News
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Aug- 2020 -12 August
Hong Kong Watch and Clock Fair cancelled
Organisers for the Hong Kong Watch and Clock Fair have confirmed that the event will no longer go ahead, following tightened restrictions in the area. It comes as the Hong Kong Special Administrative Region Government tightened its disease prevention and control measures, and extended entry restrictions for incoming visitors until…
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12 August
Auverture launches raffle for Beirut
Auverture has announced its support of the urgent relief efforts in Beirut through a fundraising raffle. The move comes after a giant explosion rocked the Lebanese city on 4 August, killing at least 200 people and injuring 5,000 more. Auverture notes that several of its designers come from Beirut, and…
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12 August
UK in recession following 20% GDP slump
The UK economy has entered into a technical recession following a “record” fall in gross domestic product (GDP) during the second quarter of the year. According to the Office for National Statistics, GDP slumped by 20.4% between April and June 2020, compared with the 2.2% drop seen during Q1 2020…
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11 August
Rotary Watches marks 125th anniversary with new release
Rotary Watches is marking its 125th anniversary with the launch of its new Ultra Slim timepieces. Ultra Slim is one of the principal collections from Rotary Watches. The slim timepiece has a 5.7mm of case profile, alongside “sophisticated” design details. The new collection was influenced by Rotary’s past vintage designs.…
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11 August
Appeal launched after £22,000 worth of jewellery stolen
Surrey Police have issued a CCTV appeal after £22,000 worth of jewellery was stolen from a Reigate jewellers in a “distraction burglary”. Officers were called to Philip Lloyd Jewellers in Reigate town centre following reports of the burglary, which took place on 18 July. According to the police, the young…
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11 August
De Beers publishes diamond industry insights
The CEO of De Beers Group has shared a range of key insights for the diamond trade ahead of the 2020 holiday season, as well as in the context of Covid-19. The insights are based on the findings of comprehensive consumer research taken across the US, China and India, with…
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11 August
Retail sales rise for second month in a row
Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month of growth since the start of the pandemic. According to the latest BRC-KPMG retail sales monitor, UK retail sales increased by 4.3% in the month against the year prior, following…
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10 August
Tag Heuer launches limited edition timepiece
Tag Heuer has announced the release of a new special edition Formula 1 timepiece to honour the 104th Indianapolis 500. The latest release is a celebration of 16 years as the ‘Official Timekeeper’ of the IndyCar Series and the 104th Indianapolis 500 race, and the special-edition timepiece “honours its long-standing…
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10 August
Alrosa unearths 236-ct diamond
Almazy Anabara, a subsidiary of the Alrosa Group, has unearthed a 236-ct rough diamond of “intense” yellow-brown colour in Russia. The diamond was extracted from the Ebelyakh mine in Yakutia, and is the largest natural colour rough diamond ever found in the country. The diamond’s dimensions are 47x24x22 mm, and,…
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10 August
Bath goldsmith upgrades premises
Goldsmith and jewellery designer, Tina Engell, has announced the opening of a new combined workshop and retail space in the centre of Bath. The move to a larger premises will see her join a “number of creative independent businesses who are based in the buzzing artisan quarter”. Following the move,…
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