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It's our responsibility to capture the imagination of future generations towards diamonds

As CEO of Beverly Hills-based Grand Metropolitan - a privately-held luxury goods holding company with a 130-brand portfolio - Vin Lee carries the burden rather lightly on his shoulders. Having migrated from Canada as a baby, it did not take long for...

11 december 2017

‘Non-diamond producing countries shouldn’t lead KP’

Non-diamond producing countries should not lead the Kimberley Process (KP) as was the case last year with the United Arab Emirates (UAE), according to the African Diamond Council and African Diamond Producers Association chairperson...

04 december 2017

Jewellers’ Guild of Russia sees its mission in creating highly developed national jewellery market

In recent years, the Jewellers’ Guild of Russia has noticeably stepped up its activities. Eduard Utkin, General Manager of this Association told Rough & Polished about what is happening in the country’s jewellery sector, the tasks facing the community...

27 november 2017

Any color diamond is a great investment

Bruno Scarselli belongs to the 3rd generation of the Scarselli family, which has for the last half-century been producing and selling some of the world’s highest quality yellow, blue and pink diamonds available on the market. Bruno heads the company...

20 november 2017

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

Jewelry crime in U.S. on the rise in 2016

20 march 2017
Crime connected to jewelery industry rose 6 percent year-over-year in 2016 for the first time since 2012, the Jewelers Security Alliance study shows.
According to the report, the total number of crimes committed against U.S. jewelry firms and reported to the JSA last year was 1,245, compared with 1,177 in 2015.
This is the first time since 2012 that the number of jewelry industry crimes reported to the JSA has risen. The numbers overall still are relatively small though, JSA said, and industry crime remains well below what it was in decades past.
Outside of credit card fraud--only a fraction of which gets reported to the JSA, the most frequent type of crime perpetrated against jewelers last year was grab-and-run thefts. The number of grab-and-runs rose 40 percent year-over-year, from 301 in 2015 to 420 in 2016. The number of robberies fell from 231 in 2015 to 174 in 2016, a 25 percent decrease.
The number of attacks on traveling salespeople as well as crime against jewelers at their homes or other places outside their stores, fell to a total of 48 in 2016.

Theodor Lisovoy, Rough&Polished, Moscow

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