Retailers
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Oct- 2019 -18 October
Links of London slashes 38 head office roles amid administration
The joint administrators of Links of London have announced 38 redundancies at its head office in Victoria, London. It comes after the British jewellery brand entered administration earlier this month (8 October), placing around 350 jobs at risk. It currently operates 28 standalone stores across the UK and Ireland and…
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18 October
Retail footfall plummets as autumn begins
Footfall in non-food stores fell by 9.9% year-on-year in September, according to the Retail Traffic Index published by Ipsos Retail Performance. Compared with August, the average weekly footfall in the month fell by -7.3%. Additionally, the number of shoppers visiting the high street in London and the south east continued…
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17 October
JewelStreet to launch Covent Garden pop-up
Online marketplace for independent handcrafted jewellery, JewelStreet, is to launch a jewellery pop-up shop in Covent Garden, London, to celebrate International Jewellery Designer Day from 19 October to 21 October. The pop-up will feature handcrafted jewellery from 30 independent designers, live demonstrations of jewellery making will also be taking place…
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9 October
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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8 October
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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7 October
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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4 October
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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3 October
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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Sep- 2019 -30 September
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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19 September
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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