Retail investment intentions lowest in survey history, says CBI

Retail Investment intentions for the year ahead have weakened to the lowest balance in survey history, at -65%, according to the latest CBI Distributive Trades Survey. It’s a sharp drop from February 2019 (-33%), and comes as retail sales in the year to May fell at the fastest pace since…

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RapNet to vote on synthetics service

RapNet, the world’s largest diamond trading network with daily listings of over $7.4bn (£5.8bn), will be voting on whether it should provide diamond listing and pricing services for synthetic diamonds. Voting will be limited to registered RapNet members who log in to RapNet.com and will take place from 26 May…

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Thomas Sabo announces CVA plans, five stores to close

Jewellery brand Thomas Sabo has proposed CVA plans which will see five UK stores close. According to reports the CVA will not affect its wholesale business which is run by Thomas Sabo Germany. The business also plans to move any staff that are affected by the CVA to other areas…

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Nadine Aysoy updates ‘ancient Chinese-inspired’ Celeste collection

Fine jewellery brand, Nadine Aysoy, has unveiled six new additions to its ‘Celeste’ collection. The collection is inspired by art, sculptures and ancient Chinese tradition, using smooth disks of White Jade, which signifies harmony, courage and unconditional love. The collection features new ring and earring styles, petite designs with smaller,…

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Watches of Switzerland seeks £660m valuation in London IPO

Watches of Switzerland said it is seeking a market capitalisation of up to £660m in its upcoming London public listing. According to reports the retailer intends to sell shares in a range of 250-277p as it seeks to pay off some of its debts. The retailer is now focusing on…

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Online retail sales see subdued growth in April

Online retail sales saw sales growth of just 5.2% year-on-year (YoY) in April, according to the latest IMRG Capgemini eRetail Sales Index. The group said this compares “poorly” to the strong performance seen in April of last year (+12.5%), but continued an ongoing trend of subdued growth seen since the…

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The repair department is in the back

How many times have I heard that in jewellery stores? Too many times. Do jewellers really know how much in lost sales this costs them? Of course not, otherwise they would stop saying that. Some jewellers pass this off by saying: “Oh Betty knows when there is a potential for…

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Bea Jareno Jewellery celebrates 15 years of Afiok collection

Bea Jareno Jewellery is set to celebrate 15 years of its Afiok collection by holding a special showcase event. Between the 27 and 30 June, the company will be taking part in the Handmade in Oxford show at the Waterperry House, with a special private viewing on the Thursday evening.…

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Five arrested over jewellery raid at Amir Jewellers

Five men have been arrested by the Metropolitan Police after the group raided the Amir Jewellers jewellery store in Maida Vale, London. According to the BBC, the thieves were armed with knives, a crowbar and a hammer and rode mopeds during the attack, which took place at around 5pm on…

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Voice on the High Street – Joshua James Jewellery

Tell me about the history of Joshua James Jewellery? Since 2009, Joshua James has sourced fine jewellery, charms, watches and fashion pieces from some of the world’s top brands. Founded by managing director Shaun Bell, the flagship store opened on The Weir in the popular town of Hessle, East Yorkshire,…

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