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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Aug- 2022 -5 AugustEconomy
UK recession can be averted, claims Truss
In an interview with Sky Newsโs 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 yearโs fourth quarter, with…
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Jul- 2022 -27 JulyRetailers
Beaverbrooks profits surge 117% to ยฃ35.3m
Beaverbrooks has announced โrecord breakingโ sales as its group operating profit surged 117% year-on-year from ยฃ16.3m to ยฃ35.3m in FY22, with turnover rising 64.4% year-on-year and 41.3% compared to its most profitable centenary year in 2019-2020. The family-owned national jewellery and watch retailer also saw a gross profit margin of…
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20 JulyFeatures
How are gemstones reinventing the jewellery industry
Gemstones have been a popular choice for jewellery for centuries, and their popularity does not seem to be waning. Gemstones are currently experiencing a bit of a renaissance in the jewellery industry. Thanks to new technologies and design trends, gemstones are being used in innovative ways that are changing the…
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19 JulyFeatures
JGW Singapore attracting big-name exhibitors
Some of the worldโs biggest jewellery and gemstone companies are taking part in Jewellery & Gem WORLD (JGW), previously known as the September Hong Kong Jewellery & Gem Fair, from 27 to 30 September in Halls 3 to 6 of the Singapore EXPO. The fair will present the newest products…
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Jun- 2022 -14 JuneFeatures
Laings: whatโs next?
What is your history in the industry? I have been in the industry for over 27 years, having held various roles across the sector and within Laings itself – from shop floor to operations management. My career in the jewellery and watch sector started in 1995 with Ernest Jones, before…
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14 JuneRetailers
LVMH invests in laboratory-grown diamond producer
LVMH Luxury Ventures has joined other investors in completing an investment round of $90m (ยฃ74.3m) in LUSIX, a producer of lab-grown diamonds (LGD), with other investors including Ragnar Crossover Fund and More Investments. LUSIX will use this investment to fuel its growth initiatives, such as the expansion of its production…
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7 JuneAppointments
Birmingham Assay Office elects new Guardians
The Birmingham Assay Office has announced the election of four new Guardians of the Standard of Wrought Plate. They are Carla Goodfellow, Petro Nicolaides, Rachel Eade and Charles Barwell. The role of โGuardian of the Standard of Wrought Plate in Birminghamโ was defined within the 1773 Act of Parliament that…
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May- 2022 -5 MayDesigners
De Beers partners with Tracr blockchain platform
De Beers Group has announced it is deploying the Tracr blockchain platform at scale for its diamond production. The group said the introduction of Tracr at scale โdelivers immutable information on the source of De Beersโ diamonds across the value chain and makes source assurance for 100% of De Beersโ…
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Apr- 2022 -29 AprilRetailers
Goldsmithsโ Centre launches online skills course
The Goldsmithsโ Centre has launched its first self-paced online skills course for the jewellery industry, aiming to โguide learners on how to produce high-quality videos simply using the smartphones in their pocketsโ. The first course, which shows how to produce โhigh-qualityโ videos on your smartphone using iDEC, has been developed…
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20 AprilManufacturers
Petra Diamonds Q3 revenues hit ยฃ107.66m
Petra Diamonds Limited has announced its revenues grew by 33% year-on-year in the three months ending 31 March 2022 (Q3), from $106m (ยฃ811.71m) to $140.6m (ยฃ107.66m). Additionally, revenues increased 43% year-on-year in the nine months to 31 March 2022 (YTD) from $284.2m (ยฃ217.63m) to $405.4m (ยฃ310.44m). Petra said the growth…
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