News
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Aug- 2025 -22 August
Phoria launches at Selfridges
Phoria, the London-based affordable luxury jewellery brand, has launched its collection at Selfridges, marking its first physical retail partnership. Now available on the third floor of the Oxford Street flagship store, the brand’s modular pieces include “bestsellers” such as the Hook Up chain rings, Runaway necklaces and Vice carabiner earrings. …
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22 August
GIA appoints Ram Natarajan to lead global laboratory operations
The Gemological Institute of America (GIA) has appointed Sriram Ram Natarajan as senior vice president of laboratory operations. Natarajan, previously managing director of GIA India Laboratory Private Limited, began his new role in early August. He is now based at GIA’s global headquarters in Carlsbad, California, and reports to president…
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21 August
De Beers delivers $2.9bn economic contribution in 2024
De Beers has contributed $2.9bn (£2.16bn) in 2024 in taxes and economic value across its host countries and reported its best-ever safety record, with a total recordable injury frequency rate of 1.2. The figures were published in the group’s 2024 sustainability report, which also highlighted progress across climate action, nature…
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20 August
Lucy Quartermaine consolidates two brands into one
British jewellery designer Lucy Quartermaine has announced the merger of her two brands, Lucy Quartermaine and Quartermaine. The Lucy Quartermaine brand has built a reputation for its contemporary sterling silver designs and sculptural forms, while Quartermaine has specialized in Italian-made 18ct gold and rare, top-clarity diamonds. The merger now brings…
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20 August
Lark and Berry launches London Icons jewellery collection
Sustainable fine jewellery brand Lark and Berry has launched its London Icons collection, a new range inspired by some of London’s best-known districts. The collection features eight lines, each reflecting the character of areas including Soho, Camden, Kensington and Mayfair. Designs incorporate 14k gold and cultured gemstones such as sapphires,…
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19 August
Pandora opens first London airport store at Gatwick
Pandora has announced that it has opened its first store in a London Airport at London Gatwick. The new store, which opened its doors on 15 August, offers passengers a wide selection of accessible luxury jewellery. Located after security, the store showcases Pandora’s complete range of collections, with every jewellery…
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18 August
Monica Vinader recertified with Positive Luxury sustainability mark
Jewellery brand Monica Vinader has been recertified with the Positive Luxury Butterfly Mark, which recognises companies that meet sustainability standards across environmental, social and governance (ESG) criteria. To achieve certification, brands must score at least 50% in Positive Luxury’s independent ESG+ assessment. Monica Vinader recorded 64% in environment, 88% in…
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15 August
Pandora reports 8% organic growth in Q2 despite macroeconomic headwinds
Pandora has reported 8% organic growth in the second quarter of 2025, with revenues rising to DKK 7.05bn (£800m) despite foreign exchange, tariff and commodity price pressures. Like-for-like (LFL) sales were also up 3%, while network expansion contributed 5% to growth. LFL sales rose 8% in the US and 6%…
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14 August
46% of independent retailers report lower Q2 sales, Bira finds
Nearly half (46%) of Britain’s independent retailers reported lower sales in the second quarter of 2025 compared with the same period last year, according to new figures from the British Independent Retailers Association (Bira). The decline was attributed to a squeeze on household budgets and falling consumer confidence as key…
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14 August
UK quarterly GDP beats expectations despite slowdown
UK GDP grew 0.3% in the three months to June, behind the 0.7% it grew in the first quarter, as a result of US tariffs and higher business costs, according to data from the Office for National Statistics (ONS). However, it is better than expected growth as economists polled by…
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