Hallmarking falls 13% in April

The total number of items hallmarked by the four UK Assay Offices dropped 13% in April. In total 4,96,962 pieces of jewellery were hallmarked in April 2025 compared with 5,71,291 in 2024, a decline of 74,392. Gold hallmarking fell by 8.3% from 2,57,391 pieces hallmarked down to 2,36,066. Gold 999…

Read More »

UK footfall jumps 7.2% in April

UK footfall increased by 7.2% in April (YoY), up from -5.4% in March, the BRC has revealed. During the four weeks from 6 April to 3 May, footfall increased across all segments – high street by 5.3%, retail parks by 7.5% and shopping centres by 5.6%. Across nations, footfall also…

Read More »

Tiffany unveils new Jean Schlumberger’s Apollo collection pieces

Tiffany and Co has announced the debut of new creations from one of Jean Schlumberger’s most celebrated collections for the House: Apollo by Tiffany.  The collection reimagines Schlumberger’s iconic 1957 Apollo clip, presenting an array of contemporary jewellery designs that “honour the timeless spirit” of the original. The Apollo by…

Read More »

Diamond prices rise in April amid tariff uncertainty

Diamond prices rose sharply at the beginning of April in response to announcements of new U.S. import tariffs, and then stabilised later in the month when the U.S. delayed their implementation by 90 days, according to Rapaport’s RapNet Diamond Index. It comes as the RapNet Diamond Index (RAPI) for 1-carat…

Read More »

Pandora lowers profit guidance amid tariff fears

Pandora has revealed that it has lowered its EBIT margin guidance for the full year to “around 24%”, down from 24.5%. The retailer cited currency fluctuations and ongoing uncertainties around US trade tariffs as key factors behind the reduction in its margin expectations. Despite this, the company saw its sales…

Read More »

De Beers to close lab-grown diamond brand

De Beers Group has announced its intention to close its lab-grown diamond jewellery brand, Lightbox, marking its commitment to natural diamonds. As part of the closure process, De Beers Group is discussing the sale of certain assets, including inventory, with potential buyers. The business was launched with transparent linear pricing…

Read More »

BoE cuts interest rates to 4.25%

The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the fourth rate cut since last year’s peak of 5.25%. At its meeting ending on 7 May, the bank’s monetary policy committee (MPC) voted by a majority of 5–4 to reduce…

Read More »

Hallmarking slump narrows to 1.8% in March

The total number of items hallmarked by the four UK Assay Offices saw a modest decline of 1.8% in March compared with 16.8% in February. In total 5,36,442 pieces of jewellery were hallmarked in March 2025 compared with 5,46,530 in 2024, a decline of 10,088. Gold hallmarking was up 5.2%…

Read More »

Jewells to open at Eldon Square and Lakeside

Jewellery brand Jewells has announced that it is set to open two new stores in Lakeside, Essex and Eldon Square, Newcastle. The 1,000 sq ft store in Lakeside shopping centre, which opens on Friday 30 May, is one of seven UK Jewells locations launching on the same day as part…

Read More »

Dior unveils the Diorexquis collection

Dior has announced the launch of its Diorexquis Haute Joaillerie collection, inspired by Christian Dior’s legacy. The artistic director of Dior Joaillerie has designed a line, with three themes; enchanting landscapes, delicate bouquets and magical galas and three pieces; a necklace, ring and earrings. Featuring an interplay of volumes and…

Read More »