Year: 2017
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Apr- 2017 -5 AprilCrime
£30,000 of jewellery stolen from Newbury pawnbrokers
Police are appealing for information following a burglary at a pawnbrokers in Newbury. Approximately £30,000 of jewellery was taken from the Gold Buying Shop, alongside cash and bankcards. Thames Valley Police said offenders forced open the back door of the shop. Numerous boxed jewellery items including diamond rings, men’s signet rings,…
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5 AprilManufacturers
De Beers sees £465m in rough diamond sales
De Beers has seen its rough diamond sales rise to $580m (£465m) in its third sales cycle of the year. The mining group’s sales grew 5% from the revised figure of $553m (£443m) in the second cycle, but was 13% lower than last year’s March sale. According to Rapaport, De…
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5 AprilEvents
UK’s ‘first responsible jewellery conference’ announces 2017 speakers
Flux Fair Luxury – the UK’s first responsible jewellery conference – has announced the speakers who will be taking part in this year’s two-day conference. The event, which takes place in three weeks, has confirmed that Lisa Levinson from Forevermark, Claus Teilmann-Petersen, vice-president of group ethics at Danish jewellery brand…
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5 AprilEvents
Baselworld shortens show following a drop in attendance
Baselworld has announced that its 2018 show will be six days long instead of the usual eight, following a drop in the number of exhibitors. There were 200 less exhibitors compared with the following year, making it a drop of 13.3%. Meanwhile, more than 10,600 buyers from 100 countries attended…
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4 AprilAuctions
‘Pink Star’ diamond sells for record-breaking £57m
A rare diamond known as the ‘Pink Star’ has been sold at auction in Hong Kong for $71m (£57m) – a new world record for any gemstone sold at auction. The oval-cut pink diamond, which weighs almost 60 carats, is the largest internally flawless vivid pink diamond that the Gemological…
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4 AprilNews
Glitzbox launches UK’s first jewellery subscription service
Glitzbox, the first jewellery rental subscription service in the UK, is set to launch this April. The subscription box has been created by jewellery consultant Tamzin Ivy, who has worked with independent jewellery brands and notonthehighstreet.com. Glitzbox will allow subscribers to receive three selected pieces of jewellery which they can…
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4 AprilNews
Beaverbrooks helps raise £20,000 after sleeping rough for charity
The CEO and colleagues of Beaverbrooks have helped raised over £20,000 after sleeping rough for charity. Anna Blackburn, the company’s CEO, and nine Beaverbrooks members of staff joined 100 volunteers who slept rough on the streets of Blackpool to raise awareness for homeless charity Streetlife. The charity raised over £20,000…
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4 AprilE-Commerce
Amazon takes on bricks-and-mortar stores with cash sales
Amazon has launched a new feature called Amazon Cash, making physical money payments possible for online goods. The new service has been released in order to help those without bank accounts or debit/credit cards and is only available in the US at current. Customers receive a barcode from Amazon that…
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3 April
London Diamond Bourse hires ethical issues advisor
The London Diamond Bourse (LDB) has appointed Katherine Chappell as its special advisor for ethical issues. Chappell, a specialist in fairtrade principles, has taken on the role in a bid to strengthen the company’s understanding of “specialist issues and encourage discussions about responsible sourcing”. Chappell, who has been with the…
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3 AprilNews
Diamond market improves after a slow first quarter
The diamond market showed improvements in March after Chinese demand at the Hong Kong exhibition was better than expected. The latest RapNet Diamond Index from the Rapaport Group found the price of 1-carat polished diamonds increased by 0.1% in March and was down 1.1% during the first quarter. There was…
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