Retailers

Tustains Jewellers set to undergo ‘major refurbishment’

Warwickshire jewellers Tustains has announced plans to triple the size of its showroom as part of a “major investment” planned for the summer. The firm, which has been based in Leamington for more than 120 years, will undergo a significant expansion this year in a move which is expected to…

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boutique.Goldsmiths stocks five new brands

boutique.Goldsmiths has announced it has stocked five new brands as part of its Spring Summer 2016 (SS16) collection. The retailer, which is owned by Aurum Holdings, said jewellery brands Chrysalis, Chlobo, Daisy London, Virtue London and Nordahl were launched across the company’s stores and online nationwide on 21 March. The…

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Signet reports “excellent” full-year results

Jewellery giant Signet Jewelers has reported an “excellent” full year in its latest results for the 52 weeks ending 30 January, 2016. Same-store sales across the year were up 4.1% with annual total sales of $6.55bn (£4.63bn) – an increase on the previous year of 14.2%. The results were boosted…

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F Hinds opens Doncaster store

Jewellery chain F Hinds has opened a new store in Doncaster’s Frenchgate Shopping Centre – its 118th shop in the UK. The store opened on Thursday, 10 March, with Emily Simpkins, full-time professional midfielder for Doncaster Rovers’ Belles Ladies Football Club, cutting the ribbon to its doors. The new shop…

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BUDGET: Business rates relief “doubled permanently”

Business rates relief for small businesses will “more than double” during the next budget period. The Chancellor, George Osborne, announced that he was raising the threshold to £15,000 for the lower rate (up from £6,000) and to £51,000 got the higher band (up from £18,000). He said the measures would mean…

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Retail footfall declines in February

Retail footfall has declined by 1.1% in February compared with the same period last year, according to the British Retail Consortium.  UK Summary Footfall in February was 1.1% down on a year ago, lower than the 1.2% rise seen in January and lower than the three-month average rate of -0.8%.…

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Tunbridge Wells historic jewellers to close its doors

Historic jewellery store in Tunbridge Wells, Payne & Son, is set to close after becoming a ‘victim to the rise in online shopping’. The store, which originally started as Payne & Son (Silversmiths) in Kent in 1790 and then opened an outlet in the town 146 years ago, is being…

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Jersey Pearl sales jump 39% after creative Valentine’s campaign

Jewellery designer and retailer Jersey Pearl has reported a surge in sales over the Valentine’s Day period, following an innovative marketing campaign. The jewellers ‘Share the Love’ campaign, which culminated with an artist-lead window display, lead to a “peak in footfall” and a 39% increase in sales in the week…

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Jewellery sales up 7.8% at Centre:mk

Milton Keynes shopping centre, Centre:mk, has reported a 7.8% increase in jewellery sales in 2015 compared with the previous year. The shopping centre, which is jointly owned Hermes Investment Management and AustralianSuper, includes jewellery retailers such as Beaverbrooks, Goldsmiths, Fraser Hart, H Samuel, Leslie Davis, F Hinds, Ernest Jones and…

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Fraser Hart set to open Colchester store

Jewellery chain Fraser Hart has announced it is set to open a new store in Colchester’s Culver Square shopping centre. The new store is expected to open in April and Fraser Hart, which has 39 other stores across the UK, said it has already started the interview process for the…

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