As we wave one year goodbye and jump straight into another, Professional Jeweller reflects on the trends and stories of 2019 that are likely to shape the next 12 months… Purchasing of jewellery and watches has gone up According to award-winning market researcher provider, Mintel, two thirds of people have bought jewellery or watches for […]

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The Gem & Jewellery Export Promotion Council’s (GJEPC’s) Jaipur Regional Office organised a workshop on December 17, 2019, to identify the key policy challenges hindering exports of gems and jewellery and to suggest solutions to overcome them. The workshop was held as part of a study being conducted at the initiative of EXIM bank. The […]

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Same-store sales decreased by 5.2% to £87.6m for Signet’s UK operation, which encompasses H Samuel and Ernest Jones, during the first quarter of FY2020. While ATV increased by 0.2%, the number of transactions fell by 5.4% for the retailers collectively. The retail giant says sales declined across categories and continued to reflect a difficult operating […]

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Amazon Fashion is trying to catch up with Myntra, fashion arm of rival Flipkart. In just 6 months it achieved 90% growth. The US-based online marketplace is giving this segment everything it’s got. It recently introduced the Amazon Fashion Studio in Gurugram. This is a facility that provides allied services like top-quality catalogue imaging to […]

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Ecommerce player Amazon today said it has tied up with state-run lender Bank of Baroda to offer micro loans to its sellers. The loans will be offered on invite-only basis to the marketplace sellers. The programme was piloted by Amazon in July this year in association with the bank. The loans will be extended in […]

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New York is hoping to woo retail giant Amazon to open its headquarters in the city, reports said. “New York city believes it is a strong contender for a number of reasons, including its vast higher education system, diverse workforce, and proven track record with hosting tech headquarters. The city’s Google headquarters now has 5,000 […]

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The Hon’ble Union Finance Minister, Government of India, Shri Arun Jaitley yesterday announced the formation of a Committee on Exports to look at the issues of export sector and to recommend to the GST Council suitable strategy for helping the export sector in the post-GST scenario, according to a statement released by the official Press […]

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Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer. The idea of dropshipping is that a wholesale drop shipper (the supplier) […]

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Indian consumers are a price-conscious lot. Period. So when you think of pricing your products, you may want to ensure your prices are such that your target audience does not equate them to burning a hole in their pockets. General steps to follow in setting product prices Set the pricing objective This is one of […]

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