Canada
Canada plays an important role in the global jewellery trade as both a source of ethically mined materials, including diamonds and gold, and a market for UK jewellers and suppliers seeking international opportunities. With a strong focus on sustainability and responsible sourcing, Canada’s jewellery sector influences global supply chain practices and consumer expectations. Jewellery Focus covers Canada-related developments, from trade agreements and supplier connections to market trends and insights relevant to UK jewellery professionals engaging with this key region.
-
Jul- 2025 -31 JulyManufacturers
De Beers swings to $189m loss in H1 as prices and demand weaken
De Beers has posted an adjusted EBITDA loss of $189m (£142.9m) for the first half of 2025, compared with a $300m (£226.9m) income during the same period in 2024. The group said the loss was driven by a falling rough diamond price index and the sale of specific assortments at…
Read More » -
29 JulyDesigners
Goldsmiths launches traceable diamond collection
Goldsmiths has launched its first traceable diamond collection, marking a shift towards transparency and sustainability in the luxury jewellery sector. The Goldsmiths Signature Diamond, developed in partnership with traceability platform Tracr, features a unique 77-facet cut and is set across a range of jewellery in 18ct gold and platinum. All…
Read More » -
28 JulyManufacturers
De Beers rough diamond production falls 36% in Q2
De Beers Group has reported its rough diamond production in Q3 2025 decreased by 36% to 4.1 million carats, reflecting a planned production response to the prolonged period of lower demand. In Botswana, production decreased by 44% to 2.7 million carats, as a result of extended maintenance at Orapa, and…
Read More » -
7 JulyManufacturers
De Beers unveils Essence of Nature: Chapter 2 collection
De Beers has unveiled Chapter 2 of its Essence of Nature high jewellery collection at Paris Haute Couture Week, presenting 25 of 42 total creations inspired by trees native to the countries where its diamonds are sourced. Chapter 2 introduces four sets, each inspired by a tree emblematic of one…
Read More » -
Jun- 2025 -11 JuneManufacturers
De Beers CEO to attend Angola Ministerial Round Table
De Beers Group today announced that its CEO Al Cook will attend the Angola Ministerial Round Table on the promotion of natural diamonds, to be held in Luanda on 18 June 2025. The Round Table will bring together key stakeholders in the diamond industry to discuss the most effective approaches…
Read More » -
May- 2025 -29 MayE-Commerce
Dialog and Kunming Diamonds to launch collaboration at JCK 2025
Dialog Solutions and Kunming Diamonds have announced a new collaboration to have Kunming Diamonds’ natural yellow diamonds on the Dialog platform. The program will launch with a curated selection of natural yellow diamonds ranging from 0.70 to 5.00 carats, featuring the most attractive sizes, shapes, and qualities, each GIA-certified and…
Read More » -
8 MayRetailers
Pandora lowers profit guidance amid tariff fears
Pandora has revealed that it has lowered its EBIT margin guidance for the full year to “around 24%”, down from 24.5%. The retailer cited currency fluctuations and ongoing uncertainties around US trade tariffs as key factors behind the reduction in its margin expectations. Despite this, the company saw its sales…
Read More » -
Apr- 2025 -28 AprilManufacturers
De Beers rough diamond production falls 11% in Q1
The De Beers Group has reported its rough diamond production in Q1 2025 decreased by 11% to 6.1 million carats, reflecting the continued production response to the prolonged period of lower demand. In Botswana, production decreased by 8% to 4.6 million carats, as a result of the planned actions to…
Read More » -
7 AprilRetailers
US tariffs to cost Pandora up to £137m annually
Pandora has announced that the recent US decision to impose tariffs on imports from several countries will affect the group, with a potential gross impact of around DKK 1.2bn p.a. (£137.6m), particularly in relation to products shipped to the US from Thailand, as well as from Vietnam, India, China, and…
Read More » -
Feb- 2025 -21 FebruaryManufacturers
De Beers revenues plummet 23% in FY24
De Beers has reported a 23% reduction in total revenues to $3.3bn (£2.61bn) year-on-year, primarily due to a 25% reduction in rough diamond sales to $2.7 billion (£2.13bn). The consequential impact of lower sales volumes, a lower average price index and higher unit costs resulted in an underlying EBITDA of…
Read More »