The Harmonized System of Coding also known as Harmonized Commodity Description and Coding System (HS or HS Codes) is an internationally accepted ans standardized system for naming, numbering and classifying traded products. The harmonized system of coding was developed and also maintained by the World Customs Organization (WCO). The WCO is an intergovermantal organization based with headquarters in Brussels, […]
Author Archives: Dr Shihaan Larif
The Paris based luxury giant LVMH (Moët Hennessy Louis Vuitton) reported a fall of 13% in their watch and jewelry sales in 2009. Watches and jewelry sales were down to 764 million euros (Approximately $ 1.04 billion) from 879 million euros (approximately $1.2 billion) in 2008. However the company noted that there was some improvement […]
Supermodel Cindy Crawford J. C. Penny Company inc. has announced that the well known supermodel Cindy Crawford is to launch a new fine jewelry brand exclusively with J. C. Penny. The One Kiss collection by Cindy Crawford will launch 45 pieces of rings, bracelets, earrings and necklaces. The pieces which will be made from sterling […]
TanzaniteOne, a gemstone mining group has announced that it is expecting to make profits after the improvement in the market for tanzanite gemstones in 2009. Sales were down in early 2009 due to the global financial crisis. The company sold US$ 26.9 million in 2008. The total sale of gemstones for the year 2009 was […]
Hasitha Tillekeratne, the Chairman of the National Gem and Jewellery Authority (NGJA), presented the 100th lot of pure silver (Purity-999) to the S. M. E (Small and Medium scale jewellery manufacturers at a concessionary cost on the 21st of January 2010. The presentation ceremony was held at the auditorium of the National Gem and Jewellery […]
The 5 new companies to sign up as tenants in the International Gem Tower, New York when completed include Malca-Amit, Dalumi Diamonds, Sahr Atid Diamonds, Yerushalmi Bros. Diamonds and Yondor Diamonds Ltd. Malca-Amit is a logistic services company for the gem and jewelry industry worldwide while the other four companies are Israeli based diamond firms. […]
According to Bloomberg, there has been a 45% increase in the exports of diamonds and jewelry from India in December 2009, compared to December 2008. According to the Gem and Jewellery Export Promotion Council (GJEPC), the income from exports was US$1.89 billion, up from US$ 1.3 billion during the same period an year earlier. The […]
Megg Galligan, 25 is a jewelry designer from Boston as well as a Google employee. How did that combination come about? She was hired two years ago by Google to spend her weekdays helping the Boston area advertising firms to place advertistments for their clients on Google. She spent her weekends and nights making jewellery. […]
The 7th Jaipur Jewellery Show JJS 2009 was held from the 19th to 22nd of December 2009. many jewellery exporters from Sri Lanka participated in the Sri Lanka Pavilion of the Jaipur Jewellery Show 2009. The Sri Lanka pavilion was organized by the National Gem and Jewellery Authority (NGJA). The Jaipur Jewellery Show is the […]
Retail sales in certain sectors have shown improvement year over year during the holiday seas. This was made public according to a survey report by MasterCard Advisor’s SpendingPulse. During the period of the survey from Nov 1st through Dec 12th sales have improved in some key sectors such as jewelry, e Commerce, electronics men’s apparel […]