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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Apr- 2020 -21 AprilCoronavirus
Companies House suspends strike-offs amid Covid-19 crisis
Companies House has announced it has temporarily paused its strike off process to prevent companies being dissolved amid the Covid-19 pandemic. The government announced changes to Companies House enforcement last week (16 April), which gives businesses affected by the coronavirus outbreak the time they need to update their records and…
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16 AprilCoronavirus
Government extends lockdown for ‘at least’ three more weeks
The government has announced an extension to the coronavirus lockdown for “at least” a further three weeks. The decision was announced at today’s (16 April) press briefing which was led by foreign secretary Dominic Raab. It also comes after Raab led an emergency Cobra committee and cabinet meetings about the…
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15 AprilCoronavirus
National Association of Jewellers furloughs CEO
The National Association of Jewellers (NAJ) has furloughed its CEO Simon Forrester as a “temporary measure” in response to pandemic. A statement issued by the NAJ read: “As all are acutely aware we are in unprecedented times, and uncharted waters lie ahead. The government have made it clear that we…
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15 AprilAnalysis
Covid-19 & designer watches: The impact of the outbreak
The coronavirus outbreak has caused widespread devastation across the entire globe. Not only are the numbers of cases and deaths caused by the COVID-19 virus already in the tens of thousands, but industries and societal constructs are continuing to struggle as a result. One such industry to suffer the consequences…
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15 AprilEvents
Oroarezzo show moved to July amid Covid-19 Pandemic
Italian Exhibition Group (IEG) has decided to move Oroarezzo 2020 (OA) to July and said it is working to “guarantee” customers, visitors, partners and its own workers, with the highest safety standards. OA 2020 will be held from 18 to 21 July in the Arezzo Expo Centre with a “proactive…
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14 AprilCoronavirus
World’s biggest watch brands exit Baselworld
Five of the world’s biggest watch brands have released a joint statement announcing their withdrawal from Baselworld 2021, following the cancellation of this year’s event due to the Covid-19 pandemic. In a joint statement, Rolex, Patek Philippe, Chanel, Chopard and Tudor said they will no longer participate in the world’s…
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9 AprilCoronavirus
Have your say: Baselworld lays out refund policy
Baselworld has announced it is planning to withhold exhibitor’s fees for the cancelled 2020 show and instead shift them to the event the following year. MCH Group, which organised the event, said it would now carry forward 85% of the fees to Baselworld 2021, with the remaining 15% used to…
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8 AprilCoronavirus
Average UK SME does not have enough cash to cover debts due in 2021, says UHY
The average UK SME does not have enough cash to cover debts due in the next year, according to new research from accountancy firm UHY Hacker Young. The firm’s analysis of the balance sheets of more than 13,500 SMEs in the UK showed that the average SME now has only…
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7 AprilCoronavirus
De Beers contributes £2m to Botswana and Namibia
De Beers Group has announced that it will contribute $2.5m (£2m) across Botswana and Namibia to aid the response to the ongoing coronavirus pandemic in these countries. The jewellery group said it is a “50/50 joint venture” partner with both Botswana and Namibia in the recovery and sorting of rough…
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7 AprilCoronavirus
CMJ takes ‘unprecedented steps’ to support members
The Company of Master Jewellers (CMJ) announced that it is bringing forward its retrospective rebate payment to members in its latest efforts to provide support amid the pandemic. Retailer members of the association will now receive their retrospective rebate today (7 April), three months earlier than normal. The CMJ has…
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