News
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Jul- 2016 -15 July
Hatton Garden BID given green light
The businesses of Hatton Garden have voted overwhelmingly in favour of establishing a Business Improvement District (BID) to deliver improvements across the area. Some 79% of businesses voted yes at the ballot (83% by rateable value), endorsing the £2.5m investment plan set out earlier this year by the Hatton garden…
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14 July
VIDEO: Shotgun-wielding robbers steal £200,000 from Lancashire jewellers
CCTV has captured the moment masked raiders, armed with a sawn-off shotgun and a handgun, terrified staff in a £200,000 jewellery store heist in Rawtenstall, Lancashire. The robbery took place shortly before 9am on Monday (July 11), when two masked men wearing dark clothing and balaclavas approached two female members…
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13 July
Rio Tinto to sell world’s first red diamond coin
Mining firm Rio Tinto has unveiled what is believed to be the world’s first coin to feature a rare red diamond. Known as ‘The Kimberley Treasure’ and for sale at AU$1 million (£574,000), the collectable piece has been crafted from one kilogram of 99.99% fine gold and features a radiant-cut…
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12 July
BRC: Jewellery and watch sales grow in June
Jewellery and watch sales continued to grow in June, according to the latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG. The monthly research found jewellery and watches to be the third best performing sector, out of 12, as both like-for-like and total sales increased in the…
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11 July
National Living Wage has ‘not led to job losses’
The introduction of the National Living Wage (NLW) has not resulted in mass job losses, according to a new study released today (11 July). The report, published by the Resolution Foundation, found employers have responded to the NLW by raising prices (36%) or reducing profits (29%) rather than cutting jobs,…
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11 July
De Beers CEO highlights importance of partnerships
The new chief executive officer of De Beers, Bruce Cleaver, has highlighted the importance of relationships with the company’s partners, saying they are the “cornerstone of the business”. In a blog for the company’s website, Cleaver, who was recently appointed to the position, said: “De Beers holds a unique position…
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11 July
Thieves steal £14,000 from Suffolk pawnbrokers after chiselling through wall
Thieves have made off with jewellery worth around £14,500 from a Suffolk jewellers after reportedly chiselling through a brick wall. Around two or three thieves broke into an area behind a neighbouring pet shop on Bevan Street in Lowestoft, before spending an hour chiselling through a solid brick wall to…
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8 July
The British Craft Trade Fair to launch first London exhibition
The British Craft Trade Fair (BCTF), which takes place in Harrogate, has announced the launch of its inaugural London exhibition. The autumn exhibition, which will take place on Sunday 11 to Tuesday 13 September, will be located at the Old Truman Brewery, Brick Lane London. The fair will still continue…
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8 July
NAJ Awards open for nomination
The National Association of Jewellers (NAJ) has announced its annual awards ceremony is now open for nominations. It’s second awards since the association was formed from a unification between the National Association of Goldsmiths (NAG) and the British Jewellers Association (BJA), businesses within the industry will be nominated across seven…
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8 July
Strong auction results for Fellows despite ‘Brexit anxiety’
Fellows Auctioneers has reported an “impressive” hammer sale of £276,976 at its jewellery auction held on Thursday, 7 July. More than 1,500 lots were available at the sale with 72% being told. The auction house said the most “encouraging” thing was the comparison with its sale two weeks earlier –…
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