Diamonds Do Good Gives $300K in Grants
The money went to individuals in diamond mining and manufacturing communities in Africa, India and Canada.
The organization announced the grants earlier this week, dividing up the money among diamond mining and manufacturing communities in Africa, India and Canada.
In Africa, the grants are being given to support girls’ education in Tanzania via the Flaviana Matata Foundation—founded by model and entrepreneur Flaviana Matata, who stars in DDG’s campaign for its new bracelet—and to empower youth afflicted with HIV through Sentebale in Botswana.
In Canada’s Northwest Territories, youth from indigenous communities will receive technical training scholarships for diamond industry jobs as well as entrepreneurship studies through the Mine Training Society.
In addition, this year the DDG’s Entrepreneurship Grants Program is expanding to India to support projects related to the natural diamond and jewelry industry.
The organization also continues to support higher education via Veerayatan, based in western Gujarat.
“These grants will help promote meaningful change for communities where natural diamonds are mined, cut, polished and sold and gives industry members a purpose-driven message to share with consumers,” DDG Executive Director Nancy Orem Lyman said.
Diamonds Do Good will return with another Las Vegas event this year, hosting its 2023 Good Awards on June 1 from 6 to 9 p.m. at the Palazzo Ballroom in the Venetian Hotel.
Sotheby’s will auction the diamond, which it says is “arguably the most significant pink diamond to ever appear at auction,” in June.
The retailer, recently acquired by Signet Jewelers, will lay off 119 employees in July.
The Swiss watchmaker introduced 17 new models at Watches & Wonders Geneva.
Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.
As part of the promotion, Smith will share his sales expertise during a 90-minute training session.
At Watches & Wonders, the Swiss brand unveiled a follow-up to last year’s Tonda PF GMT Rattrapante.
The “rêve” collection’s engagement rings and wedding bands are geared toward “sustainability minded customers.”
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
A new word appears on the dial each day of the week.
Bensons Jewelers closed for good Feb. 24, impacted in part by the decline in foot traffic downtown since the onset of the pandemic.
Kolja Kiofsky has been with the crystal and jewelry company since 2010.
The Kruse GWS Auctions sale will include the replica “Taj Mahal” necklace Elizabeth Taylor made with Avon as well as a costume piece Marilyn Monroe wore.
Massimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
AGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
Sold by Christie’s Hong Kong, this masterwork of complications now holds the record for most expensive watch ever auctioned online.
The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
The watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
Patented and specialty cuts now can receive an 8X Proprietary Certificate, which can be customized to include a company’s brand and logo.
The organization said it will recognize those who exemplify the idea that doing good is good business.
Kendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.
The CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.
Sales of the sleek sterling silver and diamond design will go to nonprofit organization charity: water.
Expected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.
With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.
Jewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.
Johnson joined the retailer in 1987, establishing its first human resources department.