Retailers
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Nov- 2021 -15 November
Richemont’s group operating profit surges 331% to €1.94bn
Richemont has announced its group operating profit for the six-month period ending 30 September 2021 increased by 331% over the prior-year period to €1.94bn (£1.65bn), compared to €452m (£384m) for the same period in 2020. Additionally, group operating profit reportedly increased by 67% on a two-year basis from €1.16bn (£9.92m)…
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15 November
Oldest jewellers in Harrogate to close after 190-year tenure
A Fattorini, the oldest jewellery store in the town of Harrogate has announced that it will close permanently after almost 190 years of trading. The closure is due to the retirement of the store owner, Anthony Tindall. As a result of the closing down, the store is currently offering up…
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12 November
The Alkemistry launches ‘Crystal Apothecary’ pop-up at Selfridges London
London-based fine jewellery brand, The Alkemistry, is launching ‘The Alkemistry Crystal Apothecary’ pop-up in Selfridges London, on 1 November 2021. The pop-up will focus on the brand’s crystal collections, Cinta and Iqra, and shoppers will be able to explore The Alkemistry’s personalisation table where the team will be creating bespoke…
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11 November
Astrid and Miyu to launch three new London stores
Jewellery brand Astrid and Miyu has announced it will be launching three new destination stores in London. Opening on 18 November, 25 November and 3 December on King’s Road, Foubert’s Place and Coal Drops Yard, the new stores arrive in time for the festive season. The new stores will feature…
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11 November
DCK Group launches children’s accessories brand
DCK Group, an independent fashion jewellery business, has announced the launch of its new children’s accessories brand called Flitzy. The Flitzy brand offers a new range of jewellery and hair accessories, as well as fashion pieces for young children. The range comprises collectible charms, pendant necklaces, headbands and statement rings…
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10 November
Dior Joaillerie unveils new ‘Rose de vents’ collection
Dior Joaillerie has unveiled the Rose des vents collection which features campaign shots of model Cara Delevingne. The collection includes a series of necklaces in yellow gold associated with malachite or mother-of-pearl, as well as pink gold versions featuring opal or onyx. Also included is an impodiamond-set white gold medallion…
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9 November
Beaverbrooks profits remain resilient
Family-owned national jewellery retailer, Beaverbrooks, has announced its group turnover for the financial year 2020/2021 was £123.1m, down only 14% from £143.2m against 2019/20 levels which was the brand’s most profitable year of its 102-year history. Following “significant investments”, Beaverbrooks ended the financial year with a group operating profit of…
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9 November
Hallmarking climbs 35.8% in October
The total number of hallmarked pieces climbed 35.8% to 1,133,920 in October 2021, up from 835,049 for the same period in 2020. According to the Birmingham Assay Office, silver saw the largest increase in hallmarked pieces, jumping 59.8% year-on-year. While the 625,889 hallmarked silver pieces in October 2021 represented the…
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8 November
Notch unveils plans to expand high street offering
Yorkshire-based jewellery brand Notch has announced plans to have nearly 20 premier stores by the new year and be stocked in more than 150 high street shops by the end of 2022. The brand, which generated more than £1.5m in sales since being founded in 2019, launched its achievement bracelet…
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8 November
Goldsmiths unveils new showroom concept in Brighton
Goldsmiths has unveiled a new design at its Brighton showroom at Churchill Square which includes a new interior concept, as well as “world-renowned” fine jewellery brands and a new line up of “luxury timepieces” from Swiss watchmakers. The updated showroom combines complementary fine jewellery offerings, and fine jewellery highlights including…
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