The Next Generation: David Bindra of B & B Fine Gems

EditorsApr 05, 2018

The Next Generation: David Bindra of B & B Fine Gems

One of the leading figures of his generation in the gemstone sector, Bindra shares his thoughts on where the industry is headed. 

David Bindra of B & B Fine Gems maintains a visually stunning Instagram at @gemfluencer.

In his family business, B & B Fine Gems, David Bindra represents the second generation. In the gemstone industry at large, he represents one of the most exciting and influential young voices.

Bindra’s father immigrated to the United States from India and without any family connection or background in the gemstone trade, began selling stones like Swiss blue topaz, amethyst and citrine door to door--“pretty much anything that was below $2 or $3 a carat,” Bindra explained--sourced from a friend in Jaipur. 

As Bindra’s father began building more relationships, both in India and the United States, he started to travel to mining sites overseas.

“That’s when our business began to change,” Bindra explained. “We focused on the whole gamut of fine color and stated sourcing correctly from places like Sri Lanka and Africa.”

Bindra’s father and mother ran the business on their own until Bindra, who is 33, joined the company 10 years ago. His sister Sabrina, 27, joined about four years ago. 

David BindraToday, Bindra describes the company as having evolved into “a niche, boutique house that specializes in very fine quality materials.”

“We focus on fine cuts and fine color saturation of all different types of colored stones. Our strength is in every aspect of the market but specifically in fine quality, so we deal with everything from rare, esoteric, exotic collection stones to bread-and-butter materials for manufacturers of fine jewelry. Most of our business is done with people who are manufacturing fine jewelry or individuals who are retailing the jewelry themselves.”

The next generation has infused the business with a modern vitality. Bindra has a drool-worthy Instagram account that captures his contemporaries’ idea of luxury that’s cool rather than stuffy--matching exquisite gemstones to sneakers of the same color. 

Bindra and his sister have been heavily involved in the jewelry community in Los Angeles, where they are based, as well.

David is currently the president of the Los Angeles chapter of the GIA Alumni Association, and has been for the past three years. He’s also on the board of directors for the Jewelers Vigilance Committee; his sister is a former co-president of WJA Los Angeles. 

As part of a new series highlighting the next generation of prominent voices in the jewelry industry, I picked Bindra’s brain on why he joined the family business, where he feels the industry is headed and how he’s helping to shape it. 

On Joining B & B Fine Gems

“I always grew up with an extreme passion and love for colored gemstones and for jewelry in general. I grew up going to Tucson my whole life. Tucson has been like my Disneyland. I grew up around rocks and minerals and crystals. I had a very romantic connection to it, but I didn’t care so much for the business side of it. I didn’t understand it nor did I appreciate it.

I was en route to practice international law but my heart wasn’t really in it. I was studying for the LSATs. I took one trip with my father overseas to shadow him and clear my mind. When I saw the inner workings of the business, how this is such a community-based ecosystem and how the relationships and the trust really influence your position in this industry, I was fascinated. I really wanted to have more knowledge and understanding of it. So I started to explore the idea of joining the business and eventually went to GIA. When I got my graduate gemologist degree, that’s when my passion was really ignited.”

On Shaping the Jewelry and Gemstone Community

“A lot of my sister’s and my involvement comes from a desire to give back, which is something instilled in us not only from our parents but other mentors we’ve had in the industry. We’re trying to give back to an industry that’s given us an art and craft that we’re passionate about. We’re also trying to cultivate and develop the next generation of our industry.

There’s a generational gap that exists in our business. In order to sustain an ecosystem that will be present in the next 20 to 30 years, we need to work hard on developing the next generation of gem dealers, manufacturers, couture designers, diamaintaires and all of the above. To do so it’s important to have a cohesive community effort. That’s a big reason why both of us are very involved in not only promoting the community aspect of this business but also uplifting and empowering young individuals to be in positions of power and to be in positions of influence so we have a say as to how this whole business will be molded. In 20 to 30 years it’s our industry to sort of take, to manage and shape, and hopefully grow and watch it blossom into something really beautiful.”

What His Generation Brings to the Table

“There’s something to be said for being part of the technological age. We’re extremely tech savvy and we’re early adopters of technology, whether it’s using social media platforms like Instagram or even digitizing parts of the business, like communications through platforms such as WhatsApp and WeChat. I think our generation stands at a huge advantage for using this tech on a day-to-day basis, and then in finding ways to implement it, capitalize on it and apply it to our business. We’re faster. We communicate faster, we move faster, and it puts us at a huge advantage and creates a greater ease of transactional activity because of that exposure that we have.

We can, in a much more effective way, become tastemakers, or have a pulse on who tastemakers are in our industry, and kind of navigate and have a feel for market trends, consumption, certain items to bring to the market. Tech is the crucial principle of the advantage we have in that.”

On What’s Exciting Him About Gemstones 

“I think what’s exciting me the most is the diaspora of really interesting couture designs that are out there. Obviously, that leads to a more interesting product flow for us when we do sell items into the marketplace but it’s also fulfilling because we’re seeing a very high level of creativity in the use of colored gemstones. For me that’s exciting because it allows us to be more creative in how we source and how we manufacture items for the market, and it forces us to think outside the box and to do things that we normally wouldn’t have done decades ago in this business.”

On Challenges

“I think a challenge for the entire jewelry business is there’s a huge disconnect between the perceived value of jewelry and millennials. Many of them don’t hold that inherent perceived value for tangible assets like fine jewelry or a fine timepiece. A lot of people talk about millennials buying into experiences rather than products. That’s a challenge but also an opportunity because I feel that we can utilize this palette that millennials have and create a more unique product base for them, a more unique shopping experience. I think that’s something you’ll see in the next five to 10 years. Companies that can adapt and create an aesthetic that caters to our generation will prosper, and people who aren’t able to will find themselves in the difficult spot of selling to the next generation.”

On Loving His Job

“It just doesn’t feel like work. I go to work and I play every day. It’s my life’s passion. Whether it’s the people who I’m dealing with, who are like family, or the material I’m dealing with, which is literally treasure from Mother Nature, it’s a blessing to be in this business.”

His Advice for Gem Sourcing

“This business, especially the colored gemstone business, is one based on trust. The most important thing is to develop a trusting relationship with your vendors, being able to rely upon the knowledge and expertise of individuals who are in the marketplace on a regular basis. And keep a very keen eye on what’s happening in the marketplace yourself.”

On His Next Step

“Within our company we’re really just working on growing our sphere of influence within our industry and helping our clientele educate their consumers about fine colored gemstones. Something I’m specifically focused on is helping our clients create collectors of fine and exotic colored gemstones. Much of that has to do with educating them and creating the value for these items. Many times, because of the lack of marketing that is dedicated to the world of colored gemstones, there are many individuals who don’t know the wonderful romantic stories that exist behind the world of color.

So our job is to translate that. We’re sort of the raconteurs of the colored gem world and we need to be in order to create that value.”
Ashley Davisis the senior editor, fashion at National Jeweler, covering all things related to design, style and trends.

The Latest

Model Wearing Eat Cake Collection
CollectionsApr 16, 2024
Akaila Reid Launches ‘Eat Cake’ Collection

It’s ultra-feminine and filled with gold, pearls, and soft pastels.

Emily Highet Morgan, Emily Bennett
MajorsApr 16, 2024
Loudr Adds 2 Directors

Emily Highet Morgan and Emily Bennett have joined the agency’s team.

Stuller catalogs
MajorsApr 16, 2024
Stuller Releases First Lab-Grown Diamond Jewelry Catalog

Its updated book for mountings is also now available.

Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry Retail

With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.

Headshot of Karen Rentmeesters
SourcingApr 16, 2024
Karen Rentmeesters Takes Over as Interim CEO of AWDC

She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.

Weekly QuizApr 11, 2024
This Week’s Quiz
Test your jewelry news knowledge with this seven-question quiz.
Take the Quiz
Joyce’s Jewelry
TechnologyApr 15, 2024
Judge Rules Jeweler’s Lawsuit Against PNC Bank Can Move Forward

Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.

Alfred W. DeScenza
IndependentsApr 15, 2024
Alfred W. DeScenza of DeScenza Diamonds Dies at 95

He is remembered by loved ones for his loyalty, integrity, and kindness.

Jewelers of America Fly In Washington, D.C.
Brought to you by
How Jewelers of America Represents Your Business

For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.

Madeleine K. Albright
AuctionsApr 15, 2024
Madeleine K. Albright Jewelry, Pins Coming to Auction

Hosted by Freeman’s | Hindman, the sale will take place May 7-8.

Audemars Piguet circa 1985 emerald car watch
AuctionsApr 15, 2024
All of Sotheby’s ‘Rough Diamonds’ Sold in Less Than an Hour

The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.

AGS Conclave 2024 logo Austin
Events & AwardsApr 15, 2024
10 Can’t-Miss Sessions at AGS Conclave 2024

From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.

My Next Question webinar
Recorded WebinarsApr 12, 2024
Watch: What Jewelers Need to Know About Insurance

From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.

Evil Eye Charm with Turquoise Disc
CollectionsApr 12, 2024
Piece of the Week: Lionheart’s Evil Eye Gemstone Charm

The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.

The Jewelry Symposium scholarship winners 2024
Events & AwardsApr 12, 2024
The Jewelry Symposium Announces 4 Scholarship Winners

Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.

SRK Empire and SRK House
Policies & IssuesApr 11, 2024
SRK Exports’ Journey Toward Net Zero Impact

By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.

AGTA logo
Lab-GrownApr 11, 2024
AGTA Bans Lab-Grown Diamonds, Gemstones at GemFair

Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.

Steven Rosdal
IndependentsApr 11, 2024
Steven Rosdal, Co-Founder of Hyde Park Jewelers, Dies at 77

He is remembered for his charisma, passion, integrity, kindness, and wit.

Macy’s Herald Square store
MajorsApr 11, 2024
Macy’s Opens Books for Possible Buyout

The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.

Sylvie Jewelry model
CollectionsApr 10, 2024
Sylvie Launches New Nature-Inspired Collection, ‘Tulira’

The bridal collection consists of 35 engagement rings and seven wedding bands.

Rolex Oyster Perpetual Deepsea in 18-karat yellow gold
WatchesApr 10, 2024
These Are Rolex’s New Watches for 2024

The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.

Levy’s Fine Jewelry diamond education
IndependentsApr 10, 2024
Levy's Fine Jewelry Explores Diamond History

The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.

With Clarity NFL wedding bands
CollectionsApr 10, 2024
With Clarity Partners With NFL on Wedding Bands

The limited-edition men’s rings can be customized with one of 12 team logos.

Asian Star’s diamond manufacturing facility in India
SourcingApr 10, 2024
Compliance, Caution, and Concern: The Current Outlook of Indian Diamantaires

There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.

Chrono24 watch inspection lab
WatchesApr 09, 2024
Chrono24 Debuts Pre-Owned Watch Authentication Program

The program, now live in Europe, will roll out to the U.S. this summer.

6.21-carat fancy vivid pink diamond
AuctionsApr 09, 2024
Phillips to Offer 6.21-Carat Vivid Pink Diamond

Colored gemstones and signed jewels are the focus of its upcoming Geneva sale.

Lucapa rough colorless and pink diamonds
SourcingApr 09, 2024
Former De Beers Exec Appointed to Lucapa Board

Stuart Brown, who was De Beers’ CFO and interim CEO, is now Lucapa’s independent non-executive chairman.

Jewelers for Children POS System Donations
MajorsApr 09, 2024
Jewel360 Announces New POS Integration, JFC Partnership

The point-of-sale software can now prompt customers to round up their credit card purchases as a donation to Jewelers for Children.


This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy