Lovisa shares slump despite rise in FY24 profits and revenues

Australian jewellery store chain Lovisa has seen a 15% decline in its share price to $30.76 (£15.76) despite posting a 21% increase in net profit to $82.4m (£42.2m) and a 17.1% increase in revenues to $699m (£358.1m) in FY24. The jewellery brand, which operates more than 900 stores globally, stated…

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Annele launches Mini’s collection

Finnish jewellery brand Annele has announced the launch of its latest collection, the Mini’s collection. The new collection is a twist on the jewellers signature Jelly series with a new ‘Jam’ piece which is a petite version of its hero design. Alongside Jam there are a variety of new earring…

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H&T Pawnbrokers profit before tax jumps to £9.9m

H&T Group, the UK’s largest pawnbroker and a retailer of new and pre-owned jewellery and pre-owned watches, has reported a 12.5% increase in profit before tax to £9.9m in H1 2024. The group stated that the core pawnbroking business continues to be the foundation of group profits as it is…

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Cooksongold launches new Laser Cutting Service

Cooksongold, the UK jewellery making supplier, has announced the launch of its new Laser Cutting service on 27 August 2024. With its laser cutting technology, Cooksongold now offers accuracy, allowing for “high levels” of detail and customisation in designs that would be difficult to achieve with traditional methods. The new…

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Hancocks Jewellers unveils same sex wedding ring collections

Manchester-based jewellery retailer Hancocks Jewellers has announced the launch of two new wedding ring collections: ‘His and His’ and ‘Her and Hers’.  The new collection was introduced after the brand received requests and feedback from many same sex couples.  The ‘His and His’ and ‘Her and Hers’ collections are crafted…

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Fabergé launches new Beetlejuice Beetlejuice collection

Fabergé has collaborated with Warner Bros to launch the Fabergé x Beetlejuice Beetlejuice fine jewellery collection. The new collection pays homage to Beetlejuice Beetlejuice, the sequel film to Tim Burton’s award-winning film Beetlejuice. Burton has collaborated closely with world-renowned Oscar-winning costume designer Colleen Atwood (Alice in Wonderland, Sweeney Todd: The…

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Missoma opens first Leeds store

Missoma has opened its first store outside of London in Redical’s Victoria Leeds. The British jewellery brand, which opened its latest store on Friday 16 August, is Missoma’s second-ever permanent store, following the opening of the Covent Garden store in November 2023. Located in Victoria Quarter’s County Arcade with a…

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Lucy Quartermaine partners with Harding for cruise collections

Lucy Quartermaine has partnered with travel retail specialists Harding to launch its Quartermaine collections on luxury cruise ships for the first time. The jewellery brand’s first voyage will be with Fred. Olsen Cruise Lines and their Bolette ship, setting sail this week. According to Lucy Quartermaine, the collaboration will allow…

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UK gold investors ‘buy the dip’ amid global markets’ latest storm

Bullion trading via The Royal Mint’s website trebled (336%) after global financial markets plummeted on Monday (5 August 2024), the Royal Mint revealed.  The number of investors transacting increased by 53%, compared with this year’s daily average, with precious metals buying outpacing selling by a ratio of 5:1 Additionally, 1oz…

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Ernst Jones launches new Leonardo Da Vinci Cut collection

Ernst Jones has announced the launch of its exclusive collection of traceable diamonds – the Leonardo Da Vinci Cut. The new collection is inspired by Leonardo da Vinci’s work on the ‘Golden Ratio’, also known as the divine proportion. It is a mathematical equation (a/b=1.618), commonly found in nature and…

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