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

Shree Ganesh's Sales Soar in 4Q

31 may 2012

Shree Ganesh Jewellery House Limited (SGJHL) reported that group sales rose 65 percent year on year to $376.4 million (INR 21.06 billion) during its fourth fiscal-quarter that ended on March 31, 2012. The company derives more than 85 percent of its sales from overseas markets such as the United Arab Emirates (UAE,) Singapore and Hong Kong, Rapaport reports.
Net profits more than tripled to $34.7 million (INR 1.94 billion) during the period from $10.1 million (INR 565.5 million) a year earlier.
Group expenditures rose 57 percent year on year to $335 million (INR 18.74 billion) during the quarter. Kolkata-based SGJHL makes gold jewelry, diamond jewelry, gemstone-studded jewelry and light-weight Italian jewelry and operates GAJA retail outlets.
For the fiscal year, the company’s net profit rose 57 percent year on year to $82.4 million (INR 4.61 billion) while net sales increased 73 percent to $1.80 billion (INR 101.21 billion).