Page 82 - Irectory News Today

Dropping international demand for diamonds has led to more than 20,000 workers losing their jobs in India's cutting and polishing industry.

Leaders within India’s jewellery industry have requested the removal of import duty on crucial materials used for the manufacturing of lab-created diamonds.

As retailers and suppliers alike bid farewell to a tumultuous and unpredictable 2022, diamond industry analysts outline their thoughts about the road ahead and how the retail market in 2023 will be affected.

Michael Hill International CEO Daniel Bracken has lifted the lid on the Australian jewellery retailer’s impressive sales performance during the pandemic, and in the year that followed.

Retail Edge has released its analysis of the performance of the Australian jewellery market in December, noting a modest climb in sales.

The world’s leading gemology and jewellery research organisation, the Gemological Institute of America (GIA), recently issued its first digital-only dossier report.

Authorities in Sri Lanka have limited the import of gold jewellery to 22 carats per person in a bid to curb illegal gold smuggling operations.

Australian jewellery retailer Lovisa has faced further accusations of providing poor working conditions for employees.

As suppliers and retailers alike bid farewell to a tumultuous and unpredictable 2022 and look ahead to the new year, diamond industry experts have shared their vision of the road ahead.

Health Ministry reports four deaths.