Diamond prices rise in April amid tariff uncertainty
Jewellery Focus • May 8, 2025, 5:54 pm
Diamond prices rose sharply at the beginning of April in response to announcements of new U.S. import tariffs, and then stabilised later in the month when the U.S. delayed their implementation by 90…
Jewellery Focus • May 8, 2025, 5:54 pm
Pandora has revealed that it has lowered its EBIT margin guidance for the full year to “around 24%”, down from 24.5%. The retailer cited currency fluctuations and ongoing uncertainties around US…
Jewellery Focus • May 8, 2025, 5:54 pm
De Beers Group has announced its intention to close its lab-grown diamond jewellery brand, Lightbox, marking its commitment to natural diamonds. As part of the closure process, De Beers Group is…
Jewellery Focus • May 8, 2025, 5:54 pm
The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the fourth rate cut since last year’s peak of 5.25%. At its meeting ending on 7 May, the bank’s…
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