GJ Town India

Dubai auction brings in $8.91mn Alrosa, the world’s largest diamond miner, reviews the results of the diamond auction in Dubai, the UAE. The total revenue from the sale of special size diamonds (+10.8 carats) exceeds $8.9 million. 109 out of 122 auction lots were sold. There were two especially large diamonds sold, 51.13 and 47.59 carats, respectively. 56 companies from Belgium, India, Israel, the UAE, the USA, Hong Kong and Russia participated in the auction. “This is our second diamond auction in Dubai this year. Beyond all doubt, this trading platform is successful. This time, the total weight of sold diamonds was more than 1,840 carats, the proceeds amounted to $8.91 million. Until the end of the year, we are going to hold 3 more auctions here, expecting the same consistently high results,” said Evgeny Agureev, member of the Executive Committee, Director of the United Selling Organization Alrosa.

Izaara’s glamorous tassel is worth every selfie poses Izaara’s glamorous tassel is worth every selfie poses. A premium silver jewellery brand that is just in time with the most popular earrings this season. Tassels those are so expressive but not so expensive which will add some color to your gloomy days. These have everything from eye catching colors to modern day romance which make them ultimate statement earrings. Feel the rush and magic wearing these beautiful beaded tassel earrings by Izaara in Electric Pink, Breezy Blue or Turquoise, Shimmering Gold and Raven Black color. You can match these colorful creations with black high waist pencil skirt and graphic tee for that Boss lady look. These tassel earrings will give you freedom of expression, so be bold and pair it with fringe dress to complete your party look. A chic off shoulder dress with these tassel earrings are the best combination for those casual dinner nights. What’s more fun than tassel and th...

Masterpieces of design drive Sotheby’s Jewelry auctions Masterpieces of design drive Sotheby’s Spring Jewelry auctions achieves $21.5 million in New York. Propelled by strong interest in antique and contemporary jewels from the houses of Bulgari, Tiffany & Co., Cartier and Harry Winston, as well as for highly impressive colored and white diamonds, Sotheby’s spring auctions of Magnificent Jewels and Fine Jewels concluded today in New York with a combined total of $21.5 million.  Below is a look at some of the highlights that drove today’s sparkling results: Magnificent Jewels Auction Total: $17.7 Million: Gary Schuler, Chairman of Sotheby’s Jewelry Division, Americas commented: “The timeless appeal of exceptionally rare signed jewelry was reasserted today in New York, with masterworks by Bulgari, Tiffany & Co., and Cartier – created over the course of a century – capturing the attention of international collectors. It was a thrill to bring the hammer down...

The Rapaport Group announces the launch of Rapaport Laboratories India LLP and the RapLab Consultation Card. This new RapLab Consultation Card (RCC) provides essential diamond grading information and RapNet Quality Verification. Designed for affordable B2B trading by small and medium size companies, the RCC includes BGM, EyeClean, Fluor, Sarin Measurements and Synthetic Testing. The Consultation Card can also be upgraded to full RapLab Diamond Grading Report featuring extensive gemological information and a sophisticated print report format. “The launch of Rapaport Laboratories India LLP (RapLab) and the new RapLab Consultation Card will improve B2B trading opportunities in the Surat and Mumbai markets. RapLab services will include the grading of melee and parcels using trade standards and terminology. It will provide buyers with customized quality control and grading services enabling direct sourcing from the Surat and Mumbai markets.   Our goal is to provide a bro...

Reliance Jewels launches of two Grand New Showrooms in Amritsar& Delhi NCR Reliance Jewels, one of India’s most trusted jewellery brands, has launched its two new showrooms in Amritsar and in Delhi NCR. The national jewellery brand is set to win hearts of its patrons in Amritsar and Delhi, with its renowned customer service. An attractive inaugural offer includes free Gold Coin on every 5 grams Gold Jewellery Purchase, 5000/- worth Diamond Jewellery purchase & 15000/- worth Solitaire purchase up to 14th April 2019. With the Grand Launch of Reliance Jewels’ Amritsar Showroom, it now becomes the brand’s 2 nd showroom in Amritsar and 11th showroom in Punjab. The premium showroom is located in Mall Of Amritsar, LGF shop No. 4 , MBM Farms, Sultan Wind Suburban, G.T. Road. The 1500 square feet is set to dazzle with exclusive traditional and contemporary collection in gold & diamond jewellery. The new showroom launch of Reliance Jewels’ in Delhi NCR, it now...

Celebrate Akshay Tritiya with exciting Offers & discounts at Senco Gold & Diamonds Offer is on & to   run up to May 10 Senco Gold & Diamonds, the one of the largest jewellery retail chains of India and headquartered in Kolkata, announced the commencement of ‘Bangle Utsav 2019’ with more than 5000 exquisite designs to choose from for people. Apart from this, Senco Gold & Diamonds also unveiled exciting offers and discounts on the auspicious occasion of Akshay Tritiya.   The prices of jewellery start from Rs 7000/- and making charges range from 8% to 20%. Mr. Suvankar Sen, Executive Director, Senco Gold & Diamonds, said: “Bangle Utsav for us is a celebration of womanhood. It’s a tribute to the Indian women of today who straddle multiple roles and play a critical role in shaping our society. Our endeavor is to adorn their beautiful hands with beautiful bangles since these are the hands that pamper, indulge, decide and believe.” T...

Congress to be held in Manama, Bahrain Scheduled during November 18 to November 20 CIBJO, the World Jewellery Confederation, will hold its 2019 annual congress in Manama, the capital of the Kingdom of Bahrain, from November 18 to November 20. Pre-congress meetings will be held November 16 and 17, and the congress will follow the World Pearl Forum, which is due to take place on November 14 and 15. The CIBJO Annual Congress will be hosted by DANAT, the Bahrain Institute for Pearls and Gemstones, which is dedicated to developing the local and regional pearl and gemstone industry, and operates one of the world's most sophisticated laboratories in the field. The official venue and hotel of the 2019 CIBJO Congress is the Four Seasons Hotel Bahrain Bay. CIBJO congresses serve as the official gathering place for the World Jewellery Confederation's Assembly of Delegates, and are also the venue for the annual meetings of CIBJO's sectoral commissions, where amendmen...

It’s spring, time to show off your cultured diamonds! Ahh… smell those cherry blossoms bloom, the leaves turning from brown to green, hang up that jacket and wear something outside that breathes-for the first time in months! That’s right, it’s spring, time to show off your cultured diamonds! Our amazing planet Earth features so many different regional weather conditions, that it’s entirely possible you might live somewhere in which spring is your only short reprieve of fabulous weather. So what better way to celebrate than by picking up a lab grown diamonds piece from the Lark & Berry collection? Celebrate with manmade diamonds most designed to evoke nature and its natural charms… Are you thinking of the same Lark & Berry created diamonds suite we’re thinking of? If you’re picturing flora, then the answer is yes! The flora suite features some of our most luxurious, world class cultured diamonds. Wearing a flora piece in Spring is perfect, since you’re lik...

GJEPC hosts new buyers, new market! Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery industry in India, kick started the 6th edition of “India Gemstone Week” in Jaipur to run untill April 13. The event was inaugurated by Mr Pramod Kumar Agrawal, Chairman, GJEPC; Shri Nirmal Bardia, Regional Chairman, Shri Vijay Kedia, Co-convener, Coloured Gemstones Panel, Shri Sabyasachi Ray, Executive Director, along with International buyers and exhibitors from India.   Mr Pramod Kumar Agrawal, Chairman, GJEPC said, “The Indian coloured gemstone industry has been one of the finest cutting centre for precious and semi-precious gemstones. This industry has been here for more than 300 years now and currently 3 lakh people are directly involved in the gemstone business. India’s exports of coloured gemstones accounted for US$ 421.73 million in 2018 as compared to US$ 420.79 million in 2017. GJEPC is constantly working to boost the exports...

Classic motifs yet Contemporary layouts Available now & up to 12th May 2019! The heritage jewellery house, PNG Jewellers revisits its 187 years old rich legacy by launching their newest ‘Katha Collection’. 'Katha – Jewellery from the golden era'. The collection represents the age old traditional techniques and soulful craftsmanship of jewellery making by artisans. This jewellery collection is a tiny effort of bringing back those classic motifs and designs in contemporary layouts for today’s customer. Established in 1832, PNG Jewellers has evolved in all respects to provide personalized and quality service to their loyal customers. The ethereal collection brings to life iconic designs using more than a century old techniques known as repoussé and chasing.   These jewellery designs signify the flawless integration of traditional and new age jewellery, blending effortlessly with the elements of design and innovation. Inspired by more than 100 years of...

No way to close the US-Mexico border Without inflicting serious damage to US economy The National Retail Federation (NRF) sent a letter to Trump administration officials expressing concerns over ongoing threats to close the United States-Mexico border and outlining how a closure would hurt U.S. retailers, workers and consumers. “We share the administration’s goal of fixing the nation’s broken immigration system and enhancing border security,” NRF President and CEO Matthew Shay said. “However, there is no way to close the U.S-Mexico border without inflicting serious damage to the American economy.” U.S. trade with Mexico exceeds $1.7 billion each day. American retailers and consumers rely on Mexico for many products. “Closing the border for any length of time would result in significant supply chain disruptions for U.S. retailers,” Shay said.  “These disruptions would reverberate throughout the supply chain, impacting everyone from truckers to warehouse work...

FTC Warns LGD Manufacturers, DPA welcomes! The DPA welcomes the FTC’s warning to synthetic diamond manufacturers (LGD) against misleading consumers with their marketing tactics. This warning is an important step toward transparency and consumer protection. It is now crystal clear that synthetic diamond manufacturers cannot use the word diamond without qualifying it with an unambiguous descriptor about the manufactured origin immediately before the word diamond.  It is also clear that the FTC will not tolerate unsubstantiated claims about the environmental impact of synthetic diamonds that violate the FTC’s Green Guides. This FTC clarification comes after several months of DPA expressing serious concerns about the deceptive marketing practices by synthetic diamond manufacturers, especially as the market value gap between natural diamonds and synthetic diamonds keeps growing.  We are hopeful that it will create more discipline and transparency in the...

Summer blows high! Busy season approaching With tariff increases delayed for the foreseeable future and the busy summer season approaching, imports at the nation’s major retail container ports are beginning to climb again, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “Retailers are starting to stock up in anticipation of a strong summer,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Tariff increases are on hold and progress is being reported in talks between the United States and China, so the imports we’re seeing now are driven primarily by expectations for consumer demand.” U.S. ports covered by Global Port Tracker handled 1.62 million Twenty-Foot Equivalent Units in February, the latest month for which after-the-fact numbers are available. That was down 14.3 percent from January and down 4 percent year-over-year. February is traditionally the slowes...