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Mar- 2022 -9 MarchRetailers
Rough diamond sales to reach £494m, De Beers says
The De Beers Group has announced the provisional value of rough diamond sales (Global Sightholder Sales and Auctions) has reached $650m (£494m) for the second sales cycle of 2022. De Beers said this represents the expected sales value for the period 21 February to 8 March and remains subject to…
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9 MarchManufacturers
Petra Diamonds Tender 4 sales hit $140.6m
Petra Diamonds Limited has announced its Tender 4 sales hit $140.6m (£106.89m) in FY22, following the sale of 735,222 carats. The announcement comes as the group reported its YTD sales reached $405.3m (£308.12m), while full year sales in FY21 were $406.9m (£309.34m), with further tenders for FY22 due to be…
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8 MarchRetailers
Flinn and Steel on track for £750,000 turnover
Sheffield Steel and Titanium wedding ring brand, Flinn and Steel, has announced it is on track to turnover more than £750,000 in its third year in business. It was launched in a shed on the edge of Sheffield at the start of the pandemic by Ollie Allen and Jess Flinn,…
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8 MarchCurrent Affairs
Richemont suspends operations in Russia
Richemont has announced that it has suspended all commercial activities in Russia, following its prior announcement of stopping operations in Ukraine on 24 February. The company said it is in close contact with its people on the ground and ensuring they receive financial, logistic and moral support. Richemont has also…
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7 MarchSponsored
Vicenzaoro to feature VO’ Clock Privé for watchmakers
The 2022 edition of Vicenzaoro (17 – 21 March 2022), organised by IEG – Italian Exhibition Group, will include ample space for the world of contemporary watchmaking with VO’ Clock Privé, an opportunity for top watchmaking companies, watch enthusiasts and experts, as well as the specialist media to gather. Some…
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7 MarchManufacturers
Alrosa steps down from Responsible Jewellery Council board
The Responsible Jewellery Council (RJC) has announced that Alrosa has voluntarily stepped down from its position as vice-chair, temporarily leaving the board of directors. The decision was communicated to the RJC board of directors during the meeting on March 3rd. The RJC said Alrosa “stays committed” to the RJC’s standards…
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7 MarchNews
Bira announces launch of Nertoo online trading platform
The British Independent Retailers Association (Bira) has announced the official public launch of its new online trading site Neartoo. The website, which launches on Monday 7 March, is designed to “help stores in hard hit High Streets recover from the pandemic”. The platform allows shoppers to find out what they…
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4 MarchEvents
Birmingham jewellery school wins top honour at Goldsmiths Awards
Birmingham City University’s historic jewellery school has won the College Trophy at the Goldsmiths Craft and Design Council Awards 2022, recognising the institution with the “highest number of awards gained across the categories presented at the ceremony”. The School of Jewellery, which has been situated in Birmingham’s Jewellery Quarter since…
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4 MarchRetailers
Vrai unveils Divine Solitaires collection
Sustainable fine jewellery brand, Vrai, has announced the launch of its ‘Divine Solitaires’ collection which consist of three diamond shapes, each cut and polished from a 30 carat of rough diamond. The first necklace from Divine Solitaires, the ‘Solitaire Cross’, was introduced in November 2021. The piece was auctioned for…
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3 MarchCurrent Affairs
Gold prices spike amid Russian invasion of Ukraine
Prices of gold have reportedly surged to the highest level in more than a year in the hours after the Russian invasion of Ukraine on 24 February 2022, which the National Association of Jewellers (NAJ) said benefits from its appeal as a “safe haven” to investors. Bullion prices also rose…
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