According to the Financial Times, De Beers, a major diamond manufacturer, has built its largest diamond inventory since the 2008 financial crisis, with a stockpile valued at around $2 billion….
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US Jewelry Sales Experience 4% Growth This Holiday Season, Reports Mastercard
Recent data from Mastercard and SendingPulse reveals a favourable trajectory for the U.S. jewellery industry during the holiday season. This year, jewellery sales increased 4% over the previous holiday season,…
GJEPC Conducts Comprehensive Session on Bullion Import Strategies and Gold Price Hedging Techniques
Gems and Jewellery Export Promotion Council (GJEPC) recently organised a specialised session on bullion imports and gold price hedging strategies using the Indian International Bullion Exchange (IIBX). The event was…
GJEPC Submits Key Pre-Budget Recommendations to Finance Minister to Boost Gem and Jewellery Sector Growth
Vipul Shah, Chairman of Gems and Jewellery Export Promotion Council (GJEPC), recently met Finance Minister Smt. Nirmala Sitharaman, as part of the pre-budget consultations in Delhi on December 26. During…
Gemfields Suspends Kagem Mining Amid Cost-Cutting Efforts
Gemfields Suspends Kagem Mining as part of its transformation strategy to improve operational efficiency and resilience in the face of market challenges. Despite a decline in emerald and ruby auction…
Nita Ambani Shops for Luxury Jewellery at C. Krishniah Chetty Group in Bengaluru
Nita Ambani recently made headlines during her visit to Bengaluru when she graced a well-known saree store. However, her primary intention was to connect with the esteemed C. Krishniah Chetty…
CIBJO President Highlights Impact of Industry Infighting on Consumer Confidence in Jewelry at Hainan Conference
During the mass launch of laboratory-grown diamond jewellery, the marketing strategies used have undermined consumer confidence in jewellery overall, said Gaetano Cavalieri, President of the World Jewelry Confederation (CIBJO), at…
Divine Solitaires Unveils Grand Winner of the 3rd Edition of The Solitaire Festival of India
Divine Solitaires concluded with the third edition of the Solitaire Festival of India (TSFI), which took place in August 2024. This event was consolidated as the promotion of the largest…
Regal Jewellers Set to Launch Wholesale Outlet in Bengaluru
Regal Jewellers, a big name in the jewelry world, plans to open its first wholesale jewelry store in Bengaluru on December 13, 2024. The news is provided by the company…
Motilal Oswal Midcap Fund Expands Portfolio with Investments in Jewelry and Electronics Firms
Motilal Oswal Asset Management Co. is optimistic about the future of India’s discretionary consumer goods market and the government’s initiatives to improve the manufacturing sector, which he believes will lead…
