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- 2022 -3 MayManufacturers
Petra Diamonds prices plummet 23.7%
Petra Diamonds Limited has announced its like-for-like rough diamond prices decreased by 23.7% in the fifth tender cycle (Tender 5) of 2022. Petra said the reduction in prices is in line with the company’s guidance in its Q3 FY22 trading update last month, where Petra outlined it anticipated some pull…
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Apr- 2022 -28 AprilManufacturers
De Beers Q1 diamond production rises by 25%
The De Beers Group reported its rough diamond production increased by 25% to 8.9 million carats in the first quarter of 2022 (Q1). The group said this reflects a “strong” operational performance, and higher planned levels of production to meet continued demand for rough diamonds. This compares to Q1 2021…
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27 AprilRetailers
Vrai launches Halo-inspired collection
Vrai has unveiled its new Halo collection, consisting of new sustainable studs and necklaces. The pieces are available in a 14k solid yellow, white, or rose gold setting, and the necklaces come with a matching coloured chain. Additionally, all pieces come in round brilliant, oval, emerald, pear and princess shapes.…
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22 AprilDesigners
BAJ and Lewis Malka collaborate for engagement ring scheme
The British Academy of Jewellery has announced the culmination of its collaboration with Lewis Malka and the London Diamond Bourse. BAJ design and manufacturing diploma students were challenged to design and make a ring inspired by the concept of cultural identity. The pieces were wax carved and cast in silver,…
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20 AprilManufacturers
Petra Diamonds Q3 revenues hit £107.66m
Petra Diamonds Limited has announced its revenues grew by 33% year-on-year in the three months ending 31 March 2022 (Q3), from $106m (£811.71m) to $140.6m (£107.66m). Additionally, revenues increased 43% year-on-year in the nine months to 31 March 2022 (YTD) from $284.2m (£217.63m) to $405.4m (£310.44m). Petra said the growth…
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19 AprilNews
TH March celebrates 135th anniversary
TH March, the UK specialist jewellery insurance broker, is celebrating its 135th anniversary with an updated brand and an enhanced offering “to meet its customers’ changing needs”. Founded in 1887 by the son of a Hatton Garden diamond merchant, the firm made its name providing specialist jewellery and watch cover…
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19 AprilManufacturers
De Beers rough diamond sales drop 13% to £433m
The De Beers Group has announced its rough diamond sales dropped 13% in the period from 28 March to 12 April (cycle three) from $652m (£500.26m) in the second sales quarter to $565m (£433.51m). However, this is still up 25% year-on-year compared to $450m (£345.2m) in the third cycle of…
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12 AprilRetailers
Christie’s presents red cross diamond charity sale
Christie’s has announced that The red cross diamond is up for sale,with part of the sale revenue to be donated to the international committee of the Red Cross. The jewel is a yellow, cushion-shaped diamond of 205.07 carats and marks only the third time in over 100 years that Christie’s…
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8 AprilProduct Launches
VRAI launches Blossom collection
Vrai has launched its Blossom collection comprising necklaces and studs to celebrate spring. The Vrai Blossom necklace features five sustainably-created marquise diamonds which form a spring flower in bloom, which match the Blossom Studs to create a matching jewellery for a “spring look”. The pieces are available in 14k recycled…
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7 AprilRetailers
Tiffany & Co to open brand exhibition in London
Tiffany and Co has announced it will launch the next chapter of its ‘Vision and Virtuosity’ exhibition in the Saatchi Gallery, bringing over 400 objects from the House’s archives to London from 10 June to 19 August 2022. Marking the jeweller’s 150th anniversary in London, the exhibition will take visitors…
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