Pandemic
The pandemic has had a lasting impact on the UK jewellery trade, reshaping consumer habits, supply chains, and retail strategies. For jewellers, manufacturers, and suppliers, understanding these changes is essential to adapting and building resilience. Jewellery Focus provides in-depth coverage of the pandemic’s effects on the industry, including market analysis, business recovery strategies, e-commerce growth, and insights into shifting demand patterns. Our reporting helps trade professionals navigate the ongoing challenges and opportunities in a post-pandemic landscape.
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Jun- 2021 -11 JuneRetailers
Signet Q1 revenues spike 98.2% to £1.2bn
Signet Jewelers, the diamond jewellery retailer, saw its revenue spike 98.2% year-on-year to $1.69bn (£1.19bn) for the 13 weeks ended 1 May 2021 (FY22). The group’s sales also outperformed its pre-pandemic levels, climbing over $250m (£177m) from $1.43bn (£1bn) in Q1 FY20. Moreover, the group swung to a $168m operating…
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7 JuneRetailers
May footfall decreases 27.7%, latest BRC data reveals
Total UK footfall decreased by 27.7% in May compared with the same period in 2019, according to the latest British Retail Consortium -Sensormatic IQ data. However, the decrease was above the three month average decline of 46.9%. Helen Dickinson, chief executive of BRC, stated May saw footfall levels improve across…
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7 JuneEvents
Bright Young Gems extends entry deadline by one week
The Bright Young Gems (BYG) mentoring initiative has extended its closing date for entries by one week due to a number of requests from colleges. The scheme, which acted as a part of International Jewellery London (IJL) prior to the pandemic, has moved the entry deadline from 6 June to…
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4 JuneManufacturers
De Beers Group pledges further £5m in Covid-19 support
De Beers Group has announced that together with its joint ventures it will pledge $6.8m (£4.8m) to support the national vaccine procurement and roll-out programmes of its government partners in Botswana and Namibia. The latest pledge will see the company, in partnership with its joint ventures, contribute £3.6m to Botswana…
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May- 2021 -26 MayRetailers
Top 50 jewellery e-retailers report reveals joint winners
Bloom Boutique and Joma Jewellery have been named as the top jewellery retailers in Fluid Commerce and Adyen’s Jewellery and Accessories Top 50 E-commerce Report 2021. In the report, 50 jewellery retailers were scored across 59 different criteria, with speed, security, trust, navigation, product page, delivery and returns, community, and…
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25 MayProduct Launches
Hancocks London launches historic tiara hire service
Mayfair’s Hancocks London has launched a new historic tiaras for hire service offering to its clients for weddings in 2021 and 2022. The initiative allows for Hancocks’ tiaras to be hired at a 1% charge of the retail value plus VAT for 24 hour periods. The deal includes a minimum…
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24 MayRetailers
Beaverbrooks secures top ranking in Best Companies to Work For list 2021
Beaverbrooks has announced that it has ranked number one in the 100 Best Companies to Work For list 2021, in addition to being named as ‘Retail’s Best Company to Work For’. The jeweller, which was ranked number nine in 2020, has featured prominently in the list for 18 consecutive years,…
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19 MayManufacturers
De Beers fourth cycle diamond sales reach £268m
De Beers Group has announced a provisional value of its rough diamond sales of $380m (£268m) for the period 3 May to 18 May 2021 for the fourth sales cycle of 2021. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, the…
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11 MayDesigners
Boodles FY20 turnover falls 4%
Boodles, the luxury jeweller and jewellery designer, saw turnover fall 4% year-on-year to £74m for the year ended 29 February 2020. Operating profit for the period also declined from £10.9m in FY19 to £7.21m in FY20, as a result of “higher expenses and slightly lower sales”. The group claimed that…
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Apr- 2021 -23 AprilEvents
Istanbul Jewelry Show postponed until March 2022
Organisers for the Istanbul Jewelry Show (IJS) have announced that it has been postponed and rescheduled to take place on 24-27 March 2022. Originally due to happen between 27-30 May 2021, the decision to delay the event followed a consultation with the industry and the IJS stakeholders. The show will…
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