News
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Jan- 2025 -9 January
Zambia re-introduces 15% export duty on emeralds
The government of Zambia has re-introduced a 15% export duty on all emeralds effective 1 January 2025. The move revokes a suspension that had been in place since 2020 and directly impacts the world’s largest emerald producer Kagem Mining Limited. Kagem is 75% owned by Gemfields and 25% owned by…
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9 January
Mikimoto launches new Snake brooch to celebrate Lunar New Year
Mikimoto has launched a new Snake brooch in celebration of the forthcoming Lunar New Year. Drawing inspiration from traditional Chinese beliefs, the brooch blends cultural symbolising with contemporary designs. Set in 18K yellow gold, the snake, which features a little spinel eye, slithers along the platinum branch decorated with an…
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8 January
Hamilton and Inches profits fall despite turnover increase
Hamilton and Inches has revealed that its profit before tax fell to £875,787, down from £1.32m, for the year ended 30 March 2024. This fall in profits came despite the company posting a turnover of £11.6m, the second highest year of sales in company history. The company made investments across…
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8 January
Loveness Lee launches new Snake Chinese Zodiac Signet Ring
Loveness Lee has launched its new Snake Chinese Zodiac Signet Ring in celebration of the Chinese Lunar New Year taking place on 29 January 2025. Crafted with a textured band and contrasting smooth polished surface, the new unisex signet style ring encapsulates the essence of Chinese heritage through intricately hand-written…
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7 January
BRC warns of 2025 falling sales volume despite December sales growth
The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total retail sales experienced in December 2024. UK total retail sales in December 2024 increased by 3.2% year on year, against a growth of 1.9% in December 2023, according to new…
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7 January
Tom Wood to launch Snakeskin Rings for Lunar New Year
Tom Wood has announced it will launch its new Snakeskin Rings on 13 January 2025 in celebration of the Chinese Zodiac’s Lunar New Year. Expertly crafted in three of the brand’s signature shapes – Cushion, Kay and Oval – the Snakeskin rings showcases a “unique” variation of the jasper stone,…
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6 January
Baker Brothers unveils new store in Bedford
Family-run, independent luxury jewellery and watch retailer Baker Brothers has unveiled its new two-floor boutique in Bedford. The new store is a relocation and major expansion of its previous site, just a few doors away. Directors – and sisters- Lizzie and Rebecca McAuley, were instrumental in the vision for the…
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3 January
Total footfall was down 2.2% in 2024
Total UK footfall in 2024 was down 2.2% compared with 2023 according to data from the British Retail Consortium (BRC). Footfall decreased year-on-year for all four nations, with Scotland falling by 1.5%, England by 2.1%, Wales by 2.6%, while Northern Ireland experienced the biggest decline at 5.8%. Alongside this, total…
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3 January
V by Laura Vann rebrands as Laura Vann
Birmingham-based jewellery company V by Laura Vann has rebranded to Laura Vann. Over a decade ago, the group launched as V Jewellery. Shortly after, it evolved into V by Laura Vann—a name that combined the heritage of “V” with a personal touch. Fast forward to today, the company will be…
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2 January
Athari launches new Tourmaline Tales collection
Athari has unveiled its newest jewellery collection, Tourmaline Tales, featuring hues of pink and green tourmaline. Each gemstone is sourced directly from the historic mines of Ouro Preto, Minas Gerais, Brazil, that come from a 3rd-generation, family-owned mine committed to sustainable and ethical practices. According to Athari, from responsible mining…
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