Court Orders Destruction of 2,361 Fake Watches
A court in the UK has ordered the destruction of 2,361 counterfeit watches, imported from China and offered for sale online.
Jeremy Smith, 41, who advertised the watches on eBay and two websites had argued...
De Beers & GJEPC Discuss Strengthening Indian Market for Natural Diamonds
De Beers and GJEPC held a meeting on 1st August in Mumbai to discuss strategies for bolstering the natural diamond market in India. The discussion centred around the need for education and awareness around...
IIGJ Jaipur Holds Retail Mastery Workshop
GJEPC’s Jaipur Regional Office successfully conducted a two-day retail mastery workshop at the Indian Institute of Gems & Jewellery (IIGJ) in the city. The workshop aimed to enhance the skills of frontline retail salespersons.
Around...
Wholesaler Boycotts Retailers Selling Lab Growns
A high-end jewelry wholesaler in New York says it will no longer supply retailers who sell lab growns.
Arazi says it will terminate its asset/memo support program for businesses carrying or promoting lab growns immediately,...
India’s Q2 Gold Jewellery Demand Declines Amid High Prices
India has witnessed a notable decrease in gold jewellery demand in the second quarter of 2024, according to the World Gold Council (WGC). India’s Q2 gold jewellery demand fell by 17% to 106.5 tonnes,...
IIGJ Jaipur Conducts First Convocation, 19 Students Awarded Degrees
The Indian Institute of Gems and Jewellery (IIGJ) Jaipur celebrated its first convocation on 26th July, with 19 students from the inaugural batch receiving their degrees. The ceremony was graced by the presence of...
Aditya Birla Group Unveils Rs. 5,000 Crore Jewellery Brand ‘Indriya’
Aditya Birla Group made a grand entry into the branded jewellery retail segment on 26th July with the launch of 'Indriya', a venture backed by a substantial investment of Rs. 5,000 crore. The new...
World Gold Council Study: US Elections Drive Gold Demand and Price Fluctuations
The World Gold Council’s latest report, titled “Ballots to Bullion: Examining the US Election’s Effect on Gold,” delves into the relationship between US presidential elections and gold prices. Historically, gold has often been viewed...
Kering Sees Double-Digit Jewellery Sales Growth Amidst Challenging Market
Luxury conglomerate Kering reported a challenging first half of 2024, with group revenue declining by 11% to €9.01 billion. The company attributed the downturn to a difficult market environment that impacted both top-line growth...
Tiffany’s $305,000 ‘Bird on a Rock’ Watch
Tiffany has launched one of its most complex watches to date, inspired by the company's emblematic Bird on a Rock.
The white gold Bird on a Flying Tourbillon costs $305,000 and is being produced in...
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Thailand’s Ministry of Commerce to Host the 72nd Bangkok Gems & Jewelry Fair, A...
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