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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Jul- 2020 -28 JulyCoronavirus
LVMH profit plunges in half-year results
LVMH has announced that revenue in the first half of 2020 tumbled 27% to โฌ18.4bn (ยฃ16.8bn) against the year prior. The luxury group, which owns Bulgari and Chaumet, reported that revenue in its watches and jewellery division plummeted by 39% to โฌ1.32bn (ยฃ1.2bn) in the period. According to the group,…
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27 JulyCurrent Affairs
Price of gold reaches โrecordโ high
The price of gold reached a โrecord highโ of $1,943 (ยฃ1,513) per ounce this morning (27 July), amid increasing tensions in the US and China trade row.ย ย The price rise of 2.2% saw gold overtake its previous record that was recorded in the wake ofย Black Monday in September 2011.…
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20 JulyDesigners
De Beers invests in Gemist
De Beers has invested in Gemist, an online jeweller that allows customers to create their own customised jewellery through its website The site also enables customers to try on their designed pieces at home before confirming the purchase.ย Customers are provided with an array of stones, metal and settings to…
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13 JulyEvents
TH March shortlisted for award
TH March, a leading insurer in the jewellery and watch industry, has been shortlisted in the 2020 UK Broker Awards.ย The group has now been confirmed as a finalist under the โtrainingโ category, which โrecognises the investment they have made in nurturing and maintaining the technical and people skills of…
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7 JulyEconomy
Usdaw urges chancellor to announce retail recovery plan
Retail trade union Usdaw is calling on the chancellor to announce in Wednesdayโs (8 June) economic statement an โurgent recovery planโ for the โstruggling retail industryโ, which is developed with trade unions and retail employers. Some of the factors, Usdaw is urging the government to cover fundamental business rates, an…
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1 JulyFeatures
Pearl farmers and the climate change fight
As shelter-in-place orders are lifted and clothing, jewellery and other fashion industry companies cautiously head back to work, experts predict the Covid-19 pandemic will convince industry leaders to join the fight on climate change. One CEO hopes a global drop in COโ emissions along with the inspiring story of ocean-loving…
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Jun- 2020 -10 JuneCoronavirus
70% of shoppers โnot comfortableโ returning to shops
Consumers remain โdeeply cautiousโ about returning to shops, the latest EY Future Consumer Index has revealed ahead of retailers opening next week (15 June).ย According to the survey of 1,017 consumers, 80% said they would be โuncomfortableโ trying on clothes in a store, while only 25% are โcurrently comfortableโ visiting…
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May- 2020 -27 MayManufacturers
ISparkle sees increased demand for investment diamonds
Diamond specialist iSparkle, a group that specialises in large, rare and coloured diamonds, has noted a โsignificantly increasedโ demand for investment diamonds during the ongoing crisis. The increased demand has come from a range of high net worth clients and family wealth managers across Europe, as well as the US…
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27 MayAdvice
From dark store to hybrid store โ adapting to a new world order
Itโs safe to say the embattled UK high street had a rocky start to the year, with a reported 18,248 retail jobs lost and 1,211 shops closed in the first two months of the year alone. In fact, in February, the high street saw a 7.8% drop in footfall, as…
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27 MayDesigners
Crafts Council publishes first industry report
The Crafts Council, alongside support from the Goldsmiths’ Company, has published the first major report that identifies the strength and popularity of the craft industry in Britain.ย Its findings will work to help drive market demand and โinform an action plan for the economic recovery of the craft sector, post…
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