PodcastsJan 12, 2026
The latest poscasttest
OtherFeb 06, 2018
TanzaniteOne names first Chinese sightholder
Chinese retailer Chow Tai Seng is now a TanzaniteOne sightholder, and will sell polished tanzanite stones through its 2,200 jewelry stores in the People’s Republic of China.
Bermuda--Chinese retailer Chow Tai Seng is now a TanzaniteOne sightholder, and will sell polished tanzanite stones through its 2,200 jewelry stores in the People’s Republic of China.
The agreement brings TanzaniteOne’s sightholder count to eight. The other sightholders are: AG Color Inc., Colorjewels, Intercolor, KGK Gems, KL Tambi, Rare Multicolor Gems and STS Jewels Inc.
Chow Tai Seng is TanzaniteOne’s first Chinese sightholder. Its other sightholders are based out of New York and India.
The retailer also is TanzaniteOne’s first “polished” sightholder, meaning they will receive cut and polished tanzanite, as opposed to rough gems.
The sightholder agreement is designed to allow for the creation of a large-scale stone supply channel into the “booming” Chinese colored gemstone market, TanzaniteOne said.
TanzaniteOne’s partnership with Chow Tai Seng gives it a foothold with a major retailer in a growing market for luxury goods.
China is the world’s most populous country, home to more than 1.35 billion people. The retailer’s 2,200 stores mean that it is bigger than either of the United States’ two largest jewelry chains, Zale Corp. and Sterling Jewelers Inc., which operate about 1,700 and 1,400 locations, respectively.
“Chow Tai Seng is one of the world’s most dynamic jewelry companies and I am delighted by today’s agreement that allows (TanzaniteOne parent company) Richland to expand its production into such a high-growth luxury goods market,” said Bernard Olivier, CEO of Richland Resources.
TanzaniteOne is a fully owned subsidiary of Richland Resources, which also holds prospective assets in sapphire, tsavorite and graphite. TanzaniteOne’s stores originate from the single source of the gemstone, in the foothills of Mount Kilimanjaro in Tanzania.
Editors' Picks
Sponsored by
More on Other
The Latest
Weekly QuizOct 03, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
PodcastsJan 12, 2026
Introducing My Next Question, the PodcastA monthly podcast series for jewelry professionals
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
PodcastsNov 27, 2025
Test Podcast With VideoTest Podcast With Video. New interview with Ada Lovelace.
PodcastsNov 25, 2025
Test New Podcast PostAbstract for tests. New Podcast interview with John Lennon, Jimi Hendrix and Jim Morison.
ColumnistsOct 09, 2024
Peter Smith: 7 Things to Know When Selling LuxuryAhead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.
AuctionsOct 09, 2024
Rolex Worn on Apollo 14 Mission Up for SaleThe GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.
MajorsOct 09, 2024
New Simon Campaign Invites Gen Z to ‘Meet Me At The Mall’The ads celebrate the mall culture of the ‘80s and ‘90s.
MajorsOct 09, 2024
PGI Launches New Virtual Sales TrainingRetail sales associates can access the video series on mobile to refresh their selling skills.
Policies & IssuesOct 09, 2024
GJNRF: Reaching Out, Rebuilding Futures For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.
AuctionsOct 08, 2024
Sotheby’s Selling Jewelry That Belonged to a Bulgarian TsarThe November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.
SourcingOct 08, 2024
Rio Tinto Begins New Phase of Production That Will Extend Diavik’s LifeCommercial production has begun underground at the Canadian diamond mine’s A21 pipe.
SurveysOct 08, 2024
What to Know About Online Shopping This Holiday SeasonDeloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
CollectionsOct 08, 2024
Sylvie Adds New Men’s BandsThe Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.
SourcingOct 08, 2024
Is Current Diamond Industry Turbulence Shaping a ‘New Normal’? Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.
SourcingOct 07, 2024
Rio Tinto to Offer 76 Diamonds in 2024 Beyond Rare Tender The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.
CollectionsOct 07, 2024
Olympian Kristi Yamaguchi Partners With Heller Jewelers on New CollectionA portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.
