De Beers is currently being faced with some new challenges that are making it necessary for us to consider a change in the way we do business. With recent turmoil in Western Africa‚ where illicit diamonds are beginning to come from war torn villages‚ and other sources of diamonds being found in Russia and Australia‚ it is clear that we need to begin to move into the U.S. market. However‚ legally‚ De Beers is in violation of the U.S. antitrust laws and is therefore being prohibited from selling directly
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1888‚ De Beers followed a strategy of supply control. In addition to mining its own diamonds‚ it bought diamonds from other producers and had what it called the "central selling organization‚" controlling some 90% of the world’s diamonds. Its tight control over such a vast amount of supply enabled De Beers to keep prices high for a commodity that is neither particularly scarce nor useful. If a competitor offered diamonds on the market outside of De Beers’ central selling organization‚ De Beers would
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Blue Nile Inc.; Case Analyst Blue Nile was founded in 1999 and today‚ it is one of the largest online retailers of diamonds. In addition to selling diamonds‚ it also offers platinum‚ gold‚ peral‚ and sterling silver jewelry. It is headquartered in Seattle‚ Washington and it operates in 25 countries‚ offering products through its United States‚ Canada and the United Kingdom Websites. The Company is public traded on the NASDAQ stock exchange and has received several rewards for its service price
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#1 FOR GLOBAL ENTREPRENEURSHIP MGT-2248-330 PREPARED BY: ALEXANDRA SOKOLOVA PREPARED FOR: DAWID NEWING COMPANY NAME: “ALMAZJUVELIREXPORT” WWW.ALMAZ.RU COMPANY DESCRIPTION AND INFORMATION “ALMAZJUVELIREXPORT” stands for –“Almaz”(rough diamond) -“juvelir”(jeweler)‚ and “export” is evidently clear. Company profile info: State-Owned Unitary Enterprise Foreign Trade Association v/o "Almazjuvelirexport". 25 block 1‚ Zubovsky Boulevard‚ Moscow 119021‚ Russia. Tel.: (095) 245-3410‚ 245-3420
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Tiffany&co can be seen in every advertising video or picture‚ and even in their products. The topic is very interesting in two aspects: First of all‚ it is very rich of symbols. As mentioned‚ they can be seen in the jewelry. For example‚ a diamond heart pendant. The heart has long been used as a symbol relevant to the mental‚ emotional‚ moral‚ and in the past also as a symbol of intellectual core in man. As widely believed that the heart is the core of the human mind‚ the word "heart" is still
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A Summer Training Report Undertaken at H.K. Jewels Pvt. Ltd. BBA PROGRAMME (Year 2012-2013) Submitted By: BUHA KINJAL (17) BUTANI CHETNA (18) Submitted To: B.R.C.M. COLLEGE OF BUSINESS ADMINISTRATION V.T. Choksi College Campus‚ Lal Banglow‚ Athwalines‚ Surat - 395001 DECLARATION I‚ KINJAL BUHA & CHETNA BUTANI‚ the undersigned‚ here by‚ declare that this dissertation titled “H.K. JEWELS PVT. LTD.” is an original and bonafide work carried out under
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Classification: 6 Polished Diamonds 6 Gem Stones 7 Gold and Jewellery 7 Synthetic Stones 7 GLOBAL TRADE 7 OBJECTIVES OF THE STUDY 8 Diamond trading hub 8 High-end jewellery 8 SIZE 8 OUTLOOK 9 SHARE OF INDIAN MARKET 9 SWOT ANALYSIS OF INDIAN GEMS & JEWELLERY INDUSTRY: 10 Strengths: 10 Weaknesses: 10 Opportunities: 10 Threats: 10 KEY INDIAN MARKETS 11 ONE OF THE INDUSTRY IN INDIA 12 SU-RAJ GROUP 12 Manufacturing process 13 Diamonds: 13 Jewellery: 13 Awards
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in the jewellery industry‚ is a company that dominates diamond industry. The core operational of De Beers includes diamond mining‚ diamond shops‚ diamond trading and industrial diamond manufacturing sectors. De Beers is active in every category of industrial diamond mining: open-pit‚ underground‚ large-scale alluvial‚ coastal and deep sea. The company’s headquarter located in Johannesburg‚ South Africa. As the vertically integrated diamonds producer‚ De Beers also controls the power of supply to
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Blue Nile is retailer of certified diamonds and fine jewelry. The company is built on a unique idea: choosing an engagement ring doesn’t have to be complicated and making the right choice can be easy because it divides diamond into few categories and easier the users to choose based on the categories. Besides that‚ Blue Nile is a publicly traded company listed on the NASDAQ under the symbol NILE and has been awarded the Bizrate.com Circle of Excellence Platinum Award‚ which recognizes the best in
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Another barrier to entry for new firms is the large capital expenditure required to obtain necessary plants and equipment for a product. Industries like aluminum and diamonds are examples of markets which have large capital requirements for entry. De Beers is a private collection of companies concerned with the mining and trading of diamonds world-wide. De Beers is well-known for its monopolistic behavior in
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