Retailers
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Aug- 2018 -22 August
V by Laura Vann to be stocked at Harvey Nichols with new collection
V by Laura Vann is to debut its new collection by featuring it in selected Harvey Nichols stores. The new collection named the ‘Treasures Collection’ is a catalogue of oceanic jewellery inspired by Vancouver’s Art-Deco Marine building. The brand is teaming up with stockist Harvey Nichols to debut Treasures at…
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21 August
Online retail spending stutters after England World Cup exit
UK online retail sales slipped to their lowest year-on-year (YoY) growth in 2018 so in July, as consumer spending “slumped” in the weeks following the end of World Cup. According to the latest IMRG Capgemini e-Retail Sales Index, online sales increased by just 10% (YoY) in July, below the three,…
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17 August
Online sales and discounts help to boost retail sales
UK retail sales outperformed predictions with an increase of 0.7% in July, recent statistics from the Office for National Statistics (ONS) show. This signified a recovery from the previous month, which saw a 0.5% decrease in the quantity of items purchased. When compared with the same month last year, the…
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14 August
Pawnbrokers H&T Group sees revenues and profits jump in H1 2018
Pawnbroking firm H&T Group has reported it continued to achieve profit growth and revenue growth from all of its core revenue streams in the first half of 2018. The pawnbroker that deals with watch brands such as Rolex, Tag Heuer and Breitling saw its profit before tax in the six…
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13 August
Retail footfall down 0.8%, shopping centres continue to suffer
Retail footfall fell by 0.8% in July when compared to the same time last year, despite the high street again seeing a slight rise. The figures from the British Retail Consortium (BRC) and Springboard show that high street footfall increased by 0.3% which was the third consecutive month of growth.…
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8 August
Study finds diamonds are still the favoured gem among female Brits
Research shows diamonds are still the favoured gem for female Brits with tanzanite coming in second according to UK online jewellers Gemporia. The research was conducted amongst 1,866 women across the UK, aged between 18-80, and revealed that nearly a quarter (22%) of respondents chose diamond as their top gem,…
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7 August
Laings flagship Glasgow store unveils renovations
Luxury jewellers, Laings has unveiled the results of its recently renovated flagship store in Glasgow. Laings currently has seven stores in Glasgow, Edinburgh, Cardiff and Southampton.The Glasgow store is located at the Argyll Arcade which is also home to over 30 jewellers. Laings said the renovation, which will help it…
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6 August
Footfall drops in July as customers avoid high street in heatwave
The heatwave drew customers away from the high street in July, as footfall fell by 10.8% compared with the same month in 2017. According to the Ipsos Retail Traffic Index, footfall was down in all regions compared with July 2017 with Scotland and Northern Ireland seeing 6.5% less shoppers on…
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2 August
Over half of UK businesses braced for revenue drop due to Brexit
Over half of UK businesses believe Brexit will trigger a drop in revenue in 2019 according to new research by business intelligence and analytics solutions provider, MHR Analytics. The findings were published in the firm’s new report ‘Business Insight: The Data Surge’ which contains detailed polling of 200 senior decision-makers…
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1 August
Men in retail more likely to be scrutinised for appearance at work
Men who work in retail jobs are more likely to be scrutinised for their appearance than women, according to new data. Research from job search website CV-Library found 21.4% of retail employees have to follow gender-specific rules at work, despite 61.9% agreeing that these rules are sexist. The study of…
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