News
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May- 2014 -2 May
FEATURE: The End of the Gold Rush
The gold price has stabilised, and the slump in gold hallmarking has bottomed out. And now that the commodity traders are losing interest, MICHAEL NORTHCOTT asks whether the scrap-buying craze has caused any lasting change to the market. Two very significant trends have appeared that will likely have a profound…
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1 May
Sotheby’s achieves record per-carat price for sapphire ring
A new world auction record price per carat for any sapphire was set yesterday at Sotheby’s New York, when an exceptional platinum, Kashmir sapphire and diamond ring sold for £3.02m ($5,093,000, or $180,731 per carat). The square emerald-cut Kashmir sapphire weighing 28.18 carats is one of the finest sapphires ever to…
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Apr- 2014 -29 April
Cristiano Ronaldo signs as TAG Heuer brand ambassador
TAG Heuer has announced the signing of football superstar Cristiano Ronaldo to a long-term partnership as a brand ambassador. The two-time Ballon d’Or winner, Real Madrid forward and Captain of the Portugal team for the coming World Cup in Brazil, joins an illustrious roster of TAG Heuer sports stars and celebrities that…
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29 April
Another trade show on the continent? Sounds good to me…
There’s no arguing with the notion that a busy trade show means its appertaining sector is buoyant. That’s why the inaugural Jewellery & Gem Fair Europe, organised by UBM Asia, spells good news for the industry as a whole. After the show closed, the organisers excitedly trotted out a press release…
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29 April
De Beers’ Forevermark inscribes its millionth diamond
De Beers diamond brand Forevermark has announced that it has inscribed its one millionth stone at the Forevermark Diamond Institute in Antwerp. Stephen Lussier, Forevermark CEO, said: “This is a significant day in Forevermark’s young history. Inscribing 1,000,000 Forevermark diamonds in the six years since launch is a huge achievement…
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28 April
UK economic outlook ‘exceptionally strong’, says CBI
The CBI has announced that the economic outlook for the next three months is “exceptionally strong and broad-based”, and growth expectations are the strongest they have been since the body began recording data in 2003. Pointing specifically to the retail and service sectors, the CBI’s Growth Indicator, published today, said…
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28 April
March retail sales jump 4.2%, says ONS
Overage retail sales across the UK rose by 4.2 per cent in March compared with the same period in 2013, and by a more modest 0.1 per cent compared with February 2014, according to the latest figures from the Office of National Statistics (ONS). Highlights from ONS report: In March…
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25 April
Gecko triumphant at BaselWorld
UK-based jewellery supplier Gecko Jewellery has reported positive results from BaselWorld, having established new contacts worldwide. The company, which distributes D for Diamond, Fiorelli and Fred Bennett in the UK, had intended to increase its international presence at the show and says it has succeeded in doing so, gaining 60…
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25 April
Jewellery & Gem Fair Europe ‘exceeds expectations’, additional hall earmarked for 2015
The organisers of the inaugural Jewellery & Gem Fair Europe, UBM Asia, have hailed “positive results” as the show came to an end. UBM Asia said in a statement that more than 6,000 jewellery professionals attended the launch event, which brought together suppliers, press, leading industry and governmental associations. Of…
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24 April
BJA and NAG plan for merger in 2015
The British Jewellers’ Association (BJA) and the National Association of Goldsmiths (NAG) are planning to form a single trade body by the end of 2015, it has been announced. Scant details about the merger were revealed by outgoing BJA chairman Gary Williams at the association’s Annual General Meeting in London, and…
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