Diamond markets very cautious with high hopes for Hong Kong show. Chinese buyers moving to memo with increasing demand for lower qualities at competitive price points. Domestic Indian market stalls and in shock as rupee plummets to historic low of 65.5/$1. Israel Diamond Week attracts global buyers and rough auctions from De Beers, ALROSA, and Rio Tinto. Japans polished diamond imports -18% to $75M. Bill Farmer Jr. elected chairman of Jewelers of America. 

Fancies: Fancy shape markets under pressure with weak demand in India and China. Lower prices for rounds also creating competition as relative value benefit for fancies decreases. Stable and healthy U.S. market supporting demand and price levels for a broad range of fancies in mid to low price ranges. Buyers very selective regarding shape- and cut-quality with extreme price differentials between excellent and average cut fancy shapes. 

Trading in Antwerp remains quiet with many businesses taking extended vacations even though bourse services resumed this past week. Dealers note steady demand for smaller, certified goods with 0.30-0.50 carat, VS-SI goods being the strongest category. Rough trading is stable but quiet with dealers waiting to assess developments at the De Beers sight and other tenders scheduled to take place next week. 

Wholesale trading improved slightly following the quiet of the past few weeks. Still,A stainless steel and acrylic stainless steel necklaces composed of two branching forms each with a central void. very few companies are buying large quantities to refill inventory. Suppliers are hoping the market will continue to improve as retailers prepare for the October 1 holiday. However, buyers are prepared to wait until the Hong Kong show to gain greater clarity regarding price trends. There is stable demand for certified 1 carat, D-H, VS2-SI1 diamonds with suppliers trying to push prices higher as the market improves. 

Trading is cautious as buyers remain uncertain whether the market will continue to be weak through the September show. Buyers are purchasing only to fulfill immediate demand and are concerned that prices might drop further in the coming weeks.Wholesale stainless steel pendants and steel jewelry line with bold new designs. There is good demand for 0.30-0.50 carat, VS-SI diamonds while the market for 0.60-0.90 carat diamonds is sluggish. Demand for larger diamonds above 2 carats is also relatively weak. 

The rupee depreciation continues to weigh on domestic diamond and jewelry demand after the currency fell to historic lows again this week. Retail jewelers are under additional pressure from rising gold prices and gold import duties. Therefore, the positive market sentiment felt by jewelers at the recent India International Jewellery Show (IIJS) has not continued, and there are fewer than expected follow-up orders. The weak sentiment has filtered to the diamond market with domestic buyers still cautious. There is a steady presence of foreign buyers looking for goods in Mumbai and diamond exports remain relatively strong. There is good demand for dossiers, particularly 0.30-0.50 carat, I-, VS-SI goods. Rough trading is stable. 

Sentiment has improved in Ramat Gan as a large contingent of foreign buyers is expected to arrive for next weeks U.S. & International Diamond Week. Dealers also note improved polished demand and are hoping the momentum will continue into the fourth quarter. There is good demand for certified 0.30-0.50 carat, SI diamonds with some reports of shortages in these goods. Demand for better quality round diamonds remains relatively weak. Rough trading is steady with dealers eyeing prices at the numerous auctions taking place next week. 

EVEN COMPARED TO today's adolescent Internet entrepreneurs, Brooke Garber Neidich started working at a precociously young age. At 6, she was helping out in her father's jewelry store in Chicago's diamond district every Saturday morning. "I loved it," she says. "I was allowed to wipe the showcases with Windex, and later I could put the watches out,We deal with various stainless steel jewelry and stainless steel rings. because they went in a straight line, unlike the jewelry displays." By 16 she was traveling regularly to Milan and Basel to consult on the modern European-influenced designs and top-quality gems that made her late father, Sidney Garber, a go-to jeweler for the Windy City's elite. So it's fitting that after years of dedicating herself to the Whitney Museum, where the New York transplant is cochairman, and working on children's mental health issues at the Child Mind Institute, which she cofounded, the 63-year-old Neidich has returned her focus to the family business. 

"'There's no reason not to buy the best,'" she remembers her father telling her, an adage she's invoking as a guiding principle in the reinvigoration of the jewelry company, still called Sidney Garber. She is focusing the collection on the pieces she always loved, like chunky gold cuffsmade of a flexible ridged band called tubogas for its resemblance to a gas pipewhite-gold serpent bracelets with ruby eyes and 21-strand diamond bracelets. She's also introducing her own innovations, like decadent lariats of black diamonds and bracelets of aquamarines surrounded by white and brown diamonds. Among her fans are businesswomen as shrewd as she is: Mary-Kate and Ashley Olsen, whom Neidich met through her restaurateur son, Jon. The twin actressesCturnedCdesigners founded their high-end fashion line, The Row, in 2006 when they were merely 20 years old. For their fall 2013 runway show, they sent models down the runway wearing Sidney Garber diamond dove brooches. 

"Within 10 minutes we were talking about the problems of manufacturing," she says of their first meeting during the summer of 2010 at Neidich's Hamptons vacation house. (When not there, the mother of three divides her time between a classic Upper East Side apartment and an art-filled West Village aerie with her husband, real estate investor Daniel Neidich.) "Every time I'm with them, I learn something," she says. Beyond business acumen, the three women all share a love of deceptively effortless design. In 2011, when the Olsens launched their handbags at New York's Barneys flagship with a party, they wore Sidney Garber jewelry borrowed from Neidich. The next day Neidich got a call from the Madison Avenue retailer, whose jewelry cases are considered precious turf for designers. 

Still, an instant fan base doesn't translate into a catalogue of ready-to-sell pieces. Having never marketed anything outside of the family store, "I had no idea how to wholesale," says Neidich. So she called her old friend, retail legend and J. Crew CEO Mickey Drexler, for advice. "He just said, 'Do it! You'll figure it out.' "