All Accessories & jewellery articles – Page 27
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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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News
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.
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Sales drop at Signet's UK arm
Jewellery retailer Signet’s group like-for-likes fell 5.3 per cent in the 13 weeks to August 1.
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NewsThe Earring Boutique moves ahead with expansion plans as sales rocket
Online jewellery retailer The Earring Boutique is ploughing ahead with its expansion plans after notching up a 50 per cent increase in like-for-like sales in the three months to date.
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NewsLinks of London founders launch fine jewellery business
The husband and wife team behind jewellery chain Links of London have launched a new business in 11 department stores.
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NewsArgento stakes out bold store expansion plan
Jeweller Argento is on the brink of an aggressive store expansion programme with plans to double its portfolio within a year.
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NewsRevived Diamonds & Pearls picks up accessories brand Johnny Loves Rosie
Jewellery retailer Diamonds & Pearls, which was rescued from administration earlier this year by a consortium of jewellery suppliers, has bought cult accessories brand Johnny Loves Rosie.
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NewsBeaverbrooks poised for trial of in-house EPoS
Jewellery retailer Beaverbrooks is to pilot the EPoS system it has developed in-house before the end of this month.
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NewsTheo Fennell founder returns to halt slide
Theo Fennell has vowed to restore the eponymous retailer he co-founded to its roots as a design-led jeweller after returning to the board and increasing his stake.
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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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News
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.