Manufacturers
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Feb- 2015 -20 February
Russian firm creates 5-carat synthetic diamond
A Russian laboratory-grown diamond manufacturer, New Diamond Technology, is claiming it has produced a 5.11-carat diamond, the largest man-made, polished, near-colourless stone ever produced. According to US trade magazine JCK, the manufacturer said that the unenhanced radiant-cut type ‘IIa’ diamond, produced by the high-pressure, high temperature method (HPHT), bears a…
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18 February
Endless signs 140 doors in Australia meetings roadshow
Fast-growing charm bracelet brand Endless Jewelry has signed with 140 new stockists in the Australian market during the first week of a roadshow meeting hundreds of jewellers. Following a successful week of meetings with more than 250 jewelers in the main markets of Australia, Endless Jewelry is now set to officially open in its 20th…
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18 February
Deakin & Francis links with 7 new retailers at Spring Fair
Cufflinks manufacturer Deakin & Francis has reported opening seven new trade accounts and securing additional orders from nine current retailers at Jewellery & Watch Birmingham. The brand revealed a new bespoke exhibition stand at the NEC show, with Simon Rainer, chairman of the BJA officially cutting the ribbon on Monday 2nd February. Henry Deakin…
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16 February
De Beers profits shine with 36% increase
The De Beers Group of Companies, itself a subsidiary of mining firm Anglo American, has reported a 36% increase in operating profits for 2014, rising to $1.4bn (around £910m) compared with the previous year. Anglo American said in a statement that the increase was due primarily to “solid demand” across key…
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6 February
Endless Jewelry reports $30m sales in dazzling first year
The new leather bracelet and charms brand Endless Jewelry has had a storming first year of trading, according to its CEO and founder, Jesper Nielsen. Nielsen told Jewellery Focus the company turned over $30 million in its first full year of trading, and has big plans for expansion in the year ahead.…
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Jan- 2015 -28 January
Petra Diamonds reports 16% increase in revenue
Independent mining firm Petra Diamonds revenues have climbed 16%, despite a 2% fall in production, in its six-month results up to December 31, 2014. The company reported revenue of $214.8m (£142.5m), up from $184.6m (£121.4m) in the same period the previous year. The report included the sale of two “exceptional”…
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23 January
Jewellery Focus introduces metal prices to Daily Briefing
As of today, Jewellery Focus has begun publishing daily metal prices as part of the Daily Briefing newsletter offering. Subscribers to the Briefing can now read the top stories of the day, the week, the editor’s blog and check out what the price of gold is doing – all before midday. Prices…
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13 January
Hot Diamonds enjoys 101% Christmas sales boost
Hot Diamonds has revealed a huge 101% increase in December 2014 sales compared with the same period the previous year. The Emozioni manufacturer said Christmas sales to its network of independents were also up, by 70% year-on-year. The firm’s head of commerce, Adryan Cresswell, said: “We were quietly confident of a strong…
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8 January
Polished diamonds prices fell 8.7% in 2014
Polished diamond prices fell in 2014 as demand in China slowed and liquidity dried up, with polished 1-carat prices dropping 8.7%, according to the RapNet Diamond Index (RAPI). For the year 2014, 0.3-carat diamonds also declined 6.5% and 3-carat diamonds dropped 6.6%. Only 0.5-carat diamonds increased, by a marginal 0.1%.…
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Dec- 2014 -16 December
Five new firms achieve RJC certification
The Responsible Jewellery Council (RJC) has announced the certification of five new firms on its roster: Blue Peacock Diamonds, Chester International LLC, Hope Belgium N. V., Karp Impex NV and Munic Gems NV. Blue Peacock Diamonds’ certification was achieved according to the new Code of Practices against its diamond trading…
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