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Polished Markets
HK Show - March 2017
Expectations High as Hong Kong Show Opens
Hong Kong’s polished diamond trade stagnated in 2016, but dealers are hoping this week’s International Diamond, Gem and Pearl Show will spark an improvement for the year ahead.“There was a bit of a pause last...
Polished Markets Feb 28, 2017 Avi Krawitz
chow sang sang
Chow Sang Sang Expects Profit Slump in 1H
Chow Sang Sang warned profit is expected to plunge 50 percent to 60 percent for the first half of 2016 as consumer sentiment in China and Hong Kong weakened, according to preliminary estimates. The jeweler attributed the slump to a decline...
Retail Jul 18, 2016 Rapaport News
luk fook
Luk Fook Extends Quarterly Revenue Declines
Luk Fook Holdings reported slump in sales continued in its first fiscal quarter due to a slowdown in Mainland China and sluggish retail sentiment in Hong Kong and Macau.Group same-store sales at self-operated locations dropped 24 percent over...
Retail Jul 18, 2016 Rapaport News
AGS Selects Luxury Brand Group for Public Relations Services
American Gem Society (AGS) and AGS Laboratories appointed the Luxury Brand Group to serve its public relations and brand development needs. The Luxury Brand Group will work with AGS to build brand...
Marketing Jul 10, 2015 Jeff Miller
India Jewelry Consumer
India Ratings Maintains 'Stable' Outlook for Gems, Jewelry
India Ratings & Research, a Fitch Group Company, maintained a "stable outlook" for the country's gems and jewelry exporters and retailers for the fiscal year that ends in April 2016. But the group...
Research Jun 19, 2015 Jeff Miller
ubm media
Hyderabad Jewellery, Pearl & Gem Fair Opens
UBM India opened its three-day Hyderabad Jewellery, Pearl and Gem Fair 2015 on June 5 with more than 150 exhibitors, ranging from diamond dealers to jewelry manufacturers. Organizers said that the business-to-business (B2B)...
Marketing Jun 05, 2015 Jeff Miller
Diamond Sector to Gain From India's Foreign Trade Policy
The Union Minister of State for the Ministry of Commerce and Industry of India unveiled the Foreign Trade Policy (FTP) that will be in effect for the next five year term, 2015 to 2020. Diamond industry...
Manufacturing Apr 07, 2015 Zainab Morbiwala
true north gems
Henning to Head Marketing, Development for True North Gems
True North Gems Inc. appointed Hayley Henning to the role of vice president of marketing and development. Henning most recently served as the executive director of the Tanzanite Foundation, the marketing division of TanzaniteOne Mining Ltd."It...
Gemstones Feb 02, 2015 Jeff Miller
ubm india
UBM Schedules Gem Fair for Kolkata in January
UBM India is organizing its first Kolkata Jewellery & Gem Fair, a three-day business-to-business industry trade fair scheduled for January 11 to 13, 2014. Organizers anticipate approximately 6,000 buyers and attendees and 160 exhibitors,...
Marketing Nov 06, 2013 Jeff Miller
kiran gems
Kiran Gems Earns GJEPC Award for Sixth Consecutive Year
Press Release: Kiran Gems, the world's largest manufacturer of white diamonds, has been recognized as the largest exporter of cut and polished diamonds for India's fiscal year 2013. This is sixth year in a row that...
Marketing Oct 07, 2013 Kiran Gems
India Jewelry Consumer
CRISIL Notes 48% of Investment Grade Gem Firms are Clear of Economic Stress
India's gems and jewelry sector is not the industry that is most vulnerable to the economic issues plaguing the country, according to CRISIL's ''State of the Nation'' report. CRISIL defined the sources of economic stress as including...
Financial-Legal Sep 11, 2013 Jeff Miller
Jewelry, Gems, Watches Maintain Investment Allure
Capgemini and RBC Wealth Management released its annual World Wealth Report for the year 2013 and found that the world’s high-net-worth-individuals (HNWIs), or those with $1 million or more in investable assets reached a new...
Research Jun 26, 2013 Jeff Miller
All India Gems Federation Recommends Measures to Govt.
Press Release: The All India Gems and Jewellery Federation recommended several measures to assist India's government on the current account deficit (CAD). The gems and jewelry industry stands by the government and recommends...
Financial-Legal Jun 21, 2013 GJF
Chow Tai Fook Store
Chow Tai Fook's FY Revenue +2%, Profit Drops
Chow Tai Fook's revenue climbed 1.5 percent year on year to $7.4 billion (HKD 57.4 billion) for the fiscal year that ended on March 31; however, same-store sales fell 3.3 percent. Cost of goods...
Financial-Legal Jun 18, 2013 Jeff Miller
true north gems
True North Gems Raises $2M
True North Gems Inc. confirmed the partial closing of its second tranche on a previously announced financing arrangement for $2,441.964 through the sale of 27,132,938 class A shares. The remainder of the second tranche is expected to close...
Financial-Legal Jun 14, 2013 Jeff Miller
true north gems
True North Gems Announces $16M Strategic Investment by Lenomi Holdings
True North Gems Inc. will conduct a brokered private placement of up to 175 million Class A common shares priced at 9 cents each, resulting in aggregate proceeds of up to $15,750,000. The subscriber under this private placement will be Lenomi Holdings...
Financial-Legal Mar 25, 2013 Jeff Miller
India Budget FY14
India's Budget Offers No Surprises For Jewelry Trade
Members of India’s gem and jewelry trade were relieved that the government didn’t further hike ‎the country’s gold import duty as part of the federal budget for fiscal 2013-14 but they were also...
Polished Markets Feb 28, 2013 Dilipp S Nag
Suresh Surana
RSM Astute Consulting Holds Session on Gems, Jewelry Industry
Press Release: RSM Astute Consulting Group organized a session on certain tax and regulatory aspects of gems and jewelry industry in India and Belgium at Bharat Diamond Bourse (BDB) on February 15, 2013.Suresh Surana (pictured), the...
Financial-Legal Feb 17, 2013 RSM Astute Consulting
India Allows Establishment of Bonded Warehouses for Gems, Jewelry Sector
India has re-introduced a provision for setting up private/public bonded warehouses for the gems and jewelry sector in its Foreign Trade Policy for 2009 to 2014.“Private/Public bonded warehouses may be set up in Special Economic Zones (SEZ)/...
Polished Markets Feb 04, 2013 Dilipp S Nag
ASSOCHAM Gems and Jewellery Report
China's Rough Diamond Deals May Impact Surat Industry
Surat’s diamond manufacturing sector is facing increased competition from China, ‎putting a dent the Indian city’s status as a leading polishing and cutting hub. ‎A report by the Associated Chamber of Commerce and Industry of India (ASSOCHAM) ‎noted...
Manufacturing Dec 05, 2012 Dilipp S Nag
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