Retailers
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Jan- 2023 -23 January
Billionaire Bill Ackman takes minority stake in Bremont
Billionaire hedge fund manager Bill Ackman has taken a minority stake in luxury British watch brand Bremont, according to the Financial Times. It comes after he became one of the brand’s customers, and will now provide financial backing as the company plans to bring large-scale watch manufacturing back to the…
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20 January
Beaverbrooks sees record December sales
Jewellery retailer Beaverbrooks has announced record breaking December sales with an 8% increase compared with 2021. The retailer also stated that it saw an 18% increase in sales when only accounting for the last two weeks of the month compared with 2021. Despite the cost of living crisis and rail…
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20 January
No Christmas boost as retail sales volumes fall 1%
Retail sales volumes fell by 1% in December 2022 after a 0.5% fall in November 2022, according to data from the Office for National Statistics (ONS). Alongside this, sales volumes were down 1.7% compared with pre-pandemic levels in February 2020. Non-food store sales volumes also dropped 2.1% over December. ONS…
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18 January
Orelia and Co launches three exclusive Scandinavian brands
Orelia and Co has announced the exclusive launch of three Scandinavian brands, Maanesten, Pico and Sui Ava, for the first time in the UK on its platform. The curator also announced the addition of other brands including London based Bijoux De Mimi, French brand Et Toi and Brighton-born Tegen. Maanesten…
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17 January
Steven Stone unveils special ring collection in honour of Lionesses
Jeweller Steven Stone has created a special collection of rings in honour of the Lionesses European Championship triumph over the summer. Among the collection is a silver and gold plated signet ring that displays the Nike logo, as worn by Leah Williamson on the Graham Norton Show. Each ring is…
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16 January
Engagement ring purchases increased in 2022, Queensmith reports
Jeweller Queensmith has released its 2022 engagement ring report, finding that the average person spent £6,500 on an engagement ring in the year, an increase from previous years. November was the most popular month to purchase an engagement ring last year, while Queensmith also noticed there was a growing trend…
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12 January
VRAI unveils 2023 engagement rings
Vrai has revealed its 2023 selection of engagement rings, made from platinum or 18k solid gold. Among the featured rings include a Graduated Band Round Brilliant 1ct ring, Five Stone Heirloom Emerald Ring (1.5ct), and a Duet Pear Half Pavé Ring (1.5ct). Vrai also allows customers to design their own…
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11 January
Haute Jewels Geneva unveils four new brands for 2023 line-up
Haute Jewels Geneva has announced its return to the Fairmont Grand Hotel Geneva from Sunday 26 March to Sunday 2 April 2023, and will feature four new jewellery brands. The new jewellers set to join the line-up are Pasquale Bruni, Karen Suen, Busatti 1947 and Casato. In addition, all 18…
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10 January
Retail sales rise 6.9% over Christmas
The BRC has reported that sales on a total basis increased by 6.9% in December 2022, compared with the prior increase of 2.1% in December 2021. These figures are said to be above both the three-month average growth of 4.4% and the 12-month average growth of 3.1%. Meanwhile, the UK’s…
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9 January
Timpson rescues In-Time after collapse
Timpson has announced the acquisition of watch and jewellery repairer In-Time, which had collapsed in the days running up to Christmas. As part of the deal, the Manchester-based company has acquired 35 shops and taken on 110 new employees from In-Time. The value of the deal has yet to be…
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