China’s jewellery industry has been undergoing major adjustments since last year. Shenzhen, acclaimed as the jewellery manufacturing and trading hub of China, has reacted quickly to economic challenges facing the industry. Guided by China’s 13th Five-Year Plan, Luohu District – one of the six districts of Shenzhen – aims to develop itself into China’s leading … Read More →
Indian Prime Minister Narendra Modi, who arrived in Belgium on March 30 for a day-long visit, personally welcomed members of the Antwerp World Diamond Centre’s (AWDC) board of directors. AWDC is the umbrella organisation for the Antwerp diamond industry. Belgium is one of Europe’s top three trade partners with India, and is the second-largest exporter … Read More →
Ahmed Bin Sulayem, chair of the Kimberley Process (KP), was recently hosted by De Beers CEO Philippe Mellier at their Charterhouse Street Headquarters in London on March 24. Bin Sulayem said, “As part of our ongoing dialogue with stakeholders across the diamond sector, last week we met with the De Beers Group, the world’s largest … Read More →
Sri Lanka’s apparel industry has taken the plunge into the world of 3D design. America’s Optitex, a world’s leader in 2D and 3D apparel design software, has granted its leading solution to Sri Lanka Institute of Textile & Apparel (SLITA) to train designers in 3D design aspects, Sri Lankan newspapers have reported. The initiative is … Read More →
Britain’s five largest high street retailers have been late in paying suppliers 80% of the time, a new report has revealed. The findings, from peer-to-peer lenders MarketInvoice, highlighted John Lewis, Alliance Boots, Home Retail Group, Marks & Spencer and Kingfisher as the worst offenders in a prevailing industry trend for late payments to suppliers. Among … Read More →
Los Angeles’ fashion industry continues to play a crucial role in the city’s economy, while adopting a vanguard position in social media, online sales and marketing, and design and manufacturing technology – trends that are changing the fashion industry. These and other insights are found in the 2016 “Los Angeles Area Fashion Industry Profile. The … Read More →
In a tribute to India’s fashion industry, Commerce Minister Nirmala Sitharaman has said that it has done very well for itself with virtually no help from the government. Sitharaman’s comment came at ‘The Global Design and Innovation Session: Branding India Globally’ at Make in India Week in Mumbai on Monday. “The fashion industry in India … Read More →