African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

Hong Kong jewellery sales decline a huge 47% in August

07 october 2019

The Retail sales in Hong Kong has registered the largest year-on-year decline on record for August. This is attributed to the ongoing pro-democracy protests.
It is reported that all aspects of trade have been hit with the jewellery, watch, clock and valuable gifts category seeing a massive 47 per cent decline in August.
According to media reports, department stores sales fell 30 per cent compared to a year ago with 30-80 per cent of the city's stores closed on October 1 due to city-wide protests that have caused a large decline in tourist numbers and weak local consumption.
The Hong Kong Retail Management Association (HKRMA), predicts the results for September to be worse than August.

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