National News
GJS 2025 promoted at National Jewellers Meeting in Thrissur
GJC Chairman Rajesh Rokde and Vice Chairman Avinash Gupta actively promoted GJS 2025 at the prestigious National Jewellers Meeting in Thrissur. Engaging with corporate stalwarts and industry leaders, they highlighted the immense opportunities the show offers for businesses and professionals in the gems and jewelry sector. Their presence reinforced GJS 2025 as a must-attend event, fostering valuable discussions and collaborations within the industry.
The jewelry fraternity in Thrissur extended a warm welcome to Humara Apna Show, expressing enthusiasm and commitment toward its success. With Akshaya Tritiya approaching, the event is set to witness strong participation, further cementing its position as a premier platform for the trade. The interactions at the meeting have paved the way for greater industry engagement, ensuring that GJS 2025 becomes a milestone event for the jewelry community.
National News
Brilliant Earth Reports 10% Sales Growth, Warns of Profit Pressure from Rising Tariffs and Metal Costs
Brilliant Earth’s revenue rose 10% year-on-year to $110.3 million in the third quarter, surpassing its projected growth of 8% to 10%, driven by continued strong consumer demand. The number of orders climbed 17% to 49,910, while the net loss narrowed by 37% to $672,000, reflecting improved operational efficiency.
The US-based jeweller raised its 2025 sales growth forecast to 3%–4.5%, up from its earlier outlook of 2.5%–4%. However, the company now anticipates its full-year adjusted EBITDA margin to range between 2% and 3%, revised downward from the previous 3%–4%, as rising metal and tariff costs are expected to weigh on profitability.
Brilliant Earth noted that while brand strength and consumer appetite remain robust, fluctuating input costs continue to present near-term challenges, particularly heading into the fourth quarter and holiday season.
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