India’s gems and jewellery exports is likely to decline by a staggering 30 per cent in the financial year 2017-18 due to unfavourable government regulations and trade restriction from the Gulf countries.   The signals of the steep decline in exports were already visibile in July with over 26 per cent fall in India’s gems and Read More →

De Beers Group wants to make sure that future generations love—and also see the value in—diamonds. And it’s willing to invest in that eventuality.   The international diamond company will put more than $140 million into its marketing efforts this year—its biggest spend in marketing since 2008, according to De Beers Group. The investment will be focused on drumming up consumer demand for diamond Read More →

The Bureau of Indian Standards (BIS) plans to make hallmarking of gold jewellery compulsory and, as a first step, it has proposed photocards for hallmarked jewellery. Currently, the hallmark logos on jewellery are very small and difficult to decipher. The authenticity of these logos also remains suspect. To address this problem, the BIS has proposed to introduce a photocard, of the size of a Read More →

Kenneth Jay Lane, the designer and bon vivant who built a global business from glittering acts of unabashed deception, producing fake and junk jewelry — or, as he liked to say, tongue in cheek, “faque” and “junque” — has died at his home in Manhattan. He was 85. Chris Sheppard, the executive vice president of Read More →