NEWS
Beatrice Shipley Scholarship awarded
GIA
(Gemological Institute of America) and AGS (American Gem Society) have awarded
the Beatrice Shipley Scholarship, named in honor of Mrs Shipley for her many
contributions to both organizations, to fifth-generation jeweler Madelaine
Genna from central Florida. The scholarship provides tuition for Genna to
complete the GIA Graduate Gemologist program on-campus, the AGS Way Course and
to attend the 2020 AGS Conclave in Denver, CO.
Platinum Evara’s campaign with its new collection
Beyond
her choice of couture, and wedding planning, the bride of today has come a long
way in defining and knowing what she expects from her marriage. Armed with an education, a career and the
empowering independence it brings, her choices and decisions are her own. She
values traditions, rituals & set practices but has the ability to question
and not blindly follow them. She seeks an equal partnership from her
spouse-to-be and expects supportive in-laws – a true extension of her own
family & support system.
Pre-sale of Roger Federer silver coin closed
The
pre-sale quantity of 33,000 pieces of the Roger Federer silver coin is sold
out. The coins are no longer available on the web shop. On the day of issue of
23 January, a remaining quantity of 22,000 pieces and higher quality coins will
be put on sale.
A
further 40,000 Roger Federer silver coins will be issued in May 2020. Initially
Swiss mint had announced commemorative coin in honour of Roger Federer. For the
first time in its history, Swiss mint is dedicating a Swiss commemorative coin
to a living person: Roger Federer.
Forevermark enters Belgium today
New
partnership with Gautam Diamonds will see Forevermark jewellery available in
the heart of Brussels and at the airport. Forevermark, the diamond brand from
De Beers Group, announced it will launch in five jewellery stores in Belgium
through a partnership with Gautam Diamonds.
Forevermark
jewellery will be available in Gautam stores in the historic Grand Place/Grote
Markt and Galerie de la Reine/Koninginnegalerij in the city, as well as in
three Antwerp Diamonds by Gautam stores in Brussels Airport.
Kantilal & Bros opens new showroom!
With
the grand & glorious opening of the new showroom at Katargam, Surat, the 70
years journey has added one more fantastic feather in their cap of Kantilal
& Bros. The showroom opened up in the presence of friends & family and
amid invitees & valued guests & HZ trade media on November 27.
At
the inaugural occasion Kantilal & Bros said media, “We were overwhelmed by
the love we received at the opening of our new store in Katargam. We are
heartily grateful to all the media houses that were present on the day of our
opening and devoted their time. Kantilal & Bros Jewellers opened a new
store at Katargam to give an incredible experience to their valued patrons
& buyers.” The Katargam Showroom opened at the Sunday Hub, Aamba Talavadi
Road.
Tanya & Gehna announces alliance
With
the end of the year approaching fast, Gehna Jewellers is closing the decade on
a grand note with a unique collaboration with celebrity stylist Tanya Ghavri.
Credited with styling the likes of Katrina Kaif, Kareena Kapoor Khan, Janhvi
Kapoor and Malaika Arora Khan over the course of her illustrious career in the
fashion industry, Tanya will now be bringing her nuanced lexicon of style to
the world of jewellery.
As a
legacy jewellery house, Gehna Jewellers have become synonymous with their
opulent fare. With the party season around the corner, Tanya will be hitting
refresh on the brand’s signature aesthetic with wearable pieces for everyday
use. The 24-piece collection witnesses the celebrated stylist’s own visual
language expressed through easy-to-love layered pieces.
Q3 up at Tiffany worldwide sales
Tiffany
& Co reported its financial results for the three months, 3Q and 9M-YtD ended
October 31, 2019. Worldwide net sales for the third quarter were unchanged from
the prior year and decreased 2% in the year-to-date period.
On a
constant-exchange-rate basis, which excludes the effect of translating
foreign-currency-denominated sales into U.S. dollars, worldwide net sales for
the third quarter were 1% above the prior year and unchanged in the
year-to-date period.
Signet eCommerce remains vibrant in 3Q
Signet
Jewelers Limited, the world's largest retailer of diamond jewelry, announced
its results for the 13 weeks ended November 2, 2019 that is 3Q FY 2020.
According to the report, same store sales (SSS) remained up by 2.1%. Net cash
provided by operating activities of $113.5 million year to date and free cash
flow of $18.2 million year to date.
According
to the Fiscal 2020 Guidance, Fiscal 2020 same store sales down 1.7% to down
1.0% and total sales of $6.01 billion, compared with previous of $6.05 billion.
Fiscal 2020 GAAP operating income of $147 - $167 million and non-GAAP operating
income of $270 - $280 million. Fiscal 2020 GAAP diluted EPS of $1.21 - $1.52
and non-GAAP diluted EPS of $3.11 - $3.292.
Buy Argyle Pink Diamonds at IGI way
The
International Gemological Institute (IGI), has joined forces with John Glajz, a
Singapore-based authorized partner of Argyle Pink Diamonds for nearly 25 years,
to certify these gems, which are some of the rarest in the world, creating The
Collector’s Edition: An Exclusive Selection of Argyle Pink Diamonds. As the Australian mine that produces the
majority of the diamonds is slated to close in 2020, this collection is likely
to become more valuable.
Micro Enterprises Assisted under PMEGP
About
5.70 Lakh Micro Enterprises Assisted under PMEGP upto 31st October, 2019 said, Ministry
of MSME-is implementing Prime Minister’s Employment Generation Programme
(PMEGP), which is a major credit-linked subsidy programme aimed at generating
self-employment opportunities through establishment of micro-enterprises in the
non-farm sector.
By
helping traditional artisans and rural/urban unemployed youth under the scheme,
beneficiary can avail loan up to Rs. 25 lakh in the manufacturing sector and
Rs. 10 lakh in the service sector, with the subsidy of 15% to 35% for different
categories.