News
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Dec- 2014 -9 December
Black Friday helps online sales hit new record
Online sales of non-food products grew by 12% in November compared to a year earlier, according to the BRC-KPMG Online Retail Sales Monitor.ย In November online sales represented 21% of total non-food sales in the monitor, against 19.6% in November 2013. This is the highest penetration rate since the monitor…
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9 December
UK to become largest luxury goods market in Europe by 2018
Luxury Goods retailing in Europe is forecast to reach $150bn (ยฃ96bn) by 2018, with the UK set to overtake France and Italy to become to become the leading luxury shopping market by 2018.ย This is according to forecasts from retail research agency Conlumino, which says that jewellery and watches is…
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8 December
Domino set to launch new wedding ring collection at Spring Fair
Domino has announced that it will use its stand at Jewellery and Watch Birmingham to launch its new wedding ring collection.ย The collection will include a selection of bi-colour bands available in platinum as well as 18ct white, yellow and rose gold, and is entirely British-made. The company has also…
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8 December
Hallmarking set to top 10m items for first time in three years
The total number of hallmarked items is set to top 10 million for the first time since 2011, the latest data from the four UK assay offices suggests. Overall hallmarking figures, collated by the Assay Office Birmingham, dropped by 7.8% in November compared with the same period last year, mainly…
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8 December
Chisholm Hunter opens fourth store in 2014
Jeweller Chisholm Hunter has opened its second Edinburgh store, located in the cityโs Gyle Shopping Centre.ย The opening marks the retailerโs fourth new store opening of 2014, including its Bromley store which opened in October and two other stores located in Kingston-upon-Thames and Glasgow. The shop has created 10 new…
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8 December
Online shoppers set to spend ยฃ676m on โManic Mondayโ
Online shoppers are set to outstrip โCyber Mondayโ today (December 8) with 151 million visits to online retail sites and a total spend of ยฃ676.5m.ย This is according to new figures produced by global information services company, Experian, in conjunction with IMRG, which has tipped online Christmas shopping to set…
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5 December
ยฃ100k jewellery thieves ‘could be at large in Hampshire’
Detectives investigating the alleged armed robbery of a jewellery store in Sheffield have issued CCTV images of two men they would like to speak to in connection with the incident, and they believe they could be staying in Andover or elsewhere in Hampshire. Police were called at around 11am on…
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5 December
Dreweatts’ ยฃ1.2m fine jewellery auction
Dreweatts achieved stellarย results in a day of luxury sales at their London saleroom on 27 November, with prices totalling over ยฃ1 million. Fierce international bidding saw iconic jewels by the master jewellers and high jewellery ateliers of the 20th Century including Bulgari, Graff and Jean Schlumberger, steal the show and…
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4 December
Allum & Sidaway picks up Retail Experience win at Dorset Awards
Independent jeweller Allum & Sidaway has been awarded the Retail Experience award at the 2014 Dorset Business Awards.ย The independent jeweller was the finalist in two different categories; the Princecroft Willis Family Business Award and the Retail Experience award, and won the Retail Experience award for its โsuccess and entrepreneurial…
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4 December
Polished diamond suppliers reduce prices in November
Polished diamond prices fell in November as suppliers lowered prices in an effort to improve cash flow, according to Rapaportโs Rapnet Diamond Index (RAPI).ย The price for 1-carat laboratory-graded diamonds declined by 1.7% in November, while 0.3-carat diamonds fell 2.2% and 0.5-carat diamonds dropped 1.6%. Three-carat diamonds decreased by 1.8%…
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