Jewelry sales in the US more than doubled in March, buoyed by government stimulus payments and a broader reopening across the country, according to Mastercard SpendingPulse.Sales in the category increased 106% year on year during the month, also benefiting from a strong base comparison with.
RAPAPORT. Two pieces of green glass imitating valuable tourmalines have turned up at the Gemological Institute of America (GIA) after manufacturers apparently used innovative techniques to make the shards look like real gemstones.
The bluish-green prisms weighing 1.91 and 1.92 carats.
Alrosa’s sales grew last month as manufacturers continued to restock inventory amid rising consumer demand in the US and China.“Jewelry sales results at key markets, including the US and China, indicate persistently high demand from end consumers,” said Alrosa deputy CEO Evgeny Agureev. “Alrosa.
RAPAPORT. The US government has placed sanctions on an important state-owned gemstone company in Myanmar, its latest attempt to deprive the military of funding.American businesses may no longer transact with Myanma Gems Enterprise (MGE), an entity “responsible for all gemstone activities”.
Pandora’s revenue increased in the first quarter, even as more than one-third of its stores remain shut due to Covid-19 restrictions.The company’s sales rose 13% on an organic basis to DKK 4.5 billion ($719.3 million) versus the same quarter in 2020, the jeweler said last week. Like-for-like.