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 2Q Sales +17%

21 november 2012

Jewelry manufacturer Rajesh Exports Ltd. reported that net sales rose 17 percent year on year to $1.23 billion (INR 67.45 billion) during its second fiscal quarter that ended on September 30, 2012. Growth was driven by its export and retail businesses, Rapaport reported.
Profit increased 5 percent to $20.5 million (INR 1.12 billion). Total expenditures were up 17 percent to $1.19 billion (INR 65.51 billion) during the quarter.
The company stated that it has developed a new collection of jewelry for the upcoming Christmas season driven by demand from the export markets. Rajesh Exports noted that it had outstanding orders worth $1.19 billion (INR 65.32 billion) as of September 30, 2012.
During the fiscal first half, the company’s net sales increased 12 percent year on year to $2.13 billion (INR 117.13 billion), while net profit rose 4 percent to $38.3 million (INR 2.11 billion).
The Bangalore-based Rajesh Exports currently operates 80 retail stores in the state of Karnataka under the Shubh Jewellers brand. It plans to open 500 showrooms by the year 2014 across India.