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On 13 July 2020, the I.T. Department raided Amrapali Jewels and its owner Rajiv Arora, who is a close aide of Congress CM, Ashok Gehlot and Vice President of the Rajasthan Pradesh Congress Committee [17] for tax evasion at various locations, including Mumbai and Delhi.
As of 2022, the global jewelry market was valued at approximately $270 billion and is projected to grow to over $330 billion by 2026. In 2022, the leading countries in the jewelry and watch market revenue were China, India, and the United States. [88] The global jewellery market was valued at USD 278.5 billion in 2018.
A month later it was announced that Signet Jewelers Ltd. agreed to buy R2Net, owner of online jewellery retailer James Allen, for $328 million. [12] [13] [14] The company announced the sale of its revolving credit portfolio to Alliance Data Systems and Genesis Financial Solutions that same year. [15] [16]
Shane Company or Shane Co. is the largest privately owned jeweler in the United States. [1] The company is a direct diamond, ruby, and sapphire importer that operates 20 retail stores across the US, as well as their website, ShaneCo.com.
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During the Princess's official 1983 visit to Australia, the Queen loaned a pair of pearl drop earrings which had been made by Garrard. The earrings which are set in a modern gold setting were made from stones from the Queen's collection. The earrings were loaned frequently by the Queen to Diana. [2] [page needed]
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