UAE: Changed VAT Mechanism for Precious Metals and Diamond Investors May Boost Jewellery Demand
The introduction of a VAT Reversed Charge mechanism for investors in gold, diamond and precious metals by the UAE government earlier this week is expected to provide some relief to the jewellery industry which...
Paper-reliant jewellers risk losing staff to tech-savvy competitors
Almost nine in ten employees admit they would prefer to work for a retailer that was embracing digital technology over one that was stuck in the analogue past, finds new research.
The survey, conducted by...
Gems and jewellery industry asks bankers not to reduce credit limits
The Gems and Jewellery Export Promotion Council (GJEPC) said it will release this paper in Mumbai on May 11 at a banking summit.
The gems and jewellery industry has urged bankers not to reduce their...
Shopper buys diamond ring for a fiver from charity shop
A shopper has discovered a ring she bought from a charity shop in Bromley for a fiver is actually worth thousands.
The lady, who wishes to remain anonymous, was left speechless when she found out...
Richline Group, Helzberg Diamonds, IBM and Others Launch New Blockchain Network for Jewellery
A number of leading players from the global gold and diamond industry have joined hands with technology leaders and others to launch TrustChain™, described as the first cross-industry initiative to use blockchain technology eto...
GJEPC to Release White Paper on Diamond Financing During Banking Summit on May 11
The Gem and Jewellery Export Promotion Council (GJEPC) will release a white paper addressing key issues related to bank financing for the industry at a Banking Summit it is hosting in Mumbai on May...
TOP FIVE: Online jeweller reveals the most influential celebrities driving UK sales
Online retailer Jewlr has revealed its top selling replica celebrity engagement rings with young royals reigning in the style stakes.
While ostentatious, oversized, celebrity styles from Hollywood have fallen out of favour with UK consumers,...
James Avery, Founder of Artisan Jewelry Chain, Dies
James Avery, who founded the jewelry chain that bears his name which now numbers 80 stores, died April 30 at age 96.
Avery was born in 1921. He served in the U.S. Air Force during...
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...
Jewellery firms partner with IBM on industry blockchain initiative
A group of five gold and diamond industry companies, and an independent laboratory, have joined forced with technology firm IBM to develop the first cross-industry initiative to use blockchain technology to track the origin...
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IIGJ Jaipur Engages HR Leaders in Orientation Session on ‘Tarang’ Skilling Drive
The Indian Institute of Gems & Jewellery (IIGJ), Jaipur, under the aegis of the Gem & Jewellery Export Promotion Council (GJEPC), recently hosted an...
LVMH Jewellery Sales Hold Steady at €5.09B in H1 2025 Despite Profit Pressure
LVMH’s Watches & Jewelry segment remained steady in the first half of 2025, generating €5.09 billion in revenue—virtually flat compared to the same period...
De Beers Diamond Production Plunges 36% in Q2 as Demand Slump Persists
De Beers Group reported a significant year-on-year drop in rough diamond output for the second quarter of 2025, producing just 4.1 million carats—down 36%...
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