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Apr- 2022 -14 AprilRetailers
H&T launches non-profit jewellery range
H&T has launched a new range of jewellery where 100% of the profits will be donated to FareShare in order to help tackle the fight against hunger and food waste. The jewellery comprises brand-new necklaces and bracelets, including a 9ct gold ‘hope’ necklace in a heart shape design. It comes…
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13 AprilRetailers
Number of hallmarked pieces reaches 11-year high in Q1
The total number of pieces hallmarked in 2022 Q1 is the highest in 11 years, with total pieces climbing 109.1% to 2,597,104 total pieces from 1,242,326 seen in the same period in 2021, according to the latest figures from the Birmingham Assay office. It comes after the total number of…
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13 AprilRetailers
LVMH Q1 revenues surge 29% to £11.62bn
The LVMH Group has recorded a 29% year-on-year surge in revenues from €13.95bn (£11.62bn) to €18bn (£14.99bn) in the first quarter of 2022 (Q1 FY22), and a 23% rise in organic revenue. LVMH said this was achieved against a backdrop of continued disruption from the health crisis and marked by…
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12 AprilRetailers
Christie’s presents red cross diamond charity sale
Christie’s has announced that The red cross diamond is up for sale,with part of the sale revenue to be donated to the international committee of the Red Cross. The jewel is a yellow, cushion-shaped diamond of 205.07 carats and marks only the third time in over 100 years that Christie’s…
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12 AprilEvents
Inhorgenta Munich’s international attendance surges 40%
Inhorgenta Munich has reported “strong” and international participation in a “challenging” time as 17,285 visitors from 79 countries attended the latest show, with international visitors growing to 40%. Overall, the event, which took place from 8 April to 11 April 2022, saw 732 exhibitors from 33 countries, remaining stable at…
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12 AprilNews
Olivia Burton launches SS22 Sparkle Butterfly Campaign
Olivia Burton is the British accessories brand founded in 2012 which is a celebration of originality and dedication. The brand’s design team look to vintage styles, fashion trends and all things nature for inspiration. Renowned for designing collectable pieces that tell a story, the Spring Summer 2022 Sparkle Butterfly collection…
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11 AprilRetailers
Boodles unveils new ‘Travel’ collection
Boodles has announced the launch of its new ‘Travel’ collection, inspired by former chairman Anthony Wainwright’s travels in 1962. The collection focuses on Wainwright’s journey when he visited 10 cities across the world over 16 days, buying diamonds, pearls and precious gemstones. Boodles said that the collection will include “a…
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11 AprilEconomy
UK GDP slows to 0.1% in February
Gross domestic product (GDP) slowed in the UK as the economy only saw 0.1% growth in February, down from a growth rate of 0.8% in January. According to the Office for National Statistics (ONS), services grew by 0.2% and was the main contributor to February’s growth in GDP, although this…
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11 AprilManufacturers
Titan sales drop amid rise in gold prices and geo-political uncertainty
The Titan Company revealed sales for its jewellery segment dropped 4% year-on-year in the fourth quarter (Q4) of FY22 amid the “sharp” rise in gold prices and sentiment impact following the external geo-political conflict from Russia. The plain jewellery category reportedly “bore the brunt” of gold volatility in March 2022,…
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8 AprilNews
Gemfields establishes plans to support online gemstone marketplace
Gemfields has announced the establishment of Gemdustry Limited as an industry-owned vehicle to back GemCloud, a technology gateway that the company said “has the potential to play a central role in shaping the future of the coloured gemstone sector”. As a result of the establishment of Gemdustry, GemCloud Group gets…
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