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Mar- 2021 -16 MarchRetailers
Goodman Bros upgrades to new offices
Goodman Bros, a Cambridgeshire-based jewellery service distributor, has moved to a new premises following the securing of a NatWest funding package. The wholesaler, which supplies jewellery accessories and cleaning products to various clients in the UK and Europe, has achieved year-on-year growth since its inception in 2014. In turn, the…
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15 MarchRetailers
Shop TJC to increase wages to £10 an hour
Shop TJC has announced it will increase its wages for all entry level employees from £8.89 to £10 an hour which is 12% over the minimum wage prescribed in the recent budget which will come into effect April 2021. The e-retailer which specialises in jewellery, gemstones, and other lifestyle accessories…
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15 MarchRetailers
VNJ secures £150,000 funding package
V N Jewellery (VNJ), an online jewellery retailer, has secured a £150,000 funding package from Maven Capital Partners’ Midlands Engine Investment Fund (MEIF). Based in Aylesbury, the firm’s team comprises Hai Ngan Knight and Jeremy Knight, who act as managing director and finance director respectively. VNJ will use the investment…
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12 MarchE-Commerce
Once announces Messika partnership
Once, an online fine jewellery platform, has revealed that it will now stock products from Messika, the French diamond fine-jewellery company. Founded by Valerie Messika, the daughter of diamantair André Messika, the group has gained celebrity interest from names such as Beyonce, Emily Ratajkowski and Charlize Theron. The brand, which…
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12 MarchAuctions
Victorian necklace to lead Fellows auction
A historic necklace which features 15 different coloured gems is set to go under the hammer at Fellows Auctioneers with an estimate of £2,500 – £3,500. The 15 carat gold multi-gem and enamel necklace from the Victorian era comprises 15 distinct gems, including sapphire, emerald and demantoid garnet. Some of…
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11 MarchRetailers
Goldsmiths to launch revamped store concept
Goldsmiths has announced it plans to enhance its network of stores throughout the UK with a new luxury store concept which will be rolled out from Autumn 2021. The new stores, which have been conceived in partnership with UK-based design collective Quadrant Design, will combine a contemporary luxury design with…
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11 MarchDesigners
Taylor & Heart secures £500k GLIF loan
Taylor and Hart, a bespoke jewellery designer, has secured a £500,000 loan funding from the Greater London Investment Fund (GLIF). The cash injection includes £250,000 in conjunction with the government backed Coronavirus Business Interruption Loan Scheme (CBILS). Founded in 2011, Taylor and Hart offers individual engagement ring designs to its…
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10 MarchManufacturers
De Beers Group reaches £396m in rough diamond sales cycle
De Beers Group has revealed its provisional value for the Cycle 2 2021 rough diamond sales for the period 22 February to 08 March 08 March 2021 to be $550m (£396m). The group also revealed its actual Cycle 1 2021 sales value between18 January and 2 February 2021 to be…
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10 MarchRetailers
Pandora posts 12% organic growth for February
Luxury jewellery retailer Pandora has reported a year-on-year organic growth of 12% for February 2021. The month also represented a year-on-year total sell-out growth of 7%, while the quarter to date achieved 4% organic and 1% sell-out expansions when compared to Q1 of FY20. The results are part of a…
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9 MarchRetailers
Pursuit commits £125k to fund for independent jewellers
EPoS software and solutions specialist, Pursuit, has committed £125,000 to an industry support fund to provide greater assistance to independent jewellery retailers looking to update their systems and digital operations. The Pursuit Partnership Fund was created to support businesses that are “ready to take the next step” in EPoS and…
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