Economy

Tiffany reports fall in both Q3 and FY earnings

Tiffany has reported a decline in net earnings for both its third quarter and year-to-date results.  For the third quarter…

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Treasury Committee urges MPs to reform ‘broken’ business rates

The government has been urged to fix the “broken” business rates system as it is continuing to affect high street…

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Louis Vuitton owner bids to take over Tiffany and Co

Luxury group, LVMH, has confirmed it is in talks to takeover Tiffany and Co. LVMH said in a statement yesterday…

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GIA commits $1.3m to artisanal mining education project

Gemological Institute of America (GIA) in Tanzania will expand distribution of its gem guide for artisanal miners to other communities…

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BRC ‘disappointed’ with business rates relief in Queen’s speech

The British Retail Consortium has responded to the Queen’s speech, praising its approach to crime and sustainability but was “surprised…

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BHC introduces new Hallmarking Dealer’s Notice

The British Hallmarking Council (BHC) has introduced a new Hallmarking Dealer’s Notice which is now available and becomes compulsory on…

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Jewellery sector forecast to reach £5.9bn in sales in 2019

The jewellery and watch industry is anticipated to rise to £5.9bn in 2019, according to new research from Mintel. According…

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Gold slumps 7.3% in July hallmarking

The number of gold pieces hallmarked in July 2019 decreased by 7.3%, according to figures compiled by the Birmingham Assay…

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July consumer spending hits record low

UK consumer spending in the month of July fell to a record low despite the good weather, according to the…

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Online retail sales bounce back in June

Online retail sales rose by 8.5% year-on-year, the strongest growth this year, according to the latest IMRG Capgemini eRetail Sales…

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