Retailers
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Dec- 2015 -7 December
Gang jailed for 51 years over £1m of watch thefts
An organised gang of criminals from Estonia who flew into the UK in order to steal more than £1 million pounds worth of watches have been jailed for 51 years. Taimar Uibopuu, 30, from Estonia was found guilty of conspiracy to commit robbery and sentenced to 15 years’ imprisonment; Alar Kalyurand, 43, from…
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7 December
Goldsmiths WestQuay to reopen after £1m refurbishment
Goldsmiths WestQuay in Southampton is to reopen this week after an extensive £1m refurbishment. The high street jeweller has carried out a ‘luxury refit’ and also introduced a brand-new ’boutique.Goldsmiths’ iteration. The premises will be open to the public on 10 December. The refurbished Goldsmiths store will feature dedicated Omega, Breitling,…
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Nov- 2015 -25 November
Signet Jewelers sales up 3.3% in Q3
Jewellery retail giant Signet Jewelers has reported a 3.3% increase in same-store sales in its third quarter financial results. The group – parent company of H Samuel and Ernest Jones – reported that total sales were also up 3.3% for the 13 weeks ending 31 October, 2015, to $1.216bn (£805m)…
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25 November
Ernest Jones to open at London Designer Outlet
Ernest Jones, the diamond jewellery and watch retailer, is set to open a new store at London’s only outlet centre, London Designer Outlet (LDO). The retailer – owned by the Signet Jewelers group and was established in 1949 – will unveil its 1,786 sq ft outlet store at LDO in…
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25 November
Houlden launches ‘Jewellers of Excellence’
The Houlden Group has announced the launch of a new consortium for elite independent jewellers. ‘Jewellers of Excellence’ is the first such organisation to offer consumers the finest selection of jewellery, diamonds, and an internationally renowned collection of high-quality watches. The Houlden Group said that the consortium represents the “ultimate…
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12 November
Beaverbrooks opens newly refurbished Basingstoke store
Jewellery chain Beaverbrooks opened its new refurbished Beaverbrooks store yesterday, as part of the company’s initiative to invest in local towns and refresh existing stores. The new-look 2,120 sq ft store is located in Festival Place Shopping Centre and was unveiled to the public on Wednesday 11 November at 10am.…
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10 November
‘Lethal combination’ for UK retailers, says Tesco boss
The chief executive of Tesco, Dave Lewis, has warned that the UK retail sector is facing a “lethal cocktail” of rising costs. Speaking at the CBI’s annual conference, Lewis said rising business rates and the National Living Wage (introduced by George Osborne earlier this year) mean retailers will face an…
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9 November
Britain’s shop vacancy rate falls to its lowest level since June 2010
The number of vacant shops in Britain stayed the same in October when compared with September, a month in which vacant shops fell to their lowest level since April 2010. That is according to the latest figures from the Local Data Company (LDC) which found that shop vacancy in October…
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4 November
Pre-tax profits up 29.6% for Chisholm Hunter
Scottish jeweller Chisholm Hunter has reported a rise in pre-tax profits of 29.6%, according to its latest financial update. In its full-year financial update ending March 2015, Chisholm Hunter reported that pre-tax profits rose from £2.7m in the previous year to £3.5m in 2015. Revenue stood at £29.6m during the…
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Oct- 2015 -22 October
North West jeweller opens London store
Steven Stone, an independent jeweller located in Hale, Cheshire, has opened a new store in London’s Marleybone. Opening on St Christopher’s Place, the design of the store is sleek and modern and was overseen by the third generation of the family, Zack Stone. Stone said: “In recent years our business…
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