Tag Heuer announces new Monaco timepieces

Tag Heuer has announced three new Monaco timepieces, which are inspired by ‘‘early predecessors’’ in the collection. The Swiss watchmaker’s three models feature the Calibre Heuer 2, an inhouse manufacturing movement at its centre, and a seventies-inspired design. The Calibre Heuer 2 is visible behind the watch’s sapphire crystal caseback…

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Businesses must check furlough inaccuracies before HMRC deadline

Businesses using the furlough scheme have been urged to “thoroughly check” their claims for inaccuracies before HMRC’s cut-off date to avoid the risk of fines or prosecution. Accountancy firm Kilsby Williams issued the warning after HMRC sent letters to a growing number of businesses to inform them of potential errors…

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Businesses must check furlough inaccuracies before HMRC deadline

Businesses using the furlough scheme have been urged to “thoroughly check” their claims for inaccuracies before HMRC’s cut-off date to avoid the risk of fines or prosecution. Accountancy firm Kilsby Williams issued the warning after HMRC sent letters to a growing number of businesses to inform them of potential errors…

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Diamond breaks world record for online auction bid

A 102.39 carat D Flawless oval diamond has been sold at Sotheby’s Hong Kong auction for $15.7m (£12.2m), breaking the world record for the highest value ever bid for a jewel in an online auction.  Before its sale, the highest price paid for a jewel in an online auction was…

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Rosberry’s reports strong auction sale

Rosberry’s London has reported strong sales for its Jewellery and Watches Auction, which took place on 22 September. The auctioneer reported a sold rate of 82% to local and international bidders. Among the items being sold included diamonds, which were estimated to sell between £4,000-6000 but sold for £7,500, and…

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Lucy Slyvester launches Autumn collection

Lucy Slyvester has revealed her new Autumn jewellery collection for the Halloween season. The Oxfordshire-based designers’ new line includes designs based on stag beetles, flies, moths, dragonflies and crab claws, all created with either solid silver or gold. Slyvester believes the new collection’s pieces ‘‘are a perfect fit for an…

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Watches of Switzerland raises guidance as sales surge

Watches of Switzerland has announced that revenue for the first 10 weeks of Q2 has been “stronger than expected” at £202.7m, up 20.2% in constant currency and 18.3% in reported terms against the prior year. The group also reported sales to date of £145.1m, up by 12.6% against the prior…

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Hatton Garden burglar ordered to pay back nearly £6m

The final member of the Hatton Garden burglary gang to be jailed has now been ordered to pay back nearly £6m by the Met Police, or serve an extra seven years in jail. Michael Seed was sentenced to ten years’ imprisonment in March 2019 after being found guilty of conspiracy…

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De Beers launches ReSet initiative

De Beers Group has announced the launch of Reset, a new initiative by the diamond company to engage in conversations with jewellery designers around sustainability and to promote the positive impact of natural diamonds. The ReSet Collection launches today (5 October) and is a collaboration with five leading US designers,…

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Demand for yellow gold jewellery ‘resilient’, says NAJ

UK retailers are seeing growing demand for yellow gold jewellery, according to the NAJ’s retail ambassador Helen Dimmick. According to the association, gold prices since the start of lockdown have “driven sentiment that the yellow metal has lasting value and pushed customers increasingly to seek repairs and remodelling of their…

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