De Beers Group forevermark CEO steps down

De Beers Group has announced that Nancy Liu, CEO of the company’s forevermark division, has decided to step down and leave the business. In her place, Céline Assimon, the current CEO of jewellers, will expand her role to lead both jewellery houses. The change will take effect from 5 September…

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Gembridge raises £368k in funding

Gembridge has announced that it has raised $500,000 (£368,000) from professional investors in a second fully funded round of Convertible Note financing. The funds pave the way for further developments that will enable the group to process up to $1bn (£735m) in transactions each year. This is the second time…

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Signet joins Paradigm for Parity coalition to advance gender equality

Global diamond retailer Signet Jewelers has announced its commitment to the Paradigm for Parity coalition in a bid to advance gender parity in corporate leadership. The movement intends to achieve full gender equality in corporate leadership by 2030 via a five-point action plan. Included in the plan are efforts to…

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Birmingham City students to design trophy for JVA

Birmingham City University has announced that its students have designed and produced an accolade for the Jewellery Valuers Association (JVA). The trophy, created by the team at the university’s School of Jewellery, will be awarded annually to a student valuer who has demonstrated “outstanding” potential or achievement. As part of…

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Beaverbrooks sees 61% spike in wedding ring sales

Family-owned jeweller Beaverbrooks saw a 61% two-year increase in wedding ring sales for the two days following Boris Johnson’s announcement that larger marital ceremonies can return. The two-day jump in sales is part of a wider “bridal boom” throughout the UK as restrictions are lifted, with wedding ring sales soaring…

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SVP Jewellery expands presence in Ireland with new partnership

SVP Jewellery has announced a new partnership with Erin Agencies which will see it expand the company’s presence in the north and south of Ireland. The jeweller will be rebranded to Sarah Verity for the Irish market, to avoid confusion with the Society of Saint Vincent de Paul. The brand…

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NAJ updates Covid guidelines ahead of 19 July opening

The National Association of Jewellers (NAJ) has updated its storesafe and sitesafe guidance ahead of the upcoming easing of restrictions on 19 July. The group’s guidelines, which are now at version seven and three respectively, also come with posters that can be printed and displayed for the public. The posters…

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De Beers Group partners with Diacore on £29m diamond

De Beers Group has announced a new partnership with Diacore for the purchase of a 39.34 carat blue diamond from Cullinan Diamond Mine for a total price of $40.1m (£29m), split equally between the companies. This follows a similar partnership in November 2020, in which the group and Diacore purchased…

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Alrosa releases inaugural impact report for 2010s

Alrosa, a global diamond mining company, has released its inaugural impact report, covering the period 2010 to 2020. The report focuses on Alrosa’s Yakutia, Russia region, which is home to 90% of the group’s operations. According to Alrosa, the firm contributed approximately $22bn (£15.9bn) to the region’s local economy over…

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Roxanne Rajcoomar-Hadden and NDC launch academy

British jeweller Roxanne Rajcoomar-Hadden has joined forces with the Natural Diamond Council (NDC) to launch the RRH Diamond Academy. The academy was established as a mentoring and networking programme to help ten emerging designers from diverse backgrounds break into the fine jewellery industry. Applications will be evaluated by a judging…

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