British jewellery needs plenty more of the Beaverbrooks attitude

So often when you attend a talk or seminar at the trade shows, or even at after-dinner speeches, there is mention of how the industry needs to pull together, support new talent, and revitalise itself from within. It is therefore encouraging to witness a growing number of initiatives, with IJL’s kickstarter, growing apprenticeship…

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Timex UK lands distribution rights for Vertime brands

Timex UK has announced the expansion of its portfolio to include the Vertime brands as part of a strategy to enter the high end luxury market. From June 2014, the firm will commence exclusive distribution rights for the Versace watches, Salvatore Ferragamo watches, and Versus Versace watches. In a statement,…

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Azendi to debut wholesale collection at IJL

Jewellery brand Azendi has announced it will be showcasing its debut wholesale collection at International Jewellery London (IJL) from 31st August until 2nd September. Currently stocked in 40 House of Fraser stores and independent department stores, Azendi’s wholesale arm has been trading for three years. The brand is now looking…

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NPA applauds new government consumer credit enforcement rules

The National Pawnbrokers Association (NPA) has said it supports the government’s review of the enforcement processes for consumer credit regulations. The review, conducted by the government into the Financial Conduct Authority (FCA) considers the fairness, transparency, speed and efficiency of arrangements and processes for enforcement decision making amongst regulators. In…

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Tiffany & Co displays iconic 128-carat diamond at Paris store opening

Tiffany & Co has displayed its iconic Tiffany Yellow Diamond at the opening of a brand new store in Paris. The diamond, which was transported from New York, was on display at the brand’s new Champs-Elysées premises. For a limited time, gemstone enthusiasts and diamond lovers were able to get…

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Carrier bag tax ‘will confuse shoppers’ as small retailers exempt

The British Retail Consortium (BRC) says its members have expressed “serious disappointment” that government plans to charge for carrier bags will ignore the advice of the industry and a key parliamentary committee. Legislators plan to press ahead with plans to charge 5p for carrier bags to cut waste, litter and…

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Beaverbrooks first to support ‘sponsor a goldsmith’ scheme

Beaverbrooks the Jewellers has become the first company to sponsor Paul Spurgeon in his quest to empower disadvantaged people through the Cornerstone project, Sponsor a Goldsmith (SAG). The Cornerstone project aims to teach and mentor students in South Africa, Uganda and beyond to create beautiful collections of jewellery that can be…

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Chow Tai Fook acquires Hearts on Fire in conditional agreement

Chow Tai Fook Jewellery group has entered into a conditional acquisition agreement which will see it take over the entire stake of the Hearts on Fire jewellery brand. The deal values Hearts on Fire at $150m (£88.18m) on a cash-free and debt-free basis. The acquisition is a strategic move to…

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Retail sales fall 0.5% in May

British retail sales fell in May for the first time since January, despite strong sales of replica football shirts ahead of the World Cup, official data has shown. Figures by the Office of National Statistics have shown that retail sales in May dropped 0.5% compared with the previous month, retail…

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Tendence 2014 to showcase up-and-coming talent

International consumer-goods event, Tendence, will unveil its new Talents Carat display in August, giving 21 up-and-coming designers their very own display. The Talents Carat display will see the 21 up-and-coming talents, from nine different countries, exhibit their first jewellery creations to an international public consisting of buyers, manufacturers and trend…

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