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Tiasuwan Receives JNA Lifetime Achievement Award

It’s one of the highest honors in the international jewelry and gemstone industry.

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(PRESS RELEASE) Mr. Prida Tiasuwan, Board chairman of Pranda Jewelry Public Company Limited received one of the highest honors in the international jewelry and gemstone industry this year – the Lifetime Achievement Award conferred by the JNA Awards organized by UBM Asia.

This award is considered the highest honor for individuals who contributed to the advancement of the jewelry industry by promoting the best business practices, leadership excellence and innovation. Mr. Prida is also known for nurturing new generations of artists who are preserving Thailand’s time-honored jewelry-making traditions. The event was held on September 17, 2018 at the Hong Kong Jewelry & Gem Fair.

“I am truly honored and grateful to receive this international accolade from the JNA Awards. This industry has given me so much happiness in my life. I and top leaders around me have trained and developed thousands of people into becoming fine craftsmen, and I am extremely delighted to say that they are proud to create beautiful and exquisite jewelry pieces.  I feel that God has given us the duty to fulfill the needs of those who wish to celebrate meaningful occasions by offering special and unique jewelry to their loved ones. We have accomplished this task – and more – since we ensure that all our products are and will be produced in a socially responsible way,” Mr. Prida shared.

“I’m honored and I’m feeling happy to receive this award. Then I start to reflect after that moment onward and I realized that is this really the most important point?
Our industry has never really been admired properly. We had served the world or at least half of the world to make them happy, to make them feel confident. We use our two hands to cut to beautify the stones that nobody wants into a most beautiful thing and we do it with happiness.

I was very happy because every time when I look at my workers, I look at them like precious things. When I look at their faces, they are so happy to do what they are doing, but they never really been recognized properly. And now I feel that I am the extension of them to get something that they can feel proud of. Thanks JNA for lifting the spirit of the gems and jewelry industry and lifting the spirit of workers who has produced the thing that they love for the people that love beautiful things.” Mr. Prida said while receiving the award.

Mr. Prida known as one of Thailand’s visionary business leaders, is credited for transforming PRANDA Group into one of the world’s top jewelry manufacturers and exporters, and the Southeast Asian country’s flagship jewelry brand. Under Prida’s leadership, PRANDA mastered the mass-production of fine-quality jewellery, a feat which used to be the exclusive domain of highly skilled goldsmiths. This high-profile industry pioneer also champions Thailand-made jewellery globally, encouraging other home-grown manufacturers to explore and capture international markets.

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Mr. Prida has devoted himself to the industry for more than four decades. He currently serves as vice president of the Thai Gem and Jewelry Traders Association, director of the Subcommittee on Marketing at The Gem & Jewelry Institute of Thailand (GIT) and director of The World Jewellery Confederation (CIBJO). He is also a member (5th Class) of The Most Noble Order of The Crown of Thailand for his outstanding service to the Kingdom of Thailand.


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Diamond Empowerment Fund Announces Winners of Inaugural Millennial-Focused Proposal Contest

Winners hail from Tampa Florida.

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(PRESS RELEASE) NEW YORK – Diamond Empowerment Fund (D.E.F) announced the winners of the Inaugural ‘Real Stories. Real Diamonds. Real Impact’ video proposal contest. A second year of the proposal contest is now being planned.

The winning couple of this year’s contest, Robyn and Austin, hail from Tampa Florida and were engaged at a Balloon Fiesta in Albuquerque, New Mexico. ‘After 6 years together this ring represents our love and commitment, our promise to each other, and our promise of forever’ says Robyn.

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That ‘forever’ will include a trip to Botswana, one of the largest producers of gem quality diamonds in the world, to see firsthand the impact natural, mined diamonds have had on the country and to share their experiences through social media.

Videos were judged by digital media influencers @thediamondsgirl, @greenweddingshoes and @roamaroo with combined followers numbering over 1,200,000.

Propelled by strong retailer engagement in promoting the contest, millennial engagement was high and this success has spurred the Diamond Empowerment Fund to plan for a second year of the contest, to be announced later this year. “The contest is helping boost consumer understanding of the real, positive impact for communities of natural, mined diamonds” says Executive Committee member Rebecca Foerster, president of Alrosa USA.

D.E.F President, Anna Martin, senior vice president of GIA echoes, “Educating the younger generation on the good diamonds do and inviting them to engage in this narrative will help boost consumer confidence in, and ultimately demand for, diamonds”.

The winning video can be seen on DiamondsDoGood.com/myproposalcontest.

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MJSA Launches “Member Protection Package” of Best-in-Class Business Services

It’s aimed at helping its members take advantage of best-in-class business services.

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(PRESS RELEASE) MJSA, the trade alliance dedicated to professional success in jewelry making and design, has launched the MJSA Member Protection Package, a portfolio of member benefits aimed at helping its members take advantage of best-in-class business services.

“Our members face constant challenges, from securing supply chains to ensuring orders are delivered on time,” says MJSA president/CEO David W. Cochran. “They rely on MJSA to help them not only respond to these challenges, but also adapt to change and anticipate potential disruptions. That’s why we’ve assembled a portfolio of leading business providers covering a spectrum of services—from sourcing raw materials to delivering finished products to satisfied customers. We’ve done the due diligence necessary to ensure our members can access the best help available to protect their businesses and remain profitable.”

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The providers range from industry-specific experts to world-renowned brands. In many cases, MJSA members receive discounts as well as additional services—including support from MJSA staff, who can facilitate connections and answer questions.

Cochran emphasizes that the portfolio is by intent a dynamic offering: MJSA will continue to add to it as needs arise, to ensure its members have the best protection possible. Current Protection Package providers include:

  • Shipping Solutions: Parcel Pro. Offering a choice of carriers (including UPS and FedEx), Parcel Pro offers a full range of services, from Next Day to Ground to International. Its technologies enable industry-best procedures to mitigate risk and provide end-to-end protection for high value shipments. Plus, MJSA Premier members are eligible for exclusive rates far below industry average.
  • Precious Metals Leasing and Commercial Lending: TD Bank Group. When Scotiabank decided last year to limit lending by its ScotiaMocatta metals unit, many jewelry manufacturers, refiners, and metals suppliers faced a void. MJSA enlisted the TD Bank Group and its metals subsidiary, TD Securities, to help fill that void. TD Securities leases precious metals to users around the globe, and it has the expertise necessary to help members navigate the metals markets effectively. In addition, qualifying MJSA members who work along the Eastern Seaboard can take advantage of TD’s commercial lending arm (TD Bank N.A.) to simplify the leasing process.
  • Insurance Solutions: Jewelers Mutual Insurance Group. For more than a century, Jewelers Mutual has been the only insurer solely dedicated to serving the jewelry industry. It offers a range of coverage options for manufacturers, suppliers, custom jewelers, and designers, including Jewelers Block insurance and business owners policies. Their offerings range from custom policies for designers (starting at $500 annually) to a full review of a manufacturing operation. For many MJSA members, such consultations can lead to significant savings.
  • Trade Credit Insurance: One Source Risk Management & Funding. Over the past several years, as the jewelry industry has consolidated, many companies have seen their receivables become concentrated among a few core customers—a development that only increases their risk. To help mitigate that, MJSA has teamed up with One Source, the largest independent agent of the global insurer Euler Hermes. One Source offers MJSA members trade credit insurance from Euler and other firms to help protect their receivables in the event of defaults.

For a full list of providers, go to MJSA.org, or contact MJSA Customer Service Manager Betty Costa at 1-800-444-MJSA (6572), ext. 3050, betty.costa@mjsa.org.

To join MJSA and take advantage of this and other benefits, contact MJSA Sales Director Lucy Ferreira at 1-800-444-MJSA, ext. 3020, lucy.ferreira@mjsa.org.

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JA New York Announces Spring 2019 New Designer Gallery Designers

The program continues to foster emerging talent.

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(PRESS RELEASE) NEW YORK — JA New York announces the 8 designers participating in the spring, 2019 edition of the New Designer Gallery. Aimee Petkus, Julie Lamb, Linda Hoj, M. HISAE, Olivia B., Original Eve, Ravit Kaplan and S. Tree will be making their New York City fine jewelry trade show debut, March 10-12 at the Jacob Javits Center. Their work showcases a varied aesthetic that is certain to appeal to a wide range of retail partners.

“Supporting new designer talent is a primary tenet of the JA New York Show culture,” explains Drew Lawsky, show director for JA New York and PREMIER. “By offering these designers an opportunity to showcase their work in a turn-key booth that is supplemented by the show, as well as providing additional marketing support to highlight their participation, our hope is that we’re able to foster their on-going success.”

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The New Designer Gallery history dates back to 1977, when the then current director of the JA Show, Mort Abelson, saw a need to breath new life into his trade events and set out to find artists to showcase their work. With the introduction of the first New Designer Gallery, which included industry veterans such as David Yurman, the concept of “designer fine jewelry” was introduced into the marketplace. Today, JA New York continues to search the globe for designers in order to identify emerging artists and makers who can benefit from this opportunity.

“One of the highlights of curating this section each year is the sense of community that is created among the designers,” noted Liz Kantner, sales and designer consultant for JA New York Shows. “It’s so fun to be present while these lifelong friendships are being formed; the shared experience of taking the next step in their businesses together establishes a foundation that they continue to build upon for years.”

Designer Theresa Kaz, who formally launched her collection in the New Designer Gallery in Spring of 2018, reiterates this sentiment, “Every step forward in my business has been the direct result of a contact that originated while I was exhibiting in the New Designer Gallery. Friendships with other artists who continue to be instrumental to my business, connections with the media and, ultimately, relationships with stores, all began at the New Designer Gallery!”

The Mort Abelson New Designer of the Year will be presented this year on Monday, March 11 at 3:00pm. Anonymously voted on by a panel of experts, this year’s winner will join a prestigious alumnus of winners that includes Paul Morelli, Whitney Boin, George Sawyer, Eddie Sakamoto, Steven Kretchmer and Alex Sepkus.

For more information about the JA New York Show or the New Designer Gallery, or to obtain high-resolution images or press credentials, please contact Michelle Orman at (646) 302-5521 or via email at Michelle@LastWordComm.com

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