News
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Aug- 2023 -11 August
Mappin and Webb unveils refurbed Guernsey showroom
Luxury jewellers Mappin and Webb has unveiled its new refurbished showroom in Guernsey. The historic listed building has undertaken an “extensive” refurbishment to be the second showroom to implement the new interior design concept providing a light, bright luxury environment. Clients will now walk directly into the dedicated Rolex room…
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10 August
Serge DeNimes sales up 20% to £2.4m
Male jewellery brand Serge DeNimes has seen its sales jump 20% to £2.4m in 2022, up from £2m in 2021. The company attributed this increase in sales to its successful launch in the USA and its new Seven Wonders collection. The company staged a successful pop-up in New York two…
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10 August
Kiki McDonough to launch new Special Editions collection
British jewellery brand Kiki McDonough has announced the launch of its new ‘Special Editions’ collection for 2023, featuring earrings, necklaces and rings. The Kiki Special Editions collection houses pieces in combinations of diamonds and gemstones and is set to launch in October. Each design is repeatable; however, within the collection…
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9 August
Bradley’s Jewellers launches new eco rocks colour collection
Bradley’s Jewellers has announced the launch of a new eco rocks colour editions collection. The new line is a debut line of three-stone rings, each one set with a laboratory-created coloured stone solitaire flanked by two laboratory-grown diamonds. The line will launch under the Eco Rocks brand which is a…
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8 August
Pandora sees profits fall amid increased costs
Pandora has reported that its overall profits declined to £44.1m in FY22, down from £57.6m in FY21, according to the latest accounts filed with Companies House for the year ended 31 December 2022. Overall profits decreased as a result of rising costs which increased to £268m in FY22 (2021: £240.1m).…
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8 August
Retail sales growth slows in July amid heavy rain
The UK’s total retail sales increased by 1.5% in the four weeks to 29 July, against the 2.3% growth experienced in the same month last year. This was below the three-month average growth of 3.5% and the 12-month average growth of 3.9%, according to BRC data. This lacklustre growth in…
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8 August
International Gemological Institute appoints new global CEO
International Gemological Institute (IGI), a Blackstone portfolio company, has announced the appointment of Tehmasp Printer as its new global CEO, effective 1 October 2023. The news comes after Roland Lorie, current CEO, decided to step down after spending nearly five decades building the “largest” network of gemological laboratories and schools…
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7 August
Seol and Gold launches its third drop of vintage rings
Seol and Gold has announced the launch of its third drop of vintage rings. According to Seol and Gold, the rings in the new collection have been stored in their original condition and have never made it to the market. Additionally, these vintage deadstock rings represent the 80’s and 90’s…
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7 August
Gembridge online catalogue hits $100m GMV
Gembridge has announced that the value of gemstones and jewellery listed in its online catalogue has hit $100m for the first time. Luxury continues to be one of the fastest growing segments in the global ecommerce market and the largest sellers on Gembridge now upload over $1m of stock at…
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4 August
Geoffrey Good launches bespoke services
Fine jeweller Geoffrey Good has announced the launch of a new bespoke service. As part of the service the jeweller will be offering both in person and virtual services to help customers find the right piece. The jeweller will utilise high carat gold, platinum and responsibly sourced coloured gemstones and…
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