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DW JAN - FEB 2020

The Big Story - G & J Trade Loses Momentum, Thanks to Coronavirus

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We are buying agents for<br />

American manufacturers and<br />

jewellery brands. Service is<br />

the main thing and they trust<br />

us and our expertise to source<br />

diamonds in Antwerp. We do<br />

all the buying on their behalf.<br />

The competition in business<br />

is increasing year by year but<br />

these buyers need a variety<br />

of products which one<br />

single manufacturer<br />

cannot supply.<br />

This is where we<br />

come into the<br />

picture and<br />

we source<br />

commercial<br />

quality goods for<br />

them in reasonable<br />

prices from top<br />

manufacturers, assort and<br />

provide it to them. Now we are<br />

also planning to participate in<br />

various trade events, through<br />

which we will get in touch<br />

with new retailers and buyers<br />

and grow the business further.<br />

I am based here and my father<br />

in Tel Aviv. We have access to<br />

all the best possible goods in<br />

the market<br />

Ayelet Lerner, Lerner<br />

Diamonds<br />

We had a very good 2019 at IGI, our numbers<br />

were up compared to last year, considering how<br />

challenging it was. Globally, there<br />

have been a lot of changes and<br />

this is because of political<br />

reasons. Hong Kong has<br />

been very difficult and it is<br />

the only place where our<br />

numbers were low. The<br />

dispute between different<br />

countries regarding import duties<br />

is also an issue but this should settle<br />

soon. Lab-grown diamonds can be positive for<br />

the market. It is here and going to stay and it will<br />

attract younger people who can’t afford natural<br />

diamonds or are intimidated by it. However, later<br />

in their life, when they get engaged, they will<br />

prefer natural diamonds<br />

Roland Lorie, IGI<br />

We deal in gemstones of high quality. We source sapphires<br />

from Kashmir, emeralds from Colombia and Zambia<br />

and rubies from Burma and Mozambique. We are only<br />

dealing with higher level clients right now because<br />

the commercial market is very quiet at the moment.<br />

Prices of diamonds are going down. Even in auctions,<br />

gemstones are garnering more prices. So, investors are<br />

looking at buying certified high quality gemstones<br />

oded Shapiro, Shapiro Gems<br />

70 | january-february <strong>2020</strong> | DiamonD WorlD

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