De Beers Cancels Sight for First Time Since Covid
De Beers has canceled Sight 7, scheduled for later this month, as the slump in global diamond demand persists.
It's the first time the troubled UK miner has taken such a decision since Sights 3,...
Black Friday ‘losing its meaning’, laments jewellery brand
Jewellery brand Kimjoux Fine Jewellery has claimed that Black Friday has lost its meaning and is launching a new initiative to combat that.
It said that instead of buying things they do not need because...
Rapaport: Diamond Prices See Mixed Trend in February
Diamond prices declined for higher clarities in February following a positive trend in the previous month, Rapaport Group said in a press release. Demand for SI qualities improved.
The US and other Group of Seven...
GJEPC Hosts 59th Annual General Meeting in Hybrid Format
The Gem & Jewellery Export Promotion Council (GJEPC) convened its 59th Annual General Meeting (AGM) on 23rd September 2025 at 12:00 PM IST, adopting a hybrid model that allowed members to attend either in...
Duty Drawback, RoDTEP and RoSCTL Benefits Now Available for Courier Exports
The Central Board of Indirect Taxes and Customs (CBIC) under the Dept. of Revenue, Ministry of Finance has issued a circular introducing a new system that extends export-related benefits, including Duty Drawback, Remission of...
JCPenney Diamond Suspects Linked to $1.5m Series of Raids
Four men arrested during a jewelry raid at a s JCPenney store may be linked to a series of heists that netted $1.5m.
The suspects were apprehended as they smashed display cases with hammers to...
LVMH 2023 Watch and Jewelry Sales hit $11.8bn
LVMH saw improved performances from its watches and jewelry businesses during 2023, with reported revenue up three per cent to $11.84bn.
Organic revenue grew by a "robust" 7 per cent and profit from recurring operations...
Union Budget 2026–27 Delivers Growth Push for Gems & Jewellery Sector: GJEPC Chairman Kirit...
The Union Budget 2026–27 has been welcomed by the Gems and Jewellery Export Promotion Council (GJEPC) as a constructive and forward-looking roadmap that addresses long-standing challenges while creating fresh growth opportunities for the industry.
Kirit...
Titan Reports Robust Q2 Jewellery Sales
Titan Company Ltd. announced a 26% rise in jewellery revenue to Rs.10,763 crores for Q2 FY2024-25. The quarter saw an uptick in buyer interest across Titan’s jewellery brands, including Zoya, Tanishq, Mia and CaratLane,...
Downturn Forces GIA to Close Israel Lab
GIA is to close its lab in Ramat Gan, Israel, saying it is no longer "financially sustainable".
The facility, which opened in August 2012, will close by the end of this year. Submissions will be...
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GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns
The Gem & Jewellery Export Promotion Council (GJEPC) Surat Regional Office recently organised an important meeting between gem and jewellery industry representatives and Shri...
LVMH watch boss sees Jean Arnault as best candidate for his role
Jean-Christophe Babin, the head of LVMH’s watch division, says he’s ready for a phased retirement and Jean Arnault would be an obvious candidate to...
De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats
De Beers Group reported a strong start to 2026, with rough diamond production climbing 17% year-on-year to 7.1 million carats in the first quarter....
Etsy Surpasses Q1 Revenue Forecasts as Buyer Activity Remains Resilient
Etsy delivered stronger-than-expected first-quarter revenue, benefiting from stable consumer demand, rising buyer activity, and higher spending per customer despite a cautious economic backdrop.
The online...
Queen Camilla Turns State Visit Jewelry Into a Lesson in Royal Storytelling
During her high-profile visit to the United States alongside King Charles III, Queen Camilla has once again demonstrated that royal jewelry is far more...
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