Dutta said there has been decline in the growth of jewellery exports this fiscal owing to global slowdown. The government is aiming at USD 80 billion of jewellery exports in the next five years from the present level of USD 40 billion, a senior official said on Thursday. The Centre also expects the jewellery industry … Read More →
Fast fashion is the latest business model in the clothing industry. Brands like Zara have been able to use this model to turn their business into a profitable one. The model essentially involves producing more and more clothes in a short amount of time to keep up with the latest fashion trends. Zara is now … Read More →
After collaborating with the likes of French luxury fashion house Balmain and Italian luxury fashion company Versace, Swedish fast-fashion retailer Hennes and Mauritz (H&M) on Tuesday announced its first Indian collaboration with designer Sabyasachi Mukherjee. The designer, under his label Sabyasachi, is known for the use of Indian textiles in the construction of modern silhouettes. Launching … Read More →
Gross exports of gems and jewellery have declined for nine months in a row this financial year. It fell by 2 per cent YoY in December to $2,436 million. It had seen a YoY decline of 3 per cent in November. The quantum of de-growth in gross exports in the nine months of FY20 is … Read More →
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 →
At a prehistoric archaeological site in Turkey, researchers have discovered two 8,500-year-old human teeth, which had been used as pendants in a necklace or bracelet. Researchers have never documented this practice before in the prehistoric Near East, and the rarity of the find suggests that the human teeth were imbued with profound symbolic meaning for … Read More →
A new study has revealed that the majority of opened, in-use makeup products, such as lip gloss, mascara and blending sponges are contaminated with potentially dangerous bacteria such as E.coli and Staphylococci. The research published today in the Journal of Applied Microbiology by researchers at Aston University in the U.K., found that 9 out of 10 products … Read More →