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...

Today

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.

Today

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.

Today

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...

Today

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.

Today

Snapshot of the modern jeweller

20 september 2019
(jewellermagazine.com) - We have all heard the saying, ‘Things aren’t the same as they were 20 years ago.’ That’s largely because of the Internet; not only is there competition between local jewellers, businesses are also competing with the rest of the world. Yet it’s essential for jewellers to embrace the technology available to them or be left behind. The way people shop for their jewellery has changed. Frequently, customers – especially those in the 20- to 40-year-old bracket – will look online prior to making a purchase. Their online research can prompt them to look for savings by either purchasing online or using their research to request discounts or matched prices from their local jeweller.