Disposable Income
Disposable income levels have a direct influence on the performance of the UK jewellery industry, shaping consumer spending habits, product demand, and sales strategies. Changes in economic conditions, inflation, taxation, and wages all impact how much customers are willing to spend on fine, fashion, and luxury jewellery. Jewellery Focus covers economic trends, market analysis, and expert commentary on how fluctuations in disposable income affect retailers, wholesalers, and manufacturers. Our coverage equips trade professionals with the insights needed to adapt product ranges, pricing, and marketing to shifting consumer budgets.
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Oct- 2017 -19 OctoberEconomy
UK retail sales growth slows more than expected
UK retail sales growth slowed more than predicted in the month of September, according to the Office of National Statistics (ONS). The figures showed that total sales fell by 0.8% when compared with August, making it much lower than the 0.1% drop that was expected. Year-on-year retail growth for Q3…
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16 OctoberRetailers
Retail footfall drops in September
UK retail footfall dropped in September, with weekly average traffic 6.9% lower than in August. The month also rounded off Q3, in which footfall fell by 4.1% compared to 2016 – this was following a revival in Q2 when the deficit stood at only 1.0%. Ipsos Retail Performance, global retail…
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Apr- 2017 -18 AprilEconomy
London leads European retail market for third consecutive year
Central London remains the retail market leader in Europe according to a report from global real estate advisors, Colliers International. The report said its ongoing success is due to greater numbers of Britons and tourists spending more in the capital than any other market. The figures showed that London had…
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Nov- 2016 -10 NovemberCurrent Affairs
Rapaport: Trump victory will improve economy
Trump’s election victory coupled with Republican control of Congress will set the stage for improved economic conditions that will support increased demand for diamonds and jewellery, according to the Rapaport Group. In a statement on the US election result, the firm said lower taxes, higher domestic employment and the end of…
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May- 2016 -10 MayEconomy
Retail sales fall flat in April amid cold weather
Retail sales fell flat for the second consecutive month after unseasonably cold weather kept consumers away from the high street, according to new research. The latest Retail Sales Monitor, from the British Retail Consortium (BRC) and KPMG, found like-for-like sales were down 0.6% compared with the same month last year,…
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Apr- 2016 -25 AprilEconomy
Consumer confidence dips in Q1 2016
Consumer confidence fell in the first three months of 2016, according to the latest Consumer Tracker from business advisory firm Deloitte. The quarterly survey of 3,000 UK consumers revealed a renewed caution in the consumer section, with confidence falling by 3% year-on-year in the first quarter of the year- from…
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Aug- 2015 -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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Dec- 2014 -22 DecemberEconomy
Pre-Christmas sales see biggest growth since 1988
Retail sales in the run up to Christmas have accelerated at their fastest pace for almost 26 years, according to CBI’s latest monthly Distributive Trades Survey. The survey of 122 firms covers the fortnight ending December 11 and includes the sales-boosting effects of Black Friday. Grocers saw the strongest year-on-year…
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Oct- 2014 -21 OctoberEconomy
Consumer confidence hits three year high
Consumer confidence in Quarter 3 has reached its highest level in three years according to the latest Deloitte Consumer Tracker. According to the research Consumers’ confidence regarding their disposable income, level of debts and job progression has all increased. Overall consumer confidence is three percentage points higher than the same…
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Jul- 2012 -6 JulyEconomy
Jubilee lifts early-June footfall
The Queen's Diamond Jubilee provided an increase in footfall for non-food stores, according to the latest Retail Traffic Index (RTI).
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