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 -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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5 SeptemberRetailers
Laings opens new Tag Heuer boutique in Glasgow
Family-owned luxury jewellers Laings has opened a new Tag Heuer boutique on Buchanan Street on Glasgow’s Style Mile. The opening marks the first boutique for the luxury company in Scotland. It further highlights Laings’ continued commitment and investment in a bricks and mortar presence and to cement partnerships with global…
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Aug- 2023 -16 AugustTrade Organisations
Scottish jewellery school secures £45k loan for expansion
Scottish independent jewellery school Vanilla Ink CIC has received a £45,000 loan from Social Investment Scotland. As a result the company has added a new studio space at its Brook Street Studios which has increased its capacity. It now has dedicated teaching space for its 10-month INKubator Programme, as well…
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8 AugustRetailers
Pandora sees profits fall amid increased costs
Pandora has reported that its overall profits declined to £44.1m in FY22, down from £57.6m in FY21, according to the latest accounts filed with Companies House for the year ended 31 December 2022. Overall profits decreased as a result of rising costs which increased to £268m in FY22 (2021: £240.1m).…
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