E-Commerce

Watchshop remains top of ecommerce market despite 22% drop in visibility

Despite a 22% decrease in their visibility over the past year, Watchshop remains top of the jewellery and watch ecommerce market, a new report has revealed. The Watches E-Commerce Insight Report, produced by digital marketing specialists Inside Online, ranks 50 of the leading websites within this competitive market according to…

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Average online order value rises for 14th consecutive month

The average order value for online purchases has increased for 14 months in a row, according to new data. Figures from the IMRG MetaPack UK Delivery Index showed UK shoppers fuelled most of the increase, with the value for each month increasing compared with the same month the previous year.…

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Carats.io brings forward diamond cryptocurrency launch

Carats.io, the cryptocurrency company partnering with the Israel Diamond Exchange, has begun presale of its public token, ‘CARAT’, several weeks before originally planned. The earlier release date is said to be due to large worldwide demand and significant progress with regulatory agencies. Carats.io offers what it says is the first-ever…

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Yoox Net-A-Porter launches fine jewellery platform

Online fashion retailer Yoox Net-A-Porter (YNAP) has launched its first dedicated online destination for fine jewellery and luxury watches. The platform, part of the Net-A-Porter website, features a fine jewellery collection from more than 40 brands, including Piaget, Cartier, Pomellato, Tiffany & Co and Buccellati. Customers will also be able…

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Instagram jeweller ‘Say It With Diamonds’ to open store in Liverpool

Online jeweller, Say It With Diamonds, is to open a physical store in Liverpool’s Cavern Walks. The jewellery brand founded in 2016, by Charlotte Donoghue and Steph Porter, originally launched with products only available for purchase on social media platform Instagram. However at the end of 2017 Say It With…

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H. Samuel remains ‘most visible’ jewellery brand online

Despite a 7% decrease in their visibility over the past year, H. Samuel remains top of their market, a new report has revealed. The Jewellery Retailers Insight Report, produced by digital marketing specialists Inside Online, ranks 45 of the leading websites within this competitive market according to their online performance.…

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Richemont’s Yoox Net-a-Porter acquisition approved by Italian regulator

Italian market watchdog Consob has given the green light for Richemont’s takeover of luxury online retailer Yoox Net-A-Porter (YNAP). Swiss-based Richemont, which owns brands such as Cartier, Montblanc and Dunhill London, already has a stake in the YNAP Group, but in January made a public tender offer to buy the…

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Jeweller reports trilogy engagement ring sales have tripled

Online jewellery retailer The Diamond Store has reported a marked increase in sales of Meghan Markle-inspired three-stone engagement rings for Valentine’s Day.   According to the luxury online jeweller, the three-stone diamond ring trend has skyrocketed since Prince Harry announced his engagement to Meghan Markle on 27 November. Since that…

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Online retail shows signs of maturing with tough 2018 ahead, says IMRG

The rate of retail sales growth is pointing to a ‘maturing market’, figures from the IMRG Capgemini e-Retail Sales Index suggest. UK online retail sales were up 12.1% on average year-on-year (YoY) in 2017, which was lower than the IMRG’s forecast of 14%. This figures also falls short of 2016’s…

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UK online SMEs ‘confident’ in 2018 sales growth

UK SME online retailers have expressed confidence in the year ahead with 74% anticipating sales will increase in 2018, according to a study commissioned by Royal Mail.Some 70% of retailers asked said they had experienced an uplift in sales in 2017 compared to the previous year. The health and beauty…

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