WFDB announces new committee for Get Diamonds

The World Federation of Diamond Bourses (WFDB) has announced the new ownership committee of its subsidiary Get Diamonds. In a letter, Yoram Dvash, acting president of WFDB announced the appointment of 12 members of the committee, which include five representatives of major bourses, five diamond dealers from various countries and…

Read More »

IRC launches ‘We are open’ scheme amid Covid-19 crisis

The Independent Retailers Confederation (IRC), a group of trade organisations representing different independent retail sectors across the UK, has launched ‘We are open’, an online map and directory of independent shops that are still open and operating responsibly during the Covid-19 pandemic.  Under the government’s guidance some high street retailers…

Read More »

Hean Studio resumes operations

Hean Studio has revealed it is now reopen for business. The precious metal castings specialist had initially stopped operations in light of the ongoing pandemic. However, it has now reopened with a team of skeleton staff in order to keep employees safe and enable social distancing in line with government…

Read More »

Online retail sales soar to 10-year high amid Covid-19 crisis

Online sales growth surged to a 10-year high in April, up 23.8% year-on-year, amid the ongoing Covid-19 pandemic. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. According to the report, the spike in sales was “overwhelmingly” driven by…

Read More »

Usdaw welcomes scrutiny of the Protection of Workers as it calls for the bill to progress

Shop workers trade union Usdaw has welcomed further scrutiny of the Protection of Workers (retail and age-restricted goods and services) (Scotland) Bill (Scotland) at the economy, energy and fair work committee meeting.  Usdaw calls for the bill to complete stage one and progress to stage two of the legislative process,…

Read More »

Watches of Switzerland reports 5.9% increase in revenues in Q1 results

Watches of Switzerland has reported a 5.9% increase in group revenues to £819.3m in the year to 26 April, ahead of recently revised guidance. In the 46 weeks to 15 March 2020, group revenue increased by 15.8% across both the UK, which was up by 9.4% and the US, which increased…

Read More »

How jewellers can maximise store closure time

As business owners across the country temporarily close their physical stores and reduce their hours due to the latest government restrictions, now is the time for retailers to think about expanding the services they offer and future-proofing their businesses. This is particularly important for small, independent retailers who might not…

Read More »

How to keep track of your cash flow

More than ever, cash flow is a key issue for small businesses, and understanding it is crucial to making informed decisions at the right time. The government will be asking businesses to demonstrate that they have an understanding of the state of their cash flow as it stands, and in…

Read More »

Presman Mastermelt reopens scrap metal postal service amid Covid-19 pandemic

Precious metals processing and recycling company Presman Mastermelt has announced it is restarting its postal service for customers wanting to send their precious scrap and lemel.  The company, which is based in London’s Hatton Garden, is currently closed to visitors, and said all registered parcels will be accepted on Mondays…

Read More »

Demi+Co launches jewellery storage

Demi+Co  has announced the launch of a limited-edition series of jewellery boxes.  The online jewellery brand said the idea for the launch followed customer requests and feedback directly from social media and emails, as well as the idea that “people are spending an increasing amount of time at home decluttering…

Read More »