Retailers
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May- 2014 -15 May
Birmingham jeweller fined £25,000 for breach of Hallmarking Act
A Birmingham jeweller was sentenced to eight months’ imprisonment earlier this week, suspended for 18 months, and ordered to pay a total of £25,000 after pleading guilty to 17 offences, under the Hallmarking Act 1973. Amjad Mahmood Yousif, trading as Crown Jewellers at 39 Formans Road, Sparkhill, was ordered to…
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9 May
Theo Fennell showcases unique tanzanite necklace
Theo Fennell has announced its latest creation, a one of a kind 18 carat white gold suite, featuring a unique necklace and matching earrings. The necklace showcases an extremely rare heart-shaped 12.47 carat tanzanite, which has an unusual ‘Meru’ blue hue named after Mount Meru – the volcano in Tanzania…
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Apr- 2014 -28 April
UK economic outlook ‘exceptionally strong’, says CBI
The CBI has announced that the economic outlook for the next three months is “exceptionally strong and broad-based”, and growth expectations are the strongest they have been since the body began recording data in 2003. Pointing specifically to the retail and service sectors, the CBI’s Growth Indicator, published today, said…
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28 April
March retail sales jump 4.2%, says ONS
Overage retail sales across the UK rose by 4.2 per cent in March compared with the same period in 2013, and by a more modest 0.1 per cent compared with February 2014, according to the latest figures from the Office of National Statistics (ONS). Highlights from ONS report: In March…
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17 April
Albemarle & Bond saved by private equity acquisition
Administrators at troubled pawnbroking firm Albemarle & Bond have announced that the business has been successfully sold to a private equity house, bringing it out of administration. In a joint statement, A&B and Promethean Investments revealed that financial services veteran Stephen Plowman will be appointed CEO with a mandate to…
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14 April
INTERVIEW: Jesper Nielsen of Endless Jewellery
[blockquote style=”2″]The founder and former CEO of Pandora gives Michael Northcott a candid interview on his career there, and why he is confident that his new venture, Endless Jewellery, will be bigger and better.[/blockquote] Can you give us a potted history of your career? I started in the jewellery industry…
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9 April
JewelStreet seeks £100k investment through crowdfunding
The online-only startup jewellery retailer, JewelStreet, has launched a round of ‘crowdfunding’ in an attempt to raise £100,000 of investment capital. Crowdfunding is a way of young companies attracting investment from the general public via an online platform, normally with only small amounts of cash required, but with no equity…
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7 April
BRC welcomes European Parliament vote on card payment fees
The British Retail Consortium (BRC) has welcomed a vote by MEPs for an overhaul of the European payments market, which could include introducing a cap on bank fees charged to retailers for card payments. It is thought that the caps could be set at 0.2 per cent and 0.3 per…
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4 April
One4all to expand presence in Northern Ireland
One4all, the multi-store gift card available from the Post Office, has announced plans to expand its presence amongst independent retailers in Northern Ireland.One4all currently sells £43 million worth of gift cards in Northern Ireland each year, with an average cash value of £26 per card. The are supported as gifts…
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2 April
Domino and Piggotts to star in Don’t Tell the Bride
Piggott’s the Jewellers of St. Ives will appear on BBC 3 series ‘Don’t Tell the Bride’ after a soon-to-be groom purchased wedding bands by Domino during filming. The Cambridgeshire based store received a call from film crew who arrived as scheduled at 11.00am, the show’s star then set upon purchasing…
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