support@pressreleasecompany.co.uk

De Beers, Stanford Business School Launch Southern African Initiative

Posted by
| Comments Off on De Beers, Stanford Business School Launch Southern African Initiative

De Beers Group today announced a $3 million investment in a three-year partnership with the Stanford Graduate School of Business (GSB) to empower young, aspiring entrepreneurs and established business owners in Botswana, Namibia and South Africa. The partnership will launch two initiatives in 2018. The first, the Seed Transformation Program, is a year-long leadership programme, […]

Blue Diamond To Headline Bonhams Grima Jewellery Sale In September

Posted by
| Comments Off on Blue Diamond To Headline Bonhams Grima Jewellery Sale In September

A 4.03-carat fancy intense blue Diamond will headline Bonhams London Fine Jewellery sale in September. The pear-shape diamond, which has been in a private collection for over 30 years, has a pre-sale estimate of £1.2-£1.5 million ($1.54-$1.9 million). The sale of 188 lots includes a selection of white and coloured diamonds, sapphires from Kashmir, Burma […]

Korean Chain Retailer Adopts Sarine In-House Report Generation Tech

Posted by
| Comments Off on Korean Chain Retailer Adopts Sarine In-House Report Generation Tech

Sarine Technologies Ltd has announced that the South Korean jewellery retail chain Golden Dew launched the Sarine Profile digital in-store diamond display platform in all its 72 stores across the country last week. The system allows the retailer to generate its own reports on diamonds in its inventory. The reports can be called up scanning […]

India Ban On High-Purity Gold Exports Seen Aimed At Circular Trading

Posted by
| Comments Off on India Ban On High-Purity Gold Exports Seen Aimed At Circular Trading

In what industry-watchers say is a move aimed at curtailing circular trading or “round-tripping” as it is known in the country, the Indian government has banned the export of all gold products with a purity above 22 karats. Indian exporters are allowed only to export finished jewellery. But medallions and bars with simple embossing can […]

Steinmetz Arrest Linked To Romanian Land Deal Through Panama Shell Co.

Posted by
| Comments Off on Steinmetz Arrest Linked To Romanian Land Deal Through Panama Shell Co.

Diamond magnate Beny Steinmetz’s arrest in Israel on Monday along with four others, is in connection with a Romanian real estate deal, according to a police statement quoted in the media. Romanian anti-corruption authorities indicted Steinmetz and 13 others in March 2016 for complicity in money laundering, peddling influence and forming an organised crime group. […]

US Millennials See Diamond Jewellery As Long-Term Self Investment: DPA

Posted by
| Comments Off on US Millennials See Diamond Jewellery As Long-Term Self Investment: DPA

Seventy five percent of US millennial women see diamond jewellery as an investment in themselves and 82 percent see diamond jewellery as a long-term investment. Among the highest earning millennials ($150,000+) these numbers jump to 94 percent and 91 percent, respectively. These statistics help explain why millennial self-purchase of diamonds continues to grow, with a […]

Gold Not Only For Rich, Says GJF Chairman As Official Seeks Higher GST

Posted by
| Comments Off on Gold Not Only For Rich, Says GJF Chairman As Official Seeks Higher GST

All India Gems & Jewellery Trade Federation (GJF) Chairman Nitin Khandelwal has said, “Gold has a 5,000-year-old legacy in India and is not luxury but essential to the socio-economic framework of our country. Gold is used by rich and poor people for obvious reasons, and between 60 and 65 percent of business is generated by […]

India Q1 G&J Exports At $9.2B; Diamond Exports +3.2% To $5.8B

Posted by
| Comments Off on India Q1 G&J Exports At $9.2B; Diamond Exports +3.2% To $5.8B

India imported $5.4 billion in rough Diamonds and exported $5.8 billion in cut and polished diamonds over the first quarter of the current fiscal year (April-June). This compares with the $4.6 billion in rough diamonds imported and the $5.6 billion in cut and polished diamonds exported in the first quarter of the previous fiscal year. […]

Tanishq Expansion Into Bridal, High-End Diamond Jewellery On The Cards

Posted by
| Comments Off on Tanishq Expansion Into Bridal, High-End Diamond Jewellery On The Cards

Titan Co. Ltd, known for its watches, eyewear and jewellery, is looking at increasing its market share in the bridal and high-value diamond jewellery segments, primarily through its Tanishq brand. Titan also plans a retail footprint expansion in smaller towns — what it calls ‘Middle India’. Titan’s jewellery segment grew 17.4 percent on an annual […]

Forevermark Not Seeking Indian Market Expansion But Being First Choice

Posted by
| Comments Off on Forevermark Not Seeking Indian Market Expansion But Being First Choice

“We are not looking at increasing the Indian consumer’s investment in diamonds. We are positioning ourselves to be the consumer’s first choice in the segment,” says Forevermark Managing Director for India Sachin Jain. Jain is emphatic in stating that jewellery as a product category is doing extremely well in the country and that there is […]

Page 1 of 8 1 2 3 8