News
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Aug- 2019 -20 August
EC One becomes B-Corp certified
London based jewellery boutique EC One has become the second jeweller in the UK to become B-Corporation Certified. The accreditation process to become a B-Corp involves an in-depth analysis of the business’ entire social and environmental performance, to assess its impact on its workers, community, environment and customers. Other well-known…
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14 August
Over 50 retailers sign letter demanding business rates fix
Over fifty major retailers have come together to demand the government takes action to fix the “broken” business rates system. In a letter to the new chancellor, Sajid Javid, retailers have called on the government to put business rates “at the heart” of the promised new economic package. The letter,…
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14 August
Watches of Switzerland revenues jump 17.8% in Q1
Watches of Switzerland has reported a 17.6% increase in total revenue to £209.4m for the three months to 28 July 2019. The group also saw “strong” like-for-like growth of 10.8% during the period, with sales increasing by 11.5% and 8.7% in the UK and US respectively. During the last three…
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14 August
Houlden appoints James Rice as director
Luxury jewellery consortium, the Houlden Group, has announced the appointment of James Rice as the latest director to join the board. Rice is currently sales and marketing director of Hull based Hugh Rice, a luxury family-run jeweller founded in 1965 which has since expanded from Hull and Beverley, throughout Yorkshire…
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14 August
North East gallery reveals new jewellery collection
A jewellery collection inspired by pattern, repetition and movement takes will be unveiled at a Newcastle gallery this autumn. The Biscuit Factory – the UK’s largest independent art, craft and design gallery – is launching ‘Rhythm’, a new jewellery collection debuting on 6 September that spotlights the “art of rhythm”…
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9 August
Ruby & Oscar celebrates bumper year of trade
Online jewellery store Ruby and Oscar is celebrating a bumper year of trade as it marks its first birthday this August with £1m in turnover. The north east-based company, which specialise in handcrafted gemstone jewellery, saw profit from within its first month of trade thanks to its strong online presence…
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9 August
Mixed footfall performance in July
Footfall figures decline by 3.8% in July, compared with the same period last year, according to the latest Retail Traffic Index. This was only a small improvement on the 3.9% deficit recorded in June. Footfall did however see an increase of 3.4% in July compared with June’s footfall figures. Stores…
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8 August
July consumer spending hits record low
UK consumer spending in the month of July fell to a record low despite the good weather, according to the latest statistics from the British Retail Consortium (BRC) and KPMG. On a total basis, sales increased by 0.3% in July, against an increase of 1.6% the previous year, it is…
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8 August
Family-run Newry Jewellers unveils expansion plans
Newry-based Jack Murphy Jewellers has announced it has plans in place to extend into the corner building next door to the already established Hill Street showroom, acquiring an additional 2,760 sq ft of retail and office space. Work has already begun, with hopes to have the expansion completed in time…
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2 August
Hatton Garden heist ringleader sent back to prison
One of the ringleaders of the Hatton Garden jewellery heist, John Collins, has been jailed for three years after failing to pay back millions of pounds that were stolen during the robbery. Collins was originally ordered to pay £7.3m, but Westminster Magistrates’ Court heard he had “neglected to co-operate”, according…
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