The announcement coincided with its full-year results, with growth driven by its jewelry brands.
DEF Donates $130K to African School
The Diamond Empowerment Fund has made another donation to the African Leadership Academy, the Johannesburg-based program that helps prepare students for college.
New York--The Diamond Empowerment Fund has made another donation to the African Leadership Academy (ALA), the two-year program based in Johannesburg, South Africa that helps prepare young students for college.
At a ceremony held recently at the Yale Club in New York City, DEF presented ALA leaders with a check for $130,000, bringing DEF’s total donations to ALA to $750,000.
ALA co-founder Chris Bradford, along with board Chair Liz Gips and Executive Director Tim McChristian, were on hand to receive the check.
In addition, at the event, CNN International anchor and correspondent Robyn Curnow moderated a discussion on opportunities for entrepreneurship in Africa with Zimbabwean businessman and philanthropist Strive Masiyiwa, founder of international telecommunications group Econet Wireless.
Also present were several ALA graduates, including Bradley Opere from Kenya, who currently is the student body president at the University of North Carolina at Chapel Hill.
DEF’s support of ALA and other programs in diamond communities are made possible through the funds the organization raises at its annual Diamonds Do Good Awards gala, which is now held in Las Vegas in June, in conjunction with JCK Las Vegas and the other trade shows.
ALA is just one of the education initiatives that DEF supports.
The academy stresses leadership, entrepreneurship and African studies. Students return to their home countries after college graduation to apply what they’ve learned to building and improving their own communities.
The Latest
Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
Jewelry trade show veterans share strategies for engaging buyers, managing your time effectively, and packing the right shoes.
Despite the rising prices, consumers continue to seek out the precious metal.
This little guy’s name is Ricky and he just sold for more than $200,000 at Sotheby’s Geneva jewelry auction.
Though its website has been down for a week, Christie’s proceeded with its jewelry and watch auctions on May 13-14, bringing in nearly $80 million.
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
The annual list recognizes young professionals making an impact in jewelry retail.
Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
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.
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.