Vacancy rates improve to 13.8% in Q4

The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than Q3 and 0.6 percentage points better than the same period last year, according to the latest BRC/LDC monitor. This was the fifth consecutive quarter of falling vacancy rates. All locations…

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Tateossian launches Utopia collection

Luxury British jeweller Tateossian has announced the launch of its new collection named Utopia. The collection’s themes centre around sustainability, bright and bold pieces, modern updates and “superior quality”. The jeweller’s signature styles have been reworked and expanded alongside new additions in the form of new stones and new materials.…

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Reprossi unveils La Ligne collection

Reprossi has unveiled its latest collection, La Ligne, designed to celebrate the “creative dimension” of the house. The collection is said to combine high jewellery and design, with the 15 pieces of the collection featuring “radical” silhouettes with Repossi’s signature pear-cut diamonds. The line complements Repossi’s three previously existing High…

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Footfall improves throughout 2022 but remains 14% behind 2019

UK footfall improved throughout 2022, but there still remains a “significant” 14.2% gap to pre-pandemic 2019 levels, according to Springboard’s annual retail review for 2022. However, the figure does mark “a steady improvement”, from -20.8% below 2019 in January 2022 to -10.9% in December 2022. The uplift from 2021, however,…

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Loquet launches line inspired by Charlie Mackesy

Loquet London has announced the launch of its ‘The Boy, the Mole, the Fox and the Horse’ collection inspired by the illustrations of Charlie Mackesy. Loquet has designed a collection of charms, each of which depict Mackesy’s much-loved characters of the boy, the mole, the fox and the horse, an…

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Berry’s Jewellers unveils Nottingham Omega showroom

Berry’s Jewellers has announced the opening of a new Omega showroom in Nottingham. The new store will be the only Omega showroom in the Nottinghamshire area. Located next to the Berry’s store, the showroom will open in early February in a prime city centre location that has been home to…

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Laings launches Burns Night collection

Scottish jeweller Laings has launched its Burns night collection inspired by the works of Robert Burns. The main items in the collection include the ‘O my Love is like a red, red rose’ ring, an 18ct White Gold 1.95ct ruby and diamond ring inspired by Burns’ love poems and the…

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Dior launches ‘Dearest Dior’ collection

Luxury designer Dior has announced the launch of its latest collection named “Dearest Dior” including 77 new creations. The collection has been designed by Victoire de Castellane who also designed the “Dear Dior” and “Dior Dior Dior” collections. The line consists of necklaces, bracelets and rings with diamonds and rubies,…

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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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