Drop in gold jewellery import in December 2014

Import of gold bars and jewellery witnessed fall of 47 per cent and 67 per cent respectively.

Post By : IJ News Service On 27 January 2015 9:29 PM
Forevermark, the diamond brand from the De Beers group of companies is keeping an optimistic growth outlook, following market expansions and growth in sales. Its run for this year so far has seen ‘ unprecedented growth’, it reports. CEO Forevermark, Stephen Lussier says, “Despite launching during a period of considerable economic uncertainty, we have been consistently impressed by Forevermark’s success and achievements. We have seen both consumers and our partner retailers embrace the brand’s values of quality and integrity, values we foresee becoming only more important in this new era of ‘considered luxury’. We are now particularly excited about 2011 as a year of further growth for the brand, both in our existing, and new diamond jewellery markets.” %% This year, the brand establish firmly in China, Hong Kong and Japan reaching over $200million of retail sales this October, just two years after launch. Forevermark is now available from over 300 doors across these three launch markets, a 25 percent increase on the beginning of the year. The brand will see expansion, particularly across China with 5 new cities added this year and further locations planned for 2011. %% Also, growth plans have been announced for markets in Singapore, the Caribbean and Mexico through exclusive partnerships with retailers Lee Hwa Jewellers and Diamonds International respectively. In December, Forevermark will also launch in India with selected retail partners in Bangalore, to be followed by Mumbai, Delhi, Chennai, Hyderabad and Kolkata. %% Coninciding with market growth, the brand’s has an extensive portfolios of collections including: the Forevermark Setting™ and the Forevermark Encordia™ collection and the awaited launch of the Forevermark Encordia™ collection (a Limited Edition, necklace) at the end of this year.

Be the first to comment

Leave a comment

Email Alerts

WhatsApp Alerts