Economy
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Jan- 2016 -29 January
Unseasonable weather damages independent retail sales in Q4
A “dramatic reversal of fortunes” in the last three months of 2015 has brought an end to an 18 month…
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28 January
De Beers rough diamond sales slump 39% in 2015
Rough diamond sales for De Beers slumped 39% to 19.9 million carats in 2015, according to the firm’s parent company…
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26 January
De Beers sells £380m worth of diamonds in first sale of 2016
De Beers has announced it sold $540m (£380m) worth of rough diamonds in the first sales cycle of 2016 –…
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25 January
Petra Diamonds revenue falls 28% in first-half results
Petra Diamonds has announced that revenue for the first six months of the financial year – ending December 31 –…
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22 January
2016 ‘likely to be volatile’ claims De Beers CEO
De Beers Group chief executive, Philippe Mellier, warned of likely “volatility” in the diamond industry in 2016. Addressing a sightholder…
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18 January
Footfall across the UK down 2.2% in December
Footfall in December was down 2.2% on the same time last year as consumers turned to e-commerce for their Christmas…
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12 January
UK retail sales remain subdued as e-commerce sales surge
The growth of retail sales continued to slow down in December as e-commerce sales jumped compared with the same month…
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7 January
Christmas spending up 4% but high street slumps
Year-on-year consumer spending was up 4% over the Christmas period but there was a huge divide between online retailers and…
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6 January
Shop prices fall 2% in December
Overall shop prices fell 2% in December from the 2.1% decline seen in November, according to new data released today.…
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5 January
Polished diamond prices increase in December
The price of polished diamond continued to increase in December, boosted by last-minute Christmas holiday orders. The latest Rapnet Diamond…
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