Press Releases

IDE to Hold Special Sales Event in New York with DDC

The event will be held from November 27 – 30.

Published

12 months ago

November 2, 2023

Press Releases

IDE to Hold Special Sales Event in New York with DDC

(PRESS RELEASE) RAMAT GAN, ISRAEL — The Israel Diamond Exchange (IDE) has announced that it will hold a special sales event in New York, in collaboration with the New York Diamond Dealers Club, under the headline STAND WITH ISRAEL. The event will be held from November 27 – 30, 2023, on the new trading floor of the DDC.

Due to the war with Gaza, the Israeli economy has slowed considerably, and the diamond exchange has seen a significant drop in activity. IDE says that the special sales event is intended to boost the local diamond industry, and to enable diamond traders from throughout the U.S. to show their support for the Israeli industry.

The organizers are also launching a marketing campaign in New York and across the U.S. to invite diamond buyers to attend the event and to stock up on goods for the holiday period.

IDE President Boaz Moldawsky said, “The special sales event is intended to strengthen ties between Israeli and American diamantaires and to create business opportunities during this very difficult period. We hope to see a huge turnout of diamantaires who “Stand with Israel” at this challenging time. In the past we have held Israeli Diamond Weeks at the DDC which were always successful, but in light of the special circumstances this event will be especially meaningful.”

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”