Financial Results
Financial results—encompassing half-year and full-year reports, profit and loss summaries, and revenue forecasts—offer crucial insight into the economic health of jewellery businesses across the UK. These disclosures shape investor sentiment, inform supplier negotiations, and guide strategic planning across retail, wholesale, manufacturing, and brand operations. Jewellery Focus delivers precise, trade-oriented coverage of financial results: analysing sales performance, margin trends, cost drivers, debt levels, and sectional growth (e‑commerce vs. store operations). We highlight implications for pricing strategies, expansion potential, and supply-chain resilience across varied business models—from heritage brands and high-street chains to independent jewellers and emerging labels. Our reporting informs commercial decisions with financial clarity and comparative benchmarks.
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Jan- 2020 -31 JanuaryAnalysis
The whole Amazon thing is getting scary now
The ‘growth of online retail’ is now so proverbial that the phrase itself is nearly redundant. Is anyone surprised to learn this morning that Amazon has absolutely rampaged through the Christmas retail season, while scores of well-known bricks-and-mortar retailers reported a torrid set of financial results for the same period?…
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Nov- 2019 -5 NovemberRetailers
Pandora sales slip in third quarter
Jewellery brand Pandora has reported a 10% drop in like-for-like sales in its third-quarter results. Overall earnings over the quarter, before interest and tax, fell by 25%. Meanwhile, the company’s organic growth for the year is expected to land between -7% and -9%, despite previous forecasts of a growth between…
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May- 2019 -9 MayRetailers
Pandora posts ‘weak’ Q1 results
Jewellery retailer Pandora has reported “weak” financial results for the first quarter of 2019, impacted by the commercial reset initiated as part of its ‘Programme NOW’. Total like-for-like sales-out growth (like-for-like) was -10%, driven by lower traffic in physical stores, and online like-for-like sales was 7%. Organic growth ended at…
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Aug- 2017 -25 AugustRetailers
Signet Jewelers post positive Q2 financial results
Signet Jewelers, which owns H Samuel and Ernest Jones in the UK, has reported a same store sales (SSS) increase of 1.4% in Q2. Total sales were $1,399.6m (£109.2m), up $26.2m (£20.4m) or 1.9%, compared to a decrease of 2.6% in the 13 weeks ended July 30, 2016. SSS increased…
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May- 2017 -23 MayRetailers
Aurum takes Signet’s place as UK’s top jewellery retailer
Aurum Holdings has exceeded Signet Jewelers as the biggest jewellery and watch retail group in the UK for the first time. The retailer overtook Signet in 2016 with a sales total of £565m. Signet Jewelers had enjoyed a period of steady growth over the past three years, with sales figures…
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Dec- 2016 -12 DecemberRetailers
Beaverbrooks posts strong full-year financial results
Beaverbrooks has posted strong full-year results, which saw operating profit before distribution and tax rise to £15.2m – up from £14.3m the previous year. During the 52 weeks ending 27 February 2016, the jewellery chain’s annual report and financial statements published on Companies House showed a 5% increase in turnover…
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Aug- 2016 -23 AugustCurrent Affairs
Men in retail sector paid £4,523 more than women
Men in the retail and wholesale sector are paid on average £4,523 more than women, new research has claimed. According to figures released today by the Chartered Management Institute (CMI) and XpertHR, men are more likely than women to have been promoted into senior and higher paying management roles in…
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Jul- 2016 -25 JulyEconomy
Petra Diamonds reports marginal 1% revenue increase
Petra Diamonds has reported a 1% increase in revenue, despite a fall in the price of rough diamonds in the first half of 2016. In its preliminary results for the year ending 30 June, the company reported revenue of $430.9m (£328.5m) compared with the $425m (£324m) recorded last year. The…
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May- 2016 -26 MayDesigners
Tiffany & Co reports “difficult” quarter as sales fall
Tiffany & Co has reported a “difficult” quarter as worldwide net sales fell 7% to $891m (£606m) in the first quarter of the year. The fall in worldwide net sales reflected declines in all regions except Japan, which Tiffany attributed to a continuation of softness in spending by both local…
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Nov- 2015 -25 NovemberRetailers
Signet Jewelers sales up 3.3% in Q3
Jewellery retail giant Signet Jewelers has reported a 3.3% increase in same-store sales in its third quarter financial results. The group – parent company of H Samuel and Ernest Jones – reported that total sales were also up 3.3% for the 13 weeks ending 31 October, 2015, to $1.216bn (£805m)…
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