Titan Company Limited’s jewellery division kicked off FY26 on a strong note, reporting a 19% year-on-year increase in total income (excluding bullion and digi-gold) to ₹12,797 crore for Q1. The growth was led by robust performance across its key brands — Tanishq, Mia, and Zoya — which together contributed ₹11,217 crore, marking an 18% increase […]

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Black Friday retail footfall this year will likely be down almost 60% compared to 2019 figures, largely due to England’s four-week lockdown that has seen all non-essential retailers close until 3 December. More specifically, retail footfall will drop 59% on Black Friday itself and 58% over the weekend, by comparison to 2019. The figure is […]

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Sterling silver jewellery brand Kit Heath has partnered with HELLO! magazine for a new necklace for World Kindness Day. The special-edition Kindness necklace is designed to support the #HelloToKindness movement, as well as mark World Kindness Day on 13 November. The 925 sterling silver necklace can be worn at two different lengths and comes with […]

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Hatton Garden-based diamond manufacturer Andre Michael Fine Diamond Jewellery has revealed that its team is “back on the road” and holding meetings after high demand from retailers. It assured clients that it will be operating under strict safety protocols in the wake of the ongoing coronavirus pandemic. Sales personnel have been meeting with retailers at […]

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Alrosa’s diamond sales results for August 2020 rose 19% year-on-year to $216.7 million as demand for rough picked up in preparation for the year-end holiday season. The August sales included proceeds from rough diamond sales of $202.1 million (+12%), and polished diamond sales of $14.6 million (+873%). For eight months of 2020, total rough and […]

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Non-profit organisation Diamonds Do Good, formerly known as the Diamond Empowerment Fund, will bring together key leaders from the retail and diamond sectors to share their viewpoints in its first virtual event on 30th July from 11am to noon EDT. The participants include De Beers’ Bruce Cleaver, Signet’s Gina Drosos, Alrosa’s Sergey Ivanov, Rosy Blue’s […]

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Forevermark, the diamond brand from De Beers Group, recently launched an “immersive, interactive and informative” retail experience in the Caibai jewelry department store in Beijing, China. Forevermark said the 100-square-meter boutique breaks away from the traditional across-the-counter service and instead showcases several digital experiences. These include a discovery wall, which shows stories focusing on the […]

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Retail sales in November increased 0.1 percent seasonally adjusted over October and were up 2.1 percent unadjusted year-over-year. November’s results build on October’s increase of 0.2 percent month-over-month and a strong 4.1 percent year-over-year. The numbers exclude automobile dealers, gasoline stations and restaurants. As of November, the three-month moving average was up 3.3 percent over […]

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Mall traffic rose 91 percent on Black Friday compared to an average weekend. That’s the result of a report from advertising technology company Mobility Technologies. That’s the good news. The bad news, at least for jewelers, is that they were far from top of mind for shoppers. According to Mobility Technologies Black Friday report lingerie […]

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Online sales have grown by 6.2% year-on-year in October, a new report has shown. The IMRG Capgemini Online Retail Index has shown that online sales have seen an increase ahead of the Christmas season. Despite the growth, the report still notes that the increase is still behind the 5-year average of 10%. The news comes […]

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