De Beers' Penny: Early signs of recovery-Market Survey-Magazine-IRISPANCY FASHION ACCESSORIES & JEWELRY

	Shopping bag \| \| My account \| Favorite \| Help \| Contact us \| Login or Register \| Logout

Jewelry \| Apparel & Accessories \| Bags & Accessories \| Magazine \| Business & Franchise Necklaces \| Bracelets \| Earrings \| Rings \| Pendants \| Jewelry Sets Brooches \| Hair Accessories \| Belts \| Caps \| Scarves \| Gloves \| Shoes \| Socks IRISPANCY Bags \| IRISPANCY Bags Accessories Vogue and Trend \| Mix and Match \| Celebrity \| Fortune \| Fun and Love \| Small Business \| Product knowledge \| Market Survey \| Expo Information \| Industry News Boutiques \| Sales Policy \| Franchise \| Events and Activities \| OEM and ODM

Magazine > Market Survey > News Content

De Beers' Penny: Early signs of recovery

6/20/2009 3:55:09 PM

Ramat Gan, Israel--The Israel Diamond Institute Group of Companies (IDI) teamed up with De Beers for Israel's first-ever "Diamond Town Hall Meeting," an open discussion inviting members of the Israeli diamond industry to ask questions and exchange views with the management of the rough-diamond giant.

IDI Chairman Moti Ganz hosted the June 18 event with De Beers Group Managing Director Gareth Penny and Diamond Trading Co. (DTC) Managing Director Varda Shine, with hundreds of Israeli diamantaires in attendance.

Industry expert Chaim Even-Zohar moderated the meeting, and Shine delivered opening remarks, saying, "This is an industry that is highly adaptive and adept at finding new ways to succeed. Innovation is part of the DNA of our industry."

Penny delivered a presentation in which he described the current economic situation as contributing to "extraordinary times, which require extraordinary action." He said that over the past 120 years, the diamond industry has proven its resilience, and he noted that after every recession the diamond industry has experienced an immediate resurgence.

Penny spoke on the outlook for the industry, saying that there have been early signs of recovery given that there is an increased demand for rough. Looking forward, he said he believed that the upcoming holiday season would be ahead of last year, but that it might take until the 2010 holiday season to reach former levels.

One issue that arose during the question-and-answer period was on the topic of DTC rough supply for non-sightholders, to which Penny confirmed that De Beers is still committed to supporting non-sightholders through Diamdel, part of the De Beers Group.

"This meeting is an additional step in IDI's broad-based efforts to support and promote the Israeli diamond industry during this difficult time," Ganz said. "The event testifies to the importance and vitality of Israel as a world-class diamond center. There is no doubt that this meeting offers an important opportunity to raise issues and to receive answers to the questions regarding pertinent issues facing the industry at this time."

	Related News
	- Footwear market - areas of growth, signs of hope - NPD(6-19)
	- Avril Lavigne models for teen clothing(6-17)
	- Designers favor first lady's fashion(6-17)
	- Ed Hardy makes UK trade show debut at Londoncentral(6-15)
	- Canada decries 'rising tide' of US protectionism(6-15)
	- G-8 Starts Planning Stimulus Exit Strategies on Recovery Signs(6-13)
	- Diamond markets showing signs of life(6-12)
	- David Beckham promotes Emporio Armani men's underwear collection in London(6-12)
	- Gap plans to remodel 50 Old Navy Stores(6-11)
	- Cherokee’s net income for Q1 decreases(6-10)

Bussiness Partnership

Jewelry business opportunity

FAQ about products

JP Renaissance Enterprises Corporation, an active fashion and gift company that provides fashion accessories and jewelry. We expanded our branches in Asia and North America, now, we devote ourselves on globalization by deploying unique designs and concepts. Our designers put their efforts on introducing innovative ideas, integrating creative and trendy elements and developing new style, such as integrating the nature into our products. Our fashion accessories and jewelry are capable to give you a different fashion ideas, a different way to dress, and can surprise your friends, lover, parents, clients by sending them special gifts on holiday or in special events. The products are not only fashion symbols but also tools to communicate, for example, you can use our new fashion and gift guides as an interesting topic among girls, or share the experience of our online jewelry store or the latest shoes. hats and socks with your friends..

Furthermore, we provide graceful bags models and attractive hair accessories expertise with professional wholesale and retail business. for examples, we not only sell sexy heels, magnetic bracelets, charm bracelet and 1960's fashion as a manufacturer and wholesaler, but also provide limited version dressing method. Besides, while outputing luxurious goods and service, we also offer value packs and free gift cards, such as costless dress, complimentary caps on special events.

Clients all over the world can enjoy our products and service through the internet. For instance, buyers from Stockton - California - United States, Juneau - Alaska - United States and Riverside - California - United States.

Our online Fashion Magazine, on the other hand, presents information about top holiday gifts guides, hair styles, life style trends, potfolio fashion tips, what to wear on business days, dressing tips, dressing guides or general fashion tips for women and for men, hats and socks industry news, product kownledge about gold jewelry, beaded jewelry and wedding jewelry, fashion shows...

www.irispancy.com IRISPANCY FASHION ACCESSORIES & JEWELRY