News
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Mar- 2022 -25 March
Retail sales volumes fall 0.3% in February, ONS says
Retail sales volumes fell by 0.3% in February 2022 following a rise of 1.9% in January 2022, according to the latest figures from ONS, with sales volumes at 3.7% above their pre-coronavirus (Covid-19) February 2020 levels. Non-store retailing sales volumes fell by 4.8% over the month following strong growth in…
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25 March
WFDB appoints executive director of Get-Diamonds
The World Federation of Diamond Bourses (WFDB) has announced that Eyal Shirazy has been appointed executive director of Get-Diamonds, its global B2B trading platform for polished diamonds. Before entering the diamond industry, Shirazy held a number of management positions in the digital world. For the past decade, he served as…
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24 March
Retail industry responds to ‘underwhelming’ Spring Statement
Both Bira and CBI have expressed disappointment in the chancellor’s Spring Statement, with Bira having declared it is “underwhelmed with the offerings for independent businesses”. In his speech yesterday, Rishi Sunak outlined a series of measures to help combat the rising cost of living in his latest spring statement, including…
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24 March
So-le Studio unveils upcycled leather collection
So-le Studio has revealed that its new upcycled leather collection will launch at the end of April this year. The collection comprises the “core” collection pieces first designed when So-le Studio launched in October 2020. All in all, it will compose of seven new designs: four earrings, one cuff, one…
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23 March
Hamilton & Inches launches its Craft Academy
Hamilton and Inches has announced the launch of its Craft Academy as part of its ongoing support to young artisans in Scotland by investing in apprenticeships and training. The launch of the jeweller’s new academy includes two silversmithing internships, one of which is open to third year students studying jewellery…
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23 March
De Beers unveils ‘advanced’ diamond recovery vessel
The world’s most advanced diamond recovery vessel, the Benguela Gem, has today been officially unveiled in Namibia at an inauguration ceremony attended by President Hage Geingob, Minister of Mines and Energy, Tom Alweendo and De Beers Group CEO, Bruce Cleaver. The vessel will commence operations from next week, well ahead…
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23 March
Spring Statement: Chancellor raises NI threshold to £12,570
The chancellor has outlined a series of measures to help combat the rising cost of living in his latest spring statement, including increasing the national insurance threshold by £3,000. Speaking in parliament today (23 March), Rishi Sunak began his speech by warning it is yet unclear what the impact of…
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22 March
Pure London appoints head of jewellery to support growth
Pure London, the UK’s trade fashion buying event, has announced the appointment of Andrew Martyniuk as Head of Jewellery to support the growth of its newly created Pure Jewel space. Martyniuk has years of experience in the jewellery industry and he will be a “key driver” in developing the jewellery…
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22 March
Weather boosts footfall across UK by 2.3%
Footfall rose by +2.3% last week from the week before across all UK retail destinations, with most of the rise driven by high streets where footfall rose by +4.2% versus just +0.5% in shopping centres and +0.1% in retail parks, according to retail experts Springboard. In coastal towns footfall rose…
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21 March
Bira predicts strongest Mother’s Day in 2 years
The British Independent Retailers Association (Bira) has predicted the strongest Mother’s Day trading in over two years. Following the lifting of restrictions early this year, the head of Bira believes this will be the strongest trading period of the year so far as shoppers will be able to hit the…
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