Piaget launches chapter two of the Solstice High Jewellery Collection

Piaget has launched the second instalment of its Solstice High Jewellery Collection, following the launch of the first chapter which was inspired by Haute Couture gowns. The collection comprises cocktail rings which include decorations that open to free the centre gem which can then be worn as a solitaire. To…

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Chancellor announces sweeping tax cuts in first mini-budget

Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as part of the new government’s first mini-budget. Setting out his aims for economic growth, Kwarteng said that he wants the economy to increase by 2.5% annually in the medium-term, through…

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Dior to launch Christmas mise-en-scène at Harrods

Dior has announced the launch of The Wonderful World of Dior, a Christmas-themed mise-en-scène at Harrods which will run from 10 November, 2022 until 3 January, 2023. To mark The Wonderful World of Dior, Dior Joaillerie will pre-launch pieces from its signature Bois de Rose and Rose Dior Couture collections,…

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Sheffield Assay Office achieves RJC recertification

The Sheffield Assay Office has announced that it has achieved re-certification to the Responsible Jewellery Council (RJC), marking Sheffield as the only UK Assay Office to be a certified member. The RJC now has over 1,600 members worldwide and is the world’s “leading” standard setting organisation for the jewellery and…

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BoE raises interest rates to 2.25%

The Bank of England has today (22 September) announced that interest rates will be raised by 0.5%, with rates rising from 1.75% to 2.25%. The latest announcement from the Monetary Policy Committee (MPC) comes as inflation remains at record highs for the UK, and marks the seventh consecutive rise in…

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Houlden conducts ‘record-breaking’ business at Autumn meeting

Houlden, a consortium of jewellers, has announced that “record-breaking” business has been achieved at its latest meeting, while the announcement of major new initiatives was a key highlight of the event. The Houlden Autumn Meeting took place in Windsor on September 8 and 9 when Houlden members were “united in…

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What will happen to luxury spending this winter?

Revenues in the jewellery industry have amounted to $4.03bn (£3.53bn) in 2022, with the market expected to grow annually by 5.6%, according to Statista. The global jewellery market size is expected to reach $518.9bn (£454.87bn) by 2030 and expand at a CAGR of 8.5% from 2022 to 2030, a report…

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John Hardy appoints first creative chairman

John Hardy has appointed Reed Krakoff, former chief artistic officer at Tiffany and Co, to the newly created role of creative chairman, as well as strategic advisor to L Catterton, John Hardy’s majority shareholder. In his new role, Krakoff will oversee the creative and artistic direction of the business with…

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Hallmarking rises 13.1% in August

The total number of hallmarked pieces during August rose by 13.1% to 886,746, up from 784, 078 from last year, according to the latest figures from the four UK Assay offices. However, the number of gold pieces fell slightly, down -0.3% from 365,664 to 364,652. Silver saw the only jump,…

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Queen’s death sees return of Platinum Jubilee Mark

The four Assay Offices of the UK have announced that the Platinum Jubilee Mark will be made available again from 20 September, following the death of Queen Elizabeth. The announcement comes after consultation with the King’s Assay master and the mark, which was created in celebration of the Queen’s Platinum…

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