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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Nov- 2023 -28 NovemberNews
Beaverbrooks opens new store and watch boutique
Family-owned national diamond, jewellery and watch retailer, Beaverbrooks, has made its biggest investment of the year with a relocated Newcastle store and the introduction of a luxury watch boutique. Following investment of £1.4m, the retailer unveiled its refitted, upscaled new store location on Hotspur Way in Eldon Square Shopping Centre…
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22 NovemberEconomy
Chancellor cuts National Insurance to 10% alongside NLW rise
Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as part of his Autumn Budget including slashing National Insurance by 2% and freezing business rates for retail and hospitality. As part of the new measures, Hunt revealed that National Insurance will be cut from…
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17 NovemberManufacturers
Petra Diamonds chair steps down
Petra Diamonds has announced that chairman Peter Hill, CBE, has stepped down from his role following the conclusion of its annual general meeting. Following his departure, the board has appointed Varda Shine, senior independent director, as chair of Petra. Shine will lead a search for a permanent chair and also…
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3 NovemberRetailers
Laings unveils new Southampton showroom
Laings has reopened its doors from its existing location to its new luxury showroom in Westquay shopping centre in Southampton. The 9,000 square foot showroom, formerly occupied by Victoria Secret, provides a “reimagined luxury experience” in the centre of Westquay. The newly-developed store, which had a £3m pound investment, is…
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Oct- 2023 -20 OctoberAppointments
Sandrine Conseiller appointed CEO of De Beers Brands
De Beers Group has announced the appointment of Sandrine Conseiller as CEO, De Beers Brands. Conseiller’s appointment follows Marc Jacheet’s decision to leave De Beers and she will join De Beers and become a member of the group’s executive committee on 1 December 2023. In her new role, Conseiller will…
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9 OctoberRetailers
Laings appoints Serena Gough to its board
Luxury family-owned jewellers Laings has promoted Serena Gough to its UK board. Gough has been a part of the Scottish headquartered business since 2019 and heads up Laings Services and Laings Bespoke departments spanning each of the six showrooms located across the UK. Laings said that the move comes as…
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4 OctoberRetailers
D. Louise secures funding from former Gymshark CEO
London-based jewellery brand D. Louise has secured an investment from former CEO and executive chair of Gymshark, Steve Hewitt – who is joining the business as investment director. Founded in 2021 D. Louise seeks to redefine the jewellery industry by “creating high-quality, aesthetic jewellery at affordable prices”. D. Louise’s funding…
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Sep- 2023 -19 SeptemberRetailers
Bauble Magpie launches new BM Chicks collection
Bauble Magpie has announced the launch of its new BM Chicks collection, which features diminutive versions of its classic intaglio pendants, designed specifically in response to client demand. Each piece in the limited collection includes Bauble Magpie’s bespoke intaglios but in a more compact form, allowing them to be “effortlessly…
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18 SeptemberRetailers
Beaverbrooks reports ‘record’ turnover of £225m
National family-owned jewellery, diamond and watch retailer, Beaverbrooks, has announced “record” turnover of £225m in its latest accounts (March 2022 to February 2023), an increase of 11.4% on the previous year. Its operating profit also amounted to £25.7m. Beaverbrooks said that despite the effects of the cost-of-living crisis and uncertain…
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12 SeptemberNews
Scotland’s only gold mine at risk of falling into administration
Scotgold Resources, Scotland’s only gold mine, has announced that it is at risk of falling into administration after it suspended trading in its shares on the London Stock Exchange. The owner of Scotgold stated that while the Geological data and documentation suggested ‘no fatal flaws’ in the MRE and GC…
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