News
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May- 2016 -16 May
High street footfall reaches two-year low
The high street has seen its deepest decline in footfall since February 2014, as shopper numbers fell by 4.6% in April. The latest Footfall and Vacancies Monitor from the British Retail Consortium (BRC) and Springboard found that overall retail footfall fell 2.4% compared with the same month last year, although…
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13 May
Hatton Garden BID outlines ยฃ2.5m investment plans
Proponents of the Hatton Garden Business Improvement District (BID) have announced plans for a ยฃ2.5m investment into the local area over the next five years. The plans were announced at an event last night (Thursday, 12 May) hosted by NatWestย Bank, where Gary Williams – chairman of the Hatton Garden BID…
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12 May
UK gold jewellery demand up 1% despite worldwide decline
Demand for gold jewellery in UK increased by 1% in the first quarter of 2016, despite an overall gold jewellery decline. Thatโs according to the latest report from the World Gold Council (WGC), which found global gold jewellery demand fell 19% in the first quarter of the year to 482…
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12 May
Lewes jewellers hit by daylight smash-and-grab
Police are appealing for witnesses after a jewellery store in Lewes, Sussex, was by a smash-and-grab. The incident – involving a masked man – took place at David Smith Jewellery in the townโs high street at about 1:45pm yesterday (Wednesday 11, May). Items including rings, necklaces and bracelets, with a…
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10 May
Retail sales fall flat in April amid cold weather
Retail sales fell flat for the second consecutive month after unseasonably cold weather kept consumers away from the high street, according to new research. The latest Retail Sales Monitor, from the British Retail Consortium (BRC) and KPMG, found like-for-like sales were down 0.6% compared with the same month last year,…
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9 May
Leicester jewellers creates ยฃ225,000 Premier League trophy ring
Leicester-based Lumbers Jewellers has created a one-of-a-kind Premier League trophy ring, following the shock title triumph from underdogs Leicester City. The handcrafted ring – featuring a brilliant-cut diamond in excess of 5.01-carats and certificated as G colour and VS clarity – has been designed to represent the Premier League trophy.…
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9 May
Lucara sells rough diamond for record-breaking ยฃ43.5m
Diamond production firm Lucara has announced it has achieved the highest price ever achieved for the sale of a rough diamond. The 812.77-carat type IIa rough diamond, which was recovered from the Karowe mine in Botswana in november last year, has been sold by the company for $63m (ยฃ43.5m). As…
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6 May
Jewellery store manager recalls moment she chased off knife-wielding raiders
The manager of a jewellery store in Hampshire chased off two armed robbers after they tried to smash their way into the open store. The attempted smash-and grab took place at 10:50am on Wednesday, 27 April, at David Mellor Jewellers in Andover, when the two offenders approached the store on…
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5 May
W.E Clark & Son earns accreditation as Living Wage employer
Sussex-based jewellery retailer W.E Clark & Son has announced it has officially been accredited as a Living Wage employer. The Living Wage commitment will see everyone working at the company – regardless of whether they are permanent employees or third-party contractors – receive a minimum hourly wage of ยฃ8.25. This…
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