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  • Creating Win-Win situations

    As a pearl trading hub, Hong Kong hosts numerous pearl auctions every year. In November 2018 alone, a string of pearl auctions was held in the city, top-billed by the Rio Pearl auction. The sale offered 465 lots including South Sea pearls from Australia and Indonesia, golden South Sea pearls from Myanmar as well as Tahitian pearls. Of the 198,410 pearls placed on the auction block, 85 percent was sold, generating US$3.08 million. Jonathan Cheng, director of Rio Pearl, said auctions held during the first half of 2018 fared better as the market has become sluggish since the conclusion of the September Hong Kong Jewellery & Gem Fair. “About 120 companies took part in the November auction. The prices remained steady, generally speaking, but the price of medium- to low-end, low-lustre golden South Sea pearls had dropped. This may have been due to an increase in supply of Indonesian pearls in recent years,” disclosed Cheng. Cheng said Rio Pearl will focus on providing medium- to high-end goods at future auctions. “Several auctions are held during the same period of time every year. To stay competitive, auction organisers have to make sure that their goods are of top quality, and buyers can get from them pearls that are not easily available elsewhere. Take Tahitian pearls, for example. We will only provide premium ones, including those measuring 8 to 10mm in diameter, which move the fastest at the moment. When it comes to the sorting of pearls, we always count on buyers’ feedback and adjust accordingly,” he explained. Looking ahead, Cheng expects that the industry may still see some uncertainties until the second half of the year. “Hopefully, things will improve. At Rio Pearl, we will strive to provide a greater number of Australian South Sea pearls at 2019 auctions. We will also partner with more Indonesian and Tahitian pearl farms to further increase the diversity of our goods to make our auctions stand out even more,” he added.

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  • The Ring Master

    Men’s rings are now a fashion phenomenon. In Paris, antique dealer Yves Gastou presented a fabulous selection of men’s rings at the L’École des Arts Joailliers. The collection traces the interesting history of this symbol of masculinity through several themes ranging from neo-classicism to chivalry, Gothic style and vanities.

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  • Rio Tinto retains edge in diamond sector

    Australian diamond miner Rio Tinto is looking at a bright future with plans to further strengthen existing operations and embark on exploration projects.

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  • Emerald symposium - casts spotlight on responsible sourcing

    The Second World Emerald Symposium (2WES) took place in Bogotà, Colombia last October – three years after the successful First World Emerald Symposium – with an overwhelmingly positive response from participants.

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  • Trade braces for prospects and challenges in 2019

    The year 2018 proved challenging to the gemstone and jewellery industry by most accounts but it also served as a catalyst for change and opportunities.

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  • Gem labs at the forefront of technological innovation

    With modern consumers’ incessant call for transparency, traceability and responsible sourcing, gemmological laboratories are revolutionising testing methods and upgrading facilities to meet the demands of discerning consumers. This special report highlights gem labs’ increasingly critical position in fostering consumer confidence in the gemstone trade.

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  • The invincible Paraiba tourmaline

    Amid a challenging business scenario, the seemingly indomitable Paraiba tourmaline has sustained its sparkle as buyers continue to seek out its stunning colours, rarity and versatile charm.

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  • Promoting pearls to young Japanese consumers

    Pearls produced in Japan are known for their premium quality and distinguished image. With an ageing clientele however, Japanese pearl industry players are reaching out to younger consumers to ensure the long-term development of the country’s pearl jewellery sector.

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  • Baselworld in a modern era

    Transformations are unfolding at Baselworld 2019 as fair organisers reinforce the relevance of traditional trade shows amid a fast-paced business environment.

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  • The rise of lab-grown diamonds

    Diamond mining giant De Beers Group forever changed the game when it launched its own line of lab-grown diamond jewellery earlier this year. How is the market reacting to this development?

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  • PGI® unveils thematic advertising film featuring Platinum Ambassador Yang Yang

    The latest advertising campaign from PGI® reinforces the power of true love as immortalised in platinum jewellery.

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  • Belgian jewellers redefine understated elegance

    Fine jewellers from Belgium are making solid headways in the global jewellery world with designs that underpin creativity, innovation and a subtle but endearing dose of sophistication.

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  • Jewellery and Fashion: The ties that bind

    While there appears to be a demarcation line between the fashion and jewellery industries, they are more often than not intertwined. According to industry experts, both sectors stand to learn from each other when it comes to new business and marketing strategies, and targeting today’s consumers.

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  • Glittering opportunities in new diamond markets

    The impact of millennial and Gen Z consumers on the jewellery industry has become the focus of most market studies. The existence of this new consumer group has revolutionised the way companies do business and industry giant De Beers Group is no exception. During his recent trip to Hong Kong, De Beers CEO Bruce Cleaver sat down with JNA to share his views on the future of the diamond trade.

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  • Elegant concept boosts buyer experience

    The ever-growing popularity of online purchases has changed the dynamics in the retail scene, and enhancing shoppers’ experience at physical stores has become more vital. To further improve its image, world-renowned luxury brand Cartier has recently renovated its flagship store located in the heart of Hong Kong’s retail district, making it a must-visit boutique in town.

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  • The world’s major jewellery producer

    China’s abundant supply of natural and human resources and its relatively competitive production costs have attracted local producers as well as investors from abroad to set up manufacturing facilities on the mainland to cover demand from both domestic and export markets. At present, China is a major source of freshwater pearls. The country also produces gold and a wide variety of natural coloured gemstones, accounting for a significant portion of global supply. With production facilities concentrated in the southern part of the country, cities such as Shenzhen and Guangzhou (particularly its Panyu district) in Guangdong Province have become major trading hubs for global jewellery players.

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