News
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Oct- 2024 -25 October
Gem Diamonds revenues rise to $42.7m in Q3
Gem Diamonds has seen its revenues surge to $42.7m (£32.8m) in Q3 2024 compared with $34.8m (£26.78m) in Q2 2024, as it sold 25,617 carat diamonds. It also revealed that the average price per carat also improved, rising to $1,603 (£1,233.5) from $1,424 (£1,095.7) in the prior three months. The…
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24 October
Petra Diamonds revenues drop 76% despite rise in production
Petra Diamonds has reported a 76% drop in revenues to $23m (£17.74m) in Q1 FY2025 from $113m (£87.16m) the prior quarter despite a 7% increase in diamond production to 679,625 carats from 636,743 carats in the prior period. The group stated that business was impacted by the deferral of the…
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24 October
Connoisseurs launches three new diamond care essentials
Connoisseurs has announced the launch of its new Diamond Care Essentials line. The new collection includes three new products designed to “protect and enhance the brilliance of diamond jewellery”. The first product is the Diamond Dazzle Cloth, an Ultra Soft Micro Suede Cloth for removing oils/lotions and fingerprints and comes…
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23 October
Abbott Lyon launches personalised advent calendars
Abbott Lyon has announced the launch of its personalised advent calendars in time for Christmas. Both calendars contain 12 pieces curated from a selection of the brand’s most popular designs. The calendars are made to order and give customers the option to personalise four of the 12 pieces inside. The…
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23 October
Pandora and Netflix to launch new Stranger Things capsule
Pandora has collaborated with Netflix to launch a new jewellery capsule inspired by popular Netflix show Stranger Things. The collection will feature charms, bracelets, rings, and earrings, all crafted to reflect “iconic” moments from the show and with subtle nods to 80s fashion. According to Pandora, The Pandora x Netflix…
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22 October
Astella opens new boutique in Birmingham
Astella has announced the opening of its second boutique store in Birmingham’s renowned Jewellery Quarter. The new site is located in the historic former Barclays Bank building on Frederick Street. This building has been restored following a £100,000 refurbishment to create a sophisticated, modern space. Astella’s founder and director, Sunny…
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22 October
De Beers to provide country of origin data for its diamonds
De Beers Group has announced that it will provide data on country of origin for all De Beers-sourced rough diamonds above 1.25 carats that are newly registered on the Tracr platform, the digital platform for tracing natural diamonds from source at scale. From the start of 2025, this will be…
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21 October
Abbott Lyon unveils first collection with Love Island winner
Abbott Lyon has announced the launch of the Finishing Touches Collection, its first collaboration with Love Island winner Mimii Tafara. The new collection aims to “reflect Mimii’s love for elegance, style and individuality” with elevated cubic zirconia gems. The collection includes two bracelets, a pair of earrings, a necklace and…
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21 October
Anna Hu’s White Lily bangle joins British Museum’s permanent collection
Euro-based Asian jewellery artist Anna Hu Haute Joaillerie has announced that her Enchanted Lily Bangle has joined the permanent collection of the British Museum as the first contemporary jewellery. The jewellery piece is on display in the museum’s Sir Joseph Hotung Gallery of China and South Asia. The Enchanted White…
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18 October
De Beers’ GemFair purchases its 10,000th diamond
De Beers Group has announced that GemFair, its programme focused on developing a responsible sourcing model for the artisanal and small-scale diamond mining sector, has reached the key milestone of purchasing its 10,000th diamond since launching in 2018. GemFair aims to support the formalisation of the artisanal sector by raising…
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