Year: 2017
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May- 2017 -19 MayCurrent Affairs
Theo Fennell goes into administration
Theo Fennell has appointed accountancy firm BDO as administrators to the company just four years after being taken over by investors. The British jewellery designer, who started the business in 1982, has also had to make an undisclosed number of staff redundant. Theo Fennell employed 54 people at the time…
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19 MayDesigners
IWC ladies watches launch at Harrods
The new IWC Da Vinci watch collection tailored for ladies is launching exclusively at Harrods this month. IWC Schaffhausen will display the new collection in the department store’s Fine Watch Room as part of a unique pop up exhibition. The range, which has been made especially for Harrods, is the…
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19 MayCurrent Affairs
Butler and Wilson closes Mayfair store after three year loss
Butler and Wilson has decided to close its Mayfair store after trading at a loss for three years. It has been 32 years since the costume jeweller opened its outlet in South Molton Street, Mayfair but after a 21% increase in rent costs, the store was no longer making a…
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18 MayCurrent Affairs
Jacobs the Jewellers launches Young Designer Competition
Reading’s oldest independent jewellery retailer has launched its third installment of its Young Designer Competition. Jacobs the Jewellers will hold the competition at its store between 6 – 30 June and will feature the work of ten designers from the competition collaborators Bishopsland Educational Trust.. The competition is in also…
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18 MayAuctions
De Beers to auction own polished diamonds for first time
De Beers has announced that it will auction polished diamonds manufactured from its own rough at its auction sales business for the first time in its history. It is piloting the sales of polished diamonds accompanied by its grading business, the International Institute of Diamond Grading & Research (IIDGR) and…
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17 MayCurrent Affairs
CBI boss calls for ‘Brexit task force’
Britain’s business leaders have the “solutions” to help Britain get a good deal from Brexit, a businessman has said. Paul Drechsler, president of the Confederation of British Industry (CBI), called on the next government to set up a Business Brexit Taskforce in their first 50 days to help ensure business…
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17 MayCelebrities
Pirate Jack Sparrow’s jewellery ‘valued’ at £225,000 by F Hinds
The jewels of fictional pirate Captain Jack Sparrow have been valued by an expert ahead of the release of the newest Pirates of the Caribbean film. Jewellers F.Hinds worked out that the swashbuckler’s ring collection alone was worth £19,000, but his most expensive piece is his stolen crown, which F…
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17 MayAppointments
Woman named boss of Goldsmiths’ Company for the first time in its 700-year history
For the first time in 700 years, one of the most respected City institutions is appointing a woman to its top job. Today marks the installation of trailblazing Londoner, Judith Cobham-Lowe OBE, as the first woman Prime Warden of the Goldsmiths’ Company. The Goldsmiths’ Company, which received its first Royal Charter…
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16 MayCurrent Affairs
GIA warns of ‘hybrid’ diamonds
The Gemological Institute of America (GIA) has warned of “hybrid” diamonds entering the supply chain after uncovering a natural diamond with a blue synthetic coating. Claiming that the stone was the first of its kind that the institute had encountered, it reported that a number of “unusual characteristics” gave away…
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16 MayAuctions
Graff Diamonds acquires 323-carat diamond for £13.5m
British jewellers Graff Diamonds says it has acquired a 323.72-carat rough fragment of the Lesedi La Rona diamond. The rough diamond, which was mined in Botswana, was sold by Lucara Diamond Corp for $17.5m (£13.5m) last week to an undisclosed buyer. Graff Diamonds subsequently revealed that it had made the…
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