NEWS

Signet to Unveil Inaugural CSR Report

Signet to Unveil Inaugural CSR Report

New York: Signet Jewelers Ltd, the world's largest diamond jewelry retailer with around 3,600 stores in the United States, Canada and the UK, is launching its inaugural Corporate Social Responsibility Report.


Chow Tai Fook Posts Solid Sales Growth in Q4

Chow Tai Fook Posts Solid Sales Growth in Q4

Hong Kong: Hong-Kong based Chow Tai Fook, reports strong retail sales growth in the fiscal fourth quarter, reversing 12 consecutive quarters (3 years) of same store sales decline in Hong Kong and Macau, dating back to Q4 2014. The uptick was strongest in Mainland China, where overall retail sales value increased 16% while same store sales rose 12%. Overall and same store sales in Hong Kong and Macau rose by 1% and 4% respectively.


Chocolate Diamonds Gaining Popularity

Chocolate Diamonds Gaining Popularity

Perth: ‘Chocolate’ diamonds have gained in popularity in recent years, to the chagrin of many purists. For years some diamond jewelry companies have been accused of generating a hype about diamonds traditionally seen as bottom-the-barrel stones, effectively deceiving end consumers by rebranding brown diamonds as ‘chocolate’. Jezebel and the Daily Mail have gone so far as to call these jewelers “liars” who are “fooling women”, claiming the name and marketing of the chocolate diamond is insulting: “Women won’t be able to resist, because it’s chocolate! Women won’t care that they’re just brown rocks if we call them chocolate!” Why then are chocolate diamonds growing in popularity?


GJEPC to Set up Gem & Jewellery Institutes in Varanasi, Udupi

GJEPC to Set up Gem & Jewellery Institutes in Varanasi, Udupi

Mumbai: The Gem & Jewellery Export Promotion Council of India (GJEPC) is setting up the Indian Institute of Gem & Jewellery (IIGJ) at Varanasi in Uttar Pradesh and Udupi in Karnataka to enhance artisans skills for gem & jewellery sector.


De Beers Rigs Botswana Sales Contract Negotiations

De Beers Rigs Botswana Sales Contract Negotiations

Gaborone: The De Beers Group has scored a major coup against Diamond Trading Company Botswana (DTCB), rigging the odds against Botswana as the country prepares to re-negotiate the Diamond Sales Agreement which lapses in 2020 and reversing achievements of the De Beers relocation from London to Gaborone.


Dominion Upbeat Despite Sales Decline

Dominion Upbeat Despite Sales Decline

Toronto: Dominion Diamond Corporation saw a 21% slump in sales during the fiscal year that ended January 31, with lower-quality production at its two Canada mines leading to reduced revenue. Nonetheless, it expressed optimism Wednesday about its prospects for the next three years, as it continued to undergo a strategic review that might result in the sale of the company.



Various Courses Offered by IIGJ, Mumbai

Various Courses Offered by IIGJ, Mumbai

Mumbai: Now leverage your creativity and skill to create a distinguished career in the fast-growing gems & jewellery sector. Indian Institute of Gems & Jewellery (IIGJ) Mumbai, an initiative of Gem & Jewellery Export Promotion Council of India (GJEPC), now offers comprehensive and intensive training using state-of-the-art resources encompassing qualified & trained faculty and equipment, supported by audio-visual techniques. The minimum eligibility starts from SSC onwards.

Technological Innovation, Taxation Top DPMC Agenda

Technological Innovation, Taxation Top DPMC Agenda

Dubai: Major concerns in the global precious metals industry including technological advances, taxation, and macroeconomic and shifting geopolitical issues were high on the agenda of the sixth Dubai Precious Metals Conference (DPMC).


Pandora Supports Women Empowerment Initiatives

Pandora Supports Women Empowerment Initiatives

New York: Pandora Jewelry recently announced a continued partnership with Dress for Success, a global not-for-profit organisation, to support various programmes towards women empowerment.


International Meeting of Mujeres Brillantes at Vicenzaoro

International Meeting of Mujeres Brillantes at Vicenzaoro

Vicenza: VICENZAORO will host in September, an international meeting of “Mujeres Brillantes” (Brilliant Women), a group of about 500 businesswomen operating in the gold and jewellery sector that, although mainly from Latin America, also come from Turkey, Russia, Italy, Romania and Israel.


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