Author: David Brenner

Jewelleryfocus.co.uk

• Richemont profits drop 17% to €2.2bn
  Richemont has reported a 17% decrease in operating profits to €2.2bn (£1.82bn) for the six-month period ended 30 September 2024, reflecting the impact of the decline in sales at its specialist watchmakers, a slight gross margin erosion and ongoing investments for its maisons’ long-term growth. The group also saw a slight dip in sales of […]
  Cynera Rodricks
• Daisy London launches new Polly Sayer collection
  Daisy London has launched a second collection with fashion broadcaster Polly Sayer. The Polly Sayer capsule collection includes 15 pieces of jewellery including necklaces, earrings, bracelets and rings, all crafted in recycled materials. It is inspired by Sayer’s style hack of layering, mixing textures and silhouettes with stand-out gold jewellery. As a result, the collection […]
  Cynera Rodricks
• Ntinga appoints new directors
  Ntinga has announced that it has appointed Craig Cohen and Stephanie Lee as its new directors. This move comes after owners Howard Graham and Carolyn Graham have decided to take a step back after 50 years. Both appointments are familiar with the business, Lee grew up with the business, and Cohen has been working alongside […]
  Liam J Moran
• Pandora delivers 11% organic growth in Q3
  Pandora has welcomed organic growth of 11% in its third quarter, as like-for-like sales grew by 7% to 6.1bn DKK (£681m), and operating profit rose to 980m DKK (£109m), up from 920m DKK (£102m) the prior year. Like-for-like growth in key European markets hit 4%, while growth in the US remained solid at 6%. Other […]
  Cynera Rodricks
• Bank of England cuts interest rates to 4.75%
  The Bank of England has cut interest rates for the second time this year, with rates now cut to 4.75%. The bank voted by a majority of 8–1 to reduce Bank Rate by 0.25 percentage points to 4.75%. One member preferred to maintain the previous rate of 5%. It had previously decided to hold interest […]
  Cynera Rodricks