Despite the worldwide economic crisis and political unrest in Thailand, the Bangkok Gems & Jewelry Fair seemingly turned in a strong performance last weeek. Attendance held steady. Trade receipts amounted to $784 million and 1,115 companies exhibited. JCK Online Oct. 10, 2008
Indian-Korean JV Plans to Launch Shopping Network in India
Star India and CJ Home Shopping Co. of Seoul, Korea, have formed a joint venture company, called Star CJ Network India, and plan to introduce TV home shopping to India early next year. “Currently, the home shopping genre is largely unorganised with only a few players airing ‘paid-programmes’ on existing networks.” Star India is India’s largest cable channel and CJ Home Shopping introduced TV shopping to Korea back in 1995. The new network will be called Star CJ Network India. Business Standard (India) Sept. 28, 2008
Amidst Talk of Financial World, Hong Kong Jewelry Show Exhibitors Report Mixed Results
An emerald seller reported strong sales, despite slower traffic in the Fine Design Pavilion, and attributed his good fortune to the relatively small number of emerald specialists. Another seller said that the show wasn’t “…as spectacular as usual,” but noted that sales at his firm’s lower and mid-range jewelry booth were holding up ok. Other exhibitor cited the importance of a diverse product line and, especially, diverse geographic markets as important factors in maintaining sales in a down economy. International Diamond Exchange Sept. 21, 2008

