News
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Dec- 2020 -21 December
RJC sets out ten year plan for SDG
The Responsible Jewellery Council (RJC) has launched ‘The Roadmap to 2030 and Beyond’ to help the organisation realise its sustainable development goals (SDG). The Roadmap to 2030 and Beyond will reportedly set out a clear pathway for the RJC and its members as well as find candidates for the SDG…
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21 December
Christie’s Luxury Market reports record online sales
Christie’s has seen an accelerated shift to online sales during the pandemic, with around 136 records being set across jewells, watches and handbag sales. During the pandemic, Christie’s saw a 41% increase in luxury lots sold in online auctions, a 82% rise in the number of luxury online sales and…
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18 December
Watches of Switzerland launches virtual boutique
Watches of Switzerland has announced that it will be using the Vee24 platform to create a ‘virtual boutique’ for customers seeking guidance and inspiration while shopping for luxury watch brands. The group said that following a surge in online sales since May 2020, it has “raised the bar” in how…
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18 December
Daniella Draper among big winners at UK Jewellery Awards
This year’s UK Jewellery Awards took place virtually earlier this week (16 December) and saw 20 businesses and individuals in the jewellery industry celebrate industry achievements over the past year. Among 2019/20’s winners were independent brand and retailer Daniella Draper, as well as multiple retailer Beaverbrooks, with both picking up…
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17 December
Furlough scheme extended until April 2021
The furlough scheme has been extended until the end of April 2021 with the government continuing to contribute 80% towards wages to employee’s pay, Chancellor Rishi Sunak has confirmed today (17 December). The government will also extend current government-guaranteed Covid-19 business loan schemes until the end of March. This includes…
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17 December
De Beers Group hits $440m in tenth sales cycle
De Beers Group has announced the value of rough diamond sales for the period 7 December to 16 December the tenth sales cycle of 2020 to be $440m (£323m), up from $426m (£313m) the year before. Despite the restrictions imposed by Covid-19during the period, De Beers said it has continued…
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17 December
Watches of Switzerland profits soar in half-year results
Watches of Switzerland has reported an increase in its half-year profits, with profit rising to £36.2m in the 26 weeks ended 25 October, up from a £9m loss reported the prior year. Total sales fell 2.6% on a constant currency basis to £428.7m in light of forced lockdowns and other…
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16 December
NAJ lobbies to support Birmingham’s jewellery quarter
The National Association of Jewellers has written to Birmingham’s mayor, as well as the MP for Birmingham Ladywood, calling for “urgent action” to support its members in the city’s jewellery quarter. David Doyle, the NAJ’s president, and the association’s chair Gary Wroe have urged for support to reverse the government’s…
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16 December
BAJ to hold auction in support of Stephen Lawrence Trust
British Academy of Jewellery (BAJ) has announced it will be holding a Valentine’s Auction in support of the Stephen Lawrence Trust from 21 January to 1 February 2021. The auction pieces will be sold through a silent auction, with bids being made by email. There will also be a minimum…
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15 December
Alkemistry launches personalised Iqra collection
The Alkemistry has announced the release of Iqra, a new “one-of-a-kind” collection which has a historical inspiration behind the pieces. Translating as “read” in Arabic, Iqra adopts an ancient engraving technique but with a contemporary twist. Customers can design their own unique necklace by choosing a gemstone and then personalising…
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