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Lukson Jewels Grows with 25% Month on Month Expansion
Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery landscape through vertical integration, omnichannel expansion, and design led innovation. Since launch, Lukson has recorded a sustained 25 percent month
Lukson Jewels Grows with 25% Month on Month Expansion
Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery landscape through vertical integration, omnichannel expansion, and design led innovation. Since launch, Lukson has recorded a sustained 25 percent month
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GJEPC to Launch DDRC with IDI in Surat
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) will soon be launching a Diamond Detection Resource Center (DDRC) at the Indian Diamond Institute, Surat (IDI). The centre will be operated and managed by the IDI, and will be fully equipped to detect synthetic diamonds. Opening of the DDRC will help small and medium enterprises in the city to detect
More Undisclosed Synthetics Appearing at GIA
New York: The Gemological Institute of America is spotting more undisclosed lab-grown diamonds at its grading labs, says Tom Moses, executive vice president of GIA laboratory and research, according to a report appeared in JCKonline. “There clearly has been an increase in [undisclosed synthetics]. I can’t tell you how much the increase has been, but we have seen more in
Signet Q4 Sales up 45.5%
Hamilton: Signet Jewelers Limited has announced a 45.5-percent increase in total sales in the fourth quarter of Fiscal 2015. Sales increased by $712.4 million to $2.276 billion from $1.56 billion in the fourth quarter Fiscal 2014. The company said the increase was primarily driven by the addition of the Zale division, which added $636.7 million of sales to fourth quarter
FII Allowed to Raise Stake in Deccan Gold Mines
Mumbai: Investors lapped up shares of Deccan Gold Mines after the Reserve Bank of India (RBI) allowed Foreign Institutional Investors (FII) to increase stake in the company. The RBI notified recently that the foreign shareholding by Non-Resident Indians (NRIs)/Persons of Indian Origins (PIOs) in Deccan Gold Mines has gone below the revised threshold caution limit and therefore the restrictions placed
GJEPC to Launch DDRC with IDI in Surat
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) will soon be launching a Diamond Detection Resource Center (DDRC) at the Indian Diamond Institute, Surat (IDI). The centre will be operated and managed by the IDI, and will be fully equipped to detect synthetic diamonds. Opening of the DDRC will help small and medium enterprises in the city to detect
More Undisclosed Synthetics Appearing at GIA
New York: The Gemological Institute of America is spotting more undisclosed lab-grown diamonds at its grading labs, says Tom Moses, executive vice president of GIA laboratory and research, according to a report appeared in JCKonline. “There clearly has been an increase in [undisclosed synthetics]. I can’t tell you how much the increase has been, but we have seen more in
Signet Q4 Sales up 45.5%
Hamilton: Signet Jewelers Limited has announced a 45.5-percent increase in total sales in the fourth quarter of Fiscal 2015. Sales increased by $712.4 million to $2.276 billion from $1.56 billion in the fourth quarter Fiscal 2014. The company said the increase was primarily driven by the addition of the Zale division, which added $636.7 million of sales to fourth quarter
FII Allowed to Raise Stake in Deccan Gold Mines
Mumbai: Investors lapped up shares of Deccan Gold Mines after the Reserve Bank of India (RBI) allowed Foreign Institutional Investors (FII) to increase stake in the company. The RBI notified recently that the foreign shareholding by Non-Resident Indians (NRIs)/Persons of Indian Origins (PIOs) in Deccan Gold Mines has gone below the revised threshold caution limit and therefore the restrictions placed
