Indian diamond and jewelry brand Tanishq in early July introduced a new line Inara, which was the continuation of the collection of diamond jewelry, debuted in 2013, reports Rapaport.
The new line consists of jewelry from white and yellow gold with a spray of white rhodium, which emphasizes the brilliance of brilliance, according to the materials of Tanishq. Ornaments Inara - necklaces, earrings, rings, bracelets - are encrusted with colored gems such as rubies, emeralds, blue, pink and yellow sapphires.
Senior vice president of retail sales and marketing of Titan Company Sandeep Kulhalli (Sandeep Kulhalli) said: "The Tanishq brand has always been a pioneer in the manufacture of jewelry with new-generation diamonds for every taste. We are pleased to again present the collection with innovative and unique designs, which is designed for Indian women who consider jewelry to be a continuation of their image. Jewelry glorifies a woman and combines the elegance of diamonds and modern design. "

Chow Tai Fook Jewelery Group Ltd. unaudited data for the first fiscal quarter ended June 30, 2014. According to the company, sales for the reporting period fell by 32% on a year-on-year basis, Rapaport reports.
Sales in comparable stores fell by 40%, while in mainland China, sales revenue fell 28% on a year-on-year basis, while in Hong Kong, Macau and other Asian markets, sales fell by 50%.
According to Chow Tai Fook, the year-on-year drop in sales was due to the extremely high figures of the previous year, when gold jewelry demand sharply increased due to the decline in gold prices. Nevertheless, during the reporting period, the company saw an increase in sales of jewelery with precious stones by 2%.
For the first fiscal quarter, Chow Tai Fook opened 46 new outlets in mainland China, 4 - in Hong Kong, Macao and other Asian markets, so the total number of stores by June 30 reached 2,123.

Beginning June 30, all the services for colored gems that were previously offered by the GIA offices in Bangkok, Carlsbad and New York became available in the laboratories of the Gemological Institute of America (GEM) in Hong Kong and Tokyo, Rapaport reports.
The laboratories in Hong Kong and Tokyo hired highly qualified personnel and purchased specialized equipment for the implementation of additional services.
"Both Hong Kong and Tokyo are important global centers for the trade in colored gemstones, and we want to improve the quality of service and expand the range of services for our customers," says Kenneth Scarratt, GIA's Managing Director in the Southeast Asia region. "This is one of the initiatives aimed at increasing consumer confidence in precious stones and jewelry."
The GIA services available for color gemstones in Hong Kong and Tokyo include the identification report, the identification of origin, the preparation of GIA Gem Passbook ™, as well as new services: determining the origin of red spinel, marking on cut rubies and sapphires weighing from 0.5 carat, compilation of Portrait Report and Notable Letter.

Organizers of the Antwerp Diamond Trade Fair (ADTF) announced the dates of this unique event in 2015. The sixth edition of the ADTF closed diamonds fair is scheduled for February 1-3, 2015, coinciding with other prestigious jewelry industry events in the region and giving visitors the opportunity to organize their schedule most efficiently.
The ADTF fair, a joint initiative of the Antwerp Diamond Bourse, the Diamond Club of Antwerp and the Antwerp Diamond Kring, is opened in the trade halls of these exchanges, which are specially designed to exhibit around 90 leading Antwerp manufacturers and trading companies representing a wide range of diamonds, according to a press release received by Rough & Polished.
"Since its founding in 2010, ADTF has established itself as a unique event that allows jewelry manufacturers, retailers, and designers to purchase diamonds in the global diamond capital," said David Pienica, one of the founding members of the organizing committee of the ADTF. - The Fair became a mandatory item in the program of visiting many international jewelry companies, which by the end of the winter holiday season make up plans for purchases for the next year. "
According to Pienika, ADTF is pleased to welcome new visitors and brings to the list of invited jewelers who have not previously visited the fair.

In the first half of the year, polished exports from Israel showed an increase of 6% on a year-on-year basis and reached $ 3.552 billion, according to data released by the Ministry of Economy. In terms of volume, polished exports fell 7% to 1.335 million carats, while the average price of exported stones jumped 14% to $ 2,661.97 per carat, Rapaport reports.
Israeli polished imports increased 3% to $ 2.153 billion during the reporting period. Net polished exports from Israel (excess of exports over imports) increased 11% to $ 1.399 billion.
According to the Ministry of Economy, rough imports to Israel in the first half of the year increased by 1% to $ 2.053 billion, but the volume of imports fell by 6% to 5.206 million carats. The export of rough diamonds for the period increased by 6% to $ 1.752 billion, while the net import of diamonds fell by 22% to $ 302 million. The
Israeli net diamond account (the difference between total exports and imports of diamonds and diamonds) in the first half increased by 25% $ 1,097 billion

One of the leading Indian jewelery retailers PC Jeweller is considering opportunities to increase the number of outlets and plans to open 15 new stores, the Diamond World portal reports.
PC Jeweller hopes to lower the 10 percent duty on gold imports. In the near future, the budget of India for 2014 will be presented. Earlier, the company noted that an increase in the import duty on gold to 10% last year had a negative impact on the development of the jewelry industry. PC Jeweller hopes that the new budget will provide for a reduction in the duty rate to 4%, the report said.

Imports of polished diamonds in the US in May 2014 decreased by 2.7% on a year-on-year basis, to $ 3.105 billion, which marked the first month of decline since 2009. The average cost of diamonds imported in May fell by 3.1% to $ 2,052 per carat. Meanwhile, polished exports jumped 32.7% to $ 1.97 billion, which led to a reduction in net polished imports by 33.5% to $ 1.135 billion. The average price of exported stones jumped by 29.3% to $ 2,110 per carat, the report said. Rapaport.
US imports of rough diamonds for the month increased by 15.1% to $ 61 million, while diamond exports jumped 213% to $ 47 million; net imports of rough diamonds in the US in May was $ 14 million, compared with $ 38 million in May 2013.
The net diamond account of the USA for May 2014 (the difference between the total imports of diamonds and diamonds) fell by 34.2% year-on-year to $ 1.149 billion.
In the first five months of 2014, polished imports in the US showed an increase of 5.6% to $ 10.593 billion, which is due to an increase in the average price of exported stones by 11% to $ 2,050 per carat. The polished diamond exports increased 13.1% to $ 8.549 billion during the reporting period, while the net polished imports amounted to $ 2.044 billion compared to $ 2.474 billion in the same period in 2013.
Imports of rough diamonds in the US jumped 71.2% to $ 330 million from January to May, while exports of rough diamonds increased 113.6% to $ 235 million. The US
net diamond account for the 5 months of 2014 fell 16.3% to $ 2.138 billion .

Belonging to the De Beers group, the diamond brand Forevermark expects that in 3-4 years India will account for about 30% of its total sales revenue.
Currently, Forevermark's sales in India are around 15% of the total global sales.
IdexOnline portal quoted the statement of Forevermark CEO Stephen Lussier that despite the fall of the Indian economy, last year sales by volume and in value terms jumped by 40%. According to him, the growth is due to the fact that the Indians began to consider diamonds as an alternative object of investment.
Lussier noted that prices for Forevermark diamonds are growing, and last year they increased by 15%, and this year it is expected that the brand's sales will be about 50,000 diamonds.
"Together with the changing role of Indian women, their buying preferences are changing," said Lussier. "Now women are looking to buy more modern jewelry that fits any clothing, and it is here that diamonds play an important role as a universal product."
The Forevermark brand entered the Indian market three years ago, and demand for branded diamonds in small Indian cities is expected to grow soon. Forevermark products are currently available in 19 cities in India.

In May 2014 Swiss watch exports increased by 1.2% on a year-on-year basis, to $ 2.1 billion (1.87 billion Swiss francs), according to the Federation of the Swiss Watch Industry. The growth of exports provided sales of watches made of precious metals, Rapaport reports.
The export of watches grew by 2% to $ 1.99 billion (1.77 billion Swiss francs) for the month, while exports of goods fell by 5% to 2.1 million pieces. The export value of other watch products declined by 10% to $ 44 million (39.1 million Swiss francs).
The Federation explained that exports of Swiss watch products to Hong Kong slightly decreased by 0.8% to $ 383.5 million (341.1 million Swiss francs) in May, while exports to the US grew by 3% to $ 228 million (203 million Swiss francs) .
The sharpest growth was demonstrated by exports to Japan, up 10% on a year-on-year basis to $ 122.9 million (109.3 million Swiss francs). The export of watches to Italy rose by 0.9% to $ 140 million (124.5 million Swiss francs), while exports to France grew by 3% to $ 124.5 million (110.7 million Swiss francs). The export of Swiss watches to China slightly decreased by 1% to $ 131.2 million (116.7 million Swiss francs).
As a result of the first five months of 2014, the total Swiss watch exports increased by 3.3% on a year-on-year basis and amounted to $ 9.739 billion (8.663 billion Swiss francs), while the number of watches sold was 10.7 million units.

Vice-president of sales of the watch brand TAG Heuer Patrick Pruniaux (Patrick Pruniaux) resigned from the Swiss watch company and since July 7 working in Apple, reports Rapaport referring to the agency Reuters.
The Tag Heuer brand belongs to the LVMH group specializing in luxury goods. A spokesman for Tag Heuer said that Prunio was probably hired by Apple to promote the iWatch launch campaign this fall.
The appointment of Pruno indicates that Apple plans to position iWatch in the luxury goods market.
Jean-Claude Biver, the head of the watch division of LVMH and supervising the brands Tag Heuer, Zenith and Hublot, told Reuters that participants in the Swiss watch industry should take seriously the threat of spreading "smart clocks" in the market.