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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Jun- 2021 -22 JuneAuctions
Sotheby’s to accept crypto payment for £10m diamond
Sotheby’s has revealed that it will accept cryptocurrency payment for a diamond that may sell for over £10m. According to Sky News, the 101.38-carat pear-shaped diamond will be the first stone of such a value to be available to purchase using cryptocurrency, although it is also listed for traditional payments.…
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15 JuneRetailers
Lebrusan Studio launches anti-child labour fundraiser
Jewellery brand Lebrusan Studio has launched a £1,000 fundraiser in aid of the Global March Against Child Labour. To incentivise customers, the brand is offering rewards in exchange for donations, including pairs of crafted filigree stud earrings and a number of silver charms as well as discount codes for use…
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11 JuneRetailers
Signet Q1 revenues spike 98.2% to £1.2bn
Signet Jewelers, the diamond jewellery retailer, saw its revenue spike 98.2% year-on-year to $1.69bn (£1.19bn) for the 13 weeks ended 1 May 2021 (FY22). The group’s sales also outperformed its pre-pandemic levels, climbing over $250m (£177m) from $1.43bn (£1bn) in Q1 FY20. Moreover, the group swung to a $168m operating…
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10 JuneProduct Launches
Pureshore launches new Ola Collection
Pureshore, a family jewellery brand, has relaunched its Ola Collection in collaboration with the Wave Project. Containing five pieces with affordable diamond detailing, 10% of the collection’s profits will be given to the charity initiative that focuses on “surf therapy”. Inspired by the ocean, the Ola collection’s sale will support…
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4 JuneManufacturers
De Beers Group pledges further £5m in Covid-19 support
De Beers Group has announced that together with its joint ventures it will pledge $6.8m (£4.8m) to support the national vaccine procurement and roll-out programmes of its government partners in Botswana and Namibia. The latest pledge will see the company, in partnership with its joint ventures, contribute £3.6m to Botswana…
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3 JuneProduct Launches
Tiffany and Co debuts men’s engagement ring collection
Tiffany and Co has launched its first men’s engagement ring collection, as the group celebrates Pride Month 2021. The Charles Tiffany Setting, named after the group’s founder, contains a sleek, modern, and carefully crafted design to mirror its sister engagement ring, the Tiffany Setting. A titanium and platinum ring, all…
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2 JuneE-Commerce
Baunat to accept crypto payments
Baunat, a Belgian-based fine diamond jeweller, has announced that it is set to accept cryptocurrency as a payment method for all transactions. However, as a result of the group not deciding to take any position in cryptocurrency, it has instead partnered with a global crypto dedicated and blockchain based payment…
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1 JuneProduct Launches
Boodles launches ‘Around the World in 16 Days’ collection
Boodles, the luxury jewellery designer group, has launched a new collection to celebrate the travels of its former chairman. The ‘Around the World in 16 Days’ collection pays homage to the trip taken by Anthony Wainwright in 1962 through a selection of high jewellery pieces. The father of Boodles’ current…
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May- 2021 -26 MayRetailers
Garrard expands Middle East presence
Garrard has announced that it has expanded its presence across the Middle East with a new store debuting in Kuwait at the Ali Bin Ali Luxury Boutique. A curated selection of the retailer’s jewels will be showcased at the new store with many pieces available for the Gulf Cooperation Council…
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25 MayProduct Launches
Hancocks London launches historic tiara hire service
Mayfair’s Hancocks London has launched a new historic tiaras for hire service offering to its clients for weddings in 2021 and 2022. The initiative allows for Hancocks’ tiaras to be hired at a 1% charge of the retail value plus VAT for 24 hour periods. The deal includes a minimum…
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