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inflationary environment Foretells increase in Gold demand
Building on the positive trend in April, precious metals closed on a healthy note in May. The weakness in the U.S. dollar and inflation concerns helped Comex gold close near a 5-month high on May 28. Comex gold gained 7.8 per cent in May to close at $1,905.3 an ounce. Comex silver, too, closed on a positive note, clocking a gain of 8.3 per cent to settle at $28.02 an ounce.
AKSHAYA TRITIYA 2021 - AKSHAYA TRITIYA 2021 A NOTCH BETTER THAN LAST YEAR
This Akshay Tritiya brought in a ray of hope for many jewellery retailers across India and many noted that demand was better than last year. people were buying gold and that helped dispel the dark clouds cast by this pandemic
Modi Government Aims To Widen Tax
The move comes as the Modi government aims to widen the tax base by using data of high-value transactions to look for tax evaders.
GJS Virtual unveiled, ready to be a game changer
GJS Virtual is an annual B2B initiative of All India Gem and Jewellery Domestic Council (GJC) with six unique exhibitions, “Swarnotsav”, lined up through the year with various features that will bridge the gap between the sellers and the buyers. GJS Virtual is open from 1st October and over 500 meetings have already taken place.
How to attract customers this festive season? - SUREFIRE WAYS TO GET THAT CUSTOMER INTO YOUR STORE THIS FESTIVE SEASON
We can be hopeful about the festive season ahead of us. But if you think the consumers will magically walk into your store, without any strategic marketing campaigns, then think again. Sugandha R speaks to experts and finds out what will work best in terms of not just getting that customer into your store, but also ensuring he or she buys
Festive Demand - SHINE ON, FOR THIS DIWALI PROMISES A BRIGHTER FUTURE
Come Diwali and the whole nation adorns a festive look, purse strings loosen and families are out on a shopping spree, here is what retailers from across India feel about the upcoming festive and wedding season…
DESIGN DIRECTIVE - THE CAWNPORE CHRONICLES PART 6 THE FINAL COUNTDOWN!
The time is now! Aftab finishes his Cawnpore Chronicles series by delving into the nuances of final touches, from bringing in the furniture, cleaning the store spotless to adding the jewellery
Voice - Vicenza - VOICE REINSTATES CONFIDENCE IN ITALY'S JEWELLERY INDUSTRY
With 370 exhibitors satisfied about the business generated, the first hybrid experience for the trade show world has drawn to a close
GJEPC's Flagship Show IIJS Takes Virtual Leap
IIJS Virtual, the digital edition of GJEPC’s flagship August show, is scheduled in October, this year. In spite of the pandemic that has crippled India’s economy, IIJS Virtual show has already created a buzz among industry circles, with initial exhibitors’ interest exceeding expectations.
Her Story unveils a new campaign ‘Reflections'
Her Story, the modern precious jewellery brand that opened doors in February 2019, in celebration of its first anniversary, previews a campaign titled Reflections.
A Anildiajewelsn - DIAMONDS THAT MAKE INDIA PROUD
India is home to the world’s best cut and polished diamonds. The diamond industry in India has a proud history. Adding glory to it is A Anildiajewels. This Surat-based diamond manufacturer has an equally shining story
9th Forevermark Forum - FOREVERMARK BREAKS BOUNDARIES
Themed ‘Meaningful tomorrows’, the recent Forevermark Forum 2020 witnessed a fine blend of fresh ideas and new opportunities
Impact Of Covid-19 On G & J Industry A Banking Perspective
Banks and business owners have always shared a dynamic relationship, one which is tested in difficult times. The current pandemic and resulting economic slowdown is one such situation, where understanding the banking perspective is important for every business owner
8 Challenging Scenarios Retailers Could Run Into
Based on insights gained from the G & J industry in the current situation, we have articulated eight challenging scenarios, which jewellery retailers may have to face in the near future. R Sugandha compiles solutions offered by select retailers from across the nation
What manufacturers are concerned about ? MANUFACTURERS' WOES
Covid-19 has affected every single stakeholder in the gems and jewellery industry. As demand for jewellery remains subdued in India, jewellery manufacturers worry about receiving payments from retailers, paying their staff salaries and managing overheads and the most important of all, getting back their karigars who have migrated back to their hometowns says Vijetha Rangabashyam
THE CAWNPORE CHRONICLES PART 4: FURTHER DETAILING AND EFFICIENT PLANNING
In this series, Aftab Bandukwala delves deep into how his design team worked on the architectural and the interior aspects of his latest project
INNOVATE OR PERISH!
Don’t wait for the consumers to walk into your stores, entice them and make your offerings interesting so that they will definitely purchase jewellery says Hemant Shah, Consultant, Luxury Goods & Jewellery
CASH CRUNCH IN THE JEWELLERY-BIZ IS A BUBBLE
The post-corona business environment forces retailers to accept a new normal. It is in their hands – whether to accept it willingly or get forced into it says A Shivaram, Founder, Retailgurukul in an interview with R Sugandha
HOW LAB GROWN CVD DIAMONDS CAN BE INDIA'S ACE CARD IN GLOBAL GEMS & JEWELLERY INDUSTRY
In the time of crisis, lab-grown CVD diamonds can be India’s answer to growth and success
Jewellery Trends after Covid-19: EMERGING TRENDS IN THE POST COVID ERA
In a post-pandemic world, nature, sustainability and design with meaning and purpose will form the crux of consumer behaviour says Reena Ahluwalia a multifaceted artist, award-winning jewellery designer and painter
INVENTORY MANAGEMENT: INTROSPECTING ABOUT INVENTORY
Select business owners from across India discuss demand supply issues, inventory-related problems and the way forward, post lockdown with R Sugandha
Digital Marketing in the time of Covid 19: THE 13 COMMANDMENTS TO SLAY IT ON SOCIAL MEDIA
Today, social media is a boon, and is probably going to help you in keeping your business afloat. You may think that there is no rulebook for engaging with your clients on social media at this point, but there definitely is. Here’s a foolproof cheat sheet to acing it on social media. From creating a voice to how to handpick your influencers, we’ve got you covered says Vijetha Rangabashyam
'MY AIM IS TO GET HRD ANTWERP FUTURE READY'
To hold the reins of Europe’s leading authority in diamond grading is no mean feat, accomplishing this daunting task is Ellen Joncheere, the newly appointed CEO of HRD Antwerp. a multi-talented woman who has gained immense experience in heading varied organizations, she shares her future plans with Diamond World
BUDGET 2020: BLAH AT BEST!
The Gems and Jewellery industry was hopeful, expecting a few policy level changes, especially a reduction in import duty on both gold and diamonds. However, the Finance Ministry gave nothing to jewellers to keep them buoyant, instead a 0.5 per cent import duty has been imposed on coloured stones, which was earlier imported tax free
THE ULTIMATE BRIDAL PERSONALITY GUIDE
From celeb lovers, practical-minimalists to the quality-conscious who sees deep value in craftsmanship and someone who wants to look completely traditional head to toe, here’s our dictionary on bridal personality types and the kind of jewellery they would ideally wear
THE LIGHTWEIGHT PROMISE
As gold becomes dearer by the day, retailers are looking to stock up on affordable, light-weight jewellery crafted in 18K gold as that’s where the consumers are headed. Manufacturers on the other hand are trying to push all boundaries to create feather-light pieces without compromising on design and quality
NUANCES OF LOGISTICS FOR PRECIOUS GOODS
Your precious goods need a safe and secure way of transportation. Though we seek the help of a logistics company, we are not thorough about the minor details that make up a transaction. Rajesh Neelakanta, ED &CEO, BVC Logistics answers queries regarding payment, insurance, paperwork and more…
WHERE HERITAGE MEETS MODERNITY
Surabhi Kasliwal Godha has a unique legacy and an illustrious lineage, which begins with Munshi Dhannalal Kasliwal ‘Fauzdar’, the man who gave the city its globally renowned title, ‘pink city’
HOW-TO WHAT JEWELLERY RETAILERS TEACH THEIR SALES STAFF?
Your sales staff is the most important asset to your store. From the time a client walks in to the moment they make a purchase and walk out, the fate of your business lies in the hands of efficient sales staff. From hiring the right staff, to training and teaching them the right values, here’s how jewellers are equipping their sales staff to handle the toughest of clients
AN ECLECTIC DISPLAY OF THE WORLD'S FINEST JEWELS
In the city of lights, at paris Haute couture Week, some of the world’s finest and top of the line collection of high end jewellery was unveiled. High jewellery holds immense inspiration value for Indian jewellers, manufacturers and artisans