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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Mar- 2021 -5 MarchDesigners
Alkemistry online sales soar 315%
Independent fine jewellery brand The Alkemistry has reported a “record” 315% growth in year-on-year e-commerce sales, despite the pandemic’s impact on business at its Floral Street concept store. In its latest update, the group said it was able to capitalise on shifting consumer trends during the period, as it noted…
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4 MarchSponsored
BAUNAT: The online brand disrupting the industry
Back in 2008, when savvy industry insiders Steven Boelens and Stefaan Mouradian founded their diamond jewellery brand BAUNAT, they ripped up the proverbial rule book in the process. Merging Antwerp’s age-old tradition of jewellery-making with the convenience of online shopping, the duo created an e-commerce site that is solely dedicated…
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4 MarchDesigners
Monica Vinader reports 21% rise in turnover for holiday season
Monica Vinader has reported a successful trading period over the holiday season, despite disruptions resulting from the Covid-19 pandemic, with turnover increasing 21% compared to the same period in 2019. The British company’s e-commerce sales also rose by 68% over the winter period, citing its funding from HSBC’s Coronavirus Large…
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3 MarchCurrent Affairs
RJC urges industry leaders to adopt sustainable change
The Responsible Jewellery Council (RJC) has published an open letter to jewellery industry leaders, urging them adopt sustainable practices within their businesses. Last year, the trade association stated its “decade of action” in its bid to reach its ‘17 Sustainable Development Goals’, an initiative set up to combat climate-change related…
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1 MarchAppointments
De Beers appoints head of HR
De Beers Group has announced the appointment of Joy Roman as its new executive head of Human Resources. She will succeed Ann Cormack in the role, who is leaving the group to pursue new opportunities outside the business, and will join De Beers Group on 22 March, working remotely from…
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Feb- 2021 -26 FebruaryInternational
Anglo-American reports 27% decline in revenues
Anglo-American has reported a 27% decline in revenues in its preliminary financial results for 2020. The rough diamond mining company saw revenue drop from $4.6bn (£3.3bn) in 2019 to $3.4bn (£2.4bn) last year. Furthermore, Anglo-American’s sales fell by 30% over the same period, dropping to $2.8bn (£2bn), as the company…
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19 FebruaryCoronavirus
Retail sales tumble 8.2% in January despite online boom
Retail sales tumbled by 8.2% in January despite rising online sales, as stores were hit by heightened restrictions amid the third national lockdown. According to the Office for National Statistics (ONS), the value of sales was also 7.8% lower than the previous month, while the overall decline was largely driven…
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18 FebruaryRetailers
‘Diana Effect’ influencing engagement ring choices, report finds
The ‘Diana Effect’ is influencing consumers’ jewellery choices 40 years on, with the diamond and sapphire combination for engagement rings named the “first choice” for couples in the UK, according to new research from money.co.uk. It found that 82% of couples who opt for a combination-stone ring will choose the…
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18 FebruaryEvents
Inhorgenta Munich trade show cancelled due to Covid
Inhorgenta Munich, the European jewellery platform, has announced the cancellation of its upcoming trade show at the Messe München exhibition centre in München, Germany. The show’s organisers had originally postponed the show from February to April, with the aim to provide exhibitors with increased planning security. However, international restrictions on…
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17 FebruaryEconomy
Scotland extends rates holiday for another year
The Scottish government has confirmed that it is extending 100% of its business rates relief for the hospitality, retail, leisure and aviation sectors for another year. Finance secretary Kate Forbes confirmed the extension earlier this week (16 February) in Holyrood, putting pressure on Rishi Sunak to match the extension in…
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