Silver and diamonds - the "daily bread" of jeweler

GRINGOR is a St. Petersburg-based modern jewellery manufacturing company established in 2002. It successfully develops and implements the innovations, many of which resonate with the Russians and the people abroad. In 2012, GRINGOR was awarded the honorary...

Yesterday

Willie Nagel, a gentleman, who would have the strength and stamina to deal with business leaders and politicians, passes away

By Alex Popov

Willie Nagel passed away on July 14th. Friday he was buried in Israel. I was flying from New York with a stopover in London when it happened. Being unable to be there and express my feelings to Adam and Toni, I would like to...

20 july 2021

Diamond industry's reaction to KP impasse

The Kimberley Process Civil Society Coalition (CSC) recently said that it is planning to approach the United Nations (UN) over the impasse on the redefinition of conflict diamonds and the principles of responsible sourcing. The CSC representative...

19 july 2021

Natural and LGDs are two segments of the industry that will have to learn to coexist together

Having now completed half a decade in the diamond jewelry exporting and wholesaling industry, Anmol Bhansali received formal training on Diamonds from GIA in addition to a lengthy training in jewelry wholesaling from the factories at Goldiam. He has...

12 july 2021

L'ÉCOLE Van Cleef & Arpels: our mission is to share the jewelry culture with as many people as possible

France has gradually begun to lift quarantine restrictions on places of cultural recreation, including museums starting from May 19, 2021. The world-renowned L'ÉCOLE, School of Jewelry Arts (L'ECOLE des Arts Joailliers) Van Cleef & Arpels...

05 july 2021

The Jewellers’ Guild of Russia held its reporting and election meeting

23 june 2021
The Association "Jewellers’ Guild of Russia" held its reporting and election meeting on June 18. Due to the difficult situation regarding the incidence of coronavirus infection, the meeting was held in the format of a video conference.
The general director of the association, Eduard Utkin, reported on the state of the domestic jewelry market. Despite the difficult times, retail sales of jewelry in rubles remained almost at the same level. This is due to the fact that in retail and retail chains there was a cushion from the stock of goods. Production volumes in wholesale prices, then there is a drop. The negative picture is also shown by testing and branding, it illustrates the decline in the production of gold and silver products.
The number of small and medium-sized businesses in the industry is decreasing. There are prerequisites that this decline will continue in 2021, Utkin said.
The report on the financial and economic activities of the association for 2019-2020 was presented by the auditor Dmitry Kuntsev. He said that the main activity of the association during the reporting period was the development and establishment of business standards and rules, compliance with professional ethics and cooperation in order to create and develop the national jewelry market.

Alexander Shishlo for Rough&Polished