GemFind Weekly Industry News Jan.24, 2017

January 24, 2017

GemFind Weekly Industry News Jan.24, 2017

January 24, 2017 GemFind Marketing

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Rough Market Wakes Up at Large De Beers Sight           Jan. 24
De Beers rough-diamond sales jumped 32 percent year on year to $720 million during its first sales cycle of 2017 as manufacturers restocked following the holiday season. January is a seasonally busy month for the rough sector as traders and manufacturers return to the market 
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Dutch Police Arrest Seven People In Connection With 2005 Heist
IDEX                    Jan. 23
Almost 12 years on, seven people have been arrested in connection with the robbery of $72 million of jewelry from Amsterdam’s Schiphol airport in what is one of the world’s largest such robberies, authorities said.¬†
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JA Adds Consumer Voting Component to CASE
National Jeweler             Jan. 24
Jewelers of America is now accepting entries for its CASE Awards, which has a new consumer aspect this year. The organization’s CASE Awards honor jewelers who create jewelry pieces at the highest levels of creativity, artistry, skills and excellence (CASE) in both quality and style.  
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‚ÄėAbsolutely senseless‚Äô: Good Samaritan killed trying to stop jewelry store robbery in San Antonio
Washington Post                     Jan. 23

The shooting took place around 3:25 p.m. Sunday at the Rolling Oaks Mall in northeast San Antonio, according to a police statement. Upon arrival, officers found a male victim dead outside a Kay Jewelers store on the second floor of the mall. 
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Online Retailer Blue Nile Launches Diamond Buyback Service
 The Diamond Loupe         Jan. 20

The service works like this: Customers enter details of their stone’s grading report on the site and receive a minimum guaranteed cash offer. (For non-GIA reports, the price is adjusted based on a proprietary algorithm.) If there is no report, no offer is given.
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VicenzaOro’s Award Winners: A Complete List

 JCK                      Jan. 21

VicenzaOro, the fine jewelry trade show running Jan. 20‚Äď25 at the Fiera di Vicenza convention center in Vicenza, Italy, held its annual Andrea Palladio International Jewellery Awards ceremony last night‚ÄĒhonoring excellence in (primarily Italian) brands and designers.
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Chopard turned the 342-carat Queen of Kalahari rough diamond into an entire high jewellery collection
The Telegraph               Jan. 21
If any jewellery house has perfected the art of the photo opportunity, it’s Chopard. Official partner of the Cannes Film Festival since 1998, in 2007 Chopard launched its Red Carpet Collection, and its creations have been draped across Hollywood’s 
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Cartier Expands Fine Watchmaking Collection With Refined New Additions
 Haute Time             Jan. 24
Ever since its introduction in 2008, the Fine Watchmaking Collection has been Cartier‚Äės calling card when it comes to complicated pieces. Many of them unique and never done before. For the SIHH 2017 Cartier is expanding the collection with new models, as well as some varieties of existing models.
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The Israeli Diamond Industry    

For the third year in a row, Shri Savjibhai Dholakia, CEO of Surat-based Hari Krishna Exports, is giving his employees a good reason to perform well: according to Diamond World, Dholakia distributed 1,200 cars ‚Äúas incentives to his performing employees‚ÄĚ.
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2017 is the Year of the Red Female Fire Chicken…¬†
Daily Jewel         Jan. 17           
2017 Chinese New Year Day is arriving on January 28, 2017. That is the 4714th Chinese year. The zodiac sign of 2017 is Chicken or Rooster. According to  the Chinese Horoscope calendar, 2017 is the Female Fire Chicken year.
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Trading Safely Online: Top Tips for Avoiding Email Fraud, Phishing Scams and Hackers
RapNet Blog              Jan. 24  
Just as with offline trading, trading diamonds online can attract opportunists and thieves, so it is vital to be as vigilant with cyber security as the security measures you take to protect your physical diamonds.
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