BAJ Digest: Your weekly jewellery news roundup – 14th Jan

BAJ Digest: Your weekly jewellery news roundup – 14th Jan

Here at the British Academy of Jewellery we like to stay up to date with what is happening in the jewellery and design world. Welcome to the next instalment of our BAJ Digest – a weekly series dedicated to keeping you up to date with the latest news.

stella

US jewellery firm Stella & Dot ‘to exit European market’

Stella & Dot has been divisive in the industry. While some have referred to it as a pyramid scheme, others claim it has financially liberated women bound by childcare schedules through allowing them to choose their own hours. Whatever your personal thoughts, Stella & Dot had a huge impact on the British jewellery scene as a more sparkling version of Avon, with 3,000 women selling its wares round the country. Now though, its time is up as currency fluctuations weaken the dollar and its European business shuts down.

View the full article at BBC

tiffany

Tiffany & Co. becomes first global jeweller to reveal exact origin of each diamond

Transparency in the jewellery industry – particularly when it comes to the sourcing of diamonds – has been a huge topic in recent years. While manufacturers have woken up to the fact that a new generation places ethics high on the agenda, change has been slow in coming – but now Tiffany & Co has made a landmark announcement. From now on, it will share the country of origin of each newly mined diamond it uses, as well as details on where it is cut and polished.

View the full article at Harper’s Bazaar

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Fabergé drops a carat on a watch

Diamonds and watches are natural bedfellows, with sparkling bezels a mainstay of horological design. The sizes of the diamonds used, though, are often minute, squeezed into an hour marker or set in pavé to decorate a case. Fabergé, however, is not holding back on the carats in its new watch, GemAddict, setting a 1ct round brilliant diamond at the centre of the dial.

View the full article at The Jewellery Cut

46ct-makeable-white-300x225

46-carat gem discovered by Firestone Diamonds

The Lesotho mine in Liqhobong is famed for its large diamonds, and miner Firestone Diamonds has just recovered another corker. It has managed to unearth a 46ct white rough diamond from the earth, completely undamaged. Its chief executive Paul Bosma says that this large rough is a good omen as the miner moves into previously untouched parts of diamond-rich Lesotho.

View the full article at Jewellery Business

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Online innovations continue to drive results at Sotheby’s

The face of auctions is changing. No longer do we need to be in a stuffy auction room, waiting around for hours until that one lot appears and then desperately waggling a catalogue in the hopes of securing it. Now, bids can be placed online – and it’s proving to be a popular method. Auctioneer Sotheby’s says that it sold 53% more jewels through online bidding than it did the year before.

View the full article at Professional Jeweller

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Alex Monroe joins fight to end plastic pollution

He is a jeweller who is synonymous with nature and all things flora and fauna, so it is perhaps unsurprising that Alex Monore is leading the charge to help preserve our world through better business practices. The jewellery designer has signed up to a Friends of the Earth pledge to reduce plastic pollution, and has promised that his business will be free from virgin plastics by 2022.

View the full article at Professional Jeweller

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