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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Jan- 2021 -5 JanuaryCoronavirus
Chancellor unveils £4.6bn in new lockdown grants
Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the chancellor has announced. The news comes after the prime minister’s announcement that businesses will be closed until at least February half-term in order to help control the spread of Covid-19. This…
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4 JanuaryRetailers
Pandora FY results to exceed previous guidance
Pandora has revealed it expects its financial results for 2020 to exceed the high end guidance range of “-14% to -17%”. The luxury jewellery brand began 2020’s Q4 with “positive” organic growth in October and November, with December being impacted by the phasing of revenue. On average, more than 10%…
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Dec- 2020 -22 DecemberNews
David M Robinson pledges youth charity support
David M Robinson has pledged to support Manchester’s HideOut Youth Zone charity for the next four years. The jewellery and watch retailer said it was inspired to support HideOut Youth Zone after learning more about the charity’s aims and ambitions to support thousands of young Mancunians. David M Robinson, which…
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21 DecemberAuctions
Christie’s Luxury Market reports record online sales
Christie’s has seen an accelerated shift to online sales during the pandemic, with around 136 records being set across jewells, watches and handbag sales. During the pandemic, Christie’s saw a 41% increase in luxury lots sold in online auctions, a 82% rise in the number of luxury online sales and…
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17 DecemberCoronavirus
Furlough scheme extended until April 2021
The furlough scheme has been extended until the end of April 2021 with the government continuing to contribute 80% towards wages to employee’s pay, Chancellor Rishi Sunak has confirmed today (17 December). The government will also extend current government-guaranteed Covid-19 business loan schemes until the end of March. This includes…
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17 DecemberNews
De Beers Group hits $440m in tenth sales cycle
De Beers Group has announced the value of rough diamond sales for the period 7 December to 16 December the tenth sales cycle of 2020 to be $440m (£323m), up from $426m (£313m) the year before. Despite the restrictions imposed by Covid-19during the period, De Beers said it has continued…
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15 DecemberQ&A Sessions
Interview: Jennifer Georgeson, founder and CEO of So Just Shop
So Just Shop is a jewellery, accessory and homeware marketplace working directly with women-led artisans from some of the most vulnerable communities around the globe. Jewellery Focus sat down with the business’ founder and CEO, Jennifer Georgeson, to discuss empowering women, sustainability in business and navigating the difficulties resulting from…
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11 DecemberNews
Vincero Watches sees 120% UK revenue surge
Vincero Watches has announced a surge in its international growth with a 120% increase in revenue in the UK. The group saw international revenue increase by 87% in the Netherlands and 44% in Australia as well as an international conversion rate growth by 31% year-on-year. The watchmaker also announced it…
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9 DecemberCoronavirus
Hong Kong jewellery shows postponed till July 2021
HKTDC has announced that The Hong Kong International Jewellery Show will be rescheduled to July 2021 attributed to both Covid-19 and lockdown restrictions. The show was scheduled to take place in March 2020 but has since been postponed throughout the year on multiple occasions with it now officially due to…
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Nov- 2020 -26 NovemberNews
Beaverbrooks reports annual turnover rise of 12.4%
Beaverbrooks has released its latest financial statement for the full year to 29 February 2020, which saw its annual turnover increase 12.4% to £143.2m from £127.4m last year, reflecting the sixth consecutive year of growth for the organisation. During the same period, the jewellery company also reported its operating profit…
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