Yoram Dvash to Head Up Okavango Diamond Company Board
Okavango Diamond Company (ODC) has appointed former World Federation of Diamond Bourses (WFDB) president Yoram Dvash as chairman of its board of directors.…
Dvash, who was at the helm of the WFDB from 2020 until he stepped down…
He joined ODC along with several other newly appointed board members, …
MJSA Awards $10K in Scholarships to Aspiring Jewelry Designers
Manufacturing Jewelers & Suppliers of America (MJSA) has granted $10,000 in scholarships to five aspiring jewelry designers to support their education and training.…
The MJSA Education Foundation will endow the Future of Jewelry Making …
This year’s winners are Lianna Carter, Lauren Edwards, Thomas Koslowsk…
GSI Releases Gemstone Reports with Color Classification in India
Gemological Science International (GSI) has issued its first pigeon blood report in India, in a move to introduce recognized color trade names for gemstones at its Jaipur and Mumbai labs.…
Rubies will be noted as pigeon blood, and sapphires as royal blue and …
The report is only for untreated gems; all enhanced stones are exclude…
Plumb Club Elects Steven Lerche as Board President
The Plumb Club elected Steven Lerche of Goldstar as president of its board of directors at its general membership meeting, making him the youngest to hold this role.…
Meanwhile, the group tapped Ray Mastoloni of Mastoloni Pearls as vice …
Debbie Azar of Gemological Science International (GSI) will serve as t…
The US jewelry industry’s downsizing rate continued to slow down during the second quarter, according to the latest data from the Jewelers Board of Trade (JBT).…
In the three months that ended June 30, 80 companies exited the sector…
In total, there were 21,892 companies active in the US industry at the…
US retail sales fell in July for the first time since April, when the US Census Bureau resumed reporting data after last year’s two-month government shutdown.…
Revenue dropped 0.
6% – adjusted for seasonal variation – from the previous month to $763.
Former TSL Procurer Accused of Stealing Diamonds from Suppliers
A former procurement manager at Hong Kong jeweler Tse Sui Luen (TSL) has pleaded guilty to stealing diamonds obtained from suppliers for his own personal gain.…
The employee, who joined TSL in 1988, stole and resold diamonds he tol…
The retailer has an internal control policy that requires each supplie…
The Gemological Institute of America (GIA) recently studied a purple diamond that had undergone color treatment through exposure to irradiation and annealing.…
The GIA received a rough 3.
93-carat, purple, type Ib diamond at its laboratory in Dubai for analy…
Titan: Natural Diamonds Gain Stability Against Lab-Grown
Natural diamonds in all sizes are seeing a recovery in demand, with notable stability in the balance between mined and lab-grown stones, according to Titan Company.…
“We have seen more stability…in the pricing, both of solitaires as wel…
The Indian retailer first noticed a “resurgence” in its diamond-jewelr…