New York Diamonds articles from March 2011

New York Diamonds archives from March 2011

New York's DDC elects Moshe Mosbacher as president.(Trade Notes)
March 1, 2011... Members of the Diamond Dealers Club of New York, the largest diamond exchange in the United States, elected Moshe Mosbacher as president in elections held on February 16 with an overwhelming margin of two-thirds of the vote. Meanwhile, Basant...

Museum launches exhibition of Van Cleef & Arpels jewellery.(Trade Notes)
March 1, 2011... The Cooper-Hewitt National Design Museum in New York has launched a new exhibit devoted to the diamond jewellery designs of famous jewellery company Van Cleef & Arpels. Since its opening on the Place Vendome in Paris in 1906, Van Cleef &...

Diamond dealers staged phony robbery for insurance claim.(Trade Notes)
March 1, 2011... Two New York diamond dealers staged an elaborate, phony robbery at their shop in a bid to claim $7 million in insurance to rescue their troubled business, a Manhattan court has heard. But their efforts were captured on a surveillance system they...

U.S. firm creates luxury diamond pacifier for babies.(Trade Notes)
March 1, 2011... An American company has come up with a replacement for babies born with a silver spoon in their mouth - a pacifier set with diamonds that will set back the person buying the pacifier as a gift a princely $17,000. [ILLUSTRATION OMITTED] ...

Heart-shaped 56.15-carat diamond to be highlight at Christie's Magnificent Jewels auction.(Trade Notes)
March 1, 2011... A flawless D colour 56.15-carat heart-shaped diamond is certain to be the highlight of Christie's Magnificent Jewels auction in Geneva in May. The type IIA diamond has a pre-sale estimate of $9 million-$12 million. Exceptional diamonds have...

Shalimar Ring featured at opening of Nirav Modi salon in Mumbai.(Trade Notes)
March 1, 2011... The Shalimar Ring worth $2 million was the highlight at the opening of the Nirav Modi salon in Mumbai by the Indian pink diamond luxury retailer which will be selling jewelry set with Rio Tinto's rare Argyle pink diamonds. [ILLUSTRATION...

Sports card company celebrates diamond anniversary with diamond rings.(Trade Notes)
March 1, 2011... American company, Topps, which makes entertainment products, notably collectible trading cards, confections, sticker collections, and collectible strategy games, celebrated its 60th anniversary by giving away a diamond ring on Valentine's Day....

The DDC transformed: online and nationwide.(COVER STORY)
March 1, 2011... For more than 60 years the most important strip of asphalt in the international polished diamond trade has run along 47th Street between Fifth Avenue and Sixth Avenue in Manhattan. For it is in the buildings lining the street that about half the...

We plan to reclaim leadership of U.S. diamond market.(Interview)
March 1, 2011... SAYS DDC PRESIDENT MOSHE MOSBACHER Newly re-elected, Moshe Mosbacher has served as president of the Diamond Dealers Club since 2009. Before that he served as DDC vice president, chairman of the organization's Board of Arbitrators, and as an...

Jewelry TV's direct marketing brings irradiated fancy color diamonds to the masses.
March 1, 2011... It's President's Day, Monday, February 21. Most kids are in school, but many adults who work in government, banks or certain other jobs have the day off. On a gray and rainy day, with a hard winter behind us, what better 10 do than watch TV--and...

Manufacturers seek stability amid fragile recovery.
March 1, 2011... The nascent recovery in U.S. diamond manufacturing is backed by growing consumer confidence and retail demand, but is overshadowed by the same worries confronting the rest of the diamond trade--rapidly rising prices for rough goods and an...

Economics and demography giving boost to Indian jewellery retail market.(Reprint)
March 1, 2011... Although the diamond and jewellery industries' eyes are usually turned toward China where any discussion of the emerging markets in the east is concerned, India appears to currently have the more developed jewellery market. Although the Chinese...

Spotlight falls on DRC, as it assumes Kimberley Process Chair.
March 1, 2011... With the Chair of the Kimberley Process (KP) passing to the Democratic Republic of Congo (DRC) on January 1, 2011, the spotlight has been turned on the central African nation. In many respects, it is a country that could benefit greatly from the...

Our primary role is as facilitator, says incoming AWDC CEO.(Interview)
March 1, 2011... The new year began with a new head for the Antwerp World Diamond Centre (AWDC), as Ari Epstein took over as Chief Executive Officer. He was previously Director of the AWDC's Diamond Office from 2005, and Deputy CEO 2008-2010. He gave his views...

Lower exhibitor numbers at JA winter show.
March 1, 2011... Once it occupied both levels of the sprawling Jacob Javits Convention Center on New York's west side; now it takes up perhaps a quarter of the space. Yet this winter's Jewelers of America show seemed to have been given a shot in the arm. There...

Buyers return to Tucson gem shows, seeking green.
March 1, 2011... The Tucson gem shows are always a varied pageant and are the second most important tourist event in the state of Arizona every year, Douglas Hucker, CEO of the American Gem Trade Association (AGTA), said. The Gem & Jewelry Exchange Show was...

Survey shows affluent shoppers also taking to technology to do shopping.
March 1, 2011... A new survey appears to show that affluent American consumers are joining lower and middle income earners surfing on the web in order to find the best prices for goods--including jewelry. Previously, it was widely believed that it was consumers...