Jewellery Buying Is Rarely Immediate — And That’s Not a Sales Failure
As jewellery buying shifts toward longer consideration cycles, retailers and manufacturers must reframe hesitation not as failure, but as a trust-led decision process shaped by permanence, complexity, and emotional alignment.
India’s Gold Duty Cut Expected to Drive Festive Buying Surge
India's recent gold import duty cut is expected to spark a surge in gold demand during the upcoming festive season. With duties reduced from 15% to 6%, the move aims to make gold more affordable for consumers and boost retail purchases amid the peak wedding and festival period
Bollywood Stars Shine at Tiffany & Co.'s Mumbai Store Launch
Step into your own 'Breakfast at Tiffany's' moment now at the newly unveiled Tiffany & Co. store in Mumbai, India
Tried and tested growth drivers to boost sales
Retailers are citing several growth drivers that give an impetus to sales, ranging from improving systems and procedures within the company, to better social media management, and promotion and communication, says Suneeta Kaul
India's gold imports for January have hit a 32-month low, plummeting 76% from the previous year's numbers
The country imported 14.6 tonnes of gold in January 2023, down from 61.5 tonnes in January 2022. The lower demand for gold has affected not only India's import figures but also global gold prices, which fell on the news of India's reduced imports.
Gold Imports Surge 677% in May to Highest in a Year Amid Price Corrections
However, local gold futures fell to INR 49,572 per 10 grams in May, the lowest in nearly three months
IIJS Tritiya postponed to March 2023, says GJEPC
According to GJEPC, the rescheduling of different jewellery shows in India has resulted in the show calendar in India becoming very busy for the month of March-April 2022, and so IIJS Tritiya has been postponed
Kalyan Jewellers records 17% revenue growth in Q3FY22
Total revenue for the quarter was Rs. 3435 crore, compared to a total revenue of Rs. 2936 crore for the same period during the last financial year
871 exhibitors to showcase their products at rescheduled IIJS Signature
IIJS Signature will feature 871 exhibiting businesses and over 12,000 trade visitors are expected, says GJEPC
IIJS Signature 2022 to be held from 18-21 Feb at Bombay Exhibition Centre
The show was initially scheduled to be held in the first week of January 2022, but the Council decided to postpone the show due to the surge in COVID-19 cases
Gold purchases fall by 25% in view of new COVID cases
Prices are expected to move up amid increasing COVID cases globally, as gold is seen as a safe bet in times of uncertainty
IIJS Signature 2022 postponed
IIJS Signature show was scheduled from January 6-9, 2022, at the Jio World Convention Centre in Mumbai
Pent-up demand driving gold sales this Diwali
Demand is primarily driven by a firm grip on the pandemic, with higher vaccination rates and falling infection rates leading to a rebound in economic activity
Here's what trended this Navratri
Jewellery shopping has a long association with this season of festivity, and this time around, new trends emerged, even as established patterns got rejuvenated, says Suneeta Kaul
Tibarumal and Sons on completion of 100 years kindles celebratory mood with in-house fashion show
Tibarumal and Sons has completed 100 years in business this July, marked occasion with fun and fashion events
