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Consumer Confidence

Consumer confidence directly impacts the UK jewellery trade, influencing spending on luxury items and shaping retail performance. For jewellers, suppliers, and manufacturers, tracking shifts in consumer sentiment is vital for forecasting demand, planning inventory, and refining marketing strategies. Jewellery Focus delivers expert coverage on consumer confidence trends, market analysis, and insights into how economic and social factors affect purchasing behaviour across the sector.

  • Jul- 2015 -
    28 July
    Trade OrganisationsErnie Blom praises new ISO standard for diamonds

    Ernie Blom praises new ISO standard for diamonds

    President of the World Federation of Diamond Bourses (WFDB), Ernie Blom, has praised the release of a new ISO standard for diamonds.  ISO International Standard 18323: Jewellery – Consumer confidence in the diamond industry, provides a series of definitions which aim to provide clarity for traders and to maintain consumer…

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  • 24 July
    Trade OrganisationsAnchorCert backs new Diamond ISO Standard

    AnchorCert backs new Diamond ISO Standard

    The Birmingham Assay Office’s AnchorCert Gem Lab has welcomed the recent publication of a new diamond ISO Standard. The standard, entitled ‘Consumer Confidence in the Diamond Industry’, was published on 1st July, and AnchorCert described it as a “refreshingly simple and concise document intended to help the consumer understand the different choices available to them”.…

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  • 14 July
    EconomyUK retail sales record strongest growth in 18 months

    UK retail sales record strongest growth in 18 months

    UK retail sales recorded their strongest growth in 18 months as sales increased 1.8% on a like-for-like basis from June 2014, when they had decreased 0.8% on the preceding year.  This is according to the British Retail Consortium (BRC) and KPMG Retail Sales Monitor which found that, on a total…

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  • 8 July
    EconomyNon-food shop price deflation slows in June

    Non-food shop price deflation slows in June

    The deflation of non-food shop prices slowed to 1.9% in June compared with a drop of 2.5% in April and May.  This is according to the BRC-Nielsen Shop Price Index which found overall shop prices reported deflation of 1.3% in June, up from the 1.9% recorded in May. The fall…

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  • 1 July
    Editor's BlogThe naysayers must now eat their words

    The naysayers must now eat their words

    Almost two years ago I wrote sceptically about the initial murmurings of a merger between the two major jewellery trade associations. Not out of any sense of doubt that a merger was possible, but because I was new to the industry and I asked dozens of people for their thoughts.…

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  • Jun- 2015 -
    30 June
    EconomyConsumer confidence at highest level for 15 years

    Consumer confidence at highest level for 15 years

    Consumer confidence is at its highest level since the late 1990s, according to new figures from GFK.  Following a fall in consumer confidence in May, the research firm’s latest Consumer Confidence Barometer increased six points to 7 in June, with all five measures used to calculate the index reporting increases.…

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  • 16 June
    EventsNAG and BJA members vote to unify

    NAG and BJA members vote to unify

    The members of the NAG and the BJA have voted unanimously in favour of unifying the two trade associations at a London meeting. The meeting, which took place at Goldsmith’s Hall near St. Paul’s Cathedral, comprised an AGM for the National Association of Goldsmiths and an EGM for the British…

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  • 1 June
    E-CommerceDelivery volumes for online sales up 11% in April

    Delivery volumes for online sales up 11% in April

    Online delivery volumes from UK retailers were up 11% in April compared with the same month last year, according to new figures.  The IMRG MetaPack UK Delivery Index showed that the growth rate for delivery volumes from the year to date (May 29) has now reached 10.9%. This is below…

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  • May- 2015 -
    29 May
    EconomyConsumer confidence falls in May

    Consumer confidence falls in May

    Consumer confidence fell in May after holding steady in April at its highest level since 2002, according to new figures from research firm GFK.  GFK’s latest Consumer Confidence Barometer decreased three points to 1 this month, with all five of the measures used to calculate the index reporting decreases. The…

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  • 27 May
    EconomyHigh street footfall up 4.4% over bank holiday weekend

    High street footfall up 4.4% over bank holiday weekend

    High streets have received a welcome boost over the bank holiday weekend, with footfall across the UK up 4.4% year-on-year.  This is according to new figures from retail intelligence firm Springboard which found Saturday was the strongest day as families were “out in force” on the first day of the…

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