Retailers
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Feb- 2018 -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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15 February
Olivia Burton to open first bricks-and-mortar store
British accessories brand Olivia Burton is set to open its first UK store in the Covent Garden Market Building in May 2018. Originally an online-only retail brand the company will join a host of other jewellery stores at the building owned by Capital & Counties Properties (Capco). Jemma Fennings, co-founding…
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14 February
Harriet Kelsall Bespoke Jewellery expands its portfolio with Primrose Hill shop
Harriet Kelsall Bespoke Jewellery has expanded its portfolio with the opening of a new studio and shop in Primrose Hill, London. The London studio is said to take its cues from a cosmopolitan environment and merges industrial with contemporary design. Conceptualised by Lumsden Design, the space has an ‘urban feel’…
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12 February
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures. New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %). Despite footfall falling…
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9 February
Goldsmiths unveils refurbished Jersey showroom
High street jeweller Goldsmiths has revealed its newly refurbished Jersey showroom, following a £50,000 investment. Located on the island’s capital of St. Helier, the store has been re-opened with a new shop-fit. The showroom itself has been situated on the corner of Queen Street for almost 20 years, and lies…
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