NEWS
MJSA Aims to Raise Standards for Bespoke Jewellery
New York: Manufacturing Jewellers &
Suppliers of America (MJSA) has launched a drive to improve the consumer
experience when buying custom-made jewellery.MJSA has set up the Council of Custom
Jewellers as part of the program to advance the art of custom-jewellery design
and consumers’ appreciation of it, the trade organization said.
U.S. Retailer Shuts 250 Stores to Move Online
New York: Women’s apparel chain The Limited
has closed all 250 stores and has moved all sales to its online platform,
reflecting an increasingly challenging environment for bricks-and-mortar
retailers, reports Rapaport.
Hari Prasad Gopi Krishna Saraf of U.P transforms into Aisshpra Gems & Jewels
Lucknow: With the new year dawning upon, 75
year old legacy Hari Prasad Gopi Krishna Saraf transforms into a new age brand,
launching itself as Aisshpra Gems & Jewels. Being the premier jewellery destination
of Uttar Pradesh, the brand revamps itself with a vision to become a jewellery
house that stands true to its legacy of transparency, integrity and ethics, and
yet evolving to the meet the needs of the new age consumer. Currently Lead Atul
Saraf, Director Aisshpra Gems & Jewels, this transformation is a reflection
of the transitions that the brand has undergone in terms of each and every
aspect of business that includes every touch point their consumer is exposed to
including Visual Merchandising, Sales, Invoicing, product designing and the
brand identity.
New Tender Center to be Launched during IDWI
Ramat Gan: The Israel Diamond Exchange (IDE) will officially open a new International Tender Center on February 14, 2017 during the sixth International Diamond Week in Israel (IDWI). During that week IDE will host three important tenders of polished and rough diamonds -- by Alrosa, I. Hennig and Koin. The visit of Alrosa President Andrey Zharkov, who will be a guest of honor at IDWI, is timed to coincide with the opening of the tender center.
Xifu International Gold Wedding Jewellery Design Competition 2017 Kicks Off in Shenzhen
Hong Kong: Organised by JNA & CJNA of UBM Asia, the World Gold Council and the People's Government of Yantian District, Shenzhen, supported by the Culture, Sports and Tourism Administration of Shenzhen Municipality and exclusively sponsored by Shenzhen Batar Investment Holding Group Limited, the inaugural edition of the Xifu International Gold Wedding Jewellery Design Competition has kicked off with a press conference held at the Sheraton Dameisha Resort, Shenzhen in China.
Dubai Imposes 5% Import Duty on Gold Jewellery
Mumbai: Dubai has imposed a 5% import duty
on gold and diamond jewellery, a move which is likely to hurt Indian exports at
a time when demonetisation has hit business at home, reports The Economic Times.
Tiffany’s Film on Diamond Traceability & Transparency
New York: Tiffany & Co. has unveiled a short film on its diamonds, highlighting their journey through Tiffany's vertically integrated supply chain from mine to their studio in Antwerp, from Antwerp to the company’s polishing workshops in Mauritius and their final journey to New York. The film gives the viewer unprecedented access inside from inside three critical junctures of the journey from responsible mining to sorting, marking, cutting, polishing, grading, setting – and finally, the famous Tiffany Blue Box®.
Annual GEM Awards on 13th January
New York: The GEM
Awards recognizes the outstanding achievements of individuals and companies
whose work raises the visibility and status of fine jewellery and watches.
Vintage Jewellery Proves Worthy Investment
London: Vintage
jewellery has gained more than 80 percent in value in the past decade, with many
owners not realizing how much money they are sitting on, U.K.-based auction
house Bonhams said.
Millennials are Still Buying Diamond Jewellery: Bruce Cleaver
Gaborone: De
Beers Group CEO Bruce Cleaver says in an interview that millennials, the
under-35 age group, are still purchasing diamond jewellery, albeit smaller
pieces since they are typically less affluent than their parents were at the
same age.