News
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Nov- 2014 -11 November
Bridlington thieves make off with £400k of jewellery
Griffin Jewellers in Prospect Street, Bridlington, was yesterday hit by thieves who cut a square hole in the store’s window before stealing a reported £400,000 worth of diamond rings. It is reported that the thieves took 15 seconds to cut the hole and were gone in just over one minute…
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11 November
Teeside jeweller hit by armed robbers
Market Cross Jewellers in Yarm, Teeside, has been hit by an armed robbery with hundreds of thousands of pounds worth of jewellery believed to have been taken. Cleveland Police have confirmed that four offenders in balaclavas entered the store just before 5pm on Monday, armed with “bladed or edged” weapons.…
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11 November
Gem-A and Australian counterpart sign co-operative membership agreement
The Gemmological Association of Great Britain (Gem-A) and the Gemmological Association of Australia (GAA) have signed an agreement allowing fellows from either body to take fellowship with the corresponding association. The agreement will take effect in 2015 and comes as the two associations pledge to begin a new era of…
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11 November
Online sales grow by 15.4% in October
Online sales in the UK grew 15.4% in October compared with the same time last year, according to the BRC-KPMG Online Retail Sales Monitor for October. In October online sales represented 18.2% of total non-food sales, compared to 16.5% in October last year. This is the highest penetration rate since…
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7 November
Jewellery spurs 2% sales rise for Richemont Group
Richemont, the Swiss luxury goods group, has reported a 2% rise in sales citing the “international demand for jewellery” which saw the group’s jewellery sales grow by 10% at constant exchange rates. In its unaudited consolidated financial results for the six months ended September 30 2014, Richemont reported a 2%…
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6 November
BJA Launches its Jewellers Social Responsibility Framework
The British Jewellers’ Association (BJA) has announced the launch of its Jewellers Social Responsibility (JSR) framework, aimed at SMEs working in the UK jewellery industry. The JSR framework aims to outline the ways in which the basic principles of corporate social responsibility (CSR) can be adapted and adopted by small…
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6 November
Eighties jewellery prices ‘soaring’, says Bonhams
Eighties jewellery such as giant hoop and drop earrings, torque bangles and sprung-collar necklaces are back in vogue with prices soaring, according to auction house Bonhams. According to Bonhams collectors and investors are reappraising key designers as bold, colourful and outgoing jewellery is becoming increasingly popular in the auction rooms.…
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6 November
Michael Kors reports upbeat Q2 results
Fashion accessories brand Michael Kors has reported strong Quarter 2 (Q2) results with its total revenue increasing by 42.7% to $1.1bn (£688m) from $740.3m (£464m). European revenue grew 108.6% to $237.9m (£149m), with comparable store sales increasing 41.1%. Retail net sales increased 39.4% to $495.6m (£310m), according to the company…
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6 November
JCM launches flagship London boutique
Fashion jewellery brand JCM London has opened its first store in Knightsbridge, London. Located on the exclusive fashion street, Beauchamp Place, the store was officially opened on November the 4. The new store will show off JCM’s range of semi-precious stone collections. Mehmet Topbas, managing director of JCM London, said:…
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5 November
American Express supports SMEs with ‘Small Business Saturday’
American Express has launched a marketing campaign to support small and medium sized enterprises (SMEs) ahead of Small Business Saturday. Small Business Saturday, which takes place on December 6, is an initiative that aims to “support, inspire and promote” small business across the UK. American Express – founder of Small…
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