COVID REPORT – AUGUST 2020

In March 2020, Australia changed. COVID-19 put a halt to the way we operate. International borders were closed, state borders were closed, entire industries were shut down overnight and other industries were brought to a standstill due to the population being urged to stay at home. You all know this as you have lived through …

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Major West Australian jewellery chain moves to Australian based digital currency

One of WA’s best-known jewellery chains has embarked on the digital currency journey and will now start offering customers and clients the ability to pay using Qoin (pronounced ‘coin’), the newest digital currency which is being taken up by hundreds of merchants in WA. The state’s largest independently owned jewellery business, Smales, has introduced Qoin …

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GJEPC elects new chair

Colin Shah, the founder of Schachter and Kama Jewellery, has been elected chairman of the Gem and Jewellery Export Promotion Council (GJEPC), the body that promotes the Indian jewellery industry. Vipul Shah, CEO of Asian Star Co., has been appointed the group’s vice chairman. “The new term at GJEPC starts amidst acute uncertainties due to …

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Emma Watson joins board of Kering

Actor and activist Emma Watson has joined the board of directors at Kering, the luxury goods group that owns Boucheron, Girard-Perragaux and Ulysse Nardin as well as Gucci and YSL, among others. Watson has become a high-profile campaigner for sustainability, women’s rights and gender equality. Sustainability is an area of focus for the company which …

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Michael Hill reopens 148 stores

Michael Hill has announced the reopening of 148 stores across from 30 May, with 100 being in Australia and 25 in New Zealand. The company says more stores will open progressively over the coming month. All 301 of the company’s stores had ceased trading in late March and in the meanwhile, management has spent time …

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A new revolution in coloured gemstones: GemCloud brings the gemstone industry online

GemCloud technologies – focused on the coloured gemstone supply chain – transform gemstone inventories into a shareable digital interactive library, create a unique, secure, vetted and curated online marketplace and enable transparency and traceability. What if you could manage your entire business from a single dashboard or even sell while you sleep? With this intriguing …

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WHAT IS THE NEW NORMAL?

What does this even mean? Rami Baron – President, Diamond Dealers Club of Australia Over the last five years, every diamond wholesaler has been talking about the impact of the web and how it has changed business. Every conversation with a diamond jewellery retailer about the future revolves around the effect of the web, social …

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The COVID-19 crisis will be transformational for our industry, it’s imperative that we discuss together how to move forward

This message from CIBJO president Gaetano Cavalieri invites all of us to consider the kind of future we want for our industry. Dr. Gaetano Cavalieri CIBJO President Historically, international crises have been inflection points in the human experience, and the COVID-19 epidemic is likely to be one of the most transformative in living memory. The …

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WHAT WILL BE YOUR NEXT STEP?

DDCA NEWSRami Baron – President, Diamond Dealers Club of Australia. “A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” –Winston Churchill Now is the time to share and build your contacts, look at your LinkedIn and see if there is someone you should directly connect to. As with …

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Environmental concerns take centre stage at CIBJO congress.

CIBJO’s annual congress in Bahrain at the end of 2019 saw a busy schedule of conferences and seminars. At the Marketing and Education commission, green methods of doing business were declared critical-for major multinational corporations and local retailers alike. At the meeting, CIBJO Marketing and Education Commission president Jonathan Kendall spoke of the Jewellery Industry …

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