News
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Oct- 2015 -8 October
Lumbers announces opening of new store
Midlands-based jewellers Lumbers has opened its new store following a £1m relocation and refurbishment. The move, which was announced earlier this year, sees the jewellery retailer move from its 6,500 sq ft store which it occupied for 15 years on Market Street in Leicester, to a new 16,000 sq ft…
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8 October
Shop vacancy levels fall to five-year low
The number of vacant shops in Britain has fallen to its lowest since April 2010, according to new figures from the Local Data Company (LDC). In September, Britain’s shop vacancy levels fell to 12.9%. This was despite the leisure vacancy rate increasing from 8.13% in August to 8.16% in September…
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8 October
Gemfields profits fall despite rise in revenue
Coloured gemstone supplier Gemfields has report total revenue of $171.4m (£112m) – up from $160.1m (£104.6m) last year – in its financial report for 2015. Despite this, the company reported that its pre-tax profits decreased to $12.3m (£8m) for the year ended June 30, 2015 – down from $16.3m (£10.7m)…
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7 October
Gang jailed after Winsor Bishop jewellery raid caught on camera
A gang of six men whose raid on a Norwich city centre jewellers was captured on camera have been jailed for a total of 37 years. The men used picks, axes and sledgehammers to smash their way into the Winsor Bishop store on Wednesday, August 5, at around 10:50am. Dozens…
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7 October
Shop prices down 1.9% in September
Shop prices were down 1.9% in September compared with the same time last year, down from the 1.4% decline in August. This is according to the latest British Retail Consortium (BRC) and Nielsen Shop Price Index which found that non-food deflation accelerated further to 2.9%, from 2.4% in August. On…
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6 October
Carat to open new London store
Fashion jewellery brand Carat has announced that it set to open a new London boutique in Mayfair’s iconic Burlington Arcade. Opening later this month, the new boutique will mark the company’s fourth stand-alone store in the UK and will see the launch of a new design in-line with what Carat…
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6 October
NAJ Awards shortlisted members announced
The National Association of Jewellers (NAJ) has announced the shortlist for its first ever award ceremony. The awards, which will take place on December 3 this year in conjunction with the benevolent ball, offers members of the newly-formed NAJ an opportunity to gain recognition for the excellence of their products…
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5 October
Local councils to receive control of business rates
Local councils are set to get control of business rates following a major overhaul of the system announced by George Osborne today. Speaking at the Conservative Party conference, Osborne announced that councils will be able to set their own level of rates, giving local authorities the freedom to compete with…
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5 October
CBI: September retail sales grew faster than expected
Sales and orders grew at a stronger rate than had been expected in the year to September with the pace of growth expected to continue into October. This is according to the Confederation of British Industry’s (CBI) latest Distributive Trades Survey. The survey of 119 firms showed that sales volumes…
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5 October
Jewellery stolen in Marlow jewellers smash-and-grab
An 18-carat white sapphire and diamond cocktail ring is one of a number of pieces of jewellery stolen during a smash-and-grab raid in Marlow, Buckinghamshire, last month. The robbery took place around 2:40am on Friday, September 18, when a white Vauxhall Corsa was driven into the front of Fullard Fine…
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