Saudi Arabia approves new financial settlement rules for corruption cases    IMCTC launches second phase of Sahel Countries Program in Niger    Riyadh Season 2024 attracts over 18 million visitors    Disaster happened in 'world's most controlled airspace'    American and father of youngest hostages among those due for release from Gaza Saturday    Palestinian born after father was jailed hugs him for the first time    FireAid: Stars take to stage for LA benefit concert    Singer and actress Marianne Faithfull dies at 78    Saudi, Russian foreign ministers discuss regional issues in phone call    MWL chief meets Italian president in Rome; thanking him for supporting two-state solution    Ettifaq sack Steven Gerrard after poor results, appoint Saad Al-Shehri as new head coach    National Cybersecurity Authority launches 2nd phase of Postgraduate Scholarship Program    GASTAT: Real GDP records growth of 4.4% in Q4 2024    Saudi Arabia launches inaugural Art Week Riyadh on April 6-13    HP is redefining the Future of Work with AI    Mona Lisa to be moved as part of major Louvre overhaul    Neymar bids heartfelt goodbye to Al-Hilal: I will always support you    Al-Nassr announces transfer of Brazilian forward Talisca to Fenerbahçe    SFDA chief rules out plan to ban sale of cigarettes or vapes    Al Hilal and Neymar mutually agree to part ways    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Where's the recession for luxury jewelers?
By David Brough
Published in The Saudi Gazette on 21 - 07 - 2009

HUNDREDS of luxury jewelers defied the downturn and partied late into the night on Thursday in glitzy Park Lane at the 2009 UK Jewelry Awards in which avant-garde designer Shaun Leane won a top accolade. Leane, renowned for his darkly romantic catwalk jewelry, scooped the prestigious Jewelry Designer of the Year at the gala, one of the world's premier jewelry events, in the Great Room of the Grosvenor House Hotel.
“No one will deny the last 12 months have been a difficult time,” Sarah Carpin, Editor of Retail Jeweller, Britain's number one jewelry trade magazine and an organizer of the event, told the exclusive gathering of retailers, designers and marketers.
“I hope tonight's awards will not have a ‘party in the blitz' atmosphere,” she said. “Retail analysts are saying that by this time next year we'll be seeing real signs of growth.”
Leane, known for his daring catwalk creations in collaboration with fashion designer Alexander McQueen, beat off tough competition from other leading British jewelry designers Rodney Rayner, David Marshall, Alex Monroe and Tom Rucker.
Leane's work has been described by Sotheby's auction house as “antiques of the future.”
Leane made an impact on the jewelry world recently when he unveiled his largest diamond piece to date with ‘White Light', an intricately crafted 40.68 carat diamond brooch.
Italian inspiration
Italian jewelers and brands came out in force to the event, which held a special category dedicated to the best of Italian design, won by Alessio Boschi, underscoring the prestige of exclusive Italian-crafted jewelry creations.
“We're very pleased to have been nominated and to see Italian designs appreciated,” said Mattia Cielo, whose designer Massimiliano Bonoli was one of the finalists. Mattia Cielo's upmarket brand is distinctive for using the latest technology in combination with light and movement in materials such as amethyst and blue topaz. Platinum jewelry also held center stage, with Britain's Simon Pure winning Platinum Bridal Collection of the Year.
James Courage, CEO of Platinum Guild International, which promotes platinum jewelry, said platinum was better protected from the downturn as the white metal is entrenched in the resilient bridal segment of the jewelry market. “We have seen strong demand for platinum in our ranges,” said guest Jayant Raniga from British-Asian retail jeweller PureJewels, located in the up-and-coming Green Street jewelry quarter of east London.


Clic here to read the story from its source.