News
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Nov- 2014 -13 November
BJA and NAG call for greater honesty in diamond trading
The British Jewellers Association (BJA) and the National Association of Goldsmiths (NAG) have today made a call for greater honesty and transparency in diamond trading, following the release of Martin Rapaport’s ‘Honest Grading’ report. The BJA and NAG have released a statement in which they said the issue of diamond…
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12 November
HALLMARKING: Gold keeps climbing, silver lets the side down
Gold continued its upward trajectory in the month of October with a 22.1% rise in the number of articles hallmarked, totalling 115,815 overall. The figures, released by the Birmingham Assay Office using data collated from the four UK assay offices, showed that 9ct remained the strongest performer of all metal…
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12 November
Fossil renews Michael Kors license
Fossil Group has today announced that it has renewed its global licensing agreement for watches and jewellery with fashion brand Michael Kors. The agreement, which will run until 2024, marks the extension of a partnership between two companies which first began in 2004 when Fossil Group was initially licensed to…
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12 November
New index for fancy colour diamonds released
A new index by The Fancy Color Research Foundation (FCRF) shows that fancy colour diamonds have delivered strong and consistent price increases, outperforming key global asset indices, since 2005. The Fancy Color Diamond Index has been developed by the FCRF from proprietary access to tens of thousands of fancy colour…
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12 November
H&T Pawnbrokers supports FCA regulation
H&T Pawnbrokers has shown its support for a new cap on the amount that payday lenders can charge their customers, following the announcement yesterday. The Financial Conduct Authority (FCA) said payday loan rates will be capped at 0.8% per day under new rules due to take effect in January 2015.…
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11 November
Vamp London continues expansion with House of Fraser
Design brand Vamp London has expanded into House of Fraser, its first national retailer, in what the company has called an “important milestone” in its expansion plans. The full range of Vamp’s silver and CZ jewellery entered an initial five House of Fraser stores on November 3, with the possibility…
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11 November
Bridlington thieves make off with £400k of jewellery
Griffin Jewellers in Prospect Street, Bridlington, was yesterday hit by thieves who cut a square hole in the store’s window before stealing a reported £400,000 worth of diamond rings. It is reported that the thieves took 15 seconds to cut the hole and were gone in just over one minute…
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11 November
Teeside jeweller hit by armed robbers
Market Cross Jewellers in Yarm, Teeside, has been hit by an armed robbery with hundreds of thousands of pounds worth of jewellery believed to have been taken. Cleveland Police have confirmed that four offenders in balaclavas entered the store just before 5pm on Monday, armed with “bladed or edged” weapons.…
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11 November
Gem-A and Australian counterpart sign co-operative membership agreement
The Gemmological Association of Great Britain (Gem-A) and the Gemmological Association of Australia (GAA) have signed an agreement allowing fellows from either body to take fellowship with the corresponding association. The agreement will take effect in 2015 and comes as the two associations pledge to begin a new era of…
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11 November
Online sales grow by 15.4% in October
Online sales in the UK grew 15.4% in October compared with the same time last year, according to the BRC-KPMG Online Retail Sales Monitor for October. In October online sales represented 18.2% of total non-food sales, compared to 16.5% in October last year. This is the highest penetration rate since…
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