Alrosa Lowers Expectations as Smaller Stone Sales Slow
Alrosa lowered its sales guidance for the year on the back of weakness in sales of smaller diamonds as Indian cutters and polishers continue to struggle to secure credit.
In third quarter results released...
Pallinghurst Resources Rebrands Itself as Gemfields Group, To Focus on Coloured Gemstones
Pallinghurst Resources Ltd, which acquired control of gemstone mining company Gemfields last year, has announced that it will rebrand itself as the Gemfields Group Limited following the approval of the name change resolution at...
House of Fraser closures to impact emerging jewellery brands
House of Fraser announced yesterday that it intends to close 31 out of its 59 shops as part of an extensive rescue plan.
If the plan is approved, 2,000 House of Fraser employees will be...
Signet Trims Full-Year Outlook by 7%
Signet has trimmed its full-year outlook by around seven per cent and announced plans to close around 150 of its 2,800 outlets as the "engagement gap" kicks in.
The parent company of Kay Jewelers, Zales,...
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...
Online jewellery retailers with ‘misleading’ delivery charges must clarify policies
The Advertising Standards Authority has banned businesses from ‘misleading’ customers on delivery charges such as claiming UK delivery is free when it does not apply to all parts of the country.
The advertising watchdog issued...
Jewellery display designer picks up small business accolade for its work with top brands
Retail display specialist Kesslers, which is making a concerted push into the jewellery market, has been awarded Best Retail Display Designer 2018 in the second annual SME News Enterprise Awards for the Greater London...
IN DEPTH: An analysis of the silver jewellery market in the UK
To date, the hallmarking figures compiled by the four UK assay offices reveal a strong performance from silver so far this year.
In January 2018, silver was the only metal to record an increase in...
Chow Tai Fook FY 2018 Revenue Up 15.4% as Chinese Market Regains Momentum
Chow Tai Fook Jewellery Group Limited said that its revenue for the year ended 31 March 2018 (FY2018), rose by 15.4% year-on-year to HK$59,156 million (FY2017: HK$51,246 million) as the retail market in Greater...
Platinum imports for jewellery in India to grow by about 25%
The report said, during the first quarter of 2018, sales of platinum jewellery logged 25 per cent retail sales growth in India.
The Platinum Guild India is expecting about 25 per cent growth in platinum...
Related articles
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%...
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...
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...
Gold Demand Rises 3% in Q2 2025 as Investment Surges, Says World Gold Council
Global gold demand climbed 3% year-on-year in the second quarter of 2025, reaching 1,248.8 metric tons, driven largely by a sharp uptick in investment...
- Advertisement -
