News
-
Sep- 2020 -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…
Read More » -
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…
Read More » -
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…
Read More » -
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”.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
17 September
Natural Diamond Council launches celebrity campaign
The Natural Diamond Council (NDC) has announced the launch of its first ever celebrity campaign, which will be fronted by actress Ana de Armas. De Armas most recently received a Golden Globe nomination for her role in Knives Out, and will soon appear in the upcoming James Bond film, No…
Read More » -
17 September
Government extends commercial eviction ban until end of year
The government has decided to extend its commercial property eviction ban until the end of 2020. Businesses have been shielded from eviction over the last six months through the lease forfeiture and debt enforcement moratoria, which was originally set to end on 1 October. Retail and hospitality trade associations, including…
Read More » -
16 September
Emily Mortimer celebrates fifth anniversary
Jewellery brand Emily Mortimer is marking its fifth anniversary. The Suffolk-based jewellery brand was founded by Emily in 2015 after returning from an “inspiring” trip to India. Emily then began designing jewellery in her bedroom, and according to the brand, it has “gone from strength to strength” since. Known for…
Read More »
