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ICA President Yuen
ICA Congress Confirms Speaker Program
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...
Gemstones Apr 29, 2013 Jeff Miller
ICA HK Office
NGTC, GAC to Host ICA Congress in China
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...
Gemstones Apr 04, 2013 ICA
kingold
Kingold's FY Sales +16%, Profit +25%
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...
Financial-Legal Mar 29, 2013 Jeff Miller
De Beers China Store
Jeanne Wang Joins De Beers Diamond Jewellers in China
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...
Marketing Mar 25, 2013 Jeff Miller
kingold
Kingold Secures Additional Source of Gold with SPD Bank Agreement
Kingold Jewelry Inc. signed a gold leasing framework agreement with the Wuhan branch of Shanghai Pudong Development Bank (SPD) Ltd. The deal provides guidance for Kingold to lease gold under a total credit line...
Manufacturing Mar 05, 2013 Jeff Miller
Marange Rough
China Sonangal Denies Ever Buying Rough Diamonds From Zimbabwe
China Sonangal, which 100Reporters.com alleged was part of a diamond-smuggling operation in Zimbabwe, denied the charge of purchasing rough diamonds from Zimbabwe and added that it had not purchased any diamonds from the country. The...
Fair Trade Mar 04, 2013 Jeff Miller
TBZ Gold Set
Gold Jewelry Demand +4% to $103B in 2012
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...
Manufacturing Feb 14, 2013 Jeff Miller
Kiran Gems
Kiran Expands Operations in India, China
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...
Polished Markets Feb 12, 2013 Dilipp S Nag
Shopping Mall
India’s Luxury Market May Grow to $15B by 2015
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...
Retail Feb 06, 2013 Dilipp S Nag
ASSOCHAM Gems and Jewellery Report
China's Rough Diamond Deals May Impact Surat Industry
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...
Manufacturing Dec 05, 2012 Dilipp S Nag
Gold Bars
Global Gold Demand -14% at $58B in 3Q
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...
Retail Nov 15, 2012 Dilipp S Nag
India's Young Sparks Rise in Online Retail Activity
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)...
Retail Oct 30, 2012 Dilipp S Nag
Chinese Consumer
Asia-Pacific Consolidates Position as Largest Luxury Goods Market
Asia-Pacific’s share of the global luxury consumer market grew for the second consecutive year in 2011, overshadowing growth from more mature markets such as Europe and the Americas, according to research from Mintel, a market...
Retail Oct 04, 2012 Dilipp S Nag
Necklace With Argyle Pink Diamonds and Imperial Ja
Rio Tinto Exhibits $6M Argyle Empress Necklace
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...
Marketing Sep 27, 2012 Dilipp S Nag
de beers
De Beers Diamond Jewellers Opens in Shanghai
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...
Retail Aug 30, 2012 Jeff Miller
Gold bars
Global Gold Demand Flat at $51B, Volume -7% in 2Q
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...
Retail Aug 16, 2012 Dilipp S Nag
Bharat Diamond Bourse
India’s Growth Expected to Slow for Fiscal 2013
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...
Financial-Legal Aug 06, 2012 Dilipp S Nag
ICA Signs Agreement
ICA to Create a Colored Gemstone, Jewelry Center in China
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....
Gemstones Jul 13, 2012 Dilipp S Nag
Gucci China
Chinese Caution
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...
Retail Jul 06, 2012 Avi Krawitz
montblanc china
Montblanc Celebrates Sanlitun Concept Store Opening
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”...
Retail Jul 03, 2012 Jeff Miller
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