Goldiam International Limited receives export orders of Rs 20 crore
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09 july 2021 The pandemic has changed the scenario of the jewellery sector across the world with the onus being on brands and retailers to look at other trade channels besides the physical stores most popular, especially fine jewellery and high-end brands. This is.
09 july 2021
Natural and LGDs are two segments of the industry that will have to learn to coexist together
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Having now completed half a decade in the diamond jewelry exporting and wholesaling industry, Anmol Bhansali received formal training on Diamonds from GIA in addition to a lengthy training in jewelry wholesaling from the factories at Goldiam. He has joined Goldiam to spearhead the lab-grown diamond ventures (both in jewelry wholesaling and LG diamond growing) as well as E-commerce initiatives of the company, with a focus on profitable, margin-oriented businesses that favor the shareholders and investor community of the company. He has graduated with a Bachelors of Science, in Economics, Finance and Manage
Goldiam International reports 2X growth in PAT for Q3FY21
Posted On: 2021-02-11 11:27:09 (Time Zone: Arizona, USA)
Goldiam International Ltd (Goldiam), a reputable integrated manufacturer and supplier of impeccable diamond-jewellery to leading retailers and wholesalers in the USA and Europe, has announced its results for the quarter and nine months ended on 31st December 2020.
- Consolidated Revenue increased by 57% YoY due to pent up consumer demand. US witnessed a significant recovery in consumer spending post the COVID19 disruption. Jewellery stores in the US resorted to inventory restocking for Thanksgiving and the holiday season, which led to a surge in pent-up demand. Profit growth was further aided on account of consolidation of Eco-Friendly Dimanonds LLP in Q3FY21.
Goldiam International announced that post the acquisition of Eco-Friendly Diamonds LLP, a successful CVD diamond growing company, the Company has successfully beta tested and completed a soft launch for a B2B Ecommerce website catering to a new market segment within the US Retail
Jewelry industry.
With this, the Company hopes to create new avenues for a digital push and secure more business on more favorable payment terms and higher margin profile.
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