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.
-
Apr- 2021 -22 AprilRetailers
Responsible Jewellery Council launches new SDG Taskforce
Responsible Jewellery Council (RJC) has announced the launch of a new SDG Taskforce which will aim at creating a unified platform to benchmark members’ progress in the implementation of the 17 UN Sustainable Development Goals (SDGs).resporespo The SDG taskforce includes 26 leaders of the global jewellery industry together with the…
Read More » -
Feb- 2021 -15 FebruaryManufacturers
Opsydia launches customisable ID features for diamond trade
Opsydia, a diamond security specialist, has unveiled new classifications for its sub-surface identifiers, allowing diamond manufacturers, brands and grading houses to choose from a range of visibilities to suit their specific requirements. Using the laser technology within the Opsydia System, users can choose from Nano ID features or Loupe ID…
Read More » -
Aug- 2020 -20 AugustDesigners
Diamonds capture luxury market share, says De Beers
Diamonds have an increased potential to “capture the luxury market share”, according to the third instalment of De Beers’ Diamond Insight Flash Report series. The series of reports aims to look at the consumer perspective on diamonds, and how it continues to evolve following the pandemic. The latest report includes…
Read More » -
11 AugustCoronavirus
Retail sales rise for second month in a row
Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month of growth since the start of the pandemic. According to the latest BRC-KPMG retail sales monitor, UK retail sales increased by 4.3% in the month against the year prior, following…
Read More » -
Jul- 2020 -21 JulyCoronavirus
The importance of bringing the luxury in-store experience online
The jewellery sector as we know and love it has changed beyond recognition. Part of the beauty of shopping for jewellery is being able to touch and try on items before you purchase. The COVID-19 pandemic however has meant this is no longer a possibility, forcing the jewellery sectors hand…
Read More » -
3 JulyEconomy
Consumer confidence increases in June
GfK’s fourth Covid-19 flash report has revealed Consumer Confidence Index increased by three points to -27 over the past two weeks. Joe Staton, GfK‘s client strategy director, said after the recent “near-historic low” of -36 for the Consumer Confidence Barometer last month, there are some early signs of improvement across…
Read More » -
Jun- 2020 -30 JuneCoronavirus
Reopening is ‘no magic bullet’ for retail, says BRC
Reopening is “no magic bullet” for retail, the British Retail Consortium has warned despite UK footfall improving since lockdown restrictions were lifted earlier this month. The BRC’s footfall tracker found that UK footfall decreased 53.4% year-on-year during the second week of reopening in England and NI. This is compared to…
Read More » -
26 JuneRetailers
‘Encouraging’ start to return of non-essential retail’, says Bira
The CEO of Bira, Andrew Goodacre, has welcomed the reopening of the hospitality industry, on July 4 in England, as it will further support members and the wider independent retail sector. In a new survey, Bira revealed more than one fifth (22.3%) of respondents enjoyed more than 100% better sales…
Read More » -
23 JuneFeatures
Coronavirus: The jewellery industry’s story
At the time of writing, the UK’s embattled high street has been given a glimmer of hope, after prime minister Boris Johnson announced plans on 25 May to allow non-essential retailers to open by mid-June. The announcement will be welcome news for many jewellers who have struggled over the past…
Read More » -
23 JuneNews
Beaverbrooks sales soar in first week of trading
Beaverbrooks revealed it has seen a “surge” in sales since reopening its doors last week, with a 30% increase in year-on-year sales on its opening day alone. The family-owned jeweller reopened 58 stores in England and one in Northern Ireland on 15 June. In addition to the surge in sales,…
Read More »
