News
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Jan- 2023 -25 January
Footfall improves throughout 2022 but remains 14% behind 2019
UK footfall improved throughout 2022, but there still remains a “significant” 14.2% gap to pre-pandemic 2019 levels, according to Springboard’s annual retail review for 2022. However, the figure does mark “a steady improvement”, from -20.8% below 2019 in January 2022 to -10.9% in December 2022. The uplift from 2021, however,…
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25 January
Loquet launches line inspired by Charlie Mackesy
Loquet London has announced the launch of its ‘The Boy, the Mole, the Fox and the Horse’ collection inspired by the illustrations of Charlie Mackesy. Loquet has designed a collection of charms, each of which depict Mackesy’s much-loved characters of the boy, the mole, the fox and the horse, an…
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24 January
Berry’s Jewellers unveils Nottingham Omega showroom
Berry’s Jewellers has announced the opening of a new Omega showroom in Nottingham. The new store will be the only Omega showroom in the Nottinghamshire area. Located next to the Berry’s store, the showroom will open in early February in a prime city centre location that has been home to…
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24 January
Laings launches Burns Night collection
Scottish jeweller Laings has launched its Burns night collection inspired by the works of Robert Burns. The main items in the collection include the ‘O my Love is like a red, red rose’ ring, an 18ct White Gold 1.95ct ruby and diamond ring inspired by Burns’ love poems and the…
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23 January
Dior launches ‘Dearest Dior’ collection
Luxury designer Dior has announced the launch of its latest collection named “Dearest Dior” including 77 new creations. The collection has been designed by Victoire de Castellane who also designed the “Dear Dior” and “Dior Dior Dior” collections. The line consists of necklaces, bracelets and rings with diamonds and rubies,…
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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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23 January
Consumer confidence improves for first time in 15 months
UK consumer confidence in the final quarter of 2022 improved by half (+0.6) a percentage point, according to the latest Deloitte Consumer Tracker, marking the end of a 15-month period of consecutive decline. Deloitte said overall confidence was boosted by “significant” quarter-on-quarter improvement in sentiment towards levels of debt (+3.8…
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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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19 January
Element Six appoints new CEO
The De Beers Group has announced the appointment of Siobhan Duffy as CEO of Element Six. Duffy will take up the role on 1 February and has been promoted from executive director for sales and marketing. She will also join the De Beers group executive committee. She has more than…
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