Year: 2019
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Jun- 2019 -12 JuneCrime
Police investigating Carlisle jewellery store robbery
Police investigating a robbery in Carlisle city centre are appealing for anyone who might have seen a car involved in the incident to contact them. Two men arrested in connection with the robbery at St Nicholas Galleries in Bank Street at about 2.20pm 6 June remain in custody. According to…
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11 JuneAnalysis
Making finance more engaging
An engagement ring is one of the most exciting purchases many individuals (or couples) can make. Marriage proposals are causes for joy and celebration. However, the average engagement ring spend in the UK stood at (a not insignificant) £1,483 last year – a huge 89% increase on the year before,…
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11 JuneInternational
Former president of the GIA Glenn Nord dies
Glenn Nord, member of the GIA Board of Governors and past president of the Institute, died on Sunday, 9 June. Throughout his more than 50-year association with GIA, Nord was a student, instructor, president and member of the Institute’s board of governors. Nord, who turned 90 in 2018, earned his…
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11 JuneRetailers
Amazon reduces selling partner fees for jewellery and watches
Online retail giant Amazon has introduced a new tiered referral fee for jewellery and watch selling partners across Europe. According to the retailer, this will “significantly” reduce the cost of selling jewellery and watches priced over €250/£225. The changes are: Watches referral fee changing from a flat 15% in the…
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10 JuneAnalysis
Marketing yourself online
For the most part, a jewellery business has a secure market. There will always be a demand for jewellery for special occasions. In the past, high street jewellery stores relied on this to make sales, but now with the advent of the digital age, everything has changed. It is hard…
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10 JuneRetailers
Footfall ‘plummets’ in May
Footfall declined by 3.5% in May, compared with the same point last year when it declined by 0.4%, according to the latest BRC-Springboard Footfall and Vacancies Monitor. On a three-month basis, footfall decreased by 0.7%. The six and 12-month averages are at -1.3% and -1.4% respectively. High Street footfall declined…
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10 JuneAppointments
Women’s Jewellery Network announces new ambassadors
The Women’s Jewellery Network (WJN) has announced its new cohort of ambassadors. It follows an extensive process which saw more than 100 applicants and 28 days of interviews. Commenting on the launch, MD Victoria McKay said: “This has been a truly humbling, inspiring and challenging process. We were overwhelmed by…
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7 JuneRetailers
Signet sees Q1 sales fall
Signet Jewelers, the parent company of UK retailer H Samuel and Ernest jones, has seen total sales and same stores fall during the first quarter of the year. For the 13 weeks ending 4 May 2019 Signet posted revenues of £1.43bn (£1.12bn) down 3.3% from the previous year while same…
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7 JuneAnalysis
The changing face of jewellery retail
The world as we know it for jewellery is one of luxury, enticement and wonder – but the UK customer tends to prefer a very middle ground. With diamonds it’s nice and white, clean to the eye – G/H VS/SI – and for coloured gemstones it’s traditional, not too garish…
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7 JuneCrime
Police appeal following robbery at Harringay jewellers
Detectives in Harringay, London have released CCTV footage of three men they wish to trace in connection with a commercial robbery of the Italgold Jewellery store, during which a woman was attacked. According to the Metropolitan Police, on Monday 15 April at 12:45pm, a man walked into a jewellery shop…
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