2017. This is due to disappointing US economic growth and consumer spending in Q1, reduced consum
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The Israel Diamond Institute (IDI) chairman Shmuel Schnitzer and president of the Israel diamond Exchange (IDE) Yoram Dvash have recently met Alrosa’s president Sergey Ivanov in Moscow to discuss diamond supply and generic diamond marketing. It was the first meeting for the three parties since Ivanov became Alrosa’s president, according to IDI. Dvash and Schnitzer asked the Russian miner to i
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Organised by UBM Asia with Jewellery News Asia and CJNA, the JNA Awards announced the lists of finalists across 10 categories on 22nd June 2017, also the first day of the June Hong Kong Jewellery & Gem Fair. With a focus on advancing the trade in Asia by celebrating excellence in the jewellery and gemstone industry, the JNA Awards is now in its 6th year. This year, close to 100 entries fro
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Known for his whimsical and out-of-the-box jewellery pieces, award winning jewellery designer Alessio Boschi was invited to share insights into jewellery branding and design during the debut Thailand Gems & Jewelry Fair 2017 on 16 June 2017 at Impact Challenger, Bangkok. Boschi’s Homage to Renaissance earrings and necklace set recently won the Aesthetics Award in the International Jewellery
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The inaugural Thailand Gems & Jewelry Fair (TGJF) 2017 closed its curtains on 18 June in Bangkok. The show recorded a total of nearly 13,000 visitors among them over 5,700 were from abroad, said organiser Thai Gem and Jewelry Traders Association (TGJTA). Buyers were mainly from mainland China, India, Myanmar, Japan and the United States. “The Thai gems and Jewellery industry is proud to su
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Diamond trading in India suspended on 17 June 2017 in opposition to a new GST on diamonds which will come into force from 1 July, said The Times of India. The call for shutdown was initiated by a diamond GST sangarsh samiti which opposes to the Indian government’s decision to implement three percent GST on polished diamonds, 18 percent on diamond trading and 0.25 percent on rough diamonds. The
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15 June 2017 Lucerne-based Gübelin has lent jewellery, gemstones and microphotographs to the National Museum Zurich for an exhibition on jewellery and art during 19-22 October 2017. Titled ‘Jewellery: Materials Craft Art’, the exhibition presents jewellery from different perspectives in three areas, namely materials, the social function of jewellery for its wearers, and innovations in J
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14 June 2017 The inaugural Thailand Gems & Jewelry Fair (TGJF) 2017 will commence tomorrow till 18 June at Impact Challenger 2, Muang Thong Thani, Bangkok. According to the Thai Gem and Jewelry Traders Association (TGJTA), show organiser, a total of 1,200 booths will be filled up by 600 exhibitors from 30 countries and regions. An estimate of 30,000 visitors from 125 countries and region
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Chow Tai Fook and Forevermark join hands again to launch the Chow Tai Fook Forevermark Swan Forever Diamond Jewellery Collection and created a keepsake of eternal happiness and love with the elegant shape of swan and precious diamonds. Inspired by the legendary slogan ‘A diamond is forever’, the Chow Tai Fook design team produces light, flowy lines to support the full round Forevermark diamon
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Sotheby’s fine jewels sale in London dated 7 June 2017 achieved £5,171,750 （approximately US$6,578,800）, exceeding high pre-sale expectations of £4,183,200. Featuring a wide selection of contemporary and antique jewellery and decorative accessories, the sale successfully sold 80.1 percent of the lots. A ring set with a 26.29-carat VVS2 cushion-shaped diamond (photo 1) was sold for £656,7
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Rio Tinto has signed a MoU with the State-owned Assets Supervision and Administration Commission (SASAC) of China to develop executive training for Central State-owned Enterprise (Central SOE) leaders. The two parties will work together to develop a programme to share best practice and capacity building in a board range of areas including stakeholder engagement, license to operate, environmental
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The International Institute of Diamond Grading & Research (IIDGR), a De Beers Group company unveiled SYNTHdetect on 6 June 2017. According to IIDGR, it is the first synthetic screening device in the industry to test multiple stones in set jewellery at once without the need for a probe. The company claims it has the industry’s lowest referral rate at around 0.05 percent. Unveiled at the JCK
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Milano-based Pasquale Bruni SpA has won the Best in Haute Couture award of Couture Design Award 2017. The heart-shaped 4th Chakra white gold necklace designed by the Italian jeweller features 4,549 pieces or a total of 47.05 carats of diamonds and a 16.68-carat emerald drop. An energy that is green which gives positivity, force and abundance to the wearer. The precious drop can be worn to enhance
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A highlight event of COUTURE 2017, Couture Design Awards unveiled its winners on 4 June 2017. COUTURE’s director, Gannon Brousseau said: “Tonight is when we celebrate the incredible artists who labour an entire year to create these works of art, and showcase their hearts and souls within their salons.” The Cindy Edelstein Award, newly added since 2016 to honour industry leaders who are commi
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Aaron Shum Jewelry Limited, Hong Kong, has fabricated a diamond Coca-Cola minaudière for Kathrine Baumann Beverly Hills from the United States. The bejeweled accessory will be launched at JCK Las Vegas starting 5 June 2017. With a retail value of US$200,000, the minaudière is handset with 9,683 pieces or 120 carats of micro-pave diamonds in 925 sterling silver and plated with black rhodium. Acc
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The inaugural Thailand Gems and Jewelry Fair (TGJF 2017) is scheduled for 15-18 June at Impact Challenger Hall 2, Muang Thong Thani, Bangkok. The new event held during the Thailand Shopping & Dining Paradise Campaign 2017 positions itself as a summer-time sourcing fair for traders and end-consumers. Don’t miss all travel privileges by online pre-registering to visit the fair at http://www.bc
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K. Mikimoto & Co., Ltd is proud to announce the grand reopening of the seven-floor flagship store in Ginza 4-chome in Tokyo on 1 June 2017. With total floor area of 4,600 square metres, the newly rebuilt flagship store in Ginza 4-chome will represent one of the largest retail spaces in the luxury jewellery industry. Designed by renowned architect Hiroshi Naito, the grand façade’s radiance
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Driven by a firm Chinese rebound with purchasing both at home and overseas as well as increasing customer confidence in Europe, the global personal luxury goods market is expected to grow by two to four percent in 2017, reaching between €254 to 259 billion, said the Bain Luxury Study 2017 Spring Update published by Bain & Company in collaboration with the Italian luxury goods manufacturers�
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The magnificent jewels sale held by Christie’s Hong Kong on 30 May 2017 fetched a total of nearly HK$619 million (US$79.8 million) with Moussaieff’s blue diamond ring being the top lot. Highlighted jewellery from the four Asian designers was all sold for over HK$96 million. The 3.98-carat VVS2 fancy vivid blue diamond ring designed by Moussaieff was sold to Harry Winston (photo 1) above the h
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UK-based Deloitte Touche Tohmatsu Limited recently published the Global Powers of Luxury Goods 2017 report, listing the world’s 100 largest luxury goods companies based on the consolidated sales of luxury goods from June 2015 to June 2016 (FY2015). The report also discusses the key trends shaping the luxury market. Comprising ‘apparel and footwear’, ‘bags and accessories’, ‘cosmetics
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Swiss watch exports in April 2017 return to the downward trend that the industry has experienced over the past two years, with the total value of SFr 1.5 billion, a 5.7-percent decrease compared with the previous year, according to the Federation of the Swiss Watch Industry. “The contraction was less severe than expected,” said the federation. The decline trend remains close to the figure pos
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Gemfields plc has announced that it generated revenues of US$14.5 million from the auction at Jaipur held from 15-18 May 2017, of predominantly commercial quality rough emerald extracted from the Kagem mine in Zambia. No beryl was placed at the auction, the company added. Noting that there was a significant improvement in market demand, Gemfields said that all the 3.1 million carats across 23 lot
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According to the US government data, polished diamond imports dropped three percent to US$1.99 billion in March 2017, and were down 10 percent to 970,953 carats by volume. The average per-carat price of imports rose eight percent to US$2,045, quoted Rapaport. For suppliers, Israel’s exports to the United States rose 13 percent to US$606.4 million, India’s slid three percent to US$673.8 millio
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De Beers Group announced its Auction Sales business will pilot the sale of its own polished diamonds using auctions for the first time on 18 May 2017. The sale will comprise a wide range of polished stones manufactured directly from its rough diamonds. The polished diamonds are available following contract manufacturing of De Beers Auction Sales rough diamond products to assess what range of poli
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The luxury sales of watches, jewellery and wines held by Christie’s Geneva achieved a total of CHF 112,005,520 (US$113,685,603) during 15-17 May 2017. The top lot of the sales was a 92.15-carat flawless, D colour, heart-shaped diamond (photo) sold for CHF 14,767,500, setting a new record of any heart-shaped diamond sold at auction. Other important lots include a Burmese oval-cut ruby of 15.03 c
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Dubbed the most valuable pair of earrings ever sold at auction, ‘The Apollo and Artemis Diamonds’ was sold for CHF 57,118,750 (US$57,425,478) at Sotheby’s magnificent jewels and noble jewels auction on 16 May 2017 in Geneva, Switzerland. The rare earrings consist of ‘The Apollo Blue’, a pear-shaped fancy-vivid IF, type IIb blue diamond weighing 14.54 carats and ‘The Artemis Pink’, a
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De Beers Group announced its rough diamond sales (global sightholder sales and auction sales) for cycle 4, 2017 on 16 May 2017. As at 15 May 2017, provisional sales value stood at US$520 million, compared to the actual sales value in cycle 3, 2017 of US$586 million and in cycle 4, 2016 of US$636 million. Bruce Cleaver, CEO of De Beers Group, said: “We are continuing to see steady demand for rou
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Richemont, the Swiss luxury goods group which owns Cartier and Van Cleef & Arpels (VCA), announced its audited consolidated results in the past fiscal year on 12 May 2017. Revenue from the jewellery category went up seven percent to 4.2 billion euro or US$4.55 billion in the financial year ended 31 March 2017, partly offsetting weakness in watch sales that decreased 15 percent to 4.34 billion
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The Gem & Jewellery Export Promotion Council (GJEPC) has announced that the seventh edition of the India International Jewellery Week (IIJW) will be changed to a B2B event from the previously B2C format. Timed to be held just prior to India International Jewellery Show, this year’s IIJW will be held during 24 – 27 July 2017. “IIJW was conceived and conceptualised in 2010 by GJEPC in its
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Thai Gem and Jewelry Traders Association (TGJTA) and Shanghai Gems & Jade Exchange (CSGJE) teamed up to launch China-Thailand Gemstone Traders Association, or CTGA to boost jewellery trade and exchange between China and Thailand. President of TGJTA, Suttipong Damrongsakul and managing director of CSGJE Fanny Wong signed a Memorandum of Understanding (MoU) on 9 May 2017 during Jewelry Shangha
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Alrosa announced rough and polished diamond sale results for April and the first four months of 2017 on 10 May 2017. Its rough sales for the first four months fell 12.5 percent by value as the Russian miner sold a larger volume of low-value rough than last year. In January-April 2017, the company sold 16.9 million carats of rough and polished diamonds, which is seven percent higher than the sales
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Christie’s Hong Kong has announced its maiden collaboration with four celebrated Asian jewellery designers for the spring jewels auction scheduled for 30 May 2017. A press preview with some of the major lots on models was held on 10 May. The four designers, Adrian Cheng, Cindy Chao, Edmond Chin and Michelle Ong, are internationally-famed for their flair and design, and are established as promin
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Canadian jewellery designer and artist Reena Ahluwalia has donated two original paintings, Portal of Empowerment and Radiate Brilliance to be auctioned at the Jewelers for Children (JFC) Facets of Hope event during the JCK show in Las Vegas. “My paintings are very personal to me and each one is unique creation that has its own personality," said Ahluwalia. "Knowing that the sale of them will b
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Overall gold demand in Q1 2017 was 1,034 tonnes, a fall of 18 percent compared with 1,262 tonnes in Q1 2016, according to the World Gold Council’s latest Gold Demand Trends Report. Global jewellery demand increased by one percent. When explaining the number drop, WGC said: “Inflows into Exchange Traded Funds (ETFs) totalled 109 tonnes which, although solid, were nonetheless a fraction of last
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Global luxury group Kering announced on 25 April 2017 that its first quarter 2017 revenue reached €3,573.5 million with a 31.2-percent rise in consolidated revenue while the luxury categories registered a 34-percent rise led by Gucci. The watches and jewellery houses under the group reported a 13.1-percent rise on a comparable basis. François-Henri Pinault, chairman and chief executive officer
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The Swiss watchmaking industry saw the first monthly rise in March 2017 after 20 consecutive months of decline, reported the Federation of the Swiss Watch Industry FH last week. Strong growth was particularly seen in the markets in China and Hong Kong. Exports of Swiss watches rose 7.5 percent year-on-year to CHF 1.59 billion, with the volume increasing 8.5 percent to 2 million units. According
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The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, announced on 27 April 2017 the launch of a world-first synthetic diamond detection training course to be held in May and June. It is the first in a series of education services to be rolled out during 2017. The two-day lab-based course will be unveiled in India at the IIDGR Facility in Surat on 15 and 1
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Chow Tai Fook Jewellery Group Limited and luxury travel retailer DFS Group signed an agreement on24 April 2017 to introduce a new Chow Tai Fook boutique at T Galleria by DFS, Hawaii in May. Located on Royal Hawaiian Avenue in the heart of Honolulu, the boutique will be the jeweller’s first branded boutique in the country. Covering approximately 970 square feet, the boutique will offer a wide sp
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A merger between the Italian Exhibition Group Spa (IEG) and Arezzo Fiere e Congressi announced in January 2017 has been approved, according to information from IDEX dated 23 April. The business decision has created “a single representative trade show platform for the entire sector Italian gold and jewelry industry”, the information provider said. IEG was created by the merger of Rimini Fiera a
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In response to the fast-growing e-commerce environment, Gübelin will open an e-boutique offering collections from Gübelin Jewellery and several renowned watch brands, making Gübelin the first jeweller in the Swiss luxury segment to sell watches and jewellery online. The e-boutique will offer some a selected range of some 400 watches from 14 top brands including Jaeger-LeCoultre, Roger Dubuis,
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A study on the synthetic gem diamond landscape conducted by Bonas & Co for the Gem and Jewellery Export Promotion Council’s Natural Diamond Monitoring Committee (NDMC) estimates the current peak installed capacity of synthetic diamond manufacturers worldwide to be between 2.3 million to 4.2 million carats a year, equivalent to about two to three percent of total natural diamond supply. The
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LVMH Moët Hennessy Louis Vuitton (LVMH) recorded revenue of 9.9 billion euros for Q1 2017, an increase of 15 percent over the same period in 2016, with the watch and jewellery business achieving a growth of 14 percent. Positive growth was achieved in Asia, Europe and the United States. The high quality products group said it benefited from a favourable comparison base, particularly in Europe whe
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Alrosa announced its rough and polished diamond sales results for March 2017 on 10 April, 2017. Rough diamond sales in the period amounted to US$554.2million. Polished diamond sales for the same period amounted to US$12.4million. Total diamond sales in March 2017 amounted to US$566.6million, one percent higher compared to the same period last year. “In March, we continue to observe stable dem
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The government of Sierra Leone has delayed the schedule for selling a 709.41-carat rough diamond in a bid to give buyers more time to take part, according to a Rapaport’s report. The auction was previously scheduled for 6 April 2017. The government said that the diamond can be viewed at the Bank of Sierra Leone in Freetown until 10 May. Starting 11 May, buyers can make an offer. On the same day
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Sotheby’s Hong Kong important watch spring sale held on 5 April 2017 achieved a total of nearly HK$57,989,999 (US$7,462,733). The top lot Flamingo and Lotus Automaton Clock by Cartier was sold for HK$4,180,000. Set in yellow gold with diamonds and precious and semi-precious gemstones, the Cartier clock is equipped with quartz movement. The 10-petal diamond-set lotus sat on nephrite leaves opens
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Thai government agencies and presidents from gems and jewelry associations across ASEAN joined the Thai Gem and Jewelry Traders Association (TGJTA) on 5 April 2017 to promote the inaugural Thailand Gems & Jewelry Fair, which will be held from 15 to 18 June, 2017 at Impact Challenger 2, Bangkok, Thailand. The event was graced by the presence of overseas guests, including Wang Haijin, executive
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CIBJO, the World Jewellery Confederation announced that its 2017 annual congress will be held during 5-7November, 2017 in Bangkok, Thailand at Shangri-la Bangkok, with pre-congress meetings beginning on November 2. The World Ruby Forum will take place on November 4in conjunction with the congress. The congress will be hosted by the Department of International Trade Promotion (DITP) and the Gem a
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Sotheby’s Hong Kong set a new world auction record for any diamond or jewel when the Pink Star, a 59.60-carat oval mixed-cut fancy vivid pink internally flawless diamond, sold for HK$553 million or US$71.2 million at its Magnificent Jewels and Jadeite Sale on 4 April 2017. The Pink Star was acquired by renowned jeweller Chow Tai Fook (CTF), with the winning telephone bid placed by Henry Cheng K
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In response to the declining exhibitors and visitors, organiser of Baselworld announced that the next edition will be held 22-27 March 2018, reduced by two days to six days. Sylvie Ritter, managing director of the world’s largest watch and jewellery fair, acknowledged that the industries are going through a challenging phase that affects smaller companies in particular. “Listening to our exhi
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A yellow gold diamond starburst ring took the grand prize of the 2017 JCK Jewelers’ Choice Award (JCA), the fourth year in a row that the honour went to a ring. Results of the 10th annual jewellery design competition were announced on 31 March 2017. The 14-karat yellow gold ring with 0.58 carat pavé-set diamonds was from Shy Creation’s Kate collection which won the best ring design (under US
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Evocative of bold Italian glamour and distinctive craftsmanship, World-renowned Italian jeweller Bulgari unveiled its new high jewellery and haute horlogerie collection Magnificent Inspirations in Hong Kong on 31 March 2017 with a private exhibition graced by its new brand ambassador Lottie Moss. The exhibition was distinguished into three separate zones – Eden, Extravaganza and Roman, echoing
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The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, announced on 30 March 2017 that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading Hong Kong and mainland China jewellery retailer. The grading partnership is De Beers Group’s first with a vertically-integrated sightholder. Under the partnership, the IIDGR will
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The Swiss Gemmological Institute (SSEF) released a pearl necklace documenting equipment PearlScan® on 21 March 2017 during Baselworld. According to SSEF, PearlScan® allows the user to count and measure the dimensions of large quantities of pearls on strands efficiently. Comprised of an A4 scanner, computer and proprietary software this tool offers the pearl industry a new way of documenting pear
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According to online news media on.cc, Chinese customs at the Gongbei port of Zhuhai, Guangdong announced on 26 March 2017 that it had solved a diamond smuggling case that involved more than 6,000 diamonds and cracked down on three web shops that allegedly solicited customers and hired Hong Kong and Macau residents including university students in Hong Kong as ‘parallel traders’ to smuggle diam
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Sotheby’s Hong Kong announced this week that The Pink Star, one of the world’s great natural treasures, will lead its sales of magnificent jewels and jadeite in Hong Kong on 4 April 2017. Estimated in excess of US$60 million or HK$468 million, this 59.60-carat oval mixed-cut pink diamond is the largest internally flawless fancy vivid pink diamond that the Gemological Institute of America (GIA)
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De Beers Group announced on 21 March 2017 that it has successfully concluded the purchase of LVMH’s 50 percent shareholding in De Beers Diamond Jewellers to take full ownership of the company. De Beers Diamond Jewellers’ retail network comprises 32 stores in 17 key consumer markets around the world. This includes a growing business in Greater China and with Chinese clients worldwide, an est
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The magnificent jewels and jadeite auction held by Sotheby’s Hong Kong on 4 April 2017 will feature a rare and important Art Deco gem-set and diamond clock by Cartier, a unique pair of ruby and diamond bangles by Bhagat, and a rare gem-set and diamond pendant necklace by Mauboussin. Quek Chin Yeow, deputy chairman of Sotheby’s Asia and Chairman of International Jewellery, Asia, said, “We ar
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Renowned Hong Kong brand Coronet® of Aaron Shum Jewelry Ltd will unveil their partnership with award-winning Canadian jewellery designer and painter, Reena Ahluwalia, by launching ‘Coronet By Reena Ahluwalia’ line at Baselworld 2017. Named Inner Brilliance, the new diamond jewellery collection captures the essence of the patented Coronet® setting that ensembles seven round brilliants with a
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The Thai Gem and Jewelry Traders Association (TGJTA) led a delegation to participate in a roadshow to Hong Kong on March 3, 2017 and to Guangzhou on March 5, 2017 to strengthen relationship with the media and overseas alliances. During the roadshow in Hong Kong,the delegation held a series of meetings with overseas partners, including the Hong Kong Jewellery & Jade Manufacturers Association (
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The Gem & Jewellery Export Promotion Council (GJEPC)announced that the Mines to Market 2017 conference will be held on March 18 and 19, 2017 at Hotel Grand Hyatt, Mumbai. Mining ministers of major rough diamond producing countries, including South Africa, Central Africa, Zimbabwe and Namibia, will be attending the conference. Commenting on theevent, chairman of GJEPC Praveenshankar Pandya sa
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Swiss watchmaker Longines has recently launched Conquest VHP quartz watch collection featuring an in-built system that resynchronises the hands after exposure to a shock or a magnetic field which marks a milestone for quartz technology. The new watches are equipped with a movement developed by the ETA manufacturing company exclusively for Longines. This movement is renowned for its high degree of
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In anticipation of the Hong Kong Spring auctions, Christie’s Hong Kong Jewellery department announced two exceptional pieces as early highlights – the Palmette necklace and the Jonker V diamond. The famed jewels are world renowned for their rarity, craftsmanship and historical significance. The auction house said that it will stimulate passionate bidding from collectors around the world. The
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Hong Kong-based International Jewellery Designer Association Limited (IJDA) and International Association of Jewellery Merchandize Planning Professional Limited (IAJMPP) signed a memorandum of understanding for the purpose of collaboration strategy on 3 March 2017. Areas of collaboration listed in the MOU include development of professional training courses in jewellery design, innovation, market
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The just-concluded fourth Hong Kong International Diamond, Gem & Pearl Show and the 34th Hong Kong International Jewellery Show organized by the Hong Kong Trade Development Council (TDC) attracted over 85,000 buyers from 144 countries and regions, a six-percent up over last year. TDC deputy executive director Benjamin Chau said the shows witnessed a remarkable growth in the number of visitors
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The inaugural ‘2017 International Design Competition on Trendy Fei Cui Jewellery’ and ‘Hong Kong Students Design Competition on Fei Cui Jewellery’ kicked off at a launch ceremony on 4 March 2017 during the HKTDC Hong Kong International Jewellery Show. The two contests are now inviting entries till 1 June 2017. The 2017 International Design Competition on Trendy Fei Cui Jewellery is consid
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The sixth JNA Awards now accepts entries till 5 May 2017. There are 11 categories for this edition, including the Lifetime Achievement Award which is nominated by the organiser. “Since the Awards is gaining wider recognition and higher participation rate, the organiser said more interviews or site visits will be conducted as part of the judging process,” said organiser JNA. Award categor
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This week marks the opening of the important twin fairs organised by the Hong Kong Trade Development Council (HKTDC) -- the 4th Hong Kong International Diamond, Gem and Pearl Show from 28 February till 4 March 2017 at the AsiaWorld-Expo and the 34th Hong Kong International Jewellery Show from 2 to 6 March at HKCEC. A total of 4,480 exhibitors from 53 countries and regions will be showcasing their
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Organised by the Hong Kong Trade Development Council, Hong Kong Jewellers’ and Goldsmiths’ Association, Hong Kong Jewellery & Jade Manufacturers Association, Hong Kong Jewelry Manufacturers’ Association and Diamond Federation of Hong Kong, China, the 18th Hong Kong Jewellery Design Competition requires contestants to design jewellery based on the theme ‘Follow Your Heart’. A total of
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Hong Kong-based Tayma Fine Jewellery will be launching Gemalista at HKTDC Hong Kong International Diamond, Gem & Pearl Show at AsiaWorld-Expo during 28 February - 4 March 2017. Gemalista is the private collection of exotic gemstones the owner and creative director Tayma Page Allies collected over the last 26 years from exclusive dealers and mines all over the world. Her collection comprises a
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The Bangkok Gems & Jewelry Fair (BGJF) organised by the Department of International Trade Promotion (DITP) under the Ministry of Commerce of Thailand will be staging its 59th edition from 22 to 26 February 2017 at the Impact Exhibition Centre, Bangkok. Dubbed as the world’s top five gems and jewellery fairs, BGJF will bring together leading gemstones and jewellery producers and buyers from
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Preciosa Crystal Components, manufacturer and global supplier of premium Bohemian crystals, announced the launch of collaboration with Vanaxin, a new retail brand owned by Silver Artist, on a new jewellery line that will feature Preciosa’s premium MC Chaton Maxima and cubic zirconia in gold and silver. Designed for younger customers, this ‘introductory’ line includes a selection of delicate
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Tse Sui Lun (TSL) recorded a low single-digit growth in same-store sales during the Chinese New Year period. Chairman & CEO of the group Annie Yau attributed the growth to the improved retail environment in Hong Kong, the drop in rental of some shops, and the several sales-driven initiatives launched during the CNY. The group’s deputy chairman, CSO & CFO Estella Ng told Mingpao that ren
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The International Institute of Diamond Grading & Research (IIDGR) under the DeBeers Group of Companies partnered with Sook Kee Group from Singapore as its first retail partner in Asia. Soo Kee Group will offer bespoke IIDGR grading reports through its bridal specialist brand, Love & Co., for the proprietary Lovemarque diamond collection. Upon assessment, each Lovemarque diamond will be p
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London-based brand evaluation company Brand Finance has recently published the list of the world’s 500 most valuable brands of 2017. In the watch and jewellery sector, Rolex claimed the first position. Up from 2016’s 232nd place, Rolex ranked 216th in 2017. Right after the Swiss brand in the same sector is Cartier which was down from the 161st place in 2016 to this year’s 224. Tiffany &
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Behind every magnificent love story lies a journey. Forevermark has partnered with world renowned London-based illustrator Michalis Christodoulou to create a suite of visuals which will be prominently on display for the Valentine’s Day campaign. Christodoulou has previously worked with numerous international fashion brands and his illustrations capture a nostalgic romanticism as well as being t
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Gold demand recorded a two-percent growth in 2016 to 4,308.7 tonnes, said a World Gold Council (WGC) report published on 3 February. The figure reflects a 3-year high. After 2009, the year also marked the second highest on record for exchange traded fund (ETFs) at 531.9 tonnes. The reports says jewellery demand for gold saw a seven-year low at 2,041.6 tonnes, falling 15 percent year-on-year. “�
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For the full year of 2016, the Fancy Color Diamond Index™ (FCDI) rose by 0.4 percent, driven by price increases for blue and pink diamonds of 5.5 percent and 1.4 percent respectively, and offset by a four-percent decline in prices of yellow diamonds, based on the wholesale pricing data collected by the Fancy Color Research Foundation (FCRF). According to FCRF, on average, prices for fancy-colou
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In late January Pandora announced that it had signed a letter of intent with Pan India Charms & Jewellery Private Limited about distribution of its jewellery in India. The distributor, Pandora’s first in India, will have exclusive pan India rights. Pandora said that it plans to establish branded sales distribution focusing on concept stores and shop-in-shops, initially in Delhi, Mumbai and
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Fuchsia Inspirations, the modern and contemporary jewellery design contest organised by Jewelry Virtual Fair (JVF) which is the first social network dedicated to the jewellery industry, announced the results from 30 finalists on 22 January 2017 in Vicenza, Italy. Participants were mainly from Brazil, Germany, Greece, Italy, Poland, Russia, Saudi Arabia, Spain and Turkey including young designers
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Italian high jeweller brand Buccellati joined Giambattista Valli’s presentation of 2017 spring/summer couture on 23 January 2017 at the French Archives in Paris, making it the second collaboration between the two brands. The stylistic constructions of Giambattista Valli were emphasised by Buccellati’s one-of-a-kind pendants and brooches, cocktail earrings with pearls and diamonds, and cuff br
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An e-commerce seminar was held on 17 January in Israel discussing on issues including marketing channels, optimal ways to present diamonds, reliability, legal aspects, etc. Diamond industry leaders in the country have expressed their views on the keys to success in online sales. The seminar was held at the Israel Precious Stones and Diamonds Exchange. IDE president Yoram Dvash, IDI chairman Shmue
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Organised by Italian Exhibition Group S.p.A. (IEG), the trade show company founded on 1st November by a merger between Rimini Fiera and Fiera di Vicenza, VICENZAORO January,running 20 to 25 January 2017, opens today. Featuring 1,500 brands from 36 different countries and Italy in nine exhibition halls with a total area of 29,000 square meters, the show opens the international trade show calendar
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Speaking at a reception for customers of its Global Sightholder Sales business on 17 January 2017, Bruce Cleaver, De Beers Group CEO highlighted the importance of all parts of the diamond sector working together, following the unpredictable events of a volatile year in 2016. Commenting on the value of different parts of the diamond pipeline finding ways to work together more effectively, Cleaver
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German silver jewellery brand Thomas Sabo has just launched its SS 2017 collections paying tribute to the exotic colours and tribal graphics of Africa. Featuring an avant-garde layering technique, the Africa collection gives a boost to the glamour of pendants, earrings, necklaces and rings thanks to the openwork design and a combination of different gemstones including tiger’s eye, mother-of-pe
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Alrosa has recently announced the results of the estimation in accordance with the JORC code conducted by independent expert Micon, saying Alrosa’s resources totalled 1.03 billion carats of diamonds, while its reserves amounted to 653 million carats. This estimation remains unchanged in comparison with Micon's previous report. In early January, the diamond producer published its rough and polis
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Forevermark diamonds lit up the red carpet at the 74th Annual Golden Globe Awards. Striking diamond statement pieces in the form of unique earrings, bold necklaces and piled-on rings were top choices for Hollywood’s leading ladies. The diamond jewellery pieces include: Black Label cushion diamond stud earrings and ring, and five-stone diamond band worn by Brie Larson Diamond choker, H J N
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Jointly organised by the World Gold Council,JNA and CJNAof UBM Asia and the People's Government of Yantian District, Shenzhen with the support of the Culture, Sports and Tourism Administration of Shenzhen Municipality and exclusive sponsor — Shenzhen Batar Investment Holding Group Limited, Xifu International Gold Wedding Jewellery Design Competition 2017 launched a press conference on 1 January
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The Design Council of Hong Kong (DCHK) under the Federation of Hong Kong Industries held the Hong Kong D-Mark presentation ceremony at the Regal Hotel on 10 January 2017. Among the awarded companies, three are from the jewellery industry. Aimed at giving public recognition to companies that embrace design and adopt design thinking in their operations with a view of creating value, D-Mark, dubbing
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The Indian Commodity Exchange (ICEX) is set to launch trading of diamond futures with a view to helping the industry hedge against wild fluctuations in polished diamond prices. Investors will buy diamond futures on ICEX in a format similar to commodities exchanges such as Comex, Nymex and the London Metal Exchange. They will be able to choose from three different monthly contracts for diamonds we
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The Gemological Institute of America (GIA) is inviting qualified candidates to apply for Richard T Liddicoat Postdoctoral Research Fellowships at their Carlsbad, California and New York campuses. The one-to-two year fellowships encourage early career scientists to pursue full-time academic research in mineralogy, geology, physics, materials science and other fields related to gemmology – the st
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Scheduled for 13-16 February 2017, the sixth International Diamond Week in Israel (IDWI) has received record registration rate, said organiser Israel Diamond Exchange (IDE) yesterday. The number of registered buyers is expected to exceed previous attendance records by several hundreds, IDE expects. Haim Volner, chairman of the IDWI organising committee, said that registered buyers are from over 2
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Polished diamond price index saw a small decrease from 122.4 at the beginning of December 2016 to 121.0 at month’s end, according to online diamond platform IDEX. The decline followed an increase in November. IDEX said rough diamond trading was subdued in December with De Beers’ sales cycle results being lower than the month before. With the Chinese New Year approaching and Valentine’s Day
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Christie’s announced that it has appointed Guillaume Cerutti as CEO, effective 1 January 2017. Guillaume Cerutti succeeds Patricia Barbizet, who has been in the position for two years and now will take on the role of vice chairman of the board and also will stay on as CEO of Artemis, the investment company founded by Christie’s owner François Pinault, who is also the honorary chairman of Ker
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According to Reuters, on 23 December 2016 Italian private equity firm Clessidra said it has agreed to sell an 85-percent stake in Italian jeweller Buccellati to Chinese conglomerate Gangtai Group. The Buccellati family will retain a 15-percent stake. The acquisition gave Buccellati an enterprise value of 270 million euros (US$282 million) or 6.6 times its revenues. The source said Clessidra had
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The recovery of global trade environment will benefit Hong Kong’s exports of jewellery and timepieces in 2017, said the Hong Kong Trade Development Council (HKTDC) in ‘Hong Kong’s Export Outlook for 2017: A Partial Promise’ released on 14 December 2016. Regarding Hong Kong’s exports of timepieces in 2017, HKTDC said: “Hong Kong exporters are cautiously optimistic about the overall sal
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Gemfields’ auction of Mozambican rough ruby held in Singapore from 12 to 16 December 2016 generated total revenues of US$30.4 million, making it the fourth highest of ruby auctions to date, according the company. The rough sold was extracted by Montepuez Ruby Mining Limitada (which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada) from the Montepuez ruby deposit in Mozambique
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Chow Tai Fook Jewellery Group Limited (CTF) has recently won several awards in innovation, technology and management at 2016 Hong Kong Awards for Industries (HKAI) and Asia Pacific ICT Alliance Awards 2016 (APICTA Awards). The jeweller was granted the grand award in the category of ‘Productivity and Quality’ for two entries, namely the ‘Automated Logistics and Distribution Centre’ (the Ce
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Corum’s Bubble line, amazed the world of watchmaking when launched in 2000. At the end of 2016, the watchmaker launches Bubble Pirate and Bubble Red Skull as the finale products, adopting skull as the key pattern on the dial, and using red as the main colour tone. Accompanied with the eye-catching red straps, the two new creations continue to implement the bold and full of fun style of the Bubbl
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Koin International Diamond Tenders will hold its first polished diamond tender during the International Diamond Week in Israel (IDWI), from 13-16 February 2017, in cooperation with the new International Tender Center at the Israeli bourse. Koin International specialises in tenders of rough and polished diamonds. Adam Schulman, CEO of Koin International said: “We are delighted to expand our roug
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The Thai Gem and Jewelry Traders Association (TGJTA) announced on 15 December 2016 that the inaugural Thailand Gems & Jewelry Fair 2017 will take place between 15 – 18 June, 2017 at Challenger 1, IMPACT, Muang Thong Thani, Bangkok, Thailand. Suttipong Damrongsakul, president of TGJTA said: “We are certain to see a bigger and better fair than our previous editions this coming June. The fee
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The De Beers Group of Companies announced the value of rough diamond sales (global sightholder sales and auction sales) for the tenth sales cycle of 2016 on 13 December 2016. Provisional sales value of cycle 10 of 2016 stood at US$418 million, compared to the actual sales value of the last cycle at US$476 million and the actual sales value of cycle 10 of 2015 at US$248 million. Bruce Cleaver, CE
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Colour trendsetting authority Pantone has recently selected Greenery (PANTONE 15-0343), a fresh and zesty yellow-green shade, as the Color of the Year for 2017. “Greenery bursts forth in 2017 to provide us with the reassurance we yearn for amid a tumultuous social and political environment. Satisfying our growing desire to rejuvenate and revitalize, Greenery symbolizes the reconnection we seek
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World Federation of Diamond Bourses (WFDB) announced that the dates have been set for the 2017 Presidents Meeting, the biennial gathering of the WFDB and the International Diamond Manufacturers Association (IDMA). It will take place in Mumbai from February 5 to 8, 2017. The Presidents Meeting will be the first event to celebrate the 70thanniversary of the WFDB with a variety of celebrations and ev
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Alrosa has planned to increase its diamond production by 5 percent in 2017 to 38.85 million carats, according to a report by Russian news agency TASS. The news came from the diamond miner’s president Andrey Zharkov (photo) during a television interview on 30 November 2016. “The plans that we form today for 2017 envisage an approximately 5% increase in mining, if we are talking about the ALROS
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Forevermark launched the Endlea collection on 1 December 2016 in Hong Kong, Macau, mainland China, Singapore, Malaysia and Taiwan. The new collection features the ‘forever’ symbol inspired by a ribbon bow. In Chinese culture, according to the diamond brand, flowing ribbons are used in folk dances, the floating curves intimated longevity, blissfulness and the cycle of life. To commemorate the
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Sotheby’s Hong Kong fine timepieces mid-season sale concluded on 28 November 2016, totaling HK$11 million (US$1.41 million). Of all 151 lots offered, a total of 111 lots were sold, achieving 74 percent sold by lot and nearly 80 percent sold by value. Jessie Kang, head of watches, Sotheby’s Asia, commented on the auction: “We were delighted to see enthusiastic participation from 31 different
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Tiancheng International’s jewellery and jadeite autumn sale will be held on 4 December 2016. Over 270 lots of jewellery and jadeite pieces totalling about HK$200 million (US$26 million) will be presented. A press preview session was held on 25 November during which selected pieces were worn by a model. Stewart Young, director of jewellery department, said: “Following last season’s success o
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Dubai International Jewellery Week (DIJW) will be held from 7 – 10 December 2016 in Dubai World Trade Centre to showcase jewellery products of more than 300 exhibitors hailing from over 30 countries and regions. The four-day show is dedicated to high-end diamond, gold, pearl and platinum jewellery, extravagant timepieces, collector’s items, objects of art, bridal collections, etc. Alongside
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Sotheby’s New York will hold a two-session magnificent jewels sale on 8 December 2016, including the collection of Marjorie S Fisher, Palm Beach. The first session features Fisher’s collection which covers over 150 years of jewellery history, leading by an 18.04-carat D colour marquise-shaped diamond ring, with other important pieces by Van Cleef & Arpels (VCA), Tiffany & Co and JAR.
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Mayayuen Jewellery, Hong Kong, made an official launch of its first men’s collection Delta Menswear Collection at an event co-hosted by personal tailor Cuffs on 17 November 2016. The new collection features two silver signet rings, ‘ID’ and ‘Star’. For the ‘ID’ line, a customised personal initial can be made on request for customers. The signet rings are available in black rhodium o
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As the second trade show of jewellery made in Italy organised by Arezzo Fiere e Congressi, the fourth edition of Gold/Italy ended in 24 October 2016 in line with expectations and registered 7,500 visitors, an increase of eight percent over the previous year, a very significant figure in view of the delicate moment going through the export gold and especially important markets such as the UAE and N
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Mikimoto presents a new collection, Day & Night, inspired by the sunlight and moonlight reflected on the peaceful ocean, to experience the graceful and harmony moment brought by the nature. Breaking dawn is the best start-up of a day. Mikimoto’s designers use golden South Sea pearls as a metaphor for the brilliant reflection on sea. Luster of the pearls is mirrored on the water-wave to rein
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The Kimberly Process (KP) chair Ahmed Bin Sulayem opened the KP Plenary meeting in Dubai on 13 November 2016. Over 80 governments and industry organisations have joined the meeting. The first day of the meeting mainly discussed about how to provide a fair value for diamonds from Africa. “Over the past decade, the Kimberley Process has played a landmark role in establishing a safe environment an
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Analysis of wholesale pricing data, conducted by the Fancy Color Research Foundation (FCRF), reveals that fancy coloured diamond prices continued to climb moderately in Q3 2016, at a rate similar to Q2. For over a year, transactional data testifies to two opposite pricing trends in fancy coloured diamonds: consistent demand-driven price increases for pink and more notably blue diamonds, partially
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American online jeweller Blue Nile announced on 7 November 2016 that it has entered into a definitive agreement to be acquired by an investor group comprised of funds managed by Bain Capital Private Equity and Bow Street LLC. According to Blue Nile’s press release, the terms of the all-cash deal will provide substantial value to its stockholders. All outstanding shares of Blue Nile common stock
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Kimberly Process (KP) chair Ahmed Bin Sulayem has recently paid a visit to Mozambique to strengthen KP’s mandate and to engage in dialogue with African countries on the rough diamond trade. During his visit, Bin Sulayem met with Mozambique’s top government officials including President Filipe Nyusi and Prime Minister Carlos Agostinho do Rosário, according to an Idexonline report. "Mozambiqu
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Italian trade show organiser Rimini Fiera Spa and Fiera di Vicenza Spa (FdV) have announced the successful completion of their merger agreement, with the official founding of the new company Italian Exhibition Group Spa (IEG). Following talks over the last few months and the approval of the respective shareholder meetings, the two companies have united forces to become one single corporate entity
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Graff Diamonds unveiled the largest heart-shaped diamond in the world, which is a D-colour, flawless, type IIa diamond weighing 118.78 carats. The diamond was named The Graff Venus in celebration of the Roman goddess of love. It took Graff’s craftsmen over 18 months to analyse, cut and polish the diamond from a 357-carat rough discovered at the Letseng mine in Lesotho. Chairman of Graff Diamo
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Nirav Modi, India, has recently launched its first international flagship store at 1881 Heritage in Hong Kong. A celebration ceremony held on 26 October 2016 was officiated by brand owner Nirav Modi, Chinese actress Zhang Ziyi and Korean artist Rain. “We are glad to establish an international flagship boutique in Hong Kong, the epicentre of Asia. It has been a pleasure to witness this enthralli
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The China International Gold, Jewellery & Gem Fair – Shanghai will be held from 18 - 21 November 2016 at the Shanghai World Expo Exhibition & Convention Centre. Now on its 12th edition, the Shanghai Fair will host over 300 exhibitors from 17 countries and regions, including Australia, Canada, mainland China, Germany, India, Korea, Latvia, Lithuania, Myanmar, Poland, Russia, Sri Lanka, T
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As a leading manufacturer of high-quality machine-cut crystal accessories and jewellery gemstones, Czech crystal expert Preciosa launched its new collection - Create Inspirations Spring/Summer 2017 in September and October this year in Yiwu and Shanghai, China. Themed ‘Choose Your Moment’, the new collection invites people to step back from everyday life, explore the meaning of the journey and
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The 33rd term (2016-18) council of management of the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) was announced on 24 October 2016. Ken Lo of Eternity Manufacturing Ltd succeeds Benedict Sin of Myer Jewelry Mfr Ltd as chairman. The appointments take immediate effect till the announcement of the next term (2018-20). Major appointments of the new term are as follows:
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Anglo American, which owns 85 percent of DeBeers, published an update of its production performance in the third quarter of 2016 on 26 October 2016. DeBeers’ diamond production for the third quarter of 2016 increased by four percent to 6.3 million carats compared with the third quarter of 2015 when production was reduced in response to prevailing trading conditions. Full year production guidanc
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Swiss watches experienced the 15th month of falling exports in September 2016, with the total value of SFr 1.7 billion, a 5.7-percent drop over last year, according to a recent release of the Federation of the Swiss Watch Industry. Watches in ‘precious materials’ posted a drop of 14.9 percent, while the ‘other metals’ category experienced a sharp downturn of 21.5 percent. Wristwatches in
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Pandora announced that it has launched on Tmall.com, a major shopping website in China. This is the brand’s first online presence in China, which will be followed by the launch of their own eSTORE in December, 2016. In connection with the launch, Kenneth Madsen, president, Pandora Asia Pacific, said: "The launch of Pandora jewellery on Tmall.com is another important step in establishing the Pan
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Tiffany & Co has recently celebrated the 130th year of ‘Tiffany® Setting’ with media press, celebrities and the public at an exhibition in Hong Kong. The ‘130th Anniversary of the Tiffany® Setting’ exhibition was launched at Landmark in Central during 10-16 October 2016. Divided in four sections under unique themes namely Legacy, Craftsmanship, Glamour and Love, the exhibition broug
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The centrepiece of Sotheby’s November auction of Magnificent Jewels and Noble Jewels in Geneva will be an outstanding and rare fancy vivid blue diamond ring by Cartier. Weighing 8.01 carats, this stone has been named ‘The Sky Blue Diamond’, emphasising its highly sought-after hue. The gem will be offered on 16 November 2016 with a pre-sale estimate of US$15-25 million. Describing the diamon
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LVMH Moët HennessyLouis Vuitton (LVMH)announced its 2016 Q3 revenue on 10 October 2016. The group recorded a four-percent increase in revenue, reaching €26.3 billion, for the first nine months of 2016. Organic revenue grew five percent compared to the same period in 2015. The watches & jewellery business group recorded organic revenue growth of four percent for the first nine months. Bvlga
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The American Gem Trade Association (AGTA) and the Jewelers of America (JA) have recently brought a US delegation representing the gemstone and jewellery industry to visiting Myanmar to re-establish direct lines of commerce between the two countries, according to AGTA. Led by AGTA president Jeffrey Bilgore, CEO Douglas Hucker, JA president & CEO David J Bonaparte and Dr Jim Shigley of the Gemo
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Alrosa, the Russia-based diamond mining company, announced rough and polished diamond sales results for September 2016 on 6 October 2016. Its monthly rough sales amounted to US$435.1 million, and polished sales over the same period totaled US$18.9 million. “As expected, we saw good demand in almost all categories of rough diamonds. Sales were significantly over our September 2015 figures,” sa
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Important Jewels of Poly Autumn Auctions 2016 was held on 3 October fetching a total of over HK$200 million. A set of two D-colour, flawless brilliant cut type IIA diamonds of 30.19 carats and 30.53 carats realised HK$8.26 million (photo 1). Other important lots included a rare ‘Imperial Green’ jadeite and diamond necklace and matching earrings sold for HK$2.64 million (photo 2), a set of 146.
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The De Beers Group of Companies announced the value of rough diamond sales (global sightholder sales and auction sales) for the eighth sales cycle on 4 October 2016. Eighth cycle provisional sales value was US$485 million, compared to actual sales value of US$639 million in the previous cycle. Bruce Cleaver, CEO of De Beers Group, said: “Demand for De Beers’ rough diamonds in cycle 8 continue
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Danish jeweller Max Danger has won the Goldsmiths’ Fair 2016 Best New Design Award for his Honey Bee Cluster ring (photo) set in gold, black rhodium with natural yellow diamonds. “I’m absolutely thrilled. There are so many great designers here and Goldsmiths’ Fair is an amazing experience without shadow of a doubt. Winning the Best New Design Award is like the cherry on top,” said the L
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Sotheby’s Hong Kong Magnificent Jewels and Jadeite Autumn Sale 2016 will take place on 4 October. The sale will bring to the market an extraordinary selection of signed vintage jewellery and iconic designs by renowned brands including Harry Winston, Bulgari, Cartier and Van Cleef & Arpels, highlighted by the cover lot of the auction – an important emerald and diamond demi-parure by Bulgari
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FF Group, a global fashion accessories business that owns brands including Folli Follie and Links of London announced that its revenue for H1 2016 reached €652.7 million, a rise of 9.8 percent compared to the same period last year. Improved performance on all business segments of the group resulted in an increase in operating profits to €131.5 million compared to €113.2 million in the same
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Colour expert Pantone has selected 10 influential fashion colours for spring 2017 during the New York Fashion Week of late. “One of the things that we saw this year, was a renewed sense of imagination in which color was appearing in context that was different than the traditional," said Leatrice Eiseman, executive director of Pantone on a statement last Friday. “Reminiscent of the hues that s
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The De Beers Group of Companies announced on 14 September 2016 that its International Institute of Diamond Grading & Research (IIDGR) has extended its grading service to Greater China. IIDGR has launched its grading service in the Far East, Middle East, India and Europe since February. IIDGR will now provide a grading service from each of its independent laboratories in Belgium, India and the
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De Beers released its ‘Diamond Insight Report’ for 2016 on 15 September 2016 to offer an outlook of 2016 for the diamond industry, to analyse the entire diamond industry value chain and the needs of millennials and the future of diamonds. The report lists nine fundamental trends of the industry: The first is economic volatility. Due to volatile global economic growth, businesses become more
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Recipients of the fifth JNA Awards were announced at the InterContinental Hong Kong on 14 September 2016. Shouzui Yasui, CEO of Yasui & Co, was the recipient of the Lifetime Achievement Award. “Yasui is a name that has long been associated with casting solutions for the jewellery industry. Yasui’s casting solutions, starting from the wax injector, were seen as pivotal in the mass producti
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London-based Gemfields plc announced the launch of the Gemfields Masterclass on ruby on 15 September 2016 during the on-going September Hong Kong Jewellery & Gem Fair in Wanchai. Available in basic, fundamental and advanced levels, the Masterclass covers the formation, origin, history, qualities, treatments, classification, markets, manufacturing hubs, laboratories, and offers hands-on experi
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Preciosa Crystal Components, the world renowned Czech crystal expert, has collaborated with four brands from China, namely Italina, Neoglory, Melissa and Silver Artist, and launched four unique accessory collections after its previous collaborations with well-known global brands. The four brands widely utilised Preciosa’s premium lead-free Maxima collection and fancy stones. The accessory collec
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The Tahitian Pearl Association Hong Kong (TPAHK) has been exerting considerable influence on the promotion of Tahitian pearls in Greater China since 2007. This year the association has sponsored a number of design contests and industry events to further boost the awareness of the black pearl while encouraging sustainable business practices in the region. Among the various initiatives is the prize
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The polished diamond price index saw a slight decline from 124.8 in early August to 123.5 by the end of the month, IDEX reported. The average price drop in August 2016 marked a 6.3-percent year-on-year decrease, and a 0.8-percent month-to-month decline over July 2016. Polished diamond prices have shown stability and only minimal fluctuations since November. There was a slight increase between May
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With eight weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26 2016, the second of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Cecilia Gardner, the report reviews the World Jewellery Confederation’s efforts over the past year to promote corporate social responsibility and economic and environm
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Organised by Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades and Industries Ltd, the 35th HKTDC Hong Kong Watch & Clock Fair will be held from 6 to 10 September 2016 at Hong Kong Convention and Exhibition Centre (HKCEC). A press conference was held on 30 August sharing fair highlights and announcing winners
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Organised by the Department of International Trade Promotion (DITP) under the Thai government, the 58th Bangkok Gems and Jewelry Fair is expected to welcome about 800 exhibiting companies and attract about 30,000 visitors worldwide during 7 to 9 September 2016 at Impact Challenger, Bangkok. With the aim to strengthen Thailand’s position as a regional jewellery hub, the organiser has introduced
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Signet Jewelers Limited plans to trial its in-house diamond tracking technology for customers, after allegations of diamond replace reported in May 2016, according to a Rapaport report. The device will be tested from November 2016 to January 2017 at Kay Jewelers stores, the report said. In a call with analysts following Signet’s Q2 results announcement on 25 August, the company’s CEO Mark Lig
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The leading B2B trade show organiser in the United States, Emerald Expositions announced the launch of Jewellery Box, the industry’s first curated trade show for high-quality, on-trend jewellery at affordable entry-level on 18 August 2016. Launching during Las Vegas Jewelry Market Week in June 2017, Jewellery Box responds to a growing need, reflected by high consumer demand for broader product
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Forevermark, De Beers Group’s diamond jewellery brand, has announced its expansion in Singapore by partnering with local retailer Citigems who started carrying jewellery set with Forevermark diamonds in June 2016. “We are pleased to offer Forevermark diamonds to Singapore consumers partnering with Citigems, an experienced retailer with a strong presence in the country. We are also thrilled to
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The Gem and Jewelry Institute of Thailand (GIT) will offer three free knowledge seminars during the 58th Bangkok Gems & Jewelry Fair, which will be held from 7 to 11 September 2016 at Impact Challenger. The three seminars include: ‘The Importance of the Nickel Release Testing to Jewellery Exporting’, given by Jakraphan Suwanvijit, chief of precious metal testing department of GIT; ‘Fr
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To further understand the development of the Macau jewellery industry, Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) hosted a mission to Macau on 19 August 2016 and visited the Macao Trade and Investment Promotion Institute, Macao Economic Services and the gold testing centre of Macau Goldsmith’s Guild in the company of representatives from the Guild. During the mission m
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Renowned diamond and jewellery supplier Gitanjali Gems, India, plans to expand its retail network in its home country and all around the globe. “The company is going in for diamond jewellery retailing all over the world and also for more profitable items,” said Mehul Choksi, managing director. According to an Idex report, the company plans to add 50 more stores in the United States, to expan
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According to data released by the Fancy Color Research Foundation (FCRF), fancy coloured diamond prices edged up by 0.4 percent in the second quarter (Q2) of 2016, after a relatively soft first quarter. Blue and pink fancy coloured diamonds drove the price growth showing a 1.1-percent and 0.7-percent increase respectively in Q2, and offset continued price declines for lower-cost, commercial fancy
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Mikomoto presents the Splash collection for autumn 2016. This collection is inspired by the concept of earth as an energetic, vivacious planet and it pays tribute to the importance of water as an essential element for every living creature. Based on the motif of water splashing, the collection uses akoya pearls of different sizes to represent the volume of water drops during the transformation
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Gold demand in India is expected to go up in Q2 2016 after a weak Q1 thanks to the festival season of Dhanteras and Diwali, according to the World Gold Council (WGC). In Q1 2016 India’s gold demand slashed nearly 30 percent at 247 tonnes when compared with 352 tonnes in the same period last year. Gold demand in Q2 2015 was 513 tonnes. “We expect the second half to be good this year. The mons
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The 16th Cooperate Tahiti Auction (Rikitea Auction) was held between 24 and 26 July 2016 in Tahiti, French Polynesia. The results were 42.7 percent higher than expectation. A total of 350,621 Tahitian pearls in a wide variety of colours, shapes and sizes were under auction. Over 96 percent or 338,373 pieces were sold for a total of 3,481,317 euros. The sale drew more than 40 quality buyers from J
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Hong Kong-based amber jewellery expert Amberozia celebrated the grand opening of its third retail outlet in the city on 10 August 2016. The new sales point is located on the second floor of Aeon Style Kornhill, a newly-renovated department store in island east. Consul-General of Poland in Hong KongMirosław Adamczyk and owners of Amberozia Nancy Chui and Alicia Kelly officiated the ribbon-cutting
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Pandora announced that group revenue in Q2 2016 reached DKK4,327 million with an increase of 20 percent compared to the same period last year and an increase of 25 percent in local currency. Compared to Q2 2015, Pandora’s revenue grew by five percent in Americas (10 percent in local currency), twenty eight percent in Europe, the Middle East and Africa (32 percent in local currency) and 43 perce
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Penang Gold Signature Fair (PSG) 2016, co-organised by Elite Expo Sdn Bhd and P W Gold & Silver Ornament Merchants Association, will be held from 10 to 12 August at Penang Straits Quay Convention Centre, Penang, Malaysia. Positioned as the first-ever international gold-focus trade show in the Southeast Asian region, PSG aims to promote Malaysia’s gold craftsmanship while magnifying the coun
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From 18 to 30 August 2016, Sotheby’s will hold an online sale of 32 pieces of jewellery designed by the late Tony Duquette (1914-1999). Encompassed theatrical costume, interiors and jewellery, Duquette’s designs were distinguished by the unexpected combinations of vivid colours and the daring volume. His impressive list of private clients included the Duchess of Windsor, Elizabeth Arden, Gret
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The Gem & Jewellery Export Promotion Council (GJEPC) signed three important Memorandums of Understanding (MoUs) with De Beers, the Guangzhou Diamond Exchange (GZDE) and the Guangdong Gems and Jade Exchange (GDGJE) respectively at the inauguration of the 33rd India International Jewellery Show (IIJS) on 4 August 2016. The MoU between GJEPC and De Beers said that the two parties will undertake
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Rio Tinto has launched its Australian Diamonds™ programme in China, to lend further market support to its Argyle diamonds and in response to the growing consumer and trade interest in diamond provenance. Bruno Sane, general manager of marketing for Rio Tinto Diamonds said: “Increasingly the value of a diamond is tied to where and how the diamond was mined, how it was cut and polished and the
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The American Gem Trade Association (AGTA) announced the winners of the AGTA Spectrum Awards™ on 25 July 2016. The Best of Show award went to a suite of round brilliant Russian demontoid garnets weighing 24.67 carats. The judges for the competition were Gail Brett-Levine of National Association of Jewelry Appraisers, Diane Garmendia of 33 Jewels at El Paseo, Jay Mednikow of JHMednikow & Co,
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LVMH Moët Hennessy Louis Vuitton (LVMH), the world’s leading luxury products group, recorded revenue of €17.2 billion in the first half of 2016, an increase of three percent. Organic revenue growth was four percent compared to the same period in 2015. The American market is dynamic, while Europe remains on track, with the exception of France, which has been affected by a decrease in tourism.
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Thai Gem and Jewelry Traders Association (TGJTA) announced that the inaugural Thailand Gems & Jewelry Fair that was scheduled for 7-11 September 2016 will be postponed. “Due to a dispute that had risen regarding the organization venue, the TGJTA is unable to secure the necessary space to organise the fair during the stated timeframe. We had hoped to resolve the issue by now but unfortunatel
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Swiss watch exports in June suffered their steepest fall this year and declined 16 percent to CHF1.6 billion compared with the same month in 2015, reflecting the difficulties with which the branch has had to contend for many months. Precious metal watches were the worst performers with a decline of almost one-third or 31 percent. Steel or bimetal timepieces were distinctly less affected, although
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Jewellery artist Wallace Chan’s special 30-piece-only Collector’s Edition of his first monograph ‘Child at Heart: Dream Light Water’ is exhibited during the Hong Kong Book Fair from 20-26 July 2016 at Hong Kong Convention and Exhibition Centre. On the opening day of the fair, Wallace Chan and Emily Banis Stoehrer, jewellery curator of Museum of Fine Arts Boston, the United States, deliver
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According to data released by The Gem & Jewellery Export Promotion Council (GJEPC), US$ 1.846 billion worth of cut and polished diamonds were exported from India in June with a 0.38-percent year-on-year decrease. Gold jewellery exports (studded and plain) for June rose by 27.24 percent to US$ 769.09 million. Overall exports from the gem and jewellery sector during June 2016 stood at US$ 3.51
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Van Cleef & Arpels has launched a brand-new jewellery collection inspired by the brand’s rich heritageBouton d’or™featuring a bold association of materials including diamond, chrysoprase, carnelian, MOP and onyx. The collection is made up of two sets of five pieces, one set in pink gold and the other in yellow gold. “Gently reflecting the light, pink gold magnifies the delicate overto
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Bruce Cleaver, the new CEO of De Beers who assumed his role on 1 July 2016, made his first official announcement on 11 July. Titled ‘Defining our future through partnership’, the announcement addressed the strong global demand for diamonds, the need to focus on millennial consumers, his confidence in the diamond sector in the uncertain environment and highlighted the importance of partnership
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Swiss watchmaker Baume & Mercier has opened a pop-up store in Hong Kong celebrating the time-honoured partnership with Carroll Shelby, the legendary American race car builder. Staying between 1 and 20 July 2016 at Fashion Walk, Causeway Bay, the first Baume & Mercier pop-up store in the city showcases the heritage of quality precision engineering and the unfaltering pursuit of dreams shar
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Non-bead cultured pearls have a special allure and unique appearance. Nicholas Sturman, Gemological Institute of America (GIA)’s senior manager of global pearl services will discuss their origins, nomenclature and identification, as well as their use in jewellery products, during GIA’s next Gemstone Gathering in Bangkok, Thailand on 27 July 2016. Cultured pearls are the most prevalent type of
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On 4 July 2016, Italian jeweller Buccellati debuted their latest high jewellery one-of-a-kind creations during Italian fashion house, Giambattista Valli’s fashion show at Paris Haute Couture Week held at the Grand Palais. After the catwalk a press preview of the high jewellery collection was held at the brand’s newly opened boutique in Rue de la Paix. Perfectly matching the elegant cocktail
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About the size of a tennis ball, the second-largest diamond rough ever found - ‘Lesedi La Rona’ - failed to sell at Sotheby’s London on 29 June 2016 due to the higher reserve price. Despite the high bid for the 1,109-carat rough at US$61 million, it was lower than the US$70 million estimate, which would have made it the most expensive diamond ever sold at auction. “Sadly, Lesedi La Rona
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Wallace Chan debuts in Masterpiece London for the first time, unveiling around 40 pieces of jewellery creations, a 2.2-metre tall large-scaled titanium-gemstone sculpture, along with two glass-carving artworks. The exhibition is open to the public from today until 6 July 2016. The VIP preview was held yesterday, attracting over 8,000 collectors and art lovers. Creation Highlights: Apsara brooch
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Carina Wong, Hong Kong, launched an extended Enchanted Forest collection for her fine jewellery brand HETING at a media preview on 30 June 2016, featuring insects, fruits and mushrooms set in 18-karat gold with exotic gemstones, enamel, and diamonds. Heavily-inspired by nature, the new collection embraces the magical power of metamorphosis and transformation. “In life, we encounter different ex
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JNA Awards announced the honourees/finalists of its 5th edition at a press conference held on 23 June 2016 during the June Hong Kong Jewellery & Gem Fair. For 10 award categories, a total of 39 honourees are selected this year, representing 28 companies from 10 countries and regions namely mainland China, Hong Kong, India, Malaysia, Singapore, Switzerland, Taiwan, Thailand, the United Arab Em
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The century-old Czech crystal supplierPreciosa’s crystal components, turned a new page of its partnership with Kevolie, a high-end wedding gown boutique, led by Kev Yiu, the winner of Ten Outstanding Designers award, and actress Myolie Wu. In the latest series of Haute Couture, the designer collided with Preciosa’s extraordinary world of crystals, sparks were bound to fly - The Golden Era coll
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According to the provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC), exports of cut and polished diamonds from India reflect improved sentiment in the market registering a 13.24-percent increase year-on-year for the month of May 2016, with the country exporting US$1.97 billion worth of goods as compared to the US$1.74 billion exported in the same month a year ago
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Singapore-based lab-grown diamond manufacturer IIa Technologies Pte Ltd has recently received the SME 100 Awards for the country’s fast moving companies. Organised by SME & Entrepreneurship Magazine from Malaysia, the annual awards rank the top 100 fast moving companies in selected countries in Asia based on both quantitative and qualitative criteria. “We are extremely proud to have won t
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Alrosa announced that the mining company found a 241.21-carat rough diamond (photo) at its Nyurbinsky mine in Yakutia on 16 June 2016. The stone is one of the largest rough diamonds recovered in Russia and the third largest among those found at Nyurba Mining and Processing Division. According Alrosa, the diamond measures 38.64mm x 27.34mm x 25.46mm and is translucent with a grey hue. Traces of di
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The fine jewels sale held by Sotheby’s New York on 10 June 2016 witnessed a strong competition for stylish jewellery by Cartier, David Webb, Tiffany & Co, Van Cleef & Arpels (VCA), etc. With a total of US$4.8 million, the auction provided an opportunity for those seeking the perfect piece to start a jewellery collection or complement an existing one, said the auction house. The sale offe
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Tiancheng International’s charity auction of jewellery from Kat Florence and Sarah Jessica Parker held on 12 June 2016 set four world auction records for tanzanite, Paraiba tourmaline, tsavorite garnet and zultanite. A portion of the auction proceeds will be donated to A Drop of Life. The four record-setting pieces designed by Kat Florence included: the 423.56-carat natural tanzanite and diamo
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Elite Expo Sdn Bhd, organiser of Malaysia Int’l Jewellery Fair, will launch the first gold-focused exhibition in Southeast Asia in August. The inaugural Penang Signature Gold Fair (PSG), scheduled for 10-12 August 2016, will be held at Straits Quay Convention Centre in Penang, Malaysia, with the collaboration of P W Gold & Silver Ornament Merchants Association. It serves as a strategic plat
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The International Grown Diamond Association (IGDA) has accepted leading US jewellery manufacturer Stuller as its member on 7 June 2016. As the first-ever association launched in February 2016 representing lab-grown diamond companies, IGDA comprises of lab-grown diamond growers, distributors, suppliers, retailers and technical experts. IGDA seeks to represent the lab-grown diamond industry, prom
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Chow Tai Fook Jewellery Group Limited (CTF) announced FY2016 annual results (for the year ended 31 March 2016) on 7 June 2016. During FY2016, CTF recorded a revenue of HK$56,591.5 million (FY2015: HK$64,277 million), with a decline of 12 percent year-on-year. Gross profit dropped 18 percent to HK$15,641.4 million (FY2015: HK$19,072.4 million). Excluding the unrealised hedging loss on gold loans, n
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It is said that the Diamond Producers Association (DPA) wants to create a new slogan to market diamonds, replacing De Beers’ famous line ‘A Diamond is Forever’. Regarding this, JCK interviewed Forevermark’s CEO and DPA’s chairman Stephen Lussier (photo) at a breakfast meeting on 3 June sharing DPA’s recent research about how millennials feel about diamonds. Lussier explained that ‘A
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The four-day jewellery extravaganza, the 26th Malaysia International Jewellery Festival 2016 (Spring Edition) returned to the Kuala Lumpur Convention Centre (Hall 5) from 22 to 25 April 2016 and provided an excellent opportunity to visitors to pick out their buys from amongst the latest jewellery collections from around the world, making the show an ultimate jewellery shopping paradise. MIJ SE of
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The Executive Committee to Develop Export Capacity under the Thai government passed a bill containing tax measures to liberalise the import of gems and jewellery into the country on 24 May 2016. Specifically, the legislation includes: - Exemption of VAT permanently for import of finished diamonds and gemstones; - Exemption of VAT permanently for import of rough stones for manufacturing and sale
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De Beers Group announced on 27 May that Bruce Cleaver, current group director of strategy and business development for Anglo American PLC, will succeed Philippe Mellier as the diamond giant’s chief executive on 1 July. Cleaver served as De Beer’s executive director responsible for strategy and commercial relationships until 2015, also serving as co-acting CEO for a year prior to Melliers’s
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The largest fancy intense blue diamond ever offered at auction is to go under the hammer in Christie’s New York Magnificent Jewels on 9 June 2016. The auctioneer expects the cut-cornered rectangular mixed-cut, 24.18-carat, VS2 gem named Cullinan Dream to fetch US$23 million to US$29 million, or up to US$1.2 million per carat. The Cullinan Dream is the largest of the four blue diamonds cut from
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De Beers announced the value of rough diamond sales (global sightholder sales and auction sales) for the fourth sales cycle of 2016 on 24 May 2016. Fourth cycle provisional sales value was US$630 million, compared to actual sales of US$666 million in the previous cycle. Philippe Mellier, chief executive of De Beers, said: “As normal seasonal trends return to the market, we are encouraged by the
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The 3rd International Rough Diamond Week commenced on 22 May 2016 at the rough trading hall of the Israel Diamond Exchange (IDE). IDE president Yoram Dvash said he felt a positive atmosphere on the opening day. “(The positive atmosphere) is the first step in encouraging good business transactions. We’re very pleased to see the large players here. Our center needs them, and they are very happy
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The Magnificent Jewels sale on 18 May 2016 concluded the 48th Christie’s spring season with a combined total of US$169,528,430 and combined sales through rates of 89 percent by lot. The highlight of the week was the Oppenheimer Blue diamond which was sold for US$57,541,779, setting a new world record for any jewel sold at auction. This exceptional stone was acquired after 25 minutes of bidding.
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A new world record for any jewellery auction was set on 17 May 2016 when Sotheby’s sale of Magnificent Jewels and Noble Jewels in Geneva realised US$175,097,419. The sale was led by the largest-ever pear-shaped fancy vivid pink diamond at auction - Unique Pink weighing 15.38 carats, which was sold for US$31,561,200 (price per carat: US$2,052,094) and set a record for a stone of its type. Speak
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The De Beers Group of Companiesannounced its new 10-year sales agreement with the government of the Republic of Namibia for the sorting, valuing and sales of diamonds of Namdeb Holdingson 16 May 2016. This agreement is the longest ever signed between the two partners. As a result of the agreement,Namibia will see a significant increase in rough diamonds made available for beneficiation with US$43
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Thai Gem and Jewelry Traders Association (TGJTA) sought to strengthen cooperation with mainland China during the recently-concluded Jewelry Shanghai 2016. TGJTA organised a 20-exhibitor Thai pavilion at the Shanghai fair during 5-9 May. President of the Thai association Suttipong Damrongsakul took the opportunity to meet with representatives from Gems & Jewelry Trade Association of China (GAC
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Two Tahitian pearl auctions held in March this year in Tahiti fetched a total of nearly 5.2 million euros, asserting a high demand for quality pearls which are comparatively affordable than other luxury products amidst the slow economy, according to a recent release from the Tahitian Pearl Association Hong Kong (TPAHK). The 15th Cooperate Tahiti Auction (Rikitea Auction) was held 27-29 March 2016
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The Antwerp rough diamond trade showed significant improvements in export and import, although polished trade continued to show weakness according to recently released April trade figures from Antwerp World Diamond Centre (AWDC). The rough trade surged 32 percent in value and 39 percent in volume compared to April 2015. The polished diamond trade faced more headwinds, declining slightly as comp
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According to Pandora’s Q1 2016 interim report announced on 10 May 2016, the group’s revenue reached DKK 4,740 million with an increase of 34 percent (35 percent in local currency) compared to Q1 2015. Revenue increased by 13 percent in Americas, 47 percent in EMEA (Europe, the Middle East and Africa) and 58 percent in Asia Pacific. In particular, revenue generated from concept stores rose by 6
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The September Hong Kong Jewellery & Gem Fair, organised by UBM Asia, is the global marketplace where one can source jewellery, gemstones and every related product imaginable, from around the globe. Launched in 1983, this premier jewellery event attracts over 57,600 buyers from all over the world. During this seven-day event, Hong Kong transforms into the world’s jewellery trading hub, where
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Lucara Diamond Corp, Canada, has reported a significant year-on-year growth in revenue for the first quarter 2016, driven by strong demand for high quality stones and production assortments from its Karowe mine in Botswana. The company said its revenues rose to US$50.6 million (US$649 per carat) as compared to US$29.6 million (US$278 per carat) in Q1 2015. Following the end of Q1, the first excep
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Rio Tinto’s Argyle Pink Diamonds has recently unveiled the largest violet diamond ever recovered from its Argyle mine in Australia. Known as The Argyle Violet, the 2.83-carat oval-shaped diamond will be available at the 2016 Argyle Pink Diamonds Tender. “We are very excited to announce this historic diamond ahead of our Tender launch. This stunning violet diamond will capture the imagination
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Organised by Hong Kong Jewelry Manufacturers’ Association (HKJMA)and Hong Kong Jewelry Express, JMA International Jewelry Design Competition 2016 now invites entries. The theme of the competition is ‘Unity’. The competition is divided into two sections: open group and computer-aided design. The open group is subdivided into Open Group I (retail price: below US$10,000) and Open Group II (ret
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The diamond sector in Surat, India, has shown signs of recovery since the slowdown started July 2014. According to figures of the country’s Index of Industrial Production, the gems and jewellery sector in Surat recorded marked a growth of 33.1 percent in February 2016. Although the trade went down again in March due to the nationwide strike of jewellers that curtailed domestic demand for diamon
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Gem & Jewellery Export Promotion Council (GJEPC) released an annual performance of India’s gems & jewellery industry for FY 2015-16 on 28 April 2016. Total gross gems and jewellery exports for the period amounted to US$38.599 billion compared to last financial year’s US$39.98 billion, thus registering a decline of 3.46 percent. However, after taking return consignments into considerat
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De Beers Group of Companies published diamond jewellery industry insight data on 27 April 2016.According to the data, the US remains the world’s largest diamond jewellery market and hits a new record of US$39 billion in 2015. At constant currency, global consumer demand for diamond jewellery grew by two percent. However, at actual exchange rates, global demand in US dollar terms suffered a two-
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HRD Antwerp, Europe’s leading authority in diamond certification, announced the inauguration of its new Hong Kong office, located at Unit 1204 A 12/F Harbour Centre 2 Hok Cheung Street 8 Hunghom Kowloon, following relocation from its old premises on 21 April 2016.The official opening of the new office was attended by Belgian and Indian government officials, the Hong Kong Indian Diamond Associati
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The Hong Kong Jewellery Manufacturers’ Association invited Louis Lo, honorary president of Gemmological Association of Hong Kong to give a presentation on synthetic gemstones on 15 April 2016. The workshop offered an overview of the development of synthetic gemstones and the recent trends of synthetic diamonds. Lo had four decades of experience in the synthetic gemstone industry and witnessed t
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De Beers’ rough diamond sales value for the third sight in 2016 was US$660 million, according to the company’s recent announcement. The diamond giant said the reasonable positive environment for rough diamond demand was supported by the continued stability in polished diamond prices and sales of polished diamonds at wholesale. “So far, 2016 has seen significant stronger rough diamond deman
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The second edition of Vicenzaoro Dubai (VOD), the international gold jewellery show organised by DV Global Link – the joint venture between Fiera di Vicenza (FdV) and the Dubai World Trade Centre (DWTC) – is open from 14 to 17 April 2016 at the DWTC. A selected group of companies from the gold district of Arezzo and other provinces in Tuscany is ready to exhibit for the first time. This prese
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Two seminars titled ‘Expelling E-retailers’ biggest headache: turning digital followers into real dollars’ and ‘Gateway to the World: The Power of e-Payment’ were held on 13 April 2016 during the International ICT Expo organised by the Hong Kong Development Council. The first seminar, given by Horace Ng, head of e-commerce, Yahoo Hong Kong, provides an overview of the online retail mark
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The inaugural Hong Kong Secondary School Original Jewellery Design Competition, co-organised by the Gem & Jewellery Alumni Association (GJAA) and the Education Bureau, will be held on 23 April at SKH St Mary's Church Mok Hing Yiu College aiming to nurture new design talents for the sustainability of Hong Kong’s jewellery industry. Themed ‘Nature’, the competition is reserved for S3 to S
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The fine timepiece auction – Sotheby’s Hong Kong Important Watches Spring Sale held on 6 April 2016, totalled US$8.4 million or approximately HK$65.59 million. The top two lots are Richard Mille tourbillon and Vacheron Constantin diamond-set tourbillon, each sold for US$426,000 or approximately HK$3.32 million. Sharon Chan, head of watches, Sotheby’s Asia, said: “This season’s sale perf
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Rahaminov Diamonds has won the grand prize of the 2016 JCK Jewelers’ Choice Awards which carried 47 winners in 20 categories, including the newly-added ‘lab-grown diamond and/or gemstone jewellery’. The grand-prize winning ring (thumbnail, courtesy JCKonline) is set in platinum and 18-karat rose gold with a 2.32-carat VVS1 natural fancy pink oval diamond. Rahaminov’s owner and designer Ta
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Christie’s Geneva will present the Oppenheimer Blue, the largest fancy vivid blue diamond ever offered at auction. Weighing 14.62 carats, this exceptional stone will lead Christie’s Magnificent Jewels auction on 18 May 2016. Named in honour of its previous owner Sir Philip Oppenheimer, this rectangular-cut diamond is estimated at US$38-45 million. “The Oppenheimers have been leaders in the
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The research wing of ICRA Ltd (formerlyInvestment Information and Credit Rating Agency of India Limited) said in a report released earlier this week that as a result of new government regulations and the prolonged jewellers’ strike, Indian jewellery manufacturing is expected to decline by about 40-50 tonnes for the fourth fiscal quarter ending on 31 March, 2016. After finance minister Arun Jait
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Sotheby’s Hong Kong will auction the De Beers Millennium Jewel 4, a 10.10-carat oval internally flawless fancy vivid blue diamond – the largest oval fancy vivid blue diamond ever to appear at auction, estimated at US$30-35 million, at its Magnificent Jewels and Jadeite Spring Sale on 5 April 2016. Offered for sale from an Asian private collection, the stone is one of the 12 rare diamonds that
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The fifth JNA Awards is accepting entries. This year the total number of awards has been cut down to 11 from 16 last year. JNA Awards 2016’s categories include: 1.Lifetime Achievement Award 2.Brand of the Year – Retail 3.Industry Innovation/Sustainability Initiative of the Year 4.Manufacturer of the Year – Cutting & Polishing 5.Manufacturer of the Year – Jewellery 6.Outstanding
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The inaugural ‘T-GOLD + METS’ Pavilion, co-organised by Fiera di Vicenza (FdV) and the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), will be staged at Hall 5B, HKCEC during the HKTDC Hong Kong International Jewellery Show starting 3 March 2016. Dubbed “the best jewellery and watch technology pavilion in Asia”, the ‘T-GOLD + METS’ Pavilion covers the entire range of
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The New York laboratory of the Gemological Institute of America (GIA) recently certified the largest faceted blue synthetic diamond ever by the organization. The emerald-cut, 5.03-carat, VS1 high-pressure, high-temperature (HPHT) type-Ⅱb stone was produced by New Diamond Technology (NDT), a company based in Russia, and one of the founding members of the International Grown Diamond Association.
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Jewellery business discontinuances in the United States recorded an 11-percent jump in 2015 over 2014, JCK Online cited statistics from the Jewelers Board of Trade (JBT). Figures said there were 1,082 US jewellery business discontinuances, compared to 973 in 2014. The fourth-quarter number of the two years remained the same at 238.According to the figures, there were 1,114 jewellery business
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Organised by Hong Kong Trade Development Council (HKTDC), the 3rd Hong Kong International Diamond, Gem & Pearl Show will take place from 1 to 5 March 2016 at the AsiaWorld-Expo, and the 33rd Hong Kong International Jewellery Show will open between 3 and 7 March 2016 at the Hong Kong Convention & Exhibition Centre (HKCEC). This year, the two shows will welcome more than 4,380 exhibitors fro
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Department of International Trade Promotion (DITP), Gems, Jewelry and Precious Metal Confederation of Thailand (GJPCT) and Thai Gem & Jewelry Traders Association (TGJTA) will jointly organise the 57th Bangkok Gems and Jewelry Fair during 24 - 28 February 2016. Apiradee Tantraporn, commerce minister of Thailand, will officiate the opening ceremony at 9am on the first show day at the Royal Jubil
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Colour institute Pantone has recently released its fall 2016 colour report under the inspiration of the desire for tranquility, strength and optimism. The colours are: Riverside (PANTONE 17-4028) Airy Blue (PANTONE 14-4122) Sharkskin (PANTONE 17-3914) Aurora Red (PANTONE 18-1550) Warm Taupe (PANTONE 16-1318) Dusty Cedar (PANTONE 18-1630) Lush Meadow (PANTONE 18-5845) Spicy Mustard (PANT
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Online jewellery retailer Blue Nile announced that sales in its fourth quarter decreased 4.8 percent to US$150 million, due to the continued weakness in high-ticket purchases and foreign currencies. Selling prices for core engagement products dropped. US engagement ring sales decreased 7.7 percent to US$78.4 million compared to US$85 million for the fourth quarter of 2014. For the fiscal year end
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The world’s jewellery demand for gold in the second half-year recorded a two-percent increase from H2 2014, making it the strongest H2 for jewellery demand in 11 years, according to WGC’s newly published Gold Demand Trends. While Q4 2015 changed a little bit year-on-year at 671.4 tonnes (-6 tonnes), the third and fourth quarters combined marked the strongest H2 for gold jewellery in 11 years,
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Organised by the Hong Kong Jewelry Manufacturers’ Association (HKJMA), Miss Jewelry Hong Kong 2015’s final was held on 26 November 2015, the first day of the Hong Kong International Jewelry Manufacturers’ Show. Li Sha Ho was crowned champion of Miss Jewelry Hong Kong. The 1st and 2nd runner-up went respectively to Fion Hui and Fanny Ng, who also won the ‘My Favourite Miss Jewelry’ title
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The Diamond Federation of Hong Kong, China (DFHK) conducted the 2015 Consumer Choices on Diamond Consumption Research during October to November 2015 to analyse the diamond consumption patterns in Hong Kong, and hence to help the trade provide end-consumers with targeted services. About 90 percent of the 1,000 responding Hong Kong residents said purchased or given diamonds should be natural. Nine
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he JNA Awards 2015 presentation ceremony was held on 20 September. The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), the only trade association ever ran for the awards since inception in 2012, received the ‘3 Decades of Excellence’ award. HKJJA president King Li and vice-chairmen received the trophy from Lawrence Ma, founding president and chairman of the Diamond Federation
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LVMH Moët Hennessy Louis Vuitton (LVMH) announced watches and jewellery revenue grew 19 percent year-on-year to€3.31 billion in 2015 with stronger Bvlgari results and a successful refocusing of TAG Heuer. According to the company’s 2015 annual report, the watches and jewellery business group recorded organic revenue growth of eight percent. Profit from recurring operations increased by 53 pe
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The 57thBangkok Gems and Jewelry Fair (BGJF), Asia’s second largest gems and jewelry trade show and the fifth largest globally, will be held at Bangkok’s IMPACT Exhibition and Convention Center from February 24 to 28. The biannual trade fair attracts tens of thousands of buyers from the US, EU, Russia, China, South America, ASEAN and the Middle East, as well as more than 30,000 visitors. Orga
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Japanese pearl giant Mikimoto launched the seventh boutique in Hong Kong at 1881 Heritage in January 2016. The new store features a specially-designed ceiling inspired by Yaguruma Sash Clip, a distinctive Mikimoto style of the 1930s. The walls are made of different materials including Nishijimori, a woven Japanese traditional textile portraying the bright sea glimmering in sunlight, while the VIP
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The De Beers Group of Companies sold US$540 million of rough diamond (global sightholder sales and auction sales) for the first sales cycle of 2016. In 2015, its December sales amounted to US$248 million. According to the company, rough diamond sales during the first cycle of the year improved significantly compared with the final sales cycle of last year. A positive holiday season in the US
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Due to concerns related to report validity as a result of uncovered unauthorized changes to grading reports in October 2015, Gemological Institute of America (GIA) announced on 26 January 2016 that it will extend the submission date for the confirmation service to 31 March 2016. Anyone with a GIA grading report originally issued between November 2014 and October 2015 may submit the original repor
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Reacting to a warning over potential illegal cash entering the country, Australia is considering broadening the scope of its anti-money laundering policies by including precious stone dealers and real estate agents, according to a Reuters report. Though the tightening regulation would not target any particular country, Australian authorities have noticed “a surge of cash from wealthy Chinese bu
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The Odisha state government of India has recently decided to revise the gemstone policy in a bid to increase revenue from unexplored gemstone resources, according to Times of India. The new policy will promote exploration, mining, processing and trading of gemstones in the state. “Odisha has a huge deposit of gemstones but does not have a proper mechanism in place to regulate the industry as a
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Rio Tinto announced its fourth quarter production results last year on 19 January 2016. Its production of diamonds in Q4 2015 reaches 4.266 million carats with an increase of 50 percent compared to 2.841 million carats in Q4 2014. The full year production increased by 25 percent from 13.872 million carats in 2014 to 17.392 million carats in 2015. According to the group, at Argyle, the ramp-up of
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Nearly 70 fine jewellery manufacturers from Hong Kong will be showcasing their latest collections at Vicenzaoro’s Hong Kong Pavilion (Hall 3.1) starting this Friday, 22 January. In a bid to make the most from the year’s first important jewellery show, Pavilion organiser Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) has stepped up its effort to woo more traffic with a series
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Co-organised by the Art Museum of the Chinese University of Hong Kong (CUHK), Shanxi Institute for the Preservation of Cultural Heritage, and Chow Tai Fook Jewellery Group Limited, a public seminar “Gold Working Techniques of Ancient China” was held on 14 January 2016 at CUHK, attracting about 200 participants. The seminar featured three key speakers including Max Lam, creative director of Ch
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Wallace Chan is invited to exhibit at TEFAF as the first Chinese jewellery artist. TEFAF 2016 will be held in Maastricht, Netherlands from 11 to 20 March. The exhibition will be the first of the brand’s activities in Europe. Jewellery art creations, glass carvings and large-scaled titanium sculptures including the below highlight exhibits will be presented: Fish’s Whisper bangle Two fish fel
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A star sapphire weighing 1,404.49 carats was claimed by gemologists in Sri Lanka to be discovered in a mine in the country, according to a recently BBC report. Named ‘The Star of Adam’, the new gem was mined in the city of Ratnapura, in southern Sri Lanka, which is known as the ‘City of Gems’. The current owner of the stone said the stone is valued at at least US$100 million and estimate
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The US retail sales registered a 7.9-percent grow during the holiday season from Black Friday to Christmas Eve, according to a Mastercard survey which tracked sales using cards, cash and cheques, excluding automobiles and gasoline purchases. During the season e-commerce grew 20 percent from a year before, the report said. Seventy percent of US consumers said they do more research online than befo
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Yoram Dvash, the newly-elected president of the Israel Diamond Exchange (IDE), announced the completion of the appointment of functionaries on the board and the committee chiefs, according to an IDE communication on 29 December 2015. "I feel we have assembled an excellent team that is well equipped to cope with the many challenges we have ahead of us," Dvash said. "There are a lot of new, young f
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Gemfields plc’s rough ruby auction held in Singapore between 14 to 18 December 2015 realised US$28.8 million. The average realised price per carat was US$317.92. Out of the total 92,136 carats offered, 90,642 carats (98% by weight or 95% by market price) were sold. The company said larger volumes of smaller size and mid-priced rubies were placed on offer as a direct response to market feedback
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The International Jewellery London (IJL) has recently done a Christmas buying trends survey in UK together with Domino Jewellery. A vast majority of respondents said the UK craftsmanship is crucial to making purchase decisions. The surveyed retailers were drawn from independent, online and multiple outlets. Apart from looking at the importance of UK craftsmanship, the survey aimed to find out the
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The India Diamond Trading Centre (IDTC), the first Special Notified Zone (SNZ) for rough diamond trading in the country, will be inaugurated at the Bharat Diamond Bourse (BDB) complex in Mumbai on 20 December 2015. As an initiative between India’s Gem and Jewellery Export Promotion Council (GJEPC) and BDB, the SNZ covers 4,000 square feet within the BDB complex, and will be unveiled by chie
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Yoram Dvash was elected as president of the Israel Diamond Exchange (IDE) on 16 December. In the biennial presidency election, he received 1,080 out of 1,886 votes, while the remaining votes went to the other candidate Arnon Yuval. Dvash is a member of the Israel Diamond Manufacturers Association (IsDMA) and is an arbitrator in the Legal Department. His company Dvash Diamonds has been listed as
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Pantone has chosen the blend of Rose Quartz (Pantone 13-1520) and Serenity (Pantone 15-3919) as the Colour of the Year for 2016. It is the first time the colour authority chooses a blend of two colours as the colour of the year. “As consumers seek mindfulness and well-being as an antidote to modern day stresses, welcoming colours that psychologically fulfill our yearning for reassurance and sec
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Sotheby’s New York’s Magnificent Jewels auction, the final jewellery auction this year, combined exceptional stones with historic designs and provenance fetched US$52.3 million on 9 December 2015, and brought Sotheby’s jewellery worldwide annual total to US$571 million this year. A platinum and diamond Van Cleef & Arpels necklace formerly from the collection of Queen Nazli of Egypt sold
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Edward Chiu Jewellery Art will partner with a stellar line up of local creative talents including designers, stylists, floral artist, singer, dancer and musicians to stage “Roses are Love”, a musical and bridal fashion show at Hong Kong Jockey Club Ampitheatre of the Hong Kong Academy for Performing Arts at 8pm on 10 December 2015. Edward Chiu Jewellery Art combines jade jewellery and couture
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Hong Kong Sotheby’s fine jewels and jadeite sale on 2 December 2015 realised a total of HK$ 41,878,750/US$ 5,370,000. The top lot was a diamond ring set with a 5.04-carat fancy vivid yellow internally flawless clarity diamond sold for HK$2,480,000/US$318,000. Other star lots included a platinum ring set with a 5.19-carat step-cut emerald and diamonds sold for HK$1,750,000/ US$225,803 and a pair
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To further understand local consumers’ view on diamond consumption, Diamond Federation of Hong Kong, China Limited (DFHK) conducted an online survey ‘2015 Consumer Choices on Diamond Consumption Research’ during 14 October 2015 to 9 November 2015. The survey successfully collected feedback from 1,000 individuals of which about 60 percent are females and 40 percent are males. Apart from consu
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Gübelin Jewelry has launched ‘The Pioneer Collection’ inspired by six inclusions described by Eduard J Gubelin, founder of House of Gübelin. The new pieces were launched at a cocktail reception on 27 November 2015 in Hong Kong where CEO Raphael Gübelin, managing director (jewellery and watches) Hanspeter Pieth and Helen Molesworth, managing director of Gübelin Academy talked the audience t
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On 24 November 2015, the World Platinum Investment Council (WPIC) published its fifth Platinum Quarterly. The report says global platinum jewellery demand for Q3 2015 is estimated at 790 koz, up 19 percent compared to the last quarter as manufacturers in several of the larger markets prepared for strong selling seasons ahead. Elevated jewellery demand in China was driven by restocking ahead of th
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Chow Tai Fook Jewellery Group Limited recorded a 4.1-percent drop of revenue for the first half of the financial year of 2016 to HK$28,123.6 million from HK$29,319.5 million last year, reported group chairman Henry Cheng at the 2015-16 interim results announcement media conference yesterday. The slashed revenue was attributed to the weak luxury market sentiment in Hong Kong and Macau as due to a d
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The Hong Kong International Jewelry Manufacturers’ Show (HKIJMS) will be held 26-29 November 2015 at Hall 1, Hong Kong Convention and Exhibition Centre. Organised by the Hong Kong Jewelry Manufacturers’ Association (HKJMA), the 23rd HKIJMS offers the trade as well as end-consumers with exquisite jewellery from around the globe. The show will be featuring over 1,000 booths with a wide variety
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Lucara Diamond Corporation, a high quality diamond producer, announced the recovery of a 1,111-caratType IIA diamond, the world’s second-largest gem-quality diamond ever found, from its Karowe mine in Botswana on 18 November 2015. The stone, measuring 65mm x 56mm x 40mm in size, is the largest diamond ever to be recovered in Botswana and the largest ever to be retrieved through a modern process
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Synthetic diamond producer Scio Diamond Technology Corp. announced financial results for the fiscal 2016 second quarter ended September 30, 2015 on 13 November2015. The company generated total revenue of US$236,292 in Q2 FY 2016, an increase of 127.3%from US$103,976 in the same period last year. The increase related primarily to increases in products sold.Loss from operations in Q2 FY 2016 was US$
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Sotheby’s Hong Kong will present the fine timepieces sale on 29 November at Sotheby’s Hong Kong Gallery. The sale will highlight a Van Cleef & Arpels white gold diamond-set double retrograde bracelet watch with enamel dial No 591 Pont des Amoureux circa 2014 (Estimate HK$600,000 to 811,000 or US$77,000 to 103,000). Others important lots include a Patek Philippe platinum automatic minute r
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New world auction records for any diamond of any colour or any gemstone, price-per-carat for any gemstone, and any jewel were set on 11 November 2015 when a sensational 12.03-carat internally flawless fancy vivid blue diamond was sold to a private collector from Hong Kong for US$48,468,158 or HK$375,663,913 (US$4,028,941 per carat) at Sotheby’s in Geneva. Previously called the ‘Blue Moon Di
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Pandora announced on 10 November 2015 that its group revenue in Q3 2015 reached DKK3.911 billion with an increase of 37.5 percent compared with Q3 2014, driven by all geographic regions. In particular, the group scored an increase in revenue of 22.7 percent (8.3-percent increase in local currency) in Americas, 40.7 percent (36.1-percent increase in local currency) in Europe and 74.8 percent (62.9
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Swiss luxury jewellery brand Chopard has recently launched an extension to the ‘Imperiale’ line called Empress Jewellery Box which consists of five items namely earrings, a head band, a wristwatch, a necklace and a ring, each carried the iconic ‘Impérial’ motif in a unique way. The wristwatch, for instance, the diamond-set pattern is above the watch crystal. The case is encircled by bague
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The Swiss-based Gübelin Gem Lab and Swiss Gemmological Institute SSEF, recognised as the leading laboratories for coloured gemstone testing, have agreed to harmonise their standards for the colour terms ‘pigeon blood red’ and ‘royal blue’ on 4 November 2015, aiming to standardise the usage of these terms for the benefit of the international gemstone industry. The colour terms ‘pigeon b
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The Hong Kong Jewelry Manufacturers' Association (HKJMA) held a press conference for the biannual ‘Miss Jewelry Hong Kong’ on 3 November 2015 in iSQUARE, Tsim Sha Tsui. Donning Hong Kong jewellery worth over HK$1,000,000 in total, the 10 contestants reinterpreted the glamour of jewellery by donning chic, energetic styles in the catwalk. A number of guests including Hong Kong Film Awards best
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The American Gem Trade Association (AGTA) announced the winners of the AGTA Spectrum Awards 2016 on 29 October 2015. In its 32nd edition this year, the annual coloured gemstone and cultured pearl design competition received the ever-largest number of 492 entries. Under the ‘Best of…’ category, ‘Best of Show’ went to a suite of Paraiba tourmaline nautilus shell carvings by Allen Kleiman
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De Beers will allow sightholders to defer their entire November allocations until December as diamond manufacturers remain under pressure from weak market conditions. Diamond manufacturers have significantly reduced their rough diamond intake and factory output in 2015 as polished sales declined largely due to a slowdown in China. “We understand that many businesses' short-term demand require
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In the third quarter of 2015 Kering recorded revenue of €2,895 million with a 12-percent increase compared to the same period in 2014. Sales in luxury activities grew by 14.0 percent on a reported basis as a result of business momentum in directly operated stores. In sports and lifestyle activities there is a 3.9-percent growth in sales on a comparable basis, driven by the implementation of Puma
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The Gemological Institute of America (GIA) has invalidated grading reports for over a thousand diamonds submitted to their laboratory in India. The reports were altered by a third party who gained unauthorised access to GIA’s database. Click here to see the list of invalidated reports. GIA said on a press release dated 23 October 2015 that they strongly request that anyone in possession of any
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Chow Tai Fook Jewellery Group Limited (CTF), the largest jeweller listed in Hong Kong by market capitalisation with 86-year history, showcased its forward vision by joining hands with SAMSUNG to design two fashionable and luxury straps for the new Gear S2 Classic smartwatch on 22 October 2015, elevating modern lifestyle with jewellery and technology. Being the first Chinese jewellery brand cooper
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International Institute of Diamond Grading and Research (IIDGR), which is part of the De Beers Group, will provide low-cost, high-volume melee testing service starting from 26 October 2015 in Surat, India and 12 November 2015 in Antwerp, Belgium. Jonathan Kendall, president of IIDGR, said: “This service will play an important role in supporting both trade and consumer confidence. Sellers will b
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The 2015-17 committee of administration of India’s Gem Jewellery Export Promotion Council (GJEPC) was formed on 16 October 2015. Praveenshankar Pandya of Diamond India Ltd is elected as chairman and Russell Mehta of Rosy Blue (India) Pvt Ltd vice chairman. Regional chairpersons are Prakash Chandra Pincha (eastern region), Mahendra Kumar Tayal (southern region), Ashok Gajera (western region), An
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Pandora announces on 12 October that it has expanded the company’s strategic alliance with the Walt Disney Company (Disney) to include the Asia Pacific. The extension of the alliance with Disney will begin in November 2015, with Pandora launching its Disney jewellery collection in 13 markets in the Asia Pacific region, including Australia, China and Japan. As part of the alliance, Pandora will
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Moët Hennessy Louis Vuitton (LVMH) announced on 12 October 2015 that the group recorded a revenue of €25.3 billion for the first nine months in 2015 with an 18-percent increase. Organic revenue grew by 6 percent compared to the same period in 2014. The watches and jewellery group recorded a revenue of €2.404 billion during the same period, with a 22-percent growth in reported revenue and a 10
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The recent lacklustre luxury goods market in Hong Kong and Macau has caused a wave of lease surrender of luxury brands. In times of adversity, Swiss Roger Dubuis is confident in the markets, and planning to open more boutiques in Macau next year. According to Hong Kong Economic Journal, the watchmaker gears up to be among the world’s five largest upscale watch brands in five years’ time. The
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Sotheby’s Hong Kong Magnificent Jewels and Jadeite autumn sale held on 7 October 2015 achieved a total of HK$ 486,476,250 with exceptional results. The Jewel of Kashmir, a 27.68-carat Kashmir sapphire and diamond ring, and the Cowdray Pearls, natural grey pearl necklace smashed world auction records. The top lot sapphire ring was sold for HK$ 52.28 million and US$ 242,145 per carat, hitting a w
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Richemont announced on 5 October 2015 that the merger of its subsidiary, the Net-A-Porter Group with YOOX S.p.A. had been completed. As a result of the all-share transaction, Richemont received 65,599,597 shares in the YOOX Net-A-Porter Group, which represent 50 percent of the share capital of parent company of the combined entity on a fully diluted basis. To preserve the independence of the YOOX
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Bharat Diamond Bourse (BDB), India, announced on 1 October 2015 its decision to ban the trading of synthetic diamonds within the premises of BDB. In response to the resolution, Ernie Blom, president of the World Federation of Diamond Bourse (WFDB), said each WFDB-affiliated exchange has the right to decide on its policy on the issue, while stating that WFDB is not opposed to the trade in fully-dis
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A recent survey from MasterCard revealed that millennials in China are the biggest purchasers of luxury goods in Asia Pacific who plan to spend close to double the Asia Pacific average on luxury goods in the next year. According to the survey, 25 percent of millennials in Asia Pacific plan to buy high-end gadgets in the next year, 17 percent for leather goods and 17 percent for jewellery. Over a
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Sotheby’s will headline Blue Moon, a 12.03 carat fancy vivid blue IF diamond, at its Geneva auction dated 11 November 2015. The stone is estimated at CHF34,000,000-53,500,000 (US$35,000,000-55,000,000). Blue Moon is the largest cushion-shaped fancy vivid blue diamond ever to appear at auction, said the auction house. Other highlights include a Burmese ruby and diamond ring formerly processed b
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HRD Antwerp reported on 28 September 2015 that they had received a 3.09-carat CVD (chemical vapour deposition) synthetic diamond for examination recently, the largest of its kind encountered by the lab. The lab-grown diamond is a slightly tinted white (I to J), VS2, brilliant cut stone with measurements of 9.36 – 9.42mm x 5.76mm and no fluorescence (nil). The lab employed D-screen and Alpha Dia
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The Important Jewels sale held by Sotheby’s New York on 24-25 September 2015 fetched a total of US$18,400,000. An emerald-cut F colour diamond of 30.15 carats sold for US$2,590,000 was the top lot in the auction. Among the highlights in the Estate of Dolores Sherwood Bosshard was the sapphire and diamond bow brooch by Van Cleef & Arpels, 1937 which achieved US$162,500. The Bosshard Estate br
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International Association of Jewellery Merchandize Planning Professionals Limited (IAJMPP), the first international association specialised for jewellery executives who are working in design, branding, merchandise planning, marketing and management, and want to transform themselves into a globally recognised and respected jewellery professional, held an inaugural ceremony on 21 September, 2015 at
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Christie’s International announced the largest cushion-shaped fancy vivid pink diamond to be offered for sale at auction. With an estimated value of US$ 23-28 million, the 16.08-carat stone is to be one of several pieces featured in Christie’s flagship Magnificent Jewels auction, to take place on 10 November 2015 in Geneva. The diamond is set in a ring, and is surrounded by a double row of
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Platinum Guild International (PGI) held an opening ceremony on September 21, 2015 at its newly relocated global head office in Hong Kong, inviting partners from trade, media, retailers and manufacturers to celebrate the official unveiling with the PGI team. Hong Kong’s dynamic economy, strategic location at the crossroads of Asia, and its increasingly important role as an international jeweller
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The JNA Awards 2015 presentation ceremony was held at Regal Airport Hotel on 20 September. The only trade association ever ran for the Awards since inception in 2012, the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) has received the ‘3 Decades of Excellence’ award. President of HKJJA King Li and vice-chairmen received the trophy from Lawrence Ma, founding president and chai
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The September Hong Kong Jewellery & Gem Fair opens its raw materials section at Asia-World Expo (AWE) today. The finished jewellery section will open on 18 September at the Hong Kong Convention & Exhibition Centre (HKCEC). In its 33rd edition this year, the show features a record number of 3,752 exhibitors from 50 countries and regions, said show organiser UBM Asia who expects to receive a
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The Hong Kong Jewelry Manufacturers’ Association (HKJMA) announced the formation of the 14th executive committee (2015-17) on 14 September 2015. The new committee members assumed their posts at the start of the month. Adam Lau of Able Jewelry Mfg Ltdis re-elected chairman, while Benny Do of WCJ International Ltd, Bronia Yip of Goldiaq Creation Ltd and Peter Lam of Peter Lam Jewellery Ltd are th
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Tom Moses, executive vice president and chief laboratory and research officer of Gemological Institute of America (GIA), announced on 7 September 2015 during Israel's Diamond Week that GIA plans to open a diamond synthesis facility for research in New Jersey in January 2016. GIA selected OGI's Titanium 5Xlaser-cutting system for CVDs as their featured system in the new GIA diamond synthesis facil
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To support local jewellery creation, Diamond Registry will sponsor local jewelry designers and students to participate in the 17th Hong Kong Jewellery Design competition held by the Hong Kong Trade Development Council (HKTDC). Candidates, including student, who submit their application with this sponsorship will be able to participate in the open group and will be entitled to full support in the p
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The Andrea Palladio International Jewellery Awards 2015 announced the winners of the nine categories on 5 September, the first day of the Vicenzaoro September 2015. - The Best Italian Jewellery Designer: Giampiero Bodino - The Best International Jewellery Designer: Shaun Leane - The Best Italian Jewellery Brand Collection 2014/2015: Vhernier - The Best International Jewellery Brand Collect
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Chow Tai Fook Jewellery Group Limited (CTF), the largest jeweller listed in Hong Kong with 86-year history, unveiled A Heritage in Bloom “Cullinan Heritage”diamond jewel on 3 September 2015. Created by world-renowned jewellery artist Wallace Chan, the piece is centred upon 24 Dcolour internally flawless (DIF) diamonds cut from the “Cullinan Heritage”, an exceptionally rare 507.55 carats T
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Scientific and Technical Research Centre for Diamond (WTOCD) will launch ‘M-Screen’, a new automated melee screening device for identifying synthetic diamonds that will be commercialised by HRD Antwerp at September Hong Kong Jewellery & Gem Fair. The launching event will be held as a part of the ‘Diamond Power Session’ organised by Antwerp World Diamond Centre (AWDC) on 17 September 2
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Co-organised by Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades & Industries Ltd, the 34thHKTDC Hong Kong Watch & Clock Fair will be held 8-12 September 2015 at Hong Kong Convention and Exhibition Centre. A press conference was held today unveiling the highlights of the show and announcing winners of th
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De Beers will launch a holiday marketing campaign to spur demand for diamond jewellery during the year-end holiday season in addition to Forevermark’s ‘A Diamond is Forever’ initiative, the leading diamond company on 25 August 2015. Featuring classic diamond products such as solitaire rings, diamond solitaire necklaces, three-stone rings, etc, the new marketing campaign will be made in the
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Tiffany & Co second quarter net earnings declined 16 percent from US$124 million to US$105 million year on year, and worldwide net sales were flat at US$991 million from the previous year’s US$993 million, according to the company’s press release. Japan led the company’s regional sales growth with a 27-percent increase, followed by Europe with a 19-percent rise and Asia-Pacific at a nin
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Hong Kong Jewellery and Jade Manufacturers Association (HKJJA) invited Myndar to deliver a seminar on jewellery technology on 27 August 2015 at the Association’s office. The topic of the seminar is “IoT – utilise innovation to improve operation efficiency”. It attracted a number of jewellery company representatives who were especially interested in and inspired by the product demonstration
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Sotheby’s Hong Kong important watches autumn sale will take place on 6 October at the Hong Kong Convention and Exhibition Centre. An exceptionally rare Patek Philippe world time vintage wristwatch made in 1968 is a highlight. Connoisseurs will also be delighted by exquisite jewellery timepieces, including an iconic and possibly unique full-diamond-set Panther bangle watch by Cartier. The sale wi
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AnchorCert Gem Lab, which is part of Assay Office Birmingham (AOB) and London Diamond Bourse (LDB) have announced a partnership that will provide LDB members with high-quality and cost-efficient diamond and gemstone testing and certification services. Under the new partnership, stones of LDB members will be collected for grading at the Bourse with a simple audited system facilitated entirely
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The fourth ASEAN+6 Gems and Jewelry Presidents’ Summit (AGJPS) was held on 21 August 2015 at Kuala Lumpur Convention Centre, Malaysia. Capitalising on the formation of the ASEAN Economic Community (AEC) in December this year, jewellery associations of the 10 ASEAN member states plus six countries and regions have been coming together each year since 2012 discussing ways to establish ASEAN as a
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Jewellery News Asia (JNA) announced on 18 August 2015 that Mimi Ou Yang, chief gemmologist of Hong Kong Gems Lab and principal of the Hong Kong Institute of Gemmology, will receive the Lifetime Achievement Award at the fourth annual JNA Awards. Ou Yang has dedicated herself to the academic research of Fei Cui Jade since 1978. In 1983, she was the first to discover a terrestrial source of Ureyite
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Total demand for gold recorded a year-on-year fall by 12 percent in Q2 2015 mainly due to a decline in demand from consumers in India and China, said the Gold Demand Trends report from the World Gold Council (WGC). In Europe and the United States, however, witnessed growth driven by a mixture of increasingly confident jewellery buyers and strong demand for bars and coins, the report said. In Indi
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Sarine Technologies Ltd reported a 42 percent plunge in the second quarter revenue this year as demand for polished in its key markets weakened and rough prices rose. Sales of this diamond manufacturing equipment maker slumped to US$14.4 million during the three-month ended June 30. Recurring sales, which account for about half of the company’s operating revenue, slid 20 percent, according
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Pandora announced on 11 August 2015 that it has reached an agreement with Norbreeze Group to take over Pandora store network in Singapore and Macau on 1 January 2016, when Nonbreeze’s rights of distribution expire in the two countries. At the same time, to reacquire its distribution rights in the Philippines, Pandora will pay a total of SGD30 million (approximately USD21.48 million) to Norbreeze
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Rio Tinto Diamonds announced diamond operations’ revenue slumped 23 percent year on year to US$331 million during the first half of year ended June 30 on 6 August 2015. Net underlying earnings surged 72 percent to US$31 million, as local currencies weakened against the US dollar. Net underlying earnings denoted an operational unit’s contribution to the overall group’s net earnings. The comp
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The Gemmological Institute of America (GIA) announced a new digital Diamond Focus Report for natural, round brilliant cut diamonds between 0.15 and 0.29 carats. The report will provide information such as carat weight, colour, clarity, cut grade, polish and symmetry grade with a fluorescence description, with the same standards and processes used for all other GIA reports. Laser inscription o
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A report ‘Developing Indian Hallmarking – A roadmap for future growth’ published by the World Gold Council (WGC) on 30 July stresses on the importance of a nationwide hallmarking system which will contribute to the growth of gold jewellery exports as well as the gold monetization scheme in India. Currently, according to the report, only 30 percent of Indian gold jewellery is hallmarked desp
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The US trade association for businesses serving the fine jewellery marketplace Jewelers of America (JA) elected Ryan Berg who is the market president of Lee Michaels Fine Jewelry as its new board chairman, succeeding Bill Farmer Jr, a partner in Farmer’s Jewelry. The election took place on 25 July 2015 at a JA board meeting that also concluded with the appointment of many new directors to the b
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LVMH Moët Hennessy Louis Vuitton (LVMH) recorded revenue of €16.7 billion in the first half of 2015, a year-on-year increase of 19 percent. Organic revenue growth was six percent compared to the same period in 2014. The Group recorded strong growth in Europe and the United States. In the second quarter, revenue increased by 23 percent compared to the same period in 2014. Organic sales grow
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The International Organization for Standardization (ISO) published ISO 18323:2015 ‘Jewellery -- Consumer confidence in the diamond industry’ on 1 July 2015 specifying a set of permitted descriptors for the diamond industry aiming to provide further clarity for traders and maintain consumer confidence in the diamond industry. The new ruling is welcomed by CIBJO, said in its statement dated 27 J
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The Gemmological Association of Hong Kong Limited (GAHK) has recently elected the board of directors for 2015-16. Chow Ka Keung has succeeded Professor Mimi Ouyang as the chairperson. Major board members include honorary chairman Louis Lo, honorary chairlady Prof Mimi Ouyang, chairman Chow Ka Keung, vice-chairman Tommy Tsui, etc. Visit GAHK’s website www.gahk.org for the full list. GAHK was fo
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Cut and polished diamonds that are imported for the purposes of grading or certification in India’s three diamond labs and re-export out of India will not be subject to customs duty, following a decision published by India’s Central Board of Excise and Customs this week. The three labs are Gemological Institute of America (Mumbai), India Diamond Institute (Surat) and the International Institu
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The Government of the Republic of Namibia and De Beers announced an agreement on 21 July 2015, in principle, on the terms of a new 10-year sales agreement for the sorting, valuing and sales of all of Namdeb Holdings diamonds (production from Namdeb and Debmarine Namibia). The agreement will be the longest sales contract ever agreed between the two partners. Bruce Cleaver, De Beers’ Executiv
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Anglo American, parent company of De Beers, reported on 16 July 2015 that rough diamond production declined six percent in the second quarter of 2015 for De Beers, and rough diamond sales volumes through the first half year plunged 26 percent year-over-year to 14 million carats. De Beers said the production decline was mainly due to lower grades and reduced plant availability at Orapa, one of
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Recently HRD Antwerp had come across near-colourlessrough lab grown diamonds that feature octahedral and other shapes that are characteristics or natural diamonds. This adds difficulties to visual identification of lab grown rough diamonds to less experienced traders. Previously detecting lab grown rough diamonds was easier due to the typical cubo-octahedral shape displayed by HPHT (high pres
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The second edition of METS – Machinery, Equipment, Technology and Supplies for Jewellery & Watch Industry was held 24-27 June 2015 at Kowloonbay International Trade & Exhibition Centre (KITEC). The show recorded an almost-double number of visitors from Asia besides Hong Kong, the world’s jewellery and watch making hub, said organiser HKJJA Exhibition Services Limited in a just-publishe
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During the first half of this year, according to Israel’s Economy Ministry, Israel’s polished diamond exports fell 17 percent year on year to US$2.975 billion and polished imports declined 21 percent to US$1.793 billion. Rough diamond imports to Israel dropped 21 percent to US$1.623 billion and rough exports decreased 22 percent to US$1.361 billion. The U.S. remained the largest destinati
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On 7 July 2015 Indian diamond industry associations such as the Gem & Jewellery Export Promotion Council (GJEPC), Bharat Diamond Bourse (BDB) and Mumbai Diamond Merchant Association (MDMA) organised a meeting with top 250 diamond exporters to discuss the market and issues faced by the diamond industry such as the absence of profitability due to low demand, bankruptcies that affected the availa
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The credit profiles of the cut and polished diamond sector in India is believed to moderately deteriorate in medium term while a healthy growth for the gold jewellery sector is anticipated, said Care Ratings in a recent report. According to the leading credit rating agency in India, the lacklustre diamond manufacturing sector in the country is a result of sluggish demands in some of the key marke
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The Singapore Diamond Investment Exchange Pte Ltd (SDiX) on 1 July 2015 announced it will launch the world’s first commodities exchange with physicallysettled diamonds in Singapore in September this year. According to a statement from SDiX, the new platform will utilise exchange technology to create a new marketplace for the global diamond trade, which is designed to deliver price transparency
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People in Japan are selling jewellery for cash at a record pace as the population ages and the economy weakens, according to a recent Bloomberg report. Exports of second-hand diamonds in Japan increase by 77 percent to 38,032 carats this year, the highest since 2007, despite the fact that Japan is not a mining country and it was the second largest diamond buyers less than a decade ago, said the r
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JNA Awards 2015 announced shortlisted finalists on 25 June 2015, the first day of the Hong Kong Jewellery & Gem Fair. A total of 49 Honourees representing 31 companies from 10 countries or regions have been selected by the judging panel that is composed of five industry experts: James Courage, chairman of Responsible Jewellery Council (RJC), Albert Cheng, managing director of the World Gold Co
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The Israel Diamond Institute Group of Companies (IDI) will bring a total of 67 companies to the June Hong Kong Jewellery & Gem Fair, 25-28 June, under the Israel Diamond Pavilion located in the diamond area in Hall 3B, 3C and Concourse. Already in service, the ‘Find Your Diamond’ system (www.findyourdiamond.net) facilitates searches of all Israeli exhibitors’ offerings at the show. Thre
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The Istanbul Chamber of Jewelry (IKO), jewellery trade organisation in Turkey, and the World Jewelry Hub (WJH), the first dedicated business centre in Latin America for the diamond, coloured gemstone and jewellery sectors, have concluded a Memorandum of Understanding on 18 June 2015. According to the MOU, the two sides will cooperate in the growth and development of the jewellery industries and m
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Members of the British Jewellers’ Association (BJA) and the National Association of Goldsmiths (NAG) voted to unify the two organisations into the National Association of Jewellers (NAJ) on 16 June at Goldsmiths’ Hall in London. Representing over 2,000 businesses, the NAJ “will strengthen the provision of education, training and lobbying government with a clear vision on raising standards�
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Tiancheng International's jewellery and jadeite spring auction 2015 was held on 14 June in Hong Kong achieving a total of HK$300 million or US$38 million. The sale was led by eight lots sold above HK$10 million. The jadeite and diamond demi-parure consisting eight intense emerald green jadeite cabochons and a total of 73.55 carats diamonds was sold to a phone bidder for HK$29.5 million or US$3.78
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The Women’s Jewelry Association (WJA) awarded US$12,500 worth of grants to 25 female members who were in good standing and seeking for professional growth. Funds were raised by the association and its chapters in the U.S. All applications were reviewed by the WJA Member Grant Committee. “Professional women in the jewellery industry often need funds to explore their chosen fields more full
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Richemont Executive Chairman Johann Rupert has invited rivals LVMH and Kering to invest in new online luxury store Yoox/Net-a-Porter to compete with Amazon. In March this year Richemont agreed to sell Net-a-Porter to Italy’s Yoox in an all-share deal to create an industry leader in the online luxury retail market. The combined annual sales of the two platforms amount to about €1.3 billion in
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The International Colored Gemstone Association (ICA) has elected new board of directors at a board meeting during the 2015 Congress. Benjamin Hackman was re-elected president for a second two-year term, Damien Cody and Santpal Sinchawala are now vice-presidents. New to the board include Gabriel Angarita from Colombia, Stephan Reif from Austria, Alice Muthama from Kenya, Warren Boyd from Canada, J
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The Antwerp World Diamond Centre (AWDC) and the Diamond Administration of China (DAC) signed a memorandum of understanding that aims to reinforce cooperation between the two diamond centres, at an Antwerp-Shanghai Investment Forum in Antwerp on 4 June 2015. The wide-ranging agreement will oversee the bilateral exchange of information and data about market and industry trends, jointly promo
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The Indian government announced the reduction of the import tariff value of gold and silver on 1 June 2015. The import tariff value of gold was slashed by nearly 3.27 percent, from the existing US$398 to US$385 per 10 grams, while the import tariff value of silver was reduced by over 4 percent, from US$567 to US$544 per kilogram, according to the Central Board of Excise and Customs. The import t
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A collection of jewellery comprising of jadeite, diamonds, natural pearls and more from K’ung Hsiang –Hsi (1880-1967), who married Soong Ai-ling (1889-1973) was auctioned at Christie’s Hong Kong Magnificent Jewels sales on 2 June 2015. While the whole collection realised HK$112.6 million / US$14.6 million, which is seven times its low estimate, the top lot of the collection, a jadeite and di
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International Gemological Institute (IGI) Hong Konghas recently certified a 10.02-carat square-emerald cut synthetic colourless diamond which is believed to be the world’s largest HPHT diamond. The stone, according to IGI, was cut from a record-breaking 32.26-carat piece of man-made rough, grown by New Diamond Technology LLC, St Petersburg, in less than 300 hours. The type IIa, VS1, E stone was
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Seven major diamond mining companies have agreed to form the Diamond Producers Association (DPA) on 27 May 2015, declaring their intention to work together to support the development of the diamond sector, and asserting that the DPA will play an important and positive role in this sector. The founding members are: Alrosa, De Beers, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporatio
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Hong Kong’s eco-chic jewellery brand niin has launched its spring/summer 2015 Zayah Collection featuring recycled natural materials. A press presentation and a following VIP launch were held yesterday at 10 Chancery Lane Gallery, Central. ‘Zayah’, according to niin, is a traditional Tibetan girl’s name depicting mystery and creativity, the attributes of independent women of self-confidenc
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Chan Chi Keung, education director of The Gemmological Association of Hong Kong (GAHK), who had travelled to Colombia in April, gave a presentation on “Emerald mines in Chivor & Muzo, a report of recent research to these mines” at Hong Kong Jewelry Manufacturers' Association (HKJMA) on 27 May 2015. The first part of the seminar focused on Chan’s visit to the Chivor region, which is loca
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Commercial Bank of Dubai and DMCC (Dubai Multi Commodities Centre) Tradeflow have partnered with Rocks International to launch ‘Loans for Diamonds’ to provide trade finance loans by using diamonds registered with DMCC Tradeflow as collaterals. While DMCC Tradeflow will act as the central registry, Commercial Bank of Dubai will serve as the financer and Rocks International as the independent co
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Tiancheng International, Hong Kong, will be holding its jewellery and jadeite spring auction on 14 June 2015 at the Admiralty headquarters. Highlights among the nearly 270 jewellery items include the biggest Harry Winston emerald necklace at auction. The HW pendant necklace set with a 42.88-carat natural Colombian Muzo emerald and diamonds together weighing approximately 73.00 carats with an esti
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The Gems and Jewellery Export Promotion Council (GJEPC) released the latest official monthly dada on 19 May 2015, indicating that total exports of gems and jewellery in April 2015 recorded US$2,436.65 million as compared to US$2,736.11 million last year. Exports of cut and polished diamonds dropped by 11.03 percent year-on-year from US$1,838.54 million to US$1,635.71 million, and gold jewellery (p
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In 2016 MJSA Expo New York will move to Jacob K. Javits Convention Centre and will run alongside JA New York Spring Show during 13 to 15 March. The two shows will run independently but an agreement had been reached to allow qualified attendees to access all exhibitors and sessions in the two shows. MJSA (Manufacturing Jewelers & Suppliers of America) President and CEO, David W. Cochran, said
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The Gemological Institute of America (GIA) has issued a laboratory alert to the trade saying it suspects nearly 500 colourless to near colourless diamonds submitted primarily to its laboratory in Israel have potentially been subjected to an undisclosed temporary treatment. The laboratory said the diamonds treated in this way have been submitted by just a few clients. The treatment, according to G
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Sotheby’s Geneva Magnificent Jewels & Noble Jewels auction fetched SFr149.9 million or approximately HK$1,272.9 million, which is the highest total for any jewellery auction, on 12 May 2015. A ring, called ‘Sunrise Ruby’, set with a 25.59-carat Burmese ruby hit three world records when it was sold for SFr28.25 million or approximately HK$239.96 million. This top lot ruby ring, one of fo
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Christie’s Geneva smashed a world auction record for a Kashmir sapphire at its magnificent jewels sale held on 13 May which fetched a total of SFr91,246,875 (US$97,515,535). The top lot went to a rectangular fancy vivid pink diamond ring of 5.18 carats which sold for SFr10,021,000 (US$10,709,442). A 35.09-carat cushion-cut Kashmir sapphire ring achieved SFr6,885,000 (US$7,357,999), setting a wo
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Swiss watchmaker IWC Schaffhausen has announced the launch of ‘IWC Connect’, a device initially embedded into the straps of the Big Pilot’s Watches tracking the wearer’s activities. The new move marks another luxury watch brand responding to the smartwatch trend after TAG Heuer, Montblanc and Frédérique Constant. “Seeing that many of our customers and brand ambassadors are wearing c
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Chavana, fine jewellery brand from Thailand, is making its debut in Hong Kong at ISA Boutique by the end of May this year, said Jennifer Tse, Chavana’s partner in Hong Kong, at a media preview yesterday. Just launched in 2014, Chavana is led by the fourth generation of the Chavanaves family in celebration of the 100th anniversary of Mian Teck Jewelry Export Co Ltd which is now under the leaders
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JNA Awards 2015 announced the independent judging panel this year on 5 May 2015. Three of them continue on in their roles as judges since the event’s launch in 2012. They are James Courage, chairman of the Responsible Jewellery Council (RJC); Albert Cheng, managing director of the World Gold Council (WGC), far east; and Lin Qiang, president and managing director of the Shanghai Diamond Exchange
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Gaetano Cavalieri, CIBJO President released a special report covering the organisation’s activities and industry agenda during the occasion of CIBJO Congress 2015 held in Salvador da Bahia, Brazil. The report highlighted the importance of supporting SMEs in the jewellery trade among other issues. Cavalieri draw the industry’s attention to challenges faced by SMEs that were slowing driving
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Charles & Colvard Ltd, the United States, has recently published its financial results for Q1 2015, saying it is “the strongest first quarter revenues in 10 years” with improvements shown in all business segments. The company’s Q1 2015 sales increased 38 percent to US$8.4 million compared with US$6.1 million in the year-ago first quarter. The wholesale business revenue increased 15 perc
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Recently, Thomson Reuters GFMS Gold Survey 2015 Q1 announced global gold consumption review and outlook, releasing that the world gold jewellery consumption fell by 6.7 percent year-on-year to 527 tonnes in Q1 2015, which is the lowest first quarter level since 2012, as price sensitive markets held off on purchases. In China, 24-karat investment material experienced a decrease to 190.9 tonnes
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Chemical Vapour Deposition (CVD) diamond producer Scio Diamond said on 27 April 2015 that a manufacturing expansion will be completed in May,which will “more than double” its lab-grown diamond production. The company is adding new diamond growing reactors and refitting its current reactors with larger growing plates. Plans for expansion began in December 2014, when the company received US
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HRD Antwerphas recently announced the appointment of Peter Macken as new CEO. He will take on the position on a full-time basis by the end of August 2015, following his part-time service starting 1 June. In a bid to strengthen its presence in Southeast Asia, HRD Antwerp has also announce the appointment of Yichun Wang (Wayne Wang) as new managing director for its operations in greater China, whil
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Sotheby’s New York Magnificent Jewels achieved a sale total of US$65 million or approximately HK$507 million on 21 April 2015, marking a new record total for a jewellery auction at the company’s New York salesroom. The top lot, a 100.20-carat ‘Perfect Diamond’ in a classic emerald-cut, was bought for US$22 million or approximately HK$172 million. 10 jewels exceeded US$1 million, including
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Fewer rough diamonds were traded in Antwerp in Q1 2015 over the same period in 2014, while the polished trade remained relatively stable, said the Antwerp World Diamond Centre (AWDC). During the first three months of 2015, exports of rough diamonds in Antwerp declined 14 percent in carats to 25.7 million and 21 percent in value to US$3.2 billion. The rough import side followed the same trend with
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The “GOLDITALY / GOLDSTAR: NECK-À-PORTER” exhibition was held in Shenzhen from 8 to 10 April 2015 by OroArezzo. It was a collaboration between OroArezzo, Arezzo Fiere e Congressi and a Chinese gold company Shenzhen Yuehao Jewelry Co. Ltd, which helped promote OroArezzo in Asia. The jewellery displayed included 25 necklaces handcrafted by the master goldsmiths of Arezzo. The precious crea
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Christie’s New York Magnificent Jewels saleon 14 April 2015 totalled US$41.9 million or approximately HK$324 million, and was 77 percent sold by lot and value.A four-strand natural coloured saltwater pearl necklace was bought for US$5.093 million or approximately HK$39.477 million fetched a world record price for any natural coloured pearl necklace sold at auction, and the top lot was a platinum
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LVMH Moët Hennessy Louis Vuitton, the world’s leading high quality products group, reported on 13 April that its revenue increased by 16 percent in the first quarter of 2015 to €8.3 billion with an organic revenue growth of 3 percent compared to the same period in 2014. Revenue of the Watches and Jewelry business group grew by 19 percent from €607 million in Q1 2014 to €723 million in Q1
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Prior to the AGM to be held in Mumbai on 13 April, Responsible Jewellery Council (RJC) has announced the restructuring of the management team. The role of executive director (ED) will be introduced in place of a CEO. “This is in line with the practice elsewhere in many non-profit organisations,” said RJC. Catherine Sproule, RJC’s long serving COO, will work with the ED to provide continuity
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Platinum Guild International (PGI®) published the ‘PGI’s 2014 Retail Trade Barometer’ report in London on 8 April 2015. Based on four key platinum markets, including China, Japan, the US and India, which accounted for 92 percent of platinum jewellery global demand, the report showed that the market was able to sustain its stable sales performance in 2014. As the biggest platinum jewellery c
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Myanmar has reduced the import and production taxes for gemstones and jewellery by as much as nearly 70 percent since 1 April 2015. Under the country’s 2015-16 tax law, the import tax for jade, rubies, sapphires, emeralds, diamonds and other precious stones has been reduced by half from 30 percent to 15 percent, while jewellery set with those stones is now subject to a five-percent tax, from the
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Held on 6 April 2015 in Hong Kong, Sotheby’s ‘Magnificent Jewels and Jadeite’ sale achieved HK$290,177,500 (US$37,202,244) in total. The lots had been exhibited in Shanghai, Beijing, Singapore, Taipei, Kaohsiung and Hong Kong during March and April prior to the auction. Out of the 317 lots offered in total, 213 were sold. Sold for HK$19,880, 000 (US$2,548,178), the most expensive lot was a
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The De Beers Group of Companies started the 2015–18 Global Sightholder Sales (GSS) contracts on 31 March. The qualification process is updated by increasing third party confidence in GSS customers’ corporate transparency and financial robustness, according to the company. The new contract period includes 84 sightholders and two Accredited Buyers, a newly added category. Under the new contract
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The second edition of METS – Machinery, Equipment, Technology and Supplies for Jewellery & Watch Industry will be held on 24-27 June 2015 at Star Hall, Kowloonbay International Trade & Exhibition Centre (KITEC), Hong Kong. Show organiser HKJJA Exhibition Services Limited is glad to have a strong participation of renowned machinery and equipment suppliers from Turkey, one of the world’s
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The Antwerp World Diamond Centre (AWDC) addressed the Belgian government’s decision to introduce a new tax system that calculates diamantaires’ taxes based on a fixed percentage of their turnover instead of profits and losses. Despite that it means heavier taxes for diamond traders, Ari Epstein, CEO of AWDC said “diamantaires are willing to pay higher taxes in exchange for financial predicta
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A special conference on the standards and practices used by grading laboratories in the industry will be held on 6 May, the first day of the 2015 CIBJO Congress, according to CIBJO. "Over the past two decades, changing business conditions and evolving consumer expectations have resulted in diamond, coloured stone and pearl laboratory reports to become necessities in our trade," said CIBJO pre
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Aaron Shum Jewelry’s signature brand CORONET partnered with Chow Tai Fook and Gibson Brands to create the CORONET® Diamond Gibson Guitar. Adorned with over 400 carat diamonds set in approximately 1.6kg of 18-karat 750 gold and valued at USD$2 million, it was verified by a Guinness World Records adjudicator to be the most valuable guitar. The launching ceremony of the CORONET® Diamond Guit
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Luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton recorded an increase of 6 percent in revenue in 2014 over the previous year, said an official reported dated 3 February, with jewellery sales outperformed watches which faced “cautious purchasing behavior of multi-brand watch retailers”. The Watches & Jewelry group recorded organic revenue growth of 4 percent. Profit from recurri
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Antwerp World Diamond Centre (AWDC) has recently released a diamond trading annual report which confirms its leading role in the global diamond trade while remaining a preferred partner for diamond trade worldwide. According to the report, a total of 227.2 million carats of rough and polished diamonds were traded in 2014, with a total value of US$58.8 billion. Both exports and imports of rough d
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The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) is celebrating its 50th anniversary this year. Celebration events include an evening banquet held during METS 2015, an HKJJA trade show of jewellery and watch machinery and supplies, at Kowloonbay International Trade & Exhibition Centre (KITEC), Hong Kong. Riding on the 50th anniversary, HKJJA would gear more resources and e
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The 4th International Jewellery Design Excellence Award 2015 held by the Hong Kong Trade Development Council announced results on March 5 during the 32nd Hong Kong International Jewellery Show. Around 200 previous champions in jewellery design competitions from 31 countries and regions participated in this competition to compete for the ultimate award. Russian designer Timofey Teplinskiy won the
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With the support from Diamond Federation of Hong Kong (DFHK) members and jewellery industry representatives, DFHK held the “Natural Diamond Quality Assurance” Mark Scheme (NDQA Mark Scheme) launching ceremony at the Hong Kong Convention and Exhibition Centre on 4 March 2015. The scheme provides consumers with natural diamonds quality assurances, which further protects consumers’ rights, stre
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The JNA Awards 2015, organised by JNA, has made some adjustments to the award categories in a bid to allow more candidates to participate in the annual event. The 16 categories announced at the press briefing on 6 March 2015 are: 1. Lifetime Achievement Award 2. 3 Decades of Excellence* 3. Brand of the Year - Retail 4. Employer of the Year 5. Industry Innovation of the Year* 6. Manufacturer
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Forevermark posted a 20-percent growth in the number of retail stores in 2014 over 2013, totalling 1,542 stores across 34 markets, reported the diamond brand of De Beers on 27 February 2015. Demand from the United States and the growing middle class in India and China were said to account for the impressive growth. “With Forevermark achieving sales at a retail value of around US$750 million a y
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Jointly held by the Hong Kong Trade Development Council, the Hong Kong Jewellers’ & Goldsmiths’ Association, the Hong Kong Jewellery & Jade Manufacturers Association, the Hong Kong Jewelry Manufacturers’ Association and the Diamond Federation of Hong Kong, China, the 16th Hong Kong Jewellery Design Competition had announced its results on February 24, 2015 during the press conference
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The 2nd edition of the Diamond, Gem & Pearl Show and the 32nd edition of the Hong Kong International Jewellery Show will be held next week in AsiaWorld-Expo from 2-6 March and the Hong Kong Convention and Exhibition Centre from 4-8 March respectively. As one of the biggest global jewellery trading platforms, the two-venue show has attracted over 4,300 exhibitors from 52 countries and regions.
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Kering Group reported that revenue rose 4 percent year on year to 10,038 million euros in 2014. Cost of sales increased 3.5 percent to 3,742 million euros, so gross margin improved 4.2 percent to 6,296 million euros. The group's share of profit greatly improved to 528.9 million euros compared with 49.6 million euros in 2013. The report said that the group's luxury brands performed very well i
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The January 2015 statistics of the Fancy Color Diamond Index™ (FCDI) developed by The Fancy Color Research Foundation (FCRF) shows that price level of fancy coloured diamonds remained “stable” against falling commodity prices in Q4 of 2014. The Index was first launched in November 2014 to track and analyse the change in market price of coloured diamonds as an alternative asset class. It is
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According to the World Gold Council's Gold Demand Trends (GDT) released on 12 February 2015, the global demand for gold jewellery witnessed a drop by 10 percent to around 2,153 tonnes in 2014, though it was above the five-year average. Full year gold demand totalled 3,923.7 tonnes in 2014 from 4,087.6t in 2013, says GDT. The 4-percentyear-on-year drop was unsurprising as consumer demand was never
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The just-released Pantone’s Fashion Color Report Fall 2015 features top 10 colours that can be worn across men’s and women’s fashion. “It is the first time we are seeing a truly unisex colour palette,” says the colour authority. “This season displays an umbrella of accord that weaves earthy neutrals with a range of bold colour statements and patterns to reflect a landscape of hope, fu
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Antwerp World Diamond Centre (AWDC) just released its diamond trading annual report which confirms its leadership role in the global diamond trade while remaining a preferred partner for diamond trade worldwide. According to the report, a total of 227.2 million carats of rough and polished diamonds were traded in 2014, with a total value of US$58.8 billion. Both exports and imports of rough diam
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Sotheby’s global jewellery auctions fetched a total of US$602.5 million in 2014, marking new heights for the third consecutive year, said the auction house on 30 January. For diamonds, Sotheby’s holds world auction records for four diamond colours namely white, pink, blue and yellow. Among them was The Zoe Diamond which was sold at US$32.6 million (HK$254.6 million) achieving the highest auct
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Coloured gemstone laboratory reports and services provided by Bangkok-based Asian Institute of Gemological Sciences (AIGS) can now be obtained via Diamond Services Ltd, Hong Kong, starting January this year, according to a statement jointly released by both parties on 28 January 2015. Under the new arrangement, Diamond Services will act as a drop-off window for the trade in the Hong Kong to submi
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The Gems and Jewellery Export Promotion Council (GJEPC), India, released its latest figures for its exports performance for gems and jewellery recently. Gold bars and gold jewellery exports were valued at US$554.45 million, almost same as the same monthof 2013. From April to December 2014, gold jewellery exports surged 37.45 percent year-on-year to US$7.6 billion. Exports of coloured gemstone
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The 32nd term (2014-16) council of management of the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) has been formed. New board members have assumed office on 17 November 2014. Honorary Board Committee Position Name Company Name Honorary Permanent President Charles Chan, BBS, JP Continental Jewellery (Mfg) Ltd. Pre
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Antwerp-based company Diamaz International submitted two diamonds to the International Gemological Institute (IGI) recently. These diamonds were issued report as the largest, with highest colour and flawless man-made diamonds ever seen at the IGI Antwerp laboratory, according to Herman Brauner, co-founder and head of the IGI Laboratory. Both diamonds are over 1 carat and are certified as D colour
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The Chinese Gold and Silver Exchange Society (CGSE) announced at the 3rd Annual International (Silver) Conference to establish a precious metal trading platform in Qianhai Shenzhen, which aims to meet the demand for industry in the southern China. By 20 November 2014, there are 17,353 companies registered in Qianhai, among including 1,000 Hong Kong companies. Sixty-eight CGSE member companies hav
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Chow Tai Fook Jewellery Group Limited (CTF), a world’s leading jeweller with 85 years of history, staged the finale to its 85th anniversary celebration with a special high jewellery exhibition and show at the China Arts Museum in Shanghai on 28 November 2014. Hosted by Dr Henry Cheng, chairman, and joined by managing director Kent Wong, executive directors Adrian Cheng, Conroy Cheng, Chan Sai Ch
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The Dr Eduard Gübelin Association for Research & Identification of Precious Stones was founded in 2003 by Eduard Gübelin, the third generation of the Gübelin family dedicating to gemmological research. On 18 September 2014, the association announced Gemma Emily Roberts, a PhD student of the University of Sydney, as the winner of its first research scholarship at the September Hong Kong Jewe
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Slowing demand in China, reduced bank credit and tight profit margins led to a decrease in polished diamond prices last year, according to the RapNet Diamond Index (RAPI). RAPI showed that the price of 1-carat laboratory-graded diamonds was down the most, by 8.7 percent in 2014. This was followed by 3-carat and 0.3-carat diamonds, which saw a price decrease of 6.6 percent and 6.5 percent resp
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The World Gold Council (WGC) has recently appointed Roland Wang as managing director for China market. According to WGC, Wang will work closely with Albert Cheng, managing director for the Far East, to further develop the Chinese market. Wang was former WGC general manager for China and later became the president and general manager of a gold investment and jewellery company in mainland China.
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Jewelers of America (JA), the national trade association for businesses serving the fine jewellery marketplace, has acquired National Jeweler from Emerald Expositions, the owner of the JA New York shows, Couture and the U.S. Antique & Jewelry shows, said both parties on 9 January 2015. The acquisition will take effect later this month. Both organizations will remain and act independent of eac
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Hong Kong exports are seeing a growth of four to five percent in 2015, says Stanley Lau, chairman of the Federation of Hong Kong Industries (FHKI). He is positive about the future of technology products including electronic products, automated facilities and environmental industries; for traditional industries such as jewellery and watches, he anticipates a stable growth by single digit. Accordin
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Montblanc has unveiled the e-Strap band integrated smartwatch designed specifically to pair with Montblanc's TimeWalker watches. The TimeWalker Urban Speed e-Strap is an interchangeable strap with an integrated technology device that offers activity tracker, smart notifications, remote controls and Find-Me functions. The strap connects via Bluetooth to selected Android and iOS smartphones. The o
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The 10th China International Gold, Jewellery & Gem Fair – Shanghai concluded with more than 7,000 visitors from 32 countries and regions passing through its doors. Held from 6 to 9 November 2014 at the Shanghai World Expo Exhibition and Convention Center, the fair featured 340 exhibitors from 21 countries and regions in over 17,000 square metres of exhibition space, according to a report dat
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The Asian Gemmological Institute and Laboratory (AGIL) held its 31st anniversary dinner and FGA/DGA diploma award presentation ceremony on 11December 2014. Joey Wong, one of the graduates, received an outstanding student award from AGIL’s principal Dominic Mok celebrating her achievement of the Deeks Diamond Prize 2014 as the world’s best theory candidate of the year in the diamond diploma exa
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The Chinese Gold & Silver Exchange Society (CGSE) has met over 10 industry leaders from the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) recently at its headquarters in Sheung Wan. Guests were also invited to visit CGSE’s subdivision Hong Kong Precious Metals Assays Centre for the chemical testing procedures of gold. Steven Chan, president of CGSE said that the assaying
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Fiera di Vicenza (FdV) is launching the boutique show in VICENZAORO January 2015. This is a new format developed for the gold jewellery section.Exhibitors are classified by reference values, type of production and purchasing procedures. “Vicenzaoro boutique show is a complete new concept for the high-end gold and jewellery trade,” said Matteo Marzotto, president of FdV. “It involves a d
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Scio Diamond Technology Corporation announced it has closed US$2.5 million in growth funding from Heritage Gemstone Investors (HGI) to double production of its lab-grown diamonds and refinance debt. The funding will be used to refinance a US$1.5 million loan from Platinum Capital Partners at more favorable terms, reducing Scio Diamond’s borrowing costs by more than 10 percent. The doubling capa
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The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) has recently enhanced its website (www.JJA.com.hk) by providing members and the trade with a resourceful platform for useful information on the global jewellery industry. Apart from the latest update on HKJJA, the international jewellery trade, design trends and world news, JJA.com.hk also carries regularly-updated currency exch
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President of the World Diamond Council (WDC) Edward Asscher said at the WDC conference in New Delhi, India, that unity is key to the future growth of the global diamond industry. “The mandate of the World Diamond Council is to do everything to promote, support and defend the Kimberly Process and to represent the industry in negotiations with the governments,” Asscher said. “Today the WDC al
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Jewelry by Artist has created the first cultured pearl to contain near field communication (NFC) technology. The NFC-empowered Momento Pearl™ allows a user to create a tailored voice message that can be played when the pearl is tapped against a compatible mobile device. The patent-pending Momento Pearl™ can also save a variety of digital content including images, messages and videosby implant
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The 44th term executive and supervisory committee members of the Chinese Gold & Silver Exchange Society (CGSE) were elected on 12 December 2014. Steven Chan Sheung Chi of Peace Town Gold & Silver Company Limited has become the new president (2nd left), two vice-presidents are Wilson Cheng of Chow Tai Fook Jewellery Company Limited (2nd right) and Tse Moon Chuen of Luk Fook Bullions Dealers
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The rough ruby auction held by London-based Gemfields plc from 3 to 8 December 2014 in Singapore fetched a total of US$43.3 million (US$689 per carat), the highest ever achieved total and carat price at any Gemfields auction. Predominant at the auction were higher quality untreated goods extracted by Montepuez Ruby Mining Limitada (in which Gemfields have a 75-percent interest) from the Monte
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The Chinese Gold and Silver Exchange Society (CGSE) announced at the 3rd Annual International (Silver) Conference to establish a precious metal trading platform in Qianhai Shenzhen, which aims to meet the demand for industry in the southern China. By 20 November 2014, there are 17,353 companies registered in Qianhai, among including 1,000 Hong Kong companies. Sixty-eight CGSE member companies
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A natural jadeite pendant necklace and a matching ring was sold at HK$92.04 million at the Tiancheng International Jewellery and Jadeite auction held on 7 December 2014, setting a new world auction record for cabochon jadeite suite. Jewellery department director, Stewart Young, said: “We are very pleased to see such an enthusiastically-received sale today, with bidders joining from China, Hong
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第32屆（2014-2016）理事會 The 32nd Term Council of Management (2014-2016) 永遠榮譽委員會 Honorary Board Committee 職銜 Position 姓名 Name 商號名稱 Company Name 永遠榮譽理事長 Honorary Permanent President 陳聖澤 Charles Chan, BBS, JP 恒和珠寶首飾廠有限公司 Continental Jewellery (Mfg) Ltd.
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Hong Kong’s polished diamond imports rose 9.4 percent year on year to US$14.948 billion for the first nine months of 2014, according to the Diamond Federation of Hong Kong, China Ltd (DFHK). Imports declined 4.2 percent to 16.22 million carats by volume. Polished diamond exports jumped 17.7 percent to US$10.472 billion, leaving net imports of US$4.476 billion, down approximately 6 percent compa
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The Christmas business is extremely crucial for global jewellery and watch makers. According to the Federal Association of Jewellers, Jewellery and Watch Retailers, Germany, two thirds of the gifts are purchased in December, cited by Messe München GmbH, organizer of Inhorgenta Munich. A survey conducted by the German Retail Federation suggests the 2014 jewellery and watch sales forecast will be o
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The 22nd edition of Hong Kong International Jewelry Manufacturers’ Show started on 27 November 2014 well through 30 November at the Hong Kong Convention and Exhibition Centre (HKCEC) in Wanchai. At the opening ceremony Adam Lau, chairman of show organizer Hong Kong Jewelry Manufacturers’ Association (HKJMA), said due to limited space the fairground could not entertain all exhibition requests.
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A group of luxury jewellery designers around the globe are creating a collection featuring exclusive designs which centredwith csaritegemstones, according to Milenyum Mining Limited. Initiated by designer Erica Courtney, this new collection is scheduled to launch at the Tucson gem show early next year. The world’s largest csarite, a 121.65carat pear-shaped gemstone, will be the focal point o
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New world auction records were set at Sotheby’s New York jewellery sale on 21 November 2014 when a 9.75-crat fancy vivid blue diamond was sold for US$32.6 million (approximately HK$254.6 million). The pear-shaped blue stone from the collection of Mrs Paul Mellon sold to a Hong Kong private collector who has named the stone The Zoe Diamond claims a new world auction record total price for any bl
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The World Gold Council (WGC) released its latest Gold Demand Trends report saying that during the third quarter of 2014 the total demand for gold from Greater China fell 37 percent to 194.1 tons, with mainland China at 182.7 tons. Despite the sharp drop in Chinese demand in the third quarter, the WGC said comparing to 2012, Chinese demand was comparable versus the same period. The report also m
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Dubbed the most influential jewellery event in the Middle East by organiser Dubai World Trade Centre (DWTC), the Dubai International Jewellery Week will be opening its 19th edition on 3 till 6 December 2014 to both trade visitors and general public. The show will welcome leading international brands, regional manufacturers and distributors, retailers, jewellery designers and buyers looking to sel
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The Gemological Institute of America (GIA) recently announced its suspended diamond sealing service effective on 3 November 2014. The action is due to the fact that GIA has received a sealed diamond for verification that did not match the data label in its sealing packet. At this stage, the institute is examining the circumstances surrounding the submission to determine the source of the sealing
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Alibaba’s sales in China totaled RMB 57.112 billionon Singles’ Day, which is also called Anti-Valentine’s Day that takes places every 11 November in China. Alibaba stated that it shipped RMB 1.707 billion orders that day, 42.6 percent of which were placed through mobile devices. Blue Nile participated in this year’s sale on Tmall Global, Alibaba’s platform for brands, by offering diamo
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Neclumi, a projection-based interactive necklace recently invented by panGenerator, a new media design and art group in Warsaw, Poland, is perhaps the first intangible wearable object on earth. “We predict that wearable projection and projection-based jewellery become a reality in a few years,” says the website. All it requires are a picoprojector connected via HDMI cable attaching to the wea
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Tiancheng International is going to hold the jewellery and jade autumn auction at its Hong Kong headquarters on 7 December. More than 300 lots of fine jewellery will be showcased, with a total estimate of HK$530 million. In this edition, the auction house will present Jenny Tseng Jewellery Charity Auction. Fifty lots of jewellery in total with an estimate of HK$11 million will be offered includin
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Kingold Jewelry Inc, one of Mainland China's leading manufacturers and designers of 24-karat gold jewellery, ornaments and investment products, signed a Cooperation Agreement of Precious Metal Products with Hubei Bank Corporation Limited on 28 October，2014. Under the agreement, Kingold will design and manufacture 24-karat gold investment-oriented products, including coins, bars and ornaments for
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Coffee bigname Starbucks has recently adopted a new policy that forbids store baristas and workers to wear some sorts of jewellery at work. According to Komo News, based on FDA food safety guidelines, the new rules allow tattoos, nose studs, but no watches, bracelets or engagement rings with stones. Plain wedding bands without stones, necklaces under clothing are allowed. “Starbucks new jewell
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The International Colored Gemstone Association (ICA) is now inviting worldwide graphic designers to design a new logo for the association to celebrate its 30th anniversary in 2015. The current logo has been used since ICA’s inception in 1985. ICA expressed that 2015 is a perfect time to approach the public with the strength of a well-established organization that overcame three decades of extre
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Lab-grown diamond companies SCIO Diamond Technology Corporation and Renaissance Diamonds Inc announced that they have signed a memorandum of understanding for a joint venture to develop and deliver lab grown fancy coloured diamonds with certification to the gemstone and jewellery market. Renaissance Diamonds has developed an in-store distribution program that will be launched in Q1 2015 at one of
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On 20 October 2014, Coborn Engineering Ltd acquired a license of the patented grain independent polishing technology developed by the Scientific Research Centre for Diamonds (WTOCD). According to Belgium-based WTOCD, the license will extend the existing technological cooperation between WTOCD and Coborn, UK, with the machining of diamond materials for industrial applications. The license is gran
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Chow Tai Fook (CTF) reported on 15 October that the group recorded a 10 percent decrease in retail sales value in Q2 2014 as compared to the same period last year.The decrease was due to the high base resulted from the gold rush in Q1 2014 as a result of a sharp fall in international gold prices. The same-store sales growth in Mainland China was lowered 12 percent while Hong Kong, Macau and other
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To mark the 90th anniversary of business this year, Valenza-based Damiani Group has launched a limited edition of fine jewellery comprising 10 designs, each inspired by a decade of the Group’s history from 1924 to date. Only nine pieces are made for each design. Silvia Damiani, vice president of the jewellery house, came to Hong Kong with the magnificent Damiani 90th Collection sharing her joy
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The Responsible Jewellery Council (RJC) announced that more than 400 members have achieved certified member status under the RJC Code of Practice (COP) at the beginning of October. In other words, over three quarters of the total 532 members are now certified; while the remaining companies are still working towards their two year deadline after joining RJC. The certified members represent almost
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LVMH Moët Hennessy Louis Vuitton has announced a 4-percent increase in revenue to 21.4 billion euros over the first nine months of 2014, with its watches and jewellery business achieving organic revenue growth of 5 percent to over 1.9 billion euros. “The third quarter showed a notable acceleration in jewellery segment, driven notably by Bulgari, while watches continued to be impacted by the ca
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Blue Nile Inc announced the launch of its new mobile shopping app which allows consumers to virtually ’try on’ a Blue Nile engagement ring and share it through social media, text messages, or email as a subtle hint to that special someone. The app also gives users access to Blue Nile’s Build Your Own Ring® section. Potential buyers can choose from seven different categories and styles. By
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The diamond trade in Antwerp, Belgium, fared well in September 2014 with stronger year-on-year figures of rough and polished diamond imports and exports. The traditionally-quiet August and the Jewish holidays in October (instead of in September as for 2013) are the attributes of a better September this year, according to an Antwerp World Diamond Centre (AWDC) trade report dated 13 October. I/
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Global demand for diamond jewellery reached a record high of US$79 billion in 2013 according to DeBeers' Diamond Insight Report 2014. According to the report, demand is expected to continue to grow over the long-term, driven by the ongoing economic recovery in the United States and the growth of the middle classes in developing markets such as China and India. Sales of polished diamonds in the U
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In response to the recent press speculation over the possible merge with Swiss natural resources supplier Glencore, Rio Tinto has issued a statement confirming no discussions are taking place between the two parties. The statement said Glencore did contact Rio Tinto in July 2014 regarding a potential merger, but after consultation with its financial and legal adviser, it concluded unanimously tha
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Sotheby’s Hong Kong important watches autumn sale held on 9 October fetched a total of HK$124.3 million, setting world auction records for Patek Philippe’s specific references. According to Tim Bourne, the auction house’s worldwide head of watches, the market demonstrated the desire for the highest quality timepieces and the sale has achieved many new auction benchmarks, such as Patek Phili
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The ‘Natural Is Real’ campaign, stressing the Israeli diamond industry’s commitment to natural diamonds, will be coming back to Israel Diamond Week in New York between 10 and 13 November 2014 after the debut launch by the Israel Diamond Exchange (IDE) last year. Alon Grinker, an independent diamantaire and IDE board member, said: “The campaign was received very well when we introduced it
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At the Sotheby’s Hong Kong magnificent jewellery and jadeite sale held on 7 October, the highlighted lot, a ring set with an 8.41-carat vivid purple-pink diamond mounted by Sotheby’s Diamonds achieved HK$137.88 million, marking a new world auction record for a fancy vivid pink diamond. The auction witnessed consecutive per-carat price records for a Kashmir sapphire, first with a Cartier sapph
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Chow Tai Fook Jewellery Group Limited (CTF) just held an inauguration ceremony for its development project Chow Tai Fook Jewellery Park in Wuhan, Hubei.The group commenced production upon completion of the first stage of the first phase production facilities. The Park is a multi-billion-dollar long-term development project. CTF chairman Henry Cheng said: "The Jewellery Park is an important decisi
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Hong Kong witnessed the first drop in retail sales during the National Day holidays since the city received individual mainland visitors in 2003, with jewellery and watch sales recording the most severe dip. A retail management survey says the fewer mainland tourists and the on-going protests in key shopping areas in town have attributed to the lackluster sales. According to a recent survey condu
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London-based diamond supplier Gem Diamonds Limited sold a 198-carat Type II, D-colour diamond for US$10.6 million (US$53,746 per carat)at a recent tender in Letseng, Lesotho, according to the company’s official announcement dated 1 October. Gem Diamonds CEO Clifford Elphick stated: “The sale of this large, high quality white diamond demonstrates the continued robust demand for large high qual
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The 15th edition of Gold Silver Time (GST) jewellery and watch fair will be held from 2 to 4 October 2014 in Warsaw, Poland. Organized by the MCT International Fair Centre and PSP Visual Arts Studio, GST is expected to receive some 300 exhibitors and 6,000 international buyers. “We have noticed that businesses are coping increasingly better with the challenges of a fickle market by responding q
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A 0.89-carat diamond-diamond doublet was detected at a diamond laboratory in Antwerp recently, according to an HRD Antwerp news dated 29 September. “It is the first time that a ‘diamond-diamond’ doublet is encountered at HRD Antwerp and therefore it is important to raise awareness of the existence of this technique,” said the report. Such kind of “deception”, as called by HRD Antwerp,
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The De Beers Group of Companies’ International Institute of Diamond Grading & Research (IIDGR) showcased the new automated melee screening (AMS) device to China market through the just closed Shenzhen International Jewellery Fair and Hong Kong Jewellery & Gem Fair. The new device which can take up to 500 carats at once is a spectrometer based system that screens round brilliant diamonds
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Sotheby’s New York important jewel sale held on 23 September 2014 fetched a total of US$16,081,065 (approximately HK$125 million). The top lot, sold for US$1,505,000, went to a pair of diamond pendant-earrings topped by two round diamonds weighing 3.00 carats each, suspending two pear-shaped diamonds weighing 6.31 and 6.29 carats. It comes with three interchangeable jackets by David Webb. A pla
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For the first time Shanghai Kimberlite Diamond Co Ltd exhibited at the September Hong Kong Jewellery & Gem Fair. A ribbon-cutting ceremony was held on 17 September 2014 in International Premier Pavilion. New jewellery pieces The Glory of Dawn and Sun Goddess as well as over 100 pieces of fine jewellery were showcased during the fair, drawing many attendees to stop by the booth. As one of the
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Sarine Technologies Ltd, Israel, has recentlysigned a strategic cooperation with Tiffany & Co to develop a new automated system DiaMensionTM Axiom for polished diamond’s symmetry grading. Based on microscopic magnification and advanced video imagery analysis, DiaMensionTM Axiom is a totally new solution for ascertaining a polished diamond’s proportions and symmetry. The machine sets a new
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The 54th Bangkok Gems & Jewelry Fair (BGJF54) was inaugurated yesterday by Chutima Bunyapraphasara, permanent secretary of ministry of commerce. She reassures the paramount position of the gems and jewellery industry in the country and the support of the government. She said the Thai government has given duty free privilege for traders in this fair. Gems and jewellery products traded free at
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In the coming September Hong Kong Jewellery & Gem Fair between 15 and 21 September 2014, the Antwerp World Diamond Centre (AWDC) will again lead a group of Antwerp companies to showcase their quality diamonds. Three additional companies will come on board. In total, around 99 diamond companies will exhibit in the show, making the Antwerp Diamond Pavilion as the biggest pavilion of the show. A
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Slower economic growth in Mainland China and the government’s anti-corruption campaign in 2013 have casted a shadow over Swiss luxury watch exports to China. According to the Federation of the Swiss Watch Industry FH, the total value of Swiss watch exports to China in H1 2014 recorded CHF 649.4 million, 14.6 percent drop comparing to the same period of 2012. In 2013, the export value recorded CH
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A global jewellery centre will be landed on Dongguan, Guangdong province, China. Recent news from Wen Wei Po stated that the 500-acre jewellery centre would be situated at the Science and Technology Industrial Park in Houjie town, Dongguan. The project carries a total investment of up to 3 billion yuan and is claimed to have an annual production of exceeding 100 billion yuan in value terms after t
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Organized by the Hong Kong Trade Development Council (HKTDC), the 33rd Hong Kong Watch & Clock Fair will be staged at the Hong Kong Convention and Exhibition Centre from 3 to 7 September 2014. Over 760 exhibitors from 19 countries and regions will be rolling out their latest watch designs and technologies at the five-day show, with companies from Belgium, India, Iran and UAE being the new com
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The 54th Bangkok Gems & Jewelry Fair (BGJF54) will be held from 9 to 13 September 2014 at the Impact Exhibition Center, Muang Thong Thani. Supported by the Thai government, BGJF54’s organizer Thai Gem and Jewelry Traders Association (TGJTA) has launched a number of initiatives to reinforce the country’s position as a world’s gems and jewellery hub. Tax-cut incentives include the 20-perc
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The Census and Statistics Department announced earlier that Hong Kong retail sales fell 3.1 percent to HK$38.7 billion in July 2014 over last year. It was the smallest drop over the last four months. The volume of total retail sales in July 2014 decreased by 4.5 percent year-on-year. In terms of jewellery, watches and clocks, the sales and volume were down 22.2 percent and 23.9 percent respectivel
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Fiera di Vicenza (FdV) has partnered with Jewelers of America (JA) to promote TRENDVISION Jewellery + Forecasting, an independent trend observatory and research department of FdV, according to the recent JCK news. Dedicated to analyzingand forecasting international jewellery, diamond and watchmaking trends, TRENDVISION Jewellery + Forecastinghas previously participated at the JCK Show in Las Veg
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The Israel Diamond Exchange (IDE) has postponed the summer edition of the International Diamond Week scheduled for 1 to 4 September 2014. Due to the continuing tensions with Hamas, large group of people are not allowed to gather, said IDE in a recent statement. "In view of the recent events in our region, the board of the Israel Diamond Exchange decided to postpone the Israel Diamond Week, origin
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A recent Alrosa’s report released that the first half of 2014 rough diamond prices rose by an average of 6 to 7 percent in the global market. According to Vladlen Nogovitsyn, head of Alrosa’s client policy, market players observed steady demand for rough diamonds in the United States. “The second intensely growing market is India. China has somewhat slowed its growth but that was
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On 19 August 2014 De Beers announced the launch of a programme to gain an enhanced understanding of consumer diamond reselling activity and the associated consumer experience. Operated independently by the New York-based International Institute of Diamond Valuation (IIDV), the programme will start from early September to the beginning of 2015. IIDV will work with a small number of retailers in th
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The Tanzanite Foundation, established in 2003 by TanzaniteOne, will cease operation at the end of August, according to a recent JCK report. The news was confirmed by the foundation’s executive director Hayley Henning, said the source. Tanzanite’s declining prices, poor production, prolonged problems with illegal miners and theft were said to be among the factors leading to the final decision.
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Rio Tinto’s Argyle pink diamonds tender was unveiled in Sydney in August featuring the 2014 Argyle pink diamond collection. This collection comprises 55 diamonds including 51 pink and purplish-red diamonds and 4 fancy red diamonds. The 2014 tender collection is expected to attract global demand. Rio Tinto Diamonds' managing director Jean-Marc Lieberherr said: “This is the pinnacle production
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The Gemmological Institute of India (GII) and the Gems and Jewellery Export Promotion Council (GJEPC) provided an automated melee screening (AMS) machine to the Diamond Detection and Resource Centre (DDRC) at the Bharat Diamond Bourse (BDB) on 2 August 2014. BDB president Anoop V Mehta and Rosy Blue (India) Ptv Ltd founder and chairman Arunkumar Mehta conducted the inauguration. According to Vipu
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On 28 July, the Women’s Jewelry Association (WJA) announced the winners of 2014 Awards for Excellence during its annual gala in New York, in order to recognize women's achievements in the jewellery industry. The winners in 10 categories are as follows: 1. Design: Heather B Moore, Heather Moore Jewelry 2. Manufacturer/Dealer/Supplier: Chana Regev, Carelle 3. Retail 15+ Door
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China’s gold demand fell 19 percent to 569 metric tonnes in the first six months of this year as investors bought fewer bars and coins, offsetting increased demand for gold jewellery, the China Gold Association (CGA) said. China’s demand for bars dropped to 105.6 tons in the first half from a year earlier, while jewellery consumption climbed to 426.2 tons, according to the association. Bullio
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H1 2014 production and sales for De Beers increased by 12 percent and 15 percent respectively, according to the interim results published by Anglo American on 25 July 2014. The London-based company expects continued growth in diamond jewellery demand across its key markets in 2014, primarily driven by the United States and China. De Beers’ H1 2014 production reached 16,046,000 carats, up by 12.
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The 2015 winter edition of JA New York will be rescheduled to 18 to 20 January from March, announced by the show organizer. It is said that the new show dates are to reflect the industry need to create a standalone show that would not overlap with other trade fairs. Drew Lawsky, group show director of JA New York, said: “As always, we remain committed to doing what the best for the whole indust
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Luxury jewellery house Fabergé is introducing the Fabergé Charms collection, a series of its iconic egg-shaped charms to be worn on a chain bracelet for a contemporary day to evening style. Fabergé said it is a long-standing Russian tradition to gift bejeweled egg pendants for special occasions, as tokens of love and friendship. The charms – miniature versions of Fabergé’s most popular e
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London-based Gemfields PLC and Swiss Gübelin Gem Lab co-released a statement on 23 July 2014 announcing the ‘next generation’ of disclosure on laboratory-issued gemstone certificates. The initiative is to address to the issue that existing lab reports do not disclose the name of the party presenting the gemstone to the laboratory. According to the announcement, Gübelin Gem Lab will offer
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The second annual Zimbabwe Diamond Conference, organized by the Ministry of Mines and Mining Development of the Republic of Zimbabwe, will be held between 6 and 7 November 2014 in Harare, capital of Zimbabwe. According to the latest official press release, Eli Izhakoff, honorary president of the World Diamond Council (WDC), the World Federation of Diamond Bourses (WFDB) and the World Jewellery Co
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The 31st edition of the India International Jewellery Show (IIJS) 2014 launched on 17 July, 2014 at the Bombay Exhibition Centre, Mumbai. According to the organizer, the Gem & Jewellery Export Promotion Council (GJEPC), IIJS in Mumbai generated some US$914 million in orders last year. GJEPC executive director Sabyasachi Ray said in the inauguration of the 2014 event: “There has been a stead
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According to the Israel Diamond Exchange (IDE), the Israel-Asia Chamber of Commerce recently announced that Israel’s Economy Ministry is willing to provide financial subsidies to Israeli firms to set up offices in China and India, the two most populous countries in the world, said the news on the IDI portal dated 16 July 2014. The source said the ministry has issued a tender for Israeli firms l
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On 14 July 2014, Forevermark announced that it will be expanding to the United Kingdom and Ireland this autumn and had appointed Crossworks Manufacturing Ltd as the only licensee partner who will work with a selected number of retailers to bring the brand to the region. Stephen Lussier, CEO of Forevermark said: “London is home to Forevermark’s global headquarters so this is a very important l
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Aiming to strengthen the ties between the Fiera di Vicenza (FdV) and the Israeli diamond industry, Matteo Marzotto, president of FdV, and Corrado Facco, FdV's general manager, will be guests of honor at the International Diamond Week in Israel, 1 to 4 September 2014. According to Corrado Facco, FdV is one of the top trade show organizers which is interested in strengthening the cooperation with t
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The leading online jewellery auction portal Bidz.com has plans to liquidate, said reports. Sales were closed on 12 June 2014. The website’s front page says it “is temporarily under construction” at press time. According to the reports, five vendors filed a motion at the Los Angeles federal court on 26 June wanting Bidz.com Inc to go into a Chapter 7 filing. Insolvency Services Group, which
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The Hong Kong Watch Manufacturers Association (HKWMA) elected the office-bearers of the 46th general committee (2014-2015) on 20 June 2014. Office bearers include: president David Lai; executive vice president Kenneth Wong; four vice presidents Alan Fan, Dora Ho, Enders Lam and Timothy Kao; secretary general Hung Han Sang; treasurer Mandy Lai. Established in July 1968, HKWMA aims to upgrade and
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Hong Kong Trade Development Council (HKTDC) has released the Hong Kong export index of second quarter 2014 recently saying that in general, exporters’ confidence remained slightly negative while jewellery exporters were basically neutral with regard to short-term sales prospects. The export index of jewellery was 49.5 which remained the same as Q2 2013 while that of timepieces was slightly dropp
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German fashion jewellery brand Thomas Sabo launched its FW 2014 collection in Hong Kong on 3 July. Inspired by the legendary Hollywood goddesses and the modern women and their personal karma, the new line features a selection of rings set in sterling silver or 18-karat rose-gold plated silver with genuine semi-precious or synthetic stones. Lavishly-adorned cocktail rings are among the glamorous p
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Organized by the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), the first edition of METS 2014 (Machinery, Equipment, Technology and Supplies for Jewellery & Watch Industry) was successfully held in AsiaWorld-Expo, Hong Kong between 25 and 28 June 2014. As the premier machinery and supplies exhibition exclusively for jewellery and watch industry in Hong Kong, METS 2014 aimed
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Kela, one of China’s online diamond ecommerce players, and Israel based company Leibish & Co have announced their long-term strategic partnership that Leibish & Co will be the exclusive fancy colored diamond provider for Kela’s diamond e-tail platform.The signing ceremony was presented by Leibish Polnauer, president of Leibish & Co and Guo Feng, CEO of Kela at the Hong Kong Jewelle
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The long-awaited jewellery and watch making machinery show of the year, METS 2014, will open its doors to international buyers starting 10 AM of 25 June at AsiaWorld-Expo, Hong Kong. An inaugural professional trade fair organized by the Hong Kong Jewellery & Jade Manufacturers Association (HKJJA), METS 2014 is set to attract visitors from Asian where is now a major fabrication base for global
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GOLD/ITALY will be held at Arezzo Fiere e Congressi representing a close link between fashion and jewellery. The show dedicated to the made-in-Italy gold jewellery will be held from 25 to 27 October with 250 Italian companies participating in, according to the organizer Arezzo Fiere e Congressi. According to the official release, 200 international buyers from the United Arab Emirates (especially
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The Israel Diamond Institute Group of Companies (IDI) announced on 9 June 2014 the new chief for its representative office in Hong Kong, IDI-Asia Pacific Ltd, where Noa Pardo is now the managing director after Gilat Elizov Gefen who served in the position for the past two years. Noa Pardo has extensive experience in the diamond industry, having worked for some of the largest Israeli diamond compa
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L'ÉCOLE Van Cleef & Arpels, the Paris-based school of Van Cleef & Arpels (VCA), would offer a range of jewellery and watchmaking courses to the public for the first time in Hong Kong this autumn, said VCA on 5 June 2014. Held between 16 October and 1 November at PMQ, Hong Kong, the two-week program will be taught by a number of lecturers including art historians, virtuoso craftsmen, expe
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The Gem & Jewellery Export Promotion Council (GJEPC) India announced a new multi-level business development campaign focused on the United States, Canada and South American markets at a press conference on 31 May 2014. The purpose of the campaign is to reinvigorate, strengthen and expand GJEPC’s business development and build trusted relationships between India’s key jewellery industry co
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Hong Kong’s retail sales in April saw the sharpest drop in five years, with consumption dipped 9.8 percent to HK$38.8 billion or 9.5 percent in volume, said the Census and Statistics Department on 2 June 2014. Sales of luxury items such as jewellery and watches declined almost 40 percent in April year-on-year. It is believed that the big drop was due to the slower growth in mainland visitors, fr
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Organized by Taiwan Jewelry Industry Association (TJIA), 2014 Kaohsiung International Jewelry Fair will be debuted in Kaohsiung Exhibition Center from 8 to 11 August 2014, creating a platform for wholesale and retail trading. The exhibition hall will present fine jewellery, gem-quality coral, natural gemstones and international sections including about 300 booths. Hong Kong Jewelry Manufacturers�
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The Hong Kong Jewellery & Jade Manufacturers Association (HKJJA) was invited to attend the 3rd Trade Association Congress held on 24 May 2014 in Singapore. King Li, HKJJA’s honorary chairman and CEO of Kings Mark Designer & Manufactory Limited, shared with the audience the growth of the association amidst challenges, and measures to assist members, mostly small and medium enterprises, in
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On 23 May 2014, the Memorandum of Understanding (MoU) on the Kimberley Process Administrative Support Mechanism (ASM) was renewed by Wei Chuanzhong, chair of the Kimberley Process (KP) and Edward Asscher, newly elected president of the World Diamond Council (WDC) in the presence of Stéphane Fischler, president of the Antwerp World Diamond Centre (AWDC) and Ari Epstein, AWDC’s CEO in Antwerp. M
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The World Diamond Council (WDC) announced new board of directors on an official statement dated 30 April 2014. The board comprises 20 members, equally distributed among five diamond industry sectors, and “reflects the geographic diversity of the supply chain”. They are: Mining: Andrey Polyakov, Alrosa; Andrew Bone, De Beers; James R W Pounds, Dominion Diamonds; Jean-Marc Lieberherr, Rio Tinto
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Figures release by the National Bureau of Statistics of China in mid-May said that China’s wholesale and retail sales of gold jewellery in April 2014 reached RMB 20.8 billion, a sharp drop of 30 percent compared with the same month of 2013, while in March the sales totalled RMB 22.3 billion, down 6.1 percent compared with the same month last year. The total sales of gold jewellery in Q1 2014 we
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A joint venture between Fiera di Vicenza (FdV) and the Dubai World Trade Centre (DWTC) was formed to organize a new jewellery fair in Dubai starting April 2015, announced FdV at a press conference during Vicenzaoro Spring on 12 May 2014. FdV president Matteo Marzotto, FdV managing director Corrado Facco, director general of Dubai’s Department of Tourism and Commerce Marketing and DWTC CEO his e
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The global silver jewellery demand recorded a significant up by around 10 percent, from 181.4 Moz in 2012 to 198.8 Moz last year, according to the World Silver Survey 2014 released by The Silver Institute on 14 May. The survey reported that the strong recovery in silver jewellery and silverware fabrication had contributed to an all-time-high total physical silver demand for 2013, which is 1,0
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Platinum Guild International (PGI) reported a strong platinum jewellery sales growth in 2013 with positive outlook for 2014 in its first annual Retail Barometer of platinum jewellery markets released in the end of April. Preliminary results for the United States in 2013 indicate that retail unit sales for platinum jewellery increased by just over 11 percent, ahead of overall fine jewellery sales
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Christie’s magnificent jewellery sale on 14 May 2014 in Geneva achieved a record price per carat for a blue diamond. The 13.22-carat blue diamond was sold to Harry Winston for SFr21,445,000 or US$23,795,372. The buyer has named the world’s largest flawless fancy vivid blue gem The Winston Blue. “In January 2013 we purchased Harry Winston and since then my ambition has been to acquire the mo
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The Golconda diamond pendent necklace, named The Eye of Golconda, will be the headline lot at the forthcoming Christie’s Hong Kong spring jewellery auction at the Hong Kong Convention and Exhibition Centre on 27 May. The necklace sets with a Columbian emerald and two Golconda diamonds, one of which weighing 40.05 carats, type IIa, D colour and internally flawless clarity graded by the Gemologic
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Held from 8 to 12 May, Jewelry Shanghai 2014 was co-organized by the National Gems & Jewelry Technology Administrative Centre (NGTC), Gems & Jewelry Trade Association of China (GAC), Shanghai Gold Exchange (SGE), Shanghai Diamond Exchange (SDE), Shanghai Gold & Jewellery Trade Association (GJTAS), Shenzhen Gold & Jewelry Association (SZGJA), Gems& Jade Trade Association of Shan
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On 6 May HRD Antwerp and the Rapaport Group made an agreement that Rapaport will soon provide global access to HRD Antwerp Diamond Labs in Antwerp and Mumbai. Currently, Rapaport has 11 regional offices throughout the world including Las Vegas, New York and Surat. According to the agreement, the service will cover everything necessary for clients to have their diamonds graded by HRD Antwerp labora
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British auction house Bonhams will be launching its first jewellery sale in Hong Kong on 21 May 2014 at the newly opened gallery at One Pacific Place, Admiralty. The featured lot is a diamond ring set with an exceptional 5.13-carat VS2 fancy pink diamond by Kwiat, estimated at HK$11,200,000 to 13,200,000. “Pink diamonds are extremely rare and fancy pink diamonds over 2 carats with a clarity gra
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On 6 May 2014, Kering, France, published the mid-term 2014 Progress Report on its 2016 sustainability targets, highlighting by that time all of its gold and diamond products would be sourced from verified operations that do not have a harmful impact on local communities, wildlife or ecosystems. Kering delivered a strategy with three key elements on the sustainable sourcing of gold. First, to ensu
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London-based gemstone mining guru Gemfields has recently partnered with Savelli, a jeweller and smartphone supplier in Geneva, to create a series of limited edition luxury mobile phones set with Zambian emeralds from the miner. The series of two models, Emerald Night and Emerald Insane, is exclusively sold at Harrods’ Fine Jewellery Room in London. Set in 18-karat rose gold with 400 brilliant-c
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JMA International Jewelry Design Competition 2014 is now open for entries till 16 June. Themed ‘Colorful’, the contest is subcategorized into two groups: open group and computer-aided design group. Organized by the Hong Kong Jewelry Manufacturers’ Association (HKJMA), the event aims to provide a platform for global designers to share creative ideas, while promoting design excellence in the
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The World Gold Council (WGC) released its latest report in April 2014 reviewing China’s gold demand in 2013 and providing an outlook for gold bar investment and gold jewellery purchase. The report said that China accounted for 26 percent of global private sector in gold demand in 2013. The total gold consumption in private sector for jewellery and investment and industrial applications in Chi
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'Diamonds in the Sky Las Vegas', organized by Diamond Empowerment Fund (DEF), has garnered phenomenal supports from the diamond and jewellery trade supporting the 'Diamond Do Good' mission. Major leaders spanning the breadth of the diamond and jewellery industry have joined as sponsors of the gala including Rio Tinto, Signet Jewelers Ltd, and The De Beers Group of Companies as premier presenting
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The Gem & Jewellery Export Promotion Council of India (GJEPC) and ALROSA have signed a Memorandum of Understanding (MoU) aimed at improving cooperation between the Indian and Russian diamond communities. The document was signed at an official ceremony in Moscow on 10 April 2014 by Vipul Shah, chairman of GJEPC and Fyodor Andreev, ALROSA president. ALROSA and GJEPC agreed to exchange informat
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HRD Antwerp’s gemmologists and researchers have recently executed a testing of a 0.138-carat diamond in type 1Aab sent from the Hong Kong-based Diamond Services Ltd, announced on its official website dated 10 April 2014. Diamond Services Ltd stated that the diamond was part of a parcel of synthetic diamonds delivered by a well-known producer of gem-quality synthetic diamonds. However, it was fin
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The watch and jewellery business of LVMH Moët Hennessy Louis Vuitton achieved a five-percent organic growth in the first quarter of 2014 year-on-year, with revenue totaled 607 million euro, said an official report of the Paris-based company on 9 April 2014. According to the report, performance of the group’s boutiques was good. It said the numerous innovations at TAG Heuer, Hublot and Zenith
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Rio Tinto’s first rough diamond tender for 2014 delivered results on 10 April 2014.Comprising 124 lots of rough diamonds from its Argyle (Australian), Diavik (Canadian) and Murowa (Zimbabwean) mines, this combination of white and fancy coloured rough diamonds was awarded to 44 companies. “We were delighted with the bidding, the global nature of the successful bidders and the final result. It
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The Hutton-Mdivani jadeite bead necklace was sold for HK$ HK$214.04 million at Sotheby’s Hong Kong jewellery and jadeite sale on 7 April 2014, breaking the world auction record for any jadeite jewellery and a Cartier jewel. Dubbed “the greatest jadeite bead necklace of historical importance” by Sotheby’s, the necklace, once owned by Cartier, composes of 27 pieces of graduated jadeite bead
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OROAREZZO 2014, an international show for jewellery, gold and silver, was held between 5 and 8 April in Arezzo, Italy, was attended by around 500 Italian companies and visitors from over 80 countries and regions including the United States, the Middle East, China, Russia, Spain, the Philippines, France, etc. The four-day event kicked off at the ribbon-cutting ceremony, attended by Andrea Boldi,
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CIBJO, the World Jewellery Confederation, has released its second commissions' special reports before the opening of the 2014 CIBJO Congress in Moscow on 19 May 2014. The report is prepared by the CIBJO Precious Metals Commission and headed by Michael Allchin. It looks at CIBJO's lobbying efforts in Europe in respect to the pending legislation concerning gold sourcing from conflictareas and a redr
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The Baselworld 2014 came to an end on 3 April with “a positive mood for Swiss watchmaking”, claimed a closing statement from the show’s Swiss Exhibitors’ Committee on the last show-day. For jewellery brands, business was reported brisk especially in both exceptional fine jewellery and fashion jewellery. “Demand for jewellery in rose gold and 950 palladium continues its upward trajectory
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Since the undisclosed lab-grown diamonds were mixed in with parcels of natural diamonds, numerous concerns have been expressed by the global diamond industry. In this regard, the Swiss Gemmological Institute (SSEF) has recently developed the Automated Diamond Spectral Inspection (ASDI), a device which can analyse large quantities of melee diamonds at low cost. According to SSEF newsletter in Marc
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On 1 April 2014, in the presence of China's president Xi Jinping, the Antwerp World Diamond Centre (AWDC) and the Shanghai Diamond Exchange (SDE) signed a cooperation agreement, outlining their cooperation with respect to the development of an exclusive commercial and trade relationship. “It is truly an honour for AWDC to enter into a cooperation agreement with SDE, which will contribute to eve
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De Beers is expecting to obtain a diamond concession to explore in Angola by the end of this year, the chairman of the group Philippe Mellier said in London cited by the international press. “We hope to have news about exploration licenses before the end of the year and we are in contact with the Angolan government to discuss the matter,” Mellier said. De Beers is also in talks with the India
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De Beers’ diamond brand Forevermark is planning to open a second diamond institute in India in 2015 in order to meet the optimistic demand in that market, announced by the company in March. This will be the second facility after the Forevermark Diamond Institute in Antwerp, Belgium where cut and polished diamonds go through technical quality assurance tests to be sure they meet the brand’s s
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On 25 March 2014, Hong Kong jewellery retailer Chow Sang Sang Holdings International Limited (CSS) announced the annual result for 2013. Its jewellery retail, as the major contributor to the total turnover and profits, registered a turnover of HK$19,943 million, or 79 percent of the total. Operating profit rose to HK$1,350 million, a 21 percent increase. According to the report, the turnover of
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The Hong Kong-based brand Van Eyck Fine Jewelry will make its debut launch with its Birds of Paradise collection in May 2014, delivering the exquisite works of art set with fine diamonds. According to its press release, the brand is named after the renowned Flemish painter Van Eyck, one of the most important artists of the 15th century and a pioneer in painting jewellery and precious stones. Fo
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Organized by Arezzo Fiere e Congressi and Shenzhen Yuehao Jewelry Co Ltd, “Oro d’Autore – Fashion Jewels” exhibition was held from 11 to 13 March in Shenzhen featuring a unique collection of “Made in Italy” jewellery. Thirty art jewellery pieces made by Arezzo based goldsmith companies such as Dolce & Gabbana, Roberto Cavalli, Giorgio Armani, Salvatore Ferragamo, Krizia and Vivien
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The Gemological Institute of America (GIA) has been named a 2014 World’s Most Ethical Company under the professional, scientific and technical services category for the second year in a row by the Ethisphere Institute, recognizing GIA’s continued efforts to build and maintain a superior ethics and compliance programme. “We’re honored to be recognized by the Ethisphere Institute for the se
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The Hong Kong Trade Development Council (HKTDC) has recently released the HKTDC Export Index, stating the generally improving exporter’s confidence in the first quarter of 2014, with the HKTDC Export Index rebounding to 48.1 from 38.5 in the fourth quarter of 2013. The index for jewellery industry turned well from 38 in Q4 2013 to 48.5 in Q1 2014. However, the report stated a reading below 50 st
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The first designated regional trading centre for diamonds, coloured gemstones and jewellery was launched in Panama City on 20 March 2014. According to Ricardo Martinelli, Panama president commented: "Panama has one of the most stable and connected economics in the region. That is why we take the initiative to establish the regional trading hub." At the heart of Panama Gem & Jewelry Center,
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Jewelers of America (JA) held its annual national retailer design competition the CASE Awards at the JA New York Winter Show, 1 to 4 March 2014. The awards, open only JA’s retail members and their employees, aim to recognize its retail members who exhibit creativity, artistry, style and excellence in jewellery design. According to the organizer, many of the winning pieces featured handmade eleme
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Global market research and consulting company TechSci Research has recently published a report called Global Gems & Jewelry Market Forecast & Opportunities, 2019, stating that gold and diamond jewellery continue to dominate the world gems and jewellery market and the former occupied the highest revenue share in 2013. However, diamond jewellery is expected to gain a larger market share in t
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Jewellery & Gem Fair Europe (JGF Europe) will be held by UBM Asia from 1 to 4, April 2014 in Freiburg, Germany. Though the show overlaps Baselworld, there will be still 400 exhibitors from 28 countries, according to the organize, with Israeli and Belgian diamond companies prominent in this edition The Antwerp Diamond Pavilion includes 25 diamond dealers and diamond labs from Belgium, accordi
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Celebrated Italian jewellery designer and manufacturer Roberto Coin will be the guest of honour of the US & International Diamond Week, 6 to 10 April 2014 at the Israel Diamond Exchange (IDE), according to IDE. "Israel is a leading source for quality diamonds. I look forward to visiting the bourse again," Coin said. "It's wonderful to be welcoming Roberto Coin once again to this biennial sho
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On 13 March 2014 the Antwerp Diamond Night was held by the Antwerp Diamond World Centre (AWDC) at the Belgian Embassy in Moscow, Russia, with the attendance of AWDC’s delegation, around 35 Antwerp diamond companies, ALROSA’s top management, the Russian State Precious Metals and Gem Repository (Gokhran), and some other stakeholders in Russian diamond industry. The event aimed to provide opport
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The World Diamond Mark® was launched by the World Diamond Mark Foundation (WDMF) during the Hong Kong International Jewellery show on 6 March, 2014. Rami Baron, president of the Diamond Dealers Club of Australia said in the press conference the project is to promote diamonds and diamond jewellery in the downstream markets. “We want to create an education program through which we can send unifi
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In a bid to strengthen the precious coral industry’s position as an environmentally sensitive business sector, the Pacific Precious Coral Forum was held from 17 to 18 February 2014 at Taipei International Convention Center, Taiwan. Co-organized by the Taiwanese Fisheries Agency, Council of Agriculture and the Taiwan Precious Coral Association and supported by the Taiwan Jewellery Industry Assoc
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The UBM Jewellery & Gem Fair Group, with a total of 19 trade shows in nine countries currently, is launching the first international sourcing fair in Freiburg, Germany, from 1 to 4 April 2014. “Freiburg is conveniently located in the epicenter of major industry cities with its German borders neighboring France and Switzerland. The city is easily accessible to Antwerp, Paris, Basel and Genev
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The Bahrain Ministry of Industry and Commerce (MOIC), the Bahrain Economic Development Board (EDB) and the Gemological Institute of America (GIA) have signed a memorandum of understanding (MoU) to help develop the kingdom’s Gemstone and Pearl Testing Laboratory (GPTLB) into a world-class research centre of natural pearls. GIA’s executive vice president and chief laboratory and research office
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Trends that shaped the apparel industry over the past 30 years are becoming evident in the jewellery industry at a much faster pace, according to a recent research conducted by McKinsey & Company. The research indicates five jewellery trends for 2020 including internalization, the growth of branded jewellery, sales channel reconfiguration, hybrid consumption and fast fashion. International b
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The JCK 2014 Platinum Innovations Awards is calling for entries. All submission forms and product images must be received by 10 April 2014. This year marks the fifth edition of the annual design awards. A new category is introduced. "PGI-USA challenges all designers to create one new platinum jewellery piece inspired by the traditional 5-year anniversary gift of wood. Get in tune with nature, and
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Arezzo Fiere e Congressi Spa, fair organizer of Oroarezzo International Gold, Silver and Jewelry Trade Exhibition, appointed Andrea Boldi as its new president on 5 March 2014. He is currently the owner of Arezzo-based jewellery manufacturing company Nemesi, as well as president of Goldsmiths in the Confartigianato Arezzo trade association. “I view this new assignment with enthusiasm and a sense
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Held by JNA (Jewellery News Asia), the JNA Awards 2014 started accepting entries from 6 March to 17 April 2014. The news was announced by Letitia Chow, founder of JNA and director of business development – Jewellery Group at UBM Asia, during the media breakfast at the Renaissance Harbour View Hotel on 6 March 2014. According to Chow, the jewellery industry has recently been facing the challen
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The Hutton-Mdivani necklace, claimed the world’s most important jadeite bead necklace of historical importance, will be sold at Sotheby’s Hong Kong jewellery auction at the Kong Kong Convention and Exhibition Centre on 7 April 2014. The necklace comprises 27 jadeite beads with diameters ranging from 19.20 mm to 15.40 mm of magnificent green colour, excellent translucency, extremely fine textu
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On 5 March 2014 at the Hong Kong International Jewellery Show, Chow Tai Fook Jewellery Group Limited (CTF) and Aaron Shum Jewelry announced that they have entered into an exclusive distributorship for the Greater China region in which a new diamond collection in Aaron Shum Jewelry’s patented Coronet design will soon be available for sale in CTF in Hong Kong, Mainland China, Macau and Taiwan. In
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The forth day attending the HKTDC Hong Kong International Diamond, Gem & Pearl Show which is held at AsiaWorld- Expo from 3 – 7 March. According to the major coloured gemstone suppliers, the price of high quality heated ruby and emerald had increased 5 to 10 percent, while the price of corundum such as fancy colour sapphires stayed stable for per carat comparing to last year. A lot of sem
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The Hong Kong International Diamond, Gem & Pearl Show, organized by the Hong Kong Trade Development Council (HKTDC), was kicked start on 3 March 2014 at the AsiaWorld-Expo by officiating guests including Gregory So, secretary for Commerce and Economic Development, Fred Lam, executive director of HKTDC, Lawrence Ma, president of the Diamond Federation of Hong Kong, China, and chairman of the Ho
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Hong Kong Jewellery, the first bilingual trade quarterly published in Hong Kong for global jewellery professionals, will be launching its revamped website HKJM.COM.HK at the Hong Kong International Jewellery Show, 3-9 March 2014. Dedicated to international jewellery practitioners in all sectors along the supply chain and fine jewellery connoisseurs, HKJM.COM.HK is frequently updated with the late
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Organized by China Gold Association, UBM China Holdings Ltd and UBM Guangzhou Co Ltd, the 12th China International Gold, Jewellery & Gem Fair Shenzhen is held from 26 Feb to 1 Mar 2014 at the Shenzhen Convention & Exhibition Center. In an exhibition area of 22,000 square meters, there are over 400 exhibitors from 13 countries and regions including Belgium, Mainland China, Finland, Germany
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On 20 February the Gemological Institute of America (GIA) hosted an installation seminar for its recently-launched DiamondCheck™ in Hong Kong. The presentation was given by Thomas Moses, executive vice president and chief laboratory and research officer and Wuyi Wang, director of research and development. GIA’s new president and CEO Susan Jacques also attended the event. According to GIA's of
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Paspaley Pearling Company, Australia, and Belgian Diarough Group have become the new sponsors for the JNA Awards 2014, said awards organizer JNA on a recent media release. Other supporters include Rio Tinto Diamonds, Chow Tai Fook, Gübelin Group, KARP Group, and the Shanghai Diamond Exchange. “We are delighted to welcome Paspaley as an honoured partner of the JNA Awards. Their strong backi
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The 15th Hong Kong Jewellery Design Competition announced the results at a press conference held on 19 February 2014. Winners of the Open Group - Best of the Show went to Fung Yin Ling, Tse Ka Wing and Luk Tong Teng. Fung’s Motion gold necklace set with diamonds also won her an award for the best craftsmanship and technology. Millie Ho from the Hong Kong Management Association, with her Womb pe
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The 53rd Bangkok Gems & Jewelry Fair (BGJF) will be held from 25 February to 1 March 2014 at the Impact Exhibition Hall, Muang Thong Thani, Bangkok, Thailand. According to the Thai Gem and Jewelry Traders Association (TGJTA), fair organizer, the show “will be proceeding as scheduled” despite the on-going anti-government protests since last November. On an official statement dated 10 Febru
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While showrooms are still stocking jewellery set with greenish gemstones inspired by Pantone’s 2013 featured colour ‘Emerald’ (Pantone 17-5641), the colour authority has announced ‘Radiant Orchid’ (Pantone 18-3224) as its 2014 Colour of the Year. Radiant Orchid “blooms with confidence and warmth”, and is “a captivating, magical, enigmatic purple”, says Pantone who states the ros
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The Diamond Federation of Hong Kong, China Ltd (DFHK) has recently announced new offices and committee members of the 7th Executive Committee (2013-2015): honorary life president Leung Sik Wah from Cogent Trading Co Ltd; founding president & chairman Lawrence Ma from Lee Heng Diamond Co Ltd; three vice-chairmen Chow Kit Shing from CSS Jewellery Co Ltd, Victor Yiu from Brilliant Trading Company
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At the time of preparing the Trade Show Supplement, updated information of the jewellery industry’s major trade shows was only available for the most upcomin...
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At the time of preparing the Trade Show Supplement, updated information of the jewellery industry’s major trade shows was only available for the most upcomin...
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By Cynthia Unninayar
In these troubled times, hardly a day goes by without news of another jewellery event cancelled, another jewellery store closed, or ...
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At the time of preparing the Trade Show Supplement, updated information of the jewellery industry’s major trade shows...
At the time of writing in early December, concrete data on Hong Kong’s jewellery market extends only to the third quarter, as reported by the Hong Kong Trade Developmen...
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At the time of preparing the Trade Show Supplement (January 2024), updated information of the jewellery industry’s ma...
At the time of preparing the Trade Show Supplement (January 2023), updated information of the jewellery industry’s major trade shows was only availa...
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Everything you need to prepare your visit quickly and easily
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