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The International Jewellery & Watch Fair will now take place on 10–12 October, organiser Expertise Events has announced.

News
Sydney Jewellery Fair postponed to October

The organiser of the International Jewellery & Watch Fair (IJWF), Expertise Events, has postponed the show by four weeks, from 12–14 September to 10–12 October 2020. Read more »
Two young men pleaded guilty to a range of offences relating to the $30,000 attack on an Ipswich jewellery store.

News
Teens sentenced following foiled Queensland ram-raid

Two young men have appeared in Ipswich District Court for sentencing over a foiled $30,000 raid of a local jewellery store last year. Read more »
The COVID-19 pandemic has led to a 95 per cent drop in revenue for De Beers, with reports the company could change its traditional sales structure.

News
De Beers plans restructuring following $1.2 billion sales collapse

Diamond mining giant De Beers is reportedly planning to restructure its business and traditional Sight-based sales strategy, following an unprecented drop in demand due to the ongoing COVID-19 pandemic. Read more »
MCH Group has launched a new Basel-based trade fair, HourUniverse, to replace the now-defunct Baselworld.

News
Baselworld organiser announces replacement show for 2021; Murdoch group plans takeover

Following an extended consultation with exhibitors and attendees, MCH Group has announced a new show and digital platform to replace the now-defunct Baselworld, which it has named HourUniverse. Read more »
Prime Minister Scott Morrison met with representatives from the events and exhibitions industry to discuss challenges facing the sector.

News
Prime Minister shows support for industry exhibitions

Prime Minister Scott Morrison has met with leading figures in the events and exhibitions industry, two months ahead of the International Jewellery & Watch Fair (IJWF). Read more »
Rio Tinto has added Kunming Diamonds to the ranks of its Argyle Pink Diamonds Authorised Partner network.

News
Kunming Diamonds receives prestigious Argyle diamond designation from Rio Tinto

Kunming Diamonds, which specialises in natural colour diamonds, has been named an Argyle Pink Diamonds Authorised Partner by Rio Tinto, which operates the Argyle Mine in Western Australia – the world’s premier source of pink diamonds. Read more »
The half-yearly financial report from Swatch Group reveals the impact of COVID-19 on its financial position (pictured: Swatch Group headquarters in Biel, Switzerland).

News
Swatch Group records $467 million loss; cuts 2,300 jobs, closes stores

The latest Swatch Group financial report, published 14 July, indicates it has recorded a half-yearly loss for the first time, with net sales for the first six months of 2020 declining 43.4 per cent due to the COVID-19 pandemic. Read more »
While the wider Australian non-essential (discretionary spend) retail industry has suffered greatly in the past decade, it’s fair to say that many industry experts had predicted bleaker times for fine jewellery chains.

News
2020 State of the Industry Report: In-depth analysis of Australia's jewellery chain stores over a decade

There is little doubt the past 10 years have led to significant change in the Australian jewellery landscape – yet analysis of the data by Jeweller shows a number of surprising trends and stories.  Read more »
The upcoming International Jewellery & Watch Fair will be adapted to comply with COVID-19 guidelines and best practices to protect exhibitors and attendees.

News
New safety initiatives announced for Sydney Jewellery Fair

Ahead of the International Jewellery & Watch Fair (IJWF) in September, organiser Expertise Events has announced a suite of new COVID-19 safety initiatives, including low-cost modular stands for exhibitors. Read more »
The International Jewellery & Watch Fair has been cleared by NSW authorities to proceed at the ICC Sydney (pictured) this September.

News
NSW government approves Jewellery Fair to proceed in Sydney

As COVID-19 restrictions continue to ease, the NSW state government has approved the International Jewellery & Watch Fair (IJWF) to proceed at the ICC Sydney exhibition centre on 12–14 September. Read more »
Independent Jewellers Collective has achieved its goal of more than 40 retailer members. Image: IJC's May campaign

News
New buying group reaches membership goal

Independent Jewellers Collective (IJC), which was formed in January 2020, has surpassed its initial goal of 40 retailer members, securing 44 as of 1 July. Read more »
The Reed Gift Fair Melbourne will no longer take place in October due to COVID-19 health and safety concerns.

News
Melbourne Gift Fair cancelled amid rising COVID-19 cases

Reed Exhibitions Australia has cancelled its Reed Gift Fairs Melbourne event – which was due to take place on 9–12 October at the Melbourne Convention and Exhibition Centre (MCEC) – due to the rise in COVID-19 cases in the Victorian city. Read more »

News
TIMELINE: Inside the Tiffany & Co. and LVMH merger

INCLUDES TIMELINE: When the world’s largest luxury conglomerate, French-owned Moët Hennessy Louis Vuitton SE (LVMH), submitted an unsolicited bid to acquire iconic US jeweller Tiffany & Co. last October, many industry commentators expressed shock – even more so when LVMH’s $US16.2 billion offer was accepted the following month. Read more »
Despite speculation the deal could fall through, an LVMH executive has confirmed the French luxury conglomerate will proceed with its acquisition of Tiffany & Co.

News
LVMH reiterates commitment to Tiffany & Co. takeover as revenues decline

French luxury conglomerate Moët Hennessy Louis Vuitton SE (LVMH) has indicated it intends to proceed with its takeover of Tiffany & Co., despite declining sales due to COVID-19 and widespread unrest in the US. Read more »
IIJS Premiere, India's largest jewellery trade event, has been rescheduled from its August dates. Pictured: The ribbon-cutting ceremony at the 2019 show.

News
India's Premiere jewellery show postponed to January 2021

The India International Jewellery Show (IIJS) Premiere – India’s largest jewellery trade fair – has been postponed from 6–10 August 2020 to January 2021 due to the COVID-19 pandemic, organiser the Gem & Jewellery Export Promotion Council (GJEPC) has announced. Read more »

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Tuesday, 04 August, 2020 03:33am
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