Posts Tagged ‘ Jewelry Industry News ’

Rapaport Reports on Jewelry Industry Inflation and Diamond Trading Trending

Rapaport Reporting: Jewelry Industry Inflation

From: rapaportgroup  | Jun 23, 2011  | 95 views
RAPAPORT…
Jewelry inflation in the U.S. continues as the price of precious metals and diamonds climb. According to comScore, the popularity of online video and the ever-changing habits of viewers present an opportunity to advertise your brand.
A report from Rice Universityassociate professor of management, Utpal Dholakia, businesses can gain traction using “daily deals” websites, but there are many elements a brand must consider. Over the next few years, it is likely that daily deal sites will have to settle for lower shares of revenues from businesses compared with their current levels, and it will be harder and more expensive for them to find viable candidates to fill their pipelines of daily deals, according to Dholakia. In his third study – the most exhaustive study done to date on the daily deals industry – Dholakia found that there is very little difference between companies in the ever-expanding competition for consumer dollars, and it will be difficult for any one site to stand out from the others.”

Rapaport – Information That Means Business

Check out what Rapaport Reported on the Success of the

June Hong Kong Jewellery & Gem Fair!!!

See Video HERE: 2011 JUNE HONG KONG JEWELLERY & GEM FAIR

The Hong Kong International Jewellery Show wrapped up this week on an extremely positive note with a new record of 37,000 total attendees. The show attracted more than 2,800 exhibitors from 46 countries and regions — making it the largest for this show’s history. The number of buyers increased by 16 percent overall and the number of overseas buyers increased by 23 percent, led by Hong Kong’s three major export markets for fine jewelry — buyers from the U.S. rose 22 percent; buyers from France increased by 30 percent and buyers from Switzerland rose 6 percent. Buyers from emerging markets increased as well. Buyers from the Chinese mainland rose 33 percent, buyers from India rose 41 percent, Russian buyers in attendance increased 27 percent, Brazilian buyers rose 29 percent and there were 16 percent more buyers from Japan at this year’s show.

The Diamond Trading Company opened its 2012-contract period sightholder process this week. Those intending to register for this first round for sights in London, Botswana and Canada must submit audited financial information and a meet certain requirements regarding minimum revenue stream and rough utilization during each of the past three years. Applicants for sights in South Africa and Namibia have lower minimum requirements. All applicants must prove that they adhere to De Beers best practice principles and guarantee that they never traded diamonds outside of the Kimberley Process. The next phase of the sightholder application begins on April 18.  More information is available here.

Rothstein Auction Preview: Raymond Lee Jewelers In The News

As we reported to you yesterday, Raymond Lee Jewelers will be attending the high-profile South Florida auction of Scott Rothstein remains.  Diamond, jewelry and luxury watch collection remains, that is.  The US Treasury Auction of Seized and Forfeited Property, under the management of Rick Levin & Associates, Inc., will be held at the Broward County Convention Center in Fort Lauderdale, FL. The auction will officially begin at 9 a.m. on July 13, 2011.

Following yesterdays ‘Rapid Reporting’ of the Scott W. Rothstein auction preview, Raymond Lee Jewelers was highlighted by Forbes.com and the South Florida Business Journal as the leading forefront of attending jewelry industry professionals.

pbrinkmann@bizjournals.com | (954) 949-7562 On Twitter: @SoFlaBrinkmann

Photo Credit: Mark Freerks/ "Lee Josephson of Raymond Lee Jewelers examines a watch up for auction."

Jewelers are among the early crowd previewing the watches, jewelry and cars that make up the latest auction of Ponzi schemer Scott Rothstein’s ill-gotten booty. There are 203 watches, including such brands as Piaget and Rolex; a 2009 Mercedes-Benz, a 2008 Corvette and a 2009 Corvette Z06.

Read Full Article ‘Jewelers turn out for

Rothstein auction preview’ South Florida Business Journal

Forbes.com: ‘Jewelers turn out for Rothstein auction preview’

More information on auction items available at Rick Levin & Associates, Inc.

Hong Kong Jewellery & Gem Fair Rapid Reporting

‘Rapid Reporting’

 Raymond Lee Jewelers

June Hong Kong Jewellery & Gem Fair 2011

June Hong Kong Jewellery & Gem Fair 2011

We have received word from the Raymond Lee Jewelers crew currently across the world, exhibiting at the June Hong Kong Jewellery & Gem Fair 2011, the largest jewelry trade show in Asia.  Thanks to a few great bosses who took the time to keep us up in the loop checked in with us back here in The States with notations of observation on the unfolding trade show action, I have my hands on some very interesting  information and illustrious images of the June Hong Kong Jewellery & Gem Fair 2011.

On this 23rd day of June, I am pleased to present you with with the following installment of jewelry industry trade show. . .

Rapid Reporting‘  .  by  .  Raymond Lee Jewelers 

There has been a buzz making its way through the jewelry industry in regard to an increased demand for antique jewelry. The proof of that surge was exposed on the first day of the June Hong Kong Jewellery & Gem Fair 2011, as the antique jewelry section of the exhibition venue has doubled in size since last year.

I was informed that UBM had to split exhibitors of antique jewelry into two floors, in order to provide sufficient display and browsing room for both exhibitors and attendees of the show with a fixed focus on antique jewelry.

As reported by the Diamond News Center in Israel:

‘Hong Kong June Expo Sees Record Number of Visitors on Opening Day’

23.06.11, 13:46 

“The June Hong Kong Jewellery & Gem Fair opened Thursday to record numbers of both visitors and exhibitors. Registration lines were longer than expected because of the high demand.”

“The exhibition’s organizers are pleased with this year’s show and say that it is hosting over 1,500 exhibitors from 37 countries, a 20% increase over last year.”

Raymond Lee Jewelers: June Hong Kong Jewellery & Gem Fair 2011

Raymond Lee Jewelers: Hong Kong Jewellery & Gem Fair 2011

More  Rapid Reporting  to  follow  !

Stay  Tuned .

– Alexandra

Raymond Lee Jewelers

The June Hong Kong Jewellery & Gem Fair, organized by UBM, has over 19.000 professional buyers from 100 countries. Although the June fair is smaller than the one in September, its strengths lie in the fact that the September Fair sales already start in June. In 2010 AWDC set up a group pavilion of over 500 m² and 41 exhibitors.

  – Published By: AWDC
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