News
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Jun- 2018 -27 June
Nelson’s victory watch for the Battle of Trafalgar to be auctioned
A watch that belonged to Lord Admiral Horatio Nelson and set the pace of one of history’s greatest naval battles is set to be auctioned by Sotheby’s next month. Now mounted in a gilt-brass carriage clock case, the pocket watch is thought to be the timepiece carried by the Admiral…
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27 June
Independent jewellers to benefit from new small business funding scheme
Small business minister Andrew Griffiths has unveiled a new £8m fund to boost the productivity and performance of small businesses in the UK. The ‘Business Basics Fund’ will help charities, trade organisations and public sector organisations support small businesses in adopting ‘tried and tested’ technologies and management techniques. Research from…
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26 June
De Beers rough diamond sales increase in fifth sale cycle
De Beers has released data on its fifth cycle of rough diamond sales for 2018, with revenues provisionally secured at £575m. The figure increased by £21m compared with the previous cycle (£554m), and increased by £34m overall when compared with the same period last year (£541m). Bruce Cleaver, CEO of…
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26 June
French Jewellers Jaubalet Paris expands presence to the UK
Independent French jewellers, Jaubalet Paris, has opened its first office within the UK. Based in London Mayfair, the new office is also the company’s first venture outside of France. The firm was first launched in 2008 aiming to provide high end custom luxury jewellery inspired by French artistry. Jaubalet Paris…
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26 June
Gay couple accuses high street jeweller of discrimination after not having ‘hers and hers’ rings
A gay couple has accused H.Samuel of discrimination due to its lack of ‘hers and hers’ rings. The couple Astria Battisa and Rebecca Miscallef, 28 and 34, visited the high street jeweller in Birmingham Bullring on 7 June asking for identical white gold rings, which cost £1,399. However, the jeweller…
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25 June
Goldsmiths jewellers owner appoints banks ahead of IPO listing next year
The parent company of British jewellery retail chain Goldsmiths has appointed two banks to manage its flotation on the stock market next year. Aurum Holdings, which also owns Watches of Switzerland, has appointed Goldman Sachs and Barclays to aid with a public listing that may take place in London next…
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25 June
Adorn Jewellers win Chesterfield’s ‘Jewellery and Accessories Retailer of the Year’
Independent jeweller Adorn Jewellers has received the ‘Jewellery and Accessories Retailer of the Year’ award at the 2018 Chesterfield Retail Awards. The group also won the ‘Excellence in Customer Service’ and ‘Independent Retailer of the Year’ awards. The business, which is based Chesterfield town centre, was established in 2010 by…
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22 June
Millennials ‘prefer real world over online’ despite high street issues
Millennials prefer to shop in store rather than online despite high street businesses’ problems, a study has shown. The fashion retail barometer, compiled by emotion analytics firm Adoreboard and survey platform OnePulse, explored brand rankings and off-line vs online preferences, revealing 49% of millenials prefer to shop for clothes in…
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22 June
Alrosa launches football collection of diamonds for World Cup
Alrosa has launched a collection of diamonds in celebration of the World Cup named after the countries participating in the tournament. The collection consists of 32 round diamonds, 0.3 carats each of high quality, ranging from D to F color and VVS2 to IF clarity. The diamonds were mined in…
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21 June
UK’s indies outperform global retailers with 20% growth
Sales volumes for Britain’s independent retailers in the past 12 months were 20% higher than the global average, according to data from retail management software provider Vend. This insight comes from Vend’s first Retail Benchmarks Report, which compared data from over 13,000 retailers and found average monthly sales volumes per…
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