Expansion
Expansion in the jewellery trade signifies strategic growth—whether through entering new geographic markets, launching additional retail outlets (including concessions and pop-ups), diversifying product lines, or broadening online presence. Such developments reflect consumer confidence, brand ambition, and supply-chain agility. Jewellery Focus delivers in-depth, trade-focused coverage of expansion activity across the UK market, spotlighting growth strategies from fledgling designers, established retailers, and manufacturers. We report on site selections, financing approaches, digital vs. physical channel decisions, logistical scaling, and performance measurement. Our analysis supports jewellers, brand teams, distributors, financiers, and suppliers in evaluating risks and opportunities tied to growth initiatives and in executing sustainable, profitable expansion plans.
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Aug- 2023 -1 AugustManufacturers
De Beers sees revenues drop to $2.8bn in H1
De Beers has revealed that its total revenue decreased to $2.8bn (£2.19bn), with rough diamond sales decreasing to $2.5bn (£1.96bn), during the first half of the year. It said that the high levels of polished diamond inventory in the midstream coming into 2023, as well as the ongoing macroeconomic headwinds,…
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Jul- 2023 -12 JulyAppointments
Gabriel and Co. appoints new vice president
Fine jewellery leader, Gabriel and Co has announced that Elda Fistani has joined the team as vice president – Retail. In her new role, Fistani will be responsible for growing retail partnerships within the US, Canada as well as internationally, driving revenue growth strategies, overseeing sales, and leading the company’s…
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11 JulyRetailers
Laings starts recruitment drive for relocated showroom
Independent jewellers Laings has announced that it is launching a recruitment drive ahead of the opening of its relocated showroom in Southampton. The retailer is looking for at least 10 talented individuals to join the team at the new 9,000 sq ft showroom. The new recruits will join a wider…
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6 JulyDesigners
Astrid and Miyu to open three new stores amid period of strong growth
Jewellery brand Astrid and Miyu plans for three stores to open in the UK and US across Q2 and Q3, following a year of growth and seven store openings. The openings also come after Astrid and Miyu expanded into international territories opening its first store in the US in New…
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Jun- 2023 -19 JuneRetailers
Anne Sisteron achieves Butterfly Mark
Fine jewellery brand Anne Sisteron has achieved the Positive Luxury Butterfly Mark. To achieve the Butterfly Mark, companies must achieve a minimum of 50% in each area of ESG assessment. Anne Sisteron achieved 67% in environment, 57% in social and in governance. Sustainability, charitability and the championing of women are…
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2 JuneRetailers
Laings jewellers opens new Tag Heuer boutique
Family-owned luxury jewellers, Laings, has announced the opening of a new Tag Heuer boutique on Glasgow’s Buchanan Street. The news comes after Laings announced that it is investing £5m in a new flagship store in Rowan House on Glasgow’s Buchanan Street. The new store, which will open later this year,…
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May- 2023 -30 MayRetailers
Austen and Blake opens new Chester store
Luxury diamond jeweller Austen and Blake has opened a new store in Chester city centre. Located in the historic area of Eastgate Street, the store will bring the brand’s unique concept of custom-made designs to the high street, allowing customers to create their own customised jewellery. The made-to-order service allows…
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16 MayRetailers
Lily Arkwright opens London showroom
Lily Arkwright has announced the opening of its new London showroom as a result of strong customer demand. This new showroom is the first venture south for the sustainable fine jewellery brand established in Manchester. The brand’s current showroom is based in Didsbury and situated on the first floor of…
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10 MayRetailers
Queensmith acquires Vashi.com domain
Queensmith has announced the acquisition of Vashi.com’s domain following its liquidation, for an undisclosed sum. In addition to purchasing the Vashi domain, Queensmith has also employed a number of Vashi staff who had been left redundant in the wake of its collapse. Despite achieving sales of £100m in 2021 and…
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Apr- 2023 -26 AprilRetailers
Chupi continues expansion with new lab grown diamond collection
Dublin-based Chupi has launched its new One in a Trillion collection and also confirmed its plans to expand in the UK. Founder, CEO and designer, Chupi Sweetman, founded the jewellery brand in 2013 in Dublin with an aim to design heirloom jewellery which “captures and celebrates life’s moments of love,…
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