Global auction house Sotheby’s has appointed Laurence Nicolas, the chief executive of timepieces and fine jewellery at Christian Dior Couture, as executive vice president and global managing director of jewellery and watches. This is a newly created position, with the auction house saying in a statement that jewellery and watches are “of Sotheby’s fastest growing…
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.…
Olivia Burton focuses on bees as it ramps up jewellery range
UK-based watch and jewellery brand Olivia Burton has expanded its jewellery offering with the release of its July collection. With jewellery the brand has introduced daisy rope chain rings and earrings as well as strong sellers which carry over such as the gold coin necklace with bee motif, following bee designs finding success on the…
Olivia Burton introduces new wholesale shopping concept
British jewellery and watch brand Olivia Burton has introduced a new shopping concept for its wholesale partners. Launching in Hugh Rice’s new Luxe store in Wakefield, Olivia Burton has showcased a new shop-in-shop concept to make it easier for consumers to shop its collection of fashion jewellery and feminine watches. The new point of sale…
Baselworld cuts down days amid challenging market
Switzerland-based trade show Baselworld has reduced the duration of next year’s event. Commenting on the outcome of this year’s show, Sylvie Ritter, managing director of Baselworld, said that the industry is currently going through a challenging phase, which particularly affects smaller companies. Listening to its exhibitors and in agreement with the members of the show’s…
Piaget expands online sales with Net-A-Porter jewellery deal
Luxury jewellery and watch brand Piaget is to launch at Net-A-Porter, marking the first time the creations by the Swiss firm will be sold through a luxury global online retailer, aside from its standalone stores and own brand e-commerce site. From April Net-A-Porter will launch both fine jewellery and watch creations from ‘Possession’, a signature…
Industry experts discuss how the luxury jewellery market will evolve this year
Jewellery industry experts reveal how they believe the luxury jewellery market will evolve this year. Significant factors will include Brexit, and consequently the Pound, and the way consumers shop online. Frost of London founder, Dino D’Auria, predicts a very good year for luxury jewellery. He explains: “I envisage a very good year ahead largely due to…
New flagship leads to a spike in sales for Allum & Sidaway
Independent jewellery retailer Allum & Sidaway has witnessed a significant surge in sales since opening its new flagship’s doors. The store, which is located in Salisbury, opened just before the Christmas trading period and has given the retailer the opportunity to showcase more jewellery and watches than ever before. Talking to Professional Jeweller during a…
Pre-owned jewellery internet retailer secures £3m investment
A pre-owned jewellery and luxury goods ecommerce business has secured £3 million in growth capital from Downing LLP. Xupes hopes the investment will allow it to improve its IT infrastructure, hire staff and increase and diversify its product range. The firm was established in 2009 and initially specialised in the resale of high-end watches, art…
COLLECTION: Olivia Burton blooms for spring
Following the strength of its debut jewellery collection at the end of last year, Olivia Burton has introduced new styles for January 2017 For SS17, the British label has launched the Flower Show range, showcasing poppy trinket pendants, statement bouquet necklaces and dainty daisy bracelets all complete with Olivia Burton’s feminine flair. The bee motif…
