03.11.2019 Views

Jeweller - November 2019

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY<br />

NOVEMBER <strong>2019</strong><br />

VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY NOVEMBER <strong>2019</strong><br />

Fast fashion<br />

QUICK-MOVING FASHION JEWELLERY<br />

GIVES RETAILERS AN EDGE<br />

Whiten up<br />

+ +<br />

INSIDE THE DIVERSE CATEGORY<br />

OF WHITE METALS<br />

Boss of Basel<br />

MICHEL LORIS-MELIKOFF’S PLAN TO<br />

MAKE BASELWORLD GREAT AGAIN


Visit our website or call our Melbourne office for details:<br />

Room 405, 4th Floor, Wales Building, 227 Collins Street, Melbourne VIC 3000<br />

Ph: +61 (0) 3 9654 5200 / Interstate Orders 1300 843 141 E: sales@oagems.com www.oagems.com


• Genuine Argyle Authenticity cards<br />

• Argyle Origin Certificates<br />

• ADV Authenticity Cards<br />

• 9ct Gold Australian diamond jewellery<br />

• Lifetime Guarantee<br />

• Rare Argyle loose diamonds<br />

• Argyle Whites, Pinks, Cognac Colours<br />

• Complete Packaging and Stands


CONTENTS<br />

NOVEMBER <strong>2019</strong><br />

15/<br />

17/<br />

31/<br />

FEATURES<br />

REGULARS<br />

BUSINESS<br />

15/ EVERYTHING BASEL<br />

Face to face with the CEO of<br />

Baselworld, Michel Loris-Melikoff.<br />

17/ SHINING WHITE<br />

How jewellers can take advantage of<br />

white metals’ diverse properties.<br />

25/ AFTER A FASHION<br />

Dynamic, affordable and always on<br />

trend: why consumers – and retailers<br />

– love fashion jewellery.<br />

29/ INCLUSIVE RETAIL<br />

Retailers are missing out on sales to<br />

customers with disabilities.<br />

31/ TIME’S A-TICKING<br />

The Hong Kong Watch & Clock Fair<br />

defi es political upheaval.<br />

7/ Editorial<br />

8/ Upfront<br />

10/ News<br />

14/ New Products<br />

33/ Gems<br />

Garnet: gem of many colours – Part II<br />

41/ My Store<br />

42/ 10 Years Ago<br />

44/ My Bench<br />

46/ Soapbox<br />

David Hollanders says top-notch<br />

customer service is the only way to<br />

survive these challenging times.<br />

35/ Business feature<br />

Sue Barrett turns a critical eye on<br />

the myths that shape businesses<br />

– and society.<br />

37/ Selling<br />

Now’s the time to get your<br />

Christmas planning done, writes<br />

David Brown.<br />

38/ Management<br />

Effective leaders should consider<br />

being silent, says Mike Kotsis.<br />

39/ Marketing<br />

There’s more to marketing than<br />

advertising, writes Barry Urquhart.<br />

40/ Logged On<br />

Lilian Sue reveals how to make the<br />

most of Instagram’s video function.<br />

Front cover description:<br />

The Pink Kimberley Mer De<br />

Glace ring features a stunning<br />

marquise cut Australian Argyle<br />

pink diamond surrounded by<br />

a sea of marquise cut white<br />

diamonds, set in 18-carat rose<br />

and white gold.<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 5


Coeur de Lion are proudly celebrating 20 years<br />

of the GEOCUBE ® , the unique and instantly<br />

recognisable award winning design, handmade<br />

in Germany.<br />

The Coeur de Lion brand continues to grow in<br />

popularity worldwide with Retail Partners in over<br />

30 countries.<br />

Hear what some Coeur de Lion Retail Partners<br />

have to say...<br />

“What a wonderful brand to deal with.<br />

Every time I wear Coeur de Lion, it always attracts<br />

great compliments. I am excited to sell this beautiful<br />

range.<br />

On top of the gorgeous high-quality jewellery, the<br />

brand team are awesome. They are so helpful and<br />

responsive which is very important for a retailer as it<br />

means we can offer the best service to our customer.<br />

Overall, I love wearing Coeur de Lion; I love selling the<br />

range and love the team working behind the brand.<br />

There is nothing other than praise from me.“<br />

Ariel - Petersens <strong>Jeweller</strong>s - New Zealand<br />

“Evert Fine <strong>Jeweller</strong>y Cairns embraced the Coeur<br />

de Lion <strong>Jeweller</strong>y brand 3 years ago - it has been a<br />

wonderful addition to our store providing a colourful,<br />

stylish & affordable range of fashion jewellery.<br />

CDL’s appeal & suitability connects with a broad<br />

demographic of clientele with its wearability for<br />

any occasion & fashion choice. CDL’s style & quality<br />

sits well with our fine jewellery. We are excited to<br />

continue featuring exciting new season colours and<br />

designs.”<br />

Geraldine - Evert Fine <strong>Jeweller</strong>y - Australia<br />

“THE COEUR DE LION<br />

DISPLAY IN OUR WINDOW<br />

DRIVES AN AMAZING<br />

AMOUNT OF TRAFFIC<br />

INTO OUR STORE”<br />

Maria - Evert Fine <strong>Jeweller</strong>y<br />

Timesupply<br />

jewellery + watches<br />

p +61 (0)8 8221 5580<br />

sales@timesupply.com.au<br />

coeurdelionjewellery.com.au<br />

exclusive distributor AU & NZ


EDITORIAL<br />

NO SACRED COWS IN CHALLENGING TIMES<br />

I can’t recall a time of greater change in the<br />

jewellery industry. Nothing and nobody<br />

seems immune. A case in point: the recent<br />

news that one of the greatest names in<br />

jewellery history could change hands,<br />

with iconic US company Tiffany & Co. to<br />

become French if a takeover offer by LVMH<br />

is successful.<br />

I wonder what the New Yorkers will say about<br />

that, given that LVMH is the world’s largest<br />

luxury group with more than 75 different<br />

brands under its control. Europe’s richest<br />

man, LVMH CEO Bernard Arnault, made a<br />

$US14.5 billion offer for the 180 year old<br />

business. His personal fortune is reported<br />

to be close to $US100 billion.<br />

At the time of publication, the deal was still<br />

only a proposal – yet Tiffany & Co. shares<br />

soared 30 per cent when LVMH confirmed it<br />

was interested in the acquisition.<br />

While that’s going on, another jewellery giant<br />

is going through interesting times. Pandora’s<br />

share price continues to be all over the place.<br />

It surged in late August after CEO Alexander<br />

Lacik re-launched the brand in a huge Los<br />

Angeles event – but the stock is still nowhere<br />

near recent highs, with some speculating<br />

that the company could be privatised.<br />

Pandora’s woes are well documented.<br />

In July last year, when I published the editorial<br />

‘Pandora: The beginning of the end’, its<br />

shares were trading at around DKK418; at the<br />

time of this editorial’s publication, they had<br />

fallen to DKK320. Indeed, they were trading<br />

as low as DKK230 in June this year – which<br />

demonstrates why the brand needed to<br />

be re-launched.<br />

To be fair, at various times both Tiffany &<br />

Co. and Pandora have been unpopular<br />

among the investment community (as are all<br />

companies at one point or another) but many<br />

of Pandora’s problems have been self-inflicted,<br />

resulting in it falling out of favour with both<br />

consumers and retailers. Whether the brand<br />

can regain its once almighty standing in the<br />

marketplace is yet to be seen.<br />

While it’s important to note that each brand<br />

targets different markets, Tiffany and Pandora<br />

have vied for the mantle of the ‘world’s<br />

largest jewellery brand’ for many years. When<br />

measured by volume (jewellery items sold)<br />

Pandora wins hands down; if measured by<br />

market capitalisation, it fluctuates wildly.<br />

If measured by revenue, then the competition<br />

really becomes interesting – they are often<br />

neck-and-neck, at around $US4 billion.<br />

It should also be remembered that while<br />

many other jewellery and watch companies<br />

such as LVMH and Swatch Group have greater<br />

sales than Tiffany and Pandora, total revenue<br />

comes from multiple individual brands.<br />

Pandora and Tiffany are standalone brands.<br />

And on the topic of self-inflicted stuff-ups,<br />

Baselworld has done an equally good job as<br />

Pandora at shooting itself in the foot. Once<br />

the world’s largest jewellery event, organiser<br />

IF YOU’VE NEVER<br />

ATTENDED<br />

BASELWORLD,<br />

I HIGHLY<br />

RECOMMEND<br />

YOU DO –<br />

JEWELLERS<br />

SHOULD MAKE A<br />

PILGRIMAGE TO<br />

THE INDUSTRY’S<br />

MECCA AT LEAST<br />

ONCE IN THEIR<br />

LIFETIME<br />

MCH Group managed to ignore societal and<br />

industry changes going on around them to<br />

such an extent that Baselworld is a shadow<br />

of its former glory.<br />

Like Pandora, Baselworld’s woes have been<br />

covered extensively. Indeed, MCH Group is<br />

listed on the Swiss Stock Exchange and its<br />

share price lulls around CHF26. It has steadily<br />

declined from CHF66 in January last year to<br />

as low as CHF15.<br />

As my interview with CEO Michel Loris-<br />

Melikoff (page 15) indicates, Baselworld faces<br />

a number of challenges, including restoring<br />

exhibitor confidence in the show. Exhibitor<br />

numbers have fallen by more than 50 per cent<br />

– from 1,300 in 2017 to around 500 this year.<br />

However, Loris-Melikoff is confident that the<br />

show has turned the corner and it will move<br />

towards being recognised as the premiere<br />

jewellery event.<br />

I hope he’s right, because, as I have previously<br />

written, if you’ve never attended Baselworld,<br />

I highly recommend you do.<br />

Indeed, just like some religions, jewellers<br />

should make a pilgrimage to the industry’s<br />

Mecca at least once in their lifetime.<br />

Baselworld was once a sight to behold and,<br />

at the very least, it reminded you why this<br />

industry is so awe-inspiring. A return to that is<br />

much needed in these challenging times.<br />

Coleby Nicholson<br />

Managing Editor<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 7


UPFRONT<br />

BULLETIN BOARD<br />

■ SWALLOW YOUR PRIDE<br />

An American woman has accidentally<br />

swallowed her 2.4-carat diamond<br />

engagement ring – while fast asleep.<br />

The 29 year old dreamt she was being<br />

pursued by robbers so swallowed her<br />

ring to prevent it from being stolen. She<br />

woke up to fi nd the sparkler gone –<br />

and an endoscopy confi rmed she had<br />

indeed eaten it. Luckily, the ring was<br />

recovered naturally!<br />

■ ROYAL FLUSH<br />

An 18-carat gold toilet has been stolen<br />

from the UK’s Blenheim Palace. The<br />

fully functional lavatory, valued at £1<br />

million ($AU1.8 million), was part of an<br />

exhibition by conceptual artist Maurizio<br />

Cattelan. According to police, burglars<br />

broke into the palace at night, two days<br />

after the toilet was installed, and pulled<br />

it directly from its housing.<br />

■ SOFA, SO GOOD<br />

Talk about buried treasure! A Canadian<br />

woman has discovered a vintage Rolex<br />

Daytona 6241 valued at $CAD250,000<br />

($AU280,000) hidden inside her secondhand<br />

couch, which she’d purchased for<br />

$CAD25 ($AU28) at a charity store four<br />

years earlier. She has listed the watch for<br />

sale with an online dealer.<br />

TOPAZ<br />

NOVEMBER BIRTHSTONE:<br />

DID YOU KNOW?<br />

Topaz comes in a wide variety of colours,<br />

from blue to yellow, orange, pink, purple<br />

and brown, as well as colourless. However,<br />

originally the term was used to describe green<br />

gems. Because of its many hues, topaz has<br />

frequently been mislabelled as quartz, yellow<br />

sapphire, aquamarine, and more. The largest<br />

faceted stone in the world is a topaz: the<br />

31,000-carat El Dorado, found in Brazil in 1984.<br />

DIGITAL<br />

BRAINWAVE<br />

WHO SAID?<br />

“We observe that the popularity of<br />

white gold jewellery can be cyclic,<br />

sometimes trending for years – but<br />

then popularity will wane for a period,<br />

until the upwards trend repeats.”<br />

To fi nd out who, turn to page 17 »<br />

ALEXA ON YOUR FINGER<br />

Amazon now offers jewellery equipped with its Alexa<br />

voice assistant, best known for its use in smart home<br />

devices. The Echo Loop ring retails for $US129.99<br />

($AU193.09) and is made from black titanium and<br />

stainless steel, available in sizes small, medium, large<br />

and extra-large. The ring has speakers and a microphone installed, and connects to<br />

the Alexa smartphone app via Bluetooth; wearers can press its ‘action button’ to ask<br />

Alexa questions or give commands. The ring can also receive phone calls and vibrate<br />

when notifi cations are received.<br />

TOP PRODUCT<br />

Bi-coloured sapphires of this quality are<br />

uniquely Australian. They are increasingly<br />

recognised and desired for their natural rarity<br />

and because they cannot be synthesised. This<br />

delightful 4.43-carat trapezoid baguette particolour<br />

sapphire is from Coolamon Mining,<br />

who in the course of their sapphire mining<br />

operation are able to produce and supply<br />

these exquisite central Queensland gems.<br />

VOICE OF THE AUSTRALIAN<br />

JEWELLERY INDUSTRY<br />

jewellermagazine.com<br />

Publisher & Editor<br />

Coleby Nicholson<br />

Associate Publisher<br />

Angela Han<br />

angela.han@gunnamattamedia.com<br />

Assistant Editor<br />

Arabella Roden<br />

arabella.roden@jewellermagazine.com<br />

Accounts<br />

Paul Blewitt<br />

fi n a n c e @ g u n n a m a t t a m e d i a . c o m<br />

Subscriptions<br />

info@jewellermagazine.com<br />

<strong>Jeweller</strong> is published by:<br />

Gunnamatta Media Pty Ltd<br />

Locked Bag 26, South Melbourne,<br />

VIC 3205 AUSTRALIA<br />

ABN 64 930 790 434<br />

Phone: +61 3 9696 7200<br />

Fax: +61 3 9696 8313<br />

info@gunnamattamedia.com<br />

Copyright: All material appearing<br />

in <strong>Jeweller</strong> is subject to copyright.<br />

Reproduction in whole or in part is<br />

strictly forbidden without prior written<br />

consent of the publisher.<br />

Gunnamatta Media Pty Ltd strives to<br />

report accurately and fairly and it is<br />

our policy to correct signifi cant errors<br />

of fact and misleading statements in<br />

the next available issue. All statements<br />

made, although based on information<br />

believed to be reliable and accurate at<br />

the time, cannot be guaranteed and<br />

no fault or liability can be accepted<br />

for error or omission. Any comment<br />

relating to subjective opinions should<br />

be addressed to the editor.<br />

Advertising: The publisher reserves<br />

the right to omit or alter any<br />

advertisement to comply with<br />

Australian law and the advertiser<br />

agrees to indemnify the publisher for<br />

all damages or liabilities arising from<br />

the published material.<br />

8 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


NEWS<br />

NEWS<br />

Sydney diamond dealer faces court<br />

Former diamond dealer Haroutioun ‘Harry’<br />

Arakelian has appeared in a Sydney court<br />

charged with 21 counts of larceny, relating<br />

to $170,000 in missing diamonds.<br />

Warrants for Arakelian’s arrest had been<br />

active since 2002; it’s alleged he fled to New<br />

Zealand after police began an investigation<br />

into his business.<br />

The 52-year-old allegedly received stones<br />

valued at $170,000 on consignment but<br />

they were neither returned nor paid for.<br />

Before he could be charged, Arakelian<br />

moved to New Zealand. Police then issued<br />

the warrants in his absence before arresting<br />

him in Sydney’s Wentworth Point last week.<br />

According to Australian Government<br />

records, Haroutioun Arakelian previously<br />

traded under the business name Rubilit<br />

<strong>Jeweller</strong> from July 2000.<br />

His solicitor indicated he would enter a plea<br />

of not guilty.<br />

Arakelian was granted bail and his<br />

case was scheduled to return to court<br />

on 15 <strong>November</strong>.<br />

New CEO for natural diamond body<br />

After four years with the Diamond Producers<br />

Association (DPA), CEO Jean-Marc Lieberherr<br />

has announced he is stepping down at the<br />

end of this year.<br />

Lieberherr joined the DPA as chairman in<br />

December 2015, and was named CEO three<br />

years ago.<br />

The seven largest diamond-producing<br />

companies – De Beers, Alrosa, Rio Tinto,<br />

Dominion Diamond, Gem Diamonds, Lucara<br />

Diamond, Murowa Diamonds and Petra<br />

Diamonds – formed the DPA in order to<br />

jointly fund marketing and research projects<br />

that support the natural diamond industry.<br />

During his tenure, Lieberherr oversaw<br />

major initiatives including; commissioning<br />

the Trucost Total Clarity report into DPA<br />

members’ environmental, economic and<br />

social impacts, the Project Assure synthetic<br />

diamond detector tests, and the ‘Real is Rare’<br />

advertising campaign.<br />

In a statement announcing his departure<br />

from the organisation, Lieberherr said, “This<br />

is an emotional moment for me after four<br />

years of association with the DPA, but I am<br />

proud of what has been achieved since<br />

the DPA was created, and especially since it<br />

HAROUTIOUN ARAKELIAN. IMAGE CREDIT: NINE<br />

LEFT: DAVID KELLIE. RIGHT: JEAN-MARC LIEBERHERR<br />

received increased funding from June 2017.<br />

“The DPA now has strong teams and<br />

foundations in place to capture the<br />

opportunities that lie ahead and it is time<br />

for a new leader to take the organisation<br />

through its next phase of development.”<br />

Lieberherr was previously general manager<br />

of Rio Tinto Diamonds.<br />

David Kellie will replace him as DPA CEO.<br />

Kellie joins the DPA after two years as head<br />

of US marketing for Watches of Switzerland;<br />

previously, he held the title of corporate<br />

senior vice president, global marketing and<br />

advertising, at fashion house Ralph Lauren.<br />

IN BRIEF<br />

*<br />

LES GEORGETTES CLOSES OFFICE<br />

The Australian office of international<br />

jewellery brand Les Georgettes By Altesse<br />

is set to close. A source told <strong>Jeweller</strong> the<br />

news was “unexpected”. All future stock<br />

inquiries must be made through the head<br />

office based in Paris, France.<br />

*<br />

LARGE BLUE FOUND AT CULLINAN<br />

Petra Diamonds has unearthed an<br />

“exceptional” gem-quality 20.08-carat<br />

blue diamond at the famous Cullinan<br />

Mine in South Africa. It will be tendered<br />

in Johannesburg this month, with<br />

industry analysts predicting an auction<br />

price of $US10–15 million ($AU14.65–<br />

21.97 million). The estimate is based<br />

on prices received for the last two large<br />

blue diamonds auctioned by Petra in<br />

2013 and 2014.<br />

*<br />

OZ FACES DIAMOND-FREE FUTURE<br />

Following an ASIC investigation, the<br />

Federal Court of Australia has appointed<br />

liquidators to Merlin Diamonds Ltd, which<br />

owns one of Australia’s two operating<br />

diamond mines. If the Merlin Diamond<br />

Mine, located in the Northern Territory,<br />

closes as a result of the liquidation,<br />

Australia will be left with just one<br />

diamond mine, Rio Tinto’s Argyle site,<br />

which is scheduled to close in 2020.<br />

*<br />

LIGHTBOX ENTERS RETAIL<br />

De Beers has announced its synthetic<br />

diamond jewellery brand, Lightbox<br />

Jewelry, will soon be available at US<br />

retailers Bloomingdale’s and Reeds<br />

Jewelers. Previously, the range was<br />

only available to purchase through the<br />

Lightbox website and retail ‘pop-up’s,<br />

the most recent of which was held in<br />

September in Miami, Florida.<br />

*<br />

OMEGA EMBRACES RESALE<br />

Amid growing demand for second-hand<br />

luxury watches, Swiss manufacturer<br />

Omega has launched its own in-house<br />

authentication service. Owners of<br />

Omega watches that are more than<br />

30 years old will be able to obtain an<br />

official certificate of authenticity for a fee<br />

of CHF800 ($AU1,186).<br />

10 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


$1 million Argyle jewellery unveiled<br />

Mining company Rio Tinto has publicly<br />

revealed the ‘Argyle Dreaming’ jewellery set,<br />

designed by Australian jeweller John Calleija.<br />

The necklace and ring feature 673 pink, white,<br />

yellow, blue and champagne diamonds from<br />

the Argyle Mine in Western Australia, set in<br />

gold mined from the Rio Tinto’s Kennecott<br />

site in Utah, USA.<br />

The pieces are valued at $US1.1 million<br />

($AU1.63 million) and will be shown in<br />

New York and London, before returning to<br />

Australia where they will be displayed in<br />

the Calleija stores.<br />

Gold Coast-based Calleija called the project a<br />

“labour of love” and said the Kimberley region<br />

inspired his design. He added, “I am thrilled<br />

with the Argyle Dreaming necklace and ring.<br />

They are a permanent record of the most<br />

intriguing diamonds in the world.”<br />

The Argyle Mine is set to cease production in<br />

2020, with this year’s Argyle Tender closing<br />

last month. Arnaud Soirat, chief executive<br />

copper and diamonds Rio Tinto, told Reuters<br />

THE ARGYLE DREAMING NECKLACE AND RING.<br />

IMAGE CREDIT: RIO TINTO<br />

that two more Tenders could be held,<br />

depending on the mine’s output.<br />

Despite the mine coming to the end of its<br />

life, Soirat confi rmed Rio Tinto would<br />

maintain its other diamond investments,<br />

based in Canada: a 60 per cent stake in the<br />

Diavik Diamond Mine, and a joint venture<br />

with Star Diamond Corp.<br />

While yellow diamonds have been found at<br />

Diavik, no pink diamonds have as yet been<br />

unearthed there.<br />

FEATURING THE<br />

DELICATE PINK TONE OF<br />

ARGYLE PINK DIAMONDS<br />

Synthetics on agenda for Indian bourse?<br />

Bharat Diamond Bourse (BDB) has hinted<br />

that it may allow the trading of synthetic<br />

diamonds, following another successful<br />

edition of Bharat Diamond Week (BDW) on<br />

14–16 October.<br />

According to Indian media, the BDB will<br />

consider lifting its long ban on lab-grown<br />

diamonds after an all-trade body, the National<br />

Diamond Monitoring Committee, releases its<br />

upcoming report.<br />

Mehul Shah, vice president of the BDB, said,<br />

“BDB is not against lab-grown diamonds,<br />

however we need to protect our members<br />

and buyers coming to BDB so that they buy<br />

genuine products.”<br />

Shah explained that while synthetic and<br />

natural diamonds have many similar<br />

properties, as products they are “entirely<br />

different”, pointing specifi cally to the lack of<br />

re-sale value for synthetic diamonds.<br />

“The BDB remains a centre for natural<br />

diamonds and our 6,000 members deal<br />

in natural diamonds only,” he added.<br />

“There are approximately 100 who deal in<br />

lab-grown diamonds in Mumbai. BDB has<br />

power to penalise wrongdoers and has<br />

taken actions [in the past] including<br />

lifetime suspension.”<br />

Meanwhile, the latest BDW had an<br />

enthusiastic response from local and<br />

international visitors.<br />

Kevin Vantyghem, director of Canadabased<br />

Vantyghem Diamonds, was a fi rst<br />

time attendee at BDW and praised the<br />

organisation and location of the event,<br />

which was held within the Bharat Diamond<br />

Bourse itself.<br />

“The location was great,” Vantyghem said. “It<br />

was easy to connect with the exhibitors and<br />

they had their offices right there as well. This<br />

was key when looking for the goods I needed<br />

because it was all in one spot.<br />

“There are so many offices and available<br />

goods here that beat out many other<br />

diamond bourse centres.”<br />

While the cost of travelling to Mumbai was<br />

high, Vantyghem said the contacts and deals<br />

he established would produce short- and<br />

long-term benefi ts for his business. “I will<br />

defi nitely consider going back,” he added.<br />

SAMS GROUP<br />

AUSTRALIA<br />

E pink@samsgroup.com.au<br />

W samsgroup.com.au<br />

P 02 9290 2199


NEWS<br />

IN BRIEF<br />

*<br />

ALROSA DETECTOR PASSES TEST<br />

The Alrosa Diamond Inspector has been<br />

evaluated by the Diamond Producers’<br />

Association’s Project Assure. The portable<br />

machine tested 1,400 samples including<br />

natural and synthetic diamonds as well<br />

as diamond simulants. It referred 100 per<br />

cent of lab-grown diamonds for further<br />

testing and detected 100 per cent of<br />

simulants. It can test 24 stones per hour<br />

and be operated by a novice.<br />

*<br />

CIBJO RELEASES ETHICS REPORT<br />

Ahead of the CIBJO Congress in Bahrain<br />

this month, the organisation has released<br />

a report entitled Weaving It All Together<br />

written by CIBJO Ethics Commission<br />

president Tiffany Stevens. It details the<br />

current state of responsible jewellery<br />

and gemstone handling, compliance<br />

with international frameworks, advertising<br />

and disclosure standards, environmental<br />

and social impacts of the jewellery<br />

industry and technology, and is available<br />

to read online.<br />

*<br />

RECORD-BREAKING DIAMOND<br />

The world’s largest ever D-colour polished<br />

diamond has made its debut at the Dubai<br />

Diamond Conference. The Constellation<br />

1 weighs 313 carats and has been<br />

confirmed as the largest D-colour graded<br />

diamond on record at the GIA. It is one of<br />

a collection of eight stones cut from the<br />

813-carat Constellation rough, which was<br />

purchased for $US63.1 million ($AU92.4<br />

million) by Swiss jeweller de Grisogono<br />

and Dubai’s Nemesis International<br />

in 2016. Nemesis has indicated it will<br />

display the eight Constellation stones in a<br />

travelling roadshow.<br />

*<br />

PINK STONE WOWS HONG KONG<br />

A ring featuring a 10.65-carat fancy<br />

vivid purplish pink diamond sold for<br />

$HK155.8 million ($AU29 million) at<br />

Sotheby’s recent Magnificent Jewels<br />

and Jadeite auction in Hong Kong.<br />

The centre stone was set in 18-carat<br />

white and rose gold, with trapeze white<br />

diamond accents. It was the highestselling<br />

lot at the event and made up half<br />

the total sales amount.<br />

+ MORE BREAKING NEWS<br />

JEWELLERMAGAZINE.COM<br />

Shake up for the Swiss trade shows<br />

Both Baselworld and the Salon International<br />

de la Haute Horlogerie (SIHH) have<br />

announced major changes for the 2020<br />

editions, which will be held back to back from<br />

25 April to 5 May.<br />

Firstly, Baselworld management has changed<br />

the layout of Hall 1.0 for the 2020 event, in<br />

order to make the show floor’s central zone<br />

more affordable for exhibitors.<br />

Each structure in this area – which has been<br />

named the ‘community district’ – will house<br />

two to three brands, private conference<br />

rooms and customisable interiors.<br />

The plan has already succeeded in wooing<br />

back Maurice Lacroix, which quit the event in<br />

2018 but will exhibit in 2020.<br />

Next year’s Baselworld will also feature a<br />

‘Luxury Venture Day’ to assist and inspire<br />

luxury entrepreneurs.<br />

Additionally, Baselworld management has<br />

reached an agreement with the Basler<br />

Hotelier-Verein (Basel Hotel Association) for<br />

the creation of an ‘e-concierge’ service to<br />

be hosted on the Baselworld website. The<br />

service will allow hotels, flights, transfers and<br />

excursions to be booked from one portal.<br />

Meanwhile, SIHH has announced it will now<br />

be known as Watches & Wonders Geneva, to<br />

reflect its new mandate as both a trade and<br />

consumer show.<br />

The 2020 edition of the event – marking its<br />

30th anniversary – will be open to the public<br />

for all five days, instead of the one day it has<br />

been open in the past. Richard Mille and<br />

Audemars Piguet will not exhibit as a result of<br />

the announcement.<br />

And finally, both Baselworld and SIHH<br />

management have confirmed that the dates<br />

for the 2021 shows will be shifted three<br />

weeks earlier, as the April-May timeslot has<br />

proved unpopular with exhibitors.<br />

Turn to page 15 for an interview with Baselworld<br />

CEO Michel Loris-Melikoff.<br />

Bangkok gemstone congress a success<br />

This year’s International Colored Gemstone<br />

Association (ICA) Congress, held in Bangkok<br />

from 12–15 October, saw record attendance<br />

numbers, with 370 delegates from 26<br />

countries taking part.<br />

The event included panel discussions and<br />

presentations on responsible sourcing as well<br />

as the challenges faced by artisanal miners,<br />

who supply an estimated 80 per cent of the<br />

coloured gemstones on the market.<br />

Emerging technologies such as blockchain,<br />

consumer trends, and marketing for retailers<br />

were also addressed.<br />

Notably, a new member status, ‘Accredited<br />

Ethical Member’, was launched at the<br />

Congress.<br />

Santpal Sinchawla, ICA secretary and<br />

chairman of the steering committee for<br />

the Congress, said, “The 19th ICA Congress<br />

attracted leading speakers in the coloured<br />

BIG CHANGES ARE AFOOT IN BASEL AND GENEVA<br />

gemstone industry from around the world,<br />

including Sean Gilbertson, CEO of Gemfields<br />

– our anchor sponsor – and top executives<br />

from retailers Chow Tai Fook and Amazon,<br />

among many others.”<br />

Prida Tiasuwan, chairman of the Congress,<br />

added, “We are delighted to have seen the<br />

biggest ever participation by industry experts<br />

from around the world at this year’s Congress<br />

in Bangkok. The increasing diversity of the<br />

organisation is reflected in the largest ever<br />

presence of female delegates and speakers at<br />

this year’s event.”<br />

The ICA was founded in 1984 and currently<br />

has more than 700 members representing<br />

the jewellery supply chain from mine to<br />

market, as well as academia, museums and<br />

gemmological laboratories.<br />

Its purpose is to develop consistent business<br />

standards and improve the communication<br />

and trade of coloured gemstones worldwide.<br />

12 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


NEWS<br />

Colour diamonds found in Botswana<br />

Mining company Lucara has unearthed two<br />

gem-quality fancy colour diamonds at its<br />

Karowe mine in Botswana, including a pink<br />

stone – something unusual for the country.<br />

The new discoveries – a 9.74-carat blue and<br />

the 4.13-carat pink – come a few months<br />

after Lucara sold a 2.24-carat blue diamond<br />

from the same site for $US347,222 per carat.<br />

A 9.46-carat blue diamond, named the<br />

Aven Blue, was sold for $US477,000 per<br />

carat in 2012.<br />

The Karowe mine is known for producing<br />

exceptionally large white diamonds.<br />

The second- and third-largest diamonds ever<br />

recovered were mined there: the 1,758-carat<br />

Sewelô diamond – unearthed in April this<br />

year and characterised as being near-gem/<br />

variable quality – and the 1,109-carat Lesedi<br />

La Rona diamond, which was mined in 2015<br />

and sold to British jewellers Graff for $US53<br />

million two years later.<br />

Australian-led blockchain platform<br />

Everledger, a technology business founded<br />

by Australian entrepreneur Leanne Kemp,<br />

has upgraded its blockchain platform, which<br />

is designed to ensure transparency in the<br />

jewellery industry from mine to retailer.<br />

The service uses blockchain to create a secure<br />

record of where and by whom a diamond<br />

or gemstone has been handled, helping to<br />

create a clear supply chain that both retailers<br />

and consumers can access.<br />

“Everledger’s purpose is to contribute greater<br />

clarity and confidence in the marketplaces<br />

where increased transparency is essential,”<br />

Kemp said in a statement, adding, “We’ve<br />

pioneered this work for the diamond and<br />

gemstone industry.”<br />

The platform has already been embraced<br />

by the Gemological Association of America,<br />

Chow Tai Fook, the Singapore Diamond<br />

Investment Exchange and ethical jewellery<br />

company Brilliant Earth, as well as Indian<br />

manufacturers Dharmanandan Diamonds<br />

and Sheetal Group.<br />

In the coloured gemstone category, Moyo<br />

Gemstones and Gübelin Gem Lab recently<br />

used Everledger’s technology for the<br />

Provenance Proof initiative in Tanzania. The<br />

THE BLUE AND PINK KAROWE DIAMONDS.<br />

IMAGE CREDIT: LUCARA<br />

Eira Thomas, CEO Lucara, said in a statement,<br />

“Lucara is extremely pleased with the<br />

recovery of these rare, sizeable, fancy<br />

coloured diamonds, which have the<br />

potential to contribute meaningful value to<br />

our regular production of large, high value<br />

Type IIa diamonds.”<br />

In addition to Australia, Canada and<br />

Botswana, pink diamonds have also<br />

been found in Brazil, Russia, South Africa<br />

and Tanzania.<br />

EVERLEDGER HAS BEEN DEVELOPED FOR THE GEM<br />

AND JEWELLERY INDUSTRY<br />

pilot scheme is designed to protect artisanal<br />

miners, from whom 80 per cent of the<br />

world’s coloured gemstones are sourced,<br />

from exploitation.<br />

Earlier this year, Everledger helped create<br />

the ‘first blockchain engagement ring’ with<br />

London jewellers Taylor & Hart.<br />

Shortly after the platform upgrade was<br />

announced, Everledger closed a $US20<br />

million Series A funding round, lead by<br />

Chinese conglomerate Tencent.<br />

James Mitchell, chief strategy officer Tencent,<br />

said blockchain traceability was not only<br />

appealing to consumers, but also reduced<br />

risks for jewellery businesses.<br />

Diamond leaders<br />

conference held<br />

in Dubai<br />

International delegates gathered in Dubai<br />

for the annual World Federation of Diamond<br />

Bourses (WFDB) Presidents Meeting on<br />

24-25 September.<br />

As well as bringing together the WFDB and<br />

representatives of the International Diamond<br />

Manufacturers’ Association (IDMA), special<br />

panel presentations were given on synthetic<br />

diamonds and traceability in the natural<br />

diamond supply chain.<br />

Ernie Blom, president World Federation of<br />

Diamond Bourses, said ahead of the event,<br />

“The challenges that the industry is facing<br />

from a number of directions are without<br />

precedent. Our thousands of members<br />

across the globe expect us, as their elected<br />

leadership, to debate them and search for<br />

solutions that can take us forward.”<br />

Following on from the traceability panel,<br />

Blom confirmed that the WFDB would be<br />

contacting a shortlist of blockchain experts to<br />

assist in implementing the technology.<br />

At the Meeting, the Israel Diamond Exchange<br />

launched the third video, ‘Natural diamond<br />

one of a kind’, in its ongoing ‘We love<br />

natural diamonds’ campaign. It will now<br />

be disseminated by the 29 WFDB member<br />

bourses around the world.<br />

Another important announcement to come<br />

out of the Presidents Meeting was that a<br />

diamond bourse would be established in<br />

Luanda, the capital city of Angola.<br />

“The WFDB is ready to welcome a new<br />

diamond bourse and we are happy that this is<br />

being studied,” Blom said.<br />

The African nation has diamond reserves<br />

estimated at 180 million carats, giving Angola<br />

the potential to become the world’s number<br />

one diamond producing country.<br />

THE RIBBON-CUTTING CEREMONY AT THE MEETING<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 13


NEW PRODUCTS<br />

NEW PRODUCTS<br />

HERE, JEWELLER HAS COMPILED A SNAPSHOT OF THE LATEST PRODUCTS TO HIT THE MARKET.<br />

CUDWORTH 1918<br />

The Stainless Steel IP Gradient Stripe Plating<br />

Leather Bracelet is part of the new Cudworth<br />

Stainless Steel Collection. Available with<br />

matching Cufflinks, Tie Slide, Pendant and Ring.<br />

Visit: cudworthenterprises.com<br />

IKECHO<br />

AUSTRALIA<br />

These stud earrings are crafted from sterling silver<br />

plated with 18-carat red gold, featuring 11mm round<br />

pink Edison freshwater pearls. Visit: ikecho.com.au<br />

+ MORE NEW PRODUCTS<br />

JEWELLERMAGAZINE.COM<br />

FABULEUX<br />

VOUS<br />

Introducing the Demi<br />

collection from Fabuleux<br />

Vous. This necklace<br />

features two layered<br />

chains – one fi ne and one<br />

oval link – in silver. Visit:<br />

fabuleuxvous.com<br />

WORTH &<br />

DOUGLAS<br />

New coloured stone designs from Worth & Douglas<br />

are available in most alloys, with both precious and<br />

semi-precious stones. Visit: wdrings.com<br />

PINK<br />

KIMBERLEY<br />

An exquisite Art Decoinspired<br />

pendant featuring<br />

12 gorgeous Argyle pink<br />

diamonds set beautifully<br />

with fi ne baguette cut<br />

white diamonds and<br />

crafted in 18-carat<br />

rose and white gold.<br />

Visit: pinkkimberley.com.au<br />

THOMAS SABO<br />

The small, sparkling celestial bodies<br />

of this faceted cubic zirconia ring are<br />

inspired by the night sky and provide<br />

help in fi nding the right path.<br />

Visit: dgau.com.au<br />

GEORGINI<br />

The Emilio Silver & Gold<br />

Zion ring features a striking<br />

emerald cut centre stone.<br />

Perfectly set in high<br />

shine sterling silver and<br />

fi nished with a two-tone<br />

contrasting edge, it is<br />

the perfect ring to dress<br />

up any outfi t. Crafted in<br />

rhodium-plated 925 sterling<br />

silver and gold plating. Visit:<br />

westendcollection.com.au<br />

14 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


INTERVIEW<br />

Back to basics:<br />

Baselworld confronts home truths<br />

WITH THE WORLD’S FOREMOST LUXURY TRADE SHOW IN THE MIDST OF A WELL-<br />

PUBLICISED FALL FROM GRACE, COLEBY NICHOLSON CAUGHT-UP WITH BASELWORLD<br />

CEO MICHEL LORIS-MELIKOFF IN MUMBAI TO DISCUSS HIS VISION FOR THE FUTURE<br />

ichel Loris-Melikoff is not backwards in coming forwards. Indeed,<br />

as managing director of Baselword, he wears his heart on his sleeve<br />

when it comes to the problems facing the venerable watch and<br />

jewellery show.<br />

It’s a refreshing approach, although one wonders whether anyone could get away<br />

with offering anything other than brutal honesty: make no bones about it, MCH<br />

Group, Baselworld’s parent company, stuffed things up!<br />

Loris-Melikoff says it’s his job “to make Baselworld attractive again”, but in truth –<br />

to put a new twist on a well-known turn of phrase – he has to “make Baselworld<br />

great again”. Once the world’s premiere watch and jewellery trade show – an aweinspiring,<br />

must-attend event – Baselworld has fallen from grace, to the extent<br />

that its exhibitor numbers have dropped from 1,300 in 2016 to between 500<br />

and 600 this year.<br />

There’s little doubt that the difficult economic conditions in the jewellery, diamond<br />

and watch industries have contributed to Baselworld’s problems; however, much<br />

of the pain has been self-infl icted, and Loris-Melikoff does not shy away from that.<br />

He joined MCH Group in 2014 as director of third-party events and became<br />

managing director of MCH Beaulieu Lausanne SA in 2015. As a result, he had an<br />

internal view of the show’s problems.<br />

“When the board of directors asked me to manage Baselworld, the fi rst question<br />

I asked myself was: do I have enough passion for watches, jewellery and<br />

gemstones? Well, when it came to watches I knew, but I had absolutely<br />

no knowledge of jewellery and gemstones,” Loris-Melikoff reveals.<br />

Despite that fact, he accepted the position and started on 1 July 2018. After one<br />

week, he says, his outlook totally changed and he knew he had the passion for all<br />

products that would be exhibited at the show.<br />

His vision for how to turn the tide on Baselworld’s fortunes also began to take<br />

shape. He recalls: “The fi rst time I met the Baselworld team, I asked them, ‘Who pays<br />

your salary?’ Why did I ask that question? Well, [the answer is] it’s the exhibitors.<br />

“Baselworld is supposed to be an ecosystem of the whole industry, which comes<br />

together for different reasons. For some exhibitors it’s marketing, for others it’s<br />

communications, or sales and networking. All companies have different reasons<br />

why they exhibit.”<br />

He explains that in the past, the prior management concentrated on the needs<br />

of the big Geneva watch brands, but “when I started I knew we had to think<br />

about a new vision”.<br />

“My job is to improve the quality of Baselworld and if we do that correctly, then<br />

the market will decide which show becomes strong and successful or not,” Loris-<br />

Melikoff adds.<br />

He acknowledges that in the past, everything was done for the benefi t of<br />

Baselworld, and not for the exhibitors and visitors.<br />

IDENTIFYING THE PROBLEMS<br />

The cost to exhibit at Baselworld is not cheap, and many suppliers complained<br />

about the unnecessary on-costs forced upon them by MCH management for<br />

things that were not required. There was no escaping the expense.<br />

One example was the requirement to advertise in the Baselworld Brand Book, a<br />

whopping 5kg hardcover that few wanted and even less read. However, it was one<br />

of many costs that exhibitors had to bear – even if there was no benefi t.<br />

Loris-Melikoff acknowledged that the Brand Book was inappropriate, saying that<br />

when he fi rst attend Baselworld after joining MCH in 2014, he was handed the<br />

heavy book and didn’t know what to do with it.<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 15


INTERVIEW<br />

“This is the change of mindset and a personal issue to me: [previously] MCH<br />

organised Baselworld and if you wanted to be part of the show, you had to accept<br />

everything – take it or leave it. And when I started, my mindset was that we<br />

organise a show because the industry needs a show,” Loris-Melikoff explains.<br />

“The industry still needs an internal event where suppliers, retailers, journalists –<br />

everyone in the eco-system – can meet one time per year. MCH is also part of the<br />

eco-system so we need to create a platform from the industry for the industry. And<br />

that’s been my motivation and that’s why I had 800 meetings between my first day<br />

in the job to the closing press conference of this year’s show, to understand what<br />

the needs are and what has to be changed to make this platform more successful.”<br />

CHANGING PRIORITIES<br />

Loris-Melikoff says he analysed the needs of everyone by creating some simple<br />

spreadsheets for the different categories, from the watch brands to gem and<br />

jewellery suppliers, retailers and even what he calls the ‘connectors’ – journalists<br />

from traditional and digital media.<br />

What he found was that not only are the needs different across each category, the<br />

needs within each were not uniform: “The needs are different between the bigger<br />

and smaller companies in the same category, but they are even different between<br />

the big brands. Compare Rolex and LVMH; they have different needs to each other,<br />

it’s a totally different approach.”<br />

Identifying problems can be easy; rectifying them is not. And with the problems<br />

being in place for so long, coupled with a world that is very different to five years<br />

ago, let alone 10, what are Loris-Melikoff’s solutions and priorities?<br />

“In the past, Baselworld was a B2B platform and now we need to be also B2C,<br />

which, in our definition, is business-to-community. And in this community we<br />

have retailers, the producers [manufacturers], the brands, journalists and finally the<br />

consumer. But the main focus will remain B2B.”<br />

He says that 60 per cent of business is still done with traditional retailers “and in<br />

2020 we have to concentrate on the needs of the retailers”. A questionnaire was<br />

issued to exhibitors in August to help create a long-term strategy which Loris-<br />

Melikoff describes as “you spoke, we listened”.<br />

The focus will be on an event that is one-third watches, one-third jewellery and<br />

one-third diamonds and gemstones. Indeed, the gem sections will be relocated<br />

to Hall 2, the three-storey building that remained closed this year.<br />

Hall 2 will also include a new area called Innovation Square, which management<br />

describes as ‘a space for innovation and digital transformation’. Here, Baselworld’s<br />

first section devoted to smartwatches and wearable devices will be located. The<br />

gemstones section will move to the first floor while the national pavilions will fill<br />

the ground floor.<br />

The Incubator concept for start-ups and other smaller, lesser-known brands –<br />

which debuted this year in the watch section – will be expanded in future shows<br />

to the jewellery and gemstone areas.<br />

Exhibition Square, the very busy large area outside the entrances to Halls 1 and 2,<br />

will be ‘completely redesigned and interactive’ in time for 2020, and will include<br />

an event area.<br />

LOOKING TO THE FUTURE<br />

As previously reported by <strong>Jeweller</strong>, the layout of Hall 1.0 will also change for<br />

the 2020 event, in order to make the show floor’s central zone more affordable<br />

for exhibitors.<br />

Businesses will not have to construct their own expensive multi-level booths, as<br />

they have in the past. Instead, each structure in this area – which has been named<br />

the ‘community district’ – will house two to three brands, private conference rooms<br />

and customisable interiors.<br />

The plan has already succeeded in wooing back Maurice Lacroix, which quit the<br />

event in 2018 but will exhibit in 2020. And perhaps the most important change of<br />

all is that the cost of exhibition space will drop across the board.<br />

There’s no doubt that the high cost of exhibiting at Baselworld is a major reason for<br />

the exodus of 800–900 exhibitors over the past three years, and Loris-Melikoff has<br />

vowed “to reduce all costs that are in our power to reduce”.<br />

He points to statistics that show that floor (square metre) space represents about<br />

15 per cent of overall costs, with booth construction at around 55 per cent. The<br />

rest is made up of travel, hotels, marketing, staffing, entertainment and hospitality.<br />

MCH Group has listed other improvements needed to get Baselworld back to its<br />

former glory, however Loris-Melikoff stipulates, “Everyone would understand that<br />

we are not able to make all changes in one year. It’s simply not possible. In 2020,<br />

we will concentrate on three to four main changes.”<br />

Can he pull it off? Well, a cynic would suggest Baselworld’s fortunes couldn’t go<br />

much lower, so the only way is up. If the proof of the pudding is in the eating, then<br />

perhaps one important measure will be whether the behemoth Swatch Group<br />

likes the changes and eventually rejoins the show.<br />

Understandably, Loris-Melikoff is tired of questions about Swatch Group and says<br />

only its CEO Nick Hayek Jr can decide that outcome – but he believes that if he<br />

achieves his aims, it is highly possible.<br />

With Loris-Melikoff at the helm it appears the ship has changed course; the only<br />

question now: is it is headed home in the right direction?<br />

Only time will tell, but it looks like it’s ready for more passengers! i<br />

16 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


WHITE METALS<br />

Look<br />

ON THE<br />

white<br />

side<br />

PETER W BECK<br />

ARABELLA RODEN EXPLORES HOW<br />

GLOBAL MARKETS AND CONSUMER<br />

TRENDS HAVE IMPACTED THE<br />

DIVERSE AND COMPLEX CATEGORY<br />

OF WHITE METALS<br />

hite metal is one of the broadest categories in the jewellery<br />

market, comprising everything from the most precious and<br />

expensive – palladium, platinum and white gold – to affordable<br />

silver and stainless steel.<br />

Because of their varied characteristics and prices, white metals are critical to a<br />

jeweller’s success and can be used across the spectrum of jewellery products.<br />

From engagement and bridal to everyday wear, white metals offer the ability to<br />

cater to every customer’s budget and desired aesthetic.<br />

Creating elaborate and unique pieces for the top end of the market, jeweller<br />

Paul Amey says, “I personally have been a fan of white metal in creating two-tone<br />

articles; it adds colour, depth and definition to my work and it greatly enhances<br />

the beauty of the stones and pearls and other exotic materials I endeavour to use<br />

whenever possible.”<br />

Amey won the Precious Metal Award at this year’s <strong>Jeweller</strong>y Design Awards with<br />

Pink Mist, a bejewelled pen that shows the stunning potential of white metal by<br />

using platinum to complement 18-carat yellow gold, pink and white diamonds,<br />

and Keshi pearls.<br />

At the other end of the market, consumers and jewellers alike are becoming more<br />

enamoured with silver amid soaring gold prices, which recently reached a fiveyear<br />

high of $US1,546.10 ($AU2,266.65) per ounce in September.<br />

“Silver is a big category for us,” Pallion operations manager Chris Botha says. “It’s<br />

a significant part of our casting cycle and it does seem to be growing, which is<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 17


elated to the gold price. More people are now producing silver goods<br />

as gold goods have gone up significantly over the last year.”<br />

The high gold price is in contrast to the falling price of platinum, which<br />

presents another opportunity for jewellers.<br />

MOVEMENTS IN THE MARKET<br />

Having perhaps the most significant impact on white metals are<br />

commodity prices. In particular, the price of palladium – a key agent<br />

in creating white gold, aside from nickel – increased by more than 85<br />

per cent between August 2018 and March <strong>2019</strong>, from $US837.20 to<br />

$US1,560.40 per ounce.<br />

According to Forbes, palladium has been the best performing<br />

commodity for the past two years and its price per ounce overtook<br />

gold in January of this year for the first time since 2001.<br />

Such inflation is generally accepted to be because of restricted supply<br />

– three-quarters of all palladium is sourced from mines in just two<br />

countries, South Africa and Russia.<br />

There is also high demand for the metal in the automotive sector<br />

where palladium is a key component the manufacture of catalytic<br />

converters, which capture pollutants from engine exhaust fumes. As<br />

global emissions regulations tighten, more palladium is required.<br />

Morris & Watson operations manager Grant George says, “With the<br />

price of palladium so high, a lot of customers are more conscious<br />

THE FIVE-YEAR PRICE MOVEMENTS OF PALLADIUM. SOURCE: MARKET TRENDS<br />

FIVE-YEAR PRICE MOVEMENT COMPARISON OF GOLD (ORANGE) AND<br />

PLATINUM (BLUE). SOURCE: MARKET TRENDS


FOR ALL YOUR PRECIOUS METAL PRODUCTS & SERVICES<br />

For over 90 years, Morris and Watson has been supplying Australasia’s jewellers and<br />

precious metal dealers with quality products, excellent service and competitive prices.<br />

Try us today and see why we have been strong for so long.<br />

AUCKLAND | BRISBANE | SYDNEY | CHRISTCHURCH | GREYMOUTH | BANGKOK<br />

FREECALL AUSTRALIA 1800 469 088 • NEW ZEALAND 0800 500 654<br />

www.morrisandwatson.com


CASTINGS • MOULD-MAKING<br />

CAD/CAM • FINISHING • REFINING<br />

STONES & SILVER<br />

PETER W BECK<br />

Pure Casting from Concept to<br />

Completion providing premium<br />

quality castings /mould-making /<br />

CAD CAM and Finishing.<br />

Backed by many years of experience<br />

and the latest technology and<br />

equipment (including Envisiontec<br />

Resin Printing) we are able to<br />

supply specialised service to your<br />

business.<br />

Our skilled in house workshop now<br />

offer finishing services to ensure<br />

your custom makes are expertly and<br />

efficiently finished to exceed your<br />

customer’s expectations.<br />

“Ready to take your jewellery<br />

from Concept to Completion!”<br />

Did you know we can also do<br />

stock production runs?<br />

info@purecasting.com.au<br />

www.purecasting.com.au<br />

of the price of white gold that has been<br />

whitened with palladium.”<br />

Meanwhile, the high price of gold has been<br />

attributed to macroeconomic forces, namely<br />

global market and political instability, which<br />

make the metal attractive to investors as a<br />

store of value.<br />

For the jewellery industry, manufacturers and<br />

designers must consider whether shoppers<br />

will accept the higher price for white gold<br />

or embrace alternative white metals, even<br />

turning to cheaper alloys.<br />

Rapid Casting’s Ben Farago believes<br />

customers are seeking alternatives.<br />

“Over the last year we have seen a dramatic<br />

increase in the price of gold and palladium<br />

while the price of platinum has stayed fairly<br />

steady, if not dropped off a bit. Customers are<br />

turning to platinum more often.”<br />

Platinum has also been in higher demand<br />

at Pallion.<br />

“Gold has crept up over $US1,500 [per<br />

ounce],18-carat white gold is 75 per cent fi ne<br />

gold and 75 per cent of $US1,500 is $US1,125,”<br />

Botha explains.<br />

“With platinum, you can buy a 95-percent-pure<br />

metal for a cheaper price –<br />

approximately $US900 [per ounce] – so you<br />

can get a whiter metal that doesn’t need<br />

rhodium plating for a similar or even lower<br />

price than 18-carat white gold, which is an<br />

alloy and does need rhodium plating.”<br />

Yet George notes that white gold remains<br />

king in some sectors of the jewellery market.<br />

“Our premium 18-carat white gold, which<br />

contains a very high level of palladium and<br />

lower level of platinum, is still very popular for<br />

the high-end jewellers where the price is of<br />

little consequence,” George says.<br />

“In fact, it’s over 35 per cent higher than our<br />

platinum price, whereas a couple of years ago<br />

this trend would have been reversed. This<br />

alloy is very niche since it cannot be cast and<br />

only used for the handmade pieces.”<br />

Chemgold director Larry Sher says<br />

that 18-carat white gold is still his business’<br />

“most popular premium white metal”.<br />

Chemgold now offers three white gold<br />

alloys – one with 15 per cent palladium,<br />

one with 13.2 per cent and another with 10<br />

per cent, to give jewellers options based on<br />

their individual requirements and taking into<br />

account the current high price of fi ne gold<br />

and palladium.<br />

Steven Gades, production manager Pure<br />

Casting, has noticed increases in demand<br />

for platinum and its 18-carat White Gold<br />

Premium alloy and 14-carat white gold.<br />

Meanwhile, Peter Beck, managing director<br />

Peter W Beck, notes that the demand for<br />

white gold seems to be dependent on<br />

fashion trends – in contrast to perennial<br />

favourite yellow gold.<br />

“We observe that the popularity of white<br />

gold jewellery can be cyclic, sometimes<br />

trending for years – but then popularity<br />

will signifi cantly wane for a period until the<br />

upward trend repeats,” he says.<br />

“Some jewellery buyers will also select white<br />

gold because the cool-toned colour may<br />

blend better with their complexion than


M A K E T H E<br />

WHITE CHOICE<br />

warm yellow or rose gold.”<br />

Some jewellers choose gold that is<br />

whitened solely with nickel but this<br />

presents another potential pitfall.<br />

George points out that white gold<br />

jewellery without palladium will cost less;<br />

however, the metal will not have the same<br />

strength as a palladium alloy.<br />

The presence of nickel can also cause allergic reactions.<br />

“The Holy Grail in alloy research is to fi nd a cheaper<br />

non-toxic substitute for palladium as a whitener agent for white gold<br />

alloys,” George says.<br />

Sher advises jewellers to be mindful of the palladium content within<br />

certain 18-carat white gold alloys, noting that those with extremely<br />

low palladium content may result in an alloy that is not as white as<br />

their customer expected or not have the metal characteristics the<br />

jeweller requires.<br />

“Chemgold is 100 per cent transparent with the key fi ne metals that<br />

are contained in our alloys,” he says.<br />

Amey recalls that nickel-based white gold alloys were once<br />

the industry standard but this presented many challenges for<br />

manufacturing jewellers.<br />

“They were extremely difficult to use and the colour was less than<br />

satisfactory. White gold turns yellowish after the rhodium wears off,<br />

ARTISAN BESPOKE<br />

JEWELLERS, COURTESY<br />

MORRIS & WATSON<br />

PALLADIUM | PLATINUM | SILVER<br />

TITANIUM | WHITE GOLD | ZIRCONIUM<br />

PAUL AMEY<br />

WORTH & DOUGLAS<br />

PO Box 866, Tullamarine, VIC 3043<br />

(03) 9338 0091 / 1800 006 388<br />

sales@worthdouglas.com.au<br />

worthdouglas.com


CHEMGOLD<br />

RAPID CASTING<br />

greatly disappointing clients who don’t like leaving their rings for the<br />

time it takes to re-plate them – especially engagement rings,” he says.<br />

“With the fashion trend of white gold engagement rings re-emerging<br />

after a near 30-year absence, these problems have also re-emerged.”<br />

Beck adds that white gold was seen as the cheaper competitor for<br />

platinum when it entered the industry in the 1960s. Its lower price,<br />

fi xed to the Gold Standard, led to a boom in consumer demand.<br />

Today, platinum prices are “around 40 per cent less than gold,” Beck<br />

explains, leading to an increase in popularity for that reason.<br />

PLATINUM POTENTIAL<br />

Meanwhile, aside from its comparatively low price, platinum offers<br />

several signifi cant benefi ts for manufacturing jewellers.<br />

“In recent times platinum has become my preferred white metal; its<br />

exceptional working, fi nish and colour offers my clients an outstanding<br />

result and excellent value for money in the long term,” Amey says. “It<br />

eliminates a huge amount of maintenance and the wear-and-tear<br />

factor is far superior [to white gold].”<br />

Amey does admit that platinum “has its difficulties”, particularly due to<br />

its high melting point. Overall, the metal “requires a great deal more<br />

skill and artistry than gold”.<br />

To eliminate some of the difficulties in working with platinum,<br />

Chemgold has introduced a new alloy – PlatinumG – which Sher<br />

says has “outstanding workability, brilliant white colour and a higher<br />

precious metal content” that makes it ideal for soldering and welding<br />

and easier for setting.<br />

by<br />

Gades points to Pure Casting’s new 950 platinum alloy PlatinumOro,<br />

which he says has a Vickers hardness of 160.<br />

From a casting perspective, George says both platinum and palladium<br />

alloys present challenges.<br />

“With casting, due to the high temperatures involved, specialised<br />

investment and casting technologies are required. The casting trees<br />

are smaller and often the cast pieces require sprue adjustment and<br />

placement in order to achieve the optimum result,” he explains.<br />

Proudly distributed by<br />

“The higher cast charges deal with the inefficiencies and extra time<br />

to produce the perfect platinum/palladium casting. Although the<br />

white gold casting temperatures can be substantially higher than the<br />

yellow gold, the process and technologies are identical.”<br />

Botha, too, points out the added expense of platinum casting: “You use<br />

more expensive powders, more expensive casting equipment and the<br />

02 9417 0177 | www.dgau.com.au


WHITE METALS<br />

volume of tree material is a lot higher when you’re casting platinum. All that said,<br />

it’s still competitive with 18-carat white gold.”<br />

At Pure Casting, an Envision Tec Resin Printer is used to cast platinum and other<br />

metals. “Envision Tec resin printers are still considered market leaders in resin<br />

printers for print quality and castability,” Gades explains.<br />

When it comes to refi ning, George says further purifi cation steps are required in<br />

order to get consistent results, making the process longer and more expensive:<br />

“Due to the metallurgical nature and longer refi ning cycles for the platinum and<br />

palladium, the stock turnover is always slower and requires more skill, experience<br />

and different technologies than gold and silver refi ning.”<br />

Chemgold director Darren Sher reveals, “We are seeing an increase in the number<br />

of customers who request we XRF [x-ray fl uorescence analysis] their white gold to<br />

ensure the palladium content is as expected and on occasion have found it not to<br />

be the case.”<br />

In addition, both Darren Sher and George recommend jewellers keep different<br />

scrap and lemel separate – white gold, yellow gold and platinum – and to keep<br />

a record of the percentage of platinum or palladium in order to streamline the<br />

process and avoid extra charges.<br />

STABLE STEEL AND SILVER<br />

While the top end of the category has been sensitive to macroeconomic trends,<br />

silver and stainless steel have seen stable prices and steady demand.<br />

ELLANI COLLECTIONS<br />

STONES & SILVER<br />

This affordability makes these metals popular with retailers and consumers alike.<br />

Ellani Collections offers a large selection of silver and ion-plated steel jewellery.<br />

Managing director Paul Hicks says, “Using silver as the base metal as opposed to<br />

gold allows the price points to be in line with what consumers are prepared to pay,<br />

while larger, heavier designs are done in the steel to keep the price points down.<br />

“Meeting the consumer with a design at a price point that they are prepared to<br />

pay is the key to achieving a lot of turnover,” he continues. “Retailers that do the fast<br />

seller reports see very good stock turn.”<br />

Hicks adds that consumers have become far more aware and accepting of steel<br />

A RAINBOW OF COLOUR<br />

Guaranteed Natural<br />

Sapphires & Zircons<br />

From our Central Queensland mines to the market<br />

COMPREHENSIVE CALIBRATED INVENTORY<br />

EXCELLENT COLOUR MATCHING<br />

MIXED COLOUR SETS<br />

DISCOUNTS FOR BULK ORDERS<br />

SMALL ORDERS WELCOME<br />

07 4933 0151 • gems@coolamonsapphires.com


TREAT YOUR MAN<br />

THIS CHRISTMAS!<br />

WITH A RINGERS WESTERN<br />

OUTBACK WATCH FOR<br />

ONLY RRP $119 .00<br />

(normal RRP $169)<br />

CHEMGOLD<br />

ELLANI COLLECTIONS<br />

TOTAL VALUE<br />

RRP $203 .95<br />

And receive a<br />

Trucker hat for free<br />

VALUED AT RRP$34.95<br />

• 100m Water Resistant<br />

• Screw In Crown<br />

• Screw Down Back<br />

• Stainless Steel<br />

• Day / Date Indicator<br />

• Anti Smash Glass Protection bezel<br />

@RingersWestern<br />

www.RingersWestern.com<br />

@ringerswestern<br />

jewellery in recent years and increased<br />

demand is refl ected in sales.<br />

Cheryle Roberts, managing director Stones<br />

& Silver, points out that while price is a<br />

signifi cant factor in the demand for sterling<br />

silver jewellery, it’s not the only benefi t;<br />

consumers are also attracted to the aesthetic<br />

qualities and versatility of the metal.<br />

“Silver has a bright-white lustrous hue and has<br />

been valued as a precious metal since ancient<br />

times. The main benefi t is that it is highly<br />

fashionable and loved by all ages; it mixes<br />

well with beautiful coloured gemstones to<br />

create unique pieces,” she says.<br />

Indeed, fashion jewellery is a category in<br />

which sterling silver and stainless steel<br />

naturally shine.<br />

The low cost of production means that<br />

retailers can develop a more diverse offering<br />

and take advantage of fl eeting trends.<br />

“Retailers that stock a good selection of silver<br />

and steel jewellery are able to stock current,<br />

on-trend designs without a large expense,”<br />

Hicks says.<br />

He notes that this type of jewellery often<br />

attracts younger consumers with more<br />

disposable income, which opens the door to<br />

an ongoing retail relationship.<br />

“That consumer often matures and gets<br />

engaged, has anniversaries and special<br />

occasions that require more expensive<br />

jewellery to mark these sentimental<br />

milestones in their life and return to the<br />

retailer where they have developed a rapport.”<br />

Roberts notes that sterling silver jewellery is<br />

not limited to the fashion category and can<br />

become a treasured piece on its own merits.<br />

She reveals that Stones & Silver uses<br />

German-manufactured 93.5 per cent pure<br />

silver in its chain designs – 1 per cent more<br />

than standard sterling silver – as well as<br />

undergoing extra processing to give it a highshine,<br />

non-tarnish fi nish and extra durability.<br />

“With so much non-sterling silver on the<br />

market today, it is important for retailers to<br />

highlight and market their sterling silver<br />

jewellery,” Roberts adds.<br />

Several different alloys have been developed<br />

to overcome the metal’s challenges – tarnish<br />

and fi re-staining, also known as fi rescale<br />

– without losing what Amey calls “that<br />

magnifi cent silver white”.<br />

At Pallion, Botha says there are two main silver<br />

alloys used in casting: one using germanium<br />

and the other copper. “[Germanium-based<br />

silvers] have less issues with fi rescale.<br />

“Normal 92.5 per cent silvers with copper are<br />

traditional silvers, but there are various alloys<br />

available. I’d say on a purely weight basis of<br />

what we cast, it’s an even spread between the<br />

copper-based and germanium-based silvers.”<br />

Pure Casting’s Anti-Tarnish Silver (ATS) “has<br />

been a success” according to Gades, who<br />

adds that a new Anti-Tarnish alloy, Brite Silver,<br />

is currently in development. “Brite Silver is<br />

brighter in colour and longer lasting, as well<br />

as being slightly harder than standard sterling<br />

silver,” he explains.<br />

Meanwhile, Darren Sher notes that demand<br />

for Chemgold’s AGPD alloy – sterling silver<br />

with palladium – has been increasing. AGPD<br />

offers several advantages, according to Sher,<br />

who says it is high-strength, tarnish-resistant<br />

and fi re-stain free: “AGPD is fantastic for bench<br />

work and allows for a better fi nish that will<br />

last longer.”<br />

Indeed, marrying the most expensive of<br />

white metals with one of the cheapest sums<br />

up the incredible diversity and potential of<br />

the category itself. Today, jewellers have more<br />

choice than ever with metals and alloys to<br />

suit their every need. i<br />

E orders@samsgroup.com.au<br />

W samsgroup.com.au P 02 9290 2199


FASHION JEWELLERY<br />

Quick, smart:<br />

fast-moving<br />

fashion jewellery<br />

GONE ARE THE DAYS OF CLEAR<br />

DIVISION BETWEEN FINE JEWELLERY<br />

AND COSTUME JEWELLERY – TODAY,<br />

THE DYNAMIC CATEGORY OF<br />

FASHION JEWELLERY REFLECTS<br />

HOW CONSUMERS WANT TO SHOP,<br />

ARABELLA RODEN REPORTS<br />

COEUR DE LION<br />

n the past, jewellery could be neatly divided into two categories:<br />

costume jewellery and fi ne jewellery. The latter featured<br />

synthetic or simulant gems and diamonds set in base or plated<br />

metals, while the former combined solid, premium metals with<br />

mined, precious gemstones.<br />

Jump forward and the evolution of jewellery techniques has altered the<br />

market signifi cantly, as have the rapidly changing tastes, budgets and buying<br />

habits of consumers.<br />

Enter fashion jewellery.<br />

Like fashion apparel, fashion jewellery is fast moving and trend-led. It is not<br />

so much defi ned by the materials used in its manufacture but rather by the<br />

reason it is bought.<br />

Primarily, consumers purchase fashion jewellery to accessorise an outfi t,<br />

refl ect their personal identity and sense of style, emulate fashionable<br />

celebrities and social media personalities, and stay ‘on trend’ with peers.<br />

Unlike fi ne jewellery, consumers do not invest a large amount of time or<br />

money in the purchase; the most important factors here are aesthetic appeal,<br />

relevance to current fashions and styles, and how much a piece refl ects the<br />

buyer’s own tastes and emotions.<br />

“Nowadays there are so many customers looking for something different and<br />

more affordable with the opportunity to change their jewellery more often<br />

and select items to match certain outfi ts and events,” explains Rachael Abbott,<br />

manager of marketing and merchandise planning at Timesupply, which<br />

distributes Nomination, Coeur de Lion and Dansk Smykkekunst.<br />

“Although there will always be a place for traditional jewellery, our branded<br />

jewellery offers unique designs at price points that appeal to a wide audience.”<br />

Indeed, the fashion jewellery category cannot be explored without referring<br />

to one of its distinct advantages: price.<br />

Current economic conditions of stagnant wage growth, soaring house<br />

prices and the ongoing drought in NSW and Queensland have placed<br />

signifi cant downward pressure on discretionary spending, leading to fl at<br />

retail conditions.<br />

According to the latest Retail Forecasts report by Deloitte Access Economics,<br />

published in September, the annual rate of sales growth has steadily declined<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 25


FASHION JEWELLERY<br />

THOMAS SABO<br />

STOW LOCKETS<br />

FABULEUX VOUS<br />

since the beginning of 2018, and FY18-19 recorded the weakest result since the early<br />

1990s. At the same time, the report found that retail inflation is increasing at the<br />

fastest rate in a decade, meaning overall prices are higher.<br />

Fashion jewellery generally retails below $100 and rarely above $500, making it<br />

attractive to consumers with a limited budget.<br />

“Fashion jewellery is generally well-priced so if you get the mix right it is highly<br />

transactional – fast in and fast out,” Helen Thompson-Carter, director Fabuleux<br />

Vous, says.<br />

Yet the category defies being defined simply on price.<br />

A standard $89 bracelet from Pandora <strong>Jeweller</strong>y can hold between 17 and 22<br />

charms. Most charms are priced between $50 and $99, making the total value of<br />

a complete bracelet between $939 and $2,267; however, single charms are added<br />

over time, dividing the overall cost into manageable increments.<br />

Stow Lockets offers a similarly broad range, from its 15mm classic locket in<br />

sterling silver that retails at $NZ155 ($AU143.83) to a 28mm gold locket retailing at<br />

$NZ1,375 ($AU1,275.70). Its charms and earrings are generally priced below $NZ100<br />

($AU92.80).<br />

Louise Laing, founder Stow Lockets and Evolve Inspired <strong>Jeweller</strong>y, explains, “If you<br />

want customers to return, you need to offer quality fashion jewellery pieces that<br />

customers still consider precious keepsakes.”<br />

Indeed, success in the fashion jewellery category is less about price and more about<br />

developing a deep connection with and understanding of one’s customers – why<br />

they shop, what they find appealing and how they buy.<br />

As well as its quick turnover, versatility and affordability, fashion jewellery offers<br />

several other key benefits to retailers.<br />

A CONSTANT EVOLUTION<br />

Part of the appeal of fashion jewellery is its ever-changing nature. Curious<br />

and trend-orientated consumers from all demographics are drawn to<br />

new collections.<br />

This gives retailers an opportunity to regularly refresh their merchandising and<br />

marketing both in-store and online to attract shoppers.<br />

“Fashion jewellery brings consumers into the store as they want to see what’s the<br />

‘latest and greatest’,” Thompson-Carter explains. “Stores that carry a great range of<br />

fashion jewellery can also gain a reputation for being on trend and having the latest<br />

thing, and that’s very important in our industry.”<br />

Abbott agrees, advising retailers who stock fashion jewellery to “keep their range<br />

fresh, changing their display campaign regularly, altering stock layout and<br />

adding new collections to keep regular customers interested”.<br />

“Our ranges release new collections twice yearly to keep the brands up to date,<br />

in new fashion colours or styles,” she adds.<br />

Kagi’s Nick Hoogwerf believes rapidly-shifting trends keep the segment fun.<br />

“Fashion jewellery is such a popular category because it is ever changing; it will<br />

keep exciting both customers and sales staff,” he says.<br />

“It’s a must for retailers to carry range of products that can be sold to any<br />

customer within the first five minutes of walking in. Not all customers who visit<br />

your store are looking to invest in fine jewellery and fashion jewellery enables<br />

you to make a sale.”<br />

Hoogwerf continues: “Retailers benefit from a much higher stockturn than<br />

with fine jewellery and this ultimately means your store’s overall sales are more<br />

regular and sustainable.”<br />

The category also has the ability to inspire loyalty and repeat sales, not only<br />

through more affordable pricing but also through a key consumer trend:<br />

customisable and personalised jewellery.<br />

This has been a crucial element in Pandora <strong>Jeweller</strong>y’s repositioning strategy,<br />

known as ProgrammeNOW. The international jewellery company has<br />

specifically sought to re-emphasise the ‘collectability’ and customisable nature<br />

of its jewellery offering, centred on charms – returning to the cornerstone of its<br />

early success.<br />

Pandora’s new marketing material focuses on the concept of expressing<br />

personal interests, as well as the ability to personalise the way charms are worn<br />

on different base pieces such as brooches and pendant necklaces, as well as the<br />

classic bracelet.<br />

In another indication of the personalisation trend, Laing says engraving is<br />

making a “real resurgence”. Indeed, she stresses that ‘meaningful’ pieces are still<br />

extremely popular: “<strong>Jeweller</strong>y that tells a story and emotionally connects with<br />

the customer is where we have made our mark and continue to do so with<br />

both Stow Lockets and Evolve Inspired <strong>Jeweller</strong>y.”<br />

While branded jewellery takes up a large proportion of the fashion jewellery<br />

category, the products offered are far from generic. “Customers love something<br />

new and love to accessorise by wearing unique pieces,” Laing explains.<br />

Originality comes from the combinations consumers can make with their<br />

fashion jewellery.<br />

Nomination’s Composable links were recently relaunched with a bold new


NOMINATION<br />

marketing campaign focusing on their personalised designs,<br />

representing friends, love, animals, travel and family as well as hobbies<br />

and passions.<br />

“With personalised jewellery such as Nomination there are so many<br />

reasons for customers to return to purchase new links – a new baby,<br />

graduation, marriage, pet, travel, a significant birthday, the list is<br />

endless,” Abbott explains. “This type of jewellery brand is brilliant for<br />

encouraging repeat business.”<br />

Hoogwerf says the ability to mix and match different designs from<br />

different collections across the fashion jewellery category has proved<br />

very popular with consumers.<br />

“Fashion jewellery is affordable and accessible to all. Customers are<br />

able to build up a sizeable collection of Kagi and other brands and<br />

find enjoyment from layering and creating new looks from jewellery<br />

purchased over a number of years,” he says. “This is beneficial not just<br />

for the customer but also for the retailer too.”<br />

Abbott agrees that constantly changing fashion trends offer retailers<br />

What trends have you noticed<br />

in fashion jewellery?<br />

“Composable personalised jewellery and colour. And<br />

yellow gold is making a comeback.” – RACHAEL ABBOTT,<br />

TIMESUPPLY<br />

New collection “Gold Digger”<br />

available now<br />

“We have seen a shift from clip on, oversized pendants on<br />

necklaces to a significant focus on big, bold statement earrings.”<br />

– HELEN THOMPSON-CARTER, FABULEUX VOUS<br />

“Customisable, personalised jewellery is trending and<br />

engraving has made a real resurgence. Rose gold and silver<br />

have been strong but now we are seeing a shift towards yellow<br />

gold.”<br />

– LOUISE LAING, STOW LOCKETS AND EVOLVE<br />

INSPIRED JEWELLERY<br />

“Statement earrings in bold and bright hues, the layering<br />

of multiple necklaces and bracelets together, and also the<br />

continuation of the past year’s trend for clean, simple designs.”<br />

– NICK HOOGWERF, KAGI<br />

Proudly distributed by<br />

02 9417 0177 | www.dgau.com.au


ENGELSRUFER<br />

DANSK SMYKKEKUNST<br />

EVOLVE INSPIRED JEWELLERY<br />

ANIA HAIE<br />

Stow Lockets allows women to<br />

express their memories, dreams and<br />

accomplishments. Each locket can be<br />

stylised by adding meaningful charms,<br />

creating a personalised jewellery piece.<br />

sales@stowlockets.co.nz<br />

+64 7 281 1509<br />

stowlockets<br />

#preciousstories<br />

stowlockets.com<br />

Exclusive to fine jewellery stores in<br />

Australia and New Zealand.<br />

the ability to sell multiple pieces across<br />

collections.<br />

MASTERING THE MARKETING<br />

There’s always something new in the fashion<br />

jewellery category, which makes it a natural<br />

partner for social media. Digital channels can<br />

be used to communicate the latest trends as<br />

well as the products on offer in an engaging,<br />

visual and ‘always-on’ way.<br />

According to data from Roy Morgan, Instagram<br />

is the most popular social media channel<br />

for Australian Millennials and Gen Z, while<br />

Facebook is used by four in fi ve people in all<br />

four main demographics: Gen Z, Millennial,<br />

Gen X and Baby Boomer.<br />

Pinterest, meanwhile, offers the most<br />

shopping-engaged user base – split evenly<br />

over Millennials, Gen X and Baby Boomers.<br />

Worldwide, it is the number-one driver of<br />

website traffic among all social media apps.<br />

In designing a marketing strategy for fashion<br />

jewellery, Thompson-Carter advises retailers<br />

to “invest time in keeping up to date with<br />

what is on trend and then communicate<br />

that using your digital channels and social<br />

media. Let customers know you have the<br />

latest and greatest.”<br />

She adds, “While the price needs to be<br />

perceived as fair and reasonable, there’s a<br />

school of thought that many consumers<br />

are more focused on the ‘look’ and being<br />

on-trend versus price – that’s especially<br />

true for Millennials.”<br />

Meanwhile, Laing emphasises the benefi ts of<br />

stocking branded fashion jewellery. Indeed,<br />

jewellery brands with their own strong social<br />

media strategy can help retailers to crosspromote<br />

product through hashtags and<br />

provide material like high-quality images.<br />

When it comes to international brands,<br />

Abbott says social media marketing plays a<br />

critical role in making consumers aware that<br />

these products are available in Australia and<br />

New Zealand.<br />

“All of our brands carry European heritage,<br />

whether it is German, Danish or Italian, and<br />

all are well known and successful in not only<br />

Europe but also in the UK, USA and Asia,” she<br />

explains. “These are brands that have integrity<br />

and signifi cant credentials and have stood the<br />

test of time.”<br />

Ultimately, it’s important to communicate to<br />

consumers – and jewellery retailers – that the<br />

fashion category is not disposable.<br />

Instead, it offers the best of both worlds: pieces<br />

that are highly-wearable and on-trend yet<br />

long-lasting at an affordable price point that is<br />

accessible to all. i


INCLUSIVE RETAIL<br />

Promoting accessibility<br />

and inclusion for all<br />

THE BENEFITS FOR BUSINESSES THAT CATER TO CUSTOMERS WITH DISABILITIES ARE<br />

NUMEROUS. RHONDA GALLAGHER EXPLORES THE SIMPLE PROCESSES RETAILERS<br />

CAN INITIATE TO ADDRESS THE DIFFERENT NEEDS OF ALL SHOPPERS<br />

t is reported that more than four million people in Australia live with<br />

a disability and, collectively, they have more than $50 million to spend<br />

each year so it makes good business sense to ensure your store is<br />

accessible and inclusive.<br />

Disappointingly, one in three customers with a disability have walked away from<br />

using a business’s goods or services in the last 12 months when they felt the<br />

business wasn’t interested in accommodating their needs or didn’t value and<br />

respect them.<br />

Crucially, this type of customer is also twice as likely as others to discourage<br />

friends, family and carers from using a particular business. They’re also twice as<br />

likely to recommend businesses that do value them.<br />

Members of staff can often feel awkward or at a loss as to how to approach and<br />

interact with these customers. For example, they may not know that it is polite<br />

to make eye contact with and speak to a deaf customer directly, rather than to<br />

their sign-language interpreter.<br />

This can result in customers becoming frustrated or feeling disrespected,<br />

resulting in the sale being lost and the chances of repeat business disappearing.<br />

But creating a retail environment that serves customers with a disability is more<br />

than just a tool for increasing revenue; it’s an important part of driving change in<br />

the wider community by encouraging business owners and managers to think<br />

and act with purpose.<br />

Some of you will know me from my many years in the jewellery industry. Some<br />

of you will even be aware I am now basically deaf, while others will be surprised<br />

to learn of it. Those that were (blessedly) a part of my cochlear implant journey<br />

will have even phoned me on occasion to be greeted with, “Hang on while I put<br />

my ears on.”<br />

Was I born this way? No.<br />

Am I a different person? No.<br />

Do I do some things differently now? Yes.<br />

If you or a loved one woke up with a disability tomorrow, you, or they, would<br />

face a life filled with extra challenges. Would your business and its culture be one<br />

of those challenges?<br />

One in four people – that’s customers, colleagues and staff – have a disability<br />

and we need them to notice and talk about our businesses for the right reasons.<br />

‘Accessibility’ and ‘inclusion’ are more than buzzwords; they are terms that<br />

represent awareness and attitude and when these two are in place, we are<br />

getting it right.<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 29


INCLUSIVE RETAIL<br />

DISABILITY DEFINED<br />

Understanding disability is key to overcoming some of the fear and uncertainty<br />

when dealing with this customer group.<br />

Disability can originate in different ways; it can be congenital (from birth) or it<br />

may be caused by illness, accident, or age. There are many different types of<br />

disability – physical, cognitive, intellectual, sensory, visual and auditory. Some<br />

people have more than one.<br />

Disability can take many different forms; it may affect the way a person moves or<br />

communicates, the way they think, how they speak, hear or see. Disability may<br />

be visible or it may be hidden. It also may be permanent or temporary.<br />

Nothing we do, no assistive technology or intervention, will ever take away all<br />

the obstacles that living with a disability presents; however, there are some very<br />

simple things we can do that make a difference:<br />

Relax – many people worry about saying and doing the wrong thing and this<br />

leads to uneasiness or even avoidance of the disabled person. The result is that<br />

the customer feels excluded.<br />

Treat each person as an individual – show disabled customers the same<br />

respect and courtesy as you do everyone else. It’s also okay to use words<br />

like walking, running, seeing, looking or hearing in context. If you feel you’ve<br />

embarrassed them, simply apologise; if their overall feeling is one of respect,<br />

they will see the lighter side.<br />

Don’t assume – ask if you’re unsure about something. Speak directly to the<br />

customer even if they have an interpreter or carer with them. By the same token,<br />

give change and receipts to the customer and not to their companion/carer.<br />

Be considerate – it may take some customers extra time to do or say certain<br />

things. Don’t rush the customer and don’t finish their sentences for them. Always<br />

be prepared to interact with assistive technologies and try to avoid asking<br />

personal questions about their disability unless they mention it.<br />

CONSIDERING MOBILITY ISSUES<br />

When it comes to serving customers with restricted mobility, there are a few<br />

simple points of which to be mindful.<br />

Firstly, place goods within reach. Ideally, you would serve these customers at a<br />

desk rather than a high counter. Use a tray when offering items to people with<br />

restricted mobility, which enables them to take and handle the item in the<br />

easiest way for them. This is good practice anyway as it guards against damage if<br />

an item is dropped.<br />

Offer customers a seat if it’s needed and be mindful of boxes, displays and other<br />

obstacles that may obstruct the customer’s path within the shop.<br />

SERVING THE VISION-IMPAIRED<br />

If a customer with a vision-based disability wants you to guide them, offer your<br />

elbow and walk slightly in front of them, highlighting the layout as you go. Let<br />

them feel and touch the pieces, and describe each one to them, including the<br />

colour. <strong>Jeweller</strong>y that is tactile is often more interesting for these customers.<br />

Serving a vision-impaired customer is also a great opportunity to take advantage<br />

of technology. Most smart phones and tablets come equipped with assistive<br />

technology that will read Word and PDF documents aloud. Receipts, quotes and<br />

product details can be provided in this way.<br />

Finally, remember that they can’t see you pointing at items and, perhaps more<br />

importantly, never walk away without telling them you’re leaving!<br />

HELPING THE HEARING-IMPAIRED<br />

The first thing to note, when assisting a deaf or hearing-impaired customer, is<br />

peripheral sound. Ensure all background noise, such as music or sounds from the<br />

workshop, is turned down or off.<br />

Don’t stand in front of a window or bright light as this creates a shadow and makes<br />

it hard for them to lip read. Similarly, look directly at them and don’t cover your<br />

mouth, chew gum or turn away when you talk.<br />

Speak clearly, at a normal speed and with good volume but avoid shouting.<br />

If they are using a sign-language interpreter, focus on and talk to the customer, not<br />

the interpreter. Be prepared to use another way of communicating – again they<br />

may use assistive technology.<br />

When calling to follow up on an order, you can use the National Relay Service<br />

(NRS); it enables you to make calls to people who are deaf, hard of hearing or have<br />

a speech impediment.<br />

INCLUSIVE DESIGN<br />

Even if you can’t make your premises physically accessible to everyone, there are<br />

many simple and cost-effective alterations that can make your store inclusive and<br />

appealing to all:<br />

• If you have a step outside your retail space, look into the portable and<br />

collapsible ramp options that are available on the market. They will make your<br />

store appealing to wheelchair users and mobility-restricted customers.<br />

• Think about your doorway. If you have a controlled entrance to your jewellery<br />

store, is the button at a suitable height for people using wheelchairs?<br />

• Keep entrances free of clutter and ensure shop layouts enable a clear pathway.<br />

• Have a low counter area with space underneath for a wheelchair.<br />

• EFTPOS machines should be cordless with tactile buttons.<br />

• A portable or accessible mirror can come in handy.<br />

• Ensure the workshop can be closed off to minimise background noise.<br />

• Have an open dialogue with your staff. You will be surprised how many stories<br />

come out, both positive and negative, about their experiences with disabled<br />

customers. Find out what has been done right and expand on those practices.<br />

Use the bad examples to improve service.<br />

• One jewellery company in Australia ran a disability-awareness presentation at<br />

its national conference and has now included this as part of its staff-induction<br />

program. This should be the industry norm, rather than exceptional. Forced into<br />

disability awareness, my own team in Melbourne rose to the challenge – not just<br />

with me but also with all of our customers. We benefited from an extra level of<br />

satisfaction and rapport with the customers who really appreciated the effort.<br />

There will be times when things go wrong, when you are unsure of what to do<br />

and what to say. There is no one tool to cover each situation; however, there is one<br />

with which we are all equipped: it’s our attitude and we need to use it wisely.<br />

The right attitude says, “You are welcome”, no matter what. i<br />

RHONDA GALLAGHER has spent 20 years in the jewellery<br />

industry in both Australia and New Zealand. She is passionate<br />

about disability awareness and holds Diplomas in Gemmology<br />

and Community Services, as well as a Certificate in Diamond<br />

Grading. accessandinclusiontraining@gmail.com<br />

30 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


HONG KONG WATCH & CLOCK FAIR<br />

The Hong Kong Watch & Clock Fair<br />

flies above the turmoil<br />

AMID CONTINUED UNREST, BOTH DOMESTIC AND INTERNATIONAL, THE 38TH<br />

HONG KONG WATCH & CLOCK FAIR WAS PLACED IN A CHALLENGING POSITION.<br />

YET IT HAS PROVED REMARKABLY RESILIENT, WRITES MARTIN FOSTER<br />

he 38th Hong Kong Watch and Clock Fair (HKWCF) opened in<br />

early September against the background of Baselworld suffering<br />

exhibitor self-doubt and the lightweight Salon International de la Haute<br />

Horlogerie (SIHH) – now to be known as Watches & Wonders Geneva –<br />

show-pony prancing at its heels.<br />

Yet the divided agonies of the Swiss could not have been further from the<br />

minds of the Hong Kong exhibitors or their visitors. This was not so much<br />

born of indifference, but to the fact that Hong Kong is suffering its own<br />

regional troubles.<br />

Political protests began in March and April; by 9 June, hundreds of thousands<br />

of people were marching in the streets. The demonstrations continued right<br />

through until the opening of the HKWCF on 3 September.<br />

Despite all the circumstances, the fair soared above the unpredictability on the<br />

streets; personally, I saw no protestors on arrival or at my departure flight.<br />

The HKWCF is held in the Hong Kong Convention and Exhibition Centre on the<br />

edge of beautiful Victoria Harbour. And throughout the trade show, there was<br />

bling, dazzle and glitz aplenty.<br />

This 38th edition of the fair attracted 18,000 buyers from 104 countries and<br />

regions. There was growth in buyer attendance from emerging markets such as<br />

Brazil, Poland, Russia, Ukraine and Vietnam, along with established markets such<br />

as Belgium and Switzerland. The political tension between Beijing and Hong<br />

Kong is believed to be the cause of a fall in Chinese attendance.<br />

There were other global issues in play too, such as the China/USA trade fallout.<br />

However, Benjamin Chau, deputy executive director of the Hong Kong Trade &<br />

Development Council (HKTDC) which organises the HKWCF, said, “Despite the<br />

continuation of the Sino-US trade friction, global exhibitors and buyers still view<br />

Hong Kong Watch & Clock Fair as a premier one-stop trading platform.<br />

“The fair attracted various watch and clock brands, retailers and wholesalers such<br />

as Shiel’s from Australia, Chilli Beans from Brazil, Wenger’s of Canada, Germany’s<br />

Paul Valentine, Titan Group of India, Tous Watch from Spain, Iduna AB of Sweden,<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 31


The simplest time teaching<br />

system for children<br />

Be Smart | Be Cool<br />

12 months warranty<br />

Bright Colours • Interchangeable Straps<br />

Cool Designs • Perfect Gift Idea<br />

Their parents are<br />

your existing customers.<br />

EasyRead fashion watches feature a<br />

unique time teacher dial that children<br />

understand, with a step by step system<br />

they can easily remember.<br />

AWARD WINNING DESIGN<br />

Speak to Roger on 0418 970 214<br />

Switzerland’s West End Watch and Armitron<br />

from the United States.”<br />

Generous credit must go to the Hong Kong<br />

authorities, who maintained an official<br />

‘business as usual’ image.<br />

CONTINUED SUCCESS<br />

As the Swiss trade events have progressively<br />

unravelled, the Hong Kong fair has<br />

fl ourished – but the reasons are not clear-cut<br />

and resist lazy conclusions.<br />

For example, it may well be that the highly<br />

valued provenance for buyers of Swiss<br />

luxury watches has waned a little for the<br />

new-wealth buyers in Asian markets; this<br />

possibility is refl ected in the already reduced<br />

numbers of Asian exhibitors at Baselworld.<br />

But concomitantly, we now see more Swiss/<br />

European brands exhibiting in Hong Kong,<br />

and the given reason is the beckoning<br />

Chinese market.<br />

Perhaps here we need to clarify another<br />

widely held assumption that the Hong Kong<br />

fair is selling to the whole world. Without<br />

any doubt it most certainly is – but Chinese<br />

wealth, and China itself, are the primary<br />

targets of the 830 HKWCF exhibitors.<br />

There are, reportedly, around 4,500 shopping<br />

malls in China and another 7,000 are<br />

expected to open in the next seven years. To<br />

put that fi gure in context, the UK has 1,522,<br />

France 1,253, Italy 860, and Germany 794.<br />

The New South China Mall in Dongguan,<br />

situated in central Guangdong Province, is<br />

reputed to be the biggest in the world.<br />

These malls include luxury watches and<br />

jewellery at all levels. Thus, by any measure,<br />

the exhibitor’s temptations are compelling<br />

and the HKWCF provides the doorstep into<br />

that temptation.<br />

In terms of aesthetics and quality, Chinese<br />

watchmakers are strongly closing the<br />

gap with their Swiss counterparts. At the<br />

same time, the Swiss are recognising the<br />

broader opportunities of proximity to China<br />

– and the HKWCF is an ideal crossroads of<br />

these cultures.<br />

This was evident in the tools exhibitors;<br />

many of them were representatives of the<br />

European makers and had wide ranges of<br />

hand tools and parts from China.<br />

THE SHOW THAT HAS IT ALL<br />

In the halls of the fair can be found a full<br />

range of mechanicals, complications, quartz<br />

and smartwatches together with tools, parts,<br />

crystals, testing equipment, machinery,<br />

display stands, packing and presentation<br />

materials and all associated services.<br />

A special feature of the HKWCF is the<br />

small orders zone. This presents about 130<br />

showcases, targeting buyers seeking to<br />

place orders for 5-1,000 watches, clocks,<br />

leather straps, bracelets or accessories. Some<br />

of these products can be ordered as singles<br />

online or at the fair.<br />

Indeed, it is a one-stop sourcing platform<br />

for international buyers with prices ranging<br />

from $1 to well into the tens of thousands.<br />

At the <strong>2019</strong> edition, the fair’s Salon<br />

de TE featured about 140 upmarket<br />

brands and designer collections. These<br />

included 13 luxury Swiss/German brands<br />

from World Brand Piazza, along with<br />

traditional craftsmanship at the Swiss<br />

Independent Watchmaking Pavilion and<br />

the Académie Horlogère des Créateurs<br />

Indépendants (AHCI).<br />

Useful statistics were also provided, with the<br />

HKTDC commissioning independent market<br />

research in which 839 buyers and exhibitors<br />

were interviewed. The data showed that<br />

about 31 per cent rated smartwatches to<br />

be among the most popular categories for<br />

2020. For automatic watches, the fi gure<br />

was 22 per cent, followed by 18 per cent<br />

for digital analogue watches and 14 per<br />

cent for quartz analogue watches.<br />

The respondents were also asked which<br />

types of watches would be developed<br />

most in the coming year; the three most<br />

popular answers were watches connecting<br />

with smart devices, watches infl uenced by<br />

fashion trends, and mix-and-match watches<br />

with changeable features.<br />

The HKWCF will open its doors again on<br />

1–5 September 2020. i<br />

MARTIN FOSTER is a<br />

freelance journalist and<br />

<strong>Jeweller</strong>’s resident watch<br />

and timepiece ‘guru’. He is<br />

based in Sydney.<br />

info@easyreadtimeteacher.com<br />

www.easyreadtimeteacher.com


GEMS<br />

GARNET: GEM OF MANY COLOURS – PART II<br />

Andradite is the garnet member that gives<br />

a different colour palette. In this branch we<br />

find black garnet, called melanite, and yellow<br />

topazolite. Both are seldom cut as gems due<br />

to their small crystals.<br />

The standout in the andradite branch is<br />

vibrant green demantoid. With dispersion<br />

greater than diamond and a striking, vibrant<br />

rich green, demantoid is one of the most<br />

valuable garnets. Originally sourced from<br />

Russia, much of today’s demantoid comes<br />

from Namibia.<br />

Grossular garnet is found in a range of colours<br />

including yellow, grey, colourless and green –<br />

but rarely in red. Grossular gets its name from<br />

the Latin word for gooseberry, the light green<br />

variety being similar in colour to the fruit. You<br />

might have heard of hessonite garnet; this is a<br />

grossular garnet in shades of brownish yellow<br />

to brown red.<br />

In part two of the Garnet: Gem of Many<br />

Colours series, key members of the garnet<br />

family will be discussed, together with<br />

garnet history – in the jewellery sense<br />

– and garnet lore.<br />

Two garnet colours very familiar to the<br />

jewellery consumer are the dark red to<br />

purplish red of pyrope and the brownish red<br />

of almandine. Both garnet types have been<br />

used in jewellery for many centuries, pyrope<br />

being most prized due to its depth of rich<br />

colour. Pyrope features in many religious<br />

treasures from the Roman Catholic Church.<br />

Almandine is the most abundant member<br />

of the garnet family. It tends to be darker in<br />

colour, with deep red gems considered more<br />

valuable than the common brownish red.<br />

Historically, almandine was fashioned en<br />

cabochon with a hollowed back. This cut<br />

enabled light to penetrate into the gem,<br />

making its colour more appealing.<br />

Pyrope and almandine can be difficult to<br />

visually separate. Typically, almandine is<br />

darker in colour and slightly heavier.<br />

During the Victorian Era (1837-1901) pyrope<br />

garnet was a particularly popular gemstone.<br />

Originally called puropus (meaning fiery-eyed<br />

in ancient Greek), pyrope was favoured for<br />

its deep, bright red hue. Wealthy Victorian<br />

women wore ornate tiaras set with pyrope,<br />

diamonds and other gemstones.<br />

For more informal wear, intricate hair combs<br />

and other hair accessories, set with pyrope<br />

alone, were popular. Victorians sourced<br />

pyrope from the Kingdom of Bohemia, now<br />

the Czech Republic and it was typically<br />

fashioned as rose-cut or en cabochon.<br />

Spessartine garnet displays colours ranging<br />

from yellow and orange to rich orangey red.<br />

It is prized for its colour vibrancy and high<br />

dispersion. When faceted as a round brilliant,<br />

Spessartine ‘pops’ with colour and brilliance.<br />

THE MOST SOUGHT<br />

AFTER GROSSULAR<br />

GARNET IS THE<br />

RICH GREEN<br />

VARIETY CALLED<br />

TSAVORITE.<br />

ALMOST, BUT NOT<br />

QUITE EMERALD<br />

GREEN, TSAVORITE<br />

WAS DISCOVERED<br />

BY GEOLOGIST<br />

CAMPBELL<br />

BRIDGES IN<br />

TANZANIA IN 1967<br />

The most sought after grossular garnet is the<br />

rich green variety called tsavorite. Almost,<br />

but not quite emerald green, tsavorite was<br />

discovered by geologist Campbell Bridges in<br />

Tanzania in 1967. He found another source in<br />

1970, near Kenya’s Tsavo National Park. Bridges<br />

and former Tiffany & Co. president Henry B<br />

Platt named tsavorite after its Kenyan source.<br />

On first viewing the gem, Platt observed,<br />

“Tsavorite is everything a fine gemstone<br />

should be, and then some.’”<br />

Garnet is a gemstone of many colours. As well<br />

as the wide variety of hues available, its bright<br />

vitreous lustre, hardness and wearability make<br />

it an ideal gem choice. i<br />

SUSAN HARTWIG FGAA came late to the world<br />

of gemmology after a long career in corporate<br />

training and project management. She<br />

combines her love for writing with a passion<br />

for gems and jewellery. Susan writes regularly<br />

for her gemmology blog ellysiagems.com. For<br />

more information on gemmology courses and<br />

gemstones, visit: gem.org.au<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 33


Completing my Diploma in<br />

Gemmology has benefited<br />

me as a jeweller in more<br />

ways than I ever expected.<br />

I have always had an interest<br />

in gemstones and found<br />

the course was not only<br />

informative and challenging<br />

but immensely rewarding.<br />

Studying with the GAA has also<br />

allowed me to meet like-minded<br />

people from many facets of the<br />

jewellery industry and grants me access<br />

to resources that I will continue to use<br />

throughout my professional career.<br />

Emma Meakes FGAA<br />

<strong>Jeweller</strong>, John Miller Design - WA<br />

Diploma in<br />

Gemmology<br />

Enrolments now open<br />

For more information<br />

1300 436 338<br />

learn@gem.org.au<br />

www.gem.org.au<br />

Be<br />

Brilliant<br />

Gem-Ed Australia<br />

ADELAIDE BRISBANE HOBART MELBOURNE PERTH SYDNEY<br />

Passionately educating the industry, gem enthusiasts<br />

and consumers about gemstones


BUSINESS<br />

BUSTING THE MYTHS THAT HOLD US BACK<br />

In a world facing societal and systemic<br />

change, everyone should reorient<br />

their thinking towards the pursuit<br />

of the common good. SUE BARRETT<br />

presents a philosophical approach to<br />

business management.<br />

Consider these two questions: How much<br />

of your success is solely because of your<br />

own efforts and how much is because of<br />

the success of your community, where you<br />

were born, your family, what school you<br />

attended, your private and public networks,<br />

the government support you receive, the<br />

infrastructure available to you and the era in<br />

which you live?<br />

It’s impossible to give definitive answers to<br />

these questions; however, you’re probably<br />

aware that much of our individual success<br />

rests on the shoulders of others and the<br />

common good upon which we find<br />

ourselves relying each day.<br />

This perspective – the ‘common good’<br />

perspective – has been drowned out in<br />

favour of hyper individualism in mainstream<br />

society and media over the last 30 to<br />

40 years, yet it is now making a major<br />

comeback. This comeback is due to the<br />

overwhelming societal and systemic<br />

challenges we are now facing in our<br />

economies, environment and societies.<br />

Coming together and working for the<br />

common good is the only way we can<br />

navigate our way forward to a better future.<br />

To do this, we need to address some of the<br />

prevailing myths of the last few decades<br />

that may impede our progress; it is these<br />

myths and deep-rooted beliefs that keep us<br />

from moving forward and finding common<br />

ground for the common good.<br />

THE CORE PRINCIPLES<br />

A key element in the search for common<br />

ground is recognising that no-one is an<br />

island – we all depend on each other for our<br />

survival, one way or another.<br />

Here are some of prevailing myths versus<br />

the reality:<br />

The self-made person – the ‘overnight<br />

sensation’, the ‘self-made millionaire’, the<br />

‘sales superstar’ and the ‘start-up wonder<br />

NO-ONE ACHIEVES<br />

SUCCESS ENTIRELY<br />

ON THEIR OWN...<br />

WITHOUT<br />

CUSTOMERS,<br />

MEMBERS,<br />

PATRONS, FANS,<br />

OR FOLLOWERS –<br />

CALL THEM WHAT<br />

YOU WILL – THE<br />

VERY EXISTENCE<br />

OF THESE SELF-<br />

MADE PEOPLE<br />

WOULD NOT<br />

HAVE BEEN ABLE<br />

TO HAPPEN<br />

kid’ could never have achieved their fame<br />

and fortunes without relying on the human<br />

networks that enabled them to take<br />

advantage of opportunities that eventuated.<br />

That’s not to take anything away from the<br />

innovations or insights they developed,<br />

however, these people can only ‘make it’<br />

because they can draw upon the support<br />

and goodwill of others.<br />

That includes all the infrastructure that has<br />

been put in place for the common good to<br />

flourish, like roads, hospitals and healthcare,<br />

schools, utility services (water, power,<br />

sewage), a justice system and so much more.<br />

All this infrastructure enables people to<br />

pursue their business dreams.<br />

No-one achieves success entirely on their<br />

own and claiming such is a falsehood.<br />

Without customers, members, patrons, fans,<br />

or followers – call them what you will – the<br />

very existence of these self-made people<br />

would not have been able to happen.<br />

Now, there’s nothing wrong with taking a<br />

proactive approach to promoting and selling<br />

our ideas and services to relevant target<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 35


BUSINESS<br />

markets, but one must recognise the roles of<br />

others in one’s own success.<br />

Individual resilience is key – the self-help<br />

industry constantly promotes the power<br />

of the individual as the centre for all truth,<br />

resilience and self-determination.<br />

What’s often forgotten is that it’s the power<br />

of the environment in which people find<br />

themselves and also, more often than<br />

not, the kindness of strangers that creates<br />

the conditions in which our own true self,<br />

our resilience and self-determination can<br />

flourish – or not.<br />

Research has revealed that it is more<br />

important to have a resilient environment<br />

than to be internally resilient. A resilient<br />

environment means having access to<br />

resources and help from family, friends, work<br />

colleagues, the wider community<br />

and government.<br />

This collective approach becomes even<br />

more special if we acknowledge our<br />

environment and our acceptance of help<br />

from a place of gratitude – which leads on<br />

to the next myth.<br />

Gratitude is not important – in my book<br />

142 Days Of Gratitude That Changed My<br />

Life Forever, I write about how gratitude<br />

binds people together in relationships of<br />

reciprocity and is one of the building blocks<br />

of a civil and humane society.<br />

The world’s leading gratitude researcher<br />

Prof Robert Emmons says, “Gratitude is a<br />

social emotion. I see it as a relationshipstrengthening<br />

emotion because it requires<br />

us to see how we’ve been supported and<br />

affirmed by other people.”<br />

Emmons explains gratitude as a two-step<br />

process, where we affirm goodness and<br />

then recognise the source of the goodness:<br />

“We acknowledge that other people – or<br />

even higher powers, if you’re spiritual – gave<br />

us many gifts, big and small, to help us<br />

achieve the goodness in our lives.”<br />

He is not the first to ascribe such lofty<br />

qualities to gratitude. Ideas about its<br />

importance as a moral force for good can be<br />

discerned at least as far back as the Roman<br />

statesman and philosopher Cicero, who<br />

called gratitude “not only the greatest, but...<br />

also the parent of all the other virtues”.<br />

A profitable business can’t be ethical – the<br />

hugely-influential management consultant<br />

Peter Drucker once said, “The purpose of<br />

business is not to make profit but to satisfy<br />

the needs and expectations of customers.<br />

The consequence of satisfied customers is<br />

incremental profit.”<br />

Many businesses have strayed from this<br />

ethos into the ‘greed is good’, ‘whatever<br />

it takes’, ‘winner takes all’ and ‘anything<br />

goes’ cultures.<br />

This inevitably leads to short-term vision<br />

and a race-to-the-bottom mentality, which<br />

only serves those who are quick enough<br />

to reap the profits and even quicker to<br />

abandon the market when it turns to tears.<br />

This approach actually abuses the common<br />

good as it leaves those who remain in the<br />

industry to pick up the pieces.<br />

Yet there are changes afoot – there are<br />

proven models that show how businesses<br />

can be extremely successful and ethical at<br />

the same time.<br />

Running an ethical business, including<br />

ethical procurement and sales practices,<br />

is one of the best things to do for the<br />

common good. Prosperous ethical<br />

businesses create jobs, transform and<br />

restore communities, and contribute to<br />

social wellbeing in ways that are beyond the<br />

bottom line.<br />

The success of companies like Patagonia,<br />

Atlassian and Australian Ethical are good<br />

examples of how these strategies can be<br />

put into practice.<br />

Prosperity can only be measured by GDP –<br />

traditionally, the flow of goods and money<br />

is measured as GDP; however, this is a<br />

linear approach.<br />

This economic thinking does not take into<br />

account the complex system of humanity<br />

– the collaborative commons or the<br />

common good – and the essentials of life.<br />

With more than 60 years of traditional<br />

economic growth now floundering,<br />

economists and others are rethinking how<br />

we can progress.<br />

Kate Raworth, of Doughnut Economics<br />

fame, asks us to consider: what if economics<br />

didn’t start with money but instead with<br />

human wellbeing?<br />

HUMAN<br />

BEINGS HAVE<br />

DEMONSTRATED<br />

TIME AND TIME<br />

AGAIN THEIR<br />

INGENUITY. WE<br />

HAVE AMAZING<br />

TALENT TO<br />

DEAL WITH<br />

CHALLENGES<br />

AND CREATE NEW<br />

IDEAS, SERVICES<br />

AND SYSTEMS<br />

TO OVERCOME<br />

ADVERSITY<br />

Raworth challenges us to rethink our ideas<br />

of progress. She asks us to consider what<br />

progress truly looks like: where the balance<br />

between using our resources and protecting<br />

life is an interconnected support system.<br />

What would we do if we focused on the<br />

common good in our daily decision-making<br />

processes? What if every government<br />

focused on the common good when it came<br />

to policy and negotiation?<br />

Based on the current degradation of the<br />

world’s resources, we need an economic<br />

model that serves the common good.<br />

I liken the common good to the core<br />

operating system keeping us alive and<br />

flourishing, as if we were all living on a<br />

spaceship and had to keep ourselves alive for<br />

years without access to any outside means.<br />

That’s because that is what our world is –<br />

one giant spaceship with limited resources,<br />

powered by the Sun.<br />

RETHINKING OUR APPROACH<br />

Moving away from these myths will help us<br />

understand how people in sales, business,<br />

families and communities can contribute to<br />

a better future by finding common ground<br />

for the common good.<br />

Human beings have demonstrated time<br />

and time again their ingenuity. We have<br />

amazing talent to deal with challenges and<br />

create new ideas, services and systems to<br />

overcome adversity.<br />

There’s a world of opportunity to re-think<br />

and re-design the way we see ourselves, the<br />

way we live and the way we produce and<br />

consume. Instead of constant competition,<br />

let’s emphasise harmony and collaboration.<br />

Instead of playing up profit at the expense of<br />

everything else and the differences between<br />

ourselves, let’s find common ground. We can<br />

utilise those qualities and interests that draw<br />

us together and unite in a shared goal.<br />

Working together is so much more powerful<br />

than going it alone. i<br />

SUE BARRETT is founder<br />

and managing director of<br />

sales advisory, consulting<br />

and education firm Barrett.<br />

barrett.com.au<br />

36 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


SELLING<br />

GETTING ON TRACK FOR THE CHRISTMAS RUSH<br />

RETAILERS SHOULD HAVE ALREADY STARTED PREPARING FOR CHRISTMAS, THE YEAR’S BUSIEST BUYING PERIOD. DAVID BROWN<br />

SHARES HIS ESSENTIAL STEPS TO TAKE BEFORE THE HOLIDAY SEASON BEGINS TO SET YOUR BUSINESS UP FOR SUCCESS.<br />

The busiest time of year is coming and<br />

retailers and their staff will soon feel the<br />

excitement of the festive season and the<br />

bigger sales it can deliver.<br />

However, it’s common to also feel<br />

overwhelmed at Christmas; resources are<br />

always stretched, staffing is at full capacity and<br />

investment in stock is at an all-time high.<br />

December is a time to focus on driving sales<br />

as it should be the most profitable month<br />

of the year. What retailers do now will set<br />

themselves up for Christmas success.<br />

SORT ROSTERS NOW<br />

Chances are your store trading hours will<br />

increase at this time of year. Don’t wait<br />

until December to sort out your staffing<br />

requirements. Ensure you have prepared the<br />

roster well in advance and everyone knows<br />

which days they will be required to work so<br />

that they can plan accordingly.<br />

It’s crucial to also have contingencies in place<br />

for unexpected illnesses and to make sure<br />

everyone gets some time off in order to stay<br />

fresh for the workload Christmas brings.<br />

IDENTIFY FAST-SELLERS<br />

The 80/20 rule – also known as the Pareto<br />

Principle – is never more alive than in<br />

December. As a refresher, this rule is that 20<br />

per cent of your inventory generates 80 per<br />

cent of your revenue.<br />

For that reason, now is the time to make sure<br />

best sellers don’t run out. Print a list of fast<br />

sellers by department and determine which<br />

items are likely to sell in larger quantities in<br />

December. Make sure you have enough to get<br />

you through.<br />

SET STAFF INCENTIVES<br />

The holiday period is the time when you<br />

need your salespeople to be at their most<br />

motivated. Determine your target for the<br />

month and offer team and individual<br />

incentives – you could run a reward for the<br />

highest sale of the day, for example.<br />

IF YOU HAVE<br />

A GOOD<br />

CUSTOMER LIST<br />

OR DATABASE, IT’S<br />

TIME TO BEGIN<br />

CONTACTING<br />

THEM. MOST<br />

PEOPLE WILL<br />

NEED AT LEAST<br />

ONE GIFT; DON’T<br />

LEAVE IT UP<br />

TO CHANCE<br />

THAT THEY WILL<br />

VISIT YOU<br />

GET YOUR CHRISTMAS STRATEGY IN PLACE NOW<br />

Motivated staff are less likely to take absences<br />

and will work harder when it counts. They<br />

also offer better customer service.<br />

PLAN YOUR MARKETING<br />

Which evening events will you be running<br />

approaching Christmas? What promotional<br />

material will you be producing? What<br />

channels will you use to communicate these<br />

and to whom? Will promotions go directly to<br />

customers or to the public at large? Will there<br />

be a gift with purchase or perhaps a discount<br />

for buying add-on items?<br />

These are all questions that can make or<br />

break your selling season.<br />

LIGHTS, LIGHTS, LIGHTS<br />

It’s the little things that count. Replacing<br />

lightbulbs whether they’ve gone out or<br />

not can make a huge difference to how<br />

diamonds sparkle in store.<br />

Likewise, make sure all display cases are clean,<br />

all price tickets are fresh and all windows<br />

are themed appropriately with a mix of best<br />

sellers and prestige items. In short, ensure the<br />

store looks ready for business.<br />

INVEST IN STAFF TRAINING<br />

A quick refresher in sales techniques for<br />

your staff can pay big dividends during<br />

December but you won’t have time once the<br />

month begins. Implement a series of training<br />

sessions in the lead-up months to get your<br />

staff operating at their most effective.<br />

REPLENISH CONSUMABLES<br />

Once again, it’s the small things that can<br />

cause the biggest problems. Make sure<br />

you have plenty of wrapping paper, boxes,<br />

ribbons and other consumables that you’ll<br />

need. Nothing is worse than the EFTPOS<br />

machine running out of paper while there are<br />

10 people in the queue!<br />

ORDER EARLY, DELIVER LATE<br />

Staggering order deliveries can help to ease<br />

cash flow through Christmas. Order early<br />

but arrange later deliveries to avoid settling<br />

orders before the cash comes in.<br />

LOOK FOR ADD-ONS<br />

Pair all of your best-selling items with a<br />

‘go-to’ add-on that can be offered with each<br />

sale. Add-ons can make a huge difference,<br />

particularly at this time of year.<br />

WORK YOUR LIST<br />

If you have a good customer list or database,<br />

it’s time to begin contacting them. Most<br />

people will need at least one gift; don’t leave<br />

it up to chance that they will visit you. Make<br />

a strong offer early in the season to keep<br />

your store front of mind. A promotional text<br />

message is a good option because people are<br />

far more likely to open them than an email.<br />

Whether you use these tips or not, don’t leave<br />

planning for the busiest time of year until it’s<br />

too late. December can contribute as much<br />

as 25 per cent of a store’s total yearly sales and<br />

can be almost 100 per cent of the profit for<br />

some businesses. Investing some time now<br />

will pay huge dividends for you later. i<br />

DAVID BROWN is<br />

co-founder and<br />

business mentor of<br />

Retail Edge Consultants.<br />

retailedgeconsultants.com<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 37


MANAGEMENT<br />

HARNESSING THE UNEXPECTED POWER OF SILENCE<br />

IT’S LONG BEEN SAID THAT COMMUNICATION IS KEY TO SUCCESS – BUT EFFECTIVE LEADERS MUST ALSO EMBRACE THE POWER OF<br />

THE PAUSE. MIKE KOTSIS DISCUSSES WHY IT’S SO IMPORTANT FOR THOSE IN MANAGEMENT POSITIONS TO LET OTHERS SPEAK.<br />

Too much silence in a business meeting is a<br />

red flag. It means that people aren’t speaking<br />

up, for a number of reasons.<br />

However, if just one person is talking all of<br />

the time, then the business has essentially<br />

the same problem.<br />

Business leaders naturally take risks when<br />

making decisions quickly; they think aloud<br />

and love to brainstorm.<br />

If that describes you, silence in a meeting<br />

can be excruciating – but it can also be good<br />

for business.<br />

Too much silence indicates a lack of team<br />

health; when staff aren’t happy, this negative<br />

environment causes an unwillingness to be<br />

open and honest in the moment. Trust is the<br />

greatest predictor of a team’s success and<br />

staff will have the confidence to speak when<br />

they trust each other.<br />

By the same token, a lack of silence from<br />

management will mean teams keep hitting<br />

the ceiling of their potential. I’ve noticed<br />

this play out within a few of my clients’<br />

leadership teams.<br />

The visionary in the team – the leader – is<br />

someone who is used to giving their opinion<br />

and setting the course for the meeting or<br />

project. When this happens, there isn’t space<br />

for the team to process what’s being said or<br />

even to process their own thoughts.<br />

Any decision that comes out of that meeting<br />

is forever the leader’s idea and not the team’s.<br />

If you really want to let go of the vine and<br />

supercharge your leadership team, then you<br />

need to be comfortable with not speaking.<br />

Allow silence to happen as your team’s most<br />

important work is being done in the spaces<br />

where nothing is said.<br />

When you allow silent moments in a<br />

meeting, you’re also giving your staff<br />

permission to speak their minds.<br />

It may take some time for ideas to flow but<br />

they will come. In fact, you’ll be surprised by<br />

WHEN YOU ALLOW<br />

SILENT MOMENTS<br />

IN A MEETING,<br />

YOU’RE ALSO<br />

GIVING YOUR<br />

STAFF PERMISSION<br />

TO SPEAK THEIR<br />

MINDS – IT MAY<br />

TAKE SOME TIME<br />

FOR IDEAS TO<br />

FLOW BUT THEY<br />

WILL COME<br />

SILENCE CAN BE GOLDEN IN TEAM MEETINGS<br />

the insights that you hear – insights that you<br />

never would have had on your own.<br />

NURTURE SILENCE IN YOURSELF<br />

Ultimately, if others don’t speak up,<br />

you’ll never achieve your company or<br />

personal goals.<br />

While your team is processing and sharing<br />

their thoughts, just listen. Don’t share your<br />

ideas until they are finished speaking. In<br />

fact, only after they have shared their ideas<br />

should you share any of yours.<br />

Some of my clients need me to help them<br />

balance the level of dialogue in a group so<br />

that one person doesn’t dominate the room,<br />

trying to own and take charge of every idea<br />

and conversation.<br />

If you are that person, it’s important to<br />

understand doing so will leave you intricately<br />

involved with things that actually keep you<br />

from investing in your unique ability – the<br />

essence of what you love to do and do best.<br />

That is where your focus should be: on your<br />

own set of natural talents and the passion<br />

that fuels you to contribute in the ways that<br />

most motivate you.<br />

By strengthening the areas where we have<br />

the possibility of achieving extraordinary<br />

results, we allow ourselves the greatest<br />

opportunity for success.<br />

Knowing yourself and knowing how<br />

you personally process information can<br />

help tremendously when it comes to<br />

implementing this goal.<br />

This happens especially when you’re trying<br />

to process something that’s unknown and<br />

matters to you – that’s when your natural<br />

instincts kick in.<br />

In my business, we use several processes<br />

to help leadership teams identify each<br />

leader’s intuitive strengths. Everyone’s<br />

instincts are different. When you’re striving<br />

to solve a problem, most people in the room<br />

will address it from completely different<br />

directions, each driven by their instinct. If<br />

your instincts drive you more toward the<br />

‘quick start’ mentality, this means learning to<br />

embrace the pause.<br />

Let others speak first, even though you want<br />

to drive forward. They will need time to<br />

process the information and catch up.<br />

To the degree that you know yourself and<br />

your team, this will help you to solve issues<br />

at a whole new level, without bogging down<br />

your staff or preventing them from working<br />

through it for themselves.<br />

A leadership team that doesn’t have the<br />

space to process their thoughts internally<br />

isn’t leading – they’re following. And a leader<br />

who is driving all of the team’s decisions is<br />

holding onto the vine. Neither you nor your<br />

team can be truly effective without that<br />

space to think during a meeting, so shhh.<br />

Before your next meeting, ask the facilitator<br />

to hold you accountable for creating space<br />

for the team to think and speak first.<br />

Next, have them read this article and see<br />

what kind of brilliance emerges! i<br />

MIKE KOTSIS is a Certified<br />

EOS Implementer, helping<br />

entrepreneurs get what they<br />

want from their businesses.<br />

GPSforSmallBusiness.com<br />

38 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


MARKETING & PR<br />

ADVERTISING ISN’T THE PROBLEM – MARKETING IS<br />

BEFORE BLAMING POOR ADVERTISING FOR A LACK OF SALES, RETAILERS SHOULD SCRUTINISE THE CATEGORY AND THE CONSUMER<br />

OF THEIR PRODUCTS, THEN ADJUST THEIR STRATEGY AND CREATIVE BRIEF ACCORDINGLY, BARRY URQUHART ADVISES.<br />

A prospective client once told me, “Advertising<br />

is more than half my problem.”<br />

In fact, that itself is a half-truth.<br />

Thus, the self-image and role-specifics of a<br />

prospective buyer will most certainly differ<br />

depending upon the time of day.<br />

In this particular instance, like so many others,<br />

the advertising was a problem; however,<br />

poor reaction to an ad is often symptomatic<br />

of other factors ,like a misaligned creative<br />

brief, inaccurate product positioning or poor<br />

demographic profiling.<br />

Achieving ‘cut-through’ with consumers is<br />

becoming progressively more challenging.<br />

Communication channels are rapidly<br />

evolving. As a result, they are more complex,<br />

fragmented and disjointed.<br />

The concept of synergy seems lost on some<br />

retailers and all too often, one plus one is<br />

regularly coming up short of two.<br />

Consumers today tend to have shorter<br />

attention spans, plus they more-readily<br />

exercise selective perception, filtering out<br />

large blocks of communication from brands<br />

they either deem irrelevant or outright dislike.<br />

Typically, the blame for under-performance<br />

in advertising gets attributed to choosing<br />

the wrong communication channels or<br />

employing the wrong advertising agencies.<br />

Both are wrong.<br />

You can target the right audience and still<br />

achieve no real impact if the context is<br />

not right.<br />

PROPER HORSES FOR COURSES<br />

The term ‘fit’ in marketing can relate to a<br />

company, brand name, product, service and,<br />

yes, category. A lack of fit has implications for<br />

defining target audiences, product/service<br />

configurations and timing.<br />

Outdoor furniture is a fine example of these<br />

factors in play, as it is a category that has some<br />

unique characteristics: demand is typically<br />

short-term with high peaks and low troughs,<br />

and price is a key determinant in product and<br />

outlet selection.<br />

Why? Simply put, the term ‘outdoor furniture’<br />

TYPICALLY,<br />

THE BLAME<br />

FOR UNDER-<br />

PERFORMANCE<br />

IN ADVERTISING<br />

GETS ATTRIBUTED<br />

TO CHOOSING<br />

THE WRONG<br />

COMMUNICATION<br />

CHANNELS OR<br />

EMPLOYING<br />

THE WRONG<br />

ADVERTISING<br />

AGENCIES – BOTH<br />

ARE WRONG<br />

RE-THINK YOUR CONSUMER AND THEIR NEEDS<br />

equates to ‘summer’ for many consumers. In<br />

Australia, this means people generally aren’t<br />

thinking about the category in winter and<br />

possibly aren’t even purchasing unless in the<br />

window of <strong>November</strong> to March.<br />

Accordingly, advertising will not readily<br />

resonate with target audiences during<br />

autumn and winter – regardless of how<br />

creative or price-oriented it is.<br />

Therefore, effective repositioning of the<br />

outdoor furniture category is needed to<br />

promote scope and opportunities for<br />

increasing sales throughout all four seasons.<br />

UNDERSTANDING THE CONSUMER<br />

All businesses will struggle at different times<br />

to communicate with select demographic<br />

and psychographic segments unless, and<br />

until, all factors and variables are aligned.<br />

Individual consumers fulfil multiple roles in<br />

contemporary society. For example, a female,<br />

aged 35, might awaken next to her spouse or<br />

partner as a ‘wife’ then prepare breakfast for<br />

the family as a ‘mother’.<br />

While driving, she becomes a ‘commuter’<br />

before arriving at work as an ‘employee’ or<br />

‘boss’. On the way home, she might call into<br />

the supermarket and completes her tasks as<br />

a ‘home maker’ or stop off at a local sporting<br />

club as a ‘team member’ or ‘coach’.<br />

STIMULATING INTEREST<br />

Certain key aspects of the communication<br />

and marketing disciplines enhance impact,<br />

resonance, effectiveness and sales when<br />

developed in sequential order.<br />

These include:<br />

Refine target audience profiles – extend<br />

consideration beyond demographic and<br />

psychographic profiles. Identify, isolate,<br />

analyse and focus on relevant lifestyle roleplays.<br />

This will personalise your messages.<br />

Reposition the brand, service or company<br />

categories – broad-brush generalisations<br />

typically lead to commoditisation. As an<br />

example, department stores are passé,<br />

outdated and hold little interest for many.<br />

Discount department stores suffer from an<br />

image and positioning problem, which is<br />

reflected in poor and falling sales and profits.<br />

Therefore, repositioning is necessary.<br />

Consider complementary purchase<br />

opportunities – Not all products, services and<br />

brands are, in isolation, a primary purchase<br />

item. Their value is enhanced when clustered<br />

with other more-dominant merchandise.<br />

There’s a reason “Would you like... with that?” is<br />

a well-established proposition.<br />

Recalibrate the advertising – Finally, from<br />

a clean slate, decisions need to be made<br />

about the content, the headline, context,<br />

channels, and scheduling of the advertising/<br />

communication mix.<br />

As demonstrated, advertising can prove to<br />

be the footnote rather than the centre of<br />

communicating with your customers. i<br />

BARRY URQUHART<br />

is managing director of<br />

Marketing Focus and an<br />

international keynote speaker.<br />

marketinginfocus.net.au<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 39


LOGGED ON<br />

BOOST YOUR VIDEO STRATEGY WITH IGTV<br />

VIDEO IS ONE OF THE MOST POPULAR MARKETING TACTICS TODAY AND PUTTING CLIPS ON INSTAGRAM’S IGTV CAN HELP YOUR<br />

CUSTOMER MARKETING GO ONE STEP FURTHER. LILIAN SUE EXPLAINS HOW TO MAKE THE MOST OF THIS USEFUL FUNCTION.<br />

Video marketing has been rising in<br />

popularity in the past five years. According<br />

to the Social Video Forecast, conducted by<br />

Animoto, nearly 77 per cent of marketers<br />

and small business owners are getting more<br />

qualified leads due to video.<br />

Consumers love video too. In fact, Hubspot’s<br />

research shows that 45 per cent of people<br />

watch an hour or more of video per day.<br />

So, how can jewellery retailers capitalise on<br />

this popularity?<br />

Well, retailers could certainly post videos to<br />

their Twitter or Facebook feeds and hope to<br />

raise customer engagement rates but there<br />

is much more that can be done with video<br />

and this article intends to explore one of<br />

these emerging options by asking: why not<br />

try Instagram’s IGTV?<br />

TRIPLE-VIDEO CAPABILITIES<br />

Unlike Facebook and Twitter, Instagram<br />

allows users to post three types of videos:<br />

Instagram Feed, Instagram Stories and IGTV.<br />

Within the Instagram Feed, users can post<br />

videos up to one minute long.<br />

These short clips can be uploaded as a single<br />

video, as part of a carousel post or even as<br />

multiple videos to be shared as a single clip.<br />

Instagram also allows users to trim videos<br />

so retailers will be able to edit multiple clips<br />

together before uploading.<br />

The second type of video retailers can post<br />

is an Instagram Story. Users can shoot videos<br />

directly inside the app and decorate these<br />

with stickers, GIFs and text tags – both<br />

general hashtags and tagging relevant<br />

accounts with the @ symbol.<br />

Users also have the option of uploading<br />

pre-recorded videos to Instagram Stories.<br />

Unlike videos in Instagram Feed, Story videos<br />

have a limit of just 15 seconds.<br />

The third type of Instagram video is the<br />

most flexible and possibly most useful to<br />

retailers. IGTV videos can be anywhere from<br />

15 seconds to 10 minutes long for accounts<br />

with smaller audiences, and up to one hour<br />

for accounts with larger audiences.<br />

GO LONG<br />

As previously mentioned, IGTV allows users<br />

to post long-form videos. They are also<br />

hosted on a company’s own ‘channel’. This<br />

means that a retail jeweller can brand the<br />

channel with their own logo and have all<br />

uploaded videos stay available until they<br />

choose to delete them, bypassing the<br />

automatic expiry of Instagram Stories.<br />

Unlike other videos on Instagram, users<br />

can also upload videos in both vertical and<br />

horizontal formats.<br />

Even better, users are able to add links,<br />

hashtags and account tags to video<br />

descriptions, which means retailers can<br />

drive traffic to their websites from their<br />

IGTV channel, increasing sales and audience<br />

engagement with new products.<br />

All three Instagram video formats can work<br />

together in a complementary way.<br />

For example, to help increase audience<br />

viewership, jewellery store owners and<br />

managers could post previews of their<br />

IGTV videos to their Instagram Feeds,<br />

increasing the number of views.<br />

They can also post previews of IGTV videos<br />

on Instagram Stories, teasing viewers to click<br />

through to watch the full clips. This opens<br />

another avenue for increasing engagement.<br />

CREATE INSPIRING CONTENT<br />

There are so many possibilities for retailers<br />

when it comes to IGTV. They can highlight<br />

new product lines as well as share<br />

educational ‘how-to’ videos, such as how to<br />

clean and repair different jewellery pieces.<br />

Educational videos are always a good way<br />

to introduce products and they don’t have<br />

an expiration date until the product is no<br />

longer available.<br />

The feature-length tutorial format will help<br />

to build a library of evergreen video content;<br />

INSTAGRAM’S VIDEO FUNCTIONS OFFER A WORLD OF POSSIBILITIES<br />

NOTHING IS MORE<br />

PERSUASIVE TO<br />

CONSUMERS<br />

THAN OTHER<br />

CUSTOMERS<br />

TALKING ABOUT<br />

WHY THEY LOVE<br />

A BUSINESS OR<br />

BRAND – OFFER<br />

FREE GIFT CARDS<br />

TO THOSE WHO<br />

WOULD BE<br />

WILLING TO<br />

SHARE THEIR<br />

EXPERIENCES<br />

ON VIDEO<br />

you could teach a valuable skill to followers;<br />

highlight behind-the-scenes moments with<br />

staff or customer interactions; show bench<br />

jewellers completing repairs; and publish<br />

regular product updates on a monthly or<br />

even weekly basis.<br />

Every jeweller is bound to have some<br />

customer success stories and sharing<br />

personal testimonials from satisfied<br />

customers can help retailers build social<br />

proof. After all, nothing is more persuasive<br />

to consumers than other customers talking<br />

about why they love a business or brand.<br />

Retailers can even make a contest of it<br />

among their most loyal customers – offer<br />

free gift cards to those who would be willing<br />

to share their experiences on video.<br />

For any retailer looking to improve their<br />

digital video marketing, IGTV presents<br />

great opportunities.<br />

Incorporating any of these content<br />

marketing ideas will help retailers raise brand<br />

awareness, increase audience engagement<br />

and potentially gain more sales. i<br />

LILIAN SUE is a social<br />

media and PR strategist.<br />

She operates In Retrospect<br />

Writing Services.<br />

inretrospect21.wordpress.com<br />

40 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


MY STORE<br />

DEAR RAE<br />

LOCATION: Johannesburg,<br />

South Africa<br />

NAME: Karin Rae Matthee<br />

POSITION: Owner and designer<br />

When was the space completed? We<br />

completed our new studio in June<br />

<strong>2019</strong>. The original space was an office, so<br />

we had our work cut out for us! We did a<br />

full revamp in less than two months and<br />

simultaneously moved our workshop<br />

and retail store across town. We wanted<br />

to create a space that reflected our brand<br />

best – one that would embody a sense<br />

of flow between the outdoor Moroccanstyle<br />

terrace, our shop, the office area, and<br />

our upstairs workshop. We selected local<br />

fittings and fixtures wherever we could.<br />

Who is the target market and how<br />

did they influence the store design?<br />

Our clients are quite varied, from<br />

locals looking for affordable gifts and<br />

engagement rings, to tourists looking for<br />

a treasure to take home. We sell to young<br />

women and men in their twenties, all the<br />

way to people in their fifties. Our more<br />

affordable pieces – the brass and silver<br />

collections – are found on our wall display<br />

for customers to interact with. We then<br />

have gold, diamonds and more exclusive<br />

items in glass cabinets to showcase their<br />

value without it feeling too intimidating.<br />

Each display area conveys clean lines<br />

and minimalism. We also have a private<br />

lounge for customers to meet with a<br />

designer and start discussing their dream<br />

ring or a one-of-a-kind treasure.<br />

With the relationship between store<br />

ambience and consumer purchasing<br />

in mind, which features in the store<br />

encourage sales? Our space has a<br />

natural aesthetic that acts as a beautiful<br />

canvas to display our jewellery, whilst<br />

communicating our values. We wanted<br />

to make sure that customers would be<br />

able to engage easily with products and<br />

connect with our staff. Ultimately, it’s a<br />

place with a welcoming atmosphere<br />

where our customers can take their time<br />

and soak in the Dear Rae experience.<br />

What is the store design’s ‘wow factor’?<br />

Our terracotta tile feature wall and<br />

our plant-filled terrace; it boasts an<br />

extraordinary view of Table Mountain. i<br />

<strong>November</strong> <strong>2019</strong> <strong>Jeweller</strong> 41


DIAMOND RINGS<br />

GOLD JEWELLERY<br />

WATCHES<br />

FASHION JEWELLERY<br />

LOOSE DIAMONDS<br />

SILVER JEWELLERY<br />

Danish watch brand<br />

founder to visit IJF<br />

Watch distributor Jarass<br />

wi l welcome the Danish<br />

founder of the Skagen<br />

watch brand as a special<br />

guest a the International Jewe lery Fair.<br />

Flagship opening to reveal new<br />

Ce rone brand<br />

High-end Ce rone Jewe lers has<br />

announced the opening of its new<br />

flagship store at 14 Martin Place,<br />

Sydney.<br />

Special events at<br />

Sydney jewe lery fair<br />

Visitors to the<br />

International<br />

Jewe lery Fair (IJF)<br />

will have access to<br />

an unprecedented number of special<br />

events, most set to take place in the<br />

new .<br />

Tug of war over New Zealand Fairs<br />

The introduction of a second New<br />

Zealand jewe lery fair has widened an<br />

existing split in its industry.<br />

Pandora receives<br />

Danish medal<br />

Pandora directors Karin<br />

and Brook Adcock have<br />

been awarded the<br />

Diploma of the Danish<br />

Export Association and His Royal Highness<br />

Prince Henrik’s Medal .<br />

Cover watch features<br />

Swarovski crystals<br />

New fashion watches<br />

Skagen goes Swiss<br />

Skagen’s new titanium range<br />

Juicy Couture automatic<br />

timepiece<br />

Limited edition<br />

Drop pendants<br />

The Skandanavians<br />

continue to impress!<br />

Maximum beach from<br />

Maxum<br />

Australian beach culture<br />

and surf lifestyle<br />

PERFECT UNION<br />

industry’s favourite metal.<br />

paring back? CARLA CARUSO reports.<br />

PASSION FOR FASHION<br />

trends this season.<br />

TERMINOLOGY<br />

AND SPIN<br />

To ensure the public<br />

knows exactly what<br />

they’re getting, the GAA’s<br />

KATHRYN WYATT advocates<br />

ge ting it right and being<br />

consistent when it comes to<br />

nomenclature.<br />

[ read More >>]<br />

GEORGINI<br />

The black label autumn<br />

winter collection boasts<br />

sterling silver micro pave-set<br />

with white and black cubic<br />

zirconia<br />

read more<br />

Email:<br />

Password:<br />

Remember Me <br />

<br />

FREE SIGN UP<br />

Register to receive<br />

FR E newsle ter and alerts<br />

<br />

FIND JEWE LERY - PRODUCT SEARCH<br />

Search for a l Jewe lery and watch products<br />

by brand name and category type.<br />

<br />

INTERESTED IN WATCHES?<br />

Citizen Watches Australia<br />

Coleby Nicholson Jewe lery Su ply<br />

Duraflex Group Australia<br />

R J Scanlan & Co<br />

Seiko Australia<br />

Time E sentials<br />

Candino Swi s Watch<br />

Fo sil Australia<br />

GDL A ce sories<br />

Hagemeyer Lifestyle Brands<br />

Italgold Australia<br />

Oro Co lections<br />

TOP 10 STORIES<br />

Perfect Union<br />

Ch osing a beautiful diamond<br />

In streaks and bounds<br />

The Pa las Co lection<br />

Terminology and spin<br />

New Sw et drops bracelet<br />

Aquamarine: go de s of the sea<br />

The Diamond drought<br />

Which diamond shape?<br />

Diamonds most dainty<br />

10 YEARS AGO<br />

WHAT WAS MAKING NEWS 10 YEARS AGO?<br />

A SNAPSHOT OF THE INDUSTRY EVENTS THAT MADE NEWS HEADLINES IN THE NOVEMBER 2009 ISSUE OF JEWELLER.<br />

Bright<br />

Why white remains in favour<br />

NOVEMBER 2009<br />

NOVEMBER 2009<br />

Diamond forecast: dry<br />

The story: Argyle diamond mine owner Rio Tinto<br />

has unveiled analysis showing most existing mine<br />

resources for rough diamonds will be gone within<br />

15 years, with new diamond discoveries becoming<br />

increasingly rare.<br />

According to Rio, annual discoveries of kimberlite<br />

‘pipes’, the host rocks for diamonds, have fallen on<br />

a fi ve-year moving average basis to little more than<br />

100. History indicates that only one in 10 kimberlite<br />

pipes contain diamonds and only one in 100 of<br />

those are economic to mine, according to a report<br />

in The Age newspaper.<br />

‘<strong>Jeweller</strong>’ goes .com<br />

The story: <strong>Jeweller</strong> magazine has offi cially<br />

launched its new website, jewellermagzine.<br />

com. Unique in global trade media, it<br />

effectively offers two separate sites: one for<br />

industry members (B2B) and another for<br />

jewellery consumers (B2C).<br />

Both B2B and B2C sites also offer unique<br />

search functions, e-newsletter updates, and<br />

articles tailored specifi cally to the user’s<br />

interests.<br />

Of particular interest to retailers will be the<br />

Search/Products function, which operates<br />

like an online version of <strong>Jeweller</strong>’s annual<br />

Supplier’s Directory, but with pictures.<br />

Jewe lery News Magazine<br />

WEDDING & ENGAGEMENT<br />

NEW PRODUCTS<br />

<br />

<br />

<br />

<br />

The lack of new discoveries since the mid-1980s<br />

means the world’s mine reserves of rough<br />

diamonds have fallen from a supply of 80 years to<br />

just 15 years, as Rio has forecasted.<br />

NEWS<br />

HOME SECTIONS LEARN ABOUT WHAT’S HOT JOIN SEARCH CONTACT US<br />

SEARCH STORIES BY: OR<br />

MAKING THE MOST OF IT<br />

Keyword Go SUBSCRIBERS - REGISTERED USERS<br />

Less buyers at this year’s Vicenza Charm didn’t diminish the spirits<br />

of organisers, who insis the fair provides a valuable service for the<br />

industry. COLEBY NICHOLSON attended. [ read .]<br />

IN STREAKS AND BOUNDS<br />

Despite soaring prices, certain factors ensure gold<br />

remains a favourite, hotly demanded by consumers<br />

the world over. NICK LORD investigates the e fects<br />

of recent movements upward in the price of the<br />

Fancy-cut engagement rings for the brides and<br />

diamond-set wedding bands for the grooms are<br />

just some of the looks being favoured in bridal<br />

jewellery, but wi l the economic downturn see a<br />

Once shunned, now worshiped, fashion jewellery<br />

has made its mark - forever changing the market.<br />

BIANCA MANGION gets the goss on what’s making<br />

FEATURED PRODUCT<br />

JEWELLER BLOG<br />

advertisement advertisement<br />

SHOWCASE FUELS JAA<br />

MEMBER INFLUX<br />

The story: The JAA has recently<br />

announced the addition of 170<br />

new association members from the<br />

Showcase <strong>Jeweller</strong>s buying group.<br />

Showcase retailers were responsive to a<br />

deal from the JAA that offered discount<br />

rates to buying group members. As<br />

a result, 90 per cent of Showcase<br />

members are now part of the JAA.<br />

Ian Hadassin, CEO of the JAA, said, “Up<br />

until recently, buying group members<br />

could join as normal members and<br />

pay their normal fees with no special<br />

arrangement but the JAA board<br />

believed it should treat the buying<br />

groups similar to chain stores.<br />

“We offered them a special deal that<br />

was substantially lower than normal<br />

fees, and that’s what enticed most of<br />

them to come across.”<br />

He credited the Showcase board’s<br />

efforts in promoting JAA membership.<br />

Michael Mishevski, CEO Showcase<br />

<strong>Jeweller</strong>s, was delighted with the deal.<br />

“Showcase <strong>Jeweller</strong>s believes in a<br />

strong industry association that can<br />

represent the jewellery industry to<br />

relevant government and regulatory<br />

bodies,” he said.<br />

Gold price reaches a new record<br />

The story: The gold price hit a record high in October –<br />

reaching $US1,053 an ounce.<br />

Gold has gained almost 20 per cent since the beginning<br />

of 2009, fuelled by a weak US dollar – which triggered<br />

increased investment from buyers using gold as a<br />

hedge – and the threat of infl ation. More gains are likely,<br />

according to analysts.<br />

“Gold has signifi cant upside potential into 2010,” said<br />

Jordan Kotick at Barclays Capital, adding, “Resistance<br />

currently is at $1,370; history suggests a run at $1,500.”<br />

As a result of rising prices and the fi nancial crisis, world<br />

gold fabrication dropped 25 per cent in the fi rst half of<br />

this year, according to a gold market report entitled Gold<br />

Survey 2009 - Update 1 from research consultancy GFMS.<br />

42 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


Experience a<br />

sense of wonder<br />

Experience a sense of wonder as you immerse yourself in a wonderland of spectacular jewellery and timepieces at the<br />

2020 International <strong>Jeweller</strong>y & Watch Fair. Be inspired by the excellence and passion in workmanship with all the latest global trends<br />

on display across three days of buying and selling. Identify new business opportunities while gaining knowledge and hands-on<br />

skill sets from industry leaders during education sessions, all under the one roof. For more information visit www.jewelleryfair.com.au<br />

INTERNATIONAL<br />

J E W ELLERY & WATCH<br />

FAIR<br />

September 12 – 14, 2020<br />

ICC Sydney Exhibition Centre, Darling Harbour<br />

WWW.JEWELLERYFAIR.COM.AU<br />

Organised by


MY BENCH<br />

Natalie<br />

Handling<br />

WORKS AT: Fairfax &<br />

Roberts, Sydney<br />

YEARS IN TRADE: 29<br />

TRAINING: Sir John Cass<br />

School of Art, Architecture &<br />

Design, London, six years<br />

FIRST JOB: Paragon <strong>Jeweller</strong>s,<br />

London, 1996<br />

OTHER QUALIFICATIONS:<br />

Gemmologist and hand<br />

engraver. I learnt in London<br />

and then was taught<br />

engraving at Enmore TAFE for<br />

two years. I now also run my<br />

own engraving business.<br />

Favourite gemstone:<br />

Tourmaline, as it comes in<br />

so many beautiful colours.<br />

Favourite metal: Platinum; it<br />

demands respect when you<br />

work with it to get a beautiful<br />

finish. Also, there’s this fineness<br />

you can push it to.<br />

Favourite tool: Tweezers<br />

– I’m lost if I can’t find one of<br />

my two ‘special’ pairs!<br />

Best part of job: Variety, the<br />

challenge of a complicated<br />

design or repair, and the joy it<br />

brings to the recipient.<br />

Worst part of job: Seeing<br />

the disruptive technology,<br />

CAD [computer-assisted<br />

design], change the skill-set<br />

required to become<br />

a well-rounded and<br />

confident jeweller.<br />

Best tip from a jeweller:<br />

It’s old school: using a<br />

gramophone needle in<br />

a pin-vice as a burnisher.<br />

I still use it almost every day.<br />

Best tip to a jeweller:<br />

Never be afraid to try a<br />

new way of doing something.<br />

Time taken to get each<br />

step of a job where it needs<br />

to be along the way will<br />

result in a better and<br />

faster job.<br />

Biggest health concern on<br />

the bench: Polishing and<br />

protecting my eyeballs!<br />

Love jewellery because:<br />

It’s my creative outlet. i


SOAPBOX<br />

THE ONLY WAY TO SUCCEED<br />

IS TO PUT CUSTOMERS FIRST<br />

It’s easy to look at the current state of<br />

things within our industry and feel a<br />

sense of doom. Every year, another list of<br />

jewellers and manufacturers close their<br />

doors, some of which only a short time<br />

ago would have been considered good<br />

solid businesses. Gone are the days when<br />

the revenue generated at Christmas would<br />

balance the books, pay the suppliers and<br />

leave enough to replenish the stock, pay<br />

staff bonuses and maybe allow for a week<br />

off. So, where do we go from here?<br />

An old employer once told me that when we<br />

gave consistent exceptional service, we would<br />

not be able to cope with the amount of<br />

money we’d make. I’m still waiting for the last<br />

bit, and I think he also used to say, “This time<br />

next year, we’ll be millionaires.”<br />

But his fi rst piece of advice still stands.<br />

If we don’t leave our clients wanting to tell<br />

their friends about us, then how will their<br />

friends fi nd us? Facebook advertising? I truly<br />

hope it doesn’t come down to that!<br />

I started my business in 2000. I’d left a wellpaid<br />

city job hoping for a few weeks off,<br />

but took a phone call on Boxing Day from a<br />

Canberra jeweller inviting me to come down<br />

and pick up some trade work.<br />

I found myself back at the bench by the<br />

New Year. Before long, I’d registered my<br />

business – calling it Wild Trout after the highly<br />

prized fi sh that I occasionally felt, briefl y, on<br />

the end of my line – and started working from<br />

our Bondi apartment. Soon, I moved into a<br />

vacant shop 15 minutes’ walk away, which<br />

had been a jewellery store for at least the<br />

previous 30 years.<br />

As soon as I opened, people assumed I<br />

must be part of the same family and just fell<br />

through the door.<br />

In my eagerness to open, I had nothing<br />

to put on sale; the cabinets were empty<br />

except for a few signs saying things like,<br />

‘gold chain coming soon’ and ‘diamond<br />

rings, made to order’.<br />

Although I’d taken a big risk, signing a<br />

three-year lease and spending my savings<br />

on setting up, I had none of the doubts that<br />

today’s young jewellers must have entering<br />

our industry.<br />

Things were very simple as a new shop;<br />

almost every day we broke the sales record<br />

of the previous day, week, and month. We<br />

had plenty of trade work too – so much so<br />

that before the fi rst year was out, I’d hired<br />

employees and tried out bench jewellers. One<br />

of them has stayed with me ever since.<br />

I count myself very fortunate to have had<br />

some wonderful staff who supported my<br />

clients and became good friends, and I’m still<br />

in contact with most of them, many years<br />

after our paths diverged.<br />

So where am I going with all this? I started<br />

talking doom and gloom and then gave a<br />

brief history of my own business.<br />

Well, as I’ve gotten older, the more I realise<br />

that I haven’t ‘built’ my business. Sure, I found<br />

a place and decked it out with tools and<br />

cabinets – but I didn’t build my business.<br />

I’m involved in every aspect from customer<br />

service, repairs, designs, remakes, CAD, setting,<br />

polishing, suppliers, and buying groups, but I<br />

built nothing.<br />

MY CLIENTS<br />

HAVE BUILT MY<br />

BUSINESS... BEFORE<br />

I SIGNED MY FIRST<br />

LEASE I ASKED<br />

MYSELF HOW I<br />

COULD MAKE IT<br />

WORK. MY CLIENTS<br />

ANSWERED THAT,<br />

AND I BELIEVE THAT<br />

THE ANSWER STILL<br />

LIES WITH THEM<br />

All I have done is supply the building blocks.<br />

In fact, my clients have built my business.<br />

They are the ones that stuck their heads<br />

around my door 19 years ago and had a look<br />

inside. They brought me work and chose<br />

their precious gifts from my offerings. They<br />

gossiped about our store and how we went<br />

the extra mile and told their friends to go<br />

nowhere else. Even when they moved away<br />

from the area, they came back to visit and<br />

brought their repairs with them.<br />

When I look at our own shop fi gures for<br />

the last fi nancial year it appears that a lot of<br />

people just stopped buying jewellery off the<br />

shelf. There has been resurgence in custommade<br />

and bespoke pieces, which is great, but<br />

what about the stock we all have?<br />

Before I signed my fi rst lease I asked myself<br />

how I could make it work. My clients<br />

answered that, and I believe that the answer<br />

still lies with them. Now, far more than ever<br />

before, if my clients don’t want what I have<br />

on the shelf, I need different stock – not new<br />

clients.<br />

One of the hardest things I’ve found in<br />

customer service is to be consistently good.<br />

It’s so easy to overlook a client, and not give<br />

them the same full attention they received the<br />

previous visit. It’s not realising that they might<br />

have taken time out of their busy day to visit<br />

my store. Consistency is key. i<br />

Name: David Hollanders<br />

Company: Wild Trout <strong>Jeweller</strong>y<br />

Position: Director<br />

Location: Sydney, NSW<br />

Years in industry: 36<br />

46 <strong>Jeweller</strong> <strong>November</strong> <strong>2019</strong>


EXCLUSIVE RANGE OF PINK KIMBERLEY<br />

Australian Argyle Pink Diamonds are beyond rare and amongst the most precious diamonds in the world.<br />

Pink Kimberley jewellery is crafted from an exquisite blend of white diamonds and<br />

natural Australian pink diamonds from the Argyle Diamond Mine, located in the East<br />

Kimberley region of Western Australia. A coveted Argyle Pink Diamond Certificate<br />

accompanies all Pink Kimberley pieces containing pink diamonds greater than 0.08ct.<br />

PinkKimberley.com.au<br />

E pink@samsgroup.com.au W samsgroup.com.au P 02 9290 2199<br />

SAMS GROUP<br />

AUSTRALIA

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!