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 -22 DecemberTrade Organisations
RJC partners with Natural Diamond Council on global sustainability campaign
The Responsible Jewellery Council (RJC) has partnered with The Natural Diamond Council (NDC) on a new global sustainability campaign ‘Thank You, By the Way’. The campaign, which also includes the Gem Jewellery Export Promotion Council (GJEPC), aims to show the impact that consumer purchases have on producing countries and local…
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22 DecemberRetailers
De Beers rough diamond sales drop to £249.35m
De Beers Group has announced its provisional rough diamond sales for the tenth cycle of 2021 has fallen year-on-year by 26% from $452m (£339.48m) to $332m (£249.35m). The value of rough diamond sales has also fallen by 24% compared to the group’s ninth cycle sales this year of $438m (£328.97m).…
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20 DecemberManufacturers
HB Antwerp launches Signum diamonds in the metaverse
HB Antwerp has announced the release of Signum, the new rough diamond brand, into the Metaverse community of Buns.land, NextDecade, with the launch of 12 diamond bunnies which sold out in under 3 minutes. Each bunny is also depicted next to a high-carat rough diamond, from which owners can reap…
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20 DecemberRetailers
Berry’s sees engagement ring sales soar 29%
Berry’s has unveiled that sales have continued to spike in the lead up to the festive season with around 29% more engagement rings sold than last year. While shapes like emerald and oval cut diamonds are showing a “huge vogue”, Berry’s stated that overall, the round brilliant cut has proven…
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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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