International
Jewellery industry news from around the world.
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Aug- 2014 -31 August
IJL registrations up 15% up for new Olympia show
Major jewellery trade show International Jewellery London (IJL) has recorded a 15% rise in visitor registrations for its 2014 event, compared to last year. In a sign that the jewellery industry is continuing to show signs of gaining buoyancy, the event, which this year moved from Earl’s Court Exhibition Centre…
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28 August
Tiffany & Co announces strong Q2 sales and profit growth
Tiffany & Co. today announced a 16% rise in profits for the second quarter of this year, chalking up $124m (ยฃ74.75m) in earnings after tax. The firm said the performanceย wasย due to a 7% increase in worldwide net sales (reaching $993m – ยฃ598.6m) and a higher gross margin. Management increased its…
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14 August
UK gold demand increases by 21%, says World Gold Council
UK demand from gold rose by 21% in the second quarter of this year,ย compared with the same period the previous year according to the World Gold Council’s latest figures. On a global scale, Q2 represents more than half of total annual demand for gold.ย Highlights from WGC’s report: Jewellery: Second…
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6 August
Letลกeng recovers exceptional 198 carat diamond
Gem Diamonds Limited ย has announced that it recoveredย a 198 carat, white type IIa diamond from the Letลกeng mine in Lesotho at the end of July. This exceptional white, high quality diamond displays no florescence and is expected to achieve an exceptional price when sold this year. Gem Diamonds CEO, Clifford…
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6 August
INFOGRAPHIC: What economic crisis? Jewellery for those who donโt feel the pinch
This is the jewellery that the vast majority of us will only ever admire from a distance. Owned by the rich, the famous and the royal, they are some of the most beautiful pieces ever made, and the subject of an infographic that is fascinating and envy-inducing in equal measure.…
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1 August
Responsible Jewellery Council appoints Ashish Deo as new CEO
The Responsible Jewellery Council (RJC) has appointedย Ashish Deoย as chief executive officer. Ashish will assume this position on the 8th ofย September and be based in the RJCโs London office.ย Heย brings “global experience having worked with leading international consumer and luxury brands, andย most recently from his work with the Fairtrade Foundation as its…
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Jul- 2014 -11 July
Dansk Smykkekunst receives Danish Export Award
Danish fashion jewellery brand, Dansk Smykkekunst, has become one of five companies in Denmark to be awarded the King Frederik IX Honorary Award for Excellence for โexemplary effortsโ in the Danish export market.ย Managing directors, Christian and Malene Storm were presented with the esteemed award aboard the Royal Yacht, โDannebrogโ,…
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10 July
Field expedition leads GIA to significant gem mines
The Gemmological Institute of America (GIA) has revealed the a team of its field researchers journeyed to important gemstone mining areas in Brazil to document the current state of coloured stone mines.ย From March 31 to April 17 the researchers visited the states of Minas Gerais, Rio Grande do Nort,…
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8 July
Smart jewellery firm Ringly announces new app integrations
Ringly,ย a New Yorkย based startup that has created aย line of stylish ‘connected’ jewelleryย for women, has announcedย that it will integrate Airbnb, eBay, Gilt, Hinge, Lyft, Skype, Whatsapp, and Words with Friends to offer customised alerts through its ring. Ringly rings let the wearer set alerts for incoming calls, texts, emails, calendar or…
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2 July
Signet Group announces major management re-shuffle
Signet Jewelers today announced that Ronald Ristau resigned from his position as CFO, as did Theo Killion, the president and CEO of the recently acquired Zale division.ย Current senior vice president and controller Michele Santana has been promoted to CFO designate, effective immediately, andย George Murray, Signet’s current chief integration management…
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