Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Shree Ganesh's 1Q Sales +17%

23 august 2012

Shree Ganesh Jewellery House Limited (SGJHL) reported that group sales rose 17 percent year on year to $541.3 million (INR 29.96 billion) during its first fiscal-quarter that ended on June 30, 2012. Net profits increased 14 percent to $16.8 million (INR 928.2 million), Rapaport reports.
Group expenditures rose 18 percent year on year to $523.6 million (INR 28.97 billion) during the quarter.
Kolkata-based SGJHL makes gold jewelry, diamond jewelry, gemstone-studded jewelry and light-weight Italian jewelry and operates the GAJA retail outlets. The company derives the majority of its sales from overseas markets such as the United Arab Emirates (UAE,) Singapore and Hong Kong.