Retailers
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Oct- 2017 -16 October
Retail footfall drops in September
UK retail footfall dropped in September, with weekly average traffic 6.9% lower than in August. The month also rounded off Q3, in which footfall fell by 4.1% compared to 2016 – this was following a revival in Q2 when the deficit stood at only 1.0%. Ipsos Retail Performance, global retail…
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13 October
W E Clark and Son Jewellers set to open third showroom
W.E Clark & Son Jewellers will be opening a third showroom, to add to its existing ones in in Lewes and in Eastbourne. The new addition will be located in Uckfield, East Sussex and the family-run business will have it open on 27 November, in time for the Christmas period.…
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13 October
Limited edition David Bowie timepiece comes to Watchshop.com
In collaboration with the David Bowie Estate, Swiss watch company Raymond Weil has paid pays homage to the musician with a specially made timepiece. The limited edition Freelancer ‘David Bowie’ serves as a tribute to his life and musical career of the singer who passed away last year. Created to…
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12 October
London top for diamond retail, says report
The Global Diamond Retail Market, new research conducted by diamond retailer Samer Halimeh NY revealed that London has become the ‘go-to’ city for diamond retailing. The study also suggested that it was essential for luxury diamond retailers to have a shop or brand presence in the capital. The research was…
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11 October
Manhunt for armed robbers who raided Mappin and Webb
Police are hunting a gang of six who raided a Mappin and Webb store in central London on Monday evening. The gang arrived at the Regent Street store on three mopeds, when three of them entered the store smashing through glass cases containing high end jewellery. The raid took place…
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11 October
Taylor and Hart announce second round of investment
Taylor & Hart, London-based online retailer of bespoke diamond jewellery, has announced its return to Seedrs for its Series A funding. The aim of this round of investment is to ramp up global expansion after the brand’s initial success across Europe and the US. Since the company’s first round on…
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11 October
Bank of England launches new Banknote Checking Scheme
The Bank of England’s new Banknote Checking Scheme was launched on 10 October. The Scheme is aimed at cash-handling businesses and promotes banknote checking at point of sale through targeted training. Its aim is to reduce the number of counterfeit notes being accepted and to reduce losses to businesses. Any…
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10 October
High retail discounts don’t secure repeat customers, data shows
Customers whose first purchase is discounted by over 30% are less likely to buy from that brand again, new data has suggested. A study from customer engagement specialists Optimove shows that as the discount rises over 30%, retailers are in danger of attracting ‘cherry pickers’ – shoppers who buy a…
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10 October
Harvey Nichols stocks Maviada in new online partnership
Maviada Jewellery has announced its collaboration with the Harvey Nichols and La Maison Couture online stores. The brand will showcase its 18 carat solid gold pendants as well as its 18 carat yellow gold vermeil, 18 carat rose gold vermeil and rhodium plated sterling silver Bodrum logo necklaces and bracelets.…
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10 October
Jewellers’ customer data at risk from new EU legislation
Customer engagement specialists, Redblok, have warned that many business owners are unaware of new EU data protection legislation that will impact how businesses in the jewellery and luxury goods sectors can collect, retain and process their customers’ data. The General Data Protection Regulations (GDPR) will come into force on 25…
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