News

Shop price deflation remains low in April

Shop prices continued to fall in April, albeit at a slower pace, falling 1.9% compared with the same time last year following a record low of 2.1% in March.  This is according to the latest BRC-Nielsen Shop Price Index which found on a 12-month average basis, the index reported deflation…

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Watchfinder founders shortlisted for entrepreneur of the year award

Co-founders of watch etailer Watchfinder, Stuart Hennell and Lloyd Amsdon, have been shortlisted for the Ernst & Young Entrepreneur of the Year Award 2015 regional finalists.  The brand is just one of 34 companies to be shortlisted after months of interviews and detailed financial and internal structure auditing, for its…

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A plant that sniffs out diamonds

Scientists have discovered a rare plant that only appears to grow directly above kimberlite pipes – columns of rock left by eruptions which have historically brought diamonds to earth’s surface. This is according to the website of the renowned scholarly journal Science, which says the plant, known as Pandanus candelabrum, is the first known…

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Industry vote opens for IJL’S ‘People’s Choice’ KickStarter

The International Jewellery London (IJL) KickStarter competition is now open to the industry to vote for the ‘’.  The designers have been encouraged to campaign for votes across social media channels, and the overall winner will be given a free stand in the Design Gallery at IJL 2015. Sam Willoughby,…

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Retail sales growth eases unexpectedly in April

Growth in retail sales volumes slowed unexpectedly in the year to April but is forecast to pick up again next month, according to the latest CBI Distributive Trades Survey (DTS).  In the survey of 122 firms, 30% of respondents said volume were up on a year ago, and 18% said…

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Carat extends partnership with BAFTA Television Awards

Luxury fashion jewellery brand Carat has announced it has extended its partnership with the House of Fraser British Academy Television Awards.  Carat, the official jewellery partner, said that it is “proud” to extend its partnership with the event for the fifth year running. Carat said that last year’s awards were a…

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Consumer confidence holds steady at 12-year high

Consumer confidence held steady in April at its highest level since 2002, according to new figures from research firm GFK.  Its latest Consumer Confidence Barometer stayed at 4 during the month. Of the five measures used to calculate the index, two have stayed the same, two have seen increases and…

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WFDB presidents prepare to discuss ‘critical’ issues

The Presidents of the World Federation of Diamond Bourses (WFDB) are preparing to discuss “critical” issues at its next presidents meeting in Tel Aviv, Israel.  The bi-annual meeting, which will take place between June 14 to 16, has been cited by WFDB president Ernie Blom as “one of the most…

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Click & collect to grow by 20% per year, says IMRG

Click & collect services will continue to grow 20% per year according to a new report from the e-commerce industry association, IMRG.  The IMRG CollectPlus UK Click & Collect Review 2015 report said that there is a “clear and developing” evidence that mobile shoppers are primary click & collect shoppers,…

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Trollbeads introduce copper for first time

Danish jewellery brand Trollbeads is set to introduce copper into its jewellery collection for the company’s first time.  The bead on jewellery brand will launch a copper bangle, copper stoppers (which secure the bead in place on the bangle) and a copper bead on Thursday, April 30. Copper is a…

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