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The British Academy of Jewellery (BAJ) has announced the launch of a new Pearl Threading and Hanging Short Course, set to commence in June 2024.  This one-day course aims to equip students with essential skills in pearl jewellery making, covering both theoretical and practical aspects. Course Overview The Pearl Threading and Hanging Short Course is [...]

Richemont has announced the appointment of Nicolas Bos as the new Chief Executive Officer, effective 1 June 2024.  Mr Bos, who is currently the CEO of Van Cleef & Arpels, will assume a re-established role, reporting to Johann Rupert, Chairman of Richemont.  In his new position, Mr Bos will oversee all Maisons, functions, and regions [...]

The World Federation of Diamond Bourses (WFDB) and the Shanghai Diamond Exchange (SDE) have signed a Memorandum of Understanding (MoU) aimed at promoting the natural diamond market in China.  This agreement follows meetings held during the WFDB Presidents’ Meeting in Shanghai in March, where WFDB leaders and Chinese government officials discussed initiatives to invigorate the [...]

The Goldsmiths’ Company has announced the appointment of Richard Reid as its 697th Prime Warden, succeeding Charles Mackworth-Young CVO.  Reid, a seasoned professional with a strong background in finance and community engagement, brings extensive experience to his new role. Professional Background Reid’s career began with vocational training in accountancy at Dixon Wilson, later moving to [...]

Michael Donaldson, JET Business Network Facilitator and host of the upcoming Retail Jewellers’ Congress, emphasises the urgent need for jewellery retailers to adopt new strategies in order to thrive in an evolving retail environment. The Congress will be held on June 24, 2024, during the NAJ Summit in Birmingham. Adapting to a Changing Retail Landscape [...]

The British Academy of Jewellery (BAJ) is partnering with JewelleryMaker to organise what could become the world’s largest jewellery making session via Zoom.  The event is scheduled for Friday, 31st May at 10:00 AM and aims to connect jewellery makers of varying experience levels from around the globe. Event Details and Participation Participants are required [...]

Anglo American, the UK-based mining giant, has outlined plans to divest significant parts of its business, including business De Beers and its platinum arm, Anglo American Platinum (Amplats).  This decision follows the rejection of a £34 billion takeover bid from BHP and aims to streamline the company’s operations to focus on core assets such as [...]

De Beers’ Lightbox lab-grown jewelry brand has announced a reduction in the retail prices of its lab-grown diamonds by up to 40%.  This adjustment sees the cost of colorless DEF stones now set at $900 per carat, reduced from $1,500, IJ color stones have decreased in price from $800 to $500 per carat, and GH [...]

Diamond marketplace Nivoda has successfully secured $30 million USD in a Series B funding round, led by Avenir Growth Capital with participation from existing investors Headline and Abstract Ventures, and new investor Canaan Ventures.  This funding marks an important step in Nivoda’s strategic plan to expand their influence and operational capacity within the global jewellery [...]

Watches of Switzerland Group has completed the acquisition of the Italian jewellery brand Roberto Coin for £104 million (approximately $130 million).  This transaction bolsters Watches of Switzerland’s presence in the luxury branded jewellery market, particularly in North America. Strategic Expansion and Financial Details The acquisition, which includes exclusive distribution rights and ownership of Roberto Coin’s [...]