E-Commerce
E-commerce has become a vital channel for the UK jewellery trade, transforming how jewellers, designers, and suppliers reach customers and grow their businesses. From website optimisation and digital marketing to logistics and customer experience, the online marketplace presents both opportunities and challenges. Jewellery Focus provides expert coverage on e-commerce trends, technology innovations, consumer behaviour insights, and strategies to help jewellery professionals succeed in an increasingly digital retail landscape.
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Mar- 2021 -5 MarchDesigners
Alkemistry online sales soar 315%
Independent fine jewellery brand The Alkemistry has reported a โrecordโ 315% growth in year-on-year e-commerce sales, despite the pandemicโs impact on business at its Floral Street concept store.ย In its latest update, the group said it was able to capitalise on shifting consumer trends during the period, as it noted…
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4 MarchSponsored
BAUNAT: The online brand disrupting the industry
Back in 2008, when savvy industry insiders Steven Boelens and Stefaan Mouradian founded their diamond jewellery brand BAUNAT, they ripped up the proverbial rule book in the process. Merging Antwerpโs age-old tradition of jewellery-making with the convenience of online shopping, the duo created an e-commerce site that is solely dedicated…
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4 MarchDesigners
Monica Vinader reports 21% rise in turnover for holiday season
Monica Vinader has reported a successful trading period over the holiday season, despite disruptions resulting from the Covid-19 pandemic, with turnover increasing 21% compared to the same period in 2019. The British companyโs e-commerce sales also rose by 68% over the winter period, citing its funding from HSBCโs Coronavirus Large…
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Feb- 2021 -26 FebruaryDesigners
Lucy Quartermaine welcomes boost in online sales
Designer silver brand Lucy Quartermaine has welcomed โamazingโ success in trading after online sales soared by 88% in January against last year.ย According to the group, this marked a continuation of an โexcellentโ e-commerce performance reported in the final quarter of 2020, with its website seeing a 145% increase in…
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4 FebruaryRetailers
โRobustโ online sales offset store closures at Watches of Switzerland
Watches of Switzerland has welcomed a period of strong trading in its third quarter ended 24 January 2021, with group revenue up by 6.6% to ยฃ272.6m despite the ongoing pandemic. This was bolstered by a โrobustโ e-commerce performance in the UK, which offset continued store closures throughout the period.ย UK…
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Jan- 2021 -14 JanuaryRetailers
Signet welcomes โstrongโ holiday trading
Signet Jewelers has reported a period of strong trading over the holiday season, with total sales reaching $1.8bn (ยฃ1.3bn), flat to last year, in the nine weeks ended 2 January 2021.ย In the same period, same store sales improved 5.6% year over year. Meanwhile, e-commerce sales soared by 60.8% against…
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5 JanuaryEconomy
Diamond trading slows over Christmas
Diamond trading slowed down over the holiday season as the industry shifted focus to retail and as diamantaires took their end-of-year break, according to Rapaport USA. The volume of 1-carat diamonds on RapNet declined 24% in the second half of 2020, with the top 10% of diamonds in that category…
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Dec- 2020 -18 DecemberNews
Watches of Switzerland launches virtual boutique
Watches of Switzerland has announced that it will be using the Vee24 platform to create a โvirtual boutiqueโ for customers seeking guidance and inspiration while shopping for luxury watch brands. The group said that following a surge in online sales since May 2020, it has โraised the barโ in how…
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17 DecemberRetailers
Watches of Switzerland profits soar in half-year results
Watches of Switzerland has reported an increase in its half-year profits, with profit rising to ยฃ36.2m in the 26 weeks ended 25 October, up from a ยฃ9m loss reported the prior year. Total sales fell 2.6% on a constant currency basis to ยฃ428.7m in light of forced lockdowns and other…
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14 DecemberEvents
GJEPC announces international buyers show
The Gem and Jewellery Export Promotion Council (GJEPC) has announced that it will organise its first โexport-orientedโ International Gem & Jewellery Show (e-IGJS) for international buyers online from 18 to 22 January 2021. The council said that merchandisers representing major and independent retailers, design houses, jewellery manufacturers, importers, exporters and…
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