Contributing Member of the Consumer Goods & Services Councils
Names and details of certain GLG News authors are available only to GLG Clients and Council Members. GLG News authors are subject-matter experts within the GLG Councils and are available for expert consulting - by phone, in-person, or written analysis. To find out how to become a GLG client or Council Member, click here.
GLG News by this Author
GLG News is now G+ Insights
-
G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.
-
All New Diamond Report in the Market in July2007
June 11, 2007
EGL USA's 360 Diamond Report Service Available in July | www.diamonds.net
1. EGL to introduce all new Diamond Report with some very new features. 2. EGL is calling this report by he name of 360º Diamond Report. 3. This Report will be available from this July 2007. 4. Its all new report tell you about the real nature of the diamonds. 5. The demand for the report is going to be good.
-
US Diamond Result in April 2007
June 11, 2007
USA: April Net Diamond Account -17% to $418M | www.diamonds.net
1. Polished Diamond Import in the month of April rose 8% to $1.212 billion. 2. Polished Diamond export rose 32% to $813 million. 3. Market is down by 17% in all diamond sale to 4418 million. 4. Net Diamond account this year in 2007 till April is down by 3.6% to $2.349 billion. 5. US market is a bit slow and seems to be low this year.
-
June 8, 2007
Japan's Diamond Imports Continue Monthly Decline During April | www.diamonds.net
1. Japan Market is going down in 2007. 2. Almost every sector is affected by that downfall in Japan. 3. Diamond import in Japan is falling from 9th consequtive month. 4. Every sector of gem and jewellery industry is going down in terms of direct sale and in import in Japan.
-
June 8, 2007
Simmons Jewelry to Launch National Campaign in July | www.diamonds.net
1. Simmon Jewelry a New York based company is launching a Green Initiative collection in July 2007. 2. Fifty percent of net profits from this will go to the Diamond Empowerment Fund. 3. Its range starts from $200-$80,000 with rings, pandents, bracelates and chains in it. 4. In this campaign the 25% of net profit of other jewelery sale with also go to Diamond Emporwenment Fund. 5. Its a good and nobal cause to have a sale like this.
-
Natural is Best and Will lead for Forever
June 7, 2007
De Beers Produces 51M Carats in 06 | www.diamonds.net
1. NCDA says that the demand of Natutal Color Diamond has increased in 2007.
2. According to a survey by the Assosiation in US the demand for all the natural things is increasing this year.
3. Consumer has become more alert in buying and wish to by natural and best product.
4. US and Asia are the Best market of Colored Diamonds. -
De Beers Still on Top with the Result of 2006
June 7, 2007
De Beers Produces 51M Carats in 06 | www.diamonds.net
1. De Beer maintains its post on the top of diamond production and exploration by capturing about market.
2. According to company stats they rose by 4.3% to 51.13 million carats of diamond production in 2006 around the world.
3. In previous year the set record of 51million carat production of diamond was not achieved.
4. Company sold 26% of its equity of De Beers Consolidated Mines at a price of $604.80 million.
5. Bostwana and De Beers have signed 25 year agreement of diamond exploration and agreed to establish 50/50 joint venture in the country.
6. Namibia has also signed a contract of 50/50 joint venture with the company. -
Will Expect Much More Good Figures This Year by Tiffany
June 5, 2007
Tiffany net income rises in 1st quarter | www.thestate.com
Tiffany the most satisfied and trusted Jewelery Luxury Brand in US or rather say not just in US but round the world. Tiffany announces their 1st Quarter results its increase and it will be good news for those who were expecting the jewelery sale will go down this year. Tiffany expansion helped them a lot in their increased sale and growth in their diluted shares. This result may expect a good chain in other quarters in this year and company sales is expected to increase with that.
-
Big Industry of Diamond Exploration in India
May 31, 2007
India: De Beers, Rio Tinto 'On Hold' for New Prospecting Permits | www.diamonds.net
1. Indian government is changing policies for the exploration of diamonds in india. 2. Orrisa, Chastisgarh and Andra Pradesh are the states in India a major places of diamond and gold exploration. 3. Dee Bees, Rit Tinto among many multinational companies are exploring diamonds in India beacuse of change of ploicies from State as well as Central Govt.s 4. If any diamond mine is explored in India then Indian Economy and world diamond trade will going to change a lot and all the changes will be adverse in all its sense.
-
Gitanjali Planning Few More Major Takeover this Year after taking Samuels
May 31, 2007
Gitanjali Gems Scouts For Acquisitions | www.diamonds.net
1. Last year Gitajali Gems shock the industry by the news of takeover of Samuels the 10th largest Retailer in US. 2. Last year Gitanjali also become major major stake holder in Canadian Tri-Star Worlwide LLC. 3. According to company Managing Director Gautam Marya company is having talks with two more US companies on a takeover deal and one will be announced this year. 4. Company shares are doing well in the market after this rumors.
-
May 29, 2007
India: LVMH Aims to Double Presence | www.diamonds.net
1. LVMH has 18 retail outlet and they are planning to make them 40 all round India in next three years. 2. According to Valerie Lachaux CEO of LVMH watch and jewelery division says that India is among top seven Global Market for the company products 3. They have about 10%-12% of market share in luxury watch industry in india which is EUR1,000 to EUR4,000 price point range. 4.LVMH has introduced Zenith and Fendi which are high end luxury mechanical watches starting from Rs.20K contains a good share in High End watch market. 5. Company is also happy by the move of Indian Govt. which has reduced the duties on imports which helps company to Compete in the market because LVMH is directly importing their watches from there Switzerland Factory. 6. Company has double digit revenue growth on all his brand from TAG HEUER, Zenith and Montres Dior.
-
May 23, 2007
Chinese Jewelry Sales Rise 28.5% in 2006 | www.idexonline.com
1. China has an average annual growth rate of 9.8% from 2001 to 2006 and its 4th largest economy. 2. Every year almost 10million new couple getting married every year from the population of 1.3 billion. 3.Policy of Chinese government on the import of gem and jewellery invites more brand in the country. 4.Most people intrested in spending money in luxury goods.
-
May 10, 2007
PwC: M&As to rise in China's retail sector | news.xinhuanet.com
1. High average annual GDP rate of about 9.8% in 2001-2006.
2. Average per capita income of chinese people is incresed.
3. Urban Chinese cities have more buyers in comparison to metros.
4. China has a population of about 1.5 billion people from which 1.3 million are getting married every year.
5. Chinese Govenment helping in all the sectors from Imports to Exports and manufactring to retailing. -
Dubai and India first One Roof Plan
May 9, 2007
UAE : DGJG to open string of retail stores in Dubai & India | www.fibre2fashion.com
1. Dubai Gold and Jewelery Group is planning to open retail stores in Dubai and India.
2 They just want to promote jewelery brand of Dubai.
3. It Might be part of Gitanjali Gems who is working for retail chains store in India.
4. Group is working out of traditional styles and going through with the hi-tech world trends marketing and selling. -
May 9, 2007
Kohl's Announces Expansion Plans, and Details 2006 Performance | www.retailnet.com
1. Presently Kohl's is operating 834 stores and announced to make it around 1200 by 2010.
2. Kohl's has a customer of all age groups and all trends from traditional to trendy which their stores strongly believe in.
3. Kohl's key implementation in rising up is taking the brand positively which is a lack of sign in Penney group.
4. Kohl's figures have improved a lot which is giving by the company in a meeting and being a source from US operations.
5. The policies and the clientele of the store believe in their own product with branded ones, and has worked for the company. -
April 19, 2007
USA Survey: Consumers to Spend $16B on Mother's Day Gifts | www.diamonds.net
1. Article showing that the sales will improve in Mother's day Season.
2. According to National Retail Federation(NRF) $15.73 billion is going to spend on mother's day gift varying from jewelery to flowers.
3. And it was shown about 13% of all are going to gift jewelery of about $2.1 billion in all.
4. This year according to NRF 37.5% people will buy their gift from a specialist store and about 25% will go for discounted items.
5. NRF suvey also shows that this year there will be 20% a increment of about 4% people from last year will surf the net to buy the best gift for their Mom. -
April 16, 2007
India Weekend: High-end Jewelry in Great Demand | www.diamonds.net
1. Indian Gem and Jewelery Sector is growing for High End Jewelery.
2. Demand for High Range gems diamonds and gold jewellery has increased rapidly.
3. People wants to buy exclusive designs with a attractive look in that.
4. Total Business is of trust People don't ask for certificates and rapports they tottaly deal on trust.
5. This is the main reason behind which branded stores are not successful in India as well as in Asia. -
Jewelery will Recover from this Situation
April 13, 2007
Demand for Jewelry Forecast to Decline in 2007 | www.idexonline.com
1. GFMS studies shows that decline in demand of gold jewellery will follow the past year 2006 of 16% in 2007 also, it a very kinny view i suppose.
2. The price of gold has incrased a lot which also affecting the demand.
3. Reason behind the price hike of gold Future Trading.
4. India has shown good results in the last quater of 2006 and assumes to improve sales and demand in 2007 all in export and sales both.
5. Manufactrer needs in high gold price. -
April 9, 2007
US diamond valuing scandal spreads | business.timesonline.co.uk
1. Bribe in GIA laboratary to get the sufficient Grades.
2. Talks that GIA pays few amounts to adjust the legal matters in it.
3. GIA takes precaution measures to be sure that this wont happen again in future. -
Future of Branded Diamond market in Asian Countries like India, China and Middle East
April 5, 2007
Mumbai Gem Giant Expanding in Several Retail Catagories | www.diamonds.net
Future of Branded diamond jewellery in asian counties.
1. Gitanjali Gems trying to buliding up the market of branded jewellery.
2. What is the reason behind the step in which company is planning to have a chain store stragity.
3. What asian consumer thinks of a branded jewellery.
4. Looking to get direct connection with the consumer itself. -
Gitanjali Gems expanding Globally
April 3, 2007
Mumbai Gem Giant Expanding in Several Retail Catagories | www.diamonds.net
Gitanjali Gems looks to expanding itself globally.
Last year company purchase a Texas based Samuel Jewelers Chain.
Also a major stake in Canadian Tri-Star Worldwide LLC.
Company is also looking to have a partnership with retail chains in India with one of the Australian Company.
- Subscribe to Updates
-
This author consults with leading institutions through GLG
Most Popular Consumer Goods & Services News
-
Apple brings textbooks to iPad -- Finally
January 20, 2012
-
PayPal loses a key player in mobile device payments to Yahoo
January 10, 2012
-
More details and insights about the planned Sears Holdings store closings
January 4, 2012
-
Three things you should know about Sears store closings
December 29, 2011
-
Green Mountain Coffee Roasters could get burnt
November 14, 2011
Gerson Lehrman Group, Inc. connects communities with knowledge through two distinct, yet complementary offerings: GLG Research and G+.