News
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Jan- 2018 -26 January
Asos reports 23% UK Christmas sales growth
Online fashion and jewellery retailer Asos has revealed retail sales grew strongly in the lead-up to and during the Christmas period. Total retail sales grew by 30% to £790m in the final four months of 2017 when compared with the same period the year before. Sales in the UK also…
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25 January
Cadfolio launches unique shaped wedding ring service
Digital design firm Cadfolio has launched a new service that allows retailers to design custom made wedding rings for customers. Ryan Edkins, founder of Cadfolio, said the demand for custom shaped wedding rings is growing due to the “increase in unique engagement ring designs” being purchased by “couples looking for…
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25 January
Anchorcert appoints new sales director
AnchorCert Group, including Assay Office Birmingham, has appointed new Steve Hamon as its new sales director. Hamon, who was officially appointed in December, has more than 17 years experience as a senior sales and business development professional, including more than four years leading the UK and Eire Product Division for…
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24 January
Luxury jewellery sales will be driven by “influence through emotion” in 2018
The ‘influential power of emotion’ will increasingly drive luxury jewellery sales in 2018, according to Positive Luxury in its 2018 Predictions Report. Positive luxury, a company that partners with luxury retailers to promote sustainability, has released a report detailing their predictions for 2018 in which it states “influence through emotion”…
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24 January
London and New York named key locations for luxury watch brand expansion
London and New York could provide key opportunities for luxury watch brands seeking expansion in 2018. Real estate advisor Savills reported new luxury watch store openings fell globally in 2017, with 37 compared to 44 in 2016. The year also saw openings move away from the traditional Asia Pacific markets…
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23 January
Online retail shows signs of maturing with tough 2018 ahead, says IMRG
The rate of retail sales growth is pointing to a ‘maturing market’, figures from the IMRG Capgemini e-Retail Sales Index suggest. UK online retail sales were up 12.1% on average year-on-year (YoY) in 2017, which was lower than the IMRG’s forecast of 14%. This figures also falls short of 2016’s…
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23 January
Alrosa to auction large rough diamonds at IDWI 2018
Alrosa will be hosting an auction for a selection of special large rough diamonds at the International Diamond Week in Israel (IDWI) 2018, organised by the Israel Diamond Exchange (IDE). The auction will feature rough diamonds over 10.8 carats. All of the stones were mined from deposits owned by PJSC…
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22 January
WB The Creative Jewellery Group sold to Heimerle + Meule
WB The Creative Jewellery Group, which owns Domino, Gecko and Weston Beamor, has been sold to the Heimerle + Meule Group. The group will continue to operate as an independent entity and join a number of other companies operating across the UK and Europe, including Cookson Precious Metals. Heimerle +…
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22 January
RJC announces updated Chain of Custody Standard
The Responsible Jewellery Council (RJC) has announced the launch of its new Chain of Custody Standard (CoC). The CoC standard was launched in 2012 as a voluntary standard for creating a chain of custody for precious metals that are responsibly produced, processed and traded through jewellery supply chains, and that…
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22 January
UK online SMEs ‘confident’ in 2018 sales growth
UK SME online retailers have expressed confidence in the year ahead with 74% anticipating sales will increase in 2018, according to a study commissioned by Royal Mail.Some 70% of retailers asked said they had experienced an uplift in sales in 2017 compared to the previous year. The health and beauty…
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