The wholesale trade plays a critically important role the geographically diverse jewelry market. It is extremely efficient in matching suppliers to buyers.
Just 100 years earlier, what is today the densely-packed diamond business district of metal and glass skyscrapers was largely open fields.
The Code of Practices defines responsible ethical, human rights, social and environmental standards for the gemstone and jewelry business.
As the 2017 edition of United Kingdom’s premier jewelry show winds down, the market is provided insights as to what will happen to the diamond market when the country exits the European Union.
Following a journey that began deep below the earth’s surface, the stone travels across the counter in a jeweler’s store, and instantly adds more than 50 percent to its value. Part 4 of a 4-part series.
Each September, jewelers from around the world gather at International Jewellery London (IJL), the United Kingdom’s’ leading trade event for the international jewelry industry.
While registering a moderate 0.8 percent rise between the first and second quarter of this year, fancy blue colored diamond prices were on average 5.5 percent higher than where they stood during the second quarter of 2016.
Reputation is a critical factor in maintaining consumer confidence, especially for a non-essential luxury product. If that reputation is damaged, consumers may simply choose to spend their discretionary income in other ways.
The online market phenomenon is not killing the traditional brick and mortar store, but it is forcing it to rethink the way it does business. Part 1 of a 3-part series.
To popularize fancy brown diamonds, Rio Tinto began a massive marketing campaign that referred to them by a variety of more attractive and frequently appetizing names.
Better results by Asia’s largest jewelry retailer was indicative of a general improvement in the region’s luxury markets, which had been in slowdown since the second half of 2015.
This year the show will celebrate its 30th anniversary, with about 2,200 exhibitors from 41 countries and regions, serving 25,000 professional buyers.
MID’s exhibition booth, which is greeting buyers from all over the world, is located in the Diamond Plaza, at Bayside, Level 1, stand B52017.
For registered users, the MID Online service is not simply a search tool, but a comprehensive business application, which even enables clients to customize and embed the application on their own websites, allowing their customers to search the MID database, as if it were their own.
For four days, through June 9, the 2017 JCK Show in Las Vegas will grab the attention and the imagination of the American and international trades, and for the 20th year running MID House of Diamonds will be there in full force
In developing its online sales platform MID sought to accomplish two goals: offering the access, choice and immediate response provided by e-commerce, while maintaining the confidence of clients who were used to physically examining the diamond.
For 43 days over the coming 12 months, teams of MID sales executives will staff company booths at a variety of diamond and jewelry trade fairs in eight different countries, essentially bringing the company, its people and its merchandise directly to its market.
Sotheby’s magnificent jewelry sale on May 16 features pink and blue diamond earrings that together could bring in more than $68 million. In April a pink diamond broke records when it sold for $71.2 million in Hong Kong.
MID’s Belgian team has employed a various of means, both classic and cutting edge, to draw in buyers traversing the exhibition area at the CARAT+ show.
There literally are thousands of reasons to visit MID’s booth at CARAT+, most of them round, brilliant or fancy shaped. But here are another five.
Kim Kardashian is expecting a new baby any day now, but she’s also expecting something else entirely: a push present worth about $1 million.
Every year around Christmas, The Knot – a huge wedding online resource in the US – publishes results of The Knot 2015 Jewelry & Engagement Study.
2016 has begun, and like every new year, it too will try to bring fresh, exciting trends in fashion and accessories. Since not every year can witness the re-invention of the wheel…
Last week, a Belgian publication called Flair Magazine made some international buzz with an original campaign: under the motto “If you want it done right, do it yourself”, the magazine launched an “Ask him to marry you” campaign, encouraging women to propose their partners.
Having a hard time finding a gift for your loved one on Valentine’s? According to a recent survey by the National Retail Federation on Valentine’s Day spending trends, you can’t go wrong by sticking to one of these three classics – candy, a night on the town and of course – a piece of jewelry.
JCK Las Vegas is one of the premier jewelry events on the calendar with over 23,000 retailers and over 2,300 exhibitors from around the world showcasing new products, designs and trends from around the world.