News
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Nov- 2019 -4 November
Third of UK gold jewellery sold online suspected as fake, warns BHC
A third of “gold” jewellery being sold online is suspected to be unhallmarked and therefore may be fake, raising concerns that UK consumers are being duped by internet traders, according to data released today from the British Hallmarking Council (BHC). A 10-day internet sweep by WRi Group in partnership with…
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1 November
Gang who robbed Bournemouth jewellers using a samurai sword convicted
Members of a gang who conspired to carry out an armed robbery on the Franses and Sons jewellery store on Westover Road in Bournemouth have been found guilty. Jonathan Oribe, 27 and of no fixed address, Rowan McLaughin, 31 and of Tregonwell Close in Bournemouth, and Sophie Rivers, 29 and…
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1 November
Tom Coll Jewellery unveils refurbished showroom amid 35th anniversary
A Scottish family owned jewellery businesses has given its showroom a “major makeover” to mark the 35th anniversary of its opening. The Tom Coll Jewellery family firm is celebrating its milestone birthday with a refurbishment of its fourth floor showroom and workshop premises in Glasgow’s Argyll Arcade Chambers which is…
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1 November
Treasury Committee urges MPs to reform ‘broken’ business rates
The government has been urged to fix the “broken” business rates system as it is continuing to affect high street retailers, a Treasury committee has said. An influential group of MPs has asked the government to examine alternatives to property tax, which puts more pressure on high street retailers than…
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Oct- 2019 -29 October
Louis Vuitton owner bids to take over Tiffany and Co
Luxury group, LVMH, has confirmed it is in talks to takeover Tiffany and Co. LVMH said in a statement yesterday (28 October): “In light of recent market rumours, the LVMH Group confirms that it has held preliminary discussions regarding a possible transaction with Tiffany’. There can be no assurance that…
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25 October
Luxury jewellers Laings expands online presence
Luxury jewellers, Laings, have launched a new website, in the run up to the busiest shopping season of the year. The website features some of the top brands from the world of Haute Horlogerie, including Patek Philippe, Rolex, Jaeger-LeCoultre and Cartier. The website allows customers to find out more about…
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25 October
Istanbul Jewelry Show reports 12% increase in foreign visitors
The Istanbul Jewelry Show has reported a 12% increase in the number of international visitors at its October 2019 exhibition Some 51% of the visitors were from abroad. The exhibition whereby over 800 companies and brands from 20 countries showcased their products, was visited by 20,172 sector professionals from 127…
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24 October
85,000 retail jobs lost in the last year
Third-quarter retail employment fell by 2.8% year-on-year, the equivalent of around 85,000 jobs, marking the 15th consecutive quarter of decline in the retail workforce. According to the latest figures from the British Retail Consortium (BRC), full-time employment saw a decrease of 4.5% compared to the decrease in part-time employees of…
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24 October
Police launch appeal after burglary at Randalstown jewellery store
Police have appealed for information following the burglary of a large amount of jewellery in a store in Randalstown, Northern Ireland. Sometime between 3.00am and 6.30am the premises was entered and a large quantity of jewellery stolen on Main Street on Wednesday. Some of the items stolen included approximately rolled…
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18 October
Links of London slashes 38 head office roles amid administration
The joint administrators of Links of London have announced 38 redundancies at its head office in Victoria, London. It comes after the British jewellery brand entered administration earlier this month (8 October), placing around 350 jobs at risk. It currently operates 28 standalone stores across the UK and Ireland and…
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