De Beers announces rough diamond demand is strong for second cycle in 2018

De Beers has released data on its second cycle of rough diamond sales for 2018, with revenues provisionally secured at £399m. The world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds announced the provisional figure of sales from its rough diamonds mined from operations in…

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Twin Hong Kong jewellery shows attract record 87,000 buyers

Featuring more than 4,550 exhibitors, the fifth Hong Kong International Diamond, Gem and Pearl Show and the 35th Hong Kong International Jewellery Show concluded with participation from about 87,000 buyers from 145 countries and regions. Organised by the Hong Kong Trade Development Council (HKTDC), more than 33,700 buyers visited the…

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Connoisseurs testimonials

Amy – David Mellor “Nothing sells a product better than a salesperson that really believes in what they’re selling. This is something that comes naturally when marketing Connoisseurs merchandise to a customer, as they are fantastic and effective products. We have never sold so much Jewellery Cleaner in our 40…

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Consumer spending on ‘non-essentials’ increases

According to Barclaycard February 2018 saw increased sales of non-essentials, as consumers continued to prioritise their spending on the ‘experience economy’. Data from the group also revealed supermarket spending (3.2%) returned to levels previously seen over the past six months, after a spike of 4.4% in January 2018. Entertainment performed…

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Retailers ‘want more apprenticeships’ to develop future workforce

New data from the British Retail Consortium (BRC) has suggested that retailers want to commit to more apprenticeships in the coming years. In a survey of UK retailers, 86% indicated they would increase the number of apprenticeships they offer in the next two years. In England, retailers are committed to…

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RJC meets with jewellery experts to discuss future of responsible practices

The Responsible Jewellery Council (RJC) hosted an industry panel discussion at the 35th Hong Kong International Jewellery Show. Moderated by Edward Johnson, RJC’s newly appointed director of business development, the discussion focused on the commercial case for responsible business practices in the jewellery industry. Jewellery industry experts, Ken Lo and…

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Goldsmiths Meadowhall reopens after refurbishment

High street jeweller Goldsmiths has unveiled its newly refurbished Meadowhall showroom, following a £10,000 investment. As part of the revamped showroom, customers will also be able to purchase a variety of jewellery collections such as Goldsmiths exclusives Jenny Packham and Mappin and Webb, Italian brands Fope, Gucci and Roberto Coin…

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Survey reveals average cost of an engagement ring

A recent survey conducted by Ripe Insurance has revealed the average money spent on an engagement ring. Some 1,500 people aged 18 and over from across the UK took part in the survey, which revealed that The traditional ‘three-month salary rule’ no longer stands, with the average person spending 1.7…

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UK shoppers put off by irrelevant retail offers

According to consumer research conducted by point of sale marketing firm Ecrebo, more than four in 10 (44%) UK shoppers shy away from brands that don’t offer them personalised, relevant offers. The aim of the research was to gauge consumer attitudes toward retail loyalty schemes, the benefits they offer and…

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Q&A: How Hong Kong’s jewellery trade shows are making progress

The Hong Kong International Diamond, Gem & Pearl Show this year features a dedicated lab-grown diamonds and synthetic gemstones section for the first time.  In light of this development, and the fact that it is the biggest iteration yet of the event, we put a few questions about growth and…

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