News
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Jun- 2019 -25 June
BJ Fitzpatrick profits boosted by Pandora sale
BJ Fitzpatrick Group, a Dublin-based jeweller wholesaler and retailer, saw its profits boosted to €23m (£20m) last year after it sold the Irish business of Pandora back to the Danish parent company. According to The Times, accounts filed for the year ending 31 July 2018 shows BJ Fitzpatrick made a…
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25 June
‘Space Traveller I’ watch goes on public view for first time in UK
One of the most “technically accomplished” watches by watchmaker George Daniels, the Space Traveller I, is set to go on public view for the first time in the UK on Friday 28 June. Estimated to be worth as much as £1m, the watch will be offered in Sotheby’s ‘George Daniels…
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24 June
Military Jaeger-LeCoultre sells for over £6,600 at auction
A Jaeger-LeCoultre military watch has sold for £6,635.20, eight times its estimate of £650 – £850, at Fellows Auctioneers. The stainless steel military issue wrist watch went under the hammer as Lot 428 in Fellows’ Watch Sale on Tuesday 18 June. According to the group Bidders from various bidding platforms…
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21 June
Retail sales slump in May
The quantity bought in May 2019 decreased by 0.5% when compared with the previous month, with a strong decline of 4.5% in clothing sales, according to new figures from the ONS. However, in the three months to May 2019, the quantity bought in retail sales increased by 1.6% when compared…
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20 June
Pursuit adds payment options to help jewellers changing IT providers
Pursuit Software has added new payment options to help jewellers changing IT providers. The smart software systems provider said the automated transfer of sales, stock and customer records in the space of a day is benefitting jewellers switching to Pursuit from a previous IT system provider. It added the data…
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20 June
Online retail sales in May suffer worst growth on record
May continued the 2019 trend of below-average online sales growth, with a marginal 1.9% year-on-year (YoY) increase, according to the latest IMRG Capgemini eRetail Sales Index. When compared to this time last year, which saw the strongest May growth for online retail since 2010, analysts suggest this means the state…
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19 June
Gemometrics reveals GemPen’s ‘strong performance’ in DPA test
Gemometrics has revealed that recently published results from rigorous testing show that its GemPen diamond tester exhibited “high accuracy” on a mix of synthetic and natural diamonds. Tests conducted as part of the ASSURE-program led by the Diamond Producers Association (DPA), an alliance between ALROSA, De Beers, Rio Tinto, among…
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19 June
Houlden appoints Sarah Layton Jewellers as new member
Luxury jewellery consortium Houlden has appointed Lancashire-based Sarah Layton Jewellers as the 30th member of its community. Houlden welcomed the jeweller’s team, which specialises in fine diamonds, gem-set jewellery, watches and contemporary jewellery brands, to their second and final members’ conference and Supplier Exhibition of 2019. Having attended the group’s…
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18 June
HRD Antwerp opens new London drop-off point
HRD Antwerp announced its expansion into the UK market with the opening of a new drop-off point in London’s Hatton Garden. The new London drop-off point will give UK jewellers easy access to HRD Antwerp’s services, including jewellery and diamond grading reports. HRD Antwerp said the new drop-off point in…
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18 June
Swarovski UK receives royal warrant
Jewellery brand Swarovski UK has received a royal warrant as a manufacturer and supplier of crystals by her Majesty The Queen. The “prestigious” warrant was granted to Nadja Swarovski, on behalf of Swarovski, in recognition of the company’s commitment to the highest standards of service, quality and excellence. According to…
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