The Israeli Diamond Institute Group of Companies (IDI) has signed a Memorandum of Understanding (MOU) on Monday the 4th of January 2010 with the All India Gems and Jewellery Trade Federation (GJF). The MOU is expected to establish cooperation between the two industries. In late November a similar MOU was signed between the IDI and […]
Category Archives: Jewelry
Megg Galligan, 25 is a jewelry designer from Boston as well as a Google employee. How did that combination come about? She was hired two years ago by Google to spend her weekdays helping the Boston area advertising firms to place advertistments for their clients on Google. She spent her weekends and nights making jewellery. […]
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 […]
Retail sales in certain sectors have shown improvement year over year during the holiday seas. This was made public according to a survey report by MasterCard Advisor’s SpendingPulse. During the period of the survey from Nov 1st through Dec 12th sales have improved in some key sectors such as jewelry, e Commerce, electronics men’s apparel […]
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 […]
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 […]
Harry Winston posted a loss in the second quarter due to reduction in demand for diamonds and a drop in diamond prices. However the prices of diamonds have rebounded from the first quarter. The Q2 loss was $0.32 per share (One year before they had a profit of $0.81 per share. Harry Winston has a […]
A gang smashed and stole a briefcase full of diamonds from a diamond brokers car. It is described as the three minutes that changed his life .The diamond broker Peter Kaplan, who is from New Port, North Carolina just arrived at Albuquerque, New mexico where he and his wife stopped briefly at a restroom when […]
Forfeited jewelry auctioned off. The auction was carried out by the US Marshals service and it is known as the U.S. Marshals Service national forfeited jewelry auction which takes place every 4 months in a different city. The auction which was held at Austin Texas on Saturday 1st August 09 was also attended by two […]
Retail sales of diamonds in China topped $300 million during the first half of 2009. This made China among the top 3 biggest diamond consuming countries of the world. According to the Global Times, China is the only country where the demand for diamonds has been on the rise despite the current recession. This is […]