Pay Cuts for Half of India’s Diamond Workers
Half of India's diamond workers are struggling financially as a global drop in demand forces factories to cut hours and wages.
The country's estimated 500,000 cutters and polishers are paid either per carat - around...
IGI Partners with Watch & Jewellery Initiative 2030
IGI GLOBAL (July, 2023) – The International Gemological Institute (IGI), the world’s largest independent gemological laboratory, has joined the Watch & Jewellery Initiative 2030 (WJI 2030) as a partner member. Founded in 2021 by...
Alrosa CEO Pavel Marinychev Named In Latest U.S. Sanctions
In an effort to curb Russia’s ongoing military actions in Ukraine, the United States has imposed additional sanctions on individuals and entities associated with Russia’s military capabilities, energy projects, and financial activities. Russian diamond...
Kisna Opens First Franchise Showroom in Mumbai
Jewellery brand Kisna from Hari Krishna Group has opened its first franchise showroom in Mumbai, and its eighth overall on 19th July. The new outlet is located in R City Mall in the suburb...
U.S. Retail Sales Rise In June Despite Slower Job Growth: NRF
The National Retail Federation (NRF) revealed that U.S. retail sales experienced a continued upward trajectory in June, even as employment expansion slowed.
NRF President and CEO Matthew Shay said, “June retail sales confirm that while...
Surat Diamond Bourse is World’s Biggest Office Building
The vast new Surat Diamond Bourse (SDB) - stretching across nine 15-story towers - has become the biggest office building in the world.
It has over 7.1m square feet of floor space, compared with just...
Indian Manufacturers Eye Opportunities in Brazil
Indian diamond and jewelry manufacturers are to take part in a new trade event in Brazil aimed at strengthening ties between the two countries.
The inaugural two-day BSM (Buyer Seller Meeting) Brasil 2023, takes place...
ARVINO Launches the Molten Collection
Inspired by perseverance, the Molten Collection’s uneven lines and textures celebrate the beauty in embracing hardship.
New York, NY. July 17, 2023. Adversity is a building block of transformative power and awareness. Thriving despite it,...
SIJE – Singapore International Jewelry Expo: The First Edition By Ieg Asia/Cems Confirms...
∙ Positive conclusion to the 18th edition of the reference event for jewellery in Singapore with over 280 exhibiting brands from 28 countries
∙ Growth forecasts for luxury goods in the ASEAN market support Italian...
Countdown to Bangkok Gems this September!
The Department of International Trade Promotion (DITP) and The Gem and Jewelry Institute of Thailand (GIT), the organizers of the 68th Bangkok Gems and Jewelry Fair (BGJF), held an exhibitor meeting on July 5,...
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De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats
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LVMH watch boss sees Jean Arnault as best candidate for his role
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