News
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Mar- 2021 -16 March
Goodman Bros upgrades to new offices
Goodman Bros, a Cambridgeshire-based jewellery service distributor, has moved to a new premises following the securing of a NatWest funding package. The wholesaler, which supplies jewellery accessories and cleaning products to various clients in the UK and Europe, has achieved year-on-year growth since its inception in 2014. In turn, the…
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15 March
Shop TJC to increase wages to ยฃ10 an hour
Shop TJC has announced it will increase its wages for all entry level employees from ยฃ8.89 to ยฃ10 an hour which is 12% over the minimum wage prescribed in the recent budget which will come into effect April 2021. The e-retailer which specialises in jewellery, gemstones, and other lifestyle accessories…
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15 March
VNJ secures ยฃ150,000 funding package
V N Jewellery (VNJ), an online jewellery retailer, has secured a ยฃ150,000 funding package from Maven Capital Partnersโ Midlands Engine Investment Fund (MEIF). Based in Aylesbury, the firmโs team comprises Hai Ngan Knight and Jeremy Knight, who act as managing director and finance director respectively. VNJย will use the investment…
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12 March
Once announces Messika partnership
Once, an online fine jewellery platform, has revealed that it will now stock products from Messika, the French diamond fine-jewellery company. Founded by Valerie Messika, the daughter of diamantair Andrรฉ Messika, the group has gained celebrity interest from names such as Beyonce, Emily Ratajkowski and Charlize Theron. The brand, which…
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12 March
Victorian necklace to lead Fellows auction
A historic necklace which features 15 different coloured gems is set to go under the hammer at Fellows Auctioneers with an estimate of ยฃ2,500 โ ยฃ3,500. The 15 carat gold multi-gem and enamel necklace from the Victorian era comprises 15 distinct gems, including sapphire, emerald and demantoid garnet. Some of…
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11 March
Goldsmiths to launch revamped store concept
Goldsmiths has announced it plans to enhance its network of stores throughout the UK with a new luxury store concept which will be rolled out from Autumn 2021. The new stores, which have been conceived in partnership with UK-based design collective Quadrant Design, will combine a contemporary luxury design with…
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11 March
Taylor & Heart secures ยฃ500k GLIF loan
Taylor and Hart, a bespoke jewellery designer, has secured a ยฃ500,000 loan funding from the Greater London Investment Fund (GLIF). The cash injection includes ยฃ250,000 in conjunction with the government backed Coronavirus Business Interruption Loan Scheme (CBILS). Founded in 2011, Taylor and Hart offers individual engagement ring designs to its…
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10 March
De Beers Group reaches ยฃ396m in rough diamond sales cycle
De Beers Group has revealed its provisional value for the Cycle 2 2021 rough diamond sales for the period 22 February to 08 March 08 March 2021 to be $550m (ยฃ396m). The group also revealed its actual Cycle 1 2021 sales value between18 January and 2 February 2021 to be…
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10 March
Pandora posts 12% organic growth for February
Luxury jewellery retailer Pandora has reported a year-on-year organic growth of 12% for February 2021.ย The month also represented a year-on-year total sell-out growth of 7%, while the quarter to date achieved 4% organic and 1% sell-out expansions when compared to Q1 of FY20. The results are part of a…
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9 March
Pursuit commits ยฃ125k to fund for independent jewellers
EPoS software and solutions specialist, Pursuit, has committed ยฃ125,000 to an industry support fund to provide greater assistance to independent jewellery retailers looking to update their systems and digital operations.ย The Pursuit Partnership Fund was created to support businesses that are โready to take the next stepโ in EPoS and…
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