Retailers

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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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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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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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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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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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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F Hinds family members cut ribbon on relocated Bracknell store

Two members of the family that owns F Hinds, Roy and Eric, have cut the ribbon to celebrate the opening of the company’s brand new store in Charles Square, Bracknell. In the spirit of history and re-enactment, they were both back in Bracknell to repeat the ceremony that officially opened…

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Exclusive Fabergé exhibition planned for Harrods window display

World-famous London department store, Harrods, has collaborated with jeweller Fabergé this Easter to create a Fabergé salon and exhibition space in the store. The famed Brompton Road window and façade will be dressed in Fabergé flags and the partnership will celebrate the ‘art of gifting’. The displays will “showcase the…

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Three-month retail sales growth ‘in line’ at 2.8%, says BRC

The three-month average growth in retail sales to the end of February was 2.8 per cent, according to the latest figures from the British Retail Consortium (BRC). These figures mean the three-month period was in line with the 12-month trend, which now sits at 2.7 per cent growth. However, on…

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Pandora acquires Middle East distribution rights

Jewellery wholesaler and retailer Pandora has announced that it has acquired Pan ME A/S, a firm which held the distribution rights to Pandora jewellery in UAE, Bahrain, Qatar and Oman. The acquisition gives Pandora the flexibility to enter markets in the Middle East directly, and means the firm will acquire…

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