David M Robinson pledges youth charity support

David M Robinson has pledged to support Manchester’s HideOut Youth Zone charity for the next four years. The jewellery and watch retailer said it was inspired to support HideOut Youth Zone after learning more about the charity’s aims and ambitions to support thousands of young Mancunians. David M Robinson, which…

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Christie’s announces Karl Lagerfeld Chanel Jewels auction

Christie’s has announced an auction in the new year dedicated to Karl Langerfeld titled: ‘Susan and Karl: Important Chanel Fashion Jewelry from The Collection of Mrs. John H. Gutfreund’. Over 100 Chanel jewels will be showcased at the auction, which will run from 14 to 29 January. Claibourne Poindexter, specialist…

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RJC sets out ten year plan for SDG

The Responsible Jewellery Council (RJC) has launched ‘The Roadmap to 2030 and Beyond’ to help the organisation realise its sustainable development goals (SDG). The Roadmap to 2030 and Beyond will reportedly set out a clear pathway for the RJC and its members as well as find candidates for the SDG…

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Christie’s Luxury Market reports record online sales

Christie’s has seen an accelerated shift to online sales during the pandemic, with around 136 records being set across jewells, watches and handbag sales. During the pandemic, Christie’s saw a 41% increase in luxury lots sold in online auctions, a 82% rise in the number of luxury online sales and…

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Watches of Switzerland launches virtual boutique

Watches of Switzerland has announced that it will be using the Vee24 platform to create a ‘virtual boutique’ for customers seeking guidance and inspiration while shopping for luxury watch brands. The group said that following a surge in online sales since May 2020, it has “raised the bar” in how…

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Daniella Draper among big winners at UK Jewellery Awards

This year’s UK Jewellery Awards took place virtually earlier this week (16 December) and saw 20 businesses and individuals in the jewellery industry celebrate industry achievements over the past year. Among 2019/20’s winners were independent brand and retailer Daniella Draper, as well as multiple retailer Beaverbrooks, with both picking up…

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Furlough scheme extended until April 2021

The furlough scheme has been extended until the end of April 2021 with the government continuing to contribute 80% towards wages to employee’s pay, Chancellor Rishi Sunak has confirmed today (17 December).  The government will also extend current government-guaranteed Covid-19 business loan schemes until the end of March.  This includes…

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De Beers Group hits $440m in tenth sales cycle

De Beers Group has announced the value of rough diamond sales for the period 7 December to 16 December the tenth sales cycle of 2020 to be $440m (£323m), up from $426m (£313m) the year before. Despite the restrictions imposed by Covid-19during the period, De Beers said it has continued…

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Watches of Switzerland profits soar in half-year results

Watches of Switzerland has reported an increase in its half-year profits, with profit rising to £36.2m in the 26 weeks ended 25 October, up from a £9m loss reported the prior year. Total sales fell 2.6% on a constant currency basis to £428.7m in light of forced lockdowns and other…

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NAJ lobbies to support Birmingham’s jewellery quarter

The National Association of Jewellers has written to Birmingham’s mayor, as well as the MP for Birmingham Ladywood, calling for “urgent action” to support its members in the city’s jewellery quarter. David Doyle, the NAJ’s president, and the association’s chair Gary Wroe have urged for support to reverse the government’s…

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