News
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May- 2022 -9 May
Nivoda launches new website amid rebrand
Nivoda, the online diamond marketplace, has announced a rebrand of the business, including the launch of a new website to celebrate its fifth anniversary. The new website will include an updated design and improved user experience. The company also revealed it will be adding gemstones to the platform later this…
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6 May
Footfall drops again in April
Footfall in UK retail destinations dipped once again in April 2022, falling to -15.9%, down from a decline of -15.3% in March 2022, according to the latest figures from Springboard. It said that the month was “salvaged” by Easter in the second week, when footfall rose by +9.1% from the…
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6 May
Rebekah Ann Jewellery launches Brighton Jewellery Collective
Rebekah Ann Jewellery has announced the launch of its new sustainable and eco-conscious jewellery workshop, the Brighton Jewellery Collective, which will open in June. The new workshop will be designed using as much recycled, reclaimed, and repurposed materials, furniture, and equipment as possible. Moving on from the current workshop, the…
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5 May
De Beers partners with Tracr blockchain platform
De Beers Group has announced it is deploying the Tracr blockchain platform at scale for its diamond production. The group said the introduction of Tracr at scale “delivers immutable information on the source of De Beers’ diamonds across the value chain and makes source assurance for 100% of De Beers’…
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5 May
CME unveils new daisy earring collection
CME has launched its new daisy-inspired earring collection comprising sterling silver pieces featuring a classic two tone daisy. The collection consists of three designs available as “huggie hoops”. The first design features a classic single daisy design adoring the huggie hoop or ring, and the second design presents a single…
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5 May
BoE raises interest rates to highest level since 2009
The bank of England (BoE) has raised interest rates to its highest level since 2009 – marking the fourth time it has taken action since December. The new rate of 1%, up from 0.75%, is the BoE’s latest attempt to curb the rampant rise in inflation – also at its…
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4 May
Ingle and Rhode launches bespoke engagement ring selection
Ingle and Rhode has launched a bespoke selection of men’s engagement rings to help its female customers pop the question. It said it also hopes the rings will be popular with male same sex couples looking to gift one another the perfect engagement ring. It comes as the jeweller says…
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4 May
Dollie Jewellery welcomes business partner amid global revamp
Dollie Jewellery has appointed Melanie Tillett as its new business partner in a bid to revamp the silver jewellery brand. Dollie Jewellery is now expanding its presence nationally and internationally, and Tillett will be responsible for pushing the company as it prepares to enter the global marketplace. Tillett is the…
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3 May
Lumbers creates pendant in celebration of Queen’s platinum jubilee
Leicester jeweller Lumbers has created a symbolic pendant in celebration of Queen Elizabeth II’s platinum jubilee. Created in platinum and featuring a central pearl complemented with diamonds, rubies and sapphires, the pendant will be a limited edition of 70 pieces. The pendant will also display the platinum jubilee hallmark that…
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3 May
Petra Diamonds prices plummet 23.7%
Petra Diamonds Limited has announced its like-for-like rough diamond prices decreased by 23.7% in the fifth tender cycle (Tender 5) of 2022. Petra said the reduction in prices is in line with the company’s guidance in its Q3 FY22 trading update last month, where Petra outlined it anticipated some pull…
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