News
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May- 2016 -9 May
Leicester jewellers creates £225,000 Premier League trophy ring
Leicester-based Lumbers Jewellers has created a one-of-a-kind Premier League trophy ring, following the shock title triumph from underdogs Leicester City. The handcrafted ring – featuring a brilliant-cut diamond in excess of 5.01-carats and certificated as G colour and VS clarity – has been designed to represent the Premier League trophy.…
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9 May
Lucara sells rough diamond for record-breaking £43.5m
Diamond production firm Lucara has announced it has achieved the highest price ever achieved for the sale of a rough diamond. The 812.77-carat type IIa rough diamond, which was recovered from the Karowe mine in Botswana in november last year, has been sold by the company for $63m (£43.5m). As…
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6 May
Jewellery store manager recalls moment she chased off knife-wielding raiders
The manager of a jewellery store in Hampshire chased off two armed robbers after they tried to smash their way into the open store. The attempted smash-and grab took place at 10:50am on Wednesday, 27 April, at David Mellor Jewellers in Andover, when the two offenders approached the store on…
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5 May
W.E Clark & Son earns accreditation as Living Wage employer
Sussex-based jewellery retailer W.E Clark & Son has announced it has officially been accredited as a Living Wage employer. The Living Wage commitment will see everyone working at the company – regardless of whether they are permanent employees or third-party contractors – receive a minimum hourly wage of £8.25. This…
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5 May
Largest rough diamond discovered in 100 years could fetch £48m at auction
The largest rough diamond to be discovered in over a century could sell for more than $70m (£48m) at a Sotheby’s auction. The 1109-carat ‘Lesedi la Rona’ – the largest gem-quality rough diamond to be discovered in over a century and the largest rough diamond in existence today – will…
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4 May
Five arrested after smash-and-grab raid at shopping centre jewellers
Five men have been arrested after an attempted smash-and-grab raid at two jewellery stores in a North London shopping centre. Officers from the Metropolitan Police were called to the smash and grab raid at around 02:30am on Wednesday, 4 May, at Brent Cross shopping centre. It is believed that a…
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3 May
Polished diamond prices dip in April
Polished diamond trading slowed in April due to sluggish demand at the start of a seasonally-quiet period, according to the Rapaport Group. The group’s RapNet Diamond Index (RAPI) found the price of 1ct, GIA-graded diamonds, slipped 0.3% in April, while the price of 0.3ct and 0.5ct diamonds fell by 1.3%…
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Apr- 2016 -29 April
Allum & Sidaway appoints new jewellery design director
Jewellery retailer Allum & Sidaway has announced the appointment of Ivonna Poplanska as its new jewellery design director. A multi-award winning designer, Poplanska has had a 10-year career working on numerous bespoke commissions including the creation of the ‘The Eternal Dove’ brooch for Queen Elizabeth II, which was presented in…
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28 April
VIDEO: Man steals Rolex watches worth £28,000 from a Manchester jewellers
A man posing as a customer ran out of a jewellers in Manchester with two Rolex watches, valued at around £28,500. The man was caught on CCTV walking into a jewellery store in Manchester’s Arndale Centre on Saturday, 19 March, at around 6:35pm as he posed for a customer. The…
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28 April
Retail employment figures show sharpest decline since 2014
The number of full-time retail jobs in the first quarter of 2016 was down 0.9% compared with the same period last year, according to new data released today. The British Retail Consortium (BRC) and Bond Dickinson’s latest Retail Employment Monitor found that the job decline in the retail sector was…
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