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  • Feb- 2016 -
    8 February
    Events
    Day two: Jewellery and Watch in pictures
    Tom Davis

    Day two: Jewellery and Watch in pictures

    Jewellery and Watch Birmingham opened its doors yesterday (Sunday, February 7), with new collections and designs being showcased by some 400 companies. Here are some of the company’s we have seen so far (see above).      

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  • 5 February
    RetailersFraser Hart set to open Colchester store
    Tom Davis

    Fraser Hart set to open Colchester store

    Jewellery chain Fraser Hart has announced it is set to open a new store in Colchester’s Culver Square shopping centre. The new store is expected to open in April and Fraser Hart, which has 39 other stores across the UK, said it has already started the interview process for the…

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  • 4 February
    EconomyJewellery and watch profits soar 53% for LVMH
    Tom Davis

    Jewellery and watch profits soar 53% for LVMH

    The Jewellery and Watch division of luxury products group LVMH has reported a 53% profit jump in 2015. The company’s jewellery division saw revenue jump from €2.78bn (£2.13bn) in 2014 to €3.31bn (£2.154bn) in 2015, an increase of 19%. Organic revenue growth was 8%, meaning the group benefitted from exchange…

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  • 4 February
    Trade OrganisationsGem-A seeks new chief executive
    Tom Davis

    Gem-A seeks new chief executive

    The Gemmological Association of Great Britain (Gem-A) has announced it is seeking a new chief executive to spearhead its growth. The association said the successful applicant will have “proven management skills and a high level of experience” in gemmology or a closely related field. The chief executive will oversee the…

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  • 3 February
    Watch FocusSwatch Group reports 21% profit fall in 2015
    Tom Davis

    Swatch Group reports 21% profit fall in 2015

    Swatch Group has reported annual profits of 1.12bn Swiss francs (£761m) in 2015, a 21% fall when compared with the previous year. The company, which owns brands such as Calvin Klein, Blancpain, Tissot, Longines, Omega and Breguet, said the decline in profits was due to the “strong negative impact of…

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  • 3 February
    RetailersGuildsman Jewellery Gallery to open in Birmingham’s Jewellery Quarter
    Tom Davis

    Guildsman Jewellery Gallery to open in Birmingham’s Jewellery Quarter

    A new jewellery gallery has announced it will launch in Birmingham’s historic Jewellery Quarter later this year. The Guildsman Jewellery Gallery is expected to open in spring 2016 and will provide 1,000 sq ft of retail and exhibition space across two floors. It will display pieces of handmade fine jewellery…

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  • 3 February
    EconomyShop prices fall 1.8% in January
    Tom Davis

    Shop prices fall 1.8% in January

    Overall shop prices in the UK fell 1.8% in January compared with the same month last year, new figures figures show. That’s according to British Retail Consortium (BRC) and Nielsen’s monthly Shop Price Index, which found the fall was down from the 2% fall in December and in-line with the…

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  • 2 February
    EconomyPolished diamond prices rise for third consecutive month
    Tom Davis

    Polished diamond prices rise for third consecutive month

    Prices of polished diamonds have continued to rise in January as shortages continued to support the market, which also saw a boost from the holiday season. That is according to the latest RapNet Diamond Index (RAPI) which found the price of 1-carat, GIA-graded diamonds rose 0.9% during the month. RAPI…

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  • 1 February
    Current AffairsJeweller joins crowdfunding campaign to help flood victims
    Tom Davis

    Jeweller joins crowdfunding campaign to help flood victims

    A West Yorkshire jeweller has joined a crowdfunding initiative to help raise money for local businesses in Calder Valley, which were affected by the Boxing Day floods. Element Jewellery is supporting the ‘Calderdale Rising’ campaign, launched on Friday 15 January, and has been trending as the most popular campaign on…

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  • 1 February
    EconomyRetail growth steady but expected to slow next month
    Tom Davis

    Retail growth steady but expected to slow next month

    Retail sales were steady over the year to January beating retailers’ expectations of a slight slowdown, according new data from the Confederation of British Industry (CBI). The organisation’s latest monthly Distributive Trends Survey of 126 companies found that 41% of retailers said that sales volumes were up in January on…

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