CIBJO President pledges support For Indian jewellery industry

CIBJO President Gaetano Cavalieri has pledged CIBJO's support for India's giant jewellery and gemstone sectors, during the opening ceremony of the summer edition of the India International Jewellery Show (IIJS), which took place at the Bombay Exhibition Centre this morning.

The CIBJO President was a guest of honour at the opening ceremony, where together with the GJEPC leadership he participated in a traditional candle-lighting ceremony, led by the council's Chairman, Pramod Agrawal.

Addressing the assembled gathering, Dr. Cavalieri congratulated the GJEPC for its ongoing work in the development and promotion of the Indian gemstone and jewellery sector, which today is the world's overwhelmingly dominant centre for the processing of gemstones and jewellery, and also is its third largest national jewellery consumer market.

Alrosa sales 308.97 carats in diamond tender NY

Alrosa diamond tender NY earns $1.5 million

Diamonds Alrosa, the cutting and polishing division of Alrosa, held a tender for the sale of polished diamonds in the USA this July. This is the first tender for polished diamonds after the reopening of Alrosa’s office in New York.

In total, 111 stones of standard color with total weight of 308.97 carats were sold. The total revenue from sales amounted to $1.5 million. Companies from the largest centers of diamond trade, including Belgium, India, Israel and the US, participated in the tender.

Golden Reign and Marlin Gold enter into arrangement

Golden Reign Resources, Marlin Gold Mining and Sailfish Royalty Corp. Announces that Golden Reign and Marlin have entered into a definitive agreement, unanimously approved by each of the boards of directors of Golden Reign and Marlin, pursuant to which Golden Reign and Marlin propose to complete the previously announced business combination whereby Golden Reign will acquire all of the issued and outstanding shares of Marlin by way of plan of arrangement. As a condition to closing the Transaction, Sailfish has agreed to restructure its existing gold stream on San Albino, as further discussed below.

Marine Équation Marchante 5887 by Breguet

Breguet, established since 1775, embodies watchmaking excellence and forms part of the European cultural heritage, brimming with history and emotions. Its creations have been owned by the world’s most prominent individuals, Breguet attracted a particularly active admirer– Louis XVIII, king of France.

In 1815, Louis XVIII appointed Abraham-Louis Breguet, the official title of chronometer maker to the French Royal Navy. Dedicated to Abraham-Louis Breguet’s exceptional mastery of time measurement, Breguet’s Marine Équation Marchante 5887 is equipped with one of the rarest and most fascinating horological complications: the equation of time. This “Grande Complication” model symbolises a new generation of Marine timepieces distinguished by a modern and dynamic aesthetic.

Suresh Prabhu to open IIJS Today!

35^th Edition of the India International Jewellery Show (IIJS), IIJS 2018 to announced opened up by Chief Guest, Shri Suresh Prabhu, Hon’ble Union Minister of Commerce & Industry & Civil Aviation in the presence of  Guest of Honour, Shri C R Chaudhary, Hon’ble Minister of State for Commerce & Industry, Consumer Affairs, Food & Public Distribution, Special Guest, Shri Anup Wadhwan, Commerce Secretary, GJEPC CoA with Mr Pramod Agarwal, Chairman-GJEPC, the Exhibition Sub-Committee (National) of the GJEPC.

Swarovski’s eight Branding Partner launches About 20 collections on 9th August, Day 1 of IIJS 18

According to the sources, it is likely the IIJS dome would be a witnessed of Swarovski’s eight Branding Partner & they are ready unveil about 20 collections right on the Day 1, IIJS.

Pure Platinum the most trusted platinum jewellery brand, presents new Collections for those who create a style statement wherever they go. The elegant collections Vibha, Fuzo, Evio and Ellora are launching exclusively this August at IIJS, 2018 in Mumbai. Pure Platinum is the 1st branding partner of Swarovski in the Platinum Jewellery category.

Aman Ornament said, “We are proud to launch our new collection Vishwa - The Boundless Artistic Delightful Silver Jewellery set with Swarovski Zirconia at the IIJS 2018. The spark and brilliance of Swarovski Zirconia stones enhances our designs to a higher level. The fashion world is finally waking up to artist’s jewellery again. The Vishwa's fine jewellery collection will appeal to fine jewellery customers.”

Gold-backed ETFs outflows decelerated in July

According to the World Gold Council, holdings in global gold-backed ETFs and similar products fell by 39t to 2,394t in July, pushing assets under management (AUM) in US dollars down by 4% to US$94bn from US$98bn in June. Gold price performance was a large contributor to outflows as it fell over 2% in US dollar terms.

All regions experienced outflows in July. ETF outflows were dominated by North American funds, losing US$984mn. Asia experienced the largest outflows on a percentage basis (6.2%), while Europe reversed the recent trend of inflows, losing 8.0t (US$302mn).

MVI research report on SPFs completed!

MVI Marketing LLC (MVI) recently completed another in a series of quantitative research studies with Millennial Self Purchasing Females (SPFs) to better understand the opportunity with this unique growth demographic for luxury goods. This study focused on 3 core product segments: Jewelry, Shoes and Hotels.

The results reinforce reasons for optimism for luxury brands seeking an entry level point with millennial consumers. In general respondents to this study identified the top 3 motivators of why they purchase for themselves as:1: So they can get exactly what they want, 2: To celebrate a milestone & 3: Just because!

2nd edition of WES will be held in Bogotá

The second edition of the World Emerald Symposium will be held in Bogotá, Colombia, 12-14 October 2018. Senior representatives from Colombia’s flourishing emerald industry will be joined by major international experts and opinion influencers to discuss the challenges and opportunities facing the sector, including best practices, governance and how to incorporate blockchain and other technological advances.

Registration for this year’s symposium is now open and the organizers have already confirmed the attendance of delegates from 25 nations, including the eight main emerald producing countries: Afghanistan, Brazil, Colombia, Ethiopia, Madagascar, Pakistan, Russia and Zambia.

WBP-Watch & Clock Fair to be held in Hong Kong

Prince Jewellery & Watch presents the 9th edition of the sensational World Brand Piazza (WBP), manifesting the company’s devotion in promoting Haute Horlogerie in Hong Kong. Being one of the most established retailers for watches and jewellery in Hong Kong for over 30 years, Prince Jewellery & Watch has always been a devotee in promoting the Haute Horology culture.

Since 2010, Prince Jewellery & Watch had been hosting eight successful editions of World Brand Piazza at Hong Kong Watch & Clock Fair, one of the largest global watchmaking trade fairs. This year, World Brand Piazza is returning for its ninth time from 4thto 8th of September at the Hong Kong Watch & Clock Fair 2018. The exclusive exhibits are destined to stun watch enthusiasts and watch connoisseurs.