Jewellery entrepreneurs can cash in on Government’s launches new fund
Independent jewellery businesses in the UK will potentially receive more support from the Government after it launched a new £8m Business Basics Fund.
Small Business Minister, Andrew Griffiths announced the launch of the fund, run...
Gold up as Fed leaves rates steady, palladium scales new peak
Palladium hit an all-time high on Wednesday on concerns over tight supplies of the autocatalyst metal, while gold reversed course to rise after the U.S. Federal Reserve kept interest rates unchanged.
Spot palladium rose 0.6...
Billionaire brothers bag London’s iconic jewellery retail hub
London’s Burlington Arcade, home to a growing portfolio of luxury watch and jewrellery retailers, has sold for £300m.
The retail area, which houses over 20 jewellery companies, originally went up for sale for £400m at...
GJEPC to Release White Paper on Diamond Financing During Banking Summit on May 11
The Gem and Jewellery Export Promotion Council (GJEPC) will release a white paper addressing key issues related to bank financing for the industry at a Banking Summit it is hosting in Mumbai on May...
NRF: Consumers to Spend $4.7B on Jewelry This Valentine’s Day
Washington--Consumers in the United States are expected to spend $4.7 billion on jewelry this Valentine’s Day, the National Retail Federation said.
According to its annual survey--for which Prosper Insights & Analytics asked 7,277 consumers...
Jewellery school launches grant to give budding jewellers a leg-up
A new grant has been launched to support aspiring jewellers looking to kick their business off the ground.
Award-winning founder of the Hatton-Garden based London Jewellery School, Jessica Rose recently unveiled a new online company,...
World Gold Council and International Islamic Financial Market collaborate to improve access to gold...
Today, the International Islamic Financial Market (IIFM) and World Gold Council led the IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation in Istanbul, Turkey. The meeting was hosted by Borsa İstanbul at...
Signet Jewelers Completes First Phase of Strategic Outsourcing of Credit Portfolio
Signet Jewelers Limited, the world’s largest retailer of diamond jewellery has received $ 960 million as proceeds of the first phase of the strategic outsourcing of its in-house credit programme. The proceeds are being...
At least 23 illegal Zimbabwean gold miners feared dead after shafts flooded
At least 23 illegal miners are trapped and feared dead in Zimbabwe after shafts and underground tunnels they were working in were flooded by water from a burst dam, a state-owned daily newspaper reported...
UAE: Changed VAT Mechanism for Precious Metals and Diamond Investors May Boost Jewellery Demand
The introduction of a VAT Reversed Charge mechanism for investors in gold, diamond and precious metals by the UAE government earlier this week is expected to provide some relief to the jewellery industry which...
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LVMH Watches & Jewellery Division Holds Steady with €2.48 Billion Revenue in Q1 2025
Luxury powerhouse LVMH Moët Hennessy Louis Vuitton reported stable performance in its Watches & Jewellery segment for the first quarter of 2025, with revenue...
U.S. Retail Sales Edge Up in March, But Tariff Uncertainty Dampens Momentum: NRF
After two consecutive months of declines, U.S. retail sales posted modest gains in March, according to the latest CNBC/NRF Retail Monitor, powered by Affinity...
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