India's Gem & Jewellery Export Promotion Council (GJEPC) has named Kirit Bhansali of Smital Gems as new chairman, succeeding Vipul Shah. #JNA #JNAmagazine #JewelleryNet #India #diamonds #gemstones #GJEPC #jewellerymarket #goldjewellery

The Zambian government has deferred implementation of a 15 per cent tax on exports of precious gemstones, including Zambian emeralds. #JNA #JNAmagazine #JewelleryNet #Zambia #gemstonetrade #gemstones #emeralds #Zambianemeralds #Gemfields

Demand for gold jewellery fell 11 per cent year over year in 2024 as soaring prices battered volumes but drove value to record levels, the World Gold Council (WGC) said. #JNA #JNAmagazine #JewelleryNet #goldprice #goldjewellery #goldmarket

Luxury group Kering reported a double-digit drop in 2024 revenues, but said its jewellery business continued to “make progress,” with Boucheron driving sales. #JNA #JNAmagazine #JewelleryNet #jewelleryindustry #Boucheron #jewellerysales #Kering

De Beers Group said negotiations with the Government of the Republic of Botswana to establish a new rough sales agreement and extend mining licences have successfully concluded. #JNA #JNAmagazine #JewelleryNet #jewelleryindustry #DeBeers #Botswana

Lacklustre sales in India and China could weigh down on global demand for silver jewellery in 2025 but western markets could provide support, the Silver Institute said. #JNA #JNAmagazine #JewelleryNet #jewelleryindustry #silverjewellery

Melanie Grant has stepped down as executive director of the Responsible Jewellery Council (RJC), effective January 31, 2025, after two years in the job. #JNA #JNAmagazine #JewelleryNet #RJC #jewelleryindustry #MelanieGrant

Major Chinese pearl manufacturer Hong Kong Edison Pearl Co Ltd is continuously adapting to evolving market dynamics and consumer trends, thanks to technological innovation and strategic brand-building. #JNA #JNAmagazine #JewelleryNet #HongKong #pearl

Jewellery sales in Hong Kong dipped again in November 2024 albeit at a slower pace mainly due to changing consumption habits and a strong Hong Kong dollar. #JNA #JNAmagazine #JewelleryNet #HongKong #jewellerymarket #jewellerysales

China's gemstone and jewellery industry demonstrated extraordinary resilience and agility amid challenges as it positions itself for recovery and growth in the Year of the Snake. #JNA #JNAmagazine #JewelleryNet #China #jewellerymarket #jewellerytrade

Hong Kong’s shipments of jewellery, goldsmiths’ and silversmiths’ wares dipped for the fourth consecutive month in October, following a positive first-half performance. #JNA #JNAmagazine #JewelleryNet #jewellery #jewellerysales #HongKong #jewellerymarket

Lucara Diamond Corp has generated US$44.3 million in revenues during the quarter ending September 30, 2024, with demand for larger stones or 10.8 carats and up supporting steady performance. #JNA #JNAmagazine #JewelleryNet #jewellery #diamond

Diamond manufacturing centres and trading hubs have pledged to support category marketing efforts by the Natural Diamond Council (NDC) to rekindle consumer demand for natural diamonds. #JNA #JNAmagazine #JewelleryNet #naturaldiamonds

India is expected to drive steady growth in silver jewellery demand in 2024, with strong jewellery consumption in the US providing support, the Silver Institute said. #JNA #JNAmagazine #JewelleryNet #India #silverjewellery #silverjewellerydemand

Manufacturers of jewellery mountings are taking advantage of rising demand for fancy-shaped diamond mountings alongside stronger preference for lightweight gold products as an alternative to traditional 18-karat gold pieces. #JNA #JNAmagazine #JewelleryNet

Hong Kong-based retail jewellers are embracing change through innovative products, digitalisation and strategic branding. #JNA #JNAmagazine #JewelleryNet #HongKong #HongKongjewellery #jewelleryretailers #jewellerysales #jewelleryretail #finejewellery

Live selling continues to grow from strength to strength as a revenue stream for the jewellery trade, enabling manufacturers to increase sales while broadening their reach among today’s digitally savvy consumers. #JNA #JNAmagazine #JewelleryNet

Revenues from LVMH Moët Hennessy Louis Vuitton’s luxury jewellery arm were down in the third quarter of the year, owing to continued market uncertainties. #JNA #JNAmagazine #JewelleryNet #jewellerysales #LVMH #luxuryjewellery #luxuryjewellerysales

Holiday spending in the US is expected to surpass 2023 figures, owing to sustained momentum and solid economic growth, the National Retail Federation announced. #JNA #JNAmagazine #JewelleryNet #jewellerysales #US #NationalRetailFederation

Spurred by growing market demand for teal sapphires, the Gem and Jewelry Institute of Thailand is providing clear colour standards for the trade term to prevent their misclassification as blue sapphires. #JNA #JNAmagazine #JewelleryNet #tealsapphires