Christmas
Christmas is the most crucial trading period for the UK jewellery industry, driving significant sales across retail, wholesale, and e-commerce. For jewellers, manufacturers, and suppliers, understanding seasonal trends, consumer behaviour, and effective marketing strategies is essential to maximising opportunities during the festive period. Jewellery Focus provides extensive coverage on Christmas trading, including sales performance analysis, product trends, promotional campaigns, and insights into supply chain readiness. Our reporting helps trade professionals prepare for and capitalise on the busiest season of the year.
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Feb- 2023 -10 FebruaryRetailers
Watches of Switzerland falls short of expectations amid Christmas strikes
Watches of Switzerland has reported that its revenues increased 17% to ยฃ407m in the 13 weeks to January 29 this year, narrowly falling short of analystsโ consensus expectations of ยฃ425m. The company said its lower than expected sales growth was because of rail and postal strikes over Christmas and general…
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2 FebruaryRetailers
Return to office boosts weekday footfall in Jan
A return to the office has boosted footfall in January despite the effects of rail strikes over the month, Springboard has said, with footfall up by 10.7% against the prior year. This was greater than the annual uplift of 9.9% reported in December 2022 and marked the largest annual increase…
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Jan- 2023 -27 JanuaryRetailers
Vacancy rates improve to 13.8% in Q4
The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than Q3 and 0.6 percentage points better than the same period last year, according to the latest BRC/LDC monitor. This was the fifth consecutive quarter of falling vacancy rates. All locations…
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20 JanuaryRetailers
Beaverbrooks sees record December sales
Jewellery retailer Beaverbrooks has announced record breaking December sales with an 8% increase compared with 2021. The retailer also stated that it saw an 18% increase in sales when only accounting for the last two weeks of the month compared with 2021. Despite the cost of living crisis and rail…
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20 JanuaryRetailers
No Christmas boost as retail sales volumes fall 1%
Retail sales volumes fell by 1% in December 2022 after a 0.5% fall in November 2022, according to data from the Office for National Statistics (ONS). Alongside this, sales volumes were down 1.7% compared with pre-pandemic levels in February 2020. Non-food store sales volumes also dropped 2.1% over December. ONS…
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10 JanuaryRetailers
Retail sales rise 6.9% over Christmas
The BRC has reported that sales on a total basis increased by 6.9% in December 2022, compared with the prior increase of 2.1% in December 2021. These figures are said to be above both the three-month average growth of 4.4% and the 12-month average growth of 3.1%. Meanwhile, the UKโs…
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9 JanuaryRetailers
Timpson rescues In-Time after collapse
Timpson has announced the acquisition of watch and jewellery repairer In-Time, which had collapsed in the days running up to Christmas. As part of the deal, the Manchester-based company has acquired 35 shops and taken on 110 new employees from In-Time. The value of the deal has yet to be…
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3 JanuaryNews
Footfall drops almost 30% post Christmas
Retailers in the UK saw footfall decrease 27.7% last week compared to the week before Christmas, which was just 7% higher than this week last year, according to data from Springboard. This number was nearly 20% lower than the number in 2019, although Springboard did attribute some of this to…
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Dec- 2022 -23 DecemberRetailers
Beaverbrooks opens new Cambridge store
Diamond, jewellery and watch retailer, Beaverbrooks, has opened its first store in Cambridgeโs Grand Arcade Shopping Centre, aiming to bring โsignificantโ investment in luxury retail ahead of the busy Christmas period. Creating 12 new roles and investing over ยฃ800k in the area, the retailer will also be opening the first…
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21 DecemberDesigners
Peter Jackson launches Miracle on 34th Street ring
Jeweller Peter Jackson has launched a handcrafted replica of the Cartier ring used in the movie Miracle on 34th Street. The ring has a diamond cut in the shape of an emerald in the middle of the ring and two more diamonds on the shoulder of the ring. It is…
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