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Nov- 2015 -17 NovemberCrime
Car used by axe-wielding jewellery store raiders recovered
A car used by a masked gang who threatened staff with axes at a jewellery store in Leicester has been recovered by police. The incident took place on Saturday, 14 November, when three masked men entered G Naran, in Melton Road, Belgrave, and threatened staff with axes. Police said that…
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17 NovemberEconomy
Retail parks perform well as retail footfall continues to fall
Retail footfall in the UK was down 0.2% in October compared with the same month last year, unchanged from the decline in September. That is according to data from the British Retail Consortium (BRC) and Springboard’s Footfall and Vacancies Monitor, which found the fall was slightly above the three-month average…
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16 NovemberWatch Focus
Fossil Group acquires wearable tech firm Misfit
Fossil Group has acquired wearable technology company Misfit in a bid to improve its ‘connected accessory’ offering. The group, which is the parent company of Fossil watches and licensee of other watch brands including Michael Kors and Skagen, said the purchase will allow the company to offer consumers both traditional…
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16 NovemberEditor's Blog
Hallmarking: Let’s be sure to look at the full picture
It is of course disappointing to see that the hallmarking figures have fallen into year-on-year decline for October. After what has been a very leavening 12 months of near uninterrupted growth in monthly volumes passing through the four hallmarking offices, seeing a dip is a frightening reminder of how fragile…
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13 NovemberEconomy
Hallmarking figures drop 4.4%
Hallmarking figures fell by 4.4 in October, with gold taking a particular hit. Data compiled from the four UK assay offices by the Birmingham Assay Office showed that the total number of items hallmarked during the period was 1,186,648, down from 1,240,717 last year. Gold was down 3.5%, silver 5.5%, and…
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12 NovemberRetailers
Beaverbrooks opens newly refurbished Basingstoke store
Jewellery chain Beaverbrooks opened its new refurbished Beaverbrooks store yesterday, as part of the company’s initiative to invest in local towns and refresh existing stores. The new-look 2,120 sq ft store is located in Festival Place Shopping Centre and was unveiled to the public on Wednesday 11 November at 10am.…
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12 NovemberAuctions
‘Blue Moon’ diamond sells for record £31.8m
A blue diamond, formerly known as the ‘Blue Moon Diamond’, has been auctioned for a world record 48.6m Swiss francs (£31.8m). The 12-carat diamond, which was auctioned at Sotheby’s in Geneva yesterday (November 11), beat the previous auction record for any diamond held by The Graff Pink (24.78-carats), which sold…
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11 NovemberAuctions
Rare pink diamond sells for record £19m
Auction house Christie’s has sold the largest vivid pink diamond to be offered at auction for a record 28.7m Swiss francs (£19m). The cushion-shaped vivid pink diamond, which was sold yesterday (10 November) at Christie’s Magnificent Jewels auction in Geneva, set a new record for any vivid pink diamond at 16.08…
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11 NovemberCrime
Gang convicted for ‘violent’ jewellery raids in Manchester and London
Three men have been convicted following a string of commercial robberies on jewellery stores and money transfer shops. Over the course of a year the gang targeted seven stores, using rubber blocks and hammers to smash shop windows and steal jewellery from window displays. It is believed that the men…
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10 NovemberRetailers
‘Lethal combination’ for UK retailers, says Tesco boss
The chief executive of Tesco, Dave Lewis, has warned that the UK retail sector is facing a “lethal cocktail” of rising costs. Speaking at the CBI’s annual conference, Lewis said rising business rates and the National Living Wage (introduced by George Osborne earlier this year) mean retailers will face an…
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