{"id":83627,"date":"2022-05-10T11:53:24","date_gmt":"2022-05-10T09:53:24","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=83627"},"modified":"2022-05-10T11:53:28","modified_gmt":"2022-05-10T09:53:28","slug":"gemgeneve-the-jewelry-show-impacted-by-the-war-in-ukraine","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/gemgeneve-the-jewelry-show-impacted-by-the-war-in-ukraine\/","title":{"rendered":"GemGen\u00e8ve: The jewelry show impacted by the war in Ukraine <img class=paid src=\/paid.png>"},"content":{"rendered":"<p>[vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;administrator,editor,author,armember&#8221;][vc_column][vc_column_text]<\/p>\n<h4>After the November 2021 edition and two years of cancellation due to the global pandemic, the jewellery world is back in Geneva. This edition is however affected by the Ukraine-Russia conflict.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><strong>At Palexpo, in Switzerland,<\/strong> high jewelry is back in the limelight for a weekend. The <strong>GemGen\u00e8ve show<\/strong>, intended for professionals and collectors but also for the curious, was held last weekend.<\/p>\n<p>&nbsp;<\/p>\n<p>For the show, no less than <strong>200 exhibitors<\/strong> gathered for the occasion, sometimes coming from far away, like <strong>Susana Grau Batlle<\/strong>, jewelry designer. She came from Washington, excited &#8220;<em>GemGen\u00e8ve is an international event, it brings together the best in jewelry. So for me it&#8217;s a privilege to be here, I&#8217;m very grateful. It&#8217;s a magnificent event, everything is very well presented.<\/em>&#8221;<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/CdFw3s5rfFn\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\">\n<div style=\"padding: 16px;\">\n<p>&nbsp;<\/p>\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">Voir cette publication sur Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" href=\"https:\/\/www.instagram.com\/p\/CdFw3s5rfFn\/?utm_source=ig_embed&amp;utm_campaign=loading\" target=\"_blank\" rel=\"noopener\">Une publication partag\u00e9e par GemGen\u00e8ve (@gemgeneve)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p><strong>But the jewelry business, which had shown remarkable resilience in the wake of Covid, is now facing the collateral effects of the war in Ukraine.<\/strong>\u00a0Indeed, the world&#8217;s largest producer of rough diamonds happens to be Russian. As a result, <strong>Alrosa came under US Treasury sanctions at the beginning of April, a step taken shortly before by Britain and the European Union.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Following these decisions, <strong>Chopard<\/strong> announced on April 3 that it would &#8220;<em>cease the purchase of newly mined diamonds from Russian-sanctioned entities with immediate effect<\/em>&#8220;, while continuing to &#8220;<em>monitor the situation in Russia to ensure that its principles are never compromised, either now or in the future<\/em>&#8220;. Other major industry players such as <strong>Tiffany &amp; Co. and Signet Jewellers Ltd.<\/strong> have also stopped sourcing from Russia.<\/p>\n<p>&nbsp;<\/p>\n<p>For the two organizers of the show, it is difficult to project and predict in the medium and long term, the consequences of the Russian-Ukrainian conflict. <strong>Thomas Faerber<\/strong>, within his company selling gems observes &#8220;<em>more caution and a certain slowdown in activity<\/em>.&#8221;\u00a0<strong>Russia is the largest producer of rough diamonds by volume and as such accounts for 35% of global production.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/en\/gemgeneve-the-jewellery-world-is-back-in-action\/\">GEMGEN\u00c8VE : THE JEWELLERY WORLD IS BACK IN ACTION<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 GemGen\u00e8ve[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=&#8221;not-logged-in&#8221;][vc_column][vc_column_text]<\/p>\n<h4><\/h4>\n<h4><\/h4>\n<h4>After the November 2021 edition and two years of cancellation due to the global pandemic, the jewellery world is back in Geneva. This edition is however affected by the Ukraine-Russia conflict.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><strong>At Palexpo, in Switzerland,<\/strong> high jewelry is back in the limelight for a weekend. The <strong>GemGen\u00e8ve show<\/strong>, intended for professionals and collectors but also for the curious, was held last weekend.<\/p>\n<p>&nbsp;<\/p>\n<p>For the show, no less than <strong>200 exhibitors<\/strong> gathered for the occasion, sometimes coming from far away, like <strong>Susana Grau Batlle<\/strong>, jewelry designer. She came from Washington, excited &#8220;<em>GemGen\u00e8ve is an international event, it brings together the best in jewelry. So for me it&#8217;s a privilege to be here, I&#8217;m very grateful. It&#8217;s a magnificent event, everything is very well presented.<\/em>&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>[&#8230;][\/vc_column_text][vc_cta h2=&#8221;This article is reserved for subscribers.&#8221; h2_font_container=&#8221;tag:h2|font_size:16|text_align:left&#8221; h2_use_theme_fonts=&#8221;yes&#8221; h4=&#8221;Subscribe now !&#8221; h4_font_container=&#8221;tag:h2|font_size:32|text_align:left|line_height:bas&#8221; h4_use_theme_fonts=&#8221;yes&#8221; txt_align=&#8221;center&#8221; color=&#8221;black&#8221; add_button=&#8221;right&#8221; btn_title=&#8221;I SUBSCRIBE !&#8221; btn_color=&#8221;danger&#8221; btn_size=&#8221;lg&#8221; btn_align=&#8221;center&#8221; use_custom_fonts_h2=&#8221;true&#8221; use_custom_fonts_h4=&#8221;true&#8221; btn_button_block=&#8221;true&#8221; btn_custom_onclick=&#8221;true&#8221; btn_link=&#8221;url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F&#8221;]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters&#8230;<\/p>\n<p>Already have an account ? <a href=\"https:\/\/luxus-plus.com\/mon-compte\/\"><b>Please log in<\/b><\/a><strong>.<\/strong><\/p>\n<p>[\/vc_cta][vc_column_text]Featured photo : \u00a9 GemGen\u00e8ve[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;subscriber,customer&#8221;][vc_column][vc_column_text]<\/p>\n<h4><\/h4>\n<h4><\/h4>\n<h4>After the November 2021 edition and two years of cancellation due to the global pandemic, the jewellery world is back in Geneva. This edition is however affected by the Ukraine-Russia conflict.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><strong>At Palexpo, in Switzerland,<\/strong> high jewelry is back in the limelight for a weekend. The <strong>GemGen\u00e8ve show<\/strong>, intended for professionals and collectors but also for the curious, was held last weekend.<\/p>\n<p>&nbsp;<\/p>\n<p>For the show, no less than <strong>200 exhibitors<\/strong> gathered for the occasion, sometimes coming from far away, like <strong>Susana Grau Batlle<\/strong>, jewelry designer. She came from Washington, excited &#8220;<em>GemGen\u00e8ve is an international event, it brings together the best in jewelry. So for me it&#8217;s a privilege to be here, I&#8217;m very grateful. It&#8217;s a magnificent event, everything is very well presented.<\/em>&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>[&#8230;][\/vc_column_text][vc_cta h2=&#8221;This article is reserved for subscribers.&#8221; h2_font_container=&#8221;tag:h2|font_size:16|text_align:left&#8221; h2_use_theme_fonts=&#8221;yes&#8221; h4=&#8221;Subscribe now !&#8221; h4_font_container=&#8221;tag:h2|font_size:32|text_align:left|line_height:bas&#8221; h4_use_theme_fonts=&#8221;yes&#8221; txt_align=&#8221;center&#8221; color=&#8221;black&#8221; add_button=&#8221;right&#8221; btn_title=&#8221;I SUBSCRIBE !&#8221; btn_color=&#8221;danger&#8221; btn_size=&#8221;lg&#8221; btn_align=&#8221;center&#8221; use_custom_fonts_h2=&#8221;true&#8221; use_custom_fonts_h4=&#8221;true&#8221; btn_button_block=&#8221;true&#8221; btn_custom_onclick=&#8221;true&#8221; btn_link=&#8221;url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F&#8221;]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters&#8230;<\/p>\n<p>Already have an account ? <a href=\"https:\/\/luxus-plus.com\/mon-compte\/\"><b>Please log in<\/b><\/a><strong>.<\/strong><\/p>\n<p>[\/vc_cta][vc_column_text]Featured photo \u00a9 GemGen\u00e8ve[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row njt-role=&#8221;people-in-the-roles&#8221; njt-role-user-roles=&#8221;administrator,editor,author,armember&#8221;][vc_column][vc_column_text] After the November 2021 edition and two years of cancellation due to the global pandemic, the jewellery world is back in Geneva. 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