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VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY JULY 2025

Bright & White

Opal Outlook

Nasty or Nice?

SPECIAL WHITE METALS

THE AUSTRALIAN OPAL INDUSTRY

WHICH PATH SHOULD

AND SILVER JEWELLERY SHOWCASE FACES A CRITICAL CROSSROADS NATURAL DIAMONDS TAKE?


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VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY JULY 2025

THE AUSTRALIAN OPAL INDUSTRY

WHICH PATH SHOULD

NATURAL DIAMONDS TAKE?

JULY 2025

Contents

This Month

Industry Facets

9 Editorial

10 Upfront

12 News

26

29

48

10 YEARS AGO

Time Machine: July 2015

LEARN ABOUT GEMS

Around The World: Tourmaline

MY BENCH

Frank Prischl

31 OPALS & OPAL JEWELLERY

Opal steals the spotlight

Opals are increasingly popular among

consumers in Australia and abroad; however,

there are many challenges that the industry

must overcome.

24 Events

Features

31

50

SOAPBOX

Brendan McCreesh

OPALS & OPAL JEWELLERY

The opal industry is at a critical crossroads

39

WHITE METALS & SILVER JEWELLERY

Remarkable jewellery for every occassion

29 TRAVEL THE WORLD

Tricky tourmaline

Tourmaline is one of the most

complicated minerals to study;

however, the gemstone's stunning

array of colours continued to

entice jewellers, consumers, and

gemmologists alike.

Better Your Business

44

44

46

SELLING

RYAN ESTIS encourages you to conduct 'little experiments' within your business.

MANAGEMENT

DAVID BROCK highlights the importance of coaching within business.

MARKETING & PR

SHEP HYKEN reveals the secrets to memorable experiences in retail stores.

47

LOGGED ON

DAVID BROWN says that customer relationship management software is critical.

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Bright & White

Opal Outlook

Nasty or Nice?

July 2025 | 7


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Editor’s Desk

Natural diamond marketing: Nasty or nice?

Everyone knows that you don't win friends with salad.

SAMUEL ORD weighs in on the debate about natural diamond marketing.

The international jewellery industry

has found itself engulfed in a fiery debate

over the past month, ignited by provocative

natural diamond marketing campaigns.

For many years, the natural diamond

‘camp’, united by a shared resistance to

lab-created diamonds, has urged the

industry to fight fire with fire and

demanded bold marketing strategies.

For many, the fear was that lab-created

diamonds had captured the hearts and

minds of younger consumers with more

than just an accessible price point.

It seems that these consumers are

increasingly unmoved by marketing

campaigns centred around tradition.

Over the past month, it appears that the

natural diamond camp has finally heeded

these cries for a more aggressive stance.

The Antwerp World Diamond Centre

launched a cheeky two-day campaign,

with a gumball vending machine packed

with lab-created diamonds.

It was placed at a busy shopping centre

and passersby could ‘win’ a lab-created

diamond for just five euros. The organisation

insisted that the campaign wasn’t designed

to disparage lab-created diamonds.

Instead, it intended to illustrate a crucial

distinction between the two categories.

Explained simply, the notion is that no one

in their right mind would fill a gumball

machine with natural diamonds.

The World Federation of Diamond Bourses

followed suit, launching a social media

campaign that dismissed lab-created

diamonds as a mere ‘shortcut’.

Finally, the Natural Diamond Council

placed a provocative poster in New York

where natural and lab-created diamonds

were placed side-by-side with a series

of contrasting statements, such as

"for better vs for worse” and “rizz vs fizz.”

These campaigns have sparked debate

across the industry, exposing divisions and

raising broader philosophical questions

about the nature of marketing strategy.

It has been said these campaigns reflect a

profound sense of desperation within the

natural diamond industry. Critics suggested

that ‘mudslinging’ paints an image of an

industry that is out of touch and lacks ideas.

The consensus was that lab-created

diamonds are here to stay. Natural

diamonds must urgently market their

unique worth without alienating younger,

idealistic, and price-sensitive consumers.

Doesn’t every great story need a villain?

It’s understandable that many would

advocate for harmony and ‘fair play’.

These calls for unity are both predictable

and, in some cases, well-founded.

With that said, there are deeper complexities

at play, including the foundational principles

of effective marketing strategy. There are

some fundamental truths about human

nature that are worth remembering.

Firstly, you can’t make everyone happy,

and there are some people who, regardless

of the circumstances, are never happy.

If the so-called natural diamond ‘camp’

stayed the course and continued to largely

ignore lab-created diamonds, they would

be dismissed as stagnant. Now that there

has been a change of direction, critics are

emerging from the woodwork to disparage

the industry as out of touch.

Surprise! It’s impossible to please everyone.

That aside, when discussing marketing

strategy, it’s essential to remember that

humans are wired to define ourselves and

the world around us through contrast.

By determining and comparing opposites,

we establish clear boundaries. We often

come to understand who we are by

recognising who we are not, just as

our preferences are shaped in equal

part by that which we embrace and reject.

Storytelling is critical and every compelling

narrative thrives on the tension created by

conflict. Remember that consumers don’t

just purchase products, they embrace the

identity associated with those products.

People don’t drive cars, they wear them.

Brands that draw lines in the sand flourish

because people want to belong to something

distinct. Something and not everything.

In a crowded market, a peaceful message

often gets lost in the background. It’s the

villain or adversary that sharpens the story.

Portraying the competitor as a villain or

adversary isn’t always morally tidy.

We often come

to understand

who we are

by recognising

who we are

not, just as our

preferences

are shaped in

equal part by

that which we

embrace and

reject.

It can feel tribal and confrontational, because

it is; however, marketing isn’t about morality.

It’s a commercial discipline aimed at

achieving clarity, resonance, and conversion.

Damned if you do, damned if you don’t

With that said, are these natural diamond

campaigns perfect? No, of course not!

In my humble opinion, the AWDC’s ‘gumball’

stunt was a clever demonstration of the value

difference between natural and lab-created

diamonds. It was centred around the most

common talking point, price, and it found

a way to spin a positive into a negative.

The NDC campaign was a swing and a

miss. The language used on the poster was

‘unbecoming’ for a product that is intended

to represent elegance. I suspect that many

readers may not even know what the poster

meant by ‘rizz’.

Relying on stale slang does little to bolster

the natural diamond camp’s bid to appear

culturally relevant. If the goal is to position

natural diamonds as timeless, leaning on

fleeting trends is outright self-sabotage.

The most critical mistake was the visual

comparison of natural and lab-created

diamonds. If he purpose of the campaign

was to underscore their distinctions, the

identical images send a conflicting message.

Rather than demonstrating the difference,

as the AWDC campaign did, this only risks

deepening consumer confusion. More

alarmingly, it draws attention to the fact

that one can achieve the same jewellery

aesthetic at a fraction of the cost!

With that said, I cannot fault the NDC for its

efforts. While the execution may have been

imperfect, the change in strategic direction

was justified. For natural diamonds to remain

relevant, defining the category in opposition to

an alternative is not only useful, it’s essential.

Although the products are chemically

identical, contrasting natural and lab-created

diamonds shows that they are not the same.

Ask any parent of identical twins, and they’ll

tell you: They appear identical, but the truth

is, each is unmistakably different.

And isn’t that the very essence of the

entire controversy?

SAMUEL ORD

EDITOR

July 2025 | 9


Upfront

Rewind: Best Bench Tip

Stranger Things

Weird, wacky and wonderful

jewellery news from around the world

Diamond publicity stunt

The Antwerp World Diamond

Centre has completed a marketing

campaign that features a gumball

machine filled with lab-created

diamonds that can be won for €5.

The controversial two-day promotion,

‘We Protect A Legacy’, aimed to

promote natural diamonds by

highlighting the declining value

of lab-created diamonds. The

gumball machine contained

180 lab-created diamonds.

Shock purple surprise

Rio Tinto has announced the

discovery of an extremely rare fancy

colour diamond in Canada. In a social

media post, the diamond producer

announced the recovery of a 0.45

carat fancy colour purple diamond

at the Diavik Mine in Canada.

“Diavik diamonds are typically white,

so this came as a surprise,” the post

explained. “The purple colour likely

comes from a trace element such

as hydrogen or a twist in the crystal

lattice structure of the diamond."

Time for crime

A platinum and diamond pocket

watch owned by legendary criminal

mastermind Al Capone has impressed

collectors at auction in New York.

The Patek Philippe was sold at

Sotheby’s in New York for $USD92,500

($AUD142,00). It was purchased by

Berry’s Jewellers, a UK retailer, and

managing director Simon Walton

said it was a piece of great historical

significance. The pocket watch is

in Art Deco style and features 90

single-cut diamonds.

SEPTEMBER 2015

“Make what you love

and don’t compromise

on design – chances are

someone else will love it.”

JENNA O’BRIEN

JENNA O’BRIEN JEWELLERY

HISTORIC GEMSTONE

The Great Mogul

According to French diamond

merchant and explorer Jean

Baptiste Tavernier, The Great Mogul

was discovered around 1550 in

the Gani Mine (India) and weighed

780 carats in the rough. Tavernier,

the first European to lay eyes on The

Great Mogul and the imperial treasury,

noted Emperor Aurangzeb's possession of the diamond during

Louis XIV's era. Aurangzeb sent the stone to Venice for cutting by

Hortensio Borgis, resulting in a final shape described by Tavernier

as resembling "an egg cut in half." It boasts nearly 300 facets and

weighs approximately 280 carats. The transformation from its

original 780-carat rough form, marred by flaws, to its reduced size

displeased the emperor. Refusing payment, Emperor Aurangzeb

had the cutter severely punished, leading to his ruin.

Belgian tech company iTraceiT is developing a user-friendly

traceability app for artisanal diamond miners. It says small-scale

producers, often overlooked by other traceability solutions,

can add stones to the blockchain to document their

provenance. "Our mission at iTraceiT has always been

to make traceability accessible to every link in the

chain from multinationals to micro-producers,"

said

Frederik Degryse, the company's CEO. Its

app is designed to be accessible to users with

limited reading or writing skills. The project,

a collaboration with Belgian innovation agency

Verhaert, is part of the City of Antwerp's Diamond

Innovation Opportunity Programme.

Timeless Trends

Australian consumers love

purchasing jewellery from local brands

due to their unique designs, support for

local artisans, and high craftsmanship.

Buying local also fosters community

pride, aligning with increasing values

of authenticity and social awareness.

Campaign Watch

Actress Ana de Armas stars in

Louis Vuitton’s latest High Jewellery

campaign for the Virtuosity collection,

bringing her world-famous charm to a

campaign based around craftsmanship

and imagination. Photographed

by Sølve Sundsbø, the campaign

highlights the collection’s emphasis on

precision and creativity. The Virtuosity

collection features 110 pieces.

Images: Christie Nicolaides

Images: Louis Vuitton

VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY

Published by Befindan Media Pty Ltd

Locked Bag 26, South Melbourne, VIC 3205 AUSTRALIA | ABN 66 638 077 648 | Phone: +61 3 9696 7200 | Subscriptions & Enquiries: info@jewellermagazine.com

Publisher Angela Han angela.han@jewellermagazine.com • Editor Samuel Ord samuel.ord@jewellermagazine.com • Advertising Julia Tran julia.tran@jewellermagazine.com

Production Prince Bisenio art@befindanmedia.com • Digital Coordinator Riza Buliag riza@jewellermagazine.com • Accounts Paul Blewitt finance@befindanmedia.com

Copyright All material appearing in Jeweller is subject to copyright. Reproduction in whole or in part is strictly forbidden without prior written consent of the publisher. Befindan Media Pty Ltd

strives to report accurately and fairly and it is our policy to correct significant errors of fact and misleading statements in the next available issue. All statements made, although based on information

believed to be reliable and accurate at the time, cannot be guaranteed and no fault or liability can be accepted for error or omission. Any comment relating to subjective opinions should be addressed to

the editor. Advertising The publisher reserves the right to omit or alter any advertisement to comply with Australian law and the advertiser agrees to indemnify the publisher for all damages or liabilities

arising from the published material.


July 2025 | 11


News

Pleasing news for jewellers:

Sales improve during May

Australia’s independent jewellery retailers performed

well in May, with recently published analysis

documenting a 3.9 per cent increase in sales.

Data collected by Retail Edge Consultants

recorded a 3.9 per cent increase in sales over

the past month on a one-year comparison and

3.2 per cent on a two-year comparison.

The average retail sale (inventory only) reached

$273, increasing by 9 per cent compared with

the previous year and 23 per cent when compared

with 2023.

Unit sales decreased by 4.9 per cent on a

one-year comparison, and general manager

Leon van Megen said this signified an ongoing

shift to focused purchasing.

“The shift continues to reflect more intentional

buying patterns — fewer items sold, but at higher

price points,” he explained.

“This growth in average sale value continues

to offset unit volume losses and underpins the

overall sales revenue improvement.”

Regarding specific categories, diamond jewellery

sales increased by 4.4 per cent compared with

the previous year.

“The mild rebound shows tentative consumer

return to big-ticket items but suggests long-term

caution still remains,” van Megen added.

Revenue from colour gemstone jewellery

improved by 26 per cent, while jewellery without

a precious gemstone or diamond modestly

declined (1.2 per cent).

Silver and alternative metals jewellery improved

by 2.9 per cent when compared with 2024.

Analysis of lay-bys revealed an increase between

new orders and pickups or cancellations, while a

decrease was noted in services, such as repairs,

and special orders.

This analysis follows a modest decrease in sales

in April and March, after consecutive increases in

February and January.

Fine print: Major jewellery retailer penalised by ACCC

Michael Hill International is one of three

major retailers that received penalties

for allegedly making false and misleading

representations during last year’s Black

Friday sales in November.

The Australian Competition and Consumer

Commission (ACCC) has confirmed that

three retailers paid a penalty of $19,800

after being issued an infringement notice.

Deputy chair Catriona Lowe said businesses

are legally obligated to describe sales offers

accurately and cannot mislead consumers with

‘small print’ disclaims and terms and conditions.

Homewares retailer GRBA and Hairhouse

Warehouse were also issued with infringement

notices.

“We allege these claims misled consumers that

all goods in the physical or online store were

discounted, or that the discounts were greater

than was actually the case,” she said.

Expertise Events has announced that the

Mystery Box Bench Challenge will return to

this year’s International Jewellery Fair (IJF)

at Darling Harbour.

The competition debuted last year as a way for

emerging artisans to test their skills against a

deadline and in front of an audience.

Eleven students from Design Centre Enmore

TAFE NSW competed for three days in the

2024 Mystery Box Bench Challenge using a

random assortment of materials to design

and manufacture a piece of jewellery.

With $5,000 in prize money on offer, and an

ominous red countdown timer placing added

pressure on the participants, the Challenge

was deemed a great success last year.

Event organiser, Gary Fitz-Roy said, “After an

impressive debut last year, the IJF Mystery Box

Bench Challenge is back for its second year,

shining an even brighter spotlight on the future of

jewellery design and craftsmanship in Australia.

“This exciting initiative was born from a shared

vision: to highlight the importance of jewellery

education and the value of hands-on training.”

Along with the support of the Design Centre

Enmore, the 2025 competition is sponsored by

Chemgold, Combined Jewellery Supplies,

GAA and Palloys.

Last year’s winner was Solomon Gates, a

third-year apprentice with Saffo Jewellery.

He collected $2,500 in prize money.

“This challenge is more than a competition.

It’s a celebration of craftsmanship, education,

and the future of our industry," Fitz-Roy said.

“Advertisements that talk about ‘sitewide’ or

‘storewide’ sales or promise discounts ‘off

everything’ should deliver what customers

expect, and not be used by retailers to hook

consumers under false pretences.”

The ACCC took particular issue with

Michael Hill’s online advertisement that

promoted a sale with the phrase

"Member Event 25% off Sitewide.”

“Michael Hill’s statement may have misled

consumers, and contravened the Australian

Consumer Law, because some of the products

in its online store were not part of the sale and

were not discounted,” Lowe explained.

She added: “During the EOFY sales, retailers

should be aware that we will continue to

keep an eye on sales promotions to ensure

consumers are not being misled, and

retailers may face enforcement action if they

make sales representations that contravene

the Australian Consumer Law.”

Bench jewellers to be showcased at 2025 Sydney Fair

“And this year our aim is to add a professional

category which raises the bar and offers a

unique opportunity to bring the full spectrum of

our talent pipeline together — from emerging

students to seasoned jewellers.”

Last year's runner-up was Lachlan George,

a second-year apprentice from Evan’s

Manufacturing Jewellery while Rachael Behan,

a third-year apprentice from The Little Workshop,

finished in third place.

Following the competition last year, TAFE NSW

head teacher of jewellery design Gina Kind said,

“There are many ways we could expand the

competition over the next few years.

“There have already been discussions about

introducing an ‘open’ category for established

jewellers, as one idea.”

Fitz-Roy said, “It’s crucial that Australia continues

to invest in education for the next generation of

makers so we have a strong anchor here. The

Bench Challenge is our way to spotlight local

talent in an engaging, interactive way.”

12 | July 2025


News

Public Warning: Jewellery retailer slammed by Australian consumer watchdog

An Australian jewellery retailer once popular with

so-called Hollywood stars and local trend-setters is

in hot water after a flood of consumer complaints.

The matter has been sufficiently serious for

Consumer Affairs Victoria to have issued a public

warning on 22 May concerning Shannakian Fine

Jewellery, citing a wave of consumer complaints

about the business.

The government regulator provides a range of

services to support consumers and businesses,

including enforcing laws and conducting

investigations; however, Jeweller can also

report that Shannakian Fine Jewellery is

facing other serious legal issues.

The Consumer Affairs Victoria warning was

published on the regulator’s website and social

media accounts and detailed that consistent

complaints have been received from Australian

and international customers about the conduct of

the Melbourne-based business since February 2021.

“In September 2024, after receiving a spike in

consumer complaints, Consumer Affairs Victoria

issued Shannakian Fine Jewellery an Official

Warning, strongly encouraging the business to

refund affected consumers and address ongoing

consumer complaints,” the statement explains.

“Since 1 January 2025, Consumer Affairs Victoria

received a further 14 consumer contacts about

the unfair business practices of Shannakian Fine

Jewellery. This is in addition to the 28 consumer

contacts received in 2024.”

The public warning was issued by the acting director

of Consumer Affairs Victoria, David Joyner.

The complaints concern several areas of business,

including accepting payment for jewellery but failing

to provide it in a reasonable time, if at all. Other

allegations include failing to provide refunds

when requested and required.

“The conduct of Shannakian Fine Jewellery has

adversely affected the interests of its customers.

I have decided to issue this statement because

I am satisfied that it is in the public interest to do so,”

Joyner explained.

“I urge consumers to be cautious about purchasing

goods from Shannakian Fine Jewellery. I also urge any

current customers of Shannakian Fine Jewellery to be

wary of making further purchases and/or payment.”

What is Shannakian Fine Jewellery?

Shannakian Fine Jewellery is the trading name of

Shannakian Jewellery Pty Ltd (ACN: 674 419 277).

According to Australian Securities and Investments

Commission (ASIC) records, Hovig Shannakian

registered the company on 23 January 2024,

while Arpee Shannakian is frequently cited as

running the business with her husband.

The website explains: “Hovig Shannakian is

passionate about handcrafting superb jewellery from

the finest materials.

“With over 20 years of industry experience, Hovig

opened his Melbourne based Shannakian Fine

Jewellery in 2007, and has become one of

Australia’s most sought-after custom fine jewellers.

Shannakian Fine Jewellery can be described as

a ‘showroom’ business, in this case, a ‘retailer

without a storefront’.

Unlike a traditional jewellery store, customers must

make an appointment to visit the business. This

often involves the customer viewing the products

and/or organising custom jewellery, and the product

is delivered or collected at a later date.

Traditionally, showrooms were used in business-tobusiness

transactions rather than consumer retail.

A showroom does not usually carry stock that a

consumer purchases off the shelf.

The Instagram account for Shannakian Fine Jewellery

states that customers can visit the Melbourne or

Sydney showroom by appointment. Two addresses

are listed for the Melbourne showroom; however,

the Sydney address is unclear despite being

mentioned on social media and in consumer reviews.

According to the company’s website, the business

was opened in 2007 and has become a “go to for

discerning jewellery lovers and celebrities”.

The public warning marks a dramatic fall from grace

for an Australian jewellery company that once enjoyed

significant popularity among fashion trend-setters.

As documented on the company's social media

accounts, Britt Selwood, Bec Judd, Sonia Kruger,

Roxy Jacenko, and others have worn Shannakian

Fine Jewellery products.

The retailer also had international appeal, with

Khloe Kardashian and Kris Jenner spotted wearing

necklaces in an episode of Keeping Up With

The Kardashians in 2019. Other celebrities

photographed wearing the jeweller’s products

include former Miss Universe Australia Maria

Thattil and The Bachelor’s Snezana Wood.

Wind Up Notices

In an interesting conundrum, the company’s website

states that the business began in 2007, despite ASIC

records showing that Shannakian Jewellery Pty Ltd

was registered on 23 January 2024!

Furthermore, ASIC records also note that two

applications to wind up the company have been

filed — the first in July last year and the second in

February this year.

This is a legal document filed with a court to initiate

the process of dissolving and liquidating a company.

Applications are often made by creditors; however,

they may also be initiated by shareholders, directors,

or government regulators and/or agencies.

The first Wind Up application (July 2024) was filed

by an individual; however, the second (February 2025)

was filed by MMDIA Pty Ltd. ASIC records reveal

that Grown Diamonds is the trading name for

MMDIA Pty Ltd, registered in December 2018.

Jeweller contacted Grown Diamonds regarding the

Wind Up application for Shannakian Jewellery Pty Ltd;

however, no response was provided.

Interestingly, despite the Shannakian Fine Jewellery

website offering a broad range of diamond jewellery,

there appears to be no mention of ‘lab-created

diamonds’ or ‘lab-grown diamonds’ on the

business’ website or social media channels.

Social Media & Reviews

Shannakian Fine Jewellery is active on social media,

with accounts on Facebook, Instagram, TikTok,

YouTube, and LinkedIn.

The Facebook account has around 1,000 followers

and was registered on 28 February 2014. Interestingly,

it was registered as ‘Precision Diamond Setters’

before the name was changed to Shannakian Fine

Jewellery on 19 August 2015.

The page has five registered administrators

overseeing management, each from Australia.

Shannakian Fine Jewellery has more than 25,000

followers on Instagram, and the Consumer Affairs

Victoria statement says that many of the complaints

stem from this Instagram account.

Like many jewellery retailers, the Shannakian

Fine Jewellery website has a panel dedicated to

customer testimonials, most of which provide

glowing recommendations.

With that said, the feedback found elsewhere tells

a different story. The retailer has just one Trustpilot

review, which is exhaustive in detail and accuses

the company of misconduct.

The retailer has more than 400 Google Reviews

and a 4.7/5 rating. With that said, in recent weeks,

a flood of negative reviewers have accused the

business of failing to deliver products and refunds,

among other allegations.

A thread on the social media platform Reddit

contains various anonymous consumer complaints,

echoing the allegations detailed in Consumer Affairs

Victoria’s public warning.

Jeweller contacted Shannakian Fine Jewellery

requesting comment from Hovig Shannakian and/or

Arpee Shannakian. No response was provided.

July 2025 | 13


News

Tensions mounting on Swatch board

in long-term strategy dispute

In recent weeks, a special report has highlighted ongoing tensions on the

board of Swiss watch manufacturer Swatch.

The Wall Street Journal has exposed a dispute between the Hayek

family, which founded Swatch in 1983, and US fund manager and

investor Steven Wood.

The report reveals that Wood invested one-quarter of his $USD150 million

fund in Swatch in 2024 following an upbeat face-to-face meeting with CEO

Nick Hayek in 2024.

“Wood, who runs investment firm GreenWood Investors, reached out to Nick

Hayek, the founder’s son, in September,” writes Margot Patrick.

“The next month, the New York-based investor secured a meeting with the

CEO and the finance chief at Swatch’s timber-framed headquarters in Biel,

Switzerland, where they talked for more than two hours over coffee.

“Wood says they discussed marketing strategies, particularly for the high-end

brands, and how the company, known for its minimal contact with investors,

should share more information.”

Wood argues that the company could better emphasise scarcity and exclusivity

with comparisons to luxury brands such as Hermès and Ferrari. He also

suggests that collaborations with designers and celebrities would appeal to

younger consumers.

While these are far from revolutionary ideas, this newfound friendship turned

somewhat sour in March when Wood submitted himself as a board candidate

to represent the company’s minority shareholders.

The report claims that Nick Hayek stopped responding to Wood’s notes.

Swatch chairwoman Nayla Hayek responded to a letter but declined to

meet. Marc Hayek, president of Blancpain and Breguet, agreed to meet;

however, he suggested a date eight months away.

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Ahead of Swatch’s annual meeting, the board urged shareholders to

vote against Wood because he isn’t Swiss, suggesting that his lack of

understanding of corporate culture would be an issue.

Wood received 62 per cent support from minority shareholders; however,

only 19.7 per cent overall because of a dual-class structure, as the Hayek

family has 45 per cent of voting power.

The report continues: “Wood’s lawyers have since written to Swatch to

complain that the vote wasn’t carried out correctly and violated the rights

of minority shareholders.”

“The lawyers claim that minority shareholders should have gotten to approve

their candidate before the broader vote and that the wider shareholder base

didn’t have grounds to reject him.

“Swatch said the vote followed the legally correct procedure.”

The report concludes by revealing that Wood is building support to call

for another vote.


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July 2025 | 15


News

Incredible Cartier exhibition

not to be missed

Historic emerald necklaces command huge returns

A rare collection of more than 350 Cartier pieces,

many with historical significance, is on display

in London.

The exhibition, Cartier: Crafting the Exceptional, is

open at the Victoria and Albert Museum in London

until 16 November. It is the first major Cartier

exhibition in the UK in three decades.

It traces Cartier's evolution from Paris in 1847,

expansion into London in 1902, and present-day

status. It features many pieces from Cartier’s Royal

Collection and private owners, which are rarely seen,

if ever, in public.

“At the risk of sounding materialistic or elitist, the

magic of the exhibit — and of Cartier itself — is in

its most ostentatious, one-of-a-kind pieces,” writes

Louis Staples for The Cut.

“The iconic snake necklace, commissioned by

Mexican film star María Félix in 1968, features 2,473

diamonds that re-create the lifelike movement of the

reptile as it wraps around the wearer’s neck.

“A peacock brooch, emblazoned with rubies,

sapphires, emerald, and diamonds, was custommade

for Wallis Simpson, the Duchess of Windsor —

one of Cartier’s most frequent clients.

She continued: “For the exhibit, countless pieces

have been loaned to the V&A by King Charles

himself — such as a diamond microphone charm

gifted to a teenage Queen Elizabeth II by her father,

King George VI, to mark her first live speech on the

radio. In 1937, Cartier made 27 tiaras — an annual

record to this day — most of which were worn to

King George’s coronation.”

Other standouts include the Manchester Tiara,

created by Cartier in 1903. It features more than 400

rose-cut diamonds and was inspired by 18th-century

French design motifs. Princess Grace of Monaco's

engagement ring and the legendary Patiala necklace

are also displayed.

A remarkable 275-year-old emerald necklace

has shattered its presale estimate at auction

in New York.

The carved necklace features five Colombian

emeralds, weighing a combined 1,178 carats,

on gold and magenta cords. The necklace once

belonged to the Iranian ruler Nader Shah.

Shah seized the jewellery after capturing Delhi

in 1739 and taking control of the royal treasury of

the Mughal Empire (1526-1857).

The emerald necklace entered the Christie’s

auction in New York with a pre-sale estimate of

$USD2 million; however, it was sold for $USD6.22

million ($AUD9.66 million).

Head of jewellery, Rahul Kadakia, said the

historical significance couldn’t be understated.

A pink diamond, believed to have been owned by

Marie Antoinette, was the headline of a recent

auction in New York, commanding a huge return.

Marie Antoinette (1755-1793) was the last

Queen of France before the French Revolution,

known for extravagance, controversy, and an

early demise.

The Marie-Thérèse Pink Diamond is a 10.38-carat

kite-shaped fancy purple pink diamond, which

is believed to date back to the mid-18th century.

It headlined a Christie’s auction and returned

$USD14 million ($AUD21.57 million).

“These jewels represent not only the

lapidary mastery and grandeur of

Mughal India, but also a rare opportunity

to acquire some of the most significant

examples ever to come to auction,” he said.

“Tracing the rich legacy of the Mughal

dynasty, renowned for its iconic use of

emeralds, spinels, and pearls, this

collection marks a cultural milestone

and sets a new standard for the treasures

of this extraordinary era.”

A second emerald necklace (297 carats),

accompanied by emeralds, spinel, ruby,

and pearls, also thrilled collectors.

This piece had a presale estimate of

$USD2 million and was sold for $USD5.55

million ($AUD8.62 million).

Pink diamond with unique history stuns collectors

Rahul Kadakia, international head of jewellery,

said that it has been a memorable year for

collectors and enthusiasts.

“This season’s results highlight the tremendous

demand for jewels of exceptional rarity,

provenance and craftsmanship,” he said.

“Private collections and superb jewels were

met with enthusiastic and competitive bidding.”

The 17 June Magnificent Jewels event in New

York returned $USD87.7 million ($AUD135.15

million), setting a record for the auction house.

16 | July 2025


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July 2025 | 17


News

Massive boost coming for global

natural diamond marketing

An agreement has been reached in the international diamond industry to

create a collective marketing fund to support natural diamonds.

Representatives from countries such as Angola, Botswana, Namibia,

South Africa, Sierra Leone, and the Democratic Republic of the Congo

participated in a meeting in Angola to determine the details of what is

known as the Luanda Accord.

The fund will be used to create a generic global marketing campaign

supported by trade associations such as the Antwerp World Diamond Centre,

the African Diamond Producers Association, the Gem and Jewellery Export

Promotion Council, and the Dubai Multi Commodities Centre, as well as the

De Beers Group.

The agreement has not been finalised yet; however, it is expected to include a

1 per cent donation of annual rough export value from each producing country.

This will be determined based on Kimberley Process records.

“In total, the fund is expected to exceed $USD80 million, according to sources

at the meeting, and it will be collected on a sliding scale based on the amount

of rough each country sells,” explains Leah Meirovich of Rapaport News.

“It will be up to individual governments to determine, together with the

industry, the mechanism by which each participant will contribute to the

group fund, which the Natural Diamond Council will manage. The

not-for-profit organisation, which industry members fund, was created

to help promote the global natural diamond trade.”

Angola has already agreed to pledge $USD8 million up front, approximately

1 per cent of its rough exports for the year’s first half. This pledge will be

matched by The De Beers Group.

Jewellery retailers at risk of severe fines

under new Australian privacy laws

SUPPLIERS

DIRECTORY

AUSTRALIAN & NEW ZEALAND’S

#1 JEWELLERY & WATCHES DIRECTORY

Australian jewellery retailers are encouraged to review policies associated

with data collection, including loyalty programs, after significant changes

to the Privacy Act.

In November, sweeping Australian privacy reforms contained in the

Privacy and Other Legislation Amendment Bill 2024 passed both

Houses of Parliament.

Accounting firm BDO issued a statement encouraging retailers to prepare

for these changes. Forensic services partner, Conor McGarrity, said that

retailers should review loyalty program policies in particular.

“Loyalty programs collect vast amounts of personal data — addresses,

phone numbers, transaction histories, and preferences — often without

revisiting this information for years,” McGarrity said.

“The regulators are now taking a much harder stance, questioning

whether all of this data is still necessary to retain. For retailers, that

could mean facing scrutiny over data that no longer serves a valid

business purpose.”

He added: “The key to compliance will be accountability and transparency —

especially since individuals will now have the right to take legal action if

their privacy is breached. For retailers, this means a sharp focus on ensuring

that customer data, particularly in loyalty programs, is handled properly.”

Among the changes are a requirement for businesses to update their

privacy policy to disclose when decisions are being made using automated

processes, and severe penalties may apply unless proactive steps are

taken to identify, store, or remove customer data appropriately.

Find it 24/7.

You’ll want to bookmark this.

18 | July 2025



News

Seven people indicted for devastating $150 million jewellery heist

Seven people have been indicted for their alleged

involvement in what has been described as the

largest jewellery theft in the history of the US.

Around $USD100 million ($AUD154 million)

in goods was stolen from a Brinks armoured car

in July 2022, with 24 bags of jewellery stolen

from the vehicle while it was parked on the way

to a trade show.

Seven people have been charged with conspiracy

to commit theft from interstate and foreign

shipment and theft from interstate and foreign

shipment. According to the Department of Justice,

some of the stolen jewellery was recovered

during a search on 16 June.

A statement from the US Attorney’s Office for

the Central District of California described the

allegations.

“According to the indictment, on the evening

of July 10, 2022, [some of the accused] scouted

a Brinks semitruck leaving an international

jewellery show in San Mateo, California,

with 73 bags containing millions of dollars of

jewellery,” the statement explains.

“From the evening of July 10 to the morning of

July 11, [they] and other co-conspirators followed

the Brinks truck approximately 300 miles from

that jewellery show in San Mateo to rest stops in

Buttonwillow and Lebec, north of Los Angeles.

“While the truck was stopped in Lebec, those

defendants stole 24 bags from the Brinks truck

containing approximately $100 million of jewellery.

In the following days, all deactivated their cellphone

numbers that they had been using during the heist.”

Two of the suspects are already in custody, while

a third is currently serving a prison sentence for

burglary in Arizona.

Come and see us sharing

with Imperial Jewels on

STAND C30

GIA confirms appointment of new leader

The Gemological Institute of America (GIA) has confirmed the appointment

of Pritesh Patel as its new president and CEO.

Patel joined the GIA in 2015 as chief information officer and was elevated to

chief operating officer two years later. In his current role, he is responsible

for operational strategy, planning, developing, and implementing innovative

solutions.

Patel will take over the role on 4 August and board chair Lisa Locklear said the

new leader was well-suited to lead the organisation.

“Patel’s outstanding experience, character and understanding of the industry

and the institute are exceptionally well-suited to build upon GIA’s nearly 100

years of service to the industry and consumers, leading GIA to even greater

successes,” she said.

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Jewellery selling wholesale to the Trade

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Patel replaces outgoing president and CEO Susan Jacques, who is retiring

after 12 years in the post. Jacques will remain with the GIA as a strategic

advisor until the end of the year.

Locklear said that Jacques’ tenure has left the GIA well-positioned to navigate

the opportunities and challenges of the future.


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July 2025 | 21

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News

IJF Fair Event Line-Up

Sydney Fair 2025: the wait is nearly over!

The International Jewellery Fair is right around

the corner, and organisers Expertise Events have

confirmed a schedule of events and presentations.

The International Jewellery Fair will be held in

Sydney’s Darling Harbour from 23 August (Saturday)

until 25 August (Monday) at the International

Convention and Exhibition Centre.

The event comes hot off the heels of a successful

Australian Jewellery Fair (AJF) on the Gold Coast

in April. Expertise Events has previously confirmed

that after two years in Queensland, the AJF is

headed for Adelaide in 2026.

A central focus of this year’s Sydney Fair will be

the next generation of jewellers, headlined by the

return of the popular Mystery Box Bench Challenge.

The competition was created as a platform for

emerging bench jewellers to test their skills under

pressure and the watchful eye of the public.

In the inaugural edition of the Mystery Box Bench

Challenge, eleven students from TAFE NSW’s

Design Centre Enmore faced off over three intense

days, transforming a random selection of materials

into original pieces of jewellery.

With $5,000 in prize money at stake and a looming

red countdown clock heightening the drama, the

competition was hailed as a resounding success.

Along with the support of the Design Centre

Enmore, the 2025 competition is sponsored by

Chemgold, Combined Jewellery Supplies, the

Gemmological Association of Australia, and Palloys.

Expertise Events manging director Gary Fitz-Roy

said the return of the competition was an easy

choice to make.

“This challenge is more than a competition—it’s a

celebration of craftsmanship, education, and the

future of our industry,” FitzRoy said.

“And this year our aim is to add a professional

category which raises the bar and offers a unique

opportunity to bring the full spectrum of our talent

pipeline together — from emerging students to

seasoned jewellers.”

He added: “It’s crucial that Australia continues

to invest in education for the next generation of

makers so we have a strong anchor here. This

challenge is our way to spotlight local talent in an

engaging, interactive way.”

• The inaugural edition of the jewellery industry’s

‘Big Night Out’ event will take place on the evening

of 23 August (Saturday).

The event is designed for the entire industry –

including independent retailers, buying groups,

suppliers, and associations – to mix, mingle, and

connect in a relaxed environment.

The cruise on the Sydney Harbour includes food,

drinks, and entertainment, departing King Street

Wharf (9) at 7.30 pm and returning after 2.5 hours.

• The traditional happy hour cocktail party is

scheduled to go ahead at 5 pm on 24 August

(Sunday).

It’s an opportunity to engage with industry

peers, exchange insights, and build meaningful

connections in a relaxed and welcoming

atmosphere.

Enjoying complimentary drinks and unwinding

while also expanding your professional network

is an occasion not to be missed.

• Launching this year is the ‘Pick A Pearl

Promotion’, proudly sponsored by Ikecho.

The event will run three times a day during the

Sydney Fair. By entering the raffle, visitors have a

chance to win from a prize pool valued at more than

$5,400 in a unique pearl diving experience.

The major prize is the Opheilia Pendant, valued at

$2,900. The pendant features an Australian freeform

Mabe pearl, showcasing natural beauty and

adding a touch of elegance to every outfit. Made

from 9-carat yellow gold, this piece is designed for

those who appreciate one-of-a-kind jewellery.

• For those seeking education, a special

presentation from Richard Sauerman– more

commonly known as ‘The Brand Guy’ will take

place at 2 pm on 24 August (Sunday).

Sauerman is an expert in branding and believes

that everything you do and say as a business

should be driven and aligned with your strategy

and purpose. This includes the way you conduct

business, treat your staff, customers, and suppliers,

as well as your products and services, and your

marketing communications.

He has more than three decades of experience

working on branding at some of the world’s largest

advertising agencies, including Saatchi & Saatchi,

Ogilvy & Mather, DDB, and McCann Erickson.

He has also worked with companies such as

Coca-Cola, Microsoft, Levi’s, Streets, Toyota,

Nescafe, and Vodafone.

Supporting a worthy cause

In the lead-up to the International Jewellery

Fair, Expertise Events has announced the formal

adoption and promotion of the Hidden Disabilities

Sunflower initiative across its events portfolio.

The Hidden Disabilities Sunflower is a recognised

program that allows individuals with non-visible

disabilities to voluntarily and discreetly indicate

they may need additional support, time, or

understanding in public spaces.

It’s said that one in six people lives with a disability;

however, many live with conditions that are not

immediately apparent. The Sunflower symbol gives

those individuals a voice and the opportunity to

indicate their need for compassion and flexibility,

without having to explain.

“Events bring people together – and with that comes

the responsibility to ensure everyone feels seen,

respected and supported,” Fitz-Roy said.

“We’re proud to embrace the Hidden Disabilities

Sunflower to help create inclusive, understanding

environments across all of our exhibitions and

shows.”

Expertise Events staff will display the Sunflower

lanyard and bag and provide staff training, signage,

and resources to foster a welcome and accessible

environment for all attendees.

“Our shows are more than just business – they’re a

platform for connection,” Fitz-Roy added.

“By backing programs like the Hidden Disabilities

Sunflower, we’re not only enhancing the visitor

experience, but also helping build a more

empathetic and inclusive events industry.”

The International Jewellery Fair is sponsored by

Unison Jewellery and SAMS Group Australia.

The event is supported by Australia’s three industry

buying groups – Nationwide Jewellers, Showcase

Jewellers, and the Independent Jewellers Collective.

Collectively, these groups represent more than 600

independent retailers in Australia.

22 | July 2025


July 2025 | 23


Events Not to Miss

UPCOMING EVENTS

2025 Calendar

SINGAPORE

Singapore International

Jewelry Expo

Sands Expo & Convention Centre

SINGAPORE

jga.exhibitions.jewellerynet.com

10 JUL

13 JUL

JULY

10 JUL

13 JUL

07

27 AUG – 29 AUG

Japan Jewellery Fair (JJF) Tokyo

Tokyo Big Sight

TOKYO, JAPAN

japanjewelleryfair.com

29 AUG – 31 AUG

Inova Collection Hofheim Am

Taunus

Messecenter Rhein-Main

HOFHEIM AM TAUNUS, GERMANY

inova-collection.de

25 SEPT – 28 SEPT

JOGS San Diego Gem

& Jewelry Show

San Diego Convention Center

SAN DIEGO, USA

jogsshow.com

OCTOBER

10

06 AUG

07 AUG

Singapore International

Jewelry Expo

Sands Expo & Convention Centre

SINGAPORE

jga.exhibitions.jewellerynet.com

09

SEPTEMBER

2 SEPT

6 SEPT

10 OCT – 11 OCT

Kosmima Thessaloniki

Thessaloniki International

Exhibition & Congress Center

THESSALONIKI GREECE

kosmima-expo.gr/en

AUSTRALIA

Australian Opal Exhibition

Southport Sharks

GOLD COAST, AUSTRALIA

austopalexpo.com.au

23 AUG

25 AUG

AUGUST

06 AUG

07 AUG

08

Hong Kong Watch & Clock Fair

Hong Kong Convention & Exhibition

Centre

HONG KONG, CHINA

hktdc.com/event/hkwatchfair/en

NOVEMBER

11 NOV – 23 NOV

Jewellery, Gem & Technology

in Dubai

Dubai Exhibition Centre

DUBAI, UAE

jgtdubaijewelleryshow.com

12 NOV – 16 NOV

11

AUSTRALIA

International Jewellery Fair

ICC Sydney, Darling Harbour

SYDNEY, AUSTRALIA

jewelleryfair.com.au/IJF

Australian Opal Exhibition

Southport Sharks

GOLD COAST, AUSTRALIA

austopalexpo.com.au

06 SEPT – 08 SEPT

Bijorhca Paris

Porte de Versailles

PARIS, FRANCE

whosnext.com

Jewellery & Watch Show (JWS)

Abu Dhabi

ADNEC Centre

ABU DHABI, UAE

jws.ae

16 NOV – 17 NOV

HONG KONG

ADD EVENT

TO CALENDAR

& REGISTER

2 SEPT

6 SEPT

Hong Kong Watch & Clock Fair

23 AUG

25 AUG

International Jewellery Fair

ICC Sydney, Darling Harbour

SYDNEY, AUSTRALIA

jewelleryfair.com.au/IJF

13 SEPT – 15 SEPT

Delhi Jewellery & Gem Fair

Pragati Maidan

NEW DELHI INDIA

delhi.jewelleryfair.in

15 SEPT – 21 SEPT

Jewellery & Gem WORLD

Hong Kong

Asia World-Expo & Hong Kong

Convention & Exhibition Centre

HONG KONG, CHINA

exhibitions.jewellerynet.com/9jg

SJAJ - International Exhibition

of Jewellery and Watches

Novi Sad

Novi Sad Fair Center

SERBIA

sajam.net

27 NOV – 30 NOV

JMA Hong Kong International

Jewelry Show

Hong Kong Convention &

Exhibition Centre

HONG KONG, CHINA

jewelryshows.org

Hong Kong Convention & Exhibition Centre

HONG KONG, CHINA

hktdc.com/event/hkwatchfair/en

24 | July 2025


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July 2025 | 25

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10 Years Ago

Time Machine: July 2015

A snapshot of the industry events making headlines this time 10 years ago in Jeweller.

July 2015

ON THE COVER

PINK KIMBERLEY

Editor’s Desk

Ignore bread-and-butter jewellery

at your own risk

"A generally-accepted definition of

bread-and-butter products is those that

are dependable and regular sellers;

those items that don’t need heavy

promotion and discounting.

"These might differ from one retailer

to the next but all retailers have them.

Bread-and-butter items are the

mainstays of business – reliable income

sources – and suppliers encourage

retailers to replenish stock once sold.

"Suppliers say there are many reasons

why retailers don’t act quickly enough

to ensure they have bread-and-butter

items in stock at all times, and it

frustrates them."

Soapbox

The power of passion

"After looking at dozens of window

displays, I came up with the answer. I had

the silver bullet, the foundation of every

successful design – the halo setting!

"The problem was that instead of being

inspired to create designs that would rival

any high-street window, I was absolutely

bored to death.

"It is here where we have the philosophical

question of what came first: the chicken or

the egg? Why do customers want the halo

setting? It is because they really want it or

is it because it is all we are giving them?"

Mark McGuire

Celestial Fine Jewels

Historic Headlines

Aussie men’s jewellery supplier lands luxury partner

India deals with diamond ‘crisis’

Thomas Sabo jewellery moves into ‘personalisation’

Showcase Jewellers shifts focus

Pandora jewellery renews oldest store

Jewellery fair comp attracts

international talent

Attendees at the upcoming Sydney jewellery

fair will have the opportunity to learn from

an international jewellery manufacturing

competition winner – who has also agreed to be

involved in a new industry contest.

The inaugural Jewellery Design and Manufacturing

Championships (JDMC) is an initiative organised by

the Young Jewellers Group (YJG), with the support

of International Jewellery Fair (IJF) organiser

Expertise Events. The competition will provide

local jewellers with the chance to showcase their

manufacturing skills while competing against

fellow industry participants.

The JDMC, which is loosely modelled on the

US Bench Pressure Challenge held in Chicago,

will require jewellers to complete a number of

manufacturing techniques within a set timeframe

before a live audience.

Jewellers can learn from

Myer’s digital move

The boundaries between physical and online

retailing appear to be diminishing, with retailer

Myer trialling a new digitally-focused initiative in

one of its bricks-and-mortar stores.

‘The Hub’, which is being tested at the Myer store in

Parramatta, Sydney, seems to be an attempt by the

company to reassert its relevance in a digital age

and overcome declining profits.

The company’s six month results to end of January

2015 showed a 23 per cent loss in net profit after

tax and a full year guidance up to 24 per cent lower

than the previous year’s profit.

Commenting on the new concept, a Myer

spokesperson told Jeweller, “[The Hub] brings

together the digital/online shopping experience

with a range of concierge services in one

convenient, in-store location – Myer’s ‘open

kitchen’ of e-commerce.”

STILL RELEVANT 10 YEARS ON

“Most customers will bear an

occasional misstep or problem

that is handled quickly and

with care; however, they won’t

tolerate neglect, rudeness,

broken promises, unnecessary

bureaucracy and inconsistency, just

to name a few examples.”

Jewellery crime gang:

CCTV provides new clues

Police have released CCTV photos and video

footage in the hope of catching a team of brazen

thieves that robbed two salesmen of about

$700,000 in diamond and gold jewellery.

Detectives at the Stonnington Crime Investigation

Unit have released images of a car, believed to

be a Mitsubishi Verada wagon, which may aid in

the ongoing investigation of a jewellery theft that

occurred in South Yarra, Victoria on 14 July.

As previously reported by Jeweller, the incident

involved two Hong Kong jewellery suppliers who

were seated in their car following an appointment

with a jewellery retailer. Two masked thieves

smashed the vehicle windows and stole two

backpacks containing white gold and diamond

jewellery from the back seat.

Apple remains mum amid poor

watch sale rumours

Apple’s decision to withhold exact sales figures for

the Apple Watch has led to speculation that the highprofile

smartwatch may not have performed as well

as expected.

The technology giant’s financial results for the third

quarter ended 27 June 2015 notably lacked distinct

sales details for the Apple Watch, despite the

fact that the device’s launch in April this year was

described by company CEO Tim Cook as a “major

highlight of the past quarter”.

Revenue for the smartwatch was grouped into the

‘other products’ category along with the iPod, Beats

Electronics – a streaming music service and audio

equipment business Apple acquired in May last

year – and other Apple accessories.

The category achieved US$2.6 billion (AU$3.6 b),

a 49 per cent increase compared to the previous

corresponding period’s US$1.8 billion (AU$2.5 b).

READ ALL HEADLINES IN FULL ON

JEWELLERMAGAZINE.COM

26 | July 2025


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28 | July 2025


REVIEW

Gems

Brazil: The taming of Tourmaline

Tourmaline - this ever-growing and

complex group of gemstones fascinates

and frustrates us in equal measure.

Diamonds may be the most popular

gemstone in the world; however, to be

a gemmologist, one must also love the

many varieties of colour gemstones.

In that regard, surely tourmaline, known for

its array of beautiful colours - sometimes

with multiple colours in the one stone -

would be a firm favourite. However,

tourmaline is also one of the most

complicated groups of minerals to study.

For starters, it is a very large family.

While its most popular members are the

red to pink stones (rubellite), blue stones

(indicolite), green stones (verdelite and

chrome tourmaline), and neon blue,

green, and teal stones (Paraiba), the

scientific sorting and nomenclature

of the stones is much more complex.

The tourmaline umbrella consists of more

than 50 different mineral varieties, which

are classified under three primary groups

(alkali, calcic, vacancy) based on their

chemical composition. Now, it gets tricky.

Let’s say you know a mineral family is proving

difficult when the simplified version of its

chemical formula resembles alphabet soup

and instead is best expressed with the words

“complex boro silicate” - which seems to be

the scientific way of saying “it’s complicated!”

While most of the tourmalines we use in

jewellery belong to either the elbaite (alkali)

or fluor-liddicoatite (calcic) varieties, the truth

is that it is impossible to identify the variety of

tourmaline with standard gemstone testing.

In gemmology, we can separate gemstones

into groups by their constant physical

properties. For example, we know that

members of the crystalline quartz family,

such as amethyst and citrine, will have a

refractive index (RI) of 1.54-1.55 and a

specific gravity (SG) measure of 2.65;

sapphires will have an RI of 1.76-1.77

and an SG of approximately 3.95.

Indeed, most gemstones have identifiable

constant physical properties, despite being

found around the world. The constants vary

and overlap when it comes to tourmaline.

Pinning the different gemstones into

distinct groups and varieties is so tricky

that calling them all ‘tourmaline’’ is easier.

Without access to specialised equipment, we

identify them by their colours, for example,

‘watermelon tourmaline’, a multi-coloured

gem with a pink core and a green outer layer.

With that said, even that has proven fraught.

As exciting as it must have been to discover

the copper-bearing tourmaline in Paraiba

state, in Brazil, in the 1980s, it added yet

another gemstone and chemical variant to

the family.

When similar vibrant neon blue, green

and teal colour tourmalines, also caused

by traces of copper and manganese, were

discovered in the early 2000s in African

countries, it prompted discussion over

whether they could also be called 'Paraiba

tourmaline'.

Technically, the gemstones from Brazil are

‘Paraiba tourmaline’, and the gemstones

with the same composition; however, mined

from African deposits are ‘Paraiba-type

tourmaline’. For most purposes, the naming

convention is to simply call them all Paraiba

tourmaline, with a country of origin listed

on reports.

In some ways, this confusion surrounding

tourmaline continues its long history. For

centuries, tourmaline was often mistaken

for other gemstones, with the green stones

mistaken for emeralds. It wasn’t until 1707

that the name ‘tourmaline’ was recorded

in Western literature.

Gemmology has come a long way since

then, but perhaps it is fitting that the

tourmaline group of gemstones still

confounds scientists today.

Family:

Hardness: 7-7.5

Pleochroism:

Main colours:

Main sources:

Acceptable treatment:

Strong; differential absorption

Pink-red, blue, green, vibrant green, teal

and blue, multi-coloured

Brazil, Madagascar, Tanzania, Mozambique,

Namibia

Heat

NATALIE HAMBLY is a Sydney-based writer and

gemmologist with a background in journalism

and media. For more information on gems and

gemmology, visit www.gem.org.au

July 2025 | 29


30 | July 2025


OPAL OUTLOOK

Future of a National Gemstone

Australia has been the world’s leading source

of precious opal for more than 140 years,

with mining operations spread across the

arid interior regions of New South Wales, Queensland,

and South Australia.

This remote yet iconic landscape, the margins of the

Great Artesian Basin, continues to yield one of nature’s

most distinctive – and now coveted – colour gemstones.

A Gemstone Industry

at a Crossroads

Hidden behind clouds of economic uncertainty,

bureaucratic red tape, and workforce

challenges, there’s a bright future on the

horizon for the Australian opal industry.

DAMIEN CODY

provides a framework for

reaching the maximum potential of opal.

CODY OPAL

Despite the increasing popularity of Australian opal in domestic

and international markets, this unique industry finds itself at a

critical juncture. Facing compounding economic, regulatory, and

structural challenges, critical impositions are threatening the

long-term viability of these mining operations.

Australian opal holds a distinctive place in the global gemstone

hierarchy. While diamonds, rubies, sapphires, emeralds, and

pearls dominate the upper echelon of consumer awareness and

remain prestigious treasures, opal has emerged as a vital part of

the next echelon of premium colour gemstones.

Its appeal is well-established among leading international

jewellery brands and manufacturers. Australian opal is

increasingly incorporated into these luxury collections, as

designers are attracted by its natural brilliance, unique optical

phenomena, and the romantic provenance of the outback.

» Tiffany & Co.’s Blue Book 2024 featured the ‘Star Burst’ chapter,

complete with jewellery highlighting the chemistry of diamonds

and crystal opal in show-stopping luxury designs.

Chief artistic officer Nathalie Verdeille said the inspiration

for the collection was the brilliant luminosity of galaxies in

the night sky, and explained that exceptional crystal opal

surrounded by diamonds was the best way to represent

this visually striking phenomenon.

» Australian opal has appeared in many designs from

Cartier in recent years. When a new flagship store was

opened in Sydney in 2022, it was complete with the

‘Opal Bar’ – a curved turquoise marble counter where

shoppers can taste cocktails.

In an interview with the Australian Financial Review, creative

director Jacqueline Karachi said she once dismissed opal as far

too ‘common’; however, because of the natural beauty of these

gemstones, it has proven too enchanting to ignore.

» When Louis Vuitton released the Virtuosity collection,

the Savoir suite featured a leading necklace with a

30-carat black opal flanked with the brand’s motifs.

The piece took more than 1,500 hours to complete and is

accompanied by a pair of earrings, a ring, and a bracelet,

each glittering with opal.

Indeed, the rising status of Australian opal as a colour gemstone

of desire in the high-end sphere has given it a firm foothold in

the luxury market. With that said, it’s an industry under pressure.

The broader luxury goods market is facing a prolonged period of

heightened uncertainty, shaped by ongoing geopolitical tension,

macroeconomic instability, trade barriers and disputes,

and shifts in consumer confidence and discretionary spending.

The colour gemstone industry, which relies on discretionary

spending, is often the first to suffer during an economic

downturn and, by extension, is the last to recover.

July 2025 | 31


TIFFANY & CO.

PINK KIMBERLEY

UNITED VOICES

JEWELLER - JULY 2024

Please don’t forget

about the little guy!

Opal cutting is a specialised field, and

while there are lapidary clubs across Australia

that are educating the next generation, we

need more.

Lapidary involves all manner of machines,

cutting and polishing wheels, and dremels –

and another workforce of people provides

these tools and services.

The next level is the buyers, who travel around

the country purchasing opals. They fly in and

fly out, hiring cars, staying in motels, and

eating in restaurants, and so we see the flowon

impact for tourism and accommodation.

From there, we meet the industry level

you’re likely familiar with — suppliers and

retailers. Jewellers turn the opal into works

of art, which they then sell to consumers at

the retail level.

Many buyers from exotic locations in every

corner of the earth travel to Australia to

purchase opals.

It doesn’t matter whether it’s a king or a

queen, an emperor or a president; when you

see influential, high-profile figures abroad

wearing Australian opals, these are the people

who bring it to them.

These buyers are spreading the word about

our gemstone on the international stage.

The same could be said for television shows

like Outback Opal Hunters. They’ve done an

excellent job increasing awareness about the

industry.

Anyone who comes to Winton and looks at

our visitor book will see the terrific number

of people travelling from overseas to witness

firsthand a uniquely Australian industry.

Alison Summerville,

QUEENSLAND BOULDER

OPAL ASSOCIATION

SOKLICH & CO.

Trade fairs are the traditional commercial engines

of the opal trade. Events in Tucson, Hong Kong,

Las Vegas, and Geneva, to name but a few, have

seen diminished attendance and transactional

activity over the past two years for varying reasons.

The more pressing, structural threat to the

industry lies in a significant and sustained

decline in production.

Australia’s opal production has contracted sharply

over the past five years. While part of this decline

is attributable to the finite nature of opal-bearing

ground, the predominant cause is the decreasing

number of active miners and prospectors.

The reasons for the decline in the overall

workforce are complex. Rising operational

costs, such as diesel, equipment, and labour,

have contributed to this issue, as has restrictive

environmental and land access regulations and a

lack of practical and financial support for smallscale

operators.

Many miners have left the opal fields to take up

work in coal, gas, and mineral ore production

operations around various parts of Australia.

These experienced miners are understandably

attracted to the higher wages, favourable working

conditions, and, perhaps most importantly, regular

and sustainable income. Furthermore, the opal

industry is demographically skewed.

The average age of an opal miner is increasing,

and newer entrants to the gemstone fields – the

next generation of the trade – are exceedingly rare.

Despite a valuable boost in visibility from several

popular television series, such as Outback Opal

Hunters, the realities of a high-risk, high-cost,

and bureaucratically complex working

environment are deterring the next generation.

Indeed, opal mining is a very easy pursuit to

romanticise with its sense of adventure, discovery,

and freedom.

26.3 CARAT

BLACK OPAL

CODY OPAL

However, there are other factors that weigh heavily

on those considering making the leap.

Regulatory Red Tape & Land Access Challenges

The opal mining industry faces mounting friction

with competing land-use interests and policy

frameworks. Government decisions in recent

years have constrained access to proven and

prospective opal fields.

• One example is the permanent closure of

Mintabie in South Australia, with the land returned

to the APY (Anangu Pitjantjatjara Yankunytjatjara)

people.

The opal fields at Coober Pedy, Mintabie, and

Andamooka, once supplied most of the world’s

precious opal, with significant exports headed to

Asia, Europe, and the US.

The Pitjantjatjara Land Rights Bill 1980 recognised

that opal mining would continue in Mintabie and

included provisions to control that activity.

Nearly four decades later, in 2018, the state

government declared that it would not renew

any leases in the town. All land was leased from

the government, meaning this amounted to a

compulsory closure of the town in 2019.

Management of the land was reverted to the

local Aboriginal land council, Anangu

Pitjantjatjara Yankunytjatjara.

• More recently, the conversion of Vergemont

Station, a large area of productive ground in

Queensland, into a protected National Park,

was a devastating blow for local miners.

Vergemont Station, located 140 kilometres west

of Longreach, was acquired in a joint purchase

by the Queensland government and the Nature

Conservancy. The purchase was finalised after

an anonymous donation of $21 million.

The 352,000-ha property had been for sale

since 2016.

32 | July 2025


July 2025 | 33


Opal Outlook | FUTURE OF A NATIONAL GEMSTONE

IKECHO

ELLENDALE

DIAMONDS

UNITED VOICES

JEWELLER - FEBRUARY 2025

ELLENDALE

DIAMONDS

There’s nothing more

expensive than a

missed opportunity

We now face a new challenge: meeting the

supply demands this passion has created.

It is becoming increasingly difficult for our

industry to do so.

It’s a complex issue; I won’t pretend to have

all the answers!

The view from the ground floor shows a

shortage of younger people entering opal

mining as more experienced veterans of

the trade retire.

Exploration and mining are costly practices,

and methods such as drilling are expensive

and do not guarantee results, making it

harder for smaller miners to survive.

Unlike other adjacent mining industries,

where large companies drive scientific

advances, the opal industry is dominated

by smaller independent operators.

There’s a need for more efficient and

scientific approaches to prospecting, such as

using satellite imaging or ground-penetrating

radar, to identify areas of promise.

The industry needs greater government

support, particularly in removing the

bureaucratic hurdles and ‘red tape’ that

prevents miners from getting to work.

Current processes, such as lease approvals

and compensation agreements, can be slow

and costly, which hampers production.

This issue is exacerbated by the many

different ways opal mining is governed in

Queensland, South Australia, and New

South Wales.

A more uniform approach across these

states could help the industry grow, as

miners from different regions would be

able to communicate and collaborate to

resolve issues.

Erik Madsen,

AUSTRALIAN OPAL CENTRE

Two neighbouring stations, Tonkoro (138,200ha)

and Melrose (73,048ha) - were also purchased

by the state government and added to existing

national parks.

These purchases led to speculation within the

opal industry that Vergemont would be converted

into a national park — speculation that has now

been proven accurate.

Queensland’s environment minister, Leanne

Linard, said the government would work with

the industry to ensure the future of opal mining.

The opal mining industry had little faith in this

commitment.

Queensland Boulder Opal Association president

Alison Summerville described the purchase as a

‘nuclear bomb’ striking the mining industry.

• Meanwhile, in New South Wales, a prolonged

shutdown of opal mining occurred due to

administrative errors affecting lease renewals,

highlighting severe concerns for the future of

the industry.

Hundreds of opal miners had their livelihoods

threatened after the discovery of an administrative

error rendered their government-approved

licences invalid.

A government notice stated that small-scale

mineral claims granted or transferred between

January 2015 and February 2023 were affected.

The review uncovered more than 3,300 mineral

licences deemed invalid, impacting businesses

in Lightning Ridge and White Cliffs.

Minister for Natural Resources Courtney

Houssos apologised for the incident and

commissioned a review.

The review was completed by former Land and

Environment Court Judge and NSW Attorney

General, Terry Sheahan AO.

Key figures in the opal trade criticised the

recommendations, suggesting they would

cripple an already struggling industry.

A working group featuring opal miners,

landholders, and other key stakeholders was

established to review these recommendations

and advise the NSW Government.

For now, the industry anxiously awaits the

outcome of this process, hoping that some

positive results will eventuate as recognition of the

economic potential this trade presents to these

regional communities and the nation at large.

Paradox: Opal Supply & Demand

Unlike many commodity markets, opal has

historically defied classical supply-demand

economics. During its production peak during

the 1980s, greater availability counterintuitively

stimulated global demand.

With more opal in circulation and a consistent

supply available to jewellers and dealers,

an expansion of consumer awareness and

appreciation followed.

7.07 CARAT

RED ON BLACK

CODY OPAL

MINING IN KOROIT

In other words, it was a virtuous circle of

volume and price appreciation. This historical

insight supports an argument that revitalising

production, rather than limiting it, can

strengthen market depth and pricing.

There is more opal out there waiting to be

discovered. If barriers are removed and mining

is encouraged, a significant opportunity

is on the horizon.

If opal miners are rewarded with better prices,

there will be an increase in the production of, and

by extension a stimulus in the promotion of this

uniquely beautiful Australian gift from nature.

As mentioned, some of the world’s leading

figures in the luxury market – Tiffany & Co.,

Louis Vuitton, and Cartier, to name just a few

– are ready to play their part.

Beyond these luxury ‘titans’, it is also important

to consider the market impact of opal jewellery

for traditional retailers.

With diamonds facing structural disruption

from the ‘noise’ created by lab-created diamond

alternatives, retailers are turning to colour

gemstones, where margins are better and

prices are stable.

Furthermore, consumers are increasingly willing

to ‘experiment’ with non-traditional options for

important luxury purchases, such as engagement

jewellery.

Consumers are also increasingly attracted to

natural and untreated gemstones with a clear

and easy-to-understand provenance and verifiable

ethical sourcing credentials. Opal is ticking all

the right boxes!

Indeed, Australian opal meets these criteria.

It is not treated or enhanced, and is mined

under one of the world’s most transparent

and environmentally regulated frameworks.

34 | July 2025


LOUIS VUITTON

This positions the gemstone to capture a share in the shifting luxury

consumer landscape, particularly among younger, values-driven

customers.

That said, emerging consumer markets, including China, also

represent an opportunity. Opal has gained traction on social

commerce platforms such as Little Red Book and Alibaba.

This is fuelled by influencer marketing and increasing consumer

literacy and knowledge of gemstones.

However, restrictive duties, taxes, and capital controls currently

impede larger-scale market penetration. Improved trade arrangements

or tariff concessions could unlock significant expansion in this

high-potential region.

Industry Leadership

For far too long, the Australian opal industry has suffered greatly

from the tactics of unscrupulous traders who have passed off dyed

or smoked hydrophane opal, and even synthetic black opal,

as ‘the real deal’ – authentic black opal.

Similar issues have been noted within the industry regarding unstable

porous opal, which is deceptively traded as solid Australian light opal.

The inconsistent and haphazard use of terms and deceptions for

opal types has enabled these deceptions and scams to succeed at

times, and consumers and jewellery store owners are being misled.

Industry stakeholders, including representatives from the Gemmological

Association of Australia, the Australian Opal Association, and the

Jewellers Association of Australia, have held consultations.

The World Jewellery Confederation (CIBJO) has been provided with a

framework to classify opal from all of the world’s deposits.

A team of Australian representatives is now working with CIBJO to

develop a comprehensive Opal Guide that will provide the standards for

opal classification and nomenclature.

It’s hoped that this framework will standardise the language used

in the colour gemstone and opal industry and, as a result, reduce

opportunities for these aforementioned unscrupulous traders to

employ misleading and deceptive practices, which trade a

‘quick buck’ for consumer faith and trust in the industry.

PEARL & OPAL JEWELLERY STYLED BY NATURE

wholesale.ikecho.com.au | 02 9266 0636 | enquiries@ikecho.com.au


NATIONAL OPAL COLLECTION

UNITED VOICES

JEWELLER - JUNE 2025

19.89 CARAT

CRIMSON ROSELLA

CODY OPAL

Good fortunes:

The living spirit of

the Australian opal

industry

Nowhere is this more evident than in

the opal industry, a vibrant and uniquely

Australian trade that captures the essence of

what it means to live in ‘the lucky country’.

It’s a privilege to be a part of this remarkable

gemstone industry, a space defined not

only by the captivating natural beauty of

Australia’s national gemstone, but by the

character and camaraderie of the people

who keep the wheels turning.

The opal industry is comprised of an

extraordinary tapestry of individuals from

all walks of life and corners of the globe.

It is founded on dreams, grit, and

determination that define many of

Australia’s iconic trades.

What sets the opal industry apart, however,

is the sheer individuality of its people.

The vast majority are self-employed

small business owners – be they miners,

cutters, traders, or jewellers – and it’s this

entrepreneurial spirit that gives the industry

its distinctive nature.

There’s a unique form of generosity that

runs deep within the opal community. An

impressive variety of skills and expertise

accompany the ‘can-do’ attitudes that thrive.

These range from geology and gemmology

to gemstone-cutting and expertise in

jewellery design and retail.

What binds everyone together is a shared

resilience – a collective ability to face

the inherent risks of the trade with good

humour, adaptability, and support for one

another.

Maxine O’Brien,

AUSTRALIAN OPAL EXHIBITIONS

Ethics & Values

Seven years ago, I co-authored an article with

Dr. Laurent Cartier and opal expert John

Winch, published in InColor magazine.

The purpose of the article –

‘Australian

Opal Mining: A Model for Responsible

Mining’- - was to outline the sustainability

credentials of the opal industry.

While the world has dramatically changed over the

past decade, the facts outlined in that article remain

critically relevant today. They highlight how the

uniquely homegrown provenance of opal is a major

victory for all stakeholders — miners, jewellers, and

consumers.

Explained simply, today’s consumers are spoiled

for choice when shopping online for luxury goods,

including colour gemstone jewellery. Many modern

consumers have embraced responsible sourcing

and sustainable mining as important factors during

the purchasing decision.

Colour gemstones are diverse in species and source

distribution. Many are found in underdeveloped and

remote locations.

The varying geography, political environments,

and socio-economic conditions of these locations

have created a fragmented supply chain.

This means that tracing most gemstones

throughout the supply chain is difficult,

raising uncertainty among consumers.

Australian opal defies these conditions.

Opal mining in Australia is regulated under strict

work, health, and safety laws.

There is separate legislation in Queensland, New

South Wales, and South Australia. Safety training is

mandatory, contributing to a strong record, with few

fatalities reported in the trade’s 140-year history.

Federal and state acts govern environmental

protection, and miners must rehabilitate sites and

follow strict operational standards. Native Title

and Indigenous Land Use Agreements ensure

traditional owner involvement and the protection

of Aboriginal cultural heritage.

Indeed, the Aboriginal peoples of Australia

maintain the oldest continuous living cultures in

the world. Opal features in some belief systems

and dreamtime stories that involve the Rainbow

Serpent, the creator of Aboriginal mythology.

As mentioned, miners must comply with workplace

laws and most operations are undertaken by the

owners. Historical mining areas are also preserved

as cultural heritage sites, celebrating the resilience

of early pioneers.

Environmental and community initiatives highlight

the social responsibility displayed by miners. The

opal industry plays a vital role in sustaining remote

communities, many of which owe their existence to

mining.

Australia’s ethical, legal, and governance

frameworks support transparent and fair trade.

Treatments are minimal, with strict disclosure

requirements ensuring consumer protection.

These facts have not changed. The opal industry

upholds high safety, sustainability, heritage

preservation, and ethical conduct standards.

“The Australian opal mining industry has strong

credentials as a responsible and sustainable gem

mining industry. Consumers buying Australian

opal can do so with the assurance that the

gemstone they are buying is an ethical gemstone,”

the article concluded.

“This reputation provides a strategic advantage

in a global marketplace where ethical sourcing

and transparency are no longer optional —

they are expected.”

Strategic Imperatives & The Future

The Australian opal industry has a compelling

product, deep cultural roots, and a powerful

global reputation; however, it requires strategic

support.

To thrive into the next generation, the following

key priorities must be addressed:

» Regulatory reform: Streamline and clarify

lease approvals, environmental compliance,

and Native Title procedures.

» Financial support: Provide training

programmes and financial incentives for new

miners and relief for operational cost burdens.

» Land access policy: Ensure opal-bearing

lands are not arbitrarily restricted for other

uses without thorough consultation with all

stakeholders and impact assessment.

» Trade policy: Pursue favourable trade

arrangements, particularly with emerging

Asian markets.

» Marketing investment: Support coordinated

international campaigns that promote opal’s

ethical sourcing, natural rarity, and design

versatility.

Australian opal remains one of the world’s most

vibrant and aesthetically beautiful gemstones. It is

a product of the country’s landscape, natural riches

and pioneering spirit — and it is a product worthy of

preserving and promoting.

If state and federal governments act in partnership

with industry stakeholders, Australia can ensure

that this iconic gemstone continues to glitter on the

world stage, both as a commercial success and as a

model for responsible, small-scale mining.

The industry’s challenges are significant, but so

too is its potential. With the proper policy

framework, opal can continue to illuminate not only

jewellery showcases, but also regional economies

and Australia’s identity as a trusted global

gemstone supplier.

Damien Cody

CODY OPAL

36 | July 2025


GET EDUCATED – NEW COURSE:

GAA launches ground-breaking

new opal education course

Experience a blend of Swiss precision and Australian

contemporary design in every Classique watch.

As Australia’s longest established watch brand,

Classique is proud to showcase our single-slice

Australian opal dials, a true reflection of

uniqueness and luxury.

The Gemmological Association of Australia (GAA) has announced

the launch of its Certificate in Opal Studies, described as the

world’s first comprehensive, expert-led online course.

Responding to the increasing demand for opal education, the GAA

has spent three years developing this course. It is designed to

educate a broad range of people, including gemstone professionals,

jewellers, valuers, traders, researchers and enthusiasts.

The course, which has 11 interactive modules, includes information

about opal origins, historical significance, identification, and

classification, among many other areas.

Terry Coldham, federal patron of the GAA, said this type of formal

education was invaluable.

“This program bridges gaps in understanding and allows anyone,

anywhere in the world, to obtain accurate, detailed and practical

knowledge about this remarkable gemstone,” he explained.

The program is self-paced, and participants have up to six months

to complete it. It is completed online with interactive modules and

assessments, and a globally recognised GAA Certificate is provided

upon completion.

Enrollment for the program is open year-round. Comprehensive

program details and enrolment information are available at www.

gem.org.au/opal-studies or by contacting learn@gem.org.au.

GET READY – OPAL EVENT

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July 2025 | 37


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38 | July 2025

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WHITE METAL JEWELLERY

Silver, Steel & Style

T

he sheer versatility of precious

white metals is remarkable. In a

jewellery market where consumers

appear to be increasingly polarised

between luxury attainment and price

sensitivity, white metals collectively

bridge the gap with precision.

A brilliant, luminous finish accompanied by

diamonds and colour gemstones can evoke

timeless elegance and sophistication. It’s hardly

a surprise that platinum, palladium, and white

gold are popular choices among jewellery

designers aiming to express prestige.

At the same time, the generous price points

and accessibility of other white metals enable

retailers to cater to customers seeking

opulence without overspending.

Whether it’s a family heirloom, an engagement

ring, or an affordable everyday adornment, the

adaptability and allure of white metals ensures

the challenge can be met in all circumstances.

Of course, each type of white metal has its

distinct strengths, weaknesses, and nuances.

Platinum, palladium, and white gold rest at the

luxury end of the spectrum and remain prized

for their enduring beauty.

At the same time, budget-friendly options such

as stainless steel, silver, and titanium can

offer surprising depth and durability, proving

that elegance doesn’t have to come with an

intimidating price tag.

Platinum is a true treasure of the Earth. One of

the rarest elements found in the planet’s crust,

only a few hundred tonnes are mined each year,

mainly in South Africa.

Without a doubt, this scarcity elevates the allure

of platinum; however, the appeal goes beyond

rarity. As one of the least reactive metals,

it exhibits remarkable resistance to tarnish.

It also handles heat,

and wear and tear. It’s

often described as the

‘noble’ metal, largely

because it stands the

test of time.

For retailers, this means that

platinum jewellery offers unrivalled

durability and evokes feelings of timeless elegance

– a compelling choice for consumers seeking

jewellery that is designed to last a lifetime.

Meanwhile, white gold is a sophisticated fusion

of tradition and innovation – an alloy of gold blended

with other metals such as nickel, silver, and

palladium. The exact properties depend

on the combination of metals, allowing for

customisation in strength, hue, and durability.

What makes white gold special is its luminous

sheen, which beautifully enhances the brilliance

of diamonds or the enchanting character of

coloured gemstones.

Beloved by high-end jewellery and popular

with discerning consumers, white gold remains

popular for engagement jewellery and statement

pieces alike. Many retailers report that consumers

are specifically drawn to the radiant finish and

refined aesthetic.

Affordable Luxury

Selling jewellery doesn’t need to be complicated.

Broadly speaking, retail can always be reduced to

three basic principles: Giving people what they want,

when they want it, and how they want it.

So, what does the consumer of today want?

In recent years, the answer to this all-important

question has had a theme – Affordable Luxury.

Affordable luxury, in the context of jewellery, refers

to products that boast a high level of craftsmanship,

quality materials, and aneye-catching design at a

lower price point, making these pieces accessible to

a broader audience.

This can be a challenging benchmark to reach;

however, materials such as stainless steel,

silver, and titanium can pass the test.

These products must strike a perfect balance

that allows customers to indulge in the pleasures

of luxury without straining their hip pocket.

For example, silver jewellery has been popular

for thousands of years because it represents

timeless beauty, while remaining malleable

enough for intricate designs. A bright and

lustrous finish ensures a complementary piece

that suits various styles.

Earlier this year, Vogue Business conducted a

quantitative survey of more than 900 readers,

asking questions about the state of the modern

luxury industry.

The findings of this research were fascinating.

More than three-quarters of readers

(77 per cent) agreed that the cost of luxury

products has noticeably increased over the past

12 months and confirmed that this has impacted

their purchasing patterns.

More than one-third of respondents

(37 per cent) reported shopping for luxury

products less frequently than they did

12 months ago, and two-thirds (66 per cent)

stated that they are now more likely to

wait for discounts and sales events to

make a purchase.

The research found that the most influential

factors for purchasing luxury products are

quality (80 per cent) and design (74 per cent).

These two factors were consistent among all age

groups, despite younger consumers reporting a

stronger appetite for luxury products than their

older counterparts.

Affordable luxury can still feature diamonds

and colour gemstones, usually presented in

unique design elements that don’t carry the

same price tag as top-tier products.

Stainless steel has proven popular because

of its durability, affordability, and resistance

to tarnish and corrosion. It’s a low-maintenance

and sleek method for showcasing a sleek

and modern look.

Similar arguments can be mounted in favour of

titanium. The exceptional strength, lightweight

feel, and hypoallergenic properties are all

winning factors in the search for a

contemporary everyday piece.

These products work because they satisfy the desire

for fine jewellery while remaining

within the financial reach of those who desire

something beyond cheaper mass-market products.

Said another way, affordable luxury in jewellery

offers an experience that blends quality, design,

and craftsmanship without an extreme price tag.

It’s about allowing consumers to experience

prestige and exclusivity without making a large

budgetary sacrifice.

Said another way, you shouldn’t be forced to eat twominute

noodles for three months to own a beautiful

necklace or ring!

SEE NEXT PAGE

July 2025 FOR | BUYING GUIDE 39


ADVERTISING FEATURE

White Metals Buying Guide

4G COIN &

DAGGER CHARMS

GUESS JEWELLERY – DESIGNA

designaaccessories.com.au/guess

An everyday piece with power, purpose,

and undeniable presence. Crafted in

sleek silver-tone metal, this men’s

necklace features our iconic quattro G

logo motif and a dagger pendant for a

sharp, modern edge.

ANGEL PENDANT

ATHAN

athan.com.au

This 18ct angel medal offers a

refined take on traditional religious

jewellery. Its polished, timeless

design makes it a meaningful

addition to any customer’s collection.

Wear with your choice of our Italianmade

chains for an elegant, personal

piece your customers will cherish.

COEUR DE LION

COEUR DE LION – TIMESUPPLY

coeurdelionjewellery.com.au

The iconic Bauhaus inspired

GeoCubes from Coeur de Lion – an

award-winning, highly recognisable

style that has become a fashion icon.

Designs offering natural stones,

Swarovski Crystals, and pearls, set in

hard-wearing stainless steel for ease

of wearing and longevity.

BUYERS CATALOGUE

White

METALS

White metal jewellery shines bright at every

opportunity. Jeweller presents a buying

featuring the latest releases from suppliers.

EMERALD & WHITE

GOLD SET

GERRIM INTERNATIONAL

gerrim.com

From Gerrim, a stunning 9-carat

white gold pendant and ring featuring

a vibrant emerald-cut green emerald

as the centrepiece. The central stone

is surrounded by a halo of brilliant

white diamonds, which enhance the

depth and brilliance of the emerald.

FURLA MIASFERA

CHARMS NECKLACE

FURLA – DESIGNA

designaaccessories.com.au/furla

A delicate fine chain with a striking

pendant. The Furla Miasfera Charms

necklace features a silver-tone finish

on stainless steel 316L, combined

with a crystal pavé semisphere and

encircling ring, making this piece an

instant classic.

HALF ROUND RING

BECKS

becksgroup.au

Legato by BECKS range is a premium

enhancement of the traditional Classics

wedding rings, where craftsmanship meets

modern elegance. Each ring features a

contrasting offset or centred metal inlay,

tied together with the main band and a

personalised engraved message of love.

The Legato range, available in various widths

and three distinct profiles, is designed to

commemorate life’s milestones.

40 | July 2025


JULES EARRINGS

SAPPHIRE DREAMS – SAMS GROUP

sapphiredreams.com.au

The Jules hoop earrings feature a

stunning channel-set row of princesscut,

green Australian sapphires, neatly

set in white gold. These earrings add

a chic pop of colour to your daily style,

and can be effortlessly paired with other

earrings for a modern look.

LADIES’ DIAMOND WEDDER

BECKS

becksgroup.au

BECKS’ timeless collection of ladies’

diamond rings celebrates the journey of love.

From elegant diamond wedding bands to

fitted and eternity styles, each piece is crafted

to mark life’s meaningful milestones. Made

in white gold and available in yellow and pink

gold with natural or lab-created diamonds.

LONDON BLUE &

SWISS BLUE TOPAZ RING

GERRIM INTERNATIONAL

gerrim.com

This 9-carat white gold ring from

Gerrim has a vibrant setting of London

Blue and Swiss Blue Topaz.

MULTI PEARLS & 4G

BRACELET

GUESS JEWELLERY – DESIGNA

designaaccessories.com.au/guess

Elegant and feminine, this silver-tone

bracelet features luminous pearlinspired

accents and the iconic quattro

G logo motif at its centre, perfect for

wearing solo or stacked with your

favourite GUESS watch and bracelets.

July 2025 | 41


WHITE METALS | BUYING GUIDE

NUMILLA NECKLACE

SAPPHIRE DREAMS – SAMS GROUP

sapphiredreams.com.au

Unique and beautiful, the Numilla

necklace showcases an arrangement of

marquise-cut Australian sapphires and

a single sparkling white diamond. This is

the perfect pendant to elevate any look.

NOMINATION ITALY BANGLES

NOMINATION ITALY – TIMESUPPLY

nomination.au

Beautiful Italian-designed, ready-to-wear

collections such as the sterling silver, cubic

zirconia-set Shine on Me range, featuring

much-loved icons such as sparkling hearts,

butterflies, dragonflies, or the ever-popular

Pretty Bangles range with durable and

attractive stainless steel designs set with

sparkling cubic zirconia in a range of styles.

PAVÉ HALF MOON HOOPS

ROSEFIELD JEWELLERY – DESIGNA

designaaccessories.com.au/rosefield

These rhodium-plated stainless steel

316L hoop earrings are embellished

with Swarovski Crystal pavé details that

curve into a flattering half-moon shape. A

radiant combination to complement your

look for a night out.

PLAYFUL DIAMONDS

CRYSTALS BRACELET

ROSEFIELD JEWELLERY – DESIGNA

designaaccessories.com.au/rosefield

The rhodium-plated stainless steel 316L

chain bracelet features a collection of

Swarovski Crystals for subtle elegance

and shine. Stacking effortlessly for

everyday wear with your other bracelets,

it’s also the perfect accessory to

complement your timepiece of choice.

SPIRIT RINGS

BECKS

becksgroup.au

BECKS Inner Spirit collection embodies

the profound connection between heritage

and personal identity. A tribute to strength,

wisdom, and cultural roots, this collection

celebrates the essence of who we are. Inner

Spirit rings are available in a range of widths

in white, yellow, and pink gold, as well as

modern metals like Zirconium and Tantalum.

UNODE50

UNODE50 – TIMESUPPLY

unode50.com.au

Natural organic styling features in the

beautiful UNOde50 unisex designs. These

unique creations, handmade in Spain,

make a distinctive and bold statement.

42 | July 2025


Helping Jewellery Businesses Thrive

Jewellery is just the start.

Your business runs on tech, too!

Visit us at Stand 44, Retail Edge Village for all your printing, scanning, and

ticketing needs – and save 10%* when you order and pay at IJF! (credit card only).

*GST excluded.

Come & See What’s New

Kim Ridley | 0499 775 708

sales@retailedgeconsultants.com.au

www.retailedgeconsultants.com.au

4/60 Nerang St, Nerang QLD 4211

July 2025 | 43


BUSINESS

Selling

Conducting little sales experiments

How do you break free of stagnation? RYAN ESTIS encourages you

to shake things up in small yet significant ways.

Sustainable development in business

doesn’t happen in a single leap.

It’s built in motion, through small,

purposeful tests that push us beyond

what’s comfortable.

That’s what little experiments are for.

They’ve become a core part of navigating

change, challenging my assumptions,

and learning, especially when the path

ahead isn’t clear.

This isn’t about high-stakes bets or

sweeping strategy shifts. It’s about

something far more sustainable:

making iteration a daily habit.

Small experiments help us stretch

without snapping. They create

momentum, surface fresh insight,

and drive the adaptability that

today’s environment demands.

Why do small experiments work?

If the last few years have taught us

anything, it’s this: waiting for the

perfect moment is a losing strategy.

The pace of change is relentless,

and uncertainty is constant.

The most successful leaders aren’t the

ones with perfect plans. They’re the ones

who stay in motion. Little experiments

offer a way forward. They help you:

• Make decisions faster with feedback

• Test ideas safely and adjust quickly

• Build confidence and resilience

• Stay sharp, curious, and ready

And perhaps most importantly: they keep

you learning. In a world where success

is increasingly iterative, experimentation

becomes an operating system for

innovation.

So, how do you do it? How do you make

experimentation part of your everyday

rhythm instead of something you only talk

about during strategic planning retreats?

You start small, stay curious, and treat

motion as the goal.

These five practices are simple by design;

however, they are powerful in application.

They’ll help you stay flexible, responsive,

and forward-moving even when the

future feels fuzzy.

Tweak a routine: We are creatures of

habit. That’s good for efficiency; however,

it’s not always ideal for growth.

Changing even one small thing about how

you operate can rewire how you think and

what you notice. Maybe it’s moving your

creative work to the morning instead of

cramming it between meetings.

Perhaps it’s flipping the order of your

staff agenda or running a customer

check-in as a walk-and-talk.

Small disruptions spark fresh thinking,

which can lead to real breakthroughs.

Test an idea before it’s ready: You don’t

need a polished pitch to start sharing.

And you don’t need to be 100 per cent

confident to act.

Run the experiment anyway. Float the

concept. Ask the question. Bring the

slide that’s only halfway built. Trying

before you’re ready shortens the learning

loop and teaches you what works in the

real world, not just in your head. Permit

yourself to make mistakes.

Progress beats perfection — every time.

Schedule one hour of learning: If it’s not

on your calendar, it’s not real. One hour a

week - that’s it - make it count.

Use it to explore something unfamiliar:

a podcast on customer psychology,

a new sales enablement tool, a webinar

you’d usually skip. Or use it to reflect

and recalibrate.

Development and improvement aren’t

an event. It’s a rhythm.

Track what you’re learning: A key part

of any experiment is reflection. What

happened? What surprised you?

What did you learn? What would you

change next time?

The most

successful

leaders aren’t

the ones with

perfect plans.

They’re the

ones who stay

in motion.

Writing it down turns motion into insight. It

also improves one's ability to connect dots,

iterate faster, and communicate what one

is learning to others.

Feedback is fuel. Don’t skip this part.

Celebrate the stretch: Not everything

needs to be a win to be worth doing. In

fact, one of the best things you can do for

yourself and your staff is to reward the

effort, the courage, the creative risk.

Talk about what didn’t work. Share what

you learned. Shine a light on the experiment

that didn’t hit the mark but got everyone

thinking differently.

When you reinforce the stretch, you

reinforce the behaviour. That’s how

habits — and growth — stick.

Need inspiration?

Sometimes, the most challenging part is

knowing where to begin. If you’re looking

for small, low-risk ways to test something

new, try one of these.

• Replace your afternoon scroll with

a 15-minute industry podcast.

• Ask one customer a question you’ve

never asked before.

• Block an hour for deep work before

checking your emails.

• Rotate meeting responsibilities

among staff members for one month.

These aren’t revolutionary moves; however,

they shift how we think, connect, and grow.

That’s what makes them powerful.

Little experiments are how we condition

our ‘change readiness’ muscle so that

when disruption shows up - and it always

does - we’re already in motion.

Here’s your challenge for the week:

What three little experiments will you

run right now? Write them down. Share

them with your staff and take action on

one of them today.

RYAN ESTIS is keynote speaker and

management consultant with more

than 20 years’ experience as a sales

professional and leader.

Visit: ryanestis.com

44 | July 2025


BUSINESS

Management

What does coaching mean in your business?

When was the last time you stopped to teach someone in your business something new?

DAVID BROCK highlights the importance of focused coaching.

I’m sure we can all agree that coaching

is important; sadly, we invest too little

time in high-impact coaching.

Spending an hour each week per person

is hardly adequate; however, this article

is not about the time we spend, it’s about

how we spend it.

I find people confused about coaching.

The examples we see of coaching and

the tools people leverage in their

coaching don’t seem to capture its heart.

Is coaching ‘call intelligence’ and

helping someone understand and

analyse their calls, or whispering

into their ears during a call?

We see how people have behaved in

the past, how they have responded, the

consistent challenges they face, where

we may have made mistakes, and how

we continue to improve our coaching.

Coaching is as much for the coach as

it is for the person being coached. We

constantly learn and improve in the

process.

We get deeper insights about the people

we are coaching. We learn about ourselves

through the eyes of the people we coach,

and from that, we improve.

Coaching is as much about receiving

feedback as it is giving it.

Is the coaching role play assisting

people in practising and executing

better? Is coaching reviewing a

performance dashboard?

Each of these activities represents how

we can apply our coaching skills, and

our people can use coaching. However,

contrary to what people might want you

to believe, these represent the smallest

coaching moments.

So, let’s start with fundamentals.

What is coaching? At its core, coaching

is the act of helping someone become

more capable of thinking, deciding,

and acting effectively.

It applies to everything they do. How do

they spend their time? How do they do

their jobs? How do they work with their

peers, partners, and customers?

How do they use resources, methods,

systems, processes, and tools effectively?

How do they grow and develop?

How can they better align with the

organisation's values, culture, and beliefs?

How can they better align and more deeply

understand their customers? How do

they deal with challenges, struggles,

and not achieving their goals?

For coaching to have a massive impact,

there must be through lines across all

these elements.

We can’t coach individuals in one area and

then coach them in the opposite way for

something else. That’s not coaching; that

isn’t very clear. Consistency in what we

coach across all areas of our coaching is

critical to achieving the goals we share.

Our coaching can sometimes be

overwhelming. We must focus on the

top two or three areas we and the

individual seek to change and improve.

Then, we must apply those in each area

we coach. As the student begins to

master these areas, we move on.

Coaching is not telling the person what

to do. It’s guiding them to figure out how

to do things right, improve, change,

learn and grow.

Again, it’s improving their capability to

think, decide, and act effectively. The best

analogy is “Give a person a fish, they eat

for a day, teach a person to fish, they eat

for the rest of their lives.”

Guiding them to figure things out

themselves enables them to grow

and develop constantly.

Coaching is not limited to our “coaching

sessions.” When you look at the data

under time pressure and constraints,

unfortunately, the first thing managers

eliminate is coaching.

This is probably bad judgment; however,

that is the reality. In high-impact coaching,

we integrate coaching into every encounter

with our people.

Coaching is always based on a context.

While we have the through-lines of our

two or three key improvement areas,

we adjust that coaching to the specific

context or situation we are discussing.

Coaching is built on memory or history.

Consistency in

what we coach

across all areas

of our coaching

is critical to

achieving the

goals we share

with those we

coach.

Coaching is not about finding things

right or finding wrong things.

It’s about continually developing the

capabilities of the people we coach,

helping them do more of the right things,

the right way, at the right time with the

right people. It’s about learning from our

failures and figuring out how to improve.

Share your wisdom

Coaching is not training; however, it

supports and reinforces training and

may adapt it to the individual.

Where training focuses on what we need

to do, coaching explains why it is essential

and how we might improve our actions.

We must be coachable people –open to

learning, growth and change to coach

effectively.

I think it’s important to understand what

coaching is. It’s not just one thing. It

doesn’t focus on just a specific aspect of a

job, like reading performance dashboards.

While those incorporate coaching for that,

they are insufficient by themselves.

Without being interconnected with the

other elements of high-impact coaching,

they do not allow us to help our people

achieve their full potential.

DAVID BROCK is CEO of Partners

In Excellence, a global consultancy

focused on helping organisations

engage customers more effectively. He

writes at partnersinexcellenceblog.com

July 2025 | 45


BUSINESS

Marketing & PR

Creating a 'Remember When' experience

for your customers

How do you ensure that your customers will return? SHEP HYKEN reveals

the secret to creating a memorable interaction.

Why do customers return to

the companies they love doing

business with?

That’s what we asked more than

1,000 customers in our annual

consumer experience research,

and here are some of the top reasons.

• Employees who are helpful

• A friendly experience

• A convenient and easy experience

• A personalised experience

• Employees who show empathy

Customers can decide to return based

on any one or a combination of these

experiences, or anything else they deem

to be positive. And as good as these

experiences are, are they good enough

to get customers to return?

Recently, I read an article about creating

emotional connections through customer

experience (CX) memories and how

business-to-business and business-toconsumer

companies are winning over

customers with 'memory-driven CX.'

The article's point was that, more than

just creating a good experience, it is the

memory of the experience that drives

repeat business and potential loyalty.

Some companies understand this better

than others. Consider Netflix, which once

a year sends its subscribers a ‘What We

Watched’ summary of the shows and

movies they watched.

Or Starbucks, which sends its ‘members’

a free drink or food item for their birthday.

These companies, and many others,

have engineered a follow-up experience

that recalls the experience, creating a

'Remember When' moment.

This moment triggers a memory and

creates an emotional reaction that

makes the customer want to repeat

the experience.

Identify key touch points: Your journey

map will help you identify your main

interactions with your customers.

If you haven’t created your customer

journey maps, stop here and do so!

What should the customer remember?

Not all touch points need to be

memorable. Sometimes it’s just a few

– maybe even just one.

Identify these key interactions and

engineer them to be memorable. For

example, a restaurant might bring a small

plate of chocolate with the bill, capping

off a wonderful dining experience. Last

impressions leave lasting impressions.

Design a follow-up campaign: Similar to

Netflix, remind customers why they love

doing business with you. Don’t combine

this with a sales pitch; this is meant to

create the Remember When experience.

Measure the impact: Be sure to find

out if the customer agrees with your

memorable moments.

Furthermore, determine if the

follow-up campaign is working.

I’ve written about the 'I’ll Be Back'

experience. If you want your customers

to return, create the experience that

gets them to do so. Then remind them

about the experience. That will help

bring customers who say, “I’ll be back,”

to return.

This moment

triggers a

memory and

creates an

emotional

reaction that

makes the

customer want

to repeat the

experience.

Some customers might still be angry that

you do not have what they want. And even if

they aren’t, whether the item is out of stock

or you don’t carry it, that doesn’t mean you

can’t make the customer happy.

Before we go further, let me quickly recap

how to deal with any upset or complaining

customer. This is my five-step process for

handling complaints:

• Apologise for the problem

• Acknowledge what the problem is

• Discuss the resolution

• Accept ownership

• Act with urgency

Is the item the customer wants temporarily

out of stock? If so, when will it be in, and

when can the customer expect to receive

it? Giving customers information gives

them a sense of control.

What if you’re out of the item and won’t

be able to get any more in inventory? This

is an opportunity to shine. If you can’t

suggest a reasonable alternative, does a

competitor have what the customer wants?

Yes, I’m suggesting sending the customer

to a competitor. Even if the sale goes to

a competitor, the customer will realise

you’re more interested in getting them

what they want and need rather than

making a sale, which can go a long way

in building trust that takes the relationship

to a higher level.

Whenever a customer is unhappy or has

a complaint, it’s an opportunity to resolve

the problem and turn a 'Moment of Misery'

into a 'Moment of Magic'. For inventory

issues, it’s an easy fix.

Always think to yourself, even if you

must give up the sale to a competitor, “Is

what I’m doing right now going to get the

customer to come back?”

When you have the customer’s best

interest in mind, they will!

To do this, you don’t need to be a big

business like Netflix or Starbucks.

Here’s a simple five-step process to get

you thinking about how to create the

Remember When experience:

An experience worth remembering:

If you don’t have that, stop here and

start working on your overall customer

experience.

Frustration into satisfaction

I recently responded to a question on

LinkedIn: A customer is furious about an

out-of-stock item. How do you turn their

frustration into satisfaction?

I added a second part to that question.

What if what the customer wants is

something you’ve never had in stock?

SHEP HYKEN is a speaker and New

York Times and Wall Street Journal

best-selling author who works with

companies to build loyal relationships

with customers and employees.

Visit: hyken.com

46 | July 2025


BUSINESS

Logged On

Customer Relationship Management Software:

It might be your best asset

Are you making the most of the business tools at your disposal?

DAVID BROWN encourages you to maximise the opportunities presented by software.

An effective customer relationship

management (CRM) system can be

transformative for a business if used

effectively.

Unfortunately, many businesses fail to fully

exploit this powerful software despite its

potential to increase sales and manage the

customer experience.

It often finishes as a data collection point

that needs to be revisited during the year.

This article outlines several of the benefits

of CRM and how you can use it entirely in

your business beyond its current scope.

Segment customer data: Not all

customers are the same, so why

treat them that way? Use your CRM to

segment your customer database based

on demographics, purchase history,

preferences, or engagement levels.

insights ensures you stay competitive and

responsive to market changes.

Build brand loyalty: You can integrate your

CRM software with your loyalty program to

centralise customer data.

Food for thought

A CRM is only as good as the people using

it, so ensure you provide comprehensive

training to your team on effectively using

your system.

Cover everything from data entry and

reporting to interpreting analytics and

using the advanced features available.

When your staff is confident and proficient

in using the CRM, they can leverage its

full potential to drive sales and improve

customer relationships.

You need them on board to get the full

benefits the system can provide. It’s also

important to regularly clean up your

database by removing duplicate records,

updating outdated information, and

verifying contact details to get the most

out of it.

Building stronger relationships and

increasing conversion rates is essential.

You can use this data to personalise

marketing plans, offer targeted

promotions, and enhance your customer

retention rate.

There are few limits on how you can

tailor your message to customers,

reflecting their unique individuality, buying

preferences, and behaviours. This allows

you to target email campaigns, SMS alerts,

or other marketing messages accordingly,

driving better conversion rates from your

marketing spend.

Automate repetitive tasks: One of

the most significant advantages of

CRM software is its ability to automate

repetitive tasks.

Take advantage of automation features

to streamline processes such as lead

nurturing, follow-up emails, and customer

support. Automation not only saves

time but also ensures consistency in

communication and enhances efficiency

across your organisation.

Tracking key metrics: Your CRM software

is a goldmine of data—use it wisely.

Track key metrics such as sales

performance, customer acquisition costs,

conversion, and retention rates. Analyse

these metrics to identify trends, spot

opportunities for growth, and make datadriven

decisions.

Regularly reviewing and acting upon these

This integration allows you to seamlessly

track purchase history, reward points, and

customer preferences.

Monitor sales performance: Utilise CRM

analytics to track sales performance

metrics across products, stores, and

sales staff.

Identify top-selling items, assess sales

trends, and measure the effectiveness

of promotional campaigns. Use these

insights to refine your sales strategies,

allocate resources effectively, and

maximise revenue generation in your

retail store.

Customer surveys and feedback: CRM

tools can be a great way to conduct

customer surveys and gather feedback on

shopping experiences.

Analyse survey responses to identify

areas for improvement and address

customer pain points within your business.

Implement changes based on customer

feedback to enhance satisfaction levels

and strengthen brand loyalty. You can’t ask

these questions if you don’t know who your

customers are.

Maximise your marketing returns:

There is an old saying that half of every

marketing dollar spent is wasted—it’s just

hard to know which half.

While not making marketing 100 per cent

effective, a good CRM system will make

the process more measurable.

Regularly

reviewing

and acting

upon these

insights ensures

you stay

competitive

and responsive

to market

changes.

Set up processes to ensure data accuracy

and integrity, such as regular data audits

and validation checks. Clean, accurate data

enables more targeted marketing efforts,

improves sales forecasting accuracy, and

enhances overall CRM effectiveness.

It’s essential to respect customer data

and ensure it complies with data privacy

regulations. Safeguarding customer data

is critical, including obtaining consent

for marketing communications and

providing customers with transparency

regarding data usage through your terms

and conditions.

Adhering to regulatory requirements

builds customer trust and protects your

retail store from legal liabilities.

Your CRM software is more than just a

database—it’s a powerful tool that can

transform how you manage customer

relationships and drive business growth.

By integrating it effectively within your

organisation, you can maximise the value

of your CRM investment.

So, roll up your sleeves, dive into your

CRM, and unleash its full potential to

supercharge your business success!

DAVID BROWN is co-founder

and business mentor with Retail

Edge Consultants. Learn more:

retailedgeconsultants.com

July 2025 | 47


My Bench

Frank Prischl

Elan Jewellers

• AGE: 47 • YEARS IN TRADE 28 • TRAINING: Certificate 3 Jewellery Manufacture and Design • FIRST JOB: Apprentice at PGK Jewellery Productions

TOURMALINE RING

I don’t believe in any specific signature piece; however,

this is one of the many bespoke pieces to come from

our benches to a lucky customer: an 18-carat rose and

white gold bi-colour tourmaline and diamond set ring.

FAVOURITE GEMSTONE: Opal & Fire Opals.

FAVOURITE METAL: 18-carat white gold.

FAVOURITE TOOL: NSK Emax micro motor

and hammer attachment!

BEST NEW TOOL DISCOVERY: Swiss torch –

thank you, Mr Law, at Jewellery Tools and Boxes.

BEST PART OF THE JOB: Turning customer’s old

family treasures into something modern and unique

for them to wear and enjoy.

WORST PART OF THE JOB: Running out of wire

or a certain size stock gauge mid-way through a job,

and having to melt, roll and draw to finish it off.

BEST TIP FROM A JEWELLER: Have a go at new skills.

Challenging yourself is all part of learning, and you

should never stop learning.

BEST TIP TO A JEWELLER: If a job goes pear-shaped

and isn't working out, put it down, move on to something

else, keep thinking of solutions and then come back to it.

BIGGEST HEALTH CONCERN ON THE BENCH: Eyes and

hands – they always need to be in good working order!

LOVE JEWELLERY BECAUSE: It is an incredible

combination of structure and art and you create

something meaningful for someone who will

enjoy it forever.

48 | July 2025


July 2025 | 49


OPINION

Soapbox

Behind the curtain: A journey

into Jaipur’s finest cutting houses

Behind every gemstone is a story desperately waiting to be told.

BRENDAN MCCREESH encourages you to step out of the store and into the world.

Every gemstone has a story —

where it comes from, who shaped it,

and the culture it’s tied to.

These details don’t just add charm,

they add real meaning and value.

As a jeweller, sharing these stories can

create a more memorable experience

for your customers. And so, whenever

possible, it’s important to get out from

behind the desk, counter, or bench

and journey into the real world.

After decades of travelling to Jaipur

in India to source gemstones, forging

countless friendships and professional

ties, I have earned an informal yet

invaluable access.

This ‘clearance’, if you will, has opened

doors to truly remarkable experiences

in recent years.

For the past three years, I have been

immersed in an ongoing photography

project, seeking permission to enter the

inner sanctums where the world’s finest

gemstones are meticulously shaped.

These efforts have led me into intimate,

hidden spaces where cutting, drilling,

stringing, slicing—and the artisans

behind them — come together in a

quiet symphony of skill.

In my earliest visits to Jaipur, I often

suspected that the demonstrations

offered to visitors were choreographed

displays — performances designed for

tourists, much like the puppet shows

at the historic havelis now converted

into boutique hotels. And indeed,

I’ve since learned this is partially true.

You're often shown what they think

you want to see. There is relatively

open access to those working with

quartz, ornamental stones, and

glass-filled rubies.

These encounters are no less fascinating

to me; however, it is not just the

gemstones, but also the people and

their stories that interest me.

One such moment occurred enroute to

a high-end tanzanite cutting house,

when I stumbled upon a room where

three artisans were crafting large

imitation emerald and sapphire doublets.

I seized the opportunity to photograph

and film as much as possible — footage

that will undoubtedly be of great value

to my staff and gemmology students.

That same day, my hosts and I ventured

beyond the ancient walls of the Pink City,

driving eastward through a labyrinth

of narrow, bustling streets.

As we entered a predominantly Muslim

quarter, the attire of those we passed

shifted markedly, reflecting the vibrant

diversity of Jaipur’s communities.

We arrived mid-morning, strategically

avoiding the chaos of rush hour and

the disruption of prayer times to

ensure a respectful visit.

Our destination was a modest yet robust

building on a lively side street. There,

we were met by brothers Basheer and

Zaheer, central figures in the operation.

The thick stone building opened into a

large, tiled room that offered immediate

relief from the heat outside. Rows of

neatly arranged shoes lined the wall —

a subtle sign of the common harmony

between home and workplace in Jaipur.

Beyond a heavy iron-gated doorway lay

a central open courtyard, flanked by

various rooms and corridors, with

three additional stories rising above.

This compound serves both as a

workplace and a multi-generational home

— an arrangement not uncommon in the

city, where space is often multifunctional.

I could hear the familiar whir of cutting

machinery echoing from distant rooms;

however, on this visit, I was to see just

one: the primary cutting room where

the most skilled artisans worked.

Inside, an extended, low workbench —

painted a striking orange — held three

faceting laps. The vivid green of the

polishing compound offered a visually

striking contrast. Each lap could be

accessed from both sides, allowing for six

cutters in total. On this day, four were at

work, seated cross-legged on cushions.

Basheer and Zaheer sat opposite each

other, while two more cutters shared the

third lap. The quiet rhythm of faceting,

inspecting, and measuring was hypnotic.

These

encounters

are no less

fascinating to

me; however, it

is not just the

gemstones, but

also the people

and their stories

that interest me.

Small batches of tanzanite, their hues

ranging from exquisite violet-blue to deep,

regal purple, waited in line, dopped and

ready for the next stage.

Zaheer alternated between two delicate

tasks. First, he expertly affixed tanzanites,

ranging from 5 to 18 carats, to green,

cigar-like dops using dopping wax

melted over a candle. With precise,

near-microscopic adjustments, he

aligned each stone by eye. Then, once

faceted, he gently submerged the stones

in iced water before deftly detaching

them with a flick of his thumbnail.

This seemingly casual motion belied the

precision and timing required — too long

in the cold, and thermal shock could ruin

a gemstone of considerable value.

This cutting house enjoys a stellar

reputation, supplying gemstones to some

of the world’s most prestigious jewellers.

The three hours I spent photographing

the artisans were a rare privilege — one

I hope to repeat. With greater familiarity,

I plan to return to capture formal portraits

of each cutter, images worthy of their

talent and dedication.

The following day, I returned for a different

purpose: to select calibrated and single

gemstones for our upcoming tanzanite

collection. The quality across all parcels

of calibrated sizes was exceptional.

Unlike the shallow cuts preferred by

mass-market manufacturers, who

prioritise weight over craftsmanship,

these stones displayed a superior

balance of depth, colour, and artistry.

It must be said that knowing the

craftsmen and artisans who shaped

them only deepens my appreciation.

Their skill, dedication, and quiet mastery

breathe life into each gemstone —

and that, above all, is what makes

them truly special.

Name: Brendan McCreesh

Business: O’Neil’s Affiliated

Position: Owner

Location: Australia

Years in the industry: 30+

50 | July 2025


July 2025 | 51


Sapphire Dreams Australia was founded from a deep respect for the natural brilliance of Australian sapphires, stones

born of ancient landscapes and alive with unique colour - from deep ocean blues and unique teals to enchanting

greens, golden yellows, and fiery oranges. As a tribute to exceptional Australian craftsmanship, every creation is

thoughtfully designed and meticulously crafted, transforming each sapphire into a timeless work of art.

Proudly designed in Australia and set with ethically sourced, origin-certified Australian sapphires in premium 9ct or

18ct, a commitment to both beauty and integrity. With every creation, we celebrate the richness of our

country’s resources and the craftsmanship that brings them to life.

02 9290 2199

pink@samsgroup.com.au

52 | July 2025

SapphireDreams.com.au

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