Swiss watch exports fell by 2.8% in 2024, with total shipments amounting to CHF 25.99 billion, primarily due to weaker…
Browsing: Industry News
Jewellery and watch industry business news, insight and releases, from UK, Europe and around the world. Find out what’s going on in retail jewellery, jewellery manufacturing and up coming events.
The United States will require diamond importers to declare the country of mining origin for all shipments entering the country,…
De Beers Group and the Government of Botswana have concluded negotiations on a new 10-year sales agreement for rough diamonds…
The Artisan Awards 2025, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and supported by GIA India in…
The prices of fancy-colour diamonds fell by 2.2% in 2024, reflecting a slowdown in the luxury sector and broader economic…
The World Federation of Diamond Bourses (WFDB) has announced the launch of “Moments,” a global social media campaign highlighting the…
Indian jeweller Jos Alukkas has announced a 28% surge in diamond jewellery sales over the first nine months of the…
The Department of Commerce, Government of India, has announced the Diamond Imprest Authorisation (DIA) Scheme, which will take effect from…
Jemora Gemhouse, a new auction house specialising in rare and high-value polished coloured gemstones, has been unveiled in Dubai. The…
The National Board of Revenue (NBR) in Bangladesh has announced plans to install electronic fiscal devices (EFDs) in jewellery shops…
India’s polished diamond export sector showed some signs of stabilisation in December 2024, according to data from the Gems and…
The Gem and Jewellery Export Promotion Council (GJEPC) has inducted renowned jewellery designer, artist, and educator Reena Ahluwalia into the…
The Gem & Jewellery Export Promotion Council (GJEPC) has reported a 12 per cent increase in gold jewellery exports during…
Diamond producers across Africa are reported to be supporting the adoption of the Authentia traceability platform, a technology-driven initiative designed…
The Zambian government has reinstated a 15% export duty on emeralds, effective 1 January 2025, following a suspension that had…
Mumbai-based jewellery chain Torres faces allegations of running a Ponzi scheme, leaving thousands of investors in financial turmoil. Allegations and…
De Beers Group and the Gem & Jewellery Export Promotion Council (GJEPC), India’s leading jewellery trade body, have launched a…
India’s Gem and Jewellery Export Promotion Council (GJEPC) launched the “Diamond Trails” project by globally recognised jewellery designer and artist…
The Indian government is evaluating the introduction of mandatory hallmarking for silver jewellery and artefacts, following consumer demands for improved…
Russian diamond producer Alrosa has forecasted a rebalancing of supply and demand for both rough and polished diamonds in the…
A jeweller in Borivali, Mumbai, has reported being defrauded of gold worth ₹1.6 crore in a scam involving fake gold…
De Beers has accumulated its largest diamond stockpile since the 2008 financial crisis, with an inventory valued at approximately $2…
Surat, India’s diamond processing hub, is experiencing a significant shift as global demand for natural diamonds slows. Renowned for processing…
Mumbai-based lab-grown diamond jewellery brand Limelight Diamonds has opened a new store in Chennai’s Anna Nagar, its 23rd exclusive outlet…
Angola has achieved a significant milestone in its diamond industry, producing approximately 12 million carats of diamonds in 2024 -…
The Gujarat Congress has urged the government to intervene to assist diamond artisans affected by the industry’s ongoing downturn. Party…
The Gem and Jewellery Export Promotion Council (GJEPC) has presented a series of pre-budget recommendations to Finance Minister Nirmala Sitharaman…
India’s jewellery market, the second-largest consumer of gold globally, is undergoing significant changes as escalating gold prices influence buyer preferences. …
The gem and jewellery export sector saw a decline in November, with total exports dropping 13% year-on-year to $1.99 billion…
Gemfields, a prominent coloured gemstone miner, has raised concerns about the safety of its employees and operations at the Montepuez…