China’s jewellery retail business maintained its positive momentum from January to May, recording an 8.2 percent year-on-year growth, the National Bureau of Statistics of China revealed. Government data showed that retail sales of gold, silver and jewellery climbed to RMB 128 billion (US$18.79 billion) for the first five months of the year while in May … Read More →
She’s the Australian singer know for her angelic voice. But its Delta Goodrem’s perfume that’s become one of her biggest hits. The 32-year-old’s debut fragrance, Delta, launched in April and in two months has sold over 30,000 bottles have flown on the shelves, according to The Daily Telegraph. Amidst the millenial pinks, powder blues, pastel … Read More →
A stunning fancy vivid blue diamond ring, purchased by legendary luxury jeweller Harry Winston for US$8.88 million, headlined Christie’s Hong Kong Magnificent Jewels auction on May 30. The auction house raised a total of around US$80 million from the sale of an expansive range of fine diamond and coloured gemstone jewellery. The top-selling ring by Moussaieff features … Read More →
Retail sales of gold, silver and jewellery in China were up 7.8 percent in the first four months of the year, indicating further signs of improvement in the market. Data released by the National Bureau of Statistics of China showed sales rose to RMB102.8 billion (around US$15 billion) from January to April compared to the … Read More →
As competition in the Indian e-commerce market gains steam, e-tailers are lining up discounts and lucrative deals for customers in limited-period sales schemes. Locking horns once again, e-commerce giants Flipkart and Amazon have announced special sales in the coming weeks, offering special prices for purchase of various products including mobiles, appliances, clothing and accessories. E-commerce … Read More →
Luk Fook Holdings (International) Ltd reported a 2 percent increase in sales in the fourth quarter of its financial year ended March 31, 2017, largely due to improved market conditions and solid demand for gem-set jewellery. The company said it recorded a turnaround after 12 consecutive quarters of decline, adding that sales in Hong Kong and … Read More →
De Beers has seen its rough diamond sales rise to $580m (£465m) in its third sales cycle of the year. The mining group’s sales grew 5% from the revised figure of $553m (£443m) in the second cycle, but was 13% lower than last year’s March sale. According to Rapaport, De Beers has had $1.86bn (£1.49bn) … Read More →