Latest news with #jewellers
CTV News
2 days ago
- General
- CTV News
Police seeking suspect in Tanger Outlets jewelry store theft
Ottawa police are seeking a suspect involved in a jewelry store theft at Tanger Outlets mall. (Ottawa Police Service/Provided) The Ottawa Police Service is seeking public assistance in identifying a suspect involved in a jewelry store theft at Tanger Outlets last month. Police say the suspect entered a store on May 9 at approximately 1:28 p.m., broke a display case and stole several pieces of jewelry before fleeing the scene on foot through the parking lot. The suspect is described as a man, approximately 40-years-old, with a medium build and about 5 feet 8 inches tall. He wore dark grey or black pants, a black hoodie, a red baseball cap with a white 'T' on the front and Nike sneakers with a black swoosh. Anyone with information about this individual or the incident is asked to contact the Robbery Unit at 613-236-1222, extension 5116, or via email at robbery@ Police are also investigating several other thefts and robberies targeting local jewellers in recent months. A group of four or five masked men rammed a stolen pickup truck into a Bank Street jewelry store before driving off in a getaway SUV last week. Other incidents have been reported at jewellers at Place d'Orléans Shopping Centre and Bayshore Shopping Mall.
RNZ News
3 days ago
- Business
- RNZ News
The disruptor that's sent diamond prices tumbling
Lab-grown diamonds, indistinguishable from mined diamonds, are flooding onto the market, at a tenth of the price of those that came out of the earth. Photo: Alexia Russell Diamonds are having a pearls moment. Once upon a time pearls were the world's most valuable jewellery item - their extreme rarity making them the way to display wealth to the world. But in the early 1900s Japanese pearl famers worked out how to culture them and for the first time, a string of round pearls became affordable and obtainable. Now, lab-grown diamonds, indistinguishable from mined diamonds, are flooding onto the market at a tenth of the price of those that came out of the earth. But before you rush out to buy a ring that will give you more bang for your buck, think again - the price of yellow gold has risen so much that if you want your sparkler set in a gold band, it could well have cancelled out your savings. "We've had big movements in diamond prices, in both mined and lab diamonds, over the past five years," says Newsroom senior business reporter Alice Peacock. "A lot of jewellers, a lot of retailers have been getting into the lab space, and manufacturing of lab diamonds has increased a lot over the last decade. They've been around for a few decades but have really taken off in popularity over the last 10 years. "There's a bit of confused terminology around what lab diamonds are, but they are real diamonds. The chemical and the physical makeup of them is exactly the same. Essentially you can't tell the difference. I think people have different ideas about the ethics of them, but again that's a bit of a murky area." The split between customers who want a lab or a mined diamond varies greatly between outlets, but Peacock says Michael Hill Jeweller told her it's still lower than 50 percent. In its Canadian and Australian stores however, the demand is higher. In the US demand is soaring. Zoë and Morgan is a bespoke jeweller in Auckland. If you look at the company's website you will see side by side two rings, a two-carat lab diamond for $6,000, and a mined diamond of 1.01 carats for $16,700. Zoë Williams is the co-owner of Zoë and Morgan, a bespoke jeweller in Auckland Photo: Alexia Russell Zoë Williams is the co-owner and says at the moment more than half of her customers are opting for a lab-grown diamond - but it's a really changeable situation. She tells The Detail that many customers come in who don't know what lab diamonds are, or who think they're fake. "It's been fun just to be able to chat about the different processes ... obviously the way diamonds have been extracted through history is really horrible." However, the increasing popularity of lab diamonds has forced the "natural" diamond industry to improve its game, with more ethical operations and giving back to the communities they're taken from. Williams explains how jewellers can trace the origins of mined stones using the code each one comes with. "In modern times, all of those mining processes have had to become much more ethically-minded to come up to speed with how we should be treating our humans in the world. "And that's a fantastic thing. That's what I personally quite like about the lab diamonds coming onto the market, is it's .... caused the other side of the industry to really tidy up their act and to really become a lot more responsible. And within all of these things there's pros and cons ... but I do feel like we've made some great advances in the last few years." But lab-grown diamonds aren't spotless when it comes to sustainability - it takes an immense amount of energy to make them and there are nasty chemicals involved. Williams says the diamond market is also no longer just about engagement rings, but people are buying them to mark special moments in their lives - from the 21-year-old who's celebrating getting a job, to someone who's not waiting for someone to give them a diamond, to those who've made it to 40 and are happy with where they are in life. They might not be quite the investment they used to be sold as, but Williams questions if that really matters. "Sometimes I like the idea that it doesn't stand up financially, but it holds an incredible story and it holds a lot of personal value, and I think that's really important as well." Check out how to listen to and follow The Detail here . You can also stay up-to-date by liking us on Facebook or following us on Twitter .
RNZ News
4 days ago
- Business
- RNZ News
The disruptor that's sent diamond price tumbling
Lab-grown diamonds, indistinguishable from mined diamonds, are flooding onto the market, at a tenth of the price of those that came out of the earth. Photo: Alexia Russell Diamonds are having a pearls moment. Once upon a time pearls were the world's most valuable jewellery item - their extreme rarity making them the way to display wealth to the world. But in the early 1900s Japanese pearl famers worked out how to culture them and for the first time, a string of round pearls became affordable and obtainable. Now, lab-grown diamonds, indistinguishable from mined diamonds, are flooding onto the market at a tenth of the price of those that came out of the earth. But before you rush out to buy a ring that will give you more bang for your buck, think again - the price of yellow gold has risen so much that if you want your sparkler set in a gold band, it could well have cancelled out your savings. "We've had big movements in diamond prices, in both mined and lab diamonds, over the past five years," says Newsroom senior business reporter Alice Peacock. "A lot of jewellers, a lot of retailers have been getting into the lab space, and manufacturing of lab diamonds has increased a lot over the last decade. They've been around for a few decades but have really taken off in popularity over the last 10 years. "There's a bit of confused terminology around what lab diamonds are, but they are real diamonds. The chemical and the physical makeup of them is exactly the same. Essentially you can't tell the difference. I think people have different ideas about the ethics of them, but again that's a bit of a murky area." The split between customers who want a lab or a mined diamond varies greatly between outlets, but Peacock says Michael Hill Jeweller told her it's still lower than 50 percent. In its Canadian and Australian stores however, the demand is higher. In the US demand is soaring. Zoë and Morgan is a bespoke jeweller in Auckland. If you look at the company's website you will see side by side two rings, a two-carat lab diamond for $6,000, and a mined diamond of 1.01 carats for $16,700. Zoë Williams is the co-owner of Zoë and Morgan, a bespoke jeweller in Auckland Photo: Alexia Russell Zoë Williams is the co-owner and says at the moment more than half of her customers are opting for a lab-grown diamond - but it's a really changeable situation. She tells The Detail that many customers come in who don't know what lab diamonds are, or who think they're fake. "It's been fun just to be able to chat about the different processes ... obviously the way diamonds have been extracted through history is really horrible." However, the increasing popularity of lab diamonds has forced the "natural" diamond industry to improve its game, with more ethical operations and giving back to the communities they're taken from. Williams explains how jewellers can trace the origins of mined stones using the code each one comes with. "In modern times, all of those mining processes have had to become much more ethically-minded to come up to speed with how we should be treating our humans in the world. "And that's a fantastic thing. That's what I personally quite like about the lab diamonds coming onto the market, is it's .... caused the other side of the industry to really tidy up their act and to really become a lot more responsible. And within all of these things there's pros and cons ... but I do feel like we've made some great advances in the last few years." But lab-grown diamonds aren't spotless when it comes to sustainability - it takes an immense amount of energy to make them and there are nasty chemicals involved. Williams says the diamond market is also no longer just about engagement rings, but people are buying them to mark special moments in their lives - from the 21-year-old who's celebrating getting a job, to someone who's not waiting for someone to give them a diamond, to those who've made it to 40 and are happy with where they are in life. They might not be quite the investment they used to be sold as, but Williams questions if that really matters. "Sometimes I like the idea that it doesn't stand up financially, but it holds an incredible story and it holds a lot of personal value, and I think that's really important as well." Check out how to listen to and follow The Detail here . You can also stay up-to-date by liking us on Facebook or following us on Twitter .
RNZ News
4 days ago
- Business
- RNZ News
Diamonds and their pearls moment
Lab-grown diamonds, indistinguishable from mined diamonds, are flooding onto the market, at a tenth of the price of those that came out of the earth. Photo: Alexia Russell Diamonds are having a pearls moment. Once upon a time pearls were the world's most valuable jewellery item - their extreme rarity making them the way to display wealth to the world. But in the early 1900s Japanese pearl famers worked out how to culture them and for the first time, a string of round pearls became affordable and obtainable. Now, lab-grown diamonds, indistinguishable from mined diamonds, are flooding onto the market at a tenth of the price of those that came out of the earth. But before you rush out to buy a ring that will give you more bang for your buck, think again - the price of yellow gold has risen so much that if you want your sparkler set in a gold band, it could well have cancelled out your savings. "We've had big movements in diamond prices, in both mined and lab diamonds, over the past five years," says Newsroom senior business reporter Alice Peacock. "A lot of jewellers, a lot of retailers have been getting into the lab space, and manufacturing of lab diamonds has increased a lot over the last decade. They've been around for a few decades but have really taken off in popularity over the last 10 years. "There's a bit of confused terminology around what lab diamonds are, but they are real diamonds. The chemical and the physical makeup of them is exactly the same. Essentially you can't tell the difference. I think people have different ideas about the ethics of them, but again that's a bit of a murky area." The split between customers who want a lab or a mined diamond varies greatly between outlets, but Peacock says Michael Hill Jeweller told her it's still lower than 50 percent. In its Canadian and Australian stores however, the demand is higher. In the US demand is soaring. Zoë and Morgan is a bespoke jeweller in Auckland. If you look at the company's website you will see side by side two rings, a two-carat lab diamond for $6,000, and a mined diamond of 1.01 carats for $16,700. Zoë Williams is the co-owner of Zoë and Morgan, a bespoke jeweller in Auckland Photo: Alexia Russell Zoë Williams is the co-owner and says at the moment more than half of her customers are opting for a lab-grown diamond - but it's a really changeable situation. She tells The Detail that many customers come in who don't know what lab diamonds are, or who think they're fake. "It's been fun just to be able to chat about the different processes ... obviously the way diamonds have been extracted through history is really horrible." However, the increasing popularity of lab diamonds has forced the "natural" diamond industry to improve its game, with more ethical operations and giving back to the communities they're taken from. Williams explains how jewellers can trace the origins of mined stones using the code each one comes with. "In modern times, all of those mining processes have had to become much more ethically-minded to come up to speed with how we should be treating our humans in the world. "And that's a fantastic thing. That's what I personally quite like about the lab diamonds coming onto the market, is it's .... caused the other side of the industry to really tidy up their act and to really become a lot more responsible. And within all of these things there's pros and cons ... but I do feel like we've made some great advances in the last few years." But lab-grown diamonds aren't spotless when it comes to sustainability - it takes an immense amount of energy to make them and there are nasty chemicals involved. Williams says the diamond market is also no longer just about engagement rings, but people are buying them to mark special moments in their lives - from the 21-year-old who's celebrating getting a job, to someone who's not waiting for someone to give them a diamond, to those who've made it to 40 and are happy with where they are in life. They might not be quite the investment they used to be sold as, but Williams questions if that really matters. "Sometimes I like the idea that it doesn't stand up financially, but it holds an incredible story and it holds a lot of personal value, and I think that's really important as well." Check out how to listen to and follow The Detail here . You can also stay up-to-date by liking us on Facebook or following us on Twitter .
The Independent
21-05-2025
- Business
- The Independent
Nivoda: the evolution of the worldwide diamond supply chain
Nivoda is a Business Reporter client In an industry where trust and efficiency are paramount, sourcing high-quality diamonds and gemstones shouldn't be difficult. Nivoda is a B2B marketplace transforming how jewellers buy stones. Whether you're a boutique owner or manage a chain of stores, Nivoda's platform is designed to streamline your operations, by offering access to a global inventory of diamonds with just a few clicks. Nivoda has become the go-to solution for jewellers around the world, and here is why. A global inventory at your fingertips Nivoda connects you to a global network of trusted suppliers, giving you access to an unparalleled selection of diamonds, melee and other gemstones. With Nivoda, you're not just limited to local options – you can explore an inventory from across the globe without leaving your store. With real-time updates on stock availability and pricing, Nivoda keeps you ahead of the curve, ensuring you never miss out on sales, as you always have the stone your customers want in stock. Transparent pricing and invoicing Nivoda simplifies the process of dealing with multiple suppliers by enabling you to directly access a vast network of vetted suppliers from around the world, offering pricing that is both transparent and the most competitive in the industry. With the ability to order from multiple suppliers in a single transaction, you can cherry-pick the best-priced stones and only pay one single invoice, in your local currency. Streamlined shipping and logistics With Nivoda, supply chain management is taken care of. Whether you're sourcing from across the street or halfway around the world, Nivoda ensures a seamless experience, handling logistics, paperwork and customs for you. Shopping on Nivoda is as simple as adding your chosen stones to your cart and checking out. From there, your stones are delivered directly to your store, quickly and efficiently, so you can focus on serving your customers, knowing all the administration is handled. Unmatched customer support In an industry which values relationships, we believe in the importance of a personalised service. With the support of your Nivoda Co-Pilot every step of the way, from account setup to placing your first order, you will always have someone by your side. Nivoda's focus is on building lasting relationships with customers, and its support is a key part of that. Nivoda is not just a marketplace, it's a comprehensive business tool. The platform is designed to integrate with your current operations seamlessly. Plug Nivoda Feeds into your website to sell online, or deploy Nivoda White Label Showroom, a virtual showroom giving you access to over two million diamonds, right in your physical store, without having to keep an inventory.
