News
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May- 2016 -5 May
Largest rough diamond discovered in 100 years could fetch ยฃ48m at auction
The largest rough diamond to be discovered in over a century could sell for more than $70m (ยฃ48m) at a Sotheby’s auction. The 1109-carat โLesedi la Ronaโ – 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 groupโs 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 ยฃ28,000 from a Manchester jewellers
A man posing as a customer ran out of a jewellers in Manchester with two Rolex watches, valued at around ยฃ28,500. The man was caught on CCTV walking into a jewellery store in Manchesterโs 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 Dickinsonโs latest Retail Employment Monitor found that the job decline in the retail sector was…
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27 April
Industry financing to top agenda at World Diamond Congress
โCriticalโ information on financing for the diamond industry will be at the top of the agenda at the 37th World Diamond Congress to be held in Dubai on 16-19 May. The biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) will have…
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26 April
Phillips to expand international watches team
Auction house Phillips has announced a โsignificantโ expansion to its team of international watch specialists, with new roles in New York, Geneva and Hong Kong. The new appointments include Douglas Escribano as senior international specialist in New York; Amy Chow as senior specialist in Hong Kong; and Alex Ghotbi as…
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26 April
Petra Diamonds revenue soars 25% in Q3 results
Petra Diamonds has announced its revenue rose 25% to $120.5m (ยฃ82.9m) in the third quarter (Q3) of the 2016 financial year, when compared with the same period in 2015. In its latest trading update for the period from 1 January to 31 March, Petra said its revenue was pushed up…
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25 April
IJL unveils 2016 KickStarter line-up
International Jewellery London (IJL) has announced the names this yearโs ten most promising, and emerging, designers selected to be part of its annual KickStart Bursary Programme. The 10 winning designers will benefit from exhibiting as a group at this yearโs show, while receiving market and industry support from IJL and…
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