GemFind Newsletter 4-26-2016

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Diamond Growers Association Grows by 8

National Jewelers April 25

The International Grown Diamond Association, the organization created to represent the interest of the companies that produce lab-grown diamonds, has grown by eight members since it launched in February.

De Beers IIDGR Diamond Grading Reports to be Listed on RapNet

Rapaport News April 25

De Beers announced Monday that diamonds with grading reports from its International Institute of Diamond Grading and Research (IIDGR) laboratories can now be uploaded to RapNet – Rapaport’s Diamond Trading Network.

Ken Gassman IDEX April 25

Total sales of fine jewelry and watches in the US market rose by a solid 4.5 percent in February 2016 when compared to February 2015, according to preliminary data from the US Department of Commerce.

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Jewelry Search Terms Expensive, Ineffective Logan Sachon JCK April 25

L2’s “Watches & Jewelry 2016: Search insights” report looked at 66 luxury watch and jewelry brands to evaluate their search strategy and found that much of the money spent on search terms from search engine marketing (SEM) was wasted money.

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Another Diamond CEO Warns That Industry Recovery May Not Last

Thomas Biesheuvel Bloomberg April 26

Petra Diamonds Ltd.’s chief joined other mining executives in warning that it’s still too early to tell if the industry’s rebound from the worst year since the financial crisis will last. “Prices are up, the market definitely has a positive feel about it,

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World of Diamonds To Unveil ‘The Jane Seymour’ Blue Diamond Ring

Anthony Demarco Jewelry News Network April 22

The World of Diamonds Group, one of the world’s largest privately held diamond corporations, will unveil “The Jane Seymour,” a platinum ring plated with rose gold set with a rare 2.08-carat cushion-cut fancy vivid blue diamond.

Professional Jeweller April 25

Christie’s will hold its Magnificent Jewels auction at the Four Seasons Hotel des Bergues in Geneva on 18 May 2016. More than 280 lots estimated in excess of CHF 110 million (£78 million) will be on offer, including the Oppenheimer Blue diamond and jewels from the collection of H.S.H. Gabriela Princess zu Leiningen.

Yael Designs Pioneers New Fine Jewelry Technique

Robayn Hawk Daily Jewel April 21

Multi-Award-winning fine jewelry house Yael Designs pioneers a groundbreaking technology that allows a gemstone to be set inside another gemstone. Yael Designs premiered the never before seen technique in a one-of-a-kind $119,000 Sentience”

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Transparency and Accountability for Lab-Grown Diamonds

JCK Magazine April 25

In a world where technological and scientific innovations come at an increasingly rapid rate, facing the future can bring both excitement and apprehension. Think, for instance, of the debates around transparency and ethics triggered by genetic modification.

Customer Service Do’s and Don’ts for Diamond Jewelers

Jonny Katz Rapnet Blog April 26

Excellent customer service can make your reputation as a diamond retailer. According to this research by InsightSquared, 66% of customers switch companies due to poor service and 58% are willing to spend more on companies that provide excellent customer service.

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