News
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Feb- 2016 -9 February
Escaped Hatton Garden raider is ‘former policeman’
The mysterious Hatton Garden raider known as โBasilโ – who remains on the run – is a former policeman, a ring leader of the ยฃ14m raid has claimed. Danny Jones, who is awaiting his sentencing of the burglary, has claimed in a letter to Sky News that Basil was the…
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8 February
Day two: Jewellery and Watch in pictures
Jewellery and Watch Birmingham opened its doors yesterday (Sunday, February 7), with new collections and designs being showcased by some 400 companies. Here are some of the company’s we have seen so far (see above).
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5 February
Fraser Hart set to open Colchester store
Jewellery chain Fraser Hart has announced it is set to open a new store in Colchesterโs Culver Square shopping centre. The new store is expected to open in April and Fraser Hart, which has 39 other stores across the UK, said it has already started the interview process for the…
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4 February
Jewellery and watch profits soar 53% for LVMH
The Jewellery and Watch division of luxury products group LVMH has reported a 53% profit jump in 2015. The companyโs jewellery division saw revenue jump from โฌ2.78bn (ยฃ2.13bn) in 2014 to โฌ3.31bn (ยฃ2.154bn) in 2015, an increase of 19%. Organic revenue growth was 8%, meaning the group benefitted from exchange…
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4 February
Gem-A seeks new chief executive
The Gemmological Association of Great Britain (Gem-A) has announced it is seeking a new chief executive to spearhead its growth. The association said the successful applicant will have โproven management skills and a high level of experienceโ in gemmology or a closely related field. The chief executive will oversee the…
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3 February
Guildsman Jewellery Gallery to open in Birmingham’s Jewellery Quarter
A new jewellery gallery has announced it will launch in Birmingham’s historic Jewellery Quarter later this year. The Guildsman Jewellery Gallery is expected to open in spring 2016 and will provide 1,000 sq ft of retail and exhibition space across two floors. It will display pieces of handmade fine jewellery…
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3 February
Shop prices fall 1.8% in January
Overall shop prices in the UK fell 1.8% in January compared with the same month last year, new figures figures show. Thatโs according to British Retail Consortium (BRC) and Nielsenโs monthly Shop Price Index, which found the fall was down from the 2% fall in December and in-line with the…
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2 February
Polished diamond prices rise for third consecutive month
Prices of polished diamonds have continued to rise in January as shortages continued to support the market, which also saw a boost from the holiday season. That is according to the latest RapNet Diamond Index (RAPI) which found the price of 1-carat, GIA-graded diamonds rose 0.9% during the month. RAPI…
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1 February
Jeweller joins crowdfunding campaign to help flood victims
A West Yorkshire jeweller has joined a crowdfunding initiative to help raise money for local businesses in Calder Valley, which were affected by the Boxing Day floods. Element Jewellery is supporting the โCalderdale Risingโ campaign, launched on Friday 15 January, and has been trending as the most popular campaign on…
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1 February
Retail growth steady but expected to slow next month
Retail sales were steady over the year to January beating retailersโ expectations of a slight slowdown, according new data from the Confederation of British Industry (CBI). The organisationโs latest monthly Distributive Trends Survey of 126 companies found that 41% of retailers said that sales volumes were up in January on…
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