Retail vacancy rate reaches six-year high

Retail shop vacancies have reached a six-year high due to the impact of the coronavirus pandemic, according to new research from Springboard. The research found the UK vacancy rate rose to 10.8% in July up from 9.8% in January, which means it is now at the highest level since January…

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Leicestershire police launch appeal after jewellery store robbery

Officers are appealing for witnesses after jewellery was stolen from a local jewellers in Market Harborough. A local report from the Harborough Mail has named the shop as high street business County Jewellers.  According to Leicestershire police, the robbery happened shortly before 1.30am yesterday (1 September) at the premises. It…

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Yummikeys launches Ultrasound Necklace

Eco-friendly baby brand, Yummikeys, has announced its first ever adult-only jewellery design, the Ultrasound Necklace.  The piece is designed with “mum in mind”, with each necklace produced engraved with a personal ultrasound image, with the idea of producing a “cherished keepsake” for customers. According to the group, the “carefully” designed…

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HMRC and Covid-19: One hand giveth, the other taketh away

One hand giveth HMRC was responsible for overseeing and implementing the Government’s Coronavirus Job Retention Scheme (“CJRS”) and other furlough schemes. Its ensuring that monies were paid under the Government’s various furlough support schemes has been impressive. Although the guidance on who was entitled to monies under the CJRS was…

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SMEs ‘plagued’ by late payments

UK freelancers and small business owners continue to be plagued by the problem of late payment, according to new research by cloud accounting software company Freeagent. Analysis of over two million invoices sent by FreeAgent customers between January 2019 and June 2020 has revealed the “startling impact” of late payment…

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Tiffany sales begin to recover

Tiffany and Co has reported its financial results for the three months and half-year ended July 31, 2020. The group began to return to profitability during the second quarter of 2020 following “meaningful sequential improvements” in monthly worldwide net sales from May to July. In light of this, worldwide net…

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Movado Group secures Calvin Klein deal

Movado Group has announced that it has entered into a license agreement with Calvin Klein, Inc, for the design, product development, distribution and marketing of Swiss made and fashion timepieces, as well as fashion jewellery.  The agreement will commence in January 2022 and has an initial term of five years.…

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EOHO boosts retail footfall in last week of August

Footfall across all UK retail destinations rose by 6% over the week ended 29 August, according to the latest figures from Springboard.  The latest figures still marked an annual decline of 26.1%, though this was a “noticeable improvement” against the year-on-year decline of 30.7% the week before.  In the final…

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Hublot launches new timepiece

Hublot has unveiled the latest timepiece in its offering, with a watch that pays tribute to the city of Rome.  According to the watchmaker, the Classic Fusion Chronograph Boutique Roma provides a “charming and sophisticated play on nuances, lights and shade, housed in a dial reminiscent of the romantic atmosphere…

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Alkemistry launches Aria collection

The Alkemistry has announced the launch of a new collection entitled Aria, that “underpins their core brand identity”. The London-based fine jewellery brand noted that the collection “borrows from the movement and fluidity of air, one of the four elements of alchemy”.  The collection’s pieces are made from 18 carat…

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