GJ Town India

Fiscal 2024 guidance reflects confidence!   Recently, Signet Jewelers announced its results for the 13 weeks and 52 weeks (Fiscal 2023) ended January 28, 2023.    "Thank you to our team for their dedication, agility, and excellent execution. We delivered on our three key priorities of growing market share, achieving an annual double-digit non-GAAP operating margin, and leveraging capital allocation to drive shareholder returns despite headwinds and volatility throughout the year," said Signet Chief Executive Officer Virginia C. Drosos. "    As we turn to FY24, we are confident in the sustainable competitive advantages we've built and our ability to leverage our enhanced infrastructure and scale to grow ahead of the jewelry industry. "Our Fiscal 2024 guidance reflects confidence in our ability to deliver an annual double-digit non-GAAP operating margin despite a jewelry retail environment that we estimate will decline mid-single digits through the year,"...

Success at every level of the gem and jewellery industry A foundation in diamonds, coloured stones and jewellery is critical to success at every level of the gem and jewellery industry. The Applied Jewelry Professional™ Intensive – Remote Learning course offers fundamental knowledge in diamonds, coloured stones and jewellery and is a great way to learn skills for success from the front lines of the jewellery industry – the sales counter.   GIA’s Applied Jewelry Professional Intensive programme will present topics including jewellery designs, setting styles, jewellery care and other content that will support your product knowledge and provide excellent service to customers. This course also covers about the GIA clarity grading system.   To Know More: https://bit.ly/2SBsjKA  

  Now all eye on jewellery buying at Diwali days!   Over all Covid-19 pulled down Dusshera 2020 jewellery sales! Looking at the report from pan India where some of the zones have registered just 37% of jewellery sales compare to the previous year, Dusshera while western part of India attained around 65% of jewellery sales compared with the Dusshera 2019. Over all pan India Dusshera jewellery sales estimated of about 50% to the previous year Dusshera 2019! In the row, Aditya Pethe, Director, WHP Jewellers said, “The Dusshera has started well. So far it is very encouraging. Consumers are betting more on gold Jewellery as compared to light weight Jewellery. Surprisingly the sales have been very good and we expect till the end of the day we may do sales just like last year.” On the other hand, Ishu Datwani, Founder, Anmol expressed that, “There have been few sales and clients since morning.  Today being a Sunday we expect clients to come post 3 to 4 pm. The trend of the las...