Fashion
Ring Concierge opens in SoHo
Published
November 25, 2025
Ring Concierge, a luxury jeweler specializing in fine jewelry and bespoke bridal rings, has opened a new SoHo flagship, marking the brand’s first fully owned and operated location outside of its partnership with Leap.
The new 2,000-square-foot boutique, located at 435 W. Broadway, debuts the brand’s first dedicated engagement ring salon, offering bespoke designs and customization services for clients seeking a highly tailored experience.
In addition to bridal jewelry, the store features Ring Concierge’s full fine jewelry collection, blending engagement pieces with everyday styles designed to endure well beyond the wedding day. The opening comes as the brand celebrates 12 years of rapid growth and looks ahead to further expansion in 2026.
Founded by Nicole Wegman in 2013, the New York–based fine jewelry company has built a devoted global following by modernizing the diamond shopping experience with a focus on luxury craftsmanship, customization, and transparency.
The opening follows an investment from Webster Capital, received back in May. The investment was expected to support Ring Concierge’s future strategy and growth. Terms of the transaction were not disclosed.
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Fashion
India forms inter-ministerial group to assess export disruptions
According to a notice issued by the Ministry of Commerce and Industry, the newly formed group will track global developments that may disrupt production networks, logistics flows, and trade corridors. The initiative comes at a time when escalating conflicts, shipping route uncertainties, and volatility in energy and freight markets are beginning to influence sourcing decisions across the textile value chain.
India’s move to form an inter-ministerial group signals a proactive approach to managing export risks amid rising geopolitical uncertainty.
By closely monitoring supply chains, logistics routes and critical imports, the government aims to ensure faster policy responses and protect export competitiveness, particularly for sectors like textiles that are highly exposed to trade disruptions.
The inter-ministerial group will conduct sector-wise assessments to identify export vulnerabilities and potential disruptions in the supply of critical raw materials. For the textile industry, this includes monitoring inputs such as petrochemical derivatives used in synthetic fibres, dyes, and chemicals, as well as machinery components that are often sourced through complex global supply networks.
The group will also serve as a co-ordination platform among different ministries and government departments, enabling faster policy responses if disruptions escalate. Engagement with industry stakeholders, including Export Promotion Councils and trade bodies, will form an important part of this process. Through these consultations, the government aims to gather real-time feedback from exporters on logistical challenges, input shortages, freight cost pressures, and order uncertainties emerging from geopolitical tensions.
Alongside the inter-ministerial mechanism, DGFT has established an internal coordination framework to enable real-time tracking of trade-related developments. This system is intended to strengthen inter-agency communication and ensure that emerging issues affecting exporters are identified and addressed quickly.
For India’s textile and apparel sector, one of the country’s largest export industries with extensive global supply chain linkages, the monitoring initiative is particularly significant. Disruptions in maritime routes, fluctuations in petrochemical feedstock availability, and shifts in sourcing strategies among global brands could all influence export competitiveness in the coming months.
By establishing both an inter-ministerial monitoring group and an internal co-ordination mechanism, the government aims to improve preparedness and policy responsiveness as geopolitical uncertainties continue to reshape global trade dynamics.
The move reflects a broader effort to safeguard export growth while maintaining stability in critical supply chains that support India’s manufacturing and textile industries.
Fibre2Fashion News Desk (KUL)
Fashion
Special loan facility for Feb wages in Bangladesh’s export units
Due to falling exports, delayed purchase orders and liquidity crisis, production in many export-oriented units is getting affected. As a result, the ability to pay salaries and allowances to workers has reduced.
Bangladesh Bank recently issued a circular asking banks to introduce special loan facilities beyond the working capital loan limit to pay salaries of workers and employees for February in light of concerns in the export sector due to global and domestic economic pressures.
The loan amount cannot exceed the average salary and allowances component of the concerned enterprise in the last three months.
The loan amount cannot exceed the average salary and allowances component of the concerned enterprise in the last three months. The prevailing market-based interest rate will be applicable against the loan, while no additional interest, profit, fee or charge other than regular interest can be charged.
The loan must be repaid within a year with a grace period of three months, according to domestic media outlets. Industrial enterprises that export at least four-fifths of their total production will be considered export-oriented. The salary will go directly to the workers’ accounts, not through the company.
Fibre2Fashion News Desk (DS)
Fashion
Removing NTBs could boost trade with US: Bangladesh commerce minister
Addressing these issues would also facilitate Bangladesh’s greater access to US development assistance and financing programmes, he said after meeting US Assistant Secretary of State for South and Central Asian Affairs S Paul Kapur in Dhaka.
Cutting unnecessary complexities and eliminating selected non-tariff barriers could significantly boost US investment in Bangladesh and enhance the country’s appeal as a foreign investment destination, according to Commerce, Industry, and Textiles & Jute Minister Khandakar Abdul Muktadir.
Addressing these would also facilitate greater access to US development assistance and financing programmes, he said.
The meeting focused on strengthening bilateral trade ties, expanding investment into new sectors, improving digital infrastructure and deepening overall trade and investment cooperation.
Certain procedural and policy-related bottlenecks continue to affect the investment climate, the minister observed.
Fibre2Fashion News Desk (DS)
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