Retailers
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Feb- 2018 -28 February
High street banks urged to continue taking in old £10 notes to ‘save’ retailers
Retailers are continuing to hand out old £10 notes despite them ceasing to be legal tender on 1 March 2018. However, the Bank of England has not asked shops to stop giving them as change, which could cause issues as £2bn effectively becomes unspendable. The British Retail Consortium said: “It…
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26 February
90% of small firms not prepared for new data regulation, new research shows
Over a third of small businesses have not yet started preparing for the introduction of the General Data Protection Regulations (GDPR), according to the Federation of Small Businesses (FSB). A further third (35%) are only in the early stages of preparation, claims the new research published today. Only 8% of…
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26 February
Beaverbrooks named one of best companies to work for in 2018
Beaverbrooks the jewellers has risen up 15 places to number 11 in ‘The Sunday Times 100 Best Companies to Work For 2018’ and is the highest ranked retailer. The family owned company, which is celebrating its 100th birthday next year, has featured in the prestigious list for 15 consecutive years…
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21 February
Elliot Brown releases new neon watch strap collection
Watch brand Elliot Brown has released a new collection of neon straps as its looks ahead to spring. The Poole-based watch specialists have combined their passion for making durable, weather-proof watches with a variety of vibrant new colours. Made from EPDM rubber, the new straps are hypoallergenic and are not…
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20 February
Signet CEO responds to Human Rights Watch criticisms
The CEO of Signet Jewellers has responded to criticisms levied against the company and the jewellery industry on the whole in an open letter. Virginia Drosos’s response came after a Human Rights Watch (HRW) report rated the company’s policies towards responsible sourcing as ‘moderate’. In the letter Drosos labels criticisms…
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20 February
Breitling launches new Navitimer 8 Collection
At a red-carpet event at Zurich’s Hallenstadion, the Swiss watch brand, Breitling, celebrated the debut of its new Navitimer 8 collection. Around 600 guests from the worlds of business, culture, and entertainment, as well as international media and opinion leaders, were welcomed by Breitling’s new global CEO, Georges Kern, who…
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20 February
UK female recruitment still in the “dark ages”
According to the Equality and Human Rights Commission (EHRC) new statistics have revealed British employers are “living in the dark ages” and have “worrying attitudes” towards recruiting women. The survey of 1,106 senior decision makers in businesses revealed around a third (36%) of private sector employers agreed that it is…
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16 February
Hunt begins for diamond tycoon Nirav Modi over $1.8bn fraud case
Indian jewellery billionaire Nirav Modi has been accused of ‘cheating’ state-owned Punjab National Bank (PNB) out of nearly $1.8bn (£1.2bn). According to reports he is alleged to have worked with bank employees to obtain huge unsecured loans over a seven-year period, according to a complaint filed by PNB. The borrowed…
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16 February
Goldsmiths partners with TAG Heuer for one of a kind design
Luxury high street jeweller Goldsmiths has joined forces with Swiss watch brand TAG Heuer to design a unique watch limited to only 250 units. The ‘Exclusive for Goldsmiths’ TAG Heuer Aquaracer will go on on sale at £1,900, and the design is a product of the first exclusive collaboration between…
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15 February
Jeweller reports trilogy engagement ring sales have tripled
Online jewellery retailer The Diamond Store has reported a marked increase in sales of Meghan Markle-inspired three-stone engagement rings for Valentine’s Day. According to the luxury online jeweller, the three-stone diamond ring trend has skyrocketed since Prince Harry announced his engagement to Meghan Markle on 27 November. Since that…
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