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 โGrow your presence, grow your people, grow your profitโ. 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 โinstrumentalโ in jewellery market recovery
The Platinum Jewellery Business Review (PJBR), commissioned by the Platinum Guild International (PGI), has reported platinum sales have been โinstrumentalโ in the jewellery marketโs 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 โrecordโ 315% growth in year-on-year e-commerce sales, despite the pandemicโs impact on business at its Floral Street concept store.ย 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
Goldsmithsโ Company to launch ‘The Brooch Unpinned’ exhibition
The Goldsmithsโ Company has announced it is preparing to open a free exhibition, โThe Brooch Unpinned: The Goldsmithsโ Company Collection 1961-2021โ, at the Goldsmithsโ Centre on 12 April 2021. Subject to the governmentโs Covid-19 guidelines, the exhibit will celebrate the โart of the broochโ 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.ย The Luna collection is said to draw inspiration from the โdivine embodiment of the moon and the power of womenโ.ย The designer said the Luna Goddess โexpresses 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 companyโs e-commerce sales also rose by 68% over the winter period, citing its funding from HSBCโs 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 (ยฃ512m), a 53% rise against the prior year, on the back of โstrongโ demand recovery towards the year-end.ย For its full-year of trading, revenue was down only 7% RUB 221.5bn (ยฃ2.1bn).ย 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 โdecade of actionโ in its bid to reach its โ17 Sustainable Development Goalsโ, an initiative set up to combat climate-change related…
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3 March
Budget 2021: Chancellor unveils new ยฃ65bn support package
Chancellor Rishi Sunak has outlined a new ยฃ65bn 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 ยฃ10m for businesses. In what is Sunakโs second budget since he joined office in…
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