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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Mar- 2021 -15 MarchRetailers
VNJ secures £150,000 funding package
V N Jewellery (VNJ), an online jewellery retailer, has secured a £150,000 funding package from Maven Capital Partners’ Midlands Engine Investment Fund (MEIF). Based in Aylesbury, the firm’s team comprises Hai Ngan Knight and Jeremy Knight, who act as managing director and finance director respectively. VNJ will use the investment…
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11 MarchDesigners
Taylor & Heart secures £500k GLIF loan
Taylor and Hart, a bespoke jewellery designer, has secured a £500,000 loan funding from the Greater London Investment Fund (GLIF). The cash injection includes £250,000 in conjunction with the government backed Coronavirus Business Interruption Loan Scheme (CBILS). Founded in 2011, Taylor and Hart offers individual engagement ring designs to its…
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Feb- 2021 -9 FebruaryRetailers
Notonthehighstreet acquired by US investment firm
Notonthehighstreet has been acquired by Great Hill Partners, an American investment firm. The online gift retailer was founded in 2006 by Holly Tucker and Sophie Cornish, employs more than 150 and manages a marketplace of more than 5,000 small businesses selling more than 250,000 products. The business has seen a…
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4 FebruaryRetailers
‘Robust’ online sales offset store closures at Watches of Switzerland
Watches of Switzerland has welcomed a period of strong trading in its third quarter ended 24 January 2021, with group revenue up by 6.6% to £272.6m despite the ongoing pandemic. This was bolstered by a “robust” e-commerce performance in the UK, which offset continued store closures throughout the period. UK…
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1 FebruaryEconomy
BRC chief calls for rates extension as vacancies rise by 13%
Helen Dickinson, chief executive of the British Retail Consortium (BRC) has urged the government to extend business rates relief beyond April as the number of retail stores lying vacant rose to 13.7% in Q4 2020. The plea follows figures published by the consortium which show that all retail locations saw…
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Dec- 2020 -15 DecemberQ&A Sessions
Interview: Jennifer Georgeson, founder and CEO of So Just Shop
So Just Shop is a jewellery, accessory and homeware marketplace working directly with women-led artisans from some of the most vulnerable communities around the globe. Jewellery Focus sat down with the business’ founder and CEO, Jennifer Georgeson, to discuss empowering women, sustainability in business and navigating the difficulties resulting from…
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15 DecemberNews
Betts Group adopts SMO gold manufacturing
Betts Group has marked its 260th anniversary by announcing the use of responsibly sourced gold in all of its manufactured gold products. The group has revealed that it will now be using ‘Single Mine Origin’ (SMO) gold to manufacture all of its gold products. The company first began offering SMO…
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2 DecemberNews
Betts Metal Sales to reopen jewellery counter
Betts Metal Sales has announced the reopening of its Birmingham jewellery quarter trade counter for business. The family-run firm has announced that its premises in Spencer Street will be open to the public, following the latest national coronavirus lockdown. Despite the current Tier 3 restrictions in Birmingham, the Betts Metal…
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Nov- 2020 -27 NovemberNews
Tiffany and Co Q3 performance beats expectations
Tiffany and Co has managed to beat expectations by reporting a net sales decrease of only 1% to $1.008bn (£756m) compared with $1.014bn (£760m) last year in its third quarter financial statement ending 31 October 2020. The jeweller said the decrease was attributed to cost management schemes and the ongoing…
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13 NovemberAuctions
Largest purple-pink diamond sells for record price
Sotheby’s Geneva has announced the sale of a 14.83-carat pink diamond for $26m (£19.7m), a record price for a sale of its kind at an auction. Named the Spirit of the Rose after a 20th Century Russian ballet, it is the largest purple-pink diamond to ever appear at auction, and…
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