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Nov- 2015 -

2 November

Advice

Tom Davis

ADVICE: How bricks-and-mortar retailers can enjoy a bumper Black Friday

Black Friday has evolved from a little-known promotion in the UK to one of the biggest events on the retail calendar in just a few years. However, its exponential growth has not been without challenges. Here, Vicky Brock, CEO of returns intelligence specialist Clear Returns, outlines the potential pitfalls Black Friday…
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2 November

Celebrities

Tom Davis

Petra Diamonds’ production up but diamond prices slump

Petra Diamonds has reported an increase in production but a fall in diamond prices in its trading update for the period July 1 to October 27. In its first quarter results for 2016, Petra reported no revenues as its first diamond sale of the financial year was not until October…
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Oct- 2015 -

30 October

Crime

Tom Davis

Four rings stolen from Wrexham Goldsmiths

Four rings have been stolen by thieves from a jewellery store in Wrexham, North Wales. The incident, which happened at around 12:30pm on Thursday, October 29 at Goldsmiths in Regent Street, saw one man waited outside the shop while another entered and asked to see some rings. While examining one…
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30 October

Watch Focus

Tom Davis

Farer launches in UK with explorer-inspired collection

New British watch brand Farer has launched in the UK with an explorer-inspired collection. Each of the watches in the collection is named after a British explorer, selected to define the spirit of the brand, which it said is “daring, courageous, and filled with wanderlust”. The watches, which are designed…
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29 October

Current Affairs

Tom Davis

£1.6bn of jewellery lost in Britain’s sewers

As much as £1.6bn worth of jewellery may have disappeared down Britain’s drains over the years, according to new research from drainage specialist Lanes Group. The YouGov survey of 2,011 adults found that 14% of Britons had personally lost a piece of jewellery to a drain, with an average value…
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29 October

Current Affairs

Tom Davis

RapNet suspends members suspected of falsifying GIA reports

RapNet, the diamond trading network from Rapaport, has suspended 10 members pending further investigations surrounding alleged falsifications of Gemological Institute of America (GIA) reports. RapNet said the members have also been suspended by the GIA for allegedly participating in a scheme that hacked into the GIA’s computer system and upgraded…
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29 October

Economy

Tom Davis

Retail sales to grow 2.5% in December, says Mintel

Retail sales in the UK are to grow 2.5% during December taking total sales up to £42bn, according to forecasts from market research firm Mintel. According to the company’s Christmas Shopping Habits UK 2015 report 21% of Britons say they will spend more online this Christmas, down from 25% in…
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28 October

Watch Focus

Tom Davis

Breitling opens Bluewater store

Swiss watch brand Breitling has opened a 1,500 sq ft boutique in Kent’s Bluewater shopping centre. The store, which officially opened on October 27, is situated on the upper Rose Gallery and will be managed by Aurum Holdings, the owners of Watches of Switzerland, Mappin & Webb and Goldsmiths. The…
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27 October

Appointments

Michael Northcott

Dix Noonan Webb enters jewellery market with Bonhams hires

International coins and medals specialists Dix Noonan Webb is entering the jewellery market with two Bonhams hires briefed to launch a new jewellery department. The new division will open for business on 11 November 2015, headed up by Frances Noble (assisted by Laura Smith), both of whom join from Bonhams. The new…
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26 October

E-Commerce

Michael Northcott

70% of jewellery shoppers look for a ‘trust mark’ online

More than 90% of shoppers say knowing their online jewellery purchase is the genuine article is ‘very important’, while 70% of consumers will look for a trust scheme on the site before committing to a purchase. This is according to a survey commissioned by the Edinburgh Assay Office in partnership…
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