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  • Alrosa revenue doubles in Q4
    Alrosa has announced that revenue in its fourth quarter doubled to RUB 98.6bn (£512m), a 53% rise against the prior year, on the back of “strong” demand recovery towards the year-end.  For its full-year of trading, revenue was down only 7% RUB 221.5bn (£2.1bn).  Net profit also increased in the final quarter, rising to RUB […]
    Heather Sandlin
  • RJC urges industry leaders to adopt sustainable change
    The Responsible Jewellery Council (RJC) has published an open letter to jewellery industry leaders, urging them adopt sustainable practices within their businesses. Last year, the trade association stated its “decade of action” in its bid to reach its ‘17 Sustainable Development Goals’, an initiative set up to combat climate-change related disasters. Among the trends which […]
    Patrick O'Donnell
  • Budget 2021: Chancellor unveils new £65bn support package
    Chancellor Rishi Sunak has outlined a new £65bn support package in his March budget, confirming the decision to extend the furlough scheme until the end of September as well as new loan schemes of up to £10m for businesses. In what is Sunak’s second budget since he joined office in 2020, the chancellor said that […]
    Patrick O'Donnell
  • Christie’s launches Michele della Valle sale
    Christie’s has announced the launch of its Colorful Whimsy: Jewels by Michele della Valle online sale, which opens for bidding tomorrow (3 March) and closes on 17 March 2021.  The sale will include 65 jewels by Michele della Valle, which highlight the artist’s use of “dazzling” coloured gemstones which “bring whimsical designs to life”.  Della […]
    Heather Sandlin
  • BATF invites businesses to view premises
    The British Allied Trades Federation (BATF) has issued an open invitation to businesses looking to review their businesses premises to register interest with the organisation’s Vyse Street offices. The National Association of Jewellers’ (NAJ) parent organisation’s offices are based in the heart of Birmingham’s jewellery quarter. Garry Lane, BATF’s commercial manager, said: “We’re delighted to […]
    Patrick O'Donnell