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Jul- 2015 -28 JulyInternational
LVMH jewellery division doubles profit
The jewellery division of luxury products group LVMH has doubled its profits in the first half of 2015 compared with the same period last year. Watches and jewellery recorded organic revenue growth of 10%. Revenue growth was 23% and profit from recurring operations increased by 91%. Bvlgari had an “excellent”…
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28 JulyTrade Organisations
Birmingham Assay Office opens doors to new headquarters
The Birmingham Assay Office has officially opened its new purpose-built headquarters in Birmingham’s Jewellery Quarter. After 137 years based in its previous headquarters in Birmingham’s Newhall Street, the assay office has now relocated to a newly built headquarters in Moreton Street. The building, which was supported by a European Regional…
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28 JulyWatch Focus
Elliot Brown named Clipper yacht race timekeeper
British watch brand Elliot Brown has been named the official timekeeper of the Clipper Round the World Yacht Race which will take place on August 30, 2015. To celebrate the 10th anniversary of the race, which will see competitors take part in a 11-month long, 40,000, mile yacht race, Elliott…
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28 JulyTrade Organisations
British Hallmarking Council to recruit four new members
The British Hallmarking Council (BHC) has announced that it is looking to recruit four new members. Established by the Hallmarking Act 1973, BHC protects consumer interests in the jewellery industry by ensuring that there are adequate facilities for hallmarking in the UK and advising the Secretary of State for the…
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27 JulyEconomy
Petra Diamonds production up but revenue falls 10%
Independent mining firm Petra Diamonds has reported a fall in revenue despite an increase in production in its full year financial results, ending June 30. Revenue for the company was down 10% to $425m (£273.9m), which it put down to lower average diamond prices than in the same time last…
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27 JulyProduct Launches
Julia Cook designs charity collection for St Mungo’s Broadway
Goldsmith Julia Cook has designed a charity collection for homeless charity St Mungo’s Broadway. The ‘summery’ collection has been designed by Cook in an effort to raise money for the charity’s Rebuilding Shattered Lives appeal, which helps to support homeless women. The range of gold and silver jewellery, named ‘Unity’,…
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24 JulyEconomy
De Beers sales fall 21% in first half of 2015
Diamond company De Beers has reported a total sales decrease of 21% to $3bn (£1.94bn) in the first six months of the year to June 30, 2015. According to the first half results published by mining group Anglo American, which owns 85% of De Beers, underlying earnings before interest,…
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24 JulyTrade Organisations
AnchorCert backs new Diamond ISO Standard
The Birmingham Assay Office’s AnchorCert Gem Lab has welcomed the recent publication of a new diamond ISO Standard. The standard, entitled ‘Consumer Confidence in the Diamond Industry’, was published on 1st July, and AnchorCert described it as a “refreshingly simple and concise document intended to help the consumer understand the different choices available to them”.…
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23 July
VIDEO: Rebus Signet Rings
Jewellery Focus visited Rebus Signet Rings on Leather Lane, close to Hatton Garden. We spoke to owner Emmet Smith and some of the craftsmen to learn about the ancient skill of engraving and to learn how they make their bespoke signet rings.
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23 JulyAppointments
Clogau appointed exclusive distributor of Endless Jewelry in UK and Ireland
Welsh jewellery brand Clogau has been appointed exclusive distributor for Endless Jewelry in the UK and Ireland. Endless is the fastest-growing new jewellery brand worldwide, and in less than two years its range of leather bracelets and charms has entered 24 markets on four continents. Ben Roberts, managing director of Clogau, said: “At Clogau…
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