Signet Jewelers launches charity foundation

Signet Jewelers has announced that it has launched a new charity initiative, Love Inspires Foundation to support women and children, and social change advocacy. The foundation will aim to support people through grants in countries that it operates in and also provide matching gifts to qualified non-profit organisations. Virginia C…

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Brown & Newirth secures £650k loan package

Brown and Newirth has secured a £650k loan from Virgin Money in a bid to support further growth, accelerating plans to increase its brand footprint with further boutique installations.  The jeweller is said to be in a “strong position” for future growth after the launch of a UK industry first…

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Retail sales growth slows in July

Retail sales volumes fell by 2.5% between June and July 2021, as rainy weather and last month’s ‘pingdemic’ dampened demand from consumers.   Nonetheless, sales were still up by 5.2% in the three months to July against the previous three months, and 5.8% higher than their pre-pandemic February 2020 levels, according…

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Lucy Quartermaine appoints new head of retail

Lucy Quartermaine, a contemporary jewellery brand, has announced the appointment of Louise Coleman as head of retail.  The eponymous jewellery brand said the appointment follows a recent “overwhelming demand” for its silver jewellery collections.  Coleman will be based in the South of England and will be responsible for all of…

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H&T launches trio of new jewellery collections

H&T Pawnbrokers has launched a trio of new jewellery products, namely its wellness, twinning, and 22ct gold collections. The new ranges will be released to accompany the group’s pre-owned jewellery selection, growing H&T’s service offerings. Designed to appeal to a broad audience, the pieces will be offered across the group’s…

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Hamilton and Inches unveils ethically sourced silver goblet

Hamilton and Inches has revealed that a goblet handcrafted from ethically sourced silver will be among the pieces in the upcoming “Celebrating our Craft” exhibition celebrating Scottish jewellery and silversmithing. The contemporary minimalist design was created by trainee silversmith Ruth Page who was commissioned to create the piece as part…

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Unemployment falls to 4.7% as job vacancies hit record high

UK unemployment fell to 4.7% for the quarter to 30 June 2021, a drop of 0.2% when compared to the previous three month period. According to the ONS, this was coupled by a 0.3% rise in the UK employment rate to 75.1% in the same period, closing the gap with…

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Fabulous announces final physical shop closure

Jo Stroud, the owner and managing director of Fabulous, has announced the closure of the jewellery designer company’s final physical site. Stroud revealed that Fabulous has decided to close its final shop in Leamington Spa after 16 years to meet the growing demand for e-commerce sales. The brand, which traded…

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BlueRock Diamonds discover 56.6 carat diamond stone

BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa has announced the discovery of a 58.6 carat stone. Mike Houston, executive chairman for the group stated that the expected sales value of the stone will be “significant” as it is a “D”…

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Alrosa sees Q2 profits reach £3.1bn amid ‘stronger’ sales

Alrosa has reported that net profit for Q2 climbed 26% QOQ to RUB 30.2bn (£3.1bn) from RUB 24bn (£2.4bn) the previous year as the group experienced a stronger return on sales. Revenue for the period also increased by 3% QOQ to RUB 94bn (£9.5bn) and was primarily driven by a…

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