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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Dec- 2017 -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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Nov- 2017 -21 NovemberRetailers
Online retail growth lower than average in pre-Black Friday lull
Despite showing a year-on-year growth of 12.6%, online retail sales figures in October were lower than average suggesting a pre-Black Friday lull. According to the latest figures from the IMRG Capgemini e-Retail Sales Index, this was lower than both the average year-on-year growth rate of 14.3% for the last three…
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Oct- 2017 -25 OctoberEditor's Blog
Fighting back against the algorithms
Now that the show season has cooled down, we head into the final quarter of the year, and begin gearing up for the Christmas sales period. The retail landscape remains challenging, but the UK economy continues to hold up in reasonable condition, and there are some significant reasons to be…
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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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