GJ Town India

A modern icon of Unsurpassable style! Inspired by Mr. Winston’s preferred diamond cut, the Harry Winston Emerald Collection is a modern icon of unsurpassable style. For Mr. Winston, the emerald-cut was the most elegant and flattering cut for precious stones and became intimately associated with the creations of the New York jeweler. The intense blue and white dials, the diamonds and the distinctive shaped case of the Harry Winston Emerald timepieces allude directly to Mr. Winston’s extraordinary legacy. It is the perfect luxury accessory for women who want both the practicality of a timepiece and the hallmark glamour of Harry Winston jewels. Harry Winston Emerald is in 18K white gold, with Quartz movement, Hours and minutes and Blue satin sunburst dial. Blue satin double tour strap. Dimensions: 17.75mm x 24mm. Each stone at Harry Winston has been cut and polished to release all its brilliance and distinctive beauty. "No two diamonds are alike," Harry ...

https://youtu.be/W2dbm2x3DwU?t=21 DPA collaborates with the industry to create a new occasion for diamond purchase The Diamond Producers Association (DPA), an international alliance of the world’s leading diamond mining companies, is working with stakeholders in the industry to create a new occasion for diamond purchase. Through consumer research, DPA discovered that 39% of Indians consider the birth of a child to be an auspicious occasion for purchase of jewellery. Basis this insight, the idea was to create an occasion specific and unique to diamond jewellery gifting and purchase. The birth of a child is perhaps the most authentic, precious and rare moment for any couple, as it is the day their bond strengthens further with parenthood. Only a gift that is as real, rare unique and precious as a diamond can commemorate the journey of this couple as they become a family. A diamond has many parallels to this celebration of life and hence DPA’s vision of “Celebrati...

Spending on jewelry to grow by 31% Expected to total a record $25 billion! Mother’s Day spending is expected to total a record $25 billion this year, up from $23.1 billion in 2018, according to the annual survey released by the National Retail Federation. A total 84 percent of U.S. adults are expected to celebrate in honor of their mothers and other women in their lives. “Mother’s Day spending has been growing consistently over the past several years, and this year’s spending is expected to be the highest in the 16-year history of our survey,” NRF President and CEO Matthew Shay said. “Consumers are excited to celebrate all the moms in their lives, and retailers are ready to inspire consumers with unique gift options.” While the number of people celebrating Mother’s Day is in line with last year’s 86 percent, those celebrating are expected to spend more at an average $196 compared with $180 in 2018. Consumers ages 35-44 are likely to spend the most at an average $24...

GIA Furthers Best Practices with Improved KYC Program! To comply with applicable laws, regulations and best practices, GIA (Gemological Institute of America) is enhancing its ‘Know Your Customer’ (KYC) program. This program supports the high standards of integrity that align with GIA’s mission of ensuring the public trust in gems and jewelry. All new and current laboratory clients will be required to confirm the identity and ownership of their businesses, and to provide identifying information for all authorized representatives conducting business with GIA on their behalf. These requirements are recognized globally and are not unique to GIA. “GIA will only conduct business with reputable customers, suppliers and other third parties involved in legitimate business activities whose funds are derived from legitimate sources,” said Elizabeth Keating, GIA’s chief ethics and compliance officer. “As a global Institute, we have a responsibility to make all reasonable efforts t...

To organise jointly on 21 & 22 May 2019 The Antwerp Diamond Experience-China is to be held on 21 & 22 May 2019 is jointly organized by AWDC with the Guangzhou Diamond Exchange! During this two-day networking program, a select delegation of Chinese diamond buyers will visit Antwerp, to create an unique opportunity to expand diamond business into the jewelry market of China.   According to AWDC, the program includes, 1: An exclusive meet & greet with the Chinese delegation, 2: Individual B2B meetings, 3: A networking dinner with rest schedules! Registration to participate the event is on & would remain open untill May 7 where registered diamond companies of Antwerp can participate! AWDC says, “Limited spaces are available for companies from all three categories (small, medium, large). We will review each registration individually.” About 15 Chinese buyers are a formation of retailer, manufacturer & wholesalers. Collectively they spread in abou...

Platinum for this Akshay Tritiya! Platinum is most focussed metal for the coming Akshay Tritiya in India, the one of the most auspicious day to buy an asset, precious metal & related jewelleries! No doubt people of India are weaning on gold yet the learned trend & various media report shows platinum in demand for this Akshay Tritiya! Let’s learn choicest two quote-n-expressions of jewellery player to draw our own conclusion! Mr Rohan Sharma, Managing Director of RK Jewellers South Extension said, “The demand of platinum in the past one year has increased almost double (40 per cent) and will continue to see high till Akshay Tritiya.  We are expecting good sales this time of platinum apart from gold and diamonds. Indian men, especially millennial have developed their taste in platinum as it gives classy look”. Another player is Mr Shehzad Zaveri, Creative Director of Minawala said, “We are glad to see that people are opting for different options and thi...

Royal Canadian Mints for LGBTQ2 While Canadians' are known for their strongly held values of diversity, inclusion and equality, for many years, LGBTQ2 Canadians were not treated equally. Today, the Royal Canadian Mint is proud to launch a one-dollar circulation coin commemorating 50 years of progress in recognizing the rights of LGBTQ2 Canadians.   It was a 1969 Act of Parliament that marked the initial milestone on the journey to equality for LGBTQ2 communities by decriminalizing homosexual acts between two consenting people of 21 years or older.   The new coin, combining the words, EQUALITY-ÉGALITÉ with the signature work of Vancouver artist Joe Average, starts circulating. It was also launched through an official unveiling at the 519 Community Centre, in Toronto, Ontario. "For the past 50 years and beyond, Canadians have fought for their right to love, marry, start a family and live openly as their most authentic selves," said Bill Morneau, Minister ...

Myntra and Fossil Partner to launch Tryst Myntra announces that it has partnered with Fossil Group to launch the world’s first collection of watches designed by insights derived from Artificial Intelligence. Tryst offer consumers the most on-trend, stylish and contemporary watch design, identified by Vorta – Myntra’s AI Platform for predicting fashion.   In a fast-paced world, where ideas, concepts and even tastes tend to progress more rapidly, Tryst offers fast fashion in watches. It will be releasing new capsules every three months, redefining industry standards compared to other watchmakers who usually turnaround collections in a year’s time.  This is being made possible by the Vorta engine that provides insights on dials, dial sizes, colours, designs, finishes and more, through a systematic and accurate prediction of trends. Tryst derives its name from people’s tryst with time during every day routines and the heartiest of moments, and connects it me...

Contemporary Gold Collection by OM Jewellers   OM Jewellers is reinventing designs in gold by creating a contemporary fusion collection of gold jewels. The delicately crafted earrings and neck-pieces are sprinkled with colourful enamel work and small stones. These versatile pieces complement western, Indian and fusion styles. Each piece is a mélange of minimalistic design, infused with the latest trends.   The antique touch to gold makes it wearable for fancy day time soirees as well as evening events.

Guidelines to reach target of 3.3 to 3.45 million carats! Mountain Province Diamonds announces production and sales results for the first quarter ended March 31, 2019. Accordingly in Q1 2019 the Gahcho Kué Diamond Mine treated about 870,949 tonnes is an 11% increase YoY. During the Q1 Gahcho Kué recovered 1,584,552 carats remained lower than Q1 2018 of 1,641,000 carats. On the other hand Mountain Province, in Q1 2019, sold 643,739 carats at an average value of $USD 71 per carat ($CAD 94 per carat) for total proceeds of $USD 45.8 million ($CAD 60.7 million) in comparison to 527,000 carats sold at an average value of $USD 99 per carat ($CAD 126 per carat) for total proceeds of $USD 52 million ($CAD 66.6 million) in Q1. Reid Mackie, the Company's Vice President of Diamond Marketing, commented: “We had a strong start to 2019 with increased customer demand for our product and price increases observed across most rough diamond categories, particularly in the better qua...

A tightening impact on lending standards! According to Nick Kounis, Head Financial Markets Research, ABNAmro, ‘loan demand reflects Eurozone economic weakness!’ By focussing Euro Macro, Nick says, corporate demand for bank loans now stagnating – The ECB’s Bank Lending Survey (BLS) for 2019Q1 was published. In contrast to what banks had expected in 2018Q4, lending standards on loans to non-financial companies did not tighten in 2019Q1, but remained unchanged. On balance, banks reported that cost of funds and balance sheet constraints (driven by costs related to banks’ capital position) had a tightening impact on lending standards. Also banks’ risk perceptions had had a tightening impact, for the first time since the start of 2017. However, these tightening factors were offset by an easing impact of increased competition. The forward looking part of the BLS showed that banks expected to ease lending standards slightly on balance in 2019Q2. On the other side of th...

Nayan Jani shares daily Twitter & also at other Social Media too! Mumbai: Recently Nayan Jani, veteran journalist & Editor- GJ Town India has attained 1000 Tweets at twitter. Exclusively he caters gem & jewellery industry & trade as a media. At the occasion he shares about his ink & says, “First time I inked & get published in 1977 and I bag encouragement. Sooner I embarked upon inking journey & over the years virtually my every inked get published in every leading concerned newspapers, Magazines & periodicals. As of today, Nayan Jani is a poet, writer & journalist. He is an Editor with hard-core trading experience over one & half decades as distributors.” Until now numbers of report, feature, stories & Cover Stories are featured. Over the years his four books are published so far. Because of this journey he is an accredited poet of All India Radio-Mumbai. ‘Prem Patra’ –the collection of Ghazals (Poetry form)accredited by ...

4 th India SAARC - Middle East BSM in Chennai! Recently the Gem and Jewellery Export Promotion Council (GJEPC), has announced to organise the Buyers and Sellers meet (BSM) on Sunday 28th April 2019, at The Leela, Chennai. According to the official verdict the BSM has all together about 31 exhibitors from across the country. On the other the GJEPC has invited all those 78 interested & potential buyers from the key nations that includes Algeria, Al-Qassim, Amman, Australia, Bahrain, Bangladesh, Egypt, Fiji, Kuwait, Lebanon, Malaysia, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, Sri Lanka, UAE and UK. Mr Pramod Kumar Agrawal, Chairman-GJEPC would host the 4 th edition of India SAARC - Middle East Buyer Seller Meet. He is likely to host over 30 Gold Jewellery manufacturing companies and 78 International buyers consisting of Gold and Diamond Studded Jewellery Wholesalers, Retailers, Traders & Chain stores from the targeted region. The India SAARC -...

…that reflects the eternal glory & sanctity by Varda Goenka Varda Goenka Fine Jewels by Diagold presents, Pearl Droplets Collection- an assortment that reflects the eternal glory and sanctity of serene pearls and elegant diamonds. Flaunting unique designs in classy pearls and glistening diamonds with minimal use of coloured stones, the collection celebrates muted evergreen freshness of this season. Amplifying the glory of sublime pearls and accentuating designs with use of glimmering diamonds, the collection is a mélange of exclusive jewels. Featuring drop earrings, bracelets and necklines that reflects sophistication and simplicity, each piece is an epitome of grace. The splendid range is umbrellas some of the most impeccable and inimitable pieces of understated aesthetic.   Ms. Varda Goenka Founder & Creative Director, Varda Goenka Fine Jewels by Diagold says, “One can dazzle at any occasion with the magnificent combination of pearls and diamonds. Th...