Current Affairs
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May- 2017 -26 May
UK consumer set for £3bn bank holiday spend, says Worldpay
UK high street businesses could earn £3bn over the bank holiday weekend, according to data from payments processor Worldpay. Due to the weak pound, Worldpay predicts that British people will choose to spend their long weekend here, resulting in a boost to local businesses. Worldpay data showed that the early…
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25 May
Forevermark inscribes its two millionth diamond
The De Beers group’s Forevermark brand has inscribed its two-millionth diamond. The 3.48 round brilliant that marked the threshold also bears a unique ‘2,000,000’ inscription to acknowledge its significance. The diamond was mined, cut and polished in Namibia and inscribed at the Forevermark Diamond Institute in Surat, India. It will…
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25 May
Noel Hunter OBE appointed chairman of British Hallmarking Council
Noel Hunter OBE has been appointed as the new chairman for the British Hallmarking Council. Hunter said: “I am delighted to be elected to lead this prestigious and important body. Hallmarking verifies the integrity of some of the most precious items we possess, both on a personal and a monetary…
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23 May
Catherine Jones boss receives Cambridge master’s degree
Vanessa Burkitt, MD of family jewellers Catherine Jones of Cambridge, has received a master’s degree from the University of Cambridge. Burkitt, who was elected to the National Committee of the National Association of Jewellers (NAJ) this week, studied modern languages for her undergraduate degree and was the first woman to…
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22 May
Minute and Azimut add three retailers to network
Clerkenwell-based watch brand Minute and Azimut has added three new retailers to its network. First Class Watches, London Time and KJ Beckett have agreed terms to stock the luxury British watch brand as part of its curated watch collections. The retailers will be featuring the brand’s first ever watch collection,…
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22 May
Jeweller makes bridal collection with ‘most ethical gold’
Jewellery designer Arabel Lebrusan has released a bridal collection with what it describes as the “most ethical gold”. The exclusive range features earrings, engagement rings and wedding rings made with Fairmined Ecological Gold and the brand claims it is the “first of its kind” in the UK market. The brand…
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22 May
Boot-sale diamond to be auctioned for £350,000
A diamond ring which was bought for £10 decades ago is expected to fetch £350,000 at auction. The owner, who does not want to be identified, bought it at a car boot sale at West Middlesex Hospital 30 years ago, believing it to be a piece of costume jewellery. It…
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19 May
Theo Fennell goes into administration
Theo Fennell has appointed accountancy firm BDO as administrators to the company just four years after being taken over by investors. The British jewellery designer, who started the business in 1982, has also had to make an undisclosed number of staff redundant. Theo Fennell employed 54 people at the time…
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19 May
Butler and Wilson closes Mayfair store after three year loss
Butler and Wilson has decided to close its Mayfair store after trading at a loss for three years. It has been 32 years since the costume jeweller opened its outlet in South Molton Street, Mayfair but after a 21% increase in rent costs, the store was no longer making a…
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18 May
Jacobs the Jewellers launches Young Designer Competition
Reading’s oldest independent jewellery retailer has launched its third installment of its Young Designer Competition. Jacobs the Jewellers will hold the competition at its store between 6 – 30 June and will feature the work of ten designers from the competition collaborators Bishopsland Educational Trust.. The competition is in also…
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