Manufacturers

Ntinga unveils B2B platform for jewellery retailers

Fine jewellery manufacturer Ntinga has announced the launch of its new B2B website, providing a space for retailers seeking to place orders for its exclusive running lines of jewellery and view high-resolution images. According to Ntinga, it has invested in a B2B platform designed to streamline the ordering process, improve…

Read More »

Lightbox shuts down bridal jewellery experiment

De Beers Group’s lab created jewellery brand Lightbox has confirmed that it has concluded its engagement ring trial. Through the test the company deepened its understanding of lab-grown diamonds (LGD) and evaluated the changing landscape and consumer perceptions associated with them. De Beers said that Lightbox will continue to focus…

Read More »

Hallmarking falls 12.2% in August

The total number of items hallmarked by the four UK Assay Offices dropped 12.2% in August. In total 778,960 pieces of jewellery were hallmarked in August 2023 compared with 886,746 in August 2022, a decline of 107,786. Gold hallmarking dropped 11.2% from 364,652 pieces hallmarked down to 323,993. However, gold…

Read More »

Petra Diamonds swings to loss amid diamond production decline

Petra Diamonds has reported that it swung to a pre-tax loss of $38.8m (£31.31m) in its preliminary results for FY2023, down from a pre-tax profit of $139.5m (£112.58) the previous year. It also confirmed its adjusted profit before tax amounted to $8.3m (£6.69m), compared with $155.1m a year prior. Petra…

Read More »

Armitage Tools partners with Jura Tools

Armitage Tools has announced a new strategic partnership with fellow family-run business Jura Tools. The two companies said that the partnership will offer customers a “new and expanded product selection”. The partnership will offer customers access to the “most sought-after diamond setting products” in the industry. It will also offer…

Read More »

Andre Michael launches lab-grown diamond ‘point of sale’ offering

Andre Michael has announced that it is launching a ‘point of sale’ for lab-grown diamond jewellery for retailers. The point of sale comprises a stand for 16 rings, as well as earrings, pendants and bracelets, with a choice of imagery. “The point of sale is a way for retailers to…

Read More »

De Beers sees revenues drop to $2.8bn in H1

De Beers has revealed that its total revenue decreased to $2.8bn (£2.19bn), with rough diamond sales decreasing to $2.5bn (£1.96bn), during the first half of the year. It said that the high levels of polished diamond inventory in the midstream coming into 2023, as well as the ongoing macroeconomic headwinds,…

Read More »

Potters unveils Eco Bundles sustainable jewellery packaging

Potters has unveiled its latest product, the Eco Bundles, a starter pack of premium recycled jewellery packaging. The new offering is designed to simplify the packaging selection process for both established brands and start-up jewellers. As part of the company’s commitment to eco-friendly practices, the bundles are manufactured using 100%…

Read More »

Hickman Shearer to auction off final assets of Vashi

Equipment sales specialists Hickman Shearer has been commissioned to auction off the final assets from Vashi’s West End headquarters and workshops. The news comes after Vashi fell into administration earlier this year and its online operation, which accounted for 80% of Vashi’s business, was sold to Queensmith, a Hatton Garden-based,…

Read More »

Hallmarking down 30% in May

The number of hallmarked pieces from the four UK Assay offices dropped 30% year on year in May from 842,236 down to 586,468. The figures mark another month of decline after April saw a decline of 24% and March saw a decline of 36%. Gold hallmarking dropped 18.5% from 336,108…

Read More »