Economy
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Feb- 2016 -12 February
Counterfeiting costs UK jewellery and watch industry £138m a year
The jewellery and watch sector in the UK loses £138m every year as a result of counterfeit products in the…
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11 February
Gold demand resilient in 2015 says World Gold Council
Global gold demand in 2015 was virtually flat compared with 2014 at 4,212 tonnes (t), according to the World Gold Council’s…
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4 February
Jewellery and watch profits soar 53% for LVMH
The Jewellery and Watch division of luxury products group LVMH has reported a 53% profit jump in 2015. The company’s…
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3 February
Shop prices fall 1.8% in January
Overall shop prices in the UK fell 1.8% in January compared with the same month last year, new figures figures…
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2 February
Polished diamond prices rise for third consecutive month
Prices of polished diamonds have continued to rise in January as shortages continued to support the market, which also saw…
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1 February
Retail growth steady but expected to slow next month
Retail sales were steady over the year to January beating retailers’ expectations of a slight slowdown, according new data from…
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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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