Jewelry Retail Giants Compete For Ever Greater Discounts: May God Help Us All!
September 26, 02 byThis Tuesday afternoon I strolled into the Zales jewelry store at one of the more expensive brand-name fashion malls in Las Vegas, Nevada. I looked at a 3-stone Zale's diamond ring, which boasts the company's house brand's customary 82 facets. Read More...
Reading the Mood of the Market
September 19, 02 byThe DTC finds itself in an interesting situation in respect to its ITO (Intention to offer), which is the half yearly pro forma presented to customers detailing how much they can expect in the total of the following five Sights. Read More...
Business is Difficult Enough Without Scare Tactics
September 12, 02 byThe September 11, 2001, horrors represent a defining moment in history - a day after which life will never be the same. One year later, times are still turbulent and uncertain, but, by and large, in the diamond business we can count our blessings. Read More...
European Diamantaires Must Act Now To Amend The EC Rough Trading Import/Export Regime
September 05, 02 byThe proposed European Community regulations on rough diamond imports and exports contain provisions the industry can never accept. Under the new rules old inventories may become "conflict inventories" by default. Read More...
Beware of the American Market
August 29, 02 byIt's better to become realistic about the United States market. In the first half of the year diamond jewelry retail growth was less than 1 percent. At the same time, it's net polished imports (imports minus exports) has risen to $3.66 billion in the first half of 2002, compared to $2.92 billion in the first half last year. That is an increase in polished of some $743 million. Read More...
Does Anyone Have the Guts to Say Enough is Enough...
August 22, 02 byWhile we all were on vacation, the European Commission finalized its proposals for its own rough diamond trading mechanism. For the imports or exports of rough, the whole of Europe is one single market. Diamonds destined for Antwerp, for example, can be cleared at the customs of any port of entry (in Portugal, Spain, Greece or any of the existing 15 EC member countries and, eventually, in an additional 13 eastern and southern European countries), and the Belgium customs are not allowed to clear the diamonds again. Read More...
Alrosa: Lifting The Veil Of Secrecy
August 15, 02 byFor the first time ever, Alrosa published the production figures of its various mining divisions. Its 2001 Annual Report provides a treasure of information, some of which still "hidden" between the lines. Read More...
And Now: Federal Approved Diamond Bank Accounts
August 08, 02 byThe very broad legislation enacted in the U.S. (and elsewhere) to aid law enforcement officials in the search for terrorists and seizure of their assets, has given expression to the U.S. public's willingness to forfeit a considerable amount of privacy in favour of enhanced safety. Read More...
Lev Leviev Hits Jackpot At Hottentot Bay
August 01, 02 by Edahn GolanWhen Lev Leviev bought the controlling interest in the then near-bankrupt Namibian Minerals Corporation (Namco) marine mining company, the market sniggered. Namco was seen as a losing proposition. Read More...
Remembering Warren
July 25, 02 byThe tragic death of Warren Symcox is far more than a terrible loss to his family and friends. The likable and affable Warren was one of De Beers' most brilliant young executives. Read More...
< Earlier | Later > |