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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Oct- 2017 -19 OctoberEconomy
UK retail sales growth slows more than expected
UK retail sales growth slowed more than predicted in the month of September, according to the Office of National Statistics (ONS). The figures showed that total sales fell by 0.8% when compared with August, making it much lower than the 0.1% drop that was expected. Year-on-year retail growth for Q3…
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Aug- 2017 -18 AugustEconomy
Retail sales increase by 0.3%, says ONS
Retail sales increased by 0.3% in July 2017 compared with the previous month, according to the Office of National Statistics (ONS). This was due to strong sales in food stores at 1.5%; recovering from a fall of 1.1% in June 2017. The underlying pattern in the quantity bought, measured by…
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Jul- 2017 -28 JulyEconomy
Summer sunshine boosts retail sales
Retail sales growth picked up in the year to July, exceeding expectations for minimal growth, according to the latest monthly CBI Distributive Trades Survey. The survey of 111 firms, of which 57 were retailers, showed that the volume of sales grew at a healthy pace – driven by grocery and…
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Apr- 2017 -21 AprilRetailers
UK retail sales drop as inflation rises
UK retail sales dropped by 1.8% in March marking the largest year on year decline since 2010 and exceeding economists’ predictions of a 0.5% decline. Coinciding with the rise of inflation, the volume of goods sold in store and online fell 1.4% in the first quarter of the year. The…
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12 AprilEconomy
BRC: Retail sales growth hits six-year low
UK retail sales have decreased 1% on a like-for-like basis, a report by the British Retail Consortium (BRC) has revealed. The latest BRC – KPMG Retail Sales Monitor – covering the five weeks from 26 February to 1 April – found total retail sales fell by 0.2% in March, compounded…
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Mar- 2017 -27 MarchEconomy
Retail sales rise despite Brexit
Retail sales increased by 3.7% in comparison to February 2016, despite worries regarding Brexit. The quantity bought also increased by 1.4% in February in comparison to January 2017. Online sales have also increased year-on-year by 20.7% and it now accounts for approximately 15.3% of all retail spending. Commenting on the…
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7 MarchEconomy
Non-food retail sales record first quarterly decline in six years
Non-food retail sales fell in the three months to February 2017, making it the first quarterly decline for the category since November 2011. The latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG found non-food retail sales fell 0.4% on a like-for-like basis and 0.2% on a…
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Jan- 2017 -12 JanuaryEconomy
UK jewellery and watch sales help Richemont return to growth
Richemont has reported a 5% increase in total sales in the third quarter (Q3) of its financial year, boosted by strong jewellery and watch sales in the UK. The Swiss luxury goods group – owner of jewellery and watch brands such as Cartier, A. Lange & Sohne, Jaeger-LeCoultre and Vacheron…
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11 JanuaryRetailers
Asprey reports jump in jewellery and watch sales
Luxury goods retailer and jewellery designer Asprey has reported a jump in retail sales in the first three quarters of the financial year. Asprey has seen “strong momentum” in the period from 1 April 2016 to 31 December 2016, with the company’s retail channel reporting a year-to-date increase of 65%…
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10 JanuaryEconomy
Last-minute Christmas rush boosts retail sales in December
UK retail sales continued to grow in December after consumers left their shopping until the final week before Christmas. The latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor found UK retail sales increased 1% on a like-for-like basis from December 2015, when they had increased 0.1% from the…
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