Retailers
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Mar- 2017 -9 March
Same-store sales at Signet’s UK division fall 3.8% in Q4
Jewellery retail giant Signet Jewelers has reported a plunge in sales in the fourth quarter of its 2017 financial year. For the 13 weeks ending January 28, 2017, Signet reporting a 3.8% fall in same-store sales across its UK retail division – comprising Ernest Jones and H Samuel – to…
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6 March
Asquiths Jewellers in York set to close after 24 years
Asquiths Jewellers on Goodramgate in York is set to close in April due to falling footfall and an increase in rent. The store, which also has a Darlington branch that is not set to close, has been trading in the city for 24 years but will not be renewing its…
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Feb- 2017 -27 February
Watchfinder opens Canary Wharf store
Pre-owned luxury watch retailer Watchfinder has opened a new store in Canary Wharf, London, following a £5m funding package from HSBC. The funding is part of a larger investment in Watchfinder from HSBC, which aims to allow an “enhanced and increased range of luxury watch supply available to its online…
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20 February
Goldsmiths unveils extension to Glasgow store
High street jewellery chain Goldsmiths has unveiled its extended Goldsmiths store in Glasgow, featuring a TAG Heuer shop-in-shop. The 1,200 sq ft store – located in the Buchanan Galleries shopping centre – features a TAG Heuer branded area with a variety of the brand’s latest styles and collections, including the…
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16 February
Brilliant Inc jewellery relocates to larger Chelsea store
Jewellery brand Brilliant Inc has relocated to a larger store in London’s affluent Chelsea area. Officially launched on Friday February 10, the 953 sq ft store on the famous King’s Road offers a range of fine jewellery and ethically produced simulated diamonds, as well as a bridal room and private…
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Jan- 2017 -17 January
New jewellery store opens in Guildford after £300,000 funding
Two Guildford jewellers with more than 25 years’ experience between them have opened their first retail store after a £300,000 finance package from HSBC. Harrington Brookshaw, owned by Andrew Brookshaw and Paul Harrington, has used the funding to fit out and stock the 500 sq ft premises, located at 157…
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11 January
Signet sales fall 4.6% over festive holiday season
Signet Jewelers, the parent company of UK-based H Samuel and Ernest Jones, has reported a fall in sales over the festive holiday period. For the nine weeks ending 31 December 2016 the company reported that same-store sales had decreased 4.6% compared with an increase of 5.1% in the nine-week period…
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11 January
Asprey reports jump in jewellery and watch sales
Luxury goods retailer and jewellery designer Asprey has reported a jump in retail sales in the first three quarters of the financial year. Asprey has seen “strong momentum” in the period from 1 April 2016 to 31 December 2016, with the company’s retail channel reporting a year-to-date increase of 65%…
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4 January
Aurum Holdings set for auction amid sales boom
The owner of luxury watch and jewellery group Aurum Holdings is reportedly preparing to sell the business after posting “strong sales” following the EU referendum. The company, which owns Goldsmiths, Mappin & Webb and Watches of Switzerland, could be sold later this year after its controlling shareholder Apollo Global Management…
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Dec- 2016 -20 December
Barnsley jewellers ‘forced’ to close in the New Year due to demolition plans
A family-owned jewellery store in Barnsley is set to close its doors in the New Year following plans to demolish parts of the town centre. Some retailers have told the BBC that they have had to close their businesses due to a “lack of council support” in relation to the…
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