Manufacturers

De Beers adds 75 years’ experience to executive committee with new hires

De Beers has made three new appointments to its executive committee, which it says adds 75 years of combined diamond industry experience to the team. Paul Rowley, executive vice president of global sightholder sales; Neil Ventura, executive vice president of auction sales; and Balisi Bonyongo, CEO of Debswana, will join…

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Better-than-expected holiday bolsters Pandora revenue

Pandora has announced that sales have exceeded its original forecast, with full year revenues of 9bn Danish kroner (£1bn) for 2013.The company originally predicted sales of 8.6bn kroner (£959 million), but puts the surprise results down to a better-than-expected holiday period and a string of store openings in the latter…

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Tiffany & Co. reports 4% increase in worldwide sales

Tiffany & Co. has reported a 4 per cent rise in global sales in the November to December period, which equates to a $1.03 billion (£62.6m) increase in revenues compared with the same period the previous year. The company enjoyed a $131 million (£7.9m) rise in Europe alone, and with…

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Talbots Group see 1.05% increase during December

Birmingham-based packaging solution providers Talbots Group experienced a 1.05 per cent sales increase year on year during December 2013. The company saw card based packing popular amongst jewellery brands and retailers during the Christmas period, which helped to boost sales. Julie Fowler-Drake, managing director of Talbots Group said: “Talbots Group…

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CARAT* to debut Power Pearls at Spring Fair

The stunning new Power Pearls collection is a real departure from the norm for CARAT* and the first time in the company’s history where the use of synthetic pearls has been introduced. The collection consists of pendants, necklaces, rings and earrings that are set in sterling silver settings and adorned with…

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CARAT* donates £10,000 to Macmillan Cancer Support

In celebration of its 10-year anniversary CARAT* the luxury fashion jewellery company has donated £10,000 to the Macmillan Cancer Support at the charity’s Celebrity Christmas Stocking Auction. CARAT* CEO Scott Thompson said: “I recently lost a dear friend to this vicious disease so wanted to do something that was significant…

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Thomas Sabo unveils new ambassador

Georgia May Jagger has been named as the new face of Thomas Sabo, modelling in the company’s latest campaign. Jagger, daughter of Jerry Hall and Mick Jagger, posed wearing the new Karma collection showcasing the company’s 72 piece range, which consists of beads representing positive energy and fortune, and a…

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Signet purchases Botswana diamond polishing factory

The world’s largest jewellery retailer, Signet Jewelers, has announced the acquisition of a Botswana-based diamond polishing factory from H&A Cutting Works, a subsidiary of Exelco. The acquisition is part of the company’s plans to significantly advance its rough-diamond sourcing and manufacturing, and it described the new factory as an “important…

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European platinum demand has ‘robust’ outlook

European demand for platinum jewellery will rise next year despite a small global drop, according to Johnson Matthey. In its Platinum 2013 Interim Review, the chemicals and precious metals company said: “Gross demand [globally] for platinum in jewellery will slip by 1.4% to 2.74 million ounces,” putting the expected fall…

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Beaverbrooks opens its first Swarovski boutique

Jewellers chain Beaverbrooks has unveiled its first Swarovski boutique in Belfast. The new store forms part of the multiple’s strategy to “enhance customer experiences in store”. The boutique, which has the appearance of a concession in part of the Beaverbrooks shop, has its own entrance and extensive collection of crystal…

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