John Lewis profits plummet by more than 50%
John Lewis Partnership profits have fallen by more than 50% in the half year ended 29 July 2017.
The company’s interim results show pre-tax profit fell 53% in the first six months of the year,...
GSI Hosts Seminar on ‘Successful American Retail Strategies’ in Dubai
Gemological Science International (GSI), in collaboration with Preferred Jewelers, presented a seminar on ‘Successful American Retail Strategies’ for members of the trade in Dubai. The event, held in the DMCC was addressed by Andie...
Changing Face of Eve Creating New Source of Demand Says De Beers Insight Report
De Beers’ The Diamond Insight Report 2017 released today says that the year “2016 saw the return of positive trends throughout the diamond pipeline” – an assertion which should bring some cheer to the...
Finance Ministry Sets up Committee on Exports to Recommend Strategy in Post GST Scenario
The Hon’ble Union Finance Minister, Government of India, Shri Arun Jaitley yesterday announced the formation of a Committee on Exports to look at the issues of export sector and to recommend to the GST...
Is drop shipping a better option to manage inventory for selling online?
Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to the manufacturer, another retailer, or a wholesaler,...
How should you price your products?
Indian consumers are a price-conscious lot. Period. So when you think of pricing your products, you may want to ensure your prices are such that your target audience does not equate them to burning...
Amazon Australia Launch Imminent Say Analysts
Retailers across Australia have been anticipating the arrival of e commerce giant Amazon for several months. It now seems apparent that they will be launching as early as October, giving them time to exploit...
GJEPC Welcomes GST Council’s Decision Harmonising GST rates for Import of Rough Diamonds
The GJEPC has welcomed the decision of the GST Council to harmonise rates for import of rough diamonds across all HS Codes, thus reducing the GST on the industrial and unsorted diamonds category from...
Lucapa Earns US$ 7.4 Million from 7th Sale of Lulo Rough in 2017
Lucapa Diamond Company has announced that the seventh sale of alluvial diamonds from the Lulo mine this year has generated gross proceeds of US$ 7.4 million, taking gross proceeds from Lulo diamond sales to...
Gold Price Near 12 Month High on Renewed Political Tensions, Economic Uncertainity
Global gold prices soared to near US$ 1340 per ounce during trading on Monday, Sept 4, a little below the US$ 1349 per ounce recorded in early September 2016 as political tensions intensified following...
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Jaipur Watch Company Accelerates Growth with Launch of Three New FOCO Stores
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