Economy
The economy has a direct influence on the UK jewellery trade, affecting consumer spending, material costs, and business confidence across the sector. For jewellers, manufacturers, and suppliers, staying informed on economic trends is vital to planning and resilience. Jewellery Focus provides expert coverage of economic developments impacting the trade, including inflation, interest rates, consumer confidence, and supply chain challenges. Our reporting helps jewellery professionals understand the wider market forces shaping their business environment.
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Mar- 2015 -27 MarchAnalysis
Watch out for the Swiss franc
Swiss watchmakers have reacted to the strength of the franc by raising their prices in the Eurozone, but this is not necessarily bad news for UK retailers, finds TOM DAVIS Swiss watch exports have been soaring in recent years and in 2014 they reached a record high, bringing in a…
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20 MarchEvents
Jeweller nominated for Women in Business Awards
A Cheshire jeweller has been shortlisted for the Women in Business Awards covering the North West and the Isle of Man.ย Orit Adiri-Niemogha, managing director of H&D Diamonds, is one of 31 women in nine categories to have been shortlisted by an independent panel of judges for the annual awards.…
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19 MarchCurrent Affairs
BUDGET: BRC welcomes Osborne rates review, NI abolition for under-21s
The Chancellor has used his last budget of this Parliament to reconfirm his commitment to carry out the most โfar-reachingโ and โradicalโ review into the business rates system in a generation. The government first revealed that it would carry out a “comprehensive review” of the current outdated system during last…
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18 MarchQ&A Sessions
Q&A: Orbitvu (photography equipment)
[intro]Jewellery Focusย chats to Andrew Dibben, owner of AJโs Studio & Camera Supplies, the official supplier of Orbitvu in the UK, on what makes this innovative photography technology so unique.[/intro] Could you tell me a little about Orbitvu, how it works, and what it does? The Orbitvu Alphashot Micro is a…
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16 MarchEconomy
Net loss of UK stores almost triples in 2014
Nearly three times as many shops disappeared from UK high streets last year compared with 2013, according to new figures released today.ย The research from PwC, compiled by the Local Data Company (LDC), found that 5,839 stores closed in 2014 compared to 4,852 openings. This equates to a net reductions…
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10 MarchEvents
Jeweller scoops prize at Heart of Manchester Retail Awards
Manchester-based Christopher James Jewellers has picked up the Retail Team of the Year gong at the inaugural Heart of Manchester Retail Awards. The awards were created to celebrate Manchesterโs retail environment including the cityโs mix of high street stores, department stores, luxury and independent stores. A statement from Heart of…
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Feb- 2015 -12 FebruaryFeatures
SOAPBOX: Fancy colour diamonds in todayโs market
Eden Rachminov, one of the founders of the Fancy Color Research Foundation, explores how the rising popularity of fancy colour diamonds is affecting the jewellery industry, and what the increasing prices will mean going forward. There is a growing trend in jewellery design: the post-recession global economy coupled with a…
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Dec- 2014 -13 DecemberAnalysis
Taking Ownership
[intro]The Intellectual Property Act 2014 may help those designs that are registered, but TOM DAVIS finds out retailers have a duty to protect the large wealth of jewellery designers who have limited protection for their unregistered designs.[/intro] On October 1 the new Intellectual Property (IP) Act 2014 was introduced in…
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11 DecemberEconomy
Small Business Saturday boosts local spending
Consumers across the UK helped support Small Business Saturday on December 6, with 16.5 million people shopping in small independent businesses on the day.ย This support from shoppers represents a 20% increase in footfall on last year, with 2.7 million more shoppers when compared to the UKโs first Small Business…
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9 DecemberEconomy
UK to become largest luxury goods market in Europe by 2018
Luxury Goods retailing in Europe is forecast to reach $150bn (ยฃ96bn) by 2018, with the UK set to overtake France and Italy to become to become the leading luxury shopping market by 2018.ย This is according to forecasts from retail research agency Conlumino, which says that jewellery and watches is…
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