Retailers
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Aug- 2017 -25 August
Signet Jewelers acquires JamesAllen.com owner, R2Net
Signet Jewelers announced that it has agreed to acquire R2Net for $328m (£256m) in an all-cash transaction. R2Net is the owner of online jewellery retailer JamesAllen.com, as well as Segoma Imaging Technologies, who provides R2Net machines to enable delivery of next-generation digital shopping experience for jewellery. The acquisition will bring…
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25 August
Social media best for business leads; print second, say SMEs
Some 62% of SMEs said that social media brings in the highest quality leads and sales, according to a survey of over 200 SMEs by UK call tracking provider, Mediahawk. Of the businesses asked, 55% were planning to increase budgets in this area. Offline media including magazines, flyers and newspaper…
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25 August
Signet Jewelers post positive Q2 financial results
Signet Jewelers, which owns H Samuel and Ernest Jones in the UK, has reported a same store sales (SSS) increase of 1.4% in Q2. Total sales were $1,399.6m (£109.2m), up $26.2m (£20.4m) or 1.9%, compared to a decrease of 2.6% in the 13 weeks ended July 30, 2016. SSS increased…
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24 August
Watchshop.com adds Christina Jewelry to its portfolio
Watchshop.com has added a new jewellery collection to their portfolio with the acquisition of Danish brand Christina Jewelry. With more than 100 pieces available at Watchshop.com, Christina Jewelry was founded by Christina Hembo, who began her design career with Swiss made watches including two editions worn by the Queen and…
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24 August
Aurum continues UK expansion of Tag Heuer boutiques
Aurum Holdings has continued to build its presence in key UK cities this summer with the opening of two Swiss watch brand Tag Heuer franchise boutiques. The first of the boutiques opened this July in London’s historic Old Spitalfields Market. August then saw the arrival in Sheffield’s Meadowhall centre, marking…
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23 August
Monica Vinader opens stores in Dubai
British jewellery brand Monica Vinader has opened a new standalone store in the City Centre Mirdif in Dubai. Under expansion plans in the UAE, the brand also opened a concession stand at Galeries Lafayette in Dubai Mall. The City Centre Mirdif store was designed with the aim to create a…
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22 August
David Mellor Jewellers relocates after 9 years
David Mellor Jewellers will be relocating from its current shop in Waterloo Court to Andover city centre later this year. Developments are taking place at an old Carphone Warehouse store in the Chantry Centre, where the jewellers will be relocating to. Amy Mellor, manager, said: “After a great nine years…
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21 August
Watchfinder backs La Vuelta a Espana following successful Tour de France campaign
Pre-owned watch specialist Watchfinder has announced it will be sponsoring ITV4’s coverage of La Vuelta a España, which started in the French city of Nimes on Saturday 19 September. This announcement follows a sponsorship of the channel’s coverage of July’s Tour de France which saw Britain’s Chris Froome win the…
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18 August
Retail sales increase by 0.3%, says ONS
Retail sales increased by 0.3% in July 2017 compared with the previous month, according to the Office of National Statistics (ONS). This was due to strong sales in food stores at 1.5%; recovering from a fall of 1.1% in June 2017. The underlying pattern in the quantity bought, measured by…
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18 August
Tag Heuer opens new boutique in Sheffield
A new Tag Heuer boutique has opened in Meadowhall, Sheffield as part of the brand’s partnership with Aurum Holdings. This is the latest boutique opened under the partnership following the unveiling of its Chelmsford boutique at the end of last year in Bond Street and another in London’s Old Spitalfields…
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