News
-
Jun- 2020 -5 June
Online sales reach 10-year high
British retailers recorded a 10-year high for online sales in May while the continued lockdown measures kept high streets empty, according to new figures by accountancy and business advisory firm BDO. According to BDO’s High Street Sales Tracker (HSST), total like-for-like sales, consisting of both in-store and non-store sales, declined…
Read More » -
4 June
F.Hinds reveals 16 June reopening
F.Hinds has revealed its plans to reopen all F.Hinds and Chapelle stores across England from 16 June, following the latest government advice for retailers. The group said that customers would be able to try on jewellery and watches “where necessary”, but additional health and safety measures will be implemented to…
Read More » -
4 June
Birmingham Assay office elects five new guardians
The Birmingham Assay office has announced the election of five new guardians of the standard of wrought plate. The raft of appointments include Simon Dawe, sales director of TH March, Kevin Saunders a regulatory and criminal barrister, David-Louis Hendley of Artfull Expression, alongside Russell Jeans CEO of Sefton Consulting and…
Read More » -
4 June
Bira creates five-step guide to help independent retailers open again
The British Independent Retailers Association has created a five-step guide to help independent retailers open again with confidence later this month. The five-step guide to a Covid-secure reopening takes members through what they need to do to be safe and compliant ahead of reopening on 15 June . It also…
Read More » -
4 June
LVMH retreats from Tiffany takeover
Luxury powerhouse LVMH has announced that it will no longer go ahead with its proposed takeover of Tiffany & Co in light of “recent market rumours” amid the pandemic. LVMH had initially announced a “definitive” agreement with the luxury jewellers last November, whereby it outlined its intention to acquire the…
Read More » -
3 June
Bybiehl launches first 100% recycled silver-and gold collection
Jewellery brand Bybiehl has announced the launch of its first collection in 100% recycled silver-and gold. The new collection consists of designs in the Jungle Ivy and Wave collection. The Jungle Ivy collection is inspired by wildlife and the environment. Moving forward all future collections will be produced in gold…
Read More » -
3 June
Biggest decline in shop prices since 2006
May shop prices tumbled at the fastest rate of decline since 2006, falling by 2.4% against a 1.7% decrease in April. This was “largely” driven by a sharp fall in non-food prices, which fell “sharply” by 4.6% in the period, compared to a decline of 3.6% the month prior. This…
Read More » -
3 June
Diamond markets begin to regain traction
Diamond trading is once again starting to regain traction, according to the latest data from diamond group Rapaport. Its latest report revealed that polished prices were stable in May despite “minimal” trading, with business limited to online platforms. The latest RapNet Diamond Index for 1-carat diamonds also rose 0.2% during…
Read More » -
3 June
Hiring starts to pick up in retail industry as lockdown eases
Hiring has started to pick back up in the retail industry last month, with job vacancies advertised increasing by an impressive 27.1% month-on-month, according to the latest data from CV Library. The study looks at job market data throughout May and compares this with figures from the previous month (April…
Read More » -
2 June
Lark & Berry launches bespoke engagement ring service
Lark & Berry has announced the launch of a new bespoke design guide offering customers the chance to design their own ring. The move follows on from the sustainable brand’s recent launch of direct-to-consumer engagement ring options in order to meet increasing demand. The brand’s website has seen a 900%…
Read More »
