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.
-
Apr- 2016 -26 AprilAuctions
Phillips to expand international watches team
Auction house Phillips has announced a “significant” expansion to its team of international watch specialists, with new roles in New York, Geneva and Hong Kong. The new appointments include Douglas Escribano as senior international specialist in New York; Amy Chow as senior specialist in Hong Kong; and Alex Ghotbi as…
Read More » -
26 AprilCurrent Affairs
Petra Diamonds revenue soars 25% in Q3 results
Petra Diamonds has announced its revenue rose 25% to $120.5m (£82.9m) in the third quarter (Q3) of the 2016 financial year, when compared with the same period in 2015. In its latest trading update for the period from 1 January to 31 March, Petra said its revenue was pushed up…
Read More » -
15 AprilRetailers
Tustains Jewellers set to undergo ‘major refurbishment’
Warwickshire jewellers Tustains has announced plans to triple the size of its showroom as part of a “major investment” planned for the summer. The firm, which has been based in Leamington for more than 120 years, will undergo a significant expansion this year in a move which is expected to…
Read More » -
11 AprilCrime
VIDEO: Illegal gold mining is ‘driving organised crime in Latin America’
Illegally mined gold in South America has overtaken cocaine and is now the “most important” way to earn money for organised crime gangs, according to a new report. The new report, from The Global Initiative Against Transnational Organised Crime, found in Peru and Colombia – the largest cocaine producers in…
Read More » -
7 AprilUncategorized
VOHS: Becky Rowe Jewellery
Name: Becky Rowe Jewellery Location: St Martin, Guernsey, Channel Islands Years established: September 2011 Number of staff: Five Website: www.beckyrowejewellery.com When was Becky Rowe Jewellery founded? In February 2011, my brother Sam and I went to The Munich Jewellery Show. It was then that we realised the combination of my…
Read More » -
7 AprilVoice On The Highstreet
VOHS: Banks Lyon
Name: Rodney Banks Lyon Location: Lancaster Year Established: 1985 Number of Staff: 12 Website: www.bankslyon.co.uk When was Banks Lyon founded? Banks Lyon Jewellers was founded by myself in 1985. Having served various apprenticeships at H. Samuel, Mappin & Webb and Goldsmiths alongside gaining a distinction in my FGA, my father was…
Read More » -
Jan- 2016 -25 JanuaryEconomy
Petra Diamonds revenue falls 28% in first-half results
Petra Diamonds has announced that revenue for the first six months of the financial year – ending December 31 – fell 28% to $154m (£108m). The fall in revenue was despite a 2% increase in production to 1,629,403 carats – compared with 1,601,069 carats in the same period last year…
Read More » -
Dec- 2015 -15 DecemberDesigners
Miglio opens first concession store in Germany
Miglio Designer Jewellery has announced the opening of its first-ever concession store within German department store ‘Galeria Kaufhof’. The new concession store, located in Munich, features Miglio’s signature pink and white colour scheme, which the company said provides the “perfect backdrop” for its interchangeable and collectable jewellery range. Miglio is…
Read More » -
10 DecemberRetailers
boutique.Goldsmiths opens 7 new stores
Aurum Holdings has announced the launch of seven boutique.Goldsmiths stores in Bradford, Newcastle, Reading, Sheffield, Solihull, Guildford and Southampton. The stores, which opened throughout November and December, are part of Aurum’s expansion plans to its existing retail portfolio and e-commerce channels. The new stores feature digital screens that will replace…
Read More » -
7 DecemberBrand Profiles
A case in point
Celebrating history, cultivating quality and offering value for money simultaneously is no mean feat, but family-owned watch manufacturer Pointtec has hit the mark. TOM DAVIS sits down with managing director of Pointtec UK, the company’s UK distributor, to learn about the brand’s ambitions. [divider style=”solid” top=”20″ bottom=”20″] It’s rare for…
Read More »
