Year: 2020

Tiffany unveils renovation plans for flagship store

Tiffany and Co has unveiled the exterior renderings regarding the renovation of  its Fifth Avenue flagship store.  The upper addition of the 10-story building will be “completely reimagined” into a new exhibition, event and clienteling space, having previously operated as office space.   The structure will be surrounded by a “curtain”…

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DEMI+CO launches wholesale range

Demi and Co has announced the launch of a new magnetic jewellery range for the wholesale market following a “phenomenally successful” first year of trading.  After launching its website and creating the ALPHA mens brand, the group said that customers were purchasing their copper and magnetic bracelet range at a…

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Retail jobs in sharpest fall since 2009

Retail employment fell at the fastest rate since February 2009 in the year to August, with an even sharper decline anticipated in the year to September, according to the CBI’s latest monthly Distributive Trades Survey. The survey – which featured 63 retailers among its 128 respondents – also showed a…

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How COVID-19 has impacted global supply chains

The impact of COVID-19 has been swift and devastating to those directly affected. Not just from a health perspective but also for businesses who had to promptly close their doors as the country went into lockdown, particularly those in hospitality and retail. And as we now slowly emerge from these…

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UK footfall accelerates fourfold 

Footfall in UK retail destinations rose by 4.1% last week against the week before, marking a “significant” acceleration in the prior week’s rise of 0.8%, and 1.8% rise in the same week last year.   According to the latest data from Springboard, this was largely driven by rises in footfall of…

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Gemological Science International appoints chief learning officer

The Gemological Science International (GSI) has appointed Alethea Inns as its new chief learning officer.  The new role is part of the institute’s commitment to ongoing education programmes, courses and tools for the jewellery trade and consumers.   GMI refers to Inns as a “seasoned professional”, who brings with her an…

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IJL 2021 cancelled 

Organisers of International Jewellery London (IJL), Reed Exhibitions, have confirmed that the 2021 edition of the event will no longer go ahead.  Reed Exhibitions cited ongoing uncertainty surrounding the Covid-19 pandemic as the reason for the event’s cancellation.  News of the cancellation comes two months after exhibitors announced that IJL…

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Maya Gemstones launches engagement ring collection

Maya Gemstones has announced the launch of a “unique” engagement ring collection, following a rise in bespoke sales of engagement rings during the pandemic. The new ‘Perfect Ring’ collection features options in brushed 18ct white, yellow and rose gold, with Maya Cut stones, including diamond, pink tourmaline and sky-blue topaz. …

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Céline Assimon named as new De Beers CEO

De Beers Group has announced that Céline Assimon will succeed François Delage the new CEO of De Beers Jewellers.  Having worked at De Beers Jewellers for a decade, Delage will step down as CEO at the end of September. Following his departure, Assimon will join the business on 1 September…

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Record economic growth anticipated for Q3

The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp declines in GDP at the peak of the Covid-19 pandemic in Q2. According to the Financial Times (FT), City of London economists have predicted a 14.3% rise in GDP for…

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