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Russia's diamond miner Alrosa to cut production and staff in 2025
News industrie : Russia's Alrosa, the world's largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff as it grapples with low global prices, the sanctions-hit company's CEO, said on Thursday. (#1681039)
Korean trade delegation links with GJEPC to explore jewellery trade opportunities
News industrie : A delegation from the Korea Trade-Investment Promotion Agency met with Gem and Jewellery Export Promotion Council officials in New Delhi to explore jewellery trade opportunities between India and Korea. (#1680845)
Inditex boosts fast fashion flights from India to avoid shipping delays
News industrie : Zara owner Inditex has sharply increased its use of air freight to bring clothes from factories in India to its logistics hub in Spain to avoid shipping delays, according to trade data, industry experts, and investors. (#1680563)
Time Avenue launches special edition Blancpain collection in Mumbai
News evenements : Luxury watch retailer Time Avenue has launched a special edition Blancpain collection at its store in Mumbai titled ‘Fifty Fathoms Bathyscaphe’ to bolster its international offering and connect with the metro’s shoppers. (#1680140)
Snitch launches 32nd India store at Kalyan Metro Junction Mall, Maharashtra
News distribution : Men’s apparel and accessories brand Snitch has brought its India brick-and-mortar store total to 32 with the launch of its latest exclusive brand outlet in Kalyan Metro Junction Mall at Kalyan West, Maharashtra. (#1680469)
Khazanchi Jewellers Ltd Q2 net profit down 16 percent to Rs 11 crore
News business : Khazanchi Jewellers Ltd, a leading jewellery retailer reported a 16 percent decline in net profit to Rs 11 crore for the second quarter of financial year 2025, as against Rs 13 crore in the year-ago quarter. (#1680525)
Antoine Arnault on Paris FC, Jürgen Klopp and forming France’s next superstars
News business : “It’s a family project, which we discussed at length with my brothers and sister,” insisted Antoine Arnault, as he revealed the clan’s latest acquisition – not in fashion, but in football - Paris FC. (#1680773)
Mytheresa sales and adjusted profit rise, CEO upbeat despite wider actual losses
News business : Mytheresa has long been in the spotlight, but its Q1 results this week are being even more closely watched given that it’s the company that will soon be tasked with turning around YNAP as it acquires it from Richemont. (#1680472)
Montblanc launches anniversary eyewear collection at GKB Opticals
News evenements : Eyewear retailer GKB Opticals recently held events in Mumbai and Bengaluru to celebrate the launch of Montblanc’s new collection which commemorates the 100th anniversary of its signature ‘Meisterstück’ pens. (#1680607)