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Faced with modern challenges, they’re progressing and continuously innovating to maintain their edge within the business. SAMUEL ORD explores the rising popularity of CAD/CAM companies and tools in the Australian jewellery industry. SAMUEL ORD considers the impression high-profile auctions have on the recognition of fancy colour diamonds. The latest analysis of Australia’s independent jewelry stores revealed a modest decline in gross sales throughout September.
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“Most stores skilled affordable increases on last year’s sales – other than in Victoria of course – for July to September 2020. However, I don’t suppose anyone anticipated the massive enhance in gross sales in October and November. “This comes off the back of the lack of safety and security, driven by being too reliant on just-in-time supply chains from the global village,” he explains.
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She has ten years media experience throughout Australia and the UK as journalist and sub-editor. “Recently, there have been essential rulings in North America to increase readability within the marketing of mined diamonds. Most importantly, there’s Jewelery News a push to make sure transparency out there, broad client choice, and consciousness of where a diamond is from and the environmental impact,†she explains.
In December of 2021, New York-based designer David Yurman filed a lawsuit against venture capital-backed Mejuri for ‘copying’ several distinctive jewellery designs that bore similarities with Yurman’s Pure Form and Sculpted Cable collections. “In this case, the physique of water is the consumer market. For lab-grown to proceed to be a viable consumer product, some perceived value must be created. Until then, the lab-grown pipeline is driving fast into a dead-end.” The Great Diamond Debateis a group of particular version publications covering the worldwide diamond market. According to a Roswell police report, officers began an investigation after a patient’s daughter reported her mom had a gold chain link bracelet stolen from her wrist while receiving care at North Fulton Hospital on Sept. 28.
The latest Union budget had constructive news for the gems and jewellery sector, with a significant discount in customs responsibility on precious metals similar to gold, silver and platinum. With retailers in the midst of the busiest time of the yr, it seems even a world pandemic can’t dampen spirits – or sales. Dyer additionally pointed to a consistent improve in earrings and diamond pendant gross sales – each diamond-set and non-gemstone – over the previous 4 to 5 months. “We have been extremely pleased and surprised by the sheer volume of commerce that our members have been experiencing.