Introduction Petra Diamonds Limited is an independent diamond mining and exploration company that supplies rough diamonds to the international market. Although its management claims that it has a diversified portfolio, most of its production arises in South Africa, with a very small proportion of production coming from Tanzania. It currently owns prospecting rights in a mineral rich region of Botswana and would be well placed to benefit from any discovery. Petra Diamonds Limited listed on London’s
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Paris Exposition Universelle Tiffany & Co becomes the first American firm to win an award for the excellence of its silverware. 1878: Presenting the Tiffany Diamond Charles Tiffany purchases the Tiffany Diamond – one of the world’s largest and finest yellow diamonds. The stone is cut into 128.54 carats with 90 facets. Today, the diamond is seen by millions of customers on the first floor of Tiffany’s famed New York
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DeBeers Alternative Solutions 1. Stay in current industry and go into synthetic diamonds for industrial purposes. * This will not damage the brand name that they have created for themselves in the natural diamond industry as opposed to if they decided to do both synthetic and natural diamond industry. * Less risk if they decide not to enter a new industry that is growing, however not positive if maybe just a fad. * If they stay in current they have to do product development which
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“Three Mistakes” Beiqi Deng Business Law Camden Country College Dr. Dennis Hurley 12/01/2009 posted in Money & Taxes Three Dumb Mistakes Foreign Companies Do In China A month ago, Apple sold only 5
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Blue Nile is currently faced with some problems which have to be immediately addressed if they want to continue to prosper and are listed below. • Losing market share to rivals and net income is decreasing • Rising online market costs • Rising diamonds and precious metal costs • Minimal international exposure • Conflicting elements in the strategy RISKS Blue Nile created a niche market by selling quality jewellery online which was different from the customary brick and mortar operations
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A Diamond Personality Annette Neblett University of Phoenix Managing Criminal Justice Personnel CJA 473 Michael Kanaby September 09, 2011 A Diamond Personality The case study titled “A Diamond Personality,” speaks of Oscar Rodriquez and how he became successful. Oscar Rodriquez lived in Puerto Rico, he moved from a non-English-speaking country to an English-speaking country. He came to the United States with a dream and goal. He went to school to further his education, and he worked
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Nile Inc. is an online specialty retailer of fine jewelry. Blue Nile was founded in 1999 and today is the largest online retailer of diamonds. Blue Nile is based in Seattle, Washington and competes with traditional jewelry stores such as Tiffany & Co., and online retailer stores such as James Allen. The key feature of being able to search through thousands of diamonds by carat weight, cut, clarity, color and other characteristics, is what attracts many customers to the website.[citation The company
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De Beers Diamond Company Social Performance of Organizations Business 475 August 4, 2014 De Beers Diamond Company De Beers is a multinational privately owned diamond mining company established in 1888 by Cecil Rhodes. The company specializes in trading and manufacturing diamonds. Rhodes invested capital made from renting water pumps to miners and started buying mining claims. Rhodes knew the acquirement was on an untapped market. He purchased diamond fields owned by two brothers named
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online retailer of diamonds in the United States. The company offers more than 60,000 diamonds on its website. The national average for an engagement ring is $3,200 but Blue Nile exceeds this number by having a $5,600 average price1. With no physical stores, no intermediaries and offering products four times cheaper than rivals, Blue Nile has proven to be a successful online retailer. Blue Nile is directly competing with both online diamonds merchants and physical stores diamonds retailers. Physical
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Next i’ll guide you through the swot analysis of De Beers. * Their strenghts are that they own their own diamond mines and retail shops. Because the business have been existing for over a 100 years, they’ve been able to gain a lot of expertise. * As they are market leader they also have a high turnover. * Their last big strength is that they have been able to present diamonds of high quality through the years. Weaknesses: * They are specialized in only one product, so events
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