NEWS
Some Areas Need to Be Addressed: GJEPC
Mumbai: Mr. Praveenshankar Pandya, Chairman
of India’s Gem & Jewellery Export Promotion Council (GJEPC) has issued the
following statement in reaction of the Union Budget 2017.
LVMH Growth Highlights High-End Resilience
Paris: LVMH Moët Hennessy Louis Vuitton
reported jewelry and watch sales jumped in the fourth quarter, indicating
luxury consumers shrugged off global economic uncertainty this holiday season.
Dominion Diamond CEO to Resign
Toronto: Dominion Diamond Corp. CEO Brendan
Bell is stepping down after a little over two years in the job.
First Gahcho Kué Diamond Sale Disappoints
Toronto: A cash crunch in the Indian diamond industry forced Mountain Province to withdraw a quarter of rough diamonds from its first sale of production from the Gahcho Kué mine in Canada, the company reported.
ALROSA Recovers 3 Large Special Diamonds
Moscow: Russian diamond producer ALROSA said it has recovered three large special diamonds from two deposits at its Aikhal Mining and Processing Plant.
Platinum Shines Screen Actors Guild Awards
Los Angeles: Hollywood’s most glamorous
stars celebrated their achievements wearing platinum jewelry at the 23rd Annual
Screen Actors Guild Awards and related parties. Linear diamond earrings and
statement rings were the top jewelry trends last night.
Designers prefer precious to create
masterpieces in platinum. Platinum Guild International is pleased to share that
leading red carpet jewelry brands such as Tiffany & Co., Neil Lane, and
Fred Leighton chose to style A-list celebrities in rare and enduring platinum.
The following stars chose to wear platinum
jewelry to celebrate their achievements:
Natalie
Portman in Platinum by Tiffany & Co.• Earrings
with mixed cut diamonds, set in platinum ($50,000)• Bracelet
with mixed cut diamonds, set in platinum ($125,000)• Ring
with diamonds and a yellow sapphire, set in platinum ($105,000)
Emma
Stone in Platinum by Tiffany & Co.• Earrings
with diamonds and chrysophrase, set in platinum ($25,000)• Ring
with diamonds, set in platinum ($9,500)
Kerry
Washington in Platinum by Neil Lane• Stud
earrings with diamonds (20 carats), set in platinum• Bands
with diamonds, set in platinum
Nicole
Kidman in Platinum by Fred Leighton• Arrow
pendant earrings with diamonds and onyx, set in platinum
Evan
Rachel Wood in Platinum by Tiffany & Co.• Earrings
with mixed cut diamonds, set in platinum ($50,000)• Ring
with diamonds and tanzanite, set in platinum ($60,000)
Amanda
Peet in Platinum by Fred Leighton• Art
Deco Waterfall earrings with diamonds, set in platinum• Art
Deco bracelet with diamonds, set in platinum
Laura
Carmichael in Platinum by Neil Lane• Drop
earrings with diamonds, set in platinum
Erin
Moriarty in Platinum by Neil Lane• Necklace
with diamonds, set in platinum
Pandora to Open 50 Showrooms in India
Mumbai: Denmark’s jewellery manufacturer
Pandora said on Friday that it would enter the Indian market and open 50 stores
in the coming three years as it is pursuing an ambitious expansion target.
India’s G&J Exports May Go Up by 10% in 2017
Mumbai: Gems and jewellery exports are
likely to witness a growth of about 10 per cent this fiscal due to increasing
demand in the US and Europe, according to the industry's apex trade promotion body.
Eighth BrilliANT Trade Fair Begins
Antwerp: Following tradition, during the
last three days of January, Antwerp's diamond quarter becomes an international
exhibition venue that hosts the annual BrilliAnt - the Antwerp Diamond Trade
Fair. By noon time of Sunday, January 29th, hundreds of retail jewelers,
jewellery manufacturers, and other diamond buying visitors were making their
way into the halls of the Antwerp Diamond Bourse and Diamond Club of Antwerp to
participate in the eighth edition of the fair.
Andhra Pradesh Has Huge Gold Mining Potential
Visakhapatnam: Andhra Pradesh is literally
a gold mine! The state has a huge potential for gold mining and is the only
state in India where two exclusive gold mines are being set up by an
Australian-Indian organisation.