GJEPC Outreach Program Pushes Industry Towards AEO Status

GJEPC Outreach Program Pushes Industry Towards AEO Status

GJEPC recently conducted a highly informative Outreach Program focused on obtaining Authorized Economic Operator (AEO) status towards enhancing international trade operations, strengthening supply chain security, and enhancing global competitiveness. Held on 18th March, 2024,...
Gems and Jewellery Export Promotion Council GJEPC

GJEPC Delhi RO Webinar Highlights India-UAE CEPA Potential for Gold Industry Growth

GJEPC’s Delhi Regional Office hosted a webinar on 14th March focused on exploring the potential of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and its impact on the gold industry through the India International...
Indian Polishers Warned over G7 Sanctions

Indian Polishers Warned over G7 Sanctions

Diamond companies in India have been warned they must keep "meticulous" records to comply with G7 sanctions on Russian goods. The Gem and Jewellery Export Promotion Council (GJEPC) has told its 7,500 members to make...
Lab Growns: It's all about Price, says Pandora Boss

Lab Growns: It’s all about Price, says Pandora Boss

Pandora's CEO says consumers don't buy lab growns because they're "sustainable". They buy them because they're cheap. Alexander Lacik told Fortune magazine: "When we talk about product choice, there are only two things that actually...
Rapaport: Diamond Prices See Mixed Trend in February

Rapaport: Diamond Prices See Mixed Trend in February

Diamond prices declined for higher clarities in February following a positive trend in the previous month, Rapaport Group said in a press release. Demand for SI qualities improved. The US and other Group of Seven...
Alrosa Announces Increased Sales for 2023

Alrosa Announces Increased Sales for 2023

Alrosa reported a 9 per cent increase in rough diamond sales in 2023, to $3.55bn, despite Western attempts to impose sanctions over its invasion of Ukraine. However net profit dropped 15 per cent to $939.3m,...
LVMH is World's Most Valuable Luxury Group

LVMH is World’s Most Valuable Luxury Group

LVMH is the world's most valuable luxury company, based on market capitalization and revenue. That's according to Insider Monkey, the investing website that has just published its top 25, based on a snapshot of their...
Anglo American Cuts 3,700 Platinum Jobs

Anglo American Cuts 3,700 Platinum Jobs

Anglo American is to cut 3,700 jobs in its platinum division after profits plunged. It blames "macroeconomic uncertainty", and a 35 per cent fall in price of platinum group metals (PGM), which are used in...
Namibia Increases Diamond Production in 2023

Namibia Increases Diamond Production in 2023

Namibia's rough diamond production increased by 9 per cent during 2023 to 2.33m carats. Marine diamonds, which account for the majority of its output, were up 8 per cent to 1.86m carats, according to Debmarine...
Harry Winston Opens Eighth Store in China

Harry Winston Opens Eighth Store in China

The US jeweler Harry Winston is expanding its operations in China with the opening of an eighth store. It's located in the Wulin commercial district of Hangzhou, the country's 11th biggest city, which has a...

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India is on high alert as the U.S. prepares to potentially raise tariffs, threatening to worsen the already fragile state of the country's diamond...
Victor Osimhen Commissions $1M Gold and Diamond Mask—A Symbol of Grit and Glory

Victor Osimhen Commissions $1M Gold and Diamond Mask—A Symbol of Grit and Glory

Soccer superstar Victor Osimhen has taken luxury to the next level, commissioning a $1 million gold-and-diamond replica of the protective mask that has become...
Giva Unveils Its First Airport Jewelry Store at Chennai International Airport

Giva Unveils Its First Airport Jewelry Store at Chennai International Airport

Jewelry brand Giva has officially launched its first airport store at Chennai International Airport, Terminal 1 Departures, marking a significant step in its retail...
CaratLane Expands Festive Jewellery Line with Celestial-Inspired Sol & Luna Collections

CaratLane Expands Festive Jewellery Line with Celestial-Inspired Sol & Luna Collections

CaratLane, the renowned omnichannel jewellery retailer from the Tata Group, has unveiled two exquisite new collections—Sol and Luna—designed to capture the magic of celestial...
LVMH Appoints Jean-Christophe Babin to Lead Watches Division

LVMH Appoints Jean-Christophe Babin to Lead Watches Division

LVMH has announced the appointment of Jean-Christophe Babin as the new CEO of its prestigious watches division. Babin, a seasoned veteran in the watches...
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