Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

20 august 2018

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Diamond Empowerment Fund receives funding from JCK Fund

13 march 2018
The Diamond Empowerment Fund (DEF) has received a $100,000 grant for its “Diamonds Do Good” initiative from the JCK Industry Fund which helped launch the program three years ago.
JCK has again provided funding for the campaign, aimed at informing consumers about the industry’s contributions to society.
“Putting forward a positive narrative surrounding diamonds is essential,” said Anna Martin, president of DEF and senior vice president of the Gemological Institute of America (GIA). “Sharing these stories is not only good for business, it is a responsibility for the entire industry.”
Consumers are 75% more likely to buy a diamond after reading positive stories about the trade, such as how it gives back to society, according to research cited by the DEF. Based on this information, the initiative implements a storytelling format that reaches consumers using targeted online advertising and social media.
JCK will present the check to the DEF in May at the annual Diamonds Do Good Awards at JCK Las Vegas.