06.05.2019 Views

Jeweller - May 2019

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY<br />

MAY <strong>2019</strong><br />

Watch list<br />

SELLING WITH STYLE IN THE<br />

FASHION WATCH SECTOR<br />

All Thai’d up<br />

+ +<br />

HANDCRAFTED EXCELLENCE AND A<br />

ROYAL TOUCH AT THE BANGKOK FAIR<br />

Cast track<br />

WHAT’S NEW IN THE CASTING<br />

AND REFINING INDUSTRY


New Certified Rubies<br />

In stock & online now<br />

Visit our website or call our Melbourne office for details:<br />

Room 405, 4th Floor, Wales Building, 227 Collins Street, Melbourne VIC 3000<br />

Ph: +61 (0) 3 9654 5200 / Interstate Orders 1300 843 141 E: sales@oagems.com www.oagems.com


WORLD SHINER PTY. LTD.<br />

www.worldshiner.com<br />

Sydney Brisbane London<br />

New Zealand<br />

Melbourne<br />

Tokyo Mumbai Florence Stuttgart Chicago


The <strong>Jeweller</strong>y Design<br />

Awards are back<br />

Returning to the <strong>2019</strong> International <strong>Jeweller</strong>y & Watch Fair, the <strong>Jeweller</strong>y Design Awards represent the industry in<br />

recognising and celebrating the best of the best in Australian and New Zealand craftsmanship.<br />

The Awards Finalists will have their designs showcased as part of an exclusive display at the<br />

International <strong>Jeweller</strong>y Fair <strong>2019</strong> held at ICC Sydney, with cash prizes to be won!<br />

AWARD CATEGORIES<br />

• 1st & 2nd Year Apprentice/Student Award • 3rd & 4th Year Apprentice/Student Award<br />

• Australian Opal Award • Bridal Award • CAD/CAM/Cast Award • Coloured Gemstone Award • Diamond Award<br />

• Innovative Timepiece Award • Men’s Accessories & <strong>Jeweller</strong>y Award • Pearl Award • Precious Metal Award<br />

Do you have what it takes?<br />

Enter the Awards online at www.jewelleryfair.com.au<br />

INTERNATIONAL<br />

JEWELLERY & WATCH FAIR<br />

AUGUST 24 > 26, <strong>2019</strong><br />

ICC Sydney I Exhibition Centre I Darling Harbour<br />

Organised by<br />

For further information regarding the awards, including full terms and<br />

conditions, please visit www.jewelleryfair.com.au or give our<br />

team a call on 02 9452 7513


SELLING WITH STYLE IN THE<br />

FASHION WATCH SECTOR<br />

VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY<br />

HANDCRAFTED EXCELLENCE AND A<br />

ROYAL TOUCH AT THE BANGKOK FAIR<br />

MAY <strong>2019</strong><br />

WHAT’S NEW IN THE CASTING<br />

AND REFINING INDUSTRY<br />

CONTENTS<br />

MAY <strong>2019</strong><br />

17/<br />

23/<br />

31/<br />

FEATURES REGULARS BUSINESS<br />

17/ PARTNER IN TIME<br />

When is a watch not a watch? <strong>Jeweller</strong><br />

takes a look at why people love this<br />

stylish, affordable accessory.<br />

23/ THE CAST WORD<br />

How green technology and 3D<br />

printing are defining the casting<br />

and refining industry.<br />

28/ WATCH THIS SPACE<br />

Find out what’s next for Baselworld as<br />

it faces an uncertain future.<br />

31/ BANG ON<br />

Thailand’s signature craftsmanship<br />

wins fans at the Bangkok Gem and<br />

Jewelry Fair.<br />

9/ Editorial<br />

10/ Upfront<br />

11/ News<br />

33/ Gems<br />

Organic Gems Part II: Pearls<br />

41/ My Store<br />

42/ 10 Years Ago<br />

43/ Calendar<br />

44/ My Bench<br />

46/ Soapbox<br />

Martin Foster on the pain and<br />

politics of the Swiss shows.<br />

35/ Business feature<br />

Chris Petersen decodes how to sell<br />

digitally upgraded products.<br />

37/ Selling<br />

The biggest sales mistakes are the<br />

easiest to make, writes Brian Jeffrey.<br />

38/ Management<br />

There are two key elements for<br />

leadership, says David Brown.<br />

39/ Marketing<br />

Sue Barrett shows you how<br />

to apply your sales skills to<br />

everyday situations.<br />

40/ Logged On<br />

Simon Dell shares seven simple<br />

steps to online success.<br />

Watch list<br />

All Thai’d up<br />

+ +<br />

Cast track<br />

Front cover description:<br />

Thomas Sabo fashion watches<br />

combine the brand’s signature<br />

style and quality, and are the<br />

perfect complement to<br />

Thomas Sabo jewellery.<br />

Visit: thomassabo.com.au<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 5


conferences<br />

Designed to inspire,<br />

motivate, educate and<br />

build relationships.<br />

The lessons learned<br />

from our expert team<br />

and fellow members<br />

are some of the<br />

greatest benefits you<br />

can receive.<br />

stock<br />

ranging /<br />

merchandising<br />

Access to our<br />

best selling stock<br />

analysis reports plus<br />

defined category<br />

management, purchase<br />

& replenishment<br />

planning information.<br />

management<br />

training<br />

Business Mentoring,<br />

KPI Benchmarking &<br />

Business Analysis &<br />

Store Consultancy as<br />

well as extensive tailored<br />

management training<br />

programs & special HR<br />

/ Policies & Procedures<br />

packages available to<br />

every member.<br />

marketing<br />

Choose and pay for<br />

the marketing that<br />

you want to suit your<br />

business. Your choice of<br />

Catalogues, Brochures,<br />

Instore, Customer<br />

Loyalty, Direct Marketing<br />

and more.<br />

staff<br />

training<br />

Comprehensive industry<br />

specific staff training at<br />

an individual store level<br />

which is also accessible<br />

24/7 via our exclusive<br />

member extranet.<br />

online<br />

solutions<br />

Access a suite of<br />

extremely cost effective<br />

online solutions to<br />

keep your store ahead<br />

of the game. Including<br />

a highly sophisticated<br />

Direct Marketing / Loyalty<br />

Program, Social Media<br />

platform, Ecommerce<br />

gateway & more.<br />

DREAM BIG<br />

RETAIN YOUR NAME & YOUR INDEPENDENCE!<br />

We offer the most extensive retail support in the industry,<br />

with a young & dynamic head office team, with over<br />

50 years combined <strong>Jeweller</strong>y industry experience.<br />

You’ve worked hard to build your own brand in your<br />

community - Join our family of like minded <strong>Jeweller</strong>y<br />

Specialists, keep your independence & experience our<br />

dynamic group today!<br />

- We Specialise in HANDS ON Retail Assistance<br />

- Ask us about our Staff Training Programs<br />

- Enjoy the Best Prices in the Industry<br />

- Is your Current Buying Group offering you the<br />

One on One assistance that you Deserve?<br />

Leading Edge Group - one of Australia’s largest & most cost effective buying<br />

groups. No cost to join & everything to gain!<br />

championing independent retailers<br />

Find out more. Talk to Anita Gounder, General Manager<br />

building valuable business communities<br />

P 02 8732 9540 E goundera@leadingedgegroup.com.au<br />

www.leadingedgegroup.com.au


EDITORIAL<br />

BUYING GROUPS ARE RIGHT TO UNITE<br />

In what can only be described as a big<br />

step forward, both Showcase <strong>Jeweller</strong>s<br />

and Leading Edge <strong>Jeweller</strong>s have decided<br />

to collaborate with Expertise Events and<br />

incorporate their annual conferences and<br />

buying days into the International <strong>Jeweller</strong>y<br />

& Watch Fair (IJWF).<br />

Traditionally both groups have organised their<br />

events to take place a few days prior to the<br />

Sydney trade show.<br />

Unlike Nationwide <strong>Jeweller</strong>s, which has<br />

always organised its educational program and<br />

buying days to be conducted on the actual<br />

fair floor, Showcase and Leading Edge held<br />

their activities off-site a few days beforehand,<br />

hoping that their members would stay on to<br />

attend the trade show proper.<br />

The fact that suppliers to both groups would<br />

have their costs doubled and even tripled by<br />

having to attend the groups’ annual events –<br />

at different locations – as well as the Sydney<br />

fair, was an ongoing issue.<br />

It’s been a major bone of contention for<br />

many years, because not only did suppliers<br />

incur multiple event costs, as well as flights<br />

and accommodation, staff would be out<br />

of the office for extended periods of time.<br />

And while suppliers have grumbled about<br />

the inefficiency and inconvenience for<br />

sometime, to a large extent they put up<br />

with it in the good times.<br />

However as trading conditions weakened, the<br />

suppliers’ voices got louder until grumbling<br />

became full-on complaints. That was<br />

especially true when the buying groups were<br />

not getting their members showing up to<br />

their own conferences in large numbers as<br />

they had previously.<br />

Something had to give. With the divide in the<br />

industry over the past three years, it was most<br />

welcome news that, for the first time since its<br />

inception, the Sydney trade fair will feature all<br />

three buying groups on the floor with their<br />

respective educational and training programs<br />

being conducted at the same time.<br />

The news was obviously welcomed by the<br />

suppliers who can ill-afford unnecessary costs<br />

in the current business climate. Every dollar<br />

and effort needs to go into reinvigorating the<br />

industry so the new arrangements will go<br />

a long way towards a more harmonious and<br />

focused attitude.<br />

The same attitude would also be ideal when<br />

it comes to industry awards. I remember a<br />

time when 600 to 800 people would gather<br />

at the Sydney Town Hall for the Australian<br />

<strong>Jeweller</strong>y Awards. The talents of our<br />

homegrown designers and jewellers were<br />

put on show at a gala industry event.<br />

Sadly times have changed, and worse, we<br />

now have two competing jewellery design<br />

awards: the incumbent JAA Australian Design<br />

Awards and the new, larger, <strong>Jeweller</strong>y Design<br />

Awards promoted by Expertise Events and<br />

showcased at the IJWF.<br />

While that’s not ideal, it’s worse because,<br />

THE UPSHOT<br />

WAS THAT TWO<br />

JEWELLERY<br />

DESIGN<br />

COMPETITIONS<br />

WERE HELD IN<br />

2017 AND TWO<br />

WILL TAKE PLACE<br />

AGAIN THIS YEAR.<br />

while both are biennial events, they take<br />

place in the same year!<br />

The clash came about when Expertise Events<br />

decided to launch a new style of jewellery<br />

design competition in the ‘odd’ years; the<br />

JAA’s competition had always been in ‘even’<br />

years. However, in 2016 the JAA failed to<br />

secure support for its event and postponed it,<br />

deciding to hold it the following year.<br />

The upshot was that two jewellery design<br />

competitions were held in 2017 and two will<br />

take place again this year.<br />

That now causes new problems because the<br />

obvious sponsors for such an industry event<br />

are being asked to support two events at<br />

the same time – while there is no event the<br />

following year. And while sponsors do so as<br />

a way to support emerging talent, it seems<br />

rather silly to have two events at the same<br />

time one year and none the next.<br />

The obvious solution is for the JAA to go back<br />

to their even year competition and have the<br />

Expertise Events competition in the odd year.<br />

Even better still would be to have one<br />

event every year, with the JAA working with<br />

Expertise Events to promote the wonderful<br />

and talented jewellery designers Australia<br />

has to offer.<br />

Forget a big step forward – that would be<br />

a giant leap!<br />

Coleby Nicholson<br />

Managing Editor<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 9


UPFRONT<br />

n HIDDEN GEMS<br />

A routine traffic stop took a very<br />

interesting turn in New Mexico last<br />

month. Eusebio Padillo, 23, was pulled<br />

over for riding his motorcycle without a<br />

license plate. In the course of his arrest,<br />

police found a small bag containing 44<br />

diamonds – believed to be stolen – in<br />

his anal cavity! A bumpy ride indeed.<br />

n SCENT OF SUCCESS<br />

Middle Eastern perfume company<br />

Spirit Of Dubai Parfums has broken<br />

the Guinness World Record for most<br />

diamonds set on a perfume bottle.<br />

The 6ft 5in-tall flask of Shumukh, a<br />

unisex fragrance, is inset with 3,571<br />

diamonds totalling 38.55-carats. It also<br />

features topaz, pearls, 18-carat gold<br />

and pure silver – so it’s no surprise it<br />

has broken the record for the world’s<br />

most expensive fragrance too, priced at<br />

$1.295 million per bottle.<br />

n HAIR TODAY…<br />

Melbourne man Hayden Peters’<br />

650-strong jewellery collection is full<br />

of treasured pieces dating back to the<br />

Victorian era. But there’s one section<br />

that’s different from the others – the<br />

items are made from human hair!<br />

Known as ‘mourning jewellery’, they date<br />

back to the trend of the 19th century,<br />

which saw locks of the deceased’s hair<br />

turned into rings, lockets and brooches.<br />

EMERALD:<br />

MAY BIRTHSTONE<br />

DID YOU KNOW?<br />

Emeralds were mined as early as 1500BCE<br />

by the ancient Egyptians. Today, the world’s<br />

supply mostly comes from Colombia, where<br />

the native people hid their mines so well<br />

it took the Conquistadors 20 years to find<br />

them! This deep green gem is associated with<br />

rebirth, youth, good fortune and foresight.<br />

As the birthstone for <strong>May</strong>, it represents the<br />

coming of spring in the northern hemisphere.<br />

DIGITAL<br />

BRAINWAVE<br />

WHO SAID?<br />

“Millennials consider fashion<br />

watches to be an extension<br />

of their personality.”<br />

Turn to page 17 to find out ><br />

INSTASHOPPING<br />

Instagram has begun testing its new Checkout feature, which will finally allow users to<br />

buy products without leaving the app. The US-only trial includes more than 20 wellknown<br />

companies like Burberry, Nike and Zara. Previously, users would have to tap ‘View<br />

on Website’ buttons on images, which would then link them to an e-commerce site.<br />

The new feature will allow users to store their payment information – including PayPal,<br />

Visa and Mastercard – on their Instagram profile for one-click transactions. If successful,<br />

the feature is predicted to roll out globally by the end of <strong>2019</strong>.<br />

TOP PRODUCT<br />

The new Cluse Le Couronnement watch<br />

combines modern appeal with refined details<br />

and innovative functionality. Bordered with<br />

faceted hexagons, this timepiece features an<br />

easily interchangeable soft strap in genuine<br />

leather. Available in a range of colours, making<br />

it fun to mix and match with your other<br />

jewellery, all Cluse watches are created with<br />

impeccable attention to design and the finest<br />

materials. Distributed by Heart & Grace.<br />

VOICE OF THE AUSTRALIAN<br />

JEWELLERY INDUSTRY<br />

jewellermagazine.com<br />

Publisher & Editor<br />

Coleby Nicholson<br />

Associate Publisher<br />

Angela Han<br />

angela.han@gunnamattamedia.com<br />

Journalists<br />

Arabella Roden<br />

arabella.roden@jewellermagazine.com<br />

Myles Hume<br />

myles.hume@gunnamattamedia.com<br />

Production Manager<br />

& Graphic Design<br />

Jo De Bono<br />

art@gunnamattamedia.com<br />

Accounts<br />

Paul Blewitt<br />

finance@gunnamattamedia.com<br />

Subscriptions<br />

info@jewellermagazine.com<br />

<strong>Jeweller</strong> is published by:<br />

Gunnamatta Media Pty Ltd<br />

Locked Bag 26, South Melbourne,<br />

VIC 3205 AUSTRALIA<br />

ABN 64 930 790 434<br />

Phone: +61 3 9696 7200<br />

Fax: +61 3 9696 8313<br />

info@gunnamattamedia.com<br />

Copyright: All material appearing<br />

in <strong>Jeweller</strong> is subject to copyright.<br />

Reproduction in whole or in part is<br />

strictly forbidden without prior written<br />

consent of the publisher.<br />

Gunnamatta Media Pty Ltd strives to<br />

report accurately and fairly and it is<br />

our policy to correct significant errors<br />

of fact and misleading statements in<br />

the next available issue. All statements<br />

made, although based on information<br />

believed to be reliable and accurate at<br />

the time, cannot be guaranteed and<br />

no fault or liability can be accepted<br />

for error or omission. Any comment<br />

relating to subjective opinions should<br />

be addressed to the editor.<br />

Advertising: The publisher reserves<br />

the right to omit or alter any<br />

advertisement to comply with<br />

Australian law and the advertiser<br />

agrees to indemnify the publisher for<br />

all damages or liabilities arising from<br />

the published material.<br />

10 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


NEWS<br />

NEWS<br />

Mixed news for Michael Hill<br />

Releasing its quarterly trade update recently,<br />

Michael Hill International revealed that<br />

same-store sales shrunk 1.5 per cent and<br />

total sales 0.8 per cent year-on-year. The<br />

share price slipped 7 cents to 60 cents in the<br />

wake of the news.<br />

But while those numbers may seem<br />

discouraging, they are a marked<br />

improvement on the international jewellery<br />

chain’s previous two quarters, which showed<br />

same-store sales falling 11 per cent and 2.9<br />

per cent consecutively.<br />

The company put the good news down to<br />

its new integrated, customer-lead operating<br />

model, adopted in March, which focuses<br />

on more closely aligning merchandise,<br />

marketing and retail.<br />

Daniel Bracken, CEO Michael Hill, said in a<br />

statement, “The company’s performance<br />

continued to stabilise during the quarter as<br />

refinements to the strategy improved our<br />

position,” adding, “We have already seen the<br />

potential for the new integrated model to<br />

lift customer engagement and sales, as well<br />

as improve operational efficiencies.”<br />

Michael Hill closed five under-performing<br />

stores during the quarter – including the<br />

final Emma & Roe location – and opened<br />

one new site. E-commerce now represents<br />

2.9 per cent of total sales, and is up 53 per<br />

cent when compared to the same period<br />

THE TIDE MAY BE TURNING FOR THE RETAILER<br />

in the 2018 financial year. The company<br />

also made redundant 27 staff at its Brisbane<br />

headquarters in mid-February, as part of<br />

cost-cutting measures.<br />

It was reported that the job losses came<br />

across ‘all sections, from manufacturing to<br />

office administration’.<br />

In Australia, same-store sales were down<br />

3.4 per cent, which analysts attributed to<br />

challenging overall conditions for retail.<br />

However, the results were worse across the<br />

Tasman, with the company’s New Zealand<br />

operations reporting same-store sales<br />

down 6.3 per cent due to falling consumer<br />

sentiment and spending in the wake of the<br />

Christchurch shooting.<br />

Michael Hill operates 171 stores in Australia<br />

and 52 in New Zealand.<br />

More management changes at Pandora<br />

Following several other high-profile exits,<br />

Pandora International’s chief operating<br />

officer (COO) Jeremy Schwartz tendered his<br />

resignation last month, just ahead of the<br />

imminent commencement of new president<br />

and CEO Alexander Lacik.<br />

Schwartz had been acting as ‘co-CEO’ of the<br />

company alongside chief financial officer<br />

Anders Boyer since September 2018, after<br />

CEO Anders Colding Friis quit the company.<br />

Some had speculated Schwartz – who was<br />

previously CEO of The Body Shop – could<br />

take on the top job full-time, before Lacik<br />

was named to the position in mid-February.<br />

Lacik – a Swedish executive who has been<br />

CEO of Britax since 2017 – took the reins<br />

on 23 April.<br />

Peder Tuborgh, chairman of Pandora’s<br />

board of directors, said in a statement,<br />

“I have sympathy for Jeremy’s decision<br />

considering the overlap of competencies<br />

between him and Alexander Lacik. I would<br />

like to thank Jeremy for his significant<br />

contributions to Pandora.”<br />

Elsewhere, the company has announced<br />

plans for its first nation-specific designs,<br />

releasing a peach blossom-inspired<br />

collection for the Chinese market.<br />

Huge diamond<br />

found in Botswana<br />

One of the largest diamonds in history<br />

has been unearthed in Botswana. The<br />

unbroken 1,758-carat stone was found<br />

at the Karowe Mine, which is owned by<br />

Canadian mining company Lucara.<br />

The diamond weighs around 350g<br />

and measures 83mm x 62mm x 43mm.<br />

It has been classified as near-gem<br />

quality with some areas of high-quality<br />

white gem, though analysis has not yet<br />

been completed.<br />

It’s the largest diamond ever recovered<br />

in Botswana and is thought to be the<br />

second largest found in history, second<br />

only to the Cullinan Diamond which was<br />

discovered in South Africa in 1905.<br />

Lucara also found a 1,111-carat gem<br />

quality diamond at Karowe in 2015. Both<br />

were discovered<br />

using TOMRA XRT<br />

technology, a<br />

ground-breaking<br />

sensor sorting<br />

system that has<br />

detected four of<br />

the top ten largest<br />

diamonds in the<br />

world to date.<br />

“Lucara’s technologically advanced, XRT<br />

diamond recovery circuit has once again<br />

delivered historic results,” Eira Thomas,<br />

president and CEO Lucara, said. “Karowe<br />

has now produced two diamonds<br />

greater than 1,000 carats in just four<br />

years, affirming... the likelihood of<br />

recovering additional, large, high quality<br />

diamonds in the future.”<br />

Lucara is also currently trialling its own<br />

online diamond selling platform, named<br />

Clara. The site allows Lucara to match<br />

buyers’ requirements rather than the<br />

traditional system, which has them buy<br />

‘by the bucket’. It incorporates blockchain<br />

technology to maintain traceability.<br />

The company is now attempting to bring<br />

other independent diamond producers<br />

on board, touting its service as an<br />

alternative to selling through the likes of<br />

DeBeers and Alrosa.<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 11


NEWS<br />

IN BRIEF<br />

*<br />

WORLD’S LARGEST PEARL<br />

A Canadian man has unveiled what is<br />

believed to be the world’s largest natural<br />

pearl, which weighs in at a whopping 27kg!<br />

Abraham Reyes inherited the enormous<br />

gemstone from his aunt and had no idea<br />

it was even a pearl, let alone valuable.<br />

Nicknamed the ‘Giga Pearl’, it has now been<br />

appraised at between $60 million and $90<br />

million. It’s four times the size of the previous<br />

largest natural pearl, the Lao-Tzu Pearl – also<br />

known as the Pearl of Allah.<br />

*<br />

HISTORY FOR SALE<br />

British auction house Bonhams is set to sell<br />

the original agreement for the inspection of<br />

the legendary Cullinan Diamond between<br />

King Edward VII and diamond dealers M.J<br />

Levy & Nephews. The contract, which<br />

brokered the cutting of the 3,106-carat stone<br />

– the largest gem-quality diamond ever<br />

discovered – is dated January 29, 1908. The<br />

Cullinan was later used to create nine of the<br />

Crown Jewels of Great Britain.<br />

*<br />

LONDON HEIST STUMPS COPS<br />

An ‘audacious’ jewellery heist in the heart<br />

of London has the city’s Metropolitan<br />

Police pleading with the public for answers.<br />

The burglars drilled through the wall of a<br />

neighbouring bookmaker in order to gain<br />

access to George Attenborough & Son<br />

<strong>Jeweller</strong>s on Fleet Street, obscuring a CCTV<br />

camera with white paint in the process.<br />

Once inside, the thieves stole more than<br />

$900,000 in jewellery before escaping.<br />

Police were called to the store at 2am.<br />

*<br />

DIAMOND SOLD FOR $14 MILLION<br />

A flawless 88.22-carat oval diamond has<br />

surpassed the highest estimates at a Hong<br />

Kong auction, fetching US$13.7 million. The<br />

D colour Type IIa brilliant-cut stone was the<br />

top lot of more than 200 items, and was<br />

bought by a Japanese collector after fierce<br />

competition from two rival bidders. He has<br />

named it the ‘Manami Star’ after his daughter.<br />

*<br />

RARE BLUE GEM FOUND IN CANADA<br />

A new study by the University of British<br />

Columbia has found that Canada’s Baffin<br />

Island is home to the prized cobalt blue<br />

spinel. The gemstone – known for its intense<br />

colour and durability – frequently lies in plain<br />

sight in the remote territory.<br />

Diamond inclusions hold secrets<br />

Geoscientists from the US and Canada have<br />

discovered that ancient sulphur-rich mineral<br />

deposits, trapped inside diamonds, can offer<br />

new insights into how Earth’s continents<br />

were formed.<br />

The research group from the Carnegie<br />

Institution of Washington, the Gemological<br />

Institute of America (GIA) and the University<br />

of Alberta demonstrated diamonds held<br />

details about historic geological events that<br />

led to long-term land stability, a key factor in<br />

supporting life.<br />

Lead study author Karen Smit of the GIA said<br />

that while mineral diamond inclusions may<br />

lack appeal in the gem trade, for geoscientists<br />

they have helped solve mysteries about the<br />

foundations of Earth.<br />

“We’ve found a way to use traces of sulphur<br />

from ancient volcanoes, that made its<br />

way into the mantle and eventually into<br />

diamonds, to provide evidence for one<br />

particular process of continent building,” Smit<br />

said following the study, which was recently<br />

published in the journal Science.<br />

The group’s analysis of Sierra Leonean<br />

diamonds indicated the West African<br />

continent experienced two ‘subduction<br />

events’, where oceanic plates sunk from<br />

the Earth’s surface into its depths when<br />

Rare gem unearthed at Argyle<br />

The iconic Argyle Mine in Western Australia’s<br />

Kimberley region has produced the largest<br />

gem-quality white diamond in its history.<br />

The 28.84-carat stone has been named<br />

Argyle Octavia after its octahedral shape,<br />

and is thought to be one of the most<br />

unique large white diamonds to come<br />

from the mine.<br />

Argyle, which is owned by Rio Tinto and has<br />

been operating since 1983, is best known<br />

as one of the world’s premier sources of<br />

natural colour diamonds. In particular, it<br />

accounts for more than 90 per cent of the<br />

global supply of pink diamonds.<br />

Gem-quality white diamonds above 20<br />

carats have accounted for just 0.0007 per<br />

cent of Argyle’s production since the mine<br />

opened, making the Octavia an ultra-rare<br />

find. It’s particularly special as Argyle is set to<br />

close in 2020.<br />

SCIENTISTS ANALYSED SIERRA LEONEAN STONES<br />

one tectonic plate slid beneath another. The<br />

sulphur-rich inclusions only exist in diamond<br />

samples from more than 2.5 billion years<br />

ago – before atmospheric oxygen became as<br />

abundant as it is today.<br />

“This means that the sulphur in these<br />

mineral inclusions must have once existed<br />

on the Earth’s surface and was then drawn<br />

down into the mantle by subduction,” the<br />

researchers wrote.<br />

The team’s comparison to diamonds from<br />

Botswana showed similar results, however<br />

diamonds mined from northern Canada<br />

did not show the same sulphur chemistry,<br />

meaning that the North American continent<br />

was formed differently.<br />

THE ARGYLE OCTAVIA WHITE DIAMOND<br />

Arnaud Soirat, chief executive of Rio Tinto’s<br />

copper and diamonds portfolio, said in a<br />

press release: “We are delighted with this<br />

discovery, which is a testament to the<br />

extraordinary Argyle orebody that continues<br />

to deliver these miracles of nature, even as it<br />

nears the end of mine life.”<br />

The Octavia will be sold by tender in<br />

Antwerp later this year.<br />

12 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


NEWS<br />

Breitling exits Baselworld<br />

Following last month’s Baselworld trade show,<br />

watch company Breitling has announced<br />

it will not return in 2020, blaming the<br />

scheduling shift from March to the end<br />

of April.<br />

Instead, it will pursue it’s own road shows and<br />

the Breitling Summit format, which involves<br />

inviting select groups of retailers, media,<br />

customers and collectors to see exclusive<br />

product launches and developments. The first<br />

one was held in London last October.<br />

But while the exit could be seen as a blow<br />

to Baselworld and its new CEO, Michel<br />

Loris-Melikoff, Breitling CEO Georges Kern<br />

emphasised that the door was still open for<br />

the future. “We will decide whether we will<br />

return to Baselworld from 2021 onward at a<br />

later date, and this will depend on the timing<br />

INSTEAD OF TRADE SHOWS, BREITLING WILL RUN<br />

ITS OWN ROAD SHOWS AND SUMMIT FORMAT<br />

of the event and the possibility of holding the<br />

Breitling Summit.”<br />

He added, “We would like to emphasise that<br />

the extensive innovations developed and<br />

implemented by Baselworld’s management<br />

under Michel Loris-Melikoff in such a short<br />

timeframe have had a positive impact<br />

and can lay the foundations to take<br />

Baselworld in a new direction in the future.”<br />

In more positive news for Baselworld, Rolex<br />

has decided to expand its presence at the<br />

2020 show, with sister brand Tudor taking its<br />

own stand in Hall 1.0 for the first time.<br />

“This is a strong demonstration of confidence<br />

in the successful future of Baselworld and<br />

gives us a boost for the tasks ahead,” Loris-<br />

Melikoff said.<br />

The announcement comes off the back of<br />

a new report into the global Swiss watch<br />

industry by Morgan Stanley and LuxeConsult,<br />

which showed Rolex Group, which includes<br />

Rolex and Tudor, is far and away the industry<br />

leader with 22.2 per cent market share. The<br />

company – which is privately owned by the<br />

Fondation Hans Wilsdorf family trust – turns<br />

over CHF11.5 billion ($16 billion) in retail sales<br />

per year.<br />

For more on Baselworld, turn to page 28.<br />

Lab-grown still out in Mumbai<br />

The world’s largest diamond bourse, the<br />

Bharat Diamond Bourse (BDB) in Mumbai,<br />

India, has denied rumours it is planning to lift<br />

the ban on the sale of synthetic diamonds on<br />

its trading floors.<br />

Anoop Mehta, BDB president, was reported<br />

as saying that advances in synthetic diamond<br />

detection technology could form the basis<br />

for overturning the band, and that the policy<br />

would be reviewed at board level “in the next<br />

five to six months”.<br />

However, a spokesperson for BDB later<br />

clarified: “Local media quoted Anoop Mehta<br />

that he may consider allowing synthetic<br />

diamonds after six months, but the BDB<br />

management committee has rejected the<br />

proposal to allow synthetics. This decision will<br />

be finalised at the BDB general body meeting<br />

and presently there is no other proposal to lift<br />

the ban.”<br />

THE BHARAT DIAMOND BOURSE IN MUMBAI<br />

The policy has been in place since 2015,<br />

and was justified at the time due to reports<br />

of mixing lab-grown stones with mined<br />

diamonds. Reports that the ban would be<br />

withdrawn in 2017 were also proven to be<br />

false.<br />

Meanwhile, lab-grown diamonds have been<br />

given a boost in China. The Guangzhou<br />

Diamond Exchange (GZDE) has signed a<br />

strategic co-operation agreement with local<br />

synthetic diamond suppliers.<br />

+ MORE BREAKING NEWS<br />

JEWELLERMAGAZINE.COM<br />

Major US jewellery<br />

chains facing<br />

legal action<br />

Sterling Jewelers, the largest jewellery<br />

company in the US, is currently embroiled<br />

in a far-reaching arbitration case with<br />

thousands of female employees, who<br />

allege decades of sexual harassment<br />

and discrimination.<br />

Sterling, which is a subsidiary of UK-based<br />

Signet Jewelers, is the parent of wellknown<br />

US chains like Zales, Jared The<br />

Galleria Of Jewelry and Kay and is worth<br />

more than $6 billion.<br />

While the legal proceedings – which<br />

have been in process for ten years – were<br />

reported on in the past, a New York Times<br />

exposé, published in April, has revealed<br />

previously unknown sordid details.<br />

The piece includes multiple accounts<br />

of men being promoted above more<br />

qualified female colleagues, women<br />

being paid less per hour than men<br />

doing the same job, and women being<br />

overlooked for management positions<br />

despite their experience.<br />

More troubling are the allegations of<br />

a ‘boys’ club’ culture rife with sexual<br />

harassment, coercion and abuse,<br />

despite the company having a majority<br />

female workforce.<br />

Responding to the new report, a<br />

spokesperson for Signet said, “We’re<br />

disappointed that the New York<br />

Times decided to publish an article<br />

primarily based on decades-old<br />

allegations, and [that] we believe<br />

casts our company unfairly,” adding<br />

that women make up 74 per cent of<br />

management positions and that the<br />

board has achieved gender parity under<br />

CEO Gina Drosos.<br />

The story is another blow to the jewellery<br />

group, which reported financial losses of<br />

US$657.4 million for the 2018-19 financial<br />

year and has begun several rounds of job<br />

cuts in the US.<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 13


NEWS<br />

Future of Canadian<br />

mining in doubt?<br />

Canada may be the world’s third-largest<br />

rough diamond producing country<br />

by volume, according to recent figures<br />

from the Kimberley Process, but the<br />

future of its mining industry has been<br />

called into question amid rising costs<br />

and low-value yields.<br />

A new report from Bloomberg found that<br />

every mine in Canada produces stones<br />

that fall well below the global average<br />

price per carat.<br />

In addition, Canadian stones have<br />

tended to be smaller and lower quality than<br />

expected. This sector in particular is facing<br />

increasing competition from synthetic<br />

diamonds, which are cheaper<br />

to produce and sell.<br />

Diamond mining is still a young industry<br />

in the country, with the discovery of<br />

kimberlite in its Northwest Territories<br />

occurring in 1991. But while there were<br />

once high hopes for the region, two of its<br />

main mines, Ekati and Diavik, are now at the<br />

mature end of their life cycle and nearing<br />

closure. Several other major mines have lost<br />

significant market value in recent years and<br />

have changed ownership several times.<br />

Establishing new mines has been<br />

hampered by the high cost of labour and<br />

the remoteness of the sites; northern<br />

Canada is frozen most of the year with<br />

temperatures as low as -50 o C and little<br />

existing infrastructure.<br />

However, recent technology breakthroughs<br />

including drones, autonomous vehicles and<br />

sensors could be the key to overcoming<br />

some of the challenges.<br />

A revival of the CanadaMark brand,<br />

emphasising the ethical practices and<br />

positive associations consumers have with<br />

Canada itself, is also taking place.<br />

MINING IN CANADA IS FACING CHALLENGES<br />

HORMONE-COATED<br />

BACKINGS FOR<br />

JEWELLERY ARE<br />

BEING TESTED<br />

<strong>Jeweller</strong> to the stars shines in Australia<br />

Celebrity jeweller Robert Procop has joined<br />

forces with Australian diamond expert Garry<br />

Holloway to launch his latest collection,<br />

which was designed with A-lister Angelina<br />

Jolie and her daughter Zahara. The Style<br />

of Jolie collection made its debut at Holloway<br />

Diamonds in Melbourne on April 30.<br />

Procop’s association with Jolie dates back<br />

many years. He has also created pieces for US<br />

President Ronald Reagan and was CEO of the<br />

UK’s Crown jeweller, Garrard.<br />

Procop was introduced to Holloway last year,<br />

saying: “We just clicked. He invited me to<br />

Australia, and I thought, what better place<br />

to launch the new Jolie Collection than in<br />

Australia with a true pioneer in this age-old<br />

diamond industry.”<br />

ROBERT PROCOP AND GARRY HOLLOWAY<br />

All profits from the Style of Jolie range go<br />

towards The Education Partnership for<br />

Children of Conflict, which builds schools and<br />

dormitories in Afghanistan and Cambodia.<br />

The launch also raised money for Dementia<br />

Australia, of which Holloway is a supporter.<br />

Contraceptive jewellery in the works<br />

Scientists have begun testing a new<br />

form of contraception: jewellery.<br />

Researchers from the Georgia Institute of<br />

Technology have developed a hormonecoated<br />

backing for jewellery including<br />

earrings, watches and rings, which can<br />

deliver doses high enough to prevent<br />

pregnancy through the skin.<br />

The method mimics nicotine patches and<br />

existing contraceptive patches, but on a<br />

much smaller scale. Scientists first tested<br />

the hormone backings on pigs before<br />

moving on to hairless rats.<br />

They used a 16 hours on, eight hours<br />

off cycle to mimic a woman taking her<br />

jewellery off before going to bed. “The more<br />

contraceptive options that are available,<br />

the more likely it is that the needs of<br />

individual women can be met,” said lead<br />

author Professor Mark Prausnitz. “Because<br />

putting on jewellery may already be part of<br />

a woman’s daily routine, this technique may<br />

facilitate compliance with the regimen.”<br />

While human trials are yet to begin, the<br />

initial positive results were published in the<br />

Journal Of Controlled Release.<br />

CIBJO president addresses OECD<br />

Addressing a forum of the Organisation for<br />

Economic Co-operation and Development<br />

(OECD) in Paris last month, CIBJO president<br />

Gaetano Cavalieri discussed the organisation’s<br />

plans to ensure responsible sourcing across<br />

jewellery, gemstone and precious metals.<br />

CIBJO released its Responsible Sourcing Blue<br />

Book in January this year, which references<br />

to the OECD’s Due Diligence Guidance<br />

for minerals from high-risk areas, and also<br />

promotes compliance with the Kimberley<br />

Process and the World Diamond Council<br />

System of Warranties.<br />

During his OECD speech, Cavalieri noted<br />

that the jewellery industry is largely operated<br />

by small-to-medium enterprises, which are<br />

frequently family owned and run and have<br />

limited resources.<br />

He noted that while awareness of responsible<br />

practices has grown among CIBJO members<br />

and the public over the past decade, the<br />

challenge was “meeting the requirements of<br />

a socially aware business community, while<br />

trying to protect the fabric of our industry”.<br />

As a result, the Blue Book was written so that<br />

all industry members ‘irrespective of size or<br />

financial capacity’ could apply its standards.<br />

CIBJO is also in the process of setting up a<br />

free online platform to educate members<br />

about due diligence.<br />

14 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


Partnering with<br />

Australian <strong>Jeweller</strong>s since 1951.<br />

Palloys, your partner for all things jewellery.<br />

Design. Printing. Casting. Finishing. Fabricated Metals. Findings. Refining.<br />

1300 886 108 AUSTRALIA WIDE<br />

palloys.com


FASHION WATCHES<br />

HEART & GRACE<br />

All in good<br />

FASHION WATCHES HAVE SEEN A METEORIC RISE IN<br />

POPULARITY IN THE LAST TEN YEARS. ARABELLA RODEN<br />

DISCOVERS WHAT MAKES THIS MARKET TICK<br />

ashion watches are best defined by what they’re not, rather than what<br />

they are. They aren’t concerned with the high-tech features of Japanese<br />

timepieces like Seiko or Citizen, nor do they embrace the app-enabled<br />

futurism of Apple and Samsung smartwatches. They lack the toughness<br />

of rugged Swiss brands like Luminox, Omega or Victorinox.<br />

It’s not about haute horlogerie either – while consumers of fashion watches might<br />

admire the elegance of a Rolex, Jaeger-LeCoultre or Patek Philippe, they won’t be<br />

keeping their timepiece in the family for generations; nor will they be spending<br />

upwards of $10,000.<br />

As it turns out, the fashion watch is not actually a watch at all – it’s an accessory.<br />

And in terms of price, design and esepcially marketing, it should be treated<br />

as such. Ranging from around $100 to $500, with accessories from around<br />

$50, fashion watches are more akin to designer sunglasses than they are to<br />

other timepieces.<br />

There’s no denying their appeal to younger consumers either. Jake Kassan, cofounder<br />

of US fashion watch company MVMT – which now has revenues of US$70<br />

million per year with 88 per cent of its customers under 35 – recently told the New<br />

York Times, “Watches have evolved. Our audience cares more about the style of a<br />

watch than its function.”<br />

He added, “The belief that traditional watches are relics of the past is false. Our<br />

consumers may not be the most formal in their attire, but they are very intentional.<br />

They think about what they wear, about what is on trend and up-to-date... A watch<br />

is their statement piece.”<br />

John Rose, managing director West End Collection – one of the leading suppliers<br />

of fashion watches in Australia and New Zealand, representing Olivia Burton, Paul<br />

Hewitt, Christian Paul, Bering and Ice-Watch among others – has a similar outlook.<br />

“Millennials see their watch as an expression of their personality, a fashion item,<br />

and will generally purchase a new watch every year or two,” he explains.<br />

This repeat purchase power gives fashion watches an edge for retailers. And while<br />

fashion watch brands tend to be as digitally savvy as their target market – with a<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 17


INSTYLE WATCHES<br />

WEST END COLLECTION<br />

strong social media and e-commerce strategy – there’s still a place for<br />

them in the traditional retail space.<br />

Like all watches, consumers often need to get a feel for a timepiece<br />

and try it on in person before they purchase. With many fashion<br />

watches designed to accommodate easily interchangeable<br />

wristbands and other customisable components, it’s all about<br />

the in-store experience.<br />

Dr Eloise Zoppos, senior research consultant and research fellow at<br />

Monash University’s Australian Consumer and Retail Studies unit, has<br />

found that bricks-and-mortar stores “still hold a special place in the<br />

hearts of Australian shoppers”.<br />

“The number of shoppers using physical stores has increased over the<br />

past four years,” she says. “In fact, from 2015 to 2018, the number of<br />

shoppers always using a physical store increased significantly from<br />

11 per cent to 21 per cent. This increase is thanks to our desire for a<br />

more sensory and social experience at physical stores – both of which<br />

can’t be replicated online.”<br />

Dr Zoppos adds, “Consumers today want a sensory experience<br />

where they can touch, feel and try on products, and they also want<br />

a social experience.”<br />

75 years of classic design –<br />

The Mondaine Swiss Railyway Watch<br />

Additionally, some retailers are combining in-store retail with<br />

e-commerce; ‘click and collect’ is one way to do this, as is ‘reserve in<br />

store’. “This provides customers with a completely integrated online<br />

booking platform that allows them to reserve an item in-store to try on<br />

within 24 hours,” Dr Zoppos explains. It’s a feature that works well for<br />

fashion watches, as well as jewellery pieces.<br />

Here, <strong>Jeweller</strong> takes a closer look at the fashion watch market and how<br />

retailers can take this category to the next level.<br />

HEY, GOOD LOOKING<br />

When it comes to fashion watches, image is everything – both in<br />

terms of how the watch itself looks and how it’s marketed.<br />

It’s a competitive sector driven by aesthetics, so design consistency<br />

and differentiation is key. Essentially, the appearance of the product<br />

should align across all channels both online and off-line, and stand out<br />

from other products in the same category.<br />

Proudly distributed by<br />

“The market has changed significantly,” says Phil Edwards, managing<br />

director of Duraflex Group Australia which distributes fashion<br />

watches including Thomas Sabo, JAG and Police. “There are more<br />

competitor brands now and customers are spoilt for choice.”<br />

02 9417 0177 | www.dgau.com.au


FASHION WATCHES<br />

Rose explains, “Each brand targets a different customer – for example, Olivia<br />

Burton targets a female-only audience. It only uses product and floral imagery in<br />

advertising and promotional materials, rather than a model or brand ambassador,<br />

because Olivia Burton watches appeal to all age groups and demographics.”<br />

While Olivia Burton focuses on florals, Paul Hewitt calls back to its Nordic heritage.<br />

Think Scandinavian minimalism – wide, solid faces with fine, slender metal hands –<br />

and subtle nautical themes like anchor-shaped hour markers.<br />

However, the brand also caters to its key demographic of Millennials, who are<br />

very aware of trends. As a result, rose gold, dark mauve and holographic details<br />

have played a role in recent collections. Paul Hewitt’s interchangeable straps are<br />

also similar to personalised jewellery in that they can be changed to suit a specific<br />

outfit or occasion – putting the ‘fashion’ in ‘fashion watch’.<br />

Cluse, which was founded in Amsterdam in 2013 and is distributed by Heart &<br />

Grace, defines itself by simplicity and femininity. Without numbered hour markers,<br />

Cluse designs show off the face of the watch, which is decorated with on-trend<br />

finishes like marbling, animal print and rose gold. Straps include everything from<br />

burgundy lizard to soft grey, changing the look and feel of the watch instantly.<br />

But more than just multiple straps, consumers also aim to buy multiple watches<br />

based on the season and rising trends. That’s where competitive pricing comes<br />

in. “The younger fashion watch buyer is more influenced by price,” says Rose.<br />

“Higher quality watches attract a slightly more mature customer, who is generally<br />

HEART & GRACE<br />

discerning about their purchase.” These watches tend to skew higher in price.<br />

A TOUCH OF LUXURY<br />

DURAFLEX<br />

Rachel Clay is an expert on the watch market and head of influencer marketing<br />

and social media at Matter Of Form in London. In contrast to fashion watch<br />

consumers, she says that “luxury consumers at the highest end are superpassionate<br />

about their watch purchases; they will likely be collectors with a love<br />

and respect for the timeless craftsmanship that goes into each timepiece. They<br />

view their purchases as investments and view collecting watches as a hobby.”<br />

These consumers tend to be older, wealthier, and willing to wait years – and even<br />

Christian Paul<br />

SYDNEY


INSTYLE WATCHES<br />

DURAFLEX<br />

SAMS GROUP<br />

AUSTRALIA<br />

PinkKimberley.com.au<br />

E pink@samsgroup.com.au<br />

W samsgroup.com.au<br />

P 02 9290 2199<br />

undergo an application process – in order to<br />

purchase a watch. The design stays the same<br />

not just season to season, but generation to<br />

generation. Heritage and tradition are the<br />

selling points.<br />

The fashion watch market couldn’t be more<br />

different. It’s all about younger consumers<br />

and the convenience they expect in every<br />

form of retail. Trends straight from the<br />

catwalk, and increasingly from social media,<br />

are featured in the collections, which are<br />

released several times per year – nearly as<br />

frequently as they are purchased.<br />

But as opposite as the two markets seem to<br />

be, they hold some things in common.<br />

Some of the most well-known fashion watch<br />

brands – like Daniel Wellington, Olivia Burton<br />

and Christian Paul – have a vintage appeal,<br />

despite being founded within the last five to<br />

ten years.<br />

They frequently claim inspiration from refined<br />

European travellers, exotic locations like<br />

Cuba, and antiques found at quaint English<br />

markets, calling back to the romantic heritage<br />

of timepieces without actually having those<br />

years of history behind them. Millennials are<br />

noted for their nostalgia and love of travel,<br />

which perhaps explains these elements in<br />

constructing the ‘story’ of the products.<br />

There’s also a sense of quality in the design,<br />

with classic elements like Roman numerals,<br />

leather or fine-chain metal straps, and subtle<br />

logos giving these pieces everyday elegance.<br />

Pierre Cardin, distributed by InStyle Watches,<br />

takes a similarly timeless approach – although<br />

these watches have a genuine history, being<br />

associated with the French fashion designer<br />

of the same name. The timepieces offer a slice<br />

of designer luxury, incorporating the likes of<br />

Australian opal, mother of pearl and crystal<br />

into the design, at an affordable price point.<br />

Thomas Sabo watches also have a glamorous<br />

feel, targeting a slightly higher price point<br />

between $350 and $850. The designs<br />

complement Thomas Sabo jewellery and<br />

come in a wide variety of styles and finishes.<br />

In retail terms, that sense of ‘light luxury’<br />

as well as emotion and romance are great<br />

selling points.<br />

Dr Zoppos notes that “many consumers will<br />

seek a luxe experience without the luxury<br />

price tag, and also continue to complement<br />

their (mostly) High Street apparel and<br />

accessories with luxury high-end items.”<br />

For retail jewellers selling fashion watches, this<br />

presents the perfect opportunity to combine<br />

a mid-priced timepiece with complementary<br />

jewellery, such as bracelets, rings and cuffs.<br />

FROM LIKES TO BUYS<br />

Like luxury timepieces, consumers also<br />

love to show off their fashion watches by<br />

snapping photos to share with friends, family<br />

and followers online.<br />

The role of social media in fashion watch<br />

marketing can’t be overstated; it’s been the<br />

cornerstone of multiple companies, as this<br />

product category has matured at the same<br />

time as the explosion of its ideal marketing<br />

partner: Instagram. “For the younger<br />

generation, Instagram is the new Westfield –<br />

consumers look to Instagram to be inspired,<br />

informed and to shop,” says Edwards.<br />

In order to appeal to their target consumers,


fashion watch companies must be digitally engaged. The same holds<br />

true for the retailers who sell them.<br />

According to Dr Zoppos, consistency is key. “Retailers need to ensure<br />

that their physical and digital shopping channels complement each<br />

other and offer consumers a cohesive shopping experience. In doing<br />

so, it’s key that retailers understand exactly how consumers engage<br />

with each platform.”<br />

Clay has some succinct advice for those diving into Instagram. “We<br />

are educating all our clients that Instagram profiles are the new<br />

websites. Even up to a couple of years ago, if a consumer or brand<br />

fan wanted to know more about a product, they would Google it<br />

and go straight to the company’s website. Nowadays, they will more<br />

commonly search on Instagram first, and go straight to the company’s<br />

profile page – making the Instagram profile the first touch-point.”<br />

Indeed, the app has become a powerful tool for both brands and<br />

retailers to interact with their customers and drive sales – particularly<br />

with younger shoppers. Nearly three-quarters of Instagram users are<br />

under the age of 35 and 80 per cent follow at least one business. Even<br />

better, 75 per cent of users take action via Instagram – meaning they<br />

will click through a good-looking, shoppable post to the website<br />

where they can buy the product.<br />

When it comes to fashion watches, this form of social media works<br />

like an interactive catalogue. Retailers should post high quality images<br />

of fashion watches and always use the associated brand hashtags<br />

to boost traffic and sales through the Instagram platform, as well as<br />

making sure links to their online shop are visible and easily clicked.<br />

“With Instagram currently trialling in-app purchases in the US with 23<br />

brands, there is increasingly less difference in functionality between<br />

what you can do on an Instagram profile and what you can do on<br />

a website: you can showcase your full collection and also manage<br />

customer service,” Clay says.<br />

“Therefore Instagram profiles now need to be considered as a key<br />

online destination and branded with beautiful high-quality content,<br />

be well managed with a smart use of highlight albums to replicate<br />

website structure, and be super interactive,” she adds.<br />

Alongside how easy it is to display and shop for products, the other<br />

advantage of Instagram is the<br />

users themselves: influencers,<br />

who shape the taste and<br />

purchasing habits of their<br />

followers.<br />

Official Partner of ICE-SAR,<br />

the Icelandic Association for<br />

Search and Rescue.<br />

Discover the Arctic 1000 Series.<br />

More at www.luminox.com<br />

WEST END COLLECTION<br />

AN INFLUENCER ADVERTISES PAUL<br />

HEWITT THROUGH INSTAGRAM<br />

Now the proud distributors of Luminox timepieces<br />

02 9417 0177 | www.dgau.com.au


Cluse has attributed much of its success to social media, harnessing<br />

the power of European influencers. It may seem shallow, but<br />

partnering with highly engaged accounts with relevant audiences is<br />

one of the most useful tools in boosting product sales – and building<br />

brand loyalty. Clay calls it “the most powerful form of marketing for<br />

almost all sectors, and particularly fashion and accessories”.<br />

While luxury watch brands frequently partner with celebrity<br />

ambassadors, having a famous face attached doesn’t always translate<br />

to better recognition from consumers.<br />

Meanwhile, far from being household names, influencers have an<br />

undeniable power to boost fashion watch brands in the digital realm<br />

and increase sales. Put simply, to consumers influencers feel like real<br />

people rather than stars being paid to endorse a product.<br />

“Influencers offer key advantages over celebrities – most importantly,<br />

they offer peer-to-peer marketing to a self-selected, democratic<br />

audience who choose to follow them and engage with their content.<br />

The psychology as to why influencer marketing works is simple:<br />

people trust people more than they trust brands,” Clay explains.<br />

One of the first fashion watch companies to embrace the influencer<br />

trend was Swedish brand Daniel Wellington, which was founded in<br />

2011 – shortly after Instagram itself. Retailers were able to capitalise<br />

on Daniel Wellington’s growing social media presence, as it increased<br />

curiosity and demand for the watches off-line as well as online.<br />

The strategy was simple, Clay says. “There was no creative, long-term<br />

narrative to the campaign; instead influencers were gifted product<br />

in exchange for space on their feeds. At this time, when Daniel<br />

Wellington began, influencer marketing was in its infancy, which<br />

allowed the strategy to work. Nowadays, the industry has evolved.”<br />

New collections<br />

‘Bohemian Dream’, ‘Fringe Appeal’<br />

and ‘Mineral Glow’ now available<br />

with more releases coming soon<br />

Proudly distributed by<br />

Rose notes this evolution in strategy, revealing, “West End Collection<br />

has an in-house marketing team who focus a great deal of attention<br />

on social media marketing. We work with over 200 Australian and<br />

New Zealand-based influencers with a combined reach of over 8<br />

million followers. We recently hosted influencer events in Sydney<br />

and Melbourne for Paul Hewitt, which was attended by high profile<br />

influencers such as Belle Lucia, Taleisha Bonora and Kristina Mendonca.”<br />

For retailers, it’s important to note that influencer content falls under<br />

copyright so cannot be reposted without permission. However, if<br />

brands have built strong social media partnerships, the consumer will<br />

seek out the product in person.<br />

There’s also nothing stopping retailers from building their own<br />

interactive community of followers; encouraging customers to post<br />

photos of themselves wearing their new fashion watch is a good place<br />

to start, ensuring they ‘tag’ the retailer and the brand, and use the<br />

retailer’s own hashtag in the caption.<br />

Whether online or offline, fashion watches have built a strong niche<br />

and a loyal consumer base through appealing design, competitive<br />

pricing and savvy marketing. i<br />

02 9417 0177 | www.dgau.com.au


CASTING REPORT<br />

casting<br />

AND<br />

refining<br />

continues to evolve<br />

WITH NEW TECHNOLOGY<br />

AND AN EMPHASIS ON<br />

CLEANER, GREENER AND MORE<br />

ECONOMICAL PRACTICES,<br />

ARABELLA RODEN DISCOVERS<br />

THE CASTING AND REFINING<br />

INDUSTRY IS IMPROVING<br />

EFFICIENCY ALL THE TIME<br />

hen it comes to casting and refining, technology is at the forefront.<br />

When <strong>Jeweller</strong> last reviewed the category 2017, the breakthroughs<br />

were focused on precious metal chemistry and new alloys, as well<br />

as the rise of 3D printing and CAD/CAM, induction melt pressure<br />

casting and acid-less separation (ALS).<br />

Today, the same themes are carrying through, with an added emphasis on faster,<br />

more efficient and – notably – more environmentally conscious processes.<br />

Chris Botha, operations manager jewellery division at Pallion, which is the parent<br />

company of custom jewellery manufacturing business Palloys, points to the<br />

use of “environmentally friendly precious metal that is responsibly sourced from<br />

guaranteed conflict-free areas”.<br />

In terms of technology, he cites Pallion’s use of ALS to refine precious metals,<br />

calling it “the most technologically advanced, environmentally-sound, non-toxic<br />

refining separation process that exists today”.<br />

Chemgold is equally committed to the environment. As well as utilising all<br />

available recycling techniques, the company has imported state-of-the-art<br />

PALLION<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 23


CASTING REPORT<br />

furnaces from Japan and Germany, which then feed into a non-pollution exhaust<br />

system equipped with an advanced after-burner.<br />

New technologies surrounding ‘green’ or eco-friendly manufacturing processes is<br />

a major focus of local suppliers, with all making major investments in this area.<br />

The benefits of these improved processes – as well as steps like preventing<br />

packaging waste with biodegradable options, and reducing energy through solar<br />

power and more efficient machinery – are not only good for the planet, they also<br />

make economic sense.<br />

CAST, PRESENT AND FUTURE<br />

Add Rapid to your Bench.<br />

There are two major developments in the casting sector. By far the biggest has<br />

been the increasing prominence of 3D printing, and by extension CAD/CAM. The<br />

Are you looking for a professional, reliable,<br />

fully trackable casting company?<br />

major driver has been the significant fall in cost, leading manufacturing jewellers<br />

to embrace them as part of the production process.<br />

Add Rapid to CHEMGOLD<br />

your Bench.<br />

Ben Farago, production manager Rapid Casting, says, “We have gone from<br />

jewellers staring wide-eyed at the mention of 3D printing to it being common<br />

to have a low cost 3D printer in relatively small workshops,” adding that it’s now<br />

a prevalent and sustainable part of the jewellery trade. “We have seen jewellers<br />

go from seeing 3D printing as almost a threat and something they needed to<br />

compete with, to being widely accepted.”<br />

Are you looking for a professional, reliable,<br />

fully trackable casting company?<br />

THE NITON XL2-100 USES XRF FOR METAL<br />

ANALYSIS. IMAGE: CHEMGOLD<br />

This presents a marked change from previous years and while some anticipated<br />

it would have a negative impact on printing volumes for casting houses, the<br />

opposite has proved true. The process of jewellery manufacture is now more<br />

integrated between jewellers and casting houses.<br />

Darren Sher, director Chemgold, explains: “The majority of jewellers that buy 3D<br />

printers use them to create a prototype to show their customer, or send the wax<br />

or resin to a reputable casting company such as Chemgold. Whilst the prices of<br />

3D printers are becoming less, so are print fees and most of our customers prefer<br />

to leave the casting to us to ensure its at the absolute highest quality, and so they<br />

don’t have to worry about other fees such as courier costs. Emailing a file takes a<br />

few seconds compared to processing, packaging and sending!”<br />

“Previously I predicted the cost of 3D printers would be below $1,000 within ten<br />

years – it happened in seven,” says Botha.<br />

It’s not just jewellers that have embraced this new technology, with Farago noting,<br />

“A few years back, casting companies wouldn’t even accept third party castable<br />

Add Add Rapid to your Bench.<br />

Bench.<br />

Traditional and Digital Casting Professionals!<br />

www.rapidcasting.com.au<br />

C A D<br />

From CAD to Cast<br />

IN 3 DAYS<br />

Instant online quoting<br />

Overnight printing<br />

Overnight casting<br />

Fastest job turnaround in Australia<br />

Are you looking for a professional, reliable,<br />

fully trackable casting company?<br />

Are you looking for a professional, reliable,<br />

fully trackable casting company?<br />

Traditional and Digital Casting Professionals!<br />

www.rapidcasting.com.au<br />

kable casting and jewellery CAD/CAM services. Visit our website for instant quotes and ordering.<br />

+61 2 9557 9468<br />

info@rapidcasting.com.au<br />

From CAD to Cast<br />

IN 3 DAYS<br />

Instant online quoting<br />

Overnight printing<br />

Overnight casting<br />

Fastest job turnaround in Australia<br />

Traditional and Digital Casting Professionals!<br />

www.rapidcasting.com.au<br />

®<br />

Trackable casting and jewellery CAD/CAM services. Visit our website for instant quotes and ordering.<br />

C A D<br />

From CAD to Cast<br />

IN 3 DAYS<br />

Instant online quoting<br />

+61 2 9557 9468<br />

info@rapidcasting.com.au<br />

®


Tradition meets Technology.<br />

Palloys. Your partner in all things jewellery.<br />

Design. Printing. Casting. Finishing. Fabricated Metals. Findings. Refining.<br />

1300 886 108 AUSTRALIA WIDE<br />

palloys.com


CASTING REPORT<br />

the multiple sprue tags, which George says cause additional clean-up time and<br />

lemel scrap.<br />

Botha agrees that printed wax has the edge as it casts more easily, with no support<br />

requirements. However, he points to the fact that the technology is extrusionbased,<br />

so wax prints tend to look rougher, at the same slicing profile, and need to<br />

be reduced – meaning it can take much longer for print cycles to complete.<br />

PALLION<br />

RAPID CASTING<br />

resins and if they did, they would take moulds from it, instead of changing<br />

their processes to try and burn the resin out. Today, most companies will generally<br />

use at least two different types of resin to print and cast from and will take<br />

on a number of others confidently knowing they can achieve good results<br />

casting them.”<br />

At Pallion, Botha says the volume of customer-printed material has “exponentially<br />

increased”, but while the cost of the printer itself is low, the labour and technical<br />

nature of getting a good print remains a learning curve, and manufacturing<br />

jewellers still have a financial incentive to use casting houses.<br />

“The largest cost centre for 3D printing is still the labour in running the CAD<br />

printer. In that regard, it’s not as simple or as time efficient as, say a photocopier.<br />

Many clients realise that for a small outlay they can outsource this function to a<br />

partner with a large printing capacity and keep their overall running costs low.”<br />

However, the process is not quite seamless. Burning out resin can be<br />

unpredictable, with Farago noting that Rapid Casting has had to “re-evaluate how<br />

the casting process works and slowly tweak and modify it”.<br />

Grant George, operations manager at Morris & Watson Group in New Zealand,<br />

has more than 30 years of experience in casting and says one solution his team<br />

has put in place is a rotating burnout furnace. “The latest models of control and<br />

the concept of the slow rotating air movement and differing positions of the<br />

flasks is crucial to managing difficult burnouts, like resins,” he says, adding that the<br />

machinery comes with an attractive green feature, it’s after-burner.<br />

Another upgrade at Morris & Watson has been the Projet 2500W CAD printer –<br />

which he calls the “one technical advance that stands heads above any other”,<br />

pointing to its “amazing advantages in quality, speed and efficiency”.<br />

Speaking of wax, while there’s consensus over the benefits of 3D printers, there’s<br />

more debate over the best material to use for creating cast prints – wax or resin?<br />

The advantage of resin is its ability to produce the best resolution from CAD<br />

for suitable designs, and therefore the best surface finish. However, Sher notes<br />

the reason resin may not always be suitable is it requires the printed parts to be<br />

supported by extra structures printed in the same material.<br />

“In certain cases the amount of extra structures supporting the part could make<br />

the cleaning very complex or alter the geometry of the parts. In these instances,<br />

the designs would be printed in traditional wax,” Sher explains.<br />

George sees even more drawbacks to using resin. Although the material has<br />

made “sizeable advances in castability” and come down in price, he says it “still<br />

can’t match the reliability and quality of the right wax printer”. It comes down to<br />

Yet wax, after sanding, beats resin’s divots and pips created by supporting, with<br />

Botha saying clients tend to insist on wax for general work, and resin “only for high<br />

finish parts”. “From a casting perspective, even the best resins are prone to casting<br />

issues as the parts get larger, and most large parts will be wax printed to ensure a<br />

good result,” he adds.<br />

Farago sees the pros and cons, saying that while resin printers will generally print<br />

smoother parts, they will be slightly inaccurate.<br />

“Resin can be problematic to cast and give inconsistent results but is generally<br />

quite solid material – easy to handle and work with. Wax, on the other hand will be<br />

very accurate which will make it seem like a bit of a rougher print as the digitising<br />

of the print process shows. It will cast consistently each time, but it is very fragile.”<br />

“FROM A CASTING PERSPECTIVE, EVEN THE<br />

BEST RESINS ARE PRONE TO CASTING ISSUES<br />

AS THE PARTS GET LARGER, AND MOST LARGE<br />

PARTS WILL BE WAX PRINTED TO ENSURE A<br />

GOOD RESULT.”<br />

Looking to the future, laser sintering and direct metal printing may well be<br />

possible but currently not commercially viable. Sher calls it “fantastic new<br />

technology” but cautions that the machines are still too expensive to run and the<br />

quality is not at the standards required.<br />

REFINING, REDEFINED<br />

CHRIS BOTHA, PALLION<br />

Refining technology has also been made more energy efficient, safer and cheaper<br />

by using more durable and accessible materials and electronics. In this sector,<br />

there’s an intersection between ‘green’ initiatives and economic decisions.<br />

“Traditional machinery has vastly improved and Palloys customers have been<br />

the beneficiary of that new machinery as part of our commitment to being a<br />

technological leader,” says Botha.<br />

The company does not use the traditional chemical processes, which involve acid<br />

or chlorine to refine gold and silver, but instead relies on vacuum pumps and<br />

chambers to separate gold from other metals. It’s claimed that ALS can achieve<br />

99.5 per cent pure gold with no chemical emissions, which means it’s safer for<br />

employees as well as the environment.<br />

Chemgold has moved towards non-destructive x-ray fluorescence (XRF) analysis,<br />

replacing some of the need for fire assay, which produces lead waste. XRF works<br />

by bombarding a sample with x-rays and using a spectrometer to determine the<br />

elements present based on their reaction.<br />

Meanwhile, Rapid Casting’s Farago says: “When it comes to the<br />

environment, we are on par with the industry standard and regulations.<br />

Anything that gets burnt out of a flask has to be captured and filtered<br />

26 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


so you don’t put the environment, the public or your employees at risk.”<br />

Morris & Watson, too, holds environmental sustainability is a core value. “Every<br />

green initiative we have undertaken over the years has repaid us many times over<br />

via reduced production costs and higher yield returns,” says George. “For example<br />

our filter press and water recycle programs have ensured substantial reduction<br />

in water rates and acid removal costs along with a double check on any precious<br />

metal content of the spent acid.”<br />

Chemgold takes an extra step, ensuring all slurry waste is filtered so it doesn’t end<br />

up in the sewerage system. This waste is then collected and treated by a specialist<br />

environmentally friendly company.<br />

Across both the casting and refining industries, reducing packaging waste with<br />

biodegradable options is becoming mainstream, as is becoming energy conscious<br />

by upgrading to newer, more efficient plants powered by renewables like solar.<br />

Botha says there is an “emphasis on environmentally friendly precious metal that is<br />

responsibly sourced from guaranteed conflict free areas.”<br />

To ensure its supply chain is as ethical as possible, Botha says that Palloys sources<br />

from its sister company, ABC Refinery, which is accredited by the London Bullion<br />

Market Association (LBMA) and the Shanghai Gold Exchange (SGE). “This has a<br />

major benefit that no other precious metals group in Australia can offer,” says<br />

Botha. “All Palloys precious metals comply with the strictest of sourcing controls<br />

that guarantee our metals are responsibly sourced and conflict free.”<br />

MORRIS & WATSON GROUP<br />

Chemgold also has an ethical approach to gold, stating that it sources from its own<br />

refinery, Australian mines and reputed dealers locally and in Europe. The company<br />

also uses all current recycling methods available on the market. Additionally, the<br />

company uses steam dewaxing – removing wax by pouring boiling water into a<br />

steam chamber before loading flasks into the furnaces – in order to maintain a low<br />

impact on the environment.<br />

While the casting and refining may be an environmentally intensive part of<br />

creating jewellery, this is an industry that is not only improving in the present, but<br />

actively looking to the future to meet the expectations, demands and necessities<br />

of tomorrow.. i<br />

CASTING<br />

Waxes Supplied<br />

New Models<br />

3D Printing<br />

Custom Design<br />

Finishing<br />

One Stop<br />

Casting & Refining<br />

REFINING<br />

Integrity, Speed & High Returns<br />

Scrap, Lemel & Sweep<br />

Flexible Return Options<br />

Quick Cash for Clean Scrap<br />

Contact Chemgold to Experience<br />

Exceptional Quality, Service & Reliability<br />

1300 984 751<br />

sales@chemgold.com<br />

www.chemgold.com


SWISS WATCHES<br />

A NEW DIRECTION FOR<br />

Baselworld<br />

NOW IN ITS 102ND YEAR, BASELWORLD IS – DESPITE THE DOUBTERS – STILL SETTING<br />

THE PACE AS THE HEART OF THE LUXURY WATCH INDUSTRY, WRITES MARTIN FOSTER<br />

nother Baselworld has come and gone in the midst of a torrent of<br />

industry speculation about its very survival.<br />

The show is navigating the shifting sands of evolution with its<br />

raison d’être under global scrutiny; it is enduring a fractured and<br />

partisan review of what it stands for, while the possibilities and outcomes of<br />

change are imperfectly understood.<br />

First and foremost, Baselworld is a trade show and the most important one for<br />

the watch industry. It’s where brands, buyers and the press congregate for a<br />

week to review the new products and give them the publicity they (mostly)<br />

richly deserve – even if some of the brand’s policies are a bit ungracious to those<br />

global resellers who have served them well over many years.<br />

It provides the only real opportunity to see the finest of Swiss production sideby-side<br />

with the quality and volume production from Europe, China and the rest<br />

of the world.<br />

And as it happens, the <strong>2019</strong> winnowing of the exhibitors – numbers were down<br />

20 per cent on 2018 – has produced a tighter and more manageable show.<br />

Eric Bertrand, president of the Exhibitors’ Committee, said, “This year’s event<br />

marks a fresh start for exhibitors, visitors and journalists.”<br />

Bertrand is convinced that Baselworld will remain the world’s most important<br />

meeting place for its industries, covering all categories from watches and<br />

jewellery to gemstones and precious metals. “Digital platforms cannot take the<br />

place of a physical trade show,” he added.<br />

At a subsequent panel discussion, Chopard’s CEO Karl-Friedrich Scheufele<br />

echoed his point, saying, “Baselworld has done its homework. We are heading in<br />

the right direction. A personal encounter cannot be replaced by digital formats.”<br />

Patek Philippe’s president Thierry Stern added, “I have a feeling that this will be a<br />

good edition. Business is picking up.”<br />

Jean-Daniel Pasche, president of the Federation of the Swiss Watch Industry FH,<br />

was also optimistic about the future – and based his optimism on solid data,<br />

revealing, “The Swiss watch industry’s exports increased 6.3 per cent in 2018. This<br />

is likely to exert a positive impact on the trade show.”<br />

However, there are many deep-seated problems that need to be faced<br />

by Baselworld’s organisers – and it will take time, money and patience<br />

from all the parties participating in this annual event, not to mention<br />

28 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


flexibility, informed debate and the support of the press.<br />

Following the loss of Swatch last year, special diplomacy will be needed to hold<br />

the loyalty of the majors of Hall 1.0 – Rolex, Patek Philippe, Chopard and the<br />

LVMH group (Bulgari, TAG Heuer, Hublot and Zenith).<br />

If any of them even blink then the ongoing prospects for Baselworld will be<br />

dramatically compromised.<br />

Still, the most intractable issues are cultural, with a significant dose of political<br />

intransigence from competing Swiss interests. Baselworld 2020 will commence<br />

on 30 April 2020, immediately after the Salon International de la Haute<br />

Horlogerie (SIHH) Geneva Salon.<br />

This is a superficial move toward unity, but it will take more than playing with<br />

diary dates for the politics to recede, as they should have done 20 years ago.<br />

In stark contrast to the SIHH, Baselworld is actively promoting the public<br />

relations exposure of its exhibitors. Management properly recognises that<br />

supporting press representatives – 3,300 of which attended the show in <strong>2019</strong> –<br />

has been an integral part of the promotional scenario over many years.<br />

It’s part of the reason why trade shows exist at all, and why brands decide to<br />

exhibit at them.<br />

In contrast, SIHH has embraced what some have called a ‘film-set<br />

pretentiousness’, with the construction and deconstruction of its Carré des<br />

Horlogers – once a compelling talking point and publicity tool which is now<br />

inflating exhibitor costs far above the equivalent exposure.<br />

Even in these depressed times, Baselworld still represents more than 15 times<br />

the exhibitors as SIHH; aligning its dates could lead to defections back to the<br />

larger show, and at the very least will make the Geneva Salon look like a minor<br />

distraction before the main event.<br />

SIHH – which split from Baselworld in 1991 – would be well served by forgetting<br />

the original tiff. There are now empty halls in Basel begging for a useful occupant<br />

– and what a wonderful opportunity to slash exhibitor costs!<br />

Speaking of which, the commercial interests in Basel and the MCH Baselworld<br />

“Double Your Return<br />

- GUARANTEED”<br />

Do You Fear Your <strong>Jeweller</strong>y Business <strong>May</strong> Be in the Cross-Hairs of Your<br />

Bigger/Better Organised Competitors, - Set to Destroy Your Profits,<br />

Crush Your Income and Your Business?<br />

double your profits & transform your jewellery business<br />

- and which ones are guaranteed to drain your profits,<br />

jeopardize your company and squash your future.<br />

successfully implemented in over 350 markets<br />

worldwide, quickly but thoroughly analyses up to<br />

42 apects of your business and marketing then<br />

identifies which ones can most easily<br />

Of Course, Many Businesses Are NOT Suitable<br />

For This Technology. . .<br />

To Learn More and Find Out if Your Business<br />

Qualifies Be One of the Next 30 People to<br />

Get Your<br />

at<br />

www.<strong>Jeweller</strong>yProfits.com


SWISS WATCHES<br />

Australia’s leading RTO run by jewellers for<br />

jewellers!<br />

management need to seriously address price gouging in the city’s<br />

hotels and restaurants before anybody will believe there is a new<br />

outlook and recovery prospect for the trade show.<br />

For decades, Baselworld has been taken for granted as a local cash<br />

cow by the city – population less than 200,000 – and the visitors to<br />

Basel have taken it on the chin because they had no choice.<br />

In a brave – if perhaps overdue – move, the MCH attempted to<br />

address the price gouging in <strong>2019</strong> but with ho-hum results. Put<br />

simply, it did not get taken seriously.<br />

Despite these issues, there are still very strong reasons why<br />

Baselworld should survive the current turmoil. The task of<br />

restructuring falls to Michel Loris-Melikoff, the new managing<br />

director of Baselworld, who has proposed a three-year timeframe for<br />

the rejuvenation of the show.<br />

Loris-Melikoff has introduced himself as a watch industry novice, but<br />

carries with him many years of experience in event planning and<br />

implementation.<br />

South Australia - leaders in<br />

jewellery education and training<br />

JEWELLERY MANUFACTURE<br />

SILVERSMITHING<br />

6 WEEKS - JUST THE BASICS<br />

APPRENTICESHIPS PROGRAMS<br />

NOVICE COURSES<br />

FULL TIME AND TAILORED TRAINING<br />

Learn from a Master <strong>Jeweller</strong> and realise<br />

your potential<br />

Enrol now with<br />

AJMD for all your<br />

jewellery training<br />

needs.<br />

Fortunately, we know from years of history that if the event is<br />

sympathetically managed, the industry participants will certainly do<br />

the rest.<br />

The changes needed have nothing to do with dividends to MCH<br />

shareholders, and everything to do with the high standing of the<br />

Swiss luxury industry with the cashed-up buyers of the world.<br />

It is only through this industry recognition that there is support for<br />

some of the astronomic sums buyers will pay for watches made with<br />

quality, history and style.<br />

Would a buyer be more likely to spend say, $50,000 on a high-class<br />

watch made in South Asia, or one made in Switzerland? Yet, the<br />

Swiss are under much closer scrutiny these days – and not always<br />

with positive outcomes. ‘Made in Switzerland’ used to represent<br />

exceptional design, trust and value. Does it represent this today?<br />

In a world beset by Cold War-esque posturing, corruption and<br />

mistrust, the coming years may produce another round of caution,<br />

with buyers bypassing luxury timepieces.<br />

There are also distortions in the market that make long-term<br />

assessments a bit pointless – for example, Brexit uncertainty has<br />

produced significant forward ordering from UK resellers, as they have<br />

reason to believe prices will spike if the political divorce is achieved.<br />

But when will that happen, and in what form?<br />

For many reasons it is important that Baselworld’s reconstruction –<br />

its ‘Phoenix Moment’ – is successful, as many smaller brands rely on it<br />

for taking orders for their yearly production programme.<br />

It will take strength and determination to address the depths of the<br />

problems, and we have to hope that Loris-Melikoff is the right man<br />

for the job. i<br />

1800MINRES<br />

www.minres.com.au<br />

MARTIN FOSTER is a freelance journalist and<br />

<strong>Jeweller</strong>’s resident watch ‘guru’. Based in Sydney, Martin<br />

attends major international exhibitions covering the<br />

watch and timepieces categories.


BANGKOK REPORT<br />

Thailand’s time to<br />

shine<br />

THE THAI GEMS AND JEWELLERY INDUSTRY IS EXPECTING GROWTH DESPITE AN<br />

INTERNATIONAL ECONOMIC SLOWDOWN. COLEBY NICHOLSON REPORTS<br />

here’s positive news for the Thai gems and jewellery industry following<br />

last month’s Bangkok Gems and <strong>Jeweller</strong>y Fair (BGJF) which, according<br />

the organiser, boasted more than 14,000 visitors from 118 countries.<br />

This represented an increase of 5.4 per cent over the 2018 event.<br />

Banjongjitt Angsusingh, director-general of the International Trade Promotion<br />

Department, said the fair “experienced great success, with sales generated at the<br />

event totalling more than 2 billion baht (AU$87.7 million).”<br />

She said the department remains positive that overall gem and jewellery<br />

shipments (including gold) will increase by 1–3 per cent this year from last year’s<br />

US$2 billion, which was an increase of 4.7 per cent from 2017.<br />

A post-Fair report stated that the trade generated at the BGJF was nearly 2.1<br />

billion baht, with immediate sales worth 700 million baht (AU$30.7 million), up<br />

85.2 percent compared to the February 2018 fair, while public days saw sales of<br />

approximately 360 million baht (AU$15.8 million).<br />

Chutima Boonyaprapatsorn, Thailand’s Deputy Commerce Minister, added that in<br />

the past year, Thai exports of gems and jewellery have been expanding in almost<br />

all markets.<br />

“Last year, export of gems and jewellery products excluding unwrought gold was<br />

worth US$7.6 billion, up 6.96 per cent, with high-growth products including gold<br />

jewellery, silver jewellery, imitation jewellery, and diamonds,” she said.<br />

Unsurprisingly, the products with the highest value of trade at the fair were<br />

gemstones, followed by fine jewellery, silver jewellery, machinery, and gold<br />

jewellery, respectively.<br />

The Thai jewellery industry is recognised for its intricate craftsmanship as well as<br />

high-quality production, which has led Thailand to be recognised worldwide as<br />

one of the world’s gem and jewellery hubs.<br />

This craftsmanship-style approach was evident to first-time fair visitor Helen<br />

Thompson-Carter, director Fabuleux Vous.<br />

“Thailand promotes itself with an ‘artisan’ approach to their jewellery craft,<br />

embracing tradition and use of ‘magic hands’ to deliver fine jewellery – versus the<br />

mass-machine production that we see from countries such as China,” the New<br />

Zealand-based supplier said.<br />

“The future of the Bangkok fair was often questioned, but by all accounts it does<br />

have a future,” Thompson-Carter added. “Like most international exhibitions,<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 31


SAMS GROUP<br />

AUSTRALIA<br />

Precious Gemstone & Diamond Set <strong>Jeweller</strong>y<br />

Ruby, Sapphire, Paraiba & Emerald with Argyle Pink Diamonds<br />

A delicious range of natural precious gemstone<br />

jewellery set with sparkling white diamonds,<br />

available in every colour of the rainbow!<br />

Beautifully crafted in 18ct gold.<br />

E pink@samsgroup.com.au<br />

W samsgroup.com.au<br />

P 02 9290 2199<br />

especially in the jewellery industry, the<br />

challenge is enticing the exhibitor and then<br />

the visitors! It’s no different to what we<br />

experience in New Zealand and Australia.”<br />

Thompson-Carter noted that the Thai<br />

jewellery and gem industry is the country’s<br />

third largest export sector, employing 1.2<br />

million people.<br />

“The ASEAN countries are growing stronger<br />

together and there is economic confidence<br />

that the jewellery industry will continue<br />

to grow and thrive. While one in three<br />

diamonds are polished in India, the majority<br />

of the jewellery setting is done in Thailand,”<br />

she added.<br />

Her aim in visiting the fair was for “pure craft<br />

and workmanship; to see different products<br />

and styles and to see design and individuality<br />

– and I found it all. I loved my Bangkok Fair<br />

experience and definitely have it on the<br />

radar for 2020.”<br />

Brendan McCreesh, director O’Neils Affiliated,<br />

is a frequent visitor to the Bangkok show and<br />

attends at least one of the two fairs each year,<br />

depending on how the dates align with the<br />

Hong Kong <strong>Jeweller</strong>y Fair.<br />

“There are exhibitors, and visitors, who<br />

obviously can’t attend both [Bangkok and<br />

Hong Kong], which can sometimes affect<br />

the Thai show. That said, there were a few<br />

pleasant surprises this year and I met some<br />

interesting new suppliers.”<br />

McCreesh lists one of the benefits of Bangkok<br />

as the ability to travel to visit dealers and<br />

cutting factories directly.<br />

“Immersing ourselves in the world gemstone<br />

community and engaging in important<br />

conversations about quality, supply and<br />

demand is so important. A lot of it is about<br />

maintaining good relationships. We also do<br />

our best to source special, single pieces –<br />

often-crazy requests – for our customers.<br />

It’s frequently the case that a lot of shoe<br />

leather goes on a special request. An<br />

international show can be the only way<br />

to fulfil these orders.”<br />

One of the highlights for the local visitors<br />

this year was the arrival HRH Princess<br />

Sirivannavari Nariratana, who chaired the<br />

opening ceremony before visiting the gems<br />

and jewellery exhibitions to show support<br />

for manufacturers in the trade as well as to<br />

inspire a new generation of designers.<br />

One of the trademarks of the Thai jewellery<br />

shows is the promotion and attention given<br />

to up-and-coming designers. For example,<br />

The New Faces exhibition showcased<br />

products from 123 small and medium-sized<br />

manufacturers and designers from<br />

21 Thai provinces.<br />

The Niche Showcase featured five product<br />

groups: high jewellery (jewellery associated<br />

with royals), heritage and craftsmanship<br />

(jewellery representing arts and culture),<br />

spiritual power (jewellery of belief and<br />

opulence), luxe men (jewellery for men) and<br />

beyond jewellery (other lifestyle products<br />

with an emphasis on gems and jewellery<br />

materials).<br />

The <strong>Jeweller</strong>s & Innovation and Design<br />

Zone was another avenue for designers to<br />

present innovative products. According to<br />

the organiser, this area alone reported 120<br />

million baht (AU$5.3 million) in sales during<br />

the event.<br />

Of the more than 800 exhibitors occupying<br />

1,852 booths, 579 were Thai suppliers. i<br />

Coleby Nicholson attended the BGJF courtesy of<br />

the organiser, the Department of International<br />

Trade Promotion (DITP), Ministry of Commerce.


GEMS<br />

ORGANIC GEMS PART II: PEARLS<br />

pearls, and Pteria penguin pinkish pearls with<br />

the mabé shape.<br />

The iridescence of the nacre can create<br />

overtones of pink, green, purple or blue.<br />

While the perfectly spherical pearl is highly<br />

prized, each shape has its own beauty and<br />

suits particular jeweller settings. These shapes<br />

include button, oval, drop and baroque, as<br />

well as mabé, which is a pearl that is flattened<br />

on one side.<br />

Keshi pearls are a little surprise of nature and<br />

highly sought after due to their exquisite<br />

lustre and unique freeform shapes. These<br />

small baroque pearls are typically formed as<br />

by-products of pearl cultivation.<br />

Natural pearls are produced without any<br />

human intervention and are extremely rare,<br />

with almost all available pearls in the market<br />

today being cultured by man. Culturing<br />

involves ‘seeding’ live molluscs with a small<br />

shell bead, upon which the creature forms a<br />

nucleus and begins to secrete its nacre.<br />

Known as ‘The Queen of Gems’, pearls<br />

are our gems of the sea. These lustrous<br />

creations have been loved and admired<br />

throughout different cultures across<br />

thousands of years. This organic gem is<br />

produced within the soft tissue of certain<br />

species of molluscs and is found in a<br />

variety of hues and forms.<br />

Pearls are rounded concretions composed<br />

of calcium carbonate – specifically aragonite<br />

and calcite – and organic matrix, secreted<br />

from particular marine and freshwater<br />

molluscs. There are two kinds: nacreous and<br />

non-nacreous.<br />

The surface of a nacreous pearl is formed<br />

from thin layers of nacre, or mother-of- pearl,<br />

that are deposited as microscopic, tile-like<br />

crystals. The iridescence produced by a pearl’s<br />

nacre is caused by the diffraction of white<br />

light as it interacts with the arrangement of<br />

these aragonite crystals.<br />

Non-nacreous pearls may be produced by<br />

the pink or queen conch (Strombus gigas),<br />

the giant clam (Tridacna gigas) and several<br />

species of edible oyster. They do not display<br />

an iridescent surface. Instead, these pearls<br />

commonly have a porcelain-like appearance<br />

due to their calcite or mixed calciticaragonitic<br />

composition. They are still admired<br />

for their pale colours and lustrous surfaces<br />

and are used for both jewellery and art.<br />

The quality factors of a pearl may be<br />

broken down to: shape and size, body<br />

colour, iridescence, lustre and the presence<br />

and intensity of the ‘orient’ – a dramatic,<br />

multicoloured iridescent sheen.<br />

The body colour of a pearl is thought to be<br />

caused by organic pigments present in the<br />

matrix. The most familiar colours of nacreous<br />

pearls are white and cream. They may also<br />

be black, grey and silver. Pinctada maxima<br />

oysters tend to produce silver or champagne<br />

pearls, Pinctada margaritifera produce black<br />

A GEM THAT<br />

DOES NOT<br />

REQUIRE FURTHER<br />

POLISHING<br />

OR FACETING<br />

TO ENHANCE<br />

ITS BEAUTY, A<br />

PEARL IS SIMPLY<br />

PERFECTION IN ITS<br />

NATURAL FORM<br />

– THEIR DELICATE<br />

IRIDESCENT SHEEN<br />

IS CAPTIVATING<br />

Commercial production of cultured pearls<br />

began in the early 20th Century and has<br />

changed a great deal since. Whilst there is a<br />

level of control over the size and shape of<br />

the pearls cultivated, the mollusc is still very<br />

much in charge of the process, alongside the<br />

forces of nature.<br />

A gem that does not require further polishing<br />

or faceting to enhance its beauty, a pearl is<br />

simply perfection in its natural form. Their<br />

delicate iridescent sheen is captivating<br />

and can be enhanced by the presence of<br />

other gems or simply dazzle on its own.<br />

Beautiful as single spherical shapes, baroque<br />

forms or long strands, pearls are a classic<br />

jewellery staple. i<br />

STACEY LIM FGAA BA Design, is a qualified<br />

gemmologist and gemmology teacher/assistant.<br />

She is a jewellery designer, marketing manager<br />

and passionate communicator on gemmology.<br />

For information on gemstones, visit: gem.org.au<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 33


Behind every gemstone,<br />

there is a fascinating story<br />

waiting to delight clients<br />

around the world. Studying<br />

with GAA brings the<br />

expertise, networking and<br />

confidence to build a solid<br />

career in a multimilliondollar<br />

industry. Joining<br />

one of the most supportive<br />

and passionate professional<br />

communities of gemmologists<br />

in Australia was one of the<br />

best decision I ever made.<br />

Gina Barreto FGAA DipDT<br />

Gemmologist and Diamond Technologist<br />

Diamond<br />

Courses<br />

Practical Diamond Grading &<br />

Diploma in Diamond Technology<br />

Enrolments now open<br />

For more information<br />

1300 436 338<br />

learn@gem.org.au<br />

www.gem.org.au<br />

Be<br />

Confident<br />

Gem-Ed Australia<br />

ADELAIDE BRISBANE HOBART MELBOURNE PERTH SYDNEY<br />

Passionately educating the industry, gem enthusiasts<br />

and consumers about gemstones


BUSINESS<br />

LOGGING ON TO THE INTERNET OF THINGS<br />

The internet of things can offer insights<br />

into what customers really care<br />

about. CHRIS PETERSEN reveals how<br />

retailers can leverage this emerging<br />

technology sector for a more effective<br />

selling strategy.<br />

The ‘Internet of Things’ (IoT) has to go<br />

down as one of the worst-named product<br />

categories ever. A recent study indicated that<br />

79 per cent of consumers had no idea what<br />

IoT stands for or what it means; however, the<br />

path to purchase requires that retailers have<br />

some understanding of what it is and the<br />

opportunities it presents.<br />

According to Wikipedia, a British entrepreneur<br />

named Kevin Aston first coined the term<br />

Internet of Things in 1999 while working with<br />

radio-frequency identification devices.<br />

Hard to believe that there wasn’t another<br />

name but IoT seems to have emerged as the<br />

catch-all term to describe any object that can<br />

collect, share and transmit data.<br />

The IoT is a network of seemingly-everyday<br />

items like appliances, cars and even buildings<br />

that are connected to the internet. These<br />

devices can be connected in ‘smart grids’ to<br />

monitor a wide variety of machines<br />

and people.<br />

The result is that IoT devices can churn out<br />

a mountain of monitoring data, as well as<br />

creating a seamless experience for the user,<br />

group or business using them.<br />

Each IoT object is designed to work in concert<br />

with the others. For example, if a woman is<br />

returning home from work, her car could<br />

send a signal to her smart-home device,<br />

which would then set the air-conditioner to<br />

her preferred temperature so the house is<br />

cool when she steps inside.<br />

The garage door is also connected so it would<br />

know when she is arriving and open just as<br />

her car is pulling into the driveway.<br />

Enter smart jewellery. Combining society’s<br />

obsession with connectivity and style,<br />

smart jewellery refers to an assortment of<br />

rings, bracelets, necklaces and earrings that<br />

aim to improve health, productivity and<br />

communications, all while maintaining a<br />

fashion-first stance. The latest iterations are<br />

less gimmicky and more wearable, shattering<br />

STORIES MAKE<br />

PRODUCTS<br />

REAL AND<br />

RELEVANT TO<br />

CONSUMERS.<br />

WHEN<br />

CONSUMERS<br />

CAN’T SEE THE<br />

TECHNOLOGY<br />

OR FEATURES,<br />

THEY NEED TO<br />

SEE AND HEAR<br />

HOW IT THESE<br />

FEATURES ARE<br />

PERSONALLY<br />

RELEVANT<br />

the notion that they can’t be worn daily and<br />

making a strong case for the title of jewellery.<br />

The IoT also includes wearable ‘smart’<br />

jewellery, which combines society’s obsession<br />

with connectivity and style. Smart jewellery<br />

refers to an assortment of rings, bracelets,<br />

necklaces and earrings that aim to improve<br />

health, productivity and communications, all<br />

while maintaining a fashion-first stance. The<br />

latest iterations are less gimmicky and more<br />

wearable, shattering the notion that they can’t<br />

be worn daily and making a strong case for<br />

the title of jewellery.<br />

UNLIMITED POTENTIAL<br />

Estimates predict that there will be 25-billion<br />

IoT devices on this planet by 2020 – and this<br />

estimate may be conservative. All of these<br />

devices will be wirelessly connected to the<br />

Internet of Things, each transmitting data.<br />

There are untold uses for IoT and applications<br />

for every industry. Devices could monitor<br />

everything from manufacturing machines to<br />

planes and track the movement of products<br />

across every step of distribution.<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 35


BUSINESS<br />

IoT devices can also monitor critical health<br />

functions in wearers and alert them to<br />

visit the closest doctor in the event of an<br />

irregularity. Wearable IoT devices – wristbands<br />

and even clothing – can already track<br />

exercise, sleep patterns and even intimate<br />

moments if required.<br />

In Australia, Melbourne researcher and<br />

jewellery designer Leah Heiss has created<br />

a range of ‘diabetes jewellery’ which can<br />

painlessly monitor and administer insulin as<br />

well as the Smart Heart necklace to collect<br />

and transmit heart data for cardiac patients.<br />

The role of IoT in documenting the lives<br />

of consumers would seem to be a perfect<br />

opportunity for retailers yet selling IoT devices<br />

in retail stores has thus far been a challenge.<br />

Why? Well, most consumers simply aren’t<br />

aware of IoT.<br />

As IoT sensors are embedded into their<br />

respective devices and not easily seen,<br />

consumers might not even know their<br />

appliances are IoT capable. Unless consumers<br />

are wearing Fitbits or similar devices, they also<br />

rarely use any of the information coming out<br />

of their devices to improve their daily lives.<br />

THE CHALLENGE FOR RETAIL<br />

Recent surveys indicate that four out of<br />

five consumers don’t have an<br />

understanding of IoT or appreciate the<br />

value of owning an IoT device. These<br />

findings are remarkable because most<br />

consumers already own a device with IoT<br />

capability – smartphones, smart TVs and<br />

most recent cars, which usually integrate<br />

Bluetooth connectivity, online radio and<br />

navigation, if not web browsing.<br />

Wearable technology has become<br />

mainstream too but there remains great<br />

potential to expand this category. Consumers<br />

are naturally cautious about products like<br />

Google Home and Amazon Echo. Voice<br />

activation makes these devices easy to use<br />

but also plays into wariness that people have<br />

about being recorded.<br />

Indeed, concerns about privacy and who can<br />

access this personal data are at the forefront<br />

of consumers’ minds. This is something<br />

retailers should address.<br />

Consumers don’t have any perceived value<br />

of how IoT can benefit them. A considered<br />

purchase requires that the buyer sees<br />

personal value before spending a significant<br />

amount of money on an item.<br />

When it comes to IoT, factors such as price<br />

aren’t the barrier to purchase; the problem is<br />

that people just don’t see how these devices<br />

can satisfy their needs or requirements.<br />

The bottom line is that consumers don’t buy<br />

what they don’t know, use or trust.<br />

ENCOURAGING ADOPTION<br />

IoT could represent a significant<br />

retail opportunity if retailers can shift<br />

focus. Retailers are stuck in a legacy of<br />

merchandising and selling things but IoT is<br />

not about selling things at all.<br />

If retailers are going to crack the code<br />

on selling IoT, they need to change their<br />

behaviours with consumers. Today’s<br />

consumers aren’t buying objects just because<br />

they connect to the internet so IoT devices<br />

will not sell well unless retailers change the<br />

customer experience (CX).<br />

With all the other objects competing for a<br />

share of the consumer’s wallet, IoT has largely<br />

been a non-starter because consumers can’t<br />

‘see’ the features in action. hey can’t see<br />

the embedded IoT technology and they<br />

especially can’t see the personal value in their<br />

daily life. This is a tailor-made scenario for<br />

retailers and consumer brands to leverage CX.<br />

THE POWER OF STORIES<br />

Stories make products real and relevant<br />

to consumers. When consumers can’t see<br />

the technology or features, they need to<br />

see and hear how it these features are<br />

personally relevant.<br />

The ability to watch other consumers use IoT<br />

products and benefit from them would be an<br />

excellent place to start. Since the consumer<br />

journey starts online, the IoT benefits stories<br />

need to be there to showcase value and ease<br />

of use. Retailers should focus on terms like<br />

‘personal’ and ‘use’. Nothing sounds more<br />

impersonal than data and network talk.<br />

Consumers don’t care so much about what<br />

makes something work; they are interested<br />

in what the IoT device does for them, how<br />

it makes their life better. For example,<br />

consumers need to be able to see how they<br />

can check if their garage door is open after<br />

they leave the house with an IoT device.<br />

This is real, practical value that gives<br />

IT’S A PARADOX<br />

THAT ALL THIS<br />

CONNECTIVITY<br />

STILL REQUIRES A<br />

HUMAN TOUCH<br />

TO SELL IT. AN<br />

ACCENTURE<br />

STUDY FOUND<br />

THAT 83 PER<br />

CENT OF<br />

CONSUMERS<br />

WOULD RATHER<br />

WORK WITH A<br />

PERSON THAN<br />

GET DIGITAL HELP<br />

consumers peace of mind and can also save<br />

them a trip home. Part of the experience<br />

comes from allowing consumers to see,<br />

touch, feel and drive.IoT devices by their very<br />

nature must connect to networks and the<br />

internet. Consumers need to see how IoT<br />

devices work and connect.<br />

They also need to know how simple these<br />

devices are to use. One reason Fitbit stylewearables<br />

are being sold is that consumers<br />

can put one on for a test drive in store.<br />

Retailers must emphasise the ways in which<br />

devices can make life better. A refrigerator<br />

that can keep track of its contents is certainly<br />

a novelty but do shoppers really want the<br />

refrigerator to send a report or even place a<br />

grocery order?<br />

That’s a question for the individual but there<br />

are devices that everyone can appreciate.<br />

For example, show a customer how an IoT<br />

smart-home device can send them a text<br />

alert if there is an intruder or if there is smoke<br />

detected in the house and they’ll probably<br />

agree that alleviating safety concerns is of real<br />

value in their personal lives.<br />

It’s a paradox that all this connectivity<br />

still requires a human touch to sell it.<br />

An Accenture study found that 83 per cent<br />

of consumers would rather work with a<br />

person than get digital help. If that isn’t a<br />

case for the power of customer service in<br />

store then what is?<br />

In addition to floor staff, another<br />

differentiation opportunity is support after<br />

the sale. US appliance store Best Buy’s Geek<br />

Squad has created a very profitable enterprise<br />

offering technical support to customers on<br />

the phone and also in their homes. Why not<br />

expand to include IoT devices designed for<br />

smart homes and security?<br />

Today’s retailers have to be more than a<br />

source of the product – much more! The<br />

retailers who differentiate value via CX have<br />

boundless opportunities for both sales and<br />

service with the billions of IoT devices due to<br />

enter the market in the next few years. i<br />

CHRIS PETERSEN is<br />

founder and CEO of retail<br />

consultancy Integrated<br />

Marketing Solutions (IMS).<br />

imsresultscount.com<br />

36 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


SELLING<br />

HOW TO LOSE A SALE – BEFORE YOU GET IT<br />

IT’S SURPRISINGLY EASY TO LOSE A SALE. FROM INADEQUATE COMMUNICATION TO BAD TIMING, BRIAN JEFFREY EXPLORES<br />

THE COMMON PITFALLS, OVERSIGHTS AND MISTAKES SELLERS MAKE WHEN INTERACTING WITH PROSPECTIVE CLIENTS.<br />

It’s a shame but there are salespeople who<br />

are losing sales before they even have the<br />

chance to begin them.<br />

That’s right – sales staff are reaching into<br />

their holsters, pulling out their pistols<br />

and shooting themselves in the foot<br />

before they even have a chance to talk to<br />

their prospect.<br />

SLOW OFF THE MARK<br />

A slow reaction time can annoy a prospect<br />

even at the very beginning of a sales pitch.<br />

As a case in point, I recently decided to enlist<br />

a company to revamp my website – to give it<br />

a face-lift, so to speak.<br />

I couldn’t do it myself because I have the<br />

creativity of a pebble. I also don’t speak or<br />

understand HTML, the language of the web.<br />

I contacted a couple of recommended web<br />

designers and waited for them to call me<br />

and here’s where my problem began. I<br />

waited and waited. Obviously, they didn’t<br />

need any more business as I’m still waiting<br />

for some of them to call!<br />

What goes through my mind is that<br />

if a business takes this long to make<br />

initial contact, how long will I have to wait<br />

for them to actually do the job?<br />

If your response time to a prospect’s initial<br />

request is too long, he or she might write<br />

you off before you even get a chance to<br />

start the process.<br />

Even if you do get to commence your pitch,<br />

you’ve got an uphill climb to recapture that<br />

prospect’s trust.<br />

FROM BAD TO WORSE<br />

It’s a safe bet that if a sales pitch is going<br />

badly during the early stages, it isn’t going to<br />

get much better. In fact, it’s more likely that it<br />

will get even worse still!<br />

You’ve undoubtedly had similar situations as<br />

a salesperson. You’ve got the prospect from<br />

hell and the sale is a bigger challenge than it<br />

really should be.<br />

IF YOUR<br />

RESPONSE<br />

TIME TO A<br />

PROSPECT’S<br />

INITIAL REQUEST<br />

IS TOO LONG, HE<br />

OR SHE MIGHT<br />

WRITE YOU<br />

OFF BEFORE<br />

YOU EVEN GET<br />

A CHANCE<br />

TO START THE<br />

PROCESS<br />

IF A PITCH STARTS BADLY, IT WON’T IMPROVE<br />

He doesn’t return your calls, wants to bicker<br />

over every little detail and, in general, he<br />

wants to jerk you around.<br />

If you think it’s going to be better after<br />

you’ve got his money, think again. It usually<br />

gets worse. After a sale, the prospect from<br />

hell can turn into the customer from hell.<br />

No salesperson wants a bad sale and no<br />

prospect wants a bad buy. Bad sales and<br />

bad buys are the same; they don’t start off<br />

well and they both degenerate into even<br />

worse situations.<br />

If your prospect even smells a hint of<br />

problems at the early stages of a sale,<br />

he’s going to be wary and start looking<br />

for alternate sources of whatever it is<br />

you’re selling.<br />

SENDING THE WRONG MESSAGE<br />

So what makes a prospect wary? Lack of<br />

hustle, for one! If it takes you too long to get<br />

back to a potential customer after his initial<br />

inquiry, you’re on your way to a bad sale.<br />

You’re sending the message that you don’t<br />

care and if you don’t care, maybe the rest of<br />

the company doesn’t care either.<br />

Little things can make a big difference. If you<br />

don’t think that little things matter, consider<br />

this – you’re sitting in a plane waiting for<br />

take-off and the tray in front of you pops<br />

open. You notice that it’s dirty and warped.<br />

Wouldn’t you then wonder about the<br />

engines?<br />

If they can’t fix and clean something as<br />

simple as a tray, how well do they maintain<br />

the rest of the aircraft?!<br />

Another thing that makes a person wary<br />

is when a salesperson fails to keep their<br />

promises. Remember when you told your<br />

potential customer that you’d call her back<br />

before the end of the day?<br />

Okay so you say you didn’t promise her<br />

and that you were just telling her what you<br />

intended to do, right?<br />

You may have been busy or unable to get<br />

the information she wants.<br />

Telling someone you’ll call at a specific time<br />

is perceived promise in the prospect’s mind,<br />

and prospects don’t differentiate between<br />

perceived promises and real ones.<br />

KEEP YOUR WORD<br />

Your ability – or inability – to respond<br />

quickly to inquiries or to get back to<br />

someone as promised are both measures<br />

of your reliability. People want to deal with<br />

and buy from reliable people.<br />

Make sure you start every sales opportunity<br />

on the right foot by being timely and<br />

proving yourself to be reliable.<br />

Do this and you’ll stand out by a country<br />

mile because your competition probably<br />

isn’t doing it.<br />

It’s the tiniest of things that can make the<br />

biggest impact. Remember this the next<br />

time you see a dirty tray on the plane. i<br />

BRIAN JEFFREY has more<br />

than 40 years’ experience in<br />

sales management, training<br />

and business consulting.<br />

quintarra.com<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 37


MANAGEMENT<br />

THE POWER OF VISION AND CERTAINTY<br />

WHEN IT COMES TO SUCCESS, THERE ARE TWO MAGIC INGREDIENTS – EMPLOYED BY LEGENDARY STATESMEN AND TITANS OF<br />

INDUSTRY – THAT WILL TRANSFORM YOUR LEADERSHIP STYLE AND HELP YOU ACHIEVE YOUR GOALS. DAVID BROWN REPORTS.<br />

All great leaders, from George Washington<br />

to Martin Luther King Jr, Winston Churchill<br />

to Steve Jobs, have an elusive quality that<br />

defines their success.<br />

of customers sit. These businesses are so<br />

careful to avoid offence that they become<br />

vanilla, indistinguishable from those around<br />

them on anything other than price.<br />

It’s something that lifts those around them<br />

and takes their cause to the upper reaches<br />

of achievement.<br />

As this is where the majority of the<br />

competition sits, everyone is left fighting<br />

for scraps.<br />

A SURE THING<br />

We often mistake this quality for charisma or<br />

confidence but it goes much deeper than<br />

that. These leaders have a belief that carries<br />

them through adversity and past the failures<br />

of those who doubt.<br />

Churchill is a classic case in point; despite<br />

the odds, he believed Britain would win over<br />

Germany during World War Two.<br />

Even after every European ally had fallen<br />

and Britain was left alone, protected only<br />

by the narrow English Channel, Churchill<br />

was fervent in his belief that Britain would<br />

be victorious.<br />

This belief provided the people of England<br />

with the confidence to withstand attack and<br />

eventually win through.<br />

George Washington also faced seemingly<br />

insurmountable odds.<br />

Heavily outnumbered in most encounters<br />

and using a ragtag group of militia to<br />

oppose the strongest military in the world,<br />

Washington was able to inspire confidence<br />

not only in his soldiers but in the leaders<br />

and politicians who would go on to form<br />

Western society’s first true democracy.<br />

The victories of the American revolutionary<br />

forces stemmed from Washington’s belief<br />

that they would be victorious.<br />

A shared quality of these leaders, and those<br />

business leaders who have grown their<br />

companies to incredible heights, has been<br />

certainty – a deep, unyielding belief that<br />

what they are doing is the right thing and<br />

that they will succeed no matter what.<br />

Look at any successful business of the last<br />

HOW DO YOU<br />

MEASURE UP ON<br />

THE CERTAINTY<br />

SCALE? DO YOU<br />

HAVE A CLEAR<br />

VISION OF WHAT<br />

YOU HOPE TO<br />

OFFER THE<br />

WORLD? THOSE<br />

WHO ARE CERTAIN<br />

ARE NOT ‘ME<br />

TOO’ OPERATORS;<br />

THEIR BELIEF IS IN<br />

SOMETHING THAT<br />

MANY OTHERS<br />

FAIL TO BELIEVE IN<br />

DEFINE YOUR GOAL – AND BELIEVE IN IT<br />

100 years and you’ll find a leader standing<br />

with certainty, one who has a vision and a<br />

certainty to match.<br />

This level of certainty transfers to small<br />

business as well.<br />

SEEING THE GOAL CLEARLY<br />

Look around at the businesses in your city<br />

that are successful and you will find they are<br />

led by people with a vision and a level of<br />

certainty in that vision.<br />

The success of these entities will be directly<br />

related to the certainty they have that they<br />

are offering something worth having and<br />

that people will want it.<br />

How do you measure up on the certainty<br />

scale? Do you have a clear vision of what<br />

you hope to offer the world?<br />

Those who are certain are not ‘me too’<br />

operators; their belief is in something that<br />

many others fail to believe in.<br />

It’s not hard to believe that world is round<br />

today but it took some certainty 600 years<br />

ago when everyone else thought it was flat.<br />

Sadly, there are business owners who<br />

are willing to believe only in what the<br />

mainstream believes. As a result, they try<br />

to be all things to all people, playing it<br />

safely down the middle where the majority<br />

In politics, we see figures like Donald<br />

Trump, Bernie Sanders and Alexandria<br />

Ocasio-Cortez gaining support because<br />

they don’t water down their message to<br />

appeal to everyone.<br />

Love them or hate them, they have carved<br />

out their own powerful place – and gained<br />

plenty of followers – by not competing for<br />

the centre ground.<br />

There’s profit on the fringes where the<br />

audience is often ignored but where the<br />

competition is thinner. If you play in this<br />

area, you will find yourself outside the<br />

needs of the majority but with a profitable<br />

audience you can have all to yourself.<br />

Are you being all things to all people? Is<br />

there a profitable fringe to your business<br />

that could be explored? Are you positioning<br />

yourself where others can’t or won’t go but<br />

where there is an untapped market waiting<br />

to be heard?<br />

Elon Musk has become successful because<br />

of his willingness to go into markets where<br />

others fear to tread. Are you SpaceX or<br />

Chrysler?<br />

Think about it for a few minutes and it<br />

becomes clear – doing what everyone else<br />

does won’t bring you different results.<br />

A unique vision combined with an<br />

uncompromising certainty will win through<br />

in the end. i<br />

DAVID BROWN is<br />

co-founder and<br />

business mentor of<br />

Retail Edge Consultants.<br />

retailedgeconsultants.com<br />

38 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


MARKETING & PR<br />

SALES TIPS YOU CAN APPLY TO EVERYDAY LIFE<br />

THE KEY SKILLS AND INSIGHTS OF THE SALESPERSON AREN’T JUST LIMITED TO THE SHOP FLOOR; THEY CAN ALSO HELP<br />

YOU NAVIGATE TRICKY SOCIAL SITUATIONS AND UNCERTAIN INTERACTIONS OUTSIDE OF WORK, WRITES SUE BARRETT.<br />

Humans are social animals who need<br />

to engage with others in some way in<br />

order to be able to live effectively and have<br />

a meaningful existence.<br />

I didn’t know, I said, “Hi, I’m your neighbour<br />

from up the street. We have an abundance<br />

of fresh plums we cannot use and I was<br />

wondering if you would like to have some?”<br />

Whether you’re a salesperson or not, there<br />

are times in your daily life when knowing<br />

how to sell can turn an awkward situation<br />

into a positive one.<br />

THE FEAR OF REJECTION<br />

Consider the new school year as an<br />

example. There are often many new faces<br />

and new people to meet across the year.<br />

Whether you want to or not, you will<br />

find yourself in new situations. These<br />

could include setting up play dates for<br />

your children, welcoming new neighbours<br />

into your community, forming a parent<br />

group, meeting your child’s teachers<br />

and so on.<br />

For some, social scenarios like these are<br />

second nature but not everyone finds<br />

these types of tasks easy to do.<br />

Some parents might even consider it<br />

daunting. What if you arrange a playdate<br />

between two children and the other<br />

parent says no?<br />

People don’t like to be rejected, which is<br />

why it can be intimidating to break into a<br />

new tribe.<br />

But as it turns out, igniting new social<br />

relationships is just like setting up new<br />

client relationships at work.<br />

Both raise various questions and fear in<br />

our minds such as how do I get accepted?<br />

How do I make a good impression? How<br />

do I get along with these people? How<br />

do I build a trusting relationship with them,<br />

going forward?<br />

All of these tasks require us to know how<br />

to plan, prospect, enquire, understand<br />

others and find ways to engage in<br />

meaningful exchanges for the purpose<br />

of making a strong connection.<br />

PEOPLE DON’T<br />

LIKE TO BE<br />

REJECTED, WHICH<br />

IS WHY IT CAN<br />

BE INTIMIDATING<br />

TO BREAK INTO<br />

A NEW TRIBE –<br />

BUT AS IT TURNS<br />

OUT, IGNITING<br />

NEW SOCIAL<br />

RELATIONSHIPS IS<br />

JUST LIKE SETTING<br />

UP NEW CLIENT<br />

RELATIONSHIPS<br />

AT WORK<br />

MEETING A NEW PERSON IS JUST LIKE A SALE<br />

STRANGERS TO FRIENDS<br />

Let me share a specific example to<br />

illustrate my point. Recently I was<br />

harvesting our annual crop of plums. It<br />

has been a good season and we have<br />

harvested around 30kg.<br />

What we normally like to do is make<br />

a pflaumenmus, which is plum butter,<br />

and we also preserve the plums; however,<br />

given previous harvests, we had more<br />

than enough produce already.<br />

We didn’t need to cook anything this year<br />

but we also didn’t want to have these<br />

delicious plums go to waste.<br />

I devised a plan – I would take some excess<br />

plums door-to-door and offer them to my<br />

neighbours for free, some of whom I know<br />

well and others whom I do not know.<br />

Have you ever tried to go door-to-door<br />

selling something? It’s not easy, even if<br />

what you have won’t cost them anything.<br />

People can be wary because they are<br />

caught off guard; they’re wondering who<br />

you are and what you want.<br />

To address this and before I left for my plum<br />

distribution drive, I developed my VBR or<br />

valid business reason for calling on them.<br />

It went something like this: to people<br />

Immediately everyone knew why I was<br />

there and what I was offering.<br />

When they said yes to the offer, I instructed<br />

them to get a large bowl so I could give<br />

them plenty of plums.<br />

To people I did know, I said the same thing<br />

except I used their names. ,<br />

“Hi [person’s name], we have an abundance<br />

of fresh plums we cannot use and I was<br />

wondering if you would like to have some?”<br />

I managed to visit 12 houses, which<br />

took me three hours because, besides<br />

distributing my plums, I got to have<br />

some wonderful conversations with<br />

my neighbours.<br />

I even got some corn and chillies in return<br />

and it was a lovely way to spend a Saturday<br />

afternoon.<br />

STRANGERS TO FRIENDS<br />

There are real skills involved here –<br />

knowing how to introduce yourself;<br />

helping people to quickly understand<br />

why you are there; giving neighbours<br />

a choice to say yes or no; being open,<br />

friendly and welcoming.<br />

All of these were integral to the success<br />

of the venture but having a clear plan and<br />

the right intentions made the biggest<br />

difference, helping me to build all sorts of<br />

relationships in the community. i<br />

SUE BARRETT is founder<br />

and managing director of<br />

sales advisory, consulting<br />

and education firm Barrett.<br />

barrett.com.au<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 39


LOGGED ON<br />

HOW TO STAND OUT IN THE ONLINE MARKET<br />

JUST A FEW SIMPLE STEPS WILL GET THE ATTENTION OF PROSPECTS ONLINE AND BLOW AWAY THE COMPETITION. SIMON DELL<br />

REPORTS ON THE EASIEST TECHNIQUES FOR BOOSTING YOUR WEB PROFILE IN ORDER TO INCREASE TRAFFIC AND SALES.<br />

Standing out from the competition in the<br />

market is crucial to your business’ growth<br />

and success. With today’s technology<br />

upgrades, your online presence can be a<br />

great way to attract customers.<br />

If you’re looking to improve your virtual<br />

presence to enable your business to gain<br />

exposure online, here are a few tips to<br />

consider from the very beginning.<br />

START A BUSINESS WEBSITE<br />

If you want to have a place in a competitive<br />

market, creating a simple, well-designed<br />

website is a good idea to boost your virtual<br />

presence. The site helps customers know<br />

more about your business and the products<br />

or services you’re selling.<br />

TAKE ADVANTAGE OF SEO<br />

If you want your business to be well-known,<br />

you should make sure your website is<br />

designed to increase your online visibility<br />

– think about incorporating search engine<br />

optimisation (SEO) components such as<br />

meta tags and keywords so people can<br />

find you fast. This will give you an edge<br />

on search-engine results.<br />

Build a smart strategy from the start to<br />

make sure you get favourable results. Talk<br />

to an SEO specialist to get started with your<br />

digital marketing strategy.<br />

MAKE YOUR SITE MOBILE-FRIENDLY<br />

There are many potential customers<br />

online and almost all of them use mobile<br />

devices at least occasionally to search for<br />

a particular product or service. Tap this<br />

market by ensuring your website is mobilefriendly.<br />

With so many jewellery stores in the market,<br />

you need to be one step ahead at all times.<br />

To do this, you should know how your<br />

website is performing within your local area.<br />

Having a mobile-friendly site is beneficial<br />

for your search-engine rankings and for<br />

your customers too.<br />

BUILD A BUSINESS PROFILE ON GOOGLE<br />

As an entrepreneur, you should be listing<br />

a business profile on Google and ensuring<br />

it is verified and updated. Make sure it<br />

includes all the important information,<br />

including the services you provide, your<br />

location and store hours, some relevant<br />

product photos and any links to blog posts,<br />

if you have one.<br />

Update this information regularly as the<br />

more you update your Google business<br />

profile, the higher you will appear in the<br />

search engine’s results.<br />

GENERATE USEFUL CONTENT<br />

You’ll stand out from competitors if you<br />

become a trusted expert in your industry.<br />

Apart from having a website, you can<br />

establish a good profile for your company<br />

by producing relevant content.<br />

If you want to communicate with online<br />

shoppers, start creating newsletters and/<br />

or blogs. That way, you can share ideas<br />

about the industry, offer practical advice or<br />

discuss new product. This also encourages<br />

prospects to express themselves by posting<br />

comments, which you can use to build<br />

relationships.<br />

The more you communicate with potential<br />

customers while they are researching their<br />

purchases, the more they realise you are<br />

human. This builds trust, shows passion, and<br />

creates a veneer of authenticity across all<br />

your business dealings.<br />

BE SOCIAL<br />

Like other online platforms, social media<br />

can be a great way to introduce products<br />

and services to the online market. If you’re<br />

looking to spread the word about your<br />

business, become active on social media.<br />

Gaining leverage in the market means<br />

using social media for announcements<br />

and promotions, as well as to respond<br />

to questions and even criticism in a<br />

public forum.<br />

WHEN IT COMES TO THE WEB, IT’S ALL ABOUT STANDING OUT<br />

THE MORE YOU<br />

COMMUNICATE<br />

WITH PROSPECTS,<br />

THE MORE THEY<br />

REALISE YOU ARE<br />

HUMAN. THIS<br />

BUILDS TRUST,<br />

SHOWS PASSION,<br />

AND CREATES<br />

A VENEER OF<br />

AUTHENTICITY<br />

ACROSS ALL<br />

YOUR BUSINESS<br />

DEALINGS<br />

NARROW DOWN YOUR NICHE<br />

Your business can’t serve everyone, especially<br />

if you’re running a service-based company.<br />

Using a complicated approach is not always<br />

an effective way to service your customers. It’ll<br />

only make it difficult for people to determine<br />

whether your service is what they’re seeking.<br />

Instead, defining who it is that you serve<br />

can be the best way to stand out in the<br />

commodity market. For example, a New-York<br />

business called Movers NYC only targets those<br />

people who are moving within or out of New<br />

York City. Just by looking, customers will know<br />

immediately if that service is the right fit for<br />

their needs.<br />

CLOSING THOUGHTS<br />

Growing your business isn’t easy. You<br />

may have to undergo a few setbacks that<br />

will test your determination, courage,<br />

and skills; however, by following the tips<br />

above, you can begin to build your business’<br />

online presence as well as differentiate it<br />

from other similar brands in the online<br />

commodity market. i<br />

SIMON DELL operates his<br />

own agency, focusing on<br />

digital marketing strategies<br />

and customer engagement.<br />

simondell.com<br />

40 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


MY STORE<br />

SMALL SPACE<br />

JEWELLERY<br />

LOCATION: Melbourne, Australia<br />

NAME: Robyn Wernicke<br />

POSITION: Owner and manager<br />

When was the renovated space<br />

completed? Small Space opened in<br />

2000, and in 2017 I decided it was well<br />

overdue for a face-lift. It was completed<br />

in April 2018. The renovation included<br />

new timber bench tops, floor sanding<br />

and staining in “Black Japan”, the addition<br />

of the feature pegboard, painting and last<br />

but definitely not least, a custom-made<br />

jeweller’s bench by Sam Johnson. After<br />

sitting at the same bench for more than<br />

30 years I have this schmick new one!<br />

Who is the target market, and how did<br />

they influence the store design?Our<br />

customer base is someone who likes<br />

to shop locally and knows what they<br />

purchase from us is unique, original and<br />

made by hand. I think the fact that the<br />

workshop is open to the customer and<br />

not hidden out the back holds intrigue.<br />

They can clearly see us working away; this<br />

reinforces that what we do is made by<br />

hand on the premises. So much of what’s<br />

on offer to the public is either imported<br />

or CAD or both, so l believe this is our<br />

point of differentiation.<br />

With the relationship between store<br />

ambience and consumer purchasing<br />

in mind, which features in the store<br />

encourage sales? Customers always<br />

comment on are the floor boxes which<br />

we use to display jewellery and other<br />

things that might relate to a new series<br />

of work or exhibition happening at the<br />

time. They are illuminated so they make<br />

a great contrast to the dark timber floors.<br />

Customers often comment, “Oh, l’m<br />

walking on the jewellery,” when they look<br />

down. The boxes are unexpected and a<br />

great starting point for a conversation.<br />

What is the wow factor? The expanse<br />

of pegboard, which spans the upper<br />

mezzanine level and displays a series of<br />

vintage tools that were my father’s. After<br />

he passed away l couldn’t bear to throw<br />

them away. I knew they would come in<br />

handy. They make a great impact when<br />

you walk in and Dad would’ve been very<br />

proud that they’ve got a second life! i<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 41


10 YEARS AGO<br />

WHAT WAS MAKING NEWS 10 YEARS AGO?<br />

A SNAPSHOT OF THE INDUSTRY EVENTS THAT MADE NEWS HEADLINES IN THE MAY 2009 ISSUE OF JEWELLER<br />

JAA asks for input on<br />

terminology debate<br />

Enhanced<br />

gemstones alert<br />

The story: A spate of treated and enhanced<br />

gemstones, thought to have originated<br />

in Afghanistan, has recently appeared on<br />

the local market, sparking concerns for<br />

consumer confidence.<br />

Customers possessing the loose and unset<br />

gemstones have approached several jewellers<br />

for valuation and appraisal, according to the<br />

JAA. The clients claimed they’d obtained the<br />

gemstones – among them star sapphires,<br />

rubies and diamonds – from overseas<br />

and are interested in reselling, rather than<br />

manufacturing them into jewellery items.<br />

NATIONWIDE VISITS<br />

PANDORA HQ<br />

The story: Over 120 members of the<br />

Nationwide <strong>Jeweller</strong>s group recently<br />

visited the Pandora headquarters at<br />

Mona Vale in Sydney for the inaugural<br />

“Day at Pandora”.<br />

Nationwide’s in-house travel agency<br />

co-ordinated the arrangements, with<br />

members coming from all parts of<br />

Australia and New Zealand.<br />

The members, all Pandora stockists,<br />

were split into groups and allocated a<br />

Pandora staff member as a guide for<br />

the day.<br />

Activities included a tour of<br />

each department, a marketing<br />

presentation, training with the<br />

Pandora International Sales Coach<br />

and viewing the new product range.<br />

The story: The JAA has called on its members to<br />

help nominate the correct descriptive term for a<br />

synthetic or laboratory-grown gemstone.<br />

A memo and survey was issued to members, asking<br />

whether retailers should use terms like ‘synthetic’,<br />

‘laboratory-grown’, ‘laboratory-created’ or ‘manmade’.<br />

The survey also asked whether members and<br />

consumers understood what synthetic meant. The<br />

JAA said the naming debate had raged for 20 years.<br />

“The ‘purists’ are only prepared to accept the word<br />

‘synthetic’,” read the release. “The more commercially<br />

minded wish to use the words laboratory-created,<br />

laboratory-grown or just created.”<br />

The issue was raised at the 2008 CIBJO conference<br />

and will be discussed at the next one in <strong>May</strong> 2009,<br />

with the JAA speaking on behalf of the Australian<br />

jewellery industry.<br />

“Our members really enjoyed the<br />

whole experience,” Colin Pocklington,<br />

managing director Nationwide<br />

<strong>Jeweller</strong>s, said. “They had no idea<br />

of the huge size of the Pandora<br />

operation, and just as importantly,<br />

the plans that Pandora has in place in<br />

terms of products and marketing, to<br />

maintain strong growth.” Pocklington<br />

said the success of the day meant it<br />

could become an annual event.<br />

Skagen watches celebrates 20 years<br />

The story: Designer watch company Skagen recently<br />

celebrated its 20th birthday, releasing a limitededition<br />

Anniversary Collection for the occasion. The<br />

brand is now distributed in 60 countries, offering<br />

more than 250 watch designs in more than 5,000<br />

retailers worldwide.<br />

Charlotte Jorst, co-founder Skagen, said, “Given the<br />

challenging economy we are in, it’s an extra special<br />

time to be honouring how our small business<br />

venture began from just a simple idea to what is<br />

now a global design company with continued<br />

opportunity for growth.”<br />

The Australian distributor of Skagen, Jarass, planned<br />

a special event to mark the milestone at the<br />

International <strong>Jeweller</strong>y Fair in Sydney.<br />

42 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


EVENTS<br />

JEWELLERY AND WATCH CALENDAR<br />

A GUIDE TO THE LOCAL AND INTERNATIONAL JEWELLERY AND WATCH EVENTS SCHEDULED TO TAKE PLACE IN THE YEAR AHEAD.<br />

MAY <strong>2019</strong><br />

JEWELRY SHANGHAI<br />

Shanghai, China<br />

<strong>May</strong> 8 – 12<br />

newayfairs.com/EN<br />

PALAKISS VICENZA<br />

SPRING SHOW<br />

Vicenza, Italy<br />

<strong>May</strong> 10 – 12<br />

palakisstore.com<br />

INTERNATIONAL<br />

JEWELLERY KOBE<br />

Kobe, Japan<br />

<strong>May</strong> 16 – 18<br />

ijk-fair.jp/en<br />

INTERNATIONAL JEWELRY<br />

AND WATCH FAIR VIETNAM<br />

Ho Chi Minh City, Vietnam<br />

<strong>May</strong> 16 – 20<br />

jewelrytradefair.com/vietnam<br />

JCK LAS VEGAS<br />

Las Vegas, US<br />

<strong>May</strong> 31 – June 3<br />

lasvegas.jckonline.com<br />

JUNE <strong>2019</strong><br />

JUBINALE INTERNATIONAL<br />

JEWELLERY AND WATCHES<br />

TRADE FAIR<br />

Krakow, Poland<br />

June 13 – 15<br />

jubinale.com/en<br />

HONG KONG JEWELLERY<br />

& GEM FAIR<br />

Hong Kong, China<br />

June 20 – 23<br />

exhibitions.jewellerynet.com<br />

JULY <strong>2019</strong><br />

WINTON OPAL<br />

TRADESHOW<br />

Winton, Australia<br />

July 12 – 13<br />

qboa.com.au<br />

LIGHTNING RIDGE OPAL<br />

& GEM FESTIVAL<br />

Lightning Ridge, Australia<br />

July 24 – 27<br />

lightningridgeopalfestival.com.au<br />

AUGUST <strong>2019</strong><br />

AUSTRALIAN OPAL<br />

EXHIBITION<br />

Gold Coast, QLD<br />

August 1 – 2<br />

austopalexpo.com.au<br />

INDIA INTERNATIONAL<br />

JEWELLERY SHOW<br />

Mumbai, India<br />

August 9 – 12<br />

iijs.org<br />

INTERNATIONAL<br />

JEWELLERY FAIR<br />

Sydney, Australia<br />

August 24 – 26<br />

jewelleryfair.com.au<br />

JAPAN JEWELLERY FAIR<br />

Tokyo, Japan<br />

August 28 – 30<br />

japanjewelleryfair.com/en<br />

SEPTEMBER <strong>2019</strong><br />

INTERNATIONAL<br />

JEWELLERY LONDON<br />

London, UK<br />

September 1 – 3<br />

jewellerylondon.com<br />

HONG KONG WATCH<br />

& CLOCK FAIR<br />

Hong Kong, China<br />

September 3 – 7<br />

m.hktdc.com/fair/hkwatchfair-en/<br />

BIJORHCA PARIS<br />

Paris, France<br />

September 6 – 9<br />

bijorhca.com<br />

VICENZAORO<br />

Vicenza, Italy<br />

September 7 – 11<br />

vicenzaoro.com/en<br />

PALAKISS VICENZA<br />

SUMMER SHOW<br />

Vicenza, Italy<br />

September 7 – 11<br />

palakisstore.com<br />

BANGKOK GEMS<br />

& JEWELRY FAIR<br />

Bangkok, Thailand<br />

September 10 – 12<br />

bkkgems.com<br />

SHENZHEN INTERNATIONAL<br />

JEWELLERY FAIR<br />

Shenzhen, China<br />

September 12 – 16<br />

newayfairs.com/EN<br />

HONG KONG JEWELLERY &<br />

GEM FAIR<br />

Hong Kong, China<br />

September 16 – 29<br />

exhibitions.jewellerynet.com<br />

OCTOBER <strong>2019</strong><br />

BHARAT DIAMOND WEEK<br />

Mumbai, India<br />

October 14 – 16<br />

bharatdiamondweek.com<br />

INTERNATIONAL<br />

JEWELLERY TOKYO<br />

AUTUMN<br />

Yokohama, Japan<br />

October 23 – 25<br />

ijt-aki.jp<br />

NOVEMBER <strong>2019</strong><br />

CHINA INTERNATIONAL<br />

GOLD, JEWELLERY & GEM<br />

FAIR SHANGHAI<br />

Shanghai, China<br />

November 28 – December 1<br />

<strong>May</strong> <strong>2019</strong> <strong>Jeweller</strong> 43


MY BENCH<br />

Thomas<br />

Meihofer<br />

WORKS AT: Thomas Meihofer<br />

<strong>Jeweller</strong>y Design, Perth<br />

AGE: 58<br />

YEARS IN TRADE: 31<br />

TRAINING: Apprenticeship<br />

in Switzerland.<br />

FIRST JOB: Carlo Pagani<br />

Goldsmith.<br />

OTHER QUALIFICATIONS:<br />

Gemmologist.<br />

Favourite gemstone:<br />

I adore most of them!<br />

Favourite metal:<br />

Gold – I’m a goldsmith,<br />

after all. It can’t be<br />

substituted and it appeals<br />

to people’s ancient desire<br />

to adorn themselves.<br />

Favourite tool:<br />

My trusty 18-year-old<br />

KAVO K11 Micro Motor<br />

Handpiece. It gets used<br />

on almost every job, one<br />

way or another, and it is<br />

combined with a dust<br />

extractor system.<br />

Best part of job:<br />

Coming up with a design<br />

concept for an interesting<br />

and beautiful gemstone<br />

and seeing it become<br />

a piece of jewellery. It’s<br />

a great platform for the<br />

creative mind.<br />

Worst part of job:<br />

Having to scrap the above<br />

mentioned piece after<br />

years of it being admired<br />

but not sold!<br />

Best tip from a jeweller:<br />

Try to use all of your talents.<br />

Best tip to a jeweller:<br />

Know what your talents are.<br />

Biggest health concern<br />

on the bench:<br />

A sore back and shoulders.<br />

Get up from your bench<br />

and stretch regularly.<br />

What frustrates you most<br />

about the industry?<br />

Don’t get me started! i


Instant online quoting<br />

Overnight printing<br />

Overnight casting<br />

Fastest job turnaround in Australia<br />

Turnaround your castings faster<br />

Traditional and Digital Casting Professionals!<br />

www.rapidcasting.com.au<br />

Add Rapid to your Bench.<br />

Are you looking for a professional, reliable,<br />

fully trackable casting company?<br />

Trackable casting and jewellery CAD/CAM services. Visit our website for instant quotes and ordering.<br />

C A D<br />

+61 2 9557 9468<br />

info@rapidcasting.com.au<br />

®


SOAPBOX<br />

THE LUXURY WATCH MARKET CAN’T<br />

SUPPORT COMPETING TRADE SHOWS<br />

With new CEO Michel Loris-Melikoff<br />

set to the task of rebuilding Baselworld,<br />

now is the time for the Salon<br />

International de la Haute Horlogerie<br />

(SIHH) to set aside petty historical<br />

differences and return under the<br />

umbrella of the Baselworld show.<br />

In her opening address of the SIHH in<br />

January, Fabienne Lupo, CEO of organiser<br />

Fondation de la Haute Horlogerie,<br />

announced a concession to industry<br />

solidarity by aligning the calendar dates of<br />

the two shows.<br />

In forming the ‘Swiss Shows Week’ from<br />

2020, she said their one objective was to<br />

serve the greater good of the industry.<br />

‘Serving the greater good of the industry’ is<br />

indeed a noble sentiment, but might it not<br />

be truly and genuinely demonstrated by<br />

bringing the shows under the one umbrella<br />

– instead of just superficially fooling around<br />

with dates of the calendar?<br />

Baselworld currently has unused halls, any<br />

one of which would easily adapt to the<br />

exclusive use of the SIHH.<br />

This would enable the latter to make big<br />

cost savings in an environment of unity – a<br />

feature of the MCH Basel management that<br />

SIHH imprudently abandoned back in 1991.<br />

It is critically important for Baselworld to<br />

focus and survive this cyclic crisis; many<br />

of the medium and smaller Baselworld<br />

exhibitors seriously rely on exhibiting for<br />

their annual production orders.<br />

By comparison, the SIHH is a distraction<br />

pursuing a political existence whilst<br />

attracting less than 10 per cent of the<br />

exhibitor numbers of Baselworld.<br />

Now that the two shows are together<br />

on the calendar, there will be a logical<br />

defection of the specialist exhibitors from<br />

the SIHH to Baselworld, even if simply on<br />

the basis of upfront rental costs.<br />

But there are more potent reasons than<br />

rent alone. Why, for example, would anyone<br />

stay in the SIHH’s Carré des Horlogers<br />

when the cost is significantly higher<br />

than a Baselworld exhibition space – and<br />

particularly where the cost of its press and<br />

publicity is artificially pumped up by its<br />

show-pony pretentiousness?<br />

This SIHH film-set environment was<br />

originally a talking point, a focus of<br />

difference from Baselworld. Now, it is<br />

a millstone around the neck of the<br />

exhibitors as the cost of annual<br />

construction and deconstruction<br />

pushes their fees way above the<br />

equivalent exposure in Baselworld.<br />

In Basel, the public relations policies do,<br />

at least, support the very reasons for<br />

exhibiting in the first place which is why<br />

the brands exhibit and it is why trade<br />

fairs exist at all.<br />

To avoid its own irrelevancy, the SIHH can<br />

return under the umbrella of the Baselworld<br />

Show and be a part of openly reuniting the<br />

Swiss industry.<br />

With his event implementation experience,<br />

Loris-Melikoff is probably a good choice to<br />

rebuild Baselworld loyalty.<br />

At least he can ignore the recalcitrant<br />

OF COURSE THERE<br />

ARE ALWAYS<br />

POLITICAL<br />

PROBLEMS. BUT<br />

THIS IS AN IDEAL,<br />

PERHAPS UNIQUE,<br />

OPPORTUNITY<br />

TO MEND THE<br />

POLITICS AND<br />

GENUINELY WORK<br />

TOWARDS POSITIVE<br />

GAINS FOR ALL<br />

STAKEHOLDERS<br />

Swatch Group and Nick Hayek can throw<br />

his toys out of the cot as far as he likes!<br />

Breitling has appeared nervous and<br />

stressed for this last year or so; even as<br />

we go to print, it has announced a trial<br />

separation in 2020 but is keeping the<br />

option open to return.<br />

In a further new development, Rolex sister<br />

brand Tudor will showcase at its own stand<br />

in Hall 1.0 in 2020 and Rolex will expand its<br />

stand to include the previous Tudor area.<br />

Loris-Melikoff has proposed that three years<br />

are required for the restructure of the show.<br />

This will allow a deeper understanding of<br />

the structural issues – which will surely<br />

come into clearer focus with the passing of<br />

a little time.<br />

As well, the cost of the planned changes will<br />

be very high if there is any correlation with<br />

the current spray of promo buzzwords and<br />

wordy platitudes.<br />

And of course there are always political<br />

problems. But this is an ideal, perhaps<br />

unique, opportunity to mend the politics<br />

and genuinely work towards positive gains<br />

for all stakeholders.<br />

SIHH could strongly support a<br />

single Baselworld Show otherwise ‘the<br />

greater good of the industry’ is simply<br />

empty chatter. i<br />

Name: Martin Foster FBHI<br />

Position: Freelance journalist<br />

Location: Sydney, NSW<br />

Years in the industry: 61<br />

46 <strong>Jeweller</strong> <strong>May</strong> <strong>2019</strong>


Where passion meets creativity<br />

Immerse yourself in a world of spectacular, original jewellery at the <strong>2019</strong> International <strong>Jeweller</strong>y & Watch Fair.<br />

Be inspired by excellence in creativity of the latest designs and the passion in workmanship. See the latest global<br />

trends, seek new business opportunities and gain knowledge from industry insights. Talk with the experts and<br />

select from thousands of stunning pieces, just right for your business. Save the date!<br />

INTERNATIONAL<br />

J E W ELLERY & WATCH FAIR<br />

August 24 > 26, <strong>2019</strong><br />

ICC Sydney > Exhibition Centre > Darling Harbour<br />

WWW.JEWELLERYFAIR.COM.AU<br />

Organised by<br />

events


AUSTRALIAN NATURAL<br />

PINK DIAMONDS FROM ARGYLE<br />

Blush Pink Diamond jewellery is crafted from<br />

18ct gold with an exquisite blend of fine white<br />

diamonds and natural Australian pink diamonds<br />

from the Argyle Diamond Mine, located in the<br />

East Kimberley region of Western Australia.<br />

These pink diamonds are the rarest and most<br />

precious diamonds in the world.<br />

PinkKimberley.com.au<br />

SAMS GROUP<br />

AUSTRALIA<br />

E pink@samsgroup.com.au W samsgroup.com.au P 02 9290 2199

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!