A. Jaffe, Firestar Diamond Sales Approved by Court
Despite a last-minute intervention by Punjab National Bank, on March 28, a U.S. bankruptcy court ruled that A. Jaffe and Firestar Diamond can go ahead and sell their assets, the two companies announced.
The companies...
Leading Retailers Nervous About Coming China Trade War
Twenty-five leading retailers—including Macy’s, J.C. Penney, Kohl’s, and Walmart—have appealed to President Trump not to slap tariffs on Chinese products, saying the resulting increase in prices would hurt American consumers.
“In the U.S., those who...
Dallas Gold & Silver Exchange Thumbs Its Nose at Predictions of Demise
Dallas-based jewelry chain Dallas Gold & Silver Exchange (DGSE) is thumbing its corporate nose at some published reports of its possible demise—particularly Barron’s.
In April 2017, the financial publication listed the company, which retails and...
Baselworld organisers say footfall was up 8% on first two days of show
The amount of industry experts and specialists walking the Baselworld show floor has seen a healthy increase from last year, event statistics have revealed.
The first figures to be reported from the Switzerland-based trade show...
The RealReal Hires Chief Operating, Revenue Officers
Luxury consignment company The RealReal has appointed new chief operating and revenue officers.
Jun-Sheng Li, former senior vice president of e-commerce supply chain at Walmart, is the San Francisco–based company’s new chief operating officer. Before...
Smaller, Revamped Baselworld 2018 Show Opens
Baselworld 2018, the 101st edition of one of the world’s premier watch and jewellery exhibitions opened yesterday in Basel, Switzerland, with a smaller number of exhibitors, less floor space, and a shorter duration. The...
TJ Maxx, Target favorite value fashion retailers
T.J. Maxx and Target are American consumers’ favorite value fashion retailers, according to a new survey.
The poll, from Norcross, Ga.-based Market Force Information, asked 10,000 consumers to rate seven value retailers.
The survey found that...
ALROSA introduces new version of ALROSA ALLIANCE Guidelines
ALROSA has approved the updated version of ALROSA ALLIANCE Guidelines on Responsible Business Practices developed to enhance confidence between the Company and its clients - ALROSA ALLIANCE members as part of the development of...
Atelier Swarovski unveils first Fairtrade gold collection at Baselworld
Today, Atelier Swarovski has unveiled its first Fairtrade gold collection as the brand reaffirms its commitment to conscious luxury.
The latest fine jewellery collection, which can be viewed at the iconic Swarovski stand at Baselworld,...
New Portable Synthetic Diamond Identification Kit to be Launched at 4th MGCJ in May
A new portable and highly affordable synthetic diamond identification kit which will enable easy detection of loose and mounted melee-sized synthetic diamonds, as well as larger stones, will be launched at the 4th Mediterranean...
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AGTA Bans Non-Natural Gemstones
Lab grown gemstones are to be banned from all trade shows run by the American Gem Trade Association (AGTA).
The Dallas-based notâ€forâ€profit association says exhibitors...
De Beers Sells $445m Amid Ongoing Uncertainty
De Beers today (17 April) reported $445m of rough sales (provisional figure) during its third cycle of the year, a very slight increase on...
Dragon-Themed Demand Drives Chow Tai Fook Sales
Hong Kong-based Chow Tai Fook (CTF) reported a 12.4 per cent growth in retail sales value (RSV) during Q4 of 2023.
It said the post-Covid...
Petra’s Prices Boosted $8.2m Blue
Petra Diamonds sold fewer carats but achieved higher prices earlier this month at its fifth tender of FY 2024, boosted by the sale of...
IGJS Attracts 250 Foreign Buyers
The third edition of International Gem & Jewellery Show (IGJS) in Jaipur, India, attracted 250 buyers from 27 countries, say organizers.
The three-day event, which...
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