News
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Feb- 2016 -17 February
Massive 404-carat diamond discovered in Angola
Lucapa Diamond Company has announced the discovery of a massive 404.2-carat, which it claims is the 27th largest diamond ever discovered. The type IIa D-colour diamond, which was discovered at the firmโs Lulo Diamond Project in Angolaโs Lunda Norte Province, is the biggest recorded diamond ever found in Angola –…
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17 February
First safe deposit box service launches in Scotland
Scotlandโs first independent safe deposit box service has launched in Glasgow following an investment of more than ยฃ1m. Based in the cityโs southside, Glasgow Vaults claims it has been introduced in response โto the major banks withdrawing the service that safeguards peopleโs valuable possessionsโ. The venture is being led by…
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16 February
Stephanie Holt wins Weston Beamor design competition
Stephanie Holt, a mature student at Birmingham City University (BCU), has been named as the winner of Weston Beamorโs annual jewellery design competition. Holt, who won the award for her โelegant and unusualโ matching wedding ring and engagement ring set, received a cash prize of ยฃ500 and a weekโs worth…
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15 February
Watches worth ‘five-figure sum’ stolen in Edinburgh jewellery store raid
Police in Edinburgh are appealing for witnesses following a break-in and theft at a jewellers on George Street, Edinburgh. The incident took place at around 1am on Friday, 12 February, when entry was forced through a window of Laing Edinburgh, which recently opened what is believed to be the largest…
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15 February
January sees best overall footfall performance in two years
Retail footfall in January has recorded growth of 1.2% compared with the same month last year – its best performance since January 2014. Thatโs according to the British Retail Consortium (BRC) and Springboard Footfall and Vacancies Monitor which found the increase was significantly above the 2.2.% decline seen in December…
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12 February
Counterfeiting costs UK jewellery and watch industry ยฃ138m a year
The jewellery and watch sector in the UK loses ยฃ138m every year as a result of counterfeit products in the marketplace, according to new figures. The two new reports from the Office for Harmonization in the Internal Market (OHIM) – the EUโs largest intellectual property agency – said the jewellery…
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12 February
Jewellery sales up 7.8% at Centre:mk
Milton Keynes shopping centre, Centre:mk, has reported a 7.8% increase in jewellery sales in 2015 compared with the previous year. The shopping centre, which is jointly owned Hermes Investment Management and AustralianSuper, includes jewellery retailers such as Beaverbrooks, Goldsmiths, Fraser Hart, H Samuel, Leslie Davis, F Hinds, Ernest Jones and…
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11 February
Gold demand resilient in 2015 says World Gold Council
Global gold demand in 2015 was virtually flat compared withย 2014 at 4,212 tonnes (t), according to the World Gold Councilโs latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks…
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11 February
Blackburn jewellers targeted after raiders smash into shopping centre
Detectives are appealing for information after thieves raided a jewellery store located in a Blackburn shopping centre. Officers were called at around 2:30am on Tuesday, 9 February, following reports of a fire at the Church Street entrance to The Mall in Blackburn, where the burglars had smashed their way into…
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