Retailers
-
Apr- 2019 -25 April
Online retail sees ‘subdued’ growth in March
Online retail recorded growth of just 5% year-on-year (YoY) in March, compared with 18.9% last year, according to the latest IMRG Capgemini eRetail Sales Index. While still positive growth, the “subdued performance” fell significantly below the three (+7.5%), six (+7.1%) and 12- (+10.2%) month rolling averages. Breaking it down further,…
Read More » -
18 April
UK retail sector bounces back in March
In the three months to March 2019, the quantity bought in retail sales increased by 1.6% compared with the previous quarter in 2018, according to new figures from the ONS. The sales increase has been attributed to “sustained growth” throughout the first three months of the year, and all store…
Read More » -
17 April
Breitling to pull out of Baselworld due to later timing
Luxury watch manufacturer Breitling has announced it will not be attending the Baselworld trade show next year and instead it will focus on its own independent communication format, the Breitling Summit. Breitling said it made the decision due to the later date set for the Swiss-based trade show, which could…
Read More » -
16 April
Springboard predicts Easter weekend footfall to ‘bounce back’
According to retail experts Springboard, Easter weekend UK footfall is forecast to rise by +2.1%, bringing a “sigh of relief” to high streets and retail parks in what has been a challenging year. The forecast expects a “bounce back” over the key trading period from what was a poor Easter…
Read More » -
15 April
Graff unveils ‘world’s largest’ square emerald cut diamond
Multinational jeweller Graff has unveiled the world’s largest square emerald cut diamond, named the Graff Lesedi La Rona. The 302.37 carat gem is the largest highest colour, highest clarity diamond ever certified by the GIA, and according to the group required over 18 months of “meticulous craftsmanship” and marks an…
Read More » -
15 April
Diamond Heaven opens fifth store
Bespoke Jewellers Diamond Heaven has opened its fifth store located at Cardiff’s St. David’s shopping centre. The jewellery brand already has existing showrooms in both Manchester and London’s Hatton Garden, as well as Birmingham’s Jewellery Quarter and Glasgow. Established in 2004, Diamond Heaven provides high end bespoke diamond jewellery including…
Read More » -
11 April
Retail openings slump to lowest levels on record, says PWC
A record net 2,481 stores disappeared from the UK’s top 500 high streets in 2018, according to PwC research compiled by the Local Data Company (LDC). According to the firm, store openings also dropped to nine a day – almost half the levels of five years ago – due to…
Read More » -
10 April
Business confidence ‘crashes’ to lowest point since 2012
Business optimism has “crashed” to its lowest level since September 2012, according to a new report from accountants and business advisors BDO. BDO’s Optimism Index, which shows how businesses expect output to develop in the next three to six months, plummeted to 96.10 in March from 99.79 in February. According…
Read More » -
4 April
Pandora COO exits
Pandora’s chief operations officer (COO) Jeremy Schwartz has resigned from his position at the jewellery retailer. Following a mutual agreement between the chairman of the board of directors and Schwartz, the resignation will take effect as of today (4 April). However, Schwartz will be available as an advisor to incoming…
Read More » -
2 April
Seekd opens pop-up store at Brent Cross
Sustainable jewellery and accessories brand, Seekd, has launched an exclusive spring pop-up at Brent Cross shopping centre. Following the success of its Christmas pop-up, Seekd the new shop will offer a selection of unique products, all of which have been designed by emerging talent with a focus on sustainability, use…
Read More »
