News

Consumer sales monitoring firm comScore, Inc. reported that U.S. retail e-commerce sales jumped 15 percent on 2011 to $186.2 billion in 2012 – the strongest annual growth rate since before the 2008-09 recession.

Stellar Diamonds plc said it raised around $1.7 million, before expenses, via a placing and subscription of close to 42 million new Ordinary Shares with directors, institutional and other investors.

Organizers of Israel’s international jewelry and diamond exhibition, Jovella, say this year's show is to be held on July 2-3 in Tel Aviv.

Israel Diamond Exchange (IDE) President Yair Sahar and Diamond Dealers Club of New York (DDC NY) President Reuven Kaufman have agreed that DDC members will be the main participants in the US Diamond Week in Israel in March.

The luxury market in India is seen growing 25 percent annually in 2013-2015 and may soar to $14.7 billion from the current level of $8 billion despite the global economic slowdown, says Indian trade group ASSOCHAM.

Ramat Gan, Israel - February 6, 2013: Israel Diamond Exchange (IDE) President Yair Sahar and Diamond Dealers Club of New York (DDC NY) President Reuven Kaufman have agreed that although DDC members will be the main participants in the 'US Diamond Week in Israel', members of diamond bourses elsewhere in the world will also be invited to take part. The US Diamond Week in Israel, a customized rough and polished diamond sales event for accredited diamond dealers, will be held March 17-20 at the Israel Diamond Exchange in Ramat Gan.

Israel Diamond Exchange President, Yair Sahar hosted U.S. Ambassador to Israel, Dan Shapiro, who remarked that as ambassador for President Obama and Secretary of State Hillary Clinton he saw great importance in the prosperity and economic success of Israel and as a result also the prosperity of the Israel Diamond Industry.

The activities of the Diamond Exchange and the contribution of the Diamond Industry to the Israeli economy were presented to the ambassador. He also toured the trading floor.

In the course of his visit, Prof. Fischer gave a presentation on the Israeli economy and the economy of the world's markets before hundreds of Israel Diamond Exchange members at the Economic-Social Club of the Exchange.

The President of the State of Israel, Mr. Shimon Peres yesterday (13/01/13) opened his official residence to mark the start of the new work year for ILAN. Forty representatives of the Diamond Exchange attended the ceremony headed by President of the Diamond Exchange, Mr. Yair Sahar, who this year heads the Israeli version of the "March of Dimes”, otherwise known as "Mitsad HaPrutot" (March of Pennies).

Weekly chain-store sales in the United States climbed 2.6 percent on the year last week (for the week ending February 2), the International Council of Shopping Centers (ICSC) and Goldman Sachs reported.

Members of the Israel Diamond exchange received a comprehensive update on the topic of marketing and advertising via smartphones at a seminar organized by the Israel Diamond Institute (IDI).