ALROSA Pioneers Ruble Payments: A Strategic Shift in the Global Diamond Trade In a move signaling a potential paradigm shift in international commodity financing, ALROSA, the world’s leading diamond mining company by volume, has successfully piloted a new payment mechanism. This innovative system enables foreign clients to acquire rough diamonds using the Russian ruble, directly … Read more
India Strengthens Gold Purity Standards with Major Hallmarking Expansion In a landmark move reinforcing its commitment to consumer protection and market integrity, India’s Department of Consumer Affairs (DoCA), operating under the Ministry of Consumer Affairs, Food, and Public Distribution, has significantly extended mandatory gold hallmarking. This crucial initiative now encompasses an additional 343 districts across … Read more
Rajasthan Investment Incentives: The Legal Battle Over Withdrawn Benefits Post-GST Rollout In a significant legal development poised to shape future investment policies, businesses across various sectors are challenging the Rajasthan government’s decision to discontinue previously promised investment promotion benefits. This contentious issue arose following the nationwide rollout of the Goods and Services Tax (GST) and … Read more
ALROSA Revolutionizes Diamond Authenticity with Pioneering Nanomarking Technology In a monumental stride towards unparalleled transparency and authentication within the global diamond industry, ALROSA, the world’s largest diamond mining company, unveiled a groundbreaking diamond-tracing technology on July 6, 2021. This innovative system utilizes non-invasive laser marking, a method meticulously engineered to embed an indestructible signature within … Read more
Navigating the New Retail Landscape: A Guide for High Street Jewellery Stores In an era defined by rapid digital transformation and evolving consumer behaviors, the traditional high street faces unprecedented challenges. Empty storefronts and a noticeable decline in footfall are stark reminders of the shifts impacting physical retail. Yet, for independent jewellery retailers, this period … Read more
The world of fine jewelry is ever-evolving, yet some statements remain timeless. Among these, the collar necklace stands out, especially pieces that command attention and exude sophisticated artistry. These captivating adornments have consistently held their ground as a cornerstone of high fashion, offering a blend of bold expression and refined elegance. It is within this … Read more
The global diamond industry, a sector renowned for its intricate supply chains and significant economic impact, has been navigating a period of unprecedented uncertainty following the imposition of G7 sanctions on Russian diamonds. A critical point of concern for stakeholders across the entire value chain has been the status of existing inventory – rough and … Read more
Time Century Jewelry Center: Reimagining Luxury in Downtown Miami’s Vibrant Heart A visionary developer and astute market observer, Yair Levy is making a bold statement: Downtown Miami is not just ready, but ripe for a resurgence, especially in its storied jewelry district. With unprecedented investment flowing into residential properties surrounding his ambitious new project, the … Read more
Spring 2018 Paris Fashion Week: Unveiling the Most Daring Jewelry Trends The spring 2018 fashion shows culminated in a breathtaking display of creativity and innovation in Paris, marking the undeniable emergence of truly audacious and envelope-pushing jewelry. While fashion capitals across the globe offered their unique takes on upcoming trends, it was the European shows, … Read more
Navigating the Future of Ethical Diamonds: The World Diamond Council’s Push for Kimberley Process Reform In a significant move to ensure the continued integrity and relevance of the global diamond trade, the World Diamond Council (WDC) recently issued a press release advocating for a crucial open discussion regarding comprehensive reforms to the Kimberley Process (KP). … Read more
