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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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Ritani Launches Groundbreaking “Virtual Shelf” Technology

It is to give independent jewelers immediate digital access to over 250,000 diamonds and jewelry pieces.

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(PRESS RELEASE) NEW YORK, NY — Ritani, the vertically-integrated, technology-minded jewelry company has announced the launch of Virtual Shelf, a groundbreaking, white-label application and sales vehicle for retailers that reimagines how jewelers sell and customers shop for engagement rings, diamonds, and jewelry. Virtual Shelf tackles some of the industry’s toughest challenges – such as limited physical inventory and the high costs of managing transactions and technological innovations – by providing a digital inventory of over 250,000 diamonds and jewelry items along with full-service sales processing.

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The new platform takes life in the form of a user-friendly, jeweler branded iPad app that is used over the counter during the sales consultation. Virtual Shelf is designed to complement each retailer’s existing inventory by making available a digital inventory of hundreds of thousands of diamonds and jewelry items available for immediate purchasing. Should the customer choose to purchase a diamond or jewelry item from the Virtual Shelf, the retailer sets their margin and Ritani handles the entire back-end transaction for the jeweler, including fulfillment, credit card processing, fraud risk, and returns. In turn, the retailer immediately sees the transaction on their books. The customer receives the item quickly and safely via insured shipping.

In addition to the incredible selection of diamonds and jewelry made available by Ritani with Virtual Shelf, the program can also be used as a platform for jewelers to list and sell their own inventory of certified diamonds and jewelry to other program partner retailers; diamond owners can set cost/list prices and margins to better manage their inventory flow.

“The development of Virtual Shelf builds on Ritani’s steadfast dedication to helping independent jewelers implement new technologies to accelerate business,” said Josh Marion, general manager of Virtual Shelf by Ritani. “This platform stems from years of working closely with independent retailers and seeking to solve for the critical issues affecting their businesses; we believe it will have a visible and transformative impact.”

“While the industry has often been slow to implement new technology, the introduction of Ritani’s Virtual Shelf platform is a game-changer for independent jewelers like Padis and for our customers.” said Alexis Padis, president of Padis Jewelry, one of five stores in North America currently testing the system in its stores. “This app dramatically improves the sales process for our team, removes the overhead and headaches of managing the transaction, and gives customers access to more diamonds and jewelry from a centralized, nationwide repository. Plus, we are empowered to better manage our owned inventory and offer it to other jewelers on the platform so we can collectively better serve shoppers around the country.”

Ritani research has found that nearly two-thirds of people who enter a jewelry store looking for a diamond leave without making a purchase, most often due to higher prices and a limited in-store selection. By providing these small businesses with turnkey, digital access to an immediate inventory of certified, conflict-free diamonds and jewelry, Virtual Shelf empowers trusted community jewelers to offer the vast selection, competitive pricing, and modern service that was previously only available through online companies. Further, the partnership reaffirms Ritani’s significant investment in helping community jewelers grow their business using highly-coveted technological and educational tools that are typically cost-prohibitive.

Ritani will debut Virtual Shelf at the upcoming JCK Show in Las Vegas, interested retailers can learn more about the program and sign up for a one-on-one demonstration at www.virtualshelf.io.

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Press Releases

Rahaminov Diamonds Trademarks Movál

It’s recognized for its modified, elongated oval shape.

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(PRESS RELEASE) LOS ANGELES – Rahaminov Diamonds has announced it has been awarded the trademark to its signature Movál diamond by the United States Patent and Trademark Office. Recognized for its modified, elongated oval shape and cut to specific proportions to maximize the stone’s beauty, life and brilliance, Movál has quickly become a highly requested mainstay in Rahaminov’s collection. The specialty cut diamond possesses many characteristics of a timeless marquise cut, with the soft curves of an oval. Each diamond is sculpted based on the unique features of the rough; no two Movál diamonds are alike, making each piece of jewelry one of a kind.

“For many of our retailers, Movál has become synonymous with our brand,” explained Melanie Goldfiner, Rahaminov’s director of brand development. “As a result, we felt our next step was to ensure our legal standing of the trademark to avoid future potential infringement.”

Movál was introduced into Rahaminov’s collection in 2016, with new pieces being introduced annually. The brand will showcase a new array of Movál pieces at their upcoming exhibit at LUXURY and JCK in Salon 622. For more information, or to schedule an appointment, please contact Melanie Goldfiner at Melanie@rahaminov.com.

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Uneek Designer Benjamin Javaheri Wins 4 New Awards

The new awards round up the 21st industry accolade for Uneek Jewelry.

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(PRESS RELEASE) LOS ANGELES – Uneek Jewelry’s Founder & Designer, Benjamin Javaheri continues his remarkable winning streak as INSTORE Design Awards recognizes his artistry and creativity with 4 new accolades.

The new awards round up the 21st industry accolade for Uneek Jewelry. “I feel blessed! It’s quite an experience having the industry notice my work. It’s both encouraging and inspiring for all of us here at Uneek! This fuels our passion to continuously do more, push beyond limits and take on technical challenges to innovate and create aesthetically pleasing, heirloom-worthy jewelry pieces”, says Javaheri.


The roster is top billed by the ring Benjamin calls “Le Pur Et Simple” which is a true beauty in its simple, uncomplicated and unpretentious details. It receives First in the Engagement/Wedding Jewelry Over $5,000 Category. The Engagement Ring features French-pave split shank 18k white gold setting with a 5-carat certified cushion-cut white diamond center from the company’s popular Signature Collection.


The Retailers’ Choice Award for the Colored Stone Over $10,000 Category goes to “The Rio Elbaite Necklace”. The 18k White Gold Pendant Necklace is a tribute to its Brazilian heritage for its Indicolite Tourmaline Center and the celebration that is, El Grande Brasil! A spectrum of greens and blues make the 9ct. center dance to its own tune dazzled by the kite and shield-shaped diamonds.


And last but not the least, two awards are bestowed on “The Jaxson Bleu Ring” which garners both The Retailers’ Choice Award for Platinum Category and Third in Platinum Jewelry Category. This one-of-a-kind Sapphire and Diamond Platinum Piece is a celebration ring too close to home, a design inspired by the birth of Benjamin’s first son. The ring features an 8 carat Royal Blue Oval Sapphire perched atop 4.54 cttw. oval diamond eternity band. The oval diamonds appear like floating ovals on the finger and are intentionally comfortable and low profile due to its buttercup setting.

See these award-winning pieces and other outstanding UNEEK designs on display at salon LUX1221 of the Luxury/JCK Shows, May 29th to June 3rd.

For more information and other styles from Uneek’s Fine Jewelry Collection, please e‐ mail info@uneekjewelry.com or call (1‐888) BE‐UNEEK.

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