IDE members about Hong Kong Fair: the market is back!

Press Release Submitted By Israel Diamond Exchange

IDE members about Hong Kong Fair: the market is back! Asia's largest jewelry fair inspires optimism toward holiday sales season and Israel Diamond Week in New York, November 10-13, 2014

Ramat Gan, Israel - September 22 2014: The September Hong Kong Jewellery & Gem Fair gave the overwhelming majority of Israel Diamond Exchange (IDE) members optimism ahead of the holiday sales season. Buyers, arriving in droves, returned to the market, inspected the polished diamonds for sale, negotiating and reportedly driving hard bargains and buying considerable amounts of goods. "I come away from this show with mixed feelings," said IDE member Eli Sadeh of the eponymous firm. "The first days were very busy, and it was obvious that the buyers - who came in large numbers - were making the rounds, taking in prices and comparing them. While they did come back and buy, overall price resistance was considerable," Sadeh reported. He continued and said that across the board, good sales were made because Israeli companies "needed to adapt themselves to the circumstances. This, of course, affected our price points, but I think that, overall, Israeli diamond firms came away with a good feeling from this fair." Shimshowitz Shlomo of Dov Diamonds, who is also an IDE board member, said the Fair had been satisfying for most of close to 100 members who had exhibited in the Israel Diamond pavilion. "Of course, anyone you talk to will tell you we came with rather low expectations. But I do think that the sales levels achieved have inspired all of us with optimism ahead of the year-end holiday sales season, he stated." Shimshowitz added he was confident that the upbeat feedback out of Hong Kong would be reflected in the other markets and would positively affect the upcoming Israel Diamond Week in New York in early November. Nir Scolnic of LN Diamonds, agreed. "The market, so we felt, is back. We saw buyers we had not seen in past years, from the smaller Asian Tiger economies, such as Vietnam, and, importantly, also from Korea." Scolnik said that LN Diamonds is a diamond manufacturing firm and a Rio Tinto and Alrosa core client. "Our clients appreciate our services, and they came back in good numbers. But we also made quite a few new, significantly successful contacts. Of course, the buyers showed resistance to prices, but as the market goes, ultimately demand will always be met by supply." Traffic in the Israel Diamond Pavilion was strong and buyers lauded the services offered by the Israel Diamond Institute's staff at the pavilion. "The Israeli pavilion is always a good place to visit as the services offered here, such as the diamond inventory search programs, are a great, and make it so easy to find what you are looking for, " a Hong Kong based buyer said. With the upcoming Israel Diamond Week in New York just six weeks away, American diamond buyers are encouraged to register for the event.

#DesignerSpotlight - Anabel Higgins Jewelry

A 5th-generation California girl, Anabel "Annie" Higgins began designing jewelry as a way to heal during her recovery from breast cancer. She turned her energy and focus towards reinventing vintage pieces with a modern twist, specifically focusing on British sporting metals.

The collection is fabricated in Los Angeles, each piece crafted in 18K Gold and/or fine silver. Many pieces are embellished with diamonds, and customers are encouraged to add their monogram, a special date or personal message on each piece to make it their own. A portion of proceeds from the collection are donated to breast cancer charities. 

Find more at: http://anabelhiggins.com/

Some Fun With Sotheby's Important Jewels Auction - the Results

OVERVIEW

The ‘Oiseau de Paradis’ Brooch: Fall Jewels Speak Volumes

RESULTS

Sotheby's 23 September auction of Important Jewels totaled an impressive 16,081,065 USD.

AUCTION DETAILS

From a ‘Oiseau de Paradis’ brooch by Schlumberger boasting fantastical colored stone plumage to an Art Deco inspired pair of David Webb diamond earrings framed by swirling enamelwork, the Important Jewels sale this September deftly guides collectors from day to night.  Modern classics are mixed among exquisite period jewels including a rare Belle Époque garland design bracelet by Cartier.  The sale also offers a superb array of top quality colored gemstones and diamonds, many of which are set in signed mountings.  Highlights include a 9.13 carat D color, Internally Flawless marquise-shaped diamond and a beautiful Colombian emerald presented in a vintage J.E. Caldwell setting.

BUT have you ever thought about shopping the auction for a special piece?  ...maybe and engagement ring?  ...she is a fan of the purest white diamonds?  the assortment at auction is amazing!  Priced from the thousands to the hundreds of thousands and everything in between...

OR even Colored Diamond Engagement Rings...and some have a storied past!

OR maybe she is your princess  - and you know just how to tell her...or she might like the sunny yellow sapphire like Jenny McCarthy or maybe the Heart Shaped Emerald from the collection of Romance Writer Danielle Steel - my personal favorite?  the Paraiba Tourmaline!

Kiran Gems Receives The JNA Manufacturer of the Year 2014

From a Press Release provided by the Kiran Gems

Kiran Gems Receives 

The JNA Manufacturer of the Year 2014 

Kiran Gems Private Limited, the world’s largest manufacturer of diamonds, has been recognized in JNA Awards 2014 for the title award category “Manufacturer of the Year – Diamond Cutting & Polishing”. The award was given on Tuesday evening, 16 September 2014 during the gala event organised by JNA and the whole industry was invited. Mr. Rajesh Lakhani – Director, Kiran Gems & Mr. Gautam Gopani - Director Kiran Export received the award on behalf of the company.

Kiran Gems won this award for its excellence in business performance through demonstrating strong financial performance, raising the existing high product quality standards even further, innovative management practices, best HR practices and state of the art manufacturing. The major challenge had been the coordination of this wide spread group and direct the focus toward the ultimate goal of “being a preffered supplier for our customers”. The company had significant growth in production, reach and foot print, customer base and made export to more than 30 countries in the said period.

Kiran Gems maintained its technology and market leadership position through the above said activities. The company has cut through a tough competition to achieve this prestigious award. Mr. Rajesh Lakhani – Director, Kiran Gems ascribed the award to the whole team of Kiran Gems saying “This is the recognition of hard work of all employees of Kiran and I congratulate them all.”

www.kirangems.com