Retailers
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Aug- 2021 -3 August
Prestons acquires majority stake in Winsor Bishop
Fine jewellery company Prestons has acquired Winsor Bishop, a Norwich-based independent family jewellers, for an undisclosed sum. According to documents filed on Companies House, Prestons’ holding group Davane Holding now owns a 75% stake in the Norfolk company. In turn, the firm has the right to “directly or indirectly” appoint…
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2 August
Myne London partners with Octavia Elizabeth on sustainable emeralds
Myne London has announced a new partnership with Octavia Elizabeth to supply the brand with ethical, sustainable and traceable emeralds. The jeweller currently offers a traceable route to market for emeralds from Swat Valley, Pakistan, whilst providing opportunities for women local to the region within the gemstone trade. The business…
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2 August
Fope H1 revenues soar 44% to £12.5m
Italian fine jewellery group Fope has reported a 44% year-on-year revenue growth to €14.6m (£12.5m) in H1 FY21. The figure represents a return to group revenues that are “essentially in line” with the company’s pre-pandemic H1 FY19 results. Moreover, Fope revealed that EBITDA for the period reached €2.4m (£2.05m), a…
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Jul- 2021 -29 July
Jack Murphy Jewellers raises £1,200 for charity
Jack Murphy Jewellers has revealed that two of its employees raised £1,200 For Pips Hope and Support charity. Employees Rory Murphy and Nuala O’Neill recently took part in a skydive on behalf of the jewellers. The funds raised will enable the development and delivery of this community service during these…
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28 July
De Beers Group sixth cycle diamond sales reach £367m
De Beers Group has announced a provisional value of its rough diamond sale of $510m (£367m) for the period 12 July to 27 July For the sixth sales cycle of 2021. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, the group…
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27 July
Boodles to launch Victoria Leeds site
Boodles, the luxury family-owned jewellers, is set to launch a Victoria Quarter store at Hammerson’s flagship Victoria Leeds shopping area. Due to open later this year, the shop will span 4,500 sq ft, while joining a number of luxury brands at the centre, including Louis Vuitton and Mulberry. The site…
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23 July
Missoma to launch Harris Reed collection in September
Missoma has announced a new upcoming collaboration with designer Harris Reed, launching in September 2021. The collection will showcase Reed’s signature baroque romanticism and gothic edge aligned with the brand’s “cult-status layering aesthetic” across both demi fine and fine collections. Reed said: “Throughout this collaborative process, I was really able…
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22 July
Nour By Jahan expands its Play Collection
Nour By Jahan has announced the latest additions to its Play Collection which showcases a range of gradient coloured sapphires. The new additions are placed to create a “vibrant rainbow wave of technicoloured fun”, with sapphires set along an internal track. Designed to “move freely” on the bangle and ring…
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21 July
De Beers Group forevermark CEO steps down
De Beers Group has announced that Nancy Liu, CEO of the company’s forevermark division, has decided to step down and leave the business. In her place, Céline Assimon, the current CEO of jewellers, will expand her role to lead both jewellery houses. The change will take effect from 5 September…
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20 July
Gembridge raises £368k in funding
Gembridge has announced that it has raised $500,000 (£368,000) from professional investors in a second fully funded round of Convertible Note financing. The funds pave the way for further developments that will enable the group to process up to $1bn (£735m) in transactions each year. This is the second time…
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