News
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Nov- 2019 -25 November
Louis Vuitton buys Tiffany for $16bn
Louis Vuitton (LVMH) has announced a “definitive” agreement with Tiffany and Co., whereby it will acquire the luxury jewellers for $16bn (£12.5bn), or $135 (£105) per share in cash. This is higher than the original offer, which proposed that each share was bought for $120 (£93), valuing Tiffany’s overall business…
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21 November
Scot Walker becomes sole owner of Parify Group
Scot Walker, founder of Parify Group Ltd, has revealed he has become the sole owner of the business after buying the outstanding shares from co-director Andy Twigg. Walker is said to have set the goal of growing within the jewellery sector within the UK and Europe in 2020. The company…
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21 November
Shakti Ellenwood opens first studio-store
Ethical jewellery designer Shakti Ellenwood has announced the launch of her first ever studio-store, set to open in Devon next week. The store, set in the village of Ashburton, follows the “cult” online success that her jewellery has garnered since she first launched her designs in 2000. Ellenwood is known…
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20 November
Seekd and Goldsmiths’ Centre announce Christmas pop-up
Seekd has announced the launch of a new pop-up store in partnership with the Goldsmiths’ Centre. The Christmas pop-up will showcase the work of 12 independent jewellers, each one “carefully selected” by Seekd. Traders will include Corrine Hamak, Elsa Tierney, Fraser Hamilton, Ellis Mhairi Cameron, Joy BC, Untold Jewellery, Natalie…
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20 November
Diamnet expands database with help of ‘Artificial Intelligence’
Diamnet has announced an update to its trading platform, which aims to connect retailers to dealers and manufacturers within the jewellery sector. Launched in 2018 by Howard Levine, former managing director of Chalfen of London, the platform provides retailers with a database of diamonds from suppliers around the world. Levine…
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20 November
Kimaï secures $1.2m in seed funding
Fine jewellery brand Kimaï has received $1.2m (£920k) in seed funding to invest in its use of ethical jewellery. The London-based jewellers, whose handmade pieces are crafted in Antwerp, champion “ethical and transparent” practices through the use of lab-grown diamonds and 18k recycled gold. Having grown up in diamond-trading families,…
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19 November
Burrells announce the launch of new collection
Independent jeweller Burrells has launched a new collection that will introduce five new lines from the brand. Each line will include earrings, necklaces, pendants and bracelets, and the unique pieces will be available in its four stores across the UK, as well as the Burrells website. The first of these…
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15 November
URSA launches pop-up boutique
Online jewellery retailer URSA has announced the launch of its first ever pop-up boutique. ‘Curated by URSA’ is set to launch on November 16 in London Fields, Hackney, and will mark the first in a series of pop-up boutiques to be hosted by the brand. The boutique will feature collections…
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14 November
Lebrusan Studio to offer recycled diamonds across its collections
Sustainable jewellery brand Lebrusan Studio has announced it will now offer recycled diamonds across its collections. The ethical jewellers said the offering forms “a conscious movement” towards greater use of recycled materials, as well as an “overall realignment and focusing” of their brand. The vintage diamonds will date back more…
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13 November
Nicholas Wylde announces plans for newly redesigned website
Independent jewellery retailer, Nicholas Wylde, has announced that his team are working towards the launch of a new website, as well as an “exclusive collection aimed at millennials”. The jeweller, who specialises in unique and bespoke pieces, announced that his media team are gearing up for the launch of their…
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