Nivoda secures $60m funding to support global jewellers

Nivoda, a leading online marketplace connecting jewellers with diamond and gemstone suppliers, has announced a significant $60 million financing deal with i80 Group, aimed at bridging working capital gaps in the jewellery industry. This funding will enhance flexible credit options for retailers, offering payment terms of 30 to 90 days, as the sector faces liquidity challenges exacerbated by traditional lenders’ withdrawal. With triple-digit annual growth since its inception in 2017 and a global network of over 10,000 retailers, Nivoda continues to revolutionise the diamond trade, providing essential support for inventory management and bespoke orders.

Nomos unveils vibrant new Worldtimer watches at annual forum

Nomos Glashütte has launched its striking Club Sport Neomatik Worldtimer editions at the Nomos Forum, introducing three limited models—Grid, Trace, and Vector—that draw inspiration from cyberpunk aesthetics. Each of the 175 pieces is priced at $5,190 and features a self-winding DUW 3202 movement with a 42-hour power reserve. With their bold designs and vibrant dials, these timepieces mark a significant departure from Nomos’s previous offerings, aiming to attract a new customer base and spark interest in the brand’s evolving design philosophy.

Hamilton ventures into gaming with Call of Duty watch collaboration

Hamilton, the watchmaker synonymous with the cinematic world, is branching into gaming with a partnership with the iconic Call of Duty franchise. This collaboration introduces the limited-edition Khaki Field Automatic 38mm watch, set to feature in the upcoming Call of Duty: Black Ops 7. The timepiece, designed for the character Axel Vermaak, embodies tactical aesthetics, enhancing the player experience by bridging the gap between virtual and physical worlds. As Hamilton positions itself as “the watchmaker of game makers,” the brand aims to redefine storytelling within interactive experiences, appealing to a younger audience while maintaining its cinematic roots. With only 5,000 units available, this collaboration marks an exciting chapter in Hamilton’s journey into the evolving landscape of gaming.

RBI eases gold loans for jewellers to boost liquidity and competitiveness

The Reserve Bank of India is set to revise its gold metal loan policies, aiming to bolster the struggling jewellery sector. By extending the loan tenor from 180 to 270 days and expanding eligibility to non-manufacturers, the RBI seeks to enhance liquidity and competitiveness amid rising gold prices and tariffs impacting exports. This move could significantly alleviate financial pressures on domestic manufacturers and improve credit flow, potentially mirroring successful financing models seen in markets like Dubai and Turkey. Industry leaders are optimistic that these reforms will foster a more robust financing system for India’s jewellers.

Jewellery with personality: the story behind The Wearer boutique

The Wearer, a boutique jewellery brand celebrating a decade of unique craftsmanship, prioritises local artisans and ethical sourcing. Founded on a passion for distinctive pieces, the boutique offers wearable art that enhances personal expression while maintaining affordability. As it marks this anniversary, The Wearer will launch a captivating capsule collection, blending refreshed vintage designs with contemporary styles, further solidifying its commitment to sustainable practices and individual storytelling through jewellery.

Organised players set to dominate Indian jewellery market by 2030

The Indian gold jewellery market is on an upward trajectory, poised to escalate from $48 billion in FY2018 to an estimated $90 billion by FY2025, driven largely by weddings and demographic shifts. A recent Nomura report forecasts that organised players will capture a significant 45% market share by FY2030, outperforming the broader market with a growth rate of 14%. With innovative offerings responding to high gold prices and untapped potential in e-commerce and smaller cities, the organised sector is well-positioned to thrive amidst rising consumer demand and evolving purchasing patterns.

Organised gold jewellery sector in India poised for rapid growth by FY30

The Indian gold jewellery market is set for a paradigm shift, with organised players anticipated to capture 45% of the market share by FY30. Recent analysis highlights a surge in the industry, projected to grow from $48 billion in FY2018 to $90 billion by FY2025, driven by cultural affinities and an expanding income base. While high gold prices pose challenges, innovative strategies and e-commerce expansions are paving the way for growth, particularly in Tier 2-4 markets, as demand across demographics remains strong.

Organised jewellery market in India set for significant growth by FY30

Organised players in India’s jewellery market are set to capture a dominating 45% market share by fiscal year 2030, as revealed in a new report by Nomura. The country’s jewellery market is on a robust path, expected to surge from $90 billion in FY2025 to $150 billion by FY2033. Driven largely by wedding demand and a rising marriageable population, organised businesses are growing 1.5 times faster than their unorganised counterparts, adapting to high gold prices through innovative solutions and a push into e-commerce. As the landscape evolves, these players are poised to capitalise on changing consumer behaviours and increasing disposable incomes.

Organised players set to capture 45 per cent of Indian gold jewellery market by 2030

Organised players in India’s gold jewellery market are predicted to capture 45% of market share by FY30, reflecting a substantial growth trend fueled by the sector’s expansion from $48 billion to an estimated $90 billion by 2025. A new analysis highlights that weddings drive 50-55% of demand, while organised retailers benefit from regulatory support and enhanced consumer trust. E-commerce initiatives, coupled with innovative strategies, are enabling these players to outpace the industry, particularly in underserved regions. As the nation’s middle class grows, the jewellery market is poised for sustained growth, ensuring a bright future for organised stakeholders amidst evolving consumer preferences.

Organised players in Indian jewellery industry poised for significant growth by FY30

Organised players in India’s gold jewellery market are set to capture a remarkable 45% market share by 2030, driven by robust growth that is 1.5 times faster than the industry average. With weddings fueling 50-55% of demand, the sector is poised to expand from $90 billion to a projected $150 billion by 2033. Innovations in e-commerce and consumer trust through transparency are key factors propelling this growth, as businesses adapt to changing consumer preferences and rising gold prices.

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