Retailers

Beaverbrooks profits surge 117% to £35.3m

Beaverbrooks has announced “record breaking” sales as its group operating profit surged 117% year-on-year from £16.3m to £35.3m in FY22, with turnover rising 64.4% year-on-year and 41.3% compared to its most profitable centenary year in 2019-2020. The family-owned national jewellery and watch retailer also saw a gross profit margin of…

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Leigh-on-Sea based Jeweller nominated for Entrepreneur Award

Leigh-On-Sea-based Jewellery business Inscripture founder Hayley Sturniolo has been named as a finalist in the Great British Entrepreneur Awards. The Great British Entrepreneur Awards, in partnership with Starling Bank, acknowledges and champions the hard work and uplifting stories of business owners across the UK, with an emphasis on their journey…

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Retail accounts for 10% of UK administrations in 2022, study finds

The retail sector accounted for 10% of administrations in the first six months of the year – the third highest industry in the UK – according to analysis by full-service law firm Shakespeare Martineau. It found more than 620 businesses, 62 of which came from the retail industry, filed for…

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Boodles to host exhibition showcasing 225-year story

Boodles is set to host an exhibition at the Lady Lever Art Gallery from 22 October to 5 March 2023, to showcase the jewellery brand’s 225-year story and show how Liverpool has helped shape the company’s growth. The exhibition will feature examples of work by 19th century Liverpool jewellery makers…

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Retail sales fall in June despite Platinum Jubilee celebrations

Retail sales dropped by 0.1% in June 2022 following a fall of 0.8% in May 2022 despite the Queen’s Platinum Jubilee boost, according to data from the Office of National Statistics (ONS).  The data, which covers 29 May to 2 July 2022, revealed that sales volumes were 2.2% above its…

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Get-Diamonds launches virtual ‘try-on’ tool

Get-Diamonds has launched an augmented reality (AR) tool, ‘Virtual Hand’, that enables users to virtually try-on a variety of diamond rings in different sizes, cuts, and settings, using computerised imaging. Virtual Hand is intended for use by retailers as a service for their customers, and the first stage of the…

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Hallmarking rises 14.6% in June but Gold sees drop

The total number of pieces hallmarked in June 2022 rose 14.6% when compared with June 2021, according to the latest figures from the Birmingham Assay Office. Some 770,358 pieces were hallmarked, compared with 672,021 pieces over the same period in 2021. Silver hallmarked pieces saw the only increase, rising 39.3%…

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Constantin Wild celebrates 175th anniversary with charity auction

Jeweller Constantin Wild has celebrated its 175th anniversary with a charity auction of a new piece, Tears of Hope. The piece of jewellery, designed by Caterina Murino, is a unique gold brooch which also can be worn as a pendant featuring a 4.58-carat Brazilian rubellite and a small diamond, and…

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Lark & Berry launches summer 2022 piercings range

Lark and Berry has launched its 14K gold piercing range, Ear Envy, for summer 2022, comprising coloured gemstones and earrings in choices of white diamonds, white gold and yellow gold. The collection comprises a ‘Trio Stone Crawler’ earring in white gold which includes a trio of coloured stones, a ‘Lightning…

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Dimexon launches first ESG report

Ethical diamond supplier Dimexon has announced the launch of its first Environmental, Social and Governance (ESG) report – “Diamonds with Purpose”. The report aims to highlight ESG achievements over the years and to set new sustainability and ethical goals for 2023, 2025 and 2030. Among its aims include 100% traceability…

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