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January 20, 2021
New lab-created diamond detector set to hit market Posted January 20, 2021 | By Arabella Roden ⢠Editor Yehuda Diamond Company has launched the latest model of its Sherlock Holmes device, which can detect both chemical vapour deposition (CVD) and high-pressure high-temperature (HPHT) lab-created diamonds. The release comes amid increasing acceptance of lab-created diamonds in both the broader jewellery industry and among consumers. Members of India’s Bharat Diamond Bourse recent...
January 19, 2021
Auckland jeweller targeted in $180,000 armed raid Posted January 19, 2021 | By Arabella Roden ⢠Editor Two men armed with a shotgun and an axe have stolen diamonds, a watch, and jewellery valued at $NZ150,000–$180,000 during a daylight robbery of an Auckland store. The suspects entered TJ Handcrafted in Auckland’s Botany Town Centre on Sunday 10 January at about 2pm, and held the store’s owner, identified as T Jordan, at gunpoint. “I’m still trying to digest what happene...
January 19, 2021
The National Opal Collection store in Melbournes CBD was forced to close due to the COVID-19 pandemic alongside its sister store in Sydneys The Rocks, while border restrictions to international tourists have seen sales plummet by more than $3 million. Australian opal dealer challenges COVID-19 insurance rejection Posted January 19, 2021 | By Arabella Roden ⢠Editor Damien Cody, director of opal retail and wholesale business Cody Opal Australia, has publicly challenged insuran...
January 18, 2021
Michael Hill records âoutstandingâ results in second half of 2020 Posted January 18, 2021 | By Arabella Roden ⢠Editor In the six months to 27 December 2020, Michael Hill International (MHI)’s same-store sales increased across all three of its key markets, with expected revenue – excluding COVID-19 government subsidies – increasing to $41–45 million, compared with $31.6 million for the same period in 2019. The positive results came despite temporary closures of 3...
January 15, 2021
Now Showing: Up close with the King of Diamonds; resurrecting a Cartier watch; and what happens when Aussie prospectors strike gold? Posted January 15, 2021 | Take a few moments to enjoy Jewellers video selection including updates on current affairs and insights into our jewellery trade. This week, get to know iconic jeweller Laurence Graff, the King of Diamonds, watch as a heavily damaged vintage Cartier watch is brought back to life, and join the search for gold in Victoria with a p...
January 11, 2021
Buying Groups through the Pandemic - 2020 State of the Industry Report: In-depth update of Australias jewellery buying groups over a decade 3.2 k views | Posted January 11, 2021 | By Jeweller Research Following a year of unprecedented upheaval, Jeweller revisited the four jewellery industry buying groups profiled in our March report to explore how they have adapted and supported members throughout COVID-19. BY THE NUMBERS Buying groups offer retail jewellers a myriad of benefits, beyond su...
January 8, 2021
Part two of Jeweller’s analysis of the jewellery and watch industries explores how international brands have expanded their presence in the Australian market – and how the brand-only store model has increased competition with independent retailers.
January 8, 2021
Part two of Jeweller’s analysis of the jewellery and watch industries explores how international brands have expanded their presence in the Australian market – and how the brand-only store model has increased competition with independent retailers.
January 6, 2021
2020 in a Nutshell: Top Headlines and Births, Deaths & Marriages Posted January 06, 2021 | By Jeweller Research What have you been reading? Revisit 2020s most popular stories and headlines on Jewellermagazine.com by category: Everything that can be said about 2020 has already been said. The year of COVID-19 will go down in history as one that changed the world – and most businesses. You lived it, and probably want to forget it; however, 2020 taught us lessons about ourselves, the wor...
January 6, 2021
New retail data indicates strong Christmas trade, fewer discounts Posted January 06, 2021 | By Arabella Roden ⢠Editor Recently released jewellery sales data, compiled by Retail Edge Consultants over the end of November and December, shows that the pre-Christmas period continued the positive momentum observed in prior months. Described as a “fantastic result” by Retail Edge analysts, sales in dollars increased by 26 per cent compared with December 2019. Michael Dyer, sales man...