Jewellers Battling Soaring Prices As Rising Costs Hit Buying And Selling

Sumeth urged exporters to discover new markets, significantly in the Middle East, to broaden their buyer base. As per official reviews, Thais maintain ownership of forty seven.1% of firms working throughout the country’s jewellery industry, reported Bangkok Post. A series of detailed articles and reports compiled by Jeweller’s editorial team to analyze and analyse necessary and substantive points affecting the local and international jewelry and watch industries. Due to the spread of COVID-19, Tiffany & Co. temporarily shutters all 124 of its US and Canadian shops. The decision represents a major blow to the company’s income for the first quarter of 2020 as the US accounts for approximately forty three per cent of complete gross sales. Bharat Ratnam, India’s pioneering Mega widespread facility centre in SEEPZ SEZ Mumbai, goals to revolutionize gem & jewellery industry.

  • Laurel Pantin is Austin-based luxury boutique ByGeorge’s editor-at-large and the previous Style Director at InStyle.