News
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Jun- 2017 -27 June
Cheap necklaces found to contain toxic metals
Some low cost necklace jewellery was found to have excessive levels of lead, cadmium or nickel release, according to a new survey. The study, carried out by London Trading Standards on low cost necklace jewellery found that in the worst cases parts containing 82% lead and 56% cadmium were found.…
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27 June
Samer Halimeh NY to launch world’s first ‘superyacht shops’
Diamond jeweller Samer Halimeh is set to launch ‘Bond Street on the sea’ shops in partnership with SSH Maritime superyachts. The new retail concept of summer boutiques will take place on four SSH Maritime superyachts – Chakra, Serenity, Grand Ocean and Omega. The jeweller has set up pop-up shops in…
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27 June
Darlena launches Puccini watch strap collection
Watch strap specialist Darlena has released new designs with the Puccini range. The third-generation, family business has updated its collection of Italian leather straps with the new inclusions. The range features leather straps from non-endangered species including crocodile, alligator ostrich and lizard. The collection is sold to retailers as a…
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26 June
Theo Fennell saved from administration with new investment
A month after its administration announcement, jewellery designer Theo Fennell has entered a management buyout with private equity investor Endless. The Telegraph reports that Enact, the SME investor managed by Endless, has put £5m into the business. The eponymously named brand was set up in 1982 and has since become…
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26 June
Signet Jewelers appoints Mark Graf to board of directors
Retailer Signet Jewelers has announced that its board of directors has appointed of Mark Graf as an independent director. Graf has 20 years experience in treasury, financial planning, accounting, corporate development and business line management. The news follows the retirement of Dale Hilpert from the board. H Todd Stitzer, chairman,…
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23 June
Hancocks London to showcase ‘rare jewels’ at Masterpiece London
Retailer Hancocks London is set to showcase some of its most “exceptional and rare jewels” at the upcoming Masterpiece London show. The premier showcase for art and antiques will take place on 29 June to 5 July and is aimed at buyers and collectors from all over the world. A…
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23 June
Paramedic tried to ‘attract users to jewellery business’ with photos of patients
An Essex based paramedic has been struck off for posting photos of patients to Instagram in a bid to boost his jewellery business. Simon Williams, from Clacton, posted 24 pictures to Instagram which identified his patients and their conditions, reports Colchester Gazette. His online jewellery business had been struggling and…
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22 June
De Beers to consider investing in start-ups
De Beers Group announced the launch of De Beers Ventures, which has been set up to actively consider the acquisition of minority stakes in start-ups and growth companies. The new initiative will consider small investments in areas that may include downstream distribution, consumer brands, marketing platforms, security, cutting and polishing,…
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22 June
Etsy cuts its workforce by 15% following profit loss
Etsy has announced it will be cutting 140 positions, or approximately 15% of its total work force to ‘improve results’. The hand-made gift retailers, which is popular among jewellery makers, reported $421,000 (£332,505) in losses during the first quarter of the year, down from more than $1m (£789,800) the same…
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22 June
Gold hallmarking continues to drop as silver remains strong
The number of gold articles hallmarked in the month of May reported a 14.1% drop when compared to last year’s figures. Figures from the Birmingham Assay Office suggest that silver showed a growing strength with a 24.1% increase in hallmarked articles when compared to the same period last year. Platinum…
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