Retailers
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Dec- 2020 -22 December
David M Robinson pledges youth charity support
David M Robinson has pledged to support Manchester’s HideOut Youth Zone charity for the next four years. The jewellery and watch retailer said it was inspired to support HideOut Youth Zone after learning more about the charity’s aims and ambitions to support thousands of young Mancunians. David M Robinson, which…
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21 December
RJC sets out ten year plan for SDG
The Responsible Jewellery Council (RJC) has launched ‘The Roadmap to 2030 and Beyond’ to help the organisation realise its sustainable development goals (SDG). The Roadmap to 2030 and Beyond will reportedly set out a clear pathway for the RJC and its members as well as find candidates for the SDG…
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18 December
Watches of Switzerland launches virtual boutique
Watches of Switzerland has announced that it will be using the Vee24 platform to create a ‘virtual boutique’ for customers seeking guidance and inspiration while shopping for luxury watch brands. The group said that following a surge in online sales since May 2020, it has “raised the bar” in how…
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17 December
De Beers Group hits $440m in tenth sales cycle
De Beers Group has announced the value of rough diamond sales for the period 7 December to 16 December the tenth sales cycle of 2020 to be $440m (£323m), up from $426m (£313m) the year before. Despite the restrictions imposed by Covid-19during the period, De Beers said it has continued…
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17 December
Watches of Switzerland profits soar in half-year results
Watches of Switzerland has reported an increase in its half-year profits, with profit rising to £36.2m in the 26 weeks ended 25 October, up from a £9m loss reported the prior year. Total sales fell 2.6% on a constant currency basis to £428.7m in light of forced lockdowns and other…
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15 December
Betts Group adopts SMO gold manufacturing
Betts Group has marked its 260th anniversary by announcing the use of responsibly sourced gold in all of its manufactured gold products. The group has revealed that it will now be using ‘Single Mine Origin’ (SMO) gold to manufacture all of its gold products. The company first began offering SMO…
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11 December
Vincero Watches sees 120% UK revenue surge
Vincero Watches has announced a surge in its international growth with a 120% increase in revenue in the UK. The group saw international revenue increase by 87% in the Netherlands and 44% in Australia as well as an international conversion rate growth by 31% year-on-year. The watchmaker also announced it…
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8 December
Watches of Switzerland opens Knightsbridge Showroom
Watches of Switzerland Group has announced the opening of its Knightsbridge flagship, which features a new 1,377 sq. ft Rolex showroom. The original flagship opened back in 2016 and was part of the brand’s ‘golden triangle’ retail offering, along with its Oxford Street and Regent Street showrooms. The new showroom…
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8 December
Vashi to open new flagship store in London
Bespoke jewellery brand Vashi has announced that its new flagship store, located on the corner of London’s Covent Garden Piazza and James Street, will be opening in spring 2021. The new store spans across 4,476 square feet onto two floors, making it the seventh and largest store for the brand.…
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3 December
Watches of Switzerland opens Liverpool Street showroom
Watches of Switzerland has opened a new showroom in London’s east end. The group has chosen 100 Liverpool Street, Broadgate to open the latest Watches of Switzerland showroom, near where the company first began trading on Ludgate Hill in 1924. The showroom opened it doors yesterday (2 December) and the…
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