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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Jan- 2016 -28 JanuaryEconomy
De Beers rough diamond sales slump 39% in 2015
Rough diamond sales for De Beers slumped 39% to 19.9 million carats in 2015, according to the firm’s parent company Anglo American. In its production report for the fourth quarter of 2015, the company said that the drop in sales was due to a 12% fall in production to 28.7…
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26 JanuaryEconomy
De Beers sells £380m worth of diamonds in first sale of 2016
De Beers has announced it sold $540m (£380m) worth of rough diamonds in the first sales cycle of 2016 – more than doubling the value achieved in the final sales cycle of 2015. The company, which holds 10 sales cycles each year, said that the sales achieved was a “significant”…
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25 JanuaryEconomy
Petra Diamonds revenue falls 28% in first-half results
Petra Diamonds has announced that revenue for the first six months of the financial year – ending December 31 – fell 28% to $154m (£108m). The fall in revenue was despite a 2% increase in production to 1,629,403 carats – compared with 1,601,069 carats in the same period last year…
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22 JanuaryEconomy
2016 ‘likely to be volatile’ claims De Beers CEO
De Beers Group chief executive, Philippe Mellier, warned of likely “volatility” in the diamond industry in 2016. Addressing a sightholder reception on Wednesday, Mellier said despite “encouraging signs” in the industry at the start of 2016, the recovery in the diamond sector remained “delicate” and there there is likely to…
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21 JanuaryTaking Stock
M Vainer
Natural fancy colours are “truly nature’s aberrations”, says diamond expert Richard Vainer. They only form when conditions are on the edge of ‘possible’ for diamond formation, this can create shifts in the crystal structure, or when impurities such as nitrogen (which colours diamonds yellow) or, more rarely, boron (which colours…
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15 JanuaryTaking Stock
True British craftsmanship from Wedds & Co
True British craftsmanship of beautiful wedding rings at competitive prices. Wedds & Co’s finest collections of plain, diamond-set wedding and eternity bands suit all tastes and budgets. Collections and display packages are available to complement any discerning retailer’s window. Its new 2016 Diamond Signature range launch is available in channel, mill…
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8 JanuaryRetailers
EXCLUSIVE: Winsor Bishop on track for ‘record’ sales growth
Norwich-based independent jeweller Winsor Bishop is on target to achieve the highest sales growth in its 185-year history, Jewellery Focus can reveal. In the financial year to date (from 1 April to 31 December), the jeweller – which was victim of an armed robbery earlier this year – reported a…
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5 JanuaryEconomy
Polished diamond prices increase in December
The price of polished diamond continued to increase in December, boosted by last-minute Christmas holiday orders. The latest Rapnet Diamond Index (RAPI) from Rapaport found the price of 1-carat, GIA-graded diamonds increased 1.5% during the month. RAPI for 0.30-carat diamonds and 0.50-carat diamonds increased by 4.7% and 3% respectively, while…
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4 JanuaryRetailers
Chisholm Hunter sells rare £500,000 diamond ring
Luxury jeweller and diamond merchant Chisholm Hunter has sold a rare diamond ring for more than £500,000. The 5-carat round brilliant D-colour flawless diamond ring was purchased by one of the store’s customers as a Christmas present for this wife. The diamond ring was crafted by the retailer’s in-house jewellers…
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Dec- 2015 -23 DecemberOpinion
Another step forward in an ongoing challenge
Diamond grading issues have been a hot topic in recent months, but a new ISO Standard could benefit the consumer and retailer. STELLA LAYTON, chief assay master at the Birmingham Assay Office, explains.[divider style=”solid” top=”20″ bottom=”20″] The industry has come a long way since we staged our first Great Debate…
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