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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Nov- 2014 -12 NovemberCurrent Affairs
New index for fancy colour diamonds released
A new index by The Fancy Color Research Foundation (FCRF) shows that fancy colour diamonds have delivered strong and consistent price increases, outperforming key global asset indices, since 2005. The Fancy Color Diamond Index has been developed by the FCRF from proprietary access to tens of thousands of fancy colour…
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11 NovemberCurrent Affairs
Bridlington thieves make off with £400k of jewellery
Griffin Jewellers in Prospect Street, Bridlington, was yesterday hit by thieves who cut a square hole in the store’s window before stealing a reported £400,000 worth of diamond rings. It is reported that the thieves took 15 seconds to cut the hole and were gone in just over one minute…
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11 NovemberVoice On The Highstreet
VOHS: Dervla Cogan, Brilliant Inc, London
Dervla Cogan of Brilliant Inc describes running a jewellery shop with her sister Emma, and how the market for fine jewellery that doesn’t break the bank is a winner in the West London scene. Tell us a bit about the company My sister Emma and I opened our Chelsea boutique…
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5 NovemberTrade Organisations
DDI to manage Kimberley Process technical assistance
The Diamond Development Initiative (DDI) has begun coordinating the ‘technical assistance’ function of the Kimberley Process with the help of a grant from Signet Jewellers. The Kimberley Process Certification Scheme (KPCS) is a joint government, industry and civil society initiative to stem the flow of conflict diamonds, especially those used…
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5 NovemberTrade Organisations
WFDB mulls future objectives
The World Federation of Diamond Bourses (WFDB) has concluded a three-day programme of meetings in Antwerp, revealing a strategy on the future mission of WFDB in the diamond trade. The strategy meeting, which included facilitator-led discussions, debated and agreed on themes that connect the WFDB and the international diamond trade’s…
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3 NovemberCurrent Affairs
GIA suspends diamond sealing services after receiving mis-labelled packet
The Gemological Institute of America (GIA) has suspended diamond sealing services and the issuance of duplicate reports at all locations, with immediate effect. In a statement, GIA said: “The Institute is taking this action after receiving a sealed diamond for verification that did not match the data label in the…
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2 NovemberEconomy
Blue Nile sees sales soar 25.6% in Q3
Online retailer of diamonds and fine jewellery Blue Nile has published a strong Q3 report with net sales up 6.9% and international net sales up 25.6%. The company saw its international sales for the third quarter reach $21.5m (£13.4m), compared to $17.1m (£10.7m) for Q3 in 2013, an increase of…
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Oct- 2014 -28 OctoberManufacturers
Petra Diamonds reports highest production in its history
Petra Diamonds has announced its revenue in Q1 was up 55% to $100.8m (£62.3m). The results also included the sale of an 85% interest in its 122ct Cullinan blue diamond for $23.5m (£14.5m), discovered earlier this year. The results, which covered production and sales from July 1 to September 30…
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28 OctoberTrade Organisations
Diamond bourses pull out of World Diamond Council AGM
The World Federation of Diamond Bourses (WFDB) and seven others major organisations have announced they are pulling out of the World Diamond Council’s (WDC) annual general meeting, due to take place on 28 October. The organisations signed a joint letter to the Council announcing explaining that they did not want…
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22 OctoberRetailers
Vashi sells shares on crowdfunding platform
Diamond jewellery e-tailer Vashi is selling shares on crowdfunding platform, SyndicateRoom. Vashi Dominguez, founder of Vashi, is seeking to raise a minimum of £600,000 through the equity crowdfunding platform. Since launching its investment page on the website over a week ago, the company has already attracted investment totalling £156,360, equating…
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