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 pandemic’s lasting impact is essential to building resilience and adapting strategies. Jewellery Focus offers in-depth coverage of Covid-19’s 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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Feb- 2022 -18 FebruaryRetailers
Retail sales up 1.9% in January 2022
Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the latest figures from the Office for National Statistics. It also revealed sales volumes were 3.6% above their pre-coronavirus (Covid-19) February 2020 levels. Non-food stores sales rose by 3.4% as home…
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7 FebruaryEconomy
Consumer confidence falls for second consecutive quarter
The Deloitte Consumer Tracker has revealed UK consumer confidence fell by one percentage point in Q4 2021 to -11%, the second consecutive quarter of decline. Deloitte said the result comes after consumers started to feel the “squeeze of inflation” and pockets were hit with higher household bills. Personal expenditure in…
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Jan- 2022 -12 JanuaryAdvice
2022 trends that will influence the jewellery industry
Many of us see the new year as the perfect time for a style refresh, and consumers who are finding a new sense of style will no doubt be interested in updating their jewellery boxes too. This means it’s a particularly important time for businesses in the jewellery industry to…
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Dec- 2021 -22 DecemberRetailers
De Beers rough diamond sales drop to £249.35m
De Beers Group has announced its provisional rough diamond sales for the tenth cycle of 2021 has fallen year-on-year by 26% from $452m (£339.48m) to $332m (£249.35m). The value of rough diamond sales has also fallen by 24% compared to the group’s ninth cycle sales this year of $438m (£328.97m).…
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8 DecemberEvents
IEG’s Vicenzaoro January to return in 2022
The Italian Exhibition Group has announced that its Vicenzaoro January International Jewellery Show will return to and run from 21 to 26 January 2022. Due to Covid-19 restrictions in place last year, the trade show took place online, with next year hoping to be a return to physical attendance At…
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Nov- 2021 -9 NovemberRetailers
Beaverbrooks profits remain resilient
Family-owned national jewellery retailer, Beaverbrooks, has announced its group turnover for the financial year 2020/2021 was £123.1m, down only 14% from £143.2m against 2019/20 levels which was the brand’s most profitable year of its 102-year history. Following “significant investments”, Beaverbrooks ended the financial year with a group operating profit of…
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Oct- 2021 -25 OctoberUncategorized
Miriam Elizabeth: How to start a business during a global pandemic
Starting a business during a global pandemic in a saturated market? One could think an individual crazy, but I fell in love with this industry from the first moment I became immersed in it. The past seven years of experience within this sphere, and more specifically the latter ten months…
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Sep- 2021 -28 SeptemberRetailers
Sif Jakobs Jewellery director to step down
Sif Jakobs Jewellery has announced that Mark Riddle, the director for UK and Ireland, will leave the company on 30 September 2021. After three-years at the helm, Riddle said that during his time at the group, despite the challenges of Covid-19 and Brexit, wholesale sales trebled since 2018. With over…
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13 SeptemberNews
RCJ calls for ‘immediate industry action’ amid gender equality report
The Responsible Jewellery Council has called for “collective and immediate action” in regards to the jewellery industry’s fight for gender equality, amid the unveiling of its new report. The report, titled: ‘The time is now to accelerate SDG 5, achieve gender equality, and empower all women and girls’, has been…
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10 SeptemberEconomy
UK economic growth slows, ONS reveals
UK economic growth slowed down in July, growing by 0.1% compared with 1% in June 2021, according to the latest data by the Office of National Statistics (ONS). With the spread of the Delta variant and the “pingdemic” taking its hold in July, gross domestic product (GDP) still remains 2.1%…
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