Covid-19
Covid-19 brought unprecedented challenges to the UK jewellery trade, reshaping retail, supply chains, and consumer behaviour. For jewellers, manufacturers, and suppliers, understanding the pandemic’s lasting impact is essential to building resilience and adapting strategies. Jewellery Focus offers in-depth coverage of Covid-19’s effects on the industry, including market analysis, recovery efforts, e-commerce growth, and insights into how businesses are navigating a post-pandemic landscape.
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Dec- 2020 -17 DecemberNews
De Beers Group hits $440m in tenth sales cycle
De Beers Group has announced the value of rough diamond sales for the period 7 December to 16 December the tenth sales cycle of 2020 to be $440m (£323m), up from $426m (£313m) the year before. Despite the restrictions imposed by Covid-19during the period, De Beers said it has continued…
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15 DecemberQ&A Sessions
Interview: Jennifer Georgeson, founder and CEO of So Just Shop
So Just Shop is a jewellery, accessory and homeware marketplace working directly with women-led artisans from some of the most vulnerable communities around the globe. Jewellery Focus sat down with the business’ founder and CEO, Jennifer Georgeson, to discuss empowering women, sustainability in business and navigating the difficulties resulting from…
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9 DecemberCoronavirus
Hong Kong jewellery shows postponed till July 2021
HKTDC has announced that The Hong Kong International Jewellery Show will be rescheduled to July 2021 attributed to both Covid-19 and lockdown restrictions. The show was scheduled to take place in March 2020 but has since been postponed throughout the year on multiple occasions with it now officially due to…
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Nov- 2020 -27 NovemberNews
Tiffany and Co Q3 performance beats expectations
Tiffany and Co has managed to beat expectations by reporting a net sales decrease of only 1% to $1.008bn (£756m) compared with $1.014bn (£760m) last year in its third quarter financial statement ending 31 October 2020. The jeweller said the decrease was attributed to cost management schemes and the ongoing…
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26 NovemberNews
Beaverbrooks reports annual turnover rise of 12.4%
Beaverbrooks has released its latest financial statement for the full year to 29 February 2020, which saw its annual turnover increase 12.4% to £143.2m from £127.4m last year, reflecting the sixth consecutive year of growth for the organisation. During the same period, the jewellery company also reported its operating profit…
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20 NovemberDesigners
Lebrusan Studio announces charity fundraising
Jewellery brand Lebrusan Studio has announced its plan to raise funds for The Water Project over the Black Friday weekend. The jeweller said that 20% of the proceeds sold between 25 November and 1 December will go to the non-profit organisation, whose aim is to grant access to clean and…
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18 NovemberEconomy
Rough diamond value falls in Cycle 9, says De Beers
De Beers Group has announced that the value of rough diamond sales slightly declined against the previous cycle for the ninth sales cycle of 2020. Currently, rough diamonds are being provisionally valued at $450m (£338m) for the ninth sales cycle, which is a decrease from the $467m (£351m) sales value…
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9 NovemberCoronavirus
Pfizer reveals Covid-19 vaccine candidate is 90% effective
A successful Covid-19 vaccine is a step closer after Pfizer/Biontech revealed its vaccine candidate is 90% effective, according to its first interim analysis. The findings, which are well above the 50% effectiveness for a vaccine to be approved, comes following a clinical trial which involved over 43,000 people. Some 42%…
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3 NovemberCoronavirus
Assay offices to remain open in England
The three assay offices based in England are set to remain open during the upcoming nationwide lockdown, they have confirmed. It comes after prime minister Boris Johnson announced that the country would enter a nationwide lockdown from 5 November to 2 December. The Edinburgh Assay Office in Scotland is exempt…
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Oct- 2020 -26 OctoberInternational
Rough diamond demand improves despite lower production, De Beers finds
De Beers has announced that rough diamond production fell by 4% to 7.2 million carats in its third quarter, driven by planned reductions in production to reflect the lower demand for rough diamonds amid the pandemic. It comes as Covid-19 related measures remain in place, according to the group, in…
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