Investment
Investment is a crucial theme in the jewellery trade, influencing business growth, supply chain resilience, and consumer demand for high-value pieces. For UK jewellers, manufacturers, and distributors, understanding investment trendsโwhether in precious metals, gemstones, or brand developmentโis essential. Jewellery Focus offers in-depth coverage of financial developments across the sector, including company funding, acquisitions, market analysis, and insights into consumer behaviour around jewellery as an investment asset. Our reporting supports professionals seeking to navigate the financial dynamics shaping the industry.
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Mar- 2023 -3 MarchDesigners
British jewellery brand 7879 posts first year revenues of ยฃ1.5m
British jewellery brand 7879 has announced revenues of ยฃ1.5m for its first year of trading, with revenues set to hit ยฃ3m in year two. The companyโs quarterly revenues jumped 977% from Q1 to Q4 in the first yearโs trading and average order values increased linearly to ยฃ500. Repeat customers have…
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Feb- 2023 -10 FebruaryRetailers
Watches of Switzerland falls short of expectations amid Christmas strikes
Watches of Switzerland has reported that its revenues increased 17% to ยฃ407m in the 13 weeks to January 29 this year, narrowly falling short of analystsโ consensus expectations of ยฃ425m. The company said its lower than expected sales growth was because of rail and postal strikes over Christmas and general…
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6 FebruaryNews
Trade bodies urge Govt to reform โbrokenโ apprenticeship levy
Four trade bodies within UK retail and hospitality, including the BRC, have called on the government to reform the โbrokenโ apprenticeship levy system, as so far, ยฃ3.5bn has reportedly expired before businesses could make use of it. This call on the government comes as businesses were also unable to meet…
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Jan- 2023 -31 JanuaryDesigners
Orelia relaunches S/S collections through new Valentineโs Day campaign
Luxury jewellery brand Orelia has announced the launch of its โMe and Mineโ campaign to celebrate Valentine’s Day. According to the company, the campaign is โall about celebrating the people you love the mostโ. The company said it has brought a number of talented people together to talk about the…
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27 JanuaryRetailers
Vacancy rates improve to 13.8% in Q4
The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than Q3 and 0.6 percentage points better than the same period last year, according to the latest BRC/LDC monitor. This was the fifth consecutive quarter of falling vacancy rates. All locations…
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Dec- 2022 -23 DecemberRetailers
Beaverbrooks opens new Cambridge store
Diamond, jewellery and watch retailer, Beaverbrooks, has opened its first store in Cambridgeโs Grand Arcade Shopping Centre, aiming to bring โsignificantโ investment in luxury retail ahead of the busy Christmas period. Creating 12 new roles and investing over ยฃ800k in the area, the retailer will also be opening the first…
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19 DecemberFeatures
IEG: T.Gold 2023 expands jewellery technologies and machinery showcase
The Vicenza exhibition centre will once more host the most important international exhibition of advanced technologies for the jewellery industry: T.GOLD, the number one international showcase for innovation, featuring the most advanced jewellery machinery and the mostย recent developments in gold and jewellery manufacturing. Organised by IEG – Italian Exhibition…
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8 DecemberDesigners
Fei Liuโs brooch sells for five-figures at auction
Birmingham jeweller Fei Liu has sold a one of a kind brooch for a five-figure sum at auction. The brooch is entitled โPoppies in loveโ and โreimaginesโ the poppy flower in an abstract wearable form. The two poppy heads are each encrusted with 13.2ct rubies, 12.62ct moonstone, and a bejewelled…
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Nov- 2022 -23 NovemberRetailers
Beaverbrooks reopens Norwich store after refurb
Family owned jewellery retailer Beaverbrooks has reopened its Norwich branch following a ยฃ1.25m refurbishment for christmas. The refurbishment to extend the store and boutique has created a more โimmersiveโ shopping experience and showcases the retailerโs jewellery expertise to customers. The store has also introduced an exclusive โbridal roomโ, where shoppers…
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18 NovemberRetailers
Laings invests ยฃ3M in major southampton move
Luxury jewellery retailer Laings has announced it is opening a new ยฃ3m showroom in Southampton. Laings will move from their current showroom to a site in the Westquay shopping centre formerly occupied by Victoriaโs Secret. The move is expected to create โseveralโ new jobs in the area. Opening in summer…
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