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63rd Bangkok Gems & Jewelry Fair a Success

Sales generated totaled more than 63 million USD.

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(PRESS RELEASE) BANGKOK — Ms. Chutima Boonyaprapatsorn, deputy commerce minister has revealed that the 63rd Bangkok Gems & Jewelry Fair held under the theme of “Thailand’s Magic Hands: the Spirit of Jewelry Making” on February 20 to 24, 2019 at Challenger Halls 1-3, IMPACT, Muang Thong Thani experienced great success, with sales generated at the event totaling more than 2 billion baht (63 million USD). Buyers and visitors from overseas appreciated the intricate craftsmanship of Thai jewelry as well as the high quality of jewelry production which has led Thailand to be recognized worldwide as one of the world’s gems and jewelry hubs. Exhibitors at the fair met Thai and foreign buyers which offered them more opportunities to establish new networks and seek trade partners.

The 63rd Bangkok Gems & Jewelry Fair welcomed over 14,000 visitors from 118 countries from around the world, with the number of foreign visitors up 5.4 percent from the same period of last year. Trade generated at the event was nearly 2.1 billion baht (66 million USD), with immediate sales worth 700 million baht (22 million USD), up 85.2 percent compared to the Bangkok Gems and Jewelry Fair held in February 2018, while public days saw sales of approximately 360 million baht (11.4 million USD). Products with the highest value of trade at the fair were gemstones, fine jewelry, silver jewelry, machinery, and gold jewelry, respectively.

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The Bangkok Gems & Jewelry Fair served as a platform for buyers and sellers to trade quality products in a secure atmosphere that matches world standards, and to hold business matching activities with quality exporter. Moreover, visitors enjoyed new product showcases and creative exhibits, for example, The New Faces which featured jewelry products from 123 SMEs manufacturers and designers nationwide from 21 provinces, such as Chantaburi, Tak, Sukhothai, Chiang Mai, Lampang, Pichit, Surin, Prachuab Khiri Khan, Nakon Sri Thammarat, and Phang Nga; and The Jewellers and Innovation and Design Zone, both of which demonstrated quality products that received good feedback from visitors, as well as generated over 120 million baht in sales during the event.

The Deputy Commerce Minister added that in the past year, exports of gems and jewelry from Thailand have been expanding in almost all markets. Last year, export of gems and jewelry products excluding unwrought gold was worth 7,606.45 million USD, up 6.96 percent, with high-growth products including gold jewelry, silver jewelry, imitation jewelry, and diamonds. Key export markets were Hong Kong (-1.17%), the U.S. (+15.72%), Germany (+16.24%), India (+2.23%), Belgium (+8.19%), while secondary markets with promising growth included Qatar (+103.49%), Singapore (+38.92%), South Korea (+36.98%), Lichtenstein (+25.04%), and Israel (+20.61%).

Moreover, this year, Ministry of Commerce focuses on developing the competitiveness and marketing for this industry by carrying out communications campaigns to promote the image of the industry to be recognized among buyers, importers, as well as increase the awareness of consumers with projects such as the Buy with Confidence campaign by the Gem and Jewelry Institute of Thailand (Public Organization) or GIT, along with the promotion of the industry image in overseas markets through the “Thailand’s Magic Hands: The Spirit of Jewelry Making” by the Department of International Trade Promotion. Moreover, the DITP is uplifting the Bangkok Gems & Jewelry Fair which is a platform for businesspeople, buyers, sellers in the gems and jewelry industry to expand their businesses in many dimensions from material sourcing, trading, and network-building, as well as working to expand online trade channels for gems and jewelry products through platforms such as Ali Express and Thaitrade.com.

The Ministry of Commerce is also focusing on Super Rich targets in the ASEAN region, South Asia, and China, while expanding niche products such as jewelry for millennials in China, Japan, and the US; jewelry for pets among aging societies and singles; and jewelry relating to belief and opulence. Moreover, the ministry aims to develop The New Faces business operators to promote the manufacturing of a wide variety of products from Thai SMEs nationwide to enter the international gems and jewelry market.

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The 64th Bangkok Gems & Jewelry Fair will be held from September 10 to 14, 2019 at Challenger Halls 1-3, IMPACT Muang Thong Thani. For more information, please visit www.bkkgems.com or dial DITP Call Center 1169.

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Press Releases

Diamond Producers Association Announces New Diamond E-Learning Program

It gives retailers the tools and language to become true storytellers.

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(PRESS RELEASE) The Diamond Producers Association announces the launch of a new e-learning program for diamonds, “Behind the Brilliance of Diamonds.” Developed to help all U.S. retailers, the hour-long program – split into three informative modules – offers educational material and quizzes, going beyond the 4Cs to highlight the intangible value of natural diamonds, billion-year-old treasures of the earth.

“The Diamond Producers Association’s e-learning program, ‘Behind the Brilliance of Diamonds,’ offers a clear and concise, open platform for the industry,” said Grant Mobley, DPA’s trade relations lead. “Whether you have been working with diamonds for one day or 20 years, the program relates compelling stories about the history of natural diamonds, easy-to-digest and well-researched facts, and memorable details about the important benefits that the natural diamond industry makes to the world.”

The initial beta launch has yielded positive feedback.

“Getting back to basics, often we get so caught up in the technical aspects of our career that we forget the emotional aspect. Thank you for bringing the reality of relationship-selling back to the forefront,” said Cheryl Worcester of Days Jewelers.

Pierre Soucy of Robert Richer added, “I think this is both a timely and much needed program made easy and readily available for the industry by the DPA. In the past decade the jewelry industry (as a whole) has much neglected relationships between products, partners, and how they relate to the public. This program is a big gesture in bridging that void.”

“The DPA’s e-learning program should be required for everyone that sells diamonds,” said Phillip Bosen of Bosen Associates.

In addition to the training program being free, there are rewards for retail sales people who complete the program. Points are awarded for each module completed and can be redeemed for up to a $25 gift card to one of several popular retailers.

Retail sales associates who complete the program will also be entered to win a grand prize for an all- expenses paid trip for two to New York City. Valued at $4,000, the trip will offer exclusive behind-the-scenes access to the New York diamond industry, including a personal tour of a diamond cutting facility. The drawing will take place in the fall.

Visit www.diamondproducers.com/tradeportal to access the e-learning platform.

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AJDC Names New Executive Board Members

Linda MacNeil will serve as president.

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Linda MacNeil and Barbara Heinrich

(PRESS RELEASE) At its semi-annual members meeting in Tucson, AZ, the American Jewelry Design Council announced new executive board members.

Linda MacNeil was elected president of AJDC, succeeding Barbara Heinrich.

Pascal LaCroix will continue to serve as vice president and Adam Neeley was selected as treasurer, succeeding Mark Schneider.

MacNeil is a jewelry artist who uses metal and glass to make one-of-a-kind neckpieces and brooches. Her work can be seen in museums and on sophisticated collectors.

The meeting took place in February.

AJDC (ajdc.org) is a non-profit educational corporation dedicated to promoting the artistic appreciation of original fine jewelry. The group is dedicated to elevating the caliber of jewelry design through educational activities and to challenging professional jewelry designers worldwide to actualize their creative potential.

For more information, contact Marylouise Sirignano Lugosch, executive director, at marylouise@ajdc.org.

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American Society of Appraisers Names CEO

He starts the role on April 15.

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Johnnie White

(PRESS RELEASE) RESTON, VIRGINIA — The American Society of Appraisers announces the appointment of Johnnie White as CEO, starting April 15.

White is an association professional with more than 27 years serving in a variety of management and leadership roles. Most recently he served as senior director of the American Academy of Otolaryngology – Head and Neck Surgery, where he managed global affairs and strategic planning for the organization, including overseeing a staff of 17 and an annual event with more than 9,000 attendees. In addition, White is an adjunct faculty member of Georgetown University, where he instructs graduate students in operations and event management.

As CEO, White will lead ASA’s continued international visibility and worldwide capacity for innovation in professional development, credentialing and professional standards/ethics for the global valuation profession. He will play a key role in implementing the society’s strategic direction, solidifying opportunities for partnerships and collaboration among a wide range of national/international entities and applying his leadership to multiple diverse stakeholders in support of ASA’s mission.

According to Robert B. Morrison, 2018-19 International president of ASA, “During the search process, Johnnie set himself apart by demonstrating his intellect and his outstanding leadership qualities, especially in the area of inspiring others to achieve their best with his team-building management style.

He is an accomplished international speaker, university adjunct instructor, collaborator, manager and leader and we look forward to his ideas and energy that will continuing moving ASA forward as the preeminent appraisal designation.”

White holds his MBA from the University of Maryland University College and his B.S. in information systems management from the University of Maryland. He is a member of the American Society of Association Executives and the Professional Convention Management Association and has received numerous awards and recognitions for his association work, including being named one of the top 40 Trending Association Innovators by DCA Live in 2017.

Immediately preceding White was career appraiser Lee P. Hackett, who has served as interim CEO since October 2017. Hackett was instrumental in working with executive placement professional Pamela Kaul, president and founder of Association Strategies, and with the ASA Board of Governors and the CEO Search Committee in an intensive search process that resulted in finding and hiring White. Hackett will assist with the transition of leadership.

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