DDC to Hold Fourth Edition of Israel Diamond Week

(IDEX Online News) – The Diamond Dealers Club of New York (DDC) is to hold the fourth edition of the Israel Diamond Week from October 19-22. The event, organized in cooperation with the Israel Diamond Exchange (IDE), will be held on the trading floor of the DDC.  

Some 100 IDE members are scheduled to attend the event. “[W]e will be working with our American colleagues, putting the right goods into their hands toward the upcoming holiday sales season in the United States,” said IDE president Shmuel Schnitzer. “We have what the American market likes to buy. And I am sure that our members will create win-win business scenarios with their American counterparts."

DDC president Reuven Kaufman said that the event provides a boost for further business development and higher business volumes. “Expectations are that the retail jewelers will see increased business in the upcoming holiday season,” he said. “We need to be prepared to provide the merchandise, and I am sure that our strength will be in the numbers.”