News
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Jan- 2020 -3 January
Tiffany and Co reports 1-3% increase in sales during holiday period
Tiffany and Co reported a 1-3% increase in sales throughout the festive period compared with the same period in 2018. During the period from 1 November to 24 December, the European arm of the luxury company reported a 4-6% rise in sales. Sales in the American region increased by 7-9%…
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3 January
Hamilton & Inches reports ‘strong’ sales growth in 2019
Hamilton and Inches has reported “strong” sales growth in 2019, despite a year of “significant” investment for the company. In its latest statement, the 150 year old jewellers said that it was “pleased” to achieve a pre-tax profit of £121,000 amid “significant levels of investment” that laid “strong foundations” for…
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3 January
Boxing Day footfall falls to lowest level since 2010
Retail footfall decreased by 10.6% on Boxing Day in 2019, and marks the largest decrease in footfall since 2010. The research from Springboard found the decline to be larger than the last two years combined for the period. In 2018 footfall was 4.2% lower than in 2017 and in 2017…
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2 January
Thief swallows earrings in jewellery store raid
A thief has reportedly swallowed two pairs of white gold earrings during a raid on a Hull jewellers. The raid, which occurred on Monday 23 December, saw the suspect take off with over £13,000 worth of jewellery. The suspect allegedly left the store with a yellow 18 carat gold diamond…
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Dec- 2019 -19 December
Laings reveals first full-year results as one brand
Luxury jewellers Laings has announced it achieved sales of £42.3m in the year to 31 May 2019. It is the first full year that the jewellers has operated under one brand. Sales also saw a like-for-like increase of 17.4%, and an operating profit of £4.2m was also reported. The company…
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17 December
Missoma victim of data breach
Missoma has been the victim of a cyber security heist, confirmed the jewellers in a statement released today. Affected customers of the brand have all been informed of the data breach via email. Whilst the company says that the issue is now resolved, personal customer details such as name, address,…
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17 December
Local jewellers more influential than celebrities, reveals survey
The local jeweller is more influential than celebrities when it comes to jewellery purchases, according to a recent survey conducted by NAJ. The survey, carried out on over 2,500 UK consumers, revealed that only 8% of respondents said that celebrities influenced their jewellery purchases. Meanwhile, 61% of consumers said that…
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16 December
1/3 of Brits would gift second-hand jewellery for Christmas, survey reveals
Some 43% of Brits would “gladly” give a pre-owned gift for Christmas, according to a study by experts in pre-owned luxury jewellers, William May. The study found that one in eight of the 3,000 Brits surveyed admitted they get more satisfaction from purchasing second-hand items than brand new. The survey…
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16 December
Aisha Baker launches new ‘Frozen in Time’ collection
Luxury jewellery brand, Aisha Baker, has launched its new jewellery collection, ‘Frozen in Time’. The collection, which marks the brand’s second high jewellery launch, will be released in two parts throughout 2019 and 2020. The pieces conjure visions of a “frozen world”, with the distinctive emblem of an icy blue…
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16 December
Anja Potze jewellers donates £30k to breast cancer unit
Anja Potze Fine Jewellery has raised £30k of funds to be donated to the Worcestershire Breast Unit Haven. The fine jewellers, situated in Worcester, have worked to raise charitable funds throughout the year. The money will now go towards “pioneering” new technology for the charity. This technology includes a portable,…
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