Current Affairs
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Mar- 2018 -5 March
RJC meets with jewellery experts to discuss future of responsible practices
The Responsible Jewellery Council (RJC) hosted an industry panel discussion at the 35th Hong Kong International Jewellery Show. Moderated by Edward Johnson, RJC’s newly appointed director of business development, the discussion focused on the commercial case for responsible business practices in the jewellery industry. Jewellery industry experts, Ken Lo and…
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1 March
Survey reveals average cost of an engagement ring
A recent survey conducted by Ripe Insurance has revealed the average money spent on an engagement ring. Some 1,500 people aged 18 and over from across the UK took part in the survey, which revealed that The traditional ‘three-month salary rule’ no longer stands, with the average person spending 1.7…
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Feb- 2018 -23 February
Warning issued over fake magnetic piercings
Two young boys needed life-saving surgery after swallowing magnetic balls meant to mimic piercings. Freddie Webster, 12, had to have part of his bowel removed due to magnets ripping a hole in the wall of his stomach. He was taken to Hull Royal Infirmary where he underwent over four hours…
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20 February
UK female recruitment still in the “dark ages”
According to the Equality and Human Rights Commission (EHRC) new statistics have revealed British employers are “living in the dark ages” and have “worrying attitudes” towards recruiting women. The survey of 1,106 senior decision makers in businesses revealed around a third (36%) of private sector employers agreed that it is…
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13 February
Breitling removes ‘sexist’ ads after backlash
Watchmaker Breitling has removed ads featuring women wearing ‘skimpy outfits’ after receiving complaints from customers. Some of the adverts portrayed “subservient women” acting as ground support for male pilots flying airplanes. The group also came under fire from customers for putting on a display a female mannequin sitting on a…
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5 February
Hatton Garden jewellery thief dies in jail
Terry Perkins, one of the gang members involved with the Hatton Garden jewellery raid, has died in prison aged 69. He was one of the four ringleaders behind the notorious robbery and his death comes just one week after the gang was ordered to pay a total fine of £27.5m…
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Jan- 2018 -31 January
Hatton Garden jewellery raiders ordered to pay £27.5m
The four men who led the Hatton Garden raid have been ordered to pay £27.5m or face another seven years in prison. The gang drilled a hole in the wall of a vault at Hatton Garden Safe Deposit in Easter 2015. The raid was labelled as the “largest burglary in…
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11 January
Investors flee Pandora in 15% share price fall
Pandora’s shares have plummeted by almost 15% in January so far, the largest drop in market capitalisation the company has seen in six years. The bracelet and charms jewellery brand reported 2017 sales of 22.8bn Danish crowns (DKK) (£2.6bn) were up by 15% in local currencies, but below its…
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11 January
Jewellery worth €4.5m stolen during armed heist at Ritz Paris hotel
Armed robbers made off with an estimated €4.5m (£4m) worth of jewellery in a smash-and-grab heist at the Ritz Hotel in Paris. According to The Guardian five masked men entered the hotel armed with knives and hatchets at 6:30pm on 10 January 2018, using axes to smash several display cabinets…
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Dec- 2017 -13 December
Cartier boycotts Myanmar ‘genocide gems’, pressure mounts for Signet, Bulgari
Cartier will stop trading in precious stones from Myanmar following pressure from consumers to stop selling ‘genocide gems’. The International Campaign for Rohingya (ICR), advocates for the Rohingya people, called on its 70,000 supporters to lobby the jewellery brand through text messages, calls and emails. The Rohingya are a Muslim…
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