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 -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%.ย The company saw its international sales for the third quarter reach $21.5m (ยฃ13.4m), compared to $17.1m (ยฃ10.7m) 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 (ยฃ62.3m).ย The results also included the sale of an 85% interest in its 122ct Cullinan blue diamond for $23.5m (ยฃ14.5m), 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 Councilโs (WDC) annual general meeting, due to take place on 28 October.ย 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.ย Vashi Dominguez, founder of Vashi, is seeking to raise a minimum of ยฃ600,000 through the equity crowdfunding platform. Since launching its investment page on the website over a week ago, the company has already attracted investment totalling ยฃ156,360, equating…
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17 OctoberRetailers
Beaverbrooks to launch new diamond ring collection
Beaverbrooks unveiled a new diamond ring collection this week as an addition to its โEraโ range.ย The Beaverbrooks Era collection was launched earlier this year in celebration of the firmโs 95th birthday, and was created through a revival of some of the bestsellers in its 95-year history. The collection includes…
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17 OctoberRetailers
New independent jewellery retailer opens in Manchester
A new independent jewellery store, Wilbrahams, has officially opened in Chorlton, Manchester.ย The retail outlet has been opened by master jeweller Alexander Filippidi, returning to where he first started his work in Chorlton within Charmers Jewellers, and his partner Heather Williamson. Wilbrahams of Chorlton received financial help from Manchester High…
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16 OctoberCurrent Affairs
One in three women โwould rather choose their own engagement ringโ
A third of engaged or married women would prefer to have chosen their engagement ring themselves, according to new research.ย The OnePoll survey, conducted on behalf of online diamond specialist Diamonds Factory, found 36% of women would have preferred to choose the ring themselves, with one in six (15%) dissatisfied…
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13 OctoberTrade Organisations
GJEPC India deny reported effects of Antwerp Diamond Bank closure
The Gem and Jewellery Export Promotion Council (GJEPC) India has asserted that news stories claiming diamantaires are offering discounts of 5% to 20% in the wake of the Antwerp Diamond Bank Closure are โfalse and baselessโ.ย In a strongly-worded statement, GJEPC said that articles published were โwithout substantial understanding of…
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10 OctoberTrade Organisations
Over 75% of RJC members are now certified
RJC has announced over 75% of its members have now achieved Certified Member status under the RJC Code of Practice (COP).ย This means that more than 400 of the total 532 members are now certified, with the remaining members working towards their two-year deadline following joining RJC. These certified members…
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