All Accessories & jewellery articles – Page 28
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GalleryStore of the week: Nicholas James, Hatton Garden, London
The challenge that has always faced jewellers is shifting product that no one needs (or maybe even wants) In London’s Hatton Garden, spiritual home of the UK jewellery trade, Nicholas James has confronted this with a store possessing sufficient originality to drag shoppers in from the street in spite of ...
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NewsTheo Fennell returns to board and ups his stake in celebrity jeweller
Theo Fennell has returned to the board of his eponymous business and taken a larger share in the celebrity jeweller as part of a shake up of the board.
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Signet sales slip but still rated a buy
Global sales at retail jeweller Signet fell 7.3 per cent to $762.6m (£472.9m) in the 13 weeks to May 2, with same-store sales down 2.9 per cent.
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NewsOnline jeweller Astley Clarke plans relaunch
Luxury online jeweller Astley Clarke is to relaunch its website this autumn as part of its plan to become the world’s leading online jewellery boutique.
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NewsAurum first-quarter sales flat
Jewellery group Aurum has announced that like-for-like sales were flat in its first quarter to April.
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NewsColouredrocks.com clocks up 132,000 plays of viral game to promote site
Online jeweller Colouredrocks.com has reported 132,000 plays of a viral game it launched to promote its site earlier this month. The game, created by digital marketing agency TAMBA, is the second viral game the retailer has launched to help it achieve its plan for sales of £6m this year.
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Signet fortunes turn after US Valentine’s sales boost
Leading jeweller Signet said its US operations, which account for the bulk of its sales, put in an “encouraging” first-quarter performance compared with the previous period.
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Signet to cut costs as it tries to tackle debts
Jewellery giant Signet has outlined plans to slash costs and more than halve its debt.The retailer, which operates fascias including H Samuel and Ernest Jones in the UK and Kay Jewelers in the US, said it will cut costs by $100m (£69.9m) in the US and aims to reduce net ...
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Diamonds & Pearls negotiates on rents as it readies for expansion
Jewellery retailer Diamonds & Pearls is in talks with landlords to secure new terms as it primes itself to become a 100-strong store chain by the end of the year.The retailer was bought out of administration last month by a consortium of undisclosed suppliers to the retail jewellery trade. The ...
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Don McCarthy insists that Aurum's future is safe
Aurum chairman Don McCarthy has insisted that the future of the jewellery group is secure and said the retailer has outperformed the beleaguered jewellery sector.
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Baugur files for bankruptcy
Baugur has filed for bankruptcy after an Icelandic court refused to grant its application to extend its protection from creditors.
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Mosaic has three months to refinance
Fashion group Mosaic has just three months left to refinance.
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Landsbanki keeps retailers at bay over Baugur pickings
Department store groups eager to cash in on the demise of Baugur may have a long wait, after Landsbanki reiterated its intention to retain the shares it now controls in Baugur-backed brands.
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Baugur's retail stakes stir interest
Retail investors including Sir Philip Green and Dragon’s Den star Theo Paphitis have been named as likely interested parties for Baugur assets, after its UK subsidiary was placed into administration at the close of last week.
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Baugur in administration
Updated: Baugur’s stakes in retailers House of Fraser, Hamleys, Aurum and Iceland have been placed in to administration.
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Glitnir makes demands on Baugur; buyers circle Hamley's
Nationalised Icelandic bank Glitnir has demanded repayments from beleaguered Icelandic investor Baugur, as tensions between it and its lenders intensify.
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Baugur stakes in retailers seized
Baugur stakes in retailers including House of Fraser, Hamleys, and Iceland have been placed under the control of nominated receivers to prevent any asset sale.
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Baugur-backed Aurum confirms business review
Aurum Holdings, the jewellery group backed by beleaguered Icelandic investor Baugur, has confirmed that it has appointed Ernst & Young to review the business and has distanced itself from the investor, which is on the brink of administration.
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Baugur boss Johannesson lambasts Landsbanki
Baugur boss Jón sgeir Jóhannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.
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Jewellery giant Aurum reviews business
Baugur-backed jewellery retailer Aurum, which owns Mappin & Webb, Goldsmiths, Watches of Switzerland and Mydiamonds.com, has appointed Ernst & Young to review the business.