All Accessories & jewellery articles – Page 26
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NewsSignet UK arm to be hit by the weakness of sterling
Total sales for the UK arm of jewellery giant Signet fell 4.75% on a reported basis to $154.4m (£93.1m) for the 13 weeks to September 31.
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NewsAurum to revitalise its Mappin & Webb fascia
Jewellery group Aurum has outlined plans to invest in its staff and rebrand its Mappin & Webb fascia after completing financial restructuring.
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NewsSignet upbeat as Ernest Jones sales improve
Jewellery retailer Signet reported that an improvement at its Ernest Jones chain has helped it achieve almost flat UK like-for-like sales in its third quarter to October 31.
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NewsGoldsmiths owner Aurum agrees refinancing
Aurum, the jewellery group formerly backed by Baugur, has agreed a debt for equity swap with lenders and said recent performance has been ahead of expectations.
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NewsH Samuel creates pack to cash in on in-store proposals
Jewellery chain H Samuel is introducing in-store ‘proposal packs’ for men to cash in on the increasing trend for customers to propose to their partners in its stores.
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NewsSales improve at Signet
The UK’s biggest jewellery chain Signet has reported an improvement in sales in its third quarter.
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Pawnbroker Albermarle & Bond thrives in the recession
Pawnbroker Albermarle & Bond said it plans to open new stores and add new services after it reported a 42% rise in full-year profit, lifted by a new gold purchasing service and strong sales.
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NewsDanish jeweller plans to open 75 franchise stores
Danish jewellery brand Pandora is gunning to open 75 franchised standalone shops in the UK by the end of the year.
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Fabergé unveils boutique site to back collection
Fabergé has launched an innovative website to support the launch of its first High Jewellery collection since 1917.
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NewsJewellery chain F Hinds suffers from Christmas trading hangover
Family-run jewellery chain F Hinds reported turnover in its last financial year was down 4% to £50.8m as it suffered from poor Christmas trading.
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NewsTheo Fennell confident of turnaround
The new management of luxury jeweller retailer Theo Fennell are confident they can take the retailer “back to basics” after suffering a loss of £3.3m.
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NewsSignet profits hit by tough trading
Pre-tax profit at US jewellery giant Signet fell 6.1 % in its second quarter to $38.5m (£23.3m) as trading remained difficult in its UK and US markets.
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NewsTheo Fennell sinks into the red
Luxury jeweller Theo Fennell has plunged to an annual £3.3 million loss after the global financial crisis hit demand among its big-spending customers.
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NewsH Samuel launches second-hand buying service for unwanted gold
Signet-owned jeweller giant H Samuel is trying to cash in on the thriving second-hand jewellery market by offering cash for unwanted items.
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NewsAurum drafts in top troubleshooter
Jewellery group Aurum, owner of Mappin & Webb, Goldsmiths and Watches of Switzerland, has parachuted in retail restructuring and turnaround specialist Ian Gray to renegotiate rents with its landlords.
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Finlay Enterprises has filed for Chapter 11 bankruptcy protection
Jeweller Finlay Enterprises has filed for Chapter 11 bankruptcy protection and plans to auction its business and assets.The retailer operates 182 locations across the country, including the upmarket Bailey Banks & Biddle chain, as well as 77 concessions within Bon-Ton department stores.Meanwhile, the country’s leading specialist jeweller by store count, ...
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AnalysisTerry Burman welcomes tough times
A slip in sales may have taken the shine off Signet, but boss Terry Burman welcomes tough times as a chance to gain market share.
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NewsSignet spies opportunity despite weak sales
Jewellery giant Signet hopes to build market share, leading to a stronger second half, after weaker than expected sales in its second quarter.
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NewsFormer Marks & Spencer boss Barry Stevenson to head Albemarle & Bond
Former Marks & Spencer retail director Barry Stevenson is to become chief executive of pawnbroker Albemarle & Bond.