CTF shines on strong gold jewellery demand
Retail giant Chow Tai Fook Jewellery Group Ltd reported an 11.8 percent rise in net profit for the year ended March 31, 2019 on the back of robust demand for gold jewellery products.
Revenues were...
Egyptian jewellery brand touches down in Mayfair for UK retail debut
Luxury jeweller Azza Fahmy has announced it is entering the UK’s physical retail market with the launch of a premier store in London’s Mayfair.
The Egyptian design house, which is set to open its first...
Harry Winston UK reports 22% turnover increase
Turnover at Harry Winston UK increased by 22.3% during the 52 weeks ended December 31 2017, its newly published accounts reveal.
The company’s ‘Annual Report and Financial Statements’, shows an increase in turnover from £17.9m...
SBI Sets up Gold Metal Business in Surat with Support From GJEPC’s Regional Office
The State Bank of India (SBI) inaugurated its Gold Metal Business in Surat today. With this, the bank’s Chowk Bazar branch became the first outlet in Surat offering gold for jewellery manufacturers in the...
Pretium buys back gold-silver stream, closes $480m debt deal
Pretium Resources Inc. (TSX, NYSE: PVG) has closed on the previously announced $480 million debt facility to refinance its existing construction credit facility.
The company has also repurchased 100% of the callable 8% gold and...
Quality assurance seen to boost online jewellery purchases, says WGC
Efforts to enhance quality assurance in online jewellery purchases could provide further impetus to China’s jewellery retail market, according to the World Gold Council (WGC).
“Aiming to remain relevant to consumers (especially young...
CarterGore expands range of tattoo-inspired jewellery with collaboration
CarterGore has extended its range of tattoo-inspired jewellery with the addition of a new diamond and gold capsule collection.
The brand, spearheaded by a former ChloBo managing director, has teamed up with Steffans to launch...
Jewellery school launches grant to give budding jewellers a leg-up
A new grant has been launched to support aspiring jewellers looking to kick their business off the ground.
Award-winning founder of the Hatton-Garden based London Jewellery School, Jessica Rose recently unveiled a new online company,...
Venezuela trying to sell gold to stay afloat
Venezuela is reaching for its last card as the deck collapses on President Nicolas Maduro’s failed regime.
The country is selling its gold in order to provide liquidity for imports of basic goods.
You know your...
Robust gold jewellery demand shifts east, says WGC
China, India and other Southeast Asian countries are expected to fuel gold jewellery demand over the coming years on the back of rising incomes, the World Gold Council (WGC) said in its latest report.
In...
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