Year: 2019

July consumer spending hits record low

UK consumer spending in the month of July fell to a record low despite the good weather, according to the latest statistics from the British Retail Consortium (BRC) and KPMG. On a total basis, sales increased by 0.3% in July, against an increase of 1.6% the previous year, it is…

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Family-run Newry Jewellers unveils expansion plans

Newry-based Jack Murphy Jewellers has announced it has plans in place to extend into the corner building next door to the already established Hill Street showroom, acquiring an additional 2,760 sq ft of retail and office space. Work has already begun, with hopes to have the expansion completed in time…

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Hatton Garden heist ringleader sent back to prison 

One of the ringleaders of the Hatton Garden jewellery heist, John Collins, has been jailed for three years after failing to pay back millions of pounds that were stolen during the robbery. Collins was originally ordered to pay £7.3m, but Westminster Magistrates’ Court heard he had “neglected to co-operate”, according…

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Annoushka Ducas announces winner of CSM Graduate Award

British jewellery designer Annoushka Ducas has announced the 2019 winner of the Annoushka Award for Outstanding Design in partnership with Central St Martins. For the fourth year running Ducas presented her award for Outstanding Design to a BA jewellery design graduate who has displayed “real ingenuity and creativity through their…

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Targeting millennial jewellery shoppers

Millennials have been called a generation of industry-killers. The buying trends of this iconoclastic age group have severely dented several industries, including beer, napkins and mayonnaise. The spending power (or, more importantly, non-spending power) of millennials shouldn’t be underestimated. Forbes declared them the generation with the highest buying potential. So,…

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Spencer Matthews launches new Eden Rocks diamond jewellery business

TV celebrity Spencer Matthews has officially launched a bespoke luxury diamond jewellery business Eden Rocks. The former Made in Chelsea personality turned businessman was inspired to start Eden Rocks when working with jeweller Neil Duttson on the engagement ring for his now-wife, TV presenter Vogue Williams. Spencer was “so impressed”…

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LushChic announces new BeeAlive collection

Cardiff-based fine jewellery studio LushChic has released its new BeeAlive collection, a selection of gold earrings, bracelets and necklaces which draw from natural inspiration in their aesthetic. Recognising the need to give back to our planet and take responsibility for the environment, the company will donate 10% of all BeeAlive…

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London Diamond Bourse agrees 5-year lease to stay in Hatton Garden

The London Diamond Bourse (LDB) has announced it has agreed and signed a new lease on their current premises which will see them continue to trade in Hatton Garden for the next five years. The London Diamond Bourse, a member of the World Federation of Diamond Bourse, and is located…

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Retail employment falls 2.3%, 14th consecutive quarter of decline

Retail employment has fallen by 2.3% during the three-month period ending 30 June, marking the 14th consecutive month of decline. According to the figures from the BRC, the decline is equivalent to around 72,000 more jobs lost than compared to the same period last year. Full-time employment also saw a…

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Versus & Versace announces new AW19 collections

Versus and Versace has announced its new AW19 collection watches. Included in the collection is the new Chain Reaction watch, inspired by the namesake sneaker collection, of which it features the same “distinctive” pattern. Topping the case, the bezel is “enriched” with three screws, the Greca and a striped pattern…

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