Fope H1 revenues soar 44% to £12.5m

Italian fine jewellery group Fope has reported a 44% year-on-year revenue growth to €14.6m (£12.5m) in H1 FY21. The figure represents a return to group revenues that are “essentially in line” with the company’s pre-pandemic H1 FY19 results. Moreover, Fope revealed that EBITDA for the period reached €2.4m (£2.05m), a…

Read More »

Global gold demand holds steady in Q2

Global demand in gold held steady during Q2 FY21 at 955.1t, a year-on-year decline of 1% from Q2 FY20’s 960.5t. According to the World Gold Council’s latest gold demands trends report, this has come as a result of increasing consumer demand being offset by “less bullish” investors. The three months…

Read More »

Lucara recovers 393.5 carat white diamond

Lucara Diamond has announced the recovery of a 393.5 carat top “white Type IIa gem” quality diamond from its 100% owned Karowe Diamond Mine located in Botswana. The diamond was recovered from direct milling of ore sourced from the M/PK(S) unit of the South Lobe. During the same production month,…

Read More »

Alrosa commits £155m to ESG initiatives in 2020

Alrosa, the global diamond company, has revealed its social and environmental investments totalled $216m (£155m) in 2020. The investment represents approximately 8% of the group’s total revenue for the year, and consisted mainly of social commitments. Some $141m (£101m) was contributed towards pension funds under non-state insurance programmes for employees,…

Read More »

Jack Murphy Jewellers raises £1,200 for charity

Jack Murphy Jewellers has revealed that two of its employees raised £1,200 For Pips Hope and Support charity. Employees Rory Murphy and Nuala O’Neill recently took part in a skydive on behalf of the jewellers. The funds raised will enable the development and delivery of this community service during these…

Read More »

NAJ names Continental UK as headline sponsor

The National Association of Jewellers (NAJ) has named fine jewellery supplier Continental UK as its NAJ Summit headline sponsor. Based in Hong Kong, Continental has operated within the UK market for over 45 years through a customer service team in Borehamwood, Hertfordshire. The group is known for its 9k illustration…

Read More »

De Beers Group sixth cycle diamond sales reach £367m

De Beers Group has announced a provisional value of its rough diamond sale of $510m (£367m) for the period 12 July to 27 July For the sixth sales cycle of 2021. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, the group…

Read More »

Craft NI to showcase range of master jewellers

The Arts Council of Northern Ireland has revealed that this summer will mark the 15th annual August Craft Month which features behind the scenes access to some master jewellers. The Craft Month provides a network for makers and the public to meet, share and collaborate. The programme is supported by…

Read More »

Boodles to launch Victoria Leeds site

Boodles, the luxury family-owned jewellers, is set to launch a Victoria Quarter store at Hammerson’s flagship Victoria Leeds shopping area. Due to open later this year, the shop will span 4,500 sq ft, while joining a number of luxury brands at the centre, including Louis Vuitton and Mulberry. The site…

Read More »

Dix Noonan Webb to auction royal bracelet

Dix Noonan Webb has announced that an Art Deco cultured pearl and diamond bracelet owned by H.R.H. The Princess Margaret will be brought to auction on Tuesday 14 September 2021 and is estimated to fetch between £30,000 – £40,000. Comprising a double row of cultured pearls bordering a millegrain-set line…

Read More »