In order to continue to support to support its retailer members financially during the trading challenges brought about by Covid-19, the Company of Master Jewellers (CMJ) has announced that it has extended the suspension of its membership fees for a fourth month, until the end of July.
The CMJ announced a suspension of fees for an initial period of three months in March as non-essential retail stores across the UK and Ireland were locked down.
Managing Director of the CMJ, Emmet Cummins, says: “Despite the easing of lockdown and the opportunity for some reopening, we at the CMJ understand that it is unlikely to be business as usual at this time. We hope that this extended suspension of fees goes some way to assisting our members’ businesses regain their momentum.”
In April the CMJ also took the unprecedented step of bringing forward its retrospective rebate to members to help ease cashflow through their businesses.
The CMJ has provided its members with a wide range of support throughout lockdown, including weekly virtual networking sessions and an exclusive webinar programme. It has also produced a full PPE menu, free marketing support for re-opening and a comprehensive Guide to Reopening manual.