NEWS
Ramat Gan: Chow Tai Fook, the largest
jewelry brand in China and one of Asia’s leading jewelers, will be sending a
delegation of executives to the International Diamond Week in Israel (IDWI),
February 13 – 16, 2017, says a Press note from IDE.
Vicenza: The VicenzaOro January show which
is being held from Jan 20-25, 2017 will have a range of activities that focus
on the theme ‘Responsible Gold’ to emphasise the importance of CSR activity by
the industry. This will be the first jewellery show to be presented by Italian
Exhibition Group S.p.A. (IEG), the trade show company founded after the merger
of Rimini Fiera and Fiera di Vicenza earlier this year.
Dubai: Luxury Italian jewellery brand,
Roberto Coin, celebrated its 20th Anniversary with a gala celebration at the
Burj Al Arab in Dubai last week, according to media reports. The Company, which
traces its roots back to the founder’s first foray into jewellery manufacturing
in Vicenza in 1977, has today grown into a reputed brand with over 1,000 points
of sale around the world, having been converted into an eponymous brand in
1996.
Perth: Kimberley Diamonds came a step
closer to being delisted from the Australian Securities Exchange (ASX) in a
move that it hopes will reduce costs and facilitate fundraising.
Vancouver: The world’s largest diamond
mining company says it is walking away from its search for the precious stones
on a 43,000-acre property in northern Saskatchewan after several “targets”
turned out to be magnetic minerals mixed with organic materials.
Mumbai: Izaara, a premium silver jewellery
brand launched by WHP Jewellers in October 2016 bags ‘Emerging Brand of the
Year Award’ at World Consulting & Research Corporation’s (WCRC) 2016 paving its way in the
contemporary era for its trendy designs, unique positioning and rapid PAN India
expansion. The event was held at Sahara Star on 21st December 2016 where
prominent industry personalities like Tapasee Pannu, Suzanne Khan, Mughda
Godse, Shibani Kashyap and Anupam Kher were a part of the event. Mr. Aditya
Pethe, Director, WHP Jewellers was presented the award by Lord Loomba.
Surat: The Southern Gujarat Chamber of
Commerce and Industry (SGCCI) has decided to put off an exhibition of gems and
jewellery, Sparkle, by a month, citing lack of sponsors following demonetisation.
The event was scheduled to be held from December 16 to December 19, but now it
would be held from January 19 to January 22.
Mumbai: The 50TH Annual General Body
Meeting (AGM) The Gem & Jewellery Export Council (GJEPC), held on December
20, 2016, took some significant decisions. For one, the body approved changes
in its code of ethics, necessary to complete the process of the GJEPC induction
as a member into the World Federation of Diamond Bourses (WFDB). The AGM also
approved the formation of the Trade Disciplinary Committee (TDC) by the GJEPC,
together with the Bharat Diamond Bourse (BDB) and the Mumbai Diamond Merchants’
Association (MDMA).
Mumbai: Exports of cut and polished
diamonds from India stood at US$ 1.19 billion in November 2016, a drop of 10%
as compared to the US$ 1.32 bn in the same month a year earlier, according to
provisional data released by The Gem & Jewellery Export Promotion Council
(GJEPC). Exports of gold jewellery (both studded and plain) also slowed,
declining by 35% to US$ 547.5 million during the same period as compared to US$
844.67 mn a year earlier.
Dublin: Karelian Diamonds, an Irish company
that is currently engaged in diamond exploration projects in Finland, said it
has raised capital of £425,000 (€505,000), prior to expenses, through a placing
of shares. It said that it would use the money raised “to fund the advancement
of the company’s principal diamond opportunities”.
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