Rising gold prices and a subdued consumer environment are likely to weaken demand for the yellow metal in one of the world’s top markets for gold in FY2020, ratings agency ICRA said in its outlook for the Indian gold jewellery retail sector on Wednesday. ICRA expects gold jewellery demand to be subdued in FY2020 with … Read More →
The Cleanroom Apparel Market report 2019 deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Cleanroom Apparel market analysis for the current market environment and future scenario over the forecast period. The report … Read More →
Branded apparel manufacturers and retailers are yet to overcome the implications of the goods and services tax (GST) rollout in July. The tax reform had directly impacted the entire textile chain due to cascading burden. And post GST, poor consumer sentiment and falling exports have only made matters worse for the business. The September quarter results … Read More →
The gold jewellery demand is expected to grow by nine percent in value during calender year (CY) 2017, following rapid formalisation of the sector, ICRA said in a report. “The gold jewellery demand is expected to grow by nine percent in values and six percent in volumes during CY 2017,” rating agency ICRA said in … Read More →
De Beers sold rough diamonds with a provisional value of $530 million in the fifth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand from the global industry. De Beers sold $530 million worth of rough diamonds at the fifth sales cycle of 2017, marking a 1.5% increase over Cycle … Read More →
Gold jewellery displayed at a shop in Delhi. Photo: Reuters With the US jewellery market, the world’s largest, having reported a slowing in demand during the March quarter, De Beers pins hope on India and China for growth this year. In an annual study, Diamond Insight, the London-based diamonds mining entity said, “While US demand … Read More →
The World Diamond Mark Foundation (WDM) is hoping to drum up stronger interest in diamond jewellery with the launch of a new global diamond promotional campaign. The campaign, released under the slogan “Part of You™,” includes a new B2C website, www.passion.diamonds, and corresponding social media channels. It is aimed at fostering strong consumer demand by … Read More →