Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

ALROSA President announces plans to start branded diamond marketing during IDWI

15 february 2017
ALROSA President Andrey Zharkov said during International Diamond Week in Israel (IDWI) that the diamond producer is planning to launch marketing programs promoting Russian-mined diamonds. Zharkov is a guest of honor at the event.
Rapaport quoted Zharkov as saying that company will run pilot programs in key markets this year, marking the first time it is engaging in direct marketing of its own.
The move by the diamond producer to rename its Arcos Diamonds Israel office into ALROSA Israel was part of that strategy, he said.
“High-value, competing alternatives have fared better than diamond jewelry over the last decade,” he said during International Diamond Week in Israel. “We all need to increase our marketing effort. Over the next few years, it’s one of the strategic goals of the industry to increase demand at the consumer level.”
The Russian miner is one of seven member companies of the Diamond Producers Association, which is mandated to produce generic marketing on behalf of the industry.
Zharkov noted that millennial consumers were looking for assurances regarding the authenticity of their purchases, and therefore responsible sourcing of diamonds is necessary to protect the supply chain from undisclosed synthetic diamonds.
That is why ALROSA is participating in the Gemological Institute of America (GIA)’s “mine to market” program, Zharkov reported, which achieves the highest level of authentication and information about the entire life cycle and processing of a diamond, starting from mining the gem and ending in jewelry manufacturing.
Zharkov also reiterated ALROSA's plans to increase production by 5 percent to 39 million carats in 2017.

Theodor Lisovoy, Rough&Polished, Moscow