News
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Aug- 2022 -17 August
NAJ takes step to elevate pricing code of practice
The National Association of Jewellers has taken the step to elevate its pricing code of practice to ‘assured advice’ with its primary trading standards partner. Working with Buckinghamshire and Surrey Trading Standards team, the National Association of Jewellers (NAJ) has said it aims to continue its proactive approach to educating…
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17 August
Deakin & Francis launches ladies’ Elements Collection
Deakin and Francis has launched a new ladies fine jewellery collection, The Elements Collection, comprising a multitude of gemstones set in 18ct gold. Included in the collection is a one-of-a-kind 18ct yellow gold faceted Crystal Ball Pendant with a vitreous enamel blue band, and a diamond necklace. The pendant showcases…
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16 August
Pandora celebrates 100% renewable energy usage for lab-grown collection
Pandora has announced that it has further improved the process of its lab-created diamond collection, Diamonds by Pandora. The collection, which was initially launched in the UK in 2021 as ‘Pandora Brilliance’, is now being crafted with diamonds that are grown, cut and polished using 100% renewable energy and have…
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16 August
Wages see highest fall on record amid rising inflation
Regular pay in the UK has fallen by a “record” 3% in the quarter ending June 2022, the steepest decline since records began two decades ago, as the nation continues to battle rising inflation and the cost-of-living crisis. Not accounting for inflation, growth in regular pay, excluding bonuses, would be…
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16 August
CW Sellors secures £1.5m loan amid growth plans
CW Sellors has secured funds worth £1.5m from MEIF Maven Debt Finance, enabling the jewellery company to open a new design and manufacturing facility in Derbyshire, which will include a jewellery boutique retail store, exhibition space, tours for visitors, and a café. The loan has been made available via the…
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15 August
Lily Arkwright’s engagement ring sales jump 73% amid heatwave
Lily Arkwright has reported a 73% rise in engagement ring sales last week (1 to 10 August) compared to the previous year, due to the August heatwave. Lily Arkwright said that the sunny weather has led to a rise in engagements, suggesting that hot weather “makes people feel more romantic”.…
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12 August
Nivoda appoints chief product officer
Nivoda, the B2B diamond marketplace, has continued its expansion with the appointment of James Morgan as its new chief product officer. Morgan joins after seven years at Amazon where he was head of Prime for Europe, and he will oversee the company’s continued expansion after Nivoda tripled both revenue and…
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11 August
Roxanne First launches Zodiac Collection
Roxanne First has introduced its latest range, the Zodiac collection – a series of squared moonstone pendants with solid gold zodiac symbols. Inspired by the tattoo line drawings which adorn Rocky’s – the founder of Roxanne First – arms, each Zodiac necklace combines “cosmic symbolism with magical moonstone properties”. Roxanne…
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10 August
Heatwave helps boost retail sales 2.3% in July
Retail sales increased 2.3% in July as the heatwave experienced across the UK helped boost demand for “hot weather essentials”, according to the latest data from the BRC and KPMG retail sales monitor. UK retail sales increased 1.6% on a like-for-like basis from July 2021, when they had increased 4.7%.…
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10 August
So-Le Studio creative director to become Sotheby’s guest curator
So-Le Studio has announced a collaboration with Sotheby’s London, which will see creative director Maria Sole Ferragamo become the first guest curator of their auction series The Luxury Edit. The auction series will showcase a city-specific curated collection of luxury items, including jewellery, watches and spirits in London, New York…
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