Russian sanctions impact Indian diamond workers

An estimated 250,000 members of India’s diamond cutting and polishing industry have been placed on unpaid leave for two weeks. The work moratorium was the result of a major supply disruption in Surat, the Indian center of the diamond trade. The ongoing economic sanctions against the Russian Mining company Alrosa, installed by the US, EU … Read more

Jeweller’s conference a raging success

Nationwide Jewelers’ celebrated 30 years of business with a three-day conference which has received rave reviews from attendees. This year’s conference was titled ‘Time Out-Time to Shine’ and ran from 13-15 May in Brisbane. More than 140 members representing 88 stores attended while a record 49 suppliers attended the buying conference with exhibitions spread across … Read more

Modenik Lifestyle appoints Utkarsh Thakur as Marketing Head

Modenik Lifestyle Pvt Ltd has announced the expansion of its management team with the joining of Suryanarayana GV as its Chief Information Officer and Utkarsh Thakur as the Head of Marketing for the Men’s Category. Modenik Lifestyle Pvt Ltd is the entity formed post the Merger of Dixcy Textiles Pvt. Ltd. (Parent company of brand … Read more

New blockchain digital provenance platform launched

De Beers Group has launched a blockchain-backed diamond sourcing platform. The program is named Tracr and aims to offer improved trust in diamond provenance for consumers and traders, and will also be used to identify potential inefficiencies within the value chain. The term ‘blockchain’ is used to describe a distributed database that is shared among … Read more

Pandora anticipates continued growth following Q1

Following the release of 2022’s first quarter data, the Pandora Group has revised its forecast and is now predicting sales growth of between 4-6 per cent for the year. Pandora reported record revenue in Q1, rising 21 per cent on a year-on-year ‘organic basis’, a similar metric to total store sales. The company generated total … Read more

Nationwide Jewellers’ conference booked out

The upcoming Nationwide Jewelers annual conference is officially booked out, with the theme of this year’s event ‘Time Out – Time to Shine’. The conference is running across three days in Brisbane, beginning on 13 May and concluding on 15 May. Nationwide Jewelers membership manager Erin Keller received industry feedback in the lead-up to the … Read more

Fresh charges for disgraced Indian jeweller

India’s Central Bureau of Investigation (CBI) has confirmed additional charges of fraud have been laid against fugitive businessman Mehul Choksi. The 62-year-old Choksi is the former chairman of the now-defunct jewelery retail chain Gitanjali Group, the leadership of which he took over in 1985 from his father. Choksi, along with his Nephew Nirav Modi, is … Read more

Community detention for former entertainment industry star

A man with a once illustrious career in the entertainment industry has appeared in the Blenheim District Court on charges in relation to a drink-drive offense. Photo / Tracy Neal The tale of a former New Zealand media and entertainment industry Personality, whose decline into a series of drink-drive offenses saw him once run over … Read more

The F1 effect: Can autobrands be mega-luxury lifestyle brands too?

To receive the Vogue Business newsletter, sign up here. Can any premium brand in any product category become a luxury lifestyle brand embracing the world of fashion? Belief in this proposition is driving a new era of Collaborations, with the luxury car the world’s interest in fashion high on the agenda this year. “Most luxury … Read more

Celebrate Earth Day with eco-friendly efforts | Entertainment

Kern County has a lot of ways to give back in time for Earth Day, which is today. On Saturday, events will be held that offer Residents a way to clean up or make decisions to help the environment. Here’s a look at what’s on tap. Work / play day at Okihi White Wolf Wellness … Read more