Global Luxury Market on Growth Path
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Monday,July 18 2022 [ Issue 5 July/ 2022 ]
Global Luxury Market on Growth Path
According to a report published by the Italian luxury goods manufacturers’ foundation, Fondazione Altagamma, in association with Bain & Company, the global luxury goods market has shown rapid growth that could reach €380 billion by 2025. This year’s edition of Paris Haute Couture Week sparkled with new brands making their mark into the world of high jewellery. Valérie Messika launched Beyond the Light, high jewellery collection inspired by Ancient Egypt; Ankit Mehta Co-founder of Unsaid and Walking Tree Ventures and owner of natural diamond jewellery brand Her Story launched the world’s largest lab-grown diamond Reminiscence Ring of 35.90 carats. The Fashion Group International revealed the lineup for this year’s honorees at its Night of Stars gala this fall. Fabergé celebrated its 180-year anniversary by unveiling a Capsule Collection. Kunming Diamonds, a global leader in natural fancy-colored diamonds, is pleased to announce the appointment of Rahul Jauhari as Director – Sales and Marketing.

Rahul Jauhari, an enterprising leader, has an impeccable track record of 17 years in the Gem & Jewellery industry. Business Development, branding, and strategy are some of his core expertise. He is a firm believer that sustainability and traceability are key to the future of our industry. His experience, know-how, network, proactive and futuristic business outlook make him ideally suited to spearhead the company’s plans.

“Natural fancy-colored diamonds are truly the epitome o

 
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Highlights
The gem & jewellery exports to UAE have started showing positive impact post the Comprehensive Economic Partnership Agreement CEPA) with UAE. Post the implementation of India -UAE CEPA on 1st May, plain gold jewellery exp
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GIA (Gemological Institute of America) welcomes Johanna Levy as the Institute’s first vice president of environmental, social and governance (ESG) programs. With more than 15 years of international experience leading hi
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Figures released by the Israel Diamond Controller for the first half of 2022 show that the positive trend in the diamond industry continued. All four major trade categories reported growth from January to June 2022, continuin
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Graff, the British multinationaljeweller has filed a law suit against his insurer asking for a cover of the $7.5 million paid as ransom by the jeweller. The UK-based luxury jeweller has reportedly paid more than $7 million in
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Rahul Jauhari, an enterprising leader, has an impeccable track record of 17 years in the Gem & Jewellery industry. Business Development, branding, and strategy are some of his core expertise. He is a firm believer that su
 read more ...
 
Louis Vuittonhosted an intimate dinner at the beautiful palace of Dar El Bacha in Marrakech to unveil Spirit, its fourthhigh jewellerycollection designed by its artistic director Francesca Amfitheatrof. Guests at the launch i
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