News in Special Topic
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NEW
BARZAAR Jewellery
& Watches drive
Richemont,
the Swiss luxury goods group, has announced that its sales in the
quarter ended 31 Decmber 2005 increased by 16% at actual exchange
rates compared to the previous year. At constant exchange rates,
sales increased by 13%. De
Beers In a recent
and historic decision, De Beers has agreed to stop buying rough
diamonds from its closest rival, Russia 's Alrosa. Commitments entered
into by De Beersto end purchases of
rough diamonds
as of 2009 from Alrosa. The world's second largest producer, have
been rendered legally binding by a formal decision adopted by the
European Commission (EC). Following a phasing out from 2006 to 2008,
De Beers has said it will refrain from all purchases of rough diamonds
from Alrosa. Harry Winston rated
According to the new Luxury Brand
Status Index (LBSI) ultra-luxury jewelry survey from New York based
Luxury Institute, Harry Winston earned top honors as the most prestigious
purveyor in its segment as rates and ranked by America's penta-millionaires.
Tiffany and Cartier tied for second place; Mikimoto was third. Kimberley
Process educational posters
The US Kimberley Process Autority
(USKPA), in cooperation with the World Diamond Council (WDC) and
non-governmental organizations (NGOs), has produced an educational
poster targeted to retail stores, sales associates, and manufacturers
that explains the Kimberley Process and the Voluntary System of
Warranties. It is avaliable online and is for trade use only from
www.worlddiamondcouncil.org, www.jvclegal.org and www.gemscience.net. VNU Expositions announce
Lee Arevian has been appointed to
the position of jewelry Group Vice President of VNU Expositions.
VNU Expositions Jewelry & Entertainment Group President John
Failla said, "Lee's extensive tradeshow experience, make him
the ideal candidate for this important position." In his new
role, Lee Arevian will be responsible for the JA Shows, Couture
Jewellery Collection & Conference, Signature Salons and the
Fine Jewelry CEO Summit. Lee Arevian said. "I'm honored and
excited to be able to contribute to these incredible franchises." Diamond industry challenged
by Hollywood
The World Diamond Council (WDC) has
concluded its fourth Annual Meeting in Catania, Sicily. Over 100
representatives of the international diamond and jewelry industries,
governments, international organizations and NGOs reaffirmed their
commitment to prevent the infilration of conflict diamonds into
the legitimate diamond trade. The Meeting was hosted by Dr. Gaetano
Cavalieri, the president of CIBJO, the World Jewellery Confederation,
and by the Government of the Province of Catania, which also sponsored
event. Color Story wins Color Story® has won the JA Golden
Apple award for innovation in marketing for its "The Enhanced
Diamond Experience ™" campaign that includes their website
feature "Design Your Own Colored Diamond Watch." "It
is one thing to have a worthy concept and another to execute it.
Having a great creative director like Amiel Weisblum made it happen,"
said Robert Leser president of Color Story. The award was presented
at the recent JA Winter show. www.colorstory.com Jewelry retailers urge Eight of the world's top jewelry retailers
have pledged to move away from "dirty" gold sales and
are calling on mining corporations to ensure that gold is produced
in more socially and environmentally responsible ways. ................................................................................................................................... BULLETIN Demand
for gold in 2005 Consumers
and investors pushed demand for gold to arecord level of US$ 53.6 billion in
2006, according to figures recently published by the
World Gold Council (WGC). All catagories of demanding, including
jewellery recorded double-digit year-on-year grownth in dollar terms.
Overall jewellery demend in 2005 was 5% higher than 2004 in tonnage
terms and 14% higher in dollar terms. New annual demand records
were set in 2005 in UAE, Vietnam and, for the third successive year,
in Turkey. Hearts On Fire dresses
Hearts
On Fire, a renowned luxury company, dressed honoree and Golden Globe
winner, Teri Hatcher at the third-annual "Funny Ladies We Love"
awards celebration in Hollywood recently. At the event honoring
Teri, she wore Hearts On Fire's "Hoopla D ™" earrings
and a 30 carat Effervescence ™ bracelet to compliment her
gold Valentino dress.
................................................................................................................................... COLOURED STONE ICA
Pavilion debuts in Brazil The
international Colored Gemstone Association participated for the
first time in the 10th Brazil Gem Show, Over March 15-17, 2006 hosting
an ICA Pavillion with over in Governador Valaderes, Brazil, an area
rich in natural gem resources and a center for the mining and cutting
of gemstones. Occupying an area of 2,500 square meters for gem traders
and exhibitors alone, the show also included exhibits from the jewelry
sector and supply companies such as those displaying mining equipment
and technology for transforming gems into jewels. Many leading overseas
companies also participated in the show. Signity awaits Patent Signity
discovered that you can patent passion when it received world that
its Passions Topaz process will issue as a patent shortly. Passion
Topaz is created through an innovative enhancement process known
as Thermal Color Fusion (TCF ™). Signity showcased its fresh
and lively collection of hot Passion colors in topaz during the
recent AGTA Tucson GemFair. ................................................................................................................................... AUCTION World
record for Ruby Christie's
opened 2006 with a bang as its recent important Jewels sale achieved
the Highest total ever in its 16-year history of jewellery
sales in St.Moritz. At the sale, a world record for a ruby per carat
was set. A cushion cut Burmese ruby ring of 8.62 carats realized
a price of US$425,000 per carat for a total of US$ gemstones and
wristwatches at the Palace Hotel in the famous ski resort of St.
Moritz. From the 476 lots offered, 360 were sold, resulting i3.6
million. After the sale, the pieces, made by Bulgari, was dubbed
"The Graff Ruby" after its buyer, famous jeweller, Laurence
Graff. The previous record was US$278,000. "This is the finest
rubyI have ever seen and I am delighted to own it," said Laurence
Graff. Antiquorum
New York sale World
famous jazz composer and pianist Keith Jarrett's Collection represented
the main
body of the recent Antiquorum Spring sale. In at
Addition, approximately 280 timepieces were offered for sale in
its auction of "Important Collectors" Wristwatches, Pocket
Watches & Clocks, including Watches from The Collection Of Keith
Jarrett." ................................................................................................................................... Please subscribe to our magazine to read more
