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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May- 2024 -28 MayTrade Organisations
London Diamond Bourse announces new council of management
The London Diamond Bourse has welcomed two new members to the Council of Management and bid farewell to three members of the Executive Committee. After serving multiple terms as president, Alan Cohen has stepped down, passing the leadership to David Troostwyk, who has been co-president alongside him for six months.…
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28 MayNews
Perwyn invests in Rubel and Ménasché
Perwyn, a European private equity player, has made a significant investment in diamond dealer Rubel and Ménasché alongside the management team with a view to accelerating the company’s growth. Founded in 1956 and located on Rue de la Paix in Paris, Rubel and Ménasché has experienced sustained growth over the…
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24 MayManufacturers
De Beers fourth cycle diamond sales drops to $380m
The De Beers Group has reported that its rough diamond sales for its fourth sales cycle amounted to $380m (£298.7m) as at 22 May 2024. The figures mark a decrease on the $446m (£350.6m) sold in the fourth sales cycle of 2024, and is also down from $479m (£376.6m) in…
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23 MayRetailers
Hatton launches Infinity jewellery range as part two of Mad collab
Hatton Labs has announced the launch of its limited edition line of jewellery range, Infinity, as part two of its Mad Paris collaboration. The new collection is sold exclusively at Mr Porter and comprises three pieces, a necklace, a bracelet and a ring each crafted with inlaid baguette and princess…
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20 MayDesigners
Loveness Lee launches debut engagement ring collection
Loveness Lee has announced the launch of its six-piece engagement ring collection, marking its debut in the engagement category. The Loveness Lee Engagement Ring Collection is available with baguette, pear, oval and brilliant cut diamonds paired with sapphires and emeralds. The stones are set in solid 18ct recycled yellow or…
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14 MayManufacturers
Anglo American to offload De Beers
Mining company Anglo American has set out plans to sell De Beers its diamond business, as part of its wider turnaround plan. The group stated that the plan would “unlock significant value from its portfolio and accelerate the delivery of consistently stronger shareholder returns”. As part of this plan the…
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13 MayRetailers
Lightbox lowers lab-grown diamond retail prices by up to 40%
De Beers Group’s lab-grown diamond brand Lightbox has announced it has lowered the retail price of its lab-grown diamonds by up to 40%. The brand’s colourless DEF stones, featuring an excellent cut and VS clarity, are now $900 (£716.7) a carat, down 40% from $1,500 (£1194.6). The price of lab-grown…
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9 MayRetailers
Diamnet launches revamped service
Diamond trading platform Diamnet has announced that it has launched its upgraded service. As part of this the company has launched a new website with a “modern and intuitive interface”. The new website has also been optimised for speed whether on mobile or on desktop. Diamnet has also established a…
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7 MayTrade Organisations
London Diamond Bourse secures 10 year Hatton Garden renewal
The London Diamond Bourse (LDB) has announced the successful renewal of its lease for its Hatton Garden location for the next 10 years. The decision ensures the stability and continuity of operations for its members but also aligns seamlessly with the organisation’s future visions. The Hatton Garden area has been…
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3 MayDesigners
Graff unveils Wild Flower campaign
Graff has announced the launch of its new Wild Flower campaign to raise the profile of the Wild Flower collection it launched a few years ago. The collection includes rings and bracelets set with exquisite pavé diamonds flourish in profusion around single round diamond centre stones. Each petal on each…
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