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.
-
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 » -
7 DecemberRetailers
Goldsmiths WestQuay to reopen after £1m refurbishment
Goldsmiths WestQuay in Southampton is to reopen this week after an extensive £1m refurbishment. The high street jeweller has carried out a ‘luxury refit’ and also introduced a brand-new ’boutique.Goldsmiths’ iteration. The premises will be open to the public on 10 December. The refurbished Goldsmiths store will feature dedicated Omega, Breitling,…
Read More » -
Nov- 2015 -4 NovemberRetailers
Pre-tax profits up 29.6% for Chisholm Hunter
Scottish jeweller Chisholm Hunter has reported a rise in pre-tax profits of 29.6%, according to its latest financial update. In its full-year financial update ending March 2015, Chisholm Hunter reported that pre-tax profits rose from £2.7m in the previous year to £3.5m in 2015. Revenue stood at £29.6m during the…
Read More » -
2 NovemberCelebrities
Petra Diamonds’ production up but diamond prices slump
Petra Diamonds has reported an increase in production but a fall in diamond prices in its trading update for the period July 1 to October 27. In its first quarter results for 2016, Petra reported no revenues as its first diamond sale of the financial year was not until October…
Read More » -
Oct- 2015 -27 OctoberAppointments
Dix Noonan Webb enters jewellery market with Bonhams hires
International coins and medals specialists Dix Noonan Webb is entering the jewellery market with two Bonhams hires briefed to launch a new jewellery department. The new division will open for business on 11 November 2015, headed up by Frances Noble (assisted by Laura Smith), both of whom join from Bonhams. The new…
Read More » -
14 OctoberEvents
Mococo founders named Business People of the Year at local awards
Lee and Maureen Hooson, founders of jewellery retailer Mococo, have been named Independent Business People of the Year at the Merseyside Independent Business Awards. The husband-and-wife team and joint managing directors of the company scooped the accolade at a black tie ceremony held in Liverpool’s Titanic Hotel. Maureen said: “I’m…
Read More » -
9 OctoberBrand Profiles
Interview with Scott Thomson, CEO of Carat*
Luxury fashion jewellery brand Carat* spent the latter half of 2014 expanding its footprint both in the UK and overseas. MICHAEL NORTHCOTT caught up with founder and CEO, Scott Thomson [divider style=”solid” top=”20″ bottom=”20″] Give us a 60-second roundup of what’s been going on in the last 12 months We’ve…
Read More »
