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KGK Group expects double digit revenue growth this fiscal

Gem and jewellery business KGK Group’s chairman Navrattan Kothari will be honoured with the Jewellery World Awards’ Lifetime Achievement Award for his contributions to the jewellery industry and philanthropy.

Navrattan Kothari to receive JWA's Lifetime Achievement Award

Intellasia East Asia News
11-Jan-2022 Intellasia |  Media OutReach |  1:30 PM
HONG KONG SAR - Media OutReach - 11 January 2022 - In recognition of his outstanding achievements in business, contributions to the gemstone and jewellery trade, and extensive philanthropic efforts, the organiser of the Jewellery World Awards (JWA) takes the great pleasure in announcing that the KGK Group Chairman Navrattan Kothari has been chosen as the 2021 recipient of the Jewellery World Awards' highest accolade – the Lifetime Achievement Award. Recipient of 2021 JWA Lifetime Achievement Award, Navrattan Kothari, Charmian of KGK Group
"Since the 1960s, Kothari has been working tirelessly, not just to elevate the KGK Group, but also to inspire excellence in the jewellery and gemstone trade through his roles in key industry organisations. A role model for the younger generation, he is a visionary whose business acumen is matched only by his passion for giving back to society," said Letitia Chow, Chairperson and Founder of JWA at Informa Markets Jewellery. Building on his family's existing gemstone trading business, Kothari transformed the enterprise when he spearheaded efforts to explore opportunities in manufacturing coloured stone and diamond jewellery in the '60s. This paved the way for KGK's subsequent growth into a global conglomerate that covers the entire spectrum of mining, sourcing, manufacturing, distributing and retailing diamonds and coloured stones. Kothari is also being lauded for his compassionate response in dealing with the recent COVID-19 crisis. Even as the pandemic dealt a blow on various industries, he made sure to retain the services of everyone in the Group's workforce. The businessman also allocated resources for feeding more than 70,000 people on the fringes of society and donated oxygen compressors to the Rajasthan state government. These fall in line with Kothari's long history of humanitarian work, which include the construction of Northern India's largest cancer hospital in 1997, the provision of educational assistance to more than 33,000 students in Rajasthan, and the fulfilment of the wishes of terminally ill children from around the globe. "I would like to sincerely thank the JWA for bestowing upon me such an honour. It truly encourages me, as well as members of the KGK team, to work harder towards reaching our goals and pursuing initiatives that could positively impact the business landscape, the environment and society as a whole. Rest assured that we will remain committed to developing sustainable practices and improving the lives of those in need," shared Kothari, who has also been a member of the managing committee of the Gems and Jewellery Export Promotion Council in India in the last 20 years; and founder of the Indian Institute of Gems and Jewellery in Jaipur, where he served as chairman for four years. JWA will officially present Kothari's award in the highly anticipated gala dinner, which will be held at JGT Dubai (Jewellery Gem Technology Dubai) on 21 February 2022. JGT Dubai is a joint premium exhibition by Informa Markets Jewellery – the world's largest B2B jewellery fairs organiser – and Italian Exhibition Group SpA (IEG). JWA 2021 is supported by Headline Partners Chow Tai Fook Jewellery Group, Shanghai Diamond Exchange, together with Honoured Partners KGK Group, and Guangdong Land (Shenzhen) Co Ltd.
#JewelleryWorldAwards #JWA

Jewellery World Awards names KGK Group Chairman as Recipient of Lifetime Achievement Award

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New Delhi [India], October 11 (ANI/NewsVoir): The KGK Group debuted in Angola by establishing a cutting-edge diamond manufacturing unit in Luanda in 2019. In continuation to its three years of operational success, now the group is proud to launch its new diamond manufacturing facility in Saurimo. The factory was inaugurated by His Excellency President Joao Lourenco, Honorable President of Angola in the presence of Minister Azevedo, industry peers and patrons. The government of Angola in order to further optimize the diamond industry of the region, developed world-class diamond hub that offers an array of rewards in the form of free trade zone in Saurimo, attracting global investors. In consideration of the same, KGK strong willingly decided to set up its second unit which proved to be the largest one in Southern Africa. “We are confident that this development will facilitate extensive employment opportunities, skills transfer, revenue growth and foreign investment. The training programmes initiated by the KGK Group to facilitate sustainable employment are an added advantage for the locals,” affirms Sandeep Kothari Managing Director, KGK Group. The Angola government led by Lourenco is focused on augmenting country’s economy promoting beneficiation initiatives. Sharing the vision with Mr. Lourenco and in light of the promising growth opportunities KGK invested US$10M to begin its second ultra-modern facility that is armed with advanced machines like Synova and Galaxy to name a few. The factory’s current installed capacity is 25000 carats per month and is all set to create 300 new jobs which is planned to go upto 800 workers. Speaking at the launch Sandeep Kothari further adds, “By adhering to the principle of collaborative growth, KGK Group has proved to be a forerunner in Angola. It has not only marked its ascension but has also laid the path for others to follow and succeed. Being aligned with our vision of expansion and global growth and abiding by our core values of trust, integrity, ethics and corporate responsibility, we have successfully nurtured ecosystem leading to lasting collaboration for all stakeholders in the country.”
The KGK Group, was founded by Shri Kesrimal Ji and Shri Ghisilal Ji Kothari of Jaipur (India) in 1905, with a humble task of trading gemstones between India and Burma. KGK today has a global presence across 17 countries and has evolved as one of the most preferred brands in the Gems & Jewellery industry. KGK has over the last century emerged as one of the few conglomerates covering the entire spectrum of mining, sourcing, manufacturing and distributing of coloured stones, diamonds and Jewellery. The KGK Group is a privately held global conglomerate that houses a truly international team of 15,000 professionals with operations offices across all its operations. This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
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KGK Group expands its footprint in Angola, further benefitting the region’s diamond industry

02/04/2021 | 05:12am EST
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HONG KONG, Feb. 4, 2021 /PRNewswire/ -- The 2021 Jewellery World Awards (JWA), formerly known as the JNA Awards, is now accepting entries via www.JWAwards.com . JWA launched three new categories to its roster - all of which were introduced to cover a wider scope of companies in the global jewellery and gemstone industry. Helmed by Informa Markets Jewellery, the world's largest B2B jewellery fairs organiser, JWA was founded in 2012 to promote innovation and excellence in the international jewellery and gemstone trade. Originally designed to celebrate achievements within the Asian region mainly, the award has grown tremendously over the years and now caters to the needs of more members of the global community. The 2021 JWA categories are:
Brand of the Year - Retail
Industry Innovation of the Year
Manufacturer of the Year
Outstanding Enterprise of the Year - EMEA & Americas
Outstanding ESG Performance of the Year
Outstanding Small Enterprise of the Year (50 full-time employees and below)
Young Entrepreneur of the Year (age 40 and below)
Lifetime Achievement Award (nominated by the organiser)
"To create an even more diverse and inclusive award programme, we have expanded the Outstanding Enterprise category to include the Americas, and added Outstanding Small Enterprise of the Year to the list. That way more companies from all over the world can be recognised for their outstanding achievements, regardless of the scale of their operations. Additionally, the new Outstanding ESG Performance of the Year category will highlight the importance of sustainability in every aspect of the business. We look forward to sharing more inspiring experiences and solutions from the industry at the 2021 JWA," shares Letitia Chow, Chairperson & Founder of Jewellery World Awards at Informa Markets Jewellery. All interested parties can now register on www.JWAwards.com to peruse the criteria for judging and submit entries till 20 April 2021, Tuesday. "Chow Tai Fook takes pride in being a Headline Partner for a decade, especially as the JWA marks a truly momentous milestone by taking on a new branding. We are privileged to witness the award programme's continuous pursuit of innovations and breakthroughs. We wish the event continues to succeed and propel positive change within the industry in the coming years," remarks Kent Wong, Managing Director of Chow Tai Fook Jewellery Group. Lin Qiang, President and Managing Director of Shanghai Diamond Exchange comments, "I am thrilled that the award has expanded globally after 10 years of rapid growth. The new JWA encourages the global trade by setting up the stage for more outstanding jewellery enterprises and entrepreneurs to demonstrate their brilliance, their tireless pursuit of excellence and innovations, and their unwavering perseverance." "The JWA enters its 10th year with a bigger global footprint and updated categories that highlight the jewellery and gemstone industry's increasing geographical scope. Enter and be part of the on-going focus on technology, enterprise, environment, social responsibility and good governance and have the chance to join a global platform of the best," adds James Courage, former Chief Executive Officer of Platinum Guild International who is one of the principal judges of the JWA. Albert Cheng, CEO of Singapore Bullion Market Association and also one of the principal judges of JWA shares, "The year 2020 may have been a very difficult year for many individuals and companies, but there are those who have proven themselves strong and resilient in the time of crisis. Aside from congratulating them, we also encourage them to share their stories on innovation, technological breakthroughs and other ideas that helped them weather the year that was." The 2021 JWA Ceremony and Gala Dinner will debut in a hybrid format during Jewellery and Gem WORLD Hong Kong fair in September, with the support of Headline Partners Chow Tai Fook Jewellery Group and Shanghai Diamond Exchange; alongside Honoured Partners KGK Group and Guangdong Land (Shenzhen) Ltd.
JNA, the flagship publication of Informa Markets Jewellery, continues to be the official media partner of JWA. Key JWA events will also be held during Asia's No. 1 mid-year fine jewellery sourcing destination, Jewellery & Gem ASIA Hong Kong (JGA) in June; and the industry's biggest and most influential B2B marketplace, Jewellery & Gem WORLD Hong Kong (JGW) in September. For more information, visit  http://www.JWAwards.com/  or contact:
JWA Marketing
1.1. Chow Tai Fook Jewellery Group Limited ( www.ctfjewellerygroup.com )
Chow Tai Fook Jewellery Group Limited (the "Group"; SEHK stock code: 1929) was listed on the Main Board of The Stock Exchange of Hong Kong in December 2011. The Group's vision is to become the most trusted jewellery group in the world. Founded in 1929, the Group's iconic brand "CHOW TAI FOOK" is widely recognised for its trustworthiness and authenticity, and is renowned for its product design, quality and value. A long-standing commitment to innovation and craftsmanship has contributed to the Group's success, along with that of its iconic retail brand, and has been embodied in its rich 90-year heritage. Underpinning this success are our long-held core values of "Sincerity - Eternity". The Group's differentiation strategy continues to make inroads into diverse customer segments by catering to a bespoke experience for different lifestyles and personalities, as well as customers' different life stages. Offering a wide variety of products, services and channels, the Group's brand portfolio comprises the CHOW TAI FOOK flagship brand, with curated retail experiences including ARTRIUM and JEWELRIA, and other individual brands including HEARTS ON FIRE, ENZO, SOINLOVE and MONOLOGUE. The Group's commitment to sustainable growth is anchored in its customer-centric focus and strategies, which are in place to promote long term innovation in business, in people and in culture. Another asset underpinning sustainable growth is a sophisticated and agile business model. This supports the Group by fostering excellence and extending opportunities along the entire value chain to communities and industry partners across the world. With an extensive retail network in Greater China, Japan, Korea, Southeast Asia and the United States, and a fast-growing e-commerce business, the Group is implementing effective online-to-offline ("O2O") strategies to succeed in today's omni-channel retail environment. 1.2. Shanghai Diamond Exchange ( www.cnsde.com )
Authorised by the State Council, the Shanghai Diamond Exchange (SDE) is the only diamond exchange body in China; and provides diamond dealers a fair and safe transaction venue under close supervision. It also enjoys a favourable taxation policy and is operated in accordance with international best practices of the diamond industry. Established in 2000, the SDE is a non-profit, self-regulating membership organisation and a member of the World Federation of Diamond Bourses. 2. About the Honoured Partners
2.1. KGK Group ( www.kgkgroup.com )
The KGK Group was founded in 1905 by Kesrimal Kothari and Ghisilal Kothari of Jaipur (India), to trade gemstones between India and Burma. With a global presence across 15 countries today, the privately held group has evolved into one of the most preferred brands in the gemstone and jewellery industry, with a vertically integrated operation. KGK is one of the few conglomerates covering the entire spectrum of mining, sourcing, manufacturing and distribution of coloured gemstones, diamonds and jewellery for over a century. KGK Group has a resilient team of 12,000 employees with operations and offices in Asia, North and South America, Europe and Africa. Having achieved an impeccable reputation in the gemstone, diamond and jewellery trade, the group has recently diversified into real estate. 2.2. Guangdong GD Land Group Limited ( www.gdland.com.hk )
Guangdong GD Land Group Limited (GD Land) is the largest conglomerate from the Guangdong province that holds operations outside of Mainland China. A subsidiary of GDH Limited, this integrated investment developer specialises in urban infrastructure and operates a number of strategic businesses. These include residential development, commercial real estate, urban renewal and industrial real estate, among others. Committed to the philosophy of "qualtiy comes first", GD Land has a number of upscale projects in the Greater Bay area, including Shenzhen GDH City, Guangzhou Panyu GD Land Plaza, Nansha GD Land Plaza, Panyu Riverside Garden, and GD Land Laurel House. 3. Informa Markets Jewellery ( www.informamarkets.com )
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our global jewellery vertical, Informa Markets Jewellery, offers in-person and web-based sourcing experiences, digital solutions and dedicated B2B platforms that bring international buyers and quality sellers together in the fine jewellery, gemstone, and fashion jewellery and accessories markets. Our resources, industry experience, influence and focus as a partner are enhanced by our global jewellery portfolio that includes the industry's No. 1 B2B jewellery marketplace - Jewellery & Gem WORLD Hong Kong; a powerful digital platform - JewelleryNet; a dedicated Jewellery Media team; an education-based programme - Jewellery & Gem Knowledge Community, and one of the industry's most prestigious awards programmes - the Jewellery World Awards (JWA). View original content to download multimedia: http://www.prnewswire.com/news-releases/2021-jewellery-world-awards-is-now-open-for-entries-301222081.html
SOURCE  Jewellery World Awards (JWA)
© PRNewswire 2021

2021 Jewellery World Awards is now open for entries

Xcel Brands engages in the acquisition, design, licensing, marketing, and retail sales of consumer brands incorporating an Omnichannel sales strategy inclusive of interactive media, digital and bricks and mortar retail. In 2011, the Company acquired designer apparel brand Isaac Mizrahi New York and an interest in the Liz Claiborne New York brand, quickly expanding into 100+ categories for the Isaac Mizrahi brand. The Company's executive management team possesses significant talent, experience and a proven track record of success to create and grow branded consumer products businesses.

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KGK Group is jewelry manufacturer that also mines and cuts colored gemstones and is also a direct buyer of rough diamonds. It involved in every step of the jewelry making process. It is based in Kowloon, Hong Kong.

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