Independent jewellery company, Fenton & Co, which uses technology to create engagement rings, has closed a £850,000 Seed round. The company’s round was led by Mustard Seed and drew support from The London Co-Investment Fund and various Angel investors. In a bid to make the luxury engagement ring market more transparent, the business was set […]
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]]>The UK jewellery industry is certainly taking note of their responsibility to combat the reported rise in synthetic diamonds particularly when nefariously or accidently mixed with natural diamonds in finished jewellery and melee. Visitors at IJL this year most certainly would have taken note of the speakers explaining these issues in addition to the growing […]
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]]>Hong Kong jeweller Tse Sui Luen Jewellery (International) Ltd reported a 39 percent increase in profit for the six months ending September 30 on the back of an improved retail sentiment in Hong Kong. In particular, the company cited a year-on-year increase in the number of tourists visiting the city as well as local customers’ […]
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]]>The Hatton Garden BID will be hosting a series of activities during the Christmas countdown as it continues to help bolster business in the area. The celebrations begin on Thursday November 22 with a Nomad Cinema screening of Breakfast at Tiffany’s, followed by festive lights, carols and drinks. Visitors can look forward to live entertainment […]
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]]>London—After more than a year of detailed analysis, cutting and polishing by a team of experts, Graff Diamonds has begun unveiling the diamonds cleaved from the 1,109-carat Lesedi La Rona. Mining company Lucara recovered the Type IIa diamond, which weighed 1,111 carats before cleaning, at its Karowe mine in Botswana in November 2015. It was […]
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]]>China’s jewellery market is seen to improve exponentially over the years through brand-building, consumer transparency and creating more engaging “buying occasions,” according to the World Gold Council (WGC). In its Gold Investor report for October 2018, the council cited “significant potential to drive further growth, leveraging China’s continued economic expansion and increasing disposable income.” The […]
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]]>The De Beers Group said it sold a total of US$475 million worth of rough diamonds for the 8th sales cycle of 2018, down from sales figures recorded in the previous cycle. The diamond producer said the value of its latest rough diamond sales, which included global Sightholder and auction sales, was lower than the […]
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]]>The first-ever India Silver Jewellery Buyer-Seller Meet was inaugurated this morning in Delhi by Shri Sentilnathan, Dy. Secretary, Ministry of Commerce & Industry, Govt. of India in the presence of GJEPC Chairman Shri Pramod Agrawal and other dignitaries. The three-day event brings together 49 international buyer companies and 27 leading Indian silver jewellery manufacturers with […]
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]]>Anglo American’s De Beers, the world’s No.1 diamond miner by value, has just had the lowest sales for its seventh cycle since it began releasing data in 2016, as it let customers delay acquiring smaller stones for the first time. Sales for the cycle stood at a provisional $505 million, down 5.5% from the $533 […]
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]]>The Provenance Proof Blockchain – the first coloured gemstone blockchain initiated by Gübelin Gem Lab in cooperation with technology provider Everledger – will be launched globally in February 2019. The primary purpose of the Provenance Proof Blockchain is to record all steps of a specific gem along the supply chain as a means to track […]
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