Author Archives: Andrew Seymour

Companies that pay their CEO modestly perform better, claims study

Companies that pay their CEO modestly perform better, claims study

Companies that pay their CEOs more modestly perform better financially, new research has claimed.  Vlerick Business School examined the pay levels and habits of CEOs and CFOs in 861 companies in the major stock indexes across Europe, including the FTSE 100 and 250 in the UK, the OMXS60 in Sweden and all listed firms across

3D Systems champions industry innovation as it backs branded jewellery boutiques

3D Systems has been unveiled as the sponsor of the Branded Jewellery Boutique of the Year category at this year’s Professional Jeweller Awards. The company provides a comprehensive portfolio of products and service, including 3D print materials and software, that dramatically increase jewellery manufacturers’ productivity with limited labour and allow more freedom. Nicole Clement, VP

Olivia Burton sold for £60m less than a year after expanding into jewellery

Olivia Burton, the UK fashion watch brand that launched its own line of jewellery last year, has been sold to American watchmaker Movado in a cash deal worth £60m. The brand was only founded by Lesa Bennett and Jemma Fennings in 2011 but has made rapid progress in a short space of time, posting sales of £15m last year.

Charles Green raises minimum wage to attract new talent

Birmingham-based wedding ring and jewellery manufacturer Charles Green has raised its minimum wage to above the legal requirement as it looks to attract new talent and keep current employees happy. With the current national minimum wage standing at £7.50 per hour for those aged 25 and over and the cost of living continuing to rise, the brand said it has made the

Pandora declares ambitions to double jewellery output after huge investment in production

By Stacey Hailes in Thailand The opening of a new Pandora factory in Thailand is the cornerstone to the jewellery giant’s plans to double its shipment capacity, executives of the firm said yesterday. The project also includes building a new crafting facility in Gemopolis near Bangkok, and optimising Pandora’s existing factories in the same area.

Fake Chanel jewellery haul seized at Manchester Airport

Customs officers at Manchester Airport have intercepted nearly 60 sets of counterfeit Chanel jewellery after a crackdown on fake imports in the run-up to Christmas, Professional Jeweller has learned. The earrings and pendent sets had a value of approximately £3,000, according to Border Force officials, which seized the goods in recent weeks. The fake jewellery

BREAKING NEWS: Endless issues first public statement on bankruptcy

Endless Jewelry this morning issued its first public statement since opening insolvency proceedings last week. It filed for bankruptcy in Germany, where the company is registered, after conceding that it was not possible to turn its financial plight around. Endless admitted that its policy of “right to return” on unsold stock had compounded the situation

Jesper Nielsen behind failed bid to save Endless Jewelry from insolvency

Industry entrepreneur Jesper Nielsen was part of an unsuccessful bid to save stricken jewellery brand Endless Jewelry before it opened insolvency proceedings in the German courts last week, it emerged today. Mr Nielsen, the former Pandora chief who quit Endless at the start of 2016 and subsequently launched a new venture called Amazing Jewelry, suggested