Retailers

IWC ladies watches launch at Harrods

The new IWC Da Vinci watch collection tailored for ladies is launching exclusively at Harrods this month. IWC Schaffhausen will display the new collection in the department store’s Fine Watch Room as part of a unique pop up exhibition. The range, which has been made especially for Harrods, is the…

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Butler and Wilson closes Mayfair store after three year loss

Butler and Wilson has decided to close its Mayfair store after trading at a loss for three years. It has been 32 years since the costume jeweller opened its outlet in South Molton Street, Mayfair but after a 21% increase in rent costs, the store was no longer making a…

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Tag Heuer to open its largest UK store

Swiss watch brand Tag Heuer will be opening its largest UK store in Meadowhall, Yorkshire. The shopping venue, which is joint-owned by British Land, has undergone a £60m refurbishment program which included a £16m retailer investment. Some 42 brands have redesigned their stores in the renovation and Tag Heuer is…

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Alex Monroe Jewellery to share success secrets in free webinar with Brightpearl

Tom Graham, ecommerce manager of Alex Monroe, will take part in a free webinar discussing the company’s secrets to success and retail strategies. In the 30-minute session hosted by Brightpearl, Graham will tell attendees how the business transitioned to be completely cloud-based and how they have kept up with changing…

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1.4m jobs at risk as SMEs close, says business sale marketplace

Over 1.4 million jobs in the UK are at risk as hundreds of thousands of small businesses close within the next five years, according to a survey by business sale marketplace Bizdaq. The survey showed that companies are closing at an “alarming rate”, with 363,000 small business owners planning to…

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Jeweller Samer Halimeh NY unveils London flagship store

Samer Halimeh NY has revealed its London flagship store as well as future plans for more retail outlets around the world. The diamond jewellery brand has its headquarters on Fifth Avenue in New York but will make its London store its global flagship, located in Knightsbridge.The brand also has boutiques…

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High business rates force award-winning jeweller to close

An award-winning jeweller has been forced to close his Southport store due to high business rates. Peter Jackson MBE, owner of Peter Jackson the Jewellers, decided to shut his store after 20 years in the area. With other Peter Jackson stores in Preston, Blackburn, Bury and Carlisle, the Southport outlet…

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UK high street sees increase in card payments

There was an increase in payments made with debit and credit cards in the first quarter of the year, data from payment processor, Worldpay, has revealed. The UK high street saw an overall average year-on-year increase of 1.5% in card payments. Worldpay suggest that this is due to the weakening…

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Watchshop.com launches sunglasses boutique

Online watch and jewellery retailer Watchshop.com has added a sunglasses boutique to its portfolio. The retailer is currently working with nine brands, including Ray-Ban, Nike and Emporio Armani, for its new venture. The brand roster is expected to grow in the coming months with the addition of classic styles and…

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UK retail sales drop as inflation rises

UK retail sales dropped by 1.8% in March marking the largest year on year decline since 2010 and exceeding economists’ predictions of a 0.5% decline. Coinciding with the rise of inflation, the volume of goods sold in store and online fell 1.4% in the first quarter of the year. The…

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