Gems & Jewellery
Fashion
Organised jewellery retailers stare at halving of revenue growth
Revenue growth of organised jewellery retailers is set to slide 500-600 basis points (bps) to 5-6 percent over fiscals 2020
and 2021, following triple headwinds of higher import duty, elevated gold prices, and sluggish demand. That’s half the compound annual...
Retail
Govt will provide all support to gems & jewellery sector: Nirmala Sitharaman
The Government is all set to extend full support to the gems and jewellery sector in India, especially since it is recording a healthy growth at a time when outbound shipments are facing challenges, Commerce and Industry Minister Nirmala Sitharaman said...
Fashion & Lifestyle
Gems, jewellery exports to remain under pressure: ASSOCHAM
Apex industry body ASSOCHAM has urged the government to extend incentives like interest subvention, Merchandise Exports from India Scheme (MEIS) and others to promote gems and jewellery (G&J) exports that have been marred by global slowdown thereby putting at...
Retail
Entice Boutique opens in Bengaluru
Entice, the fine jewellery brand by the century old KGK group, has recently forayed in the city of Bengaluru by opening a plush 3,000 sq.ft boutique at Richmond Circle.
This is the fifth boutique of the jewellery brand in the...
Retail
Rs 3.25 bn incentives for leather and textile sector exports
Kamal Nath, minister of commerce and industry, while observing that the exports from tea, rice, marine products, gems & jewellery, cotton yarn, fabrics, made-ups, jute manufacturing, carpets, handicrafts, plastics & linoleum sectors have been affected extensively this year, informed...
Retail
Jewellery sales touch 110 bn in October
The sales figures of gems and jewellery across India have witnessed an overall increase of 125 per cent during the festive season compared to last year, according to a press release by All India Gems & Jewellery Trade Federation....
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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