News
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Feb- 2018 -13 February
De Beers to sell Elizabeth Bay mine
Namdeb, a 50/50 partnership between diamond giant De Beers Group and the Namibian government, has announced it is seeking a buyer for its Elizabeth Bay mine in Namibia. The mine, which was commissioned in 1991 and is located near the town of Lüderitz, employs around 160 people and produced around…
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13 February
Breitling removes ‘sexist’ ads after backlash
Watchmaker Breitling has removed ads featuring women wearing ‘skimpy outfits’ after receiving complaints from customers. Some of the adverts portrayed “subservient women” acting as ground support for male pilots flying airplanes. The group also came under fire from customers for putting on a display a female mannequin sitting on a…
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12 February
Timex Group UK further expands its portfolio with Kenneth Cole Watches
Timex Group UK has further expanded its watch brand portfolio with the introduction of Kenneth Cole watches. The 35-year-old New York fashion brands’ designs are inspired by the city it was founded in. Duncan Harris, Timex sales and marketing director, said: “We are thrilled to be partnering with TWB Investments…
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12 February
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures. New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %). Despite footfall falling…
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9 February
Beaverbrooks’ CEO promoted to the board of directors
Beaverbrooks CEO, Anna Blackburn, has become the second ever non-family member to be promoted to the board of the company, taking on the new role of managing director. Blackburn joined the 99-year-old family jewellers as a graduate trainee in 1998, and after working her way up within the business, accepted…
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9 February
Goldsmiths unveils refurbished Jersey showroom
High street jeweller Goldsmiths has revealed its newly refurbished Jersey showroom, following a £50,000 investment. Located on the island’s capital of St. Helier, the store has been re-opened with a new shop-fit. The showroom itself has been situated on the corner of Queen Street for almost 20 years, and lies…
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8 February
Jeremy France raises over £10k for charity
Independent jewellers Jeremy France have raised over £10,000 for the charity, The Murray Parish Trust. Since October 2016, the retailer has been taking charitable donations for all jewellery polishing, alongside holding in-store events in order to raise the funds. Some of the 25-strong team located in Winchester also scaled Mount…
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8 February
Sotheby’s Diamonds unveils ‘exceptionally’ rare diamond
Auctioneers Sotheby’s Diamonds celebrated the first anniversary of its New Bond Street salon by unveiling a rare 102.34 carat white diamond. According to the group the stone is the only known round brilliant-cut diamond over 100 carats, and has been labelled as ‘perfect’ in colour, clarity and cut. The diamond…
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7 February
Newton Mearns jewellers closes after 45 years
The Eric N Smith jewellers in Glasgow will be closing its doors in April 2018 after attempts to find a buyer for business fell through. Owners Eric and Yvonne Smith told the the Herald Scotland that the difficulty in finding a buyer was because “Yvonne and I are the business”,…
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7 February
Israel Diamond exchange launches new Diamond Tech innovation centre
The Israel Diamond Exchange (IDE) has launched a new innovation centre, Diamond Tech, to host and support diamond related startup companies. Located within the IDE complex, the centre will help IDE promote new technologies that will bring added value to the diamond industry as well as to other sectors. Carats.Io,…
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