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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Aug- 2015 -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 โexceptionalโ 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 ยฃ175,000 diamond necklace
Independent jeweller Laing Edinburgh has marked its 175th anniversary with the creation of a one-off diamond necklace valued at ยฃ175,000.ย The necklace, named โ175โ, features 447 brilliant-cut and pave diamonds set in platinum with a double diamond drop. The piece is described as โtimelessly elegant with a contemporary twistโ. 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 Londonโs Mayfair. The store, which is located on Grosvenor Street, will showcase timepieces from the brandโs 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.ย 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 Reportโ
The Gemmological Institute of America (GIA) has announced a new digital Diamond Focus Report.ย 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 โ which includes carat weight, color, clarity, cut grades, polish…
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Jul- 2015 -30 JulyAppointments
WFDB appoints Louise Prior to executive director
The World Federation of Diamond Bourses (WFDB) has announced that it has appointed Louise Prior to the newly created position of executive director.ย Formerly a senior executive at De Beers, where she was responsible for strategic development and implementation and management of global sightholder services, Prior will take responsibility of…
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28 JulyTrade Organisations
Ernie Blom praises new ISO standard for diamonds
President of the World Federation of Diamond Bourses (WFDB), Ernie Blom, has praised the release of a new ISO standard for diamonds.ย ISO International Standard 18323: Jewellery – Consumer confidence in the diamond industry, provides a series of definitions which aim to provide clarity for traders and to maintain consumer…
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27 JulyEconomy
Petra Diamonds production up but revenue falls 10%
Independent mining firm Petra Diamonds has reported a fall in revenue despite an increase in production in its full year financial results, ending June 30.ย Revenue for the company was down 10% to $425m (ยฃ273.9m), which it put down to lower average diamond prices than in the same time last…
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27 JulyProduct Launches
Julia Cook designs charity collection for St Mungo’s Broadway
Goldsmith Julia Cook has designed a charity collection for homeless charity St Mungoโs Broadway.ย The โsummeryโ collection has been designed by Cook in an effort to raise money for the charityโs Rebuilding Shattered Lives appeal, which helps to support homeless women. The range of gold and silver jewellery, named โUnityโ,…
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24 JulyEconomy
De Beers sales fall 21% in first half of 2015
Diamond company De Beers has reported a total sales decrease of 21% to $3bn (ยฃ1.94bn) in the first six months of the year to June 30, 2015. ย According to the first half results published by mining group Anglo American, which owns 85% of De Beers, underlying earnings before interest,…
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