Consumer spending drops 26.7% year-on-year in May

Consumer spending contracted 26.7% year-on-year in May. This is according to new data from Barclaycard, which revealed that spending on…

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Bira opposed to proposed relaxation of Sunday trading laws

The British Independent Retailers Association (Bira) has expressed concern for proposed relaxation of Sunday trading laws. Under plans being suggested…

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Reed Exhibitions cancels IJL 2020 

The organiser for International Jewellery London (IJL), Reed Exhibitions, has announced that the September event has been cancelled.   The trade…

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BlueRock Diamonds completes $700k diamond sale

BlueRock Diamonds, a diamond producer that owns and operates the Kareevlei diamond mine in South Africa, has announced the private…

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Say it with Diamonds sales surge amid lockdown

High-street jeweller Say it with Diamonds has reported a 267% sales uplift on engagement rings amid the nationwide lockdown. The…

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Sunday trading deregulation would be a ‘slap in the face’ for key workers, says Usdaw

Shopworkers union Usdaw has titled government plans for Sunday trading deregulation as a “slap in the face” for key workers…

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Footfall begins ‘journey to recovery’ in May

Consumer footfall may have begun its “long journey to recovery” in the month of May, according to the latest figures…

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Bira welcomes business rates revaluation postponement in Wales

The British Retailers Association (Bira) has welcomed the decision by the Welsh government to delay the revaluation of business rates. …

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Arnault son named as Tag Heuer CEO

LVMH has announced that Frederic Arnault, son of chief executive Bernard Arnault, will assume the position of CEO for Tag…

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Consumer confidence slips further amid UK lockdown

GfK’s long-running Consumer Confidence Index has decreased by two points over the past two weeks. In the market research firm’s…

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