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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Oct- 2014 -7 OctoberEconomy
Jewellery and watch market to grow by 1.8%, says Mintel
Research company Mintel has estimated that the watch and jewellery market will grow by 1.8% by the end of 2014. According to its ‘Watches and Jewellery Retailing – September 2014’ report, this year’s growth has been driven by rising consumer confidence and the expansion of the watches sector. Gold is…
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Sep- 2014 -9 SeptemberEconomy
BRC: August retail sales growth ‘best since January’
Retail sales in August grew 1.3% compared with August 2013 on a like-for-like basis, according to the British Retail Consortium (BRC). In the best performance since January, the BRC-KPMG Retail Sales Monitor showed total sales were up 2.7%, with growth largely driven by sales of clothing and footwear, which reported…
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4 SeptemberEconomy
Economic recovery solid, but growth ‘will even out’: CBI
The UK economic recovery is on solid ground but growth will even out in the second half of 2014 and into next year, the CBI said in its latest economic forecast. The UK’s leading business group forecasts 3.0% growth in 2014 and 2.7% in 2015, unchanged from May. Between the…
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Aug- 2014 -4 AugustUncategorized
CMJ sales break £100m barrier for the first time
The Company of Master Jewellers (CMJ) has reported sales of just under £113m, breaking through the £100m mark for the first time in its history. Unveiling the results at the group’s annual general meeting in Birmingham, director Andrew Hirshman said group sales rose from £88.1m in 2012/13 to just shy…
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Jul- 2014 -4 JulyRetailers
Shop vacancy rate remains at its lowest level since June 2010
Britain’s shop vacancy rate in June remained stable at its lowest level since June 2010, according to the latest figures. Data compiled by the Local Data Company found the vacancy rate stayed unmoved at 13.4% in June. The picture remained stable across both retail and leisure uses which is reflected…
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Jun- 2014 -3 JuneEconomy
Economic growth reaches ‘record high’, says CBI
Economic growth reached a record high in May, posting the highest reading since data began in 2003, according to the latest CBI growth indicator. The survey of 726 respondents across the manufacturing, retail and service sectors registered record high growth in business activity, with a balance of +35%, up from…
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May- 2014 -19 MayEconomy
Report shows growth in gift cards for start of 2014
Consumer gift card and voucher sales have soared in the first quarter of 2014, increasing by 17 per cent from last year, according to the latest association figures. The increase is above expectations for the quarter according to statistics from The UK Gift Card and Voucher Association (UKGCVA), the trade…
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Apr- 2014 -28 AprilEconomy
UK economic outlook ‘exceptionally strong’, says CBI
The CBI has announced that the economic outlook for the next three months is “exceptionally strong and broad-based”, and growth expectations are the strongest they have been since the body began recording data in 2003. Pointing specifically to the retail and service sectors, the CBI’s Growth Indicator, published today, said…
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24 AprilEvents
BJA and NAG plan for merger in 2015
The British Jewellers’ Association (BJA) and the National Association of Goldsmiths (NAG) are planning to form a single trade body by the end of 2015, it has been announced. Scant details about the merger were revealed by outgoing BJA chairman Gary Williams at the association’s Annual General Meeting in London, and…
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May- 2013 -30 MayNews
Birmingham Assay Office CEO to retire
It’s the end of an era for the jewellery industry, as chief executive and assay master of the Birmingham Assay Office, Michael Allchin, has announced he will be retiring in summer 2014.
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