News
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Jun- 2020 -4 June
LVMH retreats from Tiffany takeover
Luxury powerhouse LVMH has announced that it will no longer go ahead with its proposed takeover of Tiffany & Co in light of “recent market rumours” amid the pandemic. LVMH had initially announced a “definitive” agreement with the luxury jewellers last November, whereby it outlined its intention to acquire the…
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3 June
Bybiehl launches first 100% recycled silver-and gold collection
Jewellery brand Bybiehl has announced the launch of its first collection in 100% recycled silver-and gold. The new collection consists of designs in the Jungle Ivy and Wave collection. The Jungle Ivy collection is inspired by wildlife and the environment. Moving forward all future collections will be produced in gold…
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3 June
Biggest decline in shop prices since 2006
May shop prices tumbled at the fastest rate of decline since 2006, falling by 2.4% against a 1.7% decrease in April. This was “largely” driven by a sharp fall in non-food prices, which fell “sharply” by 4.6% in the period, compared to a decline of 3.6% the month prior. This…
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3 June
Diamond markets begin to regain traction
Diamond trading is once again starting to regain traction, according to the latest data from diamond group Rapaport. Its latest report revealed that polished prices were stable in May despite “minimal” trading, with business limited to online platforms. The latest RapNet Diamond Index for 1-carat diamonds also rose 0.2% during…
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3 June
Hiring starts to pick up in retail industry as lockdown eases
Hiring has started to pick back up in the retail industry last month, with job vacancies advertised increasing by an impressive 27.1% month-on-month, according to the latest data from CV Library. The study looks at job market data throughout May and compares this with figures from the previous month (April…
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2 June
Lark & Berry launches bespoke engagement ring service
Lark & Berry has announced the launch of a new bespoke design guide offering customers the chance to design their own ring. The move follows on from the sustainable brand’s recent launch of direct-to-consumer engagement ring options in order to meet increasing demand. The brand’s website has seen a 900%…
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2 June
Hublot launches Big Bang e timepiece
Hublot has announced the launch of the Big Bang e, described as a connected watch equipped with the latest technology. It is the newest embodiment of its previous Big Bang model. The Big Bang e is available in a 42 mm case, made from either titanium or ceramic. The hour…
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2 June
DPA rebrands as the Natural Diamond Council
The Diamond Producers Association (DPA) has unveiled its rebranding to ‘Natural Diamond Council’ (NDC) with a new consumer facing identity and digital platform called ‘Only Natural Diamonds.’ As an industry authority, the NDC said it will continue to “invest in advertising globally but will also become the go-to digital publisher…
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2 June
NAJ releases online courses for jewellery industry
The National Association of Jewellers has published two training courses to help retailers, manufacturers and suppliers within the industry demonstrate compliance with its issued guidance. The two courses include one course for retailers and one for course suppliers. Both have been produced using the association’s four-step ‘people first’ Covid-19 guidance,…
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1 June
Christie’s launches new auction calendar for summer
Christie’s has announced the new auction calendar for June and July across its luxury categories. The revised calendar includes the rescheduled Geneva, Hong Kong, and New York luxury weeks, and features a wider offering of live and online sales across its global sites in Paris, Hong Kong, Geneva, New York…
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