Retailers
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Dec- 2016 -20 December
Barnsley jewellers ‘forced’ to close in the New Year due to demolition plans
A family-owned jewellery store in Barnsley is set to close its doors in the New Year following plans to demolish parts of the town centre. Some retailers have told the BBC that they have had to close their businesses due to a “lack of council support” in relation to the…
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14 December
Harrods to present one of world’s ‘rarest diamonds’
Luxury department store Harrods has unveiled what it claims is one of the world’s rarest diamonds. The 228.31-carat gem is referred by its owner – who chose to remain anonymous – as the ‘Harrods Diamond’ and has been kept secret in the Knightsbridge store’s safe deposit until now. The pear-shaped…
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14 December
Winsor Bishop eyes expansion with opening of new Cambridge store
Independent jewellery retailer Winsor Bishop has expanded its portfolio with the opening of its new store in Cambridge. The company’s second store – located on the city’s Trinity Street – cost £1m to set up, including a full refurbishment and the connection of two stores internally. It also includes a…
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13 December
Goldsmiths launch Rolex lounge at Liverpool One store
Jewellery retail chain Goldsmiths has announced the opening of a Rolex lounge at its showroom in Liverpool’s shopping complex, Liverpool One. The recently re-designed store on Paradise Street has undergone a refurbishment, temporarily closing and reopening in November. This was ahead of the new Rolex room, which has now opened…
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12 December
Beaverbrooks posts strong full-year financial results
Beaverbrooks has posted strong full-year results, which saw operating profit before distribution and tax rise to £15.2m – up from £14.3m the previous year. During the 52 weeks ending 27 February 2016, the jewellery chain’s annual report and financial statements published on Companies House showed a 5% increase in turnover…
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2 December
Allum & Sidaway opens Salisbury flagship store
Jewellery retailer Allum & Sidaway has opened a new flagship store in Salisbury city centre. Having been in Salisbury for over 40 years, Allum & Sidaway’s new store is located in a grade II-listed building and spread across two floors. Across two floors, it will showcase fine jewellery, a brand…
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Nov- 2016 -29 November
Chisholm Hunter to open £8m jewellery store in Edinburgh
Luxury jeweller and diamond specialist Chisholm Hunter is set to open a new £8m jewellery store on Edinburgh’s Princes Street in early December. The premises will have approximately 10,000 square foot of retail space spread across three floors and will include a champagne bar and designated Swiss timepiece room, as…
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23 November
Signet’s UK division reports strong third quarter
Signet Jeweler’s UK division, which owns H Samuel and Ernest Jones, reported a 3.6% increase in same-store sales in the third quarter of its 2016 financial year. Despite a 3.3% fall in the number of transactions due primarily to lower sales in fashion watches, the 13 weeks ending 29 October…
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16 November
High street struggles to ‘meet demand of time-poor and tech-savvy customers’
High street retailers are struggling to meet the demand of time-poor and tech-savvy customers, according to a new study new research from Barclaycard. The survey of 2,000 UK adults found increasingly busy and technology-savvy shoppers cite lack of time as a primary reason for buying online more often (32%), with…
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15 November
Jeweller’s carpet worth thousands after collecting gold flecks for 15 years
A jewellers worn-out carpet is set to be valued at thousands of pounds after gathering specks of gold dust and and platinum for the past 15 years. Aurum of Jersey, in St Helier, Jersey, has decided to replace its workshop carpet, which will be sent to a bullion merchants and…
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