Retailers
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Aug- 2025 -15 August
Pandora reports 8% organic growth in Q2 despite macroeconomic headwinds
Pandora has reported 8% organic growth in the second quarter of 2025, with revenues rising to DKK 7.05bn (£800m) despite foreign exchange, tariff and commodity price pressures. Like-for-like (LFL) sales were also up 3%, while network expansion contributed 5% to growth. LFL sales rose 8% in the US and 6%…
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14 August
Claire’s appoints Interpath as administrators
Fashion jewellery and accessories brand Claire’s has appointed Will Wright and Chris Pole from Interpath as joint administrators to its UK, European services and European distribution businesses, effective 13 August 2025. With UK headquarters in Birmingham, the company operates 306 stores across the UK and Ireland, employing more than 2,150…
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12 August
Wolf unveils new Asia Pacific sales director
Wolf has announced the appointment of Francesco Musto as its new sales director for Asia Pacific. Musto brings a wealth of experience with over 13 years of experience in luxury retail and e-commerce within the APAC region, including more than six years in the watch and jewellery sector. Most recently,…
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11 August
Lovisa opens first regional store at Queensgate Peterborough
Jewellery retailer Lovisa has opened its newest store at Queensgate Peterborough, its first store in the region. The Australian brand has taken a 1,630 sq ft unit on the centre’s Lower Mall, next to Boots. It offers earrings, necklaces, bracelets, rings, body jewellery and hair accessories, and operates more than…
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11 August
Gemfields sells Fabergé to SMG Capital for $50m
Gemfields has announced the sale of luxury jewellery brand Fabergé to US-based SMG Capital for $50m (£37.2m). The company will receive $45m (£33.5m) on completion of the deal, expected on 28 August, and a further $5m (£3.73m) in quarterly royalty payments at 8% of Fabergé’s revenue. According to Gemfields, the…
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8 August
Tutti appoints Helen Williamson as fractional MD
North Shields-based jewellery brand Tutti has appointed Helen Williamson as its new fractional managing director. The appointment comes as Tutti marks its 20th anniversary with the opening of a new concept store and studio in Harbour House. Williamson brings extensive experience from senior roles in the fashion and retail sector.…
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8 August
Lily Arkwright unveils new flagship store in Marylebone Square
Lily Arkwright has announced the opening of its first-ever London flagship store, located in the Marylebone Square development. Opening this month, the Marylebone flagship will showcase Lily Arkwright’s full range of engagement rings, wedding bands and fine jewellery, alongside a London-exclusive collection designed especially for the store. Customers will also…
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7 August
UKJSAC welcomes gov business plan but calls for further support
The UK Jewellery, Silverware and Allied Crafts (UKJSAC) Roundtable Group has welcomed the government’s new Backing Your Business plan, while urging further measures to support creative and craft-led microbusinesses. The plan, aimed at strengthening the small and medium-sized enterprise (SME) landscape, includes reforms to licensing, permanent business rate reductions for…
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7 August
Kit Heath expands retail footprint with new partnerships
Jewellery brand Kit Heath has strengthened its retail presence with the return of two key stockists, TH Baker and David Christopher, as it targets regional growth and renewed visibility across the UK. The company said the partnerships marked a “significant step forward” as it sought to increase in-store availability in…
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5 August
Verragio receives RJC certified member status
Jewellery brand Verragio has achieved certified member status with the Responsible Jewellery Council (RJC), following an independent audit of its business practices. The bridal and fine jewellery company joined the RJC in September 2024 and was officially granted certification in June 2025. Certification is awarded to members that meet the…
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