The sleek design is available in minimalist 18-carat gold and white diamonds, or there’s a bolder assertion piece with lapis lazuli, pink opal, malachite or black mother-of-pearl. Zoya entered the state of Gujarat by opening its first store at Palladium mall, Ahmedabad in the course of the quarter. With this expansion, the area of interest luxurious jewelry brand is now present in eight stores unfold throughout the cities of Mumbai, New Delhi, Bengaluru, Gurgaon, Hyderabad, and Ahmedabad. Sales of precious steel jewelry and not using a gemstone declined by six per cent on a year-on-year comparability, whereas silver and various metals decreased by 17 per cent. Surging gold prices in India are main some individuals to change their gold jewelry for brand spanking new pieces, particularly in the course of the wedding ceremony season.
The jewelry company reiterated that the assertion of Material Adverse Effect due to COVID-19 has “no factual, contractual or legal support”. It also refuted claims that it had mismanaged the crisis, stating that retailer closures have been “entirely consistent with its authorized obligations” and done to protect the security of staff and customers. Additionally, lower than 10 per cent of watches and jewellery income is from …