Retailers
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Mar- 2022 -16 March
Fabergé expands Heritage Collection with new locket
Fabergé has revealed it has expanded its Heritage collection with the launch of a new locket in honour of National Panda Day. The panda locket is crafted from 18k yellow gold, coated in black and white lacquer and features black diamond eyes and golden paw prints. Sitting on a green…
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16 March
Retail sales monitor shows ‘cause for optimism’, Bira says
The British Independent Retailers Association (Bira) has said there is “cause for optimism” after the recent BRC-KPMG retail sales monitor for February 2022 which revealed that UK retail sales increased 2.7% on a Like-for-like basis from February 2021. According to the BRC the performance comes on top of an improved…
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15 March
F.Hinds launches new Chapelle store in West Midlands Designer Outlet
F.Hinds has announced the opening of its new Chapelle store in the new West Midlands Designer Outlet in Cannock, bringing Chapelle’s portfolio up to 13 stores. The store is fitted with “modern” furnishings and reportedly offers savings of at least 30% off RRP. Chapelle stocks a range of diamonds, jewellery…
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14 March
Hallmarking surges 127% in February
The total number of hallmarked pieces climbed 127.3% to 852,725 February 2022, up from 375,183 for the same period in 2021. According to the Birmingham Assay Office, Gold hallmarked pieces increased 72.8% to 304,854, against last year’s 176, 420. Silver saw the largest increase in hallmarked pieces, jumping 180.8% year-on-year.…
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14 March
H. Samuel owner donates £766k to Red Cross Ukraine
Signet Jewelers Limited, the owner of H .Samuels, has announced the foundation will donate £766k to the Red Cross Ukraine humanitarian relief efforts, through its global network. Signet has also suspended business interaction with Russian-owned entities since the beginning of the invasion, in unity with all those in the world…
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11 March
Christies Jewel’s online auction tops £2m
Christie’s Jewels Online: La Dolce Vita auction, which took place between 1 and 10 March, achieved a total of £2,052,724, with 157% hammer above low estimate and 93% sold by lot. The auction attracted participation from 38 countries, across four continents, and 25% of bidders and buyers to sale were…
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10 March
Lark and Berry debuts sister brand
Lark and Berry has announced the launch of Alondra, its new sister brand, in honour of International Women’s Day. The first collection under Alondra is ‘Horizon’ which features Lark and Berry’s created diamonds, black spinel and 18K gold vermeil and silver. All pieces in the Alondra brand are made with…
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9 March
Rough diamond sales to reach £494m, De Beers says
The De Beers Group has announced the provisional value of rough diamond sales (Global Sightholder Sales and Auctions) has reached $650m (£494m) for the second sales cycle of 2022. De Beers said this represents the expected sales value for the period 21 February to 8 March and remains subject to…
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8 March
Flinn and Steel on track for £750,000 turnover
Sheffield Steel and Titanium wedding ring brand, Flinn and Steel, has announced it is on track to turnover more than £750,000 in its third year in business. It was launched in a shed on the edge of Sheffield at the start of the pandemic by Ollie Allen and Jess Flinn,…
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8 March
Richemont suspends operations in Russia
Richemont has announced that it has suspended all commercial activities in Russia, following its prior announcement of stopping operations in Ukraine on 24 February. The company said it is in close contact with its people on the ground and ensuring they receive financial, logistic and moral support. Richemont has also…
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