Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
White Pine opens Mumbai office
White Pine Trading is increasing its emphasis on its Indian operations with the opening of a new location in Mumbai, marking its fourth internationally.
Mumbai--White Pine Trading is increasing its emphasis on its Indian operations with the opening of a new location in Mumbai, marking its fourth internationally.
Led by Director Hardik Shah, formerly with manufacturer Shrenuj, the new office will facilitate daily brokerage of White Pine’s recycled diamonds and supply from third-party clients in the United States and Europe to provide local buyers with faster access to diamonds.
It’s located at the Bharat Diamond Bourse in the Bandra Kurla Complex.
Coinciding with the office’s opening, White Pine India kicked off its 2015 diamond auction program with an event held on Feb. 16 to 19 at the Trident Hotel BKC, marking the company’s first diamond auction in India since 2013.
More than 160 companies attended the event, which featured more than 35,000 carats of melee diamonds primarily for manufacturing, as well as a large variety of mixed and assorted parcels of all qualities, shapes and sizes.
The company’s next Indian auction is slated for April 6 to 9 at the same venue, with at least two more sales to be held throughout 2015.
“We continue to focus on strategically augmenting our business and see significant growth opportunity in the region,” said White Pine CEO Ben Burne. “Hardik’s knowledge of the local market and expansive network of contacts will be a tremendous asset to White Pine India.”
In addition to its new Mumbai office, White Pine also has locations in Tokyo and Birmingham, U.K., as well as its headquarters in New York City.
It buys second-hand diamonds of all sizes and grades them both loose or set in jewelry, remanufacturing chipped, damaged and poorly cut diamonds. White Pine said it uses a large portion of these diamonds in jewelry and resells the rest to its network of retailers and manufacturers.
Its Jewelry Solutions division also provides consulting and other services to retailers, manufacturers, wholesalers and asset-based lenders in the industry.
The Latest
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
Despite the rising prices, consumers continue to seek out the precious metal.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Sponsored by the Las Vegas Antique Jewelry and Watch Show
Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.
Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
The Indian jeweler’s new store in Naperville, Illinois marks its 350th location, part of its ongoing global expansion plans.