Jean-Christophe Babin, CEO of the Italian jewellery house Bulgari, picks up the B.zero1 Kada bracelet, costing about Rs 12 lakh, from a tray full of iconic jewels, at its store in Mumbai’s Jio World Plaza. “We are probably the only global jeweller to have Indian products such as the mangalsutra and the kada,” he says….
New Delhi: Jewellery major Kalyan Jewellers saw its consolidated revenue grow by about 34 per cent during Q4 FY2024 despite a sharp rise in gold prices during the second half of the quarter, the company said in a quarterly update on BSE. For the full year FY2024, the jewellery retailer saw its revenue grow by…
Limelight Lab Grown Diamonds has received a strategic investment of US$1 million from two leading retail jewellery chains. The newly raised capital comes in the form of a strategic alliance that will enable Limelight to open new stores and boost its brand presence in the country. Before this, the company had secured an investment from…
Representative image India‘s gold imports are set to plunge by more than 90% in March from the previous month to hit their lowest level since the COVID pandemic as banks cut imports after record-high prices hit demand, a government official and two bank dealers told Reuters. Lower imports by India, the world’s second biggest consumer…
(L-R) Dr Amol Patwari, Pallavi Mohadikar & actress Shraddha Kapoor, co-founders, Palmonas New Delhi: Demi-fine jewellery startup, which recently onboarded Bollywood Actor Shraddha Kapoor as a co-founder is in talks for a Pre-Series A funding of around USD 3 million, Pallavi Mohadikar, co-founder of the company told ETRetail. “We have been bootstrapped to date. Now,…
Italian luxury fashion house Bulgari saw its best-ever sales performance in India in 2023 and this year looks even better with robust demand for its jewellery products, Jean-Christophe Babin, CEO, told ET in an interview. Babin said the opening of the Jio World Plaza, a luxury mall in Mumbai, has delivered “very good” results for…
New Delhi: The Trade and Economic Partnership Agreement (TEPA) between India and European Free Trade Association (EFTA) is expected to triple the export of Indian gems and jewellery to Switzerland, Iceland, Norway and Liechtenstein to USD 1 billion in the coming years, said Vipul Shah, Chairman, GJEPC in a press note on Thursday. Currently, India…
Sachin Jain The World Gold Council Tuesday named Sachin Jain its new CEO for India. Jain, who will take up the new role next month, brings with him a deep understanding of the Indian consumer and jewellery market. He joins from De Beers where he has held several senior roles over the past 13 years….
Representative image The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price. Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where…
Representative Image Mumbai: Malabar Gold & Diamonds and four other jewellery firms along with fashion accessory maker Titan have joined the global rank of top-100 luxury brands. Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group entity Titan Company which secured the 24th position….
