News
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May- 2015 -13 May
World record jewellery auction for Sotheby’s
Sotheby’s has set a new world record total for a jewellery auction – breaking six other world auction records in the process. The ‘Magnificent Jewels and Noble Jewels’ auction, which was held on Tuesday May 12 in Geneva, achieved a total of 149,851,375 Swiss Francs (£102.9m) – the world record…
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13 May
Hallmarking figures up 10% in April
The total number of hallmarked articles grew 10% in April following a disappointing March, according to new figures released from all four of the UK’s assay offices. According to the data, which was compiled by the Birmingham Assay Office , there was a total of 810,831 articles hallmarked in April…
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12 May
GIA notifies trade of potential undisclosed diamond treatment
Approximately 500 colourless to near-colorless diamonds submitted primarily to GIA’s grading laboratory in Ramat Gan, Israel, were potentially subjected to an undisclosed temporary treatment, the body has announced. GIA said it believes that the treatment “temporarily masks the body colour of the diamond, resulting in a colour grade that can…
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12 May
Goldsmiths Trafford Centre store set for £800k refurbishment
Jewellery store chain Goldsmiths has announced that its Intu Trafford Centre store in Manchester is to undergo a £800,000 refurbishment. The new-look store, which will be around a third larger than its current premise, will feature a brand new Rolex room with two seating areas, a branded area for luxury…
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12 May
Bremont announces America’s Cup deal
Luxury watch brand Bremont has announced its appointment as Official Timing Partner to the 35th America’s Cup and to the defending champion, Oracle Team USA. The America’s Cup, which has been called the ‘oldest trophy in international sport’, first took place in 1851 on the waters off England’s south coast. Today the…
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12 May
Retail sales damaged by early Easter
Retail sales fell in April as an early Easter “pulled” sales into March and impacted results, according to new figures released today. This is according to the monthly British Retail Consortium (BRC) and KPMG Retail Sales Monitor which found like-for-like sales decreased by 2.4% compared with April last year, when…
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11 May
Theo Fennell designs Al Shaqab Lockinge trophy
Jewellery brand Theo Fennell has designed and created the first Al Shaqab Lockinge trophy, to be presented to the winner of the inaugural Al Shaqab Lockinge Stakes at Newbury Racecourse. The trophy, which will be presented at the event on Saturday May 16, was crafted by hand in from solid…
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8 May
Britain’s shop vacancy remains at 13% in April
Britain’s shop vacancy rate has remained at 13% in April, a level which, before March, had not been seen since 2010. This is according to new figures released today from the Local Data Company (LDC) which found that the overall retail and leisure vacancy rate also remained the same as…
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8 May
One week remaining for IJL Editor’s Choice entries
There is just one week to go to submit entries for International Jewellery London’s (IJL) Editor’s Choice awards – which announced an additional three new categories this year. The three new categories include ‘Diamonds in Design’, to celebrate IJL’s diamond jubilee, ‘A Moment in Time’, celebrating contemporary watch designers, and…
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7 May
Hatton Garden raid has ‘ruined lives’
The Hatton Garden raid has “ruined lives” and victims have lost their “livelihoods”, according to a loss adjuster. Ricky Marchant, from Marchant and Marchant, told the BBC that he was dealing with seven clients who had lost items during the robbery, with an estimated value of £2m in total. Marchant…
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