Year: 2020

LVMH plans counter lawsuit against Tiffany & Co

LVMH has announced it plans to file a counter lawsuit against Tiffany & Co after the collapse of a takeover deal. Tiffany & Co filed a lawsuit against the company after LVMH cancelled its proposed $16.2bn (£12.4bn) acquisition of the French luxury retailer earlier this week. The initial lawsuit was…

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125,500 retail jobs lost since start of 2020

Some 125,515 retail jobs have been lost since the start of 2020, according to the latest data from the Centre for Retail Research (CRR). Of this figure, 43,381 jobs were lost through administrations, 10,556 through CVAs and 71,578 through rationalisation schemes. The UK’s embattled high street has also seen the…

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Hublot launches Big Bang Ferrari 1000 GP

Hublot has announced that it will mark the Scuderia Ferrari 1000th Grand Prix by launching the Hublot Big Bang Ferrari 1000 GP on 13 September.  The model is available in two versions, with both released in a limited edition of 20 pieces. According to the brand, the first of the…

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Fellows auctions rare Hennell bracelet

A rare Art Deco diamond bracelet from jewellery designer and silversmith Hennell is now up for auction at Fellows.  The piece is set entirely with diamonds, and marks the first Hennell jewellery to be sold by the auction house.  The bracelet features as Lot 391 in Fellows’ Fine Jewellery sale,…

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NAJ encouraging consumers to buy jewellery this Christmas

The NAJ  has announced it has actioned a significant fund to deliver a targeted press and PR advertising campaign to influence the general public to buy jewellery this Christmas. The campaign will be delivered by an external PR agency, for a five-figure sum, to influence a targeted group in society…

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Government launches new ‘bounce back’ plan for retailers

A new series of measures has been announced by the UK Government to support businesses in the consumer and retail industries during the Covid-19 pandemic.  The plans, announced by Minister for exports Graham Stuart, will offer immediate support to businesses by ensuring specialists provide advice on online retail and international…

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Cheffins hires jewellery valuations specialist

Cheffins has announced that Fay Roach has joined the auction house from the UK’s largest specialist jewellery valuations company.  Roach is a member of the Institute of Registered Valuers and the Jewellery Valuers Association, and is also an FGA qualified gemmologist. She has previously worked in London’s Hatton Garden in…

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Drakes restores 70-year old watch

Drakes has restored a 70-year old timepiece after it received an email from a customer regarding a watch that was purchased from the family jewellers back in 1950. The timepiece was first purchased by Derrick Hewitt only weeks after Drakes first opened. The watch, which was bought for his sweetheart,…

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Tiffany sues LVMH over merger agreement

Tiffany & Co has filed a lawsuit against LVMH in relation to a prior merger agreement that set out Tiffany’s takeover by the group.  LVMH had initially announced a “definitive” agreement with the luxury jewellers last November, whereby it outlined its intention to acquire the group for $16bn (£12.5bn), or…

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Getting closer to Colombia’s emeralds

Every emerald should tell its own story, from the day the precious gemstone is mined and held to the light for the first time, to the moment the customer holds a jewel of such beauty in their hand. Colombia’s Chivor, Coscuez and Muzo mines produce the finest emeralds in the…

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