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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Dec- 2015 -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,…
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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…
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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…
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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…
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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…
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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…
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Sep- 2015 -28 SeptemberRetailers
Mappin & Webb receives royal warrant expansion
Mappin & Webb has received an expansion to its royal warrant after being appointed Royal Warrant Holder as Jewellers, Goldsmiths and Silversmiths to Her Majesty The Queen. The jewellery store, which has held a royal warrant as Silversmiths to Her Majesty The Queen since 1897, has now been appointed jewellers…
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18 SeptemberInternational
Petra Diamonds revenue drops 10% in full year results
Petra Diamonds has announced that revenue for the year ended 30 June 2015 dropped by 10% to $425m (£271.7m) compared with the previous year, according to its preliminary unaudited results. Net profit after taxation was down a more considerable 33% to $62.8m (£40.2m). The firm put the decreases down to the reliance of its underground mines on…
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Aug- 2015 -17 AugustQ&A Sessions
INTERVIEW: Scott Thompson, 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 Thompson. Give us a 60-second roundup of what’s been going on in the last 12 months We’ve expanded our footprint in Hong…
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Jul- 2015 -27 JulyEconomy
Petra Diamonds production up but revenue falls 10%
Independent mining firm Petra Diamonds has reported a fall in revenue despite an increase in production in its full year financial results, ending June 30. Revenue for the company was down 10% to $425m (£273.9m), which it put down to lower average diamond prices than in the same time last…
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