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UK retailers fail to curb conflict gems

Author: Nicol Degli Innocenti, Financial Times, Published on: 29 May 2007

Diamond retailers in the UK are failing to play their part in the battle against conflict diamonds and risk undermining the United Nations-backed initiative [Kimberly Process] to clean up the industry, according to a report to be released today...by Amnesty International and Global Witness...A majority of companies contacted replied in writing to the survey. However...11 failed to respond...Among them are Cartier [part of Richemont], Graff Diamonds and Fraser Hart. John Lewis and House of Fraser also failed to provide any information on their diamond policy..."[M]ost top-selling UK jewellers still lack adequate policies to effectively combat the trade in conflict diamonds", the report states...The UK report follows a survey of the $33bn US jewellery industry, conducted earlier this year, which revealed a similar pattern...[also refers to positive steps by Tiffany, Signet, Ernest Jones (part of Signet), H. Samuel (part of Signet), Leslie Davis (part of Signet)]

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Related companies: Cartier (part of Richemont) Ernest Jones (part of Signet) H.Samuel (part of Signet) House of Fraser John Lewis (part of John Lewis Partnership) John Lewis Partnership Leslie Davis (part of Signet) Richemont Signet Jewelers Tiffany