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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Sep- 2015 -15 SeptemberInternational
357-carat white diamond sold for $19.3m
British global diamond mining business, Gem Diamonds Limited, has announced that an exceptional 357-carat white diamond has been sold $19.3 million. The diamond, which was recovered from the Letšeng mine in July this year, went on tender in Antwerp last week. Gem Diamonds CEO, Clifford Elphick, said: “The Letšeng mine has produced…
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10 SeptemberInternational
New international diamond trading platform to launch
A new international electronic diamond trading exchange is due to launch after an announcement by security and transport firm Brink’s, and Diamdax. The two companies said the strategic joint venture will “re-write the convention” for professional diamond trading. In statement, the two firms said: “Combining Brink’s 155 years of expertise in…
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2 SeptemberManufacturers
INFOGRAPHIC: How a diamond is made
Diamonds first formed in the earth some 1 billion to 3 billion years ago, and is now the most sought after gemstone within the jewellery industry. In the below infographic Gear Jewellers, a jewellery retailer in Dublin, talks us through every stage of the diamond industry, from how they are formed to the buying process.
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Aug- 2015 -27 AugustRetailers
Signet reports same-store sales growth of 4.2% in Q2
Jewellery retail conglomerate Signet Jewelers reported an increase in sales in its second quarter financial results, beating its expectations for the period. In the 13 weeks ending August 1, Signet reported an increase in same-store sales of 4.2%, while total sales were up 15.1% to $1.4bn (£908m) compared with the…
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21 AugustCurrent Affairs
Gem Diamonds cites challenging diamond market as profits fall
UK-based diamond production firm Gem Diamonds has been affected by the challenging diamond market as profits fell in the first half of the year. In its first-half financial report for the six months ending June 30, 2015, Gem Diamonds reported that its pre-tax profits fell from $56.2m (£35.7m) in the…
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20 AugustCurrent Affairs
Lucara recovers 336-carat diamond in Botswana
Diamond production company Lucara has recovered a type IIa, 336-carat diamond from its Karowe Mine in Botswana. In addition the company also reported a number of “exceptional” diamonds, including a 184-carat, a 94-carat and an 86-carat stone. A 12-carat pink stone was also recovered, however the company said that it…
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19 AugustRetailers
Laing Edinburgh celebrates 175th anniversary with £175,000 diamond necklace
Independent jeweller Laing Edinburgh has marked its 175th anniversary with the creation of a one-off diamond necklace valued at £175,000. The necklace, named ‘175’, features 447 brilliant-cut and pave diamonds set in platinum with a double diamond drop. The piece is described as “timelessly elegant with a contemporary twist”. Taking…
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11 AugustWatch Focus
Backes & Strauss opens Mayfair boutique
Backes & Strauss, which specialises in diamond watches, has announced the opening of a new boutique store in London’s Mayfair. The store, which is located on Grosvenor Street, will showcase timepieces from the brand’s Duchess, Renaissance, Royal Jester and Victoria collections. Alongside the timepieces, the store will also house historical…
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5 AugustCurrent Affairs
Diamond market mood plummets to 2008 levels
Diamond prices fell again in July as market sentiment slumped to levels not seen since the 2008 downturn, according to the latest report from Rapaport. The report said that manufacturers rejected large quantities of rough supply as trading and manufacturing activity plummeted. It said that rough prices are unsustainable due…
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4 AugustProduct Launches
GIA introduces digital Diamond Focus Report’
The Gemmological Institute of America (GIA) has announced a new digital Diamond Focus Report. The low-cost digital report will be for natural, D-to-Z colour, round brilliant-cut diamonds that weigh between 0.15 and 0.29 carats. The information included in the report – which includes carat weight, color, clarity, cut grades, polish…
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