Beaverbrooks operating profit increases to £13.7m
Beaverbrooks is an award-winning family-owned jewellers established in 1919 with 70 stores across the UK.
Operating profit before discretionary payments at Beaverbrooks the Jewellers increased to £13.7m during the 53 weeks ended 3 March 2018, its...
Third India-SAARC-Middle East Buyer-Seller Meet Commences at Hyderabad
The third edition of the India-SAARC- Middle East Buyer-Seller Meet (BSM), organised by The Gem & Jewellery Export Promotion Council, commenced yesterday at Hyderabad.
The BSM, organised with the objective of identifying and...
Nirav Modi applies for asylum in U.K., claims “political persecution”
The billionaire jeweller is in London trying to claim asylum from what he calls “political persecution”, the Financial Times reported.
Nirav Modi, the billionaire jeweller at the heart of a more than ₹13,578-crore Punjab National...
Bijorhca Paris offers bigger and better precious jewellery buys to meet visitor demands
As Bijorhca Paris opens its doors today for a four day trade show, visitors can expect a bigger and better offering of precious jewellery.
Meeting the increasing demand of jewellery buyers around the world, Bijorhca...
Bright spots, challenges abound in gem and jewellery sector
Industry leaders are upbeat about prospects in the gemstone and jewellery business amid challenges arising from an evolving retail landscape and the rise of lab-grown diamonds.
New challenges will create great opportunities, according to speakers...
Birks Reports Rise in Net Income in FY 2018 Mainly Due to Sale of...
The Birks Group, a leading jewellery retailer of Canada, reported a net income of $4.9 million for the fiscal year ended March 31, 2018 (FY 2018), largely on account of a net income from...
LVMH Ups Tiffany Bid to $16 Billion
LVMH has raised its bid for U.S. jewelry chain Tiffany & Co to almost $16 billion, according to reports by Reuters. Earlier this month, Tiffany turned down the French luxury group's $120-per-share...
Retail mogul Mike Ashley steps in to save House of Fraser for £90m
It’s been confirmed that Mike Ashley’s Sports Direct chain has stepped in to save House of Fraser, acquiring all its UK stores, the brand and all stakes in the business for £90m.
The retail tycoon...
ALROSA Study Shows Global Jewellery Sales Rise 5% in Q2 2018
ALROSA, which released the results of its global luxury and jewellery market study, said that in Q2 of 2018, sales of “decorative jewellery” increased in all of the world's key regions, except for India....
Omega expands its retail reach with launch of ecommerce in the UK
Two years after launching its first e-commerce site in the US, luxury watchmaker Omega has expanded its online business by unveiling an online shop in the UK.
The initiative will help increase the Swiss brand’s...
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