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ALROSA President Sergey Ivanov Inducted onto Board of DPA

ALROSA President Sergey Ivanov has joined the Board of the Diamond Producers Association (DPA). An association formed by the coming together of seven leading diamond mining companies, the DPA’s avowed purpose is “to promote...
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Pandora Unveils AW17 Campaign Celebrating Everyday Milestones

Jewellery giant Pandora has launched its AW17 collection which features a campaign that celebrates everyday women. The new range of jewellery is inspired by several key trends including mixed metals and geometric shapes. The collection also...
alrosa

ALROSA H1 2017 Results Hit by Weak Markets, Ruble Appreciation, Lower Priced Mix

PJSC ALROSA, announcing IFRS financial results for H1 2017, reported that the Company’s revenue in the sixx month period amounted to RUB 155,550 million, falling by almost 16.7%  as compared to a revenue of...
Signet Buys James Allen; Comp Sales Rise

Signet to Acquire JamesAllen.com Owner for $328M

Signet Jewelers is buying R2Net, the owner of millennial-targeting diamond e-tailer James Allen, for $328 million in an all-cash transaction. R2Net also owns Segoma Imaging Technologies, which provides the digital images for the James Allen...
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Macy’s Names Senior eBay Executive As President

Hal Lawton, a former vice president of eBay, has been named the new president of Macy’s. Lawton, who was most recently senior vice president of eBay North America, will oversee Macy’s merchandising, marketing, stores, operations,...
ICEX Sees Brisk Trading

ICEX Sees Brisk Trading in Mock Session For Diamond Futures

  Reports in the Indian media say that ICEX, which had recently got SEBI permission to trade in Diamond Futures contracts, has completed a week of mock trading in a run up to opening up...
GST Gems & Jewellery

Import of Gold to Attract 3% GST Says CBEC in FAQs for G&J Sector

Imports of gold and other precious metals will attract 3% IGST, payable by the importing bank /nominated agency, the Central Board of Excise & Customs (CBEC) has clarified in its latest set of FAQs...
DPA-Survey

DPA Study Reveals Millennial Women’s Preference for Authentic and Unique Luxury Goods

Millennial women in the US have a distinct preference for luxury goods that are authentic, unique and not mass-produced, reveals a study conducted by the Diamond Producers Association (DPA), with 94% of the highest...
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Costco Ordered to Pay Tiffany $19M-Plus in Trademark Lawsuit

New York--A federal judge has ordered Costco to pay Tiffany & Co. $11.1 million in damages plus, interest, in addition to the $8.25 million a jury awarded Tiffany last year in its trademark infringement...
Gold Convention

Proposed Comprehensive Gold Policy in Focus at India International Gold Convention

The 14th edition of the India International Gold Convention 2017 (IIGC), which was held in Goa from August 11-13, 2017, discussed the proposed comprehensive gold policy that is under consideration by the government, among...

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Jewellery trade gets an insurance shock

Jewellery trade gets an insurance shock

This was evident when a logistics company official last week ran away with 11 kg of gold jewellery worth Rs 3.5 crore. Jewellery firms beware....
Precious-Gold slips to 1-week low as global slowdown fears ease

Precious-Gold slips to 1-week low as global slowdown fears ease

Gold prices fell to a more than one-week low on Monday, as stronger-than-expected data from China and a robust start to the U.S. earnings...
amazon industry analysis report

Amazon to close domestic marketplace business in China

Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts...
Timex starts making watches again in its native America

Timex starts making watches again in its native America

Timex can trace its history back to the town of Waterbury, Connecticut, when the company was born in 1854. 165 years later and America has...
Swarovski kicks off annual influencer campaign with female football stars

Swarovski kicks off annual influencer campaign with female football stars

Global jewellery brand Swarovski has revealed a host of new brand ambassadors for its 2019 #FollowTheLight influencer campaign. The new campaign is a celebration of...
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