Author: Allrings

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  • HB Antwerp hires Eco-Age for sustainability strategy
    HB Antwerp has appointed Eco-Age, sustainability and communications agency, as its retained agency for 2021 to manage strategic partnerships and communications for the business. Established in 2020, HB Antwerp specialises in the procurement of high value rough diamonds and has set up “exclusive partnerships” with some of the world’s leading ethical mines to purchase their […]
    Hemma Visavadia
  • Lucapa revenue drops 42% in Q4
    Lucapa Diamond Company has seen its revenue drop significantly in the fourth quarter as the miner delayed sales while it negotiated a partnership with manufacturer Safdico. Overall, revenue for the year fell by 42% to $32.1m (£23.4m). Sales from Lulo fell 32% year on year to $6.6m (£4.6m) for the three months ending 31 December. […]
    Patrick O'Donnell
  • Alrosa posts strong recovery due to holiday sales
    Alrosa has reported a sharp increase in sales in the fourth quarter of 2020 due to strong demand during the holiday season. The company announced that revenue from rough diamonds has increased by 29% year-on-year to $1.14bn (£834bn) as a release of pent-up demand allowed the Russian miner to sell goods that had previously been […]
    Patrick O'Donnell
  • Retail sales fall to lowest ever annual level
    The retail sector has suffered its largest annual fall since records began, with total sales down 1.9% against the year prior, as restrictions on non-essential retail continued to impact the sector as a whole.  This was the biggest decline since records began in 1997, according to the ONS. After declines of 1.0% and 0.3% in […]
    Heather Sandlin
  • CMJ appoints two new board members
    The Company of Master Jewellers (CMJ) has appointed two new board members to replace members who have retired. Peter Simpkins of Simpkins Jewellers became a new retailer board director on 1 January 2021, replacing Jason Allum of Allum and Sidaway who had served on the CJM for eight years. Judith Lockwood of Mesmeric Distribution has […]
    Patrick O'Donnell