Author name: JNI

Fitch Ratings has raised Signet Jewelers Limited and Signet Group Limited’s ratings, including their Long-Term Issuer Default Ratings, to ‘BB+’ from ‘BB’. The ratings outlook is stable. Fitch‘s confidence in Signet’s ability to keep EBITDAR leverage below 4.0x in the medium run supports the upgrade. As of April 2024, Signet’s proforma EBITDAR leverage was approximately […]

Anglo American plc has announced that it will de-merge its business and form a new diamond-focused company. The new business, which will include De Beers, will be the world’s leading diamond producer. The demerger is part of Anglo American‘s objective to consolidate its portfolio and focus on its core operations, which include copper, premium iron

Nestled in the famed luxury shopping district, Jio World Plaza, this iconic store gives a look into the world of luxury and sophistication, right in the heart of Mumbai. The grand opening, attended by Bollywood celebrities such as Ranveer Singh and Karisma Kapoor, was a glitzy affair. Ranveer, the brand spokesperson, picked a pure white

Augmont, India’s leading gold platform, is pleased to announce the ‘Bharat and Beyond – Limited Edition Coin‘ in collaboration with JAR. This coin is more than just a collectible; it commemorates Bharat’s dramatic leaps over the last decade, highlighting important achievements and innovations in technology, healthcare, education, and infrastructure. The all-new Limited Edition Coin commemorates

The 43rd edition of Oroarezzo, the IEG – Italian Exhibition Group event dedicated to Made in Italy production and technology for the gold and jewellery sectors, opened on May 11. Until Tuesday, May 14th, in the halls of Arezzo Fiere e Congressi, a comprehensive offering ranging from gold and silver manufacturing to jewellery creation and

DMCC announced that the Kimberley Process (KP) Intersessional Meeting will commence on May 13th at its headquarters in Uptown Dubai. The Intersessional will bring together representatives from the diamond industry, civil society, and governments from around the world for a week of meetings and debates in Dubai. The UAE is currently chairing the UN-mandated KP

Lightbox Jewelry, a De Beers lab-grown diamond (LGD) jewellery brand, has announced a permanent price decrease of up to $500 per carat for the brand’s Standard line of LGDs, down from $800 per carat previously. The price drop comes after months of testing reduced pricing and analyzing the lab-grown diamond jewellery industry. The firm will

The Met Gala last night was an incredible display of exquisite jewelry and haute dress. As the red carpet presented this year’s theme, “Sleeping Beauties: Reawakening Fashion,” the stars shone magnificently in the unmatched elegance of platinum jewelry. Brilliantly colored gemstones set in exquisite platinum settings, together with stunning patterns inspired by nature, were the

Richemont, a luxury goods company, has closed a private deal to acquire Vhernier S.p.A., an Italian jewelry business that sculpts pieces entirely by hand. Vhernier was founded in 1984 in Valenza, Italy, and is located in Milan. The Traglio family acquired the company in 2001. Vhernier is well-known for its contemporary jewellery designs, which take

Zoya from the House of Tata presented an evening honoring the atelier’s illustrious history while toasting its eternal muse, the Zoya Woman. Amanpreet Ahluwalia, Zoya’s Business Head, hosted the spectacular event, which featured a presentation of the craftsmanship behind the company’s stunning creations. Celebrated designer Gauri Khan, a long-time friend of the House, joined Zoya