News
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Jan- 2021 -12 January
Lucapa’s Mothae diamonds sell for £4.1m
Lucapa has announced that a parcel of 4,676 carats rough diamonds from the Mothae kimberlite mine were sold for a total of $5.6 million (£4.1m). The diamond sale marks the largest carat price received from the Mothae mine in its history with the company. The sale included a number of…
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12 January
NAJ moves June summit to September
The National Association of Jewellers (NAJ) has decided to further delay its all-encompassing membership event due to the ongoing Covid pandemic. The event has already been postponed from September 2020 until June 2021, with the summit now taking place 11-13 September later this year. The summit includes the Retail Jewellers’…
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11 January
Gembridge to protect customers with launch of new escrow account
Gembridge has announced it has opened a U.S. dollar-based escrow account with a Singaporean banking group to provide safe transactions for global buyers and sellers. Gembridge is a regulated marketplace for certified gemstones, pearls and jewellery for a verified community of buyers, sellers and consignees. The company said it will…
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11 January
Tag Heuer appoints Tommy Fleetwood as new brand ambassador
Tag Heuer has appointed five-time European Tour winner Tommy Fleetwood as its new brand ambassador. The British professional golfer will represent the luxury watch brand’s new Connected watch Golf Edition. Fleetwood will represent the luxury smartwatch and will work closely with the Tag Heuer Connected team’s software engineers in Paris,…
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8 January
Fellows to auction historic Russian Imperial Guard locket
Fellows auction house is set to sell a historic Russian Imperial Guard miniature helmet locket from former Fabergé head workmaster for an estimate of £1,800 – £2,400 on 21 January 2021. The 1885 locket depicts the headwear of the Imperial Guards’ Horse Regiment in the Russian Empire. The designer, Erik…
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8 January
LVMH completes Tiffany & Co acquisition
LVMH, the luxury products retail group, has announced its acquisition of luxury jeweller Tiffany and Co. The sale is set to transform LVMH’s Watches and Jewellery division and complement the group’s distinguished Maisons. Following the closure of the deal, LVMH also announced several leadership appointments, including Anthony Ledru, the former…
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7 January
Menē sees end of year revenues up 64%
Menē has revealed a 64% year-on-year increase in revenue to $21.3m (£15.6m) for the fiscal year ended December 31, 2020 from $13.06m (£9.6m) last year, despite the impact of Covid-19 and lockdown restrictions. The global online 24 karat jewellery brand sold 72,900 cumulative units and received 15,885 customer orders, with…
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7 January
CuleM Watches launches January ‘Unsale’
Celem Watches has launched its January ‘Unsale’ this week which, in lieu of discounts, sees the brand doubling its donations to charity partners and accelerating the expansion of its CuleM Forest for each watch sold. The Swiss watch manufacturer has the initiative to set a new, sustainable standard for the…
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6 January
Peter Taylor awarded MBE for services to jewellery industry
Peter Taylor, director of the Goldsmiths’ Centre, has been awarded with a MBE for services to the jewellery and silversmithing industry. Founded by the Goldsmiths’ Company in 2007, the Goldsmiths’ Centre is the UK’s leading charity for the professional training of goldsmiths. Taylor is a key figure in the establishment…
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6 January
Lucara diamond mine renewal approved
Lucara has announced that the application for the renewal of its Karowe mining licence has been approved for a period of 25 years. The new licence will allow Lucara to continue mining for diamonds until 2046 and marks a “critical step” in the formal sanction of the Karowe underground expansion…
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