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- 2017 -2 MayTrade Organisations
IIDGR launches first diamond detection course
The International Institute of Diamond Grading and Research (IIDGR) has announced the launch of a world-first Synthetic Diamond Detection course. The program run by the Institute, which is part of De Beers, will be a two-day lab course. It will be unveiled at the end of the JCK trade in Las…
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Feb- 2017 -10 FebruaryTrade Organisations
NAJ secures 56 applications for membership in new Spring Fair recruitment drive
The National Association of Jewellers (NAJ) attracted a record number of membership applications during this year’s iteration of Jewellery & Watch in Birmingham. Applications came from across the whole supply chain including 17 suppliers, 17 designers, three international, one jewellery industry associate and 19 retailers. NAJ chairman, Simon Johnson, said: “I…
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Jan- 2017 -3 JanuaryEconomy
Diamond prices decline in December amid ‘India liquidity crisis’
Polished diamond prices softened in December as Indian liquidity dried up due to the government’s demonetisation policy, which eliminated 500 and 1,000 rupee notes. The RapNet Diamond Index (RAPI), from the Rapaport Group, found the price of 1-carat, GIA-graded, polished diamonds fell 1.3% during the month, while 3-carat diamonds and…
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Nov- 2016 -17 NovemberE-Commerce
October online sales growth at highest since Black Friday 2014
The value of online retail sales grew 18.9% in October compared with the same month last year – the highest year-on-year growth rate for any month since Black Friday 2014. The latest IMRG Capgemini eRetail Sales Index found the growth was up on a comparatively low rate in October 2015,…
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Sep- 2016 -28 SeptemberEconomy
Retail sales fall in September but growth expected to return next month
Retail sales volumes fell in the year to September following last month’s increase, according to the latest CBI monthly Distributive Trade Survey. The survey of 120 firms, of which 63 were retailers, showed that the volume of sales fell, despite expectations last month that sales would be largely unchanged. However,…
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Aug- 2016 -9 AugustTrade Organisations
De Beers partners with NAJ to launch new diamond grading service
The National Association of Jewellers (NAJ) has announced a partnership with De Beers’ diamond grading service in the UK. The service – a partnership between NAJ and the International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group of Companies – will see NAJ members benefit…
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May- 2016 -12 MayEconomy
UK gold jewellery demand up 1% despite worldwide decline
Demand for gold jewellery in UK increased by 1% in the first quarter of 2016, despite an overall gold jewellery decline. That’s according to the latest report from the World Gold Council (WGC), which found global gold jewellery demand fell 19% in the first quarter of the year to 482…
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10 MayEconomy
Retail sales fall flat in April amid cold weather
Retail sales fell flat for the second consecutive month after unseasonably cold weather kept consumers away from the high street, according to new research. The latest Retail Sales Monitor, from the British Retail Consortium (BRC) and KPMG, found like-for-like sales were down 0.6% compared with the same month last year,…
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Apr- 2016 -25 AprilEconomy
Consumer confidence dips in Q1 2016
Consumer confidence fell in the first three months of 2016, according to the latest Consumer Tracker from business advisory firm Deloitte. The quarterly survey of 3,000 UK consumers revealed a renewed caution in the consumer section, with confidence falling by 3% year-on-year in the first quarter of the year- from…
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Mar- 2016 -16 MarchEconomy
‘Jewellers thriving’ as net closure of retail stores falls 50% in 2015
Jewellers are said to be among the list of retail categories managing to thrive as the net closure of retail stores dropped by 50% in 2015. A PwC analysis compiled by the Local Data Company found despite the rate of openings remaining constant at 13 per day in 2015, the…
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