Billionaire Bill Ackman takes minority stake in Bremont

Billionaire hedge fund manager Bill Ackman has taken a minority stake in luxury British watch brand Bremont, according to the Financial Times. It comes after he became one of the brand’s customers, and will now provide financial backing as the company plans to bring large-scale watch manufacturing back to the…

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Consumer confidence improves for first time in 15 months

UK consumer confidence in the final quarter of 2022 improved by half (+0.6) a percentage point, according to the latest Deloitte Consumer Tracker, marking the end of a 15-month period of consecutive decline. Deloitte said overall confidence was boosted by “significant” quarter-on-quarter improvement in sentiment towards levels of debt (+3.8…

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Beaverbrooks sees record December sales

Jewellery retailer Beaverbrooks has announced record breaking December sales with an 8% increase compared with 2021. The retailer also stated that it saw an 18% increase in sales when only accounting for the last two weeks of the month compared with 2021. Despite the cost of living crisis and rail…

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No Christmas boost as retail sales volumes fall 1%

Retail sales volumes fell by 1% in December 2022 after a 0.5% fall in November 2022, according to data from the Office for National Statistics (ONS). Alongside this, sales volumes were down 1.7% compared with pre-pandemic levels in February 2020. Non-food store sales volumes also dropped 2.1% over December. ONS…

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Element Six appoints new CEO

The De Beers Group has announced the appointment of Siobhan Duffy as CEO of Element Six. Duffy will take up the role on 1 February and has been promoted from executive director for sales and marketing. She will also join the De Beers group executive committee. She has more than…

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UK inflation dips for second consecutive month

UK inflation fell slightly for the second consecutive month from 10.7% to 10.5% in December as easing fuel costs were offset by the rising price of food which meant the figure remained close to its previous 40-year high. The latest figures, from The Office For National Statistics (ONS), show that…

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Maya Gemstones launches ‘Lilibet’ capsule collection

Maya Gemstones has announced its latest capsule collection ‘Liliet’, a dedication to the world’s longest reigning female monarch,named after her childhood nickname. Each piece has been designed in the formation of a rose, is diamond encrusted and features a striking ‘Maya cut’ morganite as its main stone. The earring can…

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Orelia and Co launches three exclusive Scandinavian brands

Orelia and Co has announced the exclusive launch of three Scandinavian brands, Maanesten, Pico and Sui Ava, for the first time in the UK on its platform. The curator also announced the addition of other brands including London based Bijoux De Mimi, French brand Et Toi and Brighton-born Tegen. Maanesten…

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Steven Stone unveils special ring collection in honour of Lionesses

Jeweller Steven Stone has created a special collection of rings in honour of the Lionesses European Championship triumph over the summer. Among the collection is a silver and gold plated signet ring that displays the Nike logo, as worn by Leah Williamson on the Graham Norton Show. Each ring is…

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Samantha Siu jewellery launches on Selfridges

New York-based jewellery designer Samantha Siu has announced that its products are now available on Selfridges online store. A number of the brand’s gold earrings and gold necklaces ‘A Love Affair’ line from the have been made available on the retailer’s site. The range of earrings are handcrafted in Thailand…

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