Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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

Shree Ganesh's Sales +54% in 2Q

27 november 2012

Shree Ganesh Jewellery House Ltd. (SGJHL) saw its sales rose 54 percent year on year to $419.1 million (INR 22.79 billion) in the second fiscal quarter that ended on September 30, 2012, Rapaport reported.
Profit nearly doubled to $15.2 million (INR 825.7 million) during the period as growth was driven by increases in its export business.  The jewelry manufacturer and retailer reported that exports surged 68 percent to $378.1 million (20.56 billion) during the quarter. Shree Ganesh derives the majority of its sales from overseas markets such as the United Arab Emirates (UAE), Singapore and Hong Kong.
However, domestic sales declined 23 percent to $43 million (2.34 billion). The company operates its retail outlets under the GAJA brand.
Total expenditures rose 48 percent year on year to $395.6 million (INR 21.51 billion) during the quarter, the company reported.