Month: July 2015
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Jul- 2015 -15 JulyDesigners
Vashi seeks funding for retail expansion
Diamond e-tailer Vashi has launched an £850,000 fundraise on equity crowdfunding platform VentureFounders to raise capital for a high street presence. With the bulk of the firm’s sales predominantly made online, Vashi is seeking to raise £850,000 in this Enterprise Investment Scheme (EIS) eligible round, at a pre-money valuation of…
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14 JulyRetailers
Goldsmiths announces refurbishment of Coventry showroom
Goldsmiths has announced a major refurbishment of its Coventry showroom. The refurbishment will include a dedicated TAG Heuer branded area and a separate fashion area. Casio will also be included in a product offering which already includes Gucci and Vera Wang Love, and brands such as Tissot, Citizen, Hugo Boss, Emporio Armani,…
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14 JulyEconomy
June hallmarking jumps 12.3%
The total number of hallmarked items surged 12.3% in June, an increase of 94,023 articles when compared with the same month in 2014. This is according to data released today by the four UK assay offices – and compiled by the Birmingham Assay Office – which found the total number…
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14 JulyEconomy
UK inflation rate falls back to 0%
The UK inflation rate fell back to 0% in June after rising to 0.1% in May, according to official figures released today. A fall in clothing and food prices were the main contributors to the change in the rate along with smaller rises in air fares than a year ago,…
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14 JulyEconomy
UK retail sales record strongest growth in 18 months
UK retail sales recorded their strongest growth in 18 months as sales increased 1.8% on a like-for-like basis from June 2014, when they had decreased 0.8% on the preceding year. This is according to the British Retail Consortium (BRC) and KPMG Retail Sales Monitor which found that, on a total…
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13 JulyAnalysis
SPONSORED: Assetsure set to pay jewellers for insurance leads
Assetsure, a specialist insurance provider, is set to pay jewellers for insurance introductions rather than the traditional method of remuneration, which involves only receiving commission after a sale has been concluded. This new method of payment means that a jeweller will be paid £5 for every introduction to a customer…
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13 JulyWatch Focus
SalonQP to return to Saatchi Gallery in November
SalonQP, the Telegraph-owned exhibition of luxury watches, will be returning to London from 12-14 November 2015, it has been announced. The event, which has been running since 2009 and has become one of the foremost shows in the luxury watches market for Europe, will be held again in the Saatchi Gallery…
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13 JulyInternational
VIDEO: Mila Kunis stars in Gemfields promotional film
Gemfields’ brand ambassador and Hollywood actress Mila Kunis has appeared in a new short film from the coloured gemstone supplier, celebrating the launch of its Mozambican rubies. The film, directed by art photographer Jeff Burton, features Kunis wearing bespoke piece of jewellery and explores the “mystery and allure” of rubies…
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10 JulyAppointments
Tiffany & Co appoints Philippe Galtié as senior vice president
Tiffany & Co has announced the appointment of Philippe Galtié as its new international senior vice president, effective from August 17. Galtié began his career with a range of general management and global marketing roles at Moët-Hennessy, Mars Inc, Eridania Beghin Say and the Nestlé Group. For the past 15…
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8 JulyCurrent Affairs
Summer Budget 2015: National Living Wage to be introduced
Chancellor George Osborne has announced the launch of a new National Living Wage that will be launched from April next year. Delivering his emergency budget speech earlier today, Osborne announced that all businesses across the UK will have to pay working people over the age of 25 at least £7.20…
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