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LVMH Invests in Lab-Grown Diamond Company Lusix
LUSIX, a leading producer of labgrown diamonds (LGD), announced that high-profile investors, including LVMH Luxury Ventures, Ragnar Crossover Fund and More Investments, have completed an investment round of $90 million.
Exporters can now do One-Time Registration with Customs from Anywhere in India
There was a demand from trade that an AD code should be registered only once in customs system for filing documents across all the customs locations.
India's G&J Exports Witness 10% Growth in April-May 2022
Gross exports of India's Gem & Jewellery for the period of April 2022 – May 2022 witnessed a growth of 10.08% to Rs. 51,050.53 Crore (5.97% in dollar terms to US$ 6.65 billion) as compared to Rs. 46,376.57 Crore (US$ 6.28 billion) during April 2021 – May 2021.
WDC President Notes Positive Shift to Reforming the KP
ASSOCIATION & TRADE BODIES
NDTC Delegates visit Finestar Facility in Surat
POLISHED DIAMONDS
GJEPC'S 3rd Member Outreach Program in Mumbai Sees Packed House
The Gem & Jewellery Export Promotion Council (GJEPC) organized its 3rd Member Outreach program in Mumbai on 22nd June.
BDB bids Farewell to Consul General of Belgium Embassy in India
ASSOCIATION & TRADE BODIES
Rio Tinto launches Icon Partner Program for the Next Chapter of its Argyle Pink Diamonds
ROUGH & MINING
De Beers Rough Sales Jump to $650 million in June
ROUGH & MINING
PAULA CREVOSHAY QUEEN OF COLOURS
A born artist, over the years, Paula Crevoshay has mastered the art of balancing creativity and science. She speaks to Vijetha Rangabashyam about her very creative upbringing, her innate ability to delve deep and study every subject she’s working on, her love for colours, preserving the wonders of Nature through her creations and more
A Rhapsody in Stones GRAFF – GRAFFABULOUS LEGEND OF THE MERMAIDS
Using stunning white and yellow diamonds, Graff’s newest collection is history set in stones says Sunitta Raman
GemGenève 4th Edition of GemGenève A Grand Success!
The 201 exhibitors had the opportunity to join their peers in a favourable environment for business, for privileged exchanges and for useful contacts with connoisseurs and amateur enthusiasts
JCK Las Vegas High on Buying!
The four-day event saw a packed show floor that was filled with a buoyant mood where both exhibitors and buyers were extremely thrilled to conduct proper business after a long hiatus
LUXURY MARKET SEES REMARKABLE PERFORMANCE IN THE FIRST QUARTER OF ’22 : Bain
Luxury brands enjoyed growth from a strong holiday shopping season, maintained momentum in the US and a faster-than-expected recovery in Europe
De Beers Forum De Beers Forum makes a Splash with the theme A Diamond is Forever'
The De Beers Group, held its annual Forum in Mumbai last month. The Forum brought together all its authorized partners, diamantaires, and manufacturers from across the country as well as key decision makers from the De Beers global team
A Band, A Ring & A Saga of True Love!
RETAIL BOOM IN THE USA: ENGAGEMENT RING & BRIDAL BAND SALES ON AN ALL TIME HIGH
ROUGH PATCHES ON THE ROCKY ROAD TO SURAT - Scouring the city facing scarcity of rough diamonds from Russian mines
U.S. sanctions have affected Surat’s diamond traders forcing factories to cut work timings or even shut shop. Sustaining the diamond trade would need innovation at the next level and leading the business would need acumen beyond perception. Read on to know how Surat has taken this crisis head-on and is actively planning a sustainable future for the diamond trade.
PIAGET'S THE EXTRAORDINARY LIGHTS - BRILLIANCE UNLIMITED
Swiss luxury watchmaker and jeweller Piaget launches its new high jewellery collection, The Extraordinary Lights, which has taken inspiration from the ‘dark’ side – the brand has already experimented with themes of sunlight, flora and fauna, and now it makes a dramatic shift to an altogether different theme
Reena Ahluwalia Paints the Mouawad Miss Universe Power of Unity crown
The diamond painting was commissioned by Mouawad Co-guardian Fred Mouawad and will be auctioned to make a positive societal contribution and impact. In the past, Reena has painted a series of historic Mouawad diamonds, including the Mouawad Dragon and the Mouawad Dynasty.
Sanjay Kothari – KGK Group - Embracing Digitalization the Way Forward, says Sanjay Kothari of KGK Group
The global pandemic has taught many lessons to businesses – one of the more rewarding ones is embracing digitalization in a more meaningful way. Sanjay Kothari talks about how KGK has learnt to complement the offline business with online savvy
Jewellery Retail Market – U.S. - Even in a Pandemic, Americans Love their Jewellery
Americans are spending their pent-up savings on things that make them happy, and jewellery is a key ingredient of their happiness. Vijetha Rangabashyam speaks with medium-to-high-end jewellery retailers in the U.S. to understand the current consumer mindset, how they are overcoming challenges, their immediate concerns, sales strategies, going forward, and more
Lucara Recovers 1,174 ct Diamond from the Karowe Mine in Botswana
Lucara Diamond Corp. announced the recovery of a 1,174.76ct diamond from its 100% owned Karowe Diamond Mine located in Botswana. The 1,174ct diamond represents the third +1,000 carat diamond recovered from the South Lobe of the AK6 kimberlite.
JCK Las Vegas 2021 - Will the JCK Event be the Silver Bullet the Industry Needs?
The entire jewellery industry is excited to be participating in a physical show after almost two years. Exhibitors and buyers alike are eagerly waiting to meet one another at the JCK event in Las Vegas, not withstanding the fact that footfalls might not be too heavy says Sugandha R
GJEPC Launches its New Brand Identity
The Gem & Jewellery Export Promotion Council (GJEPC) India’s apex body for the Gem & Jewellery Trade in India introduced their new identity today. The vision is to position India as a unique destination for gems and jewellery.
Lucara Recovers 62ct Fancy Pink Diamond
Lucara Diamond Corp. announced the recovery of a 62.7ct fancy pink diamond from its 100% owned Karowe Diamond Mine located in Botswana.
G&J Exports - How India Overcame All Odds to Register Shining Jewellery Exports
Indian exports have done considerably well since the beginning of this year, despite the second wave of the pandemic, and several challenges that ensued. Diamond and jewellery business owners explain how they managed this feat to R Sugandha
Auction Round-up - A SEASON OF DAZZLE!
From exceptional unmounted diamonds, emerald cuts and brilliant rounds, statement pieces by JAR, and other masters of jewellery, to timeless vintage classics, the auction season has been about diamonds, diamonds and more diamonds!
International Market A BOOM or a Bane?
Will diamond businesses emerge at the top after the pandemic dies down? Diamond businesses across the globe have had a tough year and challenges aplenty. They share some vital insights and details about embracing technology, consumer sentiment and the way forward, with Gunjan Jain
Price Vs Demand How are diamond jewellery manufacturers managing Scarcity of niche goods?
World over demand for diamond jewellery is steadily rising, however manufacturing and certification of loose diamonds isn’t matching the demand levels. This is resulting in several forms of demand-supply inequalities. R Sugandha finds out from diamond business owners how this uncertainty is affecting their business
Finestar Jewellery & Diamonds Pvt Ltd A Shining success Story
Finestar Jewellery & Diamonds Pvt Ltd began under the visionary leadership and able guidance of Vinod Jain, since then the company is growing by leaps and bounds and today is one of the frontrunners in the industry