International
Jewellery industry news from around the world.
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Apr- 2019 -29 April
Rotary Watches announces new retail partner in Qatar
Rotary has announced Paris Gallery as its new retail partner in Qatar. Paris Gallery is a leading luxury retailer in the Middle East with over three million sq. ft. of shopping space and over 50 stores located in prime retail addresses spanning across the UAE, Saudi Arabia, Oman, Iraq, Qatar…
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23 April
RJC launches new ‘Code of Practices’ standard
The Responsible Jewellery Council (RJC) has announced it is launching a new Code of Practices (COP). According to the organisation, the COP defines “responsible, social and environmental business practices” for companies in the jewellery supply chain and commits members to adhere to a “robust” set of comprehensive auditable standards. Since…
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11 April
Signet Jewellers releases first CSR report
Signet Jewelers has released its 2018 Corporate Social Responsibility (CSR) report that highlights the company’s global CSR initiatives. The report includes Signet’s progress toward goals set across its four CSR key areas: people, responsible sourcing, environmental stewardship and charitable giving. For the first time, the company produced an integrated CSR…
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9 April
WFDB welcomes GIA’s changes to reports for lab-grown diamonds
The World Federation of Diamond Bourses (WFDB) has “welcomed” the changes by the Gemological Institute of America (GIA) to its reports for lab-grown diamonds. The GIA said its reports will be changed to come into line with revisions to the US Federal Trade Commission (FTC) Jewelry Guides announced last year.…
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Mar- 2019 -1 March
ROUNDUP: Hong Kong International Jewellery Show in full swing
Organised by the Hong Kong Trade Development Council (HKTDC), the 36th HKTDC Hong Kong International Jewellery Show opened yesterday at the Hong Kong Convention and Exhibition Centre (HKCEC). The five-day show (28 Feb to 4 March) has attracted 2,615 exhibitors from 38 countries and regions, among which Jordan, Latvia and…
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Feb- 2019 -12 February
Alorsa January diamonds sales reaches $281.5m
Diamond mining firm Alrosa sold $281.5m (£218.4m) worth of rough and polished diamonds in January. However, the group said during the month market activity was lower than usual, compared with December 2018 sales which were up 20% over the previous quarter and up 46% year-on-year. Yury Okoemov, Alorsa deputy CEO,…
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Jan- 2019 -31 January
Alrosa mines largest diamond in recent years
A unique rough diamond weighing almost 200 carats has been mined at the Alrosa owned Udachnaya kimberlite pipe in January 2019. The gemstone, with weight of 191.46 carats, was extracted at processing plant N12 of the Udachny mining and processing division. The diamond is transparent, with a slight yellowish tinge.…
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Dec- 2018 -20 December
Global diamond jewellery sales rise 4%, Alrosa finds
Worldwide diamond jewellery sales grew by 4% in Q3 2018 according to Alrosa’s global luxury and jewellery market research. North America, the largest diamond jewelry market, was found to have experience a 4% sales increase in Q3 compared to the same period last year. According to key retailers, stable growth…
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Nov- 2018 -22 November
Breitling marks expansion into Chinese market with gala celebration
Breitling, the Swiss watch brand, hosted a celebration of its entry into the Chinese market with a red carpet gala night at Beijing’s Phoenix Center on November 20, 2018. International movie stars and Breitling Cinema Squad members Brad Pitt and Daniel Wu were on hand to mark the occasion, along…
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2 November
World Gold Council reports 6% increase in jewellery demand for Q3 2018
Jewellery demand in Q3 of 2018 saw price-led year-on-year growth of 6%, as lower gold prices during July and August encouraged bargain hunting among “price-sensitive consumers”. According to the latest report by the World Gold Council, growth in India and China was up 10% in each region, outweighed weakness in…
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