GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

TSL’s stores in China see turnover rise 3.9 % fiscal y-o-y

07 july 2021
Hong Kong-based Tse Sui Luen Jewellery (International) Limited (TSL) is one of the largest jewellers in Asia, engaged in jewellery design, manufacturing, trading, retailing and wholesaling.
TSL's jewellery sales in China returned to near pre-pandemic levels and have gradually regained growth momentum because China was one of the first to recover from the pandemic. According to TSL, by mid-2020 China was able to reopen most businesses, including the jewellery sector.
The company’s turnover of its self-operated stores in China during the fiscal year rose 3.9 per cent y-on-y while same-store sales grew 13.3 per cent. However, Hong Kong and Macau saw a decline of 50.2 per cent due to the same-store sales receding by 39 per cent. 
TSL revealed that such encouraging sales rebound partly offset the group’s loss during the year. The group intends to grasp this opportunity arising from the increasing spending power of the younger generation to rejuvenate its business presence among first- and second-tier cities in China.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished