News

Graff Diamonds acquires 323-carat diamond for £13.5m

British jewellers Graff Diamonds says it has acquired a 323.72-carat rough fragment of the Lesedi La Rona diamond. The rough diamond, which was mined in Botswana, was sold by Lucara Diamond Corp for $17.5m (£13.5m) last week to an undisclosed buyer. Graff Diamonds subsequently revealed that it had made the…

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Hallmarking down 13% compared to last year

Hallmarking figures for the month of April has shown a 13.2% decrease when compared to the same period last year. Figures from the Birmingham Assay office showed there was a decrease among all metals apart from silver, which saw an increase of 19.2%. There were 62,636 more silver pieces hallmarked…

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Registration opens for IJL

Free registration to International Jewellery London (IJL) has been opened in which early registrars can gain fast-track entry and early show planning for the event. Sam Willoughby, event director, said: “Early birds who register now for IJL 2017 can plan their show down to the last detail. Free entry is…

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Tag Heuer to open its largest UK store

Swiss watch brand Tag Heuer will be opening its largest UK store in Meadowhall, Yorkshire. The shopping venue, which is joint-owned by British Land, has undergone a £60m refurbishment program which included a £16m retailer investment. Some 42 brands have redesigned their stores in the renovation and Tag Heuer is…

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Kate Moss to launch jewellery collection

Kate Moss has teamed up with Brazilian jewellery designer Ara Vartanian for her first ever jewellery line. The limited edition collection has been designed by the model with the help of Vartanian, who she has been friends with since they met in Sao Paulo years ago. After visiting Vartanian’s store…

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Tiffany Faces Backlash Over ‘Political’ Trump Letter

Tiffany & Co faced a backlash from some of its customers after publishing a letter addressed to US president Donald Trump on its Facebook page. The letter – laid out in the Tiffany brand colours – read: “Dear President Trump, We’re still in for bold climate action. Please keep the…

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DiamondCorp goes into administration

DiamondCorp has announced that it has gone into administration, leaving the future of the company in the hands of practitioners. Stephen Cork and Jo Milner of London-based advisory firm Cork Gully are now joint administrators of the rough diamond company. In a statement released this week, it said that its…

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Alex Monroe Jewellery to share success secrets in free webinar with Brightpearl

Tom Graham, ecommerce manager of Alex Monroe, will take part in a free webinar discussing the company’s secrets to success and retail strategies. In the 30-minute session hosted by Brightpearl, Graham will tell attendees how the business transitioned to be completely cloud-based and how they have kept up with changing…

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1.4m jobs at risk as SMEs close, says business sale marketplace

Over 1.4 million jobs in the UK are at risk as hundreds of thousands of small businesses close within the next five years, according to a survey by business sale marketplace Bizdaq. The survey showed that companies are closing at an “alarming rate”, with 363,000 small business owners planning to…

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Minute and Azimut to feature at London Fashion Week Men’s

British watch brand Minute and Azimut will showcase their pieces at this year’s London Fashion Week Men’s. The upcoming brand will feature their Bisham range at the event, which come with a choice of alligator, calfskin and lizard straps. The Bisham watch is named after Bisham Woods in Berkshire and…

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