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May- 2022 -11 MayNews
Coll Sign: It’s all in the name!
When Glasgow jewellery business boss Steven Coll decided to source new client gifts, he turned to one of the remotest Hebridean islands off the coast of Scotland for inspiration. And in a unique tie-up Steven’s family-owned Tom Coll Jewellery struck a deal with the Isle of Coll Distillery to produce…
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10 MayEconomy
Cost of living crisis begins to hamper consumer spending
Spending on essential items dropped to 18.1% in April, compared to 17.4% in March, as inflation and rising living costs are starting to impact the retail sector. Research from Barclaycard found this was largely due to spending on fuel falling from a record 26.1% increase last month to 23% in…
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10 MayNews
RapNet bans Russian diamonds
RapNet, the diamond trading network, has banned Russian diamonds from its platform amid the country’s ongoing attack on Ukraine. According to Rapaport, the ban applies to all diamonds sourced from Russia after 24 February 2022, and it includes polished diamonds manufactured outside of Russia from Russian rough diamonds. All in…
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9 MayRetailers
Steven Stone Jewellers opens new flagship showroom in Manchester
Steven Stone Jewellers has opened the doors of a luxury showroom in the heart of Manchester city centre, aiming to offer a “collaborative environment for designers and customers to create bespoke pieces together”. Located on the third floor in St John’s Court, Quay Street, the showroom has been under construction…
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9 MayNews
Nivoda launches new website amid rebrand
Nivoda, the online diamond marketplace, has announced a rebrand of the business, including the launch of a new website to celebrate its fifth anniversary. The new website will include an updated design and improved user experience. The company also revealed it will be adding gemstones to the platform later this…
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6 MayEconomy
Footfall drops again in April
Footfall in UK retail destinations dipped once again in April 2022, falling to -15.9%, down from a decline of -15.3% in March 2022, according to the latest figures from Springboard. It said that the month was “salvaged” by Easter in the second week, when footfall rose by +9.1% from the…
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6 MayRetailers
Rebekah Ann Jewellery launches Brighton Jewellery Collective
Rebekah Ann Jewellery has announced the launch of its new sustainable and eco-conscious jewellery workshop, the Brighton Jewellery Collective, which will open in June. The new workshop will be designed using as much recycled, reclaimed, and repurposed materials, furniture, and equipment as possible. Moving on from the current workshop, the…
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5 MayDesigners
De Beers partners with Tracr blockchain platform
De Beers Group has announced it is deploying the Tracr blockchain platform at scale for its diamond production. The group said the introduction of Tracr at scale “delivers immutable information on the source of De Beers’ diamonds across the value chain and makes source assurance for 100% of De Beers’…
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5 MayRetailers
CME unveils new daisy earring collection
CME has launched its new daisy-inspired earring collection comprising sterling silver pieces featuring a classic two tone daisy. The collection consists of three designs available as “huggie hoops”. The first design features a classic single daisy design adoring the huggie hoop or ring, and the second design presents a single…
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5 MayNews
BoE raises interest rates to highest level since 2009
The bank of England (BoE) has raised interest rates to its highest level since 2009 – marking the fourth time it has taken action since December. The new rate of 1%, up from 0.75%, is the BoE’s latest attempt to curb the rampant rise in inflation – also at its…
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