The Most Recent Luxury Jewellery Developments
In October 2017, Indian jewellery firm Tara Jewels acquired a forty nine per cent stake in Bevilles, 4 years after forming a “strategic alliance” with the Australian jewelry retailer. Not only does Bevilles function fewer shops right now than it did in 2010, over the following years two stores were closed and, in April 2014, the chain entered voluntary administration. This ACCC double-whammy may additionally have affected the Zamels’ business model which was primarily based around ‘was-now’ advertising; its retail advertising and pricing strategies had been changed and which, ultimately, might have impacted buying and selling levels. The idea was…Continue Reading