Covid-19
Covid-19 brought unprecedented challenges to the UK jewellery trade, reshaping retail, supply chains, and consumer behaviour. For jewellers, manufacturers, and suppliers, understanding the pandemicโs lasting impact is essential to building resilience and adapting strategies. Jewellery Focus offers in-depth coverage of Covid-19โs effects on the industry, including market analysis, recovery efforts, e-commerce growth, and insights into how businesses are navigating a post-pandemic landscape.
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Aug- 2020 -25 AugustEvents
IJL 2021 cancelledย
Organisers of International Jewellery London (IJL), Reed Exhibitions, have confirmed that the 2021 edition of the event will no longer go ahead.ย Reed Exhibitions cited ongoing uncertainty surrounding the Covid-19 pandemic as the reason for the eventโs cancellation.ย News of the cancellation comes two months after exhibitors announced that IJL…
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24 AugustEconomy
Record economic growth anticipated for Q3
The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp declines in GDP at the peak of the Covid-19 pandemic in Q2. According to the Financial Times (FT), City of London economists have predicted a 14.3% rise in GDP for…
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19 AugustRetailers
Pandora revenues slump in Q2 resultsย ย ย ย ย ย ย ย ย
Pandora has reported revenues of DKK 2.87bn (ยฃ348m) in its second-quarter of trading, down from DKK 4.69bn (ยฃ569m) during the same period last year. Gross profit also decreased from DKK 3.5bn (ยฃ424m) to DKK 2bn (ยฃ242m), and Pandora now expects organic growth to be down 20% in 2020. The full-year…
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19 AugustRetailers
Usdaw leader launches petition to protect retail staff from violence and abuse
Usdaw general secretary Paddy Lillis has today (19 August) launched a House of Commons petition calling on the Government to legislate to protect shopworkers. The trade union said the petition has been launched in response to โcontinued growing assaults, threats and abuse against shopworkers and the doubling of such incidents…
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18 AugustEvents
IEG to host first international jewellery fair since lockdown
The Italian Exhibition Group (IEG) has introduced a new omnichannel event called Voice, in a bid to push the international jewellery industry to start up again amid the ongoing Covid-19 pandemic. An acronym for Vicenzaoro International Community Event, VOICE is formed of three parts: a summit (in real life and…
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14 AugustRetailers
Extra support needed for retailers to meet rent demands, says Bira
โPositive actionโ is needed to help retail businesses meet rent demands as they continue to recover from the Covid-19 crisis, The British Independent Retailers Association (Bira) has said. It comes as the British Retail Consortiumโs (BRC) proposed for a Property Bounceback Grant, after exclusive research revealed independent retailers were concerned…
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14 AugustAdvice
E-Commerce reputation should be top of your agenda
E-Commerce has been a fiercely competitive space for many years now, with retailers fighting for market share through unique user experiences, an omnichannel offering and broad partner integrations, to name a few. But since the Covid-19 pandemic hit and with increasing online spending, businesses need to focus more heavily on…
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12 AugustCurrent Affairs
UK in recession following 20% GDP slump
The UK economy has entered into a technical recession following a โrecordโ fall in gross domestic product (GDP) during the second quarter of the year. According to the Office for National Statistics, GDP slumped by 20.4% between April and June 2020, compared with the 2.2% drop seen during Q1 2020…
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11 AugustInternational
De Beers publishes diamond industry insights
The CEO of De Beers Group has shared a range of key insights for the diamond trade ahead of the 2020 holiday season, as well as in the context of Covid-19. The insights are based on the findings of comprehensive consumer research taken across the US, China and India, with…
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7 AugustEvents
BAJ reveals winners of NHS competition
The British Academy of Jewellery (BAJ) has announced the winners of its Pins of Praise design competition, which was launched in support of NHS staff and volunteers as the pandemic unfolded.ย The competition was open to both BAJ students and the general public, and challenged participants to use CAD skills…
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