Virtual Possibilities of Jewellery Market

Online jewellery trading in Russia – since it started boosting and becoming more popular among the consumers - is of keen interest among the market players and is a topical issue. Dmitry Zamyshlyaev, Deputy Head of the Federal State Enterprise ‘Assay...

17 july 2017

Too early to say good days are back, but the industry is witnessing changes

Rajesh Lakhani, Director of Kiran Gems Pvt Ltd has more than 20 years standing in the diamond industry shouldering major responsibilities at Kiran including planning, developing and managing global marketing, sales and distribution of polished goods...

10 july 2017

The task of all the jewellery community is to back up the history of natural diamond, its myths, its reputation of a rare and most precious gem

Russkaya Yuvelirnaya Kompaniya No. 1 Holding comprising the Moscow jewellery factory of the same name and the retail chains in Novosibirsk and Moscow manufactures exclusive jewellery pieces and sells them on the Russian market. It specializes in making...

03 july 2017

SA’s Vutomi project can start production end of 2018 – John Teeling

Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February. It agreed to pay Vutomi a total of £942,000 in cash, of which...

26 june 2017

Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

Ex-Bulgari chief to become Tiffany & Co. CEO

14 july 2017
Tiffany & Co. has picked veteran luxury executive Alessandro Bogliolo, a former Bulgari chief operating officer, as its new CEO.
Bogliolo, 52, is currently CEO of Italian clothing retailer Diesel, where he has led a program to revitalize the company’s brand and improve the shopping experience for customers, Tiffany said. He previously spent 16 years at luxury jeweler Bulgari, including as chief operating officer and executive vice president for jewelry, watches and accessories.
Tiffany expects Bogliolo to fill a new post on October 2. He will also join the company's board of directors.
Tiffany's former CEO Frederic Cumenal, stepped down abruptly from the role in February.
The New York-based jeweler’s sales waned over the past two years, with 2016 holiday revenues recording a 4% drop. Tiffany’s February announcement of Cumenal’s departure noted that the board had been disappointed by recent financial results, and said the company needed to execute its strategies faster to compete with rivals.
“Today’s announcement concludes the board’s thorough process to identify and recruit an accomplished leader to position the company for sustainable growth in the years ahead,” the company said. “Alessandro has a well-deserved reputation for creativity and execution, having previously led a number of international brands to success and improved performance.”
Bogliolo vowed to strengthen the company’s position among the world’s top luxury brands.
“It is my goal to continue to delight our customers with compelling product offerings, supported by best-in-class operations,” he said.


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