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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Sep- 2023 -29 SeptemberE-Commerce
Ebay UK launches Authentication Guarantee for fine jewellery
Ebay UK has announced the expansion of its Authenticity Guarantee programme to fine jewellery, as customer demand for luxury items continues to gain momentum with double-digit growth. New and pre-loved fine jewellery sold for £500 and over will soon be eligible to be independently verified in collaboration with GIA, the…
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18 SeptemberRetailers
Beaverbrooks reports ‘record’ turnover of £225m
National family-owned jewellery, diamond and watch retailer, Beaverbrooks, has announced “record” turnover of £225m in its latest accounts (March 2022 to February 2023), an increase of 11.4% on the previous year. Its operating profit also amounted to £25.7m. Beaverbrooks said that despite the effects of the cost-of-living crisis and uncertain…
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13 SeptemberRetailers
Swarovski Created Diamonds collection launches globally
The Swarovski Created Diamonds collection is expanding globally to China, Italy, Korea, Japan, UK, Australia, France, Germany, Austria, and the UAE, after its debut launch in the USA and Canada. Swarovski Created Diamonds are 100% identical to mined diamonds – the only difference is how they originate. They are made…
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1 SeptemberDesigners
Queensmith to open new design and innovation centre
Queensmith has announced that it is set to open a new design and innovation centre in Hatton Garden. Located opposite Queensmith’s Greville Street store, the workshop will reside in a newly refurbished building cornering the entrance to Bleeding Heart Yard. Due to open towards the end of 2023, the workshop…
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Aug- 2023 -25 AugustRetailers
Pandora unveils new store on Oxford Street
Pandora has unveiled its new store on London’s Oxford Street making it the jewellery retailer’s third and biggest store along the high street. Located opposite Tottenham Court Station’s Elizabeth Line entrance, the new store’s design is inspired by the city of London with a Pandora-infused twist. The “spacious” layout and…
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23 AugustDesigners
The Diamond Lab secures 450k funding and appoints new chairman
London-based jewellery business The Diamond Lab, founded by Jamie Amelia Patel, has secured a £450,000 Series A funding in its first round of private financing led by investor James Shulman. Additionally, David Duncan-Smith, former managing director of Prada UK and Louis Vuitton UK will be joining the brand as its…
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17 AugustRetailers
Pandora raises full-year revenue guidance as sales jump 5%
Pandora has delivered “robust” results in Q2 2023 as it saw its sales jump 5% and total revenue increase to DKK 5,894m (£675.35m). As a result, the retail jeweller has now updated its organic growth guidance range to +2% to +5%, which was previously -2% to +3%. LFL growth in…
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16 AugustTrade Organisations
Scottish jewellery school secures £45k loan for expansion
Scottish independent jewellery school Vanilla Ink CIC has received a £45,000 loan from Social Investment Scotland. As a result the company has added a new studio space at its Brook Street Studios which has increased its capacity. It now has dedicated teaching space for its 10-month INKubator Programme, as well…
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15 AugustRetailers
Pandora launches three new lab-grown diamond collections
Pandora has announced the expansion of its lab-grown diamonds assortment with the launch of three new collections. The new collections include Pandora Nova, Pandora Era and Pandora Talisman. Pandora Nova features round brilliant or princess cut stones and introduces a proprietary four-prong setting that reveals more of the diamond. Pandora…
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10 AugustDesigners
Serge DeNimes sales up 20% to £2.4m
Male jewellery brand Serge DeNimes has seen its sales jump 20% to £2.4m in 2022, up from £2m in 2021. The company attributed this increase in sales to its successful launch in the USA and its new Seven Wonders collection. The company staged a successful pop-up in New York two…
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