Retailers
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Jul- 2021 -21 July
De Beers Group forevermark CEO steps down
De Beers Group has announced that Nancy Liu, CEO of the company’s forevermark division, has decided to step down and leave the business. In her place, Céline Assimon, the current CEO of jewellers, will expand her role to lead both jewellery houses. The change will take effect from 5 September…
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20 July
Gembridge raises £368k in funding
Gembridge has announced that it has raised $500,000 (£368,000) from professional investors in a second fully funded round of Convertible Note financing. The funds pave the way for further developments that will enable the group to process up to $1bn (£735m) in transactions each year. This is the second time…
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20 July
Signet joins Paradigm for Parity coalition to advance gender equality
Global diamond retailer Signet Jewelers has announced its commitment to the Paradigm for Parity coalition in a bid to advance gender parity in corporate leadership. The movement intends to achieve full gender equality in corporate leadership by 2030 via a five-point action plan. Included in the plan are efforts to…
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19 July
Beaverbrooks sees 61% spike in wedding ring sales
Family-owned jeweller Beaverbrooks saw a 61% two-year increase in wedding ring sales for the two days following Boris Johnson’s announcement that larger marital ceremonies can return. The two-day jump in sales is part of a wider “bridal boom” throughout the UK as restrictions are lifted, with wedding ring sales soaring…
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16 July
SVP Jewellery expands presence in Ireland with new partnership
SVP Jewellery has announced a new partnership with Erin Agencies which will see it expand the company’s presence in the north and south of Ireland. The jeweller will be rebranded to Sarah Verity for the Irish market, to avoid confusion with the Society of Saint Vincent de Paul. The brand…
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15 July
De Beers Group partners with Diacore on £29m diamond
De Beers Group has announced a new partnership with Diacore for the purchase of a 39.34 carat blue diamond from Cullinan Diamond Mine for a total price of $40.1m (£29m), split equally between the companies. This follows a similar partnership in November 2020, in which the group and Diacore purchased…
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14 July
Roxanne Rajcoomar-Hadden and NDC launch academy
British jeweller Roxanne Rajcoomar-Hadden has joined forces with the Natural Diamond Council (NDC) to launch the RRH Diamond Academy. The academy was established as a mentoring and networking programme to help ten emerging designers from diverse backgrounds break into the fine jewellery industry. Applications will be evaluated by a judging…
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13 July
W Hamond teams up with Emma Stothard on new collection
Jeweller W Hamond has teamed up with Whitby sculptor Emma Stothard to launch the new Silver Darlings collection. The new collection of silver pieces, designed by Stothard, is unisex and features necklaces, pendants, bracelets, earrings and a keyring. Stothard is known for her wire and willow sculptures of animals, which…
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12 July
Pomellato to open flagship store in Tmall pavilion
Pomellato, a jewellery brand which is part of Kering Group, has kicked off a collaboration with Tmall luxury pavilion in China with the opening of its flagship store. This partnership will enable the brand to further strengthen its footprint in the Chinese market, reaching the over 800 million active consumers…
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12 July
Wild Iris opens second Midlands boutique
Wild Iris of Ironbridge, an independent ladies’ fashion and gift boutique, has launched its second store at The Merry Hill Centre in Dudley. Having opened on 10 July, the store specialises in jewellery and accessories, ladies’ clothing, homeware, and handcrafted gifts and art works. The opening follows Wild Iris’ 2019…
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