Expansion
Expansion in the jewellery trade signifies strategic growthโwhether 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. JewelleryโฏFocus 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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May- 2023 -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 brandโs 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.comโs 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 ยฃ100m 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 โcaptures and celebrates lifeโs moments of love,…
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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 companyโs 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 Pandoraโs 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 ยฃ650,000 in yet another store in White Rose Leeds and has introduced the shopping centreโs 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 ยฃ900k to open new store and watch boutique
Family-owned national diamond, jewellery and watch retailer, Beaverbrooks, has invested ยฃ900,000 in its new upsized York store and has introduced the cityโs first Tag Heuer Boutique. The brand new store and the Tag Heuer Boutique, is situated in Yorkโs 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 ยฃ407m in the 13 weeks to January 29 this year, narrowly falling short of analystsโ consensus expectations of ยฃ425m. 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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