News
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Aug- 2024 -13 August
Pandora reports 15% organic growth in Q2 2024
Pandora has reported a 15% increase in Q2 2024 organic growth to DKK 6.77bn (£744m), comprising Like-for-like (LFL) growth of 8%, network expansion of 6% and 1% phasing of sell-in to partners and other. The group’s operating profit (EBIT) also increased from DKK 1.18bn (£134.9m) to DKK 1.33bn (£152m). However…
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12 August
Little Grey Moon to launch at Mococo Flintshire store
UK-based jewellery retailer Mococo has announced the exclusive launch of Little Grey Moon, a brand renowned for its “on-trend designs”, “inclusivity”, and “individuality”, in its retail store. The collaboration marks the first time Little Grey Moon’s collections will be available in a physical retail location. Founded by local designer Lauren…
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9 August
Michael Jones Jewellers unveils £3m refurb
Michael Jones Jewellers in Northampton has reopened its store following a £3m refurbishment. With the expansion and refit of its One Gold Street home, the company has created a luxurious new high-end destination for customers. The original showroom has been transformed into a dedicated Rolex area over two floors with…
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9 August
Diamond prices plummet in July
Diamond prices dropped sharply in July amid slow retail sales and an oversupply in India, according to Rapaport’s RapNet Diamond Index. The seasonal summer slowdown also had a negative effect on sales. The RapNet Diamond Index (RAPI™) for 1-carat goods, reflecting round, D to H, IF to VS2 diamonds, slid…
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8 August
Royal Mint unveils new e-waste gold extracting factory
The Royal Mint has announced the launch of a new factory which will extract gold from electronic waste. Located in south Wales, the 3,700 sqm facility uses chemistry from Canadian clean tech company Excir to extract gold from printed circuit boards (PCBs). The factory has scaled the innovative technology from…
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8 August
Bonhams appoints Chabi Nouri as global CEO
Bonhams has appointed Chabi Nouri as global CEO of the international auction house. Nouri, who will be based in Bonhams’ headquarters in New Bond Street, London, will take up the position in October 2024 at the 14-saleroom auction house. Swiss-born Nouri has deep knowledge and experience in international luxury and…
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7 August
Wolf announces new sales manager
Wolf has announced the appointment of Oliver Archer as its new sales manager for the South of England, Wales and Republic of Ireland. Archer joins Wolf with over a decade of experience in the watch and jewellery industry. He brings a wealth of knowledge gained from roles in luxury retail,…
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7 August
Martin’s Gems to launch new fine jewellery collection in Mayfair
Martin Prinsloo, the master gemstone cutter of London and founder of Martin’s Gems, is set to launch his new fine jewellery collection on 30 August 2024 at the Chesterfield Hotel in Mayfair. “The gem makes the jewel” is what Prinsloo strongly believes, this motto then was also the focal point…
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6 August
Liz Crow London unveils the Resilient Collection
Liz Crow London has announced the launch of the Resilient Collection inspired by the Eastern wisdom of the Tao. With 16 pieces in total, the collection offers 3 hoops, 3 statement earrings, a pair of studs, 2 small everyday rings, 2 statement rings, a statement necklace, 2 daytime necklaces, and…
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5 August
Wolf appoints new sales manager
Wolf has announced the appointment of Neil Cooksley as its new sales manager for the north of England, Northern Ireland and Scotland. Cooksley has worked within the watch and jewellery industry for almost 25 years having started his career at a high street jeweller. Following that, he then moved to…
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