Indian federal agents said on Monday they had launched an investigation into billionaire jeweller Nirav Modi, one of the country's richest men, over accusations that he and others defrauded a state bank of $44 million.
The 52 countries of the Commonwealth are launching a first-of-its-kind fashion initiative to boost sustainability, partnerships and trade across the group, with the long-term aim of also promoting female empowerment.
US jewellery brand Kendra Scott has only been in London’s Selfridges for a few months but the label is making an impact and has scored a coup with its new collection winning a key spot in one of the store’s windows.
It was good news all the way from Swatch on Tuesday as the watch giant predicted "very positive" growth this year after a surge in 2017. Demand for Swiss watches rose and its affordable fashion watches recovered.
Petra Diamonds Ltd said on Monday it expects full-year core earnings to come in about 10 percent to 15 percent below consensus and cut its 2018 production forecast, sending its shares down 15 percent in early trading.
Dior presents "Dior à Versailles, pièces secretes," its latest high jewelry line celebrating the Versailles Palace, an endless source of inspiration for the French label since the first Christian Dior couture collection.