News
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Dec- 2015 -14 December
Black Friday hits high street footfall
Footfall in November was 2.1% lower than a year ago, as Black Friday shoppers turned to online shopping instead of the high street. The British Retail Consortium (BRC) and Springboard Footfall and Vacancies Monitor found the fall was significantly below the 0.2% decline in October and underperformed the three-month average…
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11 December
Rare Kashmir sapphire and diamond ring sets new world auction record
A rare sapphire and diamond ring acheived $1.35m (ยฃ892,000) at Bonhamโs New York fine jewellery auction on 8 December, setting a new world record. The Tiffany & Co ring – centred by an oval-cut sapphire, and flanked by European-cut diamonds weighing 7.84-carats – set the world record for the most…
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10 December
Hatton Garden heist site โcould become a museumโ
The site of the Hatton Garden jewellery raid earlier this year could become a museum commemorating the heist, according to the new owner of the vaults. The 88-90 Hatton Garden Safe Deposit is currently believed to be considering options after it was picked up on a long-lease by property millionaire…
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10 December
boutique.Goldsmiths opens 7 new stores
Aurum Holdings has announced the launch of seven boutique.Goldsmiths stores in Bradford, Newcastle, Reading, Sheffield, Solihull, Guildford and Southampton. The stores, which opened throughout November and December, are part of Aurumโs expansion plans to its existing retail portfolio and e-commerce channels. The new stores feature digital screens that will replace…
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10 December
Rare spider diamond ring predicted to fetch ยฃ200,000 at auction
A rare diamond ring in the shape of a spider – dubbed the โSpia-mond Ringโ – has been predicted to fetch ยฃ200,000 at auction. The original ring from the premier of the Spiderman 2 movie went on sale for 10 days on online auction website Catawiki on Friday, 4 December.…
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9 December
Drone delivery by US jeweller succeeds
A jeweller in the United States has completed what is thought to be the first drone-delivery ever undertaken by a jeweller. Distinctive Gold Jewelry, of Frankfort in Illinois, delivered a womenโs watch to a couple celebrating their anniversary. The business owners say that have being “dying to do” such a…
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9 December
Jacobs the Jewellers named UK’s ‘best jewellery retailerโ
Jacobs the Jewellers in Reading has been named the UKโs โRetailer of the Yearโ 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 ยฃ809 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 ยฃ809…
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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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