News
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Jan- 2016 -25 January
Petra Diamonds revenue falls 28% in first-half results
Petra Diamonds has announced that revenue for the first six months of the financial year – ending December 31 – fell 28% to $154m (£108m). The fall in revenue was despite a 2% increase in production to 1,629,403 carats – compared with 1,601,069 carats in the same period last year…
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22 January
2016 ‘likely to be volatile’ claims De Beers CEO
De Beers Group chief executive, Philippe Mellier, warned of likely “volatility” in the diamond industry in 2016. Addressing a sightholder reception on Wednesday, Mellier said despite “encouraging signs” in the industry at the start of 2016, the recovery in the diamond sector remained “delicate” and there there is likely to…
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21 January
Edblad launches new ‘experimental’ brand
Swedish brand Edblad has announced the launch of what it calls a new ‘experimental’ brand – Edblad LAB. The company said that the brand, which debuts with a silver and gold collection, aims to test and try out new materials, techniques and designs in order to “develop and breathe life…
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20 January
Tiffany & Co sales rise in the UK despite disappointing festive period
Tiffany & Co has reported an increase in sales in the UK despite a Christmas holiday period many found disappointing. For the two month period ending 31 December, Tiffany said on a constant exchange rate basis worldwide net sales declined by 3%, while same-store sales declined by 5%. Declines in…
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20 January
NAJ to propose Simon Johnson as chairman
The National Association of Jewellers (NAJ) says its current vice-chairman and co-owner of retail jeweller Marmalade, Simon Johnson, will be proposed as its new chairman at the next annual general meeting. At the association’s first meeting of 2016 – held on 14 January at the Birmingham Assay Office – current NAJ…
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20 January
BCU student’s jewellery collection goes on sale at Argos
A first-year student from Birmingham City University’s (BCU) School of Jewellery has seen her ‘Wishes’ collection go on sale in Argos. Danielle Laurent, 39, who is originally from California, beat off competition from 50 other students last year to design an exclusive collection on behalf of of catalogue retailer Argos.…
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18 January
2015 full-year hallmarking edges upwards
The total number of hallmarked items fell by 1% in December suggesting a flat Christmas, but the annual figures for full-year 2015 edged up by 1% compared with the previous year. Data from all four assay offices in the UK – compiled by the Birmingham Assay Office – showed the…
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18 January
Footfall across the UK down 2.2% in December
Footfall in December was down 2.2% on the same time last year as consumers turned to e-commerce for their Christmas shopping. That’s according to the latest British Retail Consortium (BRC) and Springboard Footfall and Vacancies Monitor, which found the 2.2% decline was marginally lower than the 2.1% decline in November,…
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15 January
BCU teams with Birmingham Assay Office for gemmology hub
The Birmingham Assay Office has announced a new collaborative tenancy and partnership with Birmingham City University’s (BCU) School of Jewellery. As part of the agreement the university’s gemmology department will move into new premises at 1 Moreton Street in the Jewellery Quarter, which it hopes will enable further development of gemmological…
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15 January
Anakao releases promotional video for Temptation
Emerging jewellery brand Anakao has released a stylish promotional video entitled ‘Temptation’ ahead of anticipated growth this year. The video features the same model from the brands advertisements in Jewellery Focus magazine. Announcing the video, Anakao said: “Bold and brilliant, or elegantly subtle; a woman’s jewellery reflects her personality. With a…
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