KPMG
KPMG is a global professional services firm whose insights into financial, operational, and regulatory trends are highly relevant to the UK jewellery trade. Serving jewellers, suppliers, manufacturers, and retailers, its jewellery sector research, risk analysis, and advisory work inform strategic planning—from market expansion and digital transformation to cost control and ESG compliance. Jewellery Focus leverages KPMG’s data‑driven reports, case studies, and expert commentary to offer trade professionals actionable intelligence on financial performance benchmarks, Brexit and trade impacts, tax optimisation, and corporate governance. Our coverage helps businesses make informed decisions and maintain resilience in a competitive marketplace.
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Apr- 2025 -15 AprilRetailers
UK sales increase 1.1% in March thanks to good weather boost
UK Total retail sales increased by 1.1% year on year in March, against a growth of 3.5% in March 2024, with gardening and DIY sales being boosted by good weather. New data from the BRC and KPMG revealed that the increase was below the 3-month average growth of 1.6% and…
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Jan- 2025 -7 JanuaryEconomy
BRC warns of 2025 falling sales volume despite December sales growth
The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total retail sales experienced in December 2024. UK total retail sales in December 2024 increased by 3.2% year on year, against a growth of 1.9% in December 2023, according to new…
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Jul- 2024 -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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Jun- 2024 -28 JuneManufacturers
Petra Diamonds appoints new CFO
Petra Diamonds has announced the appointment of Johan Snyam as its new chief financial officer, with effect from 1 October 2024. Snyam will succeed Jacques Breytenbach who, as previously announced, will be stepping down from his position as chief financial officer and director of the company at the end of…
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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 -16 MayAppointments
Richard Reid becomes 679th prime warden of The Goldsmiths’ Company
The Goldsmiths’ Company has announced that Richard Reid has taken office as prime warden, in succession to Charles Mackworth-Young CVO. Former chairman of KPMG London and the Safer London Foundation, Reid’ chose to take a vocational approach to professional development rather than attend university. He undertook training to become an…
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Oct- 2023 -24 OctoberRetailers
Cost of living likely to hurt Christmas spending
Four in 10 consumers have said that they will be spending less on Christmas presents this year, according to data from KPMG UK. However, 45% of those surveyed stated that their budget for Christmas presents remained the same as last year. Only 4% of all the consumers surveyed said they…
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Aug- 2023 -8 AugustEconomy
Retail sales growth slows in July amid heavy rain
The UK’s total retail sales increased by 1.5% in the four weeks to 29 July, against the 2.3% growth experienced in the same month last year. This was below the three-month average growth of 3.5% and the 12-month average growth of 3.9%, according to BRC data. This lacklustre growth in…
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Aug- 2022 -10 AugustEconomy
Heatwave helps boost retail sales 2.3% in July
Retail sales increased 2.3% in July as the heatwave experienced across the UK helped boost demand for “hot weather essentials”, according to the latest data from the BRC and KPMG retail sales monitor. UK retail sales increased 1.6% on a like-for-like basis from July 2021, when they had increased 4.7%.…
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Mar- 2022 -16 MarchRetailers
Retail sales monitor shows ‘cause for optimism’, Bira says
The British Independent Retailers Association (Bira) has said there is “cause for optimism” after the recent BRC-KPMG retail sales monitor for February 2022 which revealed that UK retail sales increased 2.7% on a Like-for-like basis from February 2021. According to the BRC the performance comes on top of an improved…
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