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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.

  • Jun- 2019 -
    4 June
    RetailersRetail sales in May see ‘biggest decline on record’

    Retail sales in May see ‘biggest decline on record’

    Sales decreased by 2.7% in May on a total basis, excluding Easter distortions, making it the “worst decline” since records began in January 1995, according to the latest BRC-KPMG sales monitor. However, the BRC said this was against an increase of 4.1% in May 2018, itself a four year record.…

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  • May- 2019 -
    8 May
    RetailersRetail sales ‘below expectation’ in April

    Retail sales ‘below expectation’ in April

    Retail sales fell below expectations in April, despite a total sales increase of 4.1% against the decrease of 3.1% the previous year, according to the latest BRC-KPMG Retail Sales Monitor. This was due to figures being “distorted” by the timing of the run-up to Easter, which was in April this…

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  • Apr- 2017 -
    12 April
    EconomyBritish Retail Consortium

    BRC: Retail sales growth hits six-year low

    UK retail sales have decreased 1% on a like-for-like basis, a report by the British Retail Consortium (BRC) has revealed.  The latest BRC – KPMG Retail Sales Monitor – covering the five weeks from 26 February to 1 April – found total retail sales fell by 0.2% in March, compounded…

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  • Mar- 2017 -
    7 March
    EconomyNon-food retail sales record first quarterly decline in six years

    Non-food retail sales record first quarterly decline in six years

    Non-food retail sales fell in the three months to February 2017, making it the first quarterly decline for the category since November 2011. The latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG found non-food retail sales fell 0.4% on a like-for-like basis and 0.2% on a…

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  • Jan- 2017 -
    10 January
    EconomyLast-minute Christmas rush boosts retail sales in December

    Last-minute Christmas rush boosts retail sales in December

    UK retail sales continued to grow in December after consumers left their shopping until the final week before Christmas. The latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor found UK retail sales increased 1% on a like-for-like basis from December 2015, when they had increased 0.1% from the…

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  • Nov- 2016 -
    8 November
    EconomyBRC: Jewellery and watch sales continue to grow in October

    BRC: Jewellery and watch sales continue to grow in October

    Favourable exchange rates have produced another strong month for jewellery and watch sales, according to new figures. The latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor found jewellery and watches to be the best performing sector – out of 12 – as both like-for-like and total sales increased…

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  • Aug- 2016 -
    9 August
    EconomyJewellery and watches ‘best performing’ retail segment in July

    Jewellery and watches ‘best performing’ retail segment in July

    Jewellery and watch sales were found to be the best performing sector in July, as overall retail sales picked up. The British Retail Consortium (BRC) and KPMG Retail Sales Monitor found UK retail sales increase by 1.1% on a like-for-like basis from July 2015 and 1.9% on a total basis.…

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  • Jul- 2016 -
    12 July
    EconomyBRC: Jewellery and watch sales grow in June

    BRC: Jewellery and watch sales grow in June

    Jewellery and watch sales continued to grow in June, according to the latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG. The monthly research found jewellery and watches to be the third best performing sector, out of 12, as both like-for-like and total sales increased in the…

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  • Jun- 2016 -
    8 June
    EconomyJewellery and watch sales grow in May

    Jewellery and watch sales grow in May

    Jewellery and watch sales grew in May in a month that brought ‘better news’ for UK retailers, according to new research. The latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG found jewellery and watches to be third best performing sector, out of 12, in terms of…

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  • May- 2016 -
    10 May
    EconomyRetail sales fall flat in April amid cold weather

    Retail sales fall flat in April amid cold weather

    Retail sales fell flat for the second consecutive month after unseasonably cold weather kept consumers away from the high street, according to new research. The latest Retail Sales Monitor, from the British Retail Consortium (BRC) and KPMG, found like-for-like sales were down 0.6% compared with the same month last year,…

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