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...


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

Blue Nile net profit went up 30% in the first quarter of 2014

06 may 2014

Blue Nile, Inc., the leading online retailer of diamonds and fine jewelry, recently reported financial results for its first quarter ended March 30, 2014.
Net sales increased 6.8% to $103.7 million for the first quarter ended March 30, 2014 compared to $97.1 million for the first quarter ended March 31, 2013. Operating income for the quarter totaled $1.6 million, representing an operating margin of 1.6% of net sales, compared to $1.2 million in operating income and 1.2% operating margin for the first quarter of 2013. Net income totaled $1.1 million, or $0.08 per diluted share.
"As we announce our financial performance, we remain steadfast in our execution of three key initiatives in 2014," said Harvey Kanter, President and Chief Executive Officer. "These include enhancing the user experience; developing our product lines in bridal and diamond jewelry, as well as fashion pieces through The Designer Collective; and expanding internationally by building our presence in China and growing our established markets. Through these initiatives, we continue on our quest to be nothing less than the worldwide leading retailer of bridal and fine jewelry."
Blue Nile reported U.S. engagement net sales for the first quarter 2014 increased by 8% to almost $60 million, compared to $55.3 million for the first quarter of 2013.

Olga Patseva, Editor in Chief of the American Bureau, Rough&Polished