GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

ALROSA Considers Long-Term Supply Contract with Signet

03 march 2014

ALROSA, Russia's diamond monopoly, could sign a long-term contract with Signet, which owns a network of jewelry stores in the United States and United Kingdom, an ALROSA representative told Interfax, Rapaport reports.
ALROSA's new three-year contract period begins in 2015. The company plans to raise the number of long-term clients in that period to more than 50. "And ALROSA will be taking previous experience and volumes of work with these clients into consideration," the company said.
When signing long-term contracts, ALROSA focuses on major diamond cutting firms and jewelry retailers as the most stable and predictable clients, the company said. ALROSA needs to expand its client base in connection with forecast growth in output and the sales of some of its diamond stocks.
In the past, ALROSA has signed long-term contracts to supply rough diamonds to two major jewelers, Tiffany and Chow Tai Fook.
“ALROSA might be interested in signing contracts with either premium jewellery brands or large jewellery producers focused on medium-priced products,” the company’s representative noted.
ALROSA currently has 41 long-term clients including 7 Russian companies and one Belarusian producer. Vast majority of the clients are Indian, Belgian, Israeli and Chinese jewelers and dealers. Similarly to De Beers’ sightholders, ALROSA’s long-term clients (forming ALROSA Alliance) make regular purchases of rough diamonds during monthly trading sessions, at prices set by the company’s council based on the global market environment.
Signet is the largest specialty jewellery retailer in USA, which owns Kay and Jared brands and UK-based brands Ernst Jones, Leslie Davies and H.Samuel.