Industry News | Jewellery Focus

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Jan- 2018 -

16 January

Manufacturers

Lewis Catchpole

Weston Beamor reaffirms ‘Ethical Jewellery business of the Year’ title

The ‘Ethical Jewellery Business of the Year’ award winner, Weston Beamor, has continued its good work with every member of its customer team becoming a Fairtrade Gold Sales Ambassador. Each member of the 12-strong customer facing team at Weston Beamor has successfully completed the Fairtrade Foundation’s online ‘Fairtrade Gold Sales…
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16 January

Product Launches

Alessandro Carrara

De Beers launches diamond blockchain pilot

De Beers Group has launched a pilot that uses blockchain technology to provide a tamper-proof and permanent digital record for diamonds registered on the platform. Following the success of an initial proof of concept trial, which resulted in a working prototype, a pilot is now underway involving a small number…
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15 January

Economy

Alessandro Carrara

High street sees sharpest footfall decline in four years

New figures from the British Retail Consortium (BRC) and Springboard show footfall in the month of December suffered its sharpest decline since March 2013 Total UK retail footfall fell by 3.5% compared with December 2016, while the high street saw a sharper drop, down by 4.6%. Shopping centres suffered a…
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15 January

Economy

Alessandro Carrara

Israel Diamond Exchange announces diamond-based cryptocurrencies

The Israel Diamond Exchange (IDE) will unveil two new diamond-based cryptocurrencies at the next 2018 International Diamond Week in Israel (IDWI) Created by startup Carats.Io, the group will host a seminar introducing its new diamond-backed financial instruments and explain the benefits it could have for the diamond industry. Carats.Io will…
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12 January

Retailers

Lewis Catchpole

Partnership with retailers drives digital growth for Adore Jewellery

Adore Jewellery has grown its digital presence thanks to partnerships with some of the UK’s largest retailers. The Swarovski Group brand said it has seen increased online sales following a partnership with jewellery e-tailer The Watch Shop, and national department stores Debenhams and House of Fraser. Following the partnerships, Adore…
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12 January

E-Commerce

Alessandro Carrara

Shoppers make 80% of retail purchases online

Online shoppers in the UK make 80% of their retail purchases online, up from 74%, according to a new report. The Royal Mail’s ‘Delivery Matters’ report found that the proportion of money being spent online has increased year on year. The average online shopper spends £40 each month on clothes…
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11 January

Appointments

Alessandro Carrara

Investors flee Pandora in 15% share price fall

Pandora’s shares have plummeted by almost 15% in January so far, the largest drop in market capitalisation the company has seen in six years. The bracelet and charms jewellery brand reported 2017 sales of 22.8bn Danish crowns (DKK) (£2.6bn) were up by 15% in local currencies, but below its…
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11 January

Celebrities

Lewis Catchpole

Dell and Nikki Reed to harvest gold from old laptops for new jewellery line

Computer giant Dell and actress, entrepreneur and activist Nikki Reed have announced a jewellery collaboration in support of the sustainable design movement. The ‘Circular Collection’ by Bayou with Love and Dell is a new, limited edition jewellery collection made in the US and sourced from gold recovered from Dell’s recycling…
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11 January

Crime

Alessandro Carrara

Jewellery worth €4.5m stolen during armed heist at Ritz Paris hotel

Armed robbers made off with an estimated €4.5m (£4m) worth of jewellery in a smash-and-grab heist at the Ritz Hotel in Paris. According to The Guardian five masked men entered the hotel armed with knives and hatchets at 6:30pm on 10 January 2018, using axes to smash several display cabinets…
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10 January

Designers

Alessandro Carrara

Gemfields and Fabergé unveils ‘world first’ laser inscribed emerald

Gemstone supplier Gemfields and fine jewellery specialists Fabergé have unveiled what they claim is the world’s first laser-inscribed emerald. The 4.11 carat, green emerald-cut gemstone was mined at Gemfields’ Kagem emerald mine in Zambia. It was then acquired and mounted by Fabergé as a custom-crafted item for the winner of…
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