Retailers
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Dec- 2025 -26 December
UK shoppers to spend £3.6bn in Boxing Day sales
UK shoppers are expected to spend £3.6bn during the Boxing Day sales this year, according to the latest Barclays Consumer Spend report, despite a fall in the number of people planning to take part. Barclays said the average Boxing Day shopper plans to spend £253, up from £236 in 2024.…
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24 December
Platinum jewellery demand holds up despite price volatility
Global demand for platinum jewellery has remained resilient in the third quarter of 2025 despite volatility in precious metal prices, according to the latest Platinum Jewellery Business Review from Platinum Guild International (PGI). PGI said elevated gold prices continued to weigh on overall jewellery demand, but platinum gained share in…
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22 December
Kering to acquire 20% stake in Raselli Franco
Kering has agreed to acquire a minority stake in Raselli Franco Group, one of Europe’s largest independent luxury jewellery manufacturers, in a deal that paves the way for full ownership by 2032. The French luxury group said it will initially acquire a 20% stake in the family-owned Italian business for…
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17 December
Richemont UK FY sales rise 5% to record £277m
Richemont has revealed that its UK sales rose 5.3% to a record £277m for the year ended 1 March 2025. Furthermore, the company’s gross profit rose from £113.6m to just under £124m with operating profit almost tripling from £12.5m to £32m. Meanwhile, its net profit for the year jumped from…
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16 December
Thomas Sabo to launch new SS26 jewellery collection
Thomas Sabo is set to launch its new Spring and Summer 2026 jewellery collection on 22 January 2026 in selected stores and online. The collection references 2026 as the Year of the Horse and spans three established lines: Sterling Silver, Rebel at Heart and Charm Club. The ranges are titled…
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16 December
Manish Jogia acquires Newey’s Jewellers
Manish Jogia, the owner of independent jeweller Sonny’s Jewellers and luxury boutique JQ Diamonds, has officially acquired Newey’s Jewellers, further solidifying his investment in the Jewellery Quarter. Newey’s, located in its established premises in the Jewellery Quarter, is now part of Jogia’s expanding jewellery family. Although the long-term plans for…
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15 December
Pandora appoints new chief executive
Pandora has announced the appointment of Berta de Pablos-Barbier as its chief executive, effective 1 January 2026, completing a leadership transition earlier than originally planned. Pablos-Barbier, currently chief marketing officer, would succeed Alexander Lacik as chief executive, with the change initially expected to conclude at the company’s annual general meeting…
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10 December
Mappin and Webb returns to Birmingham with new showroom
Mappin and Webb has reopened in Birmingham after more than 20 years, with the Watches and Switzerland Group unveiling a refurbished showroom beneath the Burlington Hotel on New Street. The 260 sq mt site follows a seven-month rebuild and sits close to the city’s Jewellery Quarter. The group said the…
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9 December
Diamonds Factory opens new Metrocentre store
Diamonds Factory has expanded its North East footprint with the opening of a new store at the Metrocentre, marking the brand’s latest investment in its UK retail network. The new space, which builds on the success of Diamonds Factory’s Newcastle showroom, will offer customers access to handcrafted jewellery, including engagement…
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8 December
AG and Sons supports UK reforestation with planting of 200 trees
Family-run fine diamond jewellery brand AG and Sons has planted 200 trees in partnership with Time4Trees as part of its environmental sustainability efforts. The initiative supports verified UK tree-planting and reforestation projects intended to improve biodiversity and contribute to long-term carbon capture. The company’s newly planted woodland is located at…
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