According to a recent online survey by Shopittome. com that was conducted during the first week of June 10% of the 940 respondents who took the survey said they were spending on jewellery. 49 % were spending less on clothing and accessories online this year. However 16% were spending more than they were an year ago. One third were spending the same amount as in 2008.… Continue reading
Gitanjali Group, an Indian based jewelry manufacturer and retailer is to increase its outlets in China from 40 to over 100 in the next three years.
Gitanjali also employs over 4000 people at two diamond and jewelry manufacturing facilities in China.
According to the Indian Express, Mehul Choksi the Chairman of Gitanjali Group said ” the labour force in china is far more consistent… Continue reading
The Treasures Exhibition in the Royal British Columbia Museum, which opened on 1st of May will go on till the 30th of September 2009.
This exhibition of some rare and unique items from the British Museum is in its third stop at Victoria, its only North American stop. The exhibition has already been to China and Japan.
The exhibit which has 309 items from… Continue reading
The Department of Economic Affairs, Northern Cape, South Africa is to set up a new diamond and jewellery academy at Kimberley.
The news was made public by a department representative to Mining Weekly.
Until June 22nd the department accept submissions of tenders for the project from diamond cutting cutting and polishing equipment manufacturers.The company also noted that tender submissions will be reviewed in accordance… Continue reading
Photo above- Christie’s
On Thursday the 11th of June at New York a rare blue diamond fetched approximately $3.6 million-US$3,554,,500 or US$565,000 a carat at Christie’s Spring Jewellery Sale.
The blue diamond, a pear cut 6.29-carat fancy intense blue stone was purchased by an anonimous buyer.
The auction held at the Rockefeller plaza (sale 2177) sold 167 lots for a total… Continue reading
India’s gold jewellery exports fell 6.8% for the period April-May (compared to the same period last year) to US$ 1.09 billion.
The Gem and Jewellery Export Promotion Council (GJEPC) noted that the drop in gold exports was due to the global economic downturn.
Vasant Mehta, the Chairman of the Gem and Jewellery Export Promotion Council also noted that there was a 34% decline in… Continue reading
Photo above -Exhibitors at the Yuvelir Vesna Show, courtsey NGJA.
The National Gem and Jewellery Authority Sri Lanka (NGJA), in a recent press release has noted the opportunities for Sri Lankan gems in Russia.
The press release was issued after the return of a delegation to Russia, comprising of an official of the NGJA and representatives of the Sri Lanka Gem and Jewellery Association… Continue reading
For the first time in its over 100 year history the Borsheims jewelry store at Omaha cut 13 jobs. It reduced 4.6% of its workers. It now has 267 workers.
Borsheims President and CEO, Susan Jacques said” The loss of our staff members is devastating. This is the absolute last thing we wanted to do. We had to make these decisions, because we have to remain… Continue reading
Photo above: Dr Dietmar Schwarz, Research Manager, Gubelin Gemological Laboratory.
The Gemological Institute of America (GIA) Thailand has announced that it will hold its 25th gemstone gathering on the 24th of June 2009.
The presentation “Colored Gemstones- Mines and Market” will be presented by Dr Dietmar Schwarz, Research Manager Gubelin Gemological Laboratory. The presentation will begin at 6:00 PM. It is a free gathering.… Continue reading
Photo above: Venue of the Mid Year (June) Hong Kong Jewellery and Gem Fair. Hong Kong Convention and Exhibition Center.
The annual mid-year (June) Hong Kong Jewellery and Gem Fair is to be held from the 18th to 21st June 2009 at the Hong Kong Convention and Exhibition Center (HKCEC).