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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Nov- 2016 -21 NovemberEconomy
Retailers ‘bullish’ for Black Friday and Christmas sales
Retailers are optimistic that they will achieve a positive result in their biggest sales period, with most anticipating increased revenues on Black Friday and across the Christmas period. The Barclays Christmas Survey 2016 found the majority of retailers are more confident about Christmas trading compared with 2015 (60%), with just…
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Oct- 2016 -6 OctoberEconomy
Diamond prices stable in September
The diamond market was steady in September with better-than-expected sentiment at the Hong Kong Jewellery & Gem Fair. The latest RapNet Diamond Index (RAPI) from the Rapaport Group found the polished market was supported by “relatively high” rough prices as suppliers held polished prices firm, preferring to delay sales rather…
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Sep- 2016 -14 SeptemberEconomy
Millennials spent $25bn on diamond jewellery in 2015, says De Beers
Millennials spent more than US$25 billion on diamond jewellery in 2015 in the four largest consumer markets, acquiring more than any other generation, according to The Diamond Insight Report 2016, published today by The De Beers Group of Companies. Despite millennials (those aged 15-34 in 2015) facing more financial challenges…
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Feb- 2016 -12 FebruaryRetailers
Jewellery sales up 7.8% at Centre:mk
Milton Keynes shopping centre, Centre:mk, has reported a 7.8% increase in jewellery sales in 2015 compared with the previous year. The shopping centre, which is jointly owned Hermes Investment Management and AustralianSuper, includes jewellery retailers such as Beaverbrooks, Goldsmiths, Fraser Hart, H Samuel, Leslie Davis, F Hinds, Ernest Jones and…
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1 FebruaryEconomy
Retail growth steady but expected to slow next month
Retail sales were steady over the year to January beating retailers’ expectations of a slight slowdown, according new data from the Confederation of British Industry (CBI). The organisation’s latest monthly Distributive Trends Survey of 126 companies found that 41% of retailers said that sales volumes were up in January on…
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Jan- 2016 -20 JanuaryDesigners
Tiffany & Co sales rise in the UK despite disappointing festive period
Tiffany & Co has reported an increase in sales in the UK despite a Christmas holiday period many found disappointing. For the two month period ending 31 December, Tiffany said on a constant exchange rate basis worldwide net sales declined by 3%, while same-store sales declined by 5%. Declines in…
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7 JanuaryEconomy
Christmas spending up 4% but high street slumps
Year-on-year consumer spending was up 4% over the Christmas period but there was a huge divide between online retailers and high street stores, according to new research. The latest monthly spending data analysis by Barclaycard found that growth in this period (22 November to 26 December) was driven entirely by…
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Aug- 2015 -13 AugustEconomy
UK gold demand grows 6% while Asia’s appetite declines
Global gold demand fell by 12% in the second quarter of 2015 compared with the same period last year, according to the World Gold Council’s (WGC) Gold Demand Trends Report. But demand in Europe and the US grew, driven by a mixture of increasingly confident jewellery buyers and strong demand…
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11 AugustEconomy
Jewellery and watches help drive UK retail sales in July
Retail sales in the UK were up 1.2% on a like-for-like basis from July 2014, when they had decreased 0.3% on the preceding year. This is according to the British Retail Consortium (BRC) and KPMG Retail Sales Monitor which found that on a total basis sales were up 2.2%, against…
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Jul- 2015 -8 JulyEconomy
Non-food shop price deflation slows in June
The deflation of non-food shop prices slowed to 1.9% in June compared with a drop of 2.5% in April and May. This is according to the BRC-Nielsen Shop Price Index which found overall shop prices reported deflation of 1.3% in June, up from the 1.9% recorded in May. The fall…
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