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AGD Diamonds Acquires Grib Diamonds to Establish Full Service Enterprise

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JSC Arkhangelskgeoldobycha recently announced that it has been officially renamed JSC AGD Diamonds. This move was a result of “its new marketing policy and the brand’s international positioning aimed at its customers, the buyers of rough diamonds,” the Company said. AGD Diamonds has gone on to acquire a 100% stake in Grib Diamonds N.V. in which it was earlier a joint stockholder. Grib Diamonds, a diamond trading company, currently holds auctions for the sale of rough diamonds mined at the Vladimir Grib Diamond Field. These auctions are held on a web-based platform in Antwerp. According to Sergey Neruchev, CEO of AGD, the acquisition of a 100% stake in Grib Diamonds N. V., operating in Antwerp and selling rough produced at the Grib Diamond Field on international markets, is a highly important milestone for the company, opening up a number of additional opportunities. “The consolidation of the AGD production business with the Grib Diamonds trading company will create a full...
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Trends: The Jewelry Fashion Style Instagram Impressive People Are Wearing

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Latest Jewelry Fashion Trends Young, fabulously outfitted women used to uproar to be featured on street style blogs like The Sartorialist and FaceHunter. Now, thanks to Instagram, they have a direct line to their fashion-hungry fans, and they can control every aspect of their image, down to the sparkle of their ombre diamond tennis bracelets. These modern style influencers are often paid huge bucks by brands to wear products in their Instagram posts (all sponsored posts should be labeled as such, with a #sponsored or #ad hashtag) and are the undisputed fashion superstars of the day for the under-30 set. Naturally, it behooves jewelry retailers to follow them on Instagram—and to study the jewelry styles (and styling) they’re pushing out on their feeds. Here is a handful of jewelry trends currently in rotation on the feeds of global style superstars. Camille Charriere in a cuff by Alighieri Jewellery (Image:  @camillecharriere )   The Shapely Cuff ...
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India’s Polished Diamond Exports Remain Flat in July

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Exports of cut and polished diamonds from India were US$ 1.645 billion in July 2017, marginally below the US$ 1.651 bn in the same month a year earlier, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of gold jewellery (both studded and plain), during the month dropped by nearly 32% to US$ 411.37 million from US$ 602.04 mn a year earlier. Overall exports from the gem and jewellery sector during July 2017 stood at US$ 2.42 billion, a drop of 23.61% over the US$ 3.17 billion exported in the same month the previous year. Rough imports during the month at US$ 1.33 billion were down by 6.1% in value terms compared to US$ 1.41 billion imported during the previous July. In volume terms, 13.7 mn carats of rough were imported during the month, up 16% over the imports of 11.8 mn carats during July ‘16. Imports of cut and polished diamonds were down 8.4% to US$ 227.9 million in July 2017 from US$ 248.88 million a year earlier. ...
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