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C W Sellors joins forces with Fabergé to mark a significant milestone

C W Sellors joins forces with Fabergé to mark a significant milestone

Jeweller and manufacturer, C W Sellors, has joined forces with luxury brand, Fabergé, as part of its 40th anniversary celebration. 40 years in business is no small feat, and C W Sellors will be marking...
3Phiiish Rose Gold with black

Tresor Paris acquires London jewellery brand

Tresor Paris has acquired London-based jewellery brand, Phiiish. Phiiish was created by brothers Dean & Adam Greenfield in 2014, with Dean working as lead designer and Adam taking charge of brand development. Jewellery pieces by Phiiish...
Swis-watch-federation

Swiss Watch Exports Rise in July Strong Demand from Most Asian Markets

Strong demand from most Asian markets including China, Japan and Singapore, saw Swiss watch exports rebound in July 2019, after registering a drop in June, the Federation of the Swiss Watch Industry FH said...
World Diamond Council

WDC Moots “Open Dialogue” On Kimberley Process Reform at Upcoming KP Plenary

The World Diamond Council (WDC) in a press release issued yesterday mooted an open discussion regarding reforms to the Kimberley Process. The KP Plenary meeting is scheduled to be held in...
Cooksongold to launch revamped store to mark 100 years in business in Birmingham

Cooksongold to launch revamped store to mark 100 years in business in Birmingham

Cooksongold is commemorating 100 years in business in Birmingham’s Jewellery Quarter with the launch of a new revamped store. The UK-based jewellery-making supplier, which was first established in 1918, will officially open the doors to...
Father and son jewellery duo open store following council backing

Father and son jewellery duo open store following council backing

A father and son jewellery team has opened up a store in the North East of England following backing from the local council. Redcar and Cleveland Borough Council offered its High Street Support Scheme and...
GJEPC representatives recently made a presentation on issues related to the G&J trade between India and ASEAN countries before a Department Related Parliamentary Standing Committee on Commerce, putting forward recommendations on tariffs and other related matters. After giving an overview of the growth of the Indian industry and its contribution to the country’s export basket as well as a snapshot of India’s trade in the sector with Singapore, Malaysia, Indonesia and Vietnam, the GJEPC representatives put forward the industry viewpoint. They stressed that India was supplying cut and polished diamonds to jewellery manufacturers in the region and hence during Indo-ASEAN CECA negotiations, granting of tariff concession should only be on Cut and Polished Diamonds (ITC HS Code – 710229, 710239) which will benefit the country in the long run. Further, they pointed out that the proposed Value Addition under CECA should be reduced from 35% to 10% of the FOB value of the export of diamonds from India as these diamonds are used as a raw material in the manufacture of studded jewellery. GJEPC said that strict compliance of achieving the prescribed Value Addition should be ensured at the ports while any import is taking place. The Council also emphasised that any tariff rebate on imports of plain and studded precious metal jewellery could be hazardous for the entire Indian jewellery segment as it could lead to flooding of precious metal plain jewellery from Indonesia and Malaysia. It recommended that the CVD on jewellery imports should not be brought down. The Council was represented at the meeting by Dr. Jitarani Udgata and Sudhir Patil.

GJEPC Makes Presentation on Indo-ASEAN G&J Sector to Parliamentary Committe

GJEPC representatives recently made a presentation on issues related to the G&J trade between India and ASEAN countries before a Department Related Parliamentary Standing Committee on Commerce, putting forward recommendations on tariffs and other...
Daily wager digs up diamond worth Rs 1.5 crore in MP’s Panna

42 Carat Diamond, 2nd Biggest Ever From India’s Panna Mines, Sold at Auction

A 42.59-carat rough diamond discovered in October this year in the Panna district of Madhya Pradesh has been sold at auction for Rs 2.55 crore or Rs 6 lakh a carat, according to media...
LVMH

LVMH Reports 13% Revenue Growth in 2017; 12% Organic Growth in Jewellery & Watch...

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, said that it had recorded revenue of €42.6 billion in 2017, an increase of 13% over the previous year with organic revenue growth...
BRACELET MY CHAIN

COLLECTION: Chanel reinterprets its iconic 2.55 handbag

Luxury house Chanel has reinterpreted the chain of the iconic 2.55 handbag and the octagonal shape of Place Vendome in its latest collection of fine jewellery. The renowned yellow-gold chain imbues the new Gallery collection...
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Gourik Jewelry

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ALROSA extends long-term supply contracts with clients through Q1 2021

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Ethical London jewellery startup looks to ride the wave of engagement ring sales with...

London’s Kimaï, an ethical jewellery brand focusing on lab-grown diamonds, has released its debut engagement ring collection. Kimaï, which has its roots in Antwerp, has...

Abaran Timeless Jewellery launches its new store in Bangalore

Abaran Timeless Jewellery, one of the finest jewellery houses in the country, today opened the doors for a new store at Residency Cross Road,...

Strong Diamond Prices Lift Petra Q1 Revenue 33% To $82 Million

Petra Diamonds Limited reported that its Q1 revenue increased 33% to $82 million owing to the release of inventory carried over from Q4 FY...

Pandora continues UNICEF partnership with new World Children’s Day charm

Pandora has contributed once more to its ongoing partnership with charity UNICEF, creating a new charm for World Children’s Day 2020. The brand began its...
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