De Beers delivers $2.9bn economic contribution in 2024

De Beers has contributed $2.9bn (£2.16bn) in 2024 in taxes and economic value across its host countries and reported its best-ever safety record, with a total recordable injury frequency rate of 1.2. The figures were published in the group’s 2024 sustainability report, which also highlighted progress across climate action, nature…

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Lucy Quartermaine consolidates two brands into one

British jewellery designer Lucy Quartermaine has announced the merger of her two brands, Lucy Quartermaine and Quartermaine. The Lucy Quartermaine brand has built a reputation for its contemporary sterling silver designs and sculptural forms, while Quartermaine has specialized in Italian-made 18ct gold and rare, top-clarity diamonds. The merger now brings…

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Lark and Berry launches London Icons jewellery collection

Sustainable fine jewellery brand Lark and Berry has launched its London Icons collection, a new range inspired by some of London’s best-known districts. The collection features eight lines, each reflecting the character of areas including Soho, Camden, Kensington and Mayfair.  Designs incorporate 14k gold and cultured gemstones such as sapphires,…

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Pandora opens first London airport store at Gatwick

Pandora has announced that it has opened its first store in a London Airport at London Gatwick. The new store, which opened its doors on 15 August, offers passengers a wide selection of accessible luxury jewellery. Located after security, the store showcases Pandora’s complete range of collections, with every jewellery…

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Monica Vinader recertified with Positive Luxury sustainability mark

Jewellery brand Monica Vinader has been recertified with the Positive Luxury Butterfly Mark, which recognises companies that meet sustainability standards across environmental, social and governance (ESG) criteria. To achieve certification, brands must score at least 50% in Positive Luxury’s independent ESG+ assessment. Monica Vinader recorded 64% in environment, 88% in…

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Pandora reports 8% organic growth in Q2 despite macroeconomic headwinds

Pandora has reported 8% organic growth in the second quarter of 2025, with revenues rising to DKK 7.05bn (£800m) despite foreign exchange, tariff and commodity price pressures. Like-for-like (LFL) sales were also up 3%, while network expansion contributed 5% to growth.  LFL sales rose 8% in the US and 6%…

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46% of independent retailers report lower Q2 sales, Bira finds

Nearly half (46%) of Britain’s independent retailers reported lower sales in the second quarter of 2025 compared with the same period last year, according to new figures from the British Independent Retailers Association (Bira). The decline was attributed to a squeeze on household budgets and falling consumer confidence as key…

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UK quarterly GDP beats expectations despite slowdown

UK GDP grew 0.3% in the three months to June, behind the 0.7% it grew in the first quarter, as a result of US tariffs and higher business costs, according to data from the Office for National Statistics (ONS). However, it is better than expected growth as economists polled by…

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Claire’s appoints Interpath as administrators

Fashion jewellery and accessories brand Claire’s has appointed Will Wright and Chris Pole from Interpath as joint administrators to its UK, European services and European distribution businesses, effective 13 August 2025. With UK headquarters in Birmingham, the company operates 306 stores across the UK and Ireland, employing more than 2,150…

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Claudia Bradby celebrates 25th anniversary with new piece

Claudia Bradby is set to launch a new mantra range that builds on her the world is your oyster designs in celebration of the company’s 25th anniversary. Available from 24 September, the new Glimmers design is double-sided, and offers a touchstone necklace and bracelet delivering the “signature cool-girl charm the…

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