William and Son enters administration

William and Son, a Mayfair-based jeweller, has fallen into administration.  Damian Webb and Phillip Sykes of RSM Restructuring Advisory LLP were appointed joint administrators of the business on 10 July 2020, the jeweller has revealed. In a statement, the jewellers confirmed the “affairs, business and property of the company are…

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How local jewellers are proving their resilience amidst Covid-19

As COVID-19 continues to affect people across the world, retail stores and shops remain shutdown and businesses continue to go bankrupt. For independent jewellery designers who are also faced with the same challenges, they have no choice but to look for other ways to earn revenue just like everyone else.…

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Theo Fennell unveils award winners

Theo Fennell has announced the two winners of its annual Central St Martins award show.  The event marks the 12th year the jeweller has sponsored the BA design show, and presented the annual awards. Two students have now been awarded in two categories set by Theo Fennell, in Best Design…

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De Beers jobs at risk following poor sales

De Beers has announced that total revenue plummeted 54% to $1.2bn (£920m) in its half-year results, with rough diamond sales falling to $1bn (£767m), down from the $2.3bn (£1.76bn) reported the year prior.  In light of the damaged performance, CEO Bruce Cleaver told Reuters that the group would “likely” proceed…

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New grants to be made available for small businesses

Grants totalling £20m are to be made available to small businesses, the government announced today (July 30). Thousands of smaller businesses in England are set to benefit from the new government funding to help them recover from the effects of the coronavirus pandemic. Small and medium sized businesses will have…

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Christie’s jewels auction totals $28m

Christie’s has announced that its Magnificent Jewels auction totalled $28m (£21.6m), with 87% sold by value and 83% sold by lot.  The auction, which took place in New York City on 29 July, had global participation with clients registered from 34 countries. A diamond necklace suspending a pear-shaped diamond was…

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The Diamond Club of Antwerp unveils new board

The Diamond Club of Antwerp announced it has reelected Thierry Polakiewicz as its president. Alongside its latest announcement, the group also unveiled the 13 other officers and board members appointed across the group. Philippe Barsamian will serve as vice president below Polakiewicz, while Koen Smets and Michaël Suchowolski will act…

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JGW organisers praise GemGenève ‘solidarity’

Jewellery and Gem World Hong Kong (JGW) organisers have praised Gemexpo SA’s decision to move GemGenève’s fair dates to 1 November – 4 November, in a bid to ensure the two industry events do not overlap.  Informa Markets Jewellery said the rescheduling would allow both events to maximise business opportunities…

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Sale price still main driver for jewellery purchases, NAJ finds

The National Association of Jewellers (NAJ) has published its latest consumer research on the role of jewellery in the lives of UK customers, and found that price is still one of the key themes behind a purchase. The Association’s first report profiled 2,500 consumers, and is one of the largest…

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Ch. Dahlinger expands mask collection

Ch. Dahlinger has announced new measures of support for customers with the expansion of its protective, disposable masks collection.  The move comes as the boxes and jewellery stands specialist said the development of the pandemic was “still not predictable”, but noted that its latest offering can assist jewellers and goldsmiths…

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