A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
India’s GJEPC Is Organizing a Virtual Event for Loose Diamonds
The online buyer and seller meetup is scheduled for Aug. 27 and 28.
Mumbai—India’s Gem & Jewellery Export Promotion Council is holding an online event this month connecting buyers and sellers of loose diamonds.
The “virtual buyer and seller meet,” a first for GJEPC, is scheduled to take place Aug. 27 and 28, connecting Indian jewelry manufacturers with buyers from around the globe.
GJEPC said buyers from nearly a dozen countries are expected to attend, including the United States, United Kingdom and Europe.
“The demand for gems and jewelry is slowly recovering in markets like the USA, China and other parts of the world,” said GJEPC Chairman Colin Shah. “We need to make sure that we reach out to these buyers and meet their requirements.”
Following the loose diamond meetup next week, GJEPC plans to hold similar events for the trading of colored gemstones, diamond jewelry, gold jewelry and platinum jewelry.
The coronavirus pandemic has taken a toll on India’s jewelry industry, with first-quarter gem and jewelry exports falling 55 percent year-over-year to $2.75 billion amid a drop in demand and the forced closures of the country’s jewelry factories and trading centers.
COVID-19 also prompted GJEPC to push its August jewelry trade show to January.
“GJEPC is hosting VBSMs at a very crucial time of the year. We are likely to see demand for gems and jewelry increase from August, owing to the upcoming holiday season in the Western countries,” Shah said.
“The VBSM will be a platform that will give our exhibitors in India as well as buyers from across the world an opportunity to interact and make decisions in a similar way as they do at a physical show.”
For more information and to register, visit the GJEPC website.
The Latest
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.