New York Diamonds articles from September 2002

New York Diamonds archives from September 2002

Message from the publisher.(impact of terrorist attacks on diamond, jewelry industries)
September 1, 2002... Dear readers, A year later, the mind still struggles to grasp the magnitude of the horrific events of September 11, 2001. One thing is clear though--all that occurred since fell within the shadow of that terrible day. Within the space of...

Richard Liddicoat remembered. (Trade Notes).(former president of Gemological Institute of America)(Obituary)
September 1, 2002... Members of the gem and jewelry industry paid tribute to Richard T. Liddicoat, the man who is often called the "father of modern gemology," who died on July 23 at age 84 in Los Angeles. Liddicoat joined the Gemological Institute of America...

Russia considers a private Alrosa. (Trade Notes).(Russia to increase stake in Almazy Rossii - Sakha before privatization)(Brief Article)
September 1, 2002... The Russian government has announced plans to increase its shareholding in Alrosa, the state-controlled diamond mining company, and then to begin the process of privatizing it. And according to Alexei Kudrin, the country's deputy prime...

GIA conducts career fair. (Trade Notes).(Gemological Institute of America)
September 1, 2002... Streams of hopeful jewelers, designers, diamond sorters, salespeople and just about any kind of jewelry industry professionals made their way to the Javits Center on July 26 for the annual GIA Career Fair. On hand at the Javits Center...

Varda Schnitzer, 1925-2002. (Trade Notes).(Brief Article)(Obituary)
September 1, 2002... Messages of condolences flowed in from all corners of the globe to the Israel diamond complex, following the death of Varda Schnitzer at age 76. For 55 years, Mrs. Schnitzer had stood alongside her husband Moshe at the head of one of Israel's...

Something old, something new: the nation's largest retail jewelry chain is launching new proprietary diamond brands in a number of different divisions this fall. It is also focusing more closely on the ever-faithful bridal market. (The Diamond Market).
September 1, 2002... Zale Corp. plans to "return to its core roots" in fiscal 2003 by renewing its emphasis on the bridal market and developing branded diamond programs for its different divisions. This was part of the message the Irving, Texas-based chain's top...

Design returns at the JA Show: after an unfortunate absence, design makes strong return at this Summer's JA Show in New York. And it was not limited to the jewelry. Cut also was an element worth emphasizing. (Jewelry).(Jewelers of America Show)
September 1, 2002... Design, that element so often left behind in these economically-challenged times, made a strong comeback at the summer Jewelers of America Show, and it was a very welcome visitor. The diversity of those showing--international exhibitors,...

Respecting tradition: De Beers Chairman's Statement released: although the company is now private, De Beers Chairman Nicky Oppenheimer releases his annual statement, in which he reviews the state of the company and the industry over the past year. (De Beers).
September 1, 2002... There had been speculation that last years' annual report by the De Beers Group would be its last. Despite promises by company officials, there had been those who suggested that De Beers management would choose not to report publicly on its...

Security post 9/11: crime and security have always been primary concerns of the gemstone and jewelry sectors. But following 9/11, there has been an effort to discern whether jewelry and gemstone theft is part of the greater terrorism threat. As it turns out, such a contention is not so far fetched.
September 1, 2002... There are landmarks in everyone's life; moments that form the dividing line between the ways things were and way things are now. Without doubt, the terrorist attacks of 9/11 created one such moment. Whatever risks were perceived to be in...

The growing appeal of overnight shipping: more and more jewelers are discovering that security is enhanced by holding just the stock that they require at any particular time. For their diamond vendors, who consequently must supply immediate needs on a real time basis, this has led to the greater use of overnight shipping services. (Security).
September 1, 2002... Diamond dealers and diamond jewelry manufacturers are finding new ways of doing business more securely. Principally this means reducing the amount of traveling their salespeople do, by trying to do more business on the Internet and by...

Inevitably intertwined security and insurance rates: the level of security in your jewelry business can either save--or cost--you money on your insurance premium. (Security).
September 1, 2002... When it comes to jewelers' insurance, the extent of your security and your track record in avoiding losses are major factors in determining the premium you will pay, according to several insurance experts. Executives from several...

Leviev talks: in a rare interview, Israel's leading diamond exporter, discusses his global business. Despite his celebrated differences with De Beers, he confirms that he still receives a direct supply of rough from the South African mining giant. (The Diamond Industry).(diamantaire Lev Leviev)(Interview)(Excerpt)
September 1, 2002... Hanan Achsaf, a former president of president of both Motorola Israel and of the Israel-America Chamber of Commerce and Industry, was a featured speaker at a ceremony in Tel Aviv honoring Lev Leviev, the diamantaire and industrialist. "I have...

A cut above: in its quest for marketing supremacy, a South African company produces a cut more precise than almost any other the industry has ever known. (The Diamond Industry).(Rand Diamonds)
September 1, 2002... When De Beers urged its sightholders to "brand" themselves and their products, a scurry of activity followed. Companies announced their labels often with little more to back them up than the names they had been using for generations....

DDC delegation meets with NYC police chief. (DDC Facets).(Brief Article)
September 1, 2002... A delegation from the Diamond Dealers Club, led by President Jacob Banda, has met with New York City Police Commissioner Ray Kelly to discuss ways to upgrade security for 47th Street. Participating in the delegation were DDC vice president...

DDC sponsors JA show seminars. (DDC Facets).(Diamond Dealers Club, Jewelers of America)(Brief Article)
September 1, 2002... The New York Diamond Dealers Club raised its profile at the Jewelers of America summer show considerably this July, sponsoring three seminars on diamonds, on July 29. The first, "Looking Toward tomorrow--Diamonds and the Continuing...

DDC confirms election of remaining officials. (DDC Facets).(Diamond Dealers Club)(Brief Article)
September 1, 2002... The DDC has reported the election of Treasurer Eli Krischer and Secretary Sylvain Ringer. Due to a mechanical mix-up, the names of the candidates for the club secretary and club treasurer had been improperly listed when an earlier poll of DDC...

Conflict diamonds point man visits DDC. (DDC Facets).(Ambassador J.D. Bindenagel, state department official, visits Diamond Dealers Club)
September 1, 2002... Ambassador J.D. Bindenagel, the state department official who was appointed the U.S. government's special negotiator on issues concerning conflict diamonds, visited the DDC recently, where he met with key industry officials involved in the...