London
As a global hub for the jewellery trade, London plays a pivotal role in shaping trends, hosting events, and driving commercial activity across the sector. From luxury jewellers on Bond Street to emerging designers in Hatton Garden, the capital is home to a diverse array of businesses influencing the UK and international markets. Jewellery Focus provides in-depth coverage of London’s jewellery scene, including news from leading retailers and workshops, industry events and exhibitions, policy and regulatory updates affecting trade in the city, and insights into consumer behaviour and market opportunities.
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Dec- 2016 -12 DecemberRetailers
Beaverbrooks posts strong full-year financial results
Beaverbrooks has posted strong full-year results, which saw operating profit before distribution and tax rise to £15.2m – up from £14.3m the previous year. During the 52 weeks ending 27 February 2016, the jewellery chain’s annual report and financial statements published on Companies House showed a 5% increase in turnover…
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7 DecemberDesigners
FF Group reports revenue jump despite “volatile” markets”
FF Group – owner of Links of London and Folli Follie – has posted revenues of €956.2m (£814m) in the first nine months of the year, despite “volatile” markets. The posted revenues were a 9.2% increase on the same period last year when the company reported revenue €875.5m. Earnings before…
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5 DecemberAuctions
14-carat Kashmir sapphire fetches £1.38m at auction
An “extremely rare” Kashmir sapphire single-stone ring has gone under the hammer for £1.38m. The 14.13-carat stone was the subject to “fierce bidding” at the Bonhams Fine Jewellery sale in London on Sunday 4 December, selling for more than its pre-sale estimate of £600,000 to £800,000. Jean Ghika, head of…
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Nov- 2016 -29 NovemberRetailers
Chisholm Hunter to open £8m jewellery store in Edinburgh
Luxury jeweller and diamond specialist Chisholm Hunter is set to open a new £8m jewellery store on Edinburgh’s Princes Street in early December. The premises will have approximately 10,000 square foot of retail space spread across three floors and will include a champagne bar and designated Swiss timepiece room, as…
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16 NovemberCurrent Affairs
Hatton Garden BID launches area’s first ‘Christmas gift guide’
The Hatton Garden Business Improvement District (BID) has launched the jewellery quarter’s first Christmas gift guide, in a bid to capitalise on festive spending. Created to promote Hatton Garden and its fine jewellery offering, the guide will showcase over 50 pieces of jewellery including precious designs, bespoke pieces and luxury…
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14 NovemberCurrent Affairs
London Diamond Bourse members vote in favour of resolution
The London Diamond Bourse (LDB) held an Extraordinary General Meeting on Thursday, 3rd November where the future of the organisation was discussed openly with all members present. The meeting was attended by members from all parts of the trade including workshops, specialist insurers, SME and major diamond dealers. The Council of…
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9 NovemberAuctions
‘Extremely rare’ Kashmir sapphire to headline Bonhams’ auction
A collection of diamonds and gemstones – including a 14-carat Kashmir sapphire – will headline the final Bonhams London Fine Jewellery sale of the year on Sunday 4 December. The “extremely rare” Kashmir sapphire single-stone ring, weighing 14.3-carats, is cushion-shaped with no indications of heating and has been estimated to…
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7 NovemberAnalysis
Make Your Mark: The winners
Following the Make Your Mark Awards hosted at the Goldsmiths’ Hall last week (1 November), we take a look at the young designers who won the awards. [divider style=”solid” top=”20″ bottom=”20″] Silversmithing category winner: Annabel Hood Annabel Hood has won the chance to have her ‘London’s Leopard’ design made in…
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7 NovemberEvents
Make Your Mark winners announced
The winners of the inaugural Make Your Mark Awards were announced at a reception held at Goldsmiths’ Hall last week (1 November). The awards, which aimed to celebrate the hallmark and challenge entrants to use creativity in where it is placed on their design, featured six judges who assessed the…
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Oct- 2016 -31 OctoberCrime
Diamond dealers jailed for laundering £53m to crime gangs
A London-based couple who ran a diamond trading business from their home in East Finchley have been jailed for laundering more than £53m for organised crime gangs. Danny Koort, 52, and Jeanette Rosen, 48, were convicted for money laundering at the Old Bailey after a joint investigation by the National…
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