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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Sep- 2021 -8 SeptemberRetailers
De Beers Group seventh cycle diamond sales reach £374m
De Beers Group has announced a provisional value of its rough diamond sale of $515m (£374m) for the period 23 August to 7 September for the seventh sales cycle of 2021. Due to the existing Covid-19 restrictions, the group has continued to implement a more “flexible approach” to rough diamond…
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Aug- 2021 -17 AugustEconomy
Unemployment falls to 4.7% as job vacancies hit record high
UK unemployment fell to 4.7% for the quarter to 30 June 2021, a drop of 0.2% when compared to the previous three month period. According to the ONS, this was coupled by a 0.3% rise in the UK employment rate to 75.1% in the same period, closing the gap with…
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13 AugustRetailers
Alrosa sees Q2 profits reach £3.1bn amid ‘stronger’ sales
Alrosa has reported that net profit for Q2 climbed 26% QOQ to RUB 30.2bn (£3.1bn) from RUB 24bn (£2.4bn) the previous year as the group experienced a stronger return on sales. Revenue for the period also increased by 3% QOQ to RUB 94bn (£9.5bn) and was primarily driven by a…
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Jul- 2021 -2 JulyRetailers
Furlough numbers drop by almost half
The number of people on furlough has almost halved in three months to the end of May 2021, according to HM Treasury. More than one million workers came off furlough in the four weeks between the end of April and the end of May which coincided with the start of…
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Jun- 2021 -30 JuneRetailers
Berry’s FY20 turnover hits £34.6m
Berry’s Jewellers, the trading name of Berens and Company, saw turnover increase 3.3% year-on-year to £34.6m for FY20. The group’s operating profit also grew in the year ended 30 June 2020, rising from £4.1m in FY19 to £4.2m the following year. Net cash at the jewellery and Swiss watches provider…
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28 JuneRetailers
Ernest Jones to launch ‘Thank You’ NHS support pin
Ernest Jones has announced the launch of the ‘Thank You’ Pin in support of the NHS front-line workers on Friday 2 July 2021. Created by TMB Art Metal, £10 from every sale will be donated to NHS Charities Together with the hope that the pin will raise a minimum of…
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14 JuneAuctions
UK auction house launches new online store
John Pye, the leading UK auction house, has announced the launch of its brand-new online store. The John Pye Luxury Shop will be part of the business’ new diversification model and will allow its customers to purchase “one-of-a-kind items” from luxury designers. Recently, the auctioneer expanded into Northern Ireland with…
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4 JuneManufacturers
De Beers Group pledges further £5m in Covid-19 support
De Beers Group has announced that together with its joint ventures it will pledge $6.8m (£4.8m) to support the national vaccine procurement and roll-out programmes of its government partners in Botswana and Namibia. The latest pledge will see the company, in partnership with its joint ventures, contribute £3.6m to Botswana…
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May- 2021 -24 MayRetailers
Beaverbrooks secures top ranking in Best Companies to Work For list 2021
Beaverbrooks has announced that it has ranked number one in the 100 Best Companies to Work For list 2021, in addition to being named as ‘Retail’s Best Company to Work For’. The jeweller, which was ranked number nine in 2020, has featured prominently in the list for 18 consecutive years,…
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19 MayManufacturers
De Beers fourth cycle diamond sales reach £268m
De Beers Group has announced a provisional value of its rough diamond sales of $380m (£268m) for the period 3 May to 18 May 2021 for the fourth sales cycle of 2021. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, the…
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