Gemfields, which in Singapore held the sixth auction of rough rubies and corundum mine Montepuez (Montepuez) in Mozambique, has set a new sales record for its trading at $ 44.3 million, or an average of $ 29.21 per carat.
It is reported that, in total, the company managed to sell 1,516,459 carats of rubies of 1,601,145 carats of rubies offered for auction.
At the auction were offered raw rubies and high commercial quality, with both ennobled and neoblagorozhennye.
"We are pleased with the results of the sixth ruby auction Gemfields with mine Montepuez prices, which we have achieved, and a high percentage of products sold support the results of our analysis of market conditions, quality rubies from Mozambique and the growing demand for a variety of product markets various categories -. Said the chief executive Director Gemfields Herbotl Ian (Ian Harebottle) -. We are going to further develop colored gemstone sector and will soon launch a new global advertising campaign, dedicated to rubies from Mozambique. "
A total of up to five auctions of emeralds and rubies this year Gemfields managed to get $ 174.4 million.
At the moment, Gemfields has received $ 621 million from sales of rough emeralds from the largest operating emerald mine in the world Kagem (Kagem) in Zambia, and from the sale of rubies to Montepuez.
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The revenue of Pandora, which sells jewelry, increased by 37%, to $ 563.7 million in the third quarter of 2015, which ended on September 30.
Gross profit increased by 45% to $ 416.9 million, and net profit increased by 39%, to $ 145 million. Gross margin increased by four percentage points to 74%.
Sales of the company's rings increased 79% to $ 88.7 million, while sales of mascot pendants rose 36% to $ 349.9 million. Sales of silver and gold bracelets increased 9% to $ 60.1 million.
Pandora closed 116 retail stores in the Americas during the reporting period, mainly in the US, the company said in a statement. The total number of outlets in the Americas has been reduced by 212, or 6%, to 3,124, Compared with the third quarter of last year. Globally, the number of outlets decreased by 308, to 9533. The company said it was continuing to develop its own branded store chain and opened 19 new concept boutiques in the Americas.
"Strong growth in gross revenue continued in the third quarter of this year, and again all regions contributed to this growth, especially in Europe and the Asia-Pacific region." Both developed and emerging markets continued to show positive momentum. The US was slightly lower than in the previous quarters, primarily due to changes in the promotion strategy in the region for the further development of our brand, "said Anders Colding Friis, CEO of Pandora.
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