News
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Jun- 2018 -19 June
Hallmarking figures fall 11%
Hallmarking fell by an average of 11% in May 2018 compared with the same period the previous year, according to figures compiled by the Birmingham Assay Office. The average volume of all precious metals fell this month when compared to the same period the previous year. Gold fell by 8.5%…
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18 June
Christie’s London luxury week auction totals £12m
Christie’s London Luxury Week auctions achieved a combined total of £12m with other half the total coming from its ‘important jewels’ auction. The auctions focusing on fine wines, handbags and accessories and important jewels attracted global participation from bidders from 50 countries, across five continents. Christie’s also welcomed over 9,000…
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18 June
Card payments overtake cash for the first time in the UK
Cards have overtaken cash as Britain’s most frequently used method of payment, thanks to the rise in contactless cards. Steve Newton, executive vice president, UK and Europe of Worldpay, said the UK has passed “a major milestone on its journey to a more digital future”, adding that “the popularity of…
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15 June
NAJ announces plan to ‘future-proof’ the company
The National Association of Jewellers (NAJ) has revealed its intent to future-proof the association through the launch of a new website. The mobile-first website will engage consumers and enables members to find solutions using interactive forums, live chat and online toolkits and tutorials. The first phase of the site will…
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15 June
Tresor Paris acquires London jewellery brand Phiiish
The jewellery brand Tresor Paris has acquired Phiiish, a London-based jewellery brand created by brothers Dean and Adam Greenfield. The Greenfield brothers, whose family boasts more than 50 years in the jewellery trade, had launched the brand in 2014. Before Tresor Paris’ acquisition, Dean worked as the lead designer and…
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14 June
Cartier to pay to block sites which sell counterfeit goods
Jewellery brand Cartier has been ordered to pay the costs of blocking websites which were advertising and selling counterfeit copies of its goods. The internet service providers (ISPs) were innocent of any trademark infringement and only provided networks by which subscribers could access content. It was found that it did…
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14 June
Retailers say not enough is being done to support mental health at work
According to a survey of 1,100 UK workers, 75% of retail professionals agree that not enough is being done to support mental health at work. The survey, conducted by independent job site CV-Library, revealed that more than half of employees (57.7%) have considered resigning from a job due to lack…
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13 June
Most UK consumers are happiest when shopping online
The majority of UK consumers are happiest online when completing an online purchase, a study has revealed. Research conducted by e-commerce martech company Rokt revealed 71% of UK consumers feel happiest when they are shopping online, with 43% consumers linking the emotion of excitement with making an online purchase. The…
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13 June
Almost half of consumers prefer independent stores
New research has found that nearly half (42%) of consumers would shop with an independent retailer because they prefer to support smaller operations over a larger retailer. The YouGov research commissioned by marketing automation suite Pure360 also found that awareness of the smaller operations is growing, with 63% of consumers…
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12 June
87% of UK’s top retailers risk revenue losses through poor mobile site performance
Almost nine in 10 (87%) of the UK’s top retailers are risking a significant drop in online visibility by neglecting their mobile site performance, according to new research. The report, carried out by e-commerce and digital agency Visualsoft, found that ‘worryingly low’ numbers of retailers have taken strides to improve…
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