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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Oct- 2024 -25 OctoberRetailers
Atelier VM to open first UK flagship store
Atelier VM has announced that it is set to open its first UK flagship store in London’s Burlington Arcade. The new store covers a total area of 401 sq ft, and will be located at House 5 of the Burlington Arcade hall. The brand launched in the UK in 2018…
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24 OctoberManufacturers
Connoisseurs launches three new diamond care essentials
Connoisseurs has announced the launch of its new Diamond Care Essentials line. The new collection includes three new products designed to “protect and enhance the brilliance of diamond jewellery”. The first product is the Diamond Dazzle Cloth, an Ultra Soft Micro Suede Cloth for removing oils/lotions and fingerprints and comes…
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7 OctoberRetailers
Beaverbrooks invests £1.5m in Peterborough store
Beaverbrooks has announced that it has made a £1.5m investment in the relocation and refurbishment of its Peterborough store. The new investment increases the floorspace of the store fivefold and introduces a new TAG Heuer boutique. Set across 4,324 sq. ft. of retail space, upscaled from 820 sq. ft., the…
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Sep- 2024 -30 SeptemberRetailers
Jamieson and Carry unveils new showroom
Jamieson and Carry has announced the opening of its new showroom on Union Street in Aberdeen. The new store, which has more than doubled in size, includes a brand-new Rolex showroom, an expanded new Patek Philippe area and the first TudorWatch ‘shop in shop’ in Aberdeen It also comes with…
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25 SeptemberRetailers
Beaverbrooks sees profits fall despite ‘record’ turnover
Family-owned diamond, jewellery and watch retailer Beaverbrooks has announced record turnover of £228.6m from £225m despite seeing a drop in operating profits to £10.5m from £25.7m for the period between March 2023 to February 2024. The group attributed the £3m increase in turnover to growing market share in a difficult…
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10 SeptemberRetailers
Beaverbrooks invests £1.6m in Bracknell store refurb
Family-owned national diamond, jewellery and watch retailer Beaverbrooks has made a £1.6m investment in the complete refurbishment and expansion of its Bracknell store, doubling its size and elevating it as a destination for luxury and Swiss watches. Following the investment, the newly refitted store, located on The Avenue, reopened on…
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Aug- 2024 -9 AugustNews
Diamond prices plummet in July
Diamond prices dropped sharply in July amid slow retail sales and an oversupply in India, according to Rapaport’s RapNet Diamond Index. The seasonal summer slowdown also had a negative effect on sales. The RapNet Diamond Index (RAPI™) for 1-carat goods, reflecting round, D to H, IF to VS2 diamonds, slid…
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Jul- 2024 -31 JulyTrade Organisations
Q2 gold jewellery consumption negatively impacted by record price
Record gold price took its toll on Q2 jewellery consumption as volumes fell 19% to a four-year low of 391 tonnes, according to the latest World Gold Council’s Gold Demand Trends report. In value, Q2 jewellery demand measured US$29bn (£22.5bn). That was 4% lower y/y as the sharp rise in…
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17 JulyNews
Starmer vows to ‘make work pay’ in King’s Speech
The new Labour government has outlined its main goals for the new parliament as part of the King’s Speech today (17 July) with a central focus of “ improving living standards for working people through economic growth”. Key points outlined in the speech, read by the King but written by…
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9 JulyEconomy
Cold weather chills consumer spending in June
UK Total retail sales decreased by 0.2% year on year in June, against an increase of 4.9% in June 2023, as cold weather negatively affected spending particularly on “weather sensitive categories”. The latest figures from BRC’s and KPMG’s retail sales monitor revealed that food sales increased 1.1% year-on-year over the…
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