Israeli diamond export down 21.1 pct in first 3 quarters

Israeli diamond export, one of the state's leading export branches, fell 21.1 percent year on year in the first three quarters of 2019, Hebrew-language news website "Ynet" reported Tuesday.

Today

Award-winning Thai jewelry to be showcased at International Chanthaburi G&J Festival 2019

After The Gem and Jewelry Institute of Thailand (GIT) announced eight finalists of the GIT 13th World Jewelry Design Award, Thai artisans are transforming these intricate designs into beautiful and wearable jewelry pieces, which will be seen...

Today

AGD report recognized best at Micromine International Conference

AGD DIAMONDS received the highest award at the VIII Conference of Micromine Users held last week at the Minex Russia mining and geological forum, the largest international symposium in the Russian Federation on topical issues of exploration, mining and...

Yesterday

The VIIIth Ecological Forum will be held in Moscow on October 17-18

VIIIth Ecological Forum “Corporate Responsibility to the Future. Technology for Society and Nature” will be held in Moscow on October 17-18, 2019.

Yesterday

Petra revenue down 6% to $463mln as diamond prices weaken

Petra Diamonds’ revenue for the fiscal year 2019 decreased by 6% to $463.6 million from $495.3 million, a year earlier, reflecting the weaker diamond market.

Yesterday

Why Expensive Luxury Brands are Often Priced Too Low

01 october 2019
(jingdaily.com) - Recently, an associate in Shanghai bought a Hermès handbag for about $15,000. She said she fell in love with the brand and that specific bag, and her dream was to own it (and she would have done anything to get it). Luxury is like love, and once consumers fall, prices no longer matter to some extent. Today, most luxury brands price benchmark their products with the products of their competitors, or else they use production costs as their pricing measure. This is the wrong idea, and I’ll explain why.