The Art of Jewellery - June 2018

Publisher: AOJ Media Pvt. Ltd.
Category: Business, Fashion
Language: English
Frequency : Monthly
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The Art of Jewellery is India's No. 1 business magazine on the jewellery trade and industry. A one-stop source of cutting-edge information for the Gems and Jewellery sector, it is reputed for its focused content, high editorial standards, creative design, rich imagery and state-of-the-art printing. Now in 14th year of publishing, it has won many awards and rich accolades for its contribution to the jewellery industry and trade. It is widely recognized by readers, advertisers, and the jewellery community as a premier magazine in the industry. It reaches quality jewellery retailers in India and overseas and has an extended reach during exhibitions and trade fairs. The Art of Jewellery has a tremendous web and digital presence and is a pioneer in providing daily news updates on national and international happenings. AOJ Daily – E news capsule reaches more than 80,000 industry players on daily basis.

The Las Vegas trade shows – JCK, Couture, Luxury, and AGTA – were active and positive this year. The annual pilgrimage to the city was engulfed with a positive expectation by diamond traders, retailers, and jewellery wholesalers. While not an exaggerated optimism, or ungrounded feeling that everything is going to be all right, it was an understanding that demand is there, prices are right, and people want as well as need to do business. Like every year, AOJ organised a delegation of more than 30 Jewellery buyers from India for 10th consecutive year. The bombshell that De Beers dropped on the eve of the JCK, namely the announcement that it will market to consumers low-cost fashion jewellery set with lab-grown diamonds sent shockwaves throughout the diamond and jewellery industry. The programme, called Lightbox, surprised the industry. That said, some felt that De Beers erred and by adding lab-grown to its offerings would destroy the natural diamond market. Others agreed with De Beers, saying that by lowering prices of lab-grown so much, it will succeed in creating a clear separation between lab-grown and natural, thus alleviating the threat of lab-grown replacing naturals. Everyone agreed that this is a major gamble that will take years to play out before we know which school of thought prevails. Our cover story talks in detail about each and every angle related to it.

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