[Wedding Pearl Jewelry | Bridal Pearl Necklace] 4/14/2018 06:48:00 PM

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Equity Communications said that the traditional largest diamond consumption market - the US - will retain its position for a considerable period of time, although in the Asia-Pacific region tendencies and preferences in the consumption of various categories of luxury goods are formed.
In 2013, the United States was the world's largest market for polished diamonds, accounting for 44.3% of total polished consumption.
In a message received by Rough & Polished via e-mail, it is said that world sales of diamond jewelry last year reached $ 73.8 billion.
Sales of diamond jewelry in the US in 2013 increased by $ 2.5 billion, to $ 32.7 billion, up 8.3% over 2012. Meanwhile, in China sales jumped 19% year on year to $ 6 billion.
On Equity data, the EU was the only region where the negative trend and the decline in sales observed in the previous year by 0.11% to $ 5.2 billion.
"In the difference from Japan, where retailers adjusted the range of products in order to keep sales, there is no tendency in the US market to reduce the quality of diamonds sold, "Equity reports. - American consumers consider high-quality diamonds weighing from 0.5 to 1 carat standard inserts for engagement rings and do not agree to stones of smaller size or lower quality. "
However, the fact that diamonds for engagement rings has risen in price, more consumers need financial help to make such purchases, notes Equity.

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Posted By Blogger to Wedding Pearl Jewelry | Bridal Pearl Necklace at 4/14/2018 06:48:00 PM

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Dhamani premium jewelry house opened a Dhamani store in 1969 at the Dubai Mall.
Founded in 1969, the jewelry house has a deep understanding of the value and cultural significance of jewelry in the modern world. The assortment of Dhamani 1969 will satisfy the demand of lovers of luxury from around the world.
Dhamani General and Managing Director Amit Dhamani said: "For 45 years, we have enriched our heritage and developed first-class skills to satisfy international buyers. Jewelry House Dhamani has always used in its adornments the most brilliant and shiny gemstones of excellent cutting, obtained with ethical standards. We are very proud of the opening of the first in the UAE boutique Dhamani 1969 in Dubai. "
Speaking at the opening ceremony of Dhamani in 1969, Ahmed Bin Sulayem, executive chairman of the Dubai Multi-Commodities Center (DMCC), said that Dhamani had become one of the first companies to operate in the DMCC free trade zone, and since then she experienced phenomenal growth. Sulayem added that Dhamani is one of the key players in the luxury goods market in the UAE.

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Tiffany & Co. recently published an annual report on corporate responsibility for 2013, which provides information on the company's initiatives in the field of environmental protection and social responsibility, Rapaport reports.
"The report details our great contribution to building socially and environmentally responsible business practices," said Tiffany & Co. CEO. Michael J. Kowalski. "As a leader in the jewelry industry, we believe that expanding social commitments and supporting responsible business throughout the jewelry supply chain is both a market demand and a moral obligation."
Tiffany & Co. pays great attention to the responsible extraction and supply of raw materials and materials - from diamonds and gold to the legendary blue boxes for the packaging of goods and bags.
Tiffany & Co. will coordinate its business processes with the standards of the Global Reporting Initiative (GRI) G4 "In Accordance - Core" and the UN Global Compact reporting system.
In the framework of the Initiative for Responsible Mining Assurance (IRMA), the jewelry company participated in the development of the world-wide recognized production standard. A pilot version of this document is expected to be released in 2015.
Tiffany & Co. invests in diamond-producing countries and is able to maintain the integrity of the supply chain, creating jobs, training staff, providing benefits and stimulating the growth of local economies, the report said.
"We adhered to an innovative approach to procurement, forming chains of direct supplies of diamonds and precious metals from mines," Kowalski said.
In 2013, the company's board of directors adopted the Conflict Minerals Policy, which establishes the principles of responsible gold mining for metal sellers.
As for the production of packaging materials, the blue Tiffany boxes are made from recycled paper and certified by the Forest Stewardship Council.
Tiffany & Co. has set itself the goal of reducing greenhouse gas emissions by 15% between 2013 and 2020.
In 2013, Tiffany & Co. made charitable donations in the amount of 2% of profit before tax.

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Gem Diamonds announced the discovery of an exceptional white diamond type IIa, weighing 198 carats, at the Letšeng mine in Lesotho. The diamond was mined in late July.
In a short message from Gem Diamonds, received by Rough & Polished via e-mail, it is said that this high-quality stone does not have fluorescence.
Gem Diamonds expects that the 198-carat diamond will be sold at an exceptionally high price later this year.