News
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Mar- 2015 -11 March
WFDB highlights falling profits at executive meeting
The World Federation of Diamond Bourses (WFDB) has highlighted the falling profits of polished diamonds at an executive meeting in China. The discussion took place at the WFDB executive committee meeting and Asia-Pacific presidents’ summit held in Shanghai on March 9 and 10. Regional WFDB presidents, including president Ernie…
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10 March
Beaverbrooks named in Sunday Times ‘100 Best Companies to Work For’
Family-owned Beaverbrooks has been recognised as the best mid-sized retailer to work for in the UK, coming 19th on the Sunday Times 100 Best Companies to Work For 2015. Celebrating its 12th consecutive year in the top 100, Beaverbrooks ranked 19th in the 250 to 5,000 employee range, seeing off…
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10 March
Retail sales edge up in February
UK retail sales increased by 0.2% in February on a like-for-like basis compared to the same time last year. This is according to the British Retail Consortium’s BRC-KPMG Retail Sales Monitor which found on a total basis, sales were up 1.7%, against a 0.7% rise in February 2014. Adjusted for…
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10 March
Jeweller scoops prize at Heart of Manchester Retail Awards
Manchester-based Christopher James Jewellers has picked up the Retail Team of the Year gong at the inaugural Heart of Manchester Retail Awards. The awards were created to celebrate Manchester’s retail environment including the city’s mix of high street stores, department stores, luxury and independent stores. A statement from Heart of…
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9 March
Cash stolen from Bradford jewellers by armed thieves
A jewellery store in Bradford has been targeted by armed raiders who made off with an undisclosed sum of cash. A member of staff at the Cash for Gold, located on James Street, was forced to hand over a box containing cash by a masked pair at around 10am on…
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9 March
Valentine’s Day sales increase in 2015
Jewellers benefitted from a strong Valentine’s Day as sales of jewellery were up 7.3% in February compared to the same month last year, according to new figures. This is according to Barclaycard’s monthly consumer spending index which shows that, following a slight dip at the start of the year, retailer…
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6 March
Man arrested in connection with jewellery store robbery
Police and Edinburgh have arrested and charged a 24-year old man in connection with an armed robbery on a jewellery store in Edinburgh. The robbery took place at around 9:30am on March 2, when a robber went into Laing The Jewellers on Frederick Street before threatening staff with a gun…
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5 March
Polished diamond prices continue decline in February
Polished diamonds continued to decline in February despite “improved sentiment” ahead of the Hong Kong International Diamond, Gem and Pearl show. This is according to the RapNet Diamond Index (RAPI) which found prices for 0.30-carat diamonds declined by 1.3%, 0.50-carat diamonds fell by 1.4% and 3-carat diamonds decreased in price…
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4 March
GIA and De Beers to discuss synthetics at Basel
Researchers from the Gemological Institute of America (GIA) and De Beers will discuss ‘concerns’ over synthetic diamonds at GIA GemFest at Baselworld, March 22. GIA said that technology for creating synthetic diamonds has “improved significantly” over the last decade and, as a result, gem-quality synthetic diamonds have appeared in greater…
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4 March
Shop prices continue to decline in February
Shop prices declined for the 22nd consecutive month in February, driven mainly by the falling prices of non-food items such as clothing and electrical goods. Figures released today by the British Retail Consortium (BRC) and research body Nielsen show that shop price deflation accelerated to 1.7% in February, after falling…
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