[Wedding Pearl Jewelry | Bridal Pearl Necklace] 4/15/2018 09:36:00 AM

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Apr 15, 2018, 12:36:10 PM4/15/18
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In an effort to enter the Indian market, the watch company Swatch suggests using diamonds cut in India at their watch factories in Switzerland, ET newspaper reports.
Swatch plans to invest $ 10 million in the next decade and in the first five years to open more than 30 retail stores in India.
Indian law requires foreign monobrand companies to make at least 30% of raw material purchases in India. In addition to the "mele" diamonds, Swatch intends to buy in India a full range of materials for its products, including fittings.



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Posted By Blogger to Wedding Pearl Jewelry | Bridal Pearl Necklace at 4/15/2018 09:36:00 AM

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Apr 15, 2018, 12:36:24 PM4/15/18
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KGK Jewelery Manufacturing Limited has entered into a licensing agreement with the Xcel Brand Ltd, based in New York, regarding the jewelry brand Judith Ripka.
Under the terms of the signed agreement, KGK will produce, deliver and retail jewelry products, including jewelry made of precious metals, diamond jewelry and wedding jewelry under the brand Judith Ripka.
Channels for the distribution of jewelry products include luxury retail stores, elite department stores and specialized jewelry stores around the world. 
Chairman and CEO of Xcel Brands, Inc. Robert D'Loren (Robert D'Loren) said: "I am very pleased with the cooperation with KGK Jewelery. This powerful alliance of Xcel and KGK under the Judith Ripka brand has a huge growth potential in the wholesale jewelry market. "

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Apr 15, 2018, 12:36:45 PM4/15/18
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Gem Diamonds said that in the first half of the year its revenues at the Letšeng diamond mine in Lesotho rose 80% year-on-year to $ 147.8 million.
The message received by Rough & Polished via e-mail says that As of June 30, 2014, the company had free cash of $ 114 million, compared to $ 71 million at the end of the previous quarter.
The enterprise at the Letseng mine announced dividends totaling $ 40 million, which provided a net cash flow of $ 25 million to Gem Diamonds, and taxes and dividends paid to the government of Lesotho were $ 3 million and $ 12 million, respectively.
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