News
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Jan- 2018 -12 January
Partnership with retailers drives digital growth for Adore Jewellery
Adore Jewellery has grown its digital presence thanks to partnerships with some of the UK’s largest retailers. The Swarovski Group brand said it has seen increased online sales following a partnership with jewellery e-tailer The Watch Shop, and national department stores Debenhams and House of Fraser. Following the partnerships, Adore…
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12 January
Shoppers make 80% of retail purchases online
Online shoppers in the UK make 80% of their retail purchases online, up from 74%, according to a new report. The Royal Mail’s ‘Delivery Matters’ report found that the proportion of money being spent online has increased year on year. The average online shopper spends £40 each month on clothes…
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11 January
Investors flee Pandora in 15% share price fall
Pandora’s shares have plummeted by almost 15% in January so far, the largest drop in market capitalisation the company has seen in six years. The bracelet and charms jewellery brand reported 2017 sales of 22.8bn Danish crowns (DKK) (£2.6bn) were up by 15% in local currencies, but below its…
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11 January
Dell and Nikki Reed to harvest gold from old laptops for new jewellery line
Computer giant Dell and actress, entrepreneur and activist Nikki Reed have announced a jewellery collaboration in support of the sustainable design movement. The ‘Circular Collection’ by Bayou with Love and Dell is a new, limited edition jewellery collection made in the US and sourced from gold recovered from Dell’s recycling…
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11 January
Jewellery worth €4.5m stolen during armed heist at Ritz Paris hotel
Armed robbers made off with an estimated €4.5m (£4m) worth of jewellery in a smash-and-grab heist at the Ritz Hotel in Paris. According to The Guardian five masked men entered the hotel armed with knives and hatchets at 6:30pm on 10 January 2018, using axes to smash several display cabinets…
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10 January
Gemfields and Fabergé unveils ‘world first’ laser inscribed emerald
Gemstone supplier Gemfields and fine jewellery specialists Fabergé have unveiled what they claim is the world’s first laser-inscribed emerald. The 4.11 carat, green emerald-cut gemstone was mined at Gemfields’ Kagem emerald mine in Zambia. It was then acquired and mounted by Fabergé as a custom-crafted item for the winner of…
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10 January
Investment boosts online sales for Buckley London
Fashion jewellery brand Buckley London has announced that it increased its online sales by 29% compared to the previous year. It attributed this growth to investment in the ‘customer journey’ over the last 12 months, saying it has implemented a host of improvements in 2017 to further enhance the shopping…
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9 January
UK retail sales show marginal growth over Christmas
UK retail sales showed less growth over Christmas than they did last year, according to figures from the British Retail Consortium (BRC). Retail sales increased by 0.6% on a like-for-like basis from December 2016, which was a decline compared to an increase of 1.0% from the preceding year. Over the…
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8 January
Gem-A invites prospective students to open evening event
The Gemmological Association of Great Britain (Gem-A) has announced its first open evening of 2018, letting students explore its London teaching centre. Guests interested in the association’s gemmology foundation, gemmology diploma and diamond diploma courses will be able to speak with tutors, explore the teaching facilities and listen to a…
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4 January
EU new Kimberley Process chair for 2018
The European Union (EU) has taken over the chairmanship of the Kimberley Process for 2018, under the leadership of Italian politician Federica Mogherini. The EU will head the international initiative to stem the trade in conflict diamonds during 2018. Kimberley is a process started in 2003 following the United Nations…
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