The announcement coincided with its full-year results, with growth driven by its jewelry brands.
DEF Highlights Work of Okavango Diamond Company
The company has a program that provides entrepreneurship training to youth in Botswana.
New York--The Diamond Empowerment Fund is highlighting a program in Botswana that provides entrepreneurship training to youth there.
The Okavango Diamond Company’s Youth Entrepreneurship Programme (ODC-YEP) exposes youth in Botswana to the diamond industry and provides formal training to help them explore and develop any entrepreneurial ambitions. Okavango is a rough diamond marketing company that’s wholly owned by the Botswana government.
“Entrepreneurship has been identified as part of a number of solutions to address unemployment in Botswana,” said ODC’s Managing Director Marcus Ter Haar, a DEF board member. “It is important for us as stakeholders in the industry to do all in our power to ensure the success of the country in which we do business and the people that live there.”
DEF is highlighting the work of the ODC-YEP via a profile posted on its website that targeted millennials through DEF’s social media-based Diamonds Do Good initiative.
More examples of how the jewelry industry gives back will be highlighted at the Diamonds Do Good gala, scheduled to take place Thursday, May 31 in Las Vegas.
De Beers CEO Bruce Cleaver is being recognized for De Beers’ partnership with UN Women, with the goal of achieving parity in appointing women and men into senior leadership roles.
In addition, DEF is recognizing the government of the Northwest Territories in Canada for responsible diamond mining practices that work to ensure a sustainable future for wildlife and indigenous tribes.
For more information or ticket to the gala, visit DiamondsDoGoodAwards.org.
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.