Diamond World - January - February 2023
Diamond World - January - February 2023
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In this issue
January - February 2023
Petra Diamonds H1 Revenues -20% To $212.1 Million
Petra Diamonds' revenue for the six months that ended 31st December 2022 (H1 FY 2023) dropped 20% to $212.1 million, comprising revenue from rough diamond sales of $210.7 million (-20% y-o-y) and additional revenue from profit share agreements of $1.4 million.
1 min
Botswana Seeks Bigger Share from De Beers
Botswana's president, Mokgweetsi Masisi, is threatening to walk away from a diamond mining deal with industry giant De Beers unless the firm offers better terms.
1 min
Diamond Sales at Botswana's Debswana Hit Record High in 2022
Rough diamond sales by Debswana Diamond Company reached record levels in 2022, data shows, as Western buyers shunned Russian stones and Botswana profited from steady global demand for diamond jewellery.
1 min
Hari Krishna Exports Hosts a Blood Donation Camp
Hari Krishna Exports Pvt. Ltd., a leading diamond manufacturer in India, hosted a blood donation camp on 13th February 2023 in honour of the 10th anniversary of its headquarters in The Capital, BKC, Mumbai.
1 min
Tiffany & Co. Acquires Rare Argyle Pink Diamonds Sourced from Rio Tinto
Located in the country's East Kimberley region, a remote area of Western Australia, the renowned mine was open from 1983 until November 2020.
1 min
Fancy Colour Diamond Prices Grew 3.9% in 2022
The Fancy Colour Research Foundation (FCRF) said the average price of all colours and sizes of fancy colour diamonds climbed by 3.9% in 2022, led by a 4.6% increase in all Yellows and followed by a 3.9% rise in Pinks and 1.8% in Blues.
1 min
Vidyamandir Trust Palanpur Celebrates 75th Anniversary
The 75th Anniversary celebrations of the Vidyamandir Trust Palanpur, held at Palanpur on January 7th and 8th 2023, were addressed by a number of luminaries from different fields, including Shri Gautam Adani, Chairman and Founder of the Adani Group, and now, Asia's richest person, and attended by a huge number of alumni as well as donors and well-wishers from across the world.
1 min
WJA Announces Newly Elected 2023 International Board Members
Seven newcomers have been elected to serve on the WJA Board in 2023.
1 min
JVC Brings Forward Call to Action, Seeking Green Guides Commentary
The leading authority coordinating Federal Trade Commission (FTC) commentary on behalf of jewellers, JVC facilitates industry response to the federal agency on its Guides. Last December, the FTC announced it would be revising its Green Guides, which examine environmental marketing claims, both direct to consumer and B2B.
1 min
Hari Krishna Exports Virtually Unveiled GIA & IGI LAKE
Hari Krishna Exports Pvt. Ltd. held a Virtual Inauguration at the HK Hub in Surat, Gujarat, India, to mark the virtual unveiling of the GIA & IGI Lake.
2 mins
GIA Researchers Identify New Spinel Treatment
Scientists at the GIA laboratory in New York City recently discovered spinel treated by nickel diffusion in a parcel of gems acquired for research purposes by the GIA research team in Bangkok.
1 min
Sarine and DELGATTO Sign Strategic Cooperation Agreement for Rough Diamond Financing
Singapore Exchange Mainboard listed Sarine Technologies Ltd announced the signing of a strategic cooperation agreement with the DELGATTO Diamond Finance Fund (DDFF).
1 min
HRD Antwerp Announces Winners of 18th HRD Design Awards
In the fully packed Teatro Palladio at Vicenzaoro, the reinvented design competition came to its conclusion with the announcement of the three category winners, the two runners-up and the overall competition winner.
1 min
Shawn Mendes is the Newest Brand Ambassador for David Yurman
David Yurman ropes in its newest male brand ambassador: singer/ songwriter, Shawn Mendes.
1 min
Dharmaj Group Opens New Office Premises
Dharmaj Group announced the opening of new office premises, demonstrating its rapid growth over the last few years. The company had an official inauguration on 22nd January 2023 at Sachin, SURSEZ, Surat.
1 min
Tiffany & Co.Collaborates with Nike
American luxury jewellery brand from Manhattan, Tiffany & Co., and sportswear brand Nike have announced a collaboration with the debut of an Air Force 1 sneaker.
1 min
Nootan Thawai Named Director of Production and Services for GSI
Gemological Science International (GSI), one of the largest gemological organizations in the world and a global leader in diamond and jewellery certification, has announced that Nootan Thawai has been named Director of Production and Services for the organization.
1 min
GSI appoints Pinky Jalui as EVP of Global Business Development
Gemological Science International (GSI) announced the appointment of Pinky Jalui as the Executive Vice President of Global Business Development.
1 min
Melanie Grant Appointed as New Executive Director of RJC
The Responsible Jewellery Council (RJC) appointed Melanie Grant as its new executive director.
1 min
Arctic Star: Lab-Grown Diamonds Meet Fine Jewellery
Arctic Star introduces a captivating collection of Lab-Grown Diamond jewellery crafted for everyday luxury.
2 mins
Budget 2023: FOCUS ON LGDS WILL NOT IMPACT MINED DIAMOND SEGMENT ADVERSELY
While Budget 2023 has undoubtedly made tangible concessions to the Lab-Grown Diamond segment, mined diamonds are not likely to suffer as a result. The market for the two is different, and there is ample space for them to co-exist, point out Vijetha Rangabashyam and Suneeta Kaul
10 mins
LENDING HER SHINE TO DIAMONDS: THE NEW-AGE BRAND AMBASSADOR
There was a time when brand ambassadors of high-end jewellery labels played a relatively small role that of ensuring the brands wore a flamboyant look. And they did this mainly by promoting diamonds and jewellery as symbols of love and luxury. Nowadays, however, things have changed. Today, labels prefer to adopt a responsible demeanour, while focusing on matters such as sustainability, transparency and ethical sourcing. Due to this change, brands look for strong and influential women who lend their perspective and shine to the partnership, rather than merely being a face representing the brand, observes says Priyanka Talreja Garegrat
6 mins
CHINA DOWN, BUT OUTLOOK FOR LUXURY IS POSITIVE
Ongoing Covid-19 restrictions and economic uncertainty led to the declining of personal luxury market in China for the first time in five years
5 mins
2022 DIAMOND TREND REPORT: GemFind Digital Solutions
GemFind Digital Solutions has identified jewelry industry trends through click data collected for over 20 years. Our online applications are designed to help retailers and suppliers sell and improve market share through the unique DiamondLink(R) Application. GemFind Digital Solutions is dedicated to helping the jewelry industry by designing an intuitive online presence with proprietary technology applications and complete comprehensive digital marketing.
8 mins
IN INDIA, THERE IS A BIG, UNTAPPED MARKET FOR DIAMOND JEWELLERY: David Kellie
In a one-one-one interaction with Diamond World, David Kellie, CEO of Natural Diamond Council (NDC), shares his insights on NDC's marketing and promotional activities, sustainability, his views on the emerging lab-grown diamond sector, and more
8 mins
Vicenzaoro January 2023: Vicenzaoro sees enthusiastic participation by global brands
The Vicenzaoro expo turned out to be a huge success, with attendance up by 11.5%, and 136 countries and 1,300 brands taking part in the event
4 mins
Diamond World Magazine Description:
Publisher: International Journal House
Category: Fashion
Language: English
Frequency: Bi-Monthly
Diamond World is pure business magazine for gem and jewellery industry across the world. It includes analytical stories, interviews of prominent personalities, special features, company profiles, design columns, trend trakker and lot many news which one needs to get updated with.
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