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Message from the Publisher.(economic forecast)(Brief Article)(Editorial)(Statistical Data Included)
January 1, 2001... Dear readers,
Time magazine waited for the Christmas shoppers to go home, before it ran a January 8 cover entitled "Here Comes the Slump."
There was a sense of inevitability about it as well, the magazine intimated. "The big guessing...
SEEING RED.(red diamonds)(Brief Article)(Statistical Data Included)
January 1, 2001... I would like to clarify the comments I made, and which were published in the article titled "Full-spectrum attack" (NYD, volume 62, November 2000, p. 42). I have been collecting and trading fancy color diamonds for 20 years and, in all that...
Record DTC rough sales.(Diamond Trading Company)(Brief Article)(Statistical Data Included)
January 1, 2001... Following the final sight of 2000, De Beers' Diamond Trading Company (DTC) announced in December that the year had witnessed record sales of rough diamonds by the organization. In total, some $5.67 billion worth was sold, 8 percent more than...
Web offerings.(online jewelry retail)(Brief Article)
January 1, 2001... The dot-com sector may be having its problems, but Internet trading clearly is not a passing phase. Indeed, jewelry-e-tailers appear to have emerged from the holiday season more satisfied than their bricks and mortar counterparts, although...
Forever in China.(Forever Diamond Club, Beijing, China, appoints Larry Kar)(Brief Article)
January 1, 2001... Larry Kar, a New York diamantaire, has been appointed the vice chairman of the Forever Diamond Club in Beijing, China.
The club is an organization specializing in the promotion of diamonds in China, enjoying the support of De Beers'...
For the bookshelf.(Forever Brilliant, Blue)(Review)
January 1, 2001... Among the books on offer this holiday season were two contributions by members of New York's gemstone trade.
Forever Brilliant is essentially a catalog of the Aurora Collection, the world's most famous colored diamond collection,...
Still bullish on diamonds.(forecasting strong diamond sales)(Statistical Data Included)
January 1, 2001... Volume jewelry retailers expect to see diamond sales continuing to trend upward, despite an overall slackening of jewelry sales, increasingly negative economic indicators and ongoing bad industry publicity on a variety of ethical issues.
...
UN unites against conflict diamonds.(used to arm rebel movements, with various country statements)
January 1, 2001... In a rare display of unanimity and determination, the United Nations General Assembly met on December 1, 2000, and called upon all member states "to implement fully Security Council measures targeting the link between the trade in conflict...
Taking to the streets.(American public learns of conflict diamonds)
January 1, 2001... With his earlier CARAT act dying a fiery death on the floor of Congress, Rep. Tony Hall proposed a second bill aimed a controlling the flow of conflict diamonds into the United States. He also took the streets in an effort to get the jewelry...
RETAILER JURY STILL OUT ON BRANDING.(brand name diamonds)
January 1, 2001... Although many major jewelry retailers market branded diamonds in their stores, they still question whether the majority of consumers will ever favor and demand a branded diamond.
Diamond branding is quickly shaping up as one of the key...
Diamonds on the block.(jewelry sold by auction houses still good business for dealers)
January 1, 2001... The headline sales may be lacking, but there is still money to be made at auctions. However, it takes a savvy dealer to do so. He or she must be able to identify goods that will fetch a price beyond their certificate value.
Forget the...
Graff comes to New York.(diamond jeweler Laurence Graff)(Interview)
January 1, 2001... Laurence Graff, one of the world's most celebrated diamond jewelers, finally brings his big stones to the Big Apple.
When Laurence Graff opens is store on Madison venue in New York City sometime in the new year, he will brings with him a...
AN ONGOING REVOLUTION.(lasers)
January 1, 2001... The laser's conquest of the diamond business has been slow but consistent. Today, the tool is used at almost every stage of the production and sales process, and in some areas where the industry would prefer that it is not.
The concept...
Branding Brilliance.(Schachter-Namdar introduces Leo diamond)(Brief Article)(Statistical Data Included)
January 1, 2001... The Schachter-Namdar group introduces the Leo, a 66-facet brand-name diamond, which it says outperforms a conventional 58-facet round stone in terms of brilliance, fire and sparkle. With a multi-million campaign behind the project, the Leo is...
DDC delegation visits China.(Diamond Dealers Club)(Brief Article)(Statistical Data Included)
January 1, 2001... In late October, members of the Diamond Dealers Club, along with representatives of bourses from Israel, Japan and Singapore bourses, attended the opening of the Shanghai Diamond Exchange. Also attending was Eli Izhakoff, chairman of the...