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Diamonds International is a privately owned international jewelry manufacturer and retailer advertised as "the largest duty-free jeweler in the world". The company is headquartered in New York, NY on 48th Street between Rockefeller Center and the 47th Street Diamond District.
Diamonds International was founded in 1986 on the island of St Thomas and has currently grown to over 125 retail stores. The stores are located throughout the Caribbean, Mexico and Alaska. The primary business model of the company centers on marketing toward cruise line passengers with locations at high traffic port of calls within the cruise industry, in addition to advertising with the cruise lines themselves. Diamonds International operates stores under the names of Diamonds International, Tanzanite International, DI Watch & Design, and Tequileria International.
As of 2014 Diamonds International is the official jewelry sponsor of the Miss Universe Organization. Diamonds International will create the crowns that are worn by Miss Universe, Miss USA, and Miss Teen USA.
|Alaska||Bahamas||Caribbean||Latin America||Mexico||United States|
|Juneau||Nassau||Antigua||Belize||Cabo San Lucas||Key West|
|Grand Caymen||Playa Del Carmen|
|Grand Turks||Puerto Vallarta|
|Ocho Rios, Jamaica|
|Exclusive Brands||Retail Brands|
|Crown of Light||Gucci|
|Nalah Masai||Judith Ripka|
|Safi Kilima||Marahlago Larimar|
|Sara G||Nina Nguyen|
|Vena D'Amore||The Hook Company|
|Audemars Piguet||Dior||IWC||Tag Heuer|
|Baume & Mercier||Ebel||Jaeger-LeCoultre||TW STeel|
|Bertolucci||Ernst Benz||Maurice Lacroix||Vacheron Constantin|
Diamond industry affiliation
Diamonds International, through parent company Almod Diamonds Ltd., is a member sightholder of the Diamond Trading Company, the sales and distribution arm of DeBeers, via a joint venture between the DTC and the government of the Republic of Namibia known as the NDTC. Diamonds International is one of 11 sightholder companies authorized to purchase diamonds from the NDTC and the only sightholder to sell diamonds directly to the consumer market. Diamonds International processes purchased NDTC rough diamonds through their cutting and polishing facilities in Namibia.
DI Bahamas supports both the local and Caribbean-wide hurricane Ike reconstruction effort and has contributed to the National Emergency Management Agency. Grand Turk was hit particularly hard during the September, 2008 hurricane, which caused damage to over 95% of all homes on the island
Diamonds International operates businesses under international port allowances that declare goods as duty-free, utilizing statutes that also govern sales at some airports, within the air or at sea. The company expanded operations to include online sales through their web presence, ShopDI.com, in June 2000. Although the site advertises as "duty-free" in reference to the larger company as a whole, it is subject to the same tax regulations as other online jewelers within U.S. borders.