Jew­eller an­nounces £500,000 Derry spend

Belfast Telegraph - Business Telegraph - - Front Page - BY STAFF RE­PORTER

LON­DON­DERRY jew­eller Sproules has an­nounced a £500,000 in­vest­ment in­clud­ing the ad­di­tion of two Cham­pagne bars for brows­ing jew­ellery.

The an­nounce­ment was among other good news for re­tail in North­ern Ire­land, in­clud­ing healthy Black Fri­day foot­fall and the un­veil­ing of a walk­way in Belfast to give pedes­trian ac­cess to Royal Av­enue fol­low­ing the Pri­mark fire.

Also in Belfast, Sports Di­rect has an­nounced a new store in Connswa­ter Shop­ping Cen­tre and Re­tail Park.

The open­ing comes af­ter its owner Mike Ash­ley gave ev­i­dence to a House of Com­mons com­mit­tee and hinted at a pos­si­ble tie-in be­tween House of Fraser, which he now owns, and Deben­hams, in which Sports Di­rect has a share.

He also said the gov­ern­ment should tax on­line re­tail­ers to gen­er­ate funds for the high street.

In Derry, Sproules has added a 2,500 sq ft ex­ten­sion which also in­cludes a wed­ding ring bou­tique, an ex­tended ad­di­tional jew­ellery show­room and watch­maker and gold­smith work­shops spe­cial­is­ing in re­pairs.

Staff num­bers have also in­creased from eight to 11 as part of the in­vest­ment, which is backed by First Trust.

Sproules first opened on John Street in the city in 1954 and later moved to its cur­rent lo­ca­tion on Carlisle Road. First Trust busi­ness man­ager Jen­nifer Do­herty said it was “de­lighted” to fund the ex­pan­sion.

News of Sproules’ ex­pan­sion comes as fig­ures from an­a­lyst Spring­board show that NI high streets en­joyed a 6.6% jump in foot­fall dur­ing the week of Black Fri­day, com­pared to last year.

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