Dear (dear) , Enjoy reading the latest news concerning the diamond and jewellery industry – August (2)
26 August 2008

> No South African Solution (Yet) in the Making
After last month’s DTC Sight in South Africa, we noted the ridiculous and amazing situation in which De Beers had been in violation of the Diamond Amendment Act.

(August 21, 2008)

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> Forever Marking Synthetic Gem-Quality Diamonds

When De Beers recently announced its Forevermark as a worldwide brand for quality diamonds, the market very quickly grasped that this would enable a clear differentiation between natural and synthetic diamonds.

(August 14, 2008)

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>
IDEX Online Research: Jewelry Demand in the U.S., It Could Be Worse
It’s been a long six months for jewelers. After a disappointing 2007 holiday selling season, both Valentine’s and Mother’s Day sales in the first half of 2008 were weak. It’s no fun being a jewelry merchant when the economy is weak.

(August 21, 2008)

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>
From Diamond Possession to Community Service in Zimbabwe
A man that illegally possessed 12.32 carats in diamonds was ordered by a Harare court to perform 630 hours of community service. Clever Masterla was convicted of violating the Precious Stones Act.

(August 18, 2008)

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> The Forevermark Brand Strategy: Empowering the Retailers
 ...asking for feedback from Diamond Trading Company (DTC) Sightholders about the launch of the De Beers Forevermark brand presentation, which was attended by select clients in London at the last Sight, they...

(May 15, 2008)

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>
IDEX Online Research: Jewelry Price Inflation Surges in July
After pausing in June, jewelry and watch prices at the retail level took off again in July, rising by 8.1 percent over the same period a year ago. Producer prices also rose at an accelerating rate in July. Price inflation in the jewelry industry is tracking closely with core inflation in the U.S. market.

(August 25, 2008 )

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> DTC: 16% Average Price Increase So Far (Updated)
The Diamond Trading Company (DTC) announced Tuesday that the average cumulative increase in DTC rough diamond prices since the beginning of 2008 has been 16 percent. The company did not announce any price hikes for the current August Sight.

(August 19, 2008)

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> Swatch H1 Sales Up 18% on Watch & Jewelry Growth

Swiss watch manufacturer the Swatch Group saw sales growth of 17.7 percent at constant exchange rates in the first half of 2008 in its Watches & Jewelry segment. Net sales for this segment totaled CHF2.217 billion ($2.023 billion), up 11 percent year over year.

. (August 17, 2008)

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