LVMH is World’s Most Valuable Luxury Group
LVMH is the world's most valuable luxury company, based on market capitalization and revenue.
That's according to Insider Monkey, the investing website that has just published its top 25, based on a snapshot of their...
Anglo American Cuts 3,700 Platinum Jobs
Anglo American is to cut 3,700 jobs in its platinum division after profits plunged.
It blames "macroeconomic uncertainty", and a 35 per cent fall in price of platinum group metals (PGM), which are used in...
Namibia Increases Diamond Production in 2023
Namibia's rough diamond production increased by 9 per cent during 2023 to 2.33m carats.
Marine diamonds, which account for the majority of its output, were up 8 per cent to 1.86m carats, according to Debmarine...
Harry Winston Opens Eighth Store in China
The US jeweler Harry Winston is expanding its operations in China with the opening of an eighth store.
It's located in the Wulin commercial district of Hangzhou, the country's 11th biggest city, which has a...
Botswana Goes Ahead with HB Purchase
The government of Botswana is to go ahead with its purchase of a 24 per cent stake in HB Antwerp.
That's according to documents providing details of finance minister Peggy Serame's national 2024/25 budget, presented...
Meerut Bullion Traders Association Proposes Jewellery Park In Talks With GJEPC
A delegation from the Meerut Bullion Traders Association (MBTA) led by Dr. Laxmikant Bajpai, engaged in discussions with the GJEPC on the sidelines of the India Gold & Jewellery Summit (IGJS) in New Delhi...
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...
GJEPC’s Delhi RO Holds Export Outreach Program In Amritsar
The GJEPC, Regional Office, Delhi, organised an Export Outreach Program jointly with the office of Additional DGFT, Ludhiana and ECGC with the support of The Amritsar Jewellers Association at Hotel Lawrance, Amritsar on 18th...
GJEPC Surat RO’s Export Process Course Receives Overwhelming Response
The GJEPC Regional Office in Surat inaugurated the 12th batch of the two-day Export Process Certificate Course on 12th – 13th January in the diamond hub. Tailored for the gems and jewellery industry, this...
US Jewelry Sales Slip Despite Holiday Uptick
Consumer spending on jewelry in the US slipped by 2.0 per cent over the holiday period, despite an uptick in the economy, according to Mastercard SpendingPulse.
Overall retail sales for 1 November to 24 December...
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LVMH Jewellery & Watch Sales Fall 5% To €2.58 Billion In Q1
Luxury behemoth LVMH Moët Hennessy Louis Vuitton registered a 5% decline in jewellery and watch sales to €2.589 billion for Q1 2024 compared with...
Spotlight on Indian Karigars at the Big Fat Indian Wedding!
Traditional jewellery has been an integral part of Indian weddings for centuries, consistently topping the wish lists of Indian brides then and now!
The biggest...
IGJS Attracts 250 Foreign Buyers
The third edition of International Gem & Jewellery Show (IGJS) in Jaipur, India, attracted 250 buyers from 27 countries, say organizers.
The three-day event, which...
Sonam Kapoor introduces Zoya’s My Embrace
Zoya’s New Brand Campaign Featuring Sonam Kapoor Introduces Its Iconic Symbols Of Self Acceptance
India, April 2024: Zoya, the exquisite diamond boutique from the House...
GIA Launches Printed Versions of Digital Reports
GIA is introducing printed versions of its AGS Ideal Reports.
The grading lab says it's responding to customer demand, despite a general move away from...
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