Pure Gold 'sparkles' up diamonds sales with 225pc
One jeweler in Dubai claims 2005 his best year. "We had in increase of 225 percent in wholesale diamond sales." Read on:
Don’t they have a lot of oil? Why are they dealing in wholesale diamonds? Read the full article here.
Pure Gold, a key player in the Dubai jeweller market, has increased its diamond sales in 2005 by 225 per cent, compared to results in the first half sales of 2004, prompting the launch of low-priced 18 karat diamond collection, Pure Sparkle.
According to a recent survey of consumers conducted by Pure Gold, value-based brands appeal to a burgeoning yet untapped market segment comprising of price conscious yet acutely fashionable professional women.
"With the Pure Sparkle collection we want to move away from the 'inaccessible luxury' stigma often tied to diamonds. We want to make diamond jewellery available to women of all walks of life," said Pure Gold Chairman, Firoz Merchant. "Glamorous diamonds have become more fashionable among younger women, who until recently preferred discreet silver and white gold," he observed.
Featured exclusively at Pure Gold's 25 plus stores around the UAE, the Pure Sparkle brand offers delicately crafted, rings, ear rings and pendants of 18 karat diamond jewellery in yellow and white gold.
Don’t they have a lot of oil? Why are they dealing in wholesale diamonds? Read the full article here.
