INDUSTRY NEWS www.jewelleryfocus.co.uk


UPCOMING EVENTS


5 - 9 February Jewellery & Watch Birmingham (NEC, Birmingham)


12 - 14 February Pure London (Olympia, London)


12 - 14 February Scoop London (Saatchi Gallery, London)


17 - 21 February London Fashion Week (London)


HIGH STREET


High street footfall rises in December for first time in five


years UK high streets saw a 0.8% year-on- year rise in footfall in December as retailers managed to draw in last- minute shoppers. The latest monthly Footfall and


Vacancies Monitor from the British Retail Consortium (BRC) and Springboard found the increase in high street footfall - the first December rise for five years - was above the three- month average, which was broadly flat Despite a positive result for the high


street, overall retail footfall was down 0.2% on December 2015 - a fourth consecutive month of decline, but far shallower than the 2.2% drop during the preceding December. Footfall in retail parks fell by 0.7%


year-on-year, while footfall in shopping centres fell for the 11th consecutive month down 1.9% year-on-year. Helen Dickinson, chief executive at


the BRC, said: “Overall, December saw a continuation of the downward trend in footfall, with shopper numbers falling 0.2% over the previous year.”


February 2017 | jewelleryfocus.co.uk Thor Equities and Meyer Bergman,


co-owners of the arcade, have announced plans to sell the renowned global luxury retail destination, with CBRE set to market the property. The Arcade, which unites Piccadilly


Harrington Brookshaw, owned


by Andrew Brookshaw and Paul Harrington, has used the funding to fit out and stock the 500 sq ft premises, located at 157 High Street in Guildford. The new shop offers a wide range of


diamond and coloured stone jewellery and claims to have one of the largest selections of wedding rings in the town. It is also the stockist of British brands such as Deakin & Francis and Bremont. Brookshaw, director and co-founder,


said: “Since opening the new shop, we’ve consolidated our banking arrangements with HSBC to make the whole operation more streamlined. We hope to continue our relationship [with HSBC] as we look to increase stock levels or move to larger premises in the future.” Andrew Steer, HSBC’s area director


for West Sussex, Surrey and North Hampshire, said: “Andrew and Paul have vast experience and knowledge of the jewellery industry, coupled with a real passion for what they do. “Their drive and ambition to open


the shop made supporting it financially a no-brainer for HSBC, and we’re excited to see how it grows over the coming years”. Turn to page 41 to find out more.


and Bond Street via a walkway of luxury stores, features 12 jewellery stores including Michael Rose; Carat London; Johnson Walker; Tessier; Milleperle; Hancocks; Almar, Susannah Lovis; Plukka; Richard Ogden; Ciro; and Chanel. Meanwhile it also features seven


watch stores; Bell & Ross; Maison Michel; The Vintage Rolex Watch Company; Ladurée; David Duggan; Armour Winston; and Somlo Antiques. The arcade has long been favoured


by royalty, celebrities and tourists as the home of rare gemstones, vintage watches, bespoke footwear, and the finest leather and cashmere accessories. Joseph Sitt, CEO at Thor Equities,


said: “The Burlington Arcade is a historical and architectural masterpiece, and one of the most renowned retail destinations in the world. With its magnificent redesign and new luxury tenants, the property will remain a treasured London destination for generations to come.”


“Overall, December saw a continuation of the


downward trend in footfall” Helen Dickinson, chief executive at the BRC


JEWELLERY FOCUS 15 OPENINGS


New jewellery store opens in Guildford aſter


£300,000 funding Two Guildford jewellers with more than 25 years’ experience between them have opened their first retail store after a £300,000 finance package from HSBC.


1


2


MONTH IN REVIEW 3


4 5 6 RETAIL


Burlington Arcade up for sale


Burlington Arcade - the luxury shopping gallery in London that is home to 19 jewellers - has been put on the market for a sum believed to be around £400m.


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