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 […]

The post Amazon Ties-Up With Bank of Baroda to Offer Micro Loans to Sellers appeared first on The Jewelry Magazine.

Compagnie Financière Richemont SA announcing sales results of  the Group for the five months ended 31 August 2017,  prior to   its Annual General Meeting held last week,  said  that its sales for the period had increased by 12% at constant exchange rates; and by 10% at actual exchange rates. “Excluding the exceptional inventory buy-backs in […]

The post Richemont Sees Sales Increases for Five Months Upto August 31, 2017 appeared first on The Jewelry Magazine.

Exports of cut and polished diamonds from India were US$ 1.82 billion in August 2017, a decline of 6.5% as compared to the US$ 1.94 bn in the same month a year earlier, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of gold jewellery (both studded and plain), […]

The post India’s Polished Diamond Exports Decline 6.5% in August appeared first on The Jewelry Magazine.

The female self-purchase segment has become an increasingly important part of the diamond jewelry market, according to De Beers’ latest Diamond Insight Report. In the United States, 33 percent (i.e., one-third) of all female nonbridal diamond jewelry was purchased by women for themselves. That’s up from 23 percent in 2005. In the U.S., the number […]

The post Female Self-Purchases of Diamonds Hit Record Levels, De Beers Says appeared first on The Jewelry Magazine.