Family jeweller says it won’t rush into any dramatic changes but is confident it can turn 12 stores it has acquired into profitable trading entities
‘We fell short of the standards we set ourselves’ – Signet reacts to online pricing breaches
H. Samuel owner takes steps to enhance back-end procedures as court case sends a clear warning to jewellery retailers over promotional pricing regulations
Shopping centres take the hit as bargain hunters flee to online shops
Overall high street footfall slumped 5% on Friday as product availability and free delivery drove consumers to buy through ecommerce
Links of London’s losses plunged to £20m last year, accounts show
Jewellery brand remained in the red during 2017 as store closures and tough conditions dented turnover
Bransom steps in to help jewellers manage new tax return process
Jewellers using Bransom’s retail systems in their businesses will be able to use the technology to comply with new tax return guidelines that come into force next year. Under HMRC’s new ‘Making Tax Digital’ scheme, businesses will be required to submit their VAT returns fully digitally and keep digital records from April 2019. While there…
EXCLUSIVE FIRST LOOK: Inside Swarovski’s new ‘immersive’ Oxford Street store
Swarovski has opened the doors to its newly-designed Oxford Street store with several new features created to heighten the customer experience and bring its crystal offering to life. The store, which is minutes away from Oxford Circus, has been designed with the customer at the forefront and showcases what the brand describes as a “unique…
REMINDER: Collections of the Year 2018 deadline is this Friday
The UK jewellery industry has two weeks left to nominate for the Collections of the Year 2018, which recognises the best-selling ranges in the UK from the past 12 months. Nominations have already been flooding in with retailers, brands and designers telling Professional Jeweller which collections they feel need to be recognised in the second annual Collections…
Italian jeweller strengthens Scottish retail business
Italian jeweller S&S Argento has strengthened its retail presence north of the border with its fourth store in Scotland. The company’s latest outlet began trading on Saturday at Glasgow Fort shopping centre. Its offering comprises a mixture of sterling silver goods and fashionable handbags. The branch will host the brand’s entire range of rings, earrings,…
Jewellery shops credited with leading the retail fightback after notable sales spike
Britons are defying the Brexit gloom and splashing out on jewellery and watches, figures published yesterday reveal. Sales of jewellery shot up 2% in the three months to the end of September, outperforming every other type of purchase in the process. The boom helped retail sales expand 1.2% in the period despite a raft of…
F.Hinds: “We remain a desirable tenant for landlords”
F. Hinds has suggested that the flip side of the economic challenges facing the retail sector is that more attractive property opportunities are beginning to emerge, making it more viable for the business to expand its store network. The national jewellery chain currently operates 115 stores in the UK and directors at the firm say…
