New York Diamonds articles from July 2004

New York Diamonds archives from July 2004

Message from the publisher.
July 1, 2004... Dear readers, The whirlwind of the JCK-Las Vegas Show is behind us, and some may be looking forward to the lazy days of summer. But, if the indicators provided by the jewelry trade fair are accurate, then there will be little time for...

Ronald Friedman elected president of DMIA.(Trade Notes)
July 1, 2004... Ronald J. Friedman, the president of William Friedman Diamonds, Ltd., has been elected unanimously the president of the Diamond Manufacturers and Importers Association of America (DMIA). He takes over from the outgoing DMIA president Leon...

GIA moves New York education center.(Trade Notes)
July 1, 2004... The Gemological Institute of America (GIA) has updated, expanded, and relocated its New York Education Center to Madison Avenue, and it now offers classes in gemology, jewelry design, and related subjects at the new location. The new...

IGI honored by New York City Council.(Trade Notes)
July 1, 2004... The International Gemological Institute (IGI) has been honored by the New York City Council and presented with a City Proclamation that notes the organization's contribution to lighting up four of the entryways into Manhattan. IGI...

'Catwoman' to promote right hand rings.(Trade Notes)
July 1, 2004... Building on the consumer response to its right hand ring campaign, the Diamond Trading Company has teamed up with Warner Bros. Pictures on a promotion for the movie "Catwoman," a major summer release coming to theaters in July 2004. ...

HRD to set up lab and office in New York.(Trade Notes)
July 1, 2004... The HRD, the Belgian industry organization which operates one of Europe's most prominent diamond grading institutions, has announced that it will be inaugurating its U.S. representative office and diamond grading laboratory in New York in...

Superbowl rings aim for maximum flash.(Trade Notes)
July 1, 2004... In keeping with tradition, the players of the New England Patriots 2004 championship team from the National Football League, were presented with diamond studded rings. And, according to team's website, this year the rings were the most...

JCK-Las Vegas gives thumbs up to recovery of U.S. market.(The Diamond Market)
July 1, 2004... Judging by both buyer and exhibitor reports, if there were any lingering doubts about the recovery in the U.S. economy, they were put to bed by the end of the 2004 JCK-Las Vegas Show, which took place at the Sands Expo & Convention Center...

As summer approaches diamond jewelry selling briskly: diamond jewelry sales heading into the summer are brisk, with the chains enjoying stronger growth than independents.(The Diamond Market)
July 1, 2004... As the U.S. economy continues to improve, retailers report that diamond jewelry sales continued strong into the second quarter. The market held steady through Mother's Day and its aftermath. While spiraling gas prices and expectations...

Heated WFDB-DTC dialogue: over Diamdel supply to market: the World Federation of Diamond Bourses and the Diamond Trading Company debate what was promised about the supply of uncut diamonds to the open market through De Beers' rough dealership.(The Diamond Industry)
July 1, 2004... A flurry of letters and other messages have been traveling back and forth between the Diamond Trading Company and the World Federation of Diamond Bourses, following an outcry on the part of the WFDB over what it considered double-speak by the...

Making the most of the advertising dollar.(Diamond Marketing)
July 1, 2004... 'The bigger question is, what is the cost to acquire a customer? After a number is established, how do you acquire more customers and lower the acquisition cost?' In days gone by, merchants of both loose diamonds and diamond jewelry...

Packaging the brand.(Diamond Marketing)
July 1, 2004... Now that the dust has settled on the Supplier of Choice upheaval, American diamond firms can more clearly see the paths open to them. One road leads straight to branding, which is still very much a factor in the diamond business--but it is...

Diamonds dazzle at auction.(Diamond Auctions)
July 1, 2004... When bidders fight over million dollar-plus diamonds, you know the market for jewelry has picked up. This Spring, 17 such items were sold at Sotheby's and Christie's. As has been the case for the past several years, Christie's was...

Striding toward major center status: Dubai is the logical location for the Arab world's first diamond bourse. It serves as a gateway to enormous markets on two continents, including the Persian Gulf states, Iran, the Indian subcontinent and Africa, and has long been an important regional center for gold sales.(The Diamond Industry)
July 1, 2004... The glittering market potential of the Middle East has mesmerized the diamond industry for many years. Now this crucial region has an official presence in the trade, with the March 29 opening of the Dubai Diamond Exchange (DDE). The new...

The magic of mele: designing with melee is an art with its own set of rules and traditions. It's all about lines, both geometric and flowing. And the role of the diamond supplier is of paramount importance.(Diamond Jewelry)
July 1, 2004... While big diamonds make the headlines, it's the tiniest of diamonds that are making fashion news in the jewelry world. Small diamonds--often expressed in terms of millimeters rather than weight--have become the paving stones of design, thanks...

Jacob Banda reelected DDC president.(DDC Facets)
July 1, 2004... Jacob Banda has been reelected president of the Diamond Dealers Club with more than 87 percent of the vote. Upon hearing the results Banda said, "I am deeply honored at the tremendous vote of confidence given to me by our membership in again...

World Congress set for October in New York.(DDC Facets)
July 1, 2004... The hosts of the 31st World Diamond Congress--the Diamond Dealers Club (DDC) of New York and the Diamond Manufacturers and Importers Association of America--have provided preliminary details about the event that is scheduled to take place in...

DDC president visits new bourse in Dubai.(DDC Facets)
July 1, 2004... A high-level delegation of diamantaires from New York, which included Jacob Banda, the president of the Diamond Dealers Club, and David Abraham, the DDC vice president, has made a three-day fact finding tour of Dubai. The delegation's...

Kimberley Process reviewed one year later.(DDC Facets)
July 1, 2004... At a meeting held at the Diamond Dealers Club, officials from the U.S. Kimberley Process Authority presented the status of the process, one year after it began. Martin Hochbaum, secretary of the US KPA and managing director of the DDC,...