DW JAN - FEB 2020
The Big Story - G & J Trade Loses Momentum, Thanks to Coronavirus
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