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Diamond Industry Organizations: Women’s Jewelry Association

Diamond Industry Organizations: Women’s Jewelry Association

The Women's Jewelry Association (WJA) was formed in 1983 after a founding member, jewelry sales representative Toni Lyn Judd, was unfairly treated by her employer. It was a revolutionary act at a time when the American jewelry industry was in many ways a male-dominated industry. At the time, even leading organizations refused to accept women as members.

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1619 Hits

Trade Show Season Is On. Do We Need it?

Trade Show Season Is On. Do We Need it?

Later this week, the Hong Kong International Diamond, Gem and Pearl Show will open in Hong Kong, signaling the start of another year heavily populated by trade fairs. In a month, Baselworld will take place. In four weeks between the close of the show in Hong Kong and the opening of the show in Basel, no less than four important, yet more regional, trade fairs will take place.

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6527 Hits

Diamond Industry Organizations: International Colored Gemstone Association

Diamond Industry Organizations: International Colored Gemstone Association

The diamond industry is closely associated with a number of other industries, practically all jewelry oriented. Jewelry is set not only with diamonds, but with additional precious gems as well. Just as diamonds and diamond trading calls for a host of industry organizations, so do gems. Chief among them is the International Colored Gemstone Association (ICA).

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A Valentine’s Day with Little Joy

A Valentine’s Day with Little Joy

Consider the following: diamond jewelry sales are not as good as they used to be. The decent margins wholesalers and retailers used to have on diamonds have shriveled. While luxury sales are growing, diamond jewelry sales are losing market share in the category. Consumers are losing interest in traditional diamond jewelry, opting instead for alternatives such as lab grown. Considering all this, my question to the industry is ‘what are we doing to turn this around?’

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1380 Hits

Diamond Industry Organizations: Jewelers Board of Trade

Diamond Industry Organizations: Jewelers Board of Trade

One of the biggest issues in an industry that deals with high-cost items, is nonpayment by clients. A default can be devastating, if not fatal, to a company that operates with narrow margins. To combat that, a gentleman by the name of J.A. McCloy formed an organization that collects and shares financial information on jewelry companies in 1884. That organization is the Jewelers Board of Trade (JBT).

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949 Hits

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The diamond industry pipeline starts with mining, then rough trading, manufacturing, jewelry setting and finally retailing. It may look like a short and efficient journey, however it is anything but t...
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When I discussed fancy brown diamonds in last week’s article, I stated that unlike other fancy color shades that are extremely rare in nature, brown diamonds are plentiful and therefore command much l...
In the last two decades, much has been said about an impending demand vs. supply imbalance in the diamond industry. Huge mines discovered over the past 40 years are nearly mined out, some argue, and n...
A major diamond rush, located in Lüderitz (in the former German colony of Deutsch-Südwestafrika - German South West Africa) is among Namibia’s most famous diamond sites. In 1907, the Germen railroad w...
When most people hear about diamond mining, they think of South Africa, where diamonds were discovered in 1866 in the Kimberley region. A 15-year-old boy discovered the now-famous 21.25-carat Eureka D...
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