News
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Dec- 2024 -23 December
Petra Diamonds revenues drop 7% despite 17% rise in volumes
Petra Diamonds has reported a 7% drop in tender three FY 2025 sales to $71m (£56.6m) despite selling 700,803 carats, up 17% compared with the combined 600,161 carats sold in tenders one and two. The group stated that its sales were affected by a continued weak market across most size…
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20 December
Karina Brez unveils Stirr It Upp collection
Karina Brez has announced the launch of its Stirr It Upp collection, inspired by stirrups. The collection includes a stirrup created with 18K gold, diamonds, and gemstones. Each gemstone in Stirr It Up is carefully chosen to “highlight and enhance the craftsmanship of each design”. Karina Brez, founder, said: “My…
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19 December
Tatty Devine unveils ‘Party Like It’s 1999’ collection
Tatty Devine has announced the launch of its latest collection ‘Party Like It’s 1999’, just in time for New Year’s Eve. The brand stated that the collection was inspired by the vibrant energy of the late ’90s. The collection features “shimmering metallics, playful designs, and handcrafted details”. Pieces in the…
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19 December
BoE holds interest rates at 4.75%
The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation and wage growth. At its meeting this week, the bank’s monetary policy committee voted by a majority of 6–3 to maintain the current rate. Three members voted to reduce interest…
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18 December
Simon Harrison signs jewellery licence with Karen Millen
Simon Harrison has signed a jewellery license agreement with Karen Millen. As a result of the deal, the brand’s Spring/Summer 25 collection will be stocked in Karen Millen stores. As well as this, the new collection will be stocked in Next and Debenhams. This is the second licensing deal for…
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17 December
Dior unveils latest La Rose Dior additions
Dior has announced the launch of the latest additions to its La Rose Dior collection. The first of the additions is the Rose Dior Bagatelle, crafted in rose gold, a choker enhanced with a black velvet ribbon. Alongside this, the Bois de Rose creations, mono ear jewels and earcuffs, come…
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16 December
Footfall drops 3.1% in last fortnight
Footfall over the last two weeks ended 8 December has averaged -3.1% below the same weeks last year according to Rendle Intelligence and Insights. Moreover, footfall into stores last week dropped further behind 2023 than the week before (-3.3% last week vs -2.8%). Shopping centres fared worse than high streets…
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13 December
Toolally launches in John Lewis
British jewellery brand Toolally has announced its launch on JohnLewis.com with its Peacocks and Pearls collection. Available at John Lewis from the end of November, The Peacocks and Pearls collection is a nod to the colour palette and vibe of the late 60s and early 70s. The 23-piece jewellery collection…
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12 December
YSSO launches Mayfair pop-up
Greek demi-fine jewellery brand YSSO has announced the launch of The House of YSSO on New Bond Street, its first pop-up store in Mayfair which will be open until February 2025. The House of YSSO is open at 76 New Bond Street from 6 December 2024 to February 2025, with…
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11 December
Responsible Jewellery Council updates COP and COC standards
The Responsible Jewellery Council (RJC) has announced updates to its Code of Practices (COP) and Chain of Custody (COC) standards in its 5-year ISEAL mandated review. The COC standard has been updated to recognise three main types of eligible material for recycled metals: Pre-Consumer, Post Consumer, Waste and a mix…
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