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World Gold Council reveals how the UK is holding up in the global gold market

World Gold Council reveals how the UK is holding up in the global gold market

Following the World Gold Council’s report, which gave insight into the threats facing the UK gold trade, Professional Jeweller spoke with the council’s head of market intelligence Alistair Hewitt to find out how the UK is comparing with other markets.  PJ: The report outlines the jewellery demand in the UK has been weak and we

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Chupi founder pegged as one of Ireland’s business bright sparks

Founder of multi award-winning Irish jewellery brand Chupi, Chupi Sweetman, has been named as one of ten ambassadors in the Nissan Generation Next 2017 programme. The scheme awards people with the use of a free car or van to support business ambitions on a local, national and international stage. The competition invited entries from across

LONDON, UNITED KINGDOM - JANUARY 02:  Shoppers stand outside a branch of the House of Fraser department store in Oxford Street on January 2, 2014 in London, England. Department stores House of Fraser and John Lewis have announced they experienced good trading over Christmas while shares in Debenhams have fallen following the company's poor sales during the same period.  (Photo by Oli Scarff/Getty Images)

House of Fraser cuts digital team in effort to streamline operations

House of Fraser has reduced its digital team, making eight people redundant, as part of a wider restructuring scheme outlined in March which is designed to streamline its operations. Some of the functions of the eight online jobs that were cut have been outsourced to India, where the retailer’s IT department is based, reported Drapers. In

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VIDEO: Knightsbridge Boodles store ransacked in broad-daylight jewellery raid

A group of moped riders carried out a broad-daylight jewellery heist with sledge hammers on West London jewellery store yesterday morning. The group went into the Boodles store in Basil Street, Knightsbridge at about 10:30 BST and smashed through counter displays, according to a report from the BBC. Three of the six-strong gang raided the

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Hockley Mint design competition reaches final stage

Birmingham-based jewellery manufacturer Hockley Mint has revealed the six finalists in its 25th anniversary design competition. The finalists are Anna Carter, Yasmin Everley, Roxanne Gilbert, Angela Gillies, Yvonne Knights and Jessica Mead, all of whom have been applauded by the judges for their creativity and vision. Gary Wroe, managing director of Hockley Mint, said: “We were overwhelmed

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A-list celebs spark the return of traditional Signet rings

Signet rings are in the midst of a global revival thanks to the growing support of A-list celebrities, according to fashion search platform Lyst. According to Lyst, searches have seen an increase of 38% on last year’s figures and the company cites Cara Delevingne, Rosie Huntingdon Whiteley and the Middletons as key influencers of the

NEW YORK, NY - JANUARY 12:  A flag for a Tiffany & Co. store hangs along Wall Street in Manhattan on January 12, 2015 in New York City. Shares in the luxury jewelry chain fell on news of weaker than expected holiday sales. Sales in November and December dropped 1 percent to $1.02 billion worldwide.  (Photo by Spencer Platt/Getty Images)

Tiffany & Co. wins £15m legal battle against Costco

A legal dispute between American jewellery brand Tiffany & Co and US wholesaler Costco has reached its conclusion with Costco poised to pay higher damages than those handed to it at an earlier verdict.  Costco is facing a $19.4m (£15m) bill in damages for infringing on Tiffany &Co’s trademark by selling “Tiffany” engagement rings. Costco is

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Rudell the Jewellers commended for staff development as business booms

Midlands-based jewellery retailer Rudells the Jeweller is celebrating after picking up two local business awards. The jeweller won Retailer of the year and Excellence in Staff Development at the Wolverhampton Wire Awards 2017. Director Sioux Jones added: “The standard of training that we provide throughout the life at Rudells is consistent and within our values

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Authenticity cited as key driver of diamond sales among millennials

Millennials are adopting a ‘less is more’ mentality when it comes to purchasing high-end goods, according to a new study. The study, from American company Real is a Diamond, found that 89% of participants look for authenticity when buying luxury items such as diamonds. It also identified that 94% of the highest earning millennials prefer

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