Post Profile

Hatton Garden: Behind the scenes of London's declining diamond district

Hatton Garden has centuries of history as one of the main centres of the global diamond business. But, squeezed by rising rents and falling profit margins, the street and the businesses that make it are both under threat. Online jewellery shopping is rising in popularity, and savvier consumers are finding better deals elsewhere. Meanwhile, developers are eyeing the street's prominent Central London position for both offices and luxury flats.
read more


Related Posts

Here’s The Reason Behind Salesforce’s Declining Gross Margin

Business & Finance / Investing : Great Speculations

Global cloud computing behemoth has been plagued by declining gross margins in the last few years. The gross margin of its cloud software business has contracted every year since 2011, falling from 87% in 2011 to 84% ...

Lloyds first quarter profits up 21 percent as bad debt losses fall, margins rise

Business & Finance : Business Insider: Clusterstock

LONDON (Reuters) - Britain's biggest retail bank Lloyds Banking Group reported a 21 percent rise in underlying pretax profit for the first quarter, reflecting an improved margin and lower losses for bad debts. The state-backed lende...

Tesco to sell gardening unit

Business & Finance : Business Report

Tesco will sell its Dobbies Garden Centres chain for 217 million pounds as it focuses on reviving its main supermarket business. ||| London - Tesco agreed to sell its Dobbies Garden Centres chain for 217 million pounds ($309 million...

Savvy thieves strike London’s diamond district on Easter

News : NY Daily News

Scotland Yard said it is hunting for a team of thieves that broke into a Hatton Garden safety deposit business and emptied more than 300 boxes after disarming the security system, according to a report.

London’s diamond district feels the squeeze

Business & Finance : Business Report

Online competition and rocketing rents have put London's jewellery craftsmen under pressure. ||| London - When thieves made off with millions of pounds of jewels from an underground vault in Hatton Garden last year, it shone an unwe...


Copyright © 2016 Regator, LLC