GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

KP Chair holds discussions with Japan's G&J trade organisations

30 november 2016
The KP Chair, Ahmed Bin Sulayem, met with officials from the Tokyo Diamond Exchange Club, Japan’s leading jewellers and the Japan Gem Society during his visit to the country.
“Consumers are naturally at the heart of the diamond supply chain, because without them and their trust, the industry would not exist,” said Bin Sulayem. “Japan is the only high profile diamond consumer market where millennial ownership is considerably lower (31%) than older customers (66%). As the former group buys the most diamonds on average globally, there is clearly substantial scope to raise awareness for the value of and confidence in these gems.”
Japan is the fourth largest consumer of diamonds in the world behind US, China and India. It made up 7% of the global diamond jewellery market share in 2014, amounting to $5.8 billion; meanwhile, it imported $18.3 million in rough diamonds in 2015.
“While the KP’s primary function is to stem the flow of conflict diamonds, over the past year, we have also sought to strengthen the foundations of the broader industry through initiatives such as rough diamond valuation,” he added.
“Japan has always been one of the most important diamond consuming nations in the world and the ongoing demand in this market is critical to the long-term sustainability in the diamond industry, which is an issue all stakeholders must work together collectively to address,” said Ahmed Bin Sulayem.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished