RAPAPORT… Hong Kong Trade Fair: Senior leaders and retailers in the global jewellery trade have today issued a stark warning to the industry at a seminar at the Jewellery and Watch Fair in Hong Kong – put reputation at the heart of your business or risk compromising future success. Speaking at the “Importance of Reputation" seminar sponsored by CIBJO (the World Jewellery Confederation,) the Council for Responsible Jewellery Practices (CRJP,) the De Beers Group, and Jewellery News Asia, Dr Gaetano Cavalieri, president of CIBJO, said: “We are witnessing the rise of the conscious consumer....

RAPAPORT… Hong Kong Show activity strong for Far East buyers/sellers on hot demand from Asia; dollar declines drive Indian trade to look past the United States for alternative markets; Ronald Friedman, president of the Diamond Manufacturers & Importers Association of America, talks about a new industry credit reporting tool; and Wayne Prentice explains how his new Troy Diamond Report differs from other pricing guides in the diamond trade....

News: Trading markets active as dealers prepare for important Hong Kong show. Fine quality large 4ct+,G+,VS1+ goods hot....

The GIA Insider published an article noting that although the demand for diamonds of two carats and above is going strong, manufacturers from India – the world`s largest manufacturing center — may soon have to face a decline in demand. The article noted that US and European retailers have reduced orders, and excess inventories reportedly range between $900 million to over one billion dollars....