Retailers
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Aug- 2016 -19 August
Apprentices ‘can earn 270% more’ than graduates, says Barclays
Apprentices can earn 270% more over their lifetime than university graduates, according to new research from Barclays and the Centre for Economics and Business Research (CEBR). The report – Productivity and Lifetime Earnings of Apprentices and Graduates – says the average gap in lifetime earnings potential between apprentices and graduates…
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16 August
H&T Pawnbrokers’ first half profits soar 42.3%
The UK’s largest pawnbroking group, H&T, has revealed a jump in profits in the first half of the year, despite “challenging trading conditions”. In its unaudited trading update for the six months ending 30 June 2016, the company reported profit before tax of £3.7m – up 42.3% compared with the…
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Jul- 2016 -25 July
Historic Borough Green jewellers to close after 40 years
A jewellery store in Borough Green – part of the Tonbridge and Malling district of Kent – is to close at the end of the month after 40 years in business. The Jewellers, previously known as J.C. Gourbould, in Station Road was known for providing bespoke, repairs, alteration and remodelling…
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21 July
Mappin & Webb launches in independent Newcastle jewellers
Reid & Sons, an historic independent jewellers in Newcastle, has announced the launch of Mappin & Webb in-store. Established in 1778 by Christian Ker Reid, Reid & Sons has previously worked with the royal family, Admiralty and the Indian government, while Mappin & Webb has been a Royal Warrant holder…
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18 July
Argos to sell Fairtrade wedding bands
Argos has become one of the first major high street brands to sell Fairtrade gold wedding bands, which it will offer across stores nationwide. The new line of wedding bands will be available in four different styles and went on sale on Saturday, 16 July. A number of additional styles…
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Jun- 2016 -20 June
Mappin & Webb name Gabriella Wilde as first brand ambassador
Luxury retailer Mappin & Webb has announced British actress Gabriella Wilde as the brand ambassador for its new Forever Since 1775 campaign. The company said the new campaign featuring Wilde draws inspiration from British romance and highlights Mappin & Webb’s “deep-rooted heritage and unwavering royal connections”. The Forever Since 1775…
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13 June
Watches of Switzerland set to open new Knightsbridge store
Watches of Switzerland is set to complete what it calls a ‘golden triangle’ of London stores with the opening of its new Knightsbridge store later this month. The three-storey showroom will open on Brompton Road on 27 June and will feature the UK’s largest Patek Philippe in-store boutique, a rolex…
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1 June
Pressure mounts on retailers as shop prices continue to fall
Overall shop prices reported deflation of 1.8% in May from the 1.7% decline in April, according to the latest British Retail Consortium (BRC) and Nielsen Shop Price Index. Non-food deflation slowed to 2.7% from 2.9% in April, which is in line with the 12-month average, while food prices moved back…
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May- 2016 -27 May
Signet Jewelers reports record first quarter earnings
Signet Jewelers, the parent company of UK-based H Samuel and Ernest Jones, has reported record earning for the first quarter of the year. For the 13 weeks ending April 30, 2016, the company reported diluted earnings per share grew 26.4%. Same-store sales for the retail conglomerate were up 2.4% with…
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19 May
Mappin & Webb to rebrand following “significant investment”
Fine jewellery retailer Mappin & Webb is set to undergo a re-brand this summer following “significant” investment from parent group Aurum Holdings. The 240-year-old brand will re-launch in June, with a high-profile marketing campaign, new-look stores and a highlighted product range to highlight its positioning to a broader and younger…
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