Warren James announce increase in profits

Jewellery retailer Warren James has announced a rise in profits to £42.7 million for the year ended 31 March 2017. The figures filed on Companies House this week show that profit before taxation has risen by 12.3% – up from £37.7 million in 2016. Privately owned by managing directors John…

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Hallmarking figures drop by 11% in November

The volume of jewellery hallmarked by the four UK assay offices fell by an average of 11% in November compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office. The average volume of gold pieces hallmarked fell by 12.1% to 492,537 compared with…

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Alrosa recovers 98-carat diamond in Russia

Alrosa has recovered a 98.63 carat diamond from its Jubilee pipe in Yubileynaya, Russia. The Aikhal Mining and Processing Division (MPD) extracted the stone, which is a transparent yellow-tinted octahedron crystal measuring 28.96 х 28.03 х 27.30 mm. Evgeny Agureev, director of Alrosa, said: “One more discovery weighing almost 100…

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90% of retailers to ‘struggle’ with upcoming accounting rules

Britain’s retailers look set to emerge as the most exposed to new lease commitments, according to analysis by Aptitude Software, a global financial software specialist. The firm predicts that 90% of UK high street retailers will struggle to comply with the impending lease accounting standards (IFRS 16) which come into…

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How to prolong the life of your pearls

Buying beautiful pearl jewellery is all well and good, but it isn’t just about wearing the pearls, you need to inform your customers how to care of them to maintain their beauty and prolong their life. Follow these everyday handy tips to keep your pearls (and your customers) looking their…

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Company Q&A – Monnickendam Diamonds with director Neil Holness

What is the history of Monnickendam Diamonds? We’re a family run company that’s been around since 1890. We’re on our fourth generation and fifth due to join in the future. We have been diamond polishers since the beginning and we are one of the few left in the country, it’s…

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The Scent of a Stone – Vanacci’s Perfumed Jewellery

Design focused Leeds accessories brand, Vanacci, has developed a new range of jewellery which makes full use of the wearer’s perfumes with an innovative, absorbent material it has named the Lockstone. SHEKINA TUAHENE sits down with creators James Whitfield and Sean Sykes to get the science At a time when…

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Voice on the High Street – Adam Jacobs

Name: Adam Jacobs, Jacobs the Jewellers Location: Reading Year established: 1948 Number of staff: 9 Website: www.jacobsthejewellers.com When was Jacobs the Jewellers founded? In 1948 Douglas and Jean Jacobs opened ‘Douglas Jacobs’ on the King’s Road in Reading, initially selling a hand-picked selection of second hand silver and jewellery. They…

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Sell to both bride and groom – Part II

Selling a bridal couple who are looking for a wedding ring is one of the best ways to get another jeweller’s customers, but overlooked by most jewellers. In the May issue I told you how not to let this happen to you. The main reason the bridal couple came into…

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Worldpay interview Q&A

James Frost, chief marketing and commercial officer of WorldPay. Developed My Business Hub. Electronic point of sales operated through a wi-fi enabled tablet. What is My Business Hub? The UK’s leading payment processor. We help businesses both large and small accept card payments through a variety of different means; in…

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