Jeweller - October 2019
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VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY<br />
OCTOBER <strong>2019</strong><br />
All’s Fair<br />
THE FULL INTERNATIONAL<br />
JEWELLERY & WATCH FAIR REPORT<br />
High colour<br />
+ +<br />
THE GEMSTONE CATEGORY OFFERS<br />
A RAINBOW OF POSSIBILITIES<br />
True blue<br />
WHY DEMAND IS SPIKING FOR<br />
AUSTRALIAN SAPPHIRES
ottom.pdf 1 15/10/2018 12:25 PM<br />
Tanzanite - 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
Y O U R L E A D I N G S U P P L I E R O F P I N K A R G Y L E & W H I T E D I A M O N D S<br />
W O R L D S H I N E R<br />
I N S P I R E D P E R F O R M A N C E<br />
Y E A R A F T E R Y E A R<br />
W W W . W O R L D S H I N E R . C O M<br />
NEW SOUTH WALES Suite 301, Level 3, 70 Castlereagh Street, Sydney 2000, P: 02 9232 3557, E: sydney@worldshiner.com<br />
VICTORIA Suite 502, Wales Corner, 227 Collins Street, Melbourne 3000, P: 03 9654 6369, E: melbourne@worldshiner.com<br />
QUEENSLAND Unit 17, Level 11, 138 Albert Street, Brisbane 4000, P: 07 3210 1237 E: brisbane@worldshiner.com<br />
NEW ZEALAND Suite 4K, 47 High Street, Auckland P: 09 358 3443 E: nz@worldshiner.com<br />
A U S T R A L I A • G E R M A N Y • I N D I A • I T A L Y • J A P A N • N Z • U K • U S A
Gold is our business,<br />
Chains are our speciality<br />
Proud to be an Australian manufacturer<br />
producing and serving the jewellery industry<br />
from our Sydney premises.<br />
New catalogue out now<br />
Please enquire with our office<br />
T (02) 9262 5454 E sales@isaacjewellery.com.au<br />
W www.isaacjewellery.com.au
CONTENTS<br />
OCTOBER <strong>2019</strong><br />
21/<br />
25/<br />
31/<br />
FEATURES REGULARS BUSINESS<br />
17/ FAIR GO<br />
<strong>Jeweller</strong> explores this year’s<br />
International <strong>Jeweller</strong>y & Watch Fair.<br />
21/ DESIGN TRIUMPH<br />
Discover which pieces took home<br />
the top prizes at the <strong>2019</strong> <strong>Jeweller</strong>y<br />
Design Awards.<br />
25/ BROAD SPECTRUM<br />
Why the coloured gemstone category<br />
is going from strength to strength –<br />
and how retailers can take advantage.<br />
31/ TEAL THE SHOW<br />
Consumers are falling for the charms<br />
of Australian sapphires.<br />
35/ INDIAN SUMMER<br />
Preparation and positivity prevailed at<br />
the IIJS Premier event in Mumbai.<br />
9/ Editorial<br />
10/ Upfront<br />
12/ News<br />
15/ ARA<br />
16/ New Products<br />
37/ Gems<br />
Garnet: Gem of Many Colours – Part I<br />
45/ My Store<br />
46/ 10 Years Ago<br />
47/ My Bench<br />
Gary Thyregod<br />
48/ My Bench<br />
Gary Mouradjallian<br />
50/ Soapbox<br />
Benn Harvey-Walker says it’s past<br />
time for jewellers to embrace<br />
ethical practices.<br />
39/ Business feature<br />
Bernadette McClelland shares what<br />
she’s learnt as an entrepreneur.<br />
41/ Selling<br />
Focus on solving customers’<br />
problems to win business, advises<br />
Michael Hinshaw.<br />
42/ Management<br />
Good help is hard to find, writes<br />
Barry Urquhart.<br />
43/ Marketing<br />
Forget the 4P’s and embrace a new<br />
paradigm, says Chris Petersen.<br />
44/ Logged On<br />
Alisa Meredith reveals why Pinterest<br />
is the key to your website’s success.<br />
Front cover description:<br />
World Shiner is a leading diamond<br />
and jewellery wholesale company<br />
with international prestige and<br />
three decades of experience.<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 5
lesgeorgettes.com<br />
contactaus@lesgeorgettes.com
• Genuine Argyle Authenticity cards<br />
• Argyle Origin Certificates<br />
• ADV Authenticity Cards<br />
• 9ct Gold Australian diamond jewellery<br />
• Lifetime Guarantee<br />
• Rare Argyle loose diamonds<br />
• Argyle Whites, Pinks, Cognac Colours<br />
• Complete Packaging and Stands
EDITORIAL<br />
MELEE MALAISE: IS MARKETING THE SOLUTION?<br />
Does anyone have the answer to rectify the<br />
current malaise in the diamond industry?<br />
Before you can fix something you need to<br />
know the exact cause of the problem. I only<br />
state the bleeding obvious because there are<br />
calls for a new, $US1 billion global marketing<br />
campaign promoting natural diamonds, and<br />
especially engagement rings.<br />
Martin Rapaport is on the record as saying<br />
that current generic marketing efforts need<br />
to improve and miners, supported by brands,<br />
must step up to the plate to reach consumers.<br />
Few would disagree with such a concept –<br />
but where do the funds come from?<br />
De Beers supported the industry for decades<br />
with its worldwide generic advertising<br />
campaigns. Indeed, it could be argued<br />
De Beers created the diamond industry, as<br />
we know it today, when it began using the<br />
slogan, ‘A diamond is forever’.<br />
It was so powerful and successful that in 1999<br />
the iconic US magazine AdAge awarded it<br />
the title of best marketing slogan of the 20th<br />
Century. So, 20 years later, and in a radically<br />
different market, who and where would<br />
the money come from to create an equally<br />
successful worldwide marketing campaign?<br />
One suggestion is from small contributions<br />
from all diamond exports, including: a 0.05<br />
per cent levy on all diamond exports (rough<br />
and polished) from non-mining countries;<br />
0.5 per cent fee on all polished exports and<br />
1 per cent on rough exports from mining<br />
countries; and a 2 per cent levy on all exports<br />
by the diamond-mining companies. It has<br />
been estimated that this would garner around<br />
$US500,000 annually.<br />
The Diamond Producers Association (DPA)<br />
has the mission to ‘protect and promote<br />
the integrity and reputation of diamonds’.<br />
Its marketing budget increased from $US40<br />
million in 2017 to $US70 million last year.<br />
Meanwhile, according to De Beers, the<br />
international diamond jewellery market was<br />
valued at more than $US80 billion in 2017.<br />
If all of these figures are reasonably accurate,<br />
it means that currently, around 1 per cent of<br />
consumer sales revenue is being spent on<br />
marketing to consumers by the DPA.<br />
A 1 per cent marketing budget is clearly not<br />
enough, especially in the digital age where<br />
the internet has created a world of small<br />
tribes, rather than one large, more easily<br />
reached ‘homogeneous’ market.<br />
But back to the problem – or problems –<br />
which need to be tackled. What are they?<br />
It’s all too easy to blame the natural diamond<br />
malaise on the rise of synthetic stones. Yes, the<br />
man-made diamond suppliers have a loud<br />
voice in the consumer media, but I wonder<br />
whether the ‘noise’ equates to sales.<br />
I think the narrative of synthetic stones<br />
hampering and harming the natural market<br />
is simply a convenient excuse.<br />
There are other factors in play; people have<br />
A 1 PER CENT<br />
MARKETING<br />
BUDGET IS<br />
CLEARLY ACIETURIS NOT<br />
ENOUGH, AUT EXERITAS<br />
ESPECIALLY AUTATIS ADIO IN<br />
THE CULLABO. DIGITAL<br />
AGE ITASSIM WHERE<br />
THE INULLECERUM<br />
INTERNET<br />
HAS ET, ADI CREATED ALIQUI<br />
A VELIAM WORLD ERUM OF<br />
SMALL NEST UNTUR TRIBES,<br />
RATHER ARIBUS THAN QUI<br />
ONE CONSEQUE LARGE,<br />
‘HOMOGENOUS’<br />
LABORRO VITIO.<br />
MARKET<br />
ACIASPIET<br />
been getting married later in life. The ‘arrival’<br />
of man-made stones has also coincided with<br />
a new generation, Millennials, reaching the<br />
age of marriage. It is often said they are more<br />
focused on sustainability and see mining as<br />
unappealing and even morally outrageous.<br />
Other theories suggest younger people<br />
don’t view diamonds as a display of love, as<br />
their parents once did. Some also suggest<br />
that Millennials have more difficulty meeting<br />
everyday needs, when compared to their<br />
parents, because of the higher cost of living;<br />
they prefer to save money for other life goals.<br />
Another change is an increasing trend<br />
for colour diamonds and gemstones in<br />
engagement rings.<br />
On the industry side, the malaise has also<br />
been caused, or at least not helped, by the<br />
US-China trade war. That’s inarguable – but<br />
the sales decline has in fact been in progress<br />
for some time. There has also been an oversupply<br />
of rough, while some suggest that<br />
poor quality melees and cheap stones have<br />
contributed to consumes’ loss of confidence.<br />
There’s no doubt a concerted marketing<br />
effort can address some of these problems.<br />
But another catchy slogan won’t fix the<br />
underlying structural issues. For that, everyone<br />
in the supply chain will have to do more than<br />
throw money at the different problem(s); they<br />
will need to show vision and leadership.<br />
Coleby Nicholson<br />
Editor<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 9
UPFRONT<br />
BULLETIN BOARD<br />
■ TOUCH POINT<br />
A British jeweller has found a unique<br />
way to encode a secret message in a<br />
diamond ring: by setting the stones<br />
point-up to spell out a message in<br />
Braille. The inverted diamond design<br />
has been named ‘Feel the Love’, and<br />
caters to both the blind community<br />
and those wanting a discreetly<br />
personalised jewellery piece.<br />
■ GOLD LEAF<br />
An Australian company is using tree<br />
leaves to detect gold deposits. Mining<br />
business Marmota analysed foliage<br />
from plants in South Australia to<br />
successfully identify a gold vein 44m<br />
underground. The method works<br />
because tree roots bring up mineralrich<br />
water from deep below the<br />
surface. The basis for the technique was<br />
first developed by the CSIRO.<br />
■ GIN WITH ICE<br />
A UK-based liquor company has<br />
commissioned a jeweller to set a<br />
1-carat diamond inside a bottle of gin.<br />
The stone features petal-like facets and<br />
is designed to highlight the purity of<br />
the gin. The 1-litre bottle is valued at<br />
£10,000 ($AU18,000) and will be given<br />
as the prize in a competition.<br />
OPAL<br />
OCTOBER BIRTHSTONE:<br />
DID YOU KNOW?<br />
Opals are Australia’s national gemstone and<br />
the country produces 95 per cent of the<br />
world’s supply, but Europeans only discovered<br />
them here in 1849. Before then, only one opal<br />
mine was known – in Slovakia. The ancient<br />
Romans considered the gem a good luck<br />
charm that could make its wearer invisible.<br />
Its name comes from the Latin word opalus,<br />
meaning ‘precious stone’.<br />
DIGITAL<br />
BRAINWAVE<br />
WHO SAID?<br />
“Unlike diamonds, coloured gemstones<br />
have not been commoditised. Retailers<br />
can provide an almost infinite gem<br />
colour palette and a bespoke jewellery<br />
purchasing experience, all of which<br />
translates to much better margins.”<br />
Turn to page 25 to find out ><br />
PINTEREST CALLS AUSTRALIA HOME<br />
Pinterest has opened its first Australian office in Sydney, NSW, amid strong results from<br />
the Asia-Pacific region. According to the company, Australian and New Zealand Pinners<br />
save almost 4 million Pins each day. The number of Pinterest users in the region has<br />
more than doubled over the past year. In a statement on the company’s Newsroom<br />
blog, Carin Lee-Skelton, Australia and New Zealand country manager Pinterest, said,<br />
“I’m excited to work closely with businesses of all sizes in Australia and New Zealand to<br />
help them reach their audiences on Pinterest.” Pinners are one of the most shoppingengaged<br />
audiences on social media, with 90 per cent of weekly users using the app to<br />
make purchase decisions.<br />
TOP PRODUCT<br />
O’Neils Affiliated has a new range of blue zircons just in<br />
time for summer. Available in shades of cerulean, reminiscent<br />
of the Mediterranean Sea, blue zircon will mesmerise with its<br />
brilliance and intensity. In stock and online now.<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 />
Assistant Editor<br />
Arabella Roden<br />
arabella.roden@jewellermagazine.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 />
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the next available issue. All statements<br />
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believed to be reliable and accurate at<br />
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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>October</strong> <strong>2019</strong>
NEWS<br />
Fresh Nomination campaign goes live<br />
Italian jewellery brand Nomination has<br />
unveiled a new marketing campaign called<br />
“One for me, one for you”. The full video<br />
and artwork were uploaded to the official<br />
Nomination social media channels after<br />
being revealed at the Vicenzaoro trade show<br />
in Italy.<br />
The Nomination Australia and New Zealand<br />
Instagram and Facebook channels were<br />
updated on Monday 9 September, in line<br />
with the global campaign launch date.<br />
Nomination stockists have been invited to<br />
share the video to their own Facebook and<br />
Instagram accounts.<br />
“One for me, one for you” promotes<br />
Nomination’s signature links in a fresh way,<br />
emphasising the shareable, personalised feel<br />
of the jewellery. Friends, love, animals, travel<br />
and family are explored in the campaign.<br />
The collection includes more than 2,000 links<br />
featuring engraving, gemstones, enamel,<br />
cubic zirconia and natural diamonds. The<br />
stainless steel base comes with 18-carat gold,<br />
9-carat rose gold or sterling silver plating.<br />
New York-based production designer<br />
Giovanni Bianco – former creative director of<br />
Vogue Italia – was behind the energetic and<br />
diverse campaign, and directed the video<br />
clip. Bianco’s agency, GB65, has created video<br />
content for Rihanna’s Fenty brand as well as<br />
Italian fashion houses Marni and Missoni.<br />
As the campaign went live, Ken Abbott,<br />
managing director of Nomination distributor<br />
Timesupply, said: “Nomination Composable<br />
is unisex, multigenerational, and original. It<br />
celebrates the gift of sharing and connecting<br />
with people – the people we love. What a<br />
campaign, what an opportunity.”<br />
Olivia Burton gets new distributor<br />
GDL Accessories has acquired the Australian<br />
and New Zealand distribution rights for Olivia<br />
Burton watches. The UK-based brand joins<br />
several other high-profile fashion watches in<br />
the GDL portfolio.<br />
ABC Bullion brings<br />
ancient treasures<br />
to Australia<br />
Independent bullion dealer ABC Bullion,<br />
part of the Pallion group of companies,<br />
has been appointed Presenting<br />
Partner for the Australian leg of the<br />
exhibition ‘Tutankhamun: Treasures<br />
of the Golden Pharaoh’.<br />
The six-month exhibition is part of a<br />
10-city world tour to mark the centenary<br />
of the discovery of Tutankhamun’s tomb<br />
by British archaeologist Howard Carter.<br />
‘Treasures of the Golden Pharaoh’ includes<br />
150 objects from the New Kingdom<br />
ruler’s gravesite, of which 60 have never<br />
before left Egypt.<br />
The recently renovated Australian<br />
Museum, in Sydney, will host the<br />
event in partnership with ABC Bullion,<br />
entertainment company IMG, Destination<br />
NSW and the Egyptian Ministry of<br />
Antiquities. It is scheduled for 2021.<br />
Andrew Cochineas, CEO Pallion, said, “We<br />
are thrilled to be Presenting Partner of the<br />
’Tutankhamun: Treasures of the Golden<br />
Pharaoh’ exhibition and to provide<br />
Australians with access to the golden<br />
wonders of ancient Egypt. Only nine<br />
other cities in the world will have this<br />
once in a lifetime honour.”<br />
The exhibition will include a brand new<br />
detailed display dedicated to gold,<br />
presented by ABC Bullion.<br />
“Australia is the second-largest gold<br />
producer in the world. This exhibition<br />
shows that gold has always been an<br />
important part of world civilisation... With<br />
gold prices and demand at record highs,<br />
it seems that the lustre of gold shows no<br />
signs of decline,” Cochineas said.<br />
The Sydney leg of the exhibition<br />
follows record-breaking runs in Paris<br />
and Los Angeles.<br />
In a statement, GDL management said:<br />
“Designed in London, Olivia Burton takes<br />
inspiration from fashion, vintage and nature<br />
to create unique and feminine accessories<br />
that can’t be found anywhere else.”<br />
West End Collection previously distributed<br />
Olivia Burton and had done so since 2016.<br />
Publicly listed watch conglomerate Movado<br />
Group acquired Olivia Burton in 2017.<br />
GDL ACCESSORIES IS NOW SUPPLING THE BRAND<br />
Movado is also the parent company of<br />
Tommy Hilfiger, Hugo Boss, Lacoste and<br />
MVMT watches, all of which are distributed<br />
by GDL.<br />
+ MORE BREAKING NEWS<br />
JEWELLERMAGAZINE.COM<br />
EGYPTIAN TREASURES ARE HEADED TO OZ<br />
12 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
Stella to distribute EPOS watches<br />
Stella Timepieces has been appointed<br />
exclusive distributor of EPOS Swiss watches,<br />
effective from 27 August <strong>2019</strong>.<br />
EPOS is a heritage watch brand designed<br />
and manufactured in Switzerland’s Jura<br />
Mountains and Vallée de Joux. Each watch is<br />
hand-assembled to ensure quality and live up<br />
to the legacy of Swiss watchmaking.<br />
“We have been in talks with EPOS for a while<br />
now, and feel extremely fortunate to be able<br />
to partner with a company of such prestige<br />
and innovation in watchmaking,” Krzysztof<br />
Jakubaszek, founder Stella Timepieces, said.<br />
“The roots of the company date back to<br />
1925. Building upon the long heritage and<br />
knowledge embedded in the company,<br />
EPOS has always focused on creating highly<br />
sophisticated mechanical masterpieces at<br />
affordable prices, staying true to the company<br />
slogan: ‘Artistry in Watchmaking.’”<br />
Stella Timepieces also distributes Swiss watch<br />
brands Alfex, Tacs, Atlantic and Grovanna<br />
among others.<br />
Repairs and servicing will be conducted<br />
through Stella Timepiece’s purpose-built<br />
service centre, run by A.J Watch Repairs.<br />
Michael Hill introduces lab-grown stones<br />
As it celebrates its 40th anniversary,<br />
Michael Hill International has released its<br />
financial results for FY19 – revealing the<br />
success of its turnaround efforts – as well<br />
as its intention to enter the synthetic<br />
diamond category.<br />
The company’s net profits increased to $16.5<br />
million in FY19 – up $14.9 million from FY18.<br />
Meanwhile, same-store sales increased 0.7<br />
per cent for the quarter, indicating that<br />
momentum is picking up despite a 3.3 per<br />
cent decline for the year. The biggest driver<br />
of sales came from e-commerce, with online<br />
purchases increasing by 43.6 per cent.<br />
While 10 new stores were opened, 11 were<br />
closed, leaving a total of 306 spread across<br />
Australia, New Zealand and Canada.<br />
After announcing the financial results, CEO<br />
Daniel Bracken revealed that Michael Hill<br />
has started selling synthetic diamonds<br />
at a Queensland location in order to test<br />
consumer demand.<br />
“It’s a new product category and growth<br />
opportunity,” the Australian Financial Review<br />
quoted Bracken as saying. “It’s the newest<br />
thing in the jewellery world and being the<br />
first to market is another demonstration of us<br />
making sure we’re completely relevant to the<br />
modern consumer.”<br />
<strong>Jeweller</strong> contacted Michael Hill International<br />
for more information on its synthetic<br />
diamond product line. However, a<br />
representative for the company was unable<br />
to comment at the time.<br />
DANIEL<br />
BRACKEN, CEO<br />
MICHAEL HILL<br />
INTERNATIONAL<br />
Boulder Opal Awards reward jewellers<br />
The Queen of Gems International <strong>Jeweller</strong>y<br />
Design Awards have recognised leading<br />
jewellers specialising in boulder opal. Hosted<br />
by the Queensland Boulder Opal Association,<br />
the awards took place in July at the annual<br />
Opal Festival in Winton, Queensland.<br />
Angela Hampton of Hampton Fine <strong>Jeweller</strong>y<br />
& Design in Queensland’s Redland Bay was<br />
the night’s big winner. She took home the<br />
Professional Category – <strong>Jeweller</strong>y Design<br />
trophy, as well as the People’s Choice Award<br />
for her armband ‘Paradise Blue’ featuring<br />
boulder opal, sapphire and tsavorite garnet.<br />
Lilo Stadler, committee member of the<br />
annual awards, said, “Congratulations to all of<br />
‘PARADISE BLUE’ BY ANGELA HAMPTON<br />
our entrants for their passion to the Boulder<br />
Opal industry, and for once again showcasing<br />
and sharing their design ideas with us all.”<br />
First place winners in the Professional<br />
<strong>Jeweller</strong>s category received $2,000 in cash,<br />
while other categories had a $1,000 prize.<br />
Introducing a stylish collection of lockets<br />
and petite charms, finely handcrafted from<br />
solid gold, rose gold, sterling silver and<br />
gemstones.<br />
Exclusive to fine jewellery stores in<br />
Australia and New Zealand.<br />
sales@stowlockets.co.nz<br />
+64 7 281 1509<br />
stowlockets<br />
#preciousstories<br />
stowlockets.com
NEWS<br />
IN BRIEF<br />
Argyle’s new pink diamond collection<br />
*<br />
JEWELLERY COMPETITION OPEN<br />
India’s Gem & <strong>Jeweller</strong>y Export Promotion<br />
Council (GJEPC) has announced that<br />
entries are open for the Artisan <strong>Jeweller</strong>y<br />
Design Awards 2020. The competition’s<br />
theme is ‘Architectural Gems’, with<br />
categories of Art Deco, Islamic Arabesque<br />
and Neo-Futurism. The deadline for<br />
submissions is 31 <strong>October</strong> <strong>2019</strong>. For<br />
details, visit: www.theartisanawards.com.<br />
*<br />
PINK DIAMOND DETECTOR<br />
The Gemological Institute of America<br />
(GIA) has announced that its iD100<br />
Diamond Detector can now distinguish<br />
natural pinks from synthetics<br />
manufactured using both HPHT and<br />
CVD methods. <strong>Jeweller</strong>s can access<br />
the new capability by downloading<br />
a software update, priced $US249<br />
($AU362.52), for the machine.<br />
*<br />
ALROSA’S NEW APPROACH<br />
Russian mining giant Alrosa has set<br />
November as the sale date for the<br />
largest-ever Russian pink diamond. The<br />
14.83-carat stone, named ‘Spirit of the<br />
Rose’ is expected to fetch $US60 million.<br />
The mining company also put up 200<br />
natural fancy colour diamonds for sale<br />
at its True Colors auction in Hong Kong<br />
last month and has announced plans<br />
to market high-fluorescence diamonds<br />
under the brand ‘Luminous Diamonds’.<br />
*<br />
RECORD-BREAKING RING<br />
The Guinness World Record for the<br />
most diamonds set in one ring has<br />
been broken. A team of 14 people from<br />
Lakshikaa Jewels in Mumbai created the<br />
Lotus Temple Ring, an 18-carat gold ring<br />
encrusted with 7,777 white diamonds,<br />
inspired by Delhi’s Lotus Temple. It is<br />
valued at $US4.9 million ($AU7.1 million).<br />
*<br />
CORRECTION TO MY BENCH<br />
The September edition of <strong>Jeweller</strong><br />
featured a My Bench profile of Gary<br />
Thyregod. Due to a production error,<br />
the profile ran next to a photo of Gary<br />
Mouradjallian. Both jewellers are profiled<br />
in this issue with the correct photos.<br />
Turn to page 47.<br />
+ MORE BREAKING NEWS<br />
JEWELLERMAGAZINE.COM<br />
With the world’s<br />
premier source of<br />
natural pink diamonds,<br />
the Argyle Mine in<br />
Western Australia, set<br />
to close next year,<br />
parent company Rio<br />
Tinto has announced a<br />
new auction of smaller<br />
material to complement<br />
the annual Argyle<br />
Tender.<br />
While the Tender –<br />
which is this year named ‘The Quest for the<br />
Absolute’ – brings together the largest and<br />
most intensely coloured pink diamonds<br />
extracted from the mine, the new ‘Argyle Pink<br />
Everlastings Collection’ features diamonds<br />
of 0.14 carats or less, with colours across the<br />
pink spectrum.<br />
The stones are divided into 64 lots, totalling<br />
211.21 carats. Each lot carries a Certificate of<br />
Authenticity from Rio Tinto.<br />
The Everlastings Collection will tour Perth,<br />
Singapore, London and New York alongside<br />
the <strong>2019</strong> Argyle Tender, with bids closing on<br />
9 <strong>October</strong>.<br />
THE ARGYLE PINK EVERLASTINGS COLLECTION.<br />
IMAGE CREDIT: RIO TINTO<br />
Alan Chirgwin, vice-president of sales and<br />
marketing, Rio Tinto Copper & Diamonds, said<br />
in a statement, “We are delighted to offer for<br />
the first time ever this unique collection of<br />
rare Argyle pink diamonds, destined to be in<br />
strong demand by the world’s finest jewellers.<br />
“The accumulation of these diamonds from<br />
a certifiable source in various shapes, sizes<br />
and colours is the result of a painstaking<br />
endeavour, unlikely to be ever repeated.”<br />
Less than 100 carats of equivalent pink<br />
diamonds are expected to be produced by<br />
the Argyle site before its 2020 closure.<br />
New direction for Pandora <strong>Jeweller</strong>y<br />
Pandora <strong>Jeweller</strong>y’s fresh global marketing<br />
campaign, initiated by new CEO Alexander<br />
Lacik, commenced on 28 August with a<br />
celebrity- and media-focused outdoor party<br />
in Los Angeles.<br />
The DowntownLA event space was painted<br />
pink – the company’s new ‘signature colour’<br />
– for the celebration and included sculptures<br />
by female street artist C.Finley. The new, softer<br />
Pandora logo also debuted at the event,<br />
alongside the autumn <strong>2019</strong> collection.<br />
The company has since launched pinkthemed<br />
experiential marketing initiatives in<br />
Sydney’s Pitt Street shopping district and in<br />
London’s Piccadilly Circus.<br />
Emphasising the brand’s efforts to recapture<br />
the attention of younger consumers,<br />
six celebrity spokeswomen have been<br />
announced, joining Stranger Things star Millie<br />
Bobby Brown who has signed on to promote<br />
Pandora for the next two years.<br />
The women – dubbed the ‘Pandora Muses’<br />
– are: Game Of Thrones actress Nathalie<br />
Emmanuel, model Halima Aden, dancer<br />
Larsen Thompson, artist Tasya van Ree,<br />
writer and photographer Margaret Zhang<br />
and model Georgia May Jagger, who was<br />
previously the celebrity face of Thomas Sabo.<br />
They boast a combined social media reach<br />
of more than 9 million followers and have<br />
already begun promoting the brand online.<br />
In the lead up to Christmas, Pandora is also<br />
targeting the youth market with Harry Potter<br />
and Disney collections.<br />
On 5 September, Pandora also confirmed<br />
a three-year partnership with UNICEF, the<br />
United Nations’ Children’s Fund, to support<br />
child survival, education and protection<br />
initiatives. A special edition collection of<br />
jewellery will launch on 20 November –<br />
World Children’s Day – with all profits going<br />
to UNICEF.<br />
14 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
RETAIL<br />
ARA<br />
DISAPPOINTING RESULTS DO NOT A RECESSION MAKE<br />
Despite the Morrison Government’s tax<br />
cuts beginning to take effect, retailspending<br />
figures for July published<br />
by the Australian Bureau of Statistics<br />
have fallen well short of expectations.<br />
However, while the data confirm that<br />
retailers are facing tough trading<br />
conditions, the Australian Retailers<br />
Association (ARA) notes that news of a<br />
‘retail recession’ has been exaggerated.<br />
Passed by Parliament in June, the tax<br />
package put up to $1,080 in the pocket<br />
of working Australians.<br />
Not all taxpayers received the refund in July,<br />
but predictions were widely made that<br />
a boost in spending would flow through<br />
to retailers as the first wave of payments<br />
arrived in bank accounts.<br />
Coupled with the Reserve Bank of Australia’s<br />
two successive cuts to interest rates in June<br />
and July, and the increase to the minimum<br />
wage that took effect on July 1, a modest<br />
recovery was expected in the sector as more<br />
money was flowing into the economy.<br />
Yet the month-on-month retail spending<br />
figures for July showed a surprising and<br />
disappointing result – a contraction of<br />
0.13 per cent, following the 0.4 per cent<br />
rise in June.<br />
The figures are sobering, given that the<br />
‘election effect’ – the depressive impact of<br />
the May Federal election on retail spending<br />
– is well and truly over.<br />
Throughout the year, retail trade has been<br />
patchy and certain sectors are facing<br />
structural change and diminishing returns<br />
– particularly department stores. That may<br />
be dragging down the overall figures.<br />
THE ARA IS<br />
CALLING FOR<br />
CONSUMERS<br />
TO IGNORE<br />
SENSATIONALIST<br />
AND ALARMIST<br />
HEADLINES,<br />
AND NOT TO BE<br />
DISCOURAGED<br />
FROM MAKING<br />
BIG PURCHASES<br />
DUE TO<br />
UNFOUNDED<br />
RECESSION FEARS<br />
Notably, the clothing, footwear and<br />
personal accessory category – of which<br />
jewellery is part – declined by 1.36 per cent<br />
in July after June’s 1.95 per cent increase.<br />
Those gains were likely buoyed by endof-financial-year<br />
sales. Indeed, the end of<br />
the financial year could also have played<br />
a part in the July figures, as consumers<br />
reviewed their spending and planned their<br />
household budgets for the next 12 months.<br />
The continuing impact of the drought<br />
and the shift to online shopping should<br />
also be stated as significant factors<br />
impacting retail performance.<br />
The lack of willingness to spend<br />
discretionary income was reflected in a 0.73<br />
per cent fall in the cafés, restaurants and<br />
takeaway food category, while household<br />
goods and food retailing – which includes<br />
household groceries – saw a slight uptick.<br />
But while the figures are dispiriting for the<br />
hard-hit retail trade, the ARA rejects talk of<br />
a ‘retail recession’.<br />
The definition of a recession is two quarters<br />
of negative growth, rather than one month<br />
of anaemic trade. With the bulk of tax<br />
refunds arriving in August, the next round<br />
of figures are likely to show improvement.<br />
Meanwhile, annual retail sector growth is at<br />
2.36 per cent, with improving conditions in<br />
Western Australia and Tasmania as well as<br />
steady results in Victoria and Queensland,<br />
the two states that together make up<br />
44 per cent of Australia’s population.<br />
In order to stave off recession, the<br />
ARA is calling for consumers to ignore<br />
sensationalist and alarmist headlines,<br />
and not to be discouraged from making<br />
big purchases due to unfounded<br />
recession fears.<br />
Consumers should feel confident enough<br />
to spend their tax cuts on products and<br />
services at local retail businesses – for<br />
example, a piece of jewellery they<br />
have been window shopping for months.<br />
This will provide a welcome boost to<br />
the economy.<br />
With retail being Australia’s largest<br />
private-sector employer and the bedrock<br />
of the Australian economy, it is vital that<br />
consumer confidence is allowed to flourish.<br />
To that end, the ARA also calls on<br />
policymakers on both sides of Parliament<br />
to explore all stimulatory measures possible<br />
in order to get growth going again. i<br />
RUSSELL ZIMMERMAN is<br />
is the executive director<br />
of the Australian Retailers<br />
Association (ARA).<br />
Email: info@retail.org.au<br />
The Australian Retailers Association (ARA) is the largest association representing the country’s<br />
$310 billion retail sector, which employs more than 1.2 million people. Providing expert advice<br />
across multiple disciplines including leasing and wage rates, the ARA’s mission is to ensure<br />
retail success by informing, protecting, advocating, educating and saving money for members.<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 15
NEW PRODUCTS<br />
HERE, JEWELLER HAS COMPILED A SNAPSHOT OF THE LATEST PRODUCTS TO HIT THE MARKET.<br />
IKECHO AUSTRALIA<br />
Ikecho Australia introduces the sterling silver,<br />
white button 5.5-6mm freshwater pearl and<br />
14-carat, 3-micron plated cubic zirconia hook<br />
earrings with matching 7-7.5mm freshwater<br />
pearl pendant. Visit: ikecho.com.au<br />
MAURICE LACROIX<br />
Renowned for its high-quality designs and innovation, watch brand Maurice Lacroix has worked the Swissmade<br />
AIKON model to give it finishings of unparalleled perceived value. Visit: westendcollection.com.<br />
LES GEORGETTES<br />
BY ALTESSE<br />
STONES<br />
& SILVER<br />
The new addition to the Les Georgettes by<br />
Altesse collection is the Garden cuff 25mm in rose<br />
gold, with coral/taupe reversible leather insert.<br />
Visit: lesgeorgettes.com<br />
BRONZALLURE<br />
This Oval Adjustable Ring from Bronzallure features<br />
a certified natural amazonite stone and the brand’s<br />
signature Golden Rosé metal alloy. 100 per cent<br />
made in Italy. Visit: dgau.com.au<br />
This 925 sterling silver<br />
spin ring pendant<br />
measures 35x20mm<br />
and comes with a<br />
65cm chain with<br />
4cm extension. Visit:<br />
stonesandsilver.com.au<br />
CLUSE<br />
Cluse introduces new special edition<br />
gift sets for men and women: the Rose<br />
Gold Triomphe & Bracelet Gift Set and<br />
the Aravis Mens Silver/Grey/Black<br />
Watch & Silver Mesh Strap Gift Set.<br />
Visit: heartandgrace.com.au<br />
FABULEUX<br />
VOUS<br />
Leading on from the trends<br />
in the US and Europe,<br />
the Maria collection is<br />
a celebration of colour!<br />
Precious stones – including<br />
peridot, citrine, amethyst,<br />
apatite and sapphire – are<br />
hand-wired with sterling<br />
silver to create feminine<br />
pieces of art. Visit:<br />
fabuleuxvous.com<br />
16 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
INTERNATIONAL JEWELLERY & WATCH FAIR<br />
DARREN, JENNY AND LARRY SHER<br />
LEANNE HOLME, PETER BECK, JENNIFER VAN DEN BROEK<br />
AND OLIVIA BAIRD<br />
JOHN ROSE AND GINA SCHAEFER<br />
Sydney Fair<br />
unifies jewellery industry<br />
THIS YEAR’S INTERNATIONAL JEWELLERY & WATCH FAIR HAS BEEN PRAISED FOR<br />
BRINGING TOGETHER RETAILERS, BUYING GROUPS AND SUPPLIERS<br />
t’s appropriate that the theme of the <strong>2019</strong> International <strong>Jeweller</strong>y & Watch<br />
Fair (IJWF) was ‘Unity’ as the event brought together Nationwide <strong>Jeweller</strong>s,<br />
Showcase <strong>Jeweller</strong>s and Leading Edge <strong>Jeweller</strong>s’ buying days under one<br />
roof for the first time.<br />
Amid tough trading conditions, exhibitors and visitors welcomed the decision<br />
to create a single buying event for the industry, which relieved some of the<br />
pressure on suppliers and boosted foot traffic.<br />
Expertise Events general manager Joshua Zarb described the overall<br />
atmosphere throughout the event as “overwhelmingly positive”. “It was so nice<br />
to see everyone really pull together; it made for a relaxed but still exciting show,”<br />
Zarb added.<br />
Duraflex Group Australia managing director Phil Edwards agreed, saying, “My<br />
impression of the fair was very positive. It had a good vide and, as always, was<br />
well organised by Expertise Events.”<br />
Edwards praised the decision to have all three groups buying at the fair as<br />
“excellent and about time”, adding, “It is essential for the trade that this type of<br />
unity remains.”<br />
Chris Worth, business development manager at Worth & Douglas, said the fair<br />
seemed “more positive on the floor and the numbers seemed good as well”,<br />
adding that he preferred this year to the 2018 event.<br />
Steve der Bedrossian, CEO of SAMS Group Australia, echoed the sentiments of<br />
unity, saying, “It’s nice to see everyone in the same place; it was a lot easier, that’s<br />
for sure. More efficient and the numbers seem to be good as well.”<br />
The presence of all three buying groups unequivocally helped visitor numbers,<br />
according to Ken Abbott, managing director of Timesupply.<br />
“It’s been a great fair, as usual. We are seeing more people coming through who<br />
probably would have gone to buying days,” he said. “It’s good having all three<br />
[buying groups] under one roof.”<br />
At the West End Collection booth, business was bustling.<br />
“We were very successful this year; we had a lot of new brands to offer and<br />
exclusive new releases to show,” managing director John Rose said. “When you’re<br />
giving the retailers something exciting and meaningful, it makes it better for<br />
them and better for us as well.”<br />
While Rose said numbers were about the same as the 2018 show, he did notice<br />
that the consolidated show “drew a lot more of the buying-group members<br />
along, which was definitely a good thing”.<br />
“We showed 15 different brands at the fair and it’s much nicer for us to show our<br />
products in a big beautiful display,” Rose added. “At buying days, we don’t have<br />
enough room and time to show them all so it’s hard to tell the full story of the<br />
brand you’re representing.”<br />
At the Peter W Beck booth, the sentiment was equally upbeat. “It feels livelier<br />
and there’s a better vibe in general, more positive,” marketing co-ordinator Olivia<br />
Baird said. “There are more people around and I think having all three buying<br />
groups is a massive reason why. It was a great move.”<br />
Some exhibitors did find it more challenging. “I think it’s brilliant [to have all three<br />
buying groups at the fair] but we did expect, having normally done three buying<br />
days in advance, there would be a greater spend [at the fair],” Helen Thompson-<br />
Carter, managing director of New Zealand-based Fabuleux Vous, said.<br />
Fabuleux Vous had a bumper event in 2018 but Thompson-Carter said this year<br />
was quieter, adding that Australian retailers seemed more apprehensive due to<br />
depressed retail conditions, especially in the drought-affected regional areas.<br />
Der Bedrossian also noted the impact of the drought: “A lot of the people here<br />
are from regional areas; a lot of our business comes from mum-and-pop stores<br />
there and the drought really affects them. I think the industry has turned a<br />
corner and there’s more of a positive attitude – as long as we get some rain in<br />
the country areas, where the strength is.”<br />
Edwards said of DGA’s results, “I felt overall numbers were down from previous<br />
years but for those that did attend, I felt they were positive and willing to be<br />
pro-active for their business in the current difficult retail environment.”<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 17
Stay where you are & survive or,<br />
make the change &<br />
THRIVE!<br />
Here at Showcase <strong>Jeweller</strong>s, we are ALL about members; we’re a member<br />
owned organisation, and it’s been that way for over 38 years now!<br />
We have a long established, comprehensive management structure in place<br />
with some of the most experienced heads in the industry, all working together<br />
as a support office for members. We are proud to provide our members support<br />
and the tools to navigate their way through retail, sales, product knowledge,<br />
policies, operations, marketing and of course the wide digital arena.<br />
Contact us today<br />
We’re ready when you are. So if you think it’s time to get serious about where<br />
you’re going, email us today. Our team will be happy to show you how we can<br />
grow your business together.<br />
enquiries@showcasejewellers.com.au<br />
www.showcasejewellers.com.au<br />
MAKE THE CHOICE TO THRIVE AND BECOME A SHOWCASE MEMBER TODAY<br />
Experienced Head Office Staff Members<br />
No Joining Fee or Ongoing Monthly Management fees<br />
Establishment Loan, charged over 6 months.<br />
100% refundable should you ever choose to leave<br />
We will move or create your website on your behalf,<br />
at no charge. You will have complete ownership rights.<br />
Different membership options available to suit<br />
your business model<br />
We have negotiated the best supplier discounts<br />
for members, we know this is critical for you!<br />
Industry leading, quality and comprehensive<br />
digital resources<br />
DURAFLEX GROUP AUSTRALIA<br />
Meanwhile Darren Roberts, managing director Cudworth Enterprises,<br />
said this year’s event “was not too bad – about the same as<br />
last year”. “While it’s pleasing that we’re all together, we [suppliers]<br />
need support from the retailers now that we’re all under one roof,”<br />
he added.<br />
Results were also steady for Moda Group. “The fair was different<br />
to last year; this year we picked up on the second day,” managing<br />
director Trent McKean told <strong>Jeweller</strong>. “I’d say sales are quite similar and<br />
we did bring a different mix of our brands to last year.<br />
“Having all three buying groups here was much better for us,”<br />
he added. ”For us as wholesalers, not doing all the other buying<br />
meetings beforehand lets us be more organised for the Fair.”<br />
Hampar Erdogan, CEO Golden Mile <strong>Jeweller</strong>y, noticed a similar<br />
pattern of traffic: “It started off quite slowly on the Saturday then<br />
picked up quite quickly. It was better than last year – last year was<br />
quite sparse.”<br />
The buzz on the floor on the opening day was excellent as visitors<br />
streamed in early in the morning and a steady flow continued<br />
throughout the day. Most exhibitors said the show was more upbeat<br />
than expected and they’d seen improved business from last year.<br />
One of them was David Paterson, managing director Paterson Fine<br />
<strong>Jeweller</strong>y: “I’ve been very impressed – last year we were okay, and<br />
this year has definitely exceeded last year,” he said.<br />
Nick Hoogwerf, representing New Zealand supplier Kagi <strong>Jeweller</strong>y,<br />
told <strong>Jeweller</strong> the IJWF made a great first impression: “It’s been really<br />
good. We’ve been able to connect with new customers and other<br />
suppliers, which is fantastic,” he said, adding that the next 12 months<br />
should see the industry become “more aligned so everybody can<br />
work together and grow together”.<br />
The buying groups also reported positive results. Colin Pocklington,<br />
managing director Nationwide <strong>Jeweller</strong>s, said 90 per cent of the<br />
suppliers he spoke to were very happy with the results, which<br />
were aided by having all of the group members present: “One large<br />
supplier said his only problem was not enough staff to handle all of<br />
the orders!”<br />
Erdogan also believes suppliers may have struggled to see everyone,<br />
especially clients they would’ve previously met with at the traditional<br />
buying days.<br />
‘We cannot thank Carson and the rest of the Showcase Family enough for making us feel so<br />
special. We are so excited to be on this journey with Showcase. Thank you for welcoming us<br />
with open arms!’ - The most recent member to join our Showcase <strong>Jeweller</strong>s family
INTERNATIONAL JEWELLERY & WATCH FAIR<br />
TIMESUPPLY<br />
“There are a lot more people as a result; however, we used to get<br />
quite a few orders on the buying days. Only having four sales reps<br />
here means we have seen clients walk past and not be able to<br />
place their orders. They leave messages for the reps to come and<br />
see them in store but normally we’d be getting those orders here,”<br />
he explained.<br />
Pocklington added that numbers were good: “We had 182 stores<br />
here, up on last year’s 160 stores, and our comprehensive program<br />
had something for everyone, which no doubt contributed to the<br />
strong attendance.<br />
“We also had more major initiatives to launch this year – in particular<br />
our new digital platform, which has been embraced by members.<br />
There has also been strong interest in our new shop-insurance<br />
scheme, which will deliver significant savings to members.”<br />
Carson Webb, managing director Showcase <strong>Jeweller</strong>s, had an equally<br />
positive outlook on merging the buying days into the fair.<br />
“We really had to all come together and give it a real go for success<br />
this year. It is tough out there and this certainly made things easier<br />
for our suppliers to see everyone in one location,” he told <strong>Jeweller</strong>.<br />
“We had a great event – each of our training days, member and<br />
supplier dinners sold out! It was one of our best conferences to date<br />
and we were about 25 per cent up in member attendance.”<br />
For Webb, there was “no comparison” between 2018 and <strong>2019</strong>: “This<br />
year was much better. It’s tough retailing at present for all of us and<br />
it’s not down to suppliers or event organisers; it’s just really difficult.<br />
“We are all feeling the domino effect of what retailers are going<br />
through at store level. This fair was a fabulous event and I commend<br />
the hard work put in by Expertise Events to create a great<br />
atmosphere for us,” Webb added.<br />
“I’m sure there’ll still be some tweaks as we trade through uncertain<br />
times; however, everything seems to be pointing towards a more<br />
positive 2020 ahead for retail.”<br />
Looking ahead to the challenges of the next 12 months, it is<br />
clear that the IJWF in Sydney provided a much-needed sense of<br />
community and purpose in the jewellery industry.<br />
Looking ahead, retailers, suppliers and buying groups must<br />
continue to embrace new strategies, positive thinking and forward<br />
momentum in order to overcome tough conditions. i<br />
Swiss made chronograph<br />
Proudly distributed by<br />
02 9417 0177 | www.dgau.com.au
INTERNATIONAL JEWELLERY & WATCH FAIR<br />
WORKSHOPS AND SEMINARS<br />
Fair organisers Expertise Events ensured<br />
education was a priority at this year’s Fair,<br />
offering workshops and seminars under<br />
the IJWF Create and IJWF Talks banners.<br />
Retailers looking to boost both online<br />
and in-store traffic were well served by<br />
an in-depth presentation from Podium’s<br />
Taylor Cutler. The session focused on<br />
managing reviews and boosting your<br />
business’ Google presence when potential<br />
customers search ‘best’ and ‘near me’.<br />
Ian Cunningham from retail designers<br />
ID Solutions brought fresh insights to<br />
bricks-and-mortar retailing. Cunningham<br />
stressed the importance of creating a<br />
“unique, branded experience” in store<br />
as well as online.<br />
He described the retail jewellery store of<br />
the future as a “sanctuary” that seeks to<br />
foster customer connection through tactile<br />
elements, emotional imagery and a design<br />
that funnels people through the store.<br />
One of the most popular of the IJWF Talks<br />
series was a special question-and-answer<br />
session on promoting manufacturing<br />
and custom design. Panellists included<br />
Vince Bonfa from Janai Jewels, Pallion’s<br />
Chris Botha, Lester Brand, Georgina Staley<br />
of Georgies Fine <strong>Jeweller</strong>y, Bolton Gems<br />
founder Brett Bolton, Podium Australia’s<br />
Steven Garcia, Greg Lilly from Diamond &<br />
Co in New Zealand and Romel Santos of<br />
Santos Customs.<br />
Attendees were given insights into<br />
challenges like the sales spiral, internet<br />
price-matching, creating enriched<br />
experiences, margin erosion and turning<br />
customers into ‘super endorsers’.<br />
Finally, the topic of lab-grown diamonds<br />
sparked lively debate. “I particularly liked<br />
that education was offered in various<br />
forms, aimed at people improving their<br />
business,” Staley told <strong>Jeweller</strong>.<br />
“Lab-grown diamonds will be a<br />
controversial topic for a while to come<br />
until they find their place in our market.<br />
The best thing a jeweller can do is educate<br />
yourself about them, then decide if they<br />
are right for your business.”<br />
Several members of the panel<br />
recommended buying a diamond detector.<br />
THE PANEL TAKES QUESTIONS AT THE ‘MARKETING STRATEGIES FOR MANUFACTURING JEWELLERS’<br />
QUESTION-AND-ANSWER SESSION.<br />
Meanwhile, the IJWF Create workshops<br />
were a popular addition to the fair.<br />
Samantha Kelly, who taught the sketching<br />
sessions, told <strong>Jeweller</strong>, “Every attendee did<br />
a really amazing job and I was beyond<br />
impressed. It was incredible to see the<br />
different ways people visualise designs.”<br />
Meanwhile George Palos, who presented<br />
the coloured gemstones workshop, said<br />
they were “very well attended, with the<br />
Saturday session full and the Monday<br />
session oversold.”<br />
The watch-repair workshop hosted by<br />
Grant Menzies was also a success.<br />
TROPHIES GALORE<br />
The <strong>2019</strong> Lexus Melbourne Cup was a hit<br />
at the Pallion stand. Crowds gathered for a<br />
photo opportunity with what is arguably<br />
the nation’s most iconic trophy. The<br />
‘Loving Cup’ design is celebrating its 100th<br />
anniversary this year and is produced by<br />
Pallion subsidiary ABC Bullion.<br />
Finally, the second edition of the <strong>Jeweller</strong>y<br />
Design Awards were also held during the<br />
fair, giving recognition to the most creative<br />
designs from the nation’s professional<br />
jewellers and apprentices.<br />
For a full list of the winners turn to page 22.<br />
Christian Paul<br />
SYDNEY
AND THE<br />
WINNER IS…<br />
THE JEWELLERY DESIGN AWARDS WAS<br />
ONE OF THE MOST HIGHLY ANTICIPATED<br />
EVENTS AT THIS YEAR’S INTERNATIONAL<br />
JEWELLERY & WATCH FAIR. READ ON TO<br />
DISCOVER THE SUCCESSFUL COMPETITORS,<br />
INCLUDING SOME FAMILIAR FACES AND<br />
PROMISING YOUNG TALENTS<br />
ith its second edition, the <strong>Jeweller</strong>y Design Awards (JDA)<br />
cemented its reputation as a highlight of the International<br />
<strong>Jeweller</strong>y & Watch Fair in <strong>2019</strong>. The ceremony took place on<br />
Sunday 25 August on the show floor at the ICC Exhibition<br />
Centre in Darling Harbour, with a full crowd gathering for the<br />
prize giving and canapé reception.<br />
Gary Fitz-Roy, managing director Expertise Events, hosted the awards,<br />
introducing the 44 finalists across the 10 categories. Meanwhile jewellery<br />
industry veteran Lester Brand – one of the three judges, alongside David Ole and<br />
Brett Low – was on hand to welcome everyone to the event.<br />
Brand told <strong>Jeweller</strong> he found it hardest to select a winner for the Diamond<br />
Award, which eventually went to the night’s only double success: Matthew Ely,<br />
of Matthew Ely <strong>Jeweller</strong>s in Sydney’s Woollahra.<br />
He won with ‘Ballare’, a pink and white diamond dress ring inspired by the tutu<br />
of a ballerina, which was aimed at “challenging the traditional cluster with pear<br />
shape diamonds making the outer skirt”. “The underside of this cluster is directly<br />
inspired by a Gothic cathedral in the hand-carved basket,” Ely added.<br />
He also took home the Pearl Award for his ‘Chinese Fan South Sea Pearl Ring’<br />
featuring a magnificent Autore South Sea pearl from a million-dollar strand, set<br />
in 18-carat white gold. The piece was “inspired by the folding arms of a Chinese<br />
fan while cupping the pearl like a shell. Clean and simple lines were designed to<br />
showcase the pearl at its best.”<br />
Ely told <strong>Jeweller</strong>: “It is always an honour to be a finalist for any award, let alone<br />
win. I was absolutely thrilled to have two pieces win.”<br />
Meanwhile, judge Ole praised the quality of all this year’s entrants, saying, “The<br />
standard of creativity and workmanship was very high.” For him, the Coloured<br />
Gemstone category was the hardest to choose a winner from, due to the<br />
innovative designs presented.<br />
Low agreed, telling <strong>Jeweller</strong>, “The colour gemstone categories [at jewellery<br />
competitions] are always my favourite and also the hardest to judge. It is great to<br />
see more coloured gems being used in the Australian market.”<br />
He added that this year’s competition entries showed “some clear standout<br />
pieces using both handmade and CAD methods of manufacturing.”<br />
The Coloured Gemstone Award eventually went to Mindika Haddagoda for ‘Tulips’,<br />
a pendant featuring Ceylon blue, yellow and pink sapphire, ruby and diamond.<br />
“I am humbled, grateful and very happy about it,” Haddagoda said of his win,<br />
adding that the main challenge of creating a winning coloured gemstone piece<br />
was “to get the colours to contrast stylishly. I also wanted to create a pendant that<br />
can be worn in many different ways to give maximum benefit to the consumer.”<br />
Haddagoda previously took out the CAD/CAM/Cast Award in the 2017 edition<br />
of the competition. Looking ahead to the next JDA, the jeweller revealed, “I will<br />
try to win [again]. I think the <strong>Jeweller</strong>y Design Awards are a wonderful event<br />
for the jewellery industry in Australia and New Zealand. I would like to take this<br />
opportunity say thank you in every possible way to all the staff of Expertise<br />
Events and <strong>Jeweller</strong> magazine for all their hard work.”<br />
Jason Ree was also a repeat winner. After triumphing in the Precious Metal<br />
and Fair Visitor Choice sections two years ago, he took out the Men’s <strong>Jeweller</strong>y<br />
& Accessories category with ‘Kikkou’ – a ring featuring an Australian bi-colour<br />
sapphire and the mokume gane metalworking technique.<br />
When it came to selecting the winners across the categories, Ole revealed the<br />
judges agreed on “95 per cent” of the top choices, with Low adding that they<br />
“generally had a similar top two or three pieces. We then would discuss our<br />
opinions until a clear winner was chosen.”<br />
This year’s awards boasted a $20,000 prize pool including cash, equipment and<br />
gemstones. Representatives from the sponsors of each category were invited<br />
to announce the winners and present them with their prizes. The next JDA is<br />
scheduled to take place in 2021. i<br />
Turn the page to see the winning pieces and their creators.<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 21
1ST & 2ND YEAR<br />
APPRENTICE/STUDENT AWARD<br />
3RD & 4TH YEAR<br />
APPRENTICE/STUDENT AWARD<br />
Presented by: Basky Narayanan<br />
Winner: Bradley Pike, ‘Griffin’<br />
Materials used: Sterling silver,<br />
petrified wood, citrine<br />
Sponsored by:<br />
Presented by: Basky Narayanan<br />
Winner:<br />
Eileen Leahy, ‘Transformation of a Moth’<br />
Materials used:<br />
9-carat yellow gold, sterling silver,<br />
titanium, onyx<br />
Sponsored by:<br />
AUSTRALIAN OPAL AWARD<br />
BRIDAL AWARD<br />
Presented by: Clayton Peer<br />
Winner: Cindy Xu, ‘Icy Conversation’<br />
Materials used: 18-carat gold, boulder opal,<br />
mother of pearl, diamond<br />
Sponsored by:<br />
Presented by: Craig Miller<br />
Winner: Ben Tracy, ‘Diamond Fantasie’<br />
Materials used: Platinum, diamond<br />
Sponsored by:<br />
22 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
CAD/CAM/CAST AWARD<br />
COLOURED GEMSTONE AWARD<br />
Presented by: Jenny Sher<br />
Winner: Matt Sime, ‘The Cathedral of Vasily<br />
the Blessed’; accepted by Natalie Corke<br />
Materials used: 9-carat yellow gold<br />
Sponsored by:<br />
Presented by: Mark McAskill<br />
Winner: Mindika Haddagoda, ‘Tulips’<br />
Materials used: 18-carat white and yellow gold,<br />
Ceylon blue, pink and yellow sapphire, ruby, diamond<br />
Sponsored by:
DIAMOND AWARD<br />
PEARL AWARD<br />
FEATURING THE<br />
DELICATE PINK TONE OF<br />
ARGYLE PINK DIAMONDS<br />
Presented by:<br />
Steve der Bedrossian<br />
Winner: Matthew Ely, ‘Ballare’<br />
Materials used: 18-carat white and rose gold, pink<br />
and white diamond<br />
Sponsored by:<br />
Presented by:<br />
Erica Miller<br />
Winner: Matthew Ely, ‘Chinese Fan South Sea Pearl Ring’<br />
Materials used: 18-carat white gold, South Sea pearl,<br />
diamond<br />
Sponsored by:<br />
MEN’S JEWELLERY & ACCESSORIES AWARD<br />
Presented by: Grant Menzies<br />
Winner: Jason Ree, ‘Kikkou’<br />
Materials used: 18-carat green<br />
and yellow gold, 14-carat red gold,<br />
platinum, Australian bi-colour<br />
sapphire<br />
Sponsored by:<br />
PRECIOUS METAL AWARD<br />
Presented by: Lester Brand<br />
Winner: Paul Amey, ‘Pink Mist’’<br />
Materials used: 18-carat yellow gold, platinum,<br />
pink and white diamond, Keshi pearl<br />
Sponsored by:<br />
SAMS GROUP<br />
AUSTRALIA<br />
E pink@samsgroup.com.au<br />
W samsgroup.com.au<br />
P 02 9290 2199
COLOURED GEMSTONES<br />
GEMFIELDS<br />
CRACKING THE COLOUR CODE<br />
COLOURED GEMSTONES ARE FIRING UP THE JEWELLERY INDUSTRY.<br />
ARABELLA RODEN EXPLORES THE RAINBOW OF OPPORTUNITIES PRESENTED<br />
BY THIS INCREASINGLY POPULAR CATEGORY<br />
ith the diamond category facing tumultuous times, some in<br />
the jewellery industry are looking to coloured gemstones<br />
where product can provide better margins, reduced<br />
competition, creative design and, crucially, enthusiastic<br />
consumers at every price point.<br />
Terry Coldham, patron of the Gemmological Association of Australia, believes<br />
coloured gemstones are “more popular than ever”.<br />
“There is more material available in an ever-increasing variety of types, qualities<br />
and cuts,” he says. “Retailers are increasing sales and meeting those demands for<br />
something special by stocking an interesting range of coloured gemstones.”<br />
The most recent edition of the Knight Frank Luxury Investments Index, compiled<br />
by the London-based consultancy, found that coloured gemstones had<br />
significantly outperformed the rest of the jewellery industry over the past 10 years.<br />
“A decade ago, diamonds were widely perceived by consumers to be the most<br />
prestigious of gems. Today, the swing toward precious coloured gemstones is<br />
overwhelming,” Sean Gilbertson, CEO Gemfields, says. “The last decade has seen<br />
the world record prices for an emerald and a ruby surpass that of a colourless<br />
diamond on a per carat basis.”<br />
He adds, “People often forget that the well-known laws of supply and demand<br />
apply to ‘efficient markets’ – a term that cannot yet be used for the coloured<br />
gemstone sector. Gemfields’ Kagem emerald mine in Zambia is a case in point:<br />
over the last decade its gemstone production has tripled, while the prices received<br />
have increased more than six-fold.”<br />
O’Neils Affiliated director Brendan McCreesh explains: “A 2-carat ruby, for example,<br />
has the ability to increase in value exponentially over the years – far greater than<br />
the increase in value of diamond. This can be utilised as a selling tactic to increase<br />
high-value sales.”<br />
O’NEILS AFFILIATED<br />
McCreesh notes that the trend is currently for<br />
teal and pink sapphire and tourmaline,<br />
morganite, and yellow gemstones. “The<br />
demand for custom-designed jewellery<br />
requiring larger coloured stones is also<br />
at an all-time high,” he adds.<br />
“We are seeing a global trend of vibrancy and colour, using semi-precious<br />
and precious stones, with a combination of metals – anything goes,” agrees<br />
Helen Thompson-Carter, director Fabuleux Vous. As a result, the New Zealandbased<br />
supplier’s latest collection, Maria, features sapphire, ruby, citrine, peridot,<br />
tourmaline and apatite combined with baroque and freshwater pearls.<br />
George Palos, managing director Facets Australia and the presenter of the<br />
Appreciating Coloured Gemstones workshop at this year’s International <strong>Jeweller</strong>y<br />
& Watch Fair, says coloured gems also create a point of difference.<br />
“JEWELLERS KEENLY UNDERSTAND THAT<br />
DIAMONDS ARE THEIR BREAD AND BUTTER,<br />
HOWEVER COLOURED GEMSTONES NOT ONLY<br />
MAKE DISPLAYS MORE VISUALLY EXCITING BUT<br />
ALSO OFFER HIGHER MARGINS.”<br />
“The reason coloured stones are very much in fashion with retailers at the<br />
moment is that it is next to impossible to draw comparisons with stones offered<br />
by competitors,” he explains, adding that retailers are looking to coloured gems to<br />
supplement shrinking diamond margins.<br />
Moving into the coloured gemstones category has paid off for Ikecho Australia,<br />
which added an opal collection to its pearl-focused jewellery line in early 2018.<br />
“It started a bit slow in the beginning but once we got feedback from our<br />
customers and incorporated that feedback for future designs, the response has<br />
been great and customers want more,” founder Erica Miller says.<br />
Indeed, coloured gemstones represent a world of potential that’s waiting to be<br />
fully embraced.<br />
COMPARE AND CONTRAST<br />
Unlike diamonds, coloured gemstones cannot be easily valued by a Rapaport-style<br />
price list. Instead, diverse factors determine their value such as colour and intensity,<br />
size, country of origin and rarity.<br />
BRENDAN MCCREESH, O’NEILS AFFILIATED<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 25
COLOURED GEMSTONES<br />
20 th<br />
ANNIVERSARY<br />
SINCE 1999<br />
“<strong>Jeweller</strong>s keenly understand that diamonds are their bread and butter,<br />
however coloured stones not only make displays more visually exciting<br />
but also offer higher margins,” McCreesh explains. “Stocking a good<br />
range of coloured stones is always going to provide a stimulating point<br />
of difference for a business.”<br />
Damien Cody, co-director of Cody Opal and vice-president of the<br />
International Coloured Gemstone Association (ICA), adds, “Unlike<br />
diamonds, coloured gemstones have not been commoditised.<br />
Retailers can provide an almost infinite gem colour palette and a<br />
bespoke jewellery purchasing experience, all of which translates to<br />
much better margins.”<br />
Smaller rough stones have become a significant niche for some<br />
manufacturing jewellers as they create a unique finished effect.<br />
Charles Lawson, director of Lawson Gems in Brisbane, says there is a<br />
“steady flow of customers seeking out small rough gems, usually in<br />
sapphire or ruby, for use as rough in jewellery – often more specifically<br />
for ‘casting in place’.”<br />
Spring/Summer<br />
Classic and Elegance that will last a lifetime.<br />
He adds that the market demand for ‘smalls’ that would otherwise be<br />
considered excess is a positive outcome.<br />
That’s the case at Fabuleux Vous, with Thompson-Carter telling <strong>Jeweller</strong>,<br />
“One of the greatest appeals of coloured gemstones is the ability to<br />
create something unique, to be bold, without having to use larger<br />
stones. I love the way gemstones come in so many different shapes,<br />
sizes and cuts, and they are affordable.”<br />
Indeed, in an increasingly polarised market, coloured gemstones offer<br />
retail jewellers the opportunity to sell at both ends of the market. The<br />
combination of stagnant wage growth and internet price-matching<br />
has driven some consumers to seek out cheaper jewellery. In general,<br />
these customers are less concerned with quality but are still seeking<br />
aesthetically-pleasing and interesting pieces.<br />
To satisfy this market, more abundant natural gems like quartz, agate,<br />
onyx and turquoise are an attractive option for jewellers.<br />
Doron Berger, director Blue Turtles, tells <strong>Jeweller</strong>, “Semi-precious gems<br />
are a huge category that knows no bounds. There are a large variety of<br />
gems that are always in high demand, regardless of fashion or seasonal<br />
trends: rainbow moonstone, amethyst, moldavite and Herkimer<br />
diamond [a type of double-terminated quartz], for example.<br />
“There are myriad gems that aren’t diamonds, emeralds, sapphires or<br />
rubies but their beauty is astounding,” he adds.<br />
CHOOSING COLOUR<br />
Creatively, coloured gemstones offer great potential for manufacturing<br />
jewellers to show their skills; rainbow rings, gradient designs, clusters<br />
and pendants have all become fashionable in recent years. These gems<br />
also have a compelling emotional connection. “For many people, the<br />
process of purchasing a fine coloured gemstone is filled with a sense<br />
of discovery – one that is truly thrilling,” McCreesh explains.<br />
+61 2 9266 0636 +61 2 9266 0969<br />
Gemfields gemmologist Elena Basaglia agrees, saying, “No other gems<br />
quite channel the mystery and magic of centuries of kings, maharajas,<br />
pashas, queens and tsars in the same way as ‘the big three’.”<br />
enquiries@ikecho.com.au<br />
www.ikecho.com.au
BATTLING MISCONCEPTIONS<br />
As the coloured gemstone category has<br />
matured, jewellers have increased their<br />
knowledge of coloured gemstones. However,<br />
with the rise of the internet, consumers are<br />
also more informed – and misinformed – than<br />
ever, meaning continuing education for retail<br />
jewellers is crucial.<br />
“Our experienced team of gemmologists<br />
at O’Neils Affiliated is always here to assist<br />
with the more complex queries; however,<br />
experienced sales staff with a gemmological<br />
understanding within a retail environment<br />
are also essential to assist the discerning<br />
customer,” director Brendan McCreesh advises.<br />
When it comes to the public, he points to two<br />
key areas of confusion: scarcity and hardness.<br />
“The concept of rarity is often misunderstood,<br />
largely due to the term being so subjective.<br />
Are diamonds rare? It depends on your point<br />
of view,” he explains. “In comparison, it would<br />
be fair to say that rubies are certainly far rarer<br />
– ruby mines are dwindling due to material<br />
depletion; many have shut down in the past<br />
20 years yet many new diamond deposits<br />
have been discovered.”<br />
Additionally, McCreesh says it’s important to<br />
understand that hardness and durability are<br />
not the same. “A misconception regarding<br />
hardness and durability has caused many<br />
a retail sale for fall through,” he says. ”<br />
There is a vast world of jaw-droppingly<br />
beautiful gemstones out there that people<br />
unnecessarily dismiss due to some misguided<br />
and unfounded concept of hardness. There<br />
are many jewellery purchases where there is<br />
no need for hardness to be front-of-mind.”<br />
Indeed, Charles Lawson, director of Lawson<br />
Gems in Brisbane, has also faced the challenge<br />
of correcting misconceptions about hardness.<br />
“Some stones get a bad rap for being soft or<br />
brittle, for example, apatite, kyanite, zircon<br />
and opal,” he says. “When compared to<br />
corundum or diamond they are exponentially<br />
softer; however, when compared to pearl<br />
– one of the most popular gems – they are<br />
exponentially harder, yet they are overlooked.”<br />
Another misperception is that all treatments<br />
are undesirable. “Heat-treating has been<br />
around for the last 500 years or so and is a<br />
completely stable treatment when done<br />
properly,” Lawson explains. “The problem<br />
occurs when disclosure is not given.”<br />
Finally, the misguided<br />
idea that coloured<br />
gemstones represent an<br />
investment opportunity<br />
similar to natural<br />
fancy-colour diamonds<br />
continues to persist.<br />
CLOCKWISE<br />
FROM TOP: FACETS<br />
AUSTRALIA, CODY<br />
OPAL, FACETS<br />
AUSTRALIA<br />
“It would be akin to<br />
investing in art with no idea of what you are<br />
doing,” Lawson says. He recommends studying<br />
with gemmological associations in Australia<br />
(GAA), the UK (Gem-A) or the USA (GIA).<br />
GAA patron Terry Coldham also advises<br />
retailers to consider undertaking a<br />
gemmology course: “A course of study<br />
will provide retailers with the background<br />
information on a very wide variety of<br />
gemstones: where they come from, their<br />
properties and most importantly their stories.<br />
In the customer’s eyes, you are not then just a<br />
sales assistant but an expert advisor.”<br />
Meanwhile, Damien Cody, co-director of Cody<br />
Opal and vice-president of the International<br />
Coloured Gemstone Association (ICA)<br />
emphasises the role of the ICA in promoting<br />
the coloured-gemstone industry through<br />
awareness and education. Its biannual<br />
Congress is scheduled to take place this<br />
month in Bangkok, Thailand.<br />
The event, which runs from 12–15 <strong>October</strong>, is<br />
themed ‘Ruby: Eternal Love’ and will include<br />
presentations from “a broad spectrum of<br />
industry experts from around the globe,<br />
covering topics including mining, cutting,<br />
marketing, distribution, ethics, design and<br />
gemmology. There will be a strong focus on<br />
artisanal mining,” Cody reveals.<br />
Closer to home, the new Australian Opal<br />
Centre (AOC) project at Lightning Ridge is<br />
already taking shape, having secured<br />
$17 million in state and federal funding<br />
earlier this year.<br />
“The AOC is the most important development<br />
the Australian gemstone industry has<br />
ever undertaken,” says Coldham, who is a<br />
foundation member of the centre.<br />
“The AOC will certainly create more interest<br />
in opal with local consumers and significantly<br />
increase visitor numbers to the opal fields.<br />
More importantly the AOC will become a<br />
symbol for the Australian opal industry and a<br />
tool for promotion of our opals internationally.”<br />
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AUSTRALIA<br />
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P 02 9290 2199
By FV <strong>Jeweller</strong>y<br />
IKECHO AUSTRALIA<br />
TEMELLI JEWELLERY<br />
However, she hastens to add, “Perhaps the biggest misconception is<br />
that rubies, emeralds and sapphires have to be expensive gemstones.<br />
There are countless shades and colour variations, meaning there are<br />
myriad options for each of us. The trade traditionally values certain<br />
colours of ruby, sapphire, or emerald, yet the phrase ‘beauty is in the<br />
eye of the beholder’ is never more applicable than when selecting<br />
coloured gemstones.”<br />
Coldham notes that “beauty, rarity and durability” are often attributed<br />
as the main purchasing drivers of coloured gemstones; however, he<br />
believes the consumer’s “perception of the story behind the stone and<br />
what it means to them personally” is far more important.<br />
“Some will choose a garnet because it is their birthstone, some an<br />
amethyst because it reminds them of a favourite grandma, some<br />
wanted to possess a large, heart-shaped blue stone after seeing the<br />
movie Titanic,” Coldham explains. “The wonderful thing about coloured<br />
gems is each usually symbolises something important to the wearer.”<br />
For Samantha Kelly of Adelaide’s Samantha Kelly <strong>Jeweller</strong>y there’s<br />
another unique quality. “Besides the price difference, individuality seems<br />
to be key; people want something that no-one else has,” she says.<br />
This makes coloured gemstones particularly appealing for Millennial<br />
and Gen Z shoppers, known to covet unique jewellery. Lilo Stadler, of<br />
opal supplier Bolda, notes that Queensland boulder opal plays directly<br />
to that desire.<br />
“There is a trend toward larger stones that make a statement – boulder<br />
opals admirably fit that bill and do not carry exorbitant price tags.<br />
The statement made by wearing a big opal is one of character, not<br />
a demonstration of worth. Boulder opals are for trendsetters, not<br />
followers,” she says.<br />
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With Millennials now aged between 23 and 38, they make up the<br />
largest segment of current and future engagement-ring customers.<br />
Notably, coloured gemstones are popular in this category. “Not every<br />
engagement ring stone must be a diamond,” McCreesh says. “Having a<br />
coloured gemstone alternative at hand is very important.”<br />
At Melbourne’s Temelli <strong>Jeweller</strong>y, aquamarine, morganite and<br />
tanzanite have had “significant increases in popularity”, according to<br />
marketing manager James Temelli.<br />
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“We’ve been commissioned to create a lot of custom rings and<br />
engagement rings using these gemstones. As of late, we have also<br />
noticed clients interested in emerald-cut coloured gemstones,<br />
whether it be ruby, aquamarine or sapphire.”<br />
Temelli adds that coloured gemstones increase a jewellers’ ability to<br />
cater to different clientele, who aren’t interested in a diamond ring.<br />
SUSTAINABLE SOURCING<br />
The movement toward ethical consumption has been gaining traction<br />
across all retail sectors, and many in the jewellery industry are already
THE<br />
HOT<br />
LIST<br />
THE TEN MOST IN-DEMAND<br />
COLOURED GEMSTONES<br />
OF THE LAST 12 MONTHS,<br />
ACCORDING TO JEWELLERS<br />
AND SUPPLIERS<br />
SAPPHIRE<br />
Teal tops the list,<br />
alongside particolour<br />
and blue<br />
sapphire, closely<br />
followed by pink<br />
and, significantly,<br />
yellow.<br />
TOURMALINE<br />
All colours of this<br />
versatile gem<br />
are popular, but<br />
particularly in<br />
demand are soft<br />
and pretty pink<br />
and blue-green<br />
‘teal’ shades.<br />
MORGANITE<br />
The pink trend<br />
continues, with<br />
consumers<br />
embracing peach<br />
pink morganite.<br />
OPAL<br />
Demand for<br />
Australian opal<br />
and boulder opal<br />
remains strong.<br />
AQUAMARINE<br />
The watery blue<br />
of aquamarine has<br />
captured hearts.<br />
Indeed, ocean hues<br />
across all gemstones<br />
are enchanting<br />
consumers.<br />
SPINEL<br />
Grey, grey-blue and<br />
lavender purple<br />
have been noted<br />
as popular spinel<br />
colours.<br />
GARNET<br />
Tsavorite and<br />
demantoid garnet<br />
have been winning<br />
over consumers<br />
with their vibrant<br />
green hues.<br />
TANZANITE<br />
The deep, vibrant<br />
blue shade of<br />
tanzanite is<br />
becoming more<br />
popular for<br />
engagement rings.<br />
EMERALD<br />
An enduring classic,<br />
consumers still love<br />
the deep green<br />
of emerald.<br />
RUBY<br />
The final gem of the ‘big three’, ruby<br />
rounds out the top 10 list.<br />
NEW COLLECTION<br />
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COLOURED GEMSTONES<br />
CLOCKWISE FROM TOP LEFT: A COLLECTION OF FINE BLACK OPALS FROM LIGHTNING RIDGE, COURTESY CODY OPAL; TEMELLI JEWELLERY; BLUE TURTLES; ADRIAN CROSBIE HANDMADE<br />
JEWELLERY, COURTESY LAWSON GEMS; LAWSON GEMS; BLUE TURTLES.<br />
taking steps toward responsible practices. “More of today’s jewellery consumers<br />
are asking whether the gemstone and precious metal they are buying has been<br />
ethically sourced,” Cody explains. “The ICA has been working very closely with<br />
CIBJO, AGTA [American Gem Trade Association] and the OECD over a number of<br />
years to better understand the supply chains for the various coloured gems.”<br />
Many developing nations mine coloured gemstones, including Zambia,<br />
Mozambique, Myanmar, Colombia and Madagascar. Other gemstone-producing<br />
areas have experienced unrest in recent times, as in Sri Lanka, Mexico and Brazil.<br />
Cody says the “vast majority” of coloured gemstones are supplied by artisanal and<br />
small enterprises, and the ICA is committed to developing procedures to help<br />
them become more responsible and sustainable. The organisation has endorsed<br />
the new CIBJO Responsible Sourcing Guidelines and “is encouraging all players<br />
in the supply chain to be more aware of the potential issues” he says, adding, “ICA<br />
members already agree to adhere to a strict code of ethics.”<br />
At O’Neils Affiliated, responsible sourcing is taken seriously. “For us as a company,<br />
whilst price is important, it does not outweigh our priority to source gemstones as<br />
ethically as possible,” McCreesh says. “I personally endeavour to do business with<br />
people we know to have high professional and ethical standards.”<br />
He adds that O’Neils Affiliated has been able to build strong links in its 70-year<br />
history with reputable miners and cutters to ensure high standards are met.<br />
At Gemfields’ mines in Mozambique and Zambia, responsible practices encompass<br />
environmental management, safety and community engagement. “We typically<br />
invest more than $US1 million each year into local education, agriculture, health<br />
and conservation projects,” Jack Cunningham, sustainability, policy and risk<br />
director, Gemfields, says, adding that the company also sells gemstones via its own<br />
auction platform to ensure transparency.<br />
Meanwhile, Lawson acknowledges the complexity of responsible sourcing, telling<br />
<strong>Jeweller</strong> that “there is no simple way to source an ethical gemstone”. He points to<br />
the difficulty of exporting gems legally out of developing nations and forming<br />
sustainable business relationships in unstable countries.<br />
“The term is now a buzz phrase often used by unethical gem and jewellery traders<br />
to sell goods – how do you trust those claims?” he asks, adding that one advantage<br />
of opal and sapphire is that they can be sourced locally in Australia.<br />
Stadler confirms that buyers of boulder opal frequently express the desire for<br />
ethically-mined and produced gemstones. Indeed, Ikecho’s Miller sources boulder<br />
opal from her own father’s mines in Lightning Ridge and Queensland. “He has<br />
the largest range of opals in Australia so I have a lot of variety to choose from,” she<br />
explains.<br />
On an international level, Palos points out that there is no equivalent to the<br />
diamond industry’s Kimberley Process in the coloured gemstone market. As a<br />
result, the responsibility falls to suppliers. “I firmly believe most wholesalers in<br />
Australia, or indeed around the world, do their utmost to guarantee their product<br />
is ethically sourced,” he says.<br />
Ensuring complete trust and transparency with suppliers is key for Kelly. “It can<br />
be difficult, but I have built up relationships with my suppliers so I trust they will<br />
disclose further information if required. It’s extremely rare that I will purchase any<br />
gemstones from new suppliers,” she explains.<br />
Temelli <strong>Jeweller</strong>y takes a similar approach. “We align with gemstone suppliers<br />
who have the same ethical sourcing procedure as we do,” Temelli says. “As well<br />
as lab-certified coloured gems, we also assess the origin and, if possible, the<br />
mine of origin when sourcing specific gems so that we can understand how the<br />
gemstones are mined, cut and polished.”<br />
As with many aspects of the jewellery industry, trust is crucial when it comes to<br />
coloured gemstones. Equally critical are creative flair, an ability to capitalise on the<br />
emotional connection to colour and an understanding of consumers who desire a<br />
true point of difference. i<br />
30 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
AUSTRALIAN SAPPHIRE<br />
COOLAMON SAPPHIRES<br />
THE BEAUTY OF<br />
Australian sapphires<br />
ARABELLA RODEN DISCOVERS WHY THESE LOCAL GEMS ARE CAPTURING THE<br />
IMAGINATIONS – AND HEARTS – OF CONSUMERS IN EVER-INCREASING NUMBERS<br />
cross the world, sapphire has enjoyed a storied position as one of the<br />
most coveted gemstones for centuries. The ancient rulers of Greece<br />
and Rome adorned themselves in sapphire jewellery and, as the<br />
September birthstone, they have enjoyed ongoing popularity with<br />
modern consumers.<br />
Many still associate sapphire with Kashmir – renowned for its vivid blue gems<br />
with silk – and Sri Lanka (Ceylon). The latter’s orangey-pink Padparadscha gems<br />
have long been admired by collectors. Madagascar has also become an important<br />
source of sapphire since deposits were first found there in the late 1990s.<br />
Yet one of the rising trends in the local market is for the gems in our own backyard:<br />
Australian sapphire. Sapphire has been mined here for more than a century and<br />
the country was the world’s leading producer by volume from 1965 to 1985. Major<br />
deposits are concentrated around the east coast, particularly in northern NSW and<br />
Queensland where colours range from deep midnight blue to green, teal, particolour<br />
and yellow, with rare instances of purple, orange, peach and colour-change.<br />
Before the year 2000, much of the Australian supply was sold to foreign buyers<br />
who then marketed it as being of Thai, Burmese and even Sri Lankan origin. Today,<br />
consumer awareness of the high-quality local material has grown exponentially.<br />
“Sapphire has always been a popular<br />
gemstone within the jewellery industry<br />
due to its durability and interesting array<br />
of colours but, for the past year, we have<br />
certainly noticed an increase in requests for<br />
Australian sapphire,” Amelia Chafer, marketing<br />
manager Coolamon Sapphires, says.<br />
Katherine Kovacs, director of K&K Export Import, agrees, saying, “There has<br />
been an increased demand over the last 12 months for bright, well-cut Australian<br />
sapphire in blue and teal – and we’re expecting further growth.”<br />
The wide variety of colours, coupled with sustainable sourcing and competitive<br />
pricing, makes Australian sapphire a compelling category for jewellers – especially<br />
those looking to appeal to Millennial and Gen Z customers.<br />
BENEFITS AND CHALLENGES<br />
VICTORIA<br />
BUCKLEY<br />
As one of the most durable gemstones with a hardness of nine on Mohs’ scale,<br />
sapphires are ideal for everyday wear and can be set in any material, from platinum<br />
to 18-carat gold. As a result, they are a popular choice for engagement rings, often<br />
accented with white diamonds.<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 31
AUSTRALIAN SAPPHIRE<br />
“We have seen a strong demand for Australian<br />
sapphires coming back into the market, mainly for<br />
engagement rings for our younger clientele under 35.<br />
“They are a little more adventurous and want to include<br />
colour into their engagement rings,” says Simon West,<br />
of Simon West <strong>Jeweller</strong>y in Melbourne, who sources sapphire from<br />
Gemfields in Queensland as well as Inverell and Reddestone Creek<br />
in NSW.<br />
K&K EXPORT IMPORT<br />
top grades very different to when I started,” she says, adding,<br />
“Many people still think of sapphire as only blue and are quite<br />
surprised to discover the range of colours it can occur in.”<br />
Chafer agrees: “The most common misconception about<br />
sapphire is that it is only blue but it actually exists in all colours of<br />
the rainbow. In our Central Queensland mines, the dominant colours<br />
are blue, blue/yellow parti-colour, all shades of yellow, and green. The<br />
pinks, oranges and purples are very rare but they bob up now and then.”<br />
West’s customers have embraced unusual colours. “Blue sapphires are still going<br />
strong with 40 per cent of all sapphire sales, but that’s opposed to 10 years ago<br />
when 80 per cent of sapphire sales were blue,” West reveals.<br />
The same trend has been evident at Coolamon, with Chafer telling <strong>Jeweller</strong>,<br />
“There is always a strong demand for a ‘good blue’, although there is no doubt<br />
that ‘teal’ has been the colour in fashion for some time, while parti-colour – yellow<br />
and blue in the same stone – is just as desirable for its uniqueness.”<br />
Sydney jeweller Victoria Buckley has also noticed an increase in demand for<br />
sapphires for engagement and dress rings but notes there’s still a widespread<br />
misconception about the colours available.<br />
“I have certainly noticed much more interest for Australian sapphires and I’m<br />
glad to see appreciation for our beautiful gems, even if it makes the prices for the<br />
This offers both a challenge and an opportunity for jewellers. Overcoming<br />
preconceptions and educating consumers on the wide variety of local sapphires<br />
can be tricky. Yet they have a strong selling point, particularly for engagement<br />
shoppers: these versatile gems offer an affordable, natural and durable alternative<br />
to more expensive stones, like yellow or pink diamond, and can give the ring a<br />
similar look until the customer is ready to upgrade.<br />
However, retail jewellers are quick to point out that their customers fall in love with<br />
sapphires on their own unique merits, not because they can pass for other gems.<br />
“Australian parti-colour sapphires have always been something I’ve loved working<br />
with; they have such interesting and unique colours and effects,” Buckley says. West<br />
points to their “lustre and colour variation” as the main appeal.<br />
The gems are a perfect fit for creative designs. Indeed, their vibrant hues mean<br />
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these gems stand out at any size. “Using smaller stones gives the jeweller the<br />
choice of a vast colour range, greater ease of matching, and options for intricate<br />
designs using calibrated shapes,” Chafer says. “Smaller stones are ideal for cluster<br />
settings, shoulder stones, colour runs, encircling fine-solitaire settings and<br />
complete jewellery sets. The possibilities are limitless.”<br />
One drawback of sapphire’s popularity for engagement rings is the limitations<br />
on the shapes available. “Cushion shapes are still popular and difficult-to-source<br />
shapes such as round and octagonal tend to get snapped up pretty fast,” Kovacs<br />
says. Meanwhile, Chafer reveals the trends for shapes change as often as for colour,<br />
noting hexagons and emerald cuts are currently popular.<br />
AN ETHICAL PERSPECTIVE<br />
Three in four Millennial and Gen Z consumers are willing to pay more for a product<br />
that has been sustainably and ethically produced, according to research from<br />
Nielsen. When it comes to jewellery, the concerns of consumers tend to coalesce<br />
around country of origin and the environmental impacts of mining. On both<br />
counts, Australian sapphires have a marketable edge as the local industry is tightly<br />
regulated with strict environmental and labour controls.<br />
“<strong>Jeweller</strong>s that we have been working with have been doing a brilliant job at<br />
promoting Australian sapphire as an ethically sourced, ‘home-grown’ product,”<br />
Kovacs says. Chafer adds: “There’s an assurance our sapphires are ethically mined<br />
and are authentic natural gemstones.”<br />
When it comes to treatments, disclosure is standard practice among<br />
Australian suppliers, while gems sourced overseas have fewer guarantees<br />
of accurate labelling.<br />
At Coolamon Sapphires, the process of mining is also low impact. “The sapphires<br />
are recovered from the alluvial deposits by a washing process which uses no<br />
chemicals and produces no noxious products,” Chafer explains.<br />
This operation is dependent on having sufficient water and has been heavily<br />
restricted in recent months due to the ongoing drought. Those looking to acquire<br />
existing stock not only support the local industry, but also businesses stricken by<br />
lack of rain.<br />
Perhaps reflecting the rising demand for this responsibly-sourced gems, Canadian<br />
mining company Fura Gems recently entered an options agreement with Richland<br />
Resources for its Queensland sapphire mining permits and licenses.<br />
Fura, which bills itself as “a progressive and imaginative company” aiming to set “a<br />
new precedent for best practices in the gemstone industry”, already mines ruby in<br />
Mozambique and emerald in Colombia and the Australian acquisition rounds out<br />
the group’s ‘big three’.<br />
Sapphire is an enduring favourite of the jewellery industry and Australian sapphires<br />
in particular are winning over jewellers and consumers with not only their beauty,<br />
but also their ethical and sustainable credentials. i<br />
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INDIA SHOW REPORT<br />
GAUGING THE MOOD IN MUMBAI<br />
DISRUPTIONS IN THE DIAMOND AND GOLD MARKETS HAVE BEEN KEENLY FELT<br />
IN INDIA – YET THE RECENT INDIA INTERNATIONAL JEWELLERY SHOW WAS<br />
FIRMLY FOCUSED ON SOLUTIONS, COLEBY NICHOLSON REPORTS<br />
y the time the India International <strong>Jeweller</strong>y Show (IIJS) closed on<br />
12 August in Mumbai, the organisers reported that visitor attendance<br />
had been better than expected, given it was held during what they<br />
called a “depressed market”.<br />
More than 32,000 local buyers and 1,100 international visitors attended the 36th<br />
edition of IIJS, which would have been pleasing to the organisers given that the<br />
Indian show regularly sees 35,000–40,000 buyers attend.<br />
This year, 1,300 exhibitors displayed their wares in the expanded Bombay<br />
Exhibition Centre. The booths comprised 10 clearly defined sections: Couture,<br />
Mass Produced, Plain Gold, Loose Stones, International Pavilions, Synthetics &<br />
Simulants, Laboratories & Education, Allied, Hall of Innovation and Special Clusters<br />
(Micro, Small and Medium Enterprises sector).<br />
The Indian jewellery industry is facing many challenges including the high<br />
gold price – largely a result of the US-China trade war – and an oversupply of<br />
diamond. The latter has caused many diamond suppliers to reduce prices as they<br />
grapple with cashflow to accommodate local banks, which have been pressuring<br />
manufacturers over lending facilities.<br />
Some of the issues are self-inflicted, given the recent high-profile fraud and<br />
corruption charges on Indian diamond and jewellery businesses.<br />
According to one diamond manufacturer at IIJS, a decline in Chinese demand<br />
has also affected India’s diamond exports in the past year, particularly for 0.20- to<br />
0.60-carat goods, which are popular in that market.<br />
The past year had seen an 18 per cent decline in cut and polished diamond<br />
exports to $US1.5 billion; while gold jewellery exports fell by more than by 5 per<br />
cent to $US963 million.<br />
These pressures are among the reasons the Indian jewellery sector experienced a<br />
10 per cent year-over-year decline in overall exports in July <strong>2019</strong> to $US2.22 billion,<br />
according to India’s Gem & <strong>Jeweller</strong>y Export Promotion Council (GJEPC).<br />
Faced with these local problems, the industry, led by the GJEPC, is not standing<br />
still and has predicted that global exports will reach $US70 billion per year, up from<br />
$US41 billion per year in 2018.<br />
The industry is trying to boost diamond demand among Indian consumers<br />
to complement the strong gold jewellery tradition in the country. Pramod<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 35
INDIA SHOW REPORT<br />
Kumar Agrawal, chairman GJEPC, recently told a news conference that the<br />
Indian jewellery industry needs to adapt to the changing world economic and<br />
trading conditions.<br />
“India is well placed in this changing world order. With the US putting a 10 per cent<br />
duty on Chinese exports of gems and jewellery, India has a potential opportunity<br />
to grab market share – a $US6 billion opportunity,” he explained, adding, “On<br />
one side, India is engaged in trade negotiations with the Eastern world and we<br />
are on the way to sign bilateral and multilateral trade deals with [the] Regional<br />
Comprehensive Economic Partnership, which controls one-third of the world<br />
trade, and includes China, the Indo-Japan Comprehensive Economic Partnership<br />
Agreement (EPA) and the Indo-Korea EPA.”<br />
The Regional Comprehensive Economic Partnership consists of ten ASEAN<br />
member countries as well as its free trade agreement partners: India, China,<br />
Australia, New Zealand, South Korea and Japan.<br />
“Our vision is to increase gem and jewellery exports to $US75 billion and create an<br />
additional 2 million jobs by 2025,” Agrawal said.<br />
He explained that the sector is facing challenges globally and sustaining demand<br />
for the product is most important; meanwhile, the GJEPC will focus on promoting<br />
small jewellery exporters.<br />
“We are happy that, post our meetings and representation, De Beers is investing<br />
around $US175 million globally and Alrosa is also adding funds through the<br />
Diamond Producers’ Association and their individual offices too,” Agrawal added.<br />
Additionally, Indian authorities are taking steps to differentiate synthetic and<br />
natural diamonds – a key concern of diamond producers and retailers.<br />
“The Indian government has introduced a separate 8-Digit HS [Harmonized<br />
System] Code for lab-grown/synthetic diamonds, making India one of the early<br />
adopters of distinct HS Codes for both rough and polished synthetic diamonds,<br />
which is a consumer-friendly and trade-friendly initiative that enhances the ease of<br />
doing business,” Agrawal explained.<br />
The Harmonized Commodity Description and Coding System, also known as the<br />
HS, is an internationally standardised system of names and numbers to classify<br />
traded products. It came into effect in 1988 and has since been developed and<br />
maintained by the World Customs Organisation.<br />
Paul Rowley, executive vice president diamond trading and distribution, De Beers<br />
Group, also addressed the media at the IIJS. He said, “India is the pulse and the<br />
heartbeat of the global gem and jewellery trade. Within a few years, two-thirds<br />
of the Millennial population of the world will be in India. IIJS Premiere <strong>2019</strong> will<br />
jumpstart the shift to a new order in the global gem and jewellery trade.”<br />
De Beers was also a sponsor of the GJEPC’s corporate social responsibility<br />
initiative <strong>Jeweller</strong>s For Hope. At a charity dinner during the IIJS, Rowley said,<br />
“Diamonds are the ultimate symbol of love and these miracles of nature have<br />
given hope to so many people across world. The diamond industry in India<br />
has been doing tremendous work in education, health and uplifting the<br />
marginalised sections of the society. De Beers has always been committed to<br />
the welfare of its stakeholders and society.<br />
“We are happy to partner with GJEPC for the charity event that gives hope<br />
to the underprivileged and empowers children, women and people in<br />
a great manner.”<br />
Another initiative promoted by GJEPC at the show is the creation of a Gem Bourse<br />
at Jaipur. It’s envisioned that the Gem Bourse will house more than 2,000 coloured<br />
gemstone manufacturers and traders along with the offices of customs, banks, and<br />
other service providers at one place.<br />
With the Indian gem and jewellery industry facing significant difficulties as well as<br />
opportunities, and so many artisanal producers relying on it for their livelihood, it’s<br />
critical that the GJEPC takes action. Through the IIJS show and its other initiatives,<br />
the organisation is taking a pro-active approach to ensuring the sector’s future<br />
remains secure. i<br />
COLEBY NICHOLSON attended the India International <strong>Jeweller</strong>y Show as a guest of the<br />
GJEPC as an accredited media representative.<br />
36 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
GEMS<br />
GARNET – GEM OF MANY COLOURS: PART I<br />
greens. There is also a colour change garnet,<br />
which shows blue-green in daylight, shifting<br />
to purple-red under incandescent light.<br />
Why does garnet have so many colours?<br />
The answer relates to chemical processes as<br />
the garnet crystal is forming. Simply put –<br />
because the chemistry of the garnet family is<br />
complex – in some garnets, oxides of metals<br />
such as iron, chromium and magnesium are<br />
inherent to the crystal, thus creating specific<br />
colours.<br />
In other garnets, trace elements are included<br />
as the gem form, thus creating a different<br />
range of colours.<br />
FIGURE 1. CORROSION TUBES<br />
FIGURE 2. LAMELLAR TWINNING<br />
The garnet family is an extensive one,<br />
with 20 members. In the jewellery world,<br />
five members are of importance, namely:<br />
pyrope, almandine, spessartine, grossular and<br />
andradite. Each of these will be considered<br />
next month in Part II of the Garnet – Gem Of<br />
Many Colours series.<br />
Long an indicator of wealth and status,<br />
deep red garnet was coveted by monarchs<br />
and nobles across many ancient cultures.<br />
The Romans used carved garnets in seals<br />
to mark their official documents, the<br />
ancient Britons decorated their weapons<br />
with the gems, and Egyptian pharaohs<br />
were buried with strings of garnets.<br />
The name garnet comes from the Latin word<br />
granatus or granum meaning “seed”, as red<br />
garnet in its rough state is similar in colour<br />
and shape to the seed of the pomegranate.<br />
Garnet has a long history of use as a<br />
decorative as well as a practical item. Its<br />
hardness of 6.5 to 7.5 on the Mohs scale,<br />
durability and vibrant colour palette make it<br />
ideal for use in jewellery as well as a range of<br />
ceremonial regalia such as crowns, chalices<br />
and sceptres.<br />
Hardness and durability, key properties<br />
valued by jewellers and artisans for<br />
millennia, also make garnet an ideal modern<br />
industrial resource. Originating in volcanic<br />
and metamorphic environments and thus<br />
subjected to extreme heat and pressure,<br />
garnet can withstand similar extremes in an<br />
industrial setting.<br />
Today, industrial grade garnet is widely<br />
used as an abrasive, in high-pressure water<br />
jet cutting tools, as a component of wear<br />
resistant road paints and in rechargeable<br />
batteries. Australia is a leading supplier<br />
of industrial grade garnet, with mines in<br />
Western Australia and the Northern Territory.<br />
Gem quality garnet is typically viewed as<br />
a red gemstone, with colour variations of<br />
brownish red to reddish pink. However, this is<br />
only one part of the gem’s colour story.<br />
Many customers are surprised to learn that<br />
this affordable gemstone comes in a rainbow<br />
of hues, including colourless, blue, black,<br />
orange and yellow, purple and a range of<br />
WHY DOES<br />
GARNET HAVE<br />
SO MANY<br />
COLOURS? THE<br />
ANSWER RELATES<br />
TO CHEMICAL<br />
PROCESSES AS THE<br />
GARNET CRYSTAL<br />
IS FORMING.<br />
SIMPLY PUT –<br />
BECAUSE THE<br />
CHEMISTRY OF THE<br />
GARNET FAMILY<br />
IS COMPLEX<br />
Colour aside, garnet can also display the rare<br />
optical effects of chatoyancy (cat’s-eye effect)<br />
and asterism (star effect). Such garnets are<br />
highly sought after. Some garnets may also<br />
contain iron, giving these gems magnetic<br />
properties. In addition to its colour range,<br />
garnet has a bright vitreous lustre.<br />
One garnet type, the vibrant green<br />
demantoid, has a dispersion value greater<br />
than diamond, adding to this garnet’s<br />
gemmological and jewellery value.<br />
Gem quality garnets are found across the<br />
world, including in Brazil, Australia, Myanmar,<br />
Madagascar, India, Sri Lanka and Namibia.<br />
SUSAN HARTWIG FGAA came late to the world<br />
of gemmology after a long career in corporate<br />
training and project management. She<br />
combines her love for writing with a passion<br />
for gems and jewellery. Susan writes regularly<br />
for her gemmology blog ellysiagems.com. For<br />
more information on gemmology courses and<br />
gemstones, visit: gem.org.au<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 37
Completing my Diploma in<br />
Gemmology has benefited<br />
me as a jeweller in more<br />
ways than I ever expected.<br />
I have always had an interest<br />
in gemstones and found<br />
the course was not only<br />
informative and challenging<br />
but immensely rewarding.<br />
Studying with the GAA has also<br />
allowed me to meet like-minded<br />
people from many facets of the<br />
jewellery industry and grants me access<br />
to resources that I will continue to use<br />
throughout my professional career.<br />
Emma Meakes FGAA<br />
<strong>Jeweller</strong>, John Miller Design - WA<br />
Diploma in<br />
Gemmology<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 />
Brilliant<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 />
LESSONS FROM LEAVING THE CORPORATE WORLD<br />
One of the hardest decisions is to<br />
leave the safety of a nine-to-five job.<br />
BERNADETTE MCCLELLAND shares her<br />
insights into striking out alone and<br />
succeeding on one’s own terms.<br />
Nearly two decades ago, as everyone<br />
was preparing for the Y2K bug to close<br />
down the world, I was closing up my<br />
files, picking up my bag and saying my<br />
goodbyes to a company I had called<br />
home for some 20 years.<br />
I’d joined the business at a time that<br />
pre-dated mobile phones and when<br />
messages were delivered via wooden<br />
pigeonholes.<br />
The first plain-paper fax machine I sold<br />
was for $20,000 and the sales floor was a<br />
boys’ club with few women.<br />
It was an environment and an era that<br />
taught me a million lessons.<br />
It was also a time where my company<br />
was the leader in its field until temporarily<br />
losing pole position when moving the<br />
goal posts from analogue to digital.<br />
We bounced back with strategies that<br />
included leadership through quality,<br />
customer delight and world-class<br />
solution selling.<br />
I was truly fortunate to be part of a tribe,<br />
albeit one that frustrated the living<br />
daylights out of me. Whilst it gave me<br />
a sense of family however, something<br />
was missing.<br />
Something that said, “There is more to<br />
work and even more to you.”<br />
A NEW PARADIGM OF WORK<br />
Today, with the gig economy hitting<br />
its straps, an increasing number of people<br />
are escaping their corporate cubicles.<br />
They are going in search of roles that<br />
align with their lifestyle, purpose and<br />
growth, and they are leveraging powerful<br />
new technology to do so.<br />
The Australian Bureau of Statistics (ABS)<br />
says approximately 2.5 million people in<br />
Australia have swapped their offices for<br />
corner cafés and it’s a cultural shift that’s<br />
expected to continue.<br />
WHILST YOU WILL<br />
BE EXCITED ABOUT<br />
THE PROSPECT<br />
OF GROWTH AND<br />
TRYING NEW<br />
THINGS WHEN<br />
YOU LEAVE YOUR<br />
OFFICE JOB,<br />
YOU WILL LOSE<br />
COMMONALITY<br />
WITH THOSE<br />
WHO ARE NO<br />
LONGER IN<br />
YOUR WORLD<br />
And as I reflect on nearly two decades of<br />
freelancing and entrepreneurial ventures<br />
in the gig economy, these are the biggest<br />
lessons I have taken away:<br />
Don’t expect people to understand – Whilst<br />
you will be excited about the prospect<br />
of growth and trying new things when<br />
you leave your office job, you will lose<br />
commonality with those who are no<br />
longer in your world.<br />
Some will be supportive but some might be<br />
sceptical, even laughing and mocking you<br />
for being a ‘dreamer’.<br />
There is a natural human reaction for<br />
others to want you to stay where they<br />
are, especially if they see you are on a<br />
growth trajectory. At a biological level, our<br />
brain distrusts difference and when you<br />
branch out on your own, you are set apart<br />
from the pack.<br />
Find a group of people who ‘get it’ –<br />
Acclaimed businessman and author Seth<br />
Godin got it right when he said, “A group<br />
needs only two things to be a tribe: a<br />
shared interest and a way to communicate.”<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 39
BUSINESS<br />
Finding groups along your path that<br />
understand you is critical. This is not just<br />
for support but also for sharing ideas – and<br />
the latter will always lead to growth.<br />
Get used to moments of self-doubt – Enjoy<br />
the highs that come with your new venture<br />
but don’t walk away from the lows.<br />
The biggest mistake I made was walking<br />
away from a venture after only two years<br />
and taking an eight-year detour because<br />
I didn’t think I had what it took.<br />
Be mindful of those winters as spring<br />
and summer will always follow.<br />
Recognise the important people – This<br />
means your family. Why? Because stepping<br />
out on your own crosses both personal and<br />
professional boundaries, not necessarily in<br />
equal amounts.<br />
Having great kids and a supportive<br />
husband has been my biggest blessing<br />
in life. My partner truly believes that his<br />
wife has commercial value as well as<br />
personal value and he is not be threatened<br />
by that at all.<br />
Customers won’t come just because you<br />
have a dream – I remember someone<br />
asking me early on, “So how are you going<br />
to market yourself?“ It didn’t take me<br />
long to realise that marketing is the<br />
number-one priority over and above<br />
what you actually do.<br />
With that came my first book then my<br />
second, a website when the Internet was<br />
fairly new and a newsletter at a time when<br />
personalisation was novel.<br />
It also meant doing free speaking gigs to<br />
get testimonials and brought a feeling<br />
of uncertainty of what to charge when<br />
nobody would give me a straight answer.<br />
I look at freelancers, entrepreneurs and<br />
even small businesses now focusing so<br />
much on their product and not enough on<br />
marketing and I think, ‘Flip it, flip it!’<br />
Qualify those coffee meetings – Everybody<br />
wants to have a quick meeting or a coffee<br />
chat to ‘pick your brains’. A brilliant learning<br />
for me was to ask why.<br />
If their answer didn’t align with my<br />
own goal for the meeting then I would<br />
postpone it. Minding your time is critical<br />
and qualification is not just about<br />
prospecting; it’s about protecting your<br />
time as well.<br />
Always invest in yourself – I have been<br />
fortunate to work as the Asia-Pacific lead<br />
coach for Tony Robbins, one of the world’s<br />
best-known life and business coaches,<br />
all because I was ‘coachable’ and open<br />
to being brave.<br />
I am grateful for the learning and leverage I<br />
attained from that experience.<br />
I have also invested in one-on-one<br />
mentoring with leadership expert Matt<br />
Church, who introduced me to models<br />
and commercial thinking that I can now<br />
incorporate into my training, keynotes<br />
and writing.<br />
I have been fortunate enough to invest<br />
in travelling to different parts of the world<br />
to hang out with like-minded people and<br />
I have now shared my message across<br />
five continents.<br />
I’m not suggesting everyone needs to<br />
do what I do but picking up a book,<br />
listening to a podcast, asking for feedback<br />
and having a conversation with a mentor<br />
or person you admire and want to<br />
emulate are all ways of investing in<br />
yourself and your growth.<br />
Trust your gut – I always wondered<br />
if the answer I was seeking was outside<br />
of me.<br />
Ultimately, we often know the right<br />
course of action and we need to own<br />
that knowledge.<br />
For example, the right course of action<br />
could mean saying no to clients that aren’t<br />
a good fit; refusing to discount your price<br />
because you know your value; distancing<br />
yourself from people who do not align with<br />
your values.<br />
It’s about doing what you love and<br />
listening to those internal messages you<br />
hear but may not always trust.<br />
Winners, high-achievers and go-getters<br />
have more than belief – they have faith.<br />
They know that everything will be okay,<br />
and that taking both leaps and baby<br />
steps, forwards and backwards, in the<br />
pursuit of change is always about growth<br />
and innovation.<br />
CHANGING YOUR<br />
ENVIRONMENT<br />
ALWAYS HAS<br />
ITS BENEFITS<br />
– SHIFTING UP<br />
YOUR CIRCLE OF<br />
INFLUENCE WILL<br />
ALSO PRODUCE<br />
POSITIVE<br />
OUTCOMES, AS<br />
WILL LIVING BY<br />
THE MANTRA<br />
THAT THERE IS<br />
NO RIGHT OR<br />
WRONG<br />
The opposite of faith is disbelief and fear.<br />
When you live by rules that confine you<br />
to the way you’ve always done things, you<br />
are operating out of fear – you are simply<br />
trying to stay safe, or protect your ego with<br />
bubble wrap.<br />
With this mentality, you stop yourself from<br />
pushing boundaries, colouring outside<br />
the lines, challenging the status quo and<br />
busting expectations.<br />
Know that you are where you are supposed<br />
to be – What you are doing today may not<br />
be the right thing for the future but it is the<br />
right thing right now.<br />
There will always be a reason why you<br />
are doing what you are doing, so don’t<br />
beat yourself up if it is not all it is cracked<br />
up to be.<br />
If it’s not a fit then make a decision – do it<br />
for a reason or don’t do it at all. If it is exactly<br />
where you want it to be then be grateful<br />
and pay something forward.<br />
Do not play the comparison game – ever!<br />
You have way too much value to offer and<br />
it’s a game you will always lose.<br />
None of us know what tomorrow will bring;<br />
however, changing your environment<br />
always has its benefits.<br />
Shifting up your circle of influence will also<br />
produce positive outcomes, as will living by<br />
the mantra that there is no right or wrong.<br />
FINAL REFLECTION<br />
I hope these nine personal truths<br />
can help you get your head around a<br />
change of direction and motivate you to<br />
stay the course.<br />
In the words of the rapper Eminem, “If<br />
people take anything from my music, it<br />
should be motivation to know that anything<br />
is possible as long as you keep working at it<br />
and don’t back down.”<br />
Keep working at it. i<br />
BERNADETTE<br />
MCCLELLAND is a keynote<br />
speaker, executive sales<br />
coach, and published author.<br />
3redfolders.com<br />
40 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
SELLING<br />
FALL IN LOVE WITH CUSTOMERS’ PAIN POINTS<br />
A SURE-FIRE WAY TO SUCCEED IN BUSINESS IS TO CREATE A SOLUTION TO AN EXISTING PROBLEM. TO DO THIS, BUSINESSES<br />
MUST HAVE A THOROUGH UNDERSTAND THE PAIN POINTS OF THEIR CUSTOMERS. MICHAEL HINSHAW REPORTS.<br />
It’s human nature to fall in love with your<br />
own solutions but it’s also one of the most<br />
common pitfalls for business leaders,<br />
entrepreneurs and those responsible for<br />
improving customer experiences, so don’t<br />
do it.<br />
Why? Because the implications of this mindset<br />
are significant.<br />
Remember New Coke? It’s probably the<br />
most famous example of well-intentioned<br />
company leaders betting on a solution to a<br />
problem they didn’t fully understand.<br />
Other examples include the Amazon Fire<br />
phone, the Google+ social network and<br />
3D TV.<br />
These are perfect examples of falling in love<br />
with a solution and it’s possible none of<br />
these failures would’ve happened at all if the<br />
companies had spent even a small portion of<br />
energy and resources on understanding their<br />
customers’ pain points.<br />
Consumers want products and services that<br />
improve their lives, so it follows that few<br />
consumers will care about a solution when it<br />
misses the mark, even if you’re trying to solve<br />
the right problem.<br />
Furthermore, even fewer consumers will care<br />
if you’re solving a problem that doesn’t exist!<br />
DON’T JUMP TO SOLUTIONS<br />
When it comes to addressing the issues<br />
at hand, jumping to solutions is never a<br />
good idea.<br />
How many times have you seen companies<br />
– maybe even yours – make ill-advised<br />
investments in technology, systems,<br />
products or services that actually make<br />
problems worse because they lack a deep<br />
understanding of the problem being solved?<br />
Rarely does a solution fail because it wasn’t<br />
built as designed or intended.<br />
Rather, it fails because it doesn’t solve the<br />
right customer pain point. Once a company<br />
follows a hypothesis instead of a fact-based<br />
DEEPLY EMPATHISE<br />
WITH YOUR<br />
CUSTOMERS<br />
AND WHAT THEY<br />
ARE TRYING TO<br />
ACCOMPLISH. THIS<br />
EMPATHY CAN<br />
– AND SHOULD –<br />
LEAD TO A LOVE<br />
FOR THE PROBLEM<br />
THEY NEED YOU<br />
TO SOLVE<br />
SOLVING A CUSTOMERS’ PROBLEM IS KEY<br />
solution, the ramifications amplify across<br />
the product lifecycle, often altering the<br />
customer experience.<br />
Resources are then needed to fix the<br />
solution, which all could have been avoided<br />
by understanding the original problem.<br />
In the world of design, this is akin to running<br />
experiments that validate what you expect<br />
to happen rather than revealing what is<br />
actually happening.<br />
Consider what happens when you show<br />
a website or user-interface prototype to a<br />
customer and ask how they like it.<br />
Normally, they’ll give you honest and direct<br />
feedback – “I don’t like the colour”, “The menu<br />
is confusing”, “Can you make the font bigger?”<br />
What they can’t tell you is how well this<br />
solves their problem.<br />
If you use your time with customers to<br />
discover the problem then come back and<br />
test multiple solutions, you’ll learn firstly<br />
if you’re solving the right problem and,<br />
secondly, which are the best solutions.<br />
In a corporate environment, the pressure to<br />
come to the table quickly with fully-formed<br />
solutions is high.<br />
Initial solutions are arrived at without much<br />
customer feedback and, by the time they<br />
reach an executive audience, those solutions<br />
are under far more scrutiny than the<br />
problems they’re trying to solve.<br />
In other words, start with the problem.<br />
HELP CUSTOMERS TO DO THEIR JOBS<br />
Your customers have specific tasks they’re<br />
trying to accomplish when they interact<br />
with your products. They desire dependable,<br />
predictable outcomes that make it easier to<br />
achieve these tasks. Any solution that doesn’t<br />
make it easier to do this is no solution at all.<br />
By observing and chatting with customers,<br />
you can establish what job they’re trying to<br />
complete and how your business is making it<br />
hard for them to do so. Understanding your<br />
customer’s goals and pain points is what<br />
leads to building better solutions.<br />
Understanding problems comes from<br />
understanding customers and right solutions<br />
only result from solving the right problems.<br />
Don’t seek solutions until you truly<br />
understand what you’re solving and<br />
remember that it will be necessary to test<br />
multiple solutions in order to succeed. Don’t<br />
be afraid to fail fast and often, and don’t fall<br />
in love with your solution.<br />
Deeply empathise with your customers and<br />
what they are trying to accomplish. This<br />
empathy can – and should – lead to a love<br />
for the problem they need you to solve.<br />
When that occurs, you’ll develop solutions<br />
that your customers will love.<br />
When you’re improving your customers’ lives,<br />
that’s when the magic happens. By using<br />
your solution, your customers will begin to<br />
succeed and when this happens, you’ll also<br />
begin to succeed. i<br />
MICHAEL HINSHAW<br />
is president of McorpCX,<br />
which focuses on customer<br />
experience management.<br />
mcorpcx.com<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 41
MANAGEMENT<br />
THE CHALLENGE OF RETAINING GREAT STAFF<br />
AN ENTERPRISE IS ONLY AS GOOD AS ITS PEOPLE. SEEKING EXCEPTIONAL WORKERS WILL NOT ONLY IMPROVE<br />
OUTCOMES BUT ALSO INFLUENCE OTHER STAFF TO ELEVATE THE COMPANY CULTURE, WRITES BARRY URQUHART.<br />
Great people are attractive, appealing and<br />
valuable assets to any business. They are also<br />
like magnets in that they attract other great<br />
workers and great customers as well; however,<br />
great people can be hard to find and even<br />
harder to retain.<br />
The adjective ‘great’ is an emotional term;<br />
it’s difficult to quantify. There are plenty of<br />
questions about how to measure greatness<br />
and much subjectivity in the assessment. How<br />
accurate was the title of Alexander the Great<br />
really, for example?<br />
When recruiting, greatness can only be<br />
properly understood and applied in a context<br />
that is relevant to the culture of the enterprise<br />
as a whole.<br />
Consequently, the search for great people<br />
is typically random and inefficient. Any<br />
attempt to identify them through networking<br />
can be compromised by mateship and the<br />
questionable values and motives applied by<br />
mutual associates. Only occasionally does<br />
networking lead to a “meeting of the minds”.<br />
SEARCHING FOR GREATNESS<br />
It takes considerable time, money and<br />
resources to sift through job applications<br />
and business leaders need to assess whether<br />
they are getting value from this distribution<br />
of resources, especially when new employees<br />
prove to be unsuccessful.<br />
The presence of greatness is not conspicuous<br />
in a CV. There is no university course that<br />
teaches students how to be great and what<br />
referee – or applicant, for that matter – would<br />
be so bold as to use the term as a descriptor?!<br />
Far too often, those identified as possessing<br />
the potential for greatness fail to live up to<br />
expectations because greatness is not an<br />
aptitude with pre-determined dimensions.<br />
Rather, greatness is an attitude, a self-belief<br />
which is articulated in so many ways, often<br />
non-verbal and subtle.<br />
People can often sense when they have<br />
been or are in the presence of greatness.<br />
GREAT PEOPLE<br />
OFTEN DON’T<br />
NEED RULES AND<br />
POLICING TO ENSURE<br />
COMPLIANCE OR<br />
CONFORMITY<br />
– FOR THEM,<br />
THOSE FACTORS<br />
SIMPLY LIMIT<br />
THEIR MAXIMUM<br />
POTENTIAL<br />
GREAT PEOPLE ATTRACT OTHER HIGH ACHIEVERS<br />
It is a good feeling and promotes a desire to<br />
remain in their company.<br />
Yet no-one knows better the presence and<br />
quality of greatness than the individual; selfimage<br />
is a key and fundamental component<br />
of self-determination.<br />
In employment advertisements, one strategy<br />
is to refocus from the position to the person.<br />
The bold and challenging declaration that an<br />
entity is seeking a special person triggers an<br />
intriguing process: in the first instance, there<br />
is a fall in the number of applications and, at<br />
the same time, there is a rise in the overall<br />
quality of those applicants.<br />
Typically, the resulting interviews and<br />
interactions are interesting and challenging.<br />
After all, great people want to work for, and<br />
with, great businesses, bosses and peers.<br />
Individually and collectively, great people<br />
have a presence. They also generate a sense<br />
of energy and urgency. The resultant culture<br />
and ambience are, well, great!<br />
KEEPING GREAT PEOPLE<br />
Expectations of and by great people<br />
are high, generally dynamic and very<br />
personal. Recognition of, and respect for,<br />
the individual is imperative. Elitism<br />
is not desirable nor typically functional<br />
and therefore great should be the norm, not<br />
the exception.<br />
Moreover, great people are inclined to<br />
attract other great people, so highachievement<br />
becomes a benchmark in<br />
the company culture.<br />
Great people often don’t need rules<br />
and policing to ensure compliance or<br />
conformity. For them, those factors simply<br />
limit their maximum potential.<br />
The positive alternative is to provide<br />
parameters within which people strive<br />
for and achieve their consistent optimal<br />
performance. Explanations of ‘why we do<br />
the things we do’ promote and facilitate<br />
understanding and commitment.<br />
Ongoing, prompt and genuine recognition<br />
and reinforcement are valued by all and<br />
contribute to cohesion and malleability.<br />
These elements ensure dynamism, growth,<br />
and development.<br />
Like many things in life, the essential<br />
component is the context rather than the<br />
content. Managers seek to control processes<br />
and they can find it difficult to exercise<br />
control over great people.<br />
Meanwhile, leaders focus more on<br />
influencing and enhancing values – but they<br />
also must facilitate individual and collective<br />
growth. Each is an integral component of the<br />
art of retaining great people.<br />
Above all, whether they accept or embrace<br />
the tag of ‘great’, high achievers have much to<br />
contribute. Ensuring their involvement in key<br />
elements of the business is fundamental for<br />
retaining a culture of greatness and attracting<br />
even more great people. i<br />
BARRY URQUHART<br />
is managing director of<br />
Marketing Focus and an<br />
international keynote speaker.<br />
marketinginfocus.net.au<br />
42 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
MARKETING & PR<br />
FORGET THE 4P’S OF MARKETING – MEET THE 4E’S<br />
EXTRAORDINARY TIMES CALL FOR ADAPTIVE RETAILING SOLUTIONS. CHRIS PETERSEN REVEALS THE NEW PARADIGM FOR SELLING<br />
IN THE OMNICHANNEL AGE – AND HOW YOU CAN MAXIMISE YOUR RESULTS BY SHIFTING TO A DIFFERENT SERVICE FRAMEWORK.<br />
There has been much discussion about the<br />
changing face of retail. Omnichannel has<br />
become the new normal. It is no longer a<br />
question of online versus bricks-and-mortar<br />
stores; today, consumers can shop anytime<br />
and everywhere, and no longer need to<br />
separate physical retail from digital.<br />
Shopping has become a seamless experience<br />
of which time, location and method are no<br />
longer barriers. In this new era of retail,<br />
traditional marketing is dead.<br />
Retailing has transformed from a product/<br />
place business to a people-based business<br />
where today’s customers are focused on the<br />
shopping experience.<br />
The traditional 4P’s of marketing – product,<br />
price, promotion and place – are dead.<br />
Successful retailers are now differentiating<br />
through the 4E’s – experience, everywhere,<br />
exchange and evangelism.<br />
So, what’s changed?<br />
DAWN OF A NEW ERA<br />
In the age before online shopping, retail<br />
was about location: customers had to visit<br />
stores in order to purchase. Retailers could<br />
differentiate by carrying a different selection<br />
of products, and pricing and promotion were<br />
instrumental in attracting customers and<br />
driving store traffic.<br />
Today, it would be considered almost<br />
impossible for an individual retailer to<br />
differentiate successfully on product or<br />
price alone.<br />
The real reason the 4P’s are dead, however,<br />
is changes in consumer behaviour<br />
and expectation. Today’s omnichannel<br />
consumers shop anytime and everywhere.<br />
They expect unlimited product selection<br />
and the ability to price-compare, all from<br />
the convenience of their smartphones.<br />
This isn’t the first time the industry has<br />
suggested replacing the 4P’s. In 1990,<br />
advertising academic Bob Lauterborn<br />
suggested 4C’s, which he identified as:<br />
WHAT IS EMERGING<br />
IS A VERY CLEAR<br />
PICTURE THAT<br />
RETAILERS MUST<br />
DO FAR MORE<br />
THAN SELL ITEMS<br />
AT A PRICE. RETAIL<br />
SUCCESS REQUIRES<br />
TRANSFORMATION<br />
TO A TRULY<br />
CUSTOMER-CENTRIC,<br />
EXPERIENTIAL<br />
BUSINESS<br />
THE NEW PRODUCT IS CUSTOMER EXPERIENCE<br />
consumer wants and needs, cost to satisfy,<br />
convenience to buy and communication.<br />
While these 4C’s do shift the focus from<br />
product to customer, they don’t adequately<br />
capture the expectations of today’s<br />
omnichannel consumers.<br />
Shoppers are now voting with their wallets<br />
for retailers that fulfil their own 4C’s:<br />
• Connections – Consumers expect to<br />
connect with brands at any time, especially<br />
on their smartphones.<br />
• Choice – Today’s consumers are not limited<br />
by what they can find in a store or even the<br />
goods they find in their own country.<br />
• Convenience – Consumers are increasingly<br />
looking for the convenience of how they<br />
purchase and also how they choose to<br />
receive their goods, such as via overnight<br />
delivery, nominated-day delivery or clickand-collect.<br />
• Conversation – Consumers are more likely<br />
to begin their buying journeys on social<br />
media where they seek conversations<br />
about products and, most importantly,<br />
recommendations.<br />
What’s wrong with these 4C’s? Nothing;<br />
however, they are primarily focused<br />
on consumer expectations and do not<br />
adequately address what retailers must<br />
do to pro-actively change their strategies.<br />
EVOLVING TO THE 4E’S<br />
Despite unprecedented store closures, the<br />
retail apocalypse isn’t here yet. What we are<br />
witnessing is traditional retailers struggling<br />
to transform in an age of disruption.<br />
Marketing expert Pamela Danziger says a<br />
pivotal issue for retailers today is that they<br />
may not be selling what customers want.<br />
While business owners cling to the 4P’s<br />
because they can control them, Danziger says<br />
retailers must align with today’s experiencedriven<br />
customers by focusing on the 4E’s:<br />
• Experience – The sum of the customer’s<br />
experience is the new ‘product’.<br />
• Exchange – The customer doesn’t just want<br />
a catalogue of products at a price; they<br />
want an exchange of ideas, information and<br />
value, beyond price.<br />
• Evangelism – Promotion is not enough and<br />
customers are tired of being bombarded<br />
with deals. Evangelism means engagement<br />
that is personalised on the customer’s<br />
terms, lifestyle and values.<br />
• Everyplace – Stores have been replaced by<br />
‘everywhere’ and communication must now<br />
be everywhere as well.<br />
Some marketers have argued for even more<br />
E’s: emotions, execution and engagement.<br />
What is emerging is a very clear picture<br />
that retailers must do far more than sell<br />
items at a price. Retail success requires<br />
transformation to a truly customer-centric,<br />
experiential business.<br />
The very best retailers have transformed from<br />
selling products using the 4P’s to engaging<br />
customers via the 4E’s, and they’ve done so<br />
in ways that build lasting relationships that<br />
create lifetime value. i<br />
CHRIS PETERSEN is<br />
founder and CEO of retail<br />
consultancy Integrated<br />
Marketing Solutions (IMS).<br />
imsresultscount.com<br />
MONTH <strong>2019</strong> <strong>Jeweller</strong> 43
LOGGED ON<br />
INCREASE WEBSITE TRAFFIC WITH PINTEREST<br />
OF ALL THE SOCIAL MEDIA CHANNELS, PINTEREST IS ONE OF THE BEST FOR DRIVING POTENTIAL CUSTOMERS TO YOUR<br />
WEBSITE. ALISA MEREDITH EXPLAINS WHY RETAILERS SHOULDN’T OVERLOOK THIS CRUCIAL DIGITAL TOOL.<br />
In the quest for more website traffic,<br />
you’ve likely investigated SEO, advertising,<br />
Instagram, Facebook, blogging, link building<br />
and more – but this may be the first<br />
time you’ve considered the traffic-driving<br />
potential of Pinterest.<br />
If so, you’re not alone.<br />
According to a study conducted by Social<br />
Media Examiner in 2018, only 27 per cent of<br />
marketers are using Pinterest. What?!<br />
Is it true when they say Pinterest only works<br />
for wedding planners and cupcake recipes<br />
– or have 27 per cent of marketers realised<br />
something the others haven’t, namely that<br />
Pinterest wants to send traffic to your site?<br />
Pinterest exists to inspire people to get out<br />
and do, and it works. Research has shown<br />
that 90 per cent of ‘Pinners’ get ideas on<br />
what to buy from the platform and with<br />
265 million monthly users, that’s a lot of<br />
people looking to buy.<br />
For a long time, Pinterest was the<br />
number-two driver of social referral traffic<br />
after Facebook; however, in the past<br />
year, Pinterest traffic has overtaken<br />
Facebook traffic. It can take some time<br />
Pinning consistently to see substantial results<br />
but the time you spend on Pinterest pays off<br />
for months years to come.<br />
Did you know that a Facebook post starts<br />
losing effectiveness after about 24 minutes<br />
and will disappear from newsfeeds forever in<br />
under 12 hours? By comparison, a Pin can stay<br />
relevant for up to 3.5 months. Given that you<br />
can re-share content at sensible intervals, it’s<br />
possible to make a Pin last forever.<br />
To drive traffic from Pinterest to your site,<br />
you must figure out how your products or<br />
services can improve the lives of potential<br />
consumers in a meaningful way.<br />
Here are some key strategies:<br />
Use keywords wisely – The words you use<br />
on Pinterest can be as powerful as the<br />
images you share. Pinterest uses language<br />
to determine how to distribute your Pin.<br />
Keywords are particularly relevant but<br />
planning keywords for Pinterest is different<br />
to Google.<br />
On Google, people are more likely to be ready<br />
to act right away so “wicker patio dining set”<br />
makes perfect sense. For Pinterest, they may<br />
be seeking ideas so “patio inspiration” might<br />
be a good angle to try.<br />
Hashtags can also help your content surface<br />
more quickly so in this example, you would<br />
include #patioinspiration in the description.<br />
Save content to relevant boards – Save your<br />
content to all relevant boards but tell Pinterest<br />
what is most representative of the content<br />
with that very first Pin.<br />
Choose quality over quantity – Scheduling<br />
a few quality Pins each day with a focus on<br />
compelling images, keyword-rich descriptions<br />
and a strong call to action is always better<br />
than 100 hastily-Pinned images.<br />
Pinterest looks for signals from followers to<br />
decide how much distribution a Pin will get,<br />
so share only content that is relevant to your<br />
audience and always focus on your own<br />
content first. It’s nice to support others but<br />
that won’t help your traffic!<br />
Tweak and plan your content for Pinterest<br />
– Use in built Pinterest tools to tweak your<br />
content so that it is encouraging and<br />
empowering to your followers.<br />
Visit Analytics > Profile in the main menu then<br />
click on “Link clicks” to see the Pins that get<br />
the most clicks.<br />
If you’re Pinning other people’s content, you’ll<br />
get a great idea of what’s popular. Is there a<br />
topic that you haven’t covered that appears<br />
over and over?<br />
Make it easy for others to Pin – Every blog post<br />
and product page on your site should have<br />
a great image and Pinterest’s ‘Save’ widget to<br />
make it easy for people to share your content<br />
with just one click.<br />
A STRONG PINTEREST STRATEGY WILL PAY OFF IN THE LONG TERM<br />
FOR A LONG TIME,<br />
PINTEREST WAS<br />
THE NUMBER-<br />
TWO DRIVER OF<br />
SOCIAL REFERRAL<br />
TRAFFIC AFTER<br />
FACEBOOK;<br />
HOWEVER, IN<br />
THE PAST YEAR,<br />
PINTEREST<br />
TRAFFIC HAS<br />
OVERTAKEN<br />
FACEBOOK<br />
TRAFFIC<br />
Design Pins specifically for more traffic –<br />
Pinterest looked at 25 elements of 21,000<br />
Pins to learn what goes into Pins that drive<br />
discovery/awareness, email sign-ups, online<br />
sales and offline sales. The most traffic-driving<br />
Pins included tasteful logo placement, clear<br />
use of text overlay and striking visuals. They<br />
also called out unique features where relevant,<br />
like ‘new’, focused directly on the product or<br />
service and clearly showed how to use the<br />
product or service. Finally, images used a<br />
vertical format (2:3 ratio or 600×900 pixels).<br />
These specific features can improve your Pin<br />
results; however, there’s always going to be an<br />
element of art to creating great Pins.<br />
A Pin that resonates emotionally with Pinners<br />
and feels relevant to the brand is the one that<br />
will succeed.<br />
In conclusion, if Pinterest isn’t yet part of your<br />
traffic-building plan, you’re missing out.<br />
By tapping into the desire of Pinners to be<br />
inspired, you can massively increase your<br />
website traffic – so get started today. i<br />
ALISA MEREDITH is a<br />
self-described ‘Pinterest<br />
nerd’ and content marketing<br />
manager at Tailwind.<br />
tailwindapp.com<br />
44 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
MY STORE<br />
ARBOR<br />
BRUNSWICK<br />
LOCATION: Melbourne, Australia<br />
NAME: Ellinor Mazza<br />
POSITION: Owner<br />
When was the space completed? Our<br />
space is constantly evolving! The most<br />
recent configuration was completed<br />
between late 2018 and early <strong>2019</strong> with the<br />
addition of some custom-built furniture<br />
by a local maker, Nick Leong, and includes<br />
the addition of my studio to the front<br />
window. I previously had a separate space<br />
in the Melbourne CBD, but decided to<br />
consolidate and move into the store.<br />
Something that is really important to me<br />
is that the space can change as we need<br />
it to. There is nothing fixed to the ground<br />
– except my roller stand – and there is<br />
always the option to rotate furniture.<br />
Who is the target market and how<br />
did they influence the store design?<br />
Our target market is very broad, but<br />
the common factor is that they value<br />
handmade, quality pieces, along with our<br />
strong approach to customer care. We aim<br />
to create a warm, inviting and comfortable<br />
space; the use of lots of wood in our<br />
cabinets and also in our displays definitely<br />
helps with this. The addition of a working<br />
studio space to the store has been part of<br />
the customers feeling a connection – they<br />
don’t see the space as purely “sales” but<br />
also a place where pieces are produced.<br />
With the relationship between store<br />
ambience and consumer purchasing<br />
in mind, which features in the store<br />
encourage sales? Visual merchandising<br />
and our curation of the pieces in store.<br />
Each collection is a real standalone and fills<br />
a style within the greater picture. Recently<br />
we have been working closely with<br />
individual jewellers who are stocked in<br />
the store to make a cohesive and visually<br />
pleasing display, sometimes removing<br />
one piece that throws off the look of the<br />
collection. The results have been worth<br />
that extra effort.<br />
What is the store design’s ‘wow factor’?<br />
Our large pegboard is the most striking<br />
thing in the store as it allows us to display<br />
our leather goods, but also add some<br />
details like vintage tools to help tell the<br />
story of what we are about. i<br />
<strong>October</strong> <strong>2019</strong> <strong>Jeweller</strong> 45
10 YEARS AGO<br />
WHAT WAS MAKING NEWS 10 YEARS AGO?<br />
A SNAPSHOT OF THE INDUSTRY EVENTS THAT MADE NEWS HEADLINES IN THE OCTOBER 2009 ISSUE OF JEWELLER.<br />
Buying groups<br />
celebrate<br />
The story: Two major buying groups – Nationwide<br />
<strong>Jeweller</strong>s and Showcase <strong>Jeweller</strong>s – held their<br />
annual members’ events and awards during the<br />
International <strong>Jeweller</strong>y Fair last month.<br />
The Nationwide event saw 320 members and<br />
suppliers attend The Ivy function venue.<br />
The Australian members of the year were Georgina<br />
Staley and David O’Brien from Georgies Fine<br />
<strong>Jeweller</strong>s in Narooma, NSW. The 2009 Supplier<br />
of the Year was The <strong>Jeweller</strong>y Centre, a previous<br />
multi-award winner.<br />
Big success for IJF<br />
The story: Last month’s JAA International<br />
<strong>Jeweller</strong>y Fair has received resoundingly<br />
positive reviews. Improved booths, an<br />
extensive seminar program, and better<br />
economic sentiment all contributed to the<br />
event’s success. “There was a bit of uncertainty<br />
as to how the market would react this<br />
year but the feedback we’ve had has been<br />
exceptionally positive,” said Gary Fitz-Roy,<br />
managing director Expertise Events.<br />
Approximately 6,500 buyers – an 11 per cent<br />
increase from 2008 – walked through the<br />
Sydney Convention and Exhibition Centre<br />
from August 30 to September 1.<br />
Meanwhile the Showcase<br />
awards dinner was held<br />
at the Star City Casino<br />
and attracted just under 300 guests, including<br />
members, suppliers and staff.<br />
The Showcase <strong>Jeweller</strong>s Member of the Year<br />
award was won by Stephen McCosker of Mystique<br />
<strong>Jeweller</strong>s who operates seven stores in Queensland,<br />
while Supplier of the Year was won by Pandora.<br />
The Member Recognition Award was received by<br />
Robert and Helen Ely of York <strong>Jeweller</strong>s.<br />
JEWELLERY MAGAZINE IN<br />
CONFLICT CONTROVERSY<br />
The story: Questions have been<br />
raised about the relationship between<br />
a leading industry supplier and<br />
the fledgling industry magazine<br />
<strong>Jeweller</strong>s Trade, including rumours<br />
one of its co-owners, Jeremy Keight,<br />
is associated with an advertiser, Euro<br />
Mounts Australia.<br />
The August issue of <strong>Jeweller</strong>s Trade<br />
featured an article on Euro Mounts<br />
Australia titled, “The Best of British<br />
Hallmark Available in Australia”,<br />
which appeared under the banner<br />
“Manufacturing”. The glowing<br />
endorsement of the company<br />
was written in the first person but,<br />
curiously, the article does not identify<br />
an author.<br />
<strong>Jeweller</strong> contacted the magazine’s<br />
editor Noel Lowry and Euro Mounts<br />
managing director Andrew Pitcairn for<br />
clarification over whether the piece<br />
was a story or an advertisement, and<br />
if it would be considered in breach<br />
of the Australian Press Council’s<br />
advertorial guidelines.<br />
Keight was also contacted directly<br />
for comment on his involvement<br />
with both magazine and supplier.<br />
No responses were received.<br />
Skagen celebrates 20 years with cocktail party<br />
The story: A celebration to mark the 20th<br />
anniversary of Skagen watches in Australia took<br />
place on 31 August at the Consulate General of<br />
Denmark in Sydney.<br />
It was attended by more than 70 guests,<br />
including Skagen retailers and staff, along<br />
with representatives of the media and Skagen<br />
founder Charlotte Jorst, who had flown in from<br />
the US.<br />
The limited-edition Skagen Swiss Movement<br />
collection was unveiled on the evening, with each<br />
guest receiving one as a gift.<br />
Jorst delivered an entertaining speech, praising<br />
Australians’ “zest for life”: “I have never met<br />
so many positive lovely people in one place, ever,”<br />
she said.<br />
Guests sipped champagne with elderflower cordial<br />
– a traditional Danish summer drink – and nibble<br />
Danish canapés including dill cured salmon, pink<br />
roast beef with caramelised onions and chocolate<br />
dipped almond and marzipan short bread.<br />
46 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
MY BENCH<br />
Gary Thyregod<br />
WORKS AT: Gary<br />
Thyregod <strong>Jeweller</strong>y<br />
AGE: 57<br />
YEARS IN TRADE: 40<br />
TRAINING: Sydney<br />
Technical College, four-year<br />
apprenticeship<br />
FIRST JOB: Henning<br />
Molgaard, 1979<br />
OTHER QUALIFICATIONS:<br />
Certificate IV Training &<br />
Assessment; I have been a parttime<br />
teacher at TAFE for the last<br />
10 years<br />
Favourite gemstone:<br />
Diamond. It’s intriguing and the<br />
more you work with diamonds,<br />
the more you appreciate them<br />
– especially when they have a<br />
colour.<br />
Favourite metal: Platinum,<br />
because it’s so malleable with<br />
a beautiful whiteness, and<br />
doesn’t oxidise!<br />
Favourite tool: Hammer,<br />
because it feels good to use.<br />
Best new tool discovery:<br />
A laser welder! It makes the<br />
impossible repairs possible.<br />
Best part of job: Most of<br />
the work I do is for private<br />
clientele, which includes<br />
one-off designs, remodelling<br />
of old jewellery and repairs, so<br />
it would be when you finally<br />
finish a piece of jewellery, and<br />
you are satisfied, and the client<br />
is extremely satisfied with<br />
the piece. Also, sharing your<br />
knowledge with others.<br />
Best tip to a jeweller:<br />
Experiment as much as you can<br />
with different techniques to<br />
develop your own design.<br />
What frustrates me most<br />
about the industry is… There<br />
is not enough appreciation<br />
for jewellery in this country.<br />
A lot of jewellery retailed here is<br />
imported. We have some of the<br />
world’s most talented jewellers,<br />
who are not recognised<br />
because of lack of exposure<br />
and public awareness. There<br />
needs to be a lot more<br />
promotion done. i
MY BENCH<br />
Gary<br />
Mouradjallian<br />
WORKS AT: King Street<br />
Design, owner<br />
AGE: 54<br />
YEARS IN TRADE: 39<br />
TRAINING: Six months<br />
at TAFE, then dropped<br />
out. The rest self-taught<br />
and experience.<br />
FIRST JOB: Started King Street<br />
Design with my brother Alan.<br />
OTHER QUALIFICATIONS:<br />
None<br />
Favourite gemstone: Opal –<br />
every piece is interesting and<br />
unique. Especially boulder<br />
opals, because they’re often<br />
delicate and naturally colourful.<br />
Favourite metal: Platinum.<br />
It’s hard to work with but<br />
long lasting.<br />
Favourite tool: My file as it<br />
does the job for lots of things.<br />
Best new tool discovery:<br />
Laser machine; it makes my<br />
job easier for small things and<br />
gives me time to work on more<br />
labour-intensive jobs.<br />
Best part of job: Finishing<br />
challenging and different<br />
pieces every week, dealing with<br />
clients, and receiving ongoing<br />
referrals from clients.<br />
Worst part of job: When a job<br />
is not working out correctly.<br />
Best tip from a jeweller: Sit<br />
down and watch and learn.<br />
Most of all, practise as much as<br />
you can outside of work hours.<br />
Best tip to a jeweller: Be<br />
patient and give yourself time<br />
to finish the piece.<br />
Biggest benefit to being<br />
mostly self-taught? Learning<br />
everything the hard way,<br />
which can be frustrating but<br />
very rewarding.<br />
Is your work mostly custom<br />
makes or repairs?<br />
Custom makes, however in this<br />
trade it pays to look after your<br />
customers with repairs.<br />
Love jewellery because:<br />
It’s challenging and creative<br />
and I make something new<br />
every day. i
SOAPBOX<br />
THE RACE TOWARDS AN ETHICAL FUTURE<br />
To put it bluntly, the Australian jewellery<br />
industry isn’t playing catch-up when it<br />
comes to ethics. The truth is, we’ve barely<br />
left the starting line – and we really need<br />
to pick up the pace.<br />
As an advocate for improving the ethical<br />
performance of the jewellery industry, I spend<br />
a lot of time researching what’s going on in<br />
jewellery-related supply chains.<br />
This means I keep an eye on what’s<br />
happening in the precious metals sector –<br />
small- and large-scale mining and recycling –<br />
and the evolution of the lab-created diamond<br />
industry and its impacts on the jewellery<br />
industry. I also watch what’s going on in<br />
gemstone mining, diamond and gem cutting<br />
and biogenic materials.<br />
Undeniably, there’s a steady shift towards<br />
greater transparency and responsibility in the<br />
jewellery trade. Not only in wealthy countries<br />
in Asia, Europe and the Americas, but also in<br />
many developing nations such as Tanzania,<br />
Colombia, Nigeria and Ghana.<br />
In my experience, Australian industry<br />
professionals remain conspicuously absent<br />
when it comes to participating in that<br />
dialogue at an international level. It feels like<br />
we’re in some quiet little backwater and the<br />
rest of the world is passing us by.<br />
And nowhere is this more apparent than<br />
when you examine our local retail jewellery<br />
and bespoke manufacturing sectors. Apart<br />
from a very small number of jewellery<br />
business operators – such as Megan Webb,<br />
Zoë Pook, Utopian Creations and a handful of<br />
others, including the company I co-founded,<br />
Ethical <strong>Jeweller</strong>y Australia, the subjects of<br />
responsible sourcing and ethics rarely get a<br />
mention in mainstream media.<br />
In the words of the late physics professor<br />
Julius Sumner Miller, you might ask, “Why<br />
is it so?” In my opinion it’s simply because<br />
our customers aren’t penalising us for not<br />
being more socially and environmentally<br />
responsible – not yet, anyway.<br />
Of course, it’s reasonable to ask, if jewellery<br />
customers don’t care, why should we?<br />
But there’s a simple answer – and this is where<br />
I get up on my soapbox – because, people, it’s<br />
the right thing to do. No more. No less.<br />
The harsh reality is the demand for jewellerymaking<br />
materials around the world fuels a lot<br />
of issues we see in the news: conflict funding,<br />
mercury pollution, habitat destruction,<br />
exploitation, child labour, greenhouse gas<br />
emissions, money laundering and all the rest.<br />
We, as an industry, need to take responsibility<br />
for the harm we cause. Because when the tide<br />
turns here in Australia, and it will, do you really<br />
want to have to explain to your customers<br />
why you don’t care about these things? That’s<br />
assuming you even get opportunity to justify<br />
your position – more likely, they’ll just go and<br />
spend their money elsewhere.<br />
It’s not as difficult as you may think. You can<br />
buy recycled precious metals, gemstones<br />
and diamonds. You can get Fair Trade<br />
gemstones and gold easily enough. You can<br />
source traceable diamonds, and you can buy<br />
lab-created whatever if you choose to take a<br />
position against mining.<br />
It’s all doable. You just have to care enough to<br />
want to do it.<br />
OF COURSE, IT’S<br />
REASONABLE TO<br />
ASK, IF JEWELLERY<br />
CUSTOMERS<br />
DON’T CARE, WHY<br />
SHOULD WE? BUT<br />
THERE’S A SIMPLE<br />
ANSWER – AND THIS<br />
IS WHERE I GET UP<br />
ON MY SOAPBOX –<br />
BECAUSE, PEOPLE,<br />
IT’S THE RIGHT<br />
THING TO DO<br />
Not convinced? Don’t take my word for it. Just<br />
open your eyes and look around.<br />
Look at Chopard’s commitment to ethical<br />
gold and Tiffany & Co.’s commitment to<br />
traceable sourcing and sustainability. Consider<br />
De Beers’ efforts to develop traceability<br />
technologies and the rapid evolution of<br />
blockchain in the jewellery space.<br />
Look at the initiatives undertaken by Diamond<br />
Foundry, Lark & Berry, Spencer Diamonds,<br />
MiaDonna, Swarovski and others in the ethical<br />
jewellery space internationally. All these<br />
companies and many more have jumped on<br />
the ethical bandwagon because, at the very<br />
least, they’ve recognised the shifting mood of<br />
the market.<br />
These are astute people – industry leaders.<br />
They’re not doing it for giggles.<br />
The future of your business lies in the hands<br />
of Millennials and Gen Z. These generations<br />
are smack-bang in the middle of the marrying<br />
age. They’re educated, they’re open-minded<br />
and they’re buying engagement rings,<br />
wedding rings, commitment rings. They’re<br />
buying anniversary gifts, push presents and<br />
more – and they’re taking strong cues from<br />
the sustainable fashion movement.<br />
My point is, if you haven’t been paying<br />
attention to any of this jewellery ethics ‘stuff’,<br />
you need to get on board now. Otherwise,<br />
you’ll get left behind.<br />
Name: Benn Harvey-Walker<br />
Company: Ethical <strong>Jeweller</strong>y Australia<br />
Position: Director<br />
Location: Sherwood, Brisbane<br />
Years in Industry: 12<br />
50 <strong>Jeweller</strong> <strong>October</strong> <strong>2019</strong>
INTERNATIONAL<br />
J E W ELLERY & WATCH FAIR<br />
It’s time to act for 2020.<br />
The International <strong>Jeweller</strong>y & Watch Fair is the perfect<br />
face-to-face platform to launch new products and strengthen<br />
your brand presence.<br />
Strongly supported by Australia’s leading industry groups,<br />
meet thousands of qualified buyers, gather leads and grow<br />
your customer base.<br />
Book now to secure your premium location at the International<br />
<strong>Jeweller</strong>y & Watch Fair and be seen, be remembered and be<br />
ahead of the game in 2020.<br />
September 12 – 14, 2020<br />
ICC Sydney > Exhibition Centre > Darling Harbour<br />
WWW.JEWELLERYFAIR.COM.AU<br />
Contact Mary-Anne Brown<br />
phone: +61 2 9452 7513<br />
email: Maryanne.brown@expertiseevents.com.au<br />
Organised by
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