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 trends—whether in precious metals, gemstones, or brand development—is 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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Nov- 2022 -16 NovemberNews
7879 secures £5.5m investment in seed funding round
Jewellery house 7879 has revealed it has secured £5.5m in seed funding. Co-founded by Sach Kukadia (founder of Secret Sales) and Ben Flowers (ex-BCG) 7879 is a jewellery house producing items from bullion and pricing them transparently by weight and in real-time according to the international bullion market. It aims…
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14 NovemberAppointments
Laings appoints general manager for new Glasgow flagship
Laings has announced the appointment of Graham Bruce as the general manager of its new flagship showroom in Glasgow. As part of his new role Bruce will be tasked with preparing Laings’ team for the grand opening of its new Rowan House showroom on Glasgow’s prestigious ‘style mile’ in 2023.…
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Oct- 2022 -18 OctoberQ&A Sessions
Raj Jain on the fascinating intricacies of vintage timepieces
Could you tell us a little bit about your career and what led up to you opening WatchCentre? I began buying watches in Bombay, on a holiday trip to India. I’ve always been based in London, but I would go to India every year, and in 1985, I visited the…
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12 OctoberDesigners
LVMH revenues hit €7.57bn in H1
LVMH has announced revenue growth of 23% for its Watches and Jewellery business group in the first nine months of 2022 (H1), up from €6bn (£5.39bn) to €7.57bn (£6.6bn) year-on-year. Tiffany and Co. sales were driven by “strong” momentum in the United States, and its ‘Vision and Virtuosity’ exhibition at…
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4 OctoberRetailers
Goldsmiths reopens in West Quay with new luxury showroom
Goldsmiths, a luxury watch and jewellery retailer and part of the Watches of Switzerland Group, has reopened its showroom in the West Quay Shopping Centre, Southampton, with the new luxury design. The Goldsmiths showroom has undergone a refurbishment which now boasts a fresh interior, as well as a line-up of…
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Sep- 2022 -23 SeptemberEconomy
Chancellor announces sweeping tax cuts in first mini-budget
Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as part of the new government’s first mini-budget. Setting out his aims for economic growth, Kwarteng said that he wants the economy to increase by 2.5% annually in the medium-term, through…
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21 SeptemberFeatures
What will happen to luxury spending this winter?
Revenues in the jewellery industry have amounted to $4.03bn (£3.53bn) in 2022, with the market expected to grow annually by 5.6%, according to Statista. The global jewellery market size is expected to reach $518.9bn (£454.87bn) by 2030 and expand at a CAGR of 8.5% from 2022 to 2030, a report…
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16 SeptemberEvents
IEG, Vicenzaoro September: 20% more foreign visits than in 2019
Vicenzaoro September closes its 2022 edition by recovering and surpassing pre-pandemic results. The overall number of visits was up 10% compared to 2019 with an explosion of foreign attendances showing an increase of 20%. Over half of the total attendance was international (51%), rom 124 countries worldwide. To date, total…
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Aug- 2022 -16 AugustRetailers
CW Sellors secures £1.5m loan amid growth plans
CW Sellors has secured funds worth £1.5m from MEIF Maven Debt Finance, enabling the jewellery company to open a new design and manufacturing facility in Derbyshire, which will include a jewellery boutique retail store, exhibition space, tours for visitors, and a café. The loan has been made available via the…
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5 AugustEconomy
UK recession can be averted, claims Truss
In an interview with Sky News’s Kay Burley last night (4 August), foreign secretary Liz Truss claimed she could avert a recession if she wins the leadership contest. The claim comes after the Bank of England projected that the UK would enter a recession in this year’s fourth quarter, with…
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