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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Jun- 2016 -7 JuneEconomy
Polished diamond prices dip in May
The price of polished diamonds declined slightly in May as buyers waited for the JCK Las Vegas show, which took place between 3 to 6 June. Despite this, the Rapaport Group’s RapNet Diamond Index (RAPI) said trading at the show was “relatively weak” with slower traffic than in previous years.…
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2 JuneAuctions
‘Aurora Green’ sells for record breaking £11.7m
The 5.03ct ‘Aurora Green’ diamond has gone under the hammer for $16.8m (£11.7m) – a world auction record for a green diamond. The rectangular-cut fancy vivid green diamond was sold at Christie’s Hong Kong Spring Sales of Magnificent Jewels for more than $3.3m (£2.3m) per carat. In total, the auction…
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May- 2016 -31 MayQ&A Sessions
Company Q&A: Betts Metals
Following the company’s acquisition of Sutton Tools, we stopped by the company’s base in Birmingham and spoke to Rosannah Fellows, operations and marketing manager, to find out more. Give us a quick summary of Betts Metals’ history. Betts Metal Sales is a member of the Stephen Betts Group. The original family…
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31 MayTrade Organisations
WFDB launches Young Diamantaires programme
The World Federation of Diamond Bourses (WFDB) has launched the Young Diamantaires programme at its recent 37th World Diamond Congress in Dubai. The project, which came out of discussions held by the WFDB’s Promotion Committee, aims to promote ongoing communications between younger diamond industry members and reaching out to new…
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27 MayRetailers
Signet Jewelers reports record first quarter earnings
Signet Jewelers, the parent company of UK-based H Samuel and Ernest Jones, has reported record earning for the first quarter of the year. For the 13 weeks ending April 30, 2016, the company reported diluted earnings per share grew 26.4%. Same-store sales for the retail conglomerate were up 2.4% with…
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25 MayAuctions
World’s largest fancy intense blue diamond could fetch £19.8m
The world’s largest fancy intense blue diamond – the ‘Cullinan Dream’ – to go under the hammer could fetch up to $29m (£19.8m). The 21.18ct diamond will be auctioned as the centrepiece of Christie’s Magnificent Jewels and The Cullinan Dream auction on 9 June 2016 in New York, with the…
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24 MayEconomy
De Beers reports ‘continued stability’ of rough diamond demand
The De Beers Group of Companies has announced the “continued stability” of rough diamond demand, following its latest sales cycle. In its fourth sales cycle of 2016 the company reported rough diamond sales of $630m (£431m) compared with the $666m (£456m) realised in its third sales cycle earlier this year.…
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23 MayAppointments
Steven Stone Jewellers appoints new director
Steven Stone Jewellers has appointed Max Stone as director of the family-owned business. Stone, who represents the third generation of the family-owned company, will oversee the company’s Hale showroom in Cheshire, with the firm’s Palm Beach showroom operated by his father, Steven Stone, and its London showroom run by Max’s…
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20 MayAuctions
Oppenheimer diamond sells for record £39.5m
A new world record for any jewel sold at auction as been set by the Oppenheimer Blue diamond after it sold for $57.5m (£39.5m). The diamond, which is the largest fancy vivid blue diamond ever offered at auction, was sold at the Christie’s auction of ‘Magnificent Jewels’ held at held…
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18 MayTrade Organisations
New LDB president appointed as Harry Levy named chairman
The London Diamond Bourse (LDB) has appointed Menachem Prager as its new president, simultaneously creating a new chairman role. Current president Harry Levy has been appointed to the newly created position. Former vice-president Prager, who is the principal of a successful diamond company, has been a member of the bourse…
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