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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May- 2022 -6 MayEconomy
Footfall drops again in April
Footfall in UK retail destinations dipped once again in April 2022, falling to -15.9%, down from a decline of -15.3% in March 2022, according to the latest figures from Springboard. It said that the month was “salvaged” by Easter in the second week, when footfall rose by +9.1% from the…
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4 MayRetailers
Dollie Jewellery welcomes business partner amid global revamp
Dollie Jewellery has appointed Melanie Tillett as its new business partner in a bid to revamp the silver jewellery brand. Dollie Jewellery is now expanding its presence nationally and internationally, and Tillett will be responsible for pushing the company as it prepares to enter the global marketplace. Tillett is the…
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Apr- 2022 -13 AprilRetailers
LVMH Q1 revenues surge 29% to £11.62bn
The LVMH Group has recorded a 29% year-on-year surge in revenues from €13.95bn (£11.62bn) to €18bn (£14.99bn) in the first quarter of 2022 (Q1 FY22), and a 23% rise in organic revenue. LVMH said this was achieved against a backdrop of continued disruption from the health crisis and marked by…
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12 AprilEvents
Inhorgenta Munich’s international attendance surges 40%
Inhorgenta Munich has reported “strong” and international participation in a “challenging” time as 17,285 visitors from 79 countries attended the latest show, with international visitors growing to 40%. Overall, the event, which took place from 8 April to 11 April 2022, saw 732 exhibitors from 33 countries, remaining stable at…
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5 AprilEconomy
Retail footfall drops 22.9% across UK
Footfall fell by 22.9% compared to 2019 in the non-food sector across the UK, although footfall is up 9.9% compared to the previous month due to “unseasonably warm weather”. According to Ipsos Retail Performance, the retail sector performed the strongest at -14.9% compared to pre-Covid levels, while footfall on the…
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4 AprilRetailers
NAJ appoints new principal officer
Ben Massey, current director of marketing and communications at the National Association of Jewellers (NAJ), has been appointed to the new position of principal officer with immediate effect as he transitions to CEO in 2023. Following the departure of previous CEO Simon Forrester in 2020, the NAJ underwent a management…
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Mar- 2022 -31 MarchEconomy
High street footfall continues to lag behind pre-pandemic levels
Footfall levels remain 23% below pre-pandemic levels in February 2022 as rising costs are reportedly set to “batter” retailers from 1 April, according to RSM. The latest data from Datscha, analysed by RSM, shows the overall decline in footfall is the worst in London with numbers on Oxford Street down…
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21 MarchRetailers
Bira predicts strongest Mother’s Day in 2 years
The British Independent Retailers Association (Bira) has predicted the strongest Mother’s Day trading in over two years. Following the lifting of restrictions early this year, the head of Bira believes this will be the strongest trading period of the year so far as shoppers will be able to hit the…
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18 MarchFeatures
13 Spring Statement predictions
With both the global and UK economies coming under pressure from the rising cost of living crisis, which has only been exacerbated by Russia’s invasion of Ukraine, all eyes will be on the chancellor when he makes his Spring Statement speech on 23 March 2022. Here, Christy Wilson, tax associate…
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17 MarchNews
BoE raises interest rates to 0.75%
The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate the effect of the rising costs of living and the impact that the conflict in Ukraine is having on the global economy. The Monetary Policy Committee (MPC) voted with a…
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