GJ Town India

  Promotes transparency... and corporate governance Alrosa won the Breakthrough of the Year award at the 28th annual Moscow Exchange Annual Reports Competition. This recognition underscores the company's high level of corporate governance and its commitment to improving reporting standards.    The company actively works to improve its disclosure practices, viewing the annual report as an important tool for ensuring transparency, trust, and accountability to investors, shareholders, and society. Alrosa's projects were also shortlisted in other key competition categories; 1: Best ESG Disclosure, 2: Best Presentation of the Company and Strategy, 3: Best ESG Report, 4: Best Annual Report of a Company with a Market Capitalization of Over RUB 200 billion.    The Moscow Exchange Annual Reports Competition is one of the most prestigious events in Russian corporate reporting. It has been held since 1998 and promotes transparency, sustainable development, and corpor...

  Jewellery leaders underlining CIBJO’s contribution to industry standards    The 2025 CIBJO Congress has opened at the Comet Auditorium in Paris, beginning the World Jewellery Confederation’s 100th year of operation, having been founded in the same city in 1926.    The more than 250 delegates attending the congress heard the industry leaders address the opening session underlining the importance of the organisation in safeguarding standards and protecting consumers in the global jewellery market. They were greeted by Gaetano Cavalieri, CIBJO President, and Bernadette Bernadette Pinet-Cuoq, executive President of the Union Française de la Bijouterie, Joaillerie, Orfèvrerie, des Pierres et des Perles (UFBJOP), the host of the congress.    Daniel Cambour, President of UFBJOP, spoke of the importance of embracing new technologies and the highest standards in the quest for excellence in jewellery creation, for which French artisans and brands are renowned....

  Shoplifting or theft events also increased 17% YoY: NRF Study   The retail industry continues to grapple with increasing levels of theft and violence, according to a new study released by the National Retail Federation [NRF] and the Loss Prevention Research Council and sponsored by Sensormatic Solutions.    The Impact of Theft & Violence 2025 found that retailers reported an 18% increase in the average number of shoplifting incidents per year in 2024 versus 2023 and threats or acts of violence during shoplifting or theft events increased 17% during that same time period, indicating that criminal enterprises are becoming more brazen and dangerous.    “Retailers are contending with rising levels of theft, fraud and violence, while continuing to refine security measures, utilize technologies and partner with law enforcement in efforts to curtail loss across the retail landscape.  “While some progress is apparent, organized theft groups h...

  Government’s blitz on business bureaucracy    Recently, Business Secretary-UK, Peter Kyle, has announced that the British Hallmarking Council (BHC) will be abolished and its functions consolidated alongside wider product regulation functions, as part of the government’s blitz on business bureaucracy.    Kyle said, “Where we identify regulators that are doubling up, stepping on each other’s toes, or out of touch with the realities of the modern economy, we will streamline them. Where their role is redundant, we will end them. Not ‘one-in, one-out’ but ‘no role, no regulator’. It’s as simple as that. As proof of my commitment, today I am announcing the abolition of the British Hallmarking Council, with its functions transferring into my department.”    It is understood there is no immediate impact to the Council’s operations. Commenting on the announcement, Will Evans, Director of the London Assay Office, one of the four UK Assay Offices responsible fo...

DMCC publishes, Special LGDs Report to advanced technology!    Recently DMCC published, the future of trade-Special lab-grown diamonds Edition , Beyond Jewellery: growth frontiers in LGD from luxury and fashion to advanced technology!    By introducing the report said, this report serves as the second in-depth thought leadership report from DMCC on the lab-grown diamond (LGD) industry. It has been prepared at a pivotal moment in the evolution of the industry. Lab-grown diamonds are no longer peripheral to the jewellery sector; they have entered the mainstream of consumer markets, redefined the economics of supply, and opened entirely new technological frontiers.    The purpose of this report is not only to document the growth of the LGD industry but also to examine its strategic implications for stakeholders across the value chain — from producers and traders, to retailers, technology companies, investors, and policymakers.  It comes fol...

  Production fostered 38%, 5.7 mn cts rough diamonds sold in 3Q 2025     In Q3 2025 production increased by 38% to 7.7 million carats, primarily driven by higher production from Jwaneng in Botswana, in anticipation of the extended plant maintenance downtime in the fourth quarter of 2025.   In Botswana, production increased by 51% to 6.0 million carats. In the comparative period there was one month of plant maintenance at Jwaneng, whereas the plant was fully operational in Q3 2025. In addition, given that extended plant maintenance is planned for the entirety of Q4 2025, higher grade ore was processed at Jwaneng in the third quarter. Orapa resumed operations after a planned extended plant maintenance shut in Q2 2025.   The 3Q report said, production in Namibia was flat at 0.5 million carats. In South Africa, production increased by 28% to 0.7 million carats, reflecting the processing of increased volumes of higher-grade underground ore.  Production in Cana...

  Legendary jewelry masterpieces will appear in Netflix’s Frankenstein   Tiffany & Co. announces a historic milestone for the House: its legendary jewelry masterpieces will appear in Netflix’s Frankenstein, the highly anticipated new film from Academy Award-winning filmmaker Guillermo del Toro, premiering at the 2025 Venice Film Festival.   For the first time, Tiffany & Co. is bringing together rare archival masterworks and contemporary high jewelry on the cinematic stage, an achievement made possible only through the unrivaled depth and breadth of The Tiffany Archives. This collaboration underscores the House’s nearly 200-year legacy of exceptional craft, artistry and storytelling, setting a new precedent for the role of jewelry in film.   Drawing from The Tiffany Archives—including storied jewelry, accessories and sterling silver objects—the film showcases breathtaking Tiffany & Co. designs that bring authenticity and depth to the narrative,...