Thai coloured stones and silver jewellery sector looks to China for growth

The Commercial Consul, Royal Thai Consulate General in Shanghai has commented on the considerable potential for Thai jewellery to penetrate the Chinese market, adding that coloured stones and silver jewellery are gaining in popularity among young Chinese...

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ALROSA sold 102 diamonds during its May online tender

ALROSA sold 102 diamonds from boxes of 5-10 carats during its online tender, which took place from May 15 to May 29, 2020.

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Hong Kong’s jewellery sales dip 77 % in April 2020

According to Hong Kong’s Census and Statistics Department, Hong Kong’s jewellery sales dropped drastically in April, despite the markets opened up after COVID-19 threat.

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Petra Diamonds Q3 revenue slides 32% to $91.3M

Petra Diamonds, which has operations in South Africa and Tanzania, says its third quarter revenue for the fiscal year 2020 eased 32% to $91.3 million compared to $135.2 million, a year earlier mainly due to reduced prices recorded at the March tender...

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Synthetic diamond manufacturers clash over patents

The lawsuit between the companies producing synthetic diamonds is subject to further consideration, since there are sufficient grounds for litigation regarding the methods of production and processing of stones.

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What Does the Future of Jewelry Look Like? Climate Change.

19 september 2019
(janosconsultants.blogspot.com) - Climate Change.  The subject is the undercurrent for everything we do today.  We do not know how to handle it personally, as it represents a huge looming threat to life as we know it, and that in itself leaves us feeling unmoored and anxious.  There is international agreement that the threats may be existential.  This is not a cyclic occurrence, unless we are dealing in eons.  The solutions, if attainable, may well be epic in scale. It appears that there will not be any aspect of human activity and life that will not be impacted, no matter what actions the nations of the world take. I believe that one aspect of people's psychological reaction to the potential for severe environmental degradation is to go and see as much of it as possible before it disappears or becomes unaccessible. Still, it strikes one that people will spend many thousands on travel, but not consider that kind of expenditure for jewelry.  Could that be a telling valuation of what jewelry might mean under this clouded outlook?  We could make a similar comparison with other luxuries, and weigh whether it is the climate outlook that is a cause, or a simpler change in preferences, in views on categories, brands and images.