Year: 2014

NPA applauds new government consumer credit enforcement rules

The National Pawnbrokers Association (NPA) has said it supports the government’s review of the enforcement processes for consumer credit regulations. The review, conducted by the government into the Financial Conduct Authority (FCA) considers the fairness, transparency, speed and efficiency of arrangements and processes for enforcement decision making amongst regulators. In…

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Tiffany & Co displays iconic 128-carat diamond at Paris store opening

Tiffany & Co has displayed its iconic Tiffany Yellow Diamond at the opening of a brand new store in Paris. The diamond, which was transported from New York, was on display at the brand’s new Champs-Elysées premises. For a limited time, gemstone enthusiasts and diamond lovers were able to get…

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Carrier bag tax ‘will confuse shoppers’ as small retailers exempt

The British Retail Consortium (BRC) says its members have expressed “serious disappointment” that government plans to charge for carrier bags will ignore the advice of the industry and a key parliamentary committee. Legislators plan to press ahead with plans to charge 5p for carrier bags to cut waste, litter and…

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Beaverbrooks first to support ‘sponsor a goldsmith’ scheme

Beaverbrooks the Jewellers has become the first company to sponsor Paul Spurgeon in his quest to empower disadvantaged people through the Cornerstone project, Sponsor a Goldsmith (SAG). The Cornerstone project aims to teach and mentor students in South Africa, Uganda and beyond to create beautiful collections of jewellery that can be…

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Chow Tai Fook acquires Hearts on Fire in conditional agreement

Chow Tai Fook Jewellery group has entered into a conditional acquisition agreement which will see it take over the entire stake of the Hearts on Fire jewellery brand. The deal values Hearts on Fire at $150m (£88.18m) on a cash-free and debt-free basis. The acquisition is a strategic move to…

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Retail sales fall 0.5% in May

British retail sales fell in May for the first time since January, despite strong sales of replica football shirts ahead of the World Cup, official data has shown. Figures by the Office of National Statistics have shown that retail sales in May dropped 0.5% compared with the previous month, retail…

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Tendence 2014 to showcase up-and-coming talent

International consumer-goods event, Tendence, will unveil its new Talents Carat display in August, giving 21 up-and-coming designers their very own display. The Talents Carat display will see the 21 up-and-coming talents, from nine different countries, exhibit their first jewellery creations to an international public consisting of buyers, manufacturers and trend…

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Gemfields success at inaugural ruby auction

Gemfields has generated total revenue of $33.5 million at its first rough ruby and corundum auction held in Singapore. The auction, which was held in Singapore from June 12 to 17, saw over 2.03 million carats of ruby and corundum placed on offer, of which 1.82 million carats were sold,…

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Henryka announce winners of amber design contest

Silver and amber jewellery retailer, Henryka, has revealed three winners of their amber design competition with Hereford College of Arts (HCA). The Hereford-based business hosted a jewellery design competition with HCA and the winning three student’s designs are set to be put into production for sale in store. Students were…

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Graff to showcase rare gemstones and diamonds at Paris event

Graff Diamonds is set to showcase its collection, featuring extremely rare diamonds and gemstones, at this year’s La Biennale Des Antiquaires in Paris. Graff will showcase both emerald and sapphire pieces in their collection, including a ‘dramatic’ necklace with richly coloured clusters of sapphire beads entwined with Pavѐ diamond leaves…

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