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Elliot Krischer to Head NY Diamond Dealers Club
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The Diamond Dealers Club of New York has elected Elliot Krischer as its new president, replacing Reuven Kaufman, who served in the position since 2011. Krischer (pictured), who is the CEO of Esskay Gems, was...
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Polished Markets
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Nov 26, 2020
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Rapaport News
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New York’s Diamond Dealers Club Reopens
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New York’s Diamond Dealers Club (DDC) unlocked its doors on Tuesday, with social distancing in place, after the city entered phase one of its reopening plan.“Based on my conversations with members, I felt it was the highest...
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Polished Markets
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Jun 11, 2020
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Joshua Freedman
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New York’s Diamond Dealers Club Closes
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New York’s Diamond Dealers Club (DDC) has shut due to the coronavirus outbreak in the US, the organization said in a note to members earlier this week.“We do not take this action lightly, but our first...
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Polished Markets
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Mar 19, 2020
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Rapaport News
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NY Dealer Sentenced in Memo Theft Case
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A New York diamond wholesaler was sentenced to five years of probation and ordered to pay $65,000 after stealing nearly $600,000 in loose diamonds sent to him on memo.Isaac Dayan, whose business operates under the name Diamonds...
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Polished Markets
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Feb 27, 2020
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Leah Meirovich
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Rapaport Sees Opportunity for Dealers Amid Turmoil
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In 2100,the diamond industry will look vastly different from its current makeup, MartinRapaport assured diamantaires at the recent Antwerp Rough Diamond Days event. Mostnotably, it will be less influenced by the mining companies as demand dynamicsincreasingly...
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Polished Markets
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Nov 26, 2019
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Avi Krawitz
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US Looks to Tighten Jewelry-Origin Rules
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The US government wants the jewelry industry to declare the origin of all materials in products, trade organizations learned this week.State Department officials met with industry representatives on Monday to brief them on the plans.The possible rules...
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Financial-Legal
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Apr 18, 2019
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Joshua Freedman
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Podcast: The New York View
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Rapaport News caught up with Reuven Kaufman, president of New York’s Diamond Dealers Club (DDC), to gauge the mood in the US trade at the start of 2019.Retailers had a good holiday season, but have been wary about...
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Polished Markets
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Jan 31, 2019
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Rapaport News
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Industry Hopes to Appeal FTC Rulings
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The World Federation of Diamond Bourses (WFDB) intends to persuade the Federal Trade Commission (FTC) to change its decision regardingthe description of a diamond. In its new jewelry guidelines, the FTC stated the term“diamond” does not...
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Polished Markets
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Jul 29, 2018
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Rapaport News
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DDC Signs Deal with Chinese Bourse
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The Diamond Dealers Club (DDC) has signed a memorandum of understanding(MoU) with the Shanghai Diamond Exchange (SDE) in an ongoing effort to facilitatebusiness opportunities. The SDE delegation’s visit to the New York-based DDC is the Chinese bourse’s...
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Polished Markets
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Mar 19, 2018
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Rapaport News
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Reuven Kaufman to Head New DDC Board
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Reuven Kaufman has been reelected as president of theDiamond Dealers Club (DDC) of New York, a position he has held since 2011, thediamond exchange said Wednesday. Reelected officers joining Kaufman (pictured) areIsrael Ashkenazy, as vice president,...
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Rough Markets
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Feb 22, 2018
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Rapaport News
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Comment: Making the Most of Memos
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Effective inventory management is vital in the challengingbusiness environment the jewelry industry is experiencing lately. Insufficientinventory can lead to lost sales; excess inventory ties up capital and incursfinance charges when merchandise is acquired with loans. For...
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Polished Markets
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Feb 21, 2018
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Robert A. Hoberman
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Diamond Dealers Club Opens New Trading Floor
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The Diamond Dealers Club (DDC) of New York hasmoved into its new home in the International Gem Tower. The opening event at the upgradedpremises was the seventh India Diamond Week, which attracted more...
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Polished Markets
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Jan 28, 2018
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Rapaport News
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Diamond Dealers Club to Move Office in June
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New York’s Diamond Dealers Club (DDC) has finalized its moveto the city’s International Gem Tower (IGT) and will relocate its offices therenext month.The DDC has closed on the purchase with Extell...
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Polished Markets
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May 29, 2017
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Rapaport News
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NY Diamond Dealers Club to Get New Home
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The Diamond Dealers Club (DDC) of New York will move to new premisesat the International Gem Tower (IGT), enabling more companies to beat Manhattan’ssky-high rents by relocating their offices to the trading floor. The DDC...
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Polished Markets
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Feb 15, 2017
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Rapaport News
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Steady Traffic at NY-Israel Diamond Week
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More than 115 exhibitors and “several hundred” buyersattended the first two days of the Israel Diamond Week at the Diamond DealersClub (DDC) of New York.The three-day show, organized by the DDC in collaborationwith the Israel...
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Polished Markets
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Nov 02, 2016
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Rapaport News
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India Diamond Week Draws Big Visitor Numbers
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More than 60 exhibitors and “several hundred” buyersattended the fifth India Diamond Week at the Diamond Dealers Club (DDC) of NewYork this week.The event, organized by the DDC and India’s Gem &Jewellery Export Promotion...
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Polished Markets
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Aug 25, 2016
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Rapaport News
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DDC Consolidating New York Supply at Vegas Show
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The Diamond Dealers Club (DDC) of New York will display diamondssupplied by its members in a separate DDC booth at the JCK Las Vegas show whichbegins this week. The DDC will continue to host a pavilion where...
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Polished Markets
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May 30, 2016
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Rapaport News
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Polished Markets
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Jan 11, 2016
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Rapaport News
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Financial-Legal
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Nov 09, 2015
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Rapaport News
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Manufacturing
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Oct 21, 2015
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Rapaport News
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