International News
Establish a distinct and unique brand positioning for natural diamonds:Kirit Bhansali at Doha Conference

Kirit Bhansali, Vice Chairman, GJEPC, delivered a keynote speech at the inaugural session of the Doha International Diamond & Gem Conference, addressing industry leaders and stakeholders. He outlined the pressing challenges facing the natural diamond industry and proposed strategic solutions to ensure its sustainable growth.
Highlighting key global concerns, Mr. Bhansali noted:
• Declining demand in China, a major diamond and jewellery market after the USA.
• Global supply chain disruptions caused by the Russia-Ukraine conflict.
• Increasing competition from lab-grown diamonds in key consuming regions.
“In these unprecedented times, I urge all stakeholders in the diamond industry to rise above differences, unite as one, and take bold measures,” he stated. He emphasized three crucial steps to strengthen the natural diamond market:
1. Establishing a distinct and unique brand positioning for natural diamonds.
2. Investing in aggressive marketing and promotion to enhance consumer awareness.
3. Positioning natural diamonds as an exclusive luxury commodity, emphasizing their rarity and timeless value.
Mr. Bhansali also highlighted the deep-rooted cultural and economic ties between India and Qatar, with bilateral trade reaching $18.77 billion in 2022-23. He called for greater collaboration in the gem and jewellery sector, leveraging India’s world-class manufacturing capabilities and Qatar’s growing luxury market.

International News
Jewells Partners with Hammerson to Launch Debut UK Stores

Westquay in Southampton and The Oracle in Reading will be the first new stores to open on 30 May, followed by two more at Bullring Birmingham and London’s Brent Cross from June.
Each location will be around 1,000 square feet and will showcase Jewells’ demi-fine jewellery, using materials including gold, silver, sustainable lab-grown diamonds and semi-precious stones.
These new spaces are set to be home to bespoke consultations, workshops, and immersive experiences.

Jewells’ chief brand officer Leah Uka says: “Launching our first-ever physical spaces in key destinations across the country has been an important process for us.
“We have ambitious expansion plans targeting 2,000 stores across 45 countries within five years, and to make that possible, it was necessary for us to establish the brand in the kinds of high-footfall and high-quality retail destinations that Hammerson have, to engage existing and new customers and create a wonderful retail experience for them.”
Paul O’Brien, Hammerson’s director of leasing and commercialisation, adds: “The decision for Jewells to open four of its first stores across our portfolio demonstrates the quality of our destinations and the confidence that leading retailers have in what Hammerson delivers.

“It also shows the pace we can execute deals, the support we can give to new entrants as they enter our markets, and a collaborative approach to delivering at scale.
“Jewells is backed by a proven operator and is an excellent fit for each of our locations, resonating with the young, fashion-forward audience our city destinations attract.”
International News
Pomellato Celebrates Cannes Boutique Launch During Film Festival with Star-Studded Cocktail Event

Luxury Italian jeweller Pomellato unveiled its elegant new boutique in Cannes last week, marking the occasion with an exclusive cocktail party during the Cannes Film Festival. Among the high-profile guests was Alessandra Ambrosio, joined by model Maria Borges, Brazilian actress and singer Anttonia, and friends of the brand from across the French Riviera.
Designed to reflect Milanese elegance, the boutique offers a refined yet inviting retail experience. The interior features raw silk panels by Misha Milano, custom cast-glass wall sconces by design studio 6:AM, and Botolo chairs in Pomellato’s signature Montenapoleone red, designed by trailblazing female architect Cini Boeri.
Pink marble counters pay tribute to Milan’s iconic Duomo, while rounded architectural details create a warm ambiance. The boutique also houses a private salon adorned with artwork by Nicolò Quirico and a bespoke carpet inspired by the work of designer Fede Cheti, celebrating Milan’s design heritage and the contributions of female creatives.
The new location showcases Pomellato’s signature collections including Nudo, Iconica, Catene, and standout high jewellery creations, offering a luxurious destination for jewellery lovers in the heart of Cannes.
International News
Rare Colored Gems Take Center Stage at Bonhams Hong Kong Auction

A dazzling array of colored diamonds and rare gemstones will headline Bonhams’ upcoming Jewels and Jadeite sale in Hong Kong on May 22, with standout pieces expected to fetch up to HKD 5 million ($640,000).
Leading the sale is a striking pink diamond ring featuring a 1.08-carat, fancy vivid pink, internally flawless diamond. The modified shield brilliant-cut stone is mounted in a contemporary setting and surrounded by 13.90 carats of round brilliant and tapered baguette-cut diamonds.
Also among the top highlights:

- The Kat Florence Lumina, an unmounted 181.61-carat cushion-cut greenish-blue Paraiba-type tourmaline, shares the spotlight with the pink diamond, both carrying an estimate of HKD 5 million ($640,000).

- A pair of ruby and diamond earrings by Harry Winston, with center rubies weighing 6.98 and 6.96 carats, is expected to fetch up to HKD 3.8 million ($490,000).

- A ruby and diamond fringe necklace, showcasing 44 oval Burmese rubies totaling 49.09 carats and a prominent pendant ruby, could reach HKD 2.8 million ($360,000).

- A 7.03-carat fancy vivid yellow diamond ring, internally flawless, is estimated at HKD 2.5 million ($320,000).

- A Cartier panther bracelet, set with 18.10 carats of diamonds, 12 carats of sapphires, emerald eyes, and an onyx nose, also carries an estimate of HKD 2.5 million ($320,000).

- A 15.06-carat orange-red Tanzanian spinel ring, flanked by diamonds, may achieve HKD 2 million ($260,000).

Rounding out the top lots are several vibrant yellow and Paraiba tourmaline rings, each estimated between HKD 1.5 million and HKD 1.9 million ($190,000–$240,000).

Renowned names such as Harry Winston, Cartier, and Bulgari will be represented, offering collectors a rare chance to acquire exceptional pieces from leading design houses.
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