Weather boosts footfall across UK by 2.3%

Footfall rose by +2.3% last week from the week before across all UK retail destinations, with most of the rise driven by high streets where footfall rose by +4.2% versus just +0.5% in shopping centres and +0.1% in retail parks, according to retail experts Springboard. In coastal towns footfall rose…

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Bira predicts strongest Mother’s Day in 2 years

The British Independent Retailers Association (Bira) has predicted the strongest Mother’s Day trading in over two years. Following the lifting of restrictions early this year, the head of Bira believes this will be the strongest trading period of the year so far as shoppers will be able to hit the…

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Unique & Co releases new men’s spring collection

Unique and Co has launched new styles for its men’s collection this spring following continued demand. The new styles offer more colour-ways in brushed finishes that provide layering options with other items from Unique and Co’s men’s collections. Its new leather wrist wear styles feature brushed Steel in dual-contrast colour…

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Cartier ring sells for £20,000 at auction, tripling estimated value

A mid 20th Century ruby, emerald and diamond ring by Cartier was sold for £20,000 – almost three times its high estimate – by Dix Noonan Webb in their auction of Jewellery and Objects of Vertu on Tuesday March 15, 2022 at their Mayfair saleroom. Comprising three bombé hoops, it…

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Stephen Webster unveils ‘The ReBelles’ collection

Stephen Webster has launched its new collection, ‘The ReBelles’, which comprises seven limited-edition made-to-order cocktail rings. The first ring, ‘Rocket Girl’, is inspired by mathematician Katherine Johnson. It is set in blue titanium and palladium on a white gold shank, with a central trillion dynamite cut amethyst with paraiba tourmalines,…

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13 Spring Statement predictions

With both the global and UK economies coming under pressure from the rising cost of living crisis, which has only been exacerbated by Russia’s invasion of Ukraine, all eyes will be on the chancellor when he makes his Spring Statement speech on 23 March 2022. Here, Christy Wilson, tax associate…

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Christie’s unveils headline pieces for April auction

Christie’s has announced its April 13 ‘Magnificent Jewels auction, which will be headlined by The Fuchsia Rose, an intense purple-pink diamond of 8.82 carats, priced at $4-6m (£3-4.5m). The auction also includes a selection of coloured and colourless diamonds, along with historic jewels from “renowned private collections”, and an assemblage…

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Signet Jewelers sales surge 49.7% to $7.8bn

Signet Jewelers Limited has announced its total sales surged 49.7% to $7.8bn (£5.95bn) in the 52 weeks ending January 29 2022 (FY22), up $2.6bn (£1.98bn) year-on-year and up 27.5% on a two-year basis. For the full year, brick and mortar total sales grew 56.2% year-on-year to $6.3bn (£4.8bn) and 17.2%…

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BoE raises interest rates to 0.75%

The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate the effect of the rising costs of living and the impact that the conflict in Ukraine is having on the global economy. The Monetary Policy Committee (MPC) voted with a…

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Fabergé expands Heritage Collection with new locket

Fabergé has revealed it has expanded its Heritage collection with the launch of a new locket in honour of National Panda Day. The panda locket is crafted from 18k yellow gold, coated in black and white lacquer and features black diamond eyes and golden paw prints. Sitting on a green…

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