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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Sep- 2015 -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 -27 AugustRetailers
Signet reports same-store sales growth of 4.2% in Q2
Jewellery retail conglomerate Signet Jewelers reported an increase in sales in its second quarter financial results, beating its expectations for the period. In the 13 weeks ending August 1, Signet reported an increase in same-store sales of 4.2%, while total sales were up 15.1% to $1.4bn (£908m) compared with the…
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14 AugustEditor's Blog
I Don’t Want To Spoil The Party, CMJ
I was reminded of the old adage yesterday – turnover is vanity, profit is sanity. It’s so clichéd as to sound almost like bad advice, but of course anyone in business knows it holds as true today as it did when the first merchants started trying to glean a few…
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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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Nov- 2014 -7 NovemberEconomy
Jewellery spurs 2% sales rise for Richemont Group
Richemont, the Swiss luxury goods group, has reported a 2% rise in sales citing the “international demand for jewellery” which saw the group’s jewellery sales grow by 10% at constant exchange rates. In its unaudited consolidated financial results for the six months ended September 30 2014, Richemont reported a 2%…
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Oct- 2014 -28 OctoberManufacturers
Petra Diamonds reports highest production in its history
Petra Diamonds has announced its revenue in Q1 was up 55% to $100.8m (£62.3m). The results also included the sale of an 85% interest in its 122ct Cullinan blue diamond for $23.5m (£14.5m), discovered earlier this year. The results, which covered production and sales from July 1 to September 30…
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Aug- 2014 -29 AugustEconomy
Signet Jewelers report 17.1% UK sales increase in second quarter
Signet Jewelers, the parent company of Ernest Jones and H.Samuel, has reported a total increase of 17.1% in UK sales in its second quarter financial results. Same-store sales increased by 4.4% in the same period, while total sales reached $162.9m (£98.2m) in the UK. Online sales in the UK increased…
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May- 2014 -21 MayManufacturers
Tiffany & Co first quarter earnings increase by 50%
US jewellery manufacturer Tiffany & Co has reported 50 per cent profit growth in its Q1 financial results. The company’s earnings rose to $126m (£74m) in the three months to April, as global net sales grew 13 per cent to $1bn (£592m). It’s European business saw total sales rise 9…
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