News Bureau

Conversations with industry leaders at IDMA Congress

Two of the modules of the Conversations with Industry Leaders, to be held during the 40th IDMA Congress in the afternoon of March 28 will delve into the state of the diamond and diamond jewelry markets, try to project where the market is headed and look into the often uneasy relationship between natural diamonds and lab-grown diamonds.

The conversation participants who will try to make sense of the industry's future course are Dave Bonaparte, CEO of Jewelers of America; Pranay Narvekar of Pharos Beam Consulting, a renowned diamond industry analyst; David Kellie, CEO of the Natural Diamond Council; and Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO).

"It will be interesting to hear a leading industry analyst present the cold facts, learn what the CEO of the biggest jewelry retail organization in the U.S. says about the factors that impact the industry's current and projected performance, and from the NDC what is needed to promote diamonds and diamond jewelry and how to sustain the consumer market's interest and confidence in diamonds and diamond jewelry," IDMA President Ronnie VanderLinden noted.

"Many of our members' businesses have verticalized their business models and are getting into jewelry manufacturing and retail. That requires different skill sets. Therefore, these conversations are highly relevant also to us," Nissim Zuaretz, President of the Israel Diamond Manufacturers Association (IsDMA), added.

More information about the attending speakers will follow during the coming days.

The afternoon's sessions will run from 13:00 to 17:00 hours on March 28. They will include conversations about the State of the Diamond Market; a review of the US diamond and diamond jewelry retail markets; a discussion about the correlation between the diamond and lab-grown diamond markets; and the a.m. session on industry finance and diamond technology.

The "Conversations with Industry Leaders" will be open to all Congress delegates, Israel Diamond Week participants, and the Israel Diamond Exchange badge holders. However, space is limited, and priority will be given to delegates and those who registered for the IDMA Congress in advance. Registration is free!

IDMA's 40th Congress is sponsored and co-organized by the Israel Diamond Manufacturers Association (IsDMA) and the Israel Diamond Institute (IDI).

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