Retailers

Bucherer announces acquisition of Danish jeweller Klarlund

Bucherer has announced the acquisition of Danish jewellery retailer Klarlund. The takeover will come into effect 4 January 2023 with Bucherer taking over two boutiques and the Klarlund service centre. Bucherer hopes that the acquisition will allow it to expand its market share in Denmark. Klarlund was founded in 1947…

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Laings announces £60m turnover in post-pandemic rebound

Retail jeweller Laings has announced a 62% increase in turnover, up to £60m, in its results for the year ended 31 May 2022. The company’s pre-tax profit was £5.4m up from £2.8m in 2021. Its gross margin also rose to 34% from 32.8%. The results were supported by “healthy growth”…

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Goldsmiths upgrades Solihull showroom

Goldsmiths has relocated its Solihull showroom to a new larger location in the Touchwood shopping centre. Goldsmiths’ Solihull features a whole new interior design, and includes Goldsmiths diamond jewellery offering alongside engagement, wedding, and eternity rings, and a large new hospitality area plus a repairs and service lounge. Craig Bolton,…

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So-le Studio opens first flagship store

So-le Studio has opened its first-ever boutique, a flagship store in the heart of Milan located at Via Sant ‘Andrea 10. Over 2800 square metres, it is surrounded by a building with a double loggia dating back to 1600. The flagship store was designed by Fondamenta, a Milan-based architectural practice…

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Astrid & Miyu boosts revenue by 40% with revitalised loyalty programme

Astrid and Miyu has announced a 40% boost to total revenue after revitalising its loyalty programme with data-driven loyalty and engagement platform, LoyaltyLion. It has fifteen stores across London, Bristol, Manchester, Leeds and New York, all offering piercing, welding, jewellery recycling and engraving services as well as contemporary jewellery. This…

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Irish jeweller teams up with Montblanc for Dublin boutique

Irish jeweller Paul Sheeran has teamed up with luxury retailer Montblanc to open a new boutique in Dublin. The store will be Montblanc’s first in Dublin and will allow Paul Sheeran jewellery to be sold alongside Montblanc’s range of leather accessories. Paul Sheeran Jewellers is an Irish, family owned and…

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Pomellato unveils 2022 festive jewellery

Pomellato has unveiled its festive jewellery collection for 2022. It features cabochon gemstones, gold and diamonds with new iconica creations. Among the festive collection includes Iconica Cocktail Rings 2022, fusing traditional jewellery making skills with contemporary Milanese design. Each ring features a large 21-carat oval cabochon of either candy-bright amethyst,…

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Signet Jewelers reports ‘unusually heightened’ Q3 sales

Signet Jewelers, the parent company of Ernest Jones and H Samuel, has announced “unusually heightened” total sales of $1.6bn (£1.3bn) for Q3. This increase of nearly 3% has been attributed partly to government benefit programs and the company’s strategic transformation. The company reported a gaap operating income of $48m (£39m),…

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So-le Studio introduces Lucenova collection

So-le Studio has introduced its latest collection named Lucenova. The jeweller said the collection symbolises a “new light and a fresh start in So-le Studio’s journey”. The pieces are set to be sold not only online on its website but also physically at the brand’s new flagship store, located in…

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Laings unveils new High Jewellery range

Laings has launched a collection bringing an offering of high-end, hand-crafted pieces to its customers, The High Jewellery range. It includes an 18ct white gold handcrafted diamond necklet and bracelet, and a necklet featuring 37 round cut diamonds, set with 37 pear cut diamonds in alternating patterns. The matching bracelet…

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