Retailers
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Mar- 2018 -23 March
Retail sales see first increase in two months
Retail sales increased by 0.8% in February this year compared with the previous month, with increases seen across all main sectors except non-food stores. The latest data from the Office for National Statistics (ONS) showed the first uptick after two monthly declines in December and January, resulting in an overall…
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21 March
H. Samuel remains ‘most visible’ jewellery brand online
Despite a 7% decrease in their visibility over the past year, H. Samuel remains top of their market, a new report has revealed. The Jewellery Retailers Insight Report, produced by digital marketing specialists Inside Online, ranks 45 of the leading websites within this competitive market according to their online performance.…
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19 March
Lustrous Jewellery presents new Rainbow Collection
Pearl Jewellery brand Lustrous has presented its new ‘Rainbow Collection’, in time for the upcoming Pearl Month in June. The Rainbow Collection includes a variety of baroque pearl pieces in a rainbow of colours sure to delight any pearl jewellery lovers. Formed of characteristic irregular looks, each item in the…
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15 March
Signet Jewelers reports ‘challenging’ fiscal year
Signet Jewelers has posted its fourth quarter and fiscal 2018 results, which showed same store sales declined by 5.2% in the fourth quarter and declined overall by 5.3% for the full fiscal year. The groups said it aims to implement its ‘Signet Path to Brilliance’ transformation strategy, in order to…
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15 March
Richemont’s Yoox Net-a-Porter acquisition approved by Italian regulator
Italian market watchdog Consob has given the green light for Richemont’s takeover of luxury online retailer Yoox Net-A-Porter (YNAP). Swiss-based Richemont, which owns brands such as Cartier, Montblanc and Dunhill London, already has a stake in the YNAP Group, but in January made a public tender offer to buy the…
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14 March
Research shows Brexit doesn’t mean exit for international retailers in London
Research from real estate advisor, Colliers International, reveals that in the face economic uncertainty due to Brexit, Central London still remains a prime destination for international brands. Colliers found over 50% of stores on core shopping streets are international brands and 30 new retailers have arrived in the last year…
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13 March
Study finds independent retail and leisure outlet growth is soaring
As multiple stores like New Look, Maplin and Toys ‘R’ Us close, a study by OnBuy.com has found that this has led to a rapid increase in the number of independent retailers. The study from the online retailer considered where multiple stores have declined in comparison to areas independent stores…
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12 March
Justine Cullen launches new luxury fine jewellery collection ‘Midnight’
British-based jewellery designer, Justine Cullen has launched a new luxury fine jewellery collection at a private reception at the Hoxton Hotel in celebration of London Fashion Week. The new collection called ‘Midnight’ was modelled by actress Nancy Sorrell, famous for brands such as Anne Summers, Next and TV series including…
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12 March
Retail footfall drops in February
Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen the previous year. According to the British Retail Consortium (BRC) this figure is better than the three-month average of -2.0% and the twelve-month average of -0.7%. However, Greater London and…
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8 March
Violent crime against retail staff doubles
There has been in ‘concerning spike’ in the number of violent incidents against retail staff, according to a survey by British Retail Consortium (BRC). The trade body’s Retail Crime Survey found the rate of incidents of violence with injury has doubled since the previous year to six per 1,000 members…
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