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.
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May- 2015 -19 MayEconomy
‘Retailer resurgence’ continues through April
Retail footfall across the UK has continued its recent resurgence with Easter fortnight bringing shoppers to the high street in force compared to 2014. Ipsos Retail Performance, the global retail and footfall consultant compiles the Retail Traffic Index (RTI), which is derived from the number of individual shoppers entering over…
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15 MayEconomy
Footfall dips slightly in April
Footfall in April was 0.8% lower than the same time last year, according to new figures released today by the British Retail Consortium (BRC). This is according to the BRC and Springboard Footfall and Vacancies Monitor which found footfall in April was below the three-month growth average of -0.3%. High…
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1 MayEconomy
Retail sales growth eases unexpectedly in April
Growth in retail sales volumes slowed unexpectedly in the year to April but is forecast to pick up again next month, according to the latest CBI Distributive Trades Survey (DTS). In the survey of 122 firms, 30% of respondents said volume were up on a year ago, and 18% said…
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Apr- 2015 -30 AprilEconomy
Consumer confidence holds steady at 12-year high
Consumer confidence held steady in April at its highest level since 2002, according to new figures from research firm GFK. Its latest Consumer Confidence Barometer stayed at 4 during the month. Of the five measures used to calculate the index, two have stayed the same, two have seen increases and…
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Mar- 2015 -31 MarchEconomy
Retail footfall to jump 4.7% over Easter weekend
Retail footfall is set to increase by 4.7% over the Easter weekend compared to the same time last year, according to new figures released today by Springboard. Easter weekend is two weeks earlier than last year and falls just after a national payday, putting consumers in a strong position to…
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26 MarchEconomy
Record $81bn diamond jewellery demand in 2014
Global demand for diamond jewellery hit $81 billion in 2014, a 3% increase compared with the previous year and a record high. This is according to new industry insight data published today by The De Beers Group of Companies. The data showed there was positive growth in consumer demand for…
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12 MarchRetailers
Watchfinder posts record £36m turnover
Watchfinder has announced a record-breaking year in 2014, chalking up annual turnover of £36m. The company has been profitable since founding in 2002, however growth over the past year has been more rapid thanks to a round of external investment, a new store opening, growing trust in the brand, and…
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11 MarchEconomy
Stable footfall growth established for UK retailers
UK retail fall rose for the third consecutive month in February, the longest singular period of year-on-year growth since 2007. This is according to the Retail Traffic Index (RTI) from global retail and footfall consultant Ipsos Retail Performance, which is derived from the number of individual shoppers entering over 4,000…
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9 MarchEconomy
Valentine’s Day sales increase in 2015
Jewellers benefitted from a strong Valentine’s Day as sales of jewellery were up 7.3% in February compared to the same month last year, according to new figures. This is according to Barclaycard’s monthly consumer spending index which shows that, following a slight dip at the start of the year, retailer…
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Feb- 2015 -27 FebruaryEconomy
Consumer confidence remains stable in February
Consumer confidence in the UK has remained stable in February as low inflations and rising wages made Britons more confident about their finances, according to new figures released today. This is according to Gfk’s latest Consumer Confidence Index, which found that consumer confidence remained at +1 during the month. The…
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