Diamonds are more attractive for investors because they don't take up much space and demand is outstripping supply, Choksi said. Prices of top-quality gems climbed 22 percent in 2011, the biggest advance since at least 2006, according to the Rapaport Diamond Trade Index. The index calculates the average price for the top 25 best-quality 1-carat diamonds. A carat is equal to a fifth of a gram. Gold rose 10 percent last year.Global demand for diamonds will increase by an average of 6.4 percent a year to almost 247 million carats by 2020, while output may rise an annual 2.8 percent to 175 million carats, Bain said in a report in December.
OAO Alrosa, the world's largest diamond mining company by output, increased first-quarter sales by 26 percent to $1.2 billion as demand in India, China and the U.S. expanded, the Russian state-owned miner said April 9. De Beers, the supplier of about a third of the world's unpolished diamonds, reported a 27 percent increase in sales last year.Choksi introduced the country to branded jewelry in 1994 by establishing its first jewelry brand, Gili, and has since increased his tally to 70 worldwide."If you sit on a fast horse, you win the race," said Martin Rapaport, the chairman of Rapaport Group, which operates the diamond pricing service. "As long as consumer demand continues to flourish in India and the government doesn't create problems, Choksi will sit on a fast horse.If you cannot get a watch for all the occasion, you can always choose ladies Porsche Design watches that go with all the dress. You never have to worry when it comes to watch, because you have plenty in the market to choose from. Watches can be cheap or costly. It purely depends on how much money you want to spend."
Demand for retail space in the Central district also is escalating. Inditex SA's Zara, the Spanish clothing retailer, has agreed to lease a 55,000-square-foot shop on Queen's Road Central, the main shopping street, for HK$11 million a month, the Ming Pao newspaper reported on April 16, citing unidentified people. The shop is currently occupied by Sweden's Hennes & Mauritz AB, Europe's second-largest clothing retailer, which is paying HK$5 million a month, according to the report.Inditex-owned Massimo Dutti and Cos, a brand owned by H&M,Greater you uncover out the critiques and ratings or take testimonials from your pals and households before deciding on any on the discount Swiss watches shop for your acquire. Movado watches that are created with leather bands are also an ideal option for just about every occasion and location.They also want a trendy observe that they feel reflects their character. are also opening shops along Queen's Road Central, where watch shops and jewelers abound.
"High rents aside, tenants in Hong Kong have little bargaining power,Most of the companies offer worldwide services for selling discount Breitling watches and have a full fledged service helpline and customer friendly website to choose their variety of watch as per their profession in the gallery of Omega watches, with specific details of every model and one can also place an order online on these websites." said Eddie McDougall, owner of the liquor seller the Flying Winemaker. McDougall opened his shop in November in Lan Kwai Fong, the bar and restaurant area near Central.He spent almost six months looking for a shop. He said rents along Queen's Road Central were too high, while mall operators such as the IFC put him on a one-year waiting list.Retail sales at Causeway Bay's Times Square, with tenants such as Alfred Dunhill and Vivienne Westwood, rose 24 percent in 2011 with full occupancy, Wharf said in its annual report.
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