Buyer

E-commerce platform for independent retail launches

Retaissance, a new global platform for independent brands and buyers, is set to unveil its soft launch this week. Independent brands will be able to use Retaissance to build a “comprehensive” online profile, which highlights their key features and brand values. It can also showcase a chosen selection of standout…

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Christie’s fine jewels sale achieves £4m

A Christie’s fine jewels suction has achieved £4.2m, in a sale that “confirmed the strong interest for fine jewels”, the auction house has said.  The top lot of the sale was sapphire, diamond and ruby desk clock by Van Cleef and Arpels that hails from the personal collection of Jacqueline…

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Demand for mechanical and vintage timepieces on the rise

The Sale Room has reported a “significant” increase in demand for mechanical watches and vintage timepieces in the month since the nationwide lockdown began.   The marketplace for art, antiques and collectables auctions said that these items have seen a 13% increase in demand on thesaleroom.com since 23 March.  It added…

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Oroarezzo show moved to July amid Covid-19 Pandemic

Italian Exhibition Group (IEG) has decided to move Oroarezzo 2020 (OA) to July and said it is working to “guarantee” customers, visitors, partners and its own workers, with the highest safety standards. OA 2020 will be held from 18  to 21 July in the Arezzo Expo Centre with a “proactive…

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The trillion-dollar club has gained Google as a member

Remember at school when teachers used to explain how one million was an essentially incomprehensibly large number? I recall one of mine showing the number represented on a huge rolled out piece of paper as wide and long as a carpet, with precisely one million individual dots. I was about…

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Istanbul Jewelry Show reports 12% increase in foreign visitors

The Istanbul Jewelry Show has reported a 12% increase in the number of international visitors at its October 2019 exhibition Some 51% of the visitors were from abroad. The exhibition whereby over 800 companies and brands from 20 countries showcased their products, was visited by 20,172 sector professionals from 127…

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Embracing supply chain traceability

The jewellery sector has traditionally been an old-fashioned industry with few tech innovations. A large amount of purchases involving high-value products are typically done in person with established and trusted relationships. But this appears to be changing, slowly but surely. The industry is embracing new technology advances such as blockchain.…

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Links of London enters administration placing 350 jobs at risk

British jewellery brand Links of London has entered administration, placing around 350 jobs at risk.  Matt Smith and Dan Smith, restructuring partners at Deloitte, have been appointed as joint administrators to the company. The brand is owned by the Greek Folli Follie Group, with headquarters in London, and sells luxury…

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FF Group searching for Links of London buyer

Links of London owner Folli-Follie Group (FF Group) has confirmed that it has appointed firms Deloitte and Savigny to the potential sale of the retailer. Last week Sky News reported that the group had been looking for a new owner, with sources telling the broadcaster it was “almost inevitable” a…

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Funding your jewellery business

It will come as no shock to hear that the jewellery market is exceedingly competitive, with countless retailers out there offering customers a wide range of styles, at a varying range of price points. However, jewellery is always in high demand; research shows that annual global sales of €148bn are…

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