News
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May- 2022 -19 May
DMR launches new concept showroom in Liverpool
David M Robinson (DMR) has announced the reopening of its flagship Liverpool showroom, following an “extensive refurbishment and expansion”, marking a 72% upsize in the jewellers’ existing presence in the city. The project is DMR’s largest expansion to date and it introduces the first new concept showroom for the brand,…
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18 May
Laings opens new Omega showroom in Cardiff
Luxury jeweller Laings has opened the doors to its new Omega showroom at St David’s, Cardiff. Spanning 838 sq ft, the new showroom will complement the existing Laings Cardiff showroom at The Hayes, which has operated at St David’s since the luxury retail destination’s second phase expansion in 2009. Stuart…
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18 May
De Beers sales surge 56% to £486.5m in Cycle 4
The De Beers Group has announced its rough diamond sales surged 56% year-on-year between 2 May to 17 May, the fourth sales cycle of 2022, rising from $385m (£310m) to $604m (£486.5m). This also marks a 6.7% increase from $566m (£455.9m) in Cycle 3 2022, led by “strong” consumer demand…
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17 May
Post-Covid UK Footfall recovery worsens
Footfall in UK retail destinations declined by -0.7% last week from the week before, a consequence of drops in footfall in both retail parks (-1.8%) and shopping centres (-2.3%) whilst in high streets footfall rose modestly by +0.7%. This meant that the gap from the 2019 footfall level widened to…
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17 May
Petra Diamonds non-executive director steps down
Petra Diamonds has announced that Matthew Glowasky will stand down as a non-executive director of the company and will also stand down from the board, with immediate effect. Glowasky was appointed as a non-independent, non-executive director of the company on 10 March 2021. His appointment was pursuant to a nomination…
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16 May
Bradley’s Jewellery unveils Twinkle Toes collection
Bradley’s Jewellery has launched a capsule collection of precious jewellery pieces, named Twinkle Toes, to raise funds for Steps Charity Worldwide and The Miscarriage Association. The non-profit, charitable collection comprises a disc pendant, a heart-shaped locket, and a foot-shaped charm set with diamonds and multi-coloured stones. Created by jeweller and…
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16 May
Ashes Memorial Jewellery reports 30% sale increase
Burton-on-Trent-based Ashes Memorial Jewellery has reported that it has seen sales rise by a third (30%) over the past year, despite the current economic uncertainty. The jeweller said that interest in memorial jewellery has “skyrocketed”since the beginning of the COVID-19 pandemic, with a “significant spike” in the number of people…
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13 May
Berry’s Jewellers unveils OPEIA collection for 125th anniversary
Berry’s Jewellery, family-owned expert jeweller, has launched the special edition ‘Opeia’ collection to celebrate its 125th year in business. The collection is made up of 10 pieces, comprising a necklace, a small and large pendant, a pair of drop and stud earrings, three rings, a bangle and a bracelet. Designed…
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13 May
Hallmarking surges 26% in April
The total number of hallmarked pieces climbed 26.3% to 660,006 in April 2022, up from 522,390 for the same period in 2021. According to the Birmingham Assay Office, Gold hallmarked pieces increased 18.6% to 280,067, against last year’s 236,089. Silver saw an increase of 30% year-on-year, from 268,993 to 349,654.…
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12 May
UK economy shrinks in March
The UK economy shrunk by 0.1% in March as consumers started to feel the bite of rising energy prices and the cost of living. The latest figures also come after a period of no growth in February. During the period, services fell by 0.2% on the month and was the…
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