Retailers
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Nov- 2020 -26 November
Beaverbrooks reports annual turnover rise of 12.4%
Beaverbrooks has released its latest financial statement for the full year to 29 February 2020, which saw its annual turnover increase 12.4% to £143.2m from £127.4m last year, reflecting the sixth consecutive year of growth for the organisation. During the same period, the jewellery company also reported its operating profit…
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23 November
Hirsh launches home shopping service
Hirsch has introduced a new home shopping service called Hirsh Time which allows customers to “try before you buy”. The jewellers complimentary service is currently available to any Hirsh customers that can be reached by the Hirsh Taxi. The Hirsh Time feature allows customers to choose up to three pieces…
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Oct- 2020 -29 October
Pure Jewels partners with Ainsworth Jewellers
Pure Jewels has announced the launch of its retail partnership with Ainsworth Jewellers, according to local newspaper The Lancashire Times. The London based jewellers, which supplies “high purity gold and platinum jewellery” mainly to the British Asian market, said Ainsworth’s will now be stocking the Pure Jewels’ collections at its…
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16 October
e&e Jewellery opens new Covent Garden branch
Mercers’ Company has announced that independent jewellers, e&e Jewellery, has signed for a new boutique on Neal Street in London’s Covent Garden. The 500 sq ft e&e Jewellery space, located in the center of Covent Garden, is one of five in London and forms part of the brand’s European expansion…
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13 October
Lebrusan Studio joins London Diamond Bourse
Lebrusan Studio has announced its membership to the London Diamond Bourse. The sustainable jewellery brand will use the space at the historic institution as an open showroom for visiting clients, having previously operated remotely for the last six months. The move comes after the brand’s launch of a new range…
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9 October
Cirencester jewellery store to close
A Cirencester jewellery store in Cirencester is set to permanently close its doors, according to local reports. The jewellery store, Goldsmiths, is located in the centre of the town, and has announced that it will cease trading this Saturday (9 October). While its staff have been made redundant, they told…
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6 October
Watches of Switzerland raises guidance as sales surge
Watches of Switzerland has announced that revenue for the first 10 weeks of Q2 has been “stronger than expected” at £202.7m, up 20.2% in constant currency and 18.3% in reported terms against the prior year. The group also reported sales to date of £145.1m, up by 12.6% against the prior…
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Sep- 2020 -30 September
LVMH files countersuit against Tiffany & Co
LVMH has filed a countersuit against Tiffany & Co in the ongoing legal battle between the two companies. This follows Tiffany’s legal action against LVMH, after the Louis Vuitton owner pulled out of a merger deal citing ‘‘recent developments’’, including a request from the French Foregin Ministry to delay proceedings…
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25 September
Nova Silver launches QR code scheme
Nora Silver has launched a new scheme aimed at assisting people who want to support small businesses, yet who are anxious about waiting in queues during the pandemic. The Norwich-based jewellery boutique is asking customers to scan products’ QR codes on their smartphones, which will open the Nora Silver website.…
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24 September
Laings launches autumn campaign
Laings has announced the launch of its 2020 autumn campaign across UK stores and online. The latest campaign is “filled with the luxurious feel of the autumn months”, according to the retailer. The group added that the new campaign, which highlights diamond jewellery as well as complementing wristwatches, explores the…
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