Caviar Introduces Mechanical Watches with a Piece of SpaceX Starship
The Dubai luxury brand has unveiled the Space Tornado collection of mechanical watches, inspired by space whirlwinds that cause the northern lights on Earth. The dial of the flagship model is encrusted with a...
GJEPC Surat RO Hosts Seminar on AI in Jewellery Industry
The GJEPC Gujarat Regional Office recently organised its first-ever dedicated seminar on ‘Artificial Intelligence in the Jewellery Industry’. Mr. Vijay Mangukiya, the Regional Chairman – Gujarat, welcomed participants and provided an overview of GJEPC’s...
Signet Intensifies Focus On Fashion Jewellery With LGDs
Signet Jewelers is ramping up its emphasis on lab-grown diamonds (LCDs) within its fashion jewellery lines, according to its First Quarter Fiscal 2025 Earnings call. The move comes as the company looks to capitalise...
Chow Tai Fook Sees Revenue Surge On Festive Demand
Chow Tai Fook reported a significant boost in revenue, driven primarily by strong festive demand across its key markets. For the financial year ending 31st March, 2024, the group's revenue increased by 14.8% to...
Department Store U-Turn on Jewelry Sales
Kohl's, the US retail chain, aims to sell more jewelry in its almost 1,200 department stores.
It represents something of a U-turn for the company, three years after it reduced its jewelry offering and gave...
Central Bank Gold Demand Expected To Rise In 2025: Survey
More than eight in ten (81%) of respondents have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the...
GJEPC Hosts Seminar On Membership Benefits, MSME Schemes In Satara
The Gem and Jewellery Export Promotion Council (GJEPC), in collaboration with the Satara District Saraf Suvarnakar Association and Satara Sarafa Association, hosted an informative seminar aimed at raising awareness about the benefits of GJEPC...
$3.5m Yellow Diamond Pulled from Sale
Another high-value yellow diamond has been withdrawn from sale by auctioneers at the last minute.
The 45.07-carat fancy vivid yellow, billed as highlight of the Phillips New York Jewels Auction, was expected to fetch $2.8m...
Signet Q1 Sales Decline 9.4% but Engagement Recovery Continues
Signet Jewelers reported sales of $1.51 billion for the first quarter of Fiscal 2025, that ended 4th May 2024, marking a 9.4% decline from $1.67 billion in Q1 Fiscal 2024. Despite a challenging start...
Government Clarifies Re-import Rules for Unsold Jewellery at Exhibitions
The Ministry of Commerce & Industry has issued a crucial clarification concerning the re-import of unsold jewellery exported for exhibitions under specific conditions outlined in the Handbook of Procedure, 2023. This announcement follows recent...
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