Reducing the rate of closure of jewelry stores across the country bucked the trend to a consistent reduction of the industry in the previous year, according to the JBT, published last week. 318 stores were closed in the first quarter, compared with 380 for the same period in 2016.
In 2016, the number of US companies that sell jewelry, fell by 54% to 1669 decline was mainly in the retail category.
Most of bankrupt companies this year, still belong to the retail sector, but, nevertheless, they closed 13% less, only 250 Closed wholesalers decreased by 14% to 44, and the manufacturing companies were less likely to be closed at 44 %, to 24.
The improvement rate was in the background of a slight 0.2-percent growth in sales in the US jewelry stores in January and February, which amounted to a total of $ 4.41 billion, according to a separate census Bureau.
According to the report, Credit Suisse, in the wider retail sector in the United States this year, was closed about 2,880 stores, compared with 1153 for the same period in 2016.
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Anglo American-owned and 85% De Beers Group finally signed a 10-year contract for the sale of rough diamonds to the Namibian government.
The agreement, signed in Windhoek on Monday, turned out to be the longest ever signed agreements between the two partners.
The Anglo American said that the transaction involves the sale of 15% of mined diamonds Namdeb Holdings annual state independent sales company Namib Desert Diamonds.
Earlier Namdeb diamonds exported to Botswana for the sorting of De Beers.
In addition, the agreement will significantly increase the volume of diamonds that will be available for beneficiation in Namibia. Annually, Namibia Diamond Trading Company (NDTC) offers its clients diamonds worth $ 430 million.
All diamonds Namdeb Holdings of special sizes are also available to buyers in Namibia, according to the agreement with De Beers.
"This agreement diamonds of sale -. The longest of all, ever signed between Namibia and De Beers It not only provides a long-term supply to De Beers, but also ensures that the Namibian diamonds will continue to play a key role in the national socio-economic development and in the future ", - said Filipp Mele (Philippe Mellier), executive director of De Beers.
"Diamonds can give a powerful impetus for change prospects of any country, when these benefits are used effectively I thank our partners in the government of their vision on the role of diamonds in the country's development.", - he added.
Minister for Mines and Energy of Namibia vow Kandzhoze (Obeth Kandjoze) said that the new agreement strengthens the position of Namibia as an important player in the international diamond market.
He said it will also provide additional incentives to promote diamond sales in the country.
"De Beers and Namibia have a long and successful history of cooperation, and I am glad that we will continue to work together with De Beers and Namibia for the benefit of the entire diamond industry"
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