Dubai: Jewellery retailers at Dubai’s Gold Souq are calling on their landlords to offer a six-month waiver on rents – until tourist shoppers return in strength...
A leading global diamond producer, Russia’s ALROSA, is reporting that its sales were down tenfold in one month alone, as the impact of Covid-19 ripples through...
The chairman of Swiss watch empire Richemont poured cold water on the luxury industry’s hopes of a quick rebound from the coronavirus, warning of “grave economic...
In response to the rising severity and impact of the COVID-19 outbreak, Dubai-based Malabar Gold and Diamonds jewellery retailer group has pledged to provide 2.5 million...
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