This year, the 47th edition of the Istanbul Jewellery Show saw a 22% increase in visitor numbers, proving its worth as a lucrative buying event for its 800 exhibitors. The exhibition, which ran from Thursday 11th October to Sunday 14th October, hosted 18,953 sector professionals from 119 countries, a notable rise on the number of…
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Celebrity jeweller faces UK extradition pressure over bank fraud allegations
Indian authorities have called on Britain for help in extraditing billionaire jeweller Nirav Modi, who is allegedly at the centre of a £1.3 billion bank fraud, it was claimed in a Sky News report today. Modi and his uncle, Mehul Choski, are accused of illegally diverting loans from India’s second largest state-run lender, the Punjab…
Bangkok Gems and Jewelry Fair reports record breaking success for 61st edition
Bangkok Gems and Jewelry Fair, organised by the Department of International Trade Promotion (DITP), Ministry of Commerce, has reported the 61st edition as a resounding success, with a record breaking number of trade deals made at the show. Held from February 21-25, 2018 at Challenger Hall 1-3, IMPACT Muang Thong Thani, the 61st edition of Bangkok…
VOD Dubai International Jewellery Show partners with DGJG
VOD Dubai International Jewellery Show, the Middle East’s only consumer and trade-focused jewellery industry event, has announced a strategic partnership with Dubai Gold and Jewellery Group (DGJG). DGJG is a non-profit trade association which counts more than 700 members and represents companies accounting for almost 80 per cent of the regional jewellery trade. The partnership…
Pandora details huge revenue and store targets for 2017
Pandora has set out its financial goals for 2017 and promised that it will expand its store network in newer as well as more developed markets as it chases further revenue growth. The brand said that while it remains committed to growing sales from its existing network, it plans to add more than 275 new…
Pandora signs deal to start distributing in India
Jewellery brand Pandora has announced that it has signed a letter of intent with Pan India Charms & Jewellery Private Limited (Pan India) about distribution of Pandora jewellery in India. Under the terms of the distribution agreement, Pan India will be granted exclusive distribution rights for Pandora jewellery in India, in which the firm currently…
Luxury jewellers could be set for massive sales surge this weekend
High-end jewellery boutiques are expected to see a considerable sales injection this weekend as Chinese tourists are predicted to flock to the capital to celebrate Chinese New Year. According to new figures, Chinese visitors looking for luxury goods could splash £11 million in London alone over the coming week, to welcome in the year of…
Kim Kardashian jewellery has been re-cut and sold on, French media says
Kim Kardashian’s stolen jewellery has been melted down, re-cut and sold on the black market, according to media reports. France’s BFM TV channel was told by an enquiry source that the reality TV star is unlikely to get her jewellery back, including a £3.5 million diamond engagement ring. Jerome Guillochon, president of a French jewellers federation,…
Gemex hoping for new international markets at Vicenza show
Diamond jewellery manufacturer Gemex is hoping its debut at the Vicenza International Jewellery Show will enable it to penetrate further into international markets. Lee Ruben, owner and director at Gemex, hopes VicenzaOro this month will attract retailers’ interests on a global scale. Ruben commented: “This is Gemex’s first Vicenza show and we are expecting it to be…
Business rates preventing international retailers from expanding into UK
Three quarters of international retailers said that they would expand elsewhere in preference to the UK due to a number of perceived barriers, the most significant being business rates. That’s according to new findings from intu and Revo who are calling on the Government to do more to support and promote UK retail. The new…
