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ICA Congress Confirms Speaker Program
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The International Colored Gemstone Association (ICA) updated its schedule and speaker program for an upcoming congress, which is scheduled for May 12 to 16 and leads into the Changsha Show. The theme of this event, “Sourcing...
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Gemstones
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Apr 29, 2013
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Jeff Miller
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NGTC, GAC to Host ICA Congress in China
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Press Release: The ICA 2013 Congress is receiving more major industry supporters. The National Gem & Jewelry Testing Centre (NGTC) and the Gem & Jewelry Association of China (GAC) will host the...
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Gemstones
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Apr 04, 2013
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ICA
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Kingold's FY Sales +16%, Profit +25%
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Kingold Jewelry reported that its sales rose 20 percent year on year to $201.4 million during the fourth quarter that ended on December 31. The company's cost of sales increased 17 percent to $189.7 million. Profit surged...
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Financial-Legal
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Mar 29, 2013
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Jeff Miller
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Jeanne Wang Joins De Beers Diamond Jewellers in China
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De Beers Diamond Jewellers hired Jeanne Wang as its managing director for China. Wang spent the past 16 years with Chanel and most recently served as general manager of the Chanel fashion division in China. Wang...
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Marketing
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Mar 25, 2013
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Jeff Miller
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Manufacturing
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Mar 05, 2013
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Jeff Miller
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Fair Trade
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Mar 04, 2013
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Jeff Miller
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Gold Jewelry Demand +4% to $103B in 2012
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Global gold demand reached a record of $236.4 billion in 2012, up 2 percent year on year, according to the World Gold Council. The fourth quarter experienced the strongest performance as demand rose 6 percent to $66.2 billion, which was...
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Manufacturing
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Feb 14, 2013
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Jeff Miller
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Kiran Expands Operations in India, China
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Kiran Gems, a leading manufacturer of white diamonds, opened new offices in Delhi and Shanghai, expanding its operations in the local and overseas markets.The company’s new office in Delhi is located in Karolbagh and will serve as the...
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Polished Markets
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Feb 12, 2013
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Dilipp S Nag
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India’s Luxury Market May Grow to $15B by 2015
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India’s luxury market is expected to grow 25 percent in 2013 and at that same rate for the next two years, up from the current level of $8 billion and irrespective any global economic slowdown, according to a study by ASSOCHAM-Yes...
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Retail
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Feb 06, 2013
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Dilipp S Nag
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China's Rough Diamond Deals May Impact Surat Industry
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Surat’s diamond manufacturing sector is facing increased competition from China, putting a dent the Indian city’s status as a leading polishing and cutting hub. A report by the Associated Chamber of Commerce and Industry of India (ASSOCHAM) noted...
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Manufacturing
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Dec 05, 2012
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Dilipp S Nag
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Global Gold Demand -14% at $58B in 3Q
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The value of global gold demand fell 14 percent year on year to $57.61 billion in the third quarter of 2012 reflecting a challenging global economic climate, according to the World Gold Council (WGC).WGC published its quarterly ''Gold...
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Retail
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Nov 15, 2012
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Dilipp S Nag
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India's Young Sparks Rise in Online Retail Activity
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India’s online retail activity is growing at a rate of 43 percent a year with women increasingly active on the web, a recent study revealed. Women account for about 40 percent of the approximate 125 million Internet users in India, the joint research by the Associated Chambers of Commerce and Industry of India (ASSOCHAM)...
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Retail
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Oct 30, 2012
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Dilipp S Nag
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Retail
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Oct 04, 2012
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Dilipp S Nag
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Rio Tinto Exhibits $6M Argyle Empress Necklace
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Rio Tinto’s pink diamonds have been combined for the first time with imperial jade in a statement necklace, known as The Argyle Empress, designed by luxury jeweler Chow Tai Fook and valued at $5.5 million.The...
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Marketing
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Sep 27, 2012
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Dilipp S Nag
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De Beers Diamond Jewellers Opens in Shanghai
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De Beers Diamond Jewellers opened at IFC, located in the heart of Shanghai's financial area Lujiazui in the Pudong district. This marks De Beers fourth store in China. The new 75-square-meter space is located in the new fine jewelry...
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Retail
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Aug 30, 2012
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Jeff Miller
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Global Gold Demand Flat at $51B, Volume -7% in 2Q
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The value of global gold demand remained relatively flat at $51.2 billion in the second quarter of 2012, having totaled $51.6 billion during the same period of 2011, according to the World Gold Council (WGC), which...
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Retail
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Aug 16, 2012
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Dilipp S Nag
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India’s Growth Expected to Slow for Fiscal 2013
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India’s economic growth is expected to slow to around 6 percent to 6.3 percent in fiscal 2013, according to an ASSOCHAM survey of economists and industry leaders. Growth is being impacted by the a decrease in industrial growth and its impact on the service...
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Financial-Legal
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Aug 06, 2012
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Dilipp S Nag
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ICA to Create a Colored Gemstone, Jewelry Center in China
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The International Colored Gemstone Association (ICA) has signed a letter of intent with the government of Hunan, China to establish a national manufacturing and training center for colored gemstones and jewelry in the province's capital, Changsha....
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Gemstones
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Jul 13, 2012
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Dilipp S Nag
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Chinese Caution
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China’s current ‘Year of the Dragon’ appears to have lost some of its fire as investors and analysts view China’s economy with increasing caution. Chinese diamond buyers have picked up on that sentiment and are holding...
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Retail
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Jul 06, 2012
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Avi Krawitz
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Montblanc Celebrates Sanlitun Concept Store Opening
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Montblanc celebrated the opening of its largest concept store, which includes four stories of retail space and is located in the heart of Sanlitun in Beijing, China. The jeweler presented its entire “Collection Princesse Grace de Monaco”...
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Retail
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Jul 03, 2012
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Jeff Miller
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