Richemont’s Jewelry Sales Up 11% in Q3
Geneva--Richemont reported Thursday that jewelry division sales were up 11 percent at constant exchange rates and 5 percent at actual exchange rates in the third quarter ended Dec. 31.
Sales were not as strong...
ALROSA’s Total Diamond Sales For 2017 Almost Touch US$ 4.3 billion
ALROSA Group’s total diamond sales for December 2017 amounted to US$ 237.8 million. Of this revenue for rough diamonds amounted to US$ 228.3 million; while sales for polished diamond stood at US$ 9.5...
EXCLUSIVE OPINION: What jewellers need to do to win market share in 2018
Samantha Dover, a retail analyst at award-winning market research provider Mintel, reveals key insights from the latest Jewellery and Watches Retailing report, and unpacks what the next 12 months will look like for UK...
Pramod Kumar Agarwal and Colin Shah Elected GJEPC Chairman & Vice Chairman for 2018-20
Announcing results of the elections, The Gem & Jewellery Export Promotion Council said that Pramod Kumar Agarwal has been elected as Chairman and Colin Shah as Vice Chairman of GJEPC for the period from...
COLLECTION: Deakin & Francis kickstarts the year with big dreams
Birmingham-based jewellery manufacturer Deakin & Francis has unveiled its first collection launch of 2018.
With pieces for both men and women, the new Dreamcatcher collection comprises cufflinks, pendants, earrings and rings, all of which contain...
GIA to expand presence in India and Belgium
The Gemological Institute of America (GIA) will open a new laboratory in Surat, India and expand its long-term presence in Antwerp, Belgium in the second quarter of 2018 to meet the needs of the...
Signet’s Holiday Sales Show Mixed Results: Total Sales Down 3.1%; E-Commerce & Zales Rise
Signet Jewelers Limited announcing its sales for the nine weeks ended December 30, 2017 (Holiday Season) reported that same store sales (SSS) decreased 5.3%, while total sales decreased 3.1%.
Signet's total sales amounted to US$...
Gübelin Working to Create Blockchain for Colored Stones
Lucerne, Switzerland--In an effort to create more transparency, Gübelin Gem Lab is partnering with a technology company to create a blockchain for colored stones.
The lab announced Tuesday it is working with emerging tech...
Diamond rings ranked number one piece of jewellery sold at Christmas
Independent jewellery retailers have named diamond rings as the most sold jewellery product this Christmas.
In a Christmas Trading Survey conducted by the Company of Master Jewellers, its retail members revealed a spike in consumers...
Gübelin Gem Lab and Everledger Partner Project to Introduce Blockchain for Coloured Gemstones
In order to work towards creating the first blockchain for the sector, the Gübelin Gem Lab and Everledger, a leading global emerging technology enterprise, have come together to create...
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