News
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Mar- 2017 -15 March
Ivanka Trump ceases production of fine jewellery line
Ivanka Trump’s jewellery brand is set to discontinue production of its fine jewellery line in favour of more affordable collections. The fine jewellery line, which sells diamonds earrings for nearly $10,000 (£8,200) and link necklaces for close to $20,000 (£16,400), will be replaced by more affordable pieces of jewellery such…
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14 March
Hallmarking figures plummet in February
The total number of hallmarked items plummeted 24.8% in February, a decrease of 189,700 pieces when compared with the same month last year. Figures released by the four UK assay offices, and compiled by the Birmingham Assay Office, showed there was a total of 576,610 articles hallmarked during the month…
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13 March
Daniella Draper opens fourth retail store
British jewellery designer Daniella Draper has opened her fourth independent boutique in the Lake District’s Bowness-on-Windermere. The new store opened yesterday (Sunday, 12 March) and features the same white, clean interior as Draper’s three other stores in Cleethorpes, Lincoln and Beverly, with antique cabinets displaying both gold and silver jewellery.…
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13 March
F Hinds to close Andover store after nearly 30 years in the town
Jewellery chain F Hinds has announced it will officially close its Andover store after almost 30 years in the town. The company said the decision to close the store, which will shut up shop on 27 May, was mainly due to the upcoming end of its lease as well as…
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10 March
Shrewsbury jewellers set to close this month
A jewellery store in Shrewsbury is set to close its doors this month after being a fixture in the town for almost 20 years. Gemstone Jewellery first opened in the town’s Darwin shopping centre some 18 years ago, and after 11 years the store moved to its current location on…
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9 March
Same-store sales at Signet’s UK division fall 3.8% in Q4
Jewellery retail giant Signet Jewelers has reported a plunge in sales in the fourth quarter of its 2017 financial year. For the 13 weeks ending January 28, 2017, Signet reporting a 3.8% fall in same-store sales across its UK retail division – comprising Ernest Jones and H Samuel – to…
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8 March
Budget 2017: Government unveils £300m business rate relief fund
The government has helped soften the blow of April’s business rate revaluation with a £300m relief fund for local councils. The announcement was made by chancellor Philip Hammond at today’s Spring Budget, in which he said business rates raise £25bn each year – all of which, by 2020, will be…
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7 March
Alyssa Smith Jewellery named Hertfordshire’s ‘best retailer’
Jewellery design firm Alyssa Smith Jewellery has been named the ‘Best Retailer of the Year’ at Hertfordshire’s Biz4Biz awards. A total of 12 awards were presented at the event hosted by Tewin Bury Farm Hotel in Hertfordshire, with the awards aiming to showcase the best of business in the country.…
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7 March
Non-food retail sales record first quarterly decline in six years
Non-food retail sales fell in the three months to February 2017, making it the first quarterly decline for the category since November 2011. The latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG found non-food retail sales fell 0.4% on a like-for-like basis and 0.2% on a…
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6 March
Asquiths Jewellers in York set to close after 24 years
Asquiths Jewellers on Goodramgate in York is set to close in April due to falling footfall and an increase in rent. The store, which also has a Darlington branch that is not set to close, has been trading in the city for 24 years but will not be renewing its…
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