DMCC signed a Memorandum of Understanding (MoU) with Botswana’s Okavango Diamond Company (ODC) that will see the two parties work closely together to promote the diamond industries in the UAE and Botswana,…
The National Retail Federation (NRF) issued its annual forecast, anticipating that retail sales will grow between 6% and 8% to more than $4.86 trillion in 2022. The announcement was made during NRF’s…
The London flagship boutique of renowned designer FAWAZ GRUOSI presents a wide array of extraordinarily opulent high jewellery, often set with unusual combinations of coloured gemstones. The high-end jewellery designer shares his…
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new round of broad sanctions against Russia on 11th March due to its invasion of Ukraine. USA President…
Titan Co., India’s leading jewellery retail chain, has paid $20 million in cash for a 17.5% stake in US-based lab-grown diamond (LGD) jewellery retailer Great Heights Inc. “This is a strategic investment…
At a glittering event, GJEPC the apex body of the gem & jewellery trade in India, felicitated Bijayananda Pattanayak, Executive Vice President and Head – Global Diamond & Jewellery Group, IndusInd Bank, for…
Diamond manufacturer Shree Ramkrishna Exports (SRK) organised a blood donation camp on 4th and 5th March 2022 at its green crafting facilities ‘SRK Empire’ and ‘SRK House’ in Surat. The camp was…
US jewellery sales climbed 22.4% in February 2022 versus a year ago as consumers continue to dip into their savings to purchase symbols of self-expression, said Mastercard SpendingPulse, a company that tracks…
There is a gradual movement in the jewellery industry towards multi-brand retail. Top brands are exploring new opportunities to expand their label in and outside their country of origin, even if it…
The industry is witnessing a surge in exports and domestic sales of gold jewellery (Plain & Studded) post pandemic. In the calendar year 2021, exports of gold jewellery grew by 50% to…