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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.

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

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

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

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.

Melanie Grant Appointed as New Executive Director of RJC

The Responsible Jewellery Council (RJC) appointed Melanie Grant as its new executive director.

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.

Arctic Star: Lab-Grown Diamonds Meet Fine Jewellery

Arctic Star introduces a captivating collection of Lab-Grown Diamond jewellery crafted for everyday luxury.

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.

Shawn Mendes is the Newest Brand Ambassador for David Yurman

David Yurman ropes in its newest male brand ambassador: singer/ songwriter, Shawn Mendes.

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.

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.

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).

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.

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.

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.

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.

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.

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.

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.

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.

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.

WJA Announces Newly Elected 2023 International Board Members

Seven newcomers have been elected to serve on the WJA Board in 2023.

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.

2023 Jewellery Trend Forecast - What's It Going To Be?

Designers and jewellers across the world are going all out to showcase their creative expressions, and, in the process, are shaping up some fabulous trends that will rule in 2023

Kisna Diamond hosts 7th Edition of its Marathon

Hari Krishna Exports Pvt. Ltd. arranged the 7th edition of the Kisna Diamond Marathon at Bharat Diamond Bourse on December 11, 2022.

Kisna From HK Group Unveils First Franchise Store in Hisar

Kisna, from Hari Krishna Group, has entered North India with the launch of its first franchise store at Hisar.

PhotoScribe Secures Patent for Diamond Identification

PhotoScribe Technologies has secured a patent to ensure the proper identification of a diamond, combating forgery in the gem and jewellery industry with a security mark.

GIA Observes Unusual Colour Change In Sapphires

During routine colour stability testing of pink sapphires, GIA experts observed an unusual gain of orange or yellow coloration to a padparadscha-like colour, or even to pure orange.

IIGJ Holds Convocation

The Indian Institute of Gems & Jewellery, Mumbai, held its convocation ceremony for the 15th batch of graduates of the 3-year B.A. in Gems & Jewellery programme offered in collaboration with Mewar University.