News

Polished diamond prices increase in November

Polished diamond prices increased in November, despite a slowdown in trading as Indian liquidity dried up and manufacturing shut down for Diwali. The latest RapNet Diamond Index (RAPI) from the Rapaport Group sentiment improved as the month began, with stock markets rallying to record highs on Thanksgiving weekend (28 Nov)…

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Jewellery worth £35,000 stolen from Gainsborough jewellers

Jewellery worth £35,000 was stolen from a jewellers in Gainsborough during a Christmas-lights switch on event in the town. The theft took place at some point between 7.30pm and 8pm on Friday 18 November, when a diamond necklace and five diamond rings were stolen from Stanley Hunt Jewellers in Marshalls…

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Shop prices fall for 43rd consecutive month

Shop prices fell 1.7% in November, the 43rd consecutive month of declines and unchanged from October’s rate of deflation. The latest British Retail Consortium (BRC) and Nielsen Shop Price Index also revealed non-food deflation accelerated to 2.3% during the month from the 2.1% recorded in the previous two months –…

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14-carat Kashmir sapphire fetches £1.38m at auction

An “extremely rare” Kashmir sapphire single-stone ring has gone under the hammer for £1.38m. The 14.13-carat stone was the subject to “fierce bidding” at the Bonhams Fine Jewellery sale in London on Sunday 4 December, selling for more than its pre-sale estimate of £600,000 to £800,000. Jean Ghika, head of…

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Jewellery industry celebrated at NAJ 2016 awards

The winners of the National Association of Jewellers (NAJ) awards were unveiled last night (1 December) at the annual Jewellery & Giftware Benevolent Ball. The ceremony, which welcomed 370 guests, was held in Solihull and aims to celebrate “all that is excellent” about the UK’s diverse jewellery industry from its…

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Allum & Sidaway opens Salisbury flagship store

Jewellery retailer Allum & Sidaway has opened a new flagship store in Salisbury city centre. Having been in Salisbury for over 40 years, Allum & Sidaway’s new store is located in a grade II-listed building and spread across two floors. Across two floors, it will showcase fine jewellery, a brand…

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Hancocks named ‘North West Jeweller of the Year’ at wedding awards

Hancocks Jewellers has been named the ‘North West Jeweller of the Year’ at the inaugural English Wedding Awards. The manchester-based company scooped the award at a ceremony on 14 November at the Mercure Piccadilly Hotel, with more than 100 businesses from across the country in attendance to celebrate the occasion.…

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Chisholm Hunter to open £8m jewellery store in Edinburgh

Luxury jeweller and diamond specialist Chisholm Hunter is set to open a new £8m jewellery store on Edinburgh’s Princes Street in early December. The premises will have approximately 10,000 square foot of retail space spread across three floors and will include a champagne bar and designated Swiss timepiece room, as…

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WB The Creative Jewellery Group scoops engineering award

WB The Creative Jewellery Group was one of a select group of companies to be honoured in the Midland’s heat of the 2016 ‘EEF Future Manufacturing Awards’.  The company was named runner-up in the Business Growth category of the awards – staged by the Engineering Employers’ Federation – during a…

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Endless International confirms bankruptcy

Danish charm bracelet brand Endless International has confirmed it has filed for bankruptcy in Germany, where the company is registered. In a statement, the company said its shareholders, board of directors and management have reached the conclusion to declare the company bankrupt. The announcement follows the company’s announcement in February…

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