News
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Mar- 2021 -9 March
Theme for Retail Jewellers Congress revealed
The JET Business Network (JBN) has announced the theme of its Retail Jewellers Congress will be ‘Grow your presence, grow your people, grow your profit’. The jewellery industry summit, which prioritises how digital operations and people can influence profit, will identify the key difficulties for jewellers going into 2021 and…
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8 March
De Beers extends UN Women partnership
De Beers Group has announced the extension of its global partnership with UN Women for a further five years, as it works towards achieving gender parity across its workforce by 2030. The group will now join the newly-formed HeForShe Alliance and said it is committed to increasing the representation of…
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8 March
Platinum sales ‘instrumental’ in jewellery market recovery
The Platinum Jewellery Business Review (PJBR), commissioned by the Platinum Guild International (PGI), has reported platinum sales have been “instrumental” in the jewellery market’s recovery. According to the PJBR, sales surged across key markets over the holiday season, including in China, India, Japan and the US. In the States, platinum…
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5 March
Alkemistry online sales soar 315%
Independent fine jewellery brand The Alkemistry has reported a “record” 315% growth in year-on-year e-commerce sales, despite the pandemic’s impact on business at its Floral Street concept store. In its latest update, the group said it was able to capitalise on shifting consumer trends during the period, as it noted…
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5 March
Goldsmiths’ Company to launch ‘The Brooch Unpinned’ exhibition
The Goldsmiths’ Company has announced it is preparing to open a free exhibition, ‘The Brooch Unpinned: The Goldsmiths’ Company Collection 1961-2021’, at the Goldsmiths’ Centre on 12 April 2021. Subject to the government’s Covid-19 guidelines, the exhibit will celebrate the “art of the brooch” between 1961 and 2021 in Britain.…
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4 March
Lucy Quartermaine launches SS21 collection
British designer Lucy Quartermaine has announced the launch of her new SS21 collection, Luna, which first debuted on 26 February. The Luna collection is said to draw inspiration from the “divine embodiment of the moon and the power of women”. The designer said the Luna Goddess “expresses attributes of femininity…
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4 March
Monica Vinader reports 21% rise in turnover for holiday season
Monica Vinader has reported a successful trading period over the holiday season, despite disruptions resulting from the Covid-19 pandemic, with turnover increasing 21% compared to the same period in 2019. The British company’s e-commerce sales also rose by 68% over the winter period, citing its funding from HSBC’s Coronavirus Large…
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3 March
Alrosa revenue doubles in Q4
Alrosa has announced that revenue in its fourth quarter doubled to RUB 98.6bn (£512m), a 53% rise against the prior year, on the back of “strong” demand recovery towards the year-end. For its full-year of trading, revenue was down only 7% RUB 221.5bn (£2.1bn). Net profit also increased in the…
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3 March
RJC urges industry leaders to adopt sustainable change
The Responsible Jewellery Council (RJC) has published an open letter to jewellery industry leaders, urging them adopt sustainable practices within their businesses. Last year, the trade association stated its “decade of action” in its bid to reach its ‘17 Sustainable Development Goals’, an initiative set up to combat climate-change related…
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3 March
Budget 2021: Chancellor unveils new £65bn support package
Chancellor Rishi Sunak has outlined a new £65bn support package in his March budget, confirming the decision to extend the furlough scheme until the end of September as well as new loan schemes of up to £10m for businesses. In what is Sunak’s second budget since he joined office in…
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