Retailers

Watches of Switzerland reports 5.9% increase in revenues in Q1 results

Watches of Switzerland has reported a 5.9% increase in group revenues to £819.3m in the year to 26 April, ahead of…

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UK economy shrinks by 2% as pandemic takes its toll

The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19…

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Trouble ahead for retail vacancy rates, warns BRC

The British Retail Consortium (BRC) and Local Data Company has said the new BRC-LDC Vacancy Monitor has revealed that the rate of…

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Pandora maintains ‘strong financial position’ despite pandemic

Pandora said it is in a “strong financial position” to sustain a prolonged Covid-19 crisis, as it recorded “positive organic…

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Laings recognised by Sunday Times Profit Track

Luxury jewellery retailer Laings has been named one of the fastest-growing UK companies for profits growth by The Sunday Times.…

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One in six shopworkers abused daily during pandemic, says Usdaw

Shopworkers’ trade union Usdaw has released statistics revealing one in six shop workers have suffered abuse on every shift, during the coronavirus…

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De Beers Group CFO to depart in July

De Beers Group announced that its chief financial officer, Nimesh Patel, will leave the business at the end of July…

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Beaverbrooks closes website and warehouse operations

Beaverbrooks has closed its website and warehouse operations until further notice. Anna Blackburn, managing director at Beaverbrooks, said the company…

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H.Samuel announces temporary store closures amid Covid-19 virus outbreak

High street jewellery store H. Samuel has announced the temporary closure of all its stores amid the recent outbreak of…

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F. Hinds and Chapelle close all stores until further notice

Family-run jewellery business F. Hinds, which also operates Chapelle, has announced that all sites for both brands are to close…

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