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c l u s ive
Ex w
Sho
2009 es
Guid o all the Made in Italy
r g uide t Trends from the
Yo u
y i n g shows Vicenza show
fall b u
Silver Lining
Is silver is set to make
Bridal to the bank a fine comeback?
Why bridal stands a chance
A Cut
PUBLICATIONS MAIL 40011270 | 60 BLOOR STREET WEST SUITE 1106, TORONTO ON, M4W 3B8 | $25
Eastern Influence
Above
A look at the Japanese
jewellery market
PLUS:
ALL THE LATEST MARKET NEWS, TRENDS & EVENTS
CJ_AUG09_Siffari_Ad.indd 1
7/16/09 1:38:22 PM
Fluorescence
Measurements
Certificate
RappaporT
Symmetry
Stock #
Clarity
Colour
Weight
Polish
Shape
Depth
Table
Make
696A+3 1.51 RADIANT FIY VVS1 6.24x5.76x4.25 73.8 64.0 G G MED BLUE PLS CALL GIA G
802B+5 1.24 CUSHION FIY VS1 6.98x6.34x3.65 57.6 60.0 VG G NONE PLS CALL GIA VG
802B+4 1.22 CUSHION FIY VS1 6.67x5.63x4.02 71.4 58.0 EX G FAINT PLS CALL GIA VG
802A+1 1.46 RADIANT FLY VS1 6.77x6.42x4.01 62.5 62.0 VG G STRONG BLUE PLS CALL GIA VG
802 1.44 RADIANT FLY VVS1 6.77x6.46x3.99 61.8 63.0 G G NONE PLS CALL GIA G
802A+6 0.88 RADIANT FLY VS2 5.74x5.16x3.31 64.1 78.0 G G MED BLUE PLS CALL GIA G
332+1 1.10 RBC Fancy Brown VS2 6.67x6.69x4.02 60.2 60.0 VG VG STRONG GREEN PLS CALL GIA VG
1014B+3 1.12 OVAL FIY VS1 6.70x5.11x4.01 78.5 54.0 VG G MED BLUE PLS CALL GIA VG
10F+1 3.04 RBC F SI2 9.22x9.27x5.81 62.9 55.8 EX VG NONE -28% HW EX
10FB+1 3.02 RBC F SI2 9.26x9.33x5.74 61.8 54.9 EX G NONE -28% HW VG
37+2 2.00 RBC H VS2 8.11x8.06x4.95 61.3 60.1 VG VG NONE -35% HW G
70+1 1.75 RBC F SI2 7.73x7.78x4.73 61.0 56.2 EX G NONE -30% HW VG
335C+1 0.92 RBC D INF 6.21x6.25x3.9 62.8 55.4 VG VG NONE -35% HW VG
213E+1 1.01 RBC F I1 6.41x6.44x3.99 62.1 56.3 VG G NONE -30% HW EX
920+1 3.43 OVAL D SI2 7.84x12.08x5.32 67.8 58.5 VG VG NONE -40% HW VG
2144+1 1.28 PEAR D VVS1 8.81x6.10x4.0 65.8 54.0 VG VG NONE -25% HW VG
721E+1 1.06 ASSCHER G VS2 5.72x5.71x3.88 67.9 65.3 EX VG NONE -30% HW VG
2118+1 1.46 EMERALD D INF 8.32x5.28x3.69 69.8 68.0 VG VG NONE -20% HW VG
696E+0 1.50 PRINCESS F VVS2 6.17x6.19x4.67 75.6 75.6 VG G NONE -30% HW VG
725A+12 1.07 PRINCESS E VVS2 5.73x5.80x3.91 68.1 75.1 VG G NONE -30% HW G
To add your name to our mailing list please forward your request to sales@sapirdiamonds.com
55 Queen St. E. Suite 501, Toronto, Ontario M5C 1R6
Radiant Stone Phone: 416-863-6036/7 Toll Free: 1-866-387-1759 Fax: 416-863-0671 Round Stone
5.01 ct www.SapirDiamonds.com 5.05 ct
SI1, I, VG marks@sapirdiamonds.com keith@sapirdiamonds.com SI1, D, VG
— Frank Damiani
Damiani Jewellers, Ltd.
Woodbridge, Ontario
R E TA I L E R S
M A N U FA C T U R E R S
WHOLESALERS
C U S TO M D E S I G N E R S
R E PA I R B U S I N E S S E S
EC
W I L L YO U B E I N S U R E D ?
If you chip a customer’s diamond while setting it into a new mounting… will you be insured?
Jewelers Mutual Insurance Company now offers “work or operations” coverage as an addition to their
Jewelers Block policy in Canada, so your customers’ jewellery is protected if damage occurs while you or one
of your employees works on the piece.
Coverage highlights
• Covers damage that occurs while you or your employees are repairing, adjusting, constructing,
manufacturing, processing, servicing, testing, or cleaning your customer’s jewellery at your
JM-insured business in Canada.
• Applies to damage by an independent bench jeweller whom you hire to work at your insured
premises for your retail customers’ property.
This coverage does not protect your store’s merchandise or property that you are working on for others
in the jewellery trade.
For more information or for a free, no-obligation quote, contact Jewelers Mutual.
These descriptions are a brief summary of coverage. This language is not part of the insurance policy and is not a substitute for the actual policy language.
Jewelers Mutual is proud to pay Jewellers Vigilance Canada membership fees for insureds in Canada.
E X C L U S I V E LY E N D O R S E D B Y
www.stuller.com
Canadian contact:
866 – 815 – 5511
Product shown is from the Sea Sprite Collection.
sales
Lucy Holden International Sales Manager/Marketplace
tel. (416)203-7900 ext. 6117
email lucy@rivegauchemedia.com
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Change of Address
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or send your cover label and new address to Canadian Jeweller magazine, 60 Bloor Street West,
Suite 1106, Toronto, ON Canada M4W 3B8
Published by Rive Gauche Media II Inc.
Canada Post Canadian Publications Mail Sales Product Agreement No. 40011270. The publisher does not assume any responsibility for the contents of any advertisement and any
and all representations or warranties made in such advertising are those of the advertiser and not of the publisher. The publisher is not liable to any advertiser for any misprints
in advertising not the fault of the publisher and in such an event the limit of the publisher’s liability shall not exceed the amount of the publisher’s charge for such advertising. No
portion of this publication may be reproduced, in all or part, without the express written permission of the publisher. Canadian Jeweller magazine is pleased to review unsolicited
submissions for editorial consideration under the following conditions: all material submitted for editorial consideration (photographs, illustrations, written text in electronic or
hard copy format) may be used by Canadian Jeweller and their affiliates for editorial purposes in any media (whether printed, electronic, internet, disc, etc.) without the consent
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60 Bloor Street West, Ste. 1106, Toronto, ON Canada M4W 3B8.
8 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
56 Silver Lining
Trends from the Vicenza show.
62 Wrist Worthy
Part 1 of our look at the importance of technology
in the retail environment.
Looking at the latest fall watches consumers will look for.
70 Responsible Retailing
Are rubies the new “it” gem?
46
10 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
16 Product Showcase
22 Who’s News
Saying goodbye to Varuj Arkarakas; Maria Sharapova
teams up with Tiffany.
38 Market Watch
A glance at where bridal is booming.
42 Company Profile
JoMark.
76 Designer Profile
Gil Bishouri from Gee N’Gee.
42
12 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CLASPS
LEVER
BACKS
WIRE
CRIMPS
SPRING RINGS
JUMP RINGS
Clasps with Diamonds...
SPLIT RINGS
CHARMS
BAILS
CJ_AUG09_CGM_Ad.indd
CanadianJeweller.indt 1 1 7/17/09
6/26/09 2:18:54
2:53:50 PM
letterfromguesteditor
Upward and
Onward
I don’t know about the rest of you, but December to April were real
tough months for me in the jewellery business here in Ottawa. We
were down 27% for those 5 months. I always believed Ottawa was
recession-proof, as it has always held true in the past, but this time
was different.
Well, misery likes company, so I got on the phone to see how my
peers were doing. In general, the small towns seemed to be doing
well, but I found solace in the big cities who were suffering just like
me!
And then there was Pat Thompson of Diamond Design in St.
John’s. Pat and I had always kept in touch after a buying trip to Italy.
We liked to share our successful marketing ideas over the years. I
shared my successes with “Girls Night Out” and Pat introduced
me to his successful “Gemstone Round Table Evenings.” Pat wasn’t
having a recession; Pat was upbeat and positive. Things were great in
Newfoundland!
Why was I surprised? Knowing Pat for over ten years, I have
watched him grow his business in the most calm, nurturing and
methodical way, with a little ‘Newfie’ humour thrown in for good
measure. Why should something like a little recession in a province
with the highest rate of unemployment slow him down?
So when I was asked to be the Guest Editor for this issue of
Canadian Jeweller and choose the next cover story, I knew it had to be
Pat Thompson. He’s full of great marketing ideas, has a wonderfully
positive attitude, knows how to romance his clients and is a leader in
our industry. If you don’t already know him, here’s your chance. Pat
Thompson is the quintessential jeweller.
Judy Richards
Judy Richards
Guest Editor
President, Davidson’s Jewellers, Ottawa, Ontario
14 CJ AUGUST 2009 w w w. c a n a d i a n j e w e l l e r. c o m
The men’s
men collection is available in 14K or 19K,
white and yellow gold. Some of these new styles
feature two tone white and 19k rose gold in a
copper finish, creating a very distinct effect.
GEE‘N GEE
FINE DIAMOND JEWELLERY
16 CJ j u n e / j u ly 2 0 0 9 w w w. c a n a d i a n j e w e l l e r. c o m
usa - dallas
5525 N MacArthur Blvd., Suite 695 Irving, Texas 75038 Tel: 972 580 7771 or 1 888 580 7771 Fax: 972 580 7767
canada - toronto
27 Queen Street E., Suite 406 Toronto, Ontario m5c 2m6 Tel: 416 868 6656 or 1 877 868 6656 Fax: 416 868 6558
Individual Expression
For half a century, Atlantic Engraving Ltd. has been an industry
JSN Diamonds Sparkle leader, and as third generation jewellers, has taken the ultimate
JSN is one of Canada’s leading jewellery manufacturers with symbol of commitment beyond the wedding band and classic
an arsenal of five brands that range from entry-level product to a eternity ring. Featuring coloured metals and unique finishes, an
fully-certified premium Canadian diamond line. With offices Atlantic ring is an expression of individuality. Each ring produced
in Canada, the United Kingdom and the United States, along is made of seamless tubing and is cut with diamond tipped tools
with a plant in Bangkok, Thailand, JNS has achieved a high level on the highest state-of-the-art European machinery, and no ring
of recognition on the international stage. For more information, leaves the factory without extensive quality control. For more
write 115 on the Free Info Card on page 113. information, write 116 on the Free Info Card on page 113.
18 CJ j u n e / j u ly 2 0 0 9 w w w. c a n a d i a n j e w e l l e r. c o m
20 CJ j u n e / j u ly 2 0 0 9 w w w. c a n a d i a n j e w e l l e r. c o m
Illustrious Necklace
Firetrace Necklace in white gold set with Murion Quartz, Smoky Quartz,
GS Laboratories introduces Firetrace, which now makes it possible Black Quartz and Diamonds. The Pietra line from Viana was
for clients to accurately measure the light performance of their created based on the concept of shape deconstruction, ending in an
diamonds. This technology analyzes the light-reflecting properties outline of different sizes and positions. Shapes from the beginning
of a diamond and allows you to determine how much life is in your of civilization were used as reference for the development of this
stones — one more way that GS Laboratories can help you ensure concept. The necklace explores the natural beauty of the gemstones,
your diamonds stand out in a crowd. For more information, write used in large dimensions, and balances the modern and rustic. The
126 on the Free Info Card on page 113. sober shades of Murion Quartz and Smoky Quartz, allied with Black
Quartz, create a sophisticated and versatile combination. For more
information, write 125 on the Free Info Card on page 113.
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 21
Obama Jewellery
Obama campaign jewellery, designed by
Heide Schmaltz Lasher, has been selected to
be on display at the Smithsonian Museum
in Washington, D.C and it will also be
available to purchase. The “Obama Hope” pin,
designed by Lasher, consists of a very unique
rhinestone that happened to be introduced
at last summer’s Democratic National
Convention in Denver. The rhinestone pin
was approved for sale by the “Obama for
America” campaign last summer.
Jim Gowans
Maria Sharapova
22 CJ AUGUST 2009 w w w. c a n a d i a n j e w e l l e r. c o m
Varuj Arkarakas
Fairwell to a Friend
Varuj Arkarakas, Executive Vice-President and
General Manager of Master Design, a company he
founded 25 years ago, passed away at the age of 50
on June 29, after a short illness. He is survived by
his wife, Hera, sons Eren and Evan, and daughter-
in-law Araz. His long-time friend Jeff Morrison of
925 Solutions remembers him here.
24 CJ AUGUST 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CJ_AUG09_Vianna_Ad.indd 1
7/16/09 3:04:43 PM
news | trends | events
IsDMA and Diamond Trading Third Annual New York Jewelry jewellery, rare jewels, unique designer pieces
Company Annual Meeting and Watch Show and personal timepieces.
The annual meeting between IsDMA and The The third annual New York Antique Jewelry
Diamond Trading Company discussed the & Watch Show at the Metropolitan Pavilion 2009 Saul Bell Design
current state of the Israeli diamond business in New York City brought over 100 of the Award Winners
and the trends in world diamond markets. Moti finest antique jewellery dealers from around Rio Grande has announced the winners of
Ganz, IsDMA President, said that this strategic the globe, including North America, Europe, the Ninth Annual Saul Bell Design Award
initiative is targeted to providing marketing Asia, and the Americas. The four-day Competition, a competition that specifically
support to Israeli diamond manufacturers and event displayed stunning antique jewellery recognizes artists whose work challenges
exporters, while at the same time providing and timepieces. “We’re excited about the traditional perceptions of jewellery designs,
real-time assistance and services to the Israeli magnificent antique jewellery and watch involving creating original and innovative
Diamond Industry’s international trading pieces being offered at this year’s show,” said pieces. Each designer chose one category out
partners. In the end, both parties agreed that Andrea Canady, Fair Director. “The New of six as the foundation of their piece and
strong working relationships are essential for York show continues to offer an intimate integrated additional stones or materials as
the continued development and growth of environment for collectors to peruse the they wished. Geoffrey Giles of Asheville,
the Israeli diamond industry. Also, Eli Avidar, finest selection of truly spectacular and North Carolina won the grand prize in the
Managing Director of the IDI Group of highly coveted antique jewellery.” Not only Gold/Platinum category, winning a $10,000
Companies, presented the strategic marketing did numerous buyers attend the show, but Rio Grande gift certificate. Meanwhile, two
campaign “Together Works” launched in March many celebrities as well. The attendees were Canadians were also finalists in the Emerging
2009 at this event. able to purchase and browse the antique Artist category; Pamela Lauz from Oakville,
ON and Blake Davey from Surrey, BC. This
category celebrates young designers and their
Pictured are Kevin Kaye creativity in the jewellery industry. Don’t
and Gail Goldberg of JVC. forget about Canadian Jeweller’s Excellence
in Design contest happening this September;
look for details in our next issue.
26 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
Muehle-Glashuette Canada Ltd 50 Sparks Street Ottawa ON K1P 5A8 Tel: 613.288.0650 Fax: 613.235.2472
www.Muehle-Glashuette.ca email: info@muehle-glashuette.ca
28 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
EGL Asia Signs Diamond chain. “I am delighted that Fred Meyer Jewelers
Grading Agreement has officially joined the Responsible Jewellery
EGL Asia, the only EGL diamond laboratory Council. In so doing, they have demonstrated
operating independently in Asia, has signed a to their suppliers and, most importantly, to US
diamond grading agreement with 21Gem.com, consumers that ethical, responsible business
one of China's leading online gem and jewellery practices continue to be integral to their core
sales websites. The agreement positions EGL Asia business,es” said Michael Rae, CEO of RJC.
as the exclusive grader and provider of certificates Peter Engel, president of Fred Meyer Jewelers,
for loose diamonds and set jewellery diamonds added that the Company would work with all
sold on the website. Mark Gao, CEO, said, “We of the suppliers to ensure responsible business
have tested EGL Asia's grading standards time practices remain at the top of their business
and again at the State Center of Supervision priorities as well.
and Inspection on Quality of Gold and Silver
Products (NGGC), and are very happy with the Forevermark Diamond Grading
results. We found their standard of service highly Report
satisfactory for our customers.” Also, Joseph Forevermark, a diamond brand from the De Beers
Kuzi, CEO of EGL Asia said that the agreement Group, has introduced a diamond grading report.
is an important development. “Naturally, we are In order to reveal the unique characteristics of
very happy with this collaborative agreement. a diamond, official Forevermark jewellers are
Of course, we will continue to do our utmost to now able to provide a grading report, outlining
provide our high quality services to the benefit the cut, colour, clarity and caratage qualities of
of the 21Gem.com customers.” 21Gem.com the diamonds the sell. “Expert gemmologists
currently plays a leading role in China's online at the Forevermark Diamond Institute assess
diamond and jewellery retail sector. Meanwhile each diamond according to the most rigorous
EGL Asia is one of the best-known gemological criteria and highest standards of integrity and
laboratories in Hong Kong. accuracy, personally approving each exclusive
passport-sized Forevermark diamond grading
Basketeers’ 10th Anniversary report with meticulous attention to detail,” the
Basketeers, a charity project organized for 16 company said in a statement. The Forevermark
Canadian women’s shelters and one that is diamond grading report also features the unique
supported by the Canadian Jewellers Association, identification number inscribed on the diamond
recently celebrated its tenth anniversary. and a specially designed security hologram,
A volunteer project, Basketeers consists of providing reassurance that the report is valid and
a generous group of approximately 1,500 genuine.
House of Jewellery
volunteers who simply fill up baskets with
various items for women who are starting “a De Beers and Debswana Support
new life.” In the past, various manufacturers Community Projects in Botswana
and importers in the jewellery industry Diamond Trust, a non-profit making entity 55 Queen St. E. Suite#1302
have supported this project, such as Daco founded by Debswana and De Beers, has donated Toronto, Ontario
Tel: 1-800-668-4422 Fax: 416-368-0007
manufacturing, Rousseau, Gilo Creations and $1.42 million USD to a trust fund that administers Email: HOJCanada@aim.com
Evenchick Jewellery. Over the last ten years, the a number of community projects in the world website: HouseOfJewellery.com
project has expanded; originally it consisted of heritage site of the Tsodilo area. Launched in
We have many new items arriving
the original group of Basketeers covering the 2007, the Diamond Trust is part of Debswana daily from around the world!
Greater Toronto Area and now four additional and De Beers’ efforts to support communities Please visit our showroom.
chapters exist in Stratford, Simcoe, York and in Botswana. Sheila Khama, CEO of De Beers Monday-Friday 10:00 A.M. to 6:00 P.M.
Hamilton. The charity was founded by Cheryl Botswana and a founding member of the Board
Stoneburgh of Malo of Trustees, said these funds will assist in the Please visit us at the following shows!
development of a community plan, enabling
Fred Meyer Jewelers Joins RJC local communities to take an active role in the
CGTA Gift Show
August 9-12, 2009
Fred Meyer Jewelers, a fine jewellery retailer development of ecotourism. The project funding @Toronto International Centre
has joined the Responsible Jewellery Council will support the development and management Booth No. 5117
(RJC), an international trade organization that of about 16,000 hectares of land surrounding the Alberta Gift Show
represents over 100 member companies across Tsodilo Hills, according to a De Beers policy that August 16-19, 2009
all sectors of the diamond and gold supply seeks to focus on sustainable projects. @Northlands
Hall E
For details, write #131 on Free Info Page, page 113
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 29
COLOUR CATALOGUE
ANALYSIS SYSTEM
S I S S YS
A LY TE
AN M
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EM
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ST
SILVER
A
SY
LY
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JEWELLERY
S YS T E M A
N
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BODY JEWELLERY
AL
YS
YS
DISPLAYS
S
IS
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SI SY
LY STE
ANA M
ANALYSIS SYSTEM
TOLL FREE 1•800•661•4460
1670 MILLS RD, SIDNEY BC V8L 5S9
30 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
a diamond necklace by billionaire jeweller, Anvil Mining Limited AVM TSX $1.080 $1.580 46.30% $11.190 $0.450 $15.4 0.84 112.00
Barrick Gold Corp. ABX TSX $35.990 $40.400 12.25% $52.470 $22.000 $1,834.0 43.88 35,243.00
Laurence Graff, bought by a private buyer Compania Minas Buenaventu BVN NYSE $20.730 $25.050 20.84% $35.665 $9.000 $163.1 19.1 6,374.00
from the Middle East for $410,500 USD. Eastern Platinum ELR TSX $0.560 $0.520 -7.14% $2.810 $0.185 $31.6 N/A 354.00
Eldorado Gold ELD TSX $9.520 $10.930 14.81% $11.900 $3.440 $54.5 19.64 4,036.00
Equinox Minerals Limited EQN TSX $1.900 $2.840 49.47% $4.600 $0.760 N/A 12.41 1,695.00
Watch Your Watch Parts First Quantum Minerals FM TSX $38.620 $55.550 43.84% $75.950 $12.750 $268.2 N/A 3,826.00
From calibres to column wheels, the FNX Mining Company FNX TSX $5.490 $8.250 50.27% $24.780 $2.000 $51.8 N/A 700.00
Fortune Valley Resources FVX TSX-V $0.030 $0.060 100.00% $0.200 $0.005 N/A N/A 2.00
complexities of watch making are becoming Gammon Gold GAM TSX $8.240 $8.120 -1.46% $11.200 $2.680 $59.9 31.04 989.00
increasingly difficult for consumers to Gold Fields GFI NYSE $10.720 $10.720 12.39% $13.990 $4.640 $718.1 28.97 8,093.00
understand and for sales associates to Goldcorp Inc. G TSX $34.630 $41.850 20.85% $52.480 $17.770 $742.5 15.56 30,557.00
Iamgold Corp. IMG TSX $9.780 $11.840 21.06% $12.540 $2.930 $228.0 552.31 4,322.00
communicate. The Fondation de la Haute International Royalty IRC TSX $2.520 $3.710 47.22% $5.580 $1.300 $8.9 62.83 291.00
Horlogerie has devised a way to solve this Ivanhoe Mines IVN TSX $7.380 $6.360 -13.82% $12.600 $2.060 $4.3 N/A 2,405.00
Kinross Gold K TSX $18.740 $21.640 15.47% $25.370 $8.960 $544.0 N/A 15,028.00
problem with watch@tablet, an interactive Lundin Mining LUN TSX $2.110 $3.390 60.66% $6.460 $0.690 $154.9 N/A 1,652.00
touch screen PC with diagrams, pictures, Newmont Mining NMC TSX $47.740 $49.130 2.91% $59.600 $27.140 $1.6 30.14 20,262.00
videos and short explanations of watch- NovaGold Resources NG TSX $3.030 $5.230 72.61% $10.000 $0.475 $0.4 N/A 951.00
Pan American Silver PAA TSX $20.500 $21.450 4.63% $37.150 $11.120 $73.0 N/A 1,871.00
making’s most complex concepts and Red Back Mining Inc. RBI TSX $8.530 $10.250 20.16% $11.190 $3.280 $85.9 23.7 2,347.00
movements. The sales associate or consumer Silver Standard Resources SSO TSX $19.840 $22.100 11.39% $31.540 $6.870 $0.4 N/A 1,516.00
can instantly summon information that is Silver Wheaton SLW TSX $9.350 $9.830 5.13% $16.000 $3.070 $48.3 42.17 2,826.00
Teck Cominco Ltd. TCK.B TSX $11.930 $18.580 55.74% $49.320 $3.350 $1,910.0 14.83 9,047.00
brand specific, general, historic or technical, Yamana Gold Inc. YRI TSX $9.800 $10.610 8.27% $17.220 $4.290 $282.4 12.99 7,776.00
with links to 30 FHH member brands.
The program is loaded with entertaining GemStones
animations, videos, charts, diagrams and Anglo American PLC AAUK Nasdaq $9.870 $14.840 50.35% $35.606 $6.210 $11,780.0 6.94 39,241.00
photos that inform while generating interest BHP Billiton Limited BHP NYSE $46.560 $55.400 18.99% $86.020 $24.530 $29,780.0 12.7 93,027.00
Diamcor Mining DMI TSX-V $0.170 $0.195 14.71% $0.590 $0.130 N/A N/A 2.00
in fine watches. It includes an exploded view Diamond Fields International DFI TSX $0.035 $0.070 100.00% $0.375 $0.025 $0.1 N/A 3.00
of a mechanical movement and an explanation Dios Exploration DOS TSX-V $0.130 $0.105 -19.23% $0.370 $0.050 N/A N/A 4.00
of each part, plus 11 documentaries on watch Harry Winston Diamond HW TSX $5.150 $7.200 39.81% $30.170 $2.190 $140.8 53.85 551.00
Mountain Province Diamonds MPV TSX $1.290 $1.800 39.53% $5.070 $0.730 N/A N/A 108.00
making’s métiers d’art. Content automatically Moydow Mines Intl Inc MOY TSX $0.100 $0.140 40.00% $0.210 $0.050 N/A N/A 8.00
updates when the batteries are charged via a New Nadina Expls Ltd NNA TSX-V $0.115 $0.110 -4.35% $0.290 $0.075 N/A N/A 3.00
wired Internet connection that also sits on the Rio Tinto RTP NYSE $156.950 $168.950 7.65% $497.500 $59.200 $9,538.0 15.72 42,111.00
Stornoway Diamond SWY TSX $0.180 $0.125 -30.56% $0.365 $0.055 N/A N/A 32.00
sales counter. Sales associates can download Tahera Diamond TAH TSX $0.005 $0.005 0.00% $0.045 $0.005 $5.7 N/A 1.00
training material directly from the brands. The True North Gems TGX TSX-V $0.100 $0.145 45.00% $0.385 $0.050 N/A N/A 10.00
Western Standard Metals WSM TSX-V $0.100 $0.130 30.00% $1.200 $0.050 N/A N/A 0.60
Fondation de la Haute Horlogerie supports
30 high-end member brands with public Jewellers & Retailers
For details, write #133 on Free Info Page, page 113
public from buying counterfeit watches, with Signet Group SIG NYSE $16.500 $20.820 26.18% $26.500 $5.910 $762.6 N/A 2,032.00
Tiffany & Co. TIF NYSE $28.710 $25.930 -9.68% $45.800 $16.700 $523.1 12.64 3,214.00
a slogan that reads: “Fake watches are for fake Wal-Mart WMT NYSE $47.870 $48.760 1.86% $63.850 $46.250 $94,242.0 14.18 190,792.00
people.” According to Emmanuel Schneider, Zale Corporation ZLC NYSE $4.270 $3.550 -16.86% $42.230 $0.890 $379.1 N/A 114.00
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 31
Rio Tinto Hopes Destocking to the world's second largest primary platinum are subject to an option and joint venture
taper off Drop in Diamond Sales producer, has allocated $1.6-million for agreement between Wallbridge and
Rio Tinto is reportingly weary that its the 2009 exploration program on the Champion Bear Resources.
mines could see further cutbacks if an Parkin Offset dyke properties located in
improvement fails to occur. Bret Clayton, Sudbury. “We appreciate the support of our PolyMet Officials Have High Hopes
Chief Executive of Rio Tinto’s diamond and joint venture partner Impala,” stated Alar for New Type of Mining
copper unit, told the Mining Investment Soever, President of Wallbridge. “Their PolyMet Mining, based in Canada, is hoping
Congress in London that the Company continued contribution to this project that the adjacent Duluth Metals Complex
has cut its diamond production by about a allows us to continue to aggressively explore will create a sustainable, long-term United
quarter due to the downturn and that the these properties in spite of the difficult States source for copper, nickel and other
destocking of the supply chain has largely economic times. The first two holes of the precious metals. Other mining companies
finished. “While we are not anticipating new program, which includes 6,300 meters are also investigating the economics of
a recovery in the market, what we are of diamond drilling, will target two highly mining other parts of the Duluth Complex,
anticipating is normal pull-through of the conductive targets defined by geophysical but the PolyMet project is the only one that
volumes,” he said. He further mentioned surveys during the winter program. The has started the permitting process. PolyMet
that the prices have slid by around 30% Parkin Properties comprise a southern has spent about $20-million so far, which
to 40% and sales of unpolished or rough block of claims held 98.5% by Wallbridge includes preparation of the Environmental
diamonds have collapsed by about 70%. and 1.5% by Xstrata Nickel, a central block Impact Statement (EIS). PolyMet currently
of claims covering the historic Milnet Mine holds the lease to mine a significant portion
Wallbridge Mining Initiates workings owned 100% by Wallbridge. A of the Duluth Metals Complex, which has
2009 Exploration Program northern block of claims and three claims been rated as one of the richest sulfide metal
Wallbridge Mining has announced that its between Wallbridge's southern and Milnet sources of copper, nickel and other precious
partner, Impala Platinum Holdings Limited, claim blocks covering the Brady Showing metals in the world. [CJ]
OVER 25
YEARS
EXPERIENCE
21 Dundas Square
Suite 1006
Toronto, ON
M5B 1B7 Xstrata Halts Timmins Nickel Mine
Xstrata Nickel has suspended mining operations at its
Montcalm mine in Timmins, Ontario, after a geotechnical
review was conducted and showed structural damage.
Mine manager Keith Bullock said:
“We have decided to
For details, write #134 on Free Info Page, page 113
32 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CJ_AUG09_Oneill_Diamonds_Ad.indd
CanadianJeweller.indt 1 1 7/14/09
7/16/09 11:02:38
2:25:04 PM
AM
34 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
Golden Rules
The ethics of appraising.
e d u c at Io N a l
By Duncan Parker
I
think of the word “ethics” as a verb. It’s an action word, because it is something we
can practice, and through practice, we can get pretty good at it. By not practicing
it, we can get pretty bad. Most of us do get some practice whenever we can, and
enjoy the results, but simply don’t find the time to get down to it every day.
ever-gorgeous
If you are accredited as a Certified Appraisal Professional (CAP) through the Canadian
Jewellers Association, you are bound by a code of ethics. Many organizations have
established codes of ethics to which members are required to agree in writing.
Codes of ethics are often established in response to a need, such as the existence of
procedures or practices within a field of specialty that have brought about concerns or
complaints within the industry or among those served by the industry. ever-changing
In this case, appraisers are no different from others in the jewellery industry. Clients
bring their purchases to appraisers for verification that they didn’t get “ripped off,”
but don’t want to let goods out of their sight while being appraised. Ironically, we
are seen as the arbiters of truth, yet we are as mistrusted as the jewellers whose
suspected deceit we’re asked to uncover.
It is very helpful, therefore, to let clients know that we are bound by a code of
Forever
ethics. As an appraiser, there are certain ethical standards to observe. Whether you
are a full-time appraiser or just take appraisals in during the course of your retail
business, there are certain standards of practice that should be observed. A code
of ethics helps to make it clear what your basis of practice should be. Here are few
standard practices that you should observe:
• Never cut corners. As appraisers we offer our skills as gemmologists and our
knowledge of jewellery. Cutting corners undermines your professionalism, and you
will lose the respect of your client base. When something arrives in your hands
described as a sapphire, for example, test it, just as you learned in gemmology
school. If it isn’t a sapphire, you’ll be glad you checked and spent those extra few
seconds. If it is a sapphire, you can issue your work with confidence.
let your sales message
• Observe client confidentiality. We sell information, and that information must sustained
be kept exclusively between you and your clients. At Harold Weinstein Laboratory,
we have a few clients who have given us a blanket exemption to release information Brand your store(s)
to anyone who asks. On average, however, we observe a strict ethical practice of
releasing information only to those for whom it was prepared or to someone to Free to consumer
whom we have been given clearance to release it. and free to you
• Don’t let yourself be pushed around. This is where it can get tough to stick to
your program. An appraisal is often used as an independent verification of
identity or quality. An appraiser may receive, in the laboratory, an item
that has a grading or identification report conveniently provided. You
are being asked to provide your independent point of view. You are
asked to be fair and disinterested (but certainly not uninterested).
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 35
Having been given a grading or identification, however, it is hard not of ethics, but codes of practice. In Canada, we have a code of ethics
to be influenced by that information. You might start to second-guess for CJA, plus there are sets of guidelines that were prepared through
yourself: “I think it’s a VS-1 but they wrote VVS-1; am I being tough?” organizations including the Canadian Gemmological Association, The
Instead, ask yourself: Is it a genuine opinion, or wishful thinking on the Insurance Bureau of Canada and Industry Canada, with widespread
part of the client? How many times do we hear things like, “I agree with trade participation. Among these are “The Guidelines with Respect to
you about the diamond being SI-1, but I didn’t have a VS-1 and that’s the Sale and Marketing of Diamonds, Coloured Gemstones and Pearls,”
what the client wants, so I need it to come up as VS-1.” If you stick to and the “Jewellery Appraisal Guidelines.”
your SI-1 rating, you may not see more work from that client, but if they
respect you, they will accept your honest opinion. Usually such codes of ethics or guidelines are not law, but are accepted
as industry standards. It shouldn’t be law and fear of legal consequences
What is the limit on inf luence that can be brought to bear on the that makes us adhere to codes of ethics, but the knowledge that it is
jewellery appraiser? We are limited to our own moral and ethical codes. morally correct to do so. It is comforting to know, however, that when
We are aware of generally understood ethical codes, but we also need a particular code of ethics or industry guideline is accepted in court,
to be aware of published and accepted codes. The understood codes are it becomes law through observance and acceptance in case law. And
simple things, and aren’t really very different from the written codes: Do finally, here are two tips that are not written down anywhere but should
the right thing, tell the truth, and represent things as they really are. The always be observed:
written codes have been adapted as lessons from common sense, and are • Don’t put people’s jewellery in the paper shredder (this is one I have
so obvious that we don’t really need them printed out, but they serve as observed in the breach).
a reminder, just in case. • Don’t vocalize unpleasant feelings when you take the bracelet off a
sweaty guy’s watch.
Codes of ethics are generally available on web sites of organizations
such as Jeweller’s Vigilance Canada (JVC), or the Accredited Appraiser’s It pays to know and do the right thing. Keep practicing, and you will be
Association (CAP) at the CJA. Sometimes they are not even called codes pleased with the results — it’s very slimming. [CJ]
36 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CJ_AUG09_J.Ifrah_Ad1.indd
Jeweller (KA) raven 1-1.indd 11 7/16/0910:28:32
14.07.2009 2:13:24Uhr
PM
Visualizing the Bridal Market
Mapping out where and what is hot in this traditional market.
By Robin G hambir
s the economy continues to face challenges, jewellers have been focusing To cast some light on this, we used our log data to plot the geographic
more on the bread and butter bridal market. Bridal is the proverbial sure location of consumers who were searching through bridal categories on
thing in jewellery: people get married and then about half of them our network of retailers’ sites. Each balloon on the map represents a
divorce. In what has been observed as “the triumph of hope over experience,” consumer who has browsed a particular category. So when we look
about half of those who divorce remarry. With the advent of same-sex marriage, at these maps, we are looking for two things: distribution and density.
the market has grown further; all of which is good news for jewellers. So one Distribution shows us where the consumers come from, and when we
might think that anywhere there are people, there is a market for engagement look at density, we are looking at where these balloons are most clumped
rings and wedding bands. That is mostly true. Within those categories are together. We do this because this can show us where the market is more
many combinations and permutations of designs, metals and diamonds. concentrated for that category.
38 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
So to start, we mapped out engagement rings made from gold. And then we plotted
engagement rings made with Canadian diamonds, which has a similar distribution in
Canada but a lighter density, which would indicate that this is a smaller but significant
portion of the engagement ring market across Canada. Now compare both of these maps
with the platinum engagement ring category, which represents a much smaller part of the
market and one that is more concentrated in urban areas. Then we wondered, since many
engagement rings can also be worn as right-hand rings, how that market looked. As you
can see, it's surprisingly large and pretty evenly distributed across the country. Given that
women are more affluent and choose to marry later than in previous generations, the right-
Get Your
hand ring market has seen steady growth.
Industry News
What else did we find? Well, there's a very large market for wedding bands with diamonds
but a pretty small one for platinum wedding bands. We were also surprised that the number Delivered Every Day
one item in our top ten engagement rings category wasn't a solitaire and wasn't made out of
white gold — two long-standing trends (see page 40). The remainder of the list showed the Via E-Mail
continued strong trend towards white metal and the influence of pavé-set rings that have
been prevalent for the last few years.
Go to Canadianjeweller.com
To read more about the current trends and designs in the bridal category, turn to page 66
and find out how you can reap the benefits. [CJ]
Or Fill
Wedding Bands with Diamonds
E-mail Address:
First Name:
Last Name:
Company Name/Store name:
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 39
Rank 2 Rank 7
Model SGI-26770 Model RE2371
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40 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
An evening to remember
DESIGN YOUR UNFORGETTABLE MOMENTS WITH PANDORA’S CHARMS, RINGS, NECKLACES, AND EARRINGS IN STERLING SILVER AND 14K GOLD. PRICES FROM $25.
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S
ince the time of the Renaissance, Italy has been a world bringing a painting to a museum; you simply
leader in arts and design, from apparel to automobiles and don’t think of the price. We’re the first to see the
film to furniture. Italy is also a world leader in jewellery trends and we’re the first to bring the trends, and LeGi gold
design, and Jomark Italgold Ltd. is a leader in delivering the the people who jump aboard with us are going to be necklace with
latest in Italian design trends to the Canadian retailer. the leaders.” checkerboard
cut quartz.
Based in Woodbridge, Ontario, Jomark is an importer and Di Scola attributes part of his company’s success to the fact
wholesaler specializing in 18-karat Italian fine gold jewellery. that he has been able to stay ahead of the curve for many
Owner John Di Scola has been in the jewellery business for years by consistently attending the Vicenza Fair. Vicenza,
20 years. In the beginning, he ran a distribution company out held three times a year, was already considered to be a key
of the Niagara region, specializing in direct sales. After being date on the international calendar. In 2009, the fair began
introduced to a number of Italian gold wholesalers, he quickly the process of going through a major reorganization to
established relationships with manufacturers in Vicenza and further position itself as an industry-leading event.
Arezzo, Italy. Today, he serves a roster of clients among the
large- to medium-sized Independent jewelers across Canada. In the past, the three annual shows did not differ much
in structure. As of this year, they are much more strongly
Of his tenure in the industry, Di Scola says there are “no bad differentiated. The January edition, the first international
parts,” but his favourite aspect is simply being able to work with gold jewellery fair of the year, targets buyers and large
the jewellery all day long, because of the beauty and desire of wholesale trade groups to showcase the first collections
gold products. “We have a real passion for bringing quality of the year. In May, the spotlight moves primarily to
goods from overseas,” Di Scola says. “Sometimes we don’t even fashion and design, while in September the fair focuses
look at price; we just look at the beauty of the items. It’s like on consumer trends, sector issues and customer service.
42 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
“andJewellery sales are very personal; basically, you fall in love with a piece
you have to buy it. There will always be business for the mom-and-
pop shops.
”
Attendance at all three Vicenza shows every year, says Di Scola, allows
him to be “the first to pick and deliver the finest gold jewellery to Canada.”
Internationally, he says, “Italian merchandise has been the leader in quality
until now. They’re innovative in colour and design; they are leaders in
fashion and leaders in quality.”
Italian designers were among the first to start working with pink gold,
“which has been very strong,” Di Scola points out. He says he believes LeGi gold drop earrings with
that demand for the pink metal is poised to grow here in North America. checkerboard cut quartz.
“We’re starting to see the sales come through, but still we haven’t seen
them come through as they have in the yellow and the white metal. Pink
is a sleeper that will bloom,” he predicts.
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 43
Another coming trend is “lighter-weight gold,” he says. “For example, the hoop earrings,” Di Scola
earrings we have are the lightest for the size. The trend is to go lighter. Even says. “Classic ladies’ gold
LeGi has to make their product considerably lighter and more affordable bracelets and basic chains have
than the next guy, even though they’re a designer brand. It’s all about price been selling for hundreds of years, not
point. It’s not that people aren’t going to buy some big, expensive gold just tens of years. The basics always sell through.”
pieces, but definitely, the industry trend would be lighter.”
The strongest pieces of wisdom that Di Scola would offer retailers would
Di Scola says he doubts the price of gold will drop very much in future: “I be that “they have to invest in themselves and invest in their businesses.
would think gold will be stabilized around this price or higher,” he says. Give as much selection as possible and stay current with the new trends
Therefore, he predicts, “due to the rising price of the commodity and the that will excite the customer when they come in. Even in these times,
increasing value of product lines, we see the future in bringing exciting things come in and things go out.”
new products that are trend-setting and relatively lighter in weight.” He
also sees the company and the industry “diversifying by going into unique Internet sales should not be ignored, he says, but there will always be an
jewellery with coloured stones and pink 18-karat gold to attract a younger, important place for the brick-and-mortar shop. “Internet jewellery sales
more savvy consumer.” will always take a piece of it, because people will think they’re getting value,
but I think a lot of people will be disappointed at the end of the day, whereas
For the retailer, he says, “The biggest problem is cost of inventory. in the brick-and-mortar stores you can try it on; you can see it. Jewellery
They tend to hold back a little, but they have to focus on inventory. The sales are very personal; basically, you fall in love with a piece and you have
smaller places are scaling back, but the key is a diversified selection of to buy it. There will always be business for the mom-and-pop shops.”
merchandise. And gold will never go stale; there may be a style or colour
that’s trendy one year and not the next, but gold never goes out of style, As for his own company, Di Scola says, “we plan to continually expand
so the risk is minimal. After all,” he says, “people who invested in pieces our lines and open new doors to people and jewellers who appreciate gold
three years or four years ago are doing very well now.” from the finest Italian artisans. We have a great service; we have great
style. That’s the key to our success. We continue to grow year after year.
Certain classic gold pieces are essential and eternal. “Your basic bread- Last year was our best year ever, in the middle of an economic storm. So
and-butter gold earrings are always going to be in fashion, especially we’re doing something right.” [CJ]
44 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CJG BUYING SHOW | WESTERN CANADIAN JEWELLERY EXPO BOOTH #521 | EXPO PRESTIGE BOOTH #327 | JCK TORONTO BOOTH #907
CJ_AUG09_J.Ifrah_Ad.indd 1
Jeweller (KA) charm schw 1-1.indd 1 7/16/09 10:28:57
14.07.2009 2:15:40 Uhr
PM
A Cut
Above
From local ambassadors to fundraisers, Pat Thompson
puts community first on the East Coast.
B y Carol B esler
Photography By Greg Locke
P
at Thompson, owner of Diamond Design in St. John’s, Newfoundland, is unavailable at the time
I am scheduled to interview him for this story because he has rushed out to attend the funeral
of a client’s father. This seems to illustrate perfectly his philosophy of retailing: “My jewellery
store is about relationships – genuine relationships between my business and the clients we serve.” To
Thompson, it would be unthinkable to miss an important milestone of any client, be it celebratory or
otherwise, and whether it involves jewellery or not. One of his most memorable in-store experiences
was the time a mother of a six-year-old boy who as killed in a traffic accident came in to have a ring
made in honour of his memory. “I was never so complimented,” says Thompson. “She chose to do that
in my store. I felt that it was a huge statement of trust in us.” (It also stands as evidence of the power of
retail therapy, a comforting thought for any retailer who thought jewellery was meant to commemorate
only happy milestones). This concept of relationship marketing is the principle behind Thompson’s
store branding strategy. “Relationship marketing focuses on things like trust and commitment and
from there, everything flows,” says Thompson, “charity, philanthropy, direct mail, advertising, in-
store events, POS marketing — my aim is to have our clients refer to our store as ‘my jeweller’.”
46 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 47
48 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
“Diamond
[I also believe in] maintaining a visible presence in my store so that
Design clients know that I am available to assist if need be,
I don’t need to sell everything, but I feel it’s important for my clients to
know that I am close by.
”
Rolex might have its ambassadors from the international arena, but Another key to success is using a premium jewellery computer
Diamond Design has gathered testimonials from more local heroes. management platform (Executive) to assist in tracking, stratifying
Thompson has signed on several “ambassadors” to appear in a regional and identifying client opportunities. “[I also believe in] maintaining
ad campaign – St. John's natives who have made their mark outside the a visible presence in my store so that Diamond Design clients know
community, including Danny Cleary of the Detroit Red Wings, artist that I am available to assist if need be,” he notes. “I don’t need to sell
Mary Pratt, Newfoundland Symphony Orchestra Concert Master Alison everything, but I feel it’s important for my clients to know that I am
Black, Blues musician Denis Parker and Olympic Gold Medalist Brad close by.” The same courtesy extends to his whole team. “All my sales
Gushue all appear in ad campaigns and at in-store events. They are given people are chosen for their ‘helper’ personalities and not specifically for
the option of taking a fee themselves for appearing in the campaign or their jewellery knowledge. I can always teach them about jewellery, but
having Thompson make a donation to their favourite charities. “Some of I can’t make them nice people.” To make sure staff are on par and that
them, for example Mary Pratt, would never consider doing something everything functions well, the team holds formal and informal meetings
like this otherwise,” says Thompson. He adds: “The campaign is all about three or four times a week. “Communication flow is imperative for our
how these people stand out in their chosen fields, and by association, so people to be aware of everything that is happening in the jewellery
does Diamond Design.” industry in real time.” Other incentives include generous remuneration
above the retail norm: “This allows me to do two things, attract the best
Keys to Success people available and set high performance expectations. I give each of
Thompson notes several endeavours that help the store stand out, including my staff total control over meeting and exceeding client expectations.
“carrying brands that create an experience for all of my clients.” Pat also Accountability for client satisfaction rests with my sales people, from
hosts invitation-only events four or five times a year, including intimate repair jobs to diamond sales. They all do a great job,” says Thompson.
dinner parties. “This fosters strong ongoing relationships with our clients. Furthermore, when circumstances permit, he flies staff to jewellery
From our database of 10,000, we're able to invite exactly whom we are shows (they can’t drive from Newfoundland) because he wants “sales
targeting for each specific event.” people who have a career, not a job.”
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 49
Today’s Tomorrow
When asked what Thompson sees as the top issue facing retail jewellers
today, he chooses two, both of which are notably beyond the retailer’s
immediate control:
Firstly: “The real possibility that gold may take a quantum jump due to the
current economic uncertainty. This can have a significant impact on how
we sell and how our industry manufactures. Stability is key.”
Thompson leaves the impression that there have been few missteps in
building the Diamond Design brand, and it’s evident he’s come a long way
with conscious effort and sound business choices. “I am often asked to
speak at Memorial University’s business school to discuss retail marketing
strategies with graduating commerce students and MBA classes. I'm all
about telling my story to anyone who'll listen.”
Despite all the good, Pat does admit to a recent blunder on the sales floor.
Rolex Oyster Perpetual
GMT-Master in 18k gold A woman and her husband were shopping for rings, and after noticing her
and stainless steel. protruding stomach, Thompson asked, “When are you expecting?” He
replied, “I think my heart just stopped when she looked up at me and said,
‘I’m not pregnant.’” All in a day’s work. [CJ]
50 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 51
Refined and
Reformed
All the happenings from JCK Las Vegas.
B y Paul A guirre
W
hen Jeff Immelt, Chair and Chief Executive Officer of GE, The VIP Buyers
commented to a Toronto crowd that we were in the midst of Program in particular
a “reset,” not a recession, he must have just come back from was a raging success,
Vegas. At this year’s string of shows (JCK, Couture, Luxury), there was generating over $360,000
little open talk of the recession. I myself tried to steer clear of the topic, in buying activity at
opting to focus on what designers and companies are doing to revive the show, apart from
and reinvent their brands and offerings. What is evident, however, is that the hundreds of millions
people are prepared to move forward and continue doing what they do of dollars made on the show
best: designing, promoting and selling. floor exclusive of the program.
In a luxe exclusive lounge, the
A Complete Success program provided an enjoyable way to
Dave Bonaparte, Group Vice President of JCK Events, confirms the purchase new merchandise, with a plethora
sentiments that were heard on the show floor, networking sessions of incentives, including a concierge and a $1,000
and educational program: despite all that’s going on in the economy, merchandise credit to be used with manufactures on the floor. The
JCK was deemed a success. “Las Vegas or lady luck had nothing to do “Super Tuesday Stimulus Program” offered the first 77 retailers who
with the success of the 18th annual JCK event,” he notes. “Given the produced an invoice received an American Express gift cheque worth
challenging retail environment, JCK Las Vegas responded to the industry $200. “Productive networking and business activity harnessed industry
as a catalyst for buying activity between 2,700 international and domestic optimism and offered special events and educational programming
manufacturers and all retail categories with a robust VIP retailer program to spread best practices and insight to accelerate economic recovery,”
and daily sweepstakes to stimulate purchases.” continued Bonaparte.
On The Floor
There was a definite buzz on the sales floor this year, with collections
reflecting the direction of the jewellery industry: refined with classic
luxury, creating pieces that reflect the necessity of the purchase, not just
the desire. It seems to strike most, like with any other commodity or
luxury purchase, that a piece needs to add something to one’s personal
collection, it’s not simply enough to look pretty anymore. With buyers
thinking carefully about their purchases, and the reduced budgets most
brought along, it was evident that designers were pulling all the stops,
with decadent designs screaming “you want me.”
One brand really took conceptualization to a whole new level. Sabido &
Basteris, a tiny booth located in the Italian custom jewellery pavilion and
headed in Mexico, debuted some stunning pieces out of dyed silver and
fossilized rocks, expressing a very natural approach to craftsmanship
Sterling silver bamboo-motif bangles set with gemstones, from Thistle & Bee. Prices start and ingenuity. Although not available in Canada yet, the brand boasts
at $550 retail. creative centerpiece necklaces that really tell a story.
52 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
Sterling Silver
jewellery designers from around the world makes the spring
Doublets
shows in Las Vegas – JCK, Couture, Luxury and others –
an ideal place to confirm trends for the coming fall season.
The most obvious direction in fine jewellery is affordable
price points – silver, bridge and bridal are the buzzwords,
Off-Coloured Diamonds
including collections that are scaled down and set with
smaller gemstones. Quartz and amethyst are filling in as
primary centre stones, and there is a growing presence of
opal and moonstone – both of which are being used more
often in modern designs by firms that do for those gems
Opal
what companies like Yvel have done for the modernization
of pearl jewellery. Doublets are a big part of the quartz trend
– fusing large quartz gems, often with top facets, over a flat
Indeed, the natural/organic-inspired trend was seen heavily on the floor, a Platinum and gold were also high-profile this year, with the World
return to earthly inspiration in the design process. In particular, Pandora Gold Council’s booth promoting its members in an epic way, featuring
and Swarovski (whose Fall collection I got a sneak peak of one day before displays and a tower-like structure fit to represent the allure and
JCK), introduced lines with wooden influences, with brown, purple and illustrious history of the metal. The Platinum Pavilion, sponsored by
blue as highlight colours. Pandora, which launched an eco-collection the Platinum Guild International, was big on encouraging platinum
with some wooden elements as well as its first fine jewellery 18k gold bridal to boost sales and build customer loyalty. This year’s theme,
collection (LovePods), had much to celebrate in Vegas. “Our inspiration aptly enough, was “Platinum Commitment from Around the World.”
for LovePods came from shapes found in nature, especially the structure Accordingly, display cases featured the best in platinum bridal from
of flower pods with beautiful curves and rich bursts of colour,” noted top brands. According to the Guild, “designers exhibiting at the show
Marketing Director Jody Christian when speaking of natural influences. stayed focused and committed to their bridal business by returning to
Apart from a recent victory in a patent lawsuit, the Company also opened the classics, highlighting their best sellers, and in the end, retailers and
its first store in Forum Shops at Caesars Palace with a brilliant party. Elvis consumers bought.” Signage was big for PGI this year, as “retailers have
and showgirls were on hand, with complimentary chocolate poker chips, reported that in-store platinum signage as well as other visual prompts
Pandora-branded playing cards and bubbly all around. The 1,000-square- have driven conversations leading to increased platinum sales,” noted
foot store joins only a handful of locations in the U.S., carrying all the Michelle Peranteau, Manager of Marketing Communications at PGI.
lines and charms that made them famous, with prices ranging from $25
to $1,000 for each piece. There was even a special, limited-edition dice The Tech Buzz
charm that was brought in exclusively for the store. “We’ve had great This year’s show also saw a huge assortment of technology-driven
success with the Pandora line for several years and are excited to open a booths designed to make retailing and the online market a no-brainer,
branded store,” noted owner Donny Borsack. for the experienced and inexperienced alike. A major innovation was
54 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
tIoNal
INspIr a
Going Forward
So we might never return to pre-recession numbers or sales bliss (at least not
anytime soon) as per Jeff Immelt, but it’s refreshing to know, and inspiring to
see, that the industry still cares about the elegance and beauty of jewellery. It’s let your sales message
also comforting to know the one thing that drives retailers, manufactures and sustained
designers alike to keep producing and going forward is not money, but passion.
“Although it has been a tough year for the retail jewellery industry, JCK Las Brand your store(s)
Vegas delivered to retailers and manufacturers an efficient and effective way to do
business,” comments Bonaparte. “Manufacturers reported having very positive Free to consumer
results at this year’s event by meeting with serious buyers who were looking for and free to you
new and fresh inventory to take back to their stores.”
So let us usher in a new era of jewellery retailing and designing, one focused not
only on tried and true luxury, but also one based on the refinement and self-
reflection that comes from these so-called “resets.” Throw in consumer-driven
technological innovations, and the jewellery industry is set to keep going strong
and keep getting better. [CJ]
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 55
Silver Lining
As consumers tighten their belts and the cost of noble
metals soars, sterling silver comes into its own. Pandora’s “promise set”
features earrings, necklace
and ring all in lavender
By Sarah B. Hood enamel with CZ.
C
autious consumers may be deferring gold and platinum GFMS also foresees decline in demand, partly
purchases, but they’re taking a second look at silver. These days, driven by the weak manufacturing sector
fresh fashion and design trends are giving silver a new place of and partly by the decline in photographic
prominence. Now is the time to make a little extra space in the showroom use of silver. In 2008, jewellery demand
for a stunning display of fine sterling silver pieces. “fell for the fifth consecutive year by just
above 3%.” Silver jewellery is expected
Although it will never soar to the heady heights of gold or platinum, to decline a little more this year, but it is
the price of silver has seen a lot of movement recently. Until 2003, the interesting to note that the fabrication of
price tended to hover around an annual average of $5 USD per ounce. It silver coins and medals grew by 63% last
began a steady rise in 2004, and in March 2008, driven by investment, it year in response to an interest in investment
saw a high of $20.92 USD. A decline followed, but 2009 has seen another pieces, especially the US Mint’s Silver Eagle
steady rise. The World Silver Survey, released by GFMS and The Silver bullion coin.
Institute in May 2009, predicts prices of $11.50 USD to $14.30 USD for
the middle of the year, with a probable rise in the fourth quarter. In 2008, The Silver Institute launched the Silver Marketing Initiative
(SMI), an offshoot organization headed by Michael Barlerin (former
GFMS reports that “global silver mine production grew by 2.5% in CEO of the World Gold Council) that promotes and markets sterling
2008… representing the sixth year of consecutive growth,” noting that silver jewellery. The SMI has begun to appear at major trade shows, and
Peru was the world leader in production, followed by Mexico, China, is expanding the SavorSilver website, among other initiatives.
Australia, and Chile. Meanwhile, Bolivia produced more than twice
the previous year’s output, and Russia’s production grew by 24%. Mine And there are success stories in the Canadian retail silver market,
production is expected to drop off slightly in 2009, as is scrap supply, due many who have floated under the radar. For example, as of July 1, 2009,
to the phasing out of photographic film processing. Thomas Sabo International and J. Ifrah Ltd. have combined as TSMI Ltd.
56 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
2.
3.
1. 4.
The company is launching its first of a planned series of retail outlets with “We’ve developed a very strong brand, and there’s a big demand for
a Thomas Sabo flagship store in Rosemere, Quebec, due to open in mid- our brand,” says Pandora’s VP Canada Glenn Reinecke. “We like to
September. In 2010, a Thomas Sabo watch line is expected for Canada. call it affordable luxury. For jewellers that are carrying our product,
Pandora is becoming a bigger percentage of their sales. It appears to be
“This is great news both for us and Thomas Sabo,” says Philippe Hazen, bucking the trend.” Like Thomas Sabo, Pandora targets a wide range
CEO of TSMI. “It’s the 25th year of Thomas Sabo, and we’ve been of consumers with retail price points from $30 to $400 (CAD) and a
experiencing some above-average national and international growth.” collectible appeal. “Beads and bracelets are the cornerstone of our
The Thomas Sabo Sterling Silver Collection, designed by Susanne Kölbli, product line,” he says.
features three lines in a wide range of styles and price points. The casual
Rebel at Heart line is “full of glamour, passion and sex appeal,” says Michael Clarke, Business VP, Finished Jewelry for U.S.-based Stuller
Hazen. Motifs like skulls and dragons appeal to the inner rock star in Inc., says that sterling silver has recently “come to the forefront both
youthful consumers. as a fashion offering and as price-point satisfier for our customers” in
larger pieces, such as oversize baroque cuffs, rings and earrings. “Our
The Seasonal line is geared to current trends, taking inspiration from customers are able to take a very long margin because of the quality,”
the beach, Asian themes, Flower Power and so on, rendered in sterling he says. “It was an important lesson for us that we cannot compromise
silver with amethysts and other coloured stones. The Classic Collection, the weight or the quality in favour of price.”
– also youthful – includes “things that never go out of style”: chains,
heart pendants, simple rings in silver and gemstones. Since 2006, the “Silver looks good and it’s affordable,” says Reinecke. “Traditionally it
collectible Thomas Sabo Charm Club has been attracting increasing has been the second grade to gold, but it’s grown into more than that.
attention; 2008 saw the introduction of licensed Disney character You are also getting tungsten and stainless steel jewellery that’s very
charms that are always in style. popular right now; it’s added value to silver.”
Pandora Jewelry Ltd., is also about to launch its own branded mall-based This year we’ve expanded it with charms, so we can have the price point
stores through its retail partners, with the first slated for a September from $15 USD wholesale. Our best seller is a pair of starfish earrings
opening in Thornhill, Ontario. Downtown Toronto, Edmonton and with freshwater pearls at $40 wholesale.” There is also a Stuller Swirl
Calgary are likely next locations. collection, which features silver salted with diamonds.
58 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
August 12th - 14th August 23rd - 25th August 30th & 31st Sept 13th - 15th
Western Canadian Jewelry Expo Expo Prestige 2009 JCK JCK
Edmonton Quebec Montreal Vancouver Toronto
Booth #304 Booth # 704 Booth # 812 Booth # 811
Reinecke says he also has “definitely seen an improvement where our House of Jewellery
full range of products is merchandised in one display case. When our t: 800.668.4422
retail partners had the beads on one side of the store and other jewellery w: www.houseofjewellery.com
on the other, there was a total disconnect; when we connected it, there
J Ifrah
was a great improvement. In today’s market,” he adds, “a lot of sales t: 800.361.4611
are made because of very good branding, and very good branding is w: www.j-ifrah.com
successful because of very good product. The jewellery industry is in
decline, but good brands are not.” Lotus
t: 877.593.0922
“It’s not about the sterling silver; it’s about the choice you’re giving to the w: www.lotusjewel.com
customer,” says Hazen. “You have to put the heart into it and have the
Optimum
quality and the design that customers demand.” [CJ] t: 418.873.2926
Pandora
t: 410.309.0200
w: www.pandora-jewelry.com
Rousseau
t: 250.655.9199
w: www.rousseauchain.com
Stuller
t: 337.262.7700
w: www.stuller.com
Trendy Group
t: 905.326.5981
Stuller silver bracelet. w: www.thetrendygroup.com
60 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
NATURE’S
GREATEST
BEAUTY
SOMETIMES
LIES BENEATH
THE SURFACE
Western Canadian Jewellery Show Edmonton booth #721 Montreal Expo Prestige booth #626
62 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CLASSIC
A classic watch, much like a suit, will always be in style, so offer these
pieces with timeless appeal.
TW Steel CEO
Canteen Collection
Citizen Eco-Drive Silhouette
This brand is gaining global
With a name fitting the
recognition, and this model
woman who wears it, this
in particular experienced a
watch boasts a svelte stainless
surprising sales interest after
steel platinum-tone case and
JCK Las Vegas. With a brown
is outlined with 34 diamonds
Italian leather strap, Grade A
and enhanced by a mother-
rose gold case and chronograph
of-pearl dial and cabochon
dial, this model expresses
crown. (starting at $575)
simplicity and elegance that
place it far above its modest
price point. ($675)
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 63
64 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
The Bulova Watch Company is Canada’s leading watch company with brands
including Bulova, Caravelle, Bulova Accutron, Harley-Davidson, Wittnauer
and Bulova Clocks
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 65 For details, write #145 on Free Info Page, page 113
I
s love the only thing that can save the jewellery industry from the • Estimated average cost of a wedding in America: $30,860, with an overall
current economic downturn? Thanks to the entrenched Western market value of $71.8 billion USD.
tradition of purchasing wedding and engagement rings upon • Estimated average cost of engagement ring: $4,411 USD, with an overall
betrothal, the bridal jewellery segment seems poised to represent the one market value of just over $10 billion USD.
growth factor in the coming year for retail jewellers. • Estimated average cost of his and her wedding rings: $2,067 USD, for a
total market value of about $4.7 billion USD.
According to the World Gold Council, the sale of gold wedding rings in • The bride and groom will spend an average of $582 USD(total market
the US is a $1.4 billion industry. The average ticket is about $150. In 2007 value $1.3 billion USD)on attendant gifts, and $139 USD (total market
— the last year for which the WGC released statistics — sales of wedding value about $315 million USD) on parent gifts.
rings increased by 3.6% in dollar value, making it the second-fastest
growing category, ahead of gold bracelets, earrings, neckwear and charms. A recent study conducted by Modern Bride magazine showed that instead
The only category showing more growth was fashion rings, a segment that of reducing their wedding budgets in the coming year, engaged couples
is expected to drop off dramatically in the coming months. have reprioritized and plan to spend their dollars on items that will last
forever. The top three items on that list of items of lasting value are the
The Bridal Association of America (BAA) forecasts that 2,326,485 couples honeymoon, photography and the engagement ring. The survey reported
in the US will fall in love and get married in 2009. Over the next 10 years, that 90% of brides said they are either keeping to their original wedding
that number is projected to increase by 30%. The BAA also forecasts the budget or planning to spend more; 85% said specifically that they would
following for 2009: spend the same or more on wedding jewellery.
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 67
Additional tips on tapping into bridal sales in the coming year include:
“So confident is Cartier in the bridal
• Package bridal jewellery as a three-ring set in order to ensure you
market, that it began rolling out a new
clinch the sale for all three items: engagement ring and his-and-her Bridal Salon concept last year in its
wedding bands.
• Take the opportunity to sell rare natural-coloured diamonds, which,
because they are not commoditized, represent one of the most
boutiques across the US. ”
potentially profitable margin categories for retailers.
• Remember that “bridal” includes more than engagement and wedding
rings. Gifts for the bride and groom, wedding party and parents
and children of the couple are opportunities for added business, as are
services such as jewellery repairs, enhancements and custom design.
• Selling bridal jewellery is an excellent opportunity to start an ongoing
relationship with a client, supported by customer service, anniversary
or birthday gift suggestions and maintenance. Offer a gift certificate for
free maintenance down the road.
• If platinum and even gold are too expensive during the downturn,
remember that some bridal jewellery is now being made with
palladium, which is about half the price of gold and a third of the price
of platinum. As a platinum group metal, it has the purity and whiteness
of platinum, and is hypo-allergenic.
68 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
Still, many leading retailers are banking on the bridal business in the
coming year, dedicating floor space in their stores to bridal sales. So
confident is Cartier in the bridal market, for example, that it began
rolling out a new Bridal Salon concept last year in its boutiques across
the US At the same time, the company has stepped up its inventory of
bridal jewellery and launched a bridal personalization service — “Set
For You by Cartier” — aimed at providing clients with the engagement
rings of their choice in 10 days. This is a strategy worth adapting to any
Diamond and micro-pavé ring
jewellery retail business right now, as the diamond market is overstocked from Claude Thibaudeau’s
and well-priced. If you can sell a large diamond, now is the time to buy Simplicité collection, available in
for good margins. [CJ] platinum or 18k white gold.
Responsible Retailing
The Responsible Jewellery Council discusses why
sound business practices matter for the future.
T
he Responsible Jewellery Council (RJC) was established in
2005 by a group of 14 like-minded organizations from a cross-
section of the diamond and gold jewellery industry. The RJC is
an international product stewardship organization representing over
125 member companies, large and small, across the gold and diamond
jewellery supply chain. The RJC is governed by a Board of Directors,
supported by a number of Committees and is run by a management
team with offices in Australia, Canada, Italy and the United Kingdom.
70 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
Logos Provided
These are the logos that will be provided to you. These graph
The English colour version is used as the primary example in
®
www.cardinalwatch.com
Email: info@wengersltd.com
Fax: 514-337-4581 Toll-free: 800-561-3214 CORPORATE INCENTIVES
Tabakian was the first Canadian retailer to join the RJC and believes
that RJC certification will put him in good stead with today’s discerning
consumer. “By being an RJC member, it is not just my talk or my
assurances; I can back up my 30 years in business with an assurance
system with international recognition — and teeth!”
CJ a u g u s t 2 0 0 9 72 w w w. c a n a d i a n j e w e l l e r. c o m
33960-TrollBeads Cdn Jewellers ad.indd 1 06/07/09 2:14 PM
7/16/09 1:49:46 PM
Determined to Dominate
Small businesses adapt to stay afloat and even prosper during tough times.
By Howard Grosfield
74 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
F
or many small business owners, not just those in the jewellery According to economists, the financial fallout in the U.S. has come on a
industry, alarm over the downturned market has evolved into a much grander scale than here at home, which is reflected in the U.S. survey
quiet determination among business owners to remain in the black results. A mere four in ten American small business owners are optimistic
during the recession. While it’s unclear when the economy will rebound, about their near-term prospects, and capital investment and hiring plans are
it’s become increasingly evident that entrepreneurs across Canada will not at their lowest level in the eight-year history of the U.S. survey. The U.S. data
sit idle when it comes to determining their best strategies to stay strong. also show that almost half have instituted a hiring freeze (48%) and 30% of
owners are no longer taking a salary. Nevertheless, some bright spots exist: for
Certainly, many small business owners have taken bold and sometimes example, four in ten owners feel the current economy creates opportunities.
surprising steps to help ensure their survival and even thrive amidst the
uncertainty. While many were initially hoping to weather the recession What does this mean for Canada? In many respects, it appears we are in a
without making many changes to their day-to-day businesses, the reality is better position for recovery than our peers to the south but regardless of
that most small business owners have taken steps to protect their business which side of the border you’re on, the recession is having an unwelcome
finances and cut spending. Even though some choices have been difficult, impact on the bottom line.
it’s clear that selfish tactics and massive layoffs are not part of the picture
for small business. Before the rainbow comes the rain
Undeniably, it’s still a sobering time financially for many small business
According to survey findings from a recent American Express Canada owners and their staff. Few are weathering the recession in Canada without
Small Business Monitor, small business owners have chosen to make some battle scars to show for it, which is understandable given all the
personal sacrifices to protect their companies. One quarter of respondents insecurity in the market. According to the Small Business Monitor, two
forfeited their own salaries and almost the same number are investing in five (42%) are worried things will get worse for their businesses before
personal funds and would rather do so than cut staff. Other cost-saving it gets better, and 26% have concerns about meeting payroll. A further one
strategies include cutting back on expenses (60%), curbing personal in 20 are worried about making it through the next six months, saying
spending (48%) and increasing customer value (46%) to improve cash flow bankruptcy is possible.
and manage business during the downturn.
Despite all this, more than 80% of small business owners remain willing
A supportive environment to take a certain degree of business-related risk, which could reflect their
Small business employees are often akin to close-knit communities, instinctive determination to go it alone in the business world in the first
with many having worked together for years and even decades. Offering place. As many small business owners have learned, risks are often a
support during tough times has taken on a new level of importance in this necessary step on the path to rewards.
economic climate, and many owners have gone to great lengths to protect
their best workers, employing other cost-cutting measures in an effort to To stay competitive and even emerge stronger when the economy rebounds,
retain talent and keep employees happy. In fact, many small businesses have business owners are taking a number of moderate business related risks,
begun to invest personal funds in their business rather than eliminating including investing in new equipment or other capital expenditures (52%),
incentives such as raises. The Small Businesses Monitor shows a full 30% using personal assets to cover costs (32%), using a line of credit or bank loan
of respondents still offer bonuses and three times as many small businesses to pay creditors (30%) and extending payment terms for customers (18%).
are hiring (28%) than are cutting back staff (8%).
Overall, the tenacity and positivity shared through the Monitor survey
One might assume that this gritty determination to succeed weighs heavily and during conversations with small business owners provide a welcome
on personal happiness and optimism about the future – but this is not the glimpse of hope among this important business segment. Small businesses
case. While most entrepreneurs admit to feeling the negative impact of have been widely credited as the backbone of the Canadian economy —
the recession, they have faith in their companies and are willing to stand and they are unwavering in their efforts to navigate the economic storm
behind their employees and their business models. A full 70% say they are with sacrifice, optimism and key strategies that will help ensure their
confident that their business situation will improve over the next six months, continued success. [CJ]
and the majority believe that the rewards and opportunities associated with
running their own businesses still outweigh the risks and challenges.
Howard Grosfield is the Vice President and General Manager
of Small Business Services for American Express Canada and
A look to the south International.
Are Canadian small businesses owners faring any better than their
American counterparts? A similar American Express study conducted in He’s an expert on small business relations, and, of course,
keeping credit in check.
the U.S. provides some insight on a number of matters, including small
business owner optimism and the impact of the current economy.
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 75
Canadian
Connection
An in-depth look at Gee N’Gee’s brilliant diamond designs.
B y Bonnie Siegler
O
ver 30 years ago, Gee N’Gee found a lucrative home in Vancouver,
British Columbia where Gil Bishouri, founder and owner, settled.
Bishouri’s journey spanned several thousand miles — from his
native country, Israel, to the beautiful mountains and Pacific Ocean. In his
early days in Israel, the young Bishouri excelled in creative art and from
there decided to learn the art of diamond cutting. Over time, he became
a master cutter for small to specialty cut diamonds. But he never limited
himself to just cutting these gems and has also traded in diamonds.
Parlaying his creative art into creative diamond designs, Gee N’Gee has
become recognized by diamond traders as a pioneer of designer jewellery
and is the exclusive distributor in Canada for the Flanders Collection of
diamond jewellery.
Gil Bishouri (GB): It is the two initials of the first two names of Gil and Gideon.
Gideon was my original business partner when we opened the business in the
late ’70s. After eight months, he moved back to Israel. Gee N’Gee was then
incorporated and I now hold the position of President and CEO.
CJ: How have your jewellery designs been influenced by your Israeli/
Middle Eastern background?
GB: I grew up in a country where diamonds are one of the major sources of
revenue. As a diamond cutter for many years, I have somehow developed an
understanding of what can be classic designs that can stand the test of time and
contemporary pieces that are appealing to both young and adult consumers.
CJ: What inspires you now and how do these inspirations reveal
themselves in your designs?
GB: The joy of a satisfied and content customer is what inspires me to create
A Flanders-cut solitaire in pavé setting with 19k gold.
and design these beautiful pieces.
76 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
new new.indd 1
Booth 930
Vancouver
7/16/09 4:41:47 PM
CJ: Gee N’Gee has been creating diamond jewellery for the past 30 years.
How have your designs and technology evolved over three decades?
GB: Like many other jewellers, there is always a need to thrive, to excel
and become unique. Our designs have evolved from designer pieces to
contemporary ones that are affordable, but with the utmost regard to
quality and craftsmanship. Since we are based in British Columbia, Gee
N’Gee caters to clients of different tastes, with different ethnic backgrounds
and age groups. These mainly influence the pieces that we create. For
instance, for a woman in her twenties and thirties, what’s popular is a
variety of solitaires. For those in their forties through sixties, it’s more
of a heavier look — a lot of pavé diamonds and channel-set diamonds.
Gee N’Gee is one of only a few jewellers in Canada to offer Gemvision’s
Matrix CAD design, Gemvision Revo 540 milling machine and laser
welding technology. With Matrix, we can custom-design any type of
jewellery. Clients can imagine and see what the finished piece will look
like before it is made. They can also get a better quality piece because
of the wax model — which is actually made from our CAD rendering
design.
CJ: For many fine jewellery designers, the choice of gold varies from
18k to 24k, yet you specialize in 19k gold. What is so unique about this
type of gold?
GB: The colour of the 19k gold is like non other. The whiteness of 19k is
greater than the rest. Also, the goldsmith’s ability to work on this metal
makes it unique. It is not an easy metal to work with.
CJ: You also work in platinum and it seems many in Hollywood choose
platinum pieces when going to award shows or special events. Is there a
particular reason that platinum is their metal of choice then?
CJ: You also use pearls in your pieces as well. How do the smooth,
polished textures of pearls complement the brilliant surface facets
of diamonds?
GB: We are using mainly Tahitian pearls — South Sea pearls. The
contrast between the black colour of the pearl and 19k white gold, in
combination with our special design, gives our pieces a distinct and
unique look.
CJ: What do you think will be some of the upcoming fall and winter
trends this year in jewellery?
Top: A Flanders channel setting that has almost no opening between the stones.
GB: A lot of micropavé pieces for the ladies in combination with pink Bottom: A representation of Flanders pavé setting, which is the latest and most
and white gold pieces. sophisticated diamond setting techinque.
78 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CJ: With 19k gold, platinum and diamonds, do you believe your
designs represent a consciousness of the current economic climate?
GB: A woman who wears our jewellery will look regal, elegant,
beautiful, sophisticated and simply sexy. A man, on the other hand,
will look dignified, strong, wealthy and accomplished.
CJ: In your opinion, what is the right time and place to wear a diamond
piece from your chic Flanders Collection?
GB: The regal and sheer elegance of our Flanders Collection is ideal
for special parties and occasions… for every important occasion. [CJ]
Information:
Optimum Importation Inc.
(418) 873-2926
optimumimportation@hotmailcom
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 79
Made
in Italy
The old adage maintains its allure with
the insider scoop and trends from Charm
at Vicenza.
By Carol B esler
R
ecession or not, Italian jewellery manufacturers remain
determined to stay ahead of the design curve and maintain
quality standards. Pared-down designs and competitive
price points combined with a dedication to innovation were evident
in the new collections from exhibitors at Charm, the second of the
trio of jewellery trade shows held annually at the Vicenza fair.
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 81
2.
4.
3.
82 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
1. 2.
4.
Enamel Amethyst
Expressions of colour are important at a time when jewellery must be This regal, acccessible gem is everywhere, in various shades from very
design-forward and bold in order to attract attention. Italian jewellers are light to fully saturated.
uniquely qualified, with the tools and talent, for fine enameling processes.
Price Points
Flowers Aside from the introduction of accessible silver collections by most major
Petal mania is still a strong trend, in increasingly stylized, modern manufacturers, other signs of downward price targeting include: narrower
variations. Briolette cuts and top facets lend themselves well to the look. shanks, smaller pendants, cutouts in gold metal designs, rows of small
diamonds and gemstones rather than or to complement large gems; the use
Hand Engraving of wood, including ebony; grey, ice, brown and black diamonds rather than
Silver is prominently used in new collections and is being finished in white diamonds; other substitutions, such as pink tourmaline instead of
various ways to tone it down, most notably a buren-finished scratched pink sapphire, quartz or quartz doublets instead of moonstone; and, from
surface. Much of it is also rhodium-plated to prevent tarnishing. one manufacturer (Fifth Season), a resin coating over metal beads. [CJ]
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 83
Coast-to-Coast
Celebrations went from coast-to-coast — and even Europe — in the past
few months with celebrities donning their finest. Here are the jewels that are
making the rounds and going coastal.
B y Bonnie Siegler
Leighton Meester
Leighton Meester’s
diamond bangles.
Zoe Saldana
84 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
CJ Sanghavi
060.CJ Diamonds.indd
Sanghavi 1
Diamonds.indd 1 7/16/09 10:24:18
6/16/09 2:20:53 PM
AM
Tech Talk
Technology’s relevance for today’s jewellery retailers.
By A mber K laehn
T
hese days, it’s next to impossible to avoid technology in all In addition, we are constantly bombarded with new technology
its forms and how we interact with it every day. From booking announcements, breaking news and latest trend revelations that will
travel or doing our banking over the Internet, to listening to our render whatever we are doing today obsolete by next week, if not sooner.
favourite music on our portable players, to checking our email, it has It is intimidating, to say the least, for those who are technology savvy
consumed almost every facet of our lives. Its benefits to our society are but for those who are not, it is downright frightening.
very clear: we are far more productive, more knowledgeable and better
connected than at any point in human history. Within our own jewellery industry, technology has played a major role
in creating new challenges and opportunities for us. A major challenge
The need to continuously stay ahead of our competitors requires us to be we face is contending with the emergence of online jewellery retailers
connected to the online society constantly. Unfortunately, technology such as bluenile.ca. These retailers have built very successful businesses
has been somewhat unfairly blamed for the erosion of human personal by offering a wide variety of stock jewellery while also allowing shoppers
relationships as more and more people conduct business and maintain to design and build their own unique pieces and have them shipped to
friendships behind computer screens. their homes within 24 hours. The sheer convenience, along with the wide
86 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
tIve
I N N o va
evermore
everest
everyday
variety of merchandise and many attractive shopping options available, make these online
retailers a very legitimate threat to the survival of independent jewellery retailers.
How does one successfully compete against them? And what role can technology play in
helping traditional brick and mortar retailers survive through these challenging times?
The answer likely does not lie with independent retailers creating their own online stores
to compete against much larger online retailers. Despite this advice being frequently let your sales message
doled out at industry conferences by well-intentioned online consultants, it directly sustained
contradicts the very nature of the jewellery retailing business. As we all know, this is a
relationship-oriented industry and the most successful independent retailers have long Brand your store(s)
ago learned this is critical to their success.
Free to consumer
By maintaining very intimate relationships with their best clients, independent jewellers and free to you
provide a level of service that no online retailer will ever be able to match. By capturing
every aspect of a customer’s key life events, along with a deep understanding of their
hobbies, interests and other personal information, the successful jeweller has learned to
market the right merchandise, at precisely the right time through the right marketing
venues and has established a level of customer loyalty that most other industries envy.
So how can technology help independent jewellery retailers maintain their competitive
advantage in this bold and innovative online world? I believe the answer lies with
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 87
Since 1998, she has been actively involved in both the jewellery and technology
You could, through your site, enable them to create and maintain their industries, consulting jewellery retailers on their store operations and helping
own profi le with information such as contact details, personal interests, them successfully implement technology.
upcoming special events, along with their wish lists. Additionally,
For details, write #153 on Free Info Page, page 113
88 CJ AUGUST 2009 w w w. c a n a d i a n j e w e l l e r. c o m
7/16/09 1:47:07 PM
90 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
From the first horse-drawn caged buggies to the greatest heists of the 20th century, continue Door To Door Deposit
advanced tracking systems and sophisticated to be preoccupied with their operational The Door To Door Deposit service allows an
technology of today, the armed courier distractions and personal schedules, INKAS® individual to access their safety deposit box in the
industry has changed substantially. A century has managed to forge ahead, cultivating comfort of their own home or office. All boxes
and a half ago, a handful of companies, while relationships with its clients. Listening to are housed by INKAS® in their vaults, and unlike
still wet behind the ears, attempted their feat at customers, focusing on their needs, providing most banks, are fully insured. Clients simply
providing the securitization of valuables during flexibility and offering innovate solutions has not arrange for a time or schedule a regular delivery.
transportation. This perilous service was the only assisted in the Company’s growth, but has INKAS® will arrive with the safety deposit
inauguration of the armed courier industry also been the prescribed backbone for success. box, allowing the client to access or add to its
as we have come to know it. Battles raged INKAS® “thinks outside the vault,” offering contents. Upon completion, the box is returned
and lives were lost, but the need for security extremely competitive prices and several services back to the vault where it is safely stored.
and protection continued to exist. Despite that the security goliaths do not.
these conditions, a few companies endured Customers that subscribe to the Door To
and began cementing their roots. As horse- Two such innovative services exclusive to the Door Deposit have added comfort by placing
drawn cages eventually gave way to armoured jewellery industry are the Store To Door delivery stickers in their windows that inform any
vehicles, those that survived have grown into of luxury items purchased from merchants and potentially unwelcomed visitors that “the
the armoured car industry giants of today. the Door To Door Deposit services offered to valuables belonging to this premises are picked
anyone who wants 24/7 access to their safety up and stored by INKAS®,” making any criminal
Those industry giants, the modern day icons deposit box without having to leave the home activities futile and senseless.
of security, rich and steeped in history, have or office. Both services are performed by armed
cast a long and dark shadow across the couriers in unmarked armoured vehicles, who The Bottom Line
security arena, making it difficult for others are fully insured, mitigate risks associated with Surprisingly, the costs for both Store to Door
to build and prosper. Despite this monopoly, valuables and offer personal attention for the delivery and Door To Door Deposit are very
one company has taken it upon itself to cast its discrete individual. reasonable, fueling the demand for such
own light and gleams where few have ventured services. Jewellers, merchants and customers
with success. INKAS®, the relatively new kid Store To Door Delivery are taking advantage of both services as it offers
on the block, and perhaps the diamond in Offers jewellers, both retail and wholesale, the peace of mind knowing that their valuables are
the ruff, continues to carve a niche in armed opportunity to complement the sale of their safe, secured and fully insured.
courier services. luxury and prestigious items by providing secure
transportation of the precious merchandise to Although there may not be anything sexy about
Innovative Offerings the buyer’s destination. If there is value, there armed courier services, the pickup and delivery
What INKAS® lacks in the pedigree of its is a need for security, whether the items are of cash and valuables or the storage of precious
industry peers, it more than makes up for rings, watches, brooches, bracelets, earrings or metals and stones, there is something truly
in the pursuit to offer innovative solutions. necklaces. Jewellers are also finding this service appealing about innovative solutions. And
Despite being an old cliché of sorts, the key to be extremely useful when clients need to unlike its counterparts, who have weathered
to the Company’s survival is its unwavering send the items back for repair or cleaning. This the storm, the next hundred years may see one
philosophy: the “Customer Comes First.” While type of VIP attention is not only innovative — more giant emerge. In the meantime, INKAS®
industry giants, synonymous with some of the it also generates a competitive edge. is really starting to shine. [CJ]
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 91
T
he estimated size of the jewellery market in Japan — in terms In the past few decades, Japanese consumers have been experiencing major
of retail sales in 2007 — was 1.2 trillion yen, or approximately changes in lifestyle, with strong influence from Western cultures. There are
US$10.16 billion. Following encouraging signs of recovery in many female consumers who look more favourably on imported brands,
2005 after 14 consecutive years of market decline (1991-2005), economic especially individuals in their 30s to early 40s who grew up in the “bubble
factors, as well as continuing high prices for raw precious metals, led to a economy” when many foreign brands were status symbols. On the other
5.8% decrease in retail sales in 2007. However, the economic meltdown hand, there are consumers with a preference for fashion items that are not
will start being seen as soon as 2009 numbers are tallied. prestigious brands, yet unique and distinctive in design. There is no single
trend, but a wider range of preferences than was evident in the past.
Nonetheless, sales of imported brand jewellery have been increasing each
year and are estimated to be approximately one-fourth of all jewellery There are two dominant consumer groups in the jewellery market:
retail sales. Recent sales of famous brand jewellery account for one-third of the younger generation — people in their 20s looking for unique and
all retail sales, and roughly 60% of all brand sales are international brands. fashionable jewellery at affordable price ranges, and the mature 30-40
Both domestic and import brands with good name recognition among year olds with more disposable income to spend on upscale/luxury items.
consumers are doing well in the market. The United States has been the According to a consumer study conducted in 2007 by the Yano Research
top supplier of silver and platinum jewellery, and the largest supplier of Institute, affordable fashion jewellery priced less than US$400 had about
precious metal jewellery products overall for the past several years. Japan a 46% share in terms of sales volume. Jewellery priced between US$800-
continues to be a highly competitive, but attractive, market for unique and 1,700 had the second largest share at 21%, followed by jewellery priced
fashionable jewellery products with a good brand image. between US$1,700-4,000 with a 15% share.
92 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
The precious metal raw material price of platinum, silver and gold reached a high in
early 2008. As Japan depends on imports of almost all raw materials, high precious
ever magazINe
The challenge for domestic manufacturers has been to maintain or reduce the retail price
of their products in the last few years, given the higher price of raw materials. They have
started selling lower-karat precious metal jewellery products, such as 10k or 14k gold, to Canada’s first premium Fashion
target younger consumer groups. For decades, 18k precious metal has been the Japanese Jewellery magazine
standard, and 10k, 14k, and 22k were very rarely found in the market, especially in
the retail channel, until recently. However, these are coming to be accepted by younger Great to take home
consumers due to their affordability. Imports of diamonds have been decreasing, while
coloured stones/semi-precious stones at lower prices have been increasing. 4 times per year
Many prestigious brands have begun to promote jewellery, and have also opened up
new stores or flagship store buildings in upscale shopping districts in Tokyo, Osaka, Have ever in-store to keep your
and Nagoya in the last three-to-four years. With a concentration and a number of store customers inspired;
openings in major cities, competition has been higher than ever among luxury brands.
These brands have been growing steadily each year, though sales of the international top Yes, I would like to have 20 copies
brands did not expand despite an increased number of stores in 2007. at no charge for my store at
the address below:
There is also a growing market for buyback jewellery (used jewellery bought from
consumers). An increasing amount of used, high-end, prestigious brand jewellery has
been available for resale at much lower prices in various retail chains and on the Internet.
Store name:
These factors resulted in an oversupply of prestigious brand products in the market.
Address:
Domestic jewellery manufacturers and retailers have been struggling due to greater
competition with imported jewellery as a result of decreased consumer spending.
Sales of famous brand jewellery account for one third of all retail sales, and 60% of
brand jewellery sales are international brands. Sales of imported brand jewellery are
estimated to be about one fourth of all jewellery retail sales and have been increasing Phone:
their share each year. Both domestic and import brands with good name recognition
among consumers are more successful than most non-brand products. Jewellery is often Fax:
classified according to the type of precious metal employed, whether it is gold, platinum
Email:
or silver-based on the Harmonized System (HS) code classification as follows:
Contact name:
HS Number Commodity
7113.11-000: Articles of jewellery of silver
7113.19-010: Articles of platinum Fax to: 1-888-849-0155
7113.19-029: Articles of jewellery of gold, excluding chains for watches, spectacles or
pince-nez and other ornamental chains worn on the person.
The estimated size of the jewellery retail market was 1.2-trillion yen (US$10.16-billion),
in 2007. The market showed signs of recovery in 2005, with a 2.1% increase after 14
be a part of it.
2010
consecutive years of decline. A new, wealthy consumer group called the “New Rich,”
successful entrepreneurs in IT or the stock market in 2005/2006, contributed to this
recovery. However, sales have struggled again in the last few years due to growth
constraints on overall consumer spending on jewellery. These include higher retail prices
caused by high raw material prices, as well as a weaker Japanese yen, which made many
jewellery products less affordable. Nonetheless, Japan has a US$10.16 billion jewellery
market, the third largest in the world after the United States and China.
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 93
Total imports of precious metal jewellery decreased by 6.1% in 2007 It is challenging for new brands to enter this competitive market
from the previous year. The United States has been the largest supplier that has well-established key players. However, new, unique and
of precious metal jewellery products, with a 25.8% share of all imports fashionable designer jewellery with good brand recognition and/or
of precious metal jewellery, and has also been the top supplier of silver established representation in other international markets may have
and platinum jewellery for the past several years. potential in Japan. It is important that suppliers seeking to enter this
market understand and are able to meet Japanese consumer standards
Jewellery Imports of Precious Metal Jewellery and preferences for sophisticated and delicate design with fine small
1998 & 2005-2007 details, quality and careful workmanship.
*Gold Total Imports
Among jewellery products, the best prospects include:
1998 2005 2006 2007
Wedding Rings
Volume 15.7 21.2 20.8 23.7
Value $409,447 $812,164 $829,366 $790,422 With the increasingly diversified lifestyle of Japanese consumers,
wedding and engagement rituals have been changing among younger
*Gold U.S. Imports couples. Due to high precious metal raw prices, total sales of both
1998 2005 2006 2007 wedding and engagement rings increased by value by 7.4% and 5.8%,
respectively, in 2007, while diamond engagement ring sales have been
Volume 1.5 2.2 3.0 3.4 decreasing by volume in the past several years. With lower birth rates
Value $36,619 $43,616 $51,430 $63,118 and an increasing number of single households, the total number of
*Platinum Total Imports marriages continues to go down. However, there will continue to be
strong demand for wedding rings among marrying couples, as the
1998 2005 2006 2007
exchange of wedding rings has become a well-established symbolic
Volume 2.3 3.8 4.2 4.8 marriage ritual.
Value $176,564 $349,421 $444,077 $415,434
*Platinum U.S. Imports Men’s Jewellery
One of the ongoing trends with potential for growth is men’s jewellery.
1998 2005 2006 2007 Tiepins, cuff links, and watches have been standard accessory items
Volume 0.6 2.0 2.5 2.0 for men for decades. Today, many imported prestigious brands carry
Value $82,851 $178,223 $235,502 $232,080 jewellery specifically for men or market their unisex jewellery to
*Silver Total Imports men. There is a rising interest in personal jewellery and luxury goods
among male consumers, and a broad range of fashionable products
1998 2005 2006 2007 for men is available in the market. Yano Research Institute estimates
the current size of the men’s jewellery market at 49.30-billion yen or
Volume 115.1 237.1 236.3 170.8
Value $147,317 $302,316 $305,737 $272,212 about $417-million in 2007, a 9.8% increase from the previous year of
44.9 billion yen or $387 million.
*Silver U.S. Imports
1998 2005 2006 2007 2007 Ownership Ratio of Jewellery/Fashion
Accessories among Male Consumers
Volume 34.4 27.4 32.1 22.3
Age Group Fashion Ring Necklace Bracelet Cuff Links Tie-pin
Value $69,785 $98,798 $99,962 $88,250
20s: 48.1% 74.1% 25.9% 18.5% 25.9%
(Volume in tons; Value in US$1,000s)
30s: 43.4% 54.2% 34.9% 22.9% 43.4%
Among all precious metals, silver jewellery showed a large drop both in 40s: 32.1% 56.6% 47.2% 35.8% 50.9%
overall imports and in imports from the United States, both by volume Over 50: 17.2% 34.5% 24.1% 69.0% 72.4%
and value, in 2007. Overall imports of gold and platinum jewellery by All ages: 37.0% 54.7% 35.4% 32.8% 47.4%
volume increased from 2007, while imports by value dropped. This
indicates that lower-priced platinum and gold jewellery was imported (Source: Yano Research Institute Consumer Survey)
94 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
7/16/09 2:23:00 PM
New Designers/Fashion Jewellery with Brand Recognition
Top Importers of Gold, Platinum, and Building their own brand or representing new designer jewellery brands
Top Importers of Gold, Platinum, and
SilverSilver
Jewellery from overseas may be a key to success in this market for many domestic
Jewellery inin 2007
2007
jewellery retailers who do not have their own established brands in place.
Gold: Country Share % There are many new designers of fashion jewellery from Europe, and some
from the United States, that are being introduced by leading department
stores or shopping outlets in an effort to differentiate products from other
Hong
Kong retailers. The competition for new entries has been very high.
7.53
USA Re-Made Jewellery
8.0
Jewellery re-making (called the “reform” market in Japan) is a niche that
France
has been growing recently. Small retailers/retail chains with workshop
28.3
Switzerland
functions are the key players re-making old jewellery into new and one-
9.8 of-a-kind designs for customers. Challenges and difficulties in this new
business include meeting diversified individual preferences in different age
groups, lifestyles and fashions.
Italy
21.1
Domestic production of precious metal jewellery has been decreasing
since its peak, a record of 373.7-billion yen (US$3.6-billion) in 1994
to about 213.52-billion yen (US$1.9-billion) in 2005. The continued
downsizing of the jewellery market is not only the result of sluggish
Platinum: Country Share % economic conditions, but also due to higher precious metal prices and a
Italy weaker yen. Many Japanese jewellery manufacturers have been entering
Spain
2.3 international markets to promote their brands. Exports are estimated to
2.9 have more than doubled from 2004 to 2007.
Switzld
22.0 The leading exporters of precious metal jewellery to Japan are the United
States, Italy and France. Together, these countries account for more than
France 60% of all imports of precious metal jewellery to Japan on a value basis.
22.0
USA
55.8 Among importers, the United States has been the top supplier of platinum
and silver jewellery for the past several years, and also has been the top
supplier of overall precious metal jewellery products imported by value
since 1997. The exception was in 2004, when the U.S. dropped into second
place after Italy.
According to The 12th World Wealth Report by Merrill Lynch & Capgemini,
Thailand released in June 2008, the total wealth population in 2007 (individuals
15.8
with more than US$1-million savings) was estimated to be 10.1 million
worldwide, which is a 6% increase. The Japanese population accounts for
15% of the total, and has 1.51 million wealthy individuals, representing a
(Source: Japan Tariff Association) 2.2% increase from the previous year.
96 CJ AUGUST 2009 w w w. c a n a d i a n j e w e l l e r. c o m
All ICE 925 diamonds are from the Diavik mine in the Northwest Territories. Lotus Jewellery Ltd
Diavik is committed to operating safely, protecting the environment Toll Free Phone: 1-877-593-0922 Toll Free Fax: 1-800-593-0923
and making a positive contribution to communities of the region. Email: lotusorders@eastlink.ca
The greener, cleaner diamond. Visit www.diavik.ca for more information . www.lotusjewel.com
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 97
How is this addressed in the jade trade? The demand for jadeite jade in Like Vietnamese ruby, much of the Tanzanian ruby has some blue
the U.S. has never been great. There are American collectors, of course, zones, but these don’t distract too much from the overall appearance.
but the market is far greater in Asian countries such as China and Japan. Substantial blue zones in a ruby can make the gem look purple, but
The jade industry will be able to carry on with minimal change in focus. most of the Tanzanian ruby has a slight pinkish tint to it. Some African
The United States is a far larger market for ruby, and the embargo has ruby has a tendency towards the orange, and this can detract from
prompted a demand from alternative sources. its desirability.
98 CJ august 2009 w w w. c a n a d i a n j e w e l l e r. c o m
In all, the best Tanzanian rubies display a very attractive red colour, with The majority of Tanzanian ruby is, by stark contrast, untreated. One
inclusions that may be visible to the eye, but are often not distracting. similarity is areas of blue. The Tanzanian ruby can have small lines of
The inclusions are quite different in appearance from those seen in the blue colour tracing through the red gem, while the glass-filled ruby
heat-treated, borax flux healed Mong Hsu rubies from Myanmar, but are often has colourless fractures that are glass filled, but when tilted to a
often equally visible to the eye. The most substantial difference between direction parallel to the fracture, show a flash of blue colour along the
the Mong Hsu rubies and the Tanzanian rubies is that the Tanzanian filled fracture.
rubies are usually not subject to heat treatment, although they can be.
Glass filled ruby often originates from Africa, and when used to fill
Treatments the need for ruby that is not from Myanmar, the treatment should be
Heat treatment is a standard procedure for ruby, and can be detected by disclosed. The cost and value of this treated ruby should be substantially
the presence of flux-healed fractures, dissolved rutile needles or exploded different from the untreated Tanzanian ruby.
crystals. Tanzanian rubies tend to reveal crystals that are undamaged,
and therefore cannot have been subject to standard heat treatment. It is hard to predict when the U.S. will lift its ban, which, although
imposed only in the U.S., trickles through the gem industry as a whole.
One of the most prevalent treatments of ruby right now is glass filling. One possible advantage is the resulting urgent exploration for alternative
Glass filling of fractures and cavities in ruby has been carried out sources of ruby, but a disadvantage is that Myanmar really does produce
for many years, but in the past three years the practice has become very fine ruby, and a surge of glass-filled ruby to fill the void in the
widespread, with the quantity of glass involved sometimes surpassing meantime is likely to prove damaging to the ruby trade as a whole. [CJ]
the amount of ruby in a given specimen. Glass filling has become so
prevalent, and the substantial amounts of glass so obvious that there
The Canadian Gemmological Association is an educational organization that
is widespread discussion in the trade to establish terminology for the
provides training for both the professional gemmologist, and for the amateur.
extent of glass in a gem. There are cases in which so much glass is used The Canadian Gemmological Association provides its students with the latest
as a binding agent to hold unrelated fragments of ruby together that they information on gemstone discoveries, synthetics and treatments.
are trulyCJAug09_emforium
no longer ruby,copy.pdf 1
but are better6/23/09 11:20 AM
called “assembled.”
w w w. c a n a d i a n j e w e l l e r. c o m august 2009 CJ 99
CanadianJeweller.indt 1
CJ_AUG09_OpenBlue_Ad.indt 1 7/13/09
7/16/09 10:41:46
2:29:26 PM
AM
Western Canadian Jewellery Expo
August 12 - 14, 2009 | Halls B & C | Shaw Conference Centre | Edmonton, AB
122 823
120 121 220 221 320 321 420 421 520 521 620 621 720 721 820 821
118 119 218 219 318 319 418 419 518 519 618 619 718 719 818 819
116 117 216 217 316 317 416 417 516 517 616 617 716 717 816 817
114 815
112 113 212 213 312 313 412 413 512 513 612 613 712 713 812 813
110 111 210 211 310 311 410 411 510 511 610 611 710 711 810 811
108 109 208 209 308 309 408 409 508 509 608 609 708 709 808 809
106 807
104 105 204 205 304 305 404 405 504 505 604 605 704 705 804 805
99 103 202 203 302 303 402 403 502 503 602 603 702 703 802 803
98 101 200 201 300 301 400 401 500 501 600 601 700 701 800 801
102
100
801A
w w w. c a n a d i a n j e w e l l e r. c o m
TABLE A TABLE B TABLE C TABLE D
ENTRANCE
august 2009
CJ
105
showguide
7/17/09 9:55:26 AM
Expo Prestige
August 23 - 25, 2009 | Place Forzani | Laval, QC
AV Diamonds/Price Point Leader 1125 Eugene Gem Inc 640 Livingstone Jewelry Co Inc 541
Abbasi Inc 934 European Gemological Laboratory 1305 Lotus Jewellery Ltd 717
Access Security Products Ltd 1225 Fable Designs 1213 Makur Designs Inc 1037
Accudiam Inc 912 FINTRAC 1420 Maskwa Oteh Diamonds Inc 13
Advanced Computing Edge Ltd 1325 Five Star Gold Inc 1029 Metallic Evolution 749
AF Design Inc 1216 Flica Inc 807 Nipach Displays 9
Alfred Sung Watches 707 Franco Creations 914 Noble Gift Packaging 1217
Almar Jewellery Mfg 629 Gainerie 91 1018 Nouvo Mode International 713
Almer Jewellery 1136 Gee N’ Gee Importers Ltd 718 On Tap Resources Ltd 1137
Americas Gold 1143 Gem Scan International Inc 910 PAJ Canada 618
Amipi Inc 719 Gemsparkle Ltd 819 Pandora Jewelry 1207
Ampra International Inc 833 GemVision Corporation 1422 Paragems Inc 1119
Anatoli Inc 740 George Brown College 1409 Pearl Gallery North America Inc 916
Arezzo Import Export Inc 919 Gilo Creations 818 Prestige Pak Inc 925
BH Multicom 723 Girmal Inc 1418 Rand and Paseka 837
BK Jewellery 607 GM Gold & Diamonds 625 Rebeau Jewellery HK Ltd 915
Bagatelle Marketing 1334 Gold & Silver House Ltd 622 Ritone (Canada) Ltd 814
Belair Time Corp 1236 Gold-N-Diamonds Inc 1129 RNB Jewellery 729
Besh Distributing 748 HL Mfg Inc 737 Royal Nepal Handicraft 11
Best Bargains 1327 HYC Design Inc 747 Royal Oxford Inc 1141
Beverly Hills Jewellers Mfg 1014 Icetime International 1237 Sakura Bijou 642
Butterfly Gem 937 IDD 1303 Schindler Technologies/Solidscape 1421
CA Links Inc 619 IDI Design Group/Designs by Meira T 813 Shiny Jewellers 1021
Christian Bourdin Enterprises 836 IGI 1011 Signature Engraving Systems Inc 715
Canadian Gem (Gemperle) 1007 India Gems 636 Silver Trendz 815
Canadian Gemmological Association 1307 Ion-Ray Co Ltd/Q-Ray 822 Silverman, Chapman & Reese Consulting 635
Canadian Jeweller Magazine 1317 Ital-Can Inc 821 Simplex Diam Inc 1028
Canadian Jewellers Association 1314 Italgem Inc 1114 SK Diamonds 1113
Carmen Jewellery Inc 1118 JK Designs 1215 St Eligius Jewellers 721
Chain Hoop LLC 932 Jewel of Scandinavia Inc 828 Standout Design 1036
Creative Gems Inc 1019 Jewelers Mutual Insurance Co 8 The China Design Company (HK) Ltd 744
Creed Canada 736 Jewellers Vigilance Canada 1315 The Nirvana Group 1132
Delcam 917 Jewellery Business 1321 The Trendy Group 817
Designs Unlimited 10 Jewelry Land 829 Traders Jewellery Corp 1128
Diamplus 1017 Jordan Scott Designs Ltd/Plaza Group 750 United Precious Metals 732
Diamport Corp 1015 JSN Jewellery Inc 1107 Vivian Jewelry 840
Embassy of Indonesia Commercial Trade 529 Kabana 816 World’s Gold & Diamonds 1229
EMBIX Watch Co 1040 Kev Diamonds Inc 612 Zeghani by Simon G 811
Emforium Group Inc 634 Kin Chong Gems & Jewellery 507 Zinzi Jewels 745
ERL Diamonds Inc 716 Legrand Jewellery Co Ltd 1117 Zoppini Canada 907
Eternal Diamonds 1110 Lisa Ridout Exclusive Jewellery 741
source code: Ad3 charm image used with permission by Pandora Jewelry, U.s. Pat. no. 7,007,507
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Fax Now to: 1-888-849-0155 or 416-703-6392 | or Mail card today to: 60 Bloor St. West, Suite 1106, Toronto, ON, M4W 3B8
JEWELLERY POS
Cadman DEC CJ SYSTEM THAT1 DELIVERS!
REV.showcase:Layout 11/25/08 4:48 PM Page 1
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Arsic Jewelry
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355 St. Andrew Street West of watch repair.
Fergus, ON N1M 1P1
Certified to repair:
Phone: 519-787-8080 Cartier • IWC Schaffhausen
arsicjewelry@bellnet.ca Jaeger Le Coultre • Piaget
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for
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For your Free Catalogue fax or e-mail your request See us at: www.readymounts.com
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IN JEWELLERY REPAIR
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OWN
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ALL
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INCLUDED s t u d i o - p u b l i c i t y . c o m
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• Repair of molten pieces and surface defects
• Repair of heat-sensitive pieces J.W. HISTED DIAMONDS LTD.
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116 CJ j u n e / j u ly 2 0 0 9 w w w. c a n a d i a n j e w e l l e r. c o m
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kathy@style.ca Pages: 1
www.canadianjeweller.com CALL TOLL FREE: 1-888-475-5384 Date:
Phone: 514-845-5384 alloyco@alloyco.com www.alloyco.comOct. 31, 2006
Space:H2T 2S6
55 Mont-Royal W., Suite 600, Montreal, Quebec, Canada Mrkplc proof in Buyers’ Guide
Date:
118 CJ j u n e / j u ly 2 0 0 9 w w w. c a n a d i a n j e w e l l e r. c o m
marketplace
A D V E R T I S I N G
For more information on how to advertise in the classified section of Canadian Jeweller magazine please contact: Lucy Holden Toll free 888-358-8186 ext. 6117 or e-mail lucy@rivegauchemedia.com.
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COM
H & W PERRIN
5/5/09 Co.
mperial Smelting Marketplace REVad:Layout 1 7:52 PM Ltd
Page 1 WATCH ING SOON:
GLASS C
UTTING
Canada’s Leading Supplier of Watch & Clock Materials
PERRINS’ stocks a complete range of findings and settings for the jeweller and a JUST ARRIVED! JEWELLERY BOXES AND DISPLAYS
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with double combination digital lock. in the metal using techniques like: filing,
SERVICES
Ultima 2008 Ltd. classified:Layout 1 6/19/09 1:13 PM Page 1 and Watch Repair
Dimensions: 30" wide x 48" high x 31" chasing, soldering, cutting, inlaying, bending,
Franchise is Looking to
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Sale price $3,400 plusActual size Expand in a Mall Near You.
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Call 416.318.8698. or resume contact Jakob at 778-828-2335. take control of your future!
• High Traffic Locations
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7/16/09 2:16:28 PM
For details, write #163 on Free Info Page, page 113