News
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Oct- 2022 -12 October
NAJ announces 2022 Chair’s Award
The 2022 NAJ Chair’s Award, sponsored by Presman Mastermelt, will be presented at the Benevolent Society Christmas Ball, held at the Grand Hotel Birmingham on Thursday, 8 December. The inaugural Chair Award was shared between the three trade charities of the Goldsmiths’ Company Charity, The Silversmiths and Jewellers Charity and…
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12 October
LVMH revenues hit €7.57bn in H1
LVMH has announced revenue growth of 23% for its Watches and Jewellery business group in the first nine months of 2022 (H1), up from €6bn (£5.39bn) to €7.57bn (£6.6bn) year-on-year. Tiffany and Co. sales were driven by “strong” momentum in the United States, and its ‘Vision and Virtuosity’ exhibition at…
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11 October
Retail sales rise 2.2% in September
The British Retail Consortium (BRC) Sales Monitor reports that, on a total basis, sales increased by 2.2% in September, against an increase of 0.6% in September 2021. According to the BRC, the UK retail sales also increased 1.8% on a like-for-like basis from September 2021, when they had reportedly decreased…
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11 October
Piaget appoints first UK brand director
Piaget has announced the appointment of Valerie Gallet to the newly created role of UK brand director, effective 1 October 2022. In her new role, Gallet will report to Sylvain Auroux, general manager for Europe, as Piaget consolidates its position as a “key player” in the watch and jewellery sector.…
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10 October
Monica Vinader and Ennovie partner for supply chain transparency initiative
Monica Vinader has announced the launch of a supply chain transparency initiative, Monica Vinader’s Product Passport programme, which aims allow customers to trace the origin of their jewellery from design, materials sourcing, crafting, all the way to arrival at their doorstep. The jeweller is partnering with the world’s first net…
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10 October
De Beers Group names new CEO
De Beers Group has announced that its chief executive officer (CEO), Bruce Cleaver, will be succeeded by Al Cook, effective early next year. Cleaver will become co-chairman of De Beers Group, alongside De Beers Group chairman and Anglo American chief executive Duncan Wanblad. Overall, Cook brings over 25 years of…
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7 October
De Beers Group venture appoints new CEO
Debmarine Namibia, the diamond recovery joint venture owned in equal shares by the Government of the Republic of Namibia and De Beers Group, announced the appointment of Willy Mertens as its new chief executive officer, with effect from 1 November 2022. Mertens will succeed Otto Shikongo, who retires from the…
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6 October
F.Hinds relocates to new Swindon store
F.Hinds has moved to a new and bigger unit in Swindon’s town centre, featuring “the most modern” store design in the F.Hinds portfolio and larger window displays. This has enabled the jeweller to offer increased ranges of the diamonds, jewellery, branded watches and gifts at its “biggest and best store…
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6 October
Footfall slows to +6.8% in September
UK footfall slowed for the third consecutive month and now sits just 6.8% compared with the same period in 202, as the rising cost of living cuts consumer visits according to the latest data from Springboard. Springboard revealed that superficially September’s results suggest that footfall has largely been unaffected by…
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5 October
De Beers diamond sales drop 21% in Cycle 8
De Beers Group has announced its rough diamond sales dropped 21.6% to $500m (£439.3m) in the eighth sales cycle of 2022, compared to $638m (£560.5m) in Cycle 7 2022. However, sales are up 1.6% year-on-year, compared to $492m (£432.9m) in Cycle 8 2021. De Beers said that it continues to…
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