(PRESS RELEASE) ALROSA has launched a digital tender for special size rough diamonds (over 10.8 carats). It allows customers to purchase stones despite current traveling restrictions imposed between countries due to the COVID-19 pandemic. The auction takes place between March 23 and April 6.
Due to the global situation, the company decided to cancel the upcoming special size auctions, simultaneously offering customers an opportunity to take part in a digital tender.
Digital tender is based on the technology that provides customers with a full digital scan of each rough diamond for detailed analysis. This allows buyers to thoroughly evaluate the rough and make informed purchasing decisions based on comprehensive data without visiting the company’s office.
“Health of our employees and customers is of prime importance to us. Therefore, we have decided to cancel the upcoming auctions and shorten those already in progress. ALROSA is in constant contact with customers from various countries and considers different supporting measures. One of the opportunities is a digital tender. It will not replace the traditional trading model, but becomes a solution for those who are ready to work remotely right now. We will provide all the necessary information about our rough diamonds and will negotiate with customers on payment terms and logistics,” said Evgeny Agureev, deputy CEO of ALROSA.
Family Legacy, New Chapter: How Wilkerson Turns 89 Years of History Into Future Success
After 89 years of serving the Albany community, Harold Finkle Your Jeweler faced a pivotal decision. For third-generation owner Justin Finkle, the demanding hours of running a small business were taking precious time away from his young family. "After 23 years, I decided this was the time for me," Finkle explains. But closing a business with nearly nine decades of inventory and customer relationships isn't something easily managed alone.
Wilkerson's comprehensive approach transformed this challenging transition into a remarkable success story. Their strategic planning handled everything from advertising and social media to inventory management and staffing — elements that would overwhelm most jewelers attempting to navigate a closing sale independently.
The results speak volumes. "Wilkerson gave us three different tiers of potential goals," Finkle notes. "We've reached that third tier, that highest goal already, and we still have two weeks left of the sale." The partnership didn't just meet financial objectives—it exceeded them ahead of schedule.
