Department Store U-Turn on Jewelry Sales
Kohl's, the US retail chain, aims to sell more jewelry in its almost 1,200 department stores.
It represents something of a U-turn for the company, three years after it reduced its jewelry offering and gave...
Central Bank Gold Demand Expected To Rise In 2025: Survey
More than eight in ten (81%) of respondents have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the...
GJEPC Hosts Seminar On Membership Benefits, MSME Schemes In Satara
The Gem and Jewellery Export Promotion Council (GJEPC), in collaboration with the Satara District Saraf Suvarnakar Association and Satara Sarafa Association, hosted an informative seminar aimed at raising awareness about the benefits of GJEPC...
$3.5m Yellow Diamond Pulled from Sale
Another high-value yellow diamond has been withdrawn from sale by auctioneers at the last minute.
The 45.07-carat fancy vivid yellow, billed as highlight of the Phillips New York Jewels Auction, was expected to fetch $2.8m...
Signet Q1 Sales Decline 9.4% but Engagement Recovery Continues
Signet Jewelers reported sales of $1.51 billion for the first quarter of Fiscal 2025, that ended 4th May 2024, marking a 9.4% decline from $1.67 billion in Q1 Fiscal 2024. Despite a challenging start...
Government Clarifies Re-import Rules for Unsold Jewellery at Exhibitions
The Ministry of Commerce & Industry has issued a crucial clarification concerning the re-import of unsold jewellery exported for exhibitions under specific conditions outlined in the Handbook of Procedure, 2023. This announcement follows recent...
Alrosa Secures Top-Tier AAA Credit Rating from ACRA
Alrosa has been awarded the prestigious AAA(RU) credit rating by ACRA. This rating signifies the highest level of creditworthiness on the national scale, paired with a stable outlook, marking a first in Alrosa’s history.
The...
Gemfields Appoints Bruce Cleaver as New Chair
Gemfields Group Limited has announced the appointment of Bruce Cleaver as the new Chair of the Board, effective from 1st July 2024. Cleaver, known for his distinguished leadership and extensive experience in the gemstone...
Rare Diamond Tie-Necklace Sells for $3.6m
An extremely rare 1929 diamond and platinum "tie-necklace" by Van Cleef & Arpels sold for three times its high estimate, fetching $3.6m at Sotheby's New York.
It was described as coming from a distinguished American...
Tokyo Jewelry FES 2024: A Glittering Showcase of Luxury and Elegance Returns for its...
Tokyo, Japan - Tokyo Jewelry FES is back for its second edition, for another captivating experience for jewelry enthusiasts of all ages. It is set to surpass all expectations, presenting a grand showcase of...
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De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats
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Etsy Surpasses Q1 Revenue Forecasts as Buyer Activity Remains Resilient
Etsy delivered stronger-than-expected first-quarter revenue, benefiting from stable consumer demand, rising buyer activity, and higher spending per customer despite a cautious economic backdrop.
The online...
GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns
The Gem & Jewellery Export Promotion Council (GJEPC) Surat Regional Office recently organised an important meeting between gem and jewellery industry representatives and Shri...
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