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 -10 MayNews
RapNet bans Russian diamonds
RapNet, the diamond trading network, has banned Russian diamonds from its platform amid the countryโs ongoing attack on Ukraine. According to Rapaport, the ban applies to all diamonds sourced from Russia after 24 February 2022, and it includes polished diamonds manufactured outside of Russia from Russian rough diamonds.ย All in…
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9 MayRetailers
Steven Stone Jewellers opens new flagship showroom in Manchester
Steven Stone Jewellers has opened the doors of a luxury showroom in the heart of Manchester city centre, aiming to offer a โcollaborative environment for designers and customers to create bespoke pieces togetherโ. Located on the third floor in St Johnโs Court, Quay Street, the showroom has been under construction…
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9 MayNews
Nivoda launches new website amid rebrand
Nivoda, the online diamond marketplace, has announced a rebrand of the business, including the launch of a new website to celebrate its fifth anniversary. The new website will include an updated design and improved user experience. The company also revealed it will be adding gemstones to the platform later this…
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5 MayDesigners
De Beers partners with Tracr blockchain platform
De Beers Group has announced it is deploying the Tracr blockchain platform at scale for its diamond production. The group said the introduction of Tracr at scale โdelivers immutable information on the source of De Beersโ diamonds across the value chain and makes source assurance for 100% of De Beersโ…
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3 MayFeatures
Exclusive: An insight into Lily Arkwrightโs European expansion
What is the history of the business? Launched in 2015 with a vision to offer consumers more, Lily Arkwright was designed to provide mined diamond alternatives to customers, offering more choice, better service and distinctive bridal jewellery. Why is Lily Arkwright planning to expand at this particular time? Itโs really…
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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 companyโs 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 โstrongโ 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 ยฃ107.66m
Petra Diamonds Limited has announced its revenues grew by 33% year-on-year in the three months ending 31 March 2022 (Q3), from $106m (ยฃ811.71m) to $140.6m (ยฃ107.66m). Additionally, revenues increased 43% year-on-year in the nine months to 31 March 2022 (YTD) from $284.2m (ยฃ217.63m) to $405.4m (ยฃ310.44m). Petra said the growth…
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