News
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Dec- 2015 -9 December
Jacobs the Jewellers named UK’s ‘best jewellery retailer’
Jacobs the Jewellers in Reading has been named the UK’s ‘Retailer of the Year’ at the first-ever National Association of Jewellers (NAJ) awards. Jacobs, which won the award at the 80th Benevolent Society Ball held in Solihull on 3 December, was selected from a shortlist of five companies through a…
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8 December
November retail sales slow as Black Friday shoppers turned to digital
Retail sales in the UK slowed down in November as consumers turned to e-commerce across the Black Friday weekend. That is according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor, which found UK retail sales decreased 0.4% on a like-for-like basis from the same month last…
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8 December
Teenager charged with theft of ring from Ipswich jewellers
A teenager has been charged following the theft of a £809 ring from a jewellery store in Ipswich. Rolanders Saulys, of no fixed address, was arrested by police shortly after the incident having initially been detained by two members of the public. The 19-year-old is accused of stealing a £809…
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8 December
Polished diamond prices increase for first time in six months
Polished diamond prices increased in November for the first time in six months, boosted by shortages of select categories and seasonal holiday demand. That is according to the latest RapNet Diamond Index (RAPI) which found 1-carat, GIA-graded diamonds rose 0.7% in price in November – its first increase in six…
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8 December
NPA urges Welsh government to ‘crack down on crime’
The National Pawnbrokers Association (NPA) has urged the Welsh government to crack down on illegal money lending. The call for action, which has urged the government to join forces with police and other enforcement agencies, was a result of the NPA responding to the Welsh Government’s consultation regarding its Financial…
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7 December
Bonhams jewellery sale sets three world records
Bonhams’ last London Fine Jewellery sale of the year, which took place on Saturday 5 December, set three new auction world records. Jewellery from renowned designers including Cartier and Van Cleef & Arpels, along with a pair of Kashmir sapphires belonging to a European princess, went under the hammer. The…
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7 December
Gang jailed for 51 years over £1m of watch thefts
An organised gang of criminals from Estonia who flew into the UK in order to steal more than £1 million pounds worth of watches have been jailed for 51 years. Taimar Uibopuu, 30, from Estonia was found guilty of conspiracy to commit robbery and sentenced to 15 years’ imprisonment; Alar Kalyurand, 43, from…
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7 December
Goldsmiths WestQuay to reopen after £1m refurbishment
Goldsmiths WestQuay in Southampton is to reopen this week after an extensive £1m refurbishment. The high street jeweller has carried out a ‘luxury refit’ and also introduced a brand-new ’boutique.Goldsmiths’ iteration. The premises will be open to the public on 10 December. The refurbished Goldsmiths store will feature dedicated Omega, Breitling,…
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7 December
De Beers suspends Canada Snap Lake mine operation
De Beers has announced it has suspended operations at its Snap Lake diamond mine in Canada due to poor market conditions. The company said work to suspend production at the mine has begun, a process which could take up to nine months. It will evaluate market conditions over the next…
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7 December
Inaugural NAJ Awards incorporated in Benevolent Society Ball
The 80th British Jewellery Giftware & Finishing Federation Benevolent Society Ball, incorporating the NAJ Awards, took place in Solihull on December 3. This year’s event incorporated very first National Association of Jewellers Member Awards, designed to “flag up all that is most excellent about the UK’s extremely diverse jewellery industry”. The NAJ…
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