News

EC One partners with Natalie Perry Jewellery

Ethical jewellery designer, Natalie Perry, has partnered with jewellery boutique, EC One – the designer’s first bricks and mortar stockist in London. The boutique, based in London’s iconic Exmouth Market, has a collection of 12 pieces from the Floral Fragments range in both 9ct and 18ct fairtrade gold, which includes…

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Gemfields Singapore Emerald auction generates $24.8m

Gemfields has announced the results of an auction of higher quality rough emeralds held in Singapore from 14 – 17 November 2018, with revenues totalling $28.4m (£22m). The emeralds were extracted by Kagem Mining in Zambia, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of…

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Sotheby’s sells ‘most expensive watch’ at auction in 2018

Sotheby’s Geneva has sold ‘The Asprey’ for CHF 3,915,000 (£3m), making it the most expensive watch auctioned this year. The timepiece was manufactured in 1952, and according to the group was the “star lot of an exceptional selection of world-class vintage wristwatches”. The auction attracted over 900 bidders from 54…

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Raw Pearls celebrates diamond and pearl range success with exclusive offer

Raw Pearls is celebrating the success of its new diamond and pearl range by launching an upcoming exclusive offer for its customers to mark the occasion. The group will be offering its customers a 10% discount on any order from its diamond and pearl collection, which will run from the…

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Goldsmiths’ Company Charity to fund new Cambridge research in precious metals

The Goldsmiths’ Company Charity is to support three new PhD studentships at Cambridge University in order to advance research in precious metals and help develop new technical expertise. The Goldsmiths’ Company programme in precious metals research, which will be based at Cambridge’s Department of Materials Science and Metallurgy, will build…

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Beaverbrooks operating profit increases to £13.7m

Operating profit before discretionary payments at Beaverbrooks the Jewellers increased to £13.7m during the 53 weeks ended 3 March 2018, its newly published accounts reveal. The company’s annual report and financial statements showed a £1.4m operating profit increase from £12.3m to £13.7m in the 2017/18 period. Annual turnover also increased…

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Strong double-digit growth for gold and platinum in October hallmarking

Hallmarking increased by an average of 1.6% in October 2018 compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office. This was supported by double-digit growth in gold, increasing by 60,849 to 509,390 hallmarked pieces, and platinum, rising by 4,593 to 28,652 items…

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Winston Pink Legacy sold for £38.5m at Christie’s Geneva

The Winston Pink Legacy diamond has been sold for €44,423,358 (£38.5m) at Christie’s November Luxury auction in Geneva. Registered bidders from 51 countries, across six continents, participated in the ‘Magnificent Jewels’ sale. The Winston Pink legacy, the largest and fancy vivid pink diamond ever offered at auction by Christie’s, realised…

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Historic Chester jewellery store saved from closure

Lowe & Sons, located in Chester, has been saved from closure after its lease was bought by Powells Fine Jewellery, and is set to reopen on 16 November 2018. The independent and historic jewellery store has been trading in the region since 1770 and has occupied its existing premises in…

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Jewellery & Watch to host ‘consolidated’ 2019 show

The Jewellery & Watch exhibition has announced a ‘consolidated 2019 show’, as its new owner, ITE Group, develops a plan to boost the show in 2020. Having purchased the exhibition and its sister show, Spring Fair, in May 2018, the exhibitions and conferences organising firm has outlined plans to grow…

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