News
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Jul- 2015 -28 July
LVMH jewellery division doubles profit
The jewellery division of luxury products group LVMH has doubled its profits in the first half of 2015 compared with the same period last year. Watches and jewellery recorded organic revenue growth of 10%. Revenue growth was 23% and profit from recurring operations increased by 91%. Bvlgari had an “excellent”…
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28 July
Birmingham Assay Office opens doors to new headquarters
The Birmingham Assay Office has officially opened its new purpose-built headquarters in Birmingham’s Jewellery Quarter. After 137 years based in its previous headquarters in Birmingham’s Newhall Street, the assay office has now relocated to a newly built headquarters in Moreton Street. The building, which was supported by a European Regional…
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28 July
British Hallmarking Council to recruit four new members
The British Hallmarking Council (BHC) has announced that it is looking to recruit four new members. Established by the Hallmarking Act 1973, BHC protects consumer interests in the jewellery industry by ensuring that there are adequate facilities for hallmarking in the UK and advising the Secretary of State for the…
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27 July
Petra Diamonds production up but revenue falls 10%
Independent mining firm Petra Diamonds has reported a fall in revenue despite an increase in production in its full year financial results, ending June 30. Revenue for the company was down 10% to $425m (£273.9m), which it put down to lower average diamond prices than in the same time last…
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27 July
Julia Cook designs charity collection for St Mungo’s Broadway
Goldsmith Julia Cook has designed a charity collection for homeless charity St Mungo’s Broadway. The ‘summery’ collection has been designed by Cook in an effort to raise money for the charity’s Rebuilding Shattered Lives appeal, which helps to support homeless women. The range of gold and silver jewellery, named ‘Unity’,…
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24 July
De Beers sales fall 21% in first half of 2015
Diamond company De Beers has reported a total sales decrease of 21% to $3bn (£1.94bn) in the first six months of the year to June 30, 2015. According to the first half results published by mining group Anglo American, which owns 85% of De Beers, underlying earnings before interest,…
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24 July
AnchorCert backs new Diamond ISO Standard
The Birmingham Assay Office’s AnchorCert Gem Lab has welcomed the recent publication of a new diamond ISO Standard. The standard, entitled ‘Consumer Confidence in the Diamond Industry’, was published on 1st July, and AnchorCert described it as a “refreshingly simple and concise document intended to help the consumer understand the different choices available to them”.…
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23 July
Clogau appointed exclusive distributor of Endless Jewelry in UK and Ireland
Welsh jewellery brand Clogau has been appointed exclusive distributor for Endless Jewelry in the UK and Ireland. Endless is the fastest-growing new jewellery brand worldwide, and in less than two years its range of leather bracelets and charms has entered 24 markets on four continents. Ben Roberts, managing director of Clogau, said: “At Clogau…
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23 July
Beaverbrooks re-certified by Responsible Jewellery Council
The Responsible Jewellery Council (RJC) has announced that Beaverbrooks the Jewellers has achieved Certification against the 2013 Code of Practices at its head office and all 67 stores across the UK. Andrew Bone, RJC’s executive director, said: “It is a pleasure to announce that Beaverbrooks the Jewellers has been certified…
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23 July
Thieves rob jewellers in Scotland
Thieves have made off with thousands of pounds worth of rings after robbing a jewellery store in Moffat, Dumfries and Galloway, Scotland. The incident took place on Wednesday, July 22, at around 12:45pm, when two men entered Gemini Jewellers in the town centre and stole a “significant quantity” of rings…
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