Retailers
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Mar- 2022 -14 March
Hallmarking surges 127% in February
The total number of hallmarked pieces climbed 127.3% to 852,725 February 2022, up from 375,183 for the same period in 2021. According to the Birmingham Assay Office, Gold hallmarked pieces increased 72.8% to 304,854, against last year’s 176, 420. Silver saw the largest increase in hallmarked pieces, jumping 180.8% year-on-year.…
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14 March
H. Samuel owner donates £766k to Red Cross Ukraine
Signet Jewelers Limited, the owner of H .Samuels, has announced the foundation will donate £766k to the Red Cross Ukraine humanitarian relief efforts, through its global network. Signet has also suspended business interaction with Russian-owned entities since the beginning of the invasion, in unity with all those in the world…
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11 March
Christies Jewel’s online auction tops £2m
Christie’s Jewels Online: La Dolce Vita auction, which took place between 1 and 10 March, achieved a total of £2,052,724, with 157% hammer above low estimate and 93% sold by lot. The auction attracted participation from 38 countries, across four continents, and 25% of bidders and buyers to sale were…
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10 March
Lark and Berry debuts sister brand
Lark and Berry has announced the launch of Alondra, its new sister brand, in honour of International Women’s Day. The first collection under Alondra is ‘Horizon’ which features Lark and Berry’s created diamonds, black spinel and 18K gold vermeil and silver. All pieces in the Alondra brand are made with…
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9 March
Rough diamond sales to reach £494m, De Beers says
The De Beers Group has announced the provisional value of rough diamond sales (Global Sightholder Sales and Auctions) has reached $650m (£494m) for the second sales cycle of 2022. De Beers said this represents the expected sales value for the period 21 February to 8 March and remains subject to…
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8 March
Flinn and Steel on track for £750,000 turnover
Sheffield Steel and Titanium wedding ring brand, Flinn and Steel, has announced it is on track to turnover more than £750,000 in its third year in business. It was launched in a shed on the edge of Sheffield at the start of the pandemic by Ollie Allen and Jess Flinn,…
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8 March
Richemont suspends operations in Russia
Richemont has announced that it has suspended all commercial activities in Russia, following its prior announcement of stopping operations in Ukraine on 24 February. The company said it is in close contact with its people on the ground and ensuring they receive financial, logistic and moral support. Richemont has also…
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4 March
Vrai unveils Divine Solitaires collection
Sustainable fine jewellery brand, Vrai, has announced the launch of its ‘Divine Solitaires’ collection which consist of three diamond shapes, each cut and polished from a 30 carat of rough diamond. The first necklace from Divine Solitaires, the ‘Solitaire Cross’, was introduced in November 2021. The piece was auctioned for…
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2 March
DNW to hold auction in collaboration with Queens of Mayfair
Mayfair Auctioneers’ Dix Noonan Webb has teamed up with nearby Queens of Mayfair for DNW’s auction. DNW holds four auctions of jewellery each year at their Mayfair salerooms, the next sale being Tuesday March 15, 2022. Highlights include a Columbian emerald and diamond necklace which is estimated at £12,000-15,000; a…
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1 March
Footfall up 11% on last week, Springboard says
Footfall rose by +11.1% across all UK retail destinations last week from the week before, when it dropped by -3.8%, according to Springboard. The company said this uplift emanated from a bounce back in footfall on Friday and Saturday when footfall averaged +43.3% higher than the week before, “helped by…
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