Year: 2018
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Jan- 2018 -15 JanuaryEconomy
High street sees sharpest footfall decline in four years
New figures from the British Retail Consortium (BRC) and Springboard show footfall in the month of December suffered its sharpest decline since March 2013 Total UK retail footfall fell by 3.5% compared with December 2016, while the high street saw a sharper drop, down by 4.6%. Shopping centres suffered a…
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15 JanuaryEconomy
Israel Diamond Exchange announces diamond-based cryptocurrencies
The Israel Diamond Exchange (IDE) will unveil two new diamond-based cryptocurrencies at the next 2018 International Diamond Week in Israel (IDWI) Created by startup Carats.Io, the group will host a seminar introducing its new diamond-backed financial instruments and explain the benefits it could have for the diamond industry. Carats.Io will…
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12 JanuaryRetailers
Partnership with retailers drives digital growth for Adore Jewellery
Adore Jewellery has grown its digital presence thanks to partnerships with some of the UK’s largest retailers. The Swarovski Group brand said it has seen increased online sales following a partnership with jewellery e-tailer The Watch Shop, and national department stores Debenhams and House of Fraser. Following the partnerships, Adore…
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12 JanuaryE-Commerce
Shoppers make 80% of retail purchases online
Online shoppers in the UK make 80% of their retail purchases online, up from 74%, according to a new report. The Royal Mail’s ‘Delivery Matters’ report found that the proportion of money being spent online has increased year on year. The average online shopper spends £40 each month on clothes…
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11 JanuaryAppointments
Investors flee Pandora in 15% share price fall
Pandora’s shares have plummeted by almost 15% in January so far, the largest drop in market capitalisation the company has seen in six years. The bracelet and charms jewellery brand reported 2017 sales of 22.8bn Danish crowns (DKK) (£2.6bn) were up by 15% in local currencies, but below its…
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11 JanuaryCelebrities
Dell and Nikki Reed to harvest gold from old laptops for new jewellery line
Computer giant Dell and actress, entrepreneur and activist Nikki Reed have announced a jewellery collaboration in support of the sustainable design movement. The ‘Circular Collection’ by Bayou with Love and Dell is a new, limited edition jewellery collection made in the US and sourced from gold recovered from Dell’s recycling…
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11 JanuaryCrime
Jewellery worth €4.5m stolen during armed heist at Ritz Paris hotel
Armed robbers made off with an estimated €4.5m (£4m) worth of jewellery in a smash-and-grab heist at the Ritz Hotel in Paris. According to The Guardian five masked men entered the hotel armed with knives and hatchets at 6:30pm on 10 January 2018, using axes to smash several display cabinets…
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10 JanuaryDesigners
Gemfields and Fabergé unveils ‘world first’ laser inscribed emerald
Gemstone supplier Gemfields and fine jewellery specialists Fabergé have unveiled what they claim is the world’s first laser-inscribed emerald. The 4.11 carat, green emerald-cut gemstone was mined at Gemfields’ Kagem emerald mine in Zambia. It was then acquired and mounted by Fabergé as a custom-crafted item for the winner of…
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10 JanuaryE-Commerce
Investment boosts online sales for Buckley London
Fashion jewellery brand Buckley London has announced that it increased its online sales by 29% compared to the previous year. It attributed this growth to investment in the ‘customer journey’ over the last 12 months, saying it has implemented a host of improvements in 2017 to further enhance the shopping…
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9 JanuaryEconomy
UK retail sales show marginal growth over Christmas
UK retail sales showed less growth over Christmas than they did last year, according to figures from the British Retail Consortium (BRC). Retail sales increased by 0.6% on a like-for-like basis from December 2016, which was a decline compared to an increase of 1.0% from the preceding year. Over the…
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