If you didn’t configureĀ Envato Market auto-updates plugin (it’s recommended) you can update theme and plugins manually as follows:

  1. Go to your downloads section on ThemeForestĀ http://themeforest.net/downloadsĀ and download theme (Installable WordPress file only) – it will be the lastest version.
  2. Extract the zip file and upload all filesĀ (overwrite old files) on your server to
  3. After uploading new version of theme you also have to update plugins. You will see a list of plugins that require update in Appearance ā†’ Install Plugins.

You wonā€™t loose any content or settings, but if youā€™ve made any customizations to source files they will be lost, so please use Child ThemesĀ http://codex.wordpress.org/Child_ThemesĀ to modify theme .php files. šŸ˜‰