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- 2024 -2 JanuaryRetailers
Laings turnover hits £63m amid retail and workshop investment
Laings’ has a reported a 5% increase in turnover to £63.3m for the year ended 31 May 2023. Furthermore, the retailer posted a profit before tax of £3.7m for the period which it stated will be reinvested back into the business. The positive financials come following a programme of investment…
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2 JanuaryRetailers
Jewellery tops festive spending for 2023
UK jewellery and clothing sales have seen significant growth during the holiday period running from 1 November to 24 December, increasing by 8.3% and 8%, respectively, according to preliminary insights from Mastercard SpendingPuls. The report stated that the jewellery category was a “festive favourite”. In total UK retail sales for…
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Dec- 2023 -12 DecemberDesigners
Bradley’s Jewellers joins the Responsible Jewellery Council
Bradley’s Jewellers has announced that it has joined the Responsible Jewellery Council. The York-based small business will now prioritise RJC Certification, with the goal of achieving Certified Membership Status in 2024. Bradley’s is being supported on its journey towards RJC Certification by Jewelbuild director Sarah North, who has professional experience…
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5 DecemberRetailers
De Beers unveils changes to executive committee
De Beers Group has announced that David Prager, executive vice president and chief brand officer, and Ryan Perry, acting executive vice president of Strategy and Innovation, have decided to step down from their roles in 2024. Both Prager and Perry will continue to serve on the executive committee while overseeing…
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Nov- 2023 -17 NovemberManufacturers
Petra Diamonds chair steps down
Petra Diamonds has announced that chairman Peter Hill, CBE, has stepped down from his role following the conclusion of its annual general meeting. Following his departure, the board has appointed Varda Shine, senior independent director, as chair of Petra. Shine will lead a search for a permanent chair and also…
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Oct- 2023 -24 OctoberRetailers
Bradley’s Jewellers supports York and Scarborough NHS Foundation Trust
Independent jewellery business Bradley’s Jewellers York, has once again pledged to support the York and Scarborough Hospitals Charity and the York and Scarborough Teaching Hospitals NHS Foundation Trust by donating a cluster-style pendant for its upcoming raffle. Ahead of the Trust’s annual Celebration of Achievement Awards at Scarborough Spa on…
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11 OctoberDesigners
Houlden achieves record sales
Houlden has announced that it has posted record sales for the year ended February 2023, with sales up 16% compared with last year and 52% up on pre-pandemic figures. As a not-for-profit organisation, all surplus is returned to the membership and, in this case, the rebates in 2023, are three…
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Jun- 2023 -27 JuneFeatures
Jessica Flinn on changes, challenges and trends in the jewellery industry
Can you tell me about yourself and the history of Jessica Flinn? I started Jessica Flinn Designers Limited straight out of university in 2010, so it has been 13 years now, which is absolutely bonkers. I initially started out making stainless steel and silver jewellery, and I would sell it…
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May- 2023 -10 MayRetailers
Queensmith acquires Vashi.com domain
Queensmith has announced the acquisition of Vashi.com’s domain following its liquidation, for an undisclosed sum. In addition to purchasing the Vashi domain, Queensmith has also employed a number of Vashi staff who had been left redundant in the wake of its collapse. Despite achieving sales of £100m in 2021 and…
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Mar- 2023 -28 MarchDesigners
Faberge owner posts record revenues
Faberge owner Gemfields has posted record revenues of $341m (£279m), an increase of 32%, for the year ended 31 December 2022. The company also posted strong EBITDA growth of 25% up to $166m (£136m) and an EBITDA margin of 45%. Gemfields’ net profit was also up to $74m (£60m) compared…
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