De Beers retail stores expand in China

De Beers retail stores expand in China The world's largest diamond miner by value De Beers has formed a JV with luxury conglomerate LVMH to open six or more retail stores in China this year. De Beers' retail venture opened its first outlet in mainland China last year as the group along the rest of the sector makes the most of Asia's enormous appetite for luxury. De Beers JV with LVMH will called De Beers Diamond Jewelers; De Beers is also refurbishing their flagship stores in London's luxury quarter and on New York's Fifth Avenue to attract wealthy Chinese buyers traveling abroad. 

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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China to Become World's Largest Diamond Market

Ari Epstein CEO of the Antwrp World Diamond Centre says he believes that China may overtake the USA to become the world’s largest diamond market by the end of 2015 as demand rises in China for luxury goods.

Chinese firms have recently announced major deals with many African firms to mine for diamonds and China is already a major diamond polishing center.

China continues to be an ideal place for firms looking for growth, what is your firm’s China Market Strategy?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.