News
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Feb- 2017 -10 February
NAJ secures 56 applications for membership in new Spring Fair recruitment drive
The National Association of Jewellers (NAJ) attracted a record number of membership applications during this year’s iteration of Jewellery & Watch in Birmingham. Applications came from across the whole supply chain including 17 suppliers, 17 designers, three international, one jewellery industry associate and 19 retailers. NAJ chairman, Simon Johnson, said: “I…
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8 February
Ruth Hallows wins Weston Beamor design competition
Ruth Hallows, a mature student at Birmingham City University (BCU), has been named as the winner of the annual jewellery design competition for students organised by Weston Beamor. Her win was announced by Patrick Fuller, chairman of Weston Beamor, on the company’s stand at the Jewellery and Watch show in Birmingham.…
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6 February
Polished diamond prices slide in January
The price of polished diamonds fell in January despite a buoyant rough market, according to the latest RapNet Diamond Index from the Rapaport Group. Rapaport said polished trading was cautious after a disappointed holiday sales period for jewellery in the US, while the rough market was driven by expectations that…
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3 February
Gold jewellery demand down 15% in 2016
Demand for gold jewellery across the globe fell 15% in 2016, despite an overall rise in demand for gold. The World Gold Council’s (WGC) latest Gold Demand Trends report found global demand for gold rose 2% in 2016 to 4,309 tonnes – the highest level since 2013. Demand was largely…
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1 February
TH March awarded ‘exceptional three-star’ rating for customer service
Chartered insurance broker TH March has been awarded an “exceptional three-star” rating by independent customer service assessor, Investor in Customers (IIC). IIC, which conducts research and investigates how well companies treat customers and staff, awarded the rating after talking to customers and staff of TH March, which is due to…
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Jan- 2017 -27 January
London jewellers set for sales boost as tourists celebrate Chinese New Year
Jewellery retailers in London could be set for a surge in sales this weekend (28 January) as Chinese tourists flock to the capital to celebrate the Chinese New Year. New data from Worldpay claims Chinese visitors could shell out more than £11m in London alone over the coming week, with…
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26 January
De Beers reports ‘good demand’ for rough diamonds
The De Beers Group of Companies has reported “good demand” for rough diamonds as sales jumped in the company’s first sales cycle of the year. Provisional sales, which includes global sightholder sales and auctions, stood at $720m (£573m) in its first of 10 sales cycles throughout the year. This was…
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25 January
First glimpse of Grand National trophy after hallmarking
The first glimpse of this year’s Grand National trophy has been released after the Goldsmiths’ Company Assay Office hallmarked it earlier this week. The announcement follows the news that, for the first time in the Grand National’s history, a new trophy will be designed every year during the horse race’s…
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23 January
Birmingham Assay Office set to appoint Doug Henry as new CEO
The Birmingham Assay Office (BAO) has announced the appointment of Doug Henry as its chief executive and assay master. The news comes after incumbent Stella Layton announced she would leave the role at the AnchorCert Group – comprising BAO, AnchorCert Analytical, AnchorCert Gem Lab, SafeGuard Valuations and AnchorCert Academy –…
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23 January
Petra Diamond revenue jumps 48% in first-half results
Petra Diamonds has announced that revenue jumped 48% for the first six months of its 2017 financial year. In a trading update for the first half of its 2017 financial year ending 31 December 2016, the diamond mining firm reported a revenue increase to $228.5m (£183m) – up 48% from…
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