United States
The United States is a major market and influencer in the global jewellery trade, with trends, consumer behaviours, and supply chain dynamics that impact UK jewellers, designers, and suppliers. From leading jewellery brands and technological innovations to sourcing opportunities and trade agreements, the US offers valuable insights and commercial potential for UK businesses. Jewellery Focus covers US market developments, brand activities, and industry trends that help UK trade professionals understand and engage with this key international market.
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May- 2024 -10 MayDesigners
Richemont acquires Italian brand Vhernier
Richemont has announced that it has reached an agreement to acquire 100% of Vhernier, the distinctive Italian jewellery Maison, in a private transaction. Founded in Valenza, Italy in 1984 and headquartered in Milan, Vhernier was acquired by the Traglio family in 2001. Vhernier is renowned for the โmodernโ aesthetic of…
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Feb- 2024 -2 FebruaryManufacturers
De Beers reports first rough diamond sales of $370m
The De Beers Group has reported that its rough diamond sales for its first sales cycle amounted to $370m (ยฃ292.8m) as at 30 January 2024. The figures mark an increase on the $137m (ยฃ108.4m) sold in the final sales cycle of 2023, even though it is down from $454m (ยฃ359.3m)…
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Jan- 2024 -10 JanuaryRetailers
Kismet by Milka signs 10-year lease for 110 New Bond Street
Turkish fine jeweller Kismet by Milka has signed a 10-year lease for 110 New Bond Street, situated on the corner of Brook Street in Londonโs West End. The London store will be Kismetโs 16th store following its successful opening in Dubai last year. The brand also operates through a number…
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Nov- 2023 -9 NovemberRetailers
Giovanni Raspini launches limited edition Babylon collection
Giovanni Raspini has launched its new limited edition Babylon collection inspired by the Art Deco movement of the 1920s and 1930s with the โforms and allure of the animalier worldโ. Babylon is crafted from silver using the traditional lost-wax casting technique, which is a hallmark of the brand and includes…
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Oct- 2023 -4 OctoberRetailers
D. Louise secures funding from former Gymshark CEO
London-based jewellery brand D. Louise has secured an investment from former CEO and executive chair of Gymshark, Steve Hewitt – who is joining the business as investment director. Founded in 2021 D. Louise seeks to redefine the jewellery industry by โcreating high-quality, aesthetic jewellery at affordable pricesโ. D. Louise’s funding…
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Aug- 2023 -17 AugustNews
Flawless Moissanite makes its mark on UK jewellery market
Flawless Moissanite launched into the UK online jewellery market in 2021 and has experienced an incredible rate of growth. And demand for the moissanite doesnโt show any signs of slowing, with the global moissanite market expected to grow at a CAGR (compound annual growth rate) of 6.2% from 2021 to…
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Mar- 2023 -23 MarchRetailers
Bradleyโs Jewellers reaffirms commitment to sustainable diamonds
Bradleyโs Jewellers York has reaffirmed its commitment to certified sustainability rated diamonds in response to the rise in greenwashing tactics and lab-grown diamond misinformation. Since 2022, Bradleyโs Jewellers has been an accredited Retailer of Certified Sustainability Rated Diamonds under the SCS 007 Jewelry Sustainability Standard developed by SCS Standards and…
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Oct- 2022 -12 OctoberDesigners
LVMH revenues hit โฌ7.57bn in H1
LVMH has announced revenue growth of 23% for its Watches and Jewellery business group in the first nine months of 2022 (H1), up from โฌ6bn (ยฃ5.39bn) to โฌ7.57bn (ยฃ6.6bn) year-on-year. Tiffany and Co. sales were driven by โstrongโ momentum in the United States, and its โVision and Virtuosityโ exhibition at…
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Sep- 2022 -16 SeptemberEvents
IEG, Vicenzaoro September: 20% more foreign visits than in 2019
Vicenzaoro September closes its 2022 edition by recovering andย surpassing pre-pandemic results. The overall number of visits was up 10% compared to 2019 with an explosionย of foreign attendances showing an increase of 20%. Over half of the total attendance was international (51%),ย rom 124 countries worldwide.ย To date, total…
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9 SeptemberEconomy
Platinum jewellery sales continue global recovery
Platinum jewellery sales have continued to recover in the key markets of India, Japan and the United States in the second quarter of 2022, despite the lingering effects of the pandemic and rising inflation, according to the latest platinum jewellery business review Q2 2022. In part, it reports that the…
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