News
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Jul- 2016 -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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7 July
W.E Clark & Son nominated for best independent retailer in local awards
Sussex-based jewellery retailer W.E Clark & Son has been nominated for ‘Best Independent Retailer’ at the Lewes District Business Awards 2016. The awards, which will take place on 14 July at Lewes Town Hall, aim to celebrate excellence among the district’s business community and will see around 200 of the…
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6 July
ACID named ‘IP Champion’ on first British IP Day
Anti Copying in Design (ACID) has been named at the first-ever UK ‘IP Champion’, at an event in Westminster yesterday (Tuesday, 5 July). The award – handed out on the first British IP Day, launched by the Alliance for Intellectual Property – recognises a person, organisation or campaign that has…
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6 July
Shop prices fall for 38th consecutive month
Shop prices fell 2% in June, the 38th consecutive decline and a deepening from the 1.8% price fall recorded in May. That’s according to the latest British Retail Consortium (BRC) and Nielsen Shop Price Index, which revealed the fall was lower than the 12-month average decline of 1.8%. Non-food deflation…
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5 July
Brexit fuels uncertainty as polished diamond prices slide in June
Polished diamond prices fell in June and sentiment softened after “relatively weak” Las Vegas and Hong Kong shows, according to the Rapaport Group. The group said steady US demand supported the market but overall demand was sluggish, with Britain’s decision to leave the EU, the US election and continued weakness…
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4 July
8 arrested following spate of jewellery store robberies in West Yorkshire
Eight people have been arrested following a series of three jewellery store robberies across West Yorkshire. Jewellery stores were targeted in Hebdon Bridge, Halifax town centre and in Brighouse over a seven day period from 24 June to 30 June. Kingston Diamond Merchants, Duranczyk T&G and Neimantas Jewellers were all…
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Jun- 2016 -30 June
Largest diamond discovered in a decade fails to sell at auction
The world’s largest rough diamond found in a decade has failed to sell at a London auction after bids did not reach the minimum reserve price. The 1109-carat ‘Lesedi la Rona’ – the largest rough diamond in existence today – was uncovered by diamond production firm Lucara in November 2015…
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28 June
Jacobs the Jewellers names ‘Young Designer’ award winners
Reading-based Jacobs the Jewellers has announced the winners of its annual ‘Young Designer’ competition. The competition, which is held in association with the Bishopsland Educational Trust, HS Walsh and the Worshipful Company of Goldsmiths, saw four young jewellery designers at Bishopsland – a jewellery design postgraduate course provider – showcase…
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28 June
Rough diamond demand stable in fifth sales cycle, says De Beers
The De Beers Group of Companies has announced rough diamond demand is stable in its latest sales cycle. Provisional sales for the company’s fifth sales cycle of 2016 stood at $560m (£420m). This was down on the $636m (£473m) raised in its fourth sales cycle of the year, but De…
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