Part 2: KPCSC wants Russia to help end impasse on new definition of conflict diamonds

In the first installment of this two-part exclusive interview with Shamiso Mtisi, the coordinator of the Kimberley Process Civil Society Coalition (KPCSC), we focused on illegal diamond mining in the continent and where the contraband ends up...

Today

Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

18 october 2021

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

DeBeers’ Forevermark upbeat about market recovery – report

28 may 2020

De Beers-owned retail brand Forevermark has registered a “strong” sales recovery at its stores in China since the outbreak of Covid-19, according to Rapaport.
Buyers in the populous Asian country are said to be returning to Forevermark’s stores “quicker” than projected and the brand’s jewellers have reported that the average sales price has remained stable, while the conversion rates in stores have doubled. 
“In China, Forevermark’s business has come back more rapidly than anticipated, as shoppers have begun to return to luxury goods, with branded jewelry, and bridal in particular, leading the recovery,” the company was quoted as saying. 

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Image credit: Forevermark (Facebook)



Forevermark chief executive Nancy Liu said diamonds will continue to serve as a powerful symbol of strength, resilience, beauty although the coronavirus pandemic will alter consumer expectations forever.
Forevermark’s US president Charles Stanley said the company will offer an expanded bridal product range. 
 “Throughout this crisis, we are seeing the significance of brands being maintained as consumers look to purchase fewer, better things that represent timelessness and have enduring value,” he was quoted as saying.
“The new collections we are bringing to market provide a breadth of product to connect with consumers across bridal, self-purchase and holiday occasions.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished