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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Dec- 2015 -21 DecemberRetailers
Laing Edinburgh opens new £1.7m store
Laing Edinburgh has announced the opening of its new £1.7m store on the capital city’s George Street. The 9,000 sq ft store, which is believed to be the largest jewellery store outside of London, was officially opened on Friday, 18 December, in celebration of the company’s 175th anniversary. The three-storey…
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16 DecemberRetailers
Boodles expands in Manchester with new three-storey shop
Fine diamond jewellery retailer Boodles is set to expand its presence in Manchester with the opening of a new three-level store. The company is set to move its Manchester store into Manchester city centre’s King Street, where it will operate a 3,000 sq ft store which will undergo a major…
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11 DecemberAuctions
Rare Kashmir sapphire and diamond ring sets new world auction record
A rare sapphire and diamond ring acheived $1.35m (£892,000) at Bonham’s New York fine jewellery auction on 8 December, setting a new world record. The Tiffany & Co ring – centred by an oval-cut sapphire, and flanked by European-cut diamonds weighing 7.84-carats – set the world record for the most…
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10 DecemberAuctions
Rare spider diamond ring predicted to fetch £200,000 at auction
A rare diamond ring in the shape of a spider – dubbed the ‘Spia-mond Ring’ – has been predicted to fetch £200,000 at auction. The original ring from the premier of the Spiderman 2 movie went on sale for 10 days on online auction website Catawiki on Friday, 4 December.…
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8 DecemberCurrent Affairs
Polished diamond prices increase for first time in six months
Polished diamond prices increased in November for the first time in six months, boosted by shortages of select categories and seasonal holiday demand. That is according to the latest RapNet Diamond Index (RAPI) which found 1-carat, GIA-graded diamonds rose 0.7% in price in November – its first increase in six…
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7 DecemberAuctions
Bonhams jewellery sale sets three world records
Bonhams’ last London Fine Jewellery sale of the year, which took place on Saturday 5 December, set three new auction world records. Jewellery from renowned designers including Cartier and Van Cleef & Arpels, along with a pair of Kashmir sapphires belonging to a European princess, went under the hammer. The…
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7 DecemberCurrent Affairs
De Beers suspends Canada Snap Lake mine operation
De Beers has announced it has suspended operations at its Snap Lake diamond mine in Canada due to poor market conditions. The company said work to suspend production at the mine has begun, a process which could take up to nine months. It will evaluate market conditions over the next…
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1 DecemberCurrent Affairs
Petra and Ekapa Mining acquires De Beers’ Kimberley mines
Petra Diamonds and South African mining company Ekapa Mining have announced the acquisition of De Beers’ Kimberley mines. Petra, which owns the Finsch and Cullinan mines, said that deal of 102 million rand (£46.9m) will see it own a 49.9% interest in the mine, with Ekapa owning a 50.1% share.…
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Nov- 2015 -30 NovemberCurrent Affairs
Petra recovers 23-carat pink diamond
Petra Diamonds has announced the recovery of a 23.16-carat pink diamond from its Williamson mine in Tanzania. The pink diamond is described as having “exceptional colour and clarity” and is an example of the high-quality pink diamonds for which Williamson is known. Petra said it is its “most significant” recovery…
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27 NovemberEconomy
Record auction sales boost jewellery investment performance
Record auction sales and strong demand for coloured diamonds and pearls have helped boost the investment performance of jewellery, according to estate agent Knight Frank. Launched at an event held at the Mayfair headquarters of auction house Bonhams, the latest edition of the firm’s Luxury Investment Index (KFLII) focused on…
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