Retailers

Links of London enters administration placing 350 jobs at risk

British jewellery brand Links of London has entered administration, placing around 350 jobs at risk.  Matt Smith and Dan Smith, restructuring partners at Deloitte, have been appointed as joint administrators to the company. The brand is owned by the Greek Folli Follie Group, with headquarters in London, and sells luxury…

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Ingle & Rhode crowdfunds as demand for ethical Jewellery booms

Ethical fine jeweller, Ingle and Rhode launched a crowdfunding campaign earlier this week to help cater for the high demand of ethical wedding bands and wedding rings from millenials. Launched on Seedrs, the funding round has a minimum target of £150,000, representing 4.6% of the business.  The investment will be…

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Chrono24 attracts €43m investment to help fuel growth

The investment comes from new York-based Insight Partners and unnamed Asian finance funds that have made substantial co-investments. Founder and co-CEO Tim Stracke said he is “looking forward to an exciting future”. He said: “Continuous growth without taking major losses has always been an essential component of our growth strategy.…

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Facets PR goes into liquidation owing £190,000

The jewellery industry public relations firm Facets PR, set up by former Retail Jeweller editor Sarah Carpin, has gone into voluntary liquidation owing almost £190,000. A Statement of Affairs published on Companies House showed Facets Communications Limited – the company’s legal name – had appointed a voluntary liquidator, affirming speculation…

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Muru to help raise money for Mind with Positivity Collection

This autumn, Muru Jewellery is donating 10% of sales from its Positivity Collection to the mental health charity Mind, to help raise awareness and funds for mental health issues. The collaboration launches on Thursday 10 October to coincide with World Mental Health Day and will raise funds to help give…

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Avi-8 Watches launches new Hawker Harrier ‘Ace of Spades’ timepiece

Watch brand Avi-8 Watches has launched its new Hawker Harrier ‘Ace of Spades’ timepiece, which takes inspiration from the US squadron who flew the Hawker Harrier 2 aircraft which launched in the 1990s. According to the group, each part of the ‘Ace of Spades’ watch has been carefully designed in…

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Beaverbrooks launches £100,000 diamond advent calendar

UK jeweller Beaverbrooks has launched a world-first £100,000 diamond advent calendar. Beaverbrooks the Jewellers has launched the brand new advent calendar, which features a luxurious diamond gift within each of its 25 drawers, in celebration of its 100th birthday this year. The first-of-its-kind, new and exclusive ladies advent calendar will…

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A&B Pawnbrokers and Herbert Brown shutters UK stores

Albemarle & Bond Pawnbrokers (A&B Pawnbrokers) and Herbert Brown have shuttered stores across the country, in a sudden move that has left customers in the dark over the whereabouts of items pawned with the businesses. In a statement on its website, the pawnbrokers apologised for “any inconvenience that may be…

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Labour pledges £10 minimum wage for all workers over 16

Jeremy Corbyn has pledged a £10 an hour minimum wage for all workers over 16 if his party is elected to government. In a speech delivered to the Trades Union Congress (TUC) in Brighton, Corbyn said Labour would also deliver action on the gender pay gap, equal rights for all…

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Q&A: Michael Aldridge on the CMJ’s latest accounts

The Company of Master Jewellers has undergone some key changes in the last couple of years, refocusing the business on its core purpose – a buying group for independent high street jewellers. Michael Northcott caught up with chairman Michael Aldridge in the wake the the CMJ’s new accounts being published…

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