News
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Jun- 2018 -12 June
Phillips appoints James Marks as international specialist for watches
Phillips in Association with Bacs and Russo has announced the appointment of James Marks as its new international specialist for watches. Based in London, Marks will assume responsibility for leading the watch department’s international sourcing efforts from the UK. He joins ahead of the upcoming international exhibition, Watchmakers, The Masters…
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11 June
Indian Jeweller wanted for $2bn fraud seeks asylum in UK
Indian jewellery billionaire Nirav Modi is said to be seeking political asylum in London after being accused of ‘cheating’ state-owned Punjab National Bank (PNB) out of nearly $2bn (£1.7bn) According to reports Indian police who have a warrant for his arrest have been trying to track Modi since the allegations…
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11 June
Retail footfall returns to high street
High street footfall increased to 0.5% in May according to the latest BRC-Springboard Footfall and Vacancies Monitor. According to the report May’s better weather resulted in a marginal improvement in footfall across the nation’s high street and out-of-town shopping areas, but it wasn’t enough to overcome the long term trend…
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8 June
Birmingham City University reproduces historic American coin for Trump
Birmingham City University has reproduced a 227-year-old coin that will be presented to US President Donald Trump. The coin is to commemorate Birmingham hosting the annual British-American Business Council (BABC) transatlantic conference this week. The event at the University’s Royal Birmingham Conservatoire on 7 June will welcome delegates from all…
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8 June
JNA Awards and RJC partner for better practice in the industry
The Responsible Jewellery Council (RJC) and the JNA Awards will partner to promote sustainable and ethical business practices globally in the gemstone industry and international jewellery. RJC, which has more than 1,100 member-companies in 75 countries that span the entire jewellery supply chain, will introduce to its members the platform…
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8 June
Advanced synthetic diamond seminar to come to London
The Gemological Institute of America (GIA) will be offering new advanced synthetic diamond seminars in August in Mumbai and London. Participants will have the opportunity to gain in-depth knowledge of advanced diamond identification techniques and to have hands-on experience with current production synthetic diamonds and the latest detection technology. Taught…
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7 June
Maya Magal to open third store in London’s King’s Cross
British jewellers Maya Magal London are to open their third store at Coal Drops Yard, the new shopping district at King’s Cross, in October 2018. Following recent openings in Islington and Marylebone, the shop will affirm the brand’s retail presence in the capital and provide a flagship location for the…
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7 June
Raw Pearls extends product gallery
UK pearl jewellery supplier Raw Pearls has expanded the product gallery on its website. Mintel recently published a report called ‘Jewellery & Watches Retailing UK’ that revealed how 62% of jewellery and watch consumers research online ahead of going into a store to shop. The company said it has responded…
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6 June
Watchshop remains top of ecommerce market despite 22% drop in visibility
Despite a 22% decrease in their visibility over the past year, Watchshop remains top of the jewellery and watch ecommerce market, a new report has revealed. The Watches E-Commerce Insight Report, produced by digital marketing specialists Inside Online, ranks 50 of the leading websites within this competitive market according to…
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6 June
Signet achieves 81% online sales growth in Q1
Jewellery retail group Signet Jewelers, which owns H Samuel and Ernest Jones, has reported a 5.5% increase in total sales for the 13 weeks ending May 5, 2018. The company’s total sales for the quarter reached $1.5bn (£1.1bn), up 4.3% on a constant currency basis, with the increase in sales…
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