Better-than-expected holiday bolsters Pandora revenue

Pandora has announced that sales have exceeded its original forecast, with full year revenues of 9bn Danish kroner (£1bn) for 2013.The company originally predicted sales of 8.6bn kroner (£959 million), but puts the surprise results down to a better-than-expected holiday period and a string of store openings in the latter…

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Oxford Street store robbed of £500,000 of watches

Armed robbers have stolen more than half a million pounds’ worth of watches from a jewellers in Oxford Street, London. The smash-and-grab job was carried out in full view of a throng of rush hour shoppers, and when police arrived at the scene they were forced to back down when…

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Tiffany & Co. reports 4% increase in worldwide sales

Tiffany & Co. has reported a 4 per cent rise in global sales in the November to December period, which equates to a $1.03 billion (£62.6m) increase in revenues compared with the same period the previous year. The company enjoyed a $131 million (£7.9m) rise in Europe alone, and with…

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Don’t let the threat of shoplifters spoil Valentine’s Day businessDon’t let the threat of shoplifters spoil Valentine’s Day business

Neil Matthews, vice president at Checkpoint Systems. The most romantic day of the year is almost upon us. Jewellers up and down the country are preparing themselves for the inevitable customer surge, having made sure extra stock has been ordered and amorous displays are ready for business. Valentine’s, despite being…

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Acclaimed silversmith showcases work at Belton House

Belton House, part of the National Trust, is set to become a studio and showcase for the acclaimed contemporary silversmith, Angela Cork. The event is the culmination of a successful five-year partnership between The Goldsmiths’ Company and the National Trust, which has introduced thousands of visitors to contemporary silver and…

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Talbots Group see 1.05% increase during December

Birmingham-based packaging solution providers Talbots Group experienced a 1.05 per cent sales increase year on year during December 2013. The company saw card based packing popular amongst jewellery brands and retailers during the Christmas period, which helped to boost sales. Julie Fowler-Drake, managing director of Talbots Group said: “Talbots Group…

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London shop offers graduate exhibition opportunity

London-based Nude Jewellery is running a competition aimed at recent jewellery designer graduates where the winning entry will exhibited at Nude’s own London boutique. The winning piece will be showcased at the independent store’s Mayfair premises alongside it’s already sizeable collection of designer jewellery by award-winning designers. As well as…

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Sales of gift cards show Q3 increase

Sales of gift cards and vouchers to consumers grew by 13 per cent in the third quarter of 2013 according to the latest statistics from The UK Gift Card and Voucher Association. The trade body, which represents the key players in the £4.7 billion gift voucher, cards and ‘stored value…

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BAO announce 1.9% decline in hallmarking

Hallmarking has dropped 1.9 per cent on last year according to The Birmingham Assay Office 2013 hallmarking figures. The decline, compared to figures for 2012, show that the four UK Assay Offices hallmarked 9,156,858 articles in 2013 compared to 9,331,451 the previous year. This slight drop however is an improvement…

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COMMENT: What Makes Diamonds So Desirable?

If there is one store in a shopping centre that never fails to have people gathered outside the window, excitedly pointing and wishfully stating which piece they would buy if they had the money, it is the jewellery shop. Savvy jewellers know that placing sparkling diamond rings, earrings, pendants and…

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