Tag: palladium jewellery

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  • 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
  • Lilienthal Berlin launches new meteorite watch collection
    Lilienthal Berlin has released a new limited edition series,“The Infinite Freedom of the Universe” which features real pieces of meteorite in the centre of the dial for a starting price of €1,199 (£1,059). Together with the case made from “high quality” titanium, a scratch-resistant glass case back, Superluminova-coated hands and a dial protected by sapphire […]
    Hemma Visavadia
  • Petra Diamonds revenue slides 8%
    Petra Diamonds saw revenue fall by 8% to $178.1m (£130m) in the first half of 2020, down from $193.9m (£) the previous year, attributed to the continuous impact of Covid-19. The group sold 1,712,797 carats in 2020, which was marginally less than in 2019, when 1,743,807 carats sold. In 2020, $40.4m (£) of the proceeds […]
    Hemma Visavadia