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- 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 Rapaportโs RapNet Diamond Index. The seasonal summer slowdown also had a negative effect on sales. The RapNet Diamond Index (RAPIโข) 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 Councilโs Gold Demand Trends report. In value, Q2 jewellery demand measured US$29bn (ยฃ22.5bn). That was 4% lower y/y as the sharp rise in…
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17 JulyNews
Starmer vows to โmake work payโ in Kingโs Speech
The new Labour government has outlined its main goals for the new parliament as part of the Kingโs Speech today (17 July) with a central focus of โ improving living standards for working people through economic growthโ.ย 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 โweather sensitive categoriesโ. The latest figures from BRCโs and KPMGโs retail sales monitor revealed that food sales increased 1.1% year-on-year over the…
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9 JulyManufacturers
The Royal Mint appoints global head of growth for precious metals
The Royal Mint has announced that Nick Bowkett will take on the role of head of Growth for precious metals, leading its expansion into new markets globally. The Royal Mint is the UKโs home of precious metals, having worked with them for over 1,100 years. Today, it operates a โthrivingโ…
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1 JulyRetailers
Laings appoints new operations director
Luxury family-run jewellers Laings has announced the appointment of a new board member in a move designed to further strengthen its overall operations. Kat Barron has been promoted to operations director at Laings and appointed to the board following an exceptional year of investment ensuing eight years of service at…
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Jun- 2024 -26 JuneDesigners
Alice Van Cal unveils 8 Faces Diamond Drop Earrings
Alice Van Cal has announced the launch of its latest innovative product the 8 Faces Diamond Drop Earrings. These crafted earrings feature pear-cut white diamonds and can be styled in eight unique ways. They include 18 carat white gold, have a 6.3 total diamond carat weight and are approximately 2.7″…
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4 JuneRetailers
UK sales slightly increase by 0.7% in May
UK total retail sales increased by 0.7% year on year in May, against a growth of 3.9% in May 2023. This was above the 3-month average growth of 0.3% and below the 12-month average growth of 2.0%. Food sales increased 3.6% year on year over the three months to May,…
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May- 2024 -30 MayRetailers
Laings to open new refurbished Glasgow flagship
Laings has announced that it is set to open its new flagship store on Glasgowโs Buchanan Street. Following a ยฃ5m investment, the B-listed building Rowan House, has been transformed into a fully furnished showroom, covering 7,113sq ft across two floors of retail space. The building will include the recently opened,…
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28 MayNews
Perwyn invests in Rubel and Mรฉnaschรฉ
Perwyn, a European private equity player, has made a significant investment in diamond dealer Rubel and Mรฉnaschรฉ alongside the management team with a view to accelerating the company’s growth. Founded in 1956 and located on Rue de la Paix in Paris, Rubel and Mรฉnaschรฉ has experienced sustained growth over the…
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