Consumer Spending
Consumer spending trends are a key indicator for the UK jewellery trade, shaping demand across luxury, mid-market, and fashion segments. For jewellers, designers, and suppliers, understanding shifts in disposable income, purchasing behaviour, and economic confidence is critical to planning collections, pricing strategies, and marketing campaigns. Jewellery Focus provides expert coverage on consumer spending patterns, market analysis, and economic insights to help trade professionals navigate changing customer priorities and maximise commercial opportunities.
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Jul- 2019 -15 JulyRetailers
Retail footfall ‘slumps’ in June
Footfall declined by 2.9% in June, attributed to the “exceptional and ongoing disruptive political and economic period”, according to retail intelligence firm Springboard. On a three-month basis, footfall decreased by 2.4%, and the six and 12–month averages were found to be -1.3% and -1.7% respectively. High street footfall also declined…
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May- 2019 -23 MayRetailers
Thomas Sabo announces CVA plans, five stores to close
Jewellery brand Thomas Sabo has proposed CVA plans which will see five UK stores close. According to reports the CVA will not affect its wholesale business which is run by Thomas Sabo Germany. The business also plans to move any staff that are affected by the CVA to other areas…
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Apr- 2019 -16 AprilRetailers
Springboard predicts Easter weekend footfall to ‘bounce back’
According to retail experts Springboard, Easter weekend UK footfall is forecast to rise by +2.1%, bringing a “sigh of relief” to high streets and retail parks in what has been a challenging year. The forecast expects a “bounce back” over the key trading period from what was a poor Easter…
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11 AprilRetailers
Retail openings slump to lowest levels on record, says PWC
A record net 2,481 stores disappeared from the UK’s top 500 high streets in 2018, according to PwC research compiled by the Local Data Company (LDC). According to the firm, store openings also dropped to nine a day – almost half the levels of five years ago – due to…
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Jan- 2019 -7 JanuaryAnalysis
What does Brexit mean for the high street jeweller?
2018 has been a tumultuous year for the UK high street and Brexit is now just over the horizon, bringing with it the culmination of two years of wrangling, debate and uncertainty about what will be the state of UK will be once we leave. But Simon Forrester, CEO of…
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Aug- 2018 -28 AugustEditor's Blog
Not so charmed
This month brought the news that Anders Colding Friis would stepping down as president and CEO of Pandora by the end of August. His departure was announced against a backdrop of shares which slumped by nearly a quarter on Tuesday 7 August after a reduced sales and profit growth forecast,…
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21 AugustRetailers
Online retail spending stutters after England World Cup exit
UK online retail sales slipped to their lowest year-on-year (YoY) growth in 2018 so in July, as consumer spending “slumped” in the weeks following the end of World Cup. According to the latest IMRG Capgemini e-Retail Sales Index, online sales increased by just 10% (YoY) in July, below the three,…
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May- 2018 -14 MayRetailers
Retail consumer spending sees sharpest drop since 2012
Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell by 5.4% in April when compared to the same period last year, while overall consumer spending fell by 2%, matching March’s year-on-year figures. Online spending was also down by 0.1%.…
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4 MayEconomy
43,000 retailers in ‘financial distress’
Nearly 43,000 retailers ended the first quarter of the year in a state of ‘significant’ financial distress, according to research from insolvency firm Begbies Traynor. Its ‘Red Flag Alert’ research for Q1 2018, which monitors the financial health of UK companies, found the number of firms in the category was…
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Mar- 2018 -14 MarchInternational
Research shows Brexit doesn’t mean exit for international retailers in London
Research from real estate advisor, Colliers International, reveals that in the face economic uncertainty due to Brexit, Central London still remains a prime destination for international brands. Colliers found over 50% of stores on core shopping streets are international brands and 30 new retailers have arrived in the last year…
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