Diamond
Diamonds remain the cornerstone of the global jewellery trade, shaping trends and driving consumer demand across all market segments. For UK jewellers, designers, wholesalers, and manufacturers, staying informed about developments in the diamond sector is critical to navigating supply chain dynamics, pricing fluctuations, and shifting consumer preferences. Jewellery Focus provides comprehensive coverage of the diamond industry, including market analysis, ethical and lab-grown alternatives, regulatory changes, and insights into sourcing and sustainability. From the latest trends in diamond jewellery to updates from major producers and distributors, our reporting equips trade professionals with the knowledge to make informed commercial decisions.
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Apr- 2017 -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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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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Mar- 2017 -31 MarchRetailers
Independent jewellers to close after 70 years in business
Family-owned Revills Jewellers of Spalding, in Lincolnshire, will shut its doors at the end of July after 70 years in business. The store was first opened by Roy Revill on Francis Street before moving to its current location on Market Place, but current managing director Nick Revill told local paper…
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31 MarchManufacturers
De Beers awarded for its ecological efforts
Diamond mining firm, the De Beers Group, has gained recognition for its ecological approach to its mining activities. Its mining operation, De Beers Consolidated Mines, was awarded with the Wildlife Ranching SA Award for ‘Biodiversity and Social Responsibility’. The judges of the awards board described De Beers as being “best-class…
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30 MarchDesigners
Online diamond retailer Vashi to open first flagship store
Online diamond jeweller Vashi has revealed plans to open its first brick-and-mortar store in London’s Piccadilly Circus. Drawing on its strong online retail experience, the company said it hopes to offer “unique in-store customer service”. Vashi will be enlisting the help of design agency gpstudio to develop the flagship store.…
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23 MarchDesigners
C W Sellors recreates jewellery for Chatsworth’s largest exhibition
Derbyshire fine jeweller C W Sellors has recreated jewellery for Chatsworth’s largest exhibition to date – ‘House Style: Five Centuries of Fashion at Chatsworth’. C W Sellors is an official sponsor of the event at the home of the Duke and Duchess of Devonshire, which aims to explore the history…
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21 MarchRetailers
De Beers Group takes full ownership of eponymous retail brand
The De Beers Group has concluded the acquisition of LVMH’s 50% shareholding in De Beers Diamond Jewellers, to take full ownership of the company. The De Beers Diamond Jewellers’ retail chain comprises 32 stores in 17 consumer markets around the world, including a growing business in greater China, an established…
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20 MarchTrade Organisations
NAJ to launch millennial-led steering group
The National Association of Jewelers (NAJ) is calling on millennials to form a new steering group. The steering group will aim to give millennials – which by 2020 will form 50% of the global workforce – a platform to voice their ideas, while at the same time looking at how…
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17 MarchCurrent Affairs
Sierra Leone pastor finds huge 709-carat diamond
A Christian pastor in Sierra Leone has discovered one of the world’s largest uncut diamonds. The 709-carat stone was found by Emmanuel Momoh in the Kono district. He handed it to to a local chief who then passed it on to Sierra Leone’s president Ernest Bai Koroma. The diamond is…
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