The world's largest diamond retailer De Beers has predicted rising prices as production cannot keep up with demand. Based in Johannesburg, De Beers has already raised prices three times this year alone. The $57 billion diamond market saw an increase in sales of diamond rings, necklaces and other jewellery […]

If you are serious about fashion, there are a few ground rules to follow. Never wear white after Labour Day (only for pusillanimous Americans), never be seen wearing the same outfit day after day, don't wear Stella McCartney unless you're a size 8, don't wear daytime glitter, do wear daytime glitter. […]

We all know how frantic an experience shopping during the holiday season can be. And what to get your loved ones? No longer do you need to fret, as the Clothesline Christmas Fair is the solution to all your problems. This ultimate hip and happening fair will take place on 2 December, and will include […]

The famous jeweller Tiffany, immortalized by Audrey Hepburn in Breakfast at Tiffany's, announced its results for the third quarter ending 31 October 2004 last week. Net earnings were down by 26%, lower than management had expected. Higher precious metal and diamond costs contributed greatly to the drop […]

The shoes and clothing company Jones Apparel Group Inc. is buying upmarket department store Barneys New York Inc. for $106 million (GBP167.4 million) in cash. With this acquisition, Jones will enter the luxury retail arena. Jones is to pay Barneys' stockholders $19 per share and will take on approximately […]

Hot on the heals of news that trading conditions have worsened for high-street retailer, Marks & Spencer, the company announced the shakeout of its top management. Finance Director Alison Reed is to leave the company next year, and a further three executive directors are to take their leave as soon […]

The brand new Chiffre Rouge Dior wristwatch for men, designed by menswear designer Hedi Slimane is now on sale at Dior Homme stores. Slimane, who has been creative director for Dior's ready-to-wear and accessories, is a Swiss national and lived in Geneva for a number of years. He is therefore no stranger […]

Classic British brand Daks is aiming to tap into the luxury market by launching a catwalk wmenswear collection for next winter. Managing director Bruno Massa told Draper's Record the company is looking to appoint a designer for the luxury line, which will complement the main womenswear collection as […]

Boyband Busted took London by storm when they switched on the world famous Regent Street Christmas lights, the climax of an outdoor event that saw 45,000 people flock to London's 'mile of style'. Busted performed three of their number one hits to huge crowds in a one off free street concert, marking […]

Weaker consumer confidence means that UK retail spending is on a downward tend as the peak Christmas shopping season approaches. The BRC/KPMG sales monitor for October shows a year-on-year increase in UK retail sales of 0.5 per cent on a like-for-like basis, with total growth of 3 per cent. However, […]

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