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- 2015 -17 AprilEvents
RJC celebrates tenth anniversary with AGM in Mumbai
The Responsible Jewellery Council (RJC) has celebrated its 10th anniversary this week by hosting its first annual general meeting (AGM) outside of Europe. Co-hosted by the Gem and Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse (BDB), the AGM represented the organisation’s first conference held outside of Europe. The…
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16 AprilE-Commerce
Gemporia unveils exclusive collection in House of Fraser
Online retailer Gemporia is launching its first high street product with retail stalwart House of Fraser. The previously online-only jewellery brand will be available in 20 stores from next week as part of a first-phase roll-out into House of Fraser. Gemporia will eventually be housed in 42 stores, including the flagship…
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15 AprilCurrent Affairs
LDB to offer support to those affected by Hatton Garden Raid
The London Diamond Bourse (LDB) has today announced it will act as centralised point of contact for members of the trade affected by the recent robbery in Hatton Garden. The LDB said that it is concerned that there is no “coordinated effort” to manage the situation outside the consumer press…
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14 AprilAuctions
Rapaport Melee Diamond Index down as polished sales continue decline
Rapaport sold over 135,000cts of polished diamonds for $28.9m (£19.7m) in Q1, as its Melee Diamond index for small diamonds decreased by 4% to 124.50. This is according to Rapaport’s Melee Index (RMI), which was down 9.5% year-on-year from 137.60 in March 2014 Rapaport said polished diamond prices continued to…
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10 AprilCurrent Affairs
London Diamond Bourse ‘greatly concerned’ by Hatton Garden robbery
The London Diamond Bourse (LDB) has said it is “greatly concerned” by the Hatton Garden jewellery raid which took place over the Easter weekend. In the statement Victoria McKay, chief operating officer at LDB expressed particular concern about the “incorrect information” being reported in the media. LDB said that it…
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10 AprilCurrent Affairs
Bonhams proclaims 2015 as ‘year of the coloured gemstones’
Coloured gemstones, such as rubies, sapphires and emeralds are this year’s must-have gems, according to Bonhams. The auction house said that this demand was thanks to their being sported by A-list celebrities such as the Duchess of Cambridge, Beyonce, Naomi Watts, Rosamund Pike and Mila Kunis. Jean Ghika, head of…
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1 AprilEconomy
Polished diamond prices fall in March
Polished diamond prices softened in March as trading volumes were restricted by weak demand, according to the latest report from Rapaport. Diamond market sentiment was “weak” throughout the first quarter, with jewellers avoiding large inventory purchases and buying focused on satisfying specific demand to fill existing orders. The RapNet Diamond…
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Mar- 2015 -30 MarchRetailers
Fraser Hart opens new store in Worcester
Jewellery chain Fraser Hart has announced the opening of a new store in the centre of Worcester. The store, which opened on Saturday, March 28, has been designed to create a “light, spacious and welcoming shopping atmosphere” in-keeping with the jeweller’s existing interior design theme. The store, which is fitted…
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27 MarchRetailers
Signet delivers highest Q4 sales growth in 13 years
Signet’s UK division, which owns H Samuel and Ernest Jones, has experienced its highest Q4 sales increase in 13 years and its best operating profit in three years. In the 13 weeks to January 31, the company reported a same-store sales increase of 7.5%, with total sales reaching $278m (£186.6m).…
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26 MarchEconomy
Record $81bn diamond jewellery demand in 2014
Global demand for diamond jewellery hit $81 billion in 2014, a 3% increase compared with the previous year and a record high. This is according to new industry insight data published today by The De Beers Group of Companies. The data showed there was positive growth in consumer demand for…
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