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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Feb- 2017 -20 FebruaryRetailers
Goldsmiths unveils extension to Glasgow store
High street jewellery chain Goldsmiths has unveiled its extended Goldsmiths store in Glasgow, featuring a TAG Heuer shop-in-shop. The 1,200 sq ft store – located in the Buchanan Galleries shopping centre – features a TAG Heuer branded area with a variety of the brand’s latest styles and collections, including the…
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Dec- 2016 -14 DecemberRetailers
Winsor Bishop eyes expansion with opening of new Cambridge store
Independent jewellery retailer Winsor Bishop has expanded its portfolio with the opening of its new store in Cambridge. The company’s second store – located on the city’s Trinity Street – cost £1m to set up, including a full refurbishment and the connection of two stores internally. It also includes a…
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13 DecemberRetailers
Goldsmiths launch Rolex lounge at Liverpool One store
Jewellery retail chain Goldsmiths has announced the opening of a Rolex lounge at its showroom in Liverpool’s shopping complex, Liverpool One. The recently re-designed store on Paradise Street has undergone a refurbishment, temporarily closing and reopening in November. This was ahead of the new Rolex room, which has now opened…
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8 DecemberInternational
De Beers unveils £3.9m expansion of its Surat diamond grading centre
De Beers, the world’s largest diamond mining company, has unveiled an expansion at its Surat diamond grading and testing centre. The $5m (£3.9m) expansion plan at its International Institute of Diamond Grading and Research (IIDGR) – part of the De Beers Group of Companies – follows the group’s initial $10m…
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Oct- 2016 -11 OctoberDesigners
Jewellery and watch profits up 4% for LVMH
The jewellery and watches division of luxury goods group (LVMH) has reported a 4% increase in revenues for the first nine months of the year. The division was boosted by a strong performance from Bvlgari, which continued to gain market share. The brand showed “major creative” momentum by enhancing its…
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6 OctoberEconomy
Diamond prices stable in September
The diamond market was steady in September with better-than-expected sentiment at the Hong Kong Jewellery & Gem Fair. The latest RapNet Diamond Index (RAPI) from the Rapaport Group found the polished market was supported by “relatively high” rough prices as suppliers held polished prices firm, preferring to delay sales rather…
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Sep- 2016 -21 SeptemberDesigners
Tessa Packard launches new collection
Jewellery brand Tessa Packard has announced the launch of its new fine jewellery collection, ‘For King & Country’. It is inspired by the Golden Age of Discovery – the period in history between the 15th and 18th Centuries, which is renowned for its exploration, sea voyages and adventures in the…
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7 SeptemberRetailers
Aurum Holdings opens the Watch Lab in Newcastle
The Watch Lab, part of Aurum Holdings following its recent acquisition, has opened its doors on Northumberland Street in Newcastle. Based within the Monument Wall development, the store represents the seventh Aurum-operated venture in the region joining stores such as the Northern Goldsmiths and Reid & Sons in Newcastle city…
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Jun- 2016 -13 JuneRetailers
Watches of Switzerland set to open new Knightsbridge store
Watches of Switzerland is set to complete what it calls a ‘golden triangle’ of London stores with the opening of its new Knightsbridge store later this month. The three-storey showroom will open on Brompton Road on 27 June and will feature the UK’s largest Patek Philippe in-store boutique, a rolex…
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May- 2016 -27 MayRetailers
Signet Jewelers reports record first quarter earnings
Signet Jewelers, the parent company of UK-based H Samuel and Ernest Jones, has reported record earning for the first quarter of the year. For the 13 weeks ending April 30, 2016, the company reported diluted earnings per share grew 26.4%. Same-store sales for the retail conglomerate were up 2.4% with…
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