News
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Mar- 2021 -19 March
Watches of Switzerland unveils DOXA partnership
Swiss watch retailer, the Watches of Switzerland Group, has announced a UK distribution partnership with DOXA, an independent Swiss watch manufacturer. The deal will see DOXA’s collection made available at the Watches of Switzerland showroom in Stratford Shopping Centre, as well as online at Goldsmiths, Mappin and Webb, and the…
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18 March
Signet Jewelers operating income drops £116m
Signet Jewelers has announced that its total operating income for the fiscal year 2020 dropped to $156.4m (£112m) from $318.3m (£228m) as a result of continuous trading disruptions from the Covid-19 pandemic. The group which operates brands such as H. Samuel and Ernest Jones, saw its total sales for the…
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18 March
WDC and RJC announce cross-membership partnership
The World Diamond Council (WDC) and Responsible Jewellery Council (RJC) have announced a cross-membership partnership. The organisational cooperation is intended to increase knowledge sharing, pilot new initiatives, and extend the positive impact of both parties on communities involved in jewellery production. As part of the deal, an RJC official will…
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17 March
Sotheby’s to auction Cartier bangle-bracelet for £3.6m
Sotheby’s has announced it will bring a diamond and rock crystal bangle-bracelet from Cartier to auction in Hong Kong on 20 April for an estimated price of HK$40-65m (£3.8-6m). The bracelet is a 63.66-carat pear-shaped white diamond. The auctioneer will also bring a jadeite bangle weighing 277.673 carats to the…
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17 March
Hallmarking falls 28.8% in February
The total number of pieces hallmarked throughout February 2021 decreased 28.8% when compared to last year, according to the latest figures from the Birmingham Assay office. Total hallmarked pieces dropped from 536,656 in February 2020 to 375,183, with a year-on-year rate of decline lower than the 45.5% seen in January…
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16 March
Mappin & Webb reveals new Susan Caplan collaboration
Goldsmiths and Mappin and Webb have announced a new collaboration with Susan Caplan, the curator of luxury vintage jewellery. At launch, The Susan Caplan Collection for Goldsmiths and Mappin and Webb will be made up of 28 pieces from luxury jewellery brands such as Chanel, Dior and Givenchy dating back…
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16 March
Goodman Bros upgrades to new offices
Goodman Bros, a Cambridgeshire-based jewellery service distributor, has moved to a new premises following the securing of a NatWest funding package. The wholesaler, which supplies jewellery accessories and cleaning products to various clients in the UK and Europe, has achieved year-on-year growth since its inception in 2014. In turn, the…
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15 March
Shop TJC to increase wages to £10 an hour
Shop TJC has announced it will increase its wages for all entry level employees from £8.89 to £10 an hour which is 12% over the minimum wage prescribed in the recent budget which will come into effect April 2021. The e-retailer which specialises in jewellery, gemstones, and other lifestyle accessories…
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15 March
VNJ secures £150,000 funding package
V N Jewellery (VNJ), an online jewellery retailer, has secured a £150,000 funding package from Maven Capital Partners’ Midlands Engine Investment Fund (MEIF). Based in Aylesbury, the firm’s team comprises Hai Ngan Knight and Jeremy Knight, who act as managing director and finance director respectively. VNJ will use the investment…
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12 March
Once announces Messika partnership
Once, an online fine jewellery platform, has revealed that it will now stock products from Messika, the French diamond fine-jewellery company. Founded by Valerie Messika, the daughter of diamantair André Messika, the group has gained celebrity interest from names such as Beyonce, Emily Ratajkowski and Charlize Theron. The brand, which…
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