News
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Jul- 2018 -20 July
Goldsmiths unveils transformed Middlesbrough showroom
High street jeweller Goldsmiths has revealed its transformed Middlesbrough showroom following a £300,000 investment. Situated on Middlesbrough’s high street the store has re-opened its doors showcasing a new ‘contemporary look’ and extension of a 33 sq m branded Rolex space. The main showroom of 106 sq m, features a selection…
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19 July
‘Phantom hours’ costing UK businesses £37m a week
A survey of shift workers in the retail, hospitality and leisure industries has found staff to be overstating their working hours by an average of almost half an hour a week. Staff rota scheduling firm Rotaready, which conducted the survey, said these ‘phantom hours’ are costing UK businesses as much…
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18 July
Hallmarking figures drop 9.3% in June
Hallmarking fell by an average of 9.3% in June 2018 compared with the same period the previous year, according to the latest figures from the four UK assay offices and compiled by the Birmingham Assay Office. The average volume of all precious metals apart from platinum fell this month, with…
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17 July
Raymond Weil awards ‘International Artist’ to The Script
Swiss watchmaking company Raymond Weil has given the International Artist Award to Irish rock band The Script at the O2 Silver Clef Luncheon. Craig Leach, Raymond Weil’s UK brand director, gave the award to The Script during the 43rd luncheon held on the 6 July at the Grosvenor House Hotel.…
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17 July
Daniel Wellington launches first regional store outside London
Independent financial consulting company St David’s Partnership has launched Daniel Wellington’s first standalone UK store outside of London. The new 430 sq ft store in located at St David’s, Cardiff and it offers an assortment of the brand’s classic accessories including classic cuffs and interchangeable watch straps in NATO, mesh…
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16 July
Victoria McKay to step down from London Diamond Bourse
Victoria McKay has given notice that she is stepping down as chief operating officer of London Diamond Bourse (LDB), after six years in the position. Bourse president Alan Cohen credited McKay with playing a key role in positioning the LDB as a progressive bourse worldwide transforming the “inwardly focused private…
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16 July
Footfall dips for seventh consecutive month
Retail footfall dipped for a seventh consecutive month in June, despite the boost in spending brought on by the World Cup. BRC’s Footfall Springboard and Vacancies Monitor reported that year-on-year footfall for the month dropped by 0.9% The high street was the only area that delivered footfall growth, albeit marginally,…
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13 July
Bumper June footfall sees record increase of 11.4%
UK retailers benefited from record month-on-month growth in footfall for June, with a 11.4% increase in high street traffic compared with May. Compared with the same period last year, footfall was 7.8% lower, but June did deliver a reduction in the year-on-year deficit for the fourth successive month, data from…
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12 July
WFDB announces Peter Meeus to head World Diamond Mark
The World Federation of Diamond Bourses (WFDB) has announced that former Dubai Diamond Exchange (DDE) president Peter Meeus will take over as head of its World Diamond Mark (WDM) programme. The World Diamond Mark is a non-for-profit organisation incorporated in Hong Kong, established in 2012 by the World Federation of…
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12 July
Long queues ‘costing retailers £12bn’
Long queues have been named the biggest turn-off for UK shoppers and could be costing retailers up to £12bn a year in potential sales losses. According to research released by payments platform Adyen, paired with 451 Research’s ‘Global Unified Commerce Forecast’, British retailers are struggling to keep up with increasing…
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