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Jewelers 24 Karat Club of Southern California Announces 2019 Honorees

They will be recognized during its 75th Annual Dinner Dance and Gala on Oct. 12.

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(PRESS RELEASE) The Jewelers 24 Karat Club of Southern California and its Board of Directors announce the Club’s 2019 honorees, who will be recognized during its 75th Annual Dinner Dance and Gala, which will take place at the Montage Beverly Hills, 225 North Canon Drive, Beverly Hills, CA, on Saturday, Oct. 12, in the Marquesa Ballroom.

This year’s Excellence in Service honorees are Bill Jones and Ruben Bindra. Jones is the CEO of Sissy’s Log Cabin in Pine Bluff, Little Rock, Jonesboro and Memphis. He is an award-winning jewelry designer, a board member of National Trade Organizations and a real estate developer. Bindra started B & B Fine Gems with his wife in 1985 working from their apartment. Today B & B Fine Gems imports fine quality gemstones from over 13 countries and has clientele in over 14 countries.

“Bill and Ruben have both made a tremendous impact on our industry, and exemplify a high standard of professionalism, business ethic and a commitment to excellence, true to the 24 Karat Club’s mission,” said Silvia Raz, the 24 Karat Club’s president.

The 24 Karat Club is most honored to bestow upon Terry Chandler, of Diamond Council of America, the 24 Karat Club’s Lifetime Achievement Award. “The Lifetime Achievement Award was created to recognize an individual who has made significant contributions to the jewelry industry throughout their career”, said Raz, “Terry is currently a member of the Jewelers Leadership Forum and serves on the Board of the U.S. Jewelry Council. He is also a member of the 24 Karat Club Southeastern United States and has served as President of that Organization. He is a gifted professional with a proven dedication to this industry, truly worthy of this honor and recognition.

For tickets, sponsorship and more information on the honorees, contact Marlowe Sutton at info@jewelers24kclub.com or call 310-375-6300. The Dinner Dance and Gala is black tie optional.

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NAJA Offers Scholarship for Gemology Students

Deadline for submission is November 1, 2019.

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The National Association of Jewelry Appraisers (NAJA) announces that it will award an ACE It Appraisal Conference Scholarship to a deserving gemology student. NAJA invites GIA, FGA, FGAA, FGG, FCGmA, RGA students to apply for this scholarship for the 53rd Annual ACE It Winter Educational Conference scheduled on February 2 – 3, 2020 in Tucson AZ.

This opportunity gives the gemology student a first hand experience of networking with appraisal professionals by attending the highly regarded NAJA educational experience during a time when Tucson devotes itself to gems, jewelry, and minerals. The scholarship, which covers the conference fee only, requires a resume, photo and an essay explaining the reason why the gemology student would choose to become a gems and jewelry appraiser. NAJA believes that becoming a gems and jewelry professional appraiser is a viable career option for gemological students.

Applications can be obtained at http://najaappraisers.com/ScholarshipApp2019.pdf. Deadline for submission is November 1, 2019 and the final selection by the NAJA Scholarship Advisory Board will be announced December 1, 2019.

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CIBJO Releases Marketing and Education Special Report, Analyzes ‘Next Great Jewelry-Buying Generation’

Generation Z ‘is coming to our markets very soon if it has not already arrived in reality.’

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(PRESS RELEASE) MILAN, ITALY — With fewer than 10 weeks to go until the opening of the 2019 CIBJO Congress in Manama, Bahrain, on Nov. 18, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report returns to what has been defined as the next great jewelry-consuming group, Generation Z, providing a breakdown of what the industry needs to consider if it is to ensure that jewelry remains a favored purchase.

Generation Z refers to consumers who currently are 15 to 25 years of age.

“Gen Z is coming to our markets very soon if it has not already arrived in reality,” writes Kendall. “Its members are forecast to spend a whopping $143 billion this year alone. So we better get them on our side if we want to enjoy a rosy future. In fact, the future success of the jewelry industry will depend on our understanding the needs and wants of Generation Z. Get this right and we can all look forward to strong profitable years moving forward. Get it wrong and we could be destined for the scrap heap – not overnight maybe, but ultimately.”

Communicating largely via social media, Generation Z is more environmentally conscious and gender neutral than any generation that preceded it, studies show. It celebrates authenticity, diversity and human imperfection. It is more likely to heed the advice of a friend rather than a celebrity.

“Gen Z is prepared to splurge, but it must be worth it. The more added value the better, and that can come from its environmental credentials or its social value,” says Kendall.

To download a copy of the CIBJO Market & Education Commission’s special report, click here.

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Gem Legacy Celebrates 1 Year Anniversary

It launched in September 2018.

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(PRESS RELEASE) ROYAL OAK, MI – Gem Legacy is celebrating the successes of its 1 year anniversary after launching in September 2018 by founder Roger Dery. Gem Legacy is a 501(c)3 nonprofit supporting education, vocational training, and local economies in East African colored gemstone mining communities.

The first year has boasted many successes, thanks to industry partners and donors. Roger Dery, founder and executive director of Gem Legacy looks back on the first year: “Lives are deeply affected because we’re ensuring that a group of widowed miners will find Tsavorite Garnet, 28 orphans will get a full education, kids are getting full nights of sleep on new mattresses, and young adults are entering the gem industry with knowledge in gemology and gem faceting. They have hope because we, the jewelry industry, are saying ‘we see you and we believe in you.’”

Other highlights from Gem Legacy’s first year include the formation of its advisory board (Christina Clover-Field, Ben Smithee, and Monica Stephenson) and its Leadership Council (Omi Gems and Parle Jewelry Designs). The leadership council is growing to be a consortium of the industry’s top leaders dedicated to sharing Gem Legacy’s mission and activating a united industry-wide effort to support the mining communities in Africa.

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