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MID BLOG

INVITATION-ONLY CENTURION SHOW IN PHOENIX SET TO OPEN ARIZONA’S ANNUAL GEM SHOW FORTNIGHT

As it does it each year, through the end of January and the first two weeks of February the Arizona desert will attract gemstone and jewelry buyers from around the world. They are drawn into the western U.S. state not only by the generally sunny winter weather, but also by a series of trade shows, ranging from high-end events to displays literally arranged on the backs of trucks.
Much of the activity is centered in Tucson, located in the south of the western state, but for 19 years arguably one of the most prestigious events has takes place immediately prior, in Phoenix, about 170 kilometers to the north – the Centurion Show.
Featuring more than 150 high-end exhibitors, the invitation-only event traditionally has gathered in one place a sampling of buyers many of the more important retail outlets in the United States. Among the exhibitors is MID House of Diamonds.
Taking place from Tuesday, January 28, through Saturday, February 1, this year the show moves back to the JW Marriott Phoenix Desert Ridge Resort & Spa, just 20 minutes north of Phoenix Sky Harbor International Airport.
The dates themselves are significant, for Centurion will end four days before the start of the AGTA Gem Show in Tucson, allowing visitors to attend both events.

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GREETING THE 2020s: THE SHIFT TO ONLINE DIAMOND SALES

A watershed moment for the diamond industry occurred on May 29, 2018, the day before the start of the JCK Show in Las Vegas. In a move that few expected, the world’s most well know rough diamond mining company announced that it was launching a fashion jewelry brand with laboratory-grown diamonds called Lightbox Jewelry. They would begin selling online that September at a fixed price of $800 per carat, which at the time was about 75 percent lower than those being charged by existing lab-grown diamond producers.

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GREETING THE 2020s: LEARNING TO LIVE WITH MAN-MADE DIAMONDS

A watershed moment for the diamond industry occurred on May 29, 2018, the day before the start of the JCK Show in Las Vegas. In a move that few expected, the world’s most well know rough diamond mining company announced that it was launching a fashion jewelry brand with laboratory-grown diamonds called Lightbox Jewelry. They would begin selling online that September at a fixed price of $800 per carat, which at the time was about 75 percent lower than those being charged by existing lab-grown diamond producers.

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GREETING THE 2020s: AS DEMOGRAPHICS SHIFT, SO DO CONSUMER PRINCIPLES

The massive growth of the diamond market that occurred largely during the second half of the 20th Century, in the years following World War !!, was led by three generations of Western buyers, which today are known largely as the Great Generation, comprising individuals who fought or were married to soldiers who were involved in the Second World War; the Baby Boomers, who born during the economic boom period of 1950 and 1960s, and Generation X, which came into its own during the 1970s and 1980s.

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AS YEAR ENDS FOR REGION’S DIAMOND AND JEWELRY TRADE, BUYERS HEAD FOR JMA HONG KONG, LAST MAJOR SHOW OF 2019

JMA Hong Kong, the final major Asian trade show of 2019, which takes place for the 27th
time right at the start of the traditional Western holiday shopping season and about three
weeks before the beginning of the Chinese New Year, has become the focus of a great deal
of attention this year, in part because of the political turmoil currently bubbling in the Asian
business capital.

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ALROSA REPORTS DISCOVERY OF 232-CARAT GEM-QUALITY ROUGH DIAMOND

Alrosa, the state-controlled Russian diamond mining company that currently is the world’s leading diamond producer by output, has reported the discovery of a very large rough diamond, weighing more than 232 carats. The company says that it is largest gem-quality rough diamond found in more than three years.

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DIAMOND AND JEWELRY INDUSTRY ETHICS INCREASINGLY LINKED TO INTERNATIONAL STANDARDS

Expected standards of ethical behavior are increasingly becoming linked to a number of international ethical protocols, which also are applied in other business sectors, writes Tiffany Stevens, President of the CIBJO Ethics Commission in a recently published special report. Ms. Stevens is also President and CEO of the Jewelers Vigilance Committee, the chief legal body representing the U.S. jewelry sector.

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