Posted on:
11 Oct 2019
A lot has happened in the last week. Lightbox has sown its seeds to enter the brick-and-mortar space by deciding to retail at Bloomingdale’s and Reeds Jewelers. They are doing this on a trial basis fo...
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Posted on:
05 Oct 2019
According to the latest announcement from De Beers, Diamond sales have plunged 39%. In the past three sales in the 10 sales held in Botswana every year, De Beers made less than $300 million, which is ...
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Posted on:
30 Sep 2019
The Dubai diamond trade has shown a sharp incline in the recent past, giving impetus to a new hub for the gems and jewellery industry. DMCC hosted its flagship Dubai Diamond Conference (DDC) welcoming...
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Posted on:
21 Sep 2019
Skepticism has been put to shame, with buyers making a beeline to enter one of the most sought after jewellery exhibits in the world. Jewellers across the world were worried, some even cancelled their...
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Posted on:
30 Aug 2019
One of the world’s biggest diamond miners – De Beers reported a 44 per cent slump in their Botswana sale earlier this week. From $503 million last year, the sales of rough diamonds have slipped to $28...
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Posted on:
24 Aug 2019
Last week, The New York Times had carried a succinct piece about the ongoing “glut” in the diamond industry. If you were a novice and didn’t know anything about this industry, the article pretty much ...
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Posted on:
17 Aug 2019
The recently concluded IIJS show held in Mumbai was a ray of sunshine in the otherwise gloomy scenario of the gems and jewellery industry. As gold prices hit an all new height, jewellers expectations ...
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Posted on:
10 Aug 2019
It’s that time of the year. Come August and the entire industry gears up for what is India’s biggest jewellery show. Market ups and downs, weather conditions, political upheavals or economic downtur...
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Posted on:
03 Aug 2019
The ongoing U.S. China Trade War could be a blessing in disguise for the Indian gems and jewellery industry as it could possibly give impetus to the industry. An already struggling industry coupled wi...
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Posted on:
27 Jul 2019
The Indian gems and jewellery industry has been on a roller coaster ride in the past few months. FM Nirmala Sitharaman, in her budget speech announced a hike of 2.5% on gold import duty delivering a m...
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Posted on:
20 Jul 2019
Following the announcement of ABN AMRO’s decision to cut funding for rough diamonds, the diamond industry suffered another shock. As the diamond industry prepares itself for the upcoming season, iconi...
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Posted on:
13 Jul 2019
In a recent development, ABN AMRO has decided to cut funding for the acquisition of rough diamonds. Citing lack of profitability as the primary concern the bank has urged manufacturers to consider pur...
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Posted on:
06 Jul 2019
The Council along with the Ministry of Commerce has been representing its problems to the government over the last year. A large import duty was already an impediment in the growth of the industry. Ye...
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