Neiman Marcus Posts Net Loss, Unveils ‘Digital First’ Strategy
Neiman Marcus is unveiling a new strategy: digital first.
Its latest SEC filing mentions the strategy but provides scant details about it, except noting that it’s aimed at “anticipating customers’ evolving behaviors and engaging them...
Alrosa Mulls Next Step for Mir Mine
Alrosa is considering its options for the Mir mine, where operations were suspended in August due to a flood that claimed eight lives. The company has engaged with independent auditors to investigate the cause...
Gems and jewellery stocks jump after govt removes dealers from PMLA purview
Gems and jewellery stocks jump after government removes dealers from the purview of the reporting requirement under the Prevention of Money Laundering Act (PMLA)
Mumbai: Gems and jewellery stocks on Monday jumped after the government...
LVMH Watch, Jewelry Sales Rise 13 Percent
LVMH’s watch and jewelry sales saw healthy growth in the first nine months of the year, with organic revenue rising 13 percent.
The company singled out Bulgari for its remarkable performance, with sales rising for...
Swiss watch exports to HK rise 2.7% in Aug
Exports of Swiss luxury watches to Hong Kong were up 2.7 percent in August, latest data from the Federation of Swiss Watch Industry FH showed. Hong Kong is also the top export destination for...
Govt Announces Reliefs in GST Procedure for Exports, Changes KYC Norms for Jewellery Sale
Based on the recommendations of the high power Committee on Exports, GST Council at its 22nd meeting held on Friday, Oct 6, 2017 approved a major relief package for exporters which included short term...
Trending File: Three Memorable Jewelry Moments From Paris Fashion Week
The spring 2018 shows wrapped up in Paris this week, and the boldest, most bodacious jewelry of the season definitely came out of the European shows.
The Paris shows in particular offered up jewelry looks...
Indian Jeweller Bhagat’s Ring Emerges as Top Lot at Sotheby’s Hong Kong Auction
At Sotheby’s Hong Kong Magnificent Jewels and Jadeite Autumn Sale held earlier this month, a “Very Rare and Impressive Ruby and Diamond Ring” – as Sotheby’s described it -- designed and mounted by...
GIA Opens Tokyo Campus; To Offer Graduate Diamond Diploma in Japanese
GIA (Gemological Institute of America) recently opened a campus at Tokyo, the announcement of which was made by GIA President and CEO Susan Jacques to an audience comprising the leading lights of...
Sierra Leone’s 709.41-Carat Diamond Now in Antwerp For Sale
In March this year, there was much jubilation in Sierra Leone as Pastor Emmanuel Momoh, found a 709.41 carat diamond, and later handed it over to the government.
The massive diamond was presented to President...
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