News
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Sep- 2020 -23 September
Hublot announces partnership with Chef Paul Pairet
Luxury watchmaker Hublot has welcomed three-time Michelin star chef Paul Pairet as its latest “friend of the brand”. According to Hublot, Pairet has revolutionized traditional ways in playing on texture and temperature of ingredients, producing unique and tasty cuisine with his highly skillful and gorgeous techniques. It added that his…
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23 September
De Beers outlines upcoming trends in flash report
De Beers has announced that diamond jewellery design trends for the upcoming gifting season are expected to be influenced by how “consumers are feeling in response to the events of this year and the impact of lockdowns”. Its fourth Diamond Insight ‘Flash’ Report was published alongside London-based fashion trends consultancy,…
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22 September
Latest Covid-19 restrictions now legal requirements, PM says
Prime minister Boris Johnson has announced a series of new measures to curb the increase in coronavirus cases, including making Covid-secure rules for businesses a legal requirement. Retail and indoor hospitality staff will also be legally required to wear masks while working. The penalty for not wearing a mask or…
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22 September
Watches of Switzerland unveils Knightsbridge Rolex showroom
Watches of Switzerland has announced the opening of a new Rolex showroom located in Knightsbridge. The new 1,377 sq. ft showroom is situated within the existing Watches of Switzerland flagship showroom on the Brompton Road. It comes as the group has celebrated a “close relationship” with Rolex since becoming an…
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22 September
Footfall rises despite ‘rule of six’
Footfall across all retail destinations in the UK has risen by 2.4% in the last week, despite the government’s new ‘rule of six’ social distancing measure, according to data from analytics company Springboard. High street retailers saw a footfall increase of 5.2%, while shopping centres and retail parks saw a…
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21 September
Government launches £95m recovery fund for high street
A new £95m government-funded scheme will support 68 “historic” high streets in England to recover from “declining footfall” and the impact of the pandemic. The initiative, High Streets Heritage Action Zone (HSHAZ), will work with local authorities to convert disused buildings into new shops, workplaces and community spaces. HSHAZ will…
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21 September
Lebrusan Studio sees commitment rings ‘spike’
Lebrusan Studio has reported an increase in searches for commitment rings, with over 1,200% shoppers visiting the site looking for such pieces. According to the brand, the stats show that during the three months coming out of lockdown, “more lovers were searching for the term ‘commitment ring’ than ever before”.…
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18 September
LVMH set to block Tiffany’s court petition
LVMH has announced it plans to block a court petition launched by jewellery company Tiffany & Co, who is attempting to fast-track legal proceedings after LVMH exited a proposed $16bn (£12bn) merger. The Louis Vuitton owner had agreed to the merger last year, but pulled out last week due to…
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18 September
Mayor of London urges government to extend business rates holiday
The mayor of London, Sadiq Khan, and London Councils have joined together to urge the Government to extend the business rates holiday and help protect thousands of jobs in London and across the country. Businesses in the retail, hospitality, leisure and childcare sectors are currently benefiting from 100% relief…
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18 September
UK retail sales rise for fourth consecutive month
August saw retail sales volumes increase by 0.8% when compared with July, marking the fourth consecutive month of growth. According to the latest figures from the Office of National Statistics (ONS), this resulted in an increase of 4% when compared with February’s pre-pandemic level of sales. The value of retail…
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