Omega launches e-commerce in the UK

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...
IGI takes the Retail Support Program to Ranchi

IGI takes the Retail Support Program to Ranchi

The training session was conducted for the sales team of Tulsyan Jewellers The International Gemological Institute (IGI) conducted a retail training program for the sales team of Tulsyan Jewellers....
Antwerp Polished Diamond Trade Rises in May

Antwerp Polished Diamond Trade Rises in May, But Rough Exports Dip

Reversing the trend seen in earlier months, rough exports from Antwerp dipped by 4.86% in value terms during May, while polished exports showed a rise of 5.03% in the same month, according to figures...
I-T Dept. to re-assess ITRs of rich buyers of Nirav Modi jewellery: Officials

I-T Dept. to re-assess ITRs of rich buyers of Nirav Modi jewellery: Officials

The buyers will be charged for tax evasion and subsequent action will be initiated if discrepancies of concealed cash payments are found. The Income Tax Department has decided to re-assess the ITRs of over 50...
Retailers

Retailers warned of ‘major online disruption’ ahead of strict new purchasing rules

Retailers selling products online could face ‘major disruption’ as strict new rules on internet sales could see a third of transactions fail to complete, an MP has warned. Anti-theft measures being introduced by the EU...
Closing Burton jeweller sells half its £1.5m stock in one week

Closing Burton jeweller sells half its £1.5m stock in one week

Independent jeweller, HJ Richards, has had a successful first week in its closing down sale. After more than 120 years in Burton, the family-run business revealed it will be shutting shop due to difficult trading...
Sears prepares for possible liquidation

Sears prepares for possible liquidation

It’s looking like 126-year-old Sears Holdings Corp. will soon head to liquidation. Last week, Sears Chairman Eddie Lampert submitted a $4.4 billion bid to keep afloat at least part of the retailer, which owns both...
BRITAIN-INFLATION-RETAIL

Jobs-first Brexit deal required to ‘provide much-needed certainty’ within retail sector

New research has revealed that retail sales and staffing growth has been stagnant in recent months. Sales slowed for the third month in a row in the year to February, according to the latest...
Gem Diamonds revises up full-year output target as recoveries on the rise

Gem Diamonds revises up full-year output target as recoveries on the rise

Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it’s on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year. The...
Tango Mining Provides Update on its Diamond Mining Activities

Tango Mining Provides Update on its Diamond Mining Activities

Tango Mining Limited yesterday provided an update of the 2018 financial year end operational and production of the mines in which the Company has an interest in the Republic of South...

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