NEWS
Kalyan Jewellers to Augment Online Presence
Mumbai: Kalyan Jewellers, India’s most
trusted and leading jewellery brand today announced the acquisition of online
jewellery firm Candere. The acquisition will augment Kalyan Jewellers presence
in the growing online jewellery segment in India. Kalyan Jewellers will acquire
the equity held by Singularity Strategic, the family office of Brijesh
Chandwani and Subram Kapoor.
Forevermark Introduces ‘Zanyah’ Collection
Mumbai: Introducing ‘The Zanyah’
Collection, inspired by the magical nights of the 1920s and the cultural
movement from the Italian renaissance. In his first collaboration with
Forevermark, the renowned bridal courturier Sabyasachi Mukherjee designs
exquisite diamond earrings and rings for women and men, a stunning collection
of Heirlooms for Urban Royalty.
Botswana Diamonds-ALROSA JV Receives Approval for Six New Prospecting Licences
Gaborone: Botswana Diamonds plc (BOD) said
that Sunland Minerals Pty Ltd, its joint venture company with ALROSA, has been
awarded six new Prospecting Licenses in Botswana covering a period of three
years ending on March 30, 2020.
Synthetic Diamonds Also Bother Watch Industry
Geneva: In April 2017, a symposium called,
“Synthetic Diamonds: Are Watchmaking and Jewelry in Danger?” was held in
Geneva, specifically to address the issue of synthetic diamonds in the domain
of watchmaking and how it is possible to differentiate natural from lab-grown
stones.
Chow Tai Fook Targets Tourists with Hawaii Launch
Hong Kong: Chow Tai Fook will open a store
in Hawaii through a partnership with travel retailer DFS Group, a subsidiary of
LVMH Moët Hennessy Louis Vuitton.
Fancy color diamond price index slightly up in Q1 2017
New York: The Fancy Color Diamond Index for
the first quarter of 2017 indicates pricing stability across most fancy color
diamond categories. The main exception was blue fancy color diamonds, which saw
a 1.9% price increase in the first 3 months of 2017, continuing the trend of
2016. During the same time, yellow and pink fancy color diamond prices remained
largely unchanged. Overall, the Fancy Color Diamond Index for all shapes and
sizes was up 0.2% for the period.
HRD Antwerp Inaugurates New office in Mumbai
Mumbai: HRD Antwerp officially inaugurated
its new lab & office premises in Mumbai on Tuesday the 25th of April, in
the presence of His Excellency Secretary of State for Foreign Trade of Belgium
Mr. Pieter De Crem. This expansion underscores HRD Antwerp's commitment to fundamentally
strengthening the ties between the world's leading diamond trading center –
Antwerp – and the Bharat Diamond Bourse - the world's largest diamond bourse.
Jewellery World Discusses Concept of “Oneness”
Shenzhen: Prestigious industry leaders and
design experts shared their interpretations of “Oneness,” the theme of the Xifu
International Gold Wedding Jewellery Design Competition 2017 at a forum on
April 19, 2017. Organised by the competition, the forum at the Shenzhen Convention Centre was attended by students,
aspiring contestants and jewellery aficionados.
Bond Girl to Model Jewellery by Roberto Coin During CARAT+
Antwerp: Caterina Murino, star of the James
Bond blockbuster hit, Casino Royale, will model jewellery by the renowned
Italian designer Roberto Coin, during the glittering CARAT+ Night, on Sunday, 7
May.
BlueStone Aims Rs. 1000-Crore Earnings in Next FY
Mumbai: Ratan Tata backed online jewellery
firm BlueStone.com is targeting a revenue of Rs 1000 crore in FY19 and
expecting to achieve profitability around the same time. The company has
clocked a turnover of Rs. 250 crore in FY17.