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Apr- 2022 -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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8 AprilProduct Launches
VRAI launches Blossom collection
Vrai has launched its Blossom collection comprising necklaces and studs to celebrate spring. The Vrai Blossom necklace features five sustainably-created marquise diamonds which form a spring flower in bloom, which match the Blossom Studs to create a matching jewellery for a “spring look”. The pieces are available in 14k recycled…
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7 AprilDesigners
York jewellery designer Kay Bradley unveils Farbergé partnership
Jeweller Kay Bradley has unveiled the Fabergé Yorkshire Rose Egg Surprise Locket, designed in collaboration with the iconic jewellery house, at a showcase event to launch Fabergé’s arrival at her York store. York hosted a gala at Castle Howard to reveal the Fabergé 18k gold Yorkshire Rose egg pendant and…
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7 AprilRetailers
Tiffany & Co to open brand exhibition in London
Tiffany and Co has announced it will launch the next chapter of its ‘Vision and Virtuosity’ exhibition in the Saatchi Gallery, bringing over 400 objects from the House’s archives to London from 10 June to 19 August 2022. Marking the jeweller’s 150th anniversary in London, the exhibition will take visitors…
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6 AprilFeatures
Start small with sustainability
There can be no doubt that the world is under enormous environmental and social pressure, and we all need to act now to reduce our collective impact and protect the planet for future generations. I believe this change will come if we each take personal responsibility for our actions and…
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6 AprilRetailers
Royal Mint debuts into jewellery market with unisex collection
The Royal Mint’s newly launched lifestyle brand, 886, has unveiled its debut line of in-house fine jewellery with a unisex collection which uses gold recovered from electronic waste. Designed by creative director Dominic Jones, the debut collection features classic hoop earrings, T-bar chains, bands, studs, traditional signet rings and cuffs.…
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6 AprilDesigners
Motley to cease trading
Jewellery design platform Motley, which focused on selling and promoting independent jewellery, has announced it will cease operating. The news was announced by co-owners Cecily Motley and Ilana Lever in an open letter, who said that “the small margins and punishing payment terms which retailers work to meant we would…
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5 AprilEconomy
Retail footfall drops 22.9% across UK
Footfall fell by 22.9% compared to 2019 in the non-food sector across the UK, although footfall is up 9.9% compared to the previous month due to “unseasonably warm weather”. According to Ipsos Retail Performance, the retail sector performed the strongest at -14.9% compared to pre-Covid levels, while footfall on the…
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