News
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Mar- 2020 -19 March
Pandora closes stores across globe
Pandora has announced the temporary closure of many of its stores in order to “support the efforts” to limit the spread of Covid-19. In its latest statement, the group confirmed that it had temporarily closed all owned and operated stores in the United States, Italy, Germany, France and Spain. In…
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19 March
The Goldsmith’s Company announces contingency plans
The Goldsmiths’ Company Assay Office has said it will do its “utmost” to remain open amid the coronavirus outbreak. At the present moment, the group said it envisages two contingencies that may result in its closure: a staff member contracting the virus or a nationwide lockdown. It is now asking…
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18 March
Pandora withdraws financial guidance
Jewellery group Pandora has announced the withdrawal of its financial guidance as it is “no longer meaningful” in light of the coronavirus escalation. The group said that such mitigating actions came under “extraordinary and rapidly developing” circumstances, and that its financial guidance announced on 4 February excluded “any impact” from…
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17 March
NAJ asks for ‘urgent action’ amid Covid-19 crisis
The UK jewellery industry has urged the government to take “urgent action” as the coronavirus crisis unfolds. The National Association of Jewellers (NAJ) has today sent an open letter to PM Boris Johnson calling for “further clarity and support” on key issues that may affect the industry amid the outbreak. …
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12 March
Hublot launches limited edition timepiece
Hublot has announced the launch of a new limited edition watch to celebrate the brand’s “special relationship” with the city of London. The Hublot Classic Fusion Special Edition ‘London’ is described as a “statement piece” which aims to “capture something of London’s fast-paced, high-achieving spirit”. It features a polished, satin-finished…
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11 March
ROUNDUP: Business rates holiday announced by chancellor Sunak
In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the impact of coronavirus on the British economy including a one-year total suspension of business rates for small retail, leisure and hospitality businesses. Headline measures include: A £12bn plan to provide…
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11 March
Istanbul Jewellery Show postponed amid coronavirus fears
Organisers for the Istanbul Jewellery Show have confirmed that the event will be postponed amid the recent coronavirus outbreak. The event, which was due to take place later this month, is now scheduled to take place between 18-21 June 2020. News of the postponement comes only one day after organisers…
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10 March
Istanbul Jewellery Show to go ahead despite coronavirus fears
The Istanbul Jewellery Show, due to be held at CNR Expo, Istanbul Fair Center this month, is set to go ahead despite coronavirus fears. Organisers assured visitors that the event would still take place as scheduled between March 19 and March 22. In a statement on its site, organisers for…
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10 March
Calls for ‘discretionary business rates relief’ amid Coronavirus outbreak
Colliers International has called on the UK Government to consider and to fund a system of “discretionary rate relief” for businesses impacted by the Coronavirus. The commercial real estate company said this is one of the measures that could “alleviate business pain” in this week’s Budget. It added that against…
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9 March
Laings appoints new retail consultant
Luxury jewellers Laings has announced it has appointed retail consultant Stephen Paterson to its team. Paterson will now offer advice to Laings customers to ensure they have the “very best experience” when they visit a Laings store. He will work alongside the jeweller’s teams across its showrooms in Glasgow, Edinburgh,…
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