CuleM Watches launches sustainability mission

CuleM Watches has launched a “bold” sustainability pledge in order to set a new environmental standard for the luxury watch industry. Some 3% in sales will be donated to conservation and humanitarian causes, allowing customers to “protect the planet” through purchasing its timepieces. The watch designer has also protected 65…

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Tiffany and Co Q3 performance beats expectations

Tiffany and Co has managed to beat expectations by reporting a net sales decrease of only 1% to $1.008bn (£756m) compared with $1.014bn (£760m) last year in its third quarter financial statement ending 31 October 2020. The jeweller said the decrease was attributed to cost management schemes and the ongoing…

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TAG Heuer partners with Bamford on exclusive Aquaracer timepiece

TAG Heuer has partnered, once again, with Bamford Watch Department to create an exclusive Aquaracer timepiece. The new watch is equipped with the Calibre 5 Automatic movement and limited to just 1,500 pieces. Back in 2018, TAG Heuer and Bamford came together to create a “special version” of the Monaco…

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Beaverbrooks reports annual turnover rise of 12.4%

Beaverbrooks has released its latest financial statement for the full year to 29 February 2020, which saw its annual turnover increase 12.4% to £143.2m from £127.4m last year, reflecting the sixth consecutive year of growth for the organisation. During the same period, the jewellery company also reported its operating profit…

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Time and More UK announces watch expansion

Time and More UK has announced the further expansion of its portfolio which will include the introduction of Roamer of Switzerland watches, Jacques Du Manoir and JDM Military. The brands will be exclusively distributed in the UK in December 2020. Roamer of Switzerland, which was founded in Solothurn, Switzerland in…

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New Tier system announced

The Government has announced a new Tier system for when England leaves lockdown on 2 December, with only areas in Tier 1 allowed to revert back to the ‘rule of six’.  Making the announcement to the House of Commons, health secretary Matt Hancock revealed that the new Tier 3 restrictions…

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De Beers partners with Diacore for diamond purchase

De Beers Group and Diacore have teamed up for the purchase of five rare blue diamonds from the Cullian diamond mine. The diamonds total 85.62 carats altogether, with the largest a 25.75 carat diamond. They sold for a total purchase price of $40.3m (£30.1m) which was split equally between the…

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Kimaï launches Unity bracelet for men

Kimaï jewellery has just launched the Unity bracelet for men, made from 18k solid gold with a cord band. The piece is available to purchase in different colours and is priced at £325. A brushed gold version is also available in yellow, rose, and white gold with prices ranging from…

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Ghandi’s pocket watch sells for £12k at auction

A silver plated Swiss pocket watch, once owned by Mahatma Gandhi, has sold for £12,000 at East Bristol Auctions last Friday (20 November). The “worn and broken” timepiece, originally estimated to sell for up to £10,000, follows a sale of a pair of glasses, also believed to have been Ghandi’s,…

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Synova brings DaVinci diamond system to market

Synova has launched the DaVinci system, a diamond shaping solution which transforms rough diamonds into “brilliantly” cut diamonds with up to 57 facets in a single operation. The polishing process within the machine reportedly creates a “smooth final step” to remove remaining thin black carbon layers. Customers are presented with…

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