The World Jewelry Hub (WJH) recently saw the first export of finished jewellery manufactured in the WJH Free Zone. The transaction was managed under the centre’s expanded free-zone licence, which permits the establishment of manufacturing facilities within its jurisdiction. “This was a small export, but a giant step for the World Jewelry Hub,” said Mahesh Read More →

The first gold jewellery industrial park in Shanxi Province, China, was recently established in the Yuci District of Jinzhong City to cater to the province’s booming jewellery market, according to a report. The Shanxi Hongyi Jewellery and Culture Industrial Park, launched on May 26, integrates product development, manufacturing, wholesaling, trading and exhibition of gold jewellery Read More →

Chinese jewellery brand Seekfu recently opened its maiden boutique in Nanning, Guangxi Zhuang Autonomous Region, China, following the establishment of its online store as the company adopts an online-to-offline (O2O) business model to strengthen sales. The company’s brick-and-mortar retail store offers customers a chance to physically examine the products, according to a report by China.com.cn. The Read More →

Hong Kong-based jewellery retailer Luk Fook Holdings (International) Ltd recently presented a new gold and jade jewellery collection, dubbed “Gold Charisma,” which fuses traditional and contemporary elements. Leading the collection are pendants adorned with jade and gold, a combination traditionally regarded as a symbol of love in Chinese culture. Gold patterns on jade pendants take Read More →

It’s good news for jewellers and customers as the government has rolled back its budget decision to apply 1 percent tax on cash purchase of gold jewellery. The jewellers had earlier been on a 45-day strike after Finance Minister Arun Jaitley in his Budget speech in February proposed 1 percent excise tax on non-silver jewellery. Read More →

Jewellery retailers at major department stores in Ningbo, China, are offering discounts today, also known as the ‘love confession day.’ The numbers ‘520’ are pronounced similarly as ‘I love you’ in Chinese. In Ningbo No. 2 Department Store, customers can enjoy a RMB$20 (around US$3) discount for any purchase of gem-set jewellery pieces of RMB$520 Read More →

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