Andrew Berry Jewellery named Best of Welsh Business Awards finalist

Andrew Berry Jewellery and At The Bench are celebrating being named as finalists in the Best of Welsh Business Awards 2022. They are finalists in the following six categories: Best Jeweller; Best Business Specialist; The Brilliance Award; Business Professional of the Year; Businessman of the Year and Businesswoman of the…

Read More »

Graff launches ‘Wild Flower’ collection

Graff, the multinational jeweller based in London, has announced the launch of its new ‘Wild Flower’ collection, in tribute to the English Garden and “modern femininity”. The diamond collection comprises earrings, necklace and rings made with floral jewels, and it includes four styles of flowers in different sizes and arrangements,…

Read More »

Christie’s jewellery auction reports ‘record’ participation

Christie’s first jewellery auction of 2022, Jewels Online, which ran between 24 January and 9 February achieved a total of $5,183,500 (£3,816,481), with 131% hammer above low estimate and 96% sold by lot.  According to the auction house, the sale received “record” participation with the highest number of bidders for any…

Read More »

Petra Diamonds appoints independent non-executive director

Petra Diamonds Limited has appointed Jon Dudas as an independent non-executive director of the company, effective 1 March 2022. Dudas is currently chairman of Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, which he joined in 2020. Prior to this, he was an independent non-executive director and chairman of the National Atomic Company…

Read More »

DMR presents new ‘Love Lines’ collection

DMR Jewellery has introduced the new addition to its Valentine’s collection with the launch of its diamond ‘Love Lines’ collection. The collection comprises seven individual pieces of jewellery, including earrings, neckwear and wristwear. Two new styles of earrings have been launched to represent Cupid’s arrow, and customers are able to…

Read More »

Consumer spending slows in January

Consumer card spending rose by only 7.4% in January compared to the same period in 2020, marking the smallest uplift since April 2021, as spending was dampened by ongoing Plan B restrictions, inflation, and rising energy costs. Data from Barclaycard found that spending on essential items grew by 10.4%, the…

Read More »

Alrosa boosts its sales performance

Alrosa has announced its project to boost its sales division’s performance has resulted in the company reducing the amount of diamonds in the work-in-progress inventory by 4.3 million carats by the end of 2021, freeing up rough diamonds valued at over $300m (£221.37m) for sale. Alrosa said the project to…

Read More »

Consumer confidence falls for second consecutive quarter

The Deloitte Consumer Tracker has revealed UK consumer confidence fell by one percentage point in Q4 2021 to -11%, the second consecutive quarter of decline. Deloitte said the result comes after consumers started to feel the “squeeze of inflation” and pockets were hit with higher household bills. Personal expenditure in…

Read More »

Spot the difference: lab-grown vs. mined diamonds

When we think of diamonds, it’s rarely in a negative light. Their beauty is infamously captivating, making them the most popular gemstone used in jewellery, and distracting us of their darker past. The lifetime of a diamond isn’t quite as beautiful as the end result. Pertaining to their label of…

Read More »

Jan footfall 20% down on 2019 figures

Footfall in UK retail destinations weakened in January, reaching a gap of -20.8% from the 2019 level versus -18.6% in December, according to Springboard. It said that the drop in levels was driven by a “poorer relative performance in high streets and shopping centres”. However, it said it was “a…

Read More »