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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Dec- 2021 -17 DecemberAuctions
Christie’s online sale reaches £8.8m
Christie’s has revealed that its latest sale, which took place online from 30 November to 14 December, achieved a total of €10.4m (£8.8m). Leading the sale was a Boucheron ruby ring weighing 7.05 carats which fetched €980,000 (£833,602) selling 10 ten times its pre-sale estimate. Further highlights included a Cartier…
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15 DecemberRetailers
Andre Michael launches new tanzanite collection
Jeweller Andre Michael has announced the launch of a new collection of premium, responsibly sourced tanzanite jewellery, which is now available to retailers in the UK and Ireland. The evenly saturated deep blue tanzanites, weighing between one and four carats, feature in a wide assortment of fine jewellery items. The…
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15 DecemberManufacturers
Petra Diamonds sees Q3 sales up 30.7% to £96.7m
Petra Diamonds has announced its Q3 sales for FY22 totalled $128.3m (£96.7m), up 30.7% year-on-year compared to $98.1m (£73.9m) in Q3 FY21. The company’s Q3 results also increased by 11.6% compared to $114.9m (£86.6m) in Q1 FY22. Altogether, the sales combined to a total of $264.7m (£199.6m) year-to-date in FY22,…
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13 DecemberManufacturers
Alrosa diamond sales surge 71.7% to £2.95bn
Alrosa has reported its total rough and polished diamonds sales increased by 71.7% in the first 11 months of 2021, up to $3.91bn (£2.95bn) from $2.28bn (£1.72bn) in 2020. This total includes $3.73bn (£2.81bn) of rough diamond sales and $179m (£134.95m) of polished diamond sales. Meanwhile, the company’s rough and…
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10 DecemberManufacturers
Alrosa and AWDC renew cooperation agreement
Alrosa has announced a renewal of its cooperation agreement with the Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond industry. The objective of the agreement is to improve the scope and efficiency of the ties between Alrosa and AWDC, and to commit to supporting the diamond…
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8 DecemberUncategorized
The future of luxury jewellery
Keeping up with the changing moods and values of consumers can be a challenge for jewellery businesses, particularly since the pandemic acted like an accelerator for changes in consumer buying habits and values. Dr. Federica Carlotto, Program Director for the MA in Luxury Business at Sotheby’s Institute of Art, London,…
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8 DecemberRetailers
Prestige Valuations launches ethical ring collection
Hatton Garden-based jeweller, Prestige Valuations, has launched a new range of fully sustainable, ethical natural diamond rings, in a bid to reduce the carbon footprint of proposals. The first piece in the collection is a 0.5 carat engagement ring. The diamond engagement ring is set in Fairtrade gold and comes…
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7 DecemberRetailers
Goldsmiths unveils new showroom in Leeds
Goldsmiths has announced the opening of its latest showroom concept at the White Rose Shopping Centre in Leeds. The new showroom comprises a new interior concept, as well as a line-up of luxury timepieces and fine-jewellery brands, including Roberto Coin, Kiki McDonough, Gucci and Jenny Packham, along with an exclusive…
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6 DecemberRetailers
Goldsmiths reopens newly renovated Leicester showroom
Goldsmiths has opened its doors in Highcross, Leicester, to reveal a dynamic new design and shopping experience. The new expanded showroom boasts a fresh interior concept, as well as a line-up of timepieces and fine-jewellery brands. The showroom also features Goldsmiths’ own exclusive brightest diamond featuring its own proprietary stone…
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3 DecemberRetailers
Signet sees sales reach £1.1bn in Q3
Signet jewellers, the diamond jewellery retailer, has announced its total sales reached $1.5bn (£1.1bn) for the 13 weeks ending October 30, 2021 (Q3 22), which is an increase of more than $235m (£117m) compared to Q3 21 and more than nearly $350m (£263m) than Q3 FY20. The jewellers operating income…
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