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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Apr- 2023 -24 AprilRetailers
Cara Jewellers opens first international boutique in Mayfair
Dubai-based Cara Jewellers has opened its first international boutique in Burlington Arcade, Mayfair. Cara Jewellers was first established in Dubai in 2005 by Kiran and Anil Pethani, who have more than three decades of experience in the international jewellery industry. Since then, Cara Jewellers has established its presence across 14…
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Mar- 2023 -28 MarchRetailers
Pandora appoints new chief of retail operations
Pandora has appointed Massimo Basei as the company’s new chief of retail operations from 1 April 2023. Basei is promoted from general manager, Southern Europe, Middle East and Africa and will report to CEO Alexander Lacik and serve on Pandora’s Executive Leadership Team. Pandora also announced that its nine market…
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24 MarchRetailers
Beaverbrooks continues expansion with new boutique in Leeds
Beaverbrooks has invested over £650,000 in yet another store in White Rose Leeds and has introduced the shopping centre’s first Tag Heuer Boutique. The brand new store and the Tag Heuer Boutique is situated in White Rose Shopping Centre where shoppers have access to a selection of the luxury Swiss…
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21 MarchRetailers
Beaverbrooks invests £900k to open new store and watch boutique
Family-owned national diamond, jewellery and watch retailer, Beaverbrooks, has invested £900,000 in its new upsized York store and has introduced the city’s first Tag Heuer Boutique. The brand new store and the Tag Heuer Boutique, is situated in York’s bustling Davygate, where shoppers have access to a selection of the…
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13 MarchAppointments
Opsydia appoints new sales and marketing director
Diamond and gemstone security specialist, Opsydia, has appointed Jimmy Gove to the position of sales and marketing director, effective immediately. Opsydia is recognised for its technology that places unique identifiers on and beneath the surface of gemstones to secure their identity. Gove brings to Opsydia more than a decade of…
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Feb- 2023 -10 FebruaryRetailers
Watches of Switzerland falls short of expectations amid Christmas strikes
Watches of Switzerland has reported that its revenues increased 17% to £407m in the 13 weeks to January 29 this year, narrowly falling short of analysts’ consensus expectations of £425m. The company said its lower than expected sales growth was because of rail and postal strikes over Christmas and general…
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Jan- 2023 -27 JanuaryRetailers
Vacancy rates improve to 13.8% in Q4
The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than Q3 and 0.6 percentage points better than the same period last year, according to the latest BRC/LDC monitor. This was the fifth consecutive quarter of falling vacancy rates. All locations…
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Nov- 2022 -30 NovemberRetailers
Goldsmiths relocates to Cribbs Causeway showroom
Goldsmiths has relocated to a new showroom in Cribbs Causeway shopping mall, Bristol. The new Goldsmiths showroom is more than double the former retail location, with a wrap around glass frontage and fresh interior concept, which includes: The light, open plan showroom features a monochrome palette of materials such as…
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18 NovemberRetailers
Laings invests £3M in major southampton move
Luxury jewellery retailer Laings has announced it is opening a new £3m showroom in Southampton. Laings will move from their current showroom to a site in the Westquay shopping centre formerly occupied by Victoria’s Secret. The move is expected to create “several” new jobs in the area. Opening in summer…
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1 NovemberRetailers
Goldsmiths opens first Gucci shop-in-shop boutique
Goldsmiths has opened its latest new luxury concept showroom at Meadowhall Shopping Centre in Sheffield, featuring the group’s first Gucci shop-in-shop boutique. The Gucci shop-in-shop boutique has its own dedicated entrance to the space in addition to the opening linked with the main Goldsmiths showroom. The boutique will have both…
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