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UPDATE AGTA reports increased attendance & buying activity at Gemfair Tucson Buyers flocked to the annuals Amercia Gem Trade Association (AGTA) Gemfair TM Tucson to source gemstones and pearls, and learn about new trends and network at nightly events. AGTA reported an increase in buyer attendance despite weather issues nationwide affecting travel to the event. Buyer attendance was up 5% over 2010, building on a 7% increase from the previous year........ ................................................................................................................................... FACE TO FACE Yufa Jewelry opens new factory
While many companies couldn't stand the economic crisis and have fallen one after another in the gem and jewelry business. Mr. Yufa Kahraman the owner of Yufa Jewelry and Pearlmax has gone in the opposite direction by establishing a new factory. JWR Magazine visited the ambitious enterpreneur at his new productive venue and got more detail regarding the issue..... ................................................................................................................................... BULLETIN
Thai lifestyle products industry launches Inspired Lifestyle Products project
The Thai Lifestyle products industry and the Department of Export Promotion (DEP) of the Thai Ministry of Commerce have jointly launched a marketing and brand building skills project to develop this new and growing industry's international competitiveness..... Press conference held to promote the 47th Bangkok Gems & Jewelry Fair
The Thai Gem and Jewelry Traders Association (TGJTA) held a pre-show press conference for the 47th Bangkok Gems & Jewelry Fair(BGJF) at Bangkok's Shangri-La Hotel. The event was presided over by Thailand's department of Export Promotion (DEP) deputy director-general Ms.Malee Chokelumlert, along with theTGJTA's President Mr. Vichai Assarasakorn and the BGJF's CEO Mr.Somchai Phornchindarak..... "Swiss Star" New, European Machine Cut Cubic Zirconia UnveiledGlobally by Decent Group
Decent Colorston (Thai) Ltd. is one of the units of the DECENT GROUP of companies; it was established professionally in 1992 for the purpose of manufacturing and xeporting all kinds of cubic zirconia (CZ) and synthetic stones...... Malaysia looks to evolve as Asian jewellery trading hub with new duty free policy
The Malaysian Government recently announced the restructuring of duty and tax policy on most imported luxury goods with effect from January 2011..... Argyle Pink Diamonds makes an exclusive debut at Mumbai
Rio Tinto's Argyle pink diamonds, known as the rarest diamonds in the world, will now be available in jewelllery at the Nirav Modi salon in Mumbai, India. Nirav Modi is chairman of Firestone Diamond, a diamond jewellery designer, manufacturer, and luxury retailer, who specialises in one-of-a-kind heirloom jewellery pieces. Firestone Diamond is an Authorised Partner of Argyle Pink Diamonds and has acquired a significant number of rare pink and blue diamonds from Rio Tinto's Argyle mine in Western Australia..... World Gold Council predicts six key trends for gold jewellery in 2011
Having viewed the collections at the Vicenza Fair, the World Gold Council(WGC) predicts that six new influential trends will be seen in the worldwide gold jewellery industry this year
Rapaport issues a special report: Diamond Markets in Recovery Mode
The diamond markets have recovered in 2010 as significant increases in consumer demand from India, China and Far East markets, as well as a relatively healthy US holiday season supported higher prices. Liberal US monetary policies have encouraged global consumption and stimulated the market for inexpensive diamonds, Rapaport says Gold price in 2010 driven by recovery in key sectors of demand & continued global economic uncertainly, says WGC
The gold price rose for the tenth consecutive year 2010 reaching US$1,405.50/oz by the end of December on the London PM fix, a 29% increase from last year's levels. According to the World Gold Council(WGC), which recently released its "Gold Investment Digest" for the fourth quarter and full-year 2010, last year's price performance was driven by developments in key gold markets. China saw increased investment activity, driven in part by innovation new gold investment vehicles offering improved access to the gold market, while jewellery consumption recorded a rebound in India, the world's largest gold market. Globally, investors remained concerned about uncertainly in the macro-economic environment and turned to gold to hedge against weakness in the US dollar and rising inflation in many economies..... Tiffany records strong holiday sales - Asia-Pacific region sales rise 23% -search on for new president
Tiffany & Co. worldwide net sales in the two-month holiday period ended December 31, 2010 rose 11% over the prior year. Tiffany says it has increased its earnings outlook for the fiscal year ending January 31, 2011 to reflect these higher -than expected holiday period results...... Asian buyers step up presence at IJT
The 22nd International Jewellery Tokyo(IJT 2011) ended in a great success, welcoming a total of 35,902 visitors to the venue over the four-day show period from January 26 to 29, 2011. Many participants were worried about the ongoing economic situation, but were pleasantly surprised by the vibant buzz that was created by the large number of eager buyers on the show floor, which were largely the results of visitor promotion carried out by IJT Show Management. Business flourished throughout the venue, and many exhibitors reported a surge in sales from the very first day of the show. Especially prominent among the buyers was the great number of overseas buyers which totaled 4,000. The majority of them came from China, Korea, Taiwan, India, Thailand, the UAE, etc. and they were here to source for quality jewellery. Of those, especially Chinese buyers exuded great presence in number and with their massive buying power......
................................................................................................................................... FASHION Faberge adds new creations to high Jewellery Collection
Faberge, the master jeweller of Russian origin, relaunched in September 2009 with the first High Jewellery Collection - Les Fabuleuses. This was after more than 90 years since the last masterpiece was created by the visionary artist Peter Carl Faberge, jeweller to the Imperial Court of Russia. The first Faberge boutique since 1917 has since been opened in Geneva, Switzerland, and new pieces are now being added to the inaugural collection. A journey through history & cultures initiates the latest creations from Carrera y Carrera Renowned Spanish jeweller Carrera y Carrera creative team's voyage south brought with it sounds, smells, and impressions: the magnitude of the Alhambra gardens, the orange trees of the Mezquita(Mosque) courtyards with their intoxicating scent of orange blossoms, the murmur of the fountains, the reflection of colors from Moorish tiles in the sun. All of these elements return to find expression in gold and diamonds for the new collection from Carrera y Carrera Andres Aquino presents a collection of charm & romance at Couture Fashion week
Fashion designer Andres Aquino recently presented his latest collection at Couture fashion week in the Grand Ballroom of the Waldorf-Astoria on New York City's Park Avenue. Mr.Auino is also the founder and producer of Couture Fashion Week. Set in style : The Jewelry of Van Cleef & Arpels exhibit presented at New York
"Set in style: The Jewelry of Van Cleef & Arpels" examines the renowned jewelry firm's significant historical contributions to jewelry design and design innovation. The exhibition will run through to June 5, 2011 at the Smithsonian's Cooper-Hewitt, National Design Museum in New York City Pop star Kylie Minoque wows the X Factor in Piaget jewels
Kylie Minoque, the famous Australian pop star, performed her single "Better Than Today" on X Factor, ITV wearing fabulous Piaget jewellery. Kylie was seen wearing pieces from Piaget's "Limelight," "Possession," and "Miss Protocole" collections during her electrifying performance.
..................................................................................................................................... TALKABOUT Gold price strength to continue, forecasts GFMS
GFMS released "Gold Survey 2010 - Update 2" recently, its latest report on the gold market, at a launch in Toronto, Canada. The following details some of the highlights of the report from briefing given at the event by Philip Klapwijk, CHairman of the independent metals research consultancy...... ................................................................................................................................... SCENE
TGJTA joins the love event on Valentine's Day On the Valentine's day 2011, Bangkok governor M.R. Sukhumbhand Paribatra presided over " Bangrak....Love Legacy of the Land 2011" at Bangkok's Bangrak district office. Present at the event included Thai Gem and Jewelry Traders Association's Vice president and Bangkok Gems & Jewelry Fair's CEO Mr. Somchai Phornchindarak. In the event, 13 find old mariiage registrations were given to lucky couples who registered their marriage on the special days....... TGJTA hold mangrove reforestation project in accordance with H.m. the King Royal idea
Recently, the ThaiGem and Jewelry Traders Association (TGJTA) and the Jewel Fest Club (JFC) jointly participated in the "Mangrove reforestation project in accordance with H.M. the King Royal idea" at Mangrove Forest Resource Station 2, Klung District, Chantaburi province. The objectives of the event were to create unity among THJTA and JFC Board of Directors, and preserve nature and the environment. In this regard, TGJTA's vice president and Bangkok Gems & Jewelry Fair's CEO Mr. Somchai Phornchindarak, Chairman of the JFC Mr. Pornsert Sriorathaikul, along with TGJTA and JFC Board of Directors and members joined in the activity. In addition, they also visited the gemstone market in Chantaburi province.. Winners of the Middle East Premier Awards Watches, Jewellery & Pens announced at Bahrain
Once again, for the sixth consecutive year, Arabian Watches & Jewellery (AWJ) Magazine hosted the Middle East Premier Awards for Watches, Jewellery & Pens, presented alongside Jewellery Arabia 2010. The Presentation Ceremony, for what is dubbed the "Industry Oscars," was accompained by a grand dinner reception at the Al Ghazal Ballroom at the Ritz Carlton, the most prestigious hotel in the Kingdom of Bahrain
..................................................................................................................................... FAIR REVIEW
Amazing new highlights at the 47th Bangkok Gems & Jewelry Fair The BGJF is organized by the Thai Gem and Jewelry Traders Association (TGJTA) with support from the Department of Export Promotion (DEP) of the Thai Ministry of Commerce. This fair is held between February 25 and March 1, 2011. The BGJF is one of the world's top-five gems and jewelry trade fairs, and Asia's largest under one-roof with more than 80,000 sq. m of exhibition space set at the grand , pillar-free halls of IMPACT Challenger at Muang Thong Thani in Bangkok.... ................................................................................................................................... JEWEL
Brazilian beauties dazzle at Munich gem exhibit The munich Mineral Show has firmly established itself over the last 47 years as a show not to be missed. Annually, over 1,100 exhibitors from 56 countries across the world present to 40,000 visitors the very best pieces that the gems, mineral, and fossil worlds have to offer. The latest edition of the Munich Mineral Show was held over three days in Octobers, 2010. This latest edition of the Munich Mineral Show presented to its thousands of visitors a never been before exclusive exhibit; "Arco Iris - the Brazilian Gemstone-Rainbow over Munich."
................................................................................................................................... TIMEZONE Omega & Nicole KIdman Unveil Ladymatic in Beijing At a recent press conference at Ritz-Carlton Hotel in Beijing, featuring Hollywood actress Nicole Kidman, who was visiting Beijing for the first time, Swiss watchmaker Omega unveiled Ladymatic. The mechanical wristwatch for women blends state-of-the-industry technology with dramatic aesthetic appeal, Omega explained....
................................................................................................................................... INNOVATION Two new products earn MJSA 2010 Thinking Ahead Awards MJSA, the US trade association for jewelry makers, designers, and related suppliers, recently announced that two new products have earned MJSA thinking Ahead Awards for 2010: CounterSketch Studio, a collaboration between Gemvision and Stuller Inc., and the Neo Five Axis Mill, created by Artisan CNC...
................................................................................................................................... AUCTION Perfect Pink tops US$23 million at Christie's Jewels : The Hong Kong Sale Christie's recent "Jewels: THe Hong Kong sale" totales US$78.9 million, the hightest total ever for a jewellery auction in Asia and the largest ever at Christie's worldwide....
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