Presidents' Meeting to address competitive position  of diamonds in luxury consumer product markets

Presidents' Meeting to address competitive position of diamonds in luxury consumer product markets

08.05.2015: photo caption: Frank Mueller. The hosts and organizers of the 2015 Presidents' Meeting -- the Israel Diamond

 photo caption:   Frank Mueller.


The hosts and organizers of the 2015 Presidents' Meeting -- the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (IsDMA) -- have invited Frank Müller, a renowned international luxury marketing consultant, to present the theme presentation of the Meeting.


Müller will address the competitive challenges the diamond and diamond jewelry markets are facing in the global luxury consumer product market.
 

IDE President Shmuel Schnitzer, who is also an Honorary President of the World Federation Diamond Bourse (WFDB), said he is pleased to host Mr. Müller as the Meeting's theme speaker.


"Diamond and diamond jewelry marketing is at the core of our industry's growth and success. We look forward to hearing Mr. Müller's views on what is needed to make our product more desirable to consumers worldwide," he stated.
 

WFDB President Ernest Blom praised the hosts for their initiative. "The Presidents' Meeting is an excellent opportunity to gauge the wellbeing of our industry and the downstream market. I am sure we will take away of lot of positive input from Müller's presentation and insights.
 

Frank Müller said he was excited to be discussing the luxury product markets and the market share of diamonds and diamond jewelry in the luxury sector. "Worldwide, the consumer market for luxury products will continue to grow, with a spending power of potentially trillions of dollars.


This growth is apparent, among others, in the rapid growth in BRIC-countries, where new generations of consumers are evolving. This bodes well for diamonds, too, provided the diamond industry and retail jewelry sector invest focused efforts in enhancing the desirability of diamonds among consumers."

 
 
About the 2015 Presidents' Meeting

Registration to the 2015 Presidents' Meeting is now open and delegates of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), as well as other industry operators and parties, are invited to go online, register for the Meeting and make their hotel bookings.


This year's biennial Presidents' Meeting is held at the Tel Aviv Hilton Hotel, June 14-16, 2015 and hosted by the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (IsDMA).   
 
 
About Frank Muller


Frank Müller established his consultancy agency The Bridge To Luxury in 2009. Since then he has assisted a a large number of international luxury firms in the successful implementation of their strategies and business policies and plans.


He served, among others, as CEO and Managing Director of high quality luxury watch brands A. Lange & Söhne and Glashütte Original. He also served on the group management board of the Swatch Group AG in Switzerland. During his career, he has advised numerous international companies on strategy, as well as communications and corporate reporting.


Frank studied business administration at the University of Mannheim and the ESCP Europe, and holds a PhD from the University of St. Gallen. He created the German initiative "Handmade in Germany", and he is the author of a variety of books and articles on business-related topics, including the marketing and management of luxury brands.
 
 
 
 The Israel Diamond Exchange

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08.05.2015 / MaP

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