LVMH files countersuit against Tiffany & Co

LVMH has filed a countersuit against Tiffany & Co in the ongoing legal battle between the two companies. This follows Tiffany’s legal action against LVMH, after the Louis Vuitton owner pulled out of a merger deal citing ‘‘recent developments’’, including a request from the French Foregin Ministry to delay proceedings past the merger’s deadline. Tiffany…

Nova Silver launches QR code scheme

Nora Silver has launched a new scheme aimed at assisting people who want to support small businesses, yet who are anxious about waiting in queues during the pandemic. The Norwich-based jewellery boutique is asking customers to scan products’ QR codes on their smartphones, which will open the Nora Silver website. Said products will be available…

Laings launches autumn campaign

Laings has announced the launch of its 2020 autumn campaign across UK stores and online.  The latest campaign is “filled with the luxurious feel of the autumn months”, according to the retailer.  The group added that the new campaign, which highlights diamond jewellery as well as complementing wristwatches, explores the “emotional weight of precious pieces…

Watches of Switzerland unveils Knightsbridge Rolex showroom

Watches of Switzerland has announced the opening of a new Rolex showroom located in Knightsbridge.  The new 1,377 sq. ft showroom is situated within the existing Watches of Switzerland flagship showroom on the Brompton Road.  It comes as the group has celebrated a “close relationship” with Rolex since becoming an appointed Rolex retailer in 1919. …

Footfall rises despite ‘rule of six’

Footfall across all retail destinations in the UK has risen by 2.4% in the last week, despite the government’s new ‘rule of six’ social distancing measure, according to data from analytics company Springboard. High street retailers saw a footfall increase of 5.2%, while shopping centres and retail parks saw a decrease of 0.8% and 0.3%,…

Unemployment rate rises to 4.1% in July

The rate of unemployment in the UK increased 0.2% to 4.1% in the two months to July 2020, according to the ONS. The UK economic inactivity rate was also estimated at a joint record low of 20.2%, 0.6 percentage points lower than the previous year and 0.3 percentage points lower than the previous quarter. The…