News
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Nov- 2020 -27 November
Tiffany and Co Q3 performance beats expectations
Tiffany and Co has managed to beat expectations by reporting a net sales decrease of only 1% to $1.008bn (£756m) compared with $1.014bn (£760m) last year in its third quarter financial statement ending 31 October 2020. The jeweller said the decrease was attributed to cost management schemes and the ongoing…
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27 November
TAG Heuer partners with Bamford on exclusive Aquaracer timepiece
TAG Heuer has partnered, once again, with Bamford Watch Department to create an exclusive Aquaracer timepiece. The new watch is equipped with the Calibre 5 Automatic movement and limited to just 1,500 pieces. Back in 2018, TAG Heuer and Bamford came together to create a “special version” of the Monaco…
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26 November
Beaverbrooks reports annual turnover rise of 12.4%
Beaverbrooks has released its latest financial statement for the full year to 29 February 2020, which saw its annual turnover increase 12.4% to £143.2m from £127.4m last year, reflecting the sixth consecutive year of growth for the organisation. During the same period, the jewellery company also reported its operating profit…
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26 November
Time and More UK announces watch expansion
Time and More UK has announced the further expansion of its portfolio which will include the introduction of Roamer of Switzerland watches, Jacques Du Manoir and JDM Military. The brands will be exclusively distributed in the UK in December 2020. Roamer of Switzerland, which was founded in Solothurn, Switzerland in…
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26 November
New Tier system announced
The Government has announced a new Tier system for when England leaves lockdown on 2 December, with only areas in Tier 1 allowed to revert back to the ‘rule of six’. Making the announcement to the House of Commons, health secretary Matt Hancock revealed that the new Tier 3 restrictions…
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26 November
De Beers partners with Diacore for diamond purchase
De Beers Group and Diacore have teamed up for the purchase of five rare blue diamonds from the Cullian diamond mine. The diamonds total 85.62 carats altogether, with the largest a 25.75 carat diamond. They sold for a total purchase price of $40.3m (£30.1m) which was split equally between the…
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25 November
Kimaï launches Unity bracelet for men
Kimaï jewellery has just launched the Unity bracelet for men, made from 18k solid gold with a cord band. The piece is available to purchase in different colours and is priced at £325. A brushed gold version is also available in yellow, rose, and white gold with prices ranging from…
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25 November
Ghandi’s pocket watch sells for £12k at auction
A silver plated Swiss pocket watch, once owned by Mahatma Gandhi, has sold for £12,000 at East Bristol Auctions last Friday (20 November). The “worn and broken” timepiece, originally estimated to sell for up to £10,000, follows a sale of a pair of glasses, also believed to have been Ghandi’s,…
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24 November
Synova brings DaVinci diamond system to market
Synova has launched the DaVinci system, a diamond shaping solution which transforms rough diamonds into “brilliantly” cut diamonds with up to 57 facets in a single operation. The polishing process within the machine reportedly creates a “smooth final step” to remove remaining thin black carbon layers. Customers are presented with…
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24 November
Zeemou Zeng reveals The Impressionists collection
Zeemou Zeng has revealed his new jewellery collection, The Impressionists, ahead of the holiday season. The collection of earrings and rings is inspired by Impressionist artists, such as Monet, Seurat, Renoir and Manet. The designer selected particular gemstones that echo these Impressionists’ colour palettes to mirror some of the masterpieces…
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