Caratlane Q1 Revenue +272% To Rs.157 Crore

Titan Co. subsidiary CaratLane said its Q1 revenue nearly quadrupled (+272%) to Rs.157 crore ($21.1 million) despite only 41% of store operational days in the quarter. Online sales contributed around 50% of…

Sotheby’s Presents Brilliant & Black

Sotheby’s set to hold the first-ever selling exhibition in New York showcasing creations of only Black jewellery designers. In the first of its kind, Sotheby’s will stage a selling exhibition dedicated to…

We Needed To Evolve With Times: Abhishek Ghatiwala

Abhishek Ghatiwala, CEO and Creative Director, tells us about the reasons for re-branding and opening a designer office-cum-atelier of Ghatiwala Jewellers, Jaipur. Ghatiwala Jewellers, the 70-year-old brand renowned for its grand jadau…

Signet Extends Liquidity, Strengthens Balance Sheet

Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, announced further updates to initiatives aligned with its Inspiring Brilliance strategies. The company has renegotiated its $1.5 billion asset-based lending facility, which…

Signet Rolls Out New Name For Piercing Pagoda Brand

Signet Jewelers said its rapidly growing, affordable fine jewellery and piercing retailer, Piercing Pagoda®, is ushering in a bold new chapter in its 50-year evolution with the testing and introduction of a…

Rapaport: Retail Recovery Driving Up Diamond Prices

Diamond market sentiment was upbeat in July despite a seasonal slowdown and high rough prices, Rapaport said in a release. Robust retail sales and supply shortages supported prices for polished, it noted.…