The Russian market of Internet trade has increased more than in 3,5 times

According to the research of AnalyticResearchGroup, for last 6 years the Russian market of Internet trade has increased more than in 3,5 times. Following the results of 2010, the total market has reached 180 bln rbl., exceeded an indicator of 2009 on 20 % (150 bln rbl.). Average growth of the market makes 30 %. Under forecasts of market players, such growth will continue for the next 5 years.

The 2nd brand jewellery store "Gold& Art has opened In Yuzhno-Sakhalinsk

On March, 2nd, 2012 a new jewellery store "Gold& Art" has opened in Yuzhno-Sakhalinsk city.

The location of new store is specially chosen for convenience of buyers: it is in the step availability from the business and administrative center of the island capital. In finishing of new store the firm design of interiors of furniture and the trading equipment «Gold&Art» prevail, however in this case a little cameration, dullness and luxury are added that underlines its special style.

For the first month of 2012 jewelers in Russia have made on 15 % gold jewelry

The Assay Chamber has put at disposal of RIA "RusJewellerExpert " the data about quantity and weight of the products provided for assaying and stamping in the State Inspectorate of Assay Supervision for January 2012.

ALROSA's Sales +21%

ALROSA's sales of rough and polished diamonds in the first two months of 2012 rose 21 percent to $694 million, the company reported. ALROSA reported sales of $574 million for the corresponding period in 2011.

Russia's diamond polishing industry looks forward to renewed growth

Antwerp , Belgium - March 1, 2012: Russia's diamond manufacturing industry is slowly but surely emerging from the severe crisis it experienced since 2009, when polished diamond production fell to an unprecedented low of US$350 million. However, according to a report submitted by the Russian Diamond Manufacturers Association (RDMA) to the International Diamond Manufacturers Association (IDMA), the Russian Federation's diamond industry's production is on the rise, and it is expected that the supply of rough to the industry will increase significantly soon after the presidential elections later this month, leading to double digit growth in the output of polished goods.

Russia to Sell Precious Metals, Jewels worth $383 Mln in 2012

Russia's State Repository for Precious Metals and Jewels plans to sell silver worth about six billion rubles ($201.5 million) and diamonds worth 5.4 billion rubles ($181.3 million) in 2012, a source in the Finance Ministry told Prime news agency.

"We will sell silver and some palladium [in 2012]. We plan to sell diamonds worth over five billion rubles at an auction," the source said late on Monday.

«Gold and Art» is a new brand on the jewelry market

Expecting New Year the new jewelry store «Gold and Art» has opened in Yuzhno-Sakhalinsk. Representatives of the municipal administration of Yuzhno-Sakhalinsk, heads of leading enterprises of Russian jewelry branch and show business stars became the visitors of the presentation.

The jewelry store «Gold and Art» settled down on the central city street and automatically attracted attention of citizens: there was healthy agiotage at the shop. The visitors were entertained by the capital actors - Pier Nartsiss and Elena Kukarskaya who "parted” directly on the steps. After a solemn greeting and official speeches all the visitors have been invited inside. There were so many people that a real jam has happened in the doorway. As a whole in the opening day the new jewelry store was visited approximately by 700 people.

Alrosa Seeing Improved Rough Market, to Resume Tenders

Alrosa sold $318 million worth of rough and polished diamonds in January in what it called a "sustained growth" market. The improving trade environment has prompted the company to resume its tenders.

The Russian diamond miner said demand for rough improved in January compared to demand in the fourth quarter of last year.

Russia: seven companies will obtain licenses for export of diamonds

The government of the Russian Federation charged the Ministry of Industry and Trade to issue general licenses for export of diamonds in 2012 to seven companies, including  JSC "ALROSA", the corresponding order was placed on Thursday in the databank of federal normative and administrative documents.

Meeting of ALROSA Executive Committee

On December 13, 2011 ALROSA’s Executive Committee held its meeting andconsidered ALROSA’s consolidated budget for 2012. The Executive Committee approved the following planned figures of the Company’s consolidated budget for 2012. As compared to 2011, rough diamond production by ALROSA Group will grow 152,300 carats, up to 34.6 million carats. It is planned to sell rough and polished diamonds for some USD 5,074 million.

Faberge Introduces its First Advertising Campaign

Fabergé launched its first advertising campaign, which was shot by Mario Testino and showcases dramatic jewels from the iconc brand's striking contemporary high jewelry collections, Les Fabuleuses de Fabergé and Les Saisons Russes. Additionally the campaign features the new and signature  egg pendant collections, Les Fameux de Fabergé and Les Favorites de Fabergé.

«Alrosa» has increased sales of diamond production to $3,6 bln

Faberge to Open Boutique in Manhattan

Fabergé will open a boutique at 694 Madison Avenue in New York, marking the brand's first location in the U.S., according to its leasing agent RKF. Faberge will occupy an 850-square-foot, ground-floor selling space and a 500-square-foot basement. The boutique is scheduled to open in second quarter of 2012.  Fabergé will open a boutique in London, at 14a Grafton Street, in addition to its U.S. location.

Kristall Revenues +75% in First 9 Months of 2011

Kristall of Smolenk, the Russian state-owned diamond manufacturing company, reported that revenues rose 75 percent year on year to $438 million (RUB 13.4 billion) in the first nine months of 2011. Of the total, 98.3 percent of revenue was generated by export sales while the remaining 1.7 percent was from the domestic market in Russia.
Kristall’s net income grew 96 percent to $11.7 million (RUB 358.2 million).

Russia is world’s top source of rough diamonds

Russia is the world's largest source of rough diamonds, accounting for 23.5% of the total diamond production in terms of volume, and 25% in terms of value in 2010.