Astrid remains an lively a part of the Norwegian royal family, attending gala dinners and sporting fabulous tiaras—all of which have links to her bejeweled royal ancestors from generations previous. Cartier’s parent Richemont and different western jewellery companies Jewelery News working in India contacted by BoF didn’t immediately reply to requests for remark. At the same time, some of the country’s largest incumbent manufacturers are additionally elevating the stakes.

• The decline was mainly due to a slowdown in demand in key markets and supply constraints of diamonds.
• This got here three years after Bevilles entered voluntary administration in April 2014,