Happy Ocean by Chopard!

Being one of the most successful collections of the Chopard family, the Happy Sport collection recently launched the Happy Ocean. Sporty yet elegant, the watch makes a perfect companion that is ready to go exploring the ocean, relaxing on a yacht or strolling on the sand with its tasteful owner.

IIGJ Varanasi opened up!

Indian Institute of Gems & Jewellery (IIGJ), Varanasi inaugurated on Saturday, January 20, by Amit Shah, BJP President & MP in the presence of Yogi Adityanath, CM-UP, Dr Mahendra Pandey, President-BJP, UP, Praveenshankar Pandya, the outgoing Chairman-GJEPC & Office bearer & officials from GJEPC, amid invitees & guests.

GST reduced on diamond is a boost up!

Recently GST Council announced, Tariff item 7102, Diamonds and precious stones, GST rate recommended for reduction from 3% to 0.25%!  

As per discussions held in the 25thGST Council Meeting, the Union Finance Minister Shri Arun Jaitley Chaired the 25th Meeting of the GST Council in New Delhi. The Council has recommended certain in GST/IGST rate and clarifications in respect of GST rate on Goods specified below as per discussions.

Tiffany Outlook for Fiscal 2018

Management's preliminary view for fiscal 2018 calls for a mid-single-digit percentage increase in worldwide sales. Management also anticipates increased levels of spending in a number of areas, including technology, marketing communications, visual merchandising, digital, and store presentations, which it believes are necessary to achieve its longer term sales, margin and earnings growth objectives.

A tribute to the skills of Thai craftsman

Artinian, the fine jewellery house from Armenia, founded by Arto and Saro Artinian has been relying on the exquisite craftsmanship of Thai artisans for more than two decades, Thailand portal of The Nation magazine reports.

Park Lane Jewellery opens!

Park Lane Jewellery, has officially launched the newest franchise, in the United Kingdom. With the UK experiencing stagnant growth and growing unemployment, Park Lane will be committed to offering all of the UK an opportunity to own a home-based enterprise backed by a well-established, debt-free, 62 year old Direct Sales Jewellery giant.

Diamond Pendants for Valentine's Day!

Pure Gold Jewellers has released an exquisite selection of special edition diamond pendants available at all stores across the GCC, as well as duty free stores in Jordan and Changi, Singapore to celebrate love for Valentine's Day.

Not only are the three exclusive pieces eloquently designed and feature key and heart-shaped designs accented with diamonds, but each piece also comes with a free AED 750 discount voucher for use at any Pure Gold Jewellers store, free lifetime repair warranty, and double loyalty points for Royalty Rewards members.

GJEPC welcome's reducing GST rate!

Shri Pramod Agarwal, Chairman, Gems and Jewellery Export Promotion Council on GJEPC welcome's GST council's move of reducing GST rate on C&PD and Precious Stones from 3% to 0.25%.

GJEPC on behalf of the G & J trade fraternity welcomes the announcement made by GST Council regarding reduction of GST rate on Diamonds & Precious Stones from 3% to 0.25%. This move will certainly support the SMEs of the sector and small players including brokers, agents, and traders to function smoothly without blockage of working capital.

FY19 Outlook India!

According to Dr. Sunil Kumar Sinha, India Ratings and Research (Ind-Ra) expects gross domestic product (GDP) to grow 7.1% YoY in FY19. Robust consumption demand and tailwinds from low commodity prices have been the key growth drivers over the past few years. While consumption demand is likely to remain a growth driver in FY19 also, tailwinds from low commodity prices are now turning into headwinds.

The Jewellery Boutique Show begins

Opened from 19^th & run through 24th January

Started from Friday, 19th January, VicenzaOro, the International Jewellery Show, with a full calendar of new entries and events. Attended the opening ceremony, Lorenzo Cagnoni, President of Italian Exhibition Group Spa (IEG), Matteo Marzotto, Executive Vice President of IEG, Corrado Facco, Managing Director of IEG and Ivan Scalfarotto, Under Secretary of State for the Ministry Economic Development.

The Show is open with the Visio.Next Summit, a meeting dedicated to the future of luxury and jewellery. The Fiera di Vicenza stage hosts a panel of high level speakers, chaired by Alan Friedman and introduced by a presentation from Claudia D’Arpizio, Partner of Bain & Company and Responsible for Vertical Fashion & Luxury.

Sitting on the panel are Carlo Capasa, President of the Camera Nazionale della Moda Italiana (National Chamber of Italian Fashion), Matteo Marzotto, in his dual role as Executive Vice President of IEG and President of Dondup, Diego Nardin, CEO of Fope S.P.A, Licia Mattioli, CEO of Mattioli S.P.A and Vice President for Internationalization at Confindustria, Adi Al Fardan, Founder of Adi Hasan Al Fardan Jewellery Trading, Andrea Panconesi, Founder and President of LuisaViaRoma S.P.A.

And it is exactly the concept of Visio.Next that will be the recurring theme of VicenzaOro January 2018, a projection of the Show into the future, where multi-channel distribution, brand enhancement, traceability and sustainability will increasingly become the focal points in relations with new consumers.

To confirm its international character, the Show is hosting more than 1,500 brands of which 80% already exhibited at the previous editions of VicenzaOro. The brands are exhibiting in an area of over 25,000 sqm with a growing incidence of brands from the high range segment, much to the satisfaction of Italian Exhibition Group's strategy to create and enhance the community. In fact, the number of top range brands attending VicenzaOro January has risen by + 10%.

Now standing at 40%, the number of international exhibitors from over 35 different countries, is also growing, confirming the Vicenza event's consolidated role as a hub  for the jewellery sector.