Retail Sales
Retail sales are a key driver of the UK jewellery trade, reflecting consumer trends, seasonal peaks, and broader economic conditions. For jewellers, suppliers, and manufacturers, monitoring retail performance is crucial to planning inventory, marketing, and growth strategies. Jewellery Focus provides comprehensive coverage on retail sales, including market analysis, sales figures, consumer behaviour insights, and strategies for maximising performance in-store and online.
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Mar- 2018 -7 MarchEconomy
De Beers announces rough diamond demand is strong for second cycle in 2018
De Beers has released data on its second cycle of rough diamond sales for 2018, with revenues provisionally secured at £399m. The world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds announced the provisional figure of sales from its rough diamonds mined from operations in…
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Feb- 2018 -12 FebruaryRetailers
Retail footfall takes a hit with Scotland showing sharpest decline
Footfall in January decreased by 1.6% year-on-year, showing a deeper decrease than the rate seen for January 2017, according to new figures. New British Retail Consortium (BRC) data showed a drop in footfall across all UK regions, with the sharpest decline being seen in Scotland (4.6 %). Despite footfall falling…
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Jan- 2018 -26 JanuaryRetailers
Asos reports 23% UK Christmas sales growth
Online fashion and jewellery retailer Asos has revealed retail sales grew strongly in the lead-up to and during the Christmas period. Total retail sales grew by 30% to £790m in the final four months of 2017 when compared with the same period the year before. Sales in the UK also…
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23 JanuaryE-Commerce
Online retail shows signs of maturing with tough 2018 ahead, says IMRG
The rate of retail sales growth is pointing to a ‘maturing market’, figures from the IMRG Capgemini e-Retail Sales Index suggest. UK online retail sales were up 12.1% on average year-on-year (YoY) in 2017, which was lower than the IMRG’s forecast of 14%. This figures also falls short of 2016’s…
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19 JanuaryE-Commerce
December 2017 sees retail sales slump
The Office for National Statistics (ONS) has revealed that December 2017 had the weakest retail sales in over four years. The quantity of items bought in December decreased by 1.5% when compared with the stronger sales in November 2017. Although retail sales increased by 1.3% in December compared with the…
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15 JanuaryEconomy
High street sees sharpest footfall decline in four years
New figures from the British Retail Consortium (BRC) and Springboard show footfall in the month of December suffered its sharpest decline since March 2013 Total UK retail footfall fell by 3.5% compared with December 2016, while the high street saw a sharper drop, down by 4.6%. Shopping centres suffered a…
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9 JanuaryEconomy
UK retail sales show marginal growth over Christmas
UK retail sales showed less growth over Christmas than they did last year, according to figures from the British Retail Consortium (BRC). Retail sales increased by 0.6% on a like-for-like basis from December 2016, which was a decline compared to an increase of 1.0% from the preceding year. Over the…
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Dec- 2017 -22 DecemberNews
Beaverbrooks keeps tradition of closing all 71 shops on Boxing Day
National jewellers Beaverbrooks will not be opening its 71 doors to shoppers this Boxing Day – keeping alive a tradition that has run for its entire trading history. The company, which is celebrating its 100th anniversary in 2019, has always closed on Boxing Day, as it believes that after the…
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20 DecemberEconomy
CBI announce retail sales rise in Christmas run-up
Retail sales rose in the year to December, building further on November’s solid performance, according to the latest monthly CBI Distributive Trades Survey. The survey of 109 firms, of which 56 were retailers, showed that in the year to December, retail sales and orders continued to rise, although it noted…
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8 DecemberAppointments
Former Dior CEO joins Sotheby’s
Sotheby’s has announced the appointment of Laurence Nicolas as executive vice president and global managing director of jewellery and watches. Reporting to the company’s CEO, Tad Smith, Nicolas will lead the various channels of Sotheby’s jewellery and watch businesses including auction, private, e-commerce and retail sales, as well as the…
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