Mixed month for diamond prices in August

The price of diamonds reported a mixed month in August, as polished inventory increased with steady manufacturing and sluggish demand. The RapNet Diamond Index (RAPI) – from the Rapaport Group – found the price of 1-carat diamonds fell 0.8% in August, while the price of 0.30-carat was flat. The price…

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Shop prices continue to fall in August

Consumers continued to benefit from falling shop prices in August, as overall prices fell 2% from the 1.6% decline in July. The latest British Retail Consortium (BRC) and Nielsen Shop Price Index revealed the fall in prices was driven by non-food deflation, which accelerated to 2.5% during the month –…

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IJL 2016 kicks off

International Jewellery London (IJL) has opened its doors to visitors today, welcoming independent retailers and key buyers to view the industry’s latest offerings. The annual exhibition – now in its 61st year – will run from Sunday until Tuesday ( 4-6 September), and showcase the latest jewellery brands and ranges…

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Four arrested after ‘Halloween mask’ raid on village jewellery store

Four people have been arrested after raiders ‘wearing Halloween masks’ stole jewellery from a village jewellers. The robbery took place at around 10am yesterday (1 September), when two masked men entered Tiptree Jewellers in Tiptree, Essex, and smashed a jewellery cabinet with a heavy tool. The men made off with…

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F Hinds and IJL reveal High Street by Design 2016 winners

Jewellery chain F Hinds and International Jewellery London (IJL) have announced the four winners of the High Street by Design 2016 competition. The four winners: Current jewellery designer: Indika Wijayarathna from Riyadh, Saudi Arabia – ‘Glowing Sun’ earrings Student jewellery designer: Joanna Harris from Purley, Surrey, City Lit, London –…

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Jeremy France Jewellers named Winchester’s ‘Favourite Independent’

Jeremy France Jewellers has been awarded the title of Winchester’s ‘Favourite Independent’, the company’s second local accolade of 2016. Having recently won the award for ‘Independent Business of the Year 2016’ at the Winchester Business Awards, the popular jewellery retailer said it was keen to maintain its title as Winchester’s…

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Consumers shun shops on August bank holiday in favour of dining out

Retail destinations in the UK saw a drop of 3.3% over the August bank holiday weekend compared with last year, as consumers favoured eating and drinking out. That’s according to retail research firm Springboard, which found the drop – accounting for trading from Saturday through to Monday – was coupled…

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Fairtrade unveils nationwide push to promote Fairtrade Gold jewellery

The Fairtrade Foundation has unveiled a new initiative as part of its Fairtrade Gold Campaign – named ‘I Do’ – in a bid to “stamp out practices that have tarnished the industry’s reputation”. The initiative will begin with a series of five nationwide conferences, which will be held across England,…

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Iconic jewellery store to close after nearly 150 years

Prestons of Bolton – known to many as the ‘Diamond Centre of the North’ – is set to close its doors after nearly 150 years of trading in the town. The jewellery retailer, which has been based in Bolton town centre since it first opened in 1869, will shut down…

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Man charged following Ernest Jones robbery in Derby

A man has been charged following a robbery at a jewellery store in Derby’s Intu shopping centre. The break-in happened at about 3am on Tuesday, August 23, at the Ernest Jones store in the shopping centre. An unknown quantity of jewellery was stolen but later recovered by police. A 21-year-old…

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