The president of the Israeli Diamond Exchange (IDE) Shmuel Schnitzer (Shmuel Schnitzer) urged international buyers to visit the Diamond Week, scheduled for September 1 to 4, 2014, according to an IDE press release received by Rough & Polished.
Noting the steady growth of the luxury goods market, Schnitzer called the IDE event an ideal platform for the purchase of diamonds, which precedes a series of international jewelery and jewelery fairs in Asia and elsewhere.
"When traditional vacations begin for the participants of the jewelry industry, trade turnover falls, and the market is in a lull," Schnitzer said. "At the same time, the main consumer markets in North America and Asian centers show signs of recovery and significant growth, which provides a positive mood for the holiday season ... By September, the trend will be more clear: the markets are growing and the demand for quality diamonds is growing. Thus, the upcoming International Diamond Week is a fantastic opportunity for diamond dealers, distributors and wholesalers to replenish stocks for the upcoming festive season. "