Zale Corp is asking its suppliers to purchase some of its jewelry in its inventory for cash. In exchange for the purchase the company is providing a pledge of future orders. However several retailers and merchants have already signaled their reluctance to agree to the proposal. According to the Wall Street Journal, Zale’s Chief Merchandising […]
Author Archives: Mr Lareef Samad
The China International Gold, Jewellery and Gem Fair, Shenzhen 2010 is expected to take place from the 9th to 12th of March 2010. A “Sri Lanka Pavilion” is to be organized at the Shenzhen fair by the National Gem and Jewellery Authority (NGJA) with the assistance of the Sri Lankan Embassy in China. The NGJA […]
Jewels 2009 the annual exhibition organized by the Gemologists Association of Sri Lanka (GASL) was held on the 12th and 13th of December 2009. The venue of the exhibition was the BMICH Committee Lounge. The GASL is said to be the only professional organization in the gem trade. The aim of the exhibition is to […]
According to the National Jeweler Network the world renowned gemstone expert Richard W Hughes will be awarded the 2010 Antonio C. Bonanno Award For Excellence in Gemology. He is well known as the author of the book “Ruby and Sapphire”. The Antonio C. Bonanno Award For Excellence in Gemology is an award by the Accredited […]
One of the leading retailers of diamonds, Blue Nile has released its third quarter results. During the third quarter Blue Nile had a net sale of $66.9 million (Up 2.4% compared to 3rd quarter 2008). The rise is sales is attributed to growth in international markets and increase in bridal sales. However there was a […]
Italian designer jewelry house, Damiani has designed a Victoria’s Secret fantasy bra, valued at US$ 3 Million. The bra is studded with over 2355 white and cognac diamonds, weighing a total of 150-carats. A 16-carat heart shaped champagne diamond pendant forms the centerpiece of the bra. Marisa Miller,will be wearing the bejeweled bra at the […]
With the assistance of the Sri Lanka High Commission, New Delhi, India, the National Gem and Jewellery Authority Sri Lanka is to organize the “Sri Lanka Pavilion” at the Jaipur Jewellery Show which is to be held at the Rajmahal Palace Hotel, Jaipur from the 19th to 22nd of December 2009. The NGJA is looking for […]
Rio Tinto is expected to roll out a new line of silvery-gray colored diamonds called “silvermist” in February 2010. The Silvermist diamonds are expected to be more affordable for diamond jewelry. The news was made public by a press event by Rio Tinto in New York city recently. A photograph of a pair of earrings […]
Rio Tinto’s diamond output dropped by 54% according to diamondworld .net to Only 2.79 million carats. The production of diamonds during the third quarter at its mines doubled. During the first nine months of this year, ending September 30th there was a 31% fall in its overall diamond output from all its mines to 9.58 […]
Due to the skyrocketing price of gold, many people in India are opting to buy diamonds. However according to the Economic Times of India, this has kept interest in gold alive, to a certain extent. According to Pankaj Parekh, regional chairman of the Gem and Jewellery Exports Promotion Council “Gradually, diamond sales in India are increasing […]