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Diamond World (DW) May - June 2020

Why Covid-19 will make people fall in love with diamonds all over again | Ban is good - Industry welcomes ban on rough imports | Hong Kong jewellery industry show mettle| An Irrevocable Loss - Arun R. Mehta, Rosy Blue Group

Why Covid-19 will make people fall in love with diamonds all over again | Ban is good - Industry welcomes ban on rough imports | Hong Kong jewellery industry show mettle| An Irrevocable Loss - Arun R. Mehta, Rosy Blue Group

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Cover Story<br />

The very first day Mumbai-based jeweller Anmol opened<br />

its store, the owner got a call from a celebrity client. She<br />

wanted to purchase diamond jewellery to gift to a friend on<br />

her birthday. After short listing two pieces over a video call, she<br />

asked to send both pieces to her residence, to pick one. She ended<br />

up buying both pieces of jewellery, one for herself and one for her<br />

friend. <strong>Diamond</strong> as a product speaks for itself. If a client makes an<br />

emotional connect with a piece of diamond jewellery, she may even<br />

exceed her budget by a few lakhs, rather than not buying a piece<br />

at all. So, we as an industry have an undue advantage of dealing<br />

with this beautiful, precious, rare and natural gemstone, which is<br />

a miracle. But are we doing enough to promote it? There needs<br />

to be a concerted effort by the industry to win back people’s<br />

trust and faith in diamonds. The truth is, the industry<br />

is in dire need for a strong, exhaustive campaign<br />

that promotes diamond jewellery, not just as an<br />

emotional asset but also as a financial asset.<br />

DiamonD WorlD | may-june <strong>2020</strong> | 67

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