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

Rajesh Exports Posts Strong Diwali, Christmas Sales

13 january 2012

Rajesh Exports Ltd. posted record sales in the final quarter of calendar 2011 following the company’s recent retail expansion. The jewelry maker reported that sales exceeded $17.4 million (INR 900 million) at its 75 SHUBH Jewellers stores in the southern Indian state of Karnataka during the combined Diwali and Christmas festivals, Rapaport reported.
The Bangalore-based company stated that its stores registered a total footfall of 37,616 customers, with 28,454 conversions and a sale of 67,414 jewelry pieces. More than 330 kilograms of jewelry were sold during the period, Rajesh Exports reported.
Rajesh Mehta, chairman of Rajesh Exports, said the company is still in the very early stages of its retail expansion program. He added that the company’s research and development team is working to create better designs to offer consumers. The company has created 2,000 new designs for the forthcoming wedding season, to be introduced in SHUBH Jewellers stores from January 15 through to the end of April.
“I am confident that we would be able to capture a large percentage share of the retail jewelry business in Karnataka to start with and then expand pan India to extend our offerings to the retail customers across the country,” Mehta said.
Rajesh Exports last month said that it plans to open 550 retail stores by 2014 in southern Indian states as it aims to capture 8 percent of the Indian retail gold jewelry market.