Tag Archives: Diamonds

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Authenticity cited as key driver of diamond sales among millennials

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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Sunshine Exim supports retailers with new website tools

Jewellery trade supplier Sunshine Exim has introduced new functions to its website to further support retailers. New functions include a tool which retailers can use to create complimentary personalised marketing materials and a gemstone weight calculator application. Retailers can access the new bespoke marketing tool via their trade log-in area, where a selection of pre-defined

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Petra Diamonds reports record production and revenue levels

Petra Diamonds has revealed a production and revenue increase for the year ended 30 June 2017. In its Trading Update ahead of its preliminary results for the year, Petra has reported a 8% increase in production to four million carats, while revenue is up 11% for $477 (£366m). Both of these growths represent record levels

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Firms behind coloured diamonds scam shut down

An Insolvency Service investigation has led to two companies involved in the valuation and selling of fancy coloured diamonds being shut down. IGL Labs UK Limited (IGL) and Diffraction Diamonds DMCC (Diffraction) have both been wound up in the public interest after a hearing in the Companies Court. The petition to wind up IGL was issued

Countess of Rosse necklace and earrings Hancocks London

Hancocks London set to showcase rare jewels at Masterpiece London

Independent Mayfair-based jewellery retailer Hancocks London has announced it will showcase a range of fine jewellery fetching up to £375,000 at the Masterpiece London Fair. Masterpiece London is the city’s premier showcase for art and antiques, with millions of pounds worth of work on sale. It is regarded as the “most chic of art fairs”,

Warrenders Platinum Collection -Amethyst and rose gold ring

Warrenders Jewellers unveils anniversary collection

Sutton-based jewellers Warrenders Jewellers has launched a platinum anniversary collection to celebrate the firm’s 70th anniversary in business. The Anniversary range comprises a selection of earrings, pendants and rings in a variety of metals including platinum, gold, rose gold and white gold. Warrenders is also running a series of promotions to celebrate the milestone, including

Rachel McAdams sporting Niwaka jewels. At the 88th Academy Awards ceremony diamonds dazzled on the red carpet as celebrities wore statement earrings, bold necklaces and multiple rings crafted with the white, sparkly stone. Tiffany & Co. adorned several stars for the glamorous evening including Reece Witherspoon, Elizabeth Banks and Cate Blanchett, while Charlize Theron wore $3.7million worth of Harry Winston jewellery. Although other colourful gemstones were spotted at the Oscars, which took place at the Hollywood & Highland Center on February 28, it was diamonds that attracted the most attention.

Global diamond jewellery demand bounces back

Worldwide diamond jewellery sales hit $80bn (£62bn) in 2016, reveals the De Beers Group. Reversing a dip the year before when demand from China and India slumped, global diamond jewellery sales bounced back, with marginal growth predicted for 2017. Global sales were largely bolstered by rising demand in the US, where according to industry insight

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Forevermark inscribes two millionth diamond

The De Beers Group today announced its Forevermark diamond brand has inscribed its two millionth diamond. The diamond is a 3.48 carat round brilliant and bears the unique inscription of ‘2,000,000’. It was mined, cut and polished in Namibia and inscribed at the Forevermark Diamond Institute in Surat, India. The diamond will now be set into

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Fei Liu launches bridal collection with top 10 retailers

Award-winning jewellery designer brand Fei Liu Fine Jewellery will soon be launching a bridal collection with its 10 top retailers. Launching with four designer ranges, the bridal offering translates the brand’s Cascade collection’s flowy floral lines into a selection of rings crafted in precious metals. To keep the line exclusive, Fei Liu has limited the

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