PIXETJEWELRY

Exploring Gold Karats: What Are They and Why Are They Important? Buying gold karat jewelry can be confusing. Is one better than the other? Let’s explore gold karats and find out what they are and why they are important. Keyword(s): Gold karats         Gold has been worshipped for almost as long as people. Gold symbolized royalty and divinity as far back as   Ancient Egypt . To this day, gold inherently represents luxury, power, and success. It also radiates a sense   of warmth and   compassion, like the glowing rays of the sun. That's not even mentioning the timeless elegance and effortless style that gold possesses.  Of course, not all gold is created equal. If you're in the market for some new gold jewelry, or just want to know more about your cherished collection, keep reading for our guide on everything you need to know about gold karats! What You Need to Know About Gold Karats We started off by saying how not all gold is creat...

Bradley’s Jewellers has launched its new York Daffodil jewellery collection inspired by the golden blooms of spring flowers along the historic city’s walls around York minster and at clifford’s tower. Designed by Kay Bradley, owner of Bradley’s Jewellers York, the range of fine jewellery comprises radiant yellow sapphires and burnt orange sapphires. The collection includes a ring set with six pear-shaped yellow sapphires surrounding a round brilliant-cut orange sapphire, a daffodil brooch of yellow and orange citrines, a gemstone, floral pendant, and flower earrings, each set in either 18k gold, 9k gold or sterling silver. Additionally, each piece of jewellery is personalised with Kay’s own York Daffodil logo, which incorporates a Y within a tiny flower, laser marked using the latest technology at the Birmingham Assay Office. The pieces sit within a wider range of jewellery that pays homage to Yorkshire. The range also includes the ‘York Rose’ collection, sold exclusively at Bradl...

Hancocks has revealed its “jewel of the month” for March is a late Georgian gold and amethyst pendant necklace, which dates back from the 1820-30s. The necklace is formed of a “finely made gold chain, each circular link patterned with diagonal lines and joined to multiple others to form a twisted chain”. The pendant is set with an oval faceted amethyst estimated to weigh around 30cts and a bezel set in gold within a decorative floral scroll frame. Guy Burton, director of Hancocks, said: “This is a quintessentially Georgian jewel with its beautifully handmade chain and the decorative floral work in shades of pink, green, white and yellow gold. “The amethyst would have likely been intended to be engraved with a motto or phrase and therefore be used as a seal as well as worn as a jewel. It is a wonderful piece and is in fantastic condition, especially as it is around 200 years old.” source https://www.jewelleryfocus.co.uk/203997-hancocks-announces-march-jewel-of-the-month

Independent jewellery retail business, Bradley’s Jewellers York, has been named an accredited retailer under the SCS 007 Certified Sustainability Rated Diamond Standard by SCS Global Services, making it the first female-owned retailer in the UK to achieve such status. Led by Kay Bradley on Low Petergate, this new accreditation authorises the retailer to represent and sell Certified Sustainability Rated Diamonds online and in-store across its Bradley’s Jewellers and Eco Rocks businesses. To become an accredited retailer of Sustainability Rated Diamonds, Bradley’s Jewellers was evaluated by SCS and has agreed to follow a strict code of conduct.  Bradley’s Jewellers now joins a group of businesses ensuring transparency and due diligence around the environmental and ethical performance of diamond producers and handlers.  Additionally, the Sustainability Rated Diamond certification programme applies to both natural and laboratory grown gemstone-quality diamonds. It incorporate...

Hassanzadeh Jewellery has appointed Vitamin Commerce for to redesign its website. Working on the new digital presence of Hassanzadeh Jewellery, it said Vitamin Commerce has been appointed to “create a new exciting and sleek website to host their luxury jewellery collections”. Founded by Sheikh Haj Hossein Hassanzadeh over a century ago, Hassanzadeh has established stores in Kensington, London and Tehran, Iran. Tapping into their Iranian history, Hassanzadeh revives Iranian jewel artistry and was recently featured in Magazine L’Officiel. Vitamin Commerce will be working on “unifying Hassanzadeh’s brand identity and digital interface for a seamless experience for its visitors”. Vitamin Commerce’s account manager, Zoe Smart, said: “We are really excited to be working with Hassanzadeh Jewellery and to be building a website that places their exquisite jewellery on the centre stage. “Vitamin Commerce has been working on creating ambitious sites so partnering with incredible clients ...

Engravers Guild of London, the personalised gifts company, has launched a new jewellery brand, called Myri London. The brand offers a range of personalised necklaces and bracelets which can all be customised with engraving. An initial selection of 120 pieces is offered across silver, 18K gold plate and 18K rose gold plate, featuring diamond-set, birthstone and zodiac designs. Further lines are also planned for release throughout the year, with a new Gemstone Collection scheduled for summer.  The new proposition sits alongside Lovelox London, a locket brand in the Engravers Guild portfolio. James Bishton, brand director of Myri, said: “Every piece of jewellery tells a story, and we created Myri to help capture life’s precious moments. A personal engraving gives the piece a special connection with the wearer and we felt that there was an opportunity to create a proposition exclusively around this feature.  “Our collection ranges from bold engraved designs to discreet mess...

The Alkemistry has announced it is set to expand its presence in the UK, following “triple digit e-commerce growth in 2020”. It has added a number of female founded brands to their product offering including fellow British brand, Dinny Hall and London centred Alice Van Cal. With a revenue growth of over 70% on both 2019 and 2020 numbers, the brand has attributed this success to the “increased own brand offering designed and created by founder and creative director, Kirstie Gibbs”. It has also seen overall gross profits grow by 5 points due to the expansion of its own brand product ranges. Alongside this, the brand increased its international distribution through partnering with the luxury Middle Eastern website, Ounass. Gibbs said: “The pandemic made us take a step back and really look at what was and wasn’t working within the business; where to spend our time and efforts and where to push ahead. “We highlighted the demand for our own brand and decided to bring manufacturing in-h...

Petra Diamonds Limited has reported its adjusted pre-tax profits increased to $91.1m (£66.98m) for the six months ending 31 December 2021 (H1 FY22), compared to $6.5m (£4.77m) in H1 FY21 and an overall loss of $18.3m (£13.45m) for the full year in FY21. However, net profit after tax reduced to $49.1m (£36.1m) from $67.6m (£49.7m) which was impacted by negative non-cash foreign exchange movement amounting to $63.4m (£46.61m). Meanwhile, revenues were up 49% which was driven by the sale of Exceptional Stones totalling $77.9m (£57.27m), up 92% from $40.4m (£29.7m) in H1 FY21, and a 16% increase in rough diamond prices. Overall, Petra Diamonds’ revenues in H1 FY22 rose to $264.7m (£194.62m), up 47% year-on-year from $178.1m (£130.95m). Adjusted EBITDA also rose 87% reflecting improved prices, the sale of Exceptional Stones, and Project 2022 cost reductions during the period. Its EBITDA margin rose from 45% to 57% which was “significantly enhanced” by revenues from the sale of Exception...

A report released by PwC about a study on how the high street is fairing shows how “challenging the high street continues to be”, according to The British Independent Retailers Association (Bira). The report, released this week, highlighted how store closures for chains and multiples slowed versus the last two years. However, it revealed vacant units in town and city centres are no longer being replaced by other chains, as the shift to retail parks continues in response to consumers’ changing location preferences. In response to the report, Bira’s CEO Andrew Goodacre, said: “The latest report on the high street from PwC has shown a continuing trend of more shops closing than opening, although the rate of decline appears to be slowing after the impact of Covid-19.The largest number of closures came from the high street chains who continue to leave the high street at an alarming rate. “The report also shows a distinct difference between locations with retail parks fairing better. Des...

Alice Van Cal have revealed its signature piece for the March Birthstone, an Anima necklace with a round central aquamarine set in 18K white gold, with a retail value of £1,790. On the piece, the jeweller said that “aquamarine provides clarity of expression, allowing us to speak more freely knowing that we are always protected when we speak our soul’s truth”. It comes as part of Alice Van Cal’s “The Birthstone Collection” where every month of 2022 a new piece or capsule collection will be launched featuring the birthstone of the month. Commenting on the latest release Alice Van Cal said: “Inspired by the awareness that the path of spiritual growth is constant, the Anima necklace captures the soul’s evolution as you embrace the vision of your awakened self.” source https://www.jewelleryfocus.co.uk/203930-alice-van-cal-reveals-march-birthstone-collection-piece

Storm Eunice “heavily impacted” footfall across the UK, with a -3.8% decline from the week before and drops in all three destination types, according to retail experts Springboard. However, it said the distortion created by the weather meant that the result between Sunday and Thursday was “wholly different from Friday and Saturday”; over the five days from Sunday, footfall rose by an average of +5.5% with a huge uplift of +18.1% on Monday as the school half-term break commenced. On Friday, footfall declined from the previous week by -32% and then by -12.6% on Saturday. In high streets, the results were even more extreme, with a drop of -36.6% on Friday and -17.9% on Saturday. The regional results reflect the impact of the storms, with only Greater London, Scotland and Northern Ireland recording increases in footfall, and even these were all less than +1%. The largest drops in footfall occurred in Wales (-9.7%), the South West (-7.8%), the South East (-5.7%) and North & Yorkshir...

The British Independent Retailers Association (Bira) has said it is “pleased to see a rise in retail sales”, but warned retailers against “falling into the trap of thinking all is well”. It was commenting on the recently released figures by the Office for National Statistics (ONS) for the UK retail sales rebound in January, which highlighted how sales on the High Street have rebounded by 1.9% last month as shoppers returned after the disruption of the Omnicron variant. The statistics have shown that department stores, garden centres and other non-food shops have seen a strong growth, with a 3.4% rise, however food sales have fallen to pre-pandemic levels. Sales in December saw a 4% fall following new pandemic restrictions. In response to this report, Bira’s CEO Andrew Goodacre, said: “We are pleased to see a rise in retail sales in January, and is also reassuring to see on-line sales decline (down to 25% of retail sales). This is further evidence that people are reminding themselve...

10 Fabulous Facts About Freshwater Pearls Do you consider yourself a newbie jewelry collector? Even if you didn't and want to add pearls to your collection, check out this guide on freshwater pearls. Keyword(s): freshwater pearls         Are you interested in buying freshwater pearls? Freshwater pearls have a wide range of colors and unique shapes, making them the perfect options for luxurious jewelry pieces. Often referred to as the "Queen of Jewels," pearls are timeless and elegant.  Despite how popular freshwater pearls are, there are countless things about them that people don't know. This guide will discuss everything you need to know about freshwater pearls and our top ten favorite facts so you can become an expert on them.  What Are Freshwater Pearls? Freshwater pearls come from mussels that live in freshwater rivers and lakes. These types of pearls are primarily found in China.  Many freshwater pearls are white, but they come in many...

London-based ethical emerald supplier, Myne London, has announced it will raise funds through its inaugural charity ball for lapidary communities in the northern regions of Pakistan. The Myne London Foundation was created in September 2021 to support women in Pakistan by giving their daughters the funds they need for school fees, uniforms and transportation To celebrate the launch of the Myne London Foundation, co-founders and sisters Fiona Wellington and Kate Murray Gordos will host an inaugural event at The Hurlingham Club, a private members’ club in Chelsea, on Saturday 19 March 2022, sponsored by Branding Science Group. The event will include a charity raffle and auction with prizes donated by the business’ supporters across the fashion, jewellery and entertainment industries. Auction items include pieces of jewellery featuring Myne London emeralds by Octavia Elizabeth, a bespoke cut morganite gemstone from UK master cutter Dr Steven Sweetman, dance lesson with Strictly Come D...

More than 1,000 exhibiting brands will be taking part at Vicenzaoro 2022, the international gold and jewellery show organised by IEG – Italian Exhibition Group, to be held at Vicenza Expo Centre from 17-21 March 2022. The trade show said the dates will be the “first chance” for Europe to physically see the latest ideas and trends of 2022. It revealed that one of the companies in attendance will be Fope, who will feature their “distinctive”gold link chains made flexible thanks to a patented innovation of small springs. It added the company will be appearing at Vicenzaoro in the wake of an “extremely positive” 2021 and will also be presenting a new gold link characterised by a fresh design in an athleisure interpretation. Another veteran presence will be Roberto Coin, which, in addition to its “most iconic” collections, will also be presenting new creations in the Navarra line inspired by the royal coat of arms of the Spanish region, with 16 chains arranged in a halo and topped by a ...

Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the latest figures from the Office for National Statistics. It also revealed sales volumes were 3.6% above their pre-coronavirus (Covid-19) February 2020 levels. Non-food stores sales rose by 3.4% as home improvement “picked up” with increased sales in household goods and garden centres. Automotive fuel sales volumes rose by 4.1% in January 2022 following a fall of 5.0% in December when “increased” home working and lower retail footfall reduced travel. Accounting firm RSM accredit this rise in sales to the easing of Covid restrictions suggesting it has “offset” any “huge hit” from the cost of living crisis. However, both non-food sales and automotive sales remain below their February 2020 level. Food store sales volumes in January 2022 fell below pre-coronavirus levels “for the first time” and were 0.8% below where they were in February 2020. Jacqui Baker, partner and head of ...

The John Lewis Partnership has announced it has joined the Bright Young Gems 2022 mentoring scheme to support graduating jewellery designers.  Bright Young Gems, now in its sixteenth year, provides a mentoring platform for the jewellery industry to discover and nurture new talent whilst providing the winners with their first commercial showcase.  Elena Bergonzi, jewellery buyer for John Lewis, will join the winners’ selection judging panel and contribute to the winners’ mentoring sessions with the winning designers and its existing associate, the National Association of Jewellers (NAJ). Curated by Hammond PR, the 2021 programme was backed by the NAJ who provided mentoring for the winners as well as individual travel and accommodation bursaries of £300 through The Benevolent Society.  Bergonzi said: “We are excited and honoured to be sponsoring this mentoring scheme. John Lewis is keen to nurture new talent and support them in their journey to become successful and co...

With a competitive UK market, jewellery sales nationwide are expected to increase by 34.2 % in 2022, according to auctioneering company John Pye. The purchasing of jewellery has gone up during the gifting season, with two-thirds of people in the UK have bought jewellery for themselves or for someone else during the past five years. Paul Hird, head of luxury items at John Pye, said: “In an era where the social media has such a pertinence in our everyday lives, consumers are really looking for something with a ‘wow’ factor, but with increasing environmental awareness, this same set of consumers are now looking toward investment pieces that they can cherish longer-term, either for themselves or loved ones. “It’s imperative therefore, that these pieces are of a wide enough range that we can offer customers items that suit their preferences and taste. Much of the stock that enters auctions comes from pawnbrokers, jewellers that are selling excess stock, as well as seized goods from polic...

Skromer Studio, led by jeweller and designer Daisy Simpson, has launched its latest All Day jewellery collection comprising 42 pieces, following the success of its first collection. Skromer Studio said the second All Day collection “broadens the horizons” set by the first collection in the series through new styles and the development of existing designs. Meanwhile, it introduces the Sphere Collar, whilst building on the Everlasting Ring from the previous collection through the addition of the Everlasting Stud Earrings. The collection has reportedly been made to mirror the body’s natural curvature, with wearable sculptural pieces including sterling silver and 9k gold. The new collection is centred on “modern signature classics”, handmade using only precious metals, whilst reportedly maintaining Skomer Studio’s design ethos of wearability and longevity. Skromer Studio said: “With a focus on pieces made from high quality materials that elevate the everyday, the All Day collection p...

London-based jewellers Tatty Devine has announced it is set to hold a new exhibition ‘Misshapes: The making of Tatty Devine’ at the Hove Museum and Art Gallery later this Spring. The exhibition celebrates design duo Harriet Vine MBE and Rosie Wolfenden MBE, who met at Chelsea College of Art and founded Tatty Devine when they graduated in 1999. The pair soon started trading from a market stall in east London and developed a signature style that has seen them featured in Vogue and stocked in Harvey Nichols and Whistles. Misshapes will feature over 100 pieces from the past 23 years, from the early leather cuffs and piano belts to giant two metre versions of their ‘greatest hits’ including a huge lobster, parrot and dinosaur. The show will include sketchbooks, ephemera and two new films plus newer pieces which illustrate how Tatty Devine continues to embrace technology and cultural shifts. Wolfenden said: “We are so excited for Misshapes: The Making of Tatty Devine to be opening in Bri...

Vrai has announced the launch of its customisable range of diamond rings, including a Tapered Baguette and Devotion band, to “reflect the diversity of love”. The newly launched Tapered Baguette setting is part of Vrai’s Three Stone engagement ring collection. The lines frame two side stones that support the centre diamond, and it is available in a selection of 10 shapes. Meanwhile, the Devotion bands comprise an array of diamonds sustainably created by Vrai’s zero emissions foundry, inside a platinum or recycled gold setting. Additionally, the rings are available with a Baguette or Round Brilliant cut. Vrai said: “Inspire strength through world-positive change with timeless yet contemporary jewellery created by the power of the Colombia River in America’s beautiful Pacific West. “Vrai-created diamonds are not only distinguished for their impeccable craftsmanship but also for their provenance of guaranteed origin, ensuring complete transparency for the ethical customer.” source ...

Across UK retail destinations, footfall rose by +2.2% last week from the week before, with increases in each of the three destination types, according to Springboard. Footfall rose in all types of town centres, with the largest rise of +7.1% in regional cities outside of London versus +3.3% in Central London. Springboard’s Central London Back to the Office benchmark was in line with that of Central London as a whole, rising by +3% from the week before. The greatest uplift was on Friday when footfall rose by +8.7% overall and by +11.5% in high streets. The gap from the 2019 footfall level widened to -21.2% last week from -17.1% in the week before, however, footfall was +149% higher than in the same week in 2021 when Lockdown 3 was still in place. Diane Wehrle, insights director at Springboard, said: “For the fifth consecutive week footfall in UK retail destinations rose last week from the week before, albeit that the degree of uplift appears to be tapering off. Footfall rose across...

Monica Vinader and sustainable luxury fashion jeweller, Mother of Pearl, have collaborated on a new 12-piece sustainable jewellery collection. The collection comprises three earrings, two rings, three pendants, two bracelets and two necklaces made in 100% recycled gold vermeil satin finish. All pieces can be layered or stacked together, and they “embrace organic shapes and earthy tactility”, with each piece drawing on nature’s irregularities to “celebrate what makes us unique”.  Packaged in 100% recyclable and FSG-certified packaging, the collection joins Monica Vinader’s suite of carbon neutral pieces, and it is supported by the brand’s lifetime repair service. Additionally, Monica Vinader and Mother of Pearl have partnered with Choose Earth to directly support and resource indigenous communities in their fight for environmental, human rights and social justice. Amy Powney, creative director at Mother of Pearl, said: “Monica’s passion and drive to build her brand into someth...

Engravable jewellery brand Merci Maman is set to launch a new capsule collection on February 17, in time for Mother’s Day, as part of their ongoing #MyJourney campaign. The upcoming Blossom collection features a matching necklace and bracelet set, created in 925 Sterling Silver and 18k Gold plating, and takes inspiration from the journey of motherhood, featuring four variations of the engraving to represent family members. Founded in 2007 by Beatrice De Montille, the brand has become well known in the industry, with The Duchess of Cambridge, Charlotte Tilbury, and Rosie Wicks known admirers. Head of brand, Marine Hand, said: “Celebrating motherhood is at the core of Merci Maman, no matter what the journey is to get there. The Blossom collection is such a special and meaningful collection, and we designed it to be as inclusive as possible.” Merci Maman jewellery design manager, Anna Tipton, added: “It was really important for us to capture the fact that engraving can grow in the sam...

Six Tips for Buying Designer Jewelry Online Looking to buy designer jewelry online? Then check out some of these helpful techniques for finding the right pieces for you. Keyword(s): Designer Jewelry         Whether they're purchasing clothing, groceries, or another type of item,   around 2.14 billion people   shop online. Online shopping is a wonderful way to access items that you might not normally be able to find in your local area. Depending upon the seller, you can have what you ordered in just a couple of days.  If you're a fan of designer jewelry, you might have considered making your purchases online. You can shop for your next favorite piece of jewelry at any hour of the day without having to change out of your leggings. However, you might feel a little apprehensive about purchasing a high ticket item from an online retailer.  This guide will discuss our top six tips for purchasing designer jewelry online. Buy with confidence from r...

Pure London has announced the next edition of its buying event will be between 17-19 July 2022 at the Olympia London, which will also see the launch of Pure Jewel, an exclusive area for fine and precious jewellery. Curated by Pure London event director Gloria Sandrucci, Pure Jewel will showcase fine and precious jewellery, silver jewellery, and branded jewellery from across the world, with a focus on contemporary, ethical, and sustainable designers. In partnership with industry associations such as The National Association of Jewellers (NAJ), Pure Jewel features its own curated space and reportedly acknowledges the need for jewellers, designers, brands, and jewellery manufacturers to connect within Olympia. The show will see the return of brands and designers including One Hundred Stars, Brodie Cashmere, Onjenu, Lily and Me, My Doris, Meraki Beach, Bl^nk, Jayley, Alpe, Sonatachic, and Joko Edu.  Additionally, the show will feature a curated line up of UK and international wome...

How do you plan to  say “I Love You” this Valentine Just like the immortal lyrics by Kenny Rogers – “I just want to say I love You” there’s always a moment where one wants to create a unique way to say I love you. To sum up all our feelings and show our someone special, how much they mean to us. There have been significant romantic gestures like the Taj Mahal, Shah Jahan’s immortal icon of love for Mumtaz Mahal. Or the hanging gardens of Babylon by King Nebuchadnezzar II for his wife, Or when Tsar Nicholas II gave his wife Alexandra Feodorovna this Faberge egg to commemorate the birth of his son Alexei Nikolaevich. There have been many moments in history where such gifts and tokens of love have brought a whole other meaning to love. Love is more than just a feeling or a reason to be with someone. It’s life itself! It needs such moments where we can say with our hearts at the ready, “I love you”.   And there’s no better time to bring all of it together than Valentine. The perfe...

What have you planned for this Valentine? We all are constantly thinking, or when the time comes, we start looking for a thoughtful Valentine’s Day gift. There can be many ways and options depending on one’s choice of the moment. A breathtaking jewellery piece is always a winning choice.   Valentine’s day is around the corner, a horizon of possibilities for all the love birds and couples who have been waiting to make that day special. To gift a great jewellery piece that she/he or they will love to wear and flaunt your love with the brightest smile. Statement pieces are one of the finest picks when it comes to gifting.    Love Birds Jewellery Jewellery has a way of symbolizing your passion and love in the form of a timeless accessory that one can wear every day. And with Valentines at your doorstep you can have the best valentines gift with our Love birds theme jewellery with earrings and pendants Starlet Collection A term endearing shine and a bright personality, somethi...

The total number of hallmarked pieces climbed 199.9% year-on-year in January to 821,734, compared to 373,720 in 2021. According to the Birmingham Assay Office, gold increased by 84.2% to 310,986 compared to 168,815 last January. Silver saw the highest increase, jumping 152.8% from 190,522 to 481,683. However, palladium fell 62.9% from 509 to 189, with a -320 drop in variance. Meanwhile, platinum saw the second highest increase in the period, up 108.1% from 13,874 to 28,876. source https://www.jewelleryfocus.co.uk/203820-hallmarking-surges-119-9-in-january

Andrew Berry Jewellery and At The Bench are celebrating being named as finalists in the Best of Welsh Business Awards 2022. They are finalists in the following six categories: Best Jeweller; Best Business Specialist; The Brilliance Award; Business Professional of the Year; Businessman of the Year and Businesswoman of the Year. Andrew Berry Jewellery was established in 1988, from the garage of Berry’s parent’s house while At The Bench is an online jewellery training website established in 2009, and attracts thousands of members globally. Berry said: “This means so much to us, as it means we are making a difference in our community and our industry. The last 2 years have been about constant adaptation and innovation, driving positive change. This has given us the opportunity to evaluate our processes and products to reach out to as many people as we can, whether that’s in person, or via our ever more important social media platforms.  “We are incredibly proud of our team and our...

Graff, the multinational jeweller based in London, has announced the launch of its new ‘Wild Flower’ collection, in tribute to the English Garden and “modern femininity”. The diamond collection comprises earrings, necklace and rings made with floral jewels, and it includes four styles of flowers in different sizes and arrangements, from trios and individual blooms to floral clusters and blossoms laid out in a row. Each petal has reportedly been created with lightness, with the sculptural volumes and asymmetry “creating an effect of blooming vitality”. The pieces can be worn singly or paired in asymmetry, and Graff said each one of the jewels is “unique yet designed to complement its companions”. Anne-Eva Geffroy, design director at Graff, said: “At Graff, floral motifs have long been part of our heritage. With the Wild Flower collection, we take a fresh perspective with a contemporary reinterpretation of the flower – one that is freed from tradition and bursting with life.” sou...

Christie’s first jewellery auction of 2022, Jewels Online, which ran between 24 January and 9  February achieved a total of $5,183,500 (£3,816,481), with 131% hammer above low estimate and 96% sold by lot.  According to the auction house, the sale received “record” participation with the highest number of bidders for any New York Jewels online sale. There was also global participation with registered bidders from 28 countries. Strong prices were achieved for diamonds, including the top lot of the sale, a diamond ring of 11.46 carats, which was offered without reserve and achieved $300,000 (£220,883).  Further notable results include an emerald-cut diamond ring of 10.31 carats, which sold for $237,500 (£174,763); square emerald-cut diamond earrings of 5.02 and 5.02 carats, which realised $212,500 (£156,367); and a round brilliant-cut diamond ring of 5.21 carats, also offered without reserve, which achieved $150,000 (£110,377). source https://www.jewelleryfocus.co.uk...

Petra Diamonds Limited has appointed Jon Dudas as an independent non-executive director of the company, effective 1 March 2022. Dudas is currently chairman of Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, which he joined in 2020. Prior to this, he was an independent non-executive director and chairman of the National Atomic Company Kazatomprom. Additionally, Dudas was previously at BHP in various roles, including president and chief executive officer of their global $5bn (£3.68bn) per annum revenue aluminium division and as their group chief information officer, as well as holding senior business leadership and commercial roles in marketing and business development. He has also been executive chairman of Worsley Alumina in Australia and Mozal Aluminium in Mozambique, and non-executive director of the Guinea Alumina Corporation in West Africa. Dudas has a practical base in mining, commencing in South Africa as a graduate mining engineer with Harmony Gold Mines, progressing to ...

DMR Jewellery has introduced the new addition to its Valentine’s collection with the launch of its diamond ‘Love Lines’ collection. The collection comprises seven individual pieces of jewellery, including earrings, neckwear and wristwear. Two new styles of earrings have been launched to represent Cupid’s arrow, and customers are able to select from a diamond set or plain polished earrings crafted from 18ct yellow gold. Additionally, a diamond necklace, bracelet and stacking bangles have also been introduced in the collection to cater to the trend for layering jewellery. The 18ct yellow gold necklace is set with 0.22cts of round brilliant cut diamonds. The collection is designed by DMR’s in-house team at the brand’s Cheshire studio, and it is influenced by romantic symbols, particularly by Cupid’s arrows. DMR said it combines this symbol with diamonds and precious metal to create the diamond jewellery collection. Jasmine Cook, jewellery buyer, DMR, said: “In this most romantic of ...

Consumer card spending rose by only 7.4% in January compared to the same period in 2020, marking the smallest uplift since April 2021, as spending was dampened by ongoing Plan B restrictions, inflation, and rising energy costs. Data from Barclaycard found that spending on essential items grew by 10.4%, the smallest rise in nine months. It said this could be largely attributed to fuel spend seeing its slowest rate of growth (6.7%) since October 2021, as Plan B Covid restrictions throughout most of the month meant consumers travelled less and worked from home instead of commuting. Despite rising inflation, supermarket spending saw its smallest rise since before the onset of the pandemic at 13.6%. It comes as consumers reportedly shifted their spending to food and drink specialist retailers, such as butchers and recipe subscription service, which saw spending soar by 67.3%. Meanwhile, spending on non-essential items witnessed a “noticeably smaller growth” at 6.1%, having seen a growth ...

Alrosa has announced its project to boost its sales division’s performance has resulted in the company reducing the amount of diamonds in the work-in-progress inventory by 4.3 million carats by the end of 2021, freeing up rough diamonds valued at over $300m (£221.37m) for sale. Alrosa said the project to accelerate its production processes and reduce its volume of work-in-progress inventories (the diamonds that have left the processing plant but are not yet ready for sale) has accelerated the pre-sale process in 2018-2021. This has reportedly helped “permanently reduce” the duration of the pre-sale production cycle by 30-40%, or 15-25 days depending on the type of goods, and Alrosa has released $320m (£236.13m) from working capital in the three year period. According to Alrosa, these results were achieved through a number of initiatives, including the automation of sorting and accelerating the journey of rough diamonds to trading sessions. In addition, the launch of a system focus...

Everything You Need to Know About Choosing Gold Jewelry If you're looking at buying gold jewelry our guide has everything you need to know. Read about gold purity, colors, quality markings and more today. Keyword(s): gold jewelry         Gold is a timeless, versatile, and coveted fashion accessory. The auspicious   roots of gold   date all the way back to the ancient Egyptians who valued it so highly they reserved it for royalty. These days you can get almost any style of jewelry you like in gold. There are countless ways to incorporate gold jewelry into your personal aesthetic and very little chance that it will ever go out of style. If you are going to buy gold jewelry, you need to understand what makes some types of gold jewelry more valuable than others. When you know how to tell the difference between quality gold jewelry and sub-par gold, you won't make the mistake of investing in the wrong piece. Understanding Gold Purity The purity of gol...