Swarovski Opens Its Second-Largest Store in India at Pacific Mall, New Delhi
Swarovski, the renowned crystal jewelry and accessories brand, has launched its second-largest brick-and-mortar store in India at Pacific Mall Tagore Garden in New Delhi. This exclusive outlet, known as the 'Wonderlux' boutique, promises a...
Job Losses at Tiffany Subsidiary in Antwerp Amid Diamond Industry Struggles
A subsidiary of luxury brand Tiffany & Co., Laurelton Diamonds, is set to lay off 26 employees at its Antwerp operations as the company grapples with a continued downturn in demand for diamonds.
Founded in...
US Watch and Jewelry Sales Decline in January, Ending Growth Streak
The US watch and jewelry market experienced a downturn in January, marking the first decline in sales in over a year. According to the latest data from the US Department of Commerce, sales dipped...
Alrosa Secures Top-Tier AAA Credit Rating from ACRA
Alrosa has been awarded the prestigious AAA(RU) credit rating by ACRA. This rating signifies the highest level of creditworthiness on the national scale, paired with a stable outlook, marking a first in Alrosa’s history.
The...
PNG Jewellers Expands Presence with Grand Chinchwad Store Opening
PNG Jewellers has expanded its footprint with the launch of a new store in Chinchwad, Maharashtra. The grand inauguration featured Bollywood icon Madhuri Dixit, who joined Chairman Dr. Saurabh Gadgil and Executive Director Parag...
GIA Laboratory in Ramat Gan, Israel, to End Operations
The Gemological Institute of America (GIA) laboratory in Ramat Gan, Israel, will end operations by the end of 2024 due to changes in the global diamond industry that resulted in significant declines in submissions...
Global Luxury Could Grow by 12% This Year, says Bain
The global luxury market could increase by as much as 12 per cent this year, if China bounces back from lockdowns and there's sustained growth in Europe and the Americas.
Even if there's a general...
India Poised to Become the World’s Fastest-Growing Consumer Hub: Angel One Report
India is on track to become a global consumer powerhouse, outpacing major economies in the coming years, according to a new report from Angel One. The country’s consumption sector, which currently makes up 56%...
CIBJO to Host Sustainability and Diamond Market Seminars at VicenzaOro
CIBJO, the World Jewellery Confederation, will hold a series of educational seminars at the upcoming VicenzaOro trade show, focusing on sustainability, traceability, and the evolving diamond market.
The four "hybrid" seminars will be held on...
LBMA Adds India’s Choksi Heraeus to Silver Good Delivery List
Choksi Heraeus Pvt. Ltd. (CHPL), a leading silver refinery based in Udaipur, Rajasthan, India, has been added to the London Bullion Market Association (LBMA) Good Delivery List for silver, effective from 14th November.
To secure...
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India Poised to Become the World’s Fastest-Growing Consumer Hub: Angel One Report
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Giva Unveils Its First Airport Jewelry Store at Chennai International Airport
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