News
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May- 2024 -24 May
De Beers fourth cycle diamond sales drops to $380m
The De Beers Group has reported that its rough diamond sales for its fourth sales cycle amounted to $380m (£298.7m) as at 22 May 2024. The figures mark a decrease on the $446m (£350.6m) sold in the fourth sales cycle of 2024, and is also down from $479m (£376.6m) in…
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23 May
Saint Davis to launch first collection
New brand Saint Davis has announced that it will launch its inaugural collection on 26 May. The debut collection is titled “Floral Home” takes inspiration from the natural world. It comprises seven unisex designs including rings, pendants, and earrings with pieces ranging from £175 – £1,050. The collection celebrates flowers…
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23 May
Hatton launches Infinity jewellery range as part two of Mad collab
Hatton Labs has announced the launch of its limited edition line of jewellery range, Infinity, as part two of its Mad Paris collaboration. The new collection is sold exclusively at Mr Porter and comprises three pieces, a necklace, a bracelet and a ring each crafted with inlaid baguette and princess…
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22 May
General election called for 4 July
Prime minister Rishi Sunak has confirmed that a general election will take place on Thursday 4 July. The prime minister informed the cabinet of his plans in a meeting held this afternoon (22 May). As a result the parliament will be dissolved next week. Sunak had previously confirmed that an…
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22 May
Goldsmiths unveils new Hublot shop
Goldsmiths has announced the launch of a new Hublot shop-in-shop within its Trafford centre showroom. The new space is in accordance with the Hublot interior design concept “The Art of Fusion”. Customers will be able to browse a number of Hublot collections as well as an exclusive Watches of Switzerland…
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22 May
Swarovski to open new store at Scotland’s Caledonia Park
Crystal jewellery brand Swarovski has signed at Caledonia Park, Scotland’s premium designer outlet village, marking its debut at the Scottish shopping centre. Railpen, one of the largest pension managers in the UK, has announced that Swarovski will open a 1,000 sq ft space at Caledonia Park this summer and will…
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21 May
BAJ launches pearl threading and hanging course
The British Association of Jewellers (BAJ) has announced that it is launching a new pearl threading and hanging short course this June. During this one-day course, students will learn about the theory of pearls, gaining insight into the various types, their characteristics, and how to select the perfect pearls for…
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21 May
Astrid and Miyu launches new Lab Grown Gemstones collection
UK-based jewellery brand Astrid and Miyu has announced the launch of its Lab Grown Solid Gold Gemstones collection. The launch comes as the brand continues to elevate its offering and add to its solid gold jewellery collection. The collection features Lab Grown Emeralds and Pink Sapphires which are crafted in…
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20 May
Richemont sales rise 3% to €20.6bn in FY 2024
Richemont has reported a 3% increase in group sales to €20.6bn (£17.6bn) in FY 2024, driven by jewellery Maisons and retail, representing 69% of group sales. However, the group’s operating profit dropped by 5% to €4.8bn (£4.11bn). Profit for the year from continuing operations, which incorporated net one-time unallocated charges…
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20 May
Loveness Lee launches debut engagement ring collection
Loveness Lee has announced the launch of its six-piece engagement ring collection, marking its debut in the engagement category. The Loveness Lee Engagement Ring Collection is available with baguette, pear, oval and brilliant cut diamonds paired with sapphires and emeralds. The stones are set in solid 18ct recycled yellow or…
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