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(September 8, ’11, IDEX)
(IDEX Online News) – Traders, wholesalers and service providers reported good business at International Jewellery London, which closed Wednesday evening.
While the floor was not crowded with visitors – the numbers are up from last year by about 2 percent to over 9,000 visitors – and the mood among buyers was cautious, the show was able to attract buyers stocking up on items.
(August 31, ’11, The BJA)
The KickStart initiative was launched as a bursary scheme for fledgling jewellery designers attending International Jewellery London for the first time and three years on it still acts as a commercial launch pad for the ten promising designers at one of the UK’s most prestigious industry shows. The project has been supported from its inception by the British Jewellers’ Association and Marketing Manager, Lindsey Straughton gives advice to the participates in a pre event workshop, hosted by the show organizers Reed exhibitions, as well as practical help on the stand during the show.
(August 23, ’11, HH Magazin)
Watches in gold and bi-metal experienced particularly sustained growth, both in value and in terms of the number of pieces. Mechanical timepieces lagged behind somewhat with growth in single figures. In all 2.6 million timepieces left Switzerland in July, bringing the running total since January to 16.6 million units (+19.8% compared to January-July 2010).
Nicolas and Nick Hayek
(September 8, ’11, HH Magazine)
Nicolas Hayek dropped the bombshell in 2009. Now his son Nick is putting the plan into practice. The Swiss watch industry will ultimately have to manage without Swatch Group for its parts. As the late Nicolas Hayek announced, this concerns everything from finished movements and assortments to escapements, balances and springs.
(July 7, ’11, Antwerp Facets)
Ahead of its Annual General Meeting to be held later today in Geneva, Richemont announces that its sales for the five months ended 31 August 2011 increased by 29 % at actual exchange rates. At constant exchange rates, sales increased by 35 %.
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Justine Bieber
(September 4, ’11, Antwerp Facets)
U.S. teen pop sensation Justin Bieber is doing his bit for diamonds – having ordered a custom-made diamond grill to cover six of his teeth.
It is not planned to be a permanent fixture, however, but rather as part of a Halloween costume.
(August 31, ’11, Antwerp Facets)
Online sales have come a long way over the past decade and continue to change the way we buy goods.
Would you buy a valuable piece of jewellery online? Would a man dare to buy an engagement ring to present to a woman he hopes will say ‘yes’ online without seeing and inspecting it?
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(September 7, ’11, JCK Staff)
The RapNet Diamond Index for 1 ct. diamonds fell 4 percent in August, the company said. Half-carat stones declined by 2.2 percent. Three-caraters dropped 5.4 percent.
A statement noted that sentiment in the diamond market had declined, because of apprehension about U.S. debt, slow U.S. and European economic growth, volatile equity markets, and low consumer confidence.
(September 8, ’11, Jeff Miller)
The Gemological Institute of America (GIA) graded the diamond on June 8, 2011 (GIA report 15154097).
According to the auction’s webpage, bidding went overtime, but closed at 3:15 p.m. EDT today.
(September 8, ’11, UInterview)
Silver screen icon Elizabeth Taylor will be remembered for her spunk, her spirit, and her sparkles. The Hollywood legend died in March at the age fo 79, but her $30 million jewelry collection survived her, and it will go to the highest bidder when each piece is auctioned off on December 13 and 14 at Christie’s auction house in New York.
The collection is comprised of more than 269 pieces, including the “Elizabeth Taylor Diamond,” a 33.19-carat Asscher-cut gem that Richard Burton bought for her when they were married. Though Burton purchased it for a mere $305,000 in 1968, the piece is expected to bring in up to $3.5 million today, 43 years later, according to the UK’s Telegraph.
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